Exchange: NASDAQ·Updated 07:38 PM EDT
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MLCO Melco Crown Entertainment Ltd.

$4.32
$0.06
(1.44%)
Today
Closed $4.23
$0.09
(2.13%)
After Hours
EarningsNov 5
Mkt Cap$1.61B
Vol1.95M

About MLCO

Melco Resorts & Entertainment Ltd. engages in the management and development of casino gaming and entertainment resort facilities. It operates through the following segments: City of Dreams, Studio City, Altira Macau, Mocha and Other, City of Dreams Manila, City of Dreams Mediterranean & Other, Other Operations, and Corporate & Other. The company was founded by Yau Lung Ho in December 2004 and is headquartered in Hong Kong.
36

Bearish Sentiment

How do you feel about MLCO?

BobStillSizzlin
$MLCO Wow Macau Studio City (MSC) trading at a 182 million valuation. They spent several billion to build those assets. Company has over $9B in debt, no chance of any activists investors getting involved do to majority ownership of visionary founder, and Larry Ho could let the common become worthless in MLCO and still retain his interest in the company through the parent’s ownership stake. None of the markets they operate in are doing well either right now.
1
peloswing
$MLCO multiple bottoms put in at the mid-to-high-$4S, dating back to 2022. Will history repeat itself again?
1
MikeBob15
$MLCO After Covid A.K.A. nuclear warfare... Time way to precsious to be wasting it in a Casino. That said I love a good time and a come up. This stock tempting here. One of the oldest stocks in China. Literal on this. The World and Consciousness is changing.
1
Glenderblender
$MLCO looks like a retest of 4.50s coming up. Can average down if your waiting patiently for a big spike
BobStillSizzlin
$MLCO You see just how much manipulation there is in stock market when this pumped to $14 and then to $10…. All the while it was for distribution of shares of a company that simply took on too much debt during Covid and has no realistic way of ever paying it down. Idk man…the $4’s seem cheap but I worry that with a controlling single visionary owner that is insulated through parent company, they may decide to wipe out the $2B claims common has against the company. If Ho can keep control and wipe out common, is it going to hurt or help him ultimately in the long run? I honestly don’t know the answer, so feel like it’s risky here, even at historical lows. They NEED to sell assets. Just a matter of which ones and at what price.
ArtVandaley
$MLCO I guess we need to wait until the end of the year for this to finally move up to and over $9

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