Jul

14

Quick look into SJM’s public IPO filing

Filed Under Macau, Macao, Wall Street, SJM | Leave a Comment

We’ve all read quite a bit over the past days, weeks, months and years(?) about the SJM IPO. There was some good stuff in the press, although it seems like the headlines were more about whether or not SJM can pull the IPO off, or can Winnie derail it, rather than the juicy details of the company’s actual operations. I want to know what the new competition has done to SJM, what are the company’s plans, what are its risks, etc. What has been really surprising to me is that we really have not seen this type of reporting in the press. Read more

Jul

10

Welcome #6

Filed Under Macau, Macao, SJM | Leave a Comment

With Winnie out of the way, it looks like SJM will have its stock listed next week on the HK Stock Exchange, making it the sixth and final of the six Macau casino concessionaires to be a public company.  This will give us all one more public company to scrutinize and should answer some of the burning questions we’ve had, like how has SJM fared with the opening of all the new casinos Read more

Jul

8

Macao casino companies looking for billions

Filed Under Macau, Macao, Las Vegas Sands, SJM | Leave a Comment

The two Macao heavyweights, SJM and LVS, have been in the market looking for billions of dollars.  First, LVS is trying to secure a loan to help finance the remaining construction on its Cotai Strip® project.  This seems to be new news since I could only really find one article on it.  Second, everyone knows SJM has recently been talking to potential investors to try and pull off its IPO, and now it looks like it finally got done.  Unfortunately Read more

Jun

23

SJM IPO looks to be a go

Filed Under Macau, Macao, SJM | Leave a Comment

Recent press reports are saying that Stanley Ho’s SJM launched the marketing of its IPO today. The company hopes to raise up to US$654 with the stock planned to start trading July 10th. This has been a long time in coming so lets hope it gets done. Im sure we would all love to have another public company to follow.

Jun

13

SJM IPO Part II…or is it Part III?

Filed Under Macau, Macao, SJM | Leave a Comment

To be honest, ive lost track of how many times SJM has been rumored to try and pull off an IPO. With the recent restrictions in Macau making life easier for the current casinos and putting a halt to future competition, maybe things will go smoother this go around. Although, if you take a look at the recent stock Read more

Mar

1

Interview with SJM Executive

Filed Under Macau, Macao, SJM | 1 Comment

SJM will launch its IPO sooner or later - right?  This is worth checking out to learn more about this private company.  Warning - its 10 minutes long. Read more

Feb

4

Ponte 16 casino complex opens in Macau

Filed Under Macau, Macao, SJM, Sofitel Macau at Ponte 16 | 3 Comments

Ponte 16From Xinhua News Agency
The five-star Ponte 16 casino resort opened on Friday, bringing the total number of casinos in Macao to 29, which also saw local gaming magnate Stanley Ho rally its strength to fight the flooding-in Las Vegas gaming companies for market share.

The integrated resort was jointly developed by SJM (Sociedade de Jogos de Macao) S.A., owned by local gaming magnate Stanley Ho, and Macao Success Limited. It features 105 gaming tables and 300 slot machines, and a hotel run by the French luxury Read more

Jan

15

SJM IPO pushed back

Filed Under Macau, Macao, Wall Street, SJM | Leave a Comment

Reuters reports:

Macau tycoon Stanley Ho’s casino flagship, which had hoped to begin marketing a US$1 billion IPO on Tuesday, has pushed back the launch to address a regulator’s query, people briefed on the matter said.

No further details were available on when Sociedade de Jogos de Macau Holdings (SJM) would begin its investor roadshow. The sources said the company had received a request from Hong Kong’s Securities and Futures Commission for a procedural clarification.

Jan

13

Stanley Ho’s SJM IPO

Filed Under Macau, Cotai, Wall Street, SJM | 3 Comments

I dont know about you, but i’m pretty excited. After all the speculation on how Stanley Ho’s casino empire is doing, we’re finally going to find out. SJM has announced its IPO, which will provide all of us a look into how SJM has fared over the past several years post the new Macau competition.

The deal, which is expected to price before February 7th, will offer up to US$1 billion of equity to the public, or about 25% of its outstanding shares. So Ho will still be the majority shareholder and be the one running the show. Read more

Jan

7

Goodbye Hotel Lisboa

Filed Under Macau, Macao, SJM, Hotel Lisboa | 3 Comments

Looks like the Cotai Strip® is bringing even the biggest and the best of the old-guard to its knees. BlogMacau.info has two informative posts on the demise of the Hotel Lisboa: Read more

Dec

1

SJM IPO

Filed Under Macau, Cotai, Wall Street, SJM | Leave a Comment

Dr. Stanley Ho is making another attempt at an IPO for his casino company SJM in hope to raise about US$1 billion.  Almost two years ago, Dr. Ho attempted do IPO a stake in his company for about twice that amount.  The Wall Street Journal reports:

“When SJM, Macau’s largest casino operator in terms of gambling revenue, unveiled its IPO plan in Read more

Jun

6

Summary of Cotai casino companies

Filed Under Macao, Cotai, Las Vegas Sands, Melco PBL, Wall Street, COMPANIES, Wynn, Galaxy, SJM, MGM & Pansy Ho | Leave a Comment

Stumbled across this blog entry that I thought you guys could find useful.  A nice analysis of the companies involved in developing the Cotai casinos.

Here it is:  CNAnalyst.com

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