[美股]【LVS 交流专区】拉斯维加斯金沙集团 Las Vegas Sands Corp

daniel888

=DJ UPDATE: Las Vegas Sands: Not Siphoning Profits From Independent HK Unit
(Adds quote from Sands China executive, background on former chief executive, Singapore operations)
By Kate O'Keeffe
Of DOW JONES NEWSWIRES

15/09/2010 20:41 - HONG KONG (Dow Jones) Las Vegas Sands Corp. (LVS) Chairman Sheldon Adelson stressed the independence of the company's Macau operations, telling a Hong Kong audience the U.S.-listed company isn't trying to cannibalize the unit's profits.

"We have independent directors here in Hong Kong--and believe me, they are independent," Adelson said in a speech at the CLSA Investors' Conference. "They speak their mind and I'm very glad they do."

Adelson, chairman of Las Vegas Sands and Hong Kong-listed Sands China Ltd. (1928.HK), was speaking Tuesday at an event closed to the media. Dow Jones Newswires heard a recording of the speech Wednesday.

The comments by the gambling mogul come just weeks after he had a high-profile fallout with Sands China former chief executive Steve Jacobs, who was let go from his post in July, according to people familiar with the situation.

Sands China, 70.3%-owned by Las Vegas Sands, operates three casinos in Macau, including its flagship Venetian Macao. Las Vegas Sands mainly operates casinos in the U.S., where gambling revenue has been stagnant. The parent also operates the new US$5.5 billion Marina Bay Sands casino resort in Singapore.

Las Vegas Sands' influence on its highly profitable unit appears to have grown in recent months since Sands China's board said in July it had terminated Jacobs.

The relationship between Adelson and Jacobs grew strained as the latter wanted to retain the autonomy of Sands China and was unwilling to involve Las Vegas in the day-to-day operations of the Macau casinos, said people familiar with the matter.
Some of them said Adelson at one point proposed Sands China's expansion project in Cotai be run out of Las Vegas, but Jacobs was able to talk him out of the idea.

Las Vegas Sands didn't immediately return calls seeking comment.

Adelson's reassurance of Sands China's independence from its parent also comes as the Macau unit hosts nearly 40 executives from Las Vegas Sands this week for a series of management meetings.

That's the largest group of Las Vegas-based executives to visit the Macau operations since the 2007 opening of the Venetian Macao, a Sands China executive told Dow Jones Newswires.

Sands China has since appointed Las Vegas Sands' Chief Operating Officer Mike Leven as acting chief executive and named a chief operating officer and chief casino officer, both of whom were previously based in the U.S., among various other management changes. It said last month its over-US$4 billion expansion project in Macau would be delayed until the fourth quarter of 2011 due to a labor shortage.

Adelson said in the speech that Las Vegas Sands wasn't attempting to cannibalize the profits of its Macau unit by driving patrons to Singapore, where the company acknowledges it is competing with a fiercer-than-expected rival: Genting Singapore's (G13.SG) Resorts World Sentosa.

Given the pressure to improve performance in Singapore and the readily available source of gamblers who already frequent Sands China's properties, casino executives in Macau have expressed concerns that Las Vegas Sands could use Sands China's resources to bolster the parent company's Singapore operations.

"I want Sands China to be as successful as Las Vegas Sands is," Adelson said. "No bank or any investor has ever complained that I've cannibalized, that I've shifted profits from one to the other."

Adelson also said he was open to Las Vegas Sands teaming up with Sands China to capitalize on future expansion opportunities in Asia. But didn't clarify whether a partnership in Japan--where he said the company could open two huge casino resorts if the government legalizes gambling--would be a possibility.

Adelson added Las Vegas Sands will change its name to Sands International or Sands Resort International at its next board meeting "to reflect more that we're not just in Las Vegas."

PBBANK-O1

大家好。好久沒見。。。

Q3報告，LVS 的新加坡業務很大可能會帶來震撼性的業績。。。

MPEL Q2 revenu ...
napster 发表于 22-8-2010 01:34 AM

    Q3報告几时公布懂吗？

daniel888

=DJ HEARD ON THE STREET: Eastern Promise For Las Vegas Sands
23/09/2010 06:09   
   By John Jannarone
   A DOW JONES COLUMN

Leaving Las Vegas usually pays off.

That's even true of casino giant Las Vegas Sands, which apparently made the decision to diversify away from the Strip just in time. Back in 2006, when Vegas was booming, Sands won rights to build a multibillion-dollar casino in Singapore, where gambling was previously forbidden. Not long after, investors began to panic over Sands' leverage and exposure to Vegas, at one point leaving its shares down 99% from their 2007 peak.

But the gamble on the equator has begun to pay off. Sands shares have more than doubled this year, with much of the gain coming since April's opening of the Singapore casino. Based on July's figures, the Marina Bay Sands casino is earning an annualized $1 billion of earnings before interest, taxes, depreciation and amortization. That has helped boost consensus 2011 Ebitda estimates for the whole company to $2.4 billion, from $1.7 billion a year ago.

