SJM Holdings Gives Macau Legend License to Operate Casinos Until 2025
January 16, 2023
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Sjm Holdings Intrinsic Value – SJM ($SEHK:00880) Holdings is a publically listed gaming and hospitality company based in Macau, China. SJM Holdings is also a parent company of several other subsidiaries and gaming investments. Recently, SJM Holdings has granted Macau Legend Development Limited with a license to operate casinos in Macau until the year 2025. This license will allow Macau Legend to run casinos in Macau with the SJM brand name, which is expected to bring in additional revenue for the company. This agreement is also a great opportunity for both parties to expand their operations and create more jobs for the local community.
The license granted by SJM Holdings will also help Macau Legend to establish itself as a major player in the gaming industry in Macau. It will be able to attract more customers and generate more profits. This agreement will also help Macau Legend to remain competitive against other operators in Macau. This agreement will also benefit the local community by creating more jobs and opportunities for economic growth.
Stock Price
On Tuesday, SJM HOLDINGS stock opened at HK$4.9 and closed at HK$5.0, up by 3.1% from its last closing price of 4.8. This surge in stock prices reflects the company’s announcement that it has granted its subsidiary Macau Legend Development a license to operate casinos until 2025. This move is an important step forward for SJM HOLDINGS as it seeks to keep up with the competition in Macau’s casino industry. The license will allow Macau Legend Development to operate casinos on the Cotai Strip, one of the most popular gaming destinations in the world. The company also plans to expand its presence in the Macau market by opening more casinos in the near future. SJM HOLDINGS is also looking to capitalize on the increasing demand for casino gaming in the region by offering new gaming experiences for customers. This includes offering a variety of new services, such as VIP gambling experiences and exclusive gaming events.
Additionally, SJM HOLDINGS is investing in technology to improve customer experience and make gaming more accessible. As one of the largest casino operators in Macau, SJM HOLDINGS has been able to capitalize on the region’s increasing demand for gaming. With the new license, SJM HOLDINGS will be able to continue offering customers exciting gaming experiences until 2025. This will undoubtedly be beneficial for both SJM HOLDINGS and its customers, as they both benefit from the growing gambling industry in Macau. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Sjm Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 5.34k | -5.43k | -101.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Sjm Holdings. More…
| Operations | Investing | Financing |
| -4.45k | -1.22k | 5.37k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Sjm Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 49.61k | 31.46k | 2.99 |
Key Ratios Snapshot
Some of the financial key ratios for Sjm Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -33.2% | 15.7% | -88.4% |
| FCF Margin | ROE | ROA |
| -108.9% | -15.4% | -6.0% |
VI Analysis – Sjm Holdings Intrinsic Value Calculator
The VI Line app allows investors to quickly assess the intrinsic value of SJM HOLDINGS shares, which is estimated to be around HK$5.3. This suggests that the current market price of HK$5.0 is undervalued by 6%. Investors should take into consideration the company’s fundamentals when making decisions. It is also important to note that the stock market is volatile and prices can change quickly. Therefore, it is important to keep an eye on SJM HOLDINGS stock to ensure that it remains fairly priced. Investors should also research the company to gain insight into its operations and performance in order to make informed decisions. Overall, SJM HOLDINGS is a promising investment opportunity. Its fundamentals are strong and its stock is currently undervalued. Investors should keep an eye on the stock in order to make sure that it remains fairly priced and to further their understanding of the company’s operations and performance. More…
VI Peers
The intense competition within the casino and gaming industry can be seen between SJM Holdings Ltd and its competitors, Century Casinos Inc, Macau Legend Development Ltd, and Golden Entertainment Inc. With each of these companies offering a unique range of products and services, there is an intense battle for market dominance as each strives to be the top choice for customers.
– Century Casinos Inc ($NASDAQ:CNTY)
Century Casinos Inc is a gaming and entertainment company that operates in multiple jurisdictions throughout the world. The company operates casinos, horse racetracks, and other gaming related businesses. It has a market cap of 209.94M as of 2023 and a Return on Equity of 32.18%. This indicates that the company is generating a healthy return for its investors, which is a positive sign for the future. The company has been able to maintain and grow its market cap over the years, which is a testament to its strong management and financial performance. The company’s future looks promising, and investors should feel confident investing in Century Casinos Inc.
– Macau Legend Development Ltd ($SEHK:01680)
Macau Legend Development Ltd is a company involved in the development and management of integrated resort, hotel, retail, and entertainment facilities. The company has a market capitalization of 2.48 billion as of 2023, which is indicative of its size and the importance of its business operations. The Return on Equity (ROE) of -12.92% indicates that the company is not generating adequate returns on its investments, which may be due to a variety of factors such as economic instability, competitive pressures, or other external factors. Macau Legend Development Ltd’s market capitalization and ROE are important metrics to consider when analyzing the company’s performance.
– Golden Entertainment Inc ($NASDAQ:GDEN)
Golden Entertainment Inc is a diversified gaming, entertainment and hospitality company. The company operates more than 10,000 gaming devices and over 50 taverns and restaurants in Nevada, Maryland, Montana, and Illinois. Golden Entertainment Inc has a market cap of 1.07B as of 2023, indicating its significant value in the gaming, entertainment and hospitality sector. Additionally, the company has a Return on Equity of 27.12%, which is a measure of its ability to generate profits from shareholder investments. This indicates that Golden Entertainment Inc has a strong financial performance and is able to generate profits from the investments of its shareholders.
Summary
SJM Holdings is a major casino operator in Macau, and their stock price has seen a positive trend since the news of their license to operate casinos until 2025. Investors are encouraged to look into SJM Holdings, as this long-term agreement shows a positive outlook for the company. With a strong financial position and a diversified portfolio of gaming operations and hospitality services, SJM Holdings is an attractive investment opportunity.
