2008年10月19日星期日

關於美資公司既情況

大家可以睇睇:

Losses, debt may push MGM, Sands, Boyd closer to bankruptcy

節錄:
- 95 percent of your value unless someone is really getting nervous?" Eadington said. "There is only five percent to go and it is not a long way."

- Bill Lerner, managing director and gaming and lodging analyst for Deutsche Bank Securities in Las Vegas, said last week that he has received calls from serious investors concerned about bankruptcy risks for the three publicly-traded giants.

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"It doesn't make any sense to me but those are the types of questions we are getting from investors, the institutional, smart investor," Lerner said. "I don't agree with it for the publicly traded companies.

- "For Sands, MGM and Boyd, I think that is a concern. Because of the debt burden associated with all of the development in the pipeline, that these companies, in conjunction with the cyclical downturn, won't be able to finance their debt or service it."

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"MGM and Las Vegas Sands, more so, have big interests in the Macau market and the Macau market is not preforming to the level that Wall Street analysts and investors were hoping for," Alonso said.

- Stocks of MGM and Boyd stocks are listed as "hold" in the Standard & Poor's stock recommendations of Oct. 11.

- Las Vegas Sands is listed as "sell" with two stars by S&P.

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