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Guoco Group Ltd (0053.HK)

0053.HK on Hong Kong Stock

122.00HKD
8:52am IST
Change (% chg)

HK$-1.30 (-1.05%)
Prev Close
HK$123.30
Open
HK$122.20
Day's High
HK$122.20
Day's Low
HK$122.00
Volume
3,000
Avg. Vol
25,440
52-wk High
HK$133.30
52-wk Low
HK$96.00

Latest Key Developments (Source: Significant Developments)

Casino Operator Rank Group Profit Falls As Weak Traffic Bites
Thursday, 22 Aug 2019 

Aug 22 (Reuters) - Rank Group PLC ::PRELIMINARY RESULTS FOR THE 12 MONTHS ENDED 30 JUNE 2019.ALL BUSINESSES DELIVERING LFL REVENUE GROWTH IN H2.H2 OPERATING PROFIT OF £42.2M, UP 20%.AGREED TERMS TO SELL FIVE MECCA BINGO CLUBS TO A UK BINGO OPERATOR.ENCOURAGING START TO 2019/20.EXPECT THE ACQUISITION OF STRIDE TO COMPLETE EARLY IN Q2 2019/20.SAYS "OPTIMISTIC ABOUT 2019/20 OUTTURN".RECOMMENDS A FINAL DIVIDEND OF 5.5 PENCE PER SHARE.FY GROUP LIKE-FOR-LIKE REVENUE £729.5M VERSUS £731.3M.FY STATUTORY GROUP OPERATING PROFIT £39.0M VERSUS £50.1M.FY OPERATING PROFIT BEFORE EXCEPTIONAL ITEMS £72.5M VERSUS £77.0M.TRANSFORMATION PROGRAMME, LAUNCHED IN 2018, IS STARTING TO DRIVE PERFORMANCE IMPROVEMENTS IN BOTH UK, INTERNATIONAL VENUES BUSINESSES.FY DIGITAL LIKE-FOR-LIKE NET GAMING REVENUE £105.5M VERSUS £95.3M.RANK GROUP SAYS "THE GROUP IS AS PREPARED AS IT CAN BE FOR A NO DEAL BREXIT".RISKS OF NO DEAL BREXIT CENTRE ON COLLEAGUES IN UK VENUES WHO ARE EU NATIONALS AND WHO HAVE NOT APPLIED FOR, OR RECEIVED, SETTLED STATUS.RISKS OF NO DEAL BREXIT INCLUDE THE TIMELY SUPPLY OF FOOD AND BEVERAGE PRODUCTS TO CO'S UK VENUES.RISKS OF NO DEAL BREXIT INCLUDE CHALLENGES WHICH COULD ARISE FOR COMMUTERS AT SPAIN/GIBRALTAR BORDER.RISKS INCLUDE GENERAL ECONOMIC SHOCK OF A NO DEAL BREXIT AND ITS IMPACT ON CONSUMER CONFIDENCE AND EXPENDITURE.MITIGATIONS HAVE BEEN PREPARED FOR EACH OF THE BREXIT RISKS TO REDUCE POTENTIAL IMPACT.  Full Article

Guoco Group Posts HY Profit Attributable HK$102 MLN
Tuesday, 26 Feb 2019 

Feb 26 (Reuters) - Guoco Group Ltd <0053.HK>::HY PROFIT ATTRIBUTABLE HK$102 MILLION VERSUS HK$3,697 MILLION.HY TURNOVER HK$9,013 MILLION VERSUS HK$24,317 MILLION.HY INTERIM DIVIDEND HK$1.00 PER SHARE.  Full Article

Guoco Group Says Proposed Privatisation Of Co By Guoline Overseas Was Not Approved
Thursday, 1 Nov 2018 

Nov 1 (Reuters) - Guoco Group Ltd <0053.HK>::UPDATES ON PROPOSED PRIVATISATION OF GUOCO GROUP LIMITED BY GUOLINE OVERSEAS LIMITED.AT REQUEST OF GUOCO, TRADING IN SHARES ON STOCK EXCHANGE WAS HALTED FROM 11:37 A.M. ON THURSDAY, 1 NOVEMBER 2018.PROPOSED PRIVATISATION OF GUOCO GROUP LIMITED BY GUOLINE OVERSEAS WAS NOT APPROVED AT THE COURT MEETING.APPLICATION MADE BY GUOCO FOR RESUMPTION OF TRADING IN SHARES WITH EFFECT FROM 9:00 A.M. ON FRIDAY, 2 NOVEMBER 2018.PROPOSAL HAS LAPSED AND WILL NOT BE IMPLEMENTED.LISTING OF SHARES OF GUOCO GROUP LIMITED ON STOCK EXCHANGE WILL NOT BE WITHDRAWN.  Full Article

Guoco Group Posts FY Profit Attributable HK$4,899 Mln, Down 20 Pct
Monday, 3 Sep 2018 

Sept 3 (Reuters) - Guoco Group Ltd <0053.HK>::FY PROFIT ATTRIBUTABLE HK$ 4,899 MILLION VERSUS HK$ 6,124 MILLION.FY TURNOVER HK$35.59 BILLION, UP 53 PERCENT.  Full Article

Guoco Group Requested To Put Forward Privatisation Proposal
Monday, 2 Jul 2018 

July 2 (Reuters) - Guoco Group Ltd <0053.HK>::UNIT OF HONG LEONG FINANCIAL GROUP REQUESTED THAT GUOCO BOARD PUT FORWARD A PROPOSAL WHICH WILL INVOLVE PRIVATISATION OF GUOCO.AGGREGATE TOTAL PRICE PAYABLE IN CASH FOR ALL SCHEME SHARES UNDER PROPOSAL IS ABOUT HK$12.49 BILLION.SCHEME SHAREHOLDERS ELECTING TO RECEIVE CASH ALTERNATIVE WILL BE ENTITLED TO RECEIVE A TOTAL PRICE OF HK$135 PER SCHEME SHARE.  Full Article