Showing posts with label Star Cruises. Show all posts
Showing posts with label Star Cruises. Show all posts

Tuesday, May 5, 2009

觊觎海外赌场资产 名胜世界趁机壮大实力

(吉隆坡5日讯)马银投资银行在投资研究报告中说,名胜世界有限公司(RESORTS ,4715,主板贸易服务组)仍然是它选择的赌场业股之一,是因为回弹潜能强大。即使是在新加坡的两个综合休闲胜地开始营业之后,相信盈利仍然强劲增长。

此外,联号公司之间交易与须筹集现金的风险较低,合并收购的潜能日益提升。它以偏低的10年本益比8倍进行交易(不包括现金)。

名胜世界的<买入>评级保持不变,但是目标价由2.86令吉调高至3.10令吉,这较现有股价出现26.53%的潜在赚益。

马银投资银行将名胜世界的2009年以及2010年盈利预估分别调高6%及4%,因为较高的赌场收益将抵消游客减少的影响。采用11%加权平均资金成本,以现金流量贴现估值,得到修订净资产值3.10令吉。现有股价是名胜世界的现金结存以不合理的75%折扣来交易。

虽然经济疲软,但是游客增加(2008年第1季:470万名游客),马银投资银行预测名胜世界的2009年第1季业绩按年强劲增长。客房收费率有竞争力以及主办音乐/演奏会吸引游客的策略,在新加坡的两个新休闲胜地开始营业后,将有助于减轻游客可能减少的影响。由于较低的10%豪赌客赌博税,名胜世界将可捍卫它的豪赌客市场率。

随着收购10%的Walker Digital Gaming股权后,股东投资值损失45亿令吉;马银投资银行相信名胜世界将减少建议联号公司之间交易。

与此同时,名胜世界持股19.6%的丽星邮轮(Star Cruises)唯一重大投资承诺,是最终将5000万美元投资在它持股50%的联营企业Newport City NCL。该50%联营企业已再融资大约8亿美元在2009年以及2010年届期的债务,以及获取80%融资收购12亿美元的Norwegian Epic邮轮。

在接着的6至12个月内可能有更多赌场业相关收购计划。马银投资银行认为,名胜世界的45亿净现金结存,将在必要时用来收购著名的海外赌场业资产。由于美国经济疲软,以及随着在澳门的中国签证受限制后,美国以及澳门的赌场公司估值已剧跌。

Source

Tuesday, April 21, 2009

Star Cruises shares surge 65 percent

Star Cruises Ltd (麗星郵輪), Asia’s biggest cruise operator, surged by a record 65 percent in Hong Kong trading after China said it would allow cruise tours to Taiwan to stop in the city.

Star Cruises rose as much as HK$0.53 to HK$1.35, the most since being listed in Hong Kong in 2000, and traded at HK$1.18 as of 2:35pm.That boosted the stock’s gains for this year to 97 percent, compared with a 10 percent climb for the benchmark Hang Seng Index.

After his meeting with Chinese authorities, Hong Kong Chief Executive Donald Tsang (曾蔭權) said on Saturday in a press briefing at the Boao forum in Hainan that China would allow cruise tours from mainland ports to stop at Hong Kong en route to Taiwan.

Star Cruises said in November it plans to begin a service between Taiwan and China by the end of the first quarter of this year.

ON THE UP

The Singapore-traded shares of Star Cruises rose 26 percent, the most in two years.The cruise operator isn’t aware of the reasons for the increases in price and trading volume, it said in statements to the Hong Kong and Singapore stock exchanges yesterday.

Calls to the Hong Kong-based office of Star Cruises weren’t immediately returned.

RESTRICTIONS RELAXEDHong Kong will relax travel restrictions for Taiwanese visitors entering the city, the city’s government said in a statement on April 15.

Taiwanese residents with a valid travel permit for China will be allowed to stay in Hong Kong for seven days.Taiwan, Hong Kong, Guangdong and Fujian should form a regional economic alliance to improve their competitiveness, Taichung Mayor Jason Hu (胡志強) said last week after meeting in Hong Kong with Stephen Lam (林瑞麟), the city’s secretary for constitutional and mainland affairs.Taiwan plans to start talks with China on cross-strait economic cooperation at the end of this year, Mainland Affairs Council Deputy Chairman Chao Chien-min (趙建民) said last week.

