00880 SJM HOLDINGS
- 3.020
- +0.080+2.72%
SJM HOLDINGS News
Changes in Hong Kong stocks | Macau International Development (00200) rose more than 10% to lead gaming stocks, and the National Immigration Administration introduced six policies and measures to facilitate entry/exit management for private enterprises
Gaming stocks generally rose in early trading. As of press release, Macau International Development (00200) rose 9.39% to HK$5.94; Sands China (01928) rose 4.38% to HK$19.54; Aobo Holdings (00880) rose 3.5% to HK$2.96; and Galaxy Entertainment (00027) rose 3.09% to HK$36.7.
Gaming stocks rose collectively, and Melco International Development (00200) rose 9.76%, and the central government promoted a number of measures to benefit Australia
Jinwu Financial News | Gaming stocks rose collectively. Macau International Development (00200) rose 9.76%, MGM China (02282) rose 4.77%, Sands China (01928) rose 4.38%, Aobo Holdings (00880) rose 3.85%, Galaxy Entertainment (00027) rose 3.09%, and Wynn Macau (01128) rose 2.77%. The State Administration of Immigration issued a notice on the 28th regarding the implementation of certain policies and measures to further facilitate the entry and exit management of enterprises for the benefit of the people. These measures will further facilitate personnel exchanges and mutually beneficial cooperation between the Mainland, Hong Kong and Macao, and support the moderate diversification of Macao's economy
澳博控股：董事會會議日期
澳博控股：年報2023
The number of inbound visitors to Macau increased 79% year-on-year in the first quarter to 8.875,800
On April 22, the Macao Statistics and Census Service announced that the total number of inbound visitors in the first quarter of this year was 8.875,800, up 79.4% year on year, and recovered to 85.7% in the same period in 2019.
Changes in Hong Kong stocks | Macau International Development (00200) rose more than 4%, leading the gaming stock market to enter Macau's May 1st Golden Week with an average of 130,000 visitors per day
Gaming stocks rebounded collectively today. As of press release, Macau International Development (00200) rose 3.8% to HK$5.19; Aobo Holdings (00880) rose 3.45% to HK$2.7; Wynn Macau (01128) rose 2.51% to HK$7.36; and Galaxy Entertainment (00027) rose 2.08% to HK$34.35.
Is There Now An Opportunity In SJM Holdings Limited (HKG:880)?
While SJM Holdings Limited (HKG:880) might not have the largest market cap around , it led the SEHK gainers with a relatively large price hike in the past couple of weeks. While good news for sh
Macquarie: Macau's total gaming revenue is expected to recover to 75%-78% in 2019, and Galaxy Entertainment (00027) and Sands China (01928) are preferred
The market shares of MGM China (02282), Aobo Holdings (00880) and Wynn Macau (01128) are expected to increase quarterly.
Macau Casino Operators Set to Deliver Positive Earnings Growth in 2024 -- Market Talk
Macau casino operators are poised to deliver positive growth in revenue and profitability this year as Macau's fundamentals continue to ramp up strongly following three years of pandemic-related shutdowns, says Vitaly Umansky, senior analyst at Seaport Research Partners, in a note.
Macau Gaming Sector's Growth Pace Remains Unclear -- Market Talk
The trajectory of growth for Macau's gaming industry remains unclear, with the sector only experiencing modest growth in recent months, Jefferies analysts write in a research note.
Changes in Hong Kong stocks | Aobo Holdings (00880) rose more than 7%, Macau Lucky Gaming's gross revenue in March was 19.503 billion MOP, up 53.1% year-on-year
Aobo Holdings (00880) rose more than 7% and rose 7.49% at press time to report HK$2.87, with a turnover of HK$4.52 million.
Changes in Hong Kong stocks | Wynn Macau (01128) rose more than 5%, leading the rise in gaming stocks, Lyon raised its full-year gambling revenue forecast, Citi said March gambling revenue exceeded market expectations
Gaming stocks generally rose in early trading. As of press release, Wynn Macau (01128) rose 5.46% to HK$7.92; Aobo Holdings (00880) rose 4.74% to HK$2.65; MGM China (02282) rose 2.09% to HK$13.9; and Macau International Development (00200) rose 0.57% to HK$5.29.
