not vested
1Q15 operational review
NagaCorp’s 1Q gaming revenue showed sequential growth, led by stronger mass gaming revenues plus stronger VIP win rates.
While the financial operational release does not include any profit or margin update, our Hold rating on Naga is unchanged due to our concerns about a margin decline.
We maintain our target price of HK$5.98, based on 9x FY15 EV/EBITDA, and our valuation for Naga 2 of HK$2.09
https://brokingrfs.cimb.com/t-dy1Up9MQg ... dbhKc1.pdf
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NagaCorp 3918 / Chen Lip Keong
Re: NagaCorp 3918
by winston » Thu Apr 02, 2015 9:16 am
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
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Re: NagaCorp 3918
by winston » Mon Jun 01, 2015 9:49 am
not vested
<Positive Profit Alert>NAGACORP (03918.HK) Expects 1H Net Profit to Surge
NAGACORP (03918.HK) issued a positive profit alert and expected that the group will record a significant increase in net profit attributable to shareholders for the half year ended 30 June 2015, as compared to the first half of 2014.
To the best of knowledge and expectation of the management, it is expected that the group will record a net profit of not less than US$100 million and potentially more; this figure would be expected to represent an increase of not less than 40% or potentially more over the same period last year.
The increase is primarily attributable to the US$40 million receipt by the group from certain investors with whom the group will, together, be operating an electronic gaming machines business within NagaWorld.
Source: AAStocks Financial News
<Positive Profit Alert>NAGACORP (03918.HK) Expects 1H Net Profit to Surge
NAGACORP (03918.HK) issued a positive profit alert and expected that the group will record a significant increase in net profit attributable to shareholders for the half year ended 30 June 2015, as compared to the first half of 2014.
To the best of knowledge and expectation of the management, it is expected that the group will record a net profit of not less than US$100 million and potentially more; this figure would be expected to represent an increase of not less than 40% or potentially more over the same period last year.
The increase is primarily attributable to the US$40 million receipt by the group from certain investors with whom the group will, together, be operating an electronic gaming machines business within NagaWorld.
Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
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Re: NagaCorp 3918
by winston » Thu Aug 13, 2015 8:54 am
not vested
NAGACORP (03918.HK) 1H Net Profit US$101M; Div. US2.67 Cents
NAGACORP (03918.HK) 0.000 (0.000%) Short selling $2.01M; Ratio 7.747% announced results for the first half of the financial year ended 30 June 2015.
Revenue climbed 39% yearly to US$265 million.
Gross profit amounted to US$183 million, up 38%.
Net profit surged 49% to US$101 million.
EPS was US4.45 cents.
An interim dividend of US2.67 cents (or HK20.69 cents) was declared, representing a dividend payout ratio of 60%.
Source: AAStocks Financial News
NAGACORP (03918.HK) 1H Net Profit US$101M; Div. US2.67 Cents
NAGACORP (03918.HK) 0.000 (0.000%) Short selling $2.01M; Ratio 7.747% announced results for the first half of the financial year ended 30 June 2015.
Revenue climbed 39% yearly to US$265 million.
Gross profit amounted to US$183 million, up 38%.
Net profit surged 49% to US$101 million.
EPS was US4.45 cents.
An interim dividend of US2.67 cents (or HK20.69 cents) was declared, representing a dividend payout ratio of 60%.
Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
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Re: NagaCorp 3918
by winston » Tue Feb 02, 2016 10:32 am
not vested
<Result Ann>NAGACORP (03918.HK) FY Net Profit US$173M; Final Div. HK14.65 Cents
NAGACORP (03918.HK) announced its full-year results for the period ended 31 December 2015.
The revenue amounted to US$504 million, up 25% yearly.
Gross profit equaled US$328 million, up 20%.
It recorded a net profit of US$173 million, surging by 27%, with EPS of US7.6 cents.
The final dividend of HK14.65 cents was declared.
For the whole 2015, the total dividend of US4.56 cents (equivalent to HK35.34 cents) was declared. The dividend payout ratio was 60%.
During the year, the gross gaming revenue amounted to US$481 million, up 26%. EBITDA surged by 30% to US$228 million.
