ShareJunction - Member Posts

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high was $4++
if you didn' t bot at this price then consider a bit lucky
once they collected 90% and above then will auto delist from SGX like M1
if they are not lying that they are curretly holding 81% ++ then my advise to you is to accept their offer cos you cannot beat them for sure......

CheeryVGoh ( Date: 19-May-2019 12:20) Posted:

I didn' t accept the offer as bought many years ago at high price.

Can someone advise if I understand correctly offerer get 90Pct from those that they have not already owned, then they can take for us at S$0.28 under the law?
If they didn' t get 90pct, it means that counter will not be delisted and will most likely trade lower than $0.28?

whereru ( Date: 11-Apr-2019 14:36) Posted:

We need to block them to acquire 90%, vote NO to the buy-out offer, there' s still chance!

" The offer is conditional on Indofood Sukses Makmur receiving acceptances of at least 90 percent of Indofood Agri&rsquo s outstanding shares, it said. Once the free float of the shares falls below 10 percent required minimum threshold, Indofood Sukses Makmur can compulsorily acquire the remaining shares."

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GS low was 0.40 +

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Look like big funds accumulating

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GS si peh jia lat now a day
Casino hit mosquitos since govt increase levy, very soon another round of layoffs
Eat drink stay so expensive at RWS
Without having some fun in casino who would want to go there waste money
How many times you want to go into the Theme Park per year ?
Time for GS lovers to wake up

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why is Genting Sin bid for Japan IR not the Genting Group ?????
if Genting Group bid for Japan IR then is terrible for GS cos at least half of the GS customers will go over to Japan IR

WL123456 ( Date: 17-May-2019 10:55) Posted:

Just sharing :
Reason 1: if GS were to bid for Japan IR, they need to raise funds . They will have to use a bulk of the cash from GS mix with debt raise in japan. This will result in less cash available for dividend .
Reason 2: GS has to commit about $4.5 bil to the Singapore government for the expansion of the IR. This will further put strain on its cash available and of coz will definitely mean less dividend to be paid out . This happens to all casino when their available cash on hand is not enough to fund the expansion .
Reason 3 : Falling casino revenue . James packer is willing to sell his family crown jewel , Melco. The reason is falling casino revenue mainly due to capital control in China . This is affecting casino worldwide so GS is not immune to it . The casino industry in Asia pacific is very saturated and the competition is cut throat . Added to the fact that Macau is leading the competition and with a lacklustre worldwide economy , it?s hard to see Genting posting better revenue than before . With the Zhuhai railway now connecting greater China to Macau , more Chinese gamblers will head towards Macau . Still , this morning Galaxy EG announce a 8% drop in profit . This shows you a industry wide trend that?s is trending towards lower revenue in the casino industry.
Of coz there?s other reasons but to cap it short , as an investor time is an opportunity cost . If I were to put my money on GS and yet the dividend yield will be diminishing , share price will not grow in the short run ( 3-5 years perhaps ? ) or might even face share dilution ( even though management have hinted they will not draw funds from shareholder but some casinos have done that ) Even without share dilution , I will definitely face a huge falling dividend ( I can bet on this ) so i might as well take the money and park it in REITs for 3-7% returns than to let my cash working on 1-2% dividend yield perhaps ? This is taking into consideration the revenue does not fall further but it?s likely. Melco is a fine example . James packer saw the decline in motion and now Cash out his family heirloom . His concern is now justify by falling earning reports from Macau. If Macau falls , the rest will follow. Macau is afterall the leader of the pack .

vivacious ( Date: 17-May-2019 10:25) Posted:

why still selling ah...

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sambawang corp also interested in TS
if SC buy over TS then they probably will issue SC share to HF holders

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go and see yourself if without casino RWS would have close shop by now

kandinsky ( Date: 17-May-2019 10:59) Posted:

GS is not just running casinos, they have substantial revenue from other non gaming businesses.

WL123456 ( Date: 17-May-2019 10:55) Posted:

Just sharing :
Reason 1: if GS were to bid for Japan IR, they need to raise funds . They will have to use a bulk of the cash from GS mix with debt raise in japan. This will result in less cash available for dividend .
Reason 2: GS has to commit about $4.5 bil to the Singapore government for the expansion of the IR. This will further put strain on its cash available and of coz will definitely mean less dividend to be paid out . This happens to all casino when their available cash on hand is not enough to fund the expansion .
Reason 3 : Falling casino revenue . James packer is willing to sell his family crown jewel , Melco. The reason is falling casino revenue mainly due to capital control in China . This is affecting casino worldwide so GS is not immune to it . The casino industry in Asia pacific is very saturated and the competition is cut throat . Added to the fact that Macau is leading the competition and with a lacklustre worldwide economy , it?s hard to see Genting posting better revenue than before . With the Zhuhai railway now connecting greater China to Macau , more Chinese gamblers will head towards Macau . Still , this morning Galaxy EG announce a 8% drop in profit . This shows you a industry wide trend that?s is trending towards lower revenue in the casino industry.
Of coz there?s other reasons but to cap it short , as an investor time is an opportunity cost . If I were to put my money on GS and yet the dividend yield will be diminishing , share price will not grow in the short run ( 3-5 years perhaps ? ) or might even face share dilution ( even though management have hinted they will not draw funds from shareholder but some casinos have done that ) Even without share dilution , I will definitely face a huge falling dividend ( I can bet on this ) so i might as well take the money and park it in REITs for 3-7% returns than to let my cash working on 1-2% dividend yield perhaps ? This is taking into consideration the revenue does not fall further but it?s likely. Melco is a fine example . James packer saw the decline in motion and now Cash out his family heirloom . His concern is now justify by falling earning reports from Macau. If Macau falls , the rest will follow. Macau is afterall the leader of the pack .

