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Ralph Petrillo

Ralph Petrillo
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  • 2 Core Holdings That Belong In Every Biotech Portfolio [View article]
    think long term or over next 24 months, and get in at 104 to 105. They are in a very good position.
    Dec 9, 2014. 08:23 AM | Likes Like |Link to Comment
  • Gilead Sciences: An Alpha Stock Through The Good And Bad Times [View article]
    Well they are gaining market share, and when they add additional products they will have extended their customer base. I think the stock is undervalued by 33%. I see 135 to 145 in the next 12 months. Strong cash flow, strong proudt pipeline, and eps will be very interesting in February. I just do not want them to cave in and pay a dividend. rather get hot new products in the pipeline then a small dividend to placate shareholders.
    Dec 4, 2014. 04:22 PM | 2 Likes Like |Link to Comment
  • When Will Hertz Finally File? [View article]
    Well the risk is that financial fraud occurred. That past earnings were much lower, and the retained earnings , and debt needs to be rebalanced. What is strange, is that a company should know by credit card payments for their product line if earnings were real or not. Was it possible for them to change revenue if customers paid for their product. So maybe it is on the expense side, and this can not be determines. But if it is significant, then anyone who suffered losses could take part in a Class action lawsuit to recoup their losses.
    Nov 13, 2014. 06:34 PM | Likes Like |Link to Comment
  • Wynn Resorts Is A Long-Term Buy [View article]
    The above chart shows that Wynn Resort’s (WYNN) average occupancy levels have increased both at Macau and Las Vegas over the last year. Wynn Resort’s 3Q14 average occupancy stood at 98.5% for Macau operations and 89.3% for Las Vegas operations as compared to 95.8% and 87.9%, respectively, in the same quarter last year. To capture the seasonality effect in the visitation rates year-over-year, a comparison has been made.

    How can they get any busier. they are at 98.5%. Not a bad result. as sson as their new casino opens that will also be busy. Hold for he long term.
    Nov 11, 2014. 08:08 PM | Likes Like |Link to Comment
  • Wynn Resorts Is A Long-Term Buy [View article]
    Wow imagine if someone just wants to buy Wynn Assets in Macau. What are they worth? He has two strong casino's with high occupancy in Macau, and will have a brand new $ 4 billion resort. Just to build these two casinos' and to get through the process is a minimum of $ 8 billion. With appreciation and premium , a buyer could buy them for 15 billion. Leaving strong cash flow from Vegas. I value Wynn at 225 to 245 a share. I will not be surprised to see a takeoff attempt.
    Nov 11, 2014. 10:11 AM | 1 Like Like |Link to Comment
  • Wynn Resorts Is A Long-Term Buy [View article]
    I would have to agree with the positives of Wynn. Wynn in Macau also has a high occupancy rate, maybe you should of mentioned that. With new promotions, occupancy may get close to 99% in Macau. the high roller topic is overplayed, for the individuals who represented the high rollers got a fee. High rollers are not total profit. Great dividend from Wynn, and there is also a possibility that someone is accumulating shares at these prices which may not make Steve Wynn to happy. For it is hard to get approvals in Macau, and that is known as a truly unknown premium.
    I would not be surprised if a takeover attempt occurred offering $ 225 a share.
    For The current price is just to cheap. Wynn may be better off in not paying the special dividend next time but in buying back shares. For soone or later at these prices with the strong cash flow, Wynn is in play.
    Nov 11, 2014. 08:32 AM | 1 Like Like |Link to Comment
  • Voters pave a path for new casinos in Massachusetts [View news story]
    Kind of strange that the stock is selling off today since they won approval to build casino in Boston where they will do very well. Imagine what would of happened if they lose the election. This si great buying opportunity, for the sell off is not tied to any news item. my feeling is that buyers are going to come back for ex dividend date is coming.
    Nov 5, 2014. 03:21 PM | Likes Like |Link to Comment
  • Jim Chanos warns on Macau [View news story]
    He sells short one buy buys another one to be hedged.
    Oct 31, 2014. 02:18 PM | Likes Like |Link to Comment
  • Investors Should Be Cautious With Wynn Resorts [View article]
    Good article if written when Wynn was 240 , but at 180 to 185, it is already discounted by 33%. What is the real risk? Very little. Pays a nice dividend, they also issue special dividends. Macau may be slowing but they are still grossing over $45 billion a year. If it stays sideways for three years eps will still be strong. Wynn got approval to have a brand new casino in Boston. Will probably gross at least 1 billon to 1.2 billion in revenue. Retail will all be rented out, hotel will have 95% occupancy like all of Wynn's other resorts. Wynn in Vegas is packed. Wynn has an art with respect to casino promotions. In the future Macau may gross $ 65 billion in five years. Stop looking at the short term trade and think long term. In my mind Wynn is a buy for the ing term.
    Oct 28, 2014. 12:13 PM | Likes Like |Link to Comment
  • Casinos Could End Up On The Losing Side Of Macau's Bet [View article]
    Good analysis, however the stocks have already fallen 33%, pay out nice dividends, have surplus cash, and the fact is that no one gambles like the Chinese. No one. So even if VIPS are slowing, you forgot to mention that there was always a kickback to those who brought in the Big Fish. It was not complete profit. If the stocks continue to fall, there maybe takeover attempts for it is very had to make the contacts and get through the bureaucratic mess of building in Macacu. Give Wynn a lot of credit, for his places have 95% occupancy. in Vegas he is packed. shows are sold out. You should of also mentioned that most analysis has changed for future pricing but they forget to tell you they were wrong before. So these analysts have a tendency to change their view points after the facts are submitted. Many thought Wynn go to 275 to 325 . It hit 245 to 250 a few months ago. at 175 to 180, trading at a 20 PE. Not that risky anymore. Same is true for LVS.
    Oct 12, 2014. 04:43 PM | Likes Like |Link to Comment
  • Las Vegas Sands: Macao Is Still The Growth Driver [View article]
    IF Sands Bethlehem only makes 27.5 million ebitda, why would anyone buy it for one billion. Price should be 500 million, for there are to many casino's in the USA, and competition is mounting. Investment return should be 5%. so 27 million ebitda suggests that if 500 million was borrowed at 5% cost would be $ 25 million, leaving only 2 million in ebittda. If interest rates rise to resell ti is impossible. Offer $ 375 million at most.
    Feb 1, 2013. 04:00 PM | 1 Like Like |Link to Comment
  • Las Vegas Sands Reports Stellar Profits From Macau [View article]
    Chinese are addicted to gambling, and really can not control this habit.

