《大行報告》大摩:憧憬旅遊限制放寬 料濠賭股跑贏大市
大摩發表研究報告,指5月份澳門賭收按年跌93%至17.64億澳門元(下同),好過預期跌95%,日均賭收約為5,700萬元,較上月增逾一倍,主因貴賓廳收入增加。
該行指,澳門已連續53日零確診新冠肺炎個案,相信6月中可以放寬限制,當中首階段會放寬廣東省居民的進入,預期屆時會有強勁的需求。
該行又指,假設全年EBITDA能夠與去年相若,現時澳門博彩行業估值相當於2019年EV/EBITDA約10倍,較歷史平均值低(2012年以來12.5倍)。行業股價年初至今表現與恆指大致同步,但相信隨著限制在未來數周放寬,濠賭股會開始跑贏大市。
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