lol... who the heck just "shores up" their balance sheet for no reason? it's a euphemism for going broke... or a preventive measure from going broke...
and in terms of "timing of IPOs" ... it depends on who's perspective you are talking about... the blackstone IPO... bad timing for investors... great timing for the sellers... could HAWK follow similar path?
On Sep 24 09:49 PM BullnBear wrote:
> HERO recently announced dilution in the form of a second and this > looks like more of a balance sheet “shore up” but still I would watch > the action on HERO after the secondary release that I believe is > set for September 30th as of today but don’t quote me on that date. >
Lone Pine Capital's Melco Crown Stake: Betting on a Lower Macau Gaming Revenue Tax? [View article]
Hey Lucas... thanks for sharing your thoughts... i don't live in HK and haven't visited the place yet... but i have friends who have... and said it's nice... but not anything compelling... they are lucky that the location is right next to the venetian...
I thought about the visa issue... i just don't think it's their style... betting on a policy change? but who knows... i'm an outsider looking in...
On Aug 31 04:03 AM Lucas Leong wrote:
> Very interesting article. The problem is that the gaming tax is not > to be reviewed anytime soon - anyone in Macao would tell you that. > > To cut the tax so drastically you would need the intervention of > Macao's Legco - and there is almost no chance of that happening anytime > soon. There is just no support for that to happen. So, the real question > in my mind is: while agreeing with your other remarks, if you take > away the tax theory (which makes a lot of sense, just not in Macao), > than why exactly is Lone Pine Capital investing in Melco Crown? My > idea? Mass market. In my personal opinion, after LVS, Melco Crown > is the best operator positioned to take advantage of any "lifting" > of the visa restrictions, which is supposed to start being lifted > soon (yes, this is only a rumor - but that is how things work regarding > these things). You might ask then why they sell LVS and my answer > would be in your article - Singapore. Who is to say that as soon > as they get Singapore open they will not start taking all their customers > there? Remember the tax...?
Seahawk Is in Deep Water [View article]
and in terms of "timing of IPOs" ... it depends on who's perspective you are talking about... the blackstone IPO... bad timing for investors... great timing for the sellers... could HAWK follow similar path?
On Sep 24 09:49 PM BullnBear wrote:
> HERO recently announced dilution in the form of a second and this
> looks like more of a balance sheet “shore up” but still I would watch
> the action on HERO after the secondary release that I believe is
> set for September 30th as of today but don’t quote me on that date.
>
Balance Sheet Wars: U.S. Solar Companies vs. Chinese Government [View article]
On Aug 31 01:33 PM nakedjaybird wrote:
> Hippie - how can we bad mouth the Chinese, when they see Solar PV
> as important as our US Manhattan Project - totally Govt funded.
Lone Pine Capital's Melco Crown Stake: Betting on a Lower Macau Gaming Revenue Tax? [View article]
I thought about the visa issue... i just don't think it's their style... betting on a policy change? but who knows... i'm an outsider looking in...
On Aug 31 04:03 AM Lucas Leong wrote:
> Very interesting article. The problem is that the gaming tax is not
> to be reviewed anytime soon - anyone in Macao would tell you that.
>
> To cut the tax so drastically you would need the intervention of
> Macao's Legco - and there is almost no chance of that happening anytime
> soon. There is just no support for that to happen. So, the real question
> in my mind is: while agreeing with your other remarks, if you take
> away the tax theory (which makes a lot of sense, just not in Macao),
> than why exactly is Lone Pine Capital investing in Melco Crown? My
> idea? Mass market. In my personal opinion, after LVS, Melco Crown
> is the best operator positioned to take advantage of any "lifting"
> of the visa restrictions, which is supposed to start being lifted
> soon (yes, this is only a rumor - but that is how things work regarding
> these things). You might ask then why they sell LVS and my answer
> would be in your article - Singapore. Who is to say that as soon
> as they get Singapore open they will not start taking all their customers
> there? Remember the tax...?