PCs are far superior to consoles, and are dynamically upgradeable. Buying a console these days is like buying a flip-phone.
200 in 3 weeks is a bit of a stretch.
200 by Spring isn't unreasonable.
If you have a link to this "Chinese Gov't" analysis, post it, or something resembling it, so we can see it.
The government loves Macau, and is building infrastructure at breakneck pace. It's good economic activity in itself, and as you noted it leads to big, easy tax revenues. But they're not going to suborn illegal activity, so don't expect the wild west. Macau traffic will grow to fill its capacity over the next 8-10 months and then it'll be a matter of what's growing faster, capacity or traffic? (Traffic; Macau will be stuffed to the gills by the time Wynn Palace opens).
And it goes without saying that WYNN is the single best company in the business anywhere in the world. The other companies want to be WYNN, and everyone who isn't us wants to own WYNN.
Have you ever looked at a map and observed where, exactly, Atlantic City is situated?
Vegas can get away with being in the middle of nowhere because it held the monopoly on the industry for 7 decades.
AC had a chance because of proximity but didn't have real in-town accessibility for all those cities on the East Coast, and every yutz who didn't think about the annoyance factor of the travel time overinvested in his property, didn't account for the competition's ability to counter their moves, and ran headfirst off the boardwalk.
Boston is a real town. Everett is minutes from downtown. There's a brand-new subway stop just a 4-minute walk from the planned location (albeit, we'll need a footbridge, or a frequent ferry, or better yet a people mover, across the Mystic River to make it happen). And there are tracks on the property, so there's the possibility of a tram ride going right downtown (really i don't know what those tracks are used for now, so that possibility could be an impossibility).
And, because of AC's competitive structure, Massachusetts chose to ensure territorial integrity. There won't be a crowd of casinos trying to chisel each other in Boston.
You know what that pain in your gut is, right? An excuse to roll nonperforming capital into likely gainers. Hate options? Then don't sell near-money Puts and buy OTM Calls for January 2016 dates. You'd really really hate those.
haw. plenty of people there. occupancy and ADR is fine. fewer dollars coming from whales is making the bottom-line differences. those will come back. whales find a way.
That'd be about right. CS predicted that price for Wynn Macau (1128.HK or WYNMF), not Wynn Resorts, Limited (WYNN). Wynn Macau is the Chinese company that actually owns the Wynn properties in Macau. Wynn Resorts, Limited is a holder of about 75% of the shares of Wynn Macau. The current price of WYNMF is 3.31 in US dollars, and 1128.HK is 25.65 in HK dollars.
google "wynn dividend history," select the NASDAQ link (usually it's the first result), look at the "ex-div date" column. that's the first day the shares trade without the dividend. if you sell before that day, the dividend goes with the shares.
Selling at high prices and buying back later at low prices.
Because that's what this ticker supplies most often.
Mubadala's endgame is to own the whole thing. They don't care about shares. If they can collect the rest of the company for another $billion, they'll pay for it with the tax benefit from writing off their sunk cost.
Of course, between ITAR and the cross-license restrictions, they can't have x86 (it was the reason they didn't buy AMD outright when they made the fab deal). So they'll take graphics and the server kit business, and sell off the console chips, maybe to a consortium of the OEMs.
But they won't want the rest of the shareholders lurking around, so they'll roll the business through bankruptcy and acquire it for peanuts from the court.
Oil-soaked Arab princes make bad businessmen. Always overpaying and underutilizing.
I like you. I have a new crayon. Do you like it? You can buy all the shares you want from me. I'll even try to spell the company's name right.
I will never have to cover.