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《大行報告》美銀證券降今年澳門賭收預測 下調濠賭股目標價
阿思達克 04-14 15:00
美銀證券發表報告指,濠賭股自今年1月新型肺炎疫情爆發以來,股價累計調整35%,該行相信板塊已為最壞情況做好準備,現價不僅反映今年肺炎疫情對濠賭股的影響,亦已反映明年疫情持續的潛在風險。雖板塊股價將會受市場影響而繼續波動,但現時風險回報吸引。

報告指,即使在該行預測的最壞情況、即疫情維持至明年夏季下,相信賭場營運商仍可應付,雖其日均賭收金額將低於3.2億澳門元之收支平衡水平,但相信其資金水平足夠其維持一至三年的經營,亦能抵禦再次關閉賭場帶來的風險。

該行相信濠賭股4月賭收仍將受到影響,考慮疫情全球擴散,美銀證券下調今年賭收預測,由收縮20%降至收縮41%,意味首季賭收按年跌60%,次季跌73%,第三季跌24%,第四季跌4%,並下調濠賭股目標價,詳情見另表。該行偏好銀河娛樂(00027.HK)及澳博控股(00880.HK),由於其資產負債表強勁,及至明年有新賭廳投入。

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