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Analyst say Melco Crown (MPEL -1.1%) and Las Vegas Sands (LVS -0.8%) will post the biggest...

Analyst say Melco Crown (MPEL -1.1%) and Las Vegas Sands (LVS -0.8%) will post the biggest earnings growth among Macau-based players with both names expected to see double-digit profit increases. The results won't include sales churned up during the nation's Golden Week holiday, reported to be strong.
Comments (7)
  • Ralph Petrillo
    , contributor
    Comments (334) | Send Message
     
    Well clearly business is strong in Macau.
    19 Oct 2012, 10:33 AM Reply Like
  • No. 1 Trader
    , contributor
    Comments (47) | Send Message
     
    It's strong when they want it to be and weak when someone with a lot of money is trying to accumulate stock. Every few weeks they come out with the "Slow down in China" news and the decrease in earning potential for the region and the gaming stocks all go down. Then the "Profits are good" statements come back and bring the gaming stocks all back up again. Why invest in these companies long term when you can make more by ridiing the up annd down waves? Same exact news every time same result.
    19 Oct 2012, 11:26 AM Reply Like
  • freeman8201
    , contributor
    Comments (626) | Send Message
     
    china did went through somewhat of an bubble burst in late 2008. And they are experiencing a soft recession. Look at the SSE Composite Index bust in '08 the olympic bubble. and the HANG SENG INDEX.

     

    I agree though, now that i'm looking at the stock and its trend. I got in around ~44/share earlier this year.
    21 Oct 2012, 01:47 AM Reply Like
  • jmartz101
    , contributor
    Comments (187) | Send Message
     
    What analysts are these? Earnings growth is weak across the globe and Macau is no different. I could be wrong but I doubt LVS or MPEL is going to post a monster quarter.
    19 Oct 2012, 02:12 PM Reply Like
  • TFCAB
    , contributor
    Comments (1977) | Send Message
     
    not expecting monster numbers from LVS, but expectations are low. I think they'll post numbers well ahead of the muted expectations. hope this is not just wishful thinking on my part. Check back next week. long LVS
    19 Oct 2012, 07:41 PM Reply Like
  • jmartz101
    , contributor
    Comments (187) | Send Message
     
    It could happen LVS is a very well runned company.
    19 Oct 2012, 08:45 PM Reply Like
  • ruggem
    , contributor
    Comments (10) | Send Message
     
    MPEL is the best of the lot for the loong term
    19 Oct 2012, 10:00 PM Reply Like
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