    Government of China should place a $ 100 entrance tax to all casino's to slow down the degeneration of the Chinese. Macau is doing 6 to 7 times the revenue of Vegas. Has legalized prostitution, exploitation, high interest rates to gamble more, and in other words Macau is doing more damage then good. Who is benefiting? China should try to slow this down with an entrance tax,
    Feb 1, 2013. 02:03 PM | Likes Like |Link to Comment
  • Wynn Resorts (WYNN): Q4 EPS of $1.17 misses by $0.08. Revenue of $1.29B (-2.2% Y/Y) beats by $20M. Shares +0.1% AH. (PR[View news story]
    Very strong numbers, good dividend. My feeling is that they should get rid of dividend and just buy back shares.
    Jan 31, 2013. 04:51 PM | Likes Like |Link to Comment
  • Wynn Resorts To Report 4Q2012 Results After Weak Las Vegas Sands Earnings [View article]
    Wynn is due for possibly a daily rise then a significant pull back, for Macau is getting overbuilt. They will have a harder time meeting last years eps and growth. Vegas is dead. Cash flow is in a down cash cow technical position. Unless they build in the Northeast look for sideways action. very few people want to fly to Vegas anymore . Very depressing place with overcharges without casino's comping meals or drinks.
    Jan 30, 2013. 06:35 PM | Likes Like |Link to Comment
  • Las Vegas Sands (LVS +0.5%) seeks to find a buyer for a Pennsylvania casino, according to a Bloomberg piece. The gaming company wants as much $1B for the property in Bethlehem which is the second largest casino in the state. [View news story]
    Any fool that would pay one billion when cash flow is not strong, is someone I would like to sell the Brooklyn Bridge to. Casino's are opening all over the place. Competition is intense, cash flow is declining in Vegas, Atlantic City, and Connecticut while new casino's are being built in and outside of Boston. Connecticut is dead if a new casino opens in or near NYC. Yonkers and Casino in Queens are doing record business. Hotel rates are down in Casino's, Food sales are boring to dull. Unless football betting is legalized, Atantic City will go bankrupt very soon. There is little to no growth in Bethlehem, so if rates rise after purchasing, the valuation will drop by 25%. I value the casino in Pennsylvania at 400 to 500 million for it is in a cash cow mode with little to no growth. Adelson may have a friend who owes him a favor to find a stupid buyer , but the cash flow does not support whisper price of one billion.

    Next negative coming for LVS is that Singapore government is getting greedy and wants more from Adelson's operation there.

    Macau is busy, but government of China will get greedy and come up with new donations that are legally needed.
    Jan 17, 2013. 02:54 PM | Likes Like |Link to Comment