Melco Resorts and Entertainment Ltd (MLCO)

[golfndude]

$37's up

[golfndude]

Another 52 week @ $36.62

[golfndude]

$36's

[golfndude]

$35.64 pre market .. C'mon $40

[golfndude]

$35 up

[golfndude]

$35 next

[golfndude]

$34.10...... This has been easy $$$

[golfndude]

$33.50 another 52 week high ... Next stop $40?

[golfndude]

Another 52 week high ... Ho hum

[golfndude]

It appears we will gap up and begin the march into the $30's today!!

[golfndude]

$30 ... Called it !!

[golfndude]

$29's

[golfndude]

$27's

[MCArmel1]

Melco Crown Entertainment GAAP EPS of $0.33, beats on revenue
Melco Crown Entertainment (MPEL): Q2 GAAP EPS of $0.33.Revenue of $1.29B (+38% Y/Y) beats by $0.08B. (PR)

http://seekingalpha.com/currents/post/1201782?source=email_rt_mc_readmore

[golfndude]

$26's

[golfndude]

52 week high ... $30 coming by end of summer IMO.

[MCArmel1]

Oppenheimer walks away from a meeting with management at Melco Crown (MPEL +0.6%) convinced the casino operator can continue to improve table yields and boost its penetration rate in Mainland China. Though the short-term outlook looks good, the long-term view is also promising with Japan and Taiwan sitting as two potentially-attractive markets for the company. The investment firm maintains MPEL at an Outperform rating along with the $30 price target on shares.

http://seekingalpha.com/currents/post/1085142?source=email_rt_mc_readmore

[MCArmel1]

Oppenheimer initiates coverage on Melco Crown (MPEL +1.4%) with an Outperform rating and $30 price target on enthusiasm that the company's pipeline of new casino projects will appeal to the mass market. Of the six casino operators in Macua, Melco Crown has the highest blended mass table yield.

http://seekingalpha.com/currents/post/1057651?source=email_rt_mc_readmore

[MCArmel1]

Nomura increases its estimate for 2013 Macau gaming revenue to 15% growth from a previous forecast calling for a 13% gain. Estimates for the calendar year from investment firms carry a little more weight now with the revenue haul from Golden Week and the Chinese New Year factored in more accurately. The revised forecast is positive for Macau-sensitive stocks such as Melco Crown (MPEL), Las Vegas Sands (LVS), MGM Resorts (MGM), and Wynn Resorts (WYNN).

http://seekingalpha.com/currents/post/1025831?source=email_rt_mc_readmore

[golfndude]

Looks good .... Ready for $30!!

[MCArmel1]

Melco Crown Entertainment (MPEL): Q1 Earning per ADS of $0.24 in-line. Revenue of $1.14B beats by $0.02B. (PR)

http://seekingalpha.com/currents/post/1008331?source=email_rt_mc_readmore

[MCArmel1]

Analysts are already out with early estimates for gaming revenue in Macau for May. Wells Fargo sees a 13% to 17% increase to potentially pass the $3.75B mark - to easily beat the sub-$1B Vegas casinos will bring in. Naturally, the news is of interest to Melco Crown (MPEL -1.4%), MGM Resorts (MGM -0.5%), Las Vegas Sands (LVS +0.3%), Wynn Resorts (WYNN +0.5%) with every passing month seeing a higher percentage of the group's total revenue Macau-based.

http://seekingalpha.com/currents/post/1005281?source=email_rt_mc_readmore

[golfndude]

Another 52 week high today.

[golfndude]

52 week high coming IMO !!

[MCArmel1]

Invest In Melco Crown Before New Macau And Philippines Casinos Open



http://seekingalpha.com/article/1361631-invest-in-melco-crown-before-new-macau-and-philippines-casinos-open?source=email_rt_article_title

Back in June of 2012, I recommended buying shares of Melco Crown (MPEL) due to its future casino in the Philippines. Since that recommendation, shares are up 109%. For investors who didn't get in at that time, I believe there is plenty of growth for Melco in the short and long term from the Philippines and a new casino in Macau.

