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  • Wynn Resorts - Too Cheap To Ignore  [View article]
    I would NOT call these Great Times for the Casino Industry, thus I am in. I'll get out when the Casinos have record profits.

    Wynn has been extremely successful in the Casino business for Decades. He has made a lot of Investors a great deal of money. I'll take my chances with Wynn.
    Dec 31, 2015. 06:45 PM | 3 Likes Like |Link to Comment
  • Las Vegas Strip casinos set to benefit from higher room rates  [View news story]
    The world needs more of Wynn's Casinos.
    Dec 28, 2015. 06:51 PM | 1 Like Like |Link to Comment
  • Wynn: Gaming Outlook For 2016  [View article]
    A few new government Policies and a slowdown in growth in China have caused a strong pullback in gaming revenue in Macau.

    The great investors espouse you get few chances to invest in great companies at what appears to be a bargain price. I believe in Steve Wynn.
    Dec 28, 2015. 05:35 PM | 1 Like Like |Link to Comment
  • Through The Grapevine: Has Las Vegas Sands Made A Quiet $95/Share Offer For Wynn?  [View article]
    What is also interesting is Sheldon's very recent comments on what he believes is a bottoming in Macau GGR and how it should shortly begin to increase. He also mentions how it all moves in cycles with Peaks and Troughs and how Macau has bottomed.

    As a very astute businessman he knows that you get the best deals at the bottom. Thus I could see SA having an interest in Wynn especially if he believes Macau has bottomed and now he would want to get Wynn while the stock is still cheap.

    My two cents worth...
    Dec 24, 2015. 05:16 PM | 2 Likes Like |Link to Comment
  • Through The Grapevine: Has Las Vegas Sands Made A Quiet $95/Share Offer For Wynn?  [View article]
    Forget the Merger/Buyout what I found most interesting in this article is the Wynn price target of $80 implying 15% upside by midyear and the lvs price target of $70 implying a 55% upside by mid year.

    Wynn has a price to sales ratio of 1.6 and lvs 2.9. The price to sales ratio helps to eliminate the too common occurrence of distortion of earnings. Thus it appears Wynn is much more undervalued than lvs by 50% (1.60 compared to 2.9). And given Wynn's much smaller market cap and lets not forget $4.1 billion Wynn Macau that is about to open up and the $1.7 billion Everett casino to be opened in a few years. The debt has occured (most of it) but the cash will soon be rolling in for Wynn.

    Now regarding the buyout/merger rumor. I always thought it would be great for both men. When SA can no longer participate in running the show knowing that Wynn is taking care of his baby and continuing his success would have to mean a lot to SA. I think it will probably happen sometime or at least some type of combined effort in a huge market if Japan ever happens.

    But, most of these rumors occur at the high end of stock prices whereas this one is occurring at the bottom. Interesting.
    Dec 24, 2015. 04:31 PM | 1 Like Like |Link to Comment
  • Raising Our Target For Wynn: It's A Solid Bet Now Despite Macau And Rattled Markets  [View article]
    I am back in at $68 (got tapped out due to a margin call as I had no choice when it fell to $59). I am All In with Full Margin again (risk drives return). Just no more falls from $75 to $59 please.

    Go Steve Wynn you are the King of Entertainment.
    Dec 3, 2015. 12:05 AM | 1 Like Like |Link to Comment
  • Wynn Resorts picks up momentum  [View news story]
    Lots of Upside for Wynn... at least I hope. I believe in Steve Wynn and I know he will get this stock back to $200 sooner or later (alright I am greedy).
    Dec 2, 2015. 11:56 PM | Likes Like |Link to Comment
  • Wynn Resorts: Sum Of The Parts Reveals Value  [View article]
    I am not against Wynn stock price, especially since I am fully Margined in it, just that it keeps falling. I thought investors looked out 6-12 months? In only 4 months Wynn Palace will have its doors open to the largest gaming market in the world and the company should double its income, at least. Yet, the stock is down close to 75%. That does not make sense to me.

