| Latest Forum Topics / Genting Sing Last:0.615 -- |
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Genting SP Next Move
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KAMAL0883
Supreme |
14-Nov-2018 17:48
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risk of gg to 88 cents again | ||||
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HendriJB
Supreme |
14-Nov-2018 16:39
Yells: "Breathe, Step Back - Think " |
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Approval announcement Feb/March 2019
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Trader130
Supreme |
14-Nov-2018 16:34
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Mayb they want to save more $$$ C& C 6 billions waiting for Japan C license   approve 
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trademaster
Supreme |
14-Nov-2018 14:07
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Looks like possible..
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Luzern
Supreme |
14-Nov-2018 13:30
Yells: "9" |
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I rather they maintain the current payout and keep the rest for Japan IR. | ||||
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HendriJB
Supreme |
14-Nov-2018 13:10
Yells: "Breathe, Step Back - Think " |
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I think sure to reward as Christmas and New Year is around the corner ? happy mood 😊
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Qanghoo
Supreme |
14-Nov-2018 12:48
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Yep, sounds a bit speculative for so long as the coy is silent on it.
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Trader130
Supreme |
14-Nov-2018 12:19
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What if never reward?🤭
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HendriJB
Supreme |
14-Nov-2018 11:49
Yells: "Breathe, Step Back - Think " |
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11 November 2018 News
*Genting Singapore Q3 earnings underpin higher final dividend in Q4* Earnings growth is still possible amidst a slowing Asian casino market an analyst said. Genting Singapore is likely to see its final dividend inch up to $0.025 from $0.02 thanks to a growth in earnings in Q3 which the firm attributed to stronger performance of its attractions, according to DBS Equity Research Genting Singapore has the capability to reward its shareholders by uplifting its annual dividend to $0.04 from $0.034 when it reports its FY18 results early next year, DBS analyst Mervin Song said Song also noted that Genting Singapore remains in a strong financial position with a net cash balance of c.$3b. He also projected that the firm would continue to report a sustained increase in profitability over the next three years, which should result in Genting Singapore trading closer to its average enterprise-value to earnings before interest, tax, depreciation and amortisation (EV/EBITDA) of c.12x We believe Genting Singapore deserves to trade at its average EV/EBITDA multiple given a sustained earnings recovery outlook,? Song said. ?The reasons why Genting Singapore traded below its average multiple, namely elevated bad debts and falling earnings, are no longer present Genting Singapore saw its Q3 PROFIT JUMP 25% to $210.41m from $168.69m in the same period in 2017, whilst revenue grew 1% to $639.06m from $629.87m. According to its financial statement, its average daily visitors hit over 22,000 due to the stronger performance of its attractions such as Universal Studios Singapore and S.E.A. Aquarium at Resorts World Sentosa (RWS) *Genting Singapore Q3 profits up 25% to $210.41m* Song also added that Genting Singapore?s VIP customer business could propel earnings and its share price in the foreseeable future amidst micro uncertainty following trade tensions between US and China. Our confidence arises from the fact that Genting Singapore VIP rolling chip only stands at c.$8.27b (US$6b) and could increase by 50% but still not hit the previous peaks of c.$19.29b - $20.67b (US$14b-US$15b) he explained. Genting Singapore continued to selectively extend credit and grow its VIP business in Q3, with its VIP rolling chip estimated to have grown by c. 14% YoY, or 10% QoQ to $8.6b, the report noted. Its robust growth helped offset the negative drag from an above average VIP win rate of 3.1% in Q3 2017. For Q3 2018, the VIP win rate came in at 2.9% Meanwhile its mass business which comprises of tables and slots was stable with gross gaming revenue flat YoY, Song noted. Furthermore, we believe there is potential for Genting Singapore?s market share with Marina Bay Sands to normalise towards the 50% level, from the high 40s currently. Whilst the firm did not provide details on its plans to redevelop its property at Sentosa, Song noted how Genting Singapore remains hopeful that it will be able share its plans in 2019. The report also revealed that Genting Singapore still remains in discussions with Japanese authorities and potential partners on its plans for an integrated resort (IR) in Japan. So far, only the Osaka authorities have officially announced their intention to host an IR in its city. Genting Singapore stock supposed to go upwards.... |
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HendriJB
Supreme |
14-Nov-2018 11:44
Yells: "Breathe, Step Back - Think " |
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Supposed to be go up ....
