Melco Crown Entertainment (MPEL)

Technically it made a tripple bottom on a 6 month chart,Moving averages are trying to converge.P/s Ratio is actually better than that of LVS and WYNN,both direct competiters.LVS sand IPO coming out will also give boost 1st stop $5 which is approx 18% return .I expect hold time between 30-60 days

This is one "craptacular" stock... bought it at 7.15.. Stock does not follow with it's sector.. what's going on with this stock?

Looks like an experienced crew setting up for when the economy booms! Chinese will come to gamble in droves.

simple, fool-the chinese love to gamble. so do i

China is under-rated when it comes to Capitalism. With Capitalism comes success ... then money ... then blowing some (or all) of it just for kicks.

With the recession on its way put. gambling will be on its way in..

http://www.melco-crown.com/eng/main.php

if this doesn't impress, nothing will.

Other than that, owner is the son of old time gangster who necessarily had to have strong political connections. In current Chinese business environment, political connections give them 10 times the advantage of other casino owners.

Forget the balance sheet for now. Debt is high but that pays for the new casino, City of Dreams, open(ed?) June 1. Two of the owners are among their biggest debtors. Any improvement in the economy will improve the balance sheet.

If the economy is truly on the way back (I believe so) the influx of visitors will increase along with it. Macau has easy access to 1/3 of the world's population and a big chunk of them are heading to Macau instead of stagnant Las Vegas.

Only two choices, either this will become the biggest sin investment in the world, or they will bankrupt. I'm betting on sin.

Gaming Entertainment marches on! As more legal venues open, more customers will visit. "If you build it (COD), they will come."

The opening of the resort will make alot of money its a new trade for the area adding 7,000 jobs

Let's gamble a bit here.

I anticipate that a chinese recreational stock should go up in the future. Lots of those chinese are starting to get some money and gambling is the perfect business. People just give casinos their money.

look at the debt to equity........compared to other casino stocks.........the stock is not dependent on junkets like Vegas............and a brand new casino in Macao

Currently lacking income, but its equity is worth more than current market cap. Couple in a booming population and the adage "if you build it, they will come" -- this is getting a thumbs up.

What do people do when the economy is down and they are depressed? Go Gambling! That cliche is more true in Asia than in the US and this company is set to profit from the situation. IMHO this stock should outperform for the next 3 years at least.

Watch when construction bleeding stops. Already stealing market share from wynn and sands,without new city of dreams.

Wow $2 and some change for a Macau casino operator. I'm loving it!!! True, it sounds bad right now that Vegas foot traffic has decrease greatly and Casino in Vegas is hurting badly. However, in Macau I believe will be better than ever in a couple years. First, China population is a lot larger than the U.S. Secondly, Chinese people love gambling and China has about 2 trillion dollars to pump back to the economy unlike our U.S. counterpart which need to raise more debt to pump money into our economy. Finally, China restriction travel to Macau will eventually be lifted or loosen up if they realized the growth in Macau has decreased substantially. I believe Melco has a lot of potential especially after their most recent earning report was relatively good compare to the other casino operators in Vegas.

it is now underrated

This is a casino in Macau that is facing a lot of regulations and competition from other Las Vegas casino. I'm not sure what is really going on with their new project (they supposedly opened a new casino in 1st quarter of 09), but apparently people are too broke to gamble right now.

Even with the new Chinese stimulus package, I don't think that package is designed to help out casinos. It is true that the company has a lot of cash in hand, and they probably have more freedom to invest in new projects than say Las Vegas Sands ... however, this economic crisis is a global crisis, and people will feel a lot of pain for years

Will double within 6 months