Re: Wynn Macau 1128
Posted: Thu Nov 08, 2018 1:11 pm
not vested
<Research Report>M Stanley: Wynn Mgmt Guidance Sees Slowing 4Q Biz Growth; Valuation Not Inexpensive
Morgan Stanley believed WYNN MACAU (01128.HK)'s valuation was not inexpensive, as the stock is currently trading at 15x -17x EV/EBITDA.
According to the management's 4Q guidance, WYNN MACAU will potentially deliver about US$3.3-3.7 million daily adjusted property EBITDA, down 10-20% QoQ and against consensus of a 5% QoQ growth.
WYNN MACAU was rated Overweight, with price target of $22.5.
Source: AAStocks Financial News
<Research Report>M Stanley: Wynn Mgmt Guidance Sees Slowing 4Q Biz Growth; Valuation Not Inexpensive
Morgan Stanley believed WYNN MACAU (01128.HK)'s valuation was not inexpensive, as the stock is currently trading at 15x -17x EV/EBITDA.
According to the management's 4Q guidance, WYNN MACAU will potentially deliver about US$3.3-3.7 million daily adjusted property EBITDA, down 10-20% QoQ and against consensus of a 5% QoQ growth.
WYNN MACAU was rated Overweight, with price target of $22.5.
Source: AAStocks Financial News