Opinions
Mark Grammer
Wynn Macau Ltd
1128-HK
BUY ON WEAKNESS
Jul 10, 2014
N/A
Stock price when the opinion was issued
Consumer Products
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
The whole Macau gaming sector has been selling off of late, partly because of fears of a slowdown in China, and partly because they have had really good runs, so it may be a bit of a technical selloff. There have been a few missteps with the VIP and the junkets. Longer-term he sees gaming in Macau growing, but you might want to wait for a better entry point.