Source

Monday, April 20, 2009

劉兆祥: 知悉麗星(0678.HK)可星港套戥能免炒錯市

信誠證券投資部經理劉兆祥表示,今天港股先跌後升,最終是向上升穿還是跌穿上升通道的支持線,要多看一段時間,但在現時仍然以不變應萬變的心態,即靜侯突破位出現才跟隨趨勢而行。值得留意,這種完美的通道,未突破前千萬不要逆勢而行,當然是否跟隨向上,便要看投資者的膽量。

倫敦(新聞 - 網站 - 圖片)匯控(0005.HK)(0005.HK - 新聞 - 公司資料)似乎要跌穿上升軌,如果上升軌失守,加上近日英鎊轉弱,便有可能跌回50元水平。至於市場經常出現不理性活動,正如今早筆者所言,中央挽救,個別股份可以受惠,但要小心當中一隻是麗星郵輪(新聞 - 網站 - 圖片)(0678.HK)(0678.HK - 新聞 - 公司資料),股價開市即炒高,最多更升至$1.35,但隨後大幅回落。

如果炒開這隻股份的投資者到清楚,這隻股票在香港及新加坡(新聞 - 網站 - 圖片)上市,因此投資者可以進行套戥活動,而且過去一段時間,都是新加坡股份高於香港超過$0.10,而今天新加坡股份並沒有上升,但香港竟然升至$1.30,較新加坡高出$0.40,自然有大量套戥者加入沽貨行列,使股價回落。

到中段時,新加坡股份才接力向上,但以收市計,香港股份仍高於新加坡$0.10,如果明白這個關係,今天便不會炒錯市。 這個世界往往是一物治一物,例如被小股東痛罵的電盈(0008.HK)(0008.HK - 新聞 - 公司資料)主席李先生,卻千不該,萬不該,竟然找到這些律師代表上庭,看到這個律師的表現,真的大嘆難道香港沒有人才嗎?筆者作為電盈的股東,深信私有化的理據在電盈那邊(撤除是否有一致行動的情況),因此一定成功,竟然出現上訴情況,已經大跌眼鏡(因為這些律師提出的理據不能服人),而且隨時輸掉這場官司,就算能贏,仍然面對終審法院(新聞 - 網站 - 圖片),如果李先生能聘請清洪作為律師(一定不可能,因為他是英皇的御用律師),一定在第一堂已經控制大局,贏得極精彩,怎會到目前仍未分勝負呢?

其實今次事件,正好反映監管機構沒有監管中央結算,使中央結算在代客投票前,沒有盡代理的本份,只為客戶投票而沒有計算人頭數量,才是今次問題的所在。

Source

丽星邮轮(0678.HK)高涨42.7%;但股价涨势看来过度

香港时间1502(道琼斯)--丽星邮轮(0678.HK)高涨42.7%至1.17港元,成交额猛增至2,090万港元,而上周五成交量只有1,000股,原因是香港媒体报导,中国将推出进一步支持性措施帮助香港。措施包括,容许内地旅游团乘坐以香港为母港的邮轮,前往台湾旅游。不过股价涨势看来过度,盘中高位1.35港元不太可能再度企及,因为暂时还缺乏具体的实施细节;难以评估影响,《英文虎报》估计,新计划每年可为香港带来额外1亿港元的收入,丽星邮轮可获利多少目前可能难以估算,但股价似乎远远跑在了基本面的前面。交易屏幕上,沽售指令远超过买入指令,表明更多投资者把股价上涨看作是平仓机会而不是追高。

Source

Friday, April 10, 2009

拥45亿现金兼丽星邮轮转盈 2投资银行看好名胜世界

(吉隆坡7日讯)马银投资银行在投资研究报告说,名胜世界有限公司(RESORTS,4715,主板贸易服务组)持股19.6%的长期投资-丽星邮轮(Star Cruises)2008年下半年核心净利480万美元,较去年同期大幅改善,是由于每季净收益率较高以及分担较低的NCLC集团亏损。

丽星邮轮浮现希望,它在2008年净亏损7950万美元,较2007年的2亿零80万美元有显著改善。除去特别项目(主要是耗蚀亏损),2008年核心净亏损1亿2620万美元也是低过2007年核心净亏损1亿5080万美元。

丽星邮轮在2008年下半年转亏为盈录得核心净利480万美元,相对2008年上半年核心净亏损1亿3090万美元;是由于每季净收益率较高,分担较低的NCLC集团亏损以及可能拨回呆账拨备金。
应留意它分担NCLC集团亏损减至1710万美元,较去年同期减低80%,然而该集团的耗蚀亏损高达1亿2880万美元。

