G Sachs Cuts DAMAI ENT TP to HKD0.92, Expects Steady Growth in Core Business

AASTOCKS News
2026.05.05 02:28
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G Sachs has lowered the target price for DAMAI ENTfrom HKD1.07 to HKD0.92, while maintaining a Buy rating. The firm anticipates steady growth of 25% in the company's core business, including IP and ticketing revenue, during fiscal years 2026 to 2027. Despite narrowing losses in the film sector, profit forecasts have been adjusted down by 3% to 4% due to increased investments. The company is expected to announce its results in late May, with a focus on its ticketing business and IP commercialization potential.