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Trader130 Supreme	20-May-2019 17:17        Trader130 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Can independent Director Mr Koh who sold his Bulk of GS shares be   bar from becoming the board director ? Is he loyal to the company or just want dividends? Anyone can investigate? Any regulation states that Independent director should not sell more than % ?
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sunter Senior	20-May-2019 16:34        sunter About Contact  Quote this Post!
x 0   x 0  Alert Admin	All genting shares like going bankrupt , after elder like pass to them
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Goldfinger Supreme	20-May-2019 10:50        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	I bought 300 lots at the 40-60cent range prior to the Sentosa casino win award. So happy and sold the bulk above $2. Love this stock. Always special to me. Qanghoo      ( Date: 18-May-2019 20:41) Posted: haha, so let' s hope px tumble to pre-casino days n then make sire we all don' t miss the boat then !!!! Dreamer_1234      ( Date: 18-May-2019 19:33) Posted: Same here. Just wait for uptrend.... never ending to keep averaging ...remember Lehman?s Brother case!!
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kandinsky Master	19-May-2019 23:32        kandinsky About Contact  Quote this Post!
x 0   x 0  Alert Admin	I can afford to lose half of my investment in any stock I buy coz I believe in spreading out my risk. Dreamer_1234      ( Date: 18-May-2019 19:33) Posted: Same here. Just wait for uptrend.... never ending to keep averaging ...remember Lehman?s Brother case!!! kandinsky      ( Date: 18-May-2019 12:02) Posted: Not keen to load more or average, will just wait for upward trend.
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pkli899 Supreme	18-May-2019 22:01        pkli899 About Contact  Quote this Post!
x 0   x 0  Alert Admin	WL123456      ( Date: 17-May-2019 23:54) Posted: It?s ok, don?t have to apologise . Just here to exchange opinions. Constructive opinions . We learn from each other . :) pkli899      ( Date: 17-May-2019 20:42) Posted: Sorry if I got it wrong. Remembered Chairman as well as CEO did mentioned there are many restrictions to what they can disclose. Example, the proportion of locals and foreigners patronising the casino. I thought proportion on gaming and non gaming revenue is another one. My bad! My apology. Genting Chairman did emphasized he forsee the drop in gaming revenue, therefore Genting 2.0 expansion is not so much on gaming aspect but more on family oriented attractions. The aquarium is going to be expanded by so much that it will be the biggest in the world when completed. The Chairman actually passed a casual remark liken to: why MBS expansion plan is still emphasizing so much on gaming? Genting 2.0 will add 2 more hotels with a total of 1,100 rooms. Currently they only have 1,600 rooms in RWS and one other hotel in Jurong to supplement the shortage of rooms. Imagine how much more revenue this addition can bring in. It is so unproductive and high cost to run a hotel so far away from RWS. Hence, they actually can consider selling it after the additional rooms are completed.
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Goldfinger Supreme	18-May-2019 20:59        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	Indeed getting prettier now... hope the Trump - China war intensified and pushed this down more.. this baby worth keeping LT.
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enjoylife77 Veteran	18-May-2019 20:56        enjoylife77 About Contact  Quote this Post!
x 0   x 0  Alert Admin	With the expected 3.5 c stagnant dividend going forward, why would anyone be buying into GS at current price?
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Qanghoo Supreme	18-May-2019 20:41        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	haha, so let' s hope px tumble to pre-casino days n then make sire we all don' t miss the boat then !!!! Dreamer_1234      ( Date: 18-May-2019 19:33) Posted: Same here. Just wait for uptrend.... never ending to keep averaging ...remember Lehman?s Brother case!!! kandinsky      ( Date: 18-May-2019 12:02) Posted: Not keen to load more or average, will just wait for upward trend.
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Dreamer_1234 Senior	18-May-2019 19:33        Dreamer_1234 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Same here. Just wait for uptrend.... never ending to keep averaging ...remember Lehman?s Brother case!!! kandinsky      ( Date: 18-May-2019 12:02) Posted: Not keen to load more or average, will just wait for upward trend.
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kandinsky Master	18-May-2019 12:02        kandinsky About Contact  Quote this Post!
x 0   x 0  Alert Admin	Not keen to load more or average, will just wait for upward trend.
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WL123456 Supreme	17-May-2019 23:54        WL123456 About Contact  Quote this Post!
x 0   x 0  Alert Admin	It?s ok, don?t have to apologise . Just here to exchange opinions. Constructive opinions . We learn from each other . :) pkli899      ( Date: 17-May-2019 20:42) Posted: Sorry if I got it wrong. Remembered Chairman as well as CEO did mentioned there are many restrictions to what they can disclose. Example, the proportion of locals and foreigners patronising the casino. I thought proportion on gaming and non gaming revenue is another one. My bad! My apology. Genting Chairman did emphasized he forsee the drop in gaming revenue, therefore Genting 2.0 expansion is not so much on gaming aspect but more on family oriented attractions. The aquarium is going to be expanded by so much that it will be the biggest in the world when completed. The Chairman actually passed a casual remark liken to: why MBS expansion plan is still emphasizing so much on gaming? Genting 2.0 will add 2 more hotels with a total of 1,100 rooms. Currently they only have 1,600 rooms in RWS and one other hotel in Jurong to supplement the shortage of rooms. Imagine how much more revenue this addition can bring in. It is so unproductive and high cost to run a hotel so far away from RWS. Hence, they actually can consider selling it after the additional rooms are completed.   WL123456      ( Date: 17-May-2019 17:22) Posted: The proportion is revealed in the notes to financial statements . Non gaming revenue currently for GS is at 33% while gaming revenue is at 67% for FY 2018 and for current Q1 19, non gaming is 32.7% while gaming is 67.3%. Please also note that the trade receivable swell to 333.658 mil. It?s quite clear that without the casino portion , GS will not survived . Given the worldwide downtrend on casino spending due to Chuan capital control , all casinos are affected . If Macau sneeze, the rest will have fever . Just my opinion. I have no position in GS but would like to buy if it reaches 70c-80c range which I stated previously .
