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Lions Gate Entertainment Corp. Message Board

xie_777 5 posts  |  Last Activity: May 28, 2015 12:02 PM Member since: Sep 5, 2009
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  • xie_777 xie_777 May 28, 2015 12:02 PM Flag

    I posted in 4 parts, but only the 1st came through. If you seach in Google with the article title "Melco Crown: Place Your Bets on this Casino Play", you should be able to read the full article even without paying for Barron's.

  • xie_777 xie_777 May 28, 2015 11:46 AM Flag

    Melco Crown: Place Your Bets on this Casino Play
    Beijing’s corruption crackdown has smashed the stock, but the worst may be over as it unveils new developments.

    May 28, 2015

    Macau casino stocks lately have resembled down-on-their-luck gamblers – a picture of glum despair while all around them other Chinese stocks are loudly rallying. Beijing’s corruption crackdown has emptied out Macau’s smoke-filled casinos and junkets once overflowing with VIPs, or high rollers. A surging U.S. dollar – to which Hong Kong and Macau currencies are pegged – has made it costlier for mainland gamblers to traipse to the special administrative region, and these days they don’t even want to: Chinese stocks have more than doubled over the past year, and the Chinese can stay home to bet big, and win big.

    Yet the death of Macau’s gaming past is a golden opportunity to bet on its resurrection. Macau, perhaps out of necessity, is undergoing a family-friendlier makeover – not unlike how Las Vegas transformed itself from a gambling town into a mecca for partying, entertainment and all manners of conspicuous consumption. Melco Crown Entertainment isn’t just one of Macau’s six licensed casino operators, but it is also a pioneer in this shrewd shift toward non-gaming entertainment. And with its Nasdaq-listed shares (ticker: MPEL ) slumping near $20, about 55% below their 2014 peak, Melco increasingly looks like a smart bet for longer-term investors.

    For a start, Melco operates a well-run casino resort and has an enviable toehold in Macau - the offshore island one-third the size of Manhattan and where gambling is permitted by Beijing. It has a 13% market share of Macau’s gaming revenue, behind 23% for SJM Holdings ( 880.HK ), 22.5% for Sands China ( 1928.HK ) and 21% for Galaxy Entertainment Group ( 27.HK ). That share can still expand as its development projects on the Cotai Strip, a newer area built largely on reclaimed land, are completed.

  • xie_777 by xie_777 May 24, 2015 2:17 AM Flag

    Lionsgate Looks to Make 'Power Rangers' a Series of Movies

    Lionsgate shared its plans for upcoming movies, including its positive view on turning "Power Rangers" into a movie series.
    By Jerri Lynn | May 23, 2015 02:11 PM EDT

    Lionsgate CEO Jon Feltheimer and fellow executives shared their plans and update on the upcoming "Power Rangers" reboot movie, which is scheduled for release on January 13, 2017, saying that they see it as a significant series of movies.

    We're very excited and with Dean's vision; we felt very comfortable looking for opportunistic dating. We really believe that great movies deliver no matter what date they're on," Lionsgate Motion Pictures Group Co-Chairman Rob Friedman explained, according to Comic Book.

    Despite pushing the movie from July this year to January of next year, Lionsgate is very confident and optimistic about the 'Power Ranger' movie series.

    Other productions of Lionsgate are already on the way, as the company is getting back together with "Hunger Games" director Francis Lawrence & Co. for Homer's "The Odyssey," which will be "more than one" film and will begin filming early next year, The Wrap reported.

    The studio is also looking into an adaptation of the book called "The Iliad" and is already working on 'Now You See Me 3," even though the second film won't be out until June 2016.

    Lionsgate plans to put out 14-15 films in 2016 and looks to go beyond that estimate in 2017.

  • Melco Crown Entertainment Ltd Upgraded to Neutral at Zacks (MPEL)
    December 16th, 2014 - by Matt Cooper

    Melco Crown Entertainment Ltd (NASDAQ:MPEL) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a report issued on Tuesday. The firm currently has a $23.70 price objective on the stock. Zacks‘s price objective points to a potential upside of 2.38% from the stock’s previous close.

    A number of other analysts have also recently weighed in on MPEL. Analysts at Buckingham Research reiterated a “buy” rating on shares of Melco Crown Entertainment Ltd in a research note on Friday, November 7th. They now have a $33.50 price target on the stock, down previously from $41.00. Separately, analysts at JPMorgan Chase & Co. downgraded shares of Melco Crown Entertainment Ltd from an “overweight” rating to a “neutral” rating in a research note on Friday, November 7th. They now have a $27.00 price target on the stock, down previously from $29.00. Finally, analysts at Nomura downgraded shares of Melco Crown Entertainment Ltd from a “buy” rating to a “neutral” rating in a research note on Thursday, October 23rd. Eight research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $37.74.

    During the same quarter last year, the company posted $0.33 earnings per share. Melco Crown Entertainment Ltd’s revenue was down 10.3% compared to the same quarter last year. On average, analysts predict that Melco Crown Entertainment Ltd will post $1.28 earnings per share for the current fiscal year.

  • Monday, 15 December 2014 07:58
    City of Dreams opens in Manila

    Melco Crown Entertainment held the soft opening of its $1.4 billion City of Dreams integrated resort in the Philippines on Sunday, becoming the second casino to open in Manila’s Entertainment City hub and the largest property by far. Doors opened to the public at 3 pm with the mass gaming areas, CenterPlay, a live performance lounge inside the casino; Nobu restaurant and tea lounge; Hyatt Hotel and some F&B and retail areas operational.
    The company has said the grand opening will be held before Chinese New Year in 2015.
    The resort will be have more than 365 gaming tables, 1,700 slot machines and 1,700 electronic table games and is widely seen as the start to a true gaming center in the country.
    Melco Crown says its latest integrated resort will have a strategic mix of hotel brands, ensuring a "celebrity-inspired and fun-luxury experience." It will have six hotel towers, including the 260-room Crown Towers hotel, which will cater to the high-end VIP and premium mass market segments, and the 321-room Nobu Hotel Manila, a project spearheaded by celebrity chef Nobu Matsuhisa, and championed by Hollywood actor Robert De Niro and Hollywood producer Meir Teper.
    The resort, developed with local partner Belle Corp., will feature a wider range of entertainment options than currently available in the Philippines’ other casino resorts.
    Venues will include Manila’s first branded Family Entertainment Center, a venture with Hollywood film studio Dreamworks.
    Despite being in the early stages of development, the gaming industry in the country is expected to pull in as much as $4.5 billion by 2018, double the 2013 levels, according to J.P. Morgan. About 45 percent of that additional growth is likely to be driven by City of Dreams.

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