Melco Crown will fund a private placement of 1.1 billion shares totaling $377 million. This much needed cash infusion will help Melco's planned $600 million first phase investment in the Belle Grande Manila Bay expected to open in the Philippines in 2013.

A joint venture from Melco and SM Investments, Belle Grande, will be the second of four planned casinos in the Philippines. Solaire, which opened in March of 2013, was the first casino in the region that is hoping to grow like Las Vegas and Macau once did.

Belle Grande will have 920 rooms. This compares to only 500 rooms from Solaire. Belle Grande will also cater more to VIP and high-roller casino players. This is a market that Melco has helped dominate in Macau.

Back in Macau, Melco owns one of only six casino licenses. The company operates two casinos and has a promising third one on the way. Studio City is on track to open in the middle of 2015. The third casino in Macau from Melco is located close to the Lotus Bridge, giving it a prime location on the popular strip. Melco shares have increased significantly since the launch of its first two casinos. The addition of Studio City will greatly impact shares and 2013 provides a good time to get in before Studio City revenue comes in.

Despite avian flu worries, Macau traffic is up and analysts are raising their tone on the region. Recently both Fitch and The Economist raised their overall growth numbers for the region. Fitch expects Macau growth of 11% from the previous year. The Economist is slightly less bullish with growth of 9.7% predicted for 2013. The Economist does however see double digit growth happening in 2014 with a projected target of 13.7%.

In the fourth quarter, Melco saw revenue increase 9% to $1.1 billion. The company's EBITDA hit $247.5 million in the quarter, a record for the company. Earnings per share came in at $0.20. In the fourth quarter, Macau casinos City of Dreams and Altira made up the majority of revenue. Here is a breakdown of the company's revenue:

City of Dreams $772.5 million revenue ($695.9 million), rolling chip volume increased 15% to $23.5 billion. Non-gaming revenue increased 11% to $64.4 million. Occupancy increased 96% vs. 92% last year. Average daily rates increased 7% to $189 from $176.
Altira $281.7 million revenue ($268.0 million), non-gaming revenue increased to $8.6 million, a 6% increase from the prior year. Occupancy increased to a near perfect 99% vs. 98% last year. Average daily rate increased to $228, a significant increase from last years $196.
Mocha Clubs reported fourth quarter revenue of $35.3 million. The company has over 2000 machines now, an increase from 1800 last year.
One of the most important announcements from the fourth quarter was the re-financing of debt. Melco paid off $600 million in notes that had a 10.25% rate on them. The company priced $1 billion in senior notes with a rate of 5.0% to lower annual interest payments. The notes also gave Melco some cash towards its new casino projects.

Shares of Melco Crown could reach new fifty two week highs any day with shares above $23.00. I don't see shares slowing down anytime soon with the new projects in both the Philippines and Macau. Melco was one of the first stocks I recommended on Seeking Alpha and shares are up 60% since that time. I continue to believe in the long term growth of this international casino company.

[MCArmel1]

That would be great.. riding free shares here.. GLTY

[golfndude]

$30 by summer? I believe so

[golfndude]

Much needed thank you SV!!

[Stevenvegas]

Sounds good bud have a great time!

[golfndude]

Heading to Bahamas until the 12th I promise I will on return!

Make some $$$$$$ while I'm away ok ?

[Stevenvegas]

yes a lil bit lol. Well done. pop into chat sometime. We be bankin

[dmoskowitz]

Melco Crown (MPEL) Offices Raided, Authorities in Taiwan Freeze Funds!

PACKER CAUGHT UP IN ASIAN CASINO RAID


cycleofstructurednonsense.blogspot.com/2013/01/melco-crown-mpel-offices-raided.html

The banks and their upgrades in the last few days is a real sign of desperation IMO. By march this puppy should start to have some supply on her I imagine.