    As a seasoned investor who is all too familiar with the ups and downs in the market I also know there comes a time to cut your losses, and I am almost there.
    Nov 17, 2015. 06:12 PM | 1 Like Like |Link to Comment
  • Wynn Resorts: Sum Of The Parts Reveals Value  [View article]
    It's not a good buy if the stock continues to fall.
    Nov 17, 2015. 12:18 PM | Likes Like |Link to Comment
  • Wynn Resorts: It's A Win-Win Opportunity  [View article]
    Steve Wynn has proven himself over and over again with each time catapulting the company's stock price higher. I'll hang on for as long as I can to see if Steve Wynn can work his magic one more time. Come on $200 share price...
    Nov 10, 2015. 01:45 PM | 1 Like Like |Link to Comment
  • Raising Our Target For Wynn: It's A Solid Bet Now Despite Macau And Rattled Markets  [View article]
    I believe one way or another Steve Wynn will ensure the success of the company that bares his name. I barely survived the big dip in the stock price a month ago as I am on Full Margin and plan to remain that way. Since, I believe the stock is worth over $100 share by the time Wynn Palace opens up.

    Given that the stock price was over $200 a year ago I do not see why it cannot go to at least $100 share by the time The Palace opens up in Macau that will more than double their gaming revenue. In fact, the stock could easily by $200 by end of April.

    All is my opinion.
    Nov 10, 2015. 01:34 PM | 1 Like Like |Link to Comment
  • A Back-To-The-Future Glimpse Of Wynn's Strategy Shows It Could Be At $80 By Q2 2016  [View article]
    Steve played it right in complaining to the Chinese Authorities in advance. I have news for everyone even though Wynn requested 500 tables for The Palace chances are he was only going to probably get 200-250 tables.

    He put them on notice that he is not happy and that if they do not come close to his 500 table request then the madder than H@ll carries over to selling his building and moving out.

    He was smart to play his hand first rather than letting them short change him, now if they do, they know he will move his Iconic Corporation some place else. Steve is The Man. Win with Wynn why I am long on the stock.

    But my valuation is much higher than anyone else. The Palace is adding 170% more iconic rooms for Wynn to the World's Gaming Center. I expect huge profits and thus a huge move in the stock as profits dramatically increase. I say $150-$200 by end of April/2016. He has an Iconic Brand that has a Durable Competitive Advantage business in Macau and if you want the Best be prepared to pay up for it.

    All is my opinion.
    Oct 31, 2015. 10:51 AM | 2 Likes Like |Link to Comment
  • A Back-To-The-Future Glimpse Of Wynn's Strategy Shows It Could Be At $80 By Q2 2016  [View article]
    Sorry I may be wrong about the size of Wynn Palace (284K size is in error). Got timed out and could not make the correction.
    Oct 27, 2015. 11:26 AM | Likes Like |Link to Comment
  • A Back-To-The-Future Glimpse Of Wynn's Strategy Shows It Could Be At $80 By Q2 2016  [View article]
    My PT is $200 Dec/2016.

    Why so high? Macau is where WYNN makes 75% of his profits and the are about to open up a second Casino that will increase their hotel rooms from over 600 with Wynn Macau to over 2,300 as Wynn Palace adds 1,700 suites. And the square footage goes from 200K with Wynn Macau adding 284K more with Wynn Palace. Thus Wynn Palace should add tremendous profits to Wynn Resorts.

    In addition, The Palace will be the most advanced Casino ever in terms of Luxury (for VIP's?). It should do extremely well and if you want a very profitable company with a durable competitive advantage you have to pay up for it.

    My guess WYNN at $200 by Dec/2016, and remember it was already at $250 share about 1 year ago thus it is simply recovering to where it once was at. Of course I could be wrong and Wynn share price could fall and I could get wiped out since I am on Full Margin with everything, probably even with the Kitchen Sink.

    Go Steve Wynn.

    Everything is from memory and sometimes my memory is faulty.

    All is my opinion. Invest at your own risk.
    Oct 27, 2015. 11:03 AM | Likes Like |Link to Comment
  • A Back-To-The-Future Glimpse Of Wynn's Strategy Shows It Could Be At $80 By Q2 2016  [View article]
    China has made incredible gains in its standard of living and infrastructure over the past two decades. And now they want to become a Global Currency. ALL OF THIS is predicated on their having a hands off approach to businesses. If they were to take over or underhandedly cause catastrophic losses to investors it would undo everything that they have done. As I know, I would never ever invest in a Chinese market again and most other investors would not either.

    All of which entails me to believe that China knows that it cannot kill the Golden Goose that businesses must make a Profit otherwise they shutdown and move someplace else and then China losses billions in tax revenue and untold number of jobs. And I know there is no way they will let that happen.

    Their actions thus far has simply been to stop massive corruption and in the grand theme of things that is a good thing as it helps to make businesses operate better without having to pay bribes. I believe Chinese Government will allow WYNN to flourish for if The Palace fails then China fails.
    Oct 27, 2015. 10:54 AM | Likes Like |Link to Comment
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