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《大行报告》大摩料澳博(00880.HK)「上葡京」项目或延至第三季开幕 料投资气氛改善
阿思达克 05-28 14:30
大摩发表研究报告指,相信澳博(00880.HK)上葡京将再度延期至第三季开业,因目前需待有关当局审批,管理层料需时4至8周,而即使如期於第三季开业,贵宾厅和高端酒店部份将会延後开业。项目目前有3,500员工(第一季末3,000人),料准备开业开支每季达2亿元(第一季1.6亿元)。

该行指,公司计划在上葡京先开260张中场赌台,余下44张贵宾赌台会於明年等待Palazzo Versace酒店一同开业。而另一间拥650房间的酒店会先开业。至於租金收入方面,料需要今年底,或明年才有贡献。

该行表示,公司5月份人流略有改善,料港澳通关後将可带回疫情前超过20%赌收。公司计划为其250亿元银团贷款再融资,新融资料少於200亿元,为期6年,但息率会较低。

该行相信,上葡京开业前消息有助刺激股价气氛,目标价11元,评级「增持」。

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