Source: AAStocks Financial News
<Result Ann>NAGACORP (03918.HK) FY Net Profit US$173M; Final Div. HK14.65 Cents
NAGACORP (03918.HK) announced its full-year results for the period ended 31 December 2015.
The revenue amounted to US$504 million, up 25% yearly.
Gross profit equaled US$328 million, up 20%.
It recorded a net profit of US$173 million, surging by 27%, with EPS of US7.6 cents.
The final dividend of HK14.65 cents was declared.
For the whole 2015, the total dividend of US4.56 cents (equivalent to HK35.34 cents) was declared. The dividend payout ratio was 60%.
During the year, the gross gaming revenue amounted to US$481 million, up 26%. EBITDA surged by 30% to US$228 million.
Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
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Re: NagaCorp 3918
by winston » Tue Feb 02, 2016 10:37 am
not vested
<Research Report>Citi Maintains NAGACORP(03918.HK) at Buy with Target Cut to $6.5
Aug 14, 2015
Citigroup, in its report, stated that NAGACORP(03918.HK) interim results were better than estimates, yet the EBTIDA was worse-than-expected due to higher operating costs.
The group's payout ratio was 70% or above over the past five years but it reduced to 60% this year.
The management explained that the group needs more capital to expand the business outside Cambodia.
Despite the payout ratio reduction, NAGACORP's dividend yield remains at 6%.
The target price was revised down to $6.5 from that of $7.1 and the rating was maintained at Buy.
Source: AAStocks Financial News
<Research Report>Citi Maintains NAGACORP(03918.HK) at Buy with Target Cut to $6.5
Aug 14, 2015
Citigroup, in its report, stated that NAGACORP(03918.HK) interim results were better than estimates, yet the EBTIDA was worse-than-expected due to higher operating costs.
The group's payout ratio was 70% or above over the past five years but it reduced to 60% this year.
The management explained that the group needs more capital to expand the business outside Cambodia.
Despite the payout ratio reduction, NAGACORP's dividend yield remains at 6%.
The target price was revised down to $6.5 from that of $7.1 and the rating was maintained at Buy.
Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
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Re: NagaCorp 3918
by winston » Tue Feb 02, 2016 11:13 am
not vested
NAGACORP Dives 8.5%, Sinking below 10-Day MA
NAGACORP (03918.HK) earned 27% more to US$173 million.
Yet, the profit in the first half of 2015 was US$101 million.
In other words, the earnings in the second half of year have receded.
EPS was US7.6 cents. The final dividend of HK14.65 cents was declared, down 10% yearly.
The stock sank below the 20-day and 10-day MA ($4.48) today and hit the trough at $4.37.
It last stood at $4.39, down 8.5%, on increasing volume of 5.35 million shares.
Source: AAStocks Financial News
NAGACORP Dives 8.5%, Sinking below 10-Day MA
NAGACORP (03918.HK) earned 27% more to US$173 million.
Yet, the profit in the first half of 2015 was US$101 million.
In other words, the earnings in the second half of year have receded.
EPS was US7.6 cents. The final dividend of HK14.65 cents was declared, down 10% yearly.
The stock sank below the 20-day and 10-day MA ($4.48) today and hit the trough at $4.37.
It last stood at $4.39, down 8.5%, on increasing volume of 5.35 million shares.
Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
- Posts: 119533
- Joined: Wed May 07, 2008 9:28 am
Re: NagaCorp 3918
by winston » Tue Feb 02, 2016 11:56 am
<Research Report>C Suisse Downgrades NAGACORP(03918.HK) to Neutral with Target Cut to $6.7
Aug 10, 2015
Credit Suisse expected that excluding its one-off revenue of US$40 million, NAGACORP(03918.HK)'s recurring income in the first half of 2015 will add 9% yearly to US$74 million.
With flights from Phnom Penh to Changsha/Macau commencing and more Macau junkets signing on, the robust VIP momentum is likely to continue into the second half of 2015.
However, Credit Suisse saw the new gaming bill poses a greater regulatory overhang for NAGACORP.
The government targeted to collect more tax revenue under the bill and aimed at passing it by end-2015.
