| Latest Forum Topics / Genting Sing Last:0.615 -- |
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Genting SP Next Move
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Lobster
Elite |
03-Jun-2021 13:11
Yells: "Even Adam Khoo believes in the Black Market!" |
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Why Yokohama? Many missed an important fact.  during one of the AGM buffet break, President Tan revealed an interesting point. He is going to make use of Genting cruise ships to bring in the tons of Chinese customers, to The Yokohama IR. Genting Singapore is going to save Genting HK from sinking. |
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Goldfinger
Supreme |
03-Jun-2021 12:48
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Yokohama is the biggest Japan casino IR prize. It is 20minutes from Tokyo and land cost cheaper. It is basically a suburb of Tokyo. Yokohama is also the biggest port and 2nd biggest City. What more to say but strike Toto first prize if they win? | ||||
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Lobster
Elite |
03-Jun-2021 12:39
Yells: "Even Adam Khoo believes in the Black Market!" |
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Good disciplined closing at day break. From day one, I already advised that it will be a disciplined, controlled even, trading rather than an irrational exuberance type. So of course there will be slight up, slight down. As in any thread, theres will always be the odd people out here commenting negatively. And I do mean odd as in the mental case sense, and by the way, if you want to go deep sea fishing, you use a big freezer trawler. You don' t go deep sea fishing in a sampan boat with an umbrella, and worse, bring along a bear as your companion , and even worse have a taxi driver to navigate the sampan, just because he can navigate Singapore roads.... deep sea don' t have GPS hor
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pkli899
Supreme |
03-Jun-2021 12:13
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GS is cash rich....as at close of last FY, it was S$3.994 Bn. There was an increase in cash balance despite FY 2020 being a terribly bad year. If GS do win the IR bid in Japan, this cash balance together with extremely low interest JPY loan, will be sufficient for the development.  RWS guests mainly come from SEA region. Whereas Japan IR guests will be from North Asia catchment. There is no competition for patrons among these 2 IR. There will be zero impact on RWS fundementally. No matter how we see it, winning Japan IR bid will be a postive development for GS. Hence, holders of GS stock should hope for success of bid.     |
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taxiuncle
Veteran |
03-Jun-2021 12:10
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Fake buyer ? Pump n dump ? | ||||
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Lobster
Elite |
03-Jun-2021 11:48
Yells: "Even Adam Khoo believes in the Black Market!" |
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0.88c now. | ||||
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Boatman
Master |
03-Jun-2021 11:20
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buying stop at 87.5 cents lao ahahahah | ||||
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Boatman
Master |
03-Jun-2021 11:13
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i dont need hide haahah i want to buy low 80cents! | ||||
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Boatman
Master |
03-Jun-2021 11:11
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i wanna buy low | ||||
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coolbear123
Senior |
03-Jun-2021 11:07
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Haha chill bro, let' s see in a few days time :) 
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Boatman
Master |
03-Jun-2021 11:06
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gogogo drop more | ||||
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Lobster
Elite |
03-Jun-2021 11:01
Yells: "Even Adam Khoo believes in the Black Market!" |
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Even when they wear masks, you can see the desperation on their faces. plunge? Haha... plunge from 0.79 last week to 0.87 now. They keep betting it will going down... One day they are going to be right, this is their only gamble, pun intended. I' ll leave the barking dogs alone from now.
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Lobster
Elite |
03-Jun-2021 10:44
Yells: "Even Adam Khoo believes in the Black Market!" |
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GEN Sing comeback likely faster than some ops: NomuraBusiness for Genting Singapore Ltd, the promoter of the Resorts World Sentosa casino complex in Singapore,is likely to be &ldquo one of the better tourism recovery stories due to its balance sheet strength and good control of Covid-19 in Singapore,&rdquo said banking group Nomura
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Lobster
Elite |
03-Jun-2021 10:39
Yells: "Even Adam Khoo believes in the Black Market!" |
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Some people gonna tear their hair every time they open up this thread. the torture will be quite excruciating as the time goes on and it will last for some time. ![]()   Casino firm Genting Singapore Ltd can beat out rival global operator Melco Resorts and Entertainment Ltd, the other  qualified bidder  in the race to be Yokohama&rsquo s partner on a casino complex, suggests a Wednesday note from    Maybank Investment Bank Bhd. A Monday note from banking group Nomura had been more cautious, saying it &ldquo would ascribe at  least a 50  percent probability of Genting Singapore  being selected as a winning bidder&rdquo for a casino scheme or integrated resort (IR) as they are known in Japan. Maybank said  factors in  Genting Singapore&rsquo s  favour included its  decision to  link  with Japan-based entertainment and gaming conglomerate Sega Sammy Holdings Inc  for a Yokohama project. The latter already has experience of such cooperation via the Paradise City gaming resort alongside Paradise Co Ltd, in Incheon, South Korea. Genting Singapore runs the Resorts World Sentosa casino resort, part of Singapore&rsquo s duopoly. &ldquo If Genting Singapore owns 50 percent of the joint venture&rdquo proposed for Yokohama, &ldquo we estimate that a Yokohama IR will add SGD1.8 billion [US$1.36 billion] to earnings,&rdquo wrote Maybank analyst Samuel Yin Shao Yang. A May 19 note from Maybank had estimated that in the year 2028 &ndash assuming that would be the first 12 months of operation of the casino scheme in Yokohama &ndash it could generate annually US$6.5 billion in gaming revenue, and an additional US$1.9 billion in non-gaming revenue. Mr Yin acknowledged in his latest note on the Yokohama race, recent commentary from Sega Sammy&rsquo s management, that it would prefer to be  a minority partner  in a Japan IR. &ldquo In our view, Genting Singapore scores better in promoting tourism, management and financial ability and responsible gambling initiatives relative to Melco,&rdquo   stated the Maybank analyst. He also noted that the Genting-Sega Sammy choice of construction partner for any scheme in Yokohama (city, pictured) &ndash Japan-based Kajima Corp &ndash &ldquo was  the main contractor that constructed Genting Singapore&rsquo s  Resorts World Sentosa&rdquo . Local authorities interested in hosting a casino resort must first select a commercial partner, and then apply to the national government for the right to host such a facility. Up to three resorts will be permitted in Japan under the relevant legislation framework.   |
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Boatman
Master |
03-Jun-2021 10:37
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plunge | ||||
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Boatman
Master |
03-Jun-2021 10:27
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get ready to drop after the ir news | ||||
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Boatman
Master |
03-Jun-2021 10:26
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those who fomo will lose $
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Boatman
Master |
03-Jun-2021 10:10
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high  development cost... and unlikely it will be ready in 5yrs... with the labour crunch | ||||
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Boatman
Master |
03-Jun-2021 10:07
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good luck loh... where to find money to build another casino?
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coolbear123
Senior |
03-Jun-2021 10:05
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Great opportunity to those who sold yesterday
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