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《大行報告》高盛:金沙中國(01928.HK)上季業績勝預期 估值吸引
高盛發表研究報告指出,澳門第三季賭收按季跌34%,主要是受當地7及8月份爆發疫情拖累,該行預期6間賭場營運商季內EBITDA虧損將有所擴大。該行認為,金沙中國(01928.HK)第三季EBITDA虧損約1.52億美元勝預期,該行預期虧損1.84億美元及市場預期虧損介乎1.58億至1.98億美元。 此外,該行將金沙2022財年EBITDA預測上調40%(相對於基數低),並維持對其2023至2024財年預測基本不變。目標價仍為26元,繼續認為新賭牌與內地可能放寬旅行限制等情況下,澳門賭收有望逐漸復甦,或成為金沙與同業估值差距收窄的重要催化劑。雖然預期賭收需時恢復正常,但該行指金沙的估值吸引,維持對其「買入」評級。
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