热门标签

OWG seen to trend upwards on tourism recovery

时间:4周前   阅读:3   评论:3

新2手机管理端网址www.99cx.vip)实时更新发布最新最快最有效的新2手机管理端网址,包括新2手机网址,新2备用网址,皇冠最新网址,新2足球网址,新2网址大全。

HLIB Research, in its technical tracker note, said: “We see the return of tourism following Malaysia’s transition towards endemicity as a turning point for OWG.“This will help drive more footfall to its F&B outlets and family attractions.”

PETALING JAYA: The worst is likely over for Only World Group Holdings Bhd (OWG) following the recovery of the domestic tourism industry.

This is the view of Hong Leong Investment Bank (HLIB) Research, which added that the group’s businesses in food and beverage (F&B) outlets, water amusement parks and family attractions strategically located in popular resorts and shopping malls, such as Genting Highlands in Pahang, Komtar Tower in Penang and the Klang Valley, were heavily affected during the Covid-19 pandemic.

HLIB Research, in its technical tracker note, said: “We see the return of tourism following Malaysia’s transition towards endemicity as a turning point for OWG.

“This will help drive more footfall to its F&B outlets and family attractions.”

As of June 21, Malaysia surpassed its full-year target of two million incoming tourist arrivals.

And HLIB Research pointed out: “Genting Highlands, where most of OWG’s outlets are located and made up 40% of the group’s bottom line in 2019, has seen its footfall gaining traction.”

This is well supported by pent-up demand for travel, the depreciation of the ringgit and the launch of the Genting SkyWorlds theme park, added the research house.

,

小飞机 怎么 加 群www.tg888.vip)是一个Telegram群组分享平台,飞机群组内容包括telegram群组索引、Telegram群组导航、新加坡telegram群组、telegram中文群组、telegram群组(其他)、Telegram 美国 群组、telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容,为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。

,

“We flag that the group’s turnaround in its third quarter results for the financial year 2022 (FY22) had yet to reflect the strong return of foreign tourists as Malaysia only reopened its international borders on April 1,” said HLIB Research.

In view of the solid recovery momentum with stronger seasonally earnings in the second half of the year, HLIB Research expects greater business volume in the group’s F&B outlets and family attractions, which will result in better earnings going forward.

According to HLIB Research, Covid-19 led to the group’s declining business volume in its food services, as well as amusement and recreation operations, that fell 79% from RM123mil revenue in FY19 to RM25mil revenue in FY21.

OWG went into the red in FY20, the first loss-making financial year since it was listed in 2014.

HLIB Research said: “Technically, OWG is trading near its uptrend channel support of 45 sen to 49 sen, with indicators showing an uptick bias.

“In light of this, a decisive breakout above 50 sen will spur prices higher towards 56-62-74 sen territory,” said HLIB Research.


转载说明:本文转载自Sunbet。

上一篇:皇冠现金网:U Mobile is first telco to offer 1,000 GB data

下一篇:新2正网代理开户:Elon Musk's tweets about buying Manchester United no joke for fed-up fans

网友评论

  • 2022-08-26 02:24:39



    很可以啊

    • 2022-10-18 03:41:01

      @柚绿时光!

      足球博彩分析www.hg108.vip)是一个开放皇冠即时比分、代理最新登录线路、会员最新登录线路、皇冠代理APP下载、皇冠会员APP下载、皇冠线路APP下载、皇冠电脑版下载、皇冠手机版下载的皇冠新现金网平台。足球博彩分析上登录线路最新、新2皇冠网址更新最快,足球博彩分析开放皇冠会员注册、皇冠代理开户等业务。
      反正没让我失望