Las Vegas Sands: Undervalued Due To Majority Family Holdings

Summary

  • Las Vegas Sands Corp. shares tend to inch up rather than spike as do many of its peers when bullish news breaks, but dip more when bearish outlooks rule.
  • If the company is to expand using dominant equity, Sheldon Adelson's widow will have to consider to start selling off equity.
  • Chinese New Year is days away, providing the first indication if post-zero covid pent-up demand is real. Las Vegas Sands Corp. will disproportionately benefit if the masses begin to arrive.
  • Looking for a helping hand in the market? Members of The House Edge get exclusive ideas and guidance to navigate any climate. Learn More »

Deluxe Hotel and Casino Resort in Macao

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Above: The Venetian Macau poised and ready if Chinese New Year indicates a beginning to a sustained recovery. Las Vegas Sands Corp. controls 12,000 rooms in the city.

Above: Last August, LVS began its price recovery largely based on positive trends

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This article was written by

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Howard Jay Klein has 30 years of experience as an executive and consultant in major casino operations. His background includes: Ballys, Trump Taj Mahal, Mohegan Sun, and Caesars Palace in Las Vegas. He is a value investor first, using management quality to inform his investment ideas. Howard is the leader of the investing group The House Edge where he shares actionable research for investing in the casino, online betting and entertainment industries. His intelligence network is extensive throughout the US gambling and entertainment sectors from customer facing employees, to mid-management to csuite senior managers and boards.

His model portfolio is reviewed monthly.

Features of include: actionable analysis on gaming companies, news and interpretation for the latest trends in gaming, a regular newsletter, buy-sell-hold or accumulate recommendations, chat. Learn More.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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