-

In the latest research report, BNP Paribas said though the share prices of Macau gaming stocks fell drastically so far this year, the fundamentals of the sector have not changed. It expects that the sector will see its lowest point in the first quarter of 2015. In the third quarter of 2015, the Cotai Phase 2 will be a catalyst for the revenue, and in the first quarter of 2016, the new property openings will spped up the earning growth. 

Stocks / Rating / Target Price 

MGM CHINA (02282.HK)  -0.650 (-2.714%)    Short selling $21.75M; Ratio 21.389%   / Buy / $27.9
GALAXY ENT (00027.HK / Buy / $61.9
SJM HOLDINGS (00880.HK)  -0.080 (-0.516%)    Short selling $54.37M; Ratio 41.457%   / Hold / $16.12
SANDS CHINA LTD (01928.HK)  -1.500 (-3.168%)    Short selling $235.61M; Ratio 25.317%   / Hold / $49.1
WYNN MACAU (01128.HK)  -0.850 (-3.025%)    Short selling $75.81M; Ratio 49.974%   / Hold / $28.95
MELCO INT'L DEV (00200.HK)  -0.720 (-3.640%)    Short selling $4.64M; Ratio 6.126%  / Underweight / $17.7

Comments

Post a Comment

Popular posts from this blog

-
CLSA lowers Beijing Ent Water (00371) to HK$6   CLSA cut its target price for Beijing Enterprises Water (BEW)(00371) by 8% to HK$6, and reiterated its "buy" rating.   The research house said BEW's share price has dropped 14% in the last two trading days. First, the 2017 earnings results are below expectations. Second, management is guiding for 20-25% net profit growth for 2018, versus 30% in the past few years. Management now has a cautious approach to water PPP (public-private partnership) projects, which is not  necessarily bad.   CLSA cut its 2018-19 earnings forecasts by 19%. At the current level, it believes many  of the negatives are already priced-in.
Read more
-
HSBC HOLDINGS Appoints Malaysia CEO as Asia-Pacific One-Belt-One-Road Biz Manager  HSBC HOLDINGS(00005.HK)    +1.150 (+1.574%)    Short selling $311.30M; Ratio 15.773%   announced that Malaysia CEO Mukhtar Hussain was appointed to the newly created position of head of Belt and Road initiative in Asia Pacific, effective from 1 July.
Read more
-
Image
WKK INTL (HOLD) (00532.HK)    +0.100 (+15.152%)      announced the results for its subsidiary, Taiwan Kong King, for the nine months ended September 2014. The unaudited combined after-tax net profit decreased 30.26% to $12.239 million, compared with the same period last year. Revenue amounted to $177 million.
Read more