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newbieliu Elite	28-Mar-2020 14:30        newbieliu About Contact  Quote this Post!
x 0   x 0  Alert Admin	I really doubt it is real lol . Even the fav yakun or Toast Box uncle auntie all don?t dare to go now Gencasino      ( Date: 28-Mar-2020 13:47) Posted: Share picture see how crowded  TANPK123      ( Date: 28-Mar-2020 13:23) Posted: Good news.. I'm inside sentosa Casino now. Outside not much people.. But inside alot of table is open with gambler. Swee liao... Huat leh. Monday will push higher with all the good news and gov support...
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Gencasino Senior	28-Mar-2020 14:27        Gencasino About Contact  Quote this Post!
x 0   x 0  Alert Admin	Good news. Good luck  Joelton      ( Date: 28-Mar-2020 13:49) Posted: Genting SG receives major lifeline from Resilience Budget Samantha Chiew  27/03/2020, 12:01pm SINGAPORE (Mar 27): Analysts are more upbeat on Genting Singapore (GENS) as the group managed to receive a major lifeline in the form of property tax and wage setoffs by the government. The Singapore government yesterday announced a $48 billion Resilience Budget to help companies and individuals tide through the negative effects of the Covid-19 outbreak. With this, Maybank Kim Eng and CGS-CIMB is keeping &ldquo buy&rdquo calls on GENS, with target prices of 84 cents and 76 cents, respectively. Two measures from the Resilient Budget will impact GENS&rsquo Resort World Sentosa (RWS): property tax rebate for integrated resorts will be raised to 60% from 10% and the government pay companies 25% (general) or 75% (tourism) of monthly wages for every local worker capped at SGD4.6k each for 9 months till end-2020. In FY18, GENS paid salaries of some $456.7 million to about 13,000 employees. This translates into average salary per employee of about $2,900 per month. That said, &lsquo Integrated Resort&rsquo does not appear to be categorized under ' tourism' in the relevant annexure of the Resilience Budget. In a Thursday report, Maybank analyst Yin Shao Yang says, &ldquo Thus, GENS may receive 75% wage set off for its hotels and theme park workers but just 25% for its casino workers. We understand that locals account for about 70% of GENS&rsquo some 13,000 employees (legal minimum: 65%).&rdquo CGS-CIMB analyst Lim Siew Khee on the other hand, reckons that the group could save up to $171 million in FY20. &ldquo We estimate the JSS could result in cost savings of $50-150 million (about 4- 12.3% of FY20 admin costs) assuming 60% of GENS workers are eligible locals, FY20 staff costs are some $450 million and applying the wage grant brackets of 25-75%. Should both these measures kick in, FY20 EBITDA could be lifted by about 10-26% and FY20 net profit by around 22-54%,&rdquo says Lim. Meanwhile, Lim awaits further reconfirmation of such cost savings from management but is positive that the measures could cushion the impact from the significant reduction in tourist flows. As at 11.50pm, shares in GENS are trading at 7.32% higher at 66 cents or 0.9 times FY20 book with a dividend yield of 6.5%, according to Maybank&rsquo s estimates. https://www.theedgesingapore.com/capital/brokers-calls/genting-sg-receives-major-lifeline-resilience-budget
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Joelton Supreme	28-Mar-2020 13:49        Joelton About Contact  Quote this Post!