筹集现金的风险减低,该份报告说,虽然亏损已收窄,但是丽星邮轮的北美洲竞争者,皇家加勒比海(Royal Caribbean)以及嘉年华机构(Carnival Corporation)已预警说,虽然美国经济疲软,但是净收益率今年不会大幅下跌至低双位数。加上预测每季较疲软的2009年上半年,马银投资银行置疑丽星邮轮将继续收窄亏损。

然而,欣慰的是NCLC集团已获得借贷者同意,将2009年以及2010年届期的负债再融资,提示了没有立即发售附加股或是筹集现金的风险,这最终须由名胜世界承担。与去年同期比较,丽星邮轮集团的净负债率已下跌6.5个百分点至21.7%。

随着将持股减至19.6%后已不须结合丽星邮轮的业绩,后者的业绩对名胜世界盈利没有影响,现金结存目前很安全。

马银投资银行保持名胜世界的<买入>评级,2009年底目标价2.86令吉是基于现金流量拆现合理估值3.18令吉折扣10%。

名胜世界可能须注入现金给丽星邮轮的忧虑已消除,因此提示有上升空间。截至2008年底,它有净现金结存45亿令吉,相等于每股77仙。

名胜世界没有宣布派发股息。

此外,名胜世界有限公司仍然是联昌国际投资研究行首选的博彩业股,现时股价处在2.27令吉并保持<超越大市>评级不变,虽然调低目标价至2.95令吉,是经修订盈利后的标准经营程序(SOP)估值折扣20%。

联昌国际投资研究行在短笺中说:“股价推动力仍然是强劲的赌场营业,巨额现金结存超过40亿令吉,高股息以及潜在的本区域合并收购计划。”

“相对于云顶有限公司(GENTING,3182,主板贸易服务组),我们选择名胜世界是基于它纯粹参与仍然具回弹潜能的国内赌场业务。在估值方面,名胜世界的远期本益比低于9倍,较它的15年平均数低超过一半,以及是云顶的远期本益比折扣21%。

“至于价格对账面值比率,这只股也是以历年低点进行交易。它的企业继续经营价值/付息税前收益额也写下新低点。”

但是,由于经济情况恶化以及今年内可能撤销澳门的签证限制,联昌国际投资研究行谨慎估计名胜世界的豪赌客收益大幅下跌10%,而不是较早前估计下跌3%。

该投资研究行的修订预估,也假定大马观光客来源改变;因为在新加坡的2个综合休闲胜地明年开始营业后,来自新加坡以及新山的观光客可能减少。

“因此,名胜世界的2009至2011财政年盈利预估调低4至6%。现有盈利预估反映了赌场盈利减少2至1.5%,而不是较早前预估增长2至5%。但是2009至2011财政年每股派息预估保持不变。”

联昌国际投资研究行说,由于有巨额的45亿令吉现金结存,名胜世界可能主导该集团的合并收购计划。除去名胜世界的每股77仙现金接存后,远期本益比5至6倍,是与亚洲金融危机时期的估值一致。

“名胜世界的每股现金结存,占了现有股价超过三份之一。”

Source

Tuesday, April 7, 2009

股海明灯: 降低注资丽星邮轮疑虑 名胜世界扭转劣势

身为蓝筹股之一的名胜世界(Resorts,4715,主板贸易服务股)股价最近波动激烈,在2月份时面对强大卖压,股价在3月11日时猛挫至1.90令吉的最低价水平。

这主要是受到它在2月底公布亏损的业绩所入拖累,在截至2008年12月31日的第四季内,名胜世界受到在丽星邮轮投资价值折损的拖累,蒙受高达3亿8784万3000令吉的净亏损,前期的净利为3亿4409万4000令吉。

由于名胜世界之前将丽星邮轮的投资损失分类为储备,如今将之纳入其账目内,因此后者的高达7亿8150万令吉的投资折损造成了其庞大的净亏损表现。 所以,在3月份名胜世界的股价表现并不理想,处于低点横摆。

不过,进入4月之后,名胜世界开始扭转劣势。 这除了最近丽星邮轮(Star Cruises)在2008财年净亏损收窄,降低市场置疑名胜世界可能注入现金予前者的忧虑,令到名胜世界股价具有增长潜能的利好因素带动之外。

相信这一轮名胜世界股价反弹与名胜世界近期进场回购股票有关。其实,在3月份股价低迷时,已经进场回购本身公司股票,在这一个月期间回购了将近740万股的名胜世界股票。

以2.19令吉的股价计算,名胜世界目前是处于2008财政年本益比20.39倍的水平交易。

公司回购股票的考量 为何名胜世界会决定进行股票回购?

