Morgan Stanley published a research report stating thateasypokergames, due to GEG's slightly higher midfield market share in fiscal year 2024, it raised its EBITDA forecast by 2%. To reflect GEG's average interest rate for the second half of fiscal year 2023, the bank also raised the company's net interest income for fiscal year 2024 and raised its earnings per share forecast by 5% to 2.easypokergames.14 Hong Kong dollars. Based on the high assumptions about GEG costs, Morgan Stanley raised the company's EBITDA forecast for fiscal years 2025 and 2026 by 0.5% and 1% respectively. At the same time, the earnings per share forecast for fiscal years 2025 and 2026 will be raised by 3% and 1% respectively to HK$2.68 and HK$2.88. The bank's EBITDA forecast for GEG for the fiscal year 2024 - 2026 is 6%, 4% and 7% lower than the market consensus, respectively. In addition, Morgan Stanley said that after the opening of the third phase of GEG's project, the market was disappointed by the growth of the company's mass market share. In addition, there are signs that GEG's market share may be changing, and it is pointed out that the opening of its Capella Hotel in the middle of next year will help the company increase its market share. The bank raised its target price for GEG from HK$38 to HK$39.5, giving it a rating of "keeping pace with the market".
