UETMF - Universal Entertainment Corporation
Chart Events
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 22.18 |
| Open | 22.18 |
| Bid | N/A x N/A |
| Ask | N/A x N/A |
| Day's Range | 22.18 - 22.18 |
| 52 Week Range | 9.85 - 22.18 |
| Volume | |
| Avg. Volume | 0 |
| Market Cap | 2.08B |
| Beta (5Y Monthly) | 1.27 |
| PE Ratio (TTM) | 123.22 |
| EPS (TTM) | 0.18 |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | Dec 26, 2018 |
| 1y Target Est | N/A |
Fair Value
Related Research
ReutersPhilippine casino's Nasdaq listing still possible this year-CEO
The Philippines' largest casino could still complete a $2.5 billion merger and listing in the United States late this year, with audits and talks progressing after a management dispute, the CEO of a blank-check company pursuing the listing said. The Nasdaq debut of the Okada Manila integrated casino-resort through 26 Capital Acquisition Corp was agreed in October last year, but has faced several delays because of a feud between shareholders. "Our company is planning to move full-steam ahead with Universal Entertainment Corp to list Okada Manila," Jason Ader, chairman and CEO of 26 Capital, told Reuters late on Tuesday.
ReutersJapan's Universal Entertainment takes over operations of Okada Manila casino
Japan's Universal Entertainment Corp said on Sunday its local representatives in the Philippines have taken over the operations of the Okada Manila gambling resort, the latest step in a long-running ownership dispute. Universal said in a statement accompanied by a copy of a Sept. 2 order from the local gaming regulator that the takeover of the $3.3 billion gambling resort, the largest in Southeast Asia, had been "generally peaceful". The regulator, Philippine Amusement and Gaming Corp. (Pagcor), said in its order that it was withdrawing its recognition of board members of Tiger Resort Leisure and Entertainment, the developer and operator of Okada Manila, previously installed by a group including Japanese tycoon Kazuo Okada.
- Reuters
UPDATE 1-Okada Manila casino, at centre of ownership dispute, gets more visitors
Okada Manila, the Philippine casino at the centre of a bitter dispute about its ownership, saw a pick up in visitors in June from the month before, management said. "With the economy and borders opening up, Okada Manila is expected to sustain the momentum," management said in the statement as it held its first news conference since it took physical control of the casino on May 31. Filipino associates of Japanese tycoon Kazuo Okada seized the $3.3 billion casino, which is owned by Tiger Resort, Leisure & Entertainment, ousting its previous management with the help of private security guards and local police.
- Reuters
Okada Manila casino, at centre of ownership dispute, reports better June traffic
Okada Manila, the Philippine casino at the centre of a bitter drama-filled dispute about its ownership, saw improved business in June, its current management said. Foot traffic in June climbed 8% from a month earlier and was around 74% of its pre-pandemic level, it said in a statement, also saying that the casino planned to open more shops and add entertainment attractions. "With the economy and borders opening up, Okada Manila is expected to sustain the momentum," current management said in the statement as it held its first news conference since it took physical control of the casino on May 31.
- Reuters
UPDATE 1-Nasdaq-listed 26 Capital to pursue $2.5 bln SPAC deal with Manila casino
The CEO of 26 Capital Acquisition Corp said on Wednesday the blank-check firm was committed to its $2.5 billion purchase of the Philippines' biggest integrated casino-resort, despite a wrangle for control involving current owners. The 44-hectare (108-acre) Okada Manila, owned by subsidiaries of Japan's Universal Entertainment Corp, agreed in October to go public in the United States through a merger with 26 Capital. But the deal has become mired in a long-running dispute between Universal and its deposed chairman and founder, Kazuo Okada.
ReutersNasdaq-listed 26 Capital to pursue $2.5 billion SPAC deal with Manila casino
The CEO of 26 Capital Acquisition Corp said on Wednesday the blank-check firm was committed to its $2.5 billion purchase of the Philippines' biggest integrated casino-resort, despite a wrangle for control involving current owners. The 44-hectare (108-acre) Okada Manila, owned by subsidiaries of Japan's Universal Entertainment Corp, agreed in October to go public in the United States through a merger with 26 Capital. But the deal has become mired in a long-running dispute between Universal and its deposed chairman and founder, Kazuo Okada.
- Reuters
Nasdaq-listed 26 Capital to pursue $2.5 bln SPAC deal with Manila casino
Nasdaq-listed 26 Capital Acquisition Corp's CEO said on Wednesday the blank check firm was committed to its $2.5 billion purchase of the Philippines' biggest integrated casino-resort, despite a wrangle for control at the casino's current owners. The 44-hectare (108-acre) Okada Manila, owned by subsidiaries of Japan's Universal Entertainment Corp, agreed in October to go public in the United States through a merger with 26 Capital. But the deal has become mired in a long-running dispute between Universal and its deposed chairman and founder, Kazuo Okada.