| Latest Forum Topics / Genting Sing Last:0.615 -- |
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Genting SP Next Move
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john_ric
Supreme |
04-Nov-2016 13:04
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..............................steady |
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1oopls
Master |
04-Nov-2016 12:46
Yells: "I love my evil cute cute darling" |
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I think you guys have to thank Pokemon Go to some extent |
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Forglory
Senior |
04-Nov-2016 12:43
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Finally something positive after so many -ve quarters. |
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ecekca
Elite |
04-Nov-2016 10:27
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possible? i think 0.9 will be good.. after dividend x date, maybe genting will drop
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carmen30
Member |
04-Nov-2016 10:06
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tp : $1.30 | ||||
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brchkho1
Master |
04-Nov-2016 09:51
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If mgt woke up three four years ago when I questioned the lending policy. Early early already big big earn earn liao.
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pinkowl
Supreme |
04-Nov-2016 09:39
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Wah....0.835. Shiok. Shiok. |
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brchkho1
Master |
04-Nov-2016 09:12
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If mgt folows this way, shareholders will " song, song" all the way..... |
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brchkho1
Master |
04-Nov-2016 09:08
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Lots of impairments were profit, but lend to VIPs and later becoming bad debts. I had questioned in the AGM on the amount impaired were much more than the total dvidend, why not cut back on the lending and instead reward the shareholders. I believed the reduction of  VIPs due to China' s anti-corruption measures,else, Iam not sure if the management will cut back this strategy. Doing retail is easy money and low risk as the tourists will play with their own money (usually, budgted a sum preparing for the loss). |
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Goldfinger
Supreme |
04-Nov-2016 09:02
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81 cents. Mr Market likes this very much. | ||||
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brchkho1
Master |
04-Nov-2016 08:59
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The problem is the credit assessement, I askedin AGM some years ago and the CEO couldn' t give a satisfactory answer buy oushed it to the Casino Authority, saying Genting is following the guidlelines which I later found out that GENS is supposed to be the one managing the credit policy, the Act and practice guidelines only state the responsibility of Casino operators' responsibility and the authority is not involved in credit policy. IN the eyes of bankers, gamblers are enjoying the lowest credit rating. If good credit rating, the gamblers do not need to make money thru this means. Once loose money and not his money, he will try not to pay, or worst, refused to pay. |
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ecekca
Elite |
04-Nov-2016 08:01
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true but VIPs are normally consider to be someone who are reputable (i sure they do their due dilligence), it just that later when these VIP starts to lose, they either don' t want to pay or suddenly don' t have $$ to pay..i think
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brchkho1
Master |
04-Nov-2016 07:46
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As long as the management reduces lending money to VIPs to gamble, casino is " bao jia" .  It' s ilogical to lending money to gamblers who known to be poor crediting rating and hope he will win to pay you.
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brchkho1
Master |
04-Nov-2016 07:44
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As long as the management reduces ending money to VIPs to gamble, casino is " bao jia" .  It' s ilogical to lending money to gamblers who known to be poor crediting rating and hope he will win to pay you. |
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Observers
Elite |
03-Nov-2016 22:17
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Agreed. Not often that you get a Q3 interim dividend. It' s a nice surprise. Hope they can continue with this surprise every Q. |
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Laoliu
Veteran |
03-Nov-2016 20:33
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Good QR with suprise dividend 1.5c given coming December. Genting SP gonna boost to 0.800 and above level soon. Between, unexpected result will be positive.  |
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Qanghoo
Supreme |
03-Nov-2016 19:26
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Share ur thoughts.  I think the 1.5c div is not only a surprise, it signals GS' confidence on its financial position (n growth too, or at least stability, I' d think) going forward.  I recall that shareholders were up in arms against management a few yrs ago regarding the meagre 1c div n the management just (undemocratically) shut them down.  Well, the fact that GS now ' automatic'   up div is to me quite telling.  Think the outlook wld gradually turn positive again (perhaps sooner rather than later?). 
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Goldfinger
Supreme |
03-Nov-2016 18:57
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But lets not detract from the great and surprising set of Q3 GENS results, and the startling interim dividend of 1.5cts. |
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Goldfinger
Supreme |
03-Nov-2016 18:45
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Frankly, I always try to take the other side of the bet, from these research reports.  I don' t really trust  young canon-fodder  analysts, who are fresh out of school and haven' t lived through nor worth a tiny minute  fraction of the seasoned investors who have lived through the REAL crises like the 80s, 90s, SARS and GFC..  This Trump vs Hillary is just politicking and a side-show, and whoever wins will likely settle back to the norm of the vested powermonger  interests.
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Qanghoo
Supreme |
03-Nov-2016 18:19
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This was partly why I called a bluff on the damned research below.  A lot of us had posted before that GS was gonna do better after 2Q16, after the coy tapered off its writing down of bad debts.  Also, in recent months, we had also been posting abt the upward trend in casino stocks on HKSE in response to  the turning ard of  Macau, signalling also that GS' RWS wld likely follow suit too.  Sure, we are not disappointed.  Nevertheless, no hesitation to dump all the questionable researches.     
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