THE M3: PAC ON; GALAXY CINEMAS

The Macau Metro Monitor, October 26, 2011

 

 

PAC ON TO BE MACAU'S MAIN FERRY TERMINAL Macau Daily Times, Intelligence Macau

According to the Infrastructure Development Office (GDI), the new Taipa Ferry Terminal will be completed in 2Q 2013 and have a capacity of 15MM passengers a year.  It will be the territory’s main maritime border crossing, Chan Hon Kit added.  When asked if the Taipa temporary ferry terminal (Outer Harbor Ferry Terminal) would be totally destroyed, GDI coordinator Chan Hon Kit said, " The temporary Pac On facilities will be important for the future construction of the permanent terminal. The equipment will be used in the new infrastructure."  Chan Hon Kit added there is still no decision on the future role what will be of the Outer Harbour Ferry Terminal, whose control the government is set to take back in December 20. 

 

According to IM, the closure of the old ferry terminal would impact the Golden Dragon casino (SJM-owned), Fisherman's Wharf, and Sands Macao.  IM says if Sands Macao gets pinched, it will make a big dent in the parent's profits.

 

GALAXY MACAU CINEMAS TO OPEN ON DECEMBER 15 Macau Business

The cineplex includes nine 3D-capable screens and up to 1,000 seats.  It was also announced that Galaxy Square will open alongside UA Galaxy Cinemas on December 15.  The 2,100-square-metre square will have a 19-meter-high atrium that can accommodate a stage and red carpet events, giant-size LED walls, a broadcast studio and a covered limousine drop-off area at the main entrance.



Another French Revolution?

"Don't be complacent," writes Hedgeye Managing Director Neil Howe. "Tectonic shifts are underway in France. Is there the prospect of the new Sixth Republic? C'est vraiment possible."

read more

Cartoon of the Day: The Trend is Your Friend

"All of the key trending macro data suggests the U.S. economy is accelerating," Hedgeye CEO Keith McCullough says.

read more

A Sneak Peek At Hedgeye's 2017 GDP Estimates

Here's an inside look at our GDP estimates versus Wall Street consensus.

read more

Cartoon of the Day: Green Thumb

So far, 64 of 498 companies in the S&P 500 have reported aggregate sales and earnings growth of 6.1% and 16.8% respectively.

read more

Europe's Battles Against Apple, Google, Innovation & Jobs

"“I am very concerned the E.U. maintains a battle against the American giants while doing everything possible to sustain so-called national champions," writes economist Daniel Lacalle. "Attacking innovation doesn’t create jobs.”

read more

An Open Letter to Pandora Management...

"Please stop leaking information to the press," writes Hedgeye Internet & Media analyst Hesham Shaaban. "You are getting in your own way, and blowing up your shareholders in the process."

read more

A 'Toxic Cocktail' Brewing for A Best Idea Short

The first quarter earnings pre-announcement today is not the end of the story for Mednax (MD). Rising labor costs and slowing volume is a toxic cocktail...

read more

Energy Stocks: Time to Buy? Here's What You Need to Know

If you're heavily-invested in Energy stocks it's been a heck of a year. Energy is the worst-performing sector in the S&P 500 year-to-date and value investors are now hunting for bargains in the oil patch. Before you buy, here's what you need to know.

read more

McCullough: ‘My 1-Minute Summary of My Institutional Meetings in NYC Yesterday’

What are even some of the smartest investors in the world missing right now?

read more

Cartoon of the Day: Political Portfolio Positioning

Leave your politics out of your portfolio.

read more

Jim Rickards Answers the Hedgeye 21

Bestselling author Jim Rickards says if he could be any animal he’d be a T-Rex. He also loves bonds and hates equities. Check out all of his answers to the Hedgeye 21.

read more

Amazon's New 'Big Idea': Ignore It At Your Own Peril

"We all see another ‘big idea’ out of Amazon (or the press making one up) just about every day," writes Retail Sector Head Brian McGough. "But whatever you do, DON’T ignore this one!"

read more