Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
00880 SJM HOLDINGS
RTNominal up5.270 +0.110 (+2.132%)
Others

24/02/2021 17:09

{I-bank focus}Goldman lifts SJM Holdings (00880) to HK$12.9

[ET Net News Agency, 24 February 2021] Goldman Sachs lifted its target price for SJM
Holdings (00880) to HK$12.9 from HK$12.1 and maintained its "buy" rating.
The research house said SJM's 4Q 2020 results came in broadly in line with market
expectations. Excluding HK$160mn one-off benefits (i.e., HK$106mn rental concession,
HK$40mn write-back of provision for staff paid leave), its EBITDA loss would have been
narrowed to -HK$483mn.
Goldman noted that SJM's rolling volume recovered more slowly. As a result, SJM's GGR
market share slipped to 11.5% versus 14% before the pandemic. Factoring in the latest cost
guidance for Grand Lisboa Palace, Goldman revised its FY2021-22 EBITDA forecasts by -21%
to 0%. (KL)

Remark: Real time quote last updated: 28/09/2021 17:59
  Real-time basic market prices of Hong Kong securities are provided by HKEx; a Designated Website authorized by the HKEx Group to provide the Service
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2021 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.