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

04/03/2021 17:52

{I-bank focus}UBS lifts SJM Holdings (00880) to HK$11.8

[ET Net News Agency, 4 March 2021] UBS Global Research lifted its target price for SJM
Holdings (00880) to HK$11.8 from HK$10.4 and maintained its "neutral" rating.
The research house expects Macau's GGR to reach 58% of the 2019 level in 2021 and be on
a par with the 2019 level in 2022. It also expects mass to outperform the VIP segment in
the potential recovery.
UBS expects a partial opening of Grand Lisboa Palace (GLP) in 2Q 2021, as the company is
likely to manage the scale of the opening relative to the pace of visitor recovery and
opex. COVID-19-related border controls and social distancing measures could remain in
place for a few months, which will likely weigh on Macau's potential recovery and lead to
a slow ramp-up of EBITDA for GLP in 2021.
However, UBS believes, longer-term, GLP could drive significant EBITDA growth (doubling
from 2019 to 2024) for SJM. (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.