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0.25% $12.09 crown resorts limited

Ann: Crown Acquires Ownership Interest in Nobu, page-3

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  1. sergeant
    4,270 Posts.
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    02/11/15
    08:22
    Post #: 16304874
    I don't think the Nobu announcement is relevant really. 20% of 32 restaurants worldwide which generate rude amounts
    of cashflow, I presume. (I went to Nobu in Melbourne the other day and almost had to take out a mortgage to pay the bill for 4 of us!!)
    MPEL was up again on Friday (2%). It looks like the hedgies are still short CWN, but at some stage they will have to cover, especially if CWN's Asia exposure (through MPEL) continues to rise, on top of sharp VIP growth in Australia (as reported at AGM).
    CWN Price at posting: $11.46 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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