摩通:目前是長線投資者買入濠賭股良機 首選銀娛(0027.HK)
摩根大通發表研究報告,指雖然濠賭股的需求一直不振,加上在競爭加劇下短期前景仍然不穩,但認為現時的估值水平對長期投資者而言是買入良機,覺得現時的困境只是暫時性及週期性。該行的首選是銀河娛樂(00027.HK),接着是永利澳門(01128.HK)及金沙中國(01928.HK),然後美高梅中國(02282.HK)及新濠國際發展(00200.HK),最後是澳博控股(00880.HK)。

該行對第四季的澳門博彩業預測維持不變,預料博彩收益將會按年下跌8%,隨後第一季的表現將會持平,並在4月份之後出現正面的增長。在細分市場方面,該行保守地預期中場收入將會在第四季至明年上半年按年增長6至7%,並在2020下半年提速至大約10%。有些投資者或會對接下來數季的中場收入放緩感到失望,但該行認為不必對此過份解讀。
貴賓廳業務方面,預料第四季的收入將按季持平,2020年的表現則會按年持平。看到貴賓廳業務開始出現更好的勢頭。
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