Melco Crown Entertainment (MPEL)

All Comments on MPEL

  • commenter
    Rapp
    Jun 11 03:25 PM
    General Discussion on MPEL
    Geez I hope you are right! I bought at 13.30. I am quite distressed. I syhould have dumped at 11. I have been looking for reasons and can so far only find.... 1) The rainy season. 2) Baccarat is all they want to play in Macau lately. 3) They are having trouble meeting building expenses and "payouts". 4) They just overshot the mark.
    WYNN is up today...bringing Cirque d' soleil to Macau. We're sitting with unbuilt towers to sell and rent.
    Not sure whether to hold...or by another 100 if it hits 8. Arghhhhh....     Reply
  • commenter
    User 103383
    Jun 04 12:48 AM
    My Website
    Melco PBL Entertainment: The Crown of Macau [view article]
    MPEL has great earnings and no dout about it and trades at 50% from the IPO price at 19. It is ridiculous to say, although MPEbL improved fundamentals and trades at 50% of IPO price. For sure it is giving tough compettion to others in Macau and gaining market share. People will recognise the potential here in MPEL,hold on Reply
  • commenter
    chiller
    May 18 12:58 AM
    Buy Opportunity in Gaming Stocks: Reduced Targets, Easier Comparables [view article]
    The p/e on LVS is insanely expensive even at this beaten-up level. If you're a value investor and have patience you'd be wise to stay away from these stocks. Reply
  • commenter
    Richard
    Dwyer
    May 17 10:26 PM
    My Website
    Melco PBL Entertainment: The Crown of Macau [view article]
    Excellent analysis. Macau will be bullish for a very long time. And MPEL should be too. Reply
  • commenter
    Frank
    Waddell
    May 17 03:53 PM
    Melco PBL Entertainment: The Crown of Macau [view article]
    Earnings announcements are a funny thing in the current invesment climate. Seems the market is currently rewarding write-downs and other mishaps and discounting companies with improving fundamentals and positive earnings surprises relative to street estimates.

    I think many retail investors have the feeling that the Macau story has been "played out", and has led to overvaluations in their multiples. This may be the case with a few of the gaming operators that may have taken on a bit more leverage than they can handle.

    Over time the "good" money should come into this company's ownership structure as they begin to see the whole picture and future pipeline. Seems there are currently a lot of speculators trying to catch a huge earnings surprise and providing a lot of short-term volitility.

    I plan to do a follow-up on Melco-PBL, specifically refrencing its valuation and a comparables valuation.     Reply
  • commenter
    Chris Katje
    May 16 06:30 PM
    My Website
    Melco PBL Entertainment: The Crown of Macau [view article]
    Great earnings report yesterday. The stock will double from the new casino. Check out my review at stockworldpicks.blogsp... . Reply
  • commenter
    rose royce
    May 16 11:56 AM
    My Website
    Melco PBL Entertainment: The Crown of Macau [view article]
    i agree with you was shocked after positive earnings and other good news to see stock fall like a rocket, from the big blocks being sold it must have been the big boys somebody, very strange, all looks a bit fishy to me. Reply
  • commenter
    Richard
    Schweitzer
    May 15 12:58 PM
    Wall Street Breakfast: Must-Know News [view article]
    There is more to the "Empire State" picture and that is relocation. NY is not a good state to be in; and, as people said of Ark. during the depression, "It's a good state to be FROM." Reply
  • commenter
    wsigler
    May 15 12:46 PM
    Wall Street Breakfast: Must-Know News [view article]
    "Expect Basic Materials IYM to pull back. Higher costs for Basic Materials companies due to energy price spike matched with inability to raise prices in a near-recessionary environment. "

    Were that true, we'd not have to worry about inflation, now would we...     Reply
  • commenter
    Robt1947
    May 15 11:06 AM
    Wall Street Breakfast: Must-Know News [view article]
    stockczar, i wish i had an adviser on the ball like you seem to be...keep the info coming..cheers Reply
  • commenter
    stockczar
    May 15 10:53 AM
    Wall Street Breakfast: Must-Know News [view article]
    US manufacturing economy stalling per today's news. "Manufacturing activity in the New York area deteriorated slightly in May, the New York Federal Reserve Bank said Thursday. The bank's Empire State Manufacturing index fell to negative 3.2 in May from 0.6 in April. This is the third month in the last four that the index has been negative. Readings below zero indicate contraction. The report was weaker than expected. Economists were expecting to be essentially flat in April. "

    Expect Basic Materials IYM to pull back. Higher costs for Basic Materials companies due to energy price spike matched with inability to raise prices in a near-recessionary environment.     Reply
  • commenter
    jer1066
    May 15 10:16 AM
    Buy Opportunity in Gaming Stocks: Reduced Targets, Easier Comparables [view article]
    There are some interesting comments on this board. I think that the companies that do a lot of business in the local Las Vegas market will see a large bump in May and June from the "economic stimulus" payments. The local gamers will look at that $600 as a free bet and they will waste it all at the local casinos. There are also some interesting catalysts that will occur over the next few months. I like BYD because it is so beat up right now, but they will be opening a new casino next month that should add to their cash flow. I'm a value guy so I'm looking about 12-18 months out, and I think BYD will be at $36 In 2009. Get in now and double your money. Reply
  • commenter
    buffettfan43
    May 14 01:18 PM
    General Discussion on MPEL
    Protecting against downside on my long position if the earnings announcement goes wrong.


    On Apr 06 05:20 AM SeekingAlpha Editors wrote:

    > Is this a buy or a sell?     Reply
  • commenter
    User 149579
    May 14 12:38 PM
    Buy Opportunity in Gaming Stocks: Reduced Targets, Easier Comparables [view article]
    Thanks for your comments stacked up and FalseProfits. They are really amusing. You sound like very impatient and angry investors. It's easy to dislike gaming stocks near a bottom. But you have no more foresight than a weather man who sticks his head out the window to give a forecast. I've never denied the fact that I've taken big hits in gaming this year, nut I also know how to "buy low" instead of buying "what's hot". Risk that they could go bankrupt? That's really laughable. As for my prognostications, have you checked out the PENN deal lately? You may want to read my comments on that from a few months ago. Reply
  • commenter
    False Profit
    May 14 10:20 AM
    Buy Opportunity in Gaming Stocks: Reduced Targets, Easier Comparables [view article]
    The article misses the point that the gaming stocks are at inflated valuations based on mis-informed opinions that profits are going to skyrocket in the future. Free cash flow is hugely negative at LVS and WYNN. In fact, LVS's operating income can't even cover its interest payments, and this is before the huge capex they have been incurring is yet to seep into depreciation. There is a real risk that they could go bankrupt. Reply
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