NagaCorp (HKG:3918) Earnings and Shareholder Returns Have Been Trending Downwards for the Last Three Years, but the Stock Climbs 5.4% This Past Week
Investing in stocks inevitably means buying into some companies that perform poorly. Long term NagaCorp Ltd. (HKG:3918) shareholders know that all too well, since the share price is down considerably
NagaCorp Ltd. (HKG:3918) CEO Lip Keong Chen's Holdings Dropped 3.5% in Value as a Result of the Recent Pullback
Key Insights Significant insider control over NagaCorp implies vested interests in company growth The largest shareholder of the company is Lip Keong Chen with a 66% stake Ownership research along
Changes in Hong Kong stocks | Financial World Holdings (03918) fell more than 5%, shareholders provided loans of up to $80 million, Moody's says the company still faces refinancing risks
Goldworld Holdings (03918) fell more than 5% in early trading. As of press release, it fell 4.48% to HK$3.2 million, with a turnover of HK$7.329,800.
NagaCorp's (HKG:3918) Returns On Capital Not Reflecting Well On The Business
What are the early trends we should look for to identify a stock that could multiply in value over the long term? Firstly, we'll want to see a proven return on capital employed (ROCE) that is increas
Nagacorp Borrows $80 Million to Refinance 2024 Debt; Shares Surge 11%
Nagacorp (HKG:3918) borrowed up to $80 million from ChenLipKeong Capital to refinance and/or discharge part of its outstanding 2024 debts upon maturity, according to a Tuesday filing. The debts have a
Financial World Holdings plans to receive a loan of up to $80 million from ChenLipKeong Capital
Financial World Holdings (03918) announced that on October 17, 2023 (after the Stock Exchange trading session), the company (as borrower) and lender ChenLipKeong Capital Limited (as lender) entered into a loan agreement. According to this, the lender agreed to provide a loan of up to 80 million US dollars to the company. The sole purpose of the loan is to refinance and/or partially pay off the outstanding 2024 notes at maturity. After careful consideration, the company believes that reasonable loan terms, including competitive financing costs, will increase the company's liquidity
Financial World Holdings (03918.HK) received a loan of up to $80 million from the controlling shareholder
Glonghui, Oct. 17, 丨 Financial World Holdings (03918.HK) announced that on October 17, 2023, the company (as the borrower) and lender ChenLipKeong Capital Limited (wholly owned by The Sakai Trustee, who is the company's executive director, controlling shareholder and senior executive contact person Dr. Chen) entered into a loan agreement. Based on this, the lender agreed to provide a loan of up to 80 million US dollars to the company. The sole purpose of the loan is to refinance and/or when the outstanding 2024 notes expire
Citigroup: Maintains the “sell and sell” rating of Goldworld Holdings and lowers the target price to HK$3.5
According to a research report released by Citi, the number of people visiting Cambodia from the mainland in August this year remained at about 23% of the 2019 level. The bank said that when the number of travelers picks up as the capacity of outbound flights from the mainland improves, they may go to other high-quality casinos that provide better services first. It is believed that with the addition of new products, Goldworld Holdings (03918) will become a contributor to market share in the next few years, maintain its “sell and sell” rating, and lower the target price from HK$3.65 to HK$3.5. According to the report, the financial sector's EBITDA for the third quarter of this year fell 13% quarterly to 72 million US dollars, a quarterly decrease of 1
NagaCorp's Year-to-Date Gross Gaming Revenue Climbs 12.1%; Shares Drop 3%
NagaCorp (HKG:3918) earned a gross gaming revenue of $379 million in the financial year to date, up 12.1% from $338.1 million a year earlier amid the recovery of the gaming industry. The company's mas
Omo: Target price of “increase holdings” rating for Financial World Holdings is HK$5.5