[MsCoffeenut333]

on the move :)

[dmoskowitz]

Here is a report that calls into question whether the gambling numbers in Macau are total BS. It also shows the connection Melco has to Sino Forest via Stanley Ho, and many other issues and serious problems.

Bad News for the Hedge Funds Marketing this puppy.

http://www.scribd.com/doc/98672837/IHS-Research-Report-Macau

[golfndude]

This stock has been a $$$$ train

[Qwikprofit]

Get on board the $EGT gravy train....will gap open at 3.50 by May 9. Up 60% this month. Check it out! Thank me later :)

[SnoBlower]

Wow. Doing pretty darn well. Im thinking this will cap at 14.10-14.20 and head back down until summer.

[SnoBlower]

Im guessing a ceiling at $14.00 and then a fall back to 11-12$ within the next week. Unless we get some bizzare world new thats been seeming like a trend. Then. $8-9.

[Silvr Surfr]

IMO around $13.15. Buy below $10.

[SnoBlower]

This has been a consistent ride up the past 8 weeks. Wonder when its going to take a correction.

[Silvr Surfr]

MPEL explosive trade.

[marirstk]

Why EGT is going to go up? Here is my another reason why?

Also why i am posting here because EGT is a subsidiary of MELCO Crown (MPEL) - owns approximately 40% of EGT.


EGT's major source of revenue comes from Naga World. . EGM's contribute a major share of Naga World's business. Are you getting my message?

Naga World trades under the ticker 3918.HK. This stock has doubled in last 6 months. So you can see where i am coming. Naga World business is booming. So EGT's revenue from Naga world is booming too. It's a revenue sharing deal (25% of revenue goes to EGT). So the results are going to be great in the months and quarter's ahead.

Naga World Ticker

About Naga World:

Today, NagaWorld® is recognized as the finest integrated casino-hotel in Indochina, rivalling top Southeast Asian and world-renowned casinos. With a multi-faceted 8-storey wing dedicated to entertainment, the spirit of adventure is effervescent in the exquisitely themed public gaming halls, karaoke lounges and gaming machines. The combined offering of more than 500 luxurious Deluxe Rooms and plush Suites in the 14-storey Hotel Wing and a dedicated spa, you will enjoy lavish comforts and an invigorating time of discovery that extend beyond the norm.

[marirstk]

EGT - A Pressure Cooker about to break out to 1+ dollar . A MELCO (MPEL)Subsidiary.

EGT - New Casino's Ground Breaking Pictures.

[marirstk]

EGT is paying down the 9+ million dollar in debt starting july 2011 and will be 0 dollars in debt by end of 2012. Don't you think so that the book value should go up by 9+ million dollar as the debt goes to zero. The management has done every possible right step to right the company in the right direction.

New casino licenses have been acquired which are difficult to acquire in the cambodia and thailand areas. Naga World , the prime revenue source is growing quarter after quarter.

Phillipines PAGCOR revenue sharing agreement reached recently (35%) is a huge plus which was not reflected in last quarter results. The next quarter will reflect those numbers. The new casino's - KAMPOT and Palin CAPEX has been already spent from the cash flow. The profit is yet to be materialized. So the above positive factors are not being reflected in the current price. EGT traded at these levels 3 years back when there was not even a positive EBITDA/quarter. Revenue was not even 16 million dollars 2.5 years back.

So i strongly believe EGT is about to launch higher above the 3 year base to 1+ dollar in the next 1-3 months when the new casino's are going to be opened.

Good luck to all your investments.

The revenue has been stabilizing around 24-26 million dollars/year.
EBITDA has been 1+ million dollar approximately /quarter.

[marirstk]

GlobeTrade... You are a genius. I appreciate your work. EGT is a sure shot winner. This time EGT is taking out the 3 year base for the good and we get 1+ dollar soon.

