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Trader130 Supreme	03-Aug-2019 00:40        Trader130 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes, Should ask why the depreciation was so much due to what factors? Does it occurs every quarter ? Need to ask during AGM Liao .. Cannot siam 🤣 Qanghoo      ( Date: 02-Aug-2019 23:06) Posted: Main cause is the 43% accelerated depreciation, coming in at 99 mil.  If not, results wld look very rosy. Trader130      ( Date: 02-Aug-2019 22:34) Posted: Jeep Jeep if drop .. result is ok .. Revenue up so much .. good to generate $$$ .. but net profits fell due to some reason which need investigate 🤣
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Qanghoo Supreme	02-Aug-2019 23:06        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Main cause is the 43% accelerated depreciation, coming in at 99 mil.  If not, results wld look very rosy. Trader130      ( Date: 02-Aug-2019 22:34) Posted: Jeep Jeep if drop .. result is ok .. Revenue up so much .. good to generate $$$ .. but net profits fell due to some reason which need investigate 🤣
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Trader130 Supreme	02-Aug-2019 22:34        Trader130 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Jeep Jeep if drop .. result is ok .. Revenue up so much .. good to generate $$$ .. but net profits fell due to some reason which need investigate 🤣
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mn_888 Senior	02-Aug-2019 22:20        mn_888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Q2/19Gaming revenue better than Q1/19.. pkli899      ( Date: 02-Aug-2019 22:13) Posted: Ya positive mah..... why wishbone said bo ho? mn_888      ( Date: 02-Aug-2019 22:10) Posted: Gaming revenue rose 22 per cent to S$441 million. Non-gaming revenue dipped 1 per cent to S$195 million... Positive
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TANPK123 Elite	02-Aug-2019 22:16        TANPK123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Result is not the worst. It could be better soon.... Price drop is indeed good to buy cheap now.
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velcronike Member	02-Aug-2019 22:16        velcronike About Contact  Quote this Post!
x 0   x 0  Alert Admin	Monday $1 RCF is the news ppl want to hear pkli899      ( Date: 02-Aug-2019 22:13) Posted: Ya positive mah..... why wishbone said bo ho? mn_888      ( Date: 02-Aug-2019 22:10) Posted: Gaming revenue rose 22 per cent to S$441 million. Non-gaming revenue dipped 1 per cent to S$195 million... Positive
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pkli899 Supreme	02-Aug-2019 22:13        pkli899 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ya positive mah..... why wishbone said bo ho? mn_888      ( Date: 02-Aug-2019 22:10) Posted: Gaming revenue rose 22 per cent to S$441 million. Non-gaming revenue dipped 1 per cent to S$195 million... Positive katak88      ( Date: 02-Aug-2019 20:43) Posted: Genting Singapore Q2 net profit falls 5% to S$168.4m FRI, AUG 02, 2019 - 7:55 PM   GENTING Singapore, which owns Resorts World Sentosa (RWS), on Friday posted a net profit of S$168.4 million in the second quarter, down 5 per cent from the same period a year earlier. The decline might have been sharper, if not for the high-rolling win percentage in the VIP rolling business that provided some buffer against the slowing economy. Revenue for the three months ended June 30 rose 14 per cent to S$636.8 million. Gaming revenue rose 22 per cent to S$441 million. Non-gaming revenue dipped 1 per cent to S$195 million. Gaming revenue was largely driven by a favourable win percentage, the group said. " Underlying mass gaming business experienced significant declines in the quarter, and would have been further impacted if not for considerable increased spending to tap the regional markets."   Other drags on revenue will continue to affect the integrated resort for the rest of this year, it said. " We maintain our cautious stance on the premium segment as the regional economic environment faces uncertainty and will impact consumer confidence. " Nevertheless, RWS will continue to innovate its offerings to enhance and diversify its appeal to various target markets around the region." Adjusted ebitda (earnings before interest, tax, depreciation and amortisation) rose 11 per cent to S$294 million, while net impairments on gaming receivables stood at S$47.3 million. On a hold-normalised basis, adjusted ebitda was S$230 million, a decline of 20 per cent. During the quarter, RWS' s average daily visitation was over 20,000, while the hotel business had a " respectable" occupancy rate of 85 per cent. The group has drawn up plans to retire certain assets in connection with the mega-expansion of RWS announced in April, so depreciation and amortisation costs in the quarter rose 43 per cent to S$99 million. For a start, the complete revamp of the Resorts World Theatre into a first-of-its-kind Adventure Dining Playhouse is underway, and scheduled to open in 2021. Genting Singapore also gave an update on its bid to open an integrated resort in Japan. " We have fully met the application guidelines and qualifying criteria for the Osaka Request-for-Concept (RFC) and received the confirmation notice that our RFC registration was officially approved by the local government," the group said. " We are well-positioned to submit a world-class concept which will enhance Japan' s appeal as a global MICE and leisure destination." An interim dividend of 1.5 Singapore cents per share will be paid on Sept 20, the same as last year. Second-quarter earnings per share was 1.40 Singapore cents, down 5 per cent from 1.47 Singapore cents in the second quarter last year. First-half earnings per share for the half-year ended June 30 was 3.10 Singapore cents, down 5 per cent from 3.28 Singapore cents in the first-half last year. Genting Singapore shares fell two Singapore cents or 2.17 per cent to S$0.90 on Friday before the results were announced. https://www.businesstimes.com.sg/companies-markets/genting-singapore-q2-net-profit-falls-5-to-s1684m
