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【大行言論】銀娛(0027-HK)漲0.57%,野村維持中性評級 @ 2011-10-21T18: Back Hot News
Keyword:永利 銀娛 第三季
Concept:
香港文匯報訊(記者 廖毅然)永利澳門(1128)及銀河娛樂(0027)第三季表現均有大幅增長,永利澳門純利增長逾80%,銀娛EBITDA更錄得近3倍增長至18億元。不過,由於母公司永利渡假村業績遜預期,永利澳門昨日最多跌8.5%,銀娛亦受累濠賭板塊「插水」,最多跌9.22%。
澳門博彩股今日沽壓不輕,銀河娛樂(00027)公布季績後「見光死」,股價低見13.58元,最後跌幅收窄至5.5%收報14.14元。銀娛第三季經調整EBITDA連續第12季度錄增長,達到18億元,同比增長1.9倍,按季增62%。永利澳門(01128)今早市前公布截至9月底止第三季業績,盈利2.1億元美元,增幅達83.6%,惟貴賓廳表現遜於預期,高盛維持沽售評級,股價收報18.8元,跌3.9%。其他濠賭股亦走弱,澳博(00880)跌5.7%報11.92元。
高盛則指,第三季業績總體符合預期,反映部分客源被路凼的賭場分流。第三季的EBITDA率下降1.1個百分點至31.1%,可能是因為銀娛旗下的澳門銀河開幕之後,永利澳門增加開支以保持市場份額。加上高盛擔心永利澳門的貴賓業務放緩,因此高盛維持該股的「沽售」評級。
澳門博彩股個別發展,資金似有換馬跡象,一改以往同升同跌的情況。銀河娛樂將於本周內公布第三季業績,高盛估計,以總體博彩收入計算,估計銀娛市占率由第二季的12.4%,迅速增至第三季的19%。銀娛升5.20%至14.96元。新濠國際發展亦升2.56%,但澳博控股和永利澳門都跌逾4%。(完)

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