根据回购股票的最基本的理由,那便是名胜世界管理层认为,名胜世界的股票价格已经被低估。

对于公司管理层而言,回购股票也能够稳定公司的股价,以及支持公司的基本因素。

所以,名胜世界管理层在股价滑跌时大事进场回购股票,那是合理的现象。 此外,回购股票其他的好处包括所派发的股息不必分给那么多股票,所以公司可以派发更高的股息。 还是就是股票数额减少,每股净利也能相应的提升。

另一个强点是,如果股票被当作库存股的,公司也可以选择当作股息派发给现有股东,或者是在股价上涨时在公开市场中卖出。 股东视为积极行动 对于现有股东来说,股票回购受到他们欢迎的,因为这是一个积极的行动,会加强股东的价值。

很多股东也认为,公司一旦进行回购股票,股价将会获得扶持。所以,名胜世界股价最近走势恢复升势,或多或少也受到回购股票的激励。 当然,想要进行回购股票的活动,公司的先决条件便是必须拥有现金,因为条例规定股票回购必须通过公司的保留盈利以及/或股票溢价户口进行。

回购股票必须司通过本身的資金在公开市场进行回购本身的股票。 凡是进行股票回购,上市公司必须通过公开市场进行。不过,不可以超过其缴足資本的10%。 此外,条例也规定上市公司进行股票回购的价格,不能超过在进行回购前5个交易日平均加权股价的15%。

还有就是公司在进行股票回购之后,公司必须进行公布有关的回购详情。 所以,投資者可以从交易所的网站中,找到有关名胜世界回购股票的資料。 回购股票乃股本回退 在回购股票之后,上市公司可以选择将股票当作库存股,或是注销,所以回购股票也可以说是股本回退的一种方式。

不过,反映公司管理层除了回购股票之外,便无法投資在适当的业务,以为公司带来额外盈利。这也可能导致公司财务資源减少,并失去未来可能出现的投資机会。

总结 根据大马交易所的最新记录显示,在3月24日之后,名胜世界便不再回购股票,这意味着名胜世界是选择在股价处于2.00令吉以下的水平进行股票回购,这也显示2.00令吉将是名胜世界的强力支持,而投资者在目前市场购兴良好的时候考虑此股,风险应该是相当低的。

Source

Wednesday, April 1, 2009

丽星邮轮(HK)08年亏损减少至7,951万美元

[世华财讯]丽星邮轮宣布,截至08年12月31日全年亏损减少至7,951万美元,每股亏损0.0107美元,公司不派末期息。

丽星邮轮(00678)4月1日发布公告称,截至08年12月31日止全年业绩,取得股东应占亏损7,951万美元,每股亏损0.0107美元,公司不派末期息。该公司07年同期取得亏损2.01亿美元。

Source

Friday, January 30, 2009

Star Cruises closes UK representation office

Star Cruises has closed its UK representation office with the loss of three staff.

Michael Dupont, assistant vice president of sales for Europe, is among the three redunandancies.

He has led the Star Cruises sales and marketing function in Europe for more than 12 years, driving the brand into new international markets, including the first Star Cruises ship to be based outside Australasia in summer 2006 when the cruise line offered Malta-based Mediterranean cruises. Prior to this, Dupont worked for Royal Caribbean.

Star Cruises says it will continue to offer its Singapore-based ship the SuperStar Virgo for sale through travel agents in the UK and Ireland. Information on rates, product and sales support will be offered from the cruise line's Asia-based offices.

Star Cruises' parent company Malaysia-owned Genting Group owns half of Norwegian Cruise Line.

Agents selling Star Cruises should redirect any queries to reservations@starcruises.com or for product support contact Joyce Toh on cctoh@starcruises.com, or for sales and marketing, Braydon Holland on bholland@starcruises.com.

Source

Friday, January 16, 2009

GPI Wins Large RFID Orders From Two New Asian Casinos

New Macau and Philippine Casinos choose GPI's RFID technology for Casino Currency Control(R) security, tracking and verification at gaming tables

LAS VEGAS, Jan. 16 /PRNewswire-FirstCall/ -- Gaming Partners International Corporation (Nasdaq: GPIC) ("GPI"), a leading provider of casino currency and table game equipment worldwide, announced today that it has secured two substantial orders to supply casino chips and RFID technology to two casinos, one in Macau and the other in the Philippines, each due to open in the middle of 2009. The total amount of the two orders exceeds $8 million with RFID chips accounting for approximately 80% of the total.

