| Latest Forum Topics / Genting Sing Last:0.615 -- |
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Blackhorse
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TANPK123
Elite |
08-Jan-2020 16:25
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Damn lousy stock. I q to sell now liao..hopeless. Bye bye | ||||
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seanpent
Supreme |
08-Jan-2020 16:11
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This one still hasn?t recover ? | ||||
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Trader130
Supreme |
08-Jan-2020 09:24
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Will it be a royal flush or royal rumble Singapore continued its bid to enter the Japan market, one of the last untapped markets in the world. Considering the fact that Japan is the world&rsquo s third largest economy, the pay off could be tremendous for Genting Singapore. In view of this, it is no wonder that investors are fervently hoping that management would hit the jackpot ,no pun intended. Currently, Genting Singapore is making two bids for integrated resorts in Japan &ndash Osaka and Yokohama. What is the chance of Genting Singapore winning the bids.In my point of view, the Group stands a high chance of winning at least one bid. It is only a matter of when, and not if, that Genting Singapore win at least one of the Japan IR bids. In this article, I will share my views on this counter. In the blink of an eye, the integrated resort of Genting Singapore is already 10 years old! Just like Japan, Singapore previously did not have casinos. In 2005, the government granted two casino licenses, one to Genting Singapore, and the other to Las Vegas Sands Corp. For Genting Singapore, it integrated resort boasts the Universal Studios Singapore, Adventure Cove Waterpark and the S.E.A Aquarium. These offerings made it integrated resort a compelling offering to tourists. For sure, the success of Genting Singapore will turn Japan authorities head. But winning the bid is not a guarantee as there are competitors. It is likely that the Group is aiming to first win the Osaka IR bid. The Yokohama bid should be a form of insurance In any case, based on Singapore case study, it is highly unlikely that the Japan authorities would grant two IR licenses to the same company. Genting Singapore adventure in Japan came at a time when the IR operator risks becoming a one-trick pony. In terms of revenue for FY2018, the casino operations contributed 1.68 billion, 834 million from the non-gaming segment. The Group does not give profit breakdown from the business segments. But I believe the gaming segment should contribute the lion share of the profits. Note that this is an opinion article and not meant to be a financial advice. Please do your due diligence or engage financial advisors before investing in the stock market. |
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pkli899
Supreme |
07-Jan-2020 15:16
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  Waiting patiently.
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Gencasino
Senior |
07-Jan-2020 14:55
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The place was buzzing during Dec holidays. Results will definitely be good, except for taking up higher depreciation and hopefully receivables inpairment is better managed. They should look at increasing dividends
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pkli899
Supreme |
07-Jan-2020 14:17
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Winter will only end with good results announcement.
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Trader130
Supreme |
07-Jan-2020 14:05
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Now still winter sleeping
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TANPK123
Elite |
07-Jan-2020 12:57
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Sleeping dragon. When can wake up..... | ||||
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Dreamer_1234
Senior |
07-Jan-2020 12:22
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Haha I lost feeling Long ago..... please give me surprise
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Trader130
Supreme |
07-Jan-2020 11:46
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I think cannot feel yet ..
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Gencasino
Senior |
07-Jan-2020 10:11
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Can we see 1.00 before results announced. | ||||
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Trader130
Supreme |
03-Jan-2020 09:03
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BB still waiting for green light .. After I do not know what happen
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Gencasino
Senior |
02-Jan-2020 23:14
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Financials, EPS and 1 year estimated target price. Will try and copy/ paste another day
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pkli899
Supreme |
02-Jan-2020 22:56
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Sorry, cannot open. What' s regarding?
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Gencasino
Senior |
02-Jan-2020 22:40
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https://sg.finance.yahoo.com/quote/G13.SI/ | ||||
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TANPK123
Elite |
02-Jan-2020 21:42
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Sweee no 1.20 no sell... Sure huat
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Gencasino
Senior |
02-Jan-2020 17:26
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https://www.ggrasia.com/tokyo-one-to-watch-in-2020-casino-news-apac-venues-rising/
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Gencasino
Senior |
02-Jan-2020 16:56
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Come buyers come, hopefully not too late to miss this boat | ||||
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pkli899
Supreme |
02-Jan-2020 16:19
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Possibility very high because expect results for just concluded quarter to be good, maybe very good.
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Gencasino
Senior |
02-Jan-2020 15:57
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Important here is share price of GS. Who thinks will hit 1.20 with the results announcement?
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