Close LVS cause I realized they have earnings report on Wed, 20 Oct
Was researching about the stock over the weekend
Initially disliked and regretted it
But later after some pondering
thought that it is actually ok
dislike it cause they have 5 properties in macau
and 1 in Singapore, MBS
China may regulate it, and I already got exposure to NIO
which is also under the risk of China policies
also, the founder passed away
I saw him in a video with LKY
and it was one small factor why I want to own it
but I liked it more
after thinking, if all the casinos close only and left MBS
it generates 2 bil pre covid
market cap of LVS is 30 bil
in other words, the PE ratio is 15 if only left MBS
and I also visited and like MBS
and they have alot of cash
6 bil from selling their Las Vegas property
I read somewhere they will use around 4 bil on MBS
lets see what happens after earnings, and I might enter again
No comments:
Post a Comment