City of Dreams in Macau, a Melco PBL Entertainment property, scheduled to open in the second quarter with 550 gaming tables when completed, has chosen GPI to provide high-frequency RFID Bourgogne & Grasset(R) plaques. GPI has also been providing Melco PBL properties Crown Macau and Crown Melbourne with RFID Casino Currency Control(R) solutions since 2007. This new order maintains GPI's dominance in the Macau casino currency control market.

Newport City in Manila, Philippines, a development of Star Cruises, a division of the Genting Bhd subsidiary Resorts World, in association with a local company Alliance Global Group, will include a casino with 450 tables scheduled to open by the middle of this year.

Newport City has chosen GPI to supply low-frequency RFID Bourgogne & Grasset, gaming chips, jetons, plaques and readers for Casino Currency Control solutions. Through its French subsidiary GPI SAS, GPI is a long-time supplier to the Philippines market. The company has been providing chips, jetons and plaques to all Philippine Amusement and Gaming Corporation casinos for more than 30 years. Recent orders include supplying Eastern Hawaii and Sun City casinos in the Cagayan Freeport zone with RFID chips and jetons.

GPI's RFID (radio frequency identification device) Casino Currency Control technology available in low or high frequency (Brands: Bourgogne & Grasset, Bud Jones, and Paulson(R)) allows casinos to verify the authenticity and value of each chip, plaque and jeton almost instantly, which reduces the possibility of counterfeits, staff pilferage or errors in casino currency counts.

This RFID technology enables casinos to track individual chips, plaques or jetons throughout the gaming floor and, with specialized readers and software, follow payments, fills and credits, table drops, tips, and win and losses per table at any time of the day. GPI's high-frequency RFID chips are compatible with special player tracking hardware and software that allow for accurate tracking of play data from tables so casinos can follow player bets and accurately rate and reward players.

"We are thrilled to have secured such substantial orders for these two exciting new Asian casinos," said Christophe Leparoux, International Director of Sales and Marketing for GPI's subsidiary in France. "The acceptance of GPI's RFID technology in Macau casinos is exceptional and the growth of RFID implementation in casinos in the Philippines and more broadly Asia has been on the increase."

Gerard P. Charlier, President and Chief Executive Officer of GPI commented, "The continued confidence in GPI and our RFID products by our leading customers all over the world and particularly in Asia is extremely encouraging as we strive to provide creative casino currency tracking solutions to meet the specific needs of our valued clients and their players. These orders also significantly strengthen our backlog for a positive start for 2009."

About Gaming Partners International Corporation

GPIC manufactures and supplies (under the brand names of Paulson(R), Bourgogne et Grasset(R) and Bud Jones(R)) casino chips including plaques and jetons and low frequency and high frequency RFID chips, low and high frequency RFID readers, table layouts, playing cards, dice, gaming furniture, roulette wheels, table accessories, and other products that are used with casino table games such as blackjack, poker, baccarat, craps, and roulette. GPIC is headquartered in Las Vegas, Nevada, with offices in Beaune, France; San Luis Rio Colorado, Mexico; Atlantic City, New Jersey; and Gulfport, Mississippi. GPIC sells its casino products directly to licensed casinos throughout the world. For additional information about GPIC, visit our web site at http://www.gpigaming.com.

Safe Harbor Statement

This release contains "forward-looking statements" based on current expectations but involving known and unknown risks and uncertainties, such as statements relating to anticipated future sales or the timing thereof, the long-term growth and prospects of our business or any jurisdiction, including Macau, unfavorable economic conditions which may reduce our product sales, and the long term potential of the RFID gaming chips market and the ability of Gaming Partners International to capitalize on any such growth opportunities. Actual results or achievements may be materially different from those expressed or implied. Gaming Partners International's plans and objectives are based on assumptions involving judgments with respect to future economic, competitive and market conditions, the timing and its ability to consummate, acquisitions, and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond its control. Therefore, there can be no assurance that any forward-looking statement will prove to be accurate.

Source

Tuesday, December 23, 2008

Star Cruises invests US$550,000 for the world’s first onboard stainless steel water slide on Superstar Virgo

Star Cruises, the third largest cruise operator in the world is proud to present the world’s first stainless steel water slide on a cruise ship on SuperStar Virgo.