x 0   x 0  Alert Admin	Genting SG receives major lifeline from Resilience Budget Samantha Chiew  27/03/2020, 12:01pm SINGAPORE (Mar 27): Analysts are more upbeat on Genting Singapore (GENS) as the group managed to receive a major lifeline in the form of property tax and wage setoffs by the government. The Singapore government yesterday announced a $48 billion Resilience Budget to help companies and individuals tide through the negative effects of the Covid-19 outbreak. With this, Maybank Kim Eng and CGS-CIMB is keeping &ldquo buy&rdquo calls on GENS, with target prices of 84 cents and 76 cents, respectively. Two measures from the Resilient Budget will impact GENS&rsquo Resort World Sentosa (RWS): property tax rebate for integrated resorts will be raised to 60% from 10% and the government pay companies 25% (general) or 75% (tourism) of monthly wages for every local worker capped at SGD4.6k each for 9 months till end-2020. In FY18, GENS paid salaries of some $456.7 million to about 13,000 employees. This translates into average salary per employee of about $2,900 per month. That said, &lsquo Integrated Resort&rsquo does not appear to be categorized under ' tourism' in the relevant annexure of the Resilience Budget. In a Thursday report, Maybank analyst Yin Shao Yang says, &ldquo Thus, GENS may receive 75% wage set off for its hotels and theme park workers but just 25% for its casino workers. We understand that locals account for about 70% of GENS&rsquo some 13,000 employees (legal minimum: 65%).&rdquo CGS-CIMB analyst Lim Siew Khee on the other hand, reckons that the group could save up to $171 million in FY20. &ldquo We estimate the JSS could result in cost savings of $50-150 million (about 4- 12.3% of FY20 admin costs) assuming 60% of GENS workers are eligible locals, FY20 staff costs are some $450 million and applying the wage grant brackets of 25-75%. Should both these measures kick in, FY20 EBITDA could be lifted by about 10-26% and FY20 net profit by around 22-54%,&rdquo says Lim. Meanwhile, Lim awaits further reconfirmation of such cost savings from management but is positive that the measures could cushion the impact from the significant reduction in tourist flows. As at 11.50pm, shares in GENS are trading at 7.32% higher at 66 cents or 0.9 times FY20 book with a dividend yield of 6.5%, according to Maybank&rsquo s estimates. https://www.theedgesingapore.com/capital/brokers-calls/genting-sg-receives-major-lifeline-resilience-budget
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Gencasino Senior	28-Mar-2020 13:47        Gencasino About Contact  Quote this Post!
x 0   x 0  Alert Admin	Share picture see how crowded  TANPK123      ( Date: 28-Mar-2020 13:23) Posted: Good news.. I'm inside sentosa Casino now. Outside not much people.. But inside alot of table is open with gambler. Swee liao... Huat leh. Monday will push higher with all the good news and gov support...
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TANPK123 Elite	28-Mar-2020 13:23        TANPK123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Good news.. I'm inside sentosa Casino now. Outside not much people.. But inside alot of table is open with gambler. Swee liao... Huat leh. Monday will push higher with all the good news and gov support...
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sengsk Elite	28-Mar-2020 13:07        sengsk About Contact  Quote this Post!
x 0   x 0  Alert Admin	Still in our shorting plan. As long stimulus package noises gone, It will be in a stress worrying game mode again. Yesterday should be good day of shorting. (Just our personal view only, No encouragement for Buy/Sell ) sengsk      ( Date: 25-Mar-2020 15:55) Posted: Getting really to short 0.62 just for play play
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brunotee Member	28-Mar-2020 12:03        brunotee About Contact  Quote this Post!
x 0   x 0  Alert Admin	Don't chase, sentiments still weak n may not see the worst yet. There are many casino in this region, not many gamblers now, Lucky and thankful to escape fm the recent hell I was caught. Clear 90% of long bought in near to the bottom. Stay cautious and look around the shopping mall n free go dwn to airport lobby n see for ur self how many plane landed within an hour, Scarely if u ate there to witness for your self. Air traffic has dropped drastically. Look at taxi q at airport, Ull know the present situation global are in dire. Could it be another domino effects in the coming months?
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john_ric Supreme	28-Mar-2020 11:45        john_ric About Contact  Quote this Post!
x 0   x 0  Alert Admin	the trouble is dividends from all the companies will suffer cuts. huhu yield may be 0.05% like bank saving interests!?
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TANPK123 Elite	28-Mar-2020 11:23        TANPK123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Monday all down. But this GS master stock will up for sure... All bank and buyer support... Gov also support. No reason to see red. This GS is really a good gems stock to invest for hold. Dividend 6.9%on current price. What U all waiting for. Wait until 90cent den buy ah. Don't be silly.... Now so cheap... Give discount liao... 3 months will see returns. Huat Ah... Monday add another 20lot
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Gencasino Senior	28-Mar-2020 11:05        Gencasino About Contact  Quote this Post!
x 0   x 0  Alert Admin	DBS been saying 1.20 for the longest time,&rdquo . Never hit any analyst price of between 1 and 1.30 for 2 years. So it&rsquo s few years of wait now before it goes back to 80-90 cents. Short term may get lots of volatility because of US. Until travel starts again in fre months time. Also need to see H1 result  uiop1223      ( Date: 28-Mar-2020 08:03) Posted: Nay. Will see genting back to 50+ cents by apr. 9 out of 10 analyst reports are Buys.
