The #$%$ are no the Chinese first of all. Second they have 6B in capital surplus and 15B worth of property that is dependent upon real estate going up. This is a GREAT company and certainly worth a forward PE of 23 or so which brings us to the 82 level which is the high estimate. I would be out at an over shoot of 88 or so 100 is crazy.
We deserve $100 at least with japan casino news approval on Jan next year. If we are so lucky and given one of the japan casino license in 2015, we will definitely hit $150 or more.
If it can do ~78, it can hit $80.
Don't forget logarithmic scale. We cannot dwell on old linear scale.
LVS is long overdue $100.
Caesar, 19.5, 7.6, 256%
Mpel, 36.7, 15.3, 238%
Boyd, 11.4, 5.7, ,,200%
MGM, 20, 11,, 81%
LVS , 44, 76, 72 %
Wynn, 173, 111, 56%
BAC, 15.5, 10.5, 47%