Costing a whopping US$550,000, the superstructure will be installed on the luxurious liner during her dry dock in January 2009.

Mr. Michael Goh, Senior Vice President of Sales of Star Cruises said, “We are very excited about the new gigantic water slide which is to be installed on the SuperStar Virgo.

We believe in giving our cruisers the best cruise experiences; this latest feature is part of our continuous effort to upgrade our products and services to provide our cruisers with more endless fun times and values onboard.

As it is the first of its kind on a cruise ship, it will be something that all cruisers can look forward to. The 100-meter slide will be completed by the end of January 2009, and it promises lots of fun splashes on board our largest ship in the Asian fleet.”The gigantic slide is a product by Wiegan Maelzer, the supplier to water parks world-wide.

The 100-meter slide will go up to 10.54 meters above the deck and with an average inclination of 10%, it will offer sliders a maximum speed of 7 meters per second.

Together with a spectacular 5m long glass tube at 25m above the ocean surface, sliders will experience the thrill of flying above the ocean.

The 25 % inclination towards the end will further accelerate the slider up to a speed of 25km per hour before splashing into the water break.

Source

Monday, December 22, 2008

NCLA清盤,麗星(0678.HK)獲「挪威之天號」

麗星(0678.HK)宣布,NCLA已決定清盤,並已向該公司作出付款,並將阿羅哈資產(包括現名為「挪威之天號」的載客郵輪)分派予該公司。

Source

Friday, December 19, 2008

STX Europe says NCL halves cruise ship order

OSLO, Dec 18 (Reuters) - Star Cruises unit Norwegian Cruise Line (NCL) has cancelled its order for a second "F3" cruise ship from shipbuilding group STX Europe , but will move ahead with the first order, STX said on Thursday.

The remaining 150,000 ton F3 cruise ship, which will be built by STX Europe's French shipyard, will carry a total of 4,200 passenger. Delivery is expected in late May 2010, as originally scheduled, STX said.

"The planned second vessel, currently only in the preparatory stages, will not be built," STX Europe, a unit of STX Shipbuilding <067250.ks>, said in a statement.

"With this agreement, we can all focus on completing the new vessel successfully," Chief Executive of NCL, Kevin Sheehan, said in the statement.

"We, along with our subcontractors, will now make the necessary adjustments to our plans for this project," head of STX France Cruise, Jacques Hardelay, said.

STX Europe has 15 shipyards in Finland, France, Norway, Romania, Brazil and Vietnam, and is a part owner of three yards in Germany and Ukraine.

Wednesday, December 10, 2008

麗星(0678.HK)洽售附屬權益

麗星(0678.HK)洽售附屬權益
12月 9日 星期二 08:35 更新

麗星郵輪(新聞 - 網站 - 圖片)(0678.HK)(0678.HK - 新聞 - 公司資料)股價異常波動應聯交所要求公布,現正就可能出售旗下一間附屬若干權益展開磋商,惟至今尚未訂立任何協議。一旦落實,可能構成須予披露交易。該股上日(8日)高低分別見$0.69/$0.475,收報$0.57,升14%,成交84.1萬股。(de)

Source

Tuesday, November 18, 2008

《市場傳聞》麗星(0678.HK)擬終止大馬業務

《彭博》引述馬來西亞周報《EDGE》透露,麗星郵輪(0678.HK)將會終止馬來西亞的營運,並出售馬來西亞西部的巴生港船隊,將資源投放在菲律賓度假地點馬尼拉灣,而麗星管理層對消息不予回應。

Source

Monday, November 10, 2008

Manila Bay casino city to proceed

STATE-RUN gambling firm Philippine Amusement and Gaming Corp. said construction of its $10-billion Entertainment City on Manila Bay will start in the first quarter next year—and despite the financial crisis that has delayed a number of casino projects in Asia.

The complex would allow Pagcor to more than double its income to about $1.3 billion by 2012, a company official said.

“We see no problems hampering construction,” the official said.

“As far as we can see, our project is not affected by the financial crisis.”

Pagcor recently released the terms of reference for the 85-hectare Bagong Nayong Pilipino Entertainment City, in which each investor is required to put in at least $1 billion.

The complex will be built on reclaimed land, and it will include hotels, convention centers, theaters, sports stadiums, restaurants, shopping centers, cultural complexes, museums and amusement parks.

Pagcor said earlier it had secured commitments from investors such as the Genting Berhad Group and Star Cruises of Malaysia, Alliance Global Inc. of the Philippines, the Aruze Group of Japan, and Bloomburry Investments of Australia.

