Breaking: Sands CONFIRMED Dou Diu! 3 Tombstones DOOMED!

[makapaaa]

Las Vegas Sands Shares Plunge on Concerns Over Loan Default

By Michael Nol
Nov. 6 (Bloomberg) -- Las Vegas Sands Corp. plunged in early New York trading after saying it may be in default of some loans if it can't raise capital, threatening its ability to keep operating ``as a going concern.''
Las Vegas Sands dropped $3.46, or 30 percent, to $8.20 at 8:55 a.m. before the start of New York Stock Exchange composite trading.
The casino company said in a regulatory filing today that it doesn't expect to meet a maximum leverage ratio covenant in the fourth quarter. That would trigger defaults that might force the company to suspend development projects and ``raise a substantial doubt about the company's ability to continue as a going concern,'' Las Vegas Sands said in the filing.
To contact the reporter on this story: Michael Nol in New York at [email protected].
Last Updated: November 6, 2008 09:03 EST

 

[Bigfuck]

LEE KUAN YEW, LEE KUAN YEW, LEE KUAN YEW, go, go, go! Break the bank! Break the Bank! Let us move on as a broke port of 1819! Opium, sex, gambling, secret society! Yeeha!

 

[TeeKee]

RIP!!!

 

[helicopview]

RIP!!!

remember some fengshui did make some negative comments abt the design

 

[Merl Haggard]

Las Vegas Sands Shares Plunge on Concerns Over Loan Default

By Michael Nol
Nov. 6 (Bloomberg) -- Las Vegas Sands Corp. plunged in early New York trading after saying it may be in default of some loans if it can't raise capital, threatening its ability to keep operating ``as a going concern.''
Las Vegas Sands dropped $3.46, or 30 percent, to $8.20 at 8:55 a.m. before the start of New York Stock Exchange composite trading.
The casino company said in a regulatory filing today that it doesn't expect to meet a maximum leverage ratio covenant in the fourth quarter. That would trigger defaults that might force the company to suspend development projects and ``raise a substantial doubt about the company's ability to continue as a going concern,'' Las Vegas Sands said in the filing.
To contact the reporter on this story: Michael Nol in New York at [email protected].
Last Updated: November 6, 2008 09:03 EST

Bloomberg news a little late; 2 months ago I already leaked out Las Vegas Sands difiiculties.

 

[popdod]

RIP!!!

One of the ugliest architecture i ever seen.

:(

 

[madmansg]

Bloomberg news a little late; 2 months ago I already leaked out Las Vegas Sands difiiculties.
Reply With Quote
=========================

Such important news next time dont be so quiet. must be like me. EVERYDAY I SHOUT NS IS KILLING SG.

 

[DOM the Clown]

Bloomberg news a little late; 2 months ago I already leaked out Las Vegas Sands difiiculties.

Yes you did.

 

[Merl Haggard]

Yes you did.

Thank you Sir.

 

[Merl Haggard]

Yes you did.

To my knowledge they owe ARUP consultants about $15m, Ssangyong main contractors about $45m and many others which are long overdue.

 

[Loongsam]

What about the Sentosa Casino? Still on?

 

[Bigfuck]

What about the Sentosa Casino? Still on?

Of course! Gamble lose means gamble double down all or nothing! Leegime need to go for counseling to stop gambling. Aye, not careful, next round Leegime gamble your family too. Then kenna sold to Africa to be slave and prostitutes. hahaha

 

[Merl Haggard]

Of course! Gamble lose means gamble double down all or nothing! Leegime need to go for counseling to stop gambling. Aye, not careful, next round Leegime gamble your family too. Then kenna sold to Africa to be slave and prostitutes. hahaha

This project is very complicated. I understand that LVS has already drawn down the $5.4 bln loan (they used LVS shares as collateral) and they are not current with their payments to their consultants and contractors.

So even if gahman lan lan wants to aid LVS to complete the project, how to resolve all outstanding payments.

I think eventually LVS will just walk away because if Macao's casinos can survive how can S'pore make it? Walk away and let the banks hold thier worthless shares.

 

[Bigfuck]

This project is very complicated. I understand that LVS has already drawn down the $5.4 bln loan (they used LVS shares as collateral) and they are not current with their payments to their consultants and contractors.

So even if gahman lan lan wants to aid LVS to complete the project, how to resolve all outstanding payments.

I think eventually LVS will just walk away because if Macao's casinos can survive how can S'pore make it? Walk away and let the banks hold thier worthless shares.

I love USA! Best MLM/pyramid scamsters in the world, good for tricking Fu ManChus! Give u worthless paper for money to go Acapulco!

 

[Loongsam]

The selection committee emphasizes on IR....which means integrated resort.
What exactly does it mean?

It looks like the committee made a wrong decision on which partner to go with.

Which begs the question.....can our Sinkie leaders, with all the help of their talented FT lackeys, really make wise and profitable business decisions?

Anyone knows who is on that committee?

We should know their names.

 

[myo539]

"One of the ugliest architecture i ever seen."

To me it's one of the most unique and beautiful buildings - a stylistic tropical tree with its strong buttress roots and arching canopy - a design most suitable in our tropical environment. It's an iconic structure that will make the skyline of Singapore standout like no where else in the world. That's where I will make my fortune.

 

[imperialarms]

"One of the ugliest architecture i ever seen."

To me it's one of the most unique and beautiful buildings - a stylistic tropical tree with its strong buttress roots and arching canopy - a design most suitable in our tropical environment. It's an iconic structure that will make the skyline of Singapore standout like no where else in the world. That's where I will make my fortune.

you are not allowed in.

 

[makapaaa]

remember some fengshui did make some negative comments abt the design

Yet the panel of scholars still chose it. A case of "digging your own grave"?

 

[makapaaa]

To my knowledge they owe ARUP consultants about $15m, Ssangyong main contractors about $45m and many others which are long overdue.

I've told my ISD dogs to sanction this news. How cum u know it? U must be LYING! ​

 

[makapaaa]

"One of the ugliest architecture i ever seen."

To me it's one of the most unique and beautiful buildings - a stylistic tropical tree with its strong buttress roots and arching canopy - a design most suitable in our tropical environment. It's an iconic structure that will make the skyline of Singapore standout like no where else in the world. That's where I will make my fortune.

The likes of clintonxxx, casssyyy and divzzz have gone MIA. U seem to be the lone poodle still bitching around in this forum for your owners. Poor thing!