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The Company develops, owns, and operates casino gaming and entertainment resort facilities.
Gambling in the Asian market is a no brainer . MPEL supplies the best service.
Builds gambling casinos in Asia. More and more Asians are becoming wealthy, and they love to gamble.
Pure play in the Macau market with huge potential in the Phillipines
Overpriced at the moment!
Gambling x China...enough said. Only downside is possible regulatory crackdown in Mainland China. Still, there's lots of tourists from all over Asia. Few alternatives in region (Singapore, Philippines, maybe Japan one day).Melco also involved in P: http://www.theglobeandmail.com/report-on-business/macau-group-signs-600-million-philippine-casino-deal/article9843714/
I love hate this stock...Own it years ago, did nothing. Now it's on fire and hitting a 52 week high.
32% insider ownership, PEG of only 0.48 and a Quick Ratio of 1.58 make upfor some lousy looking charts.
I think it opening in the Philippines will push stock up.
I own MPEL in real life, with a cost basis around $7. This current dip has me excited, and I'm considering adding to my position. YES, there are some concerns around Chinese gov't restricting spend, visits, even length of stay to Macau. YES, revenue growth is slowing a bit in recent quarters.But it's only slowly. It's not stalling. It's not reversing. Chinese, like many Asian cultures, really like to gamble. MPEL is *the* major local player in the space, and benefits from having those local government inroads. They have a couple of really remarkable properties in Macau. The Cotai strip is the hot place to be gambling in the world. (Singapore is rapidly booming, but that's a different conversation)MPEL recently flirted with the $16 range, and so far I see no reason why LT it won't grow right on past that.
This is a buy and hold stock as they do currently have a relatively high P/E ratio this stock has growth written all over it and in its region will be the home favorite. Buy it and forget about it, you will not regret it.
Growth potential still very strong in Macau
My only sin stock, and it is based on Asian gambling money!
Macau is hot these days
A pure play on the ever-expanding Macau gaming sector. Already runs two casinos, and owns half of a third.
Largest gaming market and highest growth gaming environment and new mega resort in the pipeline MPEL has already faced and conquered the GFC, up and up from here...
Re-Upping after the pullback. Stock has been good to me for years.
Long term play
China casino license
In the long run gambling stocks will always outperform the market
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