《大行報告》摩通:深圳疫情升溫 暫不對澳門「十一」賭收抱太大期望 但長線仍看好
摩根大通發表報告表示,澳門公布8月份博彩毛收入近22億澳門元,按月大升4.5倍,但按年跌51%,即日均收益僅7,100萬澳門元,相當於疫情前水平的9%,鑑於澳門與內地之間的邊境檢疫政策仍然嚴格(如48小時內的檢測結果為陰性、返回後的後續檢測)等。
該行指,顯而易見,澳門博彩收入要任何有意義的復甦均取決於內地對澳門旅遊政策的放鬆,特別是廣東省的相關政策,但該行認為,最近深圳疫情升溫後的「封鎖」措施和多個省份的突發疫情事件,並不是對澳門進行政策放鬆的好時機,該行目前不會對「十一」黃金周賭收表現進行預測。
該行認為,濠賭股的長期風險與回報比率是正面的,仍然是看好。首先,投資者倉位預期已非常低,這反映在股票對負面消息的反應平淡中。其次,需求處於非常的低點,因此該行至少可以預期至第四季度的方向性反彈。第三,政策周期似乎也處於底部,而且在澳門賭牌更新進展方面也是如此。
摩根大通指,金沙中國(01928.HK)仍然是該行首選,公司提供了穩定性(擁強大的資產及大眾關注)和上行潛力,其次是永利澳門(01128.HK)和銀娛(00027.HK)。
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