Macau Property Opportuni... Share Discussion Threads

[don muang] 16/6/2006 16:19

Grippa.... looks like the Vietnam Holdings IPO went ahead yesterday. Epic is (unsurprisingly) VNH. Issue price was $2.00. Towards end of second day of trading it's at $2.03/2.10.

[don muang] 14/6/2006 18:21

The management of LDC seem to have unlimited energy as they seem to be constantly visiting areas for 'hands-on' visits. Can only hope the management of MPO are equally energetic (even though Macau isnt too big !!).

[grippa] 14/6/2006 17:26

Don...I cant believe I hadnt heard about LDC before...it seems to have everything i am looking for all rolled into one. And the report definitely seems to be very bullish for the longterm as you say...I think i might be picking up a few LDC in the next few days. tks for the tip

[don muang] 14/6/2006 09:30

grippa... having first hand experience of markets crashing in '87 in UK and '97 in Thailand, then I exited several of my more potentially volantile shares fairly early on.

My long term far east holdings I kept along with about half my alternative energy / renewables stuff. And last week added MPO (as good long term potential) and EIIB (good medium term potential after its post IPO fall). Reasonably happy with my rebalanced portfolio given possible volatility ahead.

Have you checked out LDC - report out today confirms great long term potential - and given present sentiment the share price is well below its year high.
And it's an interesting play as regards Vietnam, Mongolia, and China Energy/Renewables

[grippa] 14/6/2006 08:43

yes still in all my stocks. For better or worse i make the decision to buy for the longterm and then hope i dont get spooked out of them by market noise, and look to buy more if they get to very cheap prices. Thats the theory anyway. Have seen all gains for the year wiped out and then some, so not to happy at the moment but must stick with it. Certainly wont be selling VOF before $10 at least.

[don muang] 13/6/2006 17:13

Yes, was going to post something on the VOF board after your message there but hadn't gotten round to it.

Despite recent falls I'm still upbeat as regards some far east stocks. Hence I'm remain holding MPO, VOF, LDC and RCG.

Presume you're still in VOF and VNL?

[grippa] 13/6/2006 16:26

Ah...I thought we had a new visitor to the VOF thread...but alas its still only two of us! thanks for the above info.

[don muang] 13/6/2006 12:28

Hi again ... Grippa. (I've changed from Krish... to Don M... as it was easier to reregister with advfn than trying to change some contact details with them)

Don't know too much about the company behind the fund. Originally saw mention of the proposed fund about six weeks ago on the RCG thread.
Reasonably impressed that under present market conditions they went ahead with the float as planned fully placed. So would appear the managers / most institutional investors are in for the long term. Price has remained steady. As they now have 'cash' then hopefully they should be in a good position to make some good value investments.

As managers are based in the region it seems they are aware that the mainstream casino's are already 'fairly' priced - hence they're looking for niche investments - they're not just jumping in and hrowing money at an existing bandwagon.

Longterm then China plus Gambling equals Megabucks. So if MPO can take advantage of the opportunity in Macao then I'm happy to hold.
Despite various sells at 99p since float then the bid price hasn't fallen - so can only presume the MM's are 'happy' to hoover up stock for a specific reason.

[grippa] 13/6/2006 11:58

Hi krishall...saw your post on Mpo on Vof thread and here for a look. Macau has been on my radar screen for quite some time due to the potential from the huge casinos being built and already running. I have followed it through companies like Las vegas sands and Wynn in the states. Packer in Australia paid a whopping $900m for a concession from Wynn to operate a casino in macau so values are pretty high but should hopefully go higher. Both companies shares are up hugely due to the massive appetite the chinese have for gambling and once the chinese government roll out the amount of people allowed to visit macau each year prices and profits should go through the roof just like they have in Vegas. What do you know of the campany behind this fund? are they well known?

[don muang] 10/6/2006 05:38

It seems relatively good for this fund at the end of the first week. The placing went ahead and was fully subscribed - not an insignificant achievement in the present market. Then despite negative market and real estate sentiment during the week, the fund remained around its issue price.

There have been plenty off 99p transactions (sells) in large chunks yet the share price remained stable. Only reason I can think for this is that MM's are happy to accumulate as they have a definite buyer/s.

[krishall] 08/6/2006 07:38

no responce from anyone.... therefore this'll probably be my last post on this board for the time being:

Hong Kong sealers said properties were hardest hit this morning, led by Sino Land with a 3.52 pct fall and New World with a 3.48 pct drop.

So presume Macau 'property' is down as well - So that's actually 'good' news for MPO as they're loaded up with 'cash' and should be able to take advantage of better value investments once they start utilising heir funds.

[krishall] 05/6/2006 19:31

PS.... Anyone else out there monitoring this?

[krishall] 05/6/2006 19:28

Wiganer... thanks for starting the thread.

Nice to see the placing raised the full amount. So a good sign that institutional investors consider it still has good potential - especially as price remained around the issue price - a good achievement considering the present market sentiment toward emerging markets and the fall in property shares in China.

I passed up buying into VinaLand after the IPO as it opened at more than a 15% premium. However, during today decided to buy some MPO. As they've got cash then they should be able to do some lucrative deals. Obviously it won't go shooting up but I'm look for an excellent long term performance that'll well outperform the 'general' market.