Wynn Macau 1128

Re: Wynn Macau 1128

Postby winston » Thu Nov 08, 2018 1:11 pm

not vested

<Research Report>M Stanley: Wynn Mgmt Guidance Sees Slowing 4Q Biz Growth; Valuation Not Inexpensive

Morgan Stanley believed WYNN MACAU (01128.HK)'s valuation was not inexpensive, as the stock is currently trading at 15x -17x EV/EBITDA.

According to the management's 4Q guidance, WYNN MACAU will potentially deliver about US$3.3-3.7 million daily adjusted property EBITDA, down 10-20% QoQ and against consensus of a 5% QoQ growth.

WYNN MACAU was rated Overweight, with price target of $22.5.

Source: AAStocks Financial News
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Re: Wynn Macau 1128

Postby winston » Thu Nov 08, 2018 1:11 pm

not vested

<Research Report>M Stanley: Wynn Mgmt Guidance Sees Slowing 4Q Biz Growth; Valuation Not Inexpensive

Morgan Stanley believed WYNN MACAU (01128.HK)'s valuation was not inexpensive, as the stock is currently trading at 15x -17x EV/EBITDA.

According to the management's 4Q guidance, WYNN MACAU will potentially deliver about US$3.3-3.7 million daily adjusted property EBITDA, down 10-20% QoQ and against consensus of a 5% QoQ growth.

WYNN MACAU was rated Overweight, with price target of $22.5.

Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston
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Re: Wynn Macau 1128

Postby winston » Fri Nov 09, 2018 8:30 am

vested

Wynn Macau shares dive despite a 148 per cent jump in third-quarter profit

by Pearl Liu

Net profit for the Macau unit of Wynn Resorts in Las Vegas, reached US$223.5 million.

The company, which operates Wynn Macau and Wynn Palace, delivered US$1.31 billion in operating revenues for the three months through September, compared with US$1.09 billion in the same period in 2017. The increase was boosted by a 40 per cent jump in revenue at Wynn Palace.

Wynn Palace’s VIP turnover increased 13.4 per cent during the quarter, while that for Wynn Macau climbed 4.4 per cent.

Operating revenue growth at the two resorts helped offset a decrease of US$65.4 million from the parent company’s Las Vegas operations.

The two resorts in Macau have a total of 2, 714 guest rooms, suites and villas, as well as 697,000 square feet of space offering 24-hour gaming service.

Gross gaming revenue in Macau dropped by 17.3 per cent from the previous month to a one-year low of 21.95 billion patacas (US$2.72 billion) in September. Citigroup forecasts October gaming revenue to rebound to 28 billion patacas.

Source: SCMP

https://www.scmp.com/business/companies ... ter-profit
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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