Asia gambling bellwether: SJM Holdings (SJMHF.PK) says it grew its full-year profit by 27% Y/Y...


Asia gambling bellwether: SJM Holdings (SJMHF.PK) says it grew its full-year profit by 27% Y/Y to $870M to beat the estimates of analysts. The company saw 8X more growth in its mass market category than VIP. The solid report from Asia's largest casino company could boost enthusiasm for Las Vegas Sands (LVS), MGM Resorts (MGM), Wynn Resorts (WYNN), and Melco Crown (MPEL).

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Comments (3)
  • Hillbilly Stock Star
    , contributor
    Comments (743) | Send Message
     
    $BJK Long.
    27 Feb 2013, 09:08 AM Reply Like
  • Trader's Profit Compass
    , contributor
    Comments (2054) | Send Message
     
    LVS does a great job in the mass market segment. Should bode well for them. long LVS
    27 Feb 2013, 09:14 AM Reply Like
  • madbcolumbus
    , contributor
    Comments (161) | Send Message
     
    TFCAB, what do you think is holding down LVS now? it seems to hit resistance at around 54. everytime it gets there some negative news from macau comes out and drives it back down to under 50.
    27 Feb 2013, 10:06 AM Reply Like
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