Crown is a slightly higher risk trade, however, I think James Packer is going to continue to be innovative in ways to unlock value for shareholders and it’s worth gaining exposure to the potential breakup story. Crown investors will gain exposure to the international assets, domestic property and domestic gaming assets. I’m looking for CWN to trade to $14 in the near term. Run a stop-loss below $11.30
Author: Leon Hinde
Leon has been working in the financial services industry for 18 years in management and advisory roles. Leon has extensive experience in general advice and dealings involving securities and derivative financial products.
PS 146 Securities & Derivatives, ADA 1 & 2 accreditation, Responsible Manager Certificate. Leon is authorised to provide financial product advice and deal with respect to the following financial products:
· Deposit Products
· Interest in managed investment schemes; and
· Government debentures, bonds and stocks