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The Chip Board Archive 18

Riviera stock for sale?

Now may be a good time for someone to swoop in and buy the Riv. The total capital value of all of their stock is now $34 million. That includes their property in Las Vegas and I believe the one in Colorado. The stock is now selling around $2.50 per share like it was a few years ago when I mentioned it. During the period when there were rumors of a buyout it went up to almost $30. At the current price someone could buy it for just the land value and hang on for a few years for a great return.

Messages In This Thread

Riviera stock for sale?
A better deal
You Need To Rethink Your Valuation
Las Vegas Sands... a better buy?
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Re: Las Vegas Sands... a better buy?

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