TVB - Whitewash Musings
The despatch of Television Broadcasts Ltd (511 HK)'s Offer Document has been delayed thrice since TLG’s "bid" failed to materialise.The last two...
784 Views
Crown Resorts Sells Down More of Its Melco Crown Stake; FVE Unchanged
We see the reduced exposure to Melco Crown as a positive as it reduces exposure to the volatile Macau gaming market and an uncertainty around...
212 Views
Negative Near-Term Read-Throughs from the Detainment of Crown Resorts' Marketing Executives in China
Eighteen sales and marketing executives at Crown Resorts were reported as being detained in China, likely due to illegally soliciting Chinese to...
5.7k Views
Melco (200 HK): Nearing Setup Levels
Melco hold a 38% stake in the Macau (and now Philippine) gaming company Melco-Crown (MPEL).This stake is worth HK$12.97/share vs Melco’s current...
227 Views
Crown: All Eyes on Sydney & Vegas Post Macau Sell Down
Crown's recent sell down of MPEL pushes significantly greater focus on the existing Australian operations and provides greater balance sheet...
189 Views