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Galaxy Entertainment Group Limited (0027.HK)

HKSE - HKSE Delayed Price. Currency in HKD
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66.700+0.200 (+0.30%)
At close: 4:08PM HKT
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Neutralpattern detected
Previous Close66.500
Open66.800
Bid66.600 x 0
Ask66.700 x 0
Day's Range66.050 - 67.300
52 Week Range49.200 - 80.300
Volume5,299,832
Avg. Volume13,236,861
Market Cap289.75B
Beta (5Y Monthly)1.34
PE Ratio (TTM)22.15
EPS (TTM)3.011
Earnings DateMay 11, 2021 - May 17, 2021
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateMar 25, 2020
1y Target Est63.49
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
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      Galaxy Entertainment Group ("GEG"), one of the world's leading integrated resorts, hospitality and entertainment groups, is pleased to announce the signing of a collaboration with Accor for Raffles, the legendary brand that has set the standard in luxury hospitality for more than 130 years. Galaxy Macau™, a world-class luxury integrated resort will welcome the iconic brand with the addition and opening of an exclusive all-suite tower, Raffles at Galaxy Macau in the second half of 2021.

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      RPT-As cash flees Macau junkets, gambling hub faces long odds of quick recovery

      Fears China is broadening a crackdown on offshore gambling has sparked a rush to withdraw billions of dollars from the world’s biggest gambling hub Macau, threatening a recovery in the coronavirus-stricken economy, executives say. An unprecedented stampede to withdraw money from junkets – companies which lure high rollers to gamble – started in July after Beijing identified the cross-border flow of funds for gambling as a national security risk. Worryingly, the customer withdrawals have spilled into the broader casino industry, leading to a cash crunch in Macau's VIP sector at a time the Chinese territory is struggling to recover from COVID-19 restrictions which has sent tourist numbers and gambling revenues plummeting.

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      As cash flees Macau junkets, gambling hub faces long odds of quick recovery

      Fears China is broadening a crackdown on offshore gambling has sparked a rush to withdraw billions of dollars from the world’s biggest gambling hub Macau, threatening a recovery in the coronavirus-stricken economy, executives say. An unprecedented stampede to withdraw money from junkets – companies which lure high rollers to gamble – started in July after Beijing identified the cross-border flow of funds for gambling as a national security risk. Worryingly, the customer withdrawals have spilled into the broader casino industry, leading to a cash crunch in Macau's VIP sector at a time the Chinese territory is struggling to recover from COVID-19 restrictions which has sent tourist numbers and gambling revenues plummeting.