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For FY17, $MOV expects operating income to be $55-60MM. The estimated effective tax rate is approx. 32%. Net income is planned to be $36.5-40MM. Capex is expected to be approx. $12MM. The guidance excludes the $1.8MM pretax charge recorded in 1Q17.
My bet is that $FR will reach $32 in the short term. It’s time it broke the 52-week high and had its fair share of growth.
$WYNN got bruised up by China after its decision to cut withdrawal limit in Macau ATMs. Wynn Resorts shares went down by more than 11%! Well who could have guessed that right?
$AVGO 4Q results beat analyst’s expectations again this time. Time to make some hay while the sun shines ;)
You are such a letdown $FII. I regret not selling you when you were nearing $33. Now I am stuck with you, you are stuck with me!