Tax Season is Here! Save 15% on H&R Block Online
iconAll times are GMT -4. The time now is 03:28 AM. | Search:

» StockRants Stock Forum » Public Stock Forums » US Stock Picks » Buy: Gambling on Macau



Reply
 
Thread Tools Search this Thread
Old 09-12-2011, 11:02 PM   Nav to Top  #1
Vinnystocktips
Trader
 
Vinnystocktips's Avatar
 
Join Date: May 2011
Location: Jacksonville
Posts: 73
Favorites: WLT, TLEO, MO
Rep Power: 116
Reputation: 110
Vinnystocktips will become famous soon enoughVinnystocktips will become famous soon enough
Money Gambling on Macau

There are many different ways to invest in China, with one of my favorite being gambling on Macau. Macau a few years ago opened the doors to public gambling in the area and some Las Vegas companies jumped at the opportunity. Las Vegas Sands was the first in the door, shortly after followed by Steve Wynn and MGM. In a very short period of time, Macau instantly became the Las Vegas of the Asian mainland.

Today Wynn got approval to open a second property in the region. I find this very bullish for Wynn as well as for some of its competitors. Steve Wynn said, “The Chinese government is acting very friendly and much more supportive of capitalism than our own government as of late.” He continued to say that he does not expect the property to open until 2012, but this will add to earnings very shortly. We love organic growth and we love it even more in a country growing at 8-10% a year. Because of this, I see some very good upside in this name in the next 12 months.

As bullish as this endorsement for Wynn (no current position) is, I feel Las Vegas Sands might even be cheaper. Las Vegas Sands has nearly double the market cap of Wynn’s however, it also has much more of its total revenue coming out of Macau. As the Chinese government starts to warm up to the idea of money producing casinos on its soil; Las Vegas Sands will grow with it.


Now do not let the name Las Vegas Sands confuse you, really the company ran by Sheldon Adelson is really gambling on Macau as its total sales and profits are much more levered to Macau. The company realized quicker than any other that the Asian markets were more profitable since their clients spent money in shorter period of times and were more profitable. MGM got into the mix late and has definitely profited from the move into China; however, I would much rather put money to work in LVS or WYNN if I am going to be gambling on Macau.

http://www.vinnystocktips.com/2011/0...ling-on-macau/

Cheers,

Vinny
Vinnystocktips is offline   Rate this post Yes | No Reply With Quote
Old 09-13-2011, 01:30 AM   Nav to Top  #2
Miles
Seeking Bottoms
 
Miles's Avatar
 
Join Date: Mar 2009
Location: Vancouver
Posts: 754
Favorites: LVS, FAS/FAZ, POT
Rep Power: 307
Reputation: 3520
Miles has a reputation beyond reputeMiles has a reputation beyond reputeMiles has a reputation beyond reputeMiles has a reputation beyond reputeMiles has a reputation beyond reputeMiles has a reputation beyond reputeMiles has a reputation beyond reputeMiles has a reputation beyond reputeMiles has a reputation beyond reputeMiles has a reputation beyond reputeMiles has a reputation beyond repute
Did I help?
Send a message via AIM to Miles Send a message via Skype™ to Miles
Default

LVS to $100 please and thank you
__________________
Please note that all information on securities I provide is merely my own opinion and any advice given is purely speculative and should not under any circumstances be considered investment advice. You alone are solely responsible for determining whether any investment, security or strategy, or any other product or service, is appropriate or suitable for you based on your investment objectives and personal and financial situation.
Miles is offline   1 thumbs up / 0 thumbs down. Rate this post Yes | No Reply With Quote
Old 09-13-2011, 08:30 AM   Nav to Top  #3
Vinnystocktips
Trader
 
Vinnystocktips's Avatar
 
Join Date: May 2011
Location: Jacksonville
Posts: 73
Favorites: WLT, TLEO, MO
Rep Power: 116
Reputation: 110
Vinnystocktips will become famous soon enoughVinnystocktips will become famous soon enough
Thread Starter
Default

LOL! Not sure if $100 will be seen soon, but I can see $70-75! :)
Vinnystocktips is offline   Rate this post Yes | No Reply With Quote
Reply

Tags
LVS, MGM, WYNN

Similar Threads
Thread Thread Starter Forum Replies Last Post
Macau Casinos Transporter Rumors & News 5 01-15-2010 02:00 AM
Las Vegas Sands Considers Selling Macau Casino Speedjunki Rumors & News 15 04-27-2009 09:38 PM


Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On