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.
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