Considering the higher tax payment, the research house lowered its 2015-2017 earnings forecast by 5%.
The target price was trimmed from $7 to $6.7 and the rating was downgraded from Outperform to Neutral.
Source: AAStocks Financial News
Aug 10, 2015
Credit Suisse expected that excluding its one-off revenue of US$40 million, NAGACORP(03918.HK)'s recurring income in the first half of 2015 will add 9% yearly to US$74 million.
With flights from Phnom Penh to Changsha/Macau commencing and more Macau junkets signing on, the robust VIP momentum is likely to continue into the second half of 2015.
However, Credit Suisse saw the new gaming bill poses a greater regulatory overhang for NAGACORP.
The government targeted to collect more tax revenue under the bill and aimed at passing it by end-2015.
Considering the higher tax payment, the research house lowered its 2015-2017 earnings forecast by 5%.
The target price was trimmed from $7 to $6.7 and the rating was downgraded from Outperform to Neutral.
Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
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Re: NagaCorp 3918
by winston » Wed Feb 03, 2016 2:34 pm
vested
Solid results
FY15 earnings in line with our forecasts but higher than consensus.
Margin stability expected in FY16 due to cost control and fewer junket incentives.
FY16 will be about greater connectivity with customers (additional flights and retail).
EPS forecasts increased due to higher margin assumptions.
Maintain Hold with target multiple reduced to 7x vs. 10x due to sector de-rating.
https://brokingrfs.cimb.com/asDM-v51m6y ... zKKQg2.pdf
Solid results
FY15 earnings in line with our forecasts but higher than consensus.
Margin stability expected in FY16 due to cost control and fewer junket incentives.
FY16 will be about greater connectivity with customers (additional flights and retail).
EPS forecasts increased due to higher margin assumptions.
Maintain Hold with target multiple reduced to 7x vs. 10x due to sector de-rating.
https://brokingrfs.cimb.com/asDM-v51m6y ... zKKQg2.pdf
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
- Posts: 119533
- Joined: Wed May 07, 2008 9:28 am
Re: NagaCorp 3918
by winston » Tue Apr 05, 2016 2:52 pm
not vested
NAGACORP Jumps 10% to Breach above 250-Day MA; Jan-Mar Gaming Revenue Surges 35%
NAGACORP (03918.HK)'s gross gaming revenue for the first three months of the year amounted to about US$154 million, up 35% from a year earlier.
The stock breached above 250-day MA today ($5.26) to the peak of $5.4.
It last traded at $5.33, surging 10%, on volume to 4.96 million shares.
Source: AAStocks Financial News
NAGACORP Jumps 10% to Breach above 250-Day MA; Jan-Mar Gaming Revenue Surges 35%
NAGACORP (03918.HK)'s gross gaming revenue for the first three months of the year amounted to about US$154 million, up 35% from a year earlier.
The stock breached above 250-day MA today ($5.26) to the peak of $5.4.
It last traded at $5.33, surging 10%, on volume to 4.96 million shares.
Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
- Posts: 119533
- Joined: Wed May 07, 2008 9:28 am
Re: NagaCorp 3918
by winston » Tue Apr 05, 2016 2:53 pm
not vested
NAGACORP (03918.HK) Jan-Mar Gaming Revenue Up 35% to US$154M
NAGACORP (03918.HK) announced that the gross gaming revenue of the company for the first three months of the year amounted to about US$154 million, up 35% from a year earlier.
VIP rollings revenue was US$2.789 billion; Mass EGM bills-in revenue was US$381 million; mass public floor tables buy-ins was US$150 million, respectively increasing 65%, 32% and 15% yearly.
Source: AAStocks Financial News
NAGACORP (03918.HK) Jan-Mar Gaming Revenue Up 35% to US$154M
NAGACORP (03918.HK) announced that the gross gaming revenue of the company for the first three months of the year amounted to about US$154 million, up 35% from a year earlier.
VIP rollings revenue was US$2.789 billion; Mass EGM bills-in revenue was US$381 million; mass public floor tables buy-ins was US$150 million, respectively increasing 65%, 32% and 15% yearly.
Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
- Posts: 119533
- Joined: Wed May 07, 2008 9:28 am
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