Lyon: MGM China (02282) and Sands China (01928) are preferred for the latest ratings and target prices (table) for Macau gaming stocks
Lyon raised Macau's gaming revenue forecast for this year by 4% to US$30.3 billion.
Gaming stocks rose collectively; Melco International Development (00200) rose 3.67% Gaming revenue in the first 3 months increased 65.5% year-on-year
Jinwu Financial News | Gaming stocks rose collectively. Macau International Development (00200) rose 3.67%, Galaxy Entertainment (00027) rose 3.31%, Sands China (01928) rose 3.17%, Wynn Macau (01128) rose 2.15%, Aobo Holdings (00880) rose 1.67%, and MGM China (02282) followed 1.707%. Macau's gaming revenue in March was 19.503 billion patacas, a year-on-year increase of 53.1% higher than expected. Macau's gaming revenue in January-March was MOP 57.3 billion, an increase of 65.5% over the previous year.
Macau's Gaming Industry Makes Further Gains Post-Pandemic -- Market Talk
Macau's gaming industry seems to making further improvements from a downturn sparked by the pandemic, Citi analysts George Choi and Ryan Cheung say in a research note. Gross gaming revenue in March rose to the highest monthly level since Macau's post-Covid reopening, sitting at around 75% of the March 2019 figure, the analysts note.
There's Reason For Concern Over SJM Holdings Limited's (HKG:880) Price
There wouldn't be many who think SJM Holdings Limited's (HKG:880) price-to-sales (or "P/S") ratio of 0.8x is worth a mention when the median P/S for the Hospitality industry in Hong Kong is similar at
Damo: Target price for “reduced holdings” rating for Aobo Holdings raised to HK$2.15
Morgan Stanley released a research report stating that the “reduced holdings” rating for Aobo Holdings (00880) predicted earnings per share for 2024 to 2026 at $0.05, 0.19, and $0.28, while the target price was raised from HK$1.9 to HK$2.15. The bank said it lowered the market share forecast for the company's 2024 self-operated midfield gaming revenue calculation to 7.3%. Among them, the market share of Shanghai Lisboa is expected to rise to 1.4% from 1.3% in the previous quarter. At the same time, it also predicts that the operating expenses and midmarket investment amount of Shanghai Lisboa will increase further, dragging down the annual EBITDA by 4%. However, Oma
Changes in Hong Kong stocks | Galaxy Entertainment (00027) rose more than 4% to lead gaming stock UBS says operating expenses and competitive pressure on Macau gaming stocks have eased
Gaming stocks picked up in early trading. As of press release, Galaxy Entertainment (00027) rose 3.69% to HK$40.75; MGM China (02282) rose 3.25% to HK$12.08; Aobo Holdings (00880) rose 3.03% to HK$2.38; and Sands China (01928) rose 2.84% to HK$21.75.
First Shanghai: Maintaining Aobo Holdings' “Buy” Rating Target Price of HK$3.28
First Shanghai released a research report saying that maintaining the “buy” rating of Aobo Holdings (00880) is believed to benefit as Macau recovers; at the same time, climbing the “Shanghai Lisboa” slope will enhance the group's long-term growth and competitive advantage; it continues to be optimistic about the future development of Aobo, with a target price of HK$3.28. The company's gross gaming revenue in the fourth quarter of 2023 increased 9% month-on-month to HK$6.74 billion (same as below) (recovering to 65.7% in the same period in 2019). According to the report, looking at the performance of “Grand Lisboa” and other casinos by business: the gaming revenue of “Grand Lisboa” and other self-operated and satellite casinos is divided
[Broker Focus] First Shanghai Shengao Expo Holdings (00880) target price of 43% to HK$3.28 is expected to benefit from Macau's recovery
Jinwu Financial News | According to the First Shanghai Development Research Report, Aobo Holdings (00880)'s gross gaming revenue in the fourth quarter of 2023 increased 9.0% month-on-month to HK$6.74 billion (same figure) (recovering to 65.7% in the same period in 2019). EBITDA increased 23.8% month-on-month to 700 million yuan (recovering to 59.1% in the same period in 2019), and the performance of “Grand Lisboa” and other self-operated businesses was in line with expectations. Net profit loss continued to narrow slightly to -340 million yuan. With Macau's recovery, the bank believes the Group will also benefit; at the same time, climbing the “Upper Lisboa” slope will enhance the Group's long-term growth and competition
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