Las Vegas Sands Corp. (LVS) traded sharply lower this week on news that the Chinese government is likely to restrict travel to Macao. The conflict between free market economics and traditional Chinese communism is becoming apparent as China restrictions are now challenging businesses after significant investments have been made. Within the past few months the [...]
After listening to the most recent LVS and WYNN conference calls, it is apparent that WYNN is doing a better job in this space. LVS has a lot of LT debt, negative earnings the previous quarter (not expecting this quarter to be any better), and Vegas has been looking bad from the economy. Macau seems to be doing well, but the Chinese gov't has thrown some curve-balls, limiting the casino companies from expansion and limiting the amount of floor space to be used for gambling.
6/30 - "A promotional email sent out over the weekend points to a later-than-expected opening at Four Seasons Cotai and our own survey work shows Venetian LV (Las Vegas) discounting heavily in the June-July timeframe. Based on those factors, we are reducing our back half estimates and taking our price target down from $72 to $60. We maintain a Market Weight rating on the stock."
"We received an email from Four Seasons indicating that it will take reservations starting on 10/1 versus the summer 2008 opening] discussed by management as recently as a 6/2 conference presentation. LVS may be pl...
The Analysis below is summarized from Notable Calls's Article on Seeking Alpha on June 12, 2008:
Deutsche Bank is out with a wonderful (and Actionable) call on Casino stocks noting the sector has been hit hard as of late, with large cap names such as Las Vegas Sands ( LVS ), MGM Mirage ( MGM ), and Wynn Resorts ( WYNN ) down 25% on average since oil prices spiked ~3.5 months ago. A confluence of factors has worked in concert to drive casino stocks lower primarily stemming from an inflection in oil prices (underscoring concerns about the cost of transport to casin
Las Vegas Sands Corp. and its subsidiaries develop multi use integrated resorts worldwide. It owns the Venetian resort-hotel-casino and the Sands Expo and Convention Center in Las Vegas, Nevada; and The Sands Macao Casino in Macao, the People’s Republic of China (PRC). The company’s casino resorts include hotels, exhibition and conference facilities, casinos, showrooms, shopping malls, spas, restaurants and entertainment facilities, expo and convention centers, and other attractions and amenities, as well as public common areas. It is also developing the Venetian Macao resort-hotel in Macao...
While many know that Bill Gates and Warren Buffet are the two wealthiest, Tony Sagami notes that few know the third: Sheldon Adelson. In his Asia Stock Alert, he explains, "Adelson is the founder and CEO of Las Vegas Sands (NYSE: LVS), our latest featured stock." Here, he looks at the gaming company and its bright prospects in Macau.
"Due to its strategic location in the South China Sea, Macau has a rich history as an Asian trading hub. To this day, it looks more European than Asian. And its popularity with tourists i
I bought LVS at $65.00. LVS owns the Venetian and the Sands Expo and Convention Center in Vegas, and is also developing the Venetian Macao resort-hotel in Macao; the Palazzo resort-hotel-casino in Vegas; Sands Bethworks in Bethlehem, PA; and the Marina Bay Sands in Singapore. LVS has dropped more than 50% on fears that a slowing economy will impact the casino industry. It has, but overseas growth is robust. LVS has a PEG of 1.03; a forward PE of 27.97 (versus trailing PE of 198.68); $857m cash vs. $7.57b debt; and a 40.98% 5-year growth rate! Check out the LVS Investor Day presentations I a...
If you want to see a growth strategy go to LVS’s investor relations presentations. They’re practically building a whole city in Macau. Their Singapore casino is in the heart of the city and will be an incredible development. And they’ve got the Venetian and Palazzo in Las Vegas. This is a great opportunity to buy this growth story. Even Wall Street was happy with their performance in Macau, and that’s tough to do.
If you want to see a growth strategy go to LVS’s investor relations presentations. They’re practically building a whole city in Macau. Their Singapore casino is in the heart of the city and will be an incredible development. And they’ve got the Venetian and Palazzo in Las Vegas. This is a great opportunity to buy this growth story. Even Wall Street was happy with their performance in Macau, and that’s tough to do.
Though, macau earnings of 55% was less than expected, As the analyst at JPMorgan was stating....Septemebr is the slowest month and October's second week will start pulling traffic again increasing the revenue to peaks. This should be a buy on weakness....may be buying tomorrow on 4/10/2007would be a good idea...after a bottom has been made. Support between 150 and 145 lookz promising to me.
Please note that I'm bullish on macu, 'bullish-neutral' on WYNN and 'bearish-neutral' on LVS.
They are the fastest growers in the industry. Their recent casinos and strategies have put them
Though, macau earnings of 55% was less than expected, As the analyst at JPMorgan was stating....Septemebr is the slowest month and October's second week will start pulling traffic again increasing the revenue to peaks. This should be a buy on weakness....may be buying tomorrow on 4/10/2007would be a good idea...after a bottom has been made. Support between 150 and 145 lookz promising to me.
Please note that I'm bullish on macu, 'bullish-neutral' on WYNN and 'bearish-neutral' on LVS.
They are the fastest growers in the industry. Their recent casinos and strategies have put them i
Las Vegas Sands Corp. Announces Initiation of Capital Raising Activity
April 13,2007
Las Vegas Sands Corp. announced that it intends to begin the marketing and syndication of a $5 billion domestic credit facility, the proceeds of which are planned to be used to refinance its existing domestic credit facilities, to provide funding for current and future capital needs and for general corporate purposes. To aid in the marketing of that credit facility, the Company released certain financial information for its Las V
It looks like the bottom is in for Las Vegas Sands (LVS).
Yesterday, Kirk Kerkorian made headlines that he was interested in buying the Bellagio . This caused all of the Vegas gaming stocks to rally, as it signaled there is a lot more value in these properties than current valuations suggest.
Taking a look at one of my favs, LVS, we see that the stock vaulted higher yesterday, on surging volume. It was the highest volume since January 11, 2007. And the gap higher in the chart depicts how the buying pressure was overwhelming from the start of the session.
The Las Vegas Sands is so money and you don't even know it Now that the China stock craze has subsided, it's time to pick up the pieces and look at one play that I think is worth the bet. It's the best casino in Macau China and it's one of the best plays you can make in the gambling world - The Las Vegas Sands Corporation ( LVS ). Just as one Vince Vaughn said to his boy Mikey (played by Jon Favreau ) when he was down on his luck: "you're so money and you don't even know it ", same can be said about LVS. This article has everything packed into it ( Swingers, Macau, LVS, beau
odds of getting 2.1 billion
- apparently LVS is trying to raise 2.1 billion for construction in Macau in China, any bets on the odds of this thing going through I say no chance in h
Data powered by QuoteMedia.
All Rights Reserved.
Data delayed 15 to 20 minutes unless otherwise indicated.
Terms of Use.
None of the information contained on SocialPicks.com constitutes a recommendation by SocialPicks or its users that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. SocialPicks is not responsible for the posts, discussions, and recommendations of the users on the Site. SocialPicks does not provide investment advice. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the website. SocialPicks' users' past results are not necessarily indicative of future performance. Neither SocialPicks nor any of its users guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the website. You understand and agree that you use the Site and Services at your own discretion and risk and that you will be solely responsible for any damages that arise from such use. Before acting on any information contained on the website, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.