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pkli899 Supreme	02-Aug-2019 22:11        pkli899 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Dreamer_1234      ( Date: 02-Aug-2019 22:07) Posted: I am sure GS will be back to >$1 again! Just be patience pkli899      ( Date: 02-Aug-2019 22:02) Posted: Not much better for me.....400k at $1. 100k at $1.04
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mn_888 Senior	02-Aug-2019 22:10        mn_888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Gaming revenue rose 22 per cent to S$441 million. Non-gaming revenue dipped 1 per cent to S$195 million... Positive katak88      ( Date: 02-Aug-2019 20:43) Posted: Genting Singapore Q2 net profit falls 5% to S$168.4m FRI, AUG 02, 2019 - 7:55 PM   GENTING Singapore, which owns Resorts World Sentosa (RWS), on Friday posted a net profit of S$168.4 million in the second quarter, down 5 per cent from the same period a year earlier. The decline might have been sharper, if not for the high-rolling win percentage in the VIP rolling business that provided some buffer against the slowing economy. Revenue for the three months ended June 30 rose 14 per cent to S$636.8 million. Gaming revenue rose 22 per cent to S$441 million. Non-gaming revenue dipped 1 per cent to S$195 million. Gaming revenue was largely driven by a favourable win percentage, the group said. " Underlying mass gaming business experienced significant declines in the quarter, and would have been further impacted if not for considerable increased spending to tap the regional markets."   Other drags on revenue will continue to affect the integrated resort for the rest of this year, it said. " We maintain our cautious stance on the premium segment as the regional economic environment faces uncertainty and will impact consumer confidence. " Nevertheless, RWS will continue to innovate its offerings to enhance and diversify its appeal to various target markets around the region." Adjusted ebitda (earnings before interest, tax, depreciation and amortisation) rose 11 per cent to S$294 million, while net impairments on gaming receivables stood at S$47.3 million. On a hold-normalised basis, adjusted ebitda was S$230 million, a decline of 20 per cent. During the quarter, RWS' s average daily visitation was over 20,000, while the hotel business had a " respectable" occupancy rate of 85 per cent. The group has drawn up plans to retire certain assets in connection with the mega-expansion of RWS announced in April, so depreciation and amortisation costs in the quarter rose 43 per cent to S$99 million. For a start, the complete revamp of the Resorts World Theatre into a first-of-its-kind Adventure Dining Playhouse is underway, and scheduled to open in 2021. Genting Singapore also gave an update on its bid to open an integrated resort in Japan. " We have fully met the application guidelines and qualifying criteria for the Osaka Request-for-Concept (RFC) and received the confirmation notice that our RFC registration was officially approved by the local government," the group said. " We are well-positioned to submit a world-class concept which will enhance Japan' s appeal as a global MICE and leisure destination." An interim dividend of 1.5 Singapore cents per share will be paid on Sept 20, the same as last year. Second-quarter earnings per share was 1.40 Singapore cents, down 5 per cent from 1.47 Singapore cents in the second quarter last year. First-half earnings per share for the half-year ended June 30 was 3.10 Singapore cents, down 5 per cent from 3.28 Singapore cents in the first-half last year. Genting Singapore shares fell two Singapore cents or 2.17 per cent to S$0.90 on Friday before the results were announced. https://www.businesstimes.com.sg/companies-markets/genting-singapore-q2-net-profit-falls-5-to-s1684m
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Dreamer_1234 Senior	02-Aug-2019 22:07        Dreamer_1234 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I am sure GS will be back to >$1 again! Just be patience pkli899      ( Date: 02-Aug-2019 22:02) Posted: Not much better for me.....400k at $1. 100k at $1.04. Dreamer_1234      ( Date: 02-Aug-2019 20:32) Posted: Haiz Mai Kong la .... >$1 :
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wishbone Master	02-Aug-2019 22:03        wishbone About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think can see 0.86 soon with this kind of result. Going forward, it will not be any better or may be even worse. Probably at best only after the end of the year. My expectation to g o back to $1 will likely to see my neck getting longer.
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pkli899 Supreme	02-Aug-2019 22:02        pkli899 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Not much better for me.....400k at $1. 100k at $1.04. Dreamer_1234      ( Date: 02-Aug-2019 20:32) Posted: Haiz Mai Kong la .... >$1 :( TANPK123      ( Date: 02-Aug-2019 20:27) Posted: Bro. What's your holding price
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pkli899 Supreme	02-Aug-2019 21:59        pkli899 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Me think so also. Was expecting quite a substantial drop. Goldfinger      ( Date: 02-Aug-2019 20:24) Posted: Frankly rather better than expected.
