《大行報告》高盛:澳門賭業股短期股價或更波動 維持金沙中國(01928.HK)及銀娛(00027.HK)「買入」評級
高盛發表研究報告,表示在過去兩至三個月持續提到濠賭股,當中旅遊業發展前景及博彩牌照續期取得進展等重估催化劑都已在發揮作用,消息陸續推動股價走強。
該行表示,雖然現時對該行業抱著建設性態度,預期隨著未來幾個月旅遊限制放寬和市場預期正常化,市場料續迎來利好消息。但高盛亦提醒,市場預期已提高及疫情可能惡化導致賭收表現下跌的擔憂仍然存在,預料近期澳門賭業股的股價表現可能會變得更加波動。
該行認為,行業正在進入第二發展階段,基於基本面選股變得更加重要,以現價水平來看股份並未完全復甦,也沒有任何潛在的被壓抑需求釋放,預測中場博彩收入將在未來6至12個月內恢復到70%至80%。
選股方面,高盛維持對金沙中國(01928.HK)及銀娛(00027.HK)的「買入」評級,認為兩家公司從長遠來看,最能夠把握中場及非博彩業務的增長;另外亦看好新濠(00200.HK),預期增長步伐將跑贏同業。
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