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can consider avg down when SH move lower

Know-Your-Stuff ( Date: 15-May-2019 18:10) Posted:

Bro i hope you are right as i am vested at much higher prices.

vivacious ( Date: 15-May-2019 15:04) Posted:

something is brewing with starhub for sure. The price pre and post XD is somewhat similar. Apparent upside pertaining to something gg on.

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duno leh.....
previously they did offer to buy over M1 at around 2.25 but failed ( duno the reason , i guess it was being blocked by some parties ? )
and eventually KC/SPH won the GO at only 2.06 ......
so now if Axiate pick SH at this level that s mean so much better than buying over M1 at 2.25++++
what you think ??

vivacious ( Date: 14-May-2019 12:01) Posted:

acquisition?

KAMAL0883 ( Date: 14-May-2019 11:56) Posted:

one KL fren told me Axiate seem interested in SH but duno how true ........

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low was 0.40+++ if am remember correctly ?

runaway ( Date: 14-May-2019 13:01) Posted:

If you want to know how Genting is doing today, pay a visit.

I was there last Friday, not to gamble but for dinner at Malaysian Food Street.

The restaurants outside the Casino were quiet, with only a few tables occupied.

There was also no queuing crowd at the Casino,

I would say the good days are gone.

Is $0.90 cheap?

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said many times liao , since govt increase the levy RWS business si peh jia lat liao......
not only the casino empty and those shops and makan place at RWS also badly affacted

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one KL fren told me Axiate seem interested in SH but duno how true .........

vivacious ( Date: 14-May-2019 10:04) Posted:

1.53 damn steady

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go and check my post
told you guys GS si peh jia lat liao since govt packeted another $50
the whole casino hitting mosquitos

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may go lower to 1.5 and may bounce .......
smlj ??? talk like no talk .......
up is up down is down .......if short term down just say going down .......
stock is like that , down to a level will boune
up to a leval will down ..

puppey ( Date: 10-May-2019 15:51) Posted:

alot of bad news should be coming, watch for nx week ..
may reach 1.5 slowly..it will bounce when sentiment strengthens but not at the moment..:)

huatster ( Date: 10-May-2019 15:31) Posted:

Short term TP = 1.53

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Si peh jia lat
dealers all hit mosquitos
labour workers go there eat free biscuits and lim Milo and teh rarik
cost increasing but no real gambles

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lolllllll drop to 2.72 liao where got well at 2.76 ??

limthomas26 ( Date: 24-Apr-2019 16:34) Posted:

Well support at $2.76 even after ex-divident.

Will be moving up slowing towards TP of $3.90 as forcasted by DBS research.

Remain vested and good luck. Huat ah

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wow this fugker offer only 14 cents to takeover
lowest in the few decades for property counter

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Bro, gal balls much biggers than your balls man LOLLLLLLLLLL
they grab 100or 200 lots at one go, you think you dare ?

SAVIORFOREVER ( Date: 18-Apr-2019 18:40) Posted:

Girls got no balls. Get your facts right.

Trade with awareness

kandinsky ( Date: 18-Apr-2019 18:17) Posted:

In this forum, I have seen gals with more balls than guys. Have a good weekend everyone.

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LOLLLLLLL Adik, you just started playing share ahhhhh ???? LOLLLLL

halleluyah ( Date: 18-Apr-2019 10:04) Posted:

best check wth yr broker first b4 selling....

halleluyah ( Date: 18-Apr-2019 10:02) Posted:

nope..

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$150 more than enough for Genting Highland trip with transport + hotel stay......

Went RWS yday , business super bad, hardly see Singreans except those who bought yearly levy earlier like me.
even foreigners also three three two two hanging around with gambling.

the new levy really affacted a lot of business not only for casino business, believe Gen Sin share price plenty of room to
drop from here.............

stay cautious !!!!!!!

Qanghoo ( Date: 16-Apr-2019 09:24) Posted:

Well, I don' t disagree. What' s the difference between SSweep 4d n ' illegal' 4d huh? But the ' illegal' ones are raided relentlessly as if they are criminals of the worst order.. So, it' s not who perceives what. It' s what is permitted - from the rule book that matters.

kandinsky ( Date: 16-Apr-2019 01:35) Posted:

The govt wants to have the cake and eat it all the time. Soccer betting, horse betting and high stakes 4d and toto are no different from donating money to casino.