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《大行報告》高盛:澳門4月賭收跌幅符預期 料旅遊限制5月中開始逐步放寬
阿思達克 05-04 14:54
澳門4月賭收按年下跌97%至8億澳門元,高盛發表報告表示,該跌幅符合該行及市場預期,即是4月平均每日賭收為2,500萬澳門元,較3月最後一周進一步惡化,主因於3月底實施了相關入境限制措施。

該行補充,展望5月份,雖然中國的國內旅行應在黃金周假期期間有所增長,但只要個人遊及團體旅遊簽證限制仍然存在,預計未來1至2周的賭收不會有太大改善。該行維持今年第二季賭收按年下跌80%的預期,第三季則料跌30%,及至第四季會回復按年升20%,主因預期旅遊簽證申請有望於6至7月重啟。

高盛又指,澳門賭股板塊現價相當於今年企業價值倍數(EV/EBITDA)10.8倍,較歷史平均水平12至13倍為低,代表存在15%上升空間。該行預計該板塊在未來幾周內更為波動,建議吸納表現落後的股票,如新濠國際(00200.HK)及永利澳門(01128.HK),主因其更具吸引力的風險回報率。而以一年來看,澳博(00880.HK)及銀娛(00027.HK)則是行業首選。

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