Friday, July 06, 2012 4:00:30 AM
URGENT, COMPANY VALUATION IF LICENSE REVOKED
Now, tell me this boyz...what is the company worth if Macau revokes its license and seizes their land/casino?
Google LVS Bribery.
Google China Estate Holdings
How can they make payments on their Bonds? SO they default, what happens to equity holders? They get toasted!
See this excellent report calling into question the revenue of Macau as a whole...
http://www.scribd.com/doc/98672837/IHS-Research-Report-Macau
Now, tell me this boyz...what is the company worth if Macau revokes its license and seizes their land/casino?
Google LVS Bribery.
Google China Estate Holdings
How can they make payments on their Bonds? SO they default, what happens to equity holders? They get toasted!
See this excellent report calling into question the revenue of Macau as a whole...
http://www.scribd.com/doc/98672837/IHS-Research-Report-Macau
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