![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj9ZtD8swEwQ21mpRU6wQ47Eg2C6T11z-Crs4ChHGEtneFxgwXjj81RNbCyyH0DD4KiYlEUlmKKYZMH0mmeSrAPQcP7T3CeM2pvJR4ktQ3h_8JmH-jK_S77R4UoolwloYhAuaGj/s400/20091009-WynnMacau.png)
What a hype with Wynn Macau (1128). The traders that bought Wynn-C1 and Wynn-C2 sure have a crystal ball. Wynn-C1 is trading at a 36% premium while Wynn-C2 is at 61% premium! These traders sure take a lot of risk. With a simple gearing of around 2.4, in my opinion, it does not worth buying at all.
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