The house odds in Singapore are tough to beat. Sands and local operator Genting Singapore have exclusive rights to operate two casinos on the island for 10 years without competition. Genting Singapore is earning even more, putting the pair on track to be the world's two most profitable casinos next year.

The early success reflects more than novelty value. History shows gamblers in the region tend to stick to their habits, through thick and thin. Casino operator Genting Malaysia has operated in the country bordering Singapore for decades, and yet that casino still saw gambling revenue continue rising between 2004 and 2009 at a 15% annualized rate.

Singapore has other advantages. The country has spent decades developing travel, business and tourist infrastructure. That has apparently helped Singapore attract gamblers from places like China, even though the gambling Mecca of Macau is much closer. Chinese visitors rose 63% from a year earlier in July, says Singapore's tourism board.

Of course, there is a risk the Singapore government will introduce rules that stifle the casino business. The government is keen to limit crime rates and gambling addiction among its citizens. But locals only account for a few percentage points of gambling revenue, so even an outright ban on gambling by locals wouldn't be a catastrophe.

The greater risk is a sharp economic slowdown that crimps regional tourism. But Sands deserves extra points for its Singapore diversification, which may account for half its profit next year. Rivals Wynn Resorts and MGM Resorts International have made progress in Macau, where competition is fierce. J.P. Morgan's Joseph Greff estimates Sands has an enterprise value of 13.9 times 2011 Ebitda, compared with 11.1 times for Wynn and 12.5 times for MGM.

While it's tempting to choose the cheaper stock, Sands' growth potential is worth the extra chips.

(John Jannarone is a reporter for Heard on The Street. He most recently was a reporter covering capital markets in Singapore. He can be reached at 212-416-4261 or by email at john.jannarone@wsj.com)

葉芬

http://daytradingstockblog.blogs ... ber-27-2010_24.html

Las Vegas Sands Corp. (LVS)  - Shares of Las Vegas Sands Corp. hit another 52 week high on Friday. I continue to think Las Vegas Sands is a short and I feel this stock will eventually trade below $30 again.

ng33

做个 record    ..........    LVS    35.10      

巨大的西瓜

做个 record    ..........    LVS    35.10
ng33 发表于 28-9-2010 08:02 AM

    再次创新高....................

Orochimaru

LVS 这几天都是 新高呀.
我后悔USD24 时卖了1200UNIT.
谁还有这个股?

巨大的西瓜 发表于 19-8-2010 07:46 PM

醬我應該要撞牆了， USD5.80賣掉 {:2_73:}

巨大的西瓜

醬我應該要撞牆了， USD5.80賣掉
Orochimaru 发表于 28-9-2010 07:11 PM

    USD 5.8? 几时de? 52week low also 12.95 liaw la.
usd 5.8 1 n half year ago liaw lo..

victan

走勢不錯....好像根本沒有要回調的意思. 大家對他在新加坡的業績都很有信心.
我買的價錢是在24.XX.  

葉芬

恭喜LVS股東們，財源廣進。

daniel888

注：以下图表是专为参考，我没有特别的利益。请谨慎交易。



注：图表分析使用最后交易日: 10月1日

PolisDiRaja

恭喜LVS股東們，財源廣進。
葉芬 发表于 29-9-2010 02:59 PM

  我买的MPEL走势不知会不会像LVS呢。。。。

葉芬

我买的MPEL走势不知会不会像LVS呢。。。。
PolisDiRaja 发表于 5-10-2010 12:44 PM

別說是全像，有像一半的走勢都很不錯了。

daniel888

MPEL 图表去 *** 美国股市图表走势 ***

ng33

Record     37.10   .

ng33

Record               38.62

葉芬

不知 40 會不會是她的 Resistance。
期待著。

葉芬

每天都創新高。

真是厲害。

巨大的西瓜

USD 40 liaw ......贵? still up o.....
wait usd100. u still say this 贵ma?

葉芬

USD 40 liaw ......贵? still up o.....
wait usd100. u still say this 贵ma?
巨大的西瓜 发表于 13-10-2010 02:41 PM

我在等她回調。
應該這次是不會讓我久等。

Short Term Indicators
7 Day Average Directional Indicator	Buy
10 - 8 Day Moving Average Hilo Channel	Buy
20 Day Moving Average vs Price	Buy
20 - 50 Day MACD Oscillator	Buy
20 Day Bollinger Bands		Hold
Short Term Indicators Average:	80% - Buy

Medium Term Indicators
40 Day Commodity Channel Index	Buy
50 Day Moving Average vs Price	Buy
20 - 100 Day MACD Oscillator	Buy
50 Day Parabolic Time/Price	Buy
Medium Term Indicators Average:	100% - Buy

Long Term Indicators
60 Day Commodity Channel Index	Buy
100 Day Moving Average vs Price	Buy
50 - 100 Day MACD Oscillator	Buy
Long Term Indicators Average:	100% - Buy

Overall Average: 96% - Buy

Price Support Pivot Point Resistance 39.00 37.38 38.89 40.40