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The Macro Show Replay | June 4, 2015

 


MACAU JUNE CONF CALL: FRIDAY AT 1PM

Takeaway: Research Topic: Who has the most to lose in an increasingly imbalanced supply demand environment over the next two years?

We will host a conference call on Friday, June 4 at 1PM ET to discuss the latest Macau data, our outlook on the market and the stocks and the presentation of a new, original research topic.

 

 

RELEVANT TICKERS INCLUDE:

LVS, WYNN, MGM, MPEL, 0027.HK, 1128.HK, 1928.HK, 2282.HK, 6883.HK, and 0880.HK.

 

 

DISCUSSION POINTS

  • Details behind May GGR 
  • Discussion of base mass trends
  • The impact of Mass re-classifications
  • Revised 2015 monthly market projections
  • Hedgeye company EBITDA estimates vs the Street (LVS, WYNN, MGM, MPEL, and Galaxy Entertainment) 
  • Who has the most to lose in the increasingly imbalanced supply demand environment over the next two years? 

 

CALL DETAILS

Attendance on this call is limited. Ping  for more information.

 


June 4, 2015

June 4, 2015 - Slide1

 

BULLISH TRENDS

June 4, 2015 - Slide2

June 4, 2015 - Slide3

June 4, 2015 - Slide4

June 4, 2015 - Slide5

June 4, 2015 - Slide6

 

BEARISH TRENDS

June 4, 2015 - Slide7

June 4, 2015 - Slide8

June 4, 2015 - Slide9

June 4, 2015 - Slide10

June 4, 2015 - Slide11
June 4, 2015 - Slide12


Daily Trading Ranges

20 Proprietary Risk Ranges

Daily Trading Ranges is designed to help you understand where you’re buying and selling within the risk range and help you make better sales at the top end of the range and purchases at the low end.

EVENT: YELP SHORT Best Idea Update Call (TODAY)

Takeaway: Join us on TODAY, June 4th at 1:00pm EDT as we update our bearish thesis and assess the M&A landscape.

EVENT: YELP SHORT Best Idea Update Call (TODAY) - YELP   invite 2

We will be hosting an update call to our SHORT Yelp (YELP) Best Idea.  YELP's business model is unsustainable, and is already breaking down.  Further, a new major red flag has emerged, which we believe is what prompted YELP to shop itself.  However, we don’t believe YELP will find a buyer.

    

Join us on TODAY, June 4th at 1:00pm EDT as we update our bearish thesis and why we see an additional 35%+ downside from here.

 

 

KEY TOPICS WILL INCLUDE  

  • Extreme Attrition Rate: Overwhelming majority of customers are churning off annually.
  • Insufficient TAM: YP.com is not the low-hanging fruit, it's a pipe dream.
  • New Major Red Flag: The story is going to turn much sooner, and get much uglier, than we initially expected
  • Is There a Buyer? Assessing the M&A landscape in terms of both ability and willingness of potential suitors

 

CALL DETAILS

  • US Toll Free:
  • US Toll:
  • Confirmation Number: 39913335
  • Materials: CLICK HERE

 


 

Hesham Shaaban, CFA

@HedgeyeInternet 

 


REPLAY | Avian Flu Thought Leader Call with Dr. Thomas Elam

Takeaway: 45 million birds have been lost to date

Thank you for those you were able to make the call today.  We wanted to provide those who did not have a chance to tune in, to listen to what we learned about the Avian Flu today. Please click on links at the bottom of the page to listen or view the presentation.

 

Key Takeaways:

  • This flu is not giving up easily, we need to see a week or two of no new reports to be confident we are near the end.
  • To-date producers have lost 25% of breaker egg supply.
  • New record high prices are being set for turkey meat and eggs.
  • Could take as long as 12-24 months for industry to return to normal.

 

Audio Replay: Click Here

 

Presentation: Click Here


REPLAY | Avian Flu Thought Leader Call with Dr. Thomas Elam

Takeaway: 45 million birds have been lost to date

Thank you for those you were able to make the call today.  We wanted to provide those who did not have a chance to tune in, to listen to what we learned about the Avian Flu today. Please click on links at the bottom of the page to listen or view the presentation.

 

Key Takeaways:

  • This flu is not giving up easily, we need to see a week or two of no new reports to be confident we are near the end.
  • To-date producers have lost 25% of breaker egg supply.
  • New record high prices are being set for turkey meat and eggs.
  • Could take as long as 12-24 months for industry to return to normal.

 

Audio Replay: Click Here

 

Presentation: Click Here


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