Sands China Strikes Big

Posted: January 29, 2013 in Uncategorized

media commentary

by:  Scott Henry

As Envisaged, Sands China Positioned To Benefit From Mainland China

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Investors rush in to push Sands China share price up since Jan 2013.

It is envisaged that by mid year its share price will hit HK$50 price target.

The change over of China premiership in March this year will be another booster to Macau enclave, further releashing much liquidity into its gaming industry. VIP gaming will benefit from the trend while mass gaming will sustain through high volume drive.

Sands China has over the last 8 years gained tremendous operating experience in the S.A.R. (Macau). It also demonstrates great ability in casino floor management and winning efficiency. Unlike Galaxy Entertainment, Sands is poised to grow its pie bigger in Macau.

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In contrast, Singapore IR casinos are hitting a “softwall”, with much limitions for grow due to its stringent casino regulatory regime.

Recommendations:

Sands China  –  strong buy
Galaxy Ent     –  hold
Wynn Macau –  buy

Genting Singapore  –  sell

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