Grant Bowie - MGM China CEO

MCHVF Stock  USD 1.05  0.00  0.00%   

CEO

Mr. Grant R. Bowie serves as Chief Executive Officer, Executive Director of MGM China Holdings Limited. Mr. Bowie is responsible for the overall management, strategic development and expansion of the Company including the direction and operations of MGM MACAU and MGM COTAI, the latest addition to the MGM portfolio in China. Mr. Bowie joined MGM Grand Paradise in August 1, 2008 as President. Prior to this, he was President and General Manager of Wynn Resorts S.A. from 2003 to 2007. Before coming to Macau, Mr. Bowie spent 16 years with Park Place Entertainment Corporation in Australia, holding senior positions in gaming, general finance and hotel operations. His last position held was Area Senior Vice President for Park Place Entertainment Corporation overseeing their Australian operations since 2010.
Age 65
Tenure 14 years
Phone853 8806 7811
Webhttps://cn.mgmchinaholdings.com
Bowie was educated in New Zealand and obtained a Bachelor’s degree in Commerce from the University of Otago in 1980. He was recognized by leading financial publication “Institutional Investor” as “Best CEO” in the AllAsia Executive Team survey for three consecutive years from 2015 to 2017. He is currently a Governor of the American Chamber of Commerce in Macau, a Member to Advisory Board of the Institute for the Study of Commercial Gaming at University of Macau and an adjunct professor of Tourism and Leisure Management at University of Queensland. Previously, he was a member of Australian Federal Government’s Tourism Forecasting Council, Chairman of Queensland’s Responsible Gambling Advisory Committee and a member of the National Advisory Body on Gambling.

MGM China Management Efficiency

The company has return on total asset (ROA) of (0.0595) % which means that it has lost $0.0595 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (4.3157) %, meaning that it generated substantial loss on money invested by shareholders. MGM China's management efficiency ratios could be used to measure how well MGM China manages its routine affairs as well as how well it operates its assets and liabilities.
MGM China Holdings has accumulated 23.93 B in total debt. MGM China Holdings has a current ratio of 3.56, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist MGM China until it has trouble settling it off, either with new capital or with free cash flow. So, MGM China's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like MGM China Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MGM to invest in growth at high rates of return. When we think about MGM China's use of debt, we should always consider it together with cash and equity.

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MGM China Holdings Limited, an investment holding company, engages in the development, ownership, and operation of gaming and lodging resorts in the Greater China region. MGM China Holdings Limited is a subsidiary of MGM Resorts International Holdings, Ltd. MGM China is traded on OTC Exchange in the United States. MGM China Holdings [MCHVF] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

MGM China Holdings Leadership Team

Elected by the shareholders, the MGM China's board of directors comprises two types of representatives: MGM China inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MGM. The board's role is to monitor MGM China's management team and ensure that shareholders' interests are well served. MGM China's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, MGM China's outside directors are responsible for providing unbiased perspectives on the board's policies.
Zhi Wang, CFO, Vice President - Finance
Michael Holubowskyj, Senior Vice President of Security & Safety
Yuen Yu, Ex HR
William IV, Ex Chairperson
Grant Bowie, CEO, Executive Director, Member of Disclosure Committee and President of MGM Grand Paradise
Xiaofeng Feng, Non-Executive Director
JP JP, Ex Director
Chen Wong, Executive Director, Member of Nomination and Corporate Governance Committee and Member of Disclosure Committee
Han Tian, VP Marketing
John Esq, Ex Director

MGM Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is MGM China a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Other Information on Investing in MGM Pink Sheet

MGM China financial ratios help investors to determine whether MGM Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in MGM with respect to the benefits of owning MGM China security.