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《大行報告》匯豐研究料澳門2月賭收介乎95億至105億澳門元 偏好金沙中國(01928.HK)
阿思達克 02-14 10:21
匯豐研究發表研報指,2月份首12日澳門博彩收入達到約44億澳門元,即過去一星期平均每日收入(ADR)為約3.57億澳門元,較前一星期的3.8億及1月份的3.74億澳門元相比略有放緩,相信是由於農曆新年假期過後旅客到訪量下降所致。按市場劃分,貴賓廳賭收按月減少15%,而中場賭收則減少約5%。 該行指出,新春後澳門訪客量每日為約4.7萬至5萬人,預期跟團遊人次增加應該可彌補新春過後個人遊旅客季節性疲弱的需求,預計近期數據表現將保持良好,2月份博彩收入預期將介乎95億至105億澳門元,達到2019年同期的約37%至41%水平,意味著本月剩餘時間的ADR將達到3.2億至3.8億澳門元。 匯豐研究指,澳門勞工短缺問題未造成重大影響,當地旅遊局數據顯示現時約80%的酒店客房供應仍在正常運作,預期客房服務員工缺乏導致有2,000至3,000間酒店客房空置。國內航空運力逐漸恢復,澳門亦宣布恢復更多地區的直航航線,加上政府主導的一系列宣傳促銷活動,該行認為將有助於吸引國際遊客回歸。 匯豐研究較偏好金沙中國(01928.HK),主要看好其擁有大量酒店庫存和新物業,並且專注於中場業務,給予「買入」評級及目標價33.5元;預計近期數據及市場情緒將為濠賭股帶來支持,現時行業估值水平亦屬合理。
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