NagaCorp Fires CEO of Finance and Treasury Division
NagaCorp (HKG:3918) said Chen Cherchi will no longer serve as chief executive of the finance and treasury division effective immediately, according to a Thursday filing with the Hong Kong Exchange. In
Jinjie Holdings (03918.HK): Chen Cherchi Resigns as Chief Financial Officer and Treasury Chief Executive
Gelonghui May 16 | Jinjie Holdings (03918.HK) announced that from May 16, 2024, Chen Cherchi will no longer serve as the company's chief financial officer and treasury chief executive. Additionally, Cherchi will no longer hold any position with the company or its affiliates. As a result, after terminating her employment, Cherchi will also no longer serve as a director of Naga Group Global Limited and Naga Cap Limited (all companies incorporated in the Cayman Islands and are wholly-owned subsidiaries of the company).
NagaCorp (HKG:3918) Earnings and Shareholder Returns Have Been Trending Downwards for the Last Five Years, but the Stock Increases 4.6% This Past Week
NagaCorp Ltd. (HKG:3918) shareholders will doubtless be very grateful to see the share price up 69% in the last quarter. But over the last half decade, the stock has not performed well. You would
金界控股:2023年報
Is Now An Opportune Moment To Examine NagaCorp Ltd. (HKG:3918)?
NagaCorp Ltd. (HKG:3918), is not the largest company out there, but it led the SEHK gainers with a relatively large price hike in the past couple of weeks. The recent rally in share prices has n
Changes in Hong Kong stocks | Jinjie Holdings (03918) rose more than 6% in the first quarter, gaming revenue increased by more than 20% year-on-year, and institutions are optimistic that their business recovery will accelerate this year
The Zhitong Finance App learned that Jinjie Holdings (03918) rose more than 6%. As of press release, it had risen 6.06% to HK$4.2, with a turnover of HK$15.8026 million. According to the news, Jinjie Holdings recently announced the Group Gaming Division's results for the three months ended March 31, 2024, with total gaming revenue of US$145 million, up 23.7% year on year. Among them, total gaming revenue of the midfield division was US$92.491 million, up 19.9% year on year; profit before interest, taxes, depreciation and amortization (EBITDA) was US$803.47 million, up 32.6% year on year. The announcement stated,
Changes in Hong Kong stocks | Jinjie Holdings (03918) rose more than 7%, and total gaming revenue in the first quarter increased by more than 20% year-on-year
Goldworld Holdings (03918) rose more than 7%. As of press release, it was up 7.2% to HK$3.72, with a turnover of HK$4.4036 million.
Golden World Holdings: Total gaming revenue of US$145 million in the first quarter of 2024 increased 23.7% year over year
Jinjie Holdings (03918) announced the Group Gaming Division's results for the three months ended March 31, 2024, with total gaming revenue of US$145 million, up 23.7% year on year. Among them, total gaming revenue of the midfield division was US$92.491 million, up 19.9% year on year; profit before interest, taxes, depreciation and amortization (EBITDA) was US$803.47 million, up 32.6% year on year.
NagaCorp Likely to Lose Market Share as Competitors Improve Offerings -- Market Talk
0942 GMT - NagaCorp's 1Q earnings beat expectations slightly, but longer-term trends including the demise of Macau-based junkets and rising regional competitiveness cast doubt on the Cambodian casino
Nagacorp's Gaming Revenue Up 24% in Q1
Nagacorp (HKG:3918) reported a gross gaming revenue of $145.4 million for the quarter ended March 31, up nearly 24% from $117.5 million in the previous year period, according to a Wednesday filing on
Jinjie Holdings (03918.HK)'s EBITDA of US$80.3 million in the first quarter increased 33% year-on-year
Gelonghui, April 3 | Golden World Holdings (03918.HK) announced that as of the first quarter of 2024, total gaming revenue was US$145 million, an increase of 23.7% over the previous year. According to the Group's preliminary unaudited consolidated management accounts, the EBITDA for the first quarter of 2024 was US$80.3 million, an increase of 33% over the first quarter of 2023.
Does NagaCorp (HKG:3918) Have A Healthy Balance Sheet?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the permanent loss of capital.' So it seems the smart money knows that debt - which is usu
NagaCorp Ltd.'s (HKG:3918) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
NagaCorp (HKG:3918) has had a great run on the share market with its stock up by a significant 35% over the last month. We wonder if and what role the company's financials play in that price change
Bearish: Analysts Just Cut Their NagaCorp Ltd. (HKG:3918) Revenue and EPS Estimates
The analysts covering NagaCorp Ltd. (HKG:3918) delivered a dose of negativity to shareholders today, by making a substantial revision to their statutory forecasts for this year. Both revenue and ear
Earnings Tell The Story For NagaCorp Ltd. (HKG:3918) As Its Stock Soars 35%
NagaCorp Ltd. (HKG:3918) shareholders are no doubt pleased to see that the share price has bounced 35% in the last month, although it is still struggling to make up recently lost ground. Not all sh
Morgan Stanley Maintains NagaCorp Stock Rating, Sees Share Decline
Citigroup: Maintaining the “sale and sale” rating of Goldworld Holdings and lowering the target price to HK$3
Citi released a research report saying that maintaining the “sale and sale” rating of Golden World Holdings (03918), the EBITDA for the fourth quarter of last year exceeded expectations, mainly due to the fact that the total gaming revenue of the midmarket in the quarter beat expectations. It is estimated that its Cambodian Naga 3 may not open until 2029 as soon as possible, which is delayed from the original estimate in 2007, and the target price was lowered from HK$3.5 to HK$3. The bank believes that the Group will be a contributor to market share in the next few years. According to Gold Management, the company is studying to reduce the size and budget of the Naga 3 project, but has not provided revised capital expenditure guidelines. Asked when to recover
Citibank: Maintaining the “Sale and Sale” Rating of Goldworld Holdings (03918) and lowering the target price to HK$3
Citi estimates that the Cambodian Naga 3 owned by Jinjie Holdings (03918) may not open until 2029 at the earliest.
Damo: Downgraded the rating of Jinjie Holdings to “keep pace with the market”, and the target price was reduced to HK$3.25
Morgan Stanley released a research report stating that the rating of Goldworld Holdings (03918) will be downgraded from “increased holdings” to “in line with the market”, the target price will be lowered from HK$5.5 to HK$3.25, and the 2024 EBITDA forecast will be lowered by 37%. According to the report, the company's performance in the fourth quarter of last year fell short of expectations, and it is estimated that its stock price will outperform the market by more than 80% within the next 60 days. Damo also pointed out that the growth prospects of the gold industry are still uncertain. The pace of profit recovery in the first quarter of this year is expected to be slow. Coupled with the intensification of regional competition, management must speed up the formulation of more specific growth plans, or there are clear signs of improvement in the number of visitors before
Damo: Downgrade the rating of Goldworld Holdings (03918) to “keep pace with the market” and reduce the target price to HK$3.25
Damo lowered the 2024 EBITDA forecast for Goldworld Holdings (03918) by 37%.
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