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pkli899 Supreme	17-May-2019 14:12        pkli899 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Haha, they did it with great success. That' s why Japanese Govt wants this model - RWS model! runaway      ( Date: 17-May-2019 14:01) Posted: The casino is always the main source of revenue. Without the casino, Universal Studio will not servive. Given a choice, Genting would not have built the Universal Studio, but the licence is for an IR - Integrated Resprt so bobian.
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pkli899 Supreme	17-May-2019 14:10        pkli899 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I also scratching head.....why? All houses still maintained buy call though TP adjusted down because of anticipated big spending and uncertainty. SAVIORFOREVER      ( Date: 17-May-2019 14:03) Posted: So why does the share of a company with so much cash keeps dropping? Trade with ? pkli899      ( Date: 17-May-2019 13:59) Posted: Casino opened in 2010. By end of 2018 they have 4.2 B cash and debt of approx 0.6 B. By 1st Q 2019, debt free!
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SAVIORFOREVER Supreme	17-May-2019 14:03        SAVIORFOREVER About Contact  Quote this Post!
x 0   x 0  Alert Admin	So why does the share of a company with so much cash keeps dropping? Trade with ? pkli899      ( Date: 17-May-2019 13:59) Posted: Casino opened in 2010. By end of 2018 they have 4.2 B cash and debt of approx 0.6 B. By 1st Q 2019, debt free!
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runaway Senior	17-May-2019 14:01        runaway About Contact  Quote this Post!
x 0   x 0  Alert Admin	The casino is always the main source of revenue. Without the casino, Universal Studio will not servive. Given a choice, Genting would not have built the Universal Studio, but the licence is for an IR - Integrated Resprt so bobian.
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pkli899 Supreme	17-May-2019 13:59        pkli899 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Casino opened in 2010. By end of 2018 they have 4.2 B cash and debt of approx 0.6 B. By 1st Q 2019, debt free!
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Johnjohnnyhi Member	17-May-2019 13:54        Johnjohnnyhi About Contact  Quote this Post!
x 0   x 0  Alert Admin	Nice sharing and anaysis
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pkli899 Supreme	17-May-2019 13:54        pkli899 About Contact  Quote this Post!
x 0   x 0  Alert Admin	How much was the investment on RWS? 6 to 9 B? How fast they took to clear the debt and accumulate a coffer of 3.6 B? They are debt free after spending 0.6 B recently to clear off the last loan. While to this they still paid out dividends don' t they?
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pkli899 Supreme	17-May-2019 13:43        pkli899 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I agreed with Kandinsky, Genting revenue do not come from casino alone. They are prohibited to reveal the exact proportion but Chairman Lim did mentioned non gaming revenue is substantial. Mainly because they have Universal Studio and other attractions. So much so that they are prepared to spend big on non gaming expasion (Gaming space only increase 500 sq m). Chairman Lim did mentioned casinos patronage is in decline and it is a worldwide trend. Main reason is sport betting, which they are not allowed to touch (Younger generation prefer on line betting rather than going to casino). Because non gaming revenue is also huge that' s why they are confident to spend so much on it. In fact the enthusiasm and excitement on Genting 2.0 expansion were very evidently displayed by both the Chairman and CEO. They said it will be stupid of them to spend 4.5B if they are not sure whether it will be fruitful or not. As for funding, I mentioned many times already. It' s not an issue at all. Mind you, after paying out dividend, the cash balance is a staggering 1 B per year on average. This yearly cash balance is enough to cover the expansion cost (4.5 B spend over 5 years). The existing 3.6 B cash is for initial expenditure if they win the Japan IR bid. Balance will be from borrowing in Japan. That is the reason why they said no fund raising from shareholders is needed for both cases.   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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KAMAL0883 Supreme	17-May-2019 12:42        KAMAL0883 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	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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KAMAL0883 Supreme	17-May-2019 12:25        KAMAL0883 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	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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WL123456 Supreme	17-May-2019 11:01        WL123456 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I agree but the substantial revenue comes from the casinos . Without revenue from casino , GS is loss making and would have already close shop long ago. 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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kandinsky Master	17-May-2019 10:59        kandinsky About Contact  Quote this Post!
x 0   x 0  Alert Admin	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 . vivacious      ( Date: 17-May-2019 10:25) Posted: why still selling ah...
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WL123456 Supreme	17-May-2019 10:55        WL123456 About Contact  Quote this Post!
x 0   x 0  Alert Admin	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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curious_moo Master	17-May-2019 10:53        curious_moo About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	if that is the case, i think a bigger portion of the loss now is on commission lol..   gravity8888      ( Date: 17-May-2019 10:48) Posted: Every time load 100 shares lo... Hahah
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gravity8888 Supreme	17-May-2019 10:48        gravity8888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Every time load 100 shares lo... Hahah
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curious_moo Master	17-May-2019 10:47        curious_moo About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	i saw your post on loading everytime is drop lol... how much are you holding now seriously? you should chill.. vivacious      ( Date: 17-May-2019 10:17) Posted: 89c...aiyo.....LOAD!!
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positiv Senior	17-May-2019 10:47        positiv About Contact  Quote this Post!
x 0   x 0  Alert Admin	That is being very optimistic and idealistic (can be good or bad  for you). In the local context, seen too many shortsellers. Well done to the people who introduced this. kandinsky      ( Date: 17-May-2019 10:43) Posted: Short sellers are generally driven by global market sentiments. In a bullish environment, you won't find them. positiv      ( Date: 17-May-2019 10:32) Posted: Read the shortsell report, every day there will be short sellers. Some days even 10 million shares being shorted. Good luck.  SGX is a shortist market in general.
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vivacious Supreme	17-May-2019 10:44        vivacious About Contact  Quote this Post!
x 0   x 0  Alert Admin	i hv 55 lots now.. 95c. sian. kandinsky      ( Date: 17-May-2019 10:27) Posted: My holding is only 30 lots, can wait a while more before loading. vivacious      ( Date: 17-May-2019 10:17) Posted: 89c...aiyo.....LOAD!!
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kandinsky Master	17-May-2019 10:43        kandinsky About Contact  Quote this Post!
x 0   x 0  Alert Admin	Short sellers are generally driven by global market sentiments. In a bullish environment, you won't find them. positiv      ( Date: 17-May-2019 10:32) Posted: Read the shortsell report, every day there will be short sellers. Some days even 10 million shares being shorted. Good luck.  SGX is a shortist market in general.
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positiv Senior	17-May-2019 10:32        positiv About Contact  Quote this Post!
x 0   x 0  Alert Admin	Read the shortsell report, every day there will be short sellers. Some days even 10 million shares being shorted. Good luck.  SGX is a shortist market in general.
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