1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Holly LaFon
Holly LaFon
Articles (7021) 

Mason Hawkins Comments on Melco International

August 13, 2013 | About:

Macau gaming company Melco International (HKSE:00200) was the top contributor to performance in the second quarter and for the first half, returning 10% and 50% respectively. Melco had strong visitor growth and increased margins in its Macau casinos as the more profitable mass market continued to outgrow VIP guests. The company completed the successful IPO of its Philippines business in the quarter. We trimmed the position as price appreciated, but the stock remains well below our appraisal.

From Mason Hawkins' semi-annual 2013 report.


Rating: 3.7/5 (3 votes)

Comments

Please leave your comment:


GuruFocus has detected 7 Warning Signs with Melco International Development Ltd $HKSE:00200.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

User Generated Screeners


pwhite444Longterm consistent rev
depfa01Insider volume
jlhpersonalJason's Net-Net + JAK + Intrin
BoubaNCAV EY DE
pbarker46Proj. FCF
pbarker46Median PS
pbarker46EPV
vinsandhuSchiller ASIA
emadvafaEmod Pick 2
vinsandhuSchiller EURO
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK