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李樂雯女士 (Phoenix Li)
經理

現任職輝立分行經理,對股票、期貨投資經驗豐富。 樂意為客戶提供投資分析及買賣策略。 歡迎各位來電交流心得。
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澳博控股(00880.HK)

Thursday, May 6, 2021 Views6401

澳博控股(00880.HK)

業務概要

澳博控股有限公司是一家總部位於香港的投資控股公司,主要從事遊戲運營業務。 該公司主要通過兩個部分經營。博彩營運分部從事娛樂場及相關設施的營運。 該細分市場包括非常重要的人(VIP)業務,大眾市場業務和老虎機業務等等。 它經營巴比倫賭場,卡薩皇家賭場,鑽石賭場和皇帝宮殿,等等。 酒店及餐飲營運分部從事酒店營運,以及提供餐飲及相關服務。 它的酒店包括新葡京酒店。

財務摘要

在2020年,澳門博彩市場受到COVID-19疫情的嚴重影響,導致2月澳門賭場關閉了15天,並繼續對來自內地,香港和其他國家的入境實行限制。澳門統計暨普查局的數據顯示,2020年澳門遊客將比2019年下降85%,至590萬人次。 來自內地的訪客減少83%,至480萬人。 自八月以來,廣東省居民的個人旅行代言已恢復,九月以來已完全恢復了對大陸居民的個人旅行代言。 2020年第四季度訪問澳大利亞的遊客人數有所增加。 2020年第四季度訪問澳大利亞的遊客人數比第三季度增長了150.3%,達到190萬人。

截至2020年12月31日的財政年度,SJM Holdings Limited的收入下降78%至HK $ 7.51B。淨虧損總額為HK $ 3.02B,而收入為HK $ 32.1B。收入反映博彩業務分部下降78%至HK $ 7.3B,酒店及餐飲業務分部下降71%至HK $ 262.7M,入住率-%新葡京酒店下降81%至17.9%,平均每日房價(ADR)索菲特酒店下降26%至845港元。

業務展望:

博彩監督協調局公佈的最新數據, 4月博彩業收入達到84.01億澳門元,同比增長10.14倍,並連續三個月錄得增長。此外,澳門公安警察局宣布,在"黃金周"的" 5月1日"的第一天,有超過44,000名全日遊客進入該國,這是自流行以來單日最高人數。2021年第一季度澳門酒店及公寓的平均客房出租率為44.9%,同比上升3.6個百分點,而賓客數量下降1.2%至14.54百萬,平均長度的住宿時間從0.1晚增加到1.7晚。

預計今年澳門的賭博收入。自從去年9月13日大陸逐步恢復來澳自由行旅遊簽注以來,賭博收入一直穩定並增長,其中大多數是中場客為主。澳門經濟財政局局長李維農說,澳門博彩業關係到本地區的未來發展和福祉。重新整理賭牌競投的準備工作正在有序進行。預計將在下半年進行磋商。

 建議: 買入價:9.6  目標價:12  止損:9.2

本人李樂雯為證監會持牌人士。截至本評論文章發表日止,本人及/或其有聯繫者並無持有全部提及之証券的所有相關財務權益

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