Summary of Macau Casinos PT's for 2014, Q3, Q2 & Q1

mrtaxx
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Summary of Macau Casinos PT's for 2014, Q3, Q2 & Q1 Oct 16, 2014 6:36:13 GMT -5 Blitz likes this

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Post by mrtaxx on Oct 16, 2014 6:36:13 GMT -5

BofA ML expects zero growth in Macau gaming revenue in 2015 and BofA/Merrill latest ratings and PT's.

BofA Merrill Lynch, 10/17/2014, in its latest research report, further lowered the 2015 Macau gaming revenue forecast from 8% growth to 0%. Meanwhile, the Macau October gaming revenue is estimated to fall 20% yearly, but the current stock price level in the gaming sector may have reflected the zero growth next year.

B of A/Merrill prior lower of Macau PT's was a month ago on 9/17/2014

The Bank updated the latest investment ratings and target prices for Macau gaming stocks as follows:

www.aastocks.com/en/stocks/news/aafn-news/NOW.632615/1

Stock / Investment Rating / Target Price (HK$)

SANDS CHINA LTD (01928.HK) Buy / $59.6->53.2
GALAXY ENT (00027.HK) Buy / $76.5->63.8
WYNN MACAU (01128.HK) Buy / $38.1->31.7
MGM CHINA (02282.HK) Buy / $33.1->30.6
SJM HOLDINGS (00880.HK) Buy / $22.8->19.4

Notice they are all BUY Price Targets

Union Gaming 10/17/2014 also decreased the Pt of Sands China, PT Unknown?

Last Edit: Oct 16, 2014 9:31:04 GMT -5 by mrtaxx

mrtaxx
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Summary of Macau Casinos PT's for 2014, Q3, Q2 & Q1 Nov 17, 2014 22:36:56 GMT -5

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Post by mrtaxx on Nov 17, 2014 22:36:56 GMT -5

In a research report, BNP Paribas updated the investment ratings and target prices for Macau gaming stocks. 11/18/2014
BNP prefers Galaxy and MGM. BNP doen't expect Macau Gaming to pick up until 3rd Q 2015

www.aastocks.com/en/stocks/news/aafn-news/NOW.638616/1

Stock / Investment Rating / Target Price (HK$)

GALAXY ENT (00027.HK) -1.100 (-2.062%) Buy / $84->61.9
MGM CHINA (02282.HK) -0.350 (-1.461%) Buy / $33.5->27.9
SANDS CHINA LTD (01928.HK) -1.300 (-2.746%) Buy->Hold / $76->49.1
SJM HOLDINGS (00880.HK) -0.140 (-0.903%) Hold / $26.5->16.12
WYNN MACAU (01128.HK) -0.600 (-2.135%) Buy->Hold / $39->28.95
Melco Crown (MPEL.US) / Buy->Hold / US$47->28.95
MELCO INT'L DEV (00200.HK) -0.680 (-3.438%) Buy->Hold / $33.2->17.75

mrtaxx
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Summary of Macau Casinos PT's for 2014, Q3, Q2 & Q1 Nov 25, 2014 6:02:46 GMT -5 Blitz likes this

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Post by mrtaxx on Nov 25, 2014 6:02:46 GMT -5

Stanchart cuts Casinos' targets by 29% average; top pick MGM CHINA (02282.HK) : 2014/11/25 13:58

Standard Chartered, in its latest research report, said Macau gaming sector is not plausible to get stabilizing in short term as the liquidity is still very tight. The mass gaming sector continued being hit by the anti-corruption campaign in the Mainland, and the high profitability may not be sustainable. The target prices for Macau gaming stocks were lowered by an average of 29%. The top pick of the sector is MGM CHINA (02282.HK) -0.350 (-1.474%) Short selling $17.07M; Ratio 15.336% .

Stock / Investment Rating / Target Price
GALAXY ENT (00027.HK) -0.550 (-1.024%) Short selling $91.18M; Ratio 22.538% / Underperform / Cut 31.1% to $43.2
MGM CHINA (02282.HK) -0.350 (-1.474%) Short selling $17.07M; Ratio 15.336% / Outperform / Cut 25.3% to $26
SANDS CHINA LTD (01928.HK) +0.100 (+0.215%) Short selling $60.40M; Ratio 12.436% / In Line -> Underperform / Cut 35.7% to $37.5
SJM HOLDINGS (00880.HK) -0.020 (-0.128%) Short selling $14.29M; Ratio 17.838% / Outperform -> In Line / Cut 36.1% to $16.05
WYNN MACAU (01128.HK) +0.200 (+0.762%) Short selling $26.46M; Ratio 23.466% / In Line / Cut 19.3% to $26.2
(Quote is delayed for at least 15 mins.Short Selling Data as at 2014-11-25 16:25.)

AAStocks Financial News
Web Site: www.aastocks.com

mrtaxx
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Summary of Macau Casinos PT's for 2014, Q3, Q2 & Q1 Nov 27, 2014 9:22:55 GMT -5 Blitz likes this

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Post by mrtaxx on Nov 27, 2014 9:22:55 GMT -5

G Sachs latest ratings & targets for Macau gaming stocks (Table): 2014/11/27 10:12

The latest ratings and target prices on Macau gaming stocks by Goldman Sachs are listed as follows:

Company Name (Stock Code) / Investment Rating / Target Price

SANDS CHINA LTD (01928.HK) Neutral from Buy $58.8->51.4
MGM CHINA (02282.HK) On GS Conviction list. best pick, Buy / $35->32.7
MELCO CROWN (06883.HK) Buy / $97.6->89.9
GALAXY ENT (00027.HK) Buy / $68.3->65.3
WYNN MACAU (01128.HK) Neutral / $34.2->31.5
SJM HOLDINGS (00880.HK) Neutral / $20.8->16

Last Edit: Nov 27, 2014 9:23:09 GMT -5 by mrtaxx