Damo released a research report stating that it gave Financial World Holdings (03918) an “increase in holdings” rating, with a target price of HK$5.5. The company's EBITDA for the third quarter fell 15% month-on-month, falling short of the bank's expectations of 20%. Mainly, the month-on-month decline in gambling revenue was greater than expected. Gambling revenue fell 6% month-on-month, reaching 30% of the 2019 level. It is expected to gradually grow in the future, as other gaming markets in Asia are showing post-epidemic improvements. The company's current valuation is equivalent to predicting this year's corporate value to about 6.5 times EBITDA and a free cash flow yield of 13%. If the valuation is to be re-evaluated, it is necessary to provide a repayment plan for bonds due in July next year, and be sustainable
[Hong Kong Stock Connect] Financial World Holdings (03918): Year-to-date high-end VIP market transcoded to US$3,046 billion, an increase of 35.2%
Jinwu Financial News | Financial World Holdings (03918) announced that for the nine months ended September 30, 2023, total gaming revenue was US$379 million, an increase of 12.1% year-on-year. It recorded an EBITDA of US$215 million, an increase of 17.4%. During the period, mid-market turnover was US$2.702 billion, an increase of 7.8%; the high-end VIP market was transcoded to US$3,046 billion, an increase of 35.2%. According to the announcement, mid-market betting chip growth accelerated in the three months ending September 30, 2023, with a year-on-year increase of 18.5% over the same period last year. This is mainly due to the performance of high-limit gaming zones
Financial World Holdings (03918.HK): Year-to-date total gaming revenue of US$379 million, up 12.1% year-on-year
Glonghui, Oct. 3 | Financial World Holdings (03918.HK) announced that according to the company's unaudited accounts for the nine months ended September 30, 2023, it has been observed that the turnover of the midfield division from the beginning of 2023 to the present (table betting chips+electronic gaming machine (“electronic gaming machine”) investment amount) has increased 7.8% over the same period last year. In the three months ending September 30, 2023, mid-market betting chip growth accelerated, with a year-on-year increase of 18.5% over the same period last year. This is mainly due to the satisfactory performance of high-limit gaming zones and the increase in per capita consumption of customers. 2023 year-to-date high
NagaCorp (HKG:3918) Has A Pretty Healthy Balance Sheet
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of permanent loss is the risk I worry about... and every practical investor I know wor
Is It Time To Consider Buying NagaCorp Ltd. (HKG:3918)?
While NagaCorp Ltd. (HKG:3918) might not be the most widely known stock at the moment, it received a lot of attention from a substantial price movement on the SEHK over the last few months, incre
Is The Market Rewarding NagaCorp Ltd. (HKG:3918) With A Negative Sentiment As A Result Of Its Mixed Fundamentals?
NagaCorp (HKG:3918) has had a rough three months with its share price down 18%. It is possible that the markets have ignored the company's differing financials and decided to lean-in to the negative
NAGACORP: 2023 INTERIM REPORT
NagaCorp (HKG:3918) Investors Are Sitting on a Loss of 43% If They Invested Three Years Ago
In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market index fund. But in any portfolio, there are likely to be some stocks that fall sho
Daimo: Target price of HK$5.5 to increase the rating for Gold Industry Holdings
DAMO released a research report saying that due to the recent transaction of Gold World Holdings (03918), the stock's short-term valuation is more attractive. It is believed that its stock price will outperform the market in the next 60 days, with a chance rate of over 80%. The bank gave the Group an “increased” rating with a target price of HK$5.5.
Daimo: “For Gold Industry Holdings (03918)” to increase “rating target price of HK$5.5
The Zhitong Finance App learned that DAMO released a research report saying that due to the recent transaction of Gold World Holdings (03918), the stock's short-term valuation is more attractive. It is believed that its stock price will outperform the market in the next 60 days, with a chance rate of over 80%. The bank gave the Group an “increased” rating with a target price of HK$5.5.
These Analysts Just Made A Sizeable Downgrade To Their NagaCorp Ltd. (HKG:3918) EPS Forecasts
Today is shaping up negative for NagaCorp Ltd. (HKG:3918) shareholders, with the analysts delivering a substantial negative revision to this year's forecasts. Revenue and earnings per share (EPS) fo