Sands China Ltd’s Stock Price Plummets to New Lows
Sands China Ltd’s stock price has hit rock bottom, and it’s not just a minor blip on the radar. The company’s shares have taken a nosedive, plummeting to their lowest point in recent memory. But is this a sign of things to come, or a buying opportunity in disguise?
The company’s decision to redeem its 2025 notes has led to the delisting of these securities, a move that has left investors reeling. But despite this setback, a research report by Citi is predicting a 6% increase in Macau’s gaming revenue for the second half of 2025. And get this - Sands China Ltd is being rated as a buy.
But don’t just take Citi’s word for it. JPMorgan is also forecasting a 4-7% year-over-year increase in June’s gaming revenue, with Galaxy Entertainment and MGM China being top picks. It seems that the market is sending a mixed signal, with some analysts predicting a downturn and others seeing opportunity.
Here are the key takeaways:
- Sands China Ltd’s stock price has hit an all-time low
- The company has redeemed its 2025 notes, leading to the delisting of these securities
- Citi is predicting a 6% increase in Macau’s gaming revenue for the second half of 2025
- JPMorgan is forecasting a 4-7% year-over-year increase in June’s gaming revenue
- Galaxy Entertainment and MGM China are top picks for JPMorgan
It’s time to separate the wheat from the chaff and get to the bottom of this story. Is Sands China Ltd’s stock price a buying opportunity, or is it a sign of deeper problems? Only time will tell, but one thing is for sure - the market will be watching with bated breath.