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Melco Crown Entertainment Limited Message Board

grftt 4 posts  |  Last Activity: Dec 7, 2015 9:47 AM Member since: Jan 20, 2007
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  • Reply to

    I am at City of Dreams Manila

    by grftt Dec 5, 2015 8:34 AM
    grftt grftt Dec 7, 2015 9:47 AM Flag

    Man!... there is so much anger in this board.

  • I will have to dig up my predictions but I think I am way off for November. I believe I had them ( Mpel) at 19-20% little disappointed. I was in Manila COD last night, they have a big poker tournament going off right now, first time I have been in the place. I have to admit, it is a poor cousin to the Macau property.
    Well guys here's the numbers readem and weep.
    LVS 22%
    Galaxy 22%
    SJM 21%
    Mpel 17%
    Wynn 10%
    MGM 9%

    Here what we need
    The infrastructure of Macau just does not support the mass gamers to pick up the void from the VIP exit.
    We need the Cotai permanent harbour opened 100% already and Cotai light rail and bridges from the mainland finished.
    Cover shaded or a/c people movers on Cotai would help bring more people on to Cotai from the peninsular.
    This past Macau administration should go work for Disney "what a friggin farce"

    Sentiment: Buy

  • Impressive property.

  • MACAU, Nov. 18, 2015 (GLOBE NEWSWIRE) -- Melco Crown Entertainment Limited (Nasdaq:MPEL) announced today that its subsidiary, Studio City Company Limited, as the borrower under the US$1.4 billion Studio City term loan and revolving credit facility, has received the requisite lender consent to amend the loan documentation as proposed by the Studio City borrowing group. The amendments, which are in effect as of today, include changing the Studio City project opening date condition from 400 to 250 tables, consequential adjustments to the financial covenants, and rescheduling the commencement of financial covenant testing. Studio City, which opened on October 27, 2015, will continue its operations and obtain disbursements from the US$1.4 billion Studio City loan, as sche

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