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Dreamer_1234 Senior	02-Aug-2019 20:48        Dreamer_1234 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes so tempting ! Goldfinger      ( Date: 02-Aug-2019 20:34) Posted: If same price Monday - May pick up some more. Juicer if it falls...
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katak88 Master	02-Aug-2019 20:43        katak88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Genting Singapore Q2 net profit falls 5% to S$168.4m FRI, AUG 02, 2019 - 7:55 PM   GENTING Singapore, which owns Resorts World Sentosa (RWS), on Friday posted a net profit of S$168.4 million in the second quarter, down 5 per cent from the same period a year earlier. The decline might have been sharper, if not for the high-rolling win percentage in the VIP rolling business that provided some buffer against the slowing economy. Revenue for the three months ended June 30 rose 14 per cent to S$636.8 million. Gaming revenue rose 22 per cent to S$441 million. Non-gaming revenue dipped 1 per cent to S$195 million. Gaming revenue was largely driven by a favourable win percentage, the group said. " Underlying mass gaming business experienced significant declines in the quarter, and would have been further impacted if not for considerable increased spending to tap the regional markets."   Other drags on revenue will continue to affect the integrated resort for the rest of this year, it said. " We maintain our cautious stance on the premium segment as the regional economic environment faces uncertainty and will impact consumer confidence. " Nevertheless, RWS will continue to innovate its offerings to enhance and diversify its appeal to various target markets around the region." Adjusted ebitda (earnings before interest, tax, depreciation and amortisation) rose 11 per cent to S$294 million, while net impairments on gaming receivables stood at S$47.3 million. On a hold-normalised basis, adjusted ebitda was S$230 million, a decline of 20 per cent. During the quarter, RWS' s average daily visitation was over 20,000, while the hotel business had a " respectable" occupancy rate of 85 per cent. The group has drawn up plans to retire certain assets in connection with the mega-expansion of RWS announced in April, so depreciation and amortisation costs in the quarter rose 43 per cent to S$99 million. For a start, the complete revamp of the Resorts World Theatre into a first-of-its-kind Adventure Dining Playhouse is underway, and scheduled to open in 2021. Genting Singapore also gave an update on its bid to open an integrated resort in Japan. " We have fully met the application guidelines and qualifying criteria for the Osaka Request-for-Concept (RFC) and received the confirmation notice that our RFC registration was officially approved by the local government," the group said. " We are well-positioned to submit a world-class concept which will enhance Japan' s appeal as a global MICE and leisure destination." An interim dividend of 1.5 Singapore cents per share will be paid on Sept 20, the same as last year. Second-quarter earnings per share was 1.40 Singapore cents, down 5 per cent from 1.47 Singapore cents in the second quarter last year. First-half earnings per share for the half-year ended June 30 was 3.10 Singapore cents, down 5 per cent from 3.28 Singapore cents in the first-half last year. Genting Singapore shares fell two Singapore cents or 2.17 per cent to S$0.90 on Friday before the results were announced. https://www.businesstimes.com.sg/companies-markets/genting-singapore-q2-net-profit-falls-5-to-s1684m
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Goldfinger Supreme	02-Aug-2019 20:34        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	If same price Monday - May pick up some more. Juicer if it falls...
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Dreamer_1234 Senior	02-Aug-2019 20:32        Dreamer_1234 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Haiz Mai Kong la .... >$1 :( TANPK123      ( Date: 02-Aug-2019 20:27) Posted: Bro. What's your holding price Dreamer_1234      ( Date: 02-Aug-2019 17:45) Posted: When is the dividend? N yes! Waiting for the Osaka good news! That?s the reason why I am hold looooonnnnggg
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TANPK123 Elite	02-Aug-2019 20:27        TANPK123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bro. What's your holding price Dreamer_1234      ( Date: 02-Aug-2019 17:45) Posted: When is the dividend? N yes! Waiting for the Osaka good news! That?s the reason why I am hold looooonnnngggg Goldfinger      ( Date: 02-Aug-2019 17:40) Posted: Very pleased to receive the interim dividend...good news also on Osaka RFC.
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Goldfinger Supreme	02-Aug-2019 20:24        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	Frankly rather better than expected.
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Dreamer_1234 Senior	02-Aug-2019 20:02        Dreamer_1234 About Contact  Quote this Post!
x 0   x 0  Alert Admin	In relation to the Group?s plan for the Japan IR opportunity, we have fully met the application guidelines and qualifying criteria of the Osaka Request-for-Concept (?RFC?) and received the confirmation notice that our RFC registration was officially approved by the local government. Having operated a highly successful IR that encompasses the full spectrum of a true IR in Singapore, we are well-positioned to submit a world-class concept which will enhance Japan?s appeal as a global MICE and leisure destination.
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