花旗:下调永利澳门(1128.HK)目标价至19港元 评级“买入”
花旗发表报告指,永利澳门(01128.HK)早前预料今年第三季的贵宾厅博彩转码数,将因中美贸易问题及香港社会事件而有显着下降,导致第三季的赌场收益及经调整物业EBITDA受影响。此外,EBITDA亦受到直接经营贵宾厅异常地低的赢率所影响,而中场赌桌及角子机投注额则有持续增长。
该行下调对永利澳门股份目标价,由21.5港元降至19港元,今年至2021年的盈利预测亦下调11%至16%。不过,该行仍然预期公司今年总股息将达每股1.2港元,意味股息收益率达7%,因此评级维持“买入”。
另外,为反映公司管理层对7月及8月的最新指引,花旗下调永利澳门今年第三季EBITDA预测24%,由3.92亿美元降至2.98亿美元(即按年下跌27%及按季下跌13%)。花旗最新预计,永利澳门第三季的贵宾厅赌收将按年下跌49%,中场赌收则按年增长约6%。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.