The company said no prospective investors were pulling out of the project despite the financial crunch.

“In fact, SM Investments Corp. is in the process of completing the requirements asked by Pagcor of investors in the project,” the official said.

“SM is also in talks with various foreign groups such as MGM Resorts for possible tie-ups.”
The official said unaudited figures showed that Pagcor’s income rose 11.6 percent to P14.85 billion in the first half of 2008 from P13.30 billion in the same period last year.

He said growth continued to the second half of the year, though figures were not yet available.
“October was a record-breaking month,” he said.

“We gained our second highest monthly income in the history of Pagcor that month.”

The official cited a study by the accounting firm Price Waterhouse Coopers saying Pagcor’s revenues would increase at the compound rate of 17.8 percent until 2012.

“Revenues will increase from $577 million in 2007 to a projected $1.3 billion in 2012,” the official said.

Still, a big casino operator being wooed by Pagcor is facing bankruptcy.

Las Vegas Sands Corp., which operates casinos in Las Vegas, Macau and Singapore, has hinted that it may default on its $8.8-billion debt.

Casino revenues in Las Vegas and Atlantic City have gone down this year as a result of the financial crisis, which has prevented Americans from spending on non-essentials.

Source

Thursday, August 14, 2008

丽星邮轮(HK)中期亏损减少至4,943.6万美元

[世华财讯]丽星邮轮公布,截至08年6月30日止中期亏损4,943.6万美元,每股亏损0.0067美元,公司不派中期息。

丽星邮轮(00678)8月13日发布公告称,截至08年6月30日止中期业绩,取得股东应占亏损4,943.6万美元,每股亏损0.0067美元,公司不派中期息。该公司07年同期取得亏损5,600.2万美元。

(孙国华 编辑) 更多财经资讯:www.caixun.com
免责声明:本文所载资料仅供参考,并不构成投资建议,世华财讯对该资料或使用该资料所导致的结果概不承担任何责任。若资料与原文有异,概以原文为准。

Source

Tuesday, August 12, 2008

丽星邮轮在菲律宾 合资发展酒店及赌场业务

丽星邮轮(Star Cruises)宣布与菲律宾上市公司Alliance Global Group(AGI)签署合作协议,将携手发展菲律宾酒店及赌场综合业务,包括Newport City项目及Bagong Nayong Pilipino娱乐城马尼拉项目。

为此,丽星邮轮将以3亿3500万美元(4亿7000万新元)收购AGI旗下Ttravellers公司的50%股权。Travellers及丽星邮轮将组成合资公司,以发展有关项目。

Travellers将持有合营公司60%股权,而丽星邮轮则持有40%股权。丽星邮轮可在适用法律准许的情况下,增持它于合资公司的股权至75%。

Source

Monday, July 14, 2008

Resort dev’t project at Manila Bay: AGI sets $ 1-B deal with Star Cruises

Alliance Global Group, Inc. (AGI) is expecteds to finally sign within the month a joint venture agreement with Star Cruises Limited for a $ 1-billion integrated leisure and resort development as part of the multi-billion dollar Bagong Nayong Pilipino Manila Bay Integrated City Project.

In an interview with reporters, Alliance Global chairman Andrew Tan said negotiations are being finalized and should be completed before the end of the month.

Tan said Alliance Global is expected to hold a 60 percent stake in the joint venture since Philippine laws require that corporations engaged in real estate development should be at least 60 percent Filipino-owned.

He disclosed that the joint venture is expected to build at least 1,500 hotel rooms in the resort project spread out over several phases of development.

Travellers International Hotel Group, Inc., a subsidiary of AGI, will be the vehicle for the team up with Star Cruises, an affiliate of the Malaysian conglomerate the Genting Group.

The joint venture will participate in Philippine Amusement & Gaming Corporation’s (PAGCOR) vision to build an integrated tourism zone on a 40-hectare property in the Manila Bay reclamation area called Bagong Nayong Pilipino Manila Bay Integrated City (BNP-IC).

PAGCOR aims to use the BNP-IC as a catalyst to sustain the growth of our tourism industry.

PAGCOR hopes that the massive development will attract at least $ 4 billion in investments from both foreign and local investors and expects to generate about 100,000 jobs once the entire development is fully completed.

PAGCOR has recently announced that Travellers has qualified to participate with the development of its integrated resort project.

