花旗:永利(1128.HK)首季表現優於預期,惟降目標價至6.9港元
格隆匯5月12日丨花旗發研報指,永利澳門(1128.HK)今年首季業績優於該行及市場預期,主要由有效的成本節約措施所帶動,首季經營收益總額按季跌8%至2.98億美元,經調整後的物業EBITDA錄虧損600萬美元,但預計永利澳門的市場份額從去年第四季度的12.6%下降至今年第一季度的12.1%,將該行目標價由7.9港元下調至6.9港元,予“買入”評級。
該行表示,管理層提及在最近勞動節假期的部分時間內,酒店入住率恢復至65-75%,這表明當澳門變得更容易到達時,賭客便返回澳門,而在長遠發展機會方面,永利澳門在永利皇宮擁有兩幅未開發地塊,另有1.5英畝的現有物業,在決定如何處理未開發土地時,管理層會把政府所需與其自身的需求結合。

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