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The Company develops, owns, and operates casino gaming and entertainment resort facilities.
A great time to pick up shares. Slow down in Macao was way overblown and their expansion into the Philippines. Also a good chance that the japanese legalize casinos. See strong growth for the rest of the year. Wouldn't be surprised if this stock hits 50.
Any company that can be matched against Bershire must have great potential. I'm very new to the investing scene, still my sentiments stand!
A pure Asian play on gambling. Asians love to gamble.
Outperform the S$P 500 by far over the next 12 months!
Owned it sold it, it will go up from here!
People are ready to spend a little more on entertainment again after 7-yr mini pseudo-depression that felt like real thing... and perception is reality.
Outperform in Macau and Philippines in near future.
The major true Chinese player in Macau - a fast-growing market. Also expanding throughout other parts of Asia.
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.
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
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