MPEL’s operations include City of Dreams, Altira Macau, Mocha Clubs and Taipa Square Casino. The Company’s Development Project includes Macau Studio City Project. City of Dreams City of Dreams, an integrated resort development in Macau, features a casino area of approximately 420,000 square feet with a total of approximately 400 gaming tables and approximately 1,300 gaming machines. The resort brings together a collection of brands, such as Crown, Grand Hyatt, Hard Rock and Dragone for the visitors from around Asia and worldwide. As of December 31, 2010, Mocha had 1,576 gaming machines in operation, representing 11% of total machine installation in the market.
I am looking to towards the earnings growth on the order of 40-45% over the next 3 years as a major catalyst. The company is backing this up with outstanding execution and getting noticed from both industry and non industry vantage points. Additionally I feel that MPEL is a potential takover bid for one of the larger operators in the space. See below for a chart...
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