CWN 0.25% $12.09 crown resorts limited

CWN is on the skids! Why? It's simple: China's crackdown on...

  1. 4,056 Posts.
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    CWN is on the skids!

    Why? It's simple: China's crackdown on multiple fronts-not just gambling, corruption, money laundering-is biting hard as highlighted above.

    And will continue to do even more so into 2017 and beyond.

    Barangaroo Project will simply not fly. Unless, of course, Packer wants to lose more millions if not billions.

    There are more "plans afoot" by China Inc. and President Xi Jinping in 2017.

    Alas, the lights are out at CWN when it comes to China knowledge, experience and ability to interpret the seen and unseen moves. The past twelve months has proven it; the next will simply reinforce it!

    DYOR
 
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