《大行報告》匯豐研究:六家澳門博企可在零收入情況下維持營運至少十個月 偏好金沙(01928.HK)
匯豐環球研究發表報告指,澳門出現新一輪疫情,政府隨即收緊出入境管控,包括離境核酸陰性檢測證明縮短至24小時。由於旅遊管制加上展開三日全民檢測,預期澳門博彩業近期的數據仍然非常疲弱。
匯豐表示,澳門賭股昨日(20日)平均下跌2.5%,認為市場已反映今年行業復甦有限的預期。而該行更新的流動性分析顯示六間澳門博企在零收入的情況下,可維持營運至少十個月。
匯豐偏好金沙中國(01928.HK),認為雖然其資產負債表最為疲弱,但母公司金沙集團有豐富現金,相信母企潛在提供貸款可給予一些舒適空間。另外,公司估值相當於明年企業價值倍數(EV/EBITDA)12.3倍,提供有利的風險回報。該行對其股份評級為「買入」,目標價21.5元。
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