"Our proposal comes at an opportune time when there is increasing awareness of the Philippines as a tourist destination, with the country achieving a milestone in 2007 with a record three million tourist arrivals for the first time in its history," said Tan.

He noted that, "with the continued surge in tourist arrivals, we expect existing stock of hotel rooms to fall short of demand."

Travellers is also planning to build an all-suites hotel to be called Maxim’s Hotel in cooperation with Star Cruises in Newport City with an investment of approximately P3.8 billion.

"With the opening of Ninoy Aquino International Airport Terminal 3, we are expecting a surge in tourist arrivals," Tan said adding that that The Maxim’s Hotel will be rushed to give these tourists a memorable and positive business experience in the country.

Maxim’s Hotel is a luxury hotel brand of Genting Group, a sister company of Star Cruises Ltd.(JAL)

Source

Sunday, June 29, 2008

进军美新澳赌场

询及云顶未来的拓展活动,梁铭隆不排除进军更成熟的赌场市场,如拉斯维加斯,近期更在美国待了一个星期,考量买地或收购赌场及上市赌场公司的可能性:“我正在寻找机会,不过现在还是言之过早。

“美国方面的价格变得越来越具吸引力,我相信在未来6至8个月内,会有更多更具吸引力的机会。”

澳门普华永道会计师事务所的博彩业研究主任大炜格林预测,亚洲值数十亿的赌场领域,每年拥有15%增长。

自从新加坡决定撤销赌场管制后,其他区域内的国家,如泰国及日本,也开始步其后尘。

据悉,日本与云顶已进行有关新加坡圣淘沙度假村的洽商活动,而前者可能有机会将同样的模型复制在日本当地。

针对与此,梁铭隆仅透露,云顶将会继续寻求任何区域内及全球的赌博业务。 “我们也可能放眼至澳门地区,尽管目前全球最大的赌场市场说过不会再颁发任何赌场执照,澳门仍旧是另一个潜在机会。”

38亿押注筹码 他补充,云顶有可能通过与执照拥有者建立伙伴关系、或以“收购执照拥有者”的方式,进军澳门市场,云顶已经做好准备,其在截至2007年杪时,共有12亿美元现金(约38亿4千万令吉),是其中押注的筹码。

当然,市场内的挑战也仍然存在。

一旦新加坡两家大型赌场投入运作,加上亚洲其他国家开放这个领域,云顶需要捍卫其云顶高原作为集团皇冠上珠宝的地位。

“预料今年将会斥资超过1亿2千500万美元(约4亿令吉)予度假村升级工作、专注在饮食分行、主题公园及高档酒店上。

云顶是大马唯一拥有执照的赌场,必须按季更换。

Source

Wednesday, June 25, 2008

【人事变动】丽星邮轮执董Veitch辞任,签不竞争协议代价7,800万元

财华社香港新闻中心。

丽星邮轮(00678-HK)宣布,执行董事Veitch已辞任公司职务,从而专注担任由公司与Apollo Management各自拥有50%权益的NCLC总裁兼行政总裁的职务。

另外,丽星与Veitch订立不竞争协议,据此,Veitch同意将不从事与本公司业务构成竞争的业务或受聘於该等业务,为期5年,代价为1,000万美元(约7,800万港元),代价将由公司内部资源支付。

Source

Veitch signs $10 million "no compete" agreement with Star Cruises

Star Cruises Ltd. announced today that Colin Veitch has resigned as an executive Director with effect from June 17, 2008, in order to concentrate on his role as president and chief executive officer of NCLC. It also announced that on June 19, it entered into a non-competition agreement with Mr. Veitch for a consideration of US$10 million (approximately HK$78 million).

NCL Corporation Ltd. is the parent of Norwegian Cruise Line and is owned 50% by Star Cruises and 50% by investment partnerships organized by Apollo Management, L.P. ely;

A stock exchange announcement from Star Cruises says that "Mr. Veitch has confirmed that he has no disagreement with the Board and there is no matter in relation to his resignation that needs to be brought to the attention of the shareholders of the company."

The announcement says: "The Directors believe that it is in the interest of the Group to enter into the Non-Competition Agreement with Mr. Veitch given that Mr. Veitch has significant expertise and experience in the cruise industry generally, and has developed specific insight and knowledge of various Asian markets as an executive Director of the Company, in addition to extensive experience in other international markets as president and chief executive officer of NCLC.

The Company is expected to benefit from the covenants of Mr. Veitch under the Non-Competition Agreement, which promote and encourage a continued alignment of his interests with those of the Company and its affiliates."

Source
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