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Trader130 Supreme	28-Mar-2020 09:04        Trader130 About Contact  Quote this Post!
x 0   x 0  Alert Admin	30 cents I will buy in bulk ... any other price no buy
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uiop1223 Supreme	28-Mar-2020 08:03        uiop1223 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Nay. Will see genting back to 50+ cents by apr. 9 out of 10 analyst reports are Buys.
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TANPK123 Elite	28-Mar-2020 07:41        TANPK123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	SINGAPORE (Mar 27): Analysts are more upbeat on Genting Singapore (GENS) as the group managed to receive a major lifeline in the form of property tax and wage setoffs by the government. The Singapore government yesterday announced a $48 billion Resilience Budget to help companies and individuals tide through the negative effects of the Covid-19 outbreak. With this, Maybank Kim Eng and CGS-CIMB is keeping ?buy? calls on GENS, with target prices of 84 cents and 76 cents, respectively.
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Trader130 Supreme	27-Mar-2020 22:07        Trader130 About Contact  Quote this Post!
x 0   x 0  Alert Admin	To mean the next. Stimulus package name will be change to EP Liao ... Trader130      ( Date: 27-Mar-2020 22:05) Posted: Emergency package I would say 😆   Gencasino      ( Date: 27-Mar-2020 21:44) Posted: Malaysia announced stimulus package. SG will do more if needed.
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Trader130 Supreme	27-Mar-2020 22:05        Trader130 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Emergency package I would say 😆   Gencasino      ( Date: 27-Mar-2020 21:44) Posted: Malaysia announced stimulus package. SG will do more if needed.  cheongweevictor      ( Date: 27-Mar-2020 21:17) Posted: i will try to..lma
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Gencasino Senior	27-Mar-2020 21:44        Gencasino About Contact  Quote this Post!
x 0   x 0  Alert Admin	Malaysia announced stimulus package. SG will do more if needed.  cheongweevictor      ( Date: 27-Mar-2020 21:17) Posted: i will try to..lmao Trader130      ( Date: 27-Mar-2020 21:00) Posted: No no no no .. Market is never bottom esp STI ... u should know better than me ...
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cheongweevictor Supreme	27-Mar-2020 21:17        cheongweevictor About Contact  Quote this Post!
x 0   x 0  Alert Admin	i will try to..lmao Trader130      ( Date: 27-Mar-2020 21:00) Posted: No no no no .. Market is never bottom esp STI ... u should know better than me ...  cheongweevictor      ( Date: 27-Mar-2020 20:56) Posted: i am refering to market bottom, whcih i m expecting..buy then,.,not now now i am on the short etf in and out,
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Trader130 Supreme	27-Mar-2020 21:04        Trader130 About Contact  Quote this Post!
x 0   x 0  Alert Admin	US will be the leading drop soon ... cheongweevictor      ( Date: 27-Mar-2020 20:56) Posted: i am refering to market bottom, whcih i m expecting..buy then,.,not now now i am on the short etf in and out,, Trader130      ( Date: 27-Mar-2020 20:28) Posted: Put where also the   same . Market crash ..... US worst drop ... Alibaba drop more ... u should shot it down .. just like SG shares
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Trader130 Supreme	27-Mar-2020 21:00        Trader130 About Contact  Quote this Post!
x 0   x 0  Alert Admin	No no no no .. Market is never bottom esp STI ... u should know better than me ...  cheongweevictor      ( Date: 27-Mar-2020 20:56) Posted: i am refering to market bottom, whcih i m expecting..buy then,.,not now now i am on the short etf in and out,, Trader130      ( Date: 27-Mar-2020 20:28) Posted: Put where also the   same . Market crash ..... US worst drop ... Alibaba drop more ... u should shot it down .. just like SG shares
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cheongweevictor Supreme	27-Mar-2020 20:56        cheongweevictor About Contact  Quote this Post!
x 0   x 0  Alert Admin	i am refering to market bottom, whcih i m expecting..buy then,.,not now now i am on the short etf in and out,, Trader130      ( Date: 27-Mar-2020 20:28) Posted: Put where also the   same . Market crash ..... US worst drop ... Alibaba drop more ... u should shot it down .. just like SG shares  cheongweevictor      ( Date: 27-Mar-2020 19:53) Posted: stop buying this lame duck,,put your money in Alibaba better,
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