Las Vegas Sands (LVS)

Discussion in 'Stocks' started by fencerd4, Mar 18, 2009.

  1. Daal

    Daal

    How do you think they will cope with their debt rollover?
     
    #21     Mar 23, 2009
  2. Baron

    Baron ET Founder

    Well. Let's see.

    They have 2 billion in cash, plus an additional half a billion in new profit as a result of cost cutting.

    In addition, they have a new casino opening in May which will be generating more cash, and they have another one opening at the end of the year in Singapore that will be adding to the bottom line as well.

    The fact that this stock is heavily shorted makes this play even better. When it starts making a significant move to the upside .... watch out.
     
    #22     Mar 23, 2009
  3. Daal

    Daal

    IIRC these casinos have a debt schedule of something like $1b every year for quite a while, you are expecting a refi?
     
    #23     Mar 23, 2009
  4. Cutten

    Cutten

    The best way to play potential bankruptcies is usually in the bonds, not stock, of the potential bankruptcy candidate.
     
    #24     Mar 23, 2009
  5. Baron

    Baron ET Founder

    LVS is on fire today :D
     
    #25     Mar 24, 2009
  6. was there any particular news that got it going?
     
    #26     Mar 24, 2009
  7. Agreed.
     
    #27     Mar 24, 2009
  8. Baron

    Baron ET Founder

    Supposedly LVS is going to buy back $800 million in term loans.

    In regards to the bankruptcy comments, I don't believe this company is anywhere near that level.
     
    #28     Mar 24, 2009
  9. what is the earliest that someone would hear that news, and with what news product? just doing a quick check of scottrade DJ newsfeed (admittedly not a professional level product) I see that news hit the wires at 2:54pm, after the move in the stock had already happened


    by the way Baron, what is your target price? I'm thinking of getting in but waiting for pullback
     
    #29     Mar 24, 2009
  10. Baron

    Baron ET Founder

    Not sure, but keep in mind that this is a heavily shorted stock, so it won't take much good news (or rumors) to send it higher quickly.
     
    #30     Mar 24, 2009