International edition
June 21, 2021

Analysts also favor SJM Holdings stocks

Morgan Stanley revises growth estimates for Macau

(Macau).- Morgan Stanley has revised its 2011 gaming revenue growth estimates for Macau casinos from 30 % to 38 %, and 2012 growth from 10 % to 13 %.

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n an investors note, analysts Praveen K. Choudhary and Calvin Ho say that “in the first five months of 2011, gross gaming revenue in Macau recorded 43 % year-on-year growth. That, along with abundant liquidity and new supply (Galaxy Macau) should drive further upside to consensus earnings estimates.”

The two analysts continue to favor SJM Holdings stocks.

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