you have to look at the present valuation of the company after 6 straight months of descending revenues.. and that is taking into account the enormous growth to 6x vegas.. the VIP market junkets have forever changed and that was bound to end.. once upon a time the united states gaming had a booming VIP high roller junket market.. the Boom Boom Days of Macau got halted as the breaks got slammed.. it will make a bottom and the cash flow will always continue.. biggest questions are #1 the online supply vs. demand #2 table game approval for Studio City #3 will Studio City open on time are have the usual delays.. how things change in a New York Minute.. MPEL $45.70 to MPEL $25.50.. was all the bad news priced in?
so who will be right.. citi's IO $50 or Vale CEO's call of IO $85/$90.. just a tad bit of a difference..
this company usually misses so what's new?.. look at JKS CSIQ TSL there must be a reason why they lifted above their solar bottoms and sol is at theirs.. market is telling everyone something here.. this is not rocket science.. dead beat solar stock!
December 18th 2012... how many SPPI shareholders remember that Xmas Gift from Raj???.. somehow you get the feeling it was moves like that which are keeping this stock depressed..
Looks like South Korea and Manila which both have $2.2B to $2.4B market at present needs to WOW the Asian gamblers. LVS has chance in Korea while MPEL has not made a nod. Manila is the bet other than these mid-size bets Ho is making that are not connected to MPEL shares. COD, Studio City and Manila COD is it for MPEL shareholders.
and that I agree... RIO and BHP of course are the best two IO companies.. VALE and Brazil need a complete change which is possible.. a lot of pressure on Dilma.. nobody knows what goes on the inside.. and everything MOVE FAST.. what took 10 years in the 20th Century takes 1 year now.. what took 1 year can take 1 month..
I just got back from Asia.. going back in February.. got sick went to the clinic.. the Doctor took temperature, looked at my throat, gave me a shot and some pills cost $25.. in and out in 15 minutes.. they use more common sense and less red tape there.. also Zev is fighting POLITICS and KICK BACKS.. this CASI CEO and his past like Raj is in the Labs.. we shall see..
keeps going up... up up... what until THE BIG THREE make their next move.. "they control the market".. you will never ever see IO in the $50's.. $70s is the low!!!
sell a stock that is going to pay a TEN PERCENT dividend for years and years to come... silly Rabbit VALE $8.40 is for INTELLIGENT INVESTORS!!!
look at SLW and the snap back in Silver.. SLW $16.57 to $21.44 in 9 trading days.. VALE will see double digits as well.. in the teens in 2015.. it will double off the lows!!!.. McGoof trades on emotion!!!
next move a cut in production from RIO and or BHP and this stock POPS RIGHT BACK.. like I told doomsday genius McCall.. the Aussies know what they are doing and will not let the price drop much lower.. DIVIDEND stays intact as always.. could be raised.. VALE $8.40 a once in 10 year gift!!!
you know how some musicians might not make it big in the u.s. but do better overseas.. I honestly believe zev is a good drug and will be a smash hit in china!