| Latest Forum Topics / Genting Sing Last:0.615 -- |
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Genting SP Next Move
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Wind22i
Supreme |
04-Apr-2019 12:44
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Well the parent genting just bought equinimity the luxury yatch.. the parent is cash rich.. | ||||
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WL123456
Supreme |
04-Apr-2019 12:40
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Means less dividend for shareholders no ?
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tanweechong
Member |
04-Apr-2019 12:37
Yells: "I Love $$$$" |
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I though they are biding for Japan casino resort... No sure is true or not..... If true they need a lot of billions.... Need a lot of capital on top of the 4.5billion investment. Need to raise fund I think either right issue or perpetual bond..... Short term not so good but more for long term. I will stay away until dusk is settled down. | ||||
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michaeltan
Master |
04-Apr-2019 12:37
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I have checked is confirmed GS got about 4.2billion cash that has been  accumulated over the years. It needs to spend for expansion and this comes timely manner for GS to carry out the projects expansion. Otherwise they have to return it to shareholders of  unutilized money held in the comapny for certain period.
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tanweechong
Member |
04-Apr-2019 12:22
Yells: "I Love $$$$" |
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I suppose Genting market cap is not more than 13billion right... Need to confirm... If need to invest 4.5billion.....got so much money meh...... Most likely right issues soon.... Wait for 50cent than buy | ||||
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SgYuan
Supreme |
04-Apr-2019 12:18
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noted thks
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MarketSensors
Senior |
04-Apr-2019 12:17
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The best place to build the 3rd IR is at Changi Airport! 💪 | ||||
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Jamesbond007
Veteran |
04-Apr-2019 12:04
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They have done their maths n in this business for decades. Can' t be sitting at the fences n blowing the whistles. longer- term wise, they sure have made the right decisions. also good for our tourism related industries. BTW, how is your HF Ltd doing lately? not too gd, right.
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Qanghoo
Supreme |
04-Apr-2019 11:57
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Then can squeeze to 80c?
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rockman88
Senior |
04-Apr-2019 11:52
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Margin calls coming ... 
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lovetoshare
Elite |
04-Apr-2019 11:52
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No right issue lah 4.5billion cannot afford Then super funny. So many cash there liao
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Qanghoo
Supreme |
04-Apr-2019 11:49
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Rights issue for what?  Already so much cash (idling?).
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michaeltan
Master |
04-Apr-2019 11:48
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If i am not wrong, GS got a huge cash of SGD $4.2billion for the financial ended 31 dec 2018. Therefore, likely it will not issue right to protect investors  & its own interest. I believed it has the resources for planning of expansion. The gorvernment wants them to attract more visitors especially from oversea.
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tangobravo
Member |
04-Apr-2019 11:47
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don' t know want to cut loss not. entered @ 1.07 , didn' t expect to backfire.  | ||||
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lovetoshare
Elite |
04-Apr-2019 11:33
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Las vegas also invest 3.3billions. But all into SG market. Not a bad news for businessmen since govt so pro active to help foreigners .... Lol |
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limthomas26
Senior |
04-Apr-2019 11:25
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Possible at $0.67 if they planning right issue, or even lower. Had to monitor and safer not to buy now. |
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lovetoshare
Elite |
04-Apr-2019 11:23
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Wait for 0.67
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michaeltan
Master |
04-Apr-2019 11:22
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Get the printing machines ready.... how many you want? The more the marrier.... afterall GS is the boss who own 51%. Your money is my money is that clear! A smart businessman won' t be so stupid come money one. Your money is mine as the decision GS is the boss.  
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lovetoshare
Elite |
04-Apr-2019 11:17
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Those bought in more than they can hold lots. killing the price . |
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limthomas26
Senior |
04-Apr-2019 11:15
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Notice heavy selling, even BB are dumping. I will cut lost now and wait for opportunity to re-enter late when the price is below $0.8 Good luck . |
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