EGT should trade at a premium compared to other OTC, bulletin boards and Pink sheets. This is genuine, well managed casino company. This micro cap is a subsidiary of MELCO Crown and will be soon taken over by MPEL (MELCO Crown). Once the news break out.. this stock will fly. The rumors are already circulating about the impending buy out of EGT with MPEL.

This EGT stock can easily gap up 200-300% very easily when demand comes in.

EGT is way undervalued and has 14+ million dollar in Cash. 1+ million dollar in cash flow/month. This is trading at 30 million dolalr market cap.

Paying down the debt and should be way down from past 9+ million dollar in debt to 5 million dollar by now. This is a stellar cash flow machine and is continuing to milk.

26 million dollar in revenue/year.

So do the math now. This stock is trading at very low valuation. Buyers are already accumulating this stock left and right at cheaper prices. Once the momentum picks up, this will fly.

Get on board.. before the EGT leaves the station.

[Stream205]

EGT: Entertainment Gaming Asia. 40% MPEL owned.


Well worth doing dome DD on EGT.

They are about to open their own casinos in addition to being a gambling products supplier to the big casinos.

http://finance.yahoo.com/news/Entertainment-Gaming-Asia-bw-2053540426.html?x=0

[MsCoffeenut333]

I figured this board would be blowing up! GO MPEL

[eastunder]

Melco Crown Down More Than 10% On Excess Macau Supply?

http://www.forbes.com/sites/afontevecchia/2011/11/10/whats-wrong-with-melco-crown-down-more-than-10-on-excess-macau-supply/?partner=yahootix

Operated by the son of the legendary Stanley Ho, Melco Crown Entertainment posted third quarter earnings before the bell on Thursday, beating on both the top and bottom line but seeing its stock drop more than 10% in early trading in New York.

Melco Crown earned a record $113 million in the third quarter, on a GAAP basis, up from $15.8 million in the third quarter of 2010. In a per share basis, the company run by Lawrence Ho earned 21 cents, well above Wall Street’s consensus estimate of 16 cents a share.


Trefis Team
Contributor The company saw adjusted EBITDA surge 76% to $240.3 million in the third quarter. In the press release, Melco Crown’s management noted the increase in profitability was due to continued and sustained improvements in gaming and non-gaming operations across all operating segments.

Net revenue surged 45% to $1.1 billion, topping estimates of $964 million on a strong performance by Melco Crown’s strongest properties: Altira Macau, Mocha, and City of Dreams. The company derived 94% of its revenues from its casino operations, about 4% from its hotel operations (rooms and food and beverage) and the remaining portion from entertainment, retail, and other segments.

Mr. Lawrence Ho, Co-Chairman and Chief Executive Officer of Melco Crown Entertainment, commented, “I am delighted to announce another quarter of record Adjusted EBITDA and net income for our Company, representing the ninth consecutive quarter of sequential improvement in hold-adjusted EBITDA. These results build on the significant achievements delivered through the first half of 2011 and demonstrate our ability to deliver sustained high-quality results, with strong company-wide performance across all segments, despite the introduction of additional supply in the market.”

Ho also said “in relation to our previously announced proposed dual-listing on the Hong Kong stock exchange, we continue to work through the necessary steps with the relevant Hong Kong regulators, while at the same time monitoring the market conditions to ensure we maintain full flexibility as it relates to our capital structure.”

Melco Crown took a big hit after its earnings, despite posting solid increases in earnings and revenue, much like competitor Wynn. Las Vegas Sands was the star of the sector in the third quarter, its stock surging after posting results. MGM Resorts, another casino and hotel operator, fell on Thursday as well.

The problem with Melco’s earnings, which is actually a problem that affects Macau in general, is inflated expectations. Growth at Macau has been so strong, with October revenues growing about 40% year-over-year, that markets “may begin to take [it] for granted”, according to Nomura’s equity analysts. Morningstar’s Chad Mollman believes Melco’s beat was based on an abnormally high win rate at its major casinos, rather than underlying fundamentals, suggesting that in an adjusted basis, Melco actually missed expectations. With the development of Macau occurring at such a rapid pace, it is possible that the introduction of additional supply in the market, along with a novelty effect, drives higher gaming revenues that in the medium run are unsustainable.

