Sands China Ltd ADR (SCHYY) - OTCPK - Current
  • Sep. 29, 2015, 3:02 PM
    • Macau casino stocks had another tough day in both Hong Kong and New York after major junket operator Neptune reported a stunning loss of close to $1B HKD ($129M) for its last fiscal year.
    • Neptune also warned in a filing of its "extremely vulnerable" liquidity position in the current environment.
    • Adding to the anxiety, Nomura's Harry Curtis thinks the situation at Neptune could apply to most junket operators.
    • Macau casino stocks: Wynn Macau (OTCPK:WYNMF, OTCPK:WYNMY), Sands China (OTCPK:SCHYY, OTCPK:SCHYF), MGM China (OTCPK:MCHVF, OTCPK:MCHVY), Galaxy Entertainment (OTCPK:GXYEF -2.6%), SJM Holdings (OTCPK:SJMHF, OTCPK:SJMHY), Wynn Resorts (WYNN -2.1%), MGM Resorts (MGM -4.4%), Las Vegas Sands (LVS -5%)
    | Sep. 29, 2015, 3:02 PM | 5 Comments
  • Jun. 8, 2015, 8:28 AM
    • New estimates from Sterne Agee indicate gaming revenue in Macau is off to a rough start in June.
    • Channel checks from the investment firm show the revenue run rate is down 46% Y/Y after the first seven days of the month.
    • Sterne sees -33% to -38% growth in the region for June.
    • There's also some deep concerns from inside the industry that a blanket smoking ban would be a "disastrous blow" to traffic.
    • Over the weekend, government officials in Macau reiterated a plan to push the local legislature for the full smoking ban.
    • Macau casino stocks: Melco Crown (NASDAQ:MPEL), Wynn Macau (OTCPK:WYNMF, OTCPK:WYNMY), Sands China (OTCPK:SCHYY, OTCPK:SCHYF), MGM China (OTCPK:MCHVF, OTCPK:MCHVY), Galaxy Entertainment (OTCPK:GXYEF), SJM Holdings (OTCPK:SJMHF, OTCPK:SJMHY).
    • Premarket movers: Las Vegas Sands (NYSE:LVS) -2.3%, Wynn Resorts (NASDAQ:WYNN-2.9%, MGM Resorts (NYSE:MGM-2.2%,
    | Jun. 8, 2015, 8:28 AM | 16 Comments
  • Jun. 4, 2015, 9:17 AM
    | Jun. 4, 2015, 9:17 AM
  • May 4, 2015, 1:47 PM
    • A fresh report from the Macao Gaming Inspection and Coordination Bureau indicates gaming revenue fell off 39% in April to 19.17B patacas ($2.41B).
    • The drop was within the range forecast by analysts of a -38% to -40% decline.
    • Shares of Macau stocks are higher today after the worst-case scenario for April was avoided and following steep losses last week after Wynn Resorts slashed its dividend.
    • Gainers: Wynn Macau (OTCPK:WYNMF, OTCPK:WYNMY) +3.4%, Wynn Resorts (NASDAQ:WYNN) +3.8%, Galaxy Entertainment (OTCPK:GXYEF) +2.9%, Melco Crown (NASDAQ:MPEL) +0.7%, Las Vegas Sands (NYSE:LVS) +1.6%, Sands China (OTCPK:SCHYY, OTCPK:SCHYF) +5.5%, SJM Holdings (OTCPK:SJMHF) +6.4%.
    | May 4, 2015, 1:47 PM | 12 Comments
  • Mar. 10, 2015, 10:41 AM
    • Another tough day for Macau casino stocks is setting up.
    • MGM China (OTCPK:MCHVF, OTCPK:MCHVY), Sands China (OTCPK:SCHYY, OTCPK:SCHYF), and Wynn Macau (OTCPK:WYNMF, OTCPK:WYNMY) all fell over 10% in Hong Kong trading
    • Pure-play Galaxy Entertainment (OTCPK:GXYEF) is down 5.21%.
    • Stateside, Melco Crown ADRs (NASDAQ:MPEL) are off 3.7% and parent companies Wynn Resorts (WYNN -1.5%), Las Vegas Sands (LVS -2.3%), and MGM Resorts (MGM -2.9%) are also weak.
    • A bearish note from Deutsche Bank appears to be holding some sway.
    • DB takes its projection for 2015 Macau revenue growth to -30% from a prior forecast of -13%.
    | Mar. 10, 2015, 10:41 AM | 17 Comments
  • Mar. 9, 2015, 11:13 AM
    • Macau-related casino stocks trade weak again off of renewed concerns on revenue growth.
    • Over the weekend, Macquarie warned of dividend cuts in the sector. A reduction of special or quarterly dividend payouts would feed through to parent companies through their local subsidiaries.
    • Pure-play Melco Crown (MPEL -4.1%) is leading the downwards slide today.
    • Other decliners include Galaxy Entertainment (OTCPK:GXYEF) -0.8%, MGM Resorts (NYSE:MGM) -2.9%, Wynn Resorts (NASDAQ:WYNN) -2.9%, Las Vegas Sands (NYSE:LVS) -2.6%.
    • Related stocks: Wynn Macau (OTCPK:WYNMF, OTCPK:WYNMY), Sands China (OTCPK:SCHYY, OTCPK:SCHYF), MGM China (OTCPK:MCHVF, OTCPK:MCHVY).
    | Mar. 9, 2015, 11:13 AM | 7 Comments
Company Description
Sands China Ltd. is the leading developer, owner and operator of multi-use integrated resorts in Macao.
Sector: Services
Industry: Resorts & Casinos
Country: Hong Kong