8.24BMarket Cap-4721P/E (TTM)
5.430High5.230Low6.38MVolume5.280Open5.290Pre Close34.17MTurnover0.42%Turnover RatioLossP/E (Static)1.52BShares9.47052wk High12.40P/B8.24BFloat Cap4.69052wk Low--Dividend TTM1.52BShs Float31.809Historical High--Dividend LFY3.78%Amplitude-0.494Historical Low5.356Avg Price1000Lot Size--Div YieldTTM--Div Yield LFY
MELCO INT'L DEV Stock Forum
ColumnsGaming & Luxury Goods | Expecting full mass recovery in 3Q23
Our new pecking order: MGM (2282.HK) = Wynn (1128.HK) > Sands (1928.HK) > Melco (MLCO.US, 200.HK) =Galaxy(27.HK)>SJM (880.HK).
We largely maintain our 2Q23 mass gross gaming revenue (GGR) projection of 89% of the 2Q19 level, given:
1) Continued staff hiring, alleviating of bottleneck of hotel rooms;
During the pandemic, all six gaming operators in Macao reduced their employee headcounts, resulting in a labor shortage in t...
(Update) BABA up 5% in Hong Kong
Hong Kong will reduce COVID isolation orders to 5 days from December 9.
Macau will also hold a meeting at 5:00PM on the latest measures.
Macau casinos are rallying, and the stock gauge rises 10% on reopening optimism. $WYNN MACAU(01128.HK)$$MELCO INT'L DEV(00200.HK)$
$ALIBABA GROUP HOLDING LTD(BABAF.US)$$Alibaba(BABA.US)$$BABA-SW(09988.HK)$$Hang Seng TECH Index(800700.HK)$$China Concept Stocks(BK2517.US)$
Bloomberg: Macau casinos reopen with dim business outlook amid travel curbs, as outlook for year calls for 35 per cent revenue drop
$MELCO INT'L DEV(00200.HK)$$WYNN MACAU(01128.HK)$$SANDS CHINA LTD(01928.HK)$$SJM HOLDINGS(00880.HK)$$MGM CHINA(02282.HK)$
Bloomberg: Macau Shuts All Casinos as City’s Worst Outbreak Widens: Paper
$MELCO INT'L DEV(00200.HK)$$SJM HOLDINGS(00880.HK)$$WYNN MACAU(01128.HK)$$MGM CHINA(02282.HK)$
Macau rebound
Anyone expecting a meaningful recovery in the Macau gaming space this year?
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