Shares in Melco Crown took a beating, though. Opening well in the red, the stock kept on falling through the New York morning, and by 11:11 AM was trading down 11.2% or $1.22 to $9.68.

[eastunder]

Melco Crown Entertainment Limited reported net income above Wall Street’s expectations for the third quarter.

Melco Crown Entertainment is a holding company which, through its subsidiaries, develops, owns, and operates casino gaming and entertainment resort facilities focused on the Macau market.

http://finance.yahoo.com/news/Melco-Crown-Entertainment-wscheats-3167059925.html?x=0&l=1

Melco Crown Entertainment Earnings Cheat Sheet for the Third Quarter

Results: Net income for the resort and casino company rose to $113.3 million (21 cents per share) vs. $15.8 million (3 cents per share) in the same quarter a year earlier. This marks a substantial increase from the year earlier quarter.

Revenue: Rose 45.1% to $1.06 billion from the year earlier quarter.

Actual vs. Wall St. Expectations: MPEL beat the mean analyst estimate of 19 cents per share. It beat the average revenue estimate of $963.6 million.

Quoting Management: Mr. Lawrence Ho, Co-Chairman and Chief Executive Officer of Melco Crown Entertainment, commented, “I am delighted to announce another quarter of record Adjusted EBITDA and net income for our Company, representing the ninth consecutive quarter of sequential improvement in hold-adjusted EBITDA. These results build on the significant achievements delivered through the first half of 2011 and demonstrate our ability to deliver sustained high-quality results, with strong company-wide performance across all segments, despite the introduction of additional supply in the market.”

Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past five quarters. Over that span, the company has averaged growth of 58.8%, with the biggest boost coming in the fourth quarter of the last fiscal year when revenue rose 92.9% from the year earlier quarter.

The company has now beaten estimates the last two quarters. In the second quarter, it topped expectations with net income of 13 cents versus a mean estimate of net income of 11 cents per share.

Looking Forward: Analysts appear increasingly optimistic about the company’s results for the next quarter. The average estimate for the fourth quarter has moved up from 10 cents a share to 16 cents over the last ninety days. The average estimate for the fiscal year is 42 cents per share, a rise from 32 cents ninety days ago.

Competitors to Watch: Melco Crown Entertainment Ltd. , Wynn Resorts, Limited , MGM Resorts International. , Las Vegas Sands Corp. , Century Casinos, Inc. , Ameristar Casinos, Inc. , Asia Entertainment & Resources Ltd. , Trans World Corporation (TWOC), Riviera Holdings Corp. (RVHLQ), and Pinnacle Entertainment, Inc .

[eastunder]

MPEL: Q3 EPS 21c vs 3c Beats 16c Est

Thursday , November 10, 2011 08:02ET

QUARTER RESULTS
Melco Crown Entertainment Limited (MPEL) reported Q3 results ended September 2011. Q3 Revenues were $1,056.00M; +45.26% vs yr-ago; BEATING revenue consensus by +9.59%. Q3 EPS was 21c; +600.00% vs yr-ago; BEATING earnings consensus by +31.25%.

Q3 RESULTS      Reported      Year-Ago     Y/Y Chg      Estimate    SURPRISE 
 ----------  ------------  ------------  ----------  ------------  ---------- 
 Revenues:     $1,056.00M      $726.98M     +45.26%      $963.63M      +9.59% 
 ----------  ------------  ------------  ----------  ------------  ---------- 
 EPS:                 21c            3c    +600.00%           16c     +31.25% 
 ----------  ------------  ------------  ----------  ------------  ----------

http://www.knobias.com/story.htm?eid=3.1.d51c7fcb3487d29dc1b24798d62f3a75adf5fbcf63184c7b6f4ade98a5d1b700