Wynn Macau: Diversification Into Premium Mass Market Segment And Positive Macro Trends Make The Stock A Buy [Seeking Alpha]
WYNN MACAU LTD UNSP/ADR (WYNMY)
NASDAQ:AMEX Investor Relations:
en.wynnmacaulimited.com
Company Research
Source: Seeking Alpha
Seeking Alpha | Services China Wynn Macau: Diversification Into Premium Mass Market Segment And Positive Macro Trends Make The Stock A Buy Nov 19, 2019 9:05 AM ET About: Wynn Macau, Limited (WYNMY) Includes: by: Silenda Investments Long/short equity, Growth, growth at reasonable price, hedge fund manager Summary We anticipate the company is well-positioned to take advantage of the increased number of visitors in Macau over the next couple of years Wynn Management has expansion projects in the pipeline, which will contribute to the company's growth of non-gaming and premium mass-market revenues We rate a buy for Wynn Macau with a target price of HKD 2260 Introduction In this article, our first on Wynn Macau (HK:1128) or (OTCPK: Macroeconomic dynamics (Source: IMF Report According to the IMF, Macao’s economy achieved a real GDP growth rate of 47 percent in 2018 or down 500 bps y/y However, a decline was primarily driven by a revenue slowdown of the VIP business segment, which has b
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