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Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 47,791
Originally Posted by jyl View Post
LVS has always been the casino stock you buy for exposure to Macau. Heíll get a higher valuation as a pure play on his Macau operations, and should probably dual list in the Chinese or HK exhanges. Of course, we will then have a politically powerful US billionaire under the thumb of the CCP.

As for the Strip operations, I would think this is the time to buy rather than to sell, under the general principle of buying when things look the darkest. But maybe he has too much debt to survive. I havenít owned LVS stock in years so havenít paid any attention.
You continue to be under the impression that the game has npt changed since 08. A return to the pre 08 normal.

What you do not take into considetation is at what cost that seeming normal costs. From 11T to 28T in debt, a FED balance sheet from 800B to 7.1T and Interest rates near zero for the forseeable future. With all of the worlds Central Banks doing the same thing. More to come..
Old 11-01-2020, 01:15 PM
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