play on macau

growth

Overwieght - Price 5.64 on Sept. 10
by JPMorgan

MPEL trades at 13.7 times, 12.4 times, and 6.2 times our 2008, 2009, and 2010 Ebitda estimates, respectively. We forecast 3Q Ebitda (post-corporate expense) of $51.5 mm and EPS of 3 cents. We [note] MPEL's strong position in the VIP gaming segment, the fastest-growing in...Macau; its exclusive relationship with a large junket consolidator; solid, underappreciated pipeline; a balance sheet [with] capital to fund the...pipeline, and tempered investor expectations...allow[ing] for upside surprises and out-of-the-gate results at new hotel-casino, City of Dreams, to open 2Q09. Market cap: $2.1 billion.

7.5

Shares of Melco PBL Entertainment could rise 50% or more as China indulges its love of gambling.

Macau Says No Dice to More Casinos
Macau officials are saying no to new game licenses and casinos, but reporter Nick Yulico says several casino companies that will benefit from this.

Click here to watch the video.

Gaming / New China

China Watch: Melco's a Moneymaker
Business is booming in Macau, but the recent IPO was a big disappointment. But investors can still hit the jackpot, says Patrick Schultz.

Click here to watch the video.

One of a kind

awsome casino w/ super high rollers

lost money

A Gambling nightmare

Going nowhere fast. Spending money on cost overruns faster than they will ever be able to recoup. May be a take-over soon by Steve Wynn or someone similar.

ouch!

growth

I sold in the house of pain

over building of casinos in Macao.

lots of hype with poor results

it's a dud