THE M3: WYNN COTAI; MACAU & S'PORE VISITATION DATA

The Macau Metro Monitor, April 25, 2012

 

 

STEVE WYNN 'HOPEFUL' OF COTAI LAND GRANT NEXT WEEK Macau Business

Steve Wynn says he is “hopeful” that the company’s Cotai land grant could be in place by next week when he is in Macau.  Wynn says he will be in Macau for a number of reasons, one being a meeting with the government.  


MONTHLY BREAKDOWN OF PASSENGER MOVEMENTS Changi Airport Group

Changi Airport passenger traffic grew 15.3% in March.  For 1Q 2012, visitation grew 12.9% YoY.

 

THE M3: WYNN COTAI; MACAU & S'PORE VISITATION DATA - changi

 

MARCH MACAU VISITOR ARRIVALS DSEC

Visitor arrivals totaled 2,349,703 in March 2012, up by 7.3% YoY.  In the first quarter of 2012, visitor arrivals increased by 7.9% YoY to 6,942,320.  The average length of stay of visitors decreased by 0.1 day YoY to 0.9 day.  Visitors from Mainland China increased by 15.4% YoY to 1,447,564, with those traveling to Macau under the Individual Visit Scheme rising by 10.9% to 555,876.

 

THE M3: WYNN COTAI; MACAU & S'PORE VISITATION DATA - macau

 

 


Did the US Economy Just “Collapse”? "Worst Personal Spending Since 2009"?

This is a brief note written by Hedgeye U.S. Macro analyst Christian Drake on 4/28 dispelling media reporting that “US GDP collapses to 0.7%, the lowest number in three years with the worst personal spending since 2009.”

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7 Tweets Summing Up What You Need to Know About Today's GDP Report

"There's a tremendous opportunity to educate people in our profession on how GDP is stated and projected," Hedgeye CEO Keith McCullough wrote today. Here's everything you need to know about today's GDP report.

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Cartoon of the Day: Crash Test Bear

In the past six months, U.S. stock indices are up between +12% and +18%.

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GOLD: A Deep Dive on What’s Next with a Top Commodities Strategist

“If you saved in gold over the past 20 to 25 years rather than any currency anywhere in the world, gold has outperformed all these currencies,” says Stefan Wieler, Vice President of Goldmoney in this edition of Real Conversations.

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Exact Sciences Up +24% This Week... What's Next? | $EXAS

We remain long Exact Sciences in the Hedgeye Healthcare Position Monitor.

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Inside the Atlanta Fed's Flawed GDP Tracker

"The Atlanta Fed’s GDPNowcast model, while useful at amalgamating investor consensus on one singular GDP estimate for any given quarter, is certainly not the end-all-be-all of forecasting U.S. GDP," writes Hedgeye Senior Macro analyst Darius Dale.

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Cartoon of the Day: Acrophobia

"Most people who are making a ton of money right now are focused on growth companies seeing accelerations," Hedgeye CEO Keith McCullough wrote in today's Early Look. "That’s what happens in Quad 1."

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People's Bank of China Spins China’s Bad-Loan Data

PBoC Deputy Governor Yi says China's non-performing loan problem has “pretty much stabilized." "Yi is spinning. China’s bad-debt problem remains serious," write Benn Steil and Emma Smith, Council on Foreign Relations.

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UnderArmour: 'I Am Much More Bearish Than I Was 3 Hours Ago'

“The consumer has a short memory.” Yes, Plank actually said this," writes Hedgeye Retail analyst Brian McGough. "Last time I heard such arrogance was Ron Johnson."

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Buffalo Wild Wings: Complacency & Lack of Leadership (by Howard Penney)

"Buffalo Wild Wings has been plagued by complacency and a continued lack of adequate leadership," writes Hedgeye Restaurants analyst Howard Penney.

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Todd Jordan on Las Vegas Sands Earnings

"The quarter actually beat lowered expectations. Overall, the mass segment performed well although base mass lagging is a concern," writes Hedgeye Gaming, Lodging & Leisure analyst Todd Jordan on Las Vegas Sands.

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An Update on Defense Spending by Lt. Gen Emo Gardner

"Congress' FY17 omnibus appropriation will fully fund the Pentagon's original budget request plus $15B of its $30B supplemental request," writes Hedgeye Potomac Defense Policy analyst Lt. Gen Emerson "Emo" Gardner USMC Ret.

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