《大行報告》大摩:濠賭股去除監管不明朗因素 大型股喜愛金沙中國及銀娛
澳門特區政府日前公布修訂《娛樂場幸運博彩經營法律制度》法律草案內容。摩根士丹利發表報告,指濠賭股去除監管不明朗因素,濠賭股市值有潛力恢復到2021年9月水平,大型股較喜愛金沙中國(01928.HK)多過銀娛(00027.HK),對兩者均持「增持」評級。該行又指,澳門政府撤回了新博彩法中關於股息限制的建議,認為這對金沙正面影響應該比銀娛大。
大摩指出,儘管美高梅中國(02282.HK)盈利下修幅度較低,股價仍落後於澳博(00880.HK),而且短期內澳博的衛星賭場、債務再融資和上葡京娛樂場均存在不確定性,因此看好美高梅中國(02282.HK)多過澳博(00880.HK),對兩者評級均為「與大市同步」。
大摩稱,永利澳門(01128.HK)貴賓廳敞口高、固定運營成本較高、高負債以及新博彩法中要求的最低資本為50億澳門元,對永利澳門不利,維持其「減持」評級。
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