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Trader130 Supreme	17-May-2019 23:20        Trader130 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Jurongeast can fetch high price ... Sell better  Johnjohnnyhi      ( Date: 17-May-2019 22:55) Posted: Selling Genting Jurong away? If HSR do take lace, that might be a different case. My thoughts...
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Johnjohnnyhi Member	17-May-2019 22:55        Johnjohnnyhi About Contact  Quote this Post!
x 0   x 0  Alert Admin	Selling Genting Jurong away? If HSR do take lace, that might be a different case. My thoughts...
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pkli899 Supreme	17-May-2019 20:42        pkli899 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sorry if I got it wrong. Remembered Chairman as well as CEO did mentioned there are many restrictions to what they can disclose. Example, the proportion of locals and foreigners patronising the casino. I thought proportion on gaming and non gaming revenue is another one. My bad! My apology. Genting Chairman did emphasized he forsee the drop in gaming revenue, therefore Genting 2.0 expansion is not so much on gaming aspect but more on family oriented attractions. The aquarium is going to be expanded by so much that it will be the biggest in the world when completed. The Chairman actually passed a casual remark liken to: why MBS expansion plan is still emphasizing so much on gaming? Genting 2.0 will add 2 more hotels with a total of 1,100 rooms. Currently they only have 1,600 rooms in RWS and one other hotel in Jurong to supplement the shortage of rooms. Imagine how much more revenue this addition can bring in. It is so unproductive and high cost to run a hotel so far away from RWS. Hence, they actually can consider selling it after the additional rooms are completed.   WL123456      ( Date: 17-May-2019 17:22) Posted: The proportion is revealed in the notes to financial statements . Non gaming revenue currently for GS is at 33% while gaming revenue is at 67% for FY 2018 and for current Q1 19, non gaming is 32.7% while gaming is 67.3%. Please also note that the trade receivable swell to 333.658 mil. It?s quite clear that without the casino portion , GS will not survived . Given the worldwide downtrend on casino spending due to Chuan capital control , all casinos are affected . If Macau sneeze, the rest will have fever . Just my opinion. I have no position in GS but would like to buy if it reaches 70c-80c range which I stated previously . pkli899      ( Date: 17-May-2019 13:43) Posted: 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.
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Trader130 Supreme	17-May-2019 20:10        Trader130 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Guess   on gaming 40% to   gaming 60% kandinsky      ( Date: 17-May-2019 18:00) Posted: I agree, the profit is decent for Genting Singapore, it is doing so well that it is looking to expand into Japan market. If Genting is a losing company, it won't have the funds nor the capability to expand. I think Genting is seriously oversold and market expectations of Genting is hyper unrealistic. Naysayers are expecting non gaming revenue to stay the same, but why can't Genting grow their non gaming business to surpass the gaming business in terms of percentage? pkli899      ( Date: 17-May-2019 16:52) Posted: Not as if the company is losing money. It is still very profitable. In fact this quarter profit was much higher than previous. Dun fall into the trap of irresponsible people out to create panic.
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pkli899 Supreme	17-May-2019 20:10        pkli899 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Agreed, not one stock dropping......is almost entire market. kandinsky      ( Date: 17-May-2019 18:05) Posted: Just hold the rest and wait for better days, whole market is down, the drop in Genting is due to the market sentiment. maccer      ( Date: 17-May-2019 15:37) Posted: 100 sold half..
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kandinsky Master	17-May-2019 18:05        kandinsky About Contact  Quote this Post!
x 0   x 0  Alert Admin	Just hold the rest and wait for better days, whole market is down, the drop in Genting is due to the market sentiment. maccer      ( Date: 17-May-2019 15:37) Posted: 100 sold half... kandinsky      ( Date: 17-May-2019 15:36) Posted: How many lots you held
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kandinsky Master	17-May-2019 18:00        kandinsky About Contact  Quote this Post!
x 1   x 0  Alert Admin	I agree, the profit is decent for Genting Singapore, it is doing so well that it is looking to expand into Japan market. If Genting is a losing company, it won't have the funds nor the capability to expand. I think Genting is seriously oversold and market expectations of Genting is hyper unrealistic. Naysayers are expecting non gaming revenue to stay the same, but why can't Genting grow their non gaming business to surpass the gaming business in terms of percentage? pkli899      ( Date: 17-May-2019 16:52) Posted: Not as if the company is losing money. It is still very profitable. In fact this quarter profit was much higher than previous. Dun fall into the trap of irresponsible people out to create panic.
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WL123456 Supreme	17-May-2019 17:22        WL123456 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The proportion is revealed in the notes to financial statements . Non gaming revenue currently for GS is at 33% while gaming revenue is at 67% for FY 2018 and for current Q1 19, non gaming is 32.7% while gaming is 67.3%. Please also note that the trade receivable swell to 333.658 mil. It?s quite clear that without the casino portion , GS will not survived . Given the worldwide downtrend on casino spending due to Chuan capital control , all casinos are affected . If Macau sneeze, the rest will have fever . Just my opinion. I have no position in GS but would like to buy if it reaches 70c-80c range which I stated previously . pkli899      ( Date: 17-May-2019 13:43) Posted: 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.
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pkli899 Supreme	17-May-2019 16:52        pkli899 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Not as if the company is losing money. It is still very profitable. In fact this quarter profit was much higher than previous. Dun fall into the trap of irresponsible people out to create panic.
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