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destinykraze
Elite |
14-Nov-2018 10:45
Yells: "Reality is only a matter of perception" |
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Seeing is believing. Price tell no lies.
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trademaster
Supreme |
14-Nov-2018 10:36
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Today got chance to see 98 ct?
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huathuat88888
Elite |
14-Nov-2018 10:28
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When BBS pressed Genting price , buy some.
Next 2 Qtr Results always a better Qtr for Genting.
Could be due to Dec holidays , New Year Day, Chinese New Year Holidays.
Another reason is China Chinese coming to Singapore to 避 寒 。
So if BBS nice to let u buy cheaper, jusr buy and ?
Wait for 2019
Japan going to announce "The Big Japan IR Day " all Casino Operators are so looking fwd to it .
Minimum : $1.30
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HendriJB
Supreme |
14-Nov-2018 10:11
Yells: "Breathe, Step Back - Think " |
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*Casino Expo wins would benefit Osaka economy*
Nomura Reported Nov 14, 2018 Japan Latest News Nomura Japanese brokerage says that if Osaka is successful in its respective bids to hold the World Expo 2025 and to host one of Japan?s first casino resorts, that would have a positive impact on the economy of the Japanese city A win for both the World Expo bid and the casino licence would be expected to? have a positive impact on Osaka?s economy, analysts Daisuke Fukushima, Kentaro Maekawa and Atsushi Yoshioka wrote in a report. They added: This would likely stimulate redevelopment around Yumeshima, and benefit companies with real estate in the area and Osaka-based construction companies. We also believe that drawing more foreign visitors to the area would increase the stability and growth prospects for the many hotels already being developed in the area. Yumeshima ? or Dream Island in English ? is an artificial island in Osaka?s Konohana Ward. The local government has earmarked the area to welcome the World Expo 2025 if Osaka?s bid to host the event is successful. A decision by the Bureau International des Expositions on the World Expo 2025 host is scheduled for November 23. Contenders include: Osaka in Japan Baku in Azerbaijan and Ekaterinburg, in Russia If Osaka wins its bid, it would mark 55 years since the city hosted Expo ?70, and this major international event would be expected to help stimulate business activity in Japan after the 2020 Tokyo Olympics noted the Nomura analysts. Osaka Prefecture and the City of Osaka are also angling to get Yumeshima selected by the Japanese government as one of the three areas to be awarded integrated resort (casino) licences the brokerage added Referring to the locations for the first three such venues to be permitted in Japan in the initial liberalisation phase, the institution added: It is still undecided as to where the integrated resorts will be and when they will open, but the prevailing view is that they will open around 2024-25, and Osaka is viewed as a leading candidate Several major global gaming operators have reaffirmed their respective interest in developing a casino resort in Japan. A number of industry executives expect the first casino licences to be issued in around the year 2020 with the first resorts to open for operation in circa 2025 Osaka has consistently voiced support for accommodating an integrated resort. Up to three such venues will be permitted at yet-to-be determined locations across the country under a first wave of liberalisation Reuters reported in August that ?at least? eight casino firms are courting Osaka as a site for a casino resort. Executives from 11 casino companies met with Osaka?s governor for ?courtesy calls? 25 times between 2012 and May 2018, according to Reuters, citing prefectural records An Osaka casino would need to generate US$4 billion a year in order to produce a 14-percent annual return on a US$8-billion investment, banking group Morgan Stanley suggested in a July report, mentioning some concerns about how much regulation and red tape might be imposed on the industry at national and local level As reported last month by GGRAsia, Japan?s central government body coordinating casino liberalisation policy is contacting 67 major local governments across the nation asking what plans, if any, they are making for bids to host a casino resort. The central government wants by July next year to announce the policy framework under which those local governments can make their respective pitch to the national authorities |
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trademaster
Supreme |
14-Nov-2018 09:51
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Not sure, maybe profit taking or someone trying to press down prices to buy cheap
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explosive2013
Master |
14-Nov-2018 08:22
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Why none stop? Price manipulation?
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trademaster
Supreme |
13-Nov-2018 23:47
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Noticed non stop sellers at 940 /945....  
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Justice888
Supreme |
13-Nov-2018 20:49
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Cfd can short
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explosive2013
Master |
13-Nov-2018 20:45
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who heavily short this counter?
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Unicorn88
Member |
13-Nov-2018 20:04
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👍 🏻 👍 🏻 👍 🏻 👍 🏻 👍 🏻 👍 🏻
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