| Latest Forum Topics / Genting Sing Last:0.615 -- |
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STI marching 4000
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ahhuat08
Elite |
02-Aug-2017 17:20
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1.5 cts dividend declared. Sigh how come never buy this counter.  
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CraigFoo
Elite |
02-Aug-2017 17:19
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The cat is finally out of the bag.. it's been moving so discreeetly this week. High chance will gap up | ||||
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ahhuat08
Elite |
02-Aug-2017 17:17
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Earnings out: 2q 2016, net proftis : 18.8 million, 2 q 2017, nett profits : 172 million 1/2 yr 2016, net profits : 59 million, 1/2 yr 2017, nett profits : 382.8 miilio This is really spectacular sial. Tomorrow gap up |
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sunter
Senior |
02-Aug-2017 17:11
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Genting sp has no choices ,but to go up , a carrot is waiting for them in Japan , hahaha
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gopguppy
Veteran |
02-Aug-2017 17:10
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2Q results out!
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Trader130
Supreme |
02-Aug-2017 15:06
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🤣 😂 😬 🐂 💥
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CraigFoo
Elite |
02-Aug-2017 12:25
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Genting insider? What does it mean
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Trader130
Supreme |
01-Aug-2017 22:57
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Chiong soon ah👍
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KiLrOy
Elite |
01-Aug-2017 20:30
Yells: "I buy only what I can see." |
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If you bought in MAY 2015, there is a silver lining in this dark cloud for you to exit the two years holding.   Anyway back back to ths thread, seems like gonns be an early double top.~
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Goldfinger
Supreme |
01-Aug-2017 20:22
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It's a big positivite for GENS if Japan stocks to the Singapore model - they can shorten the learning curve and have economies of scale in terms of systems costs and implementation. Remember Japan isn't Spore and there was and is a lot of domestic opposition to the casinos there. Spore everyone follow Govt's call.
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Trader130
Supreme |
01-Aug-2017 15:28
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Analsysis Tan jia mah so that can make rhe price drop loh 😂 😂
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sunter
Senior |
01-Aug-2017 13:39
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They are weak in thier forecast ,and never see what is coming , but this time we may have a supprise , the revenue will overshot , hopefully above 800 mil ,. We will see a mini bull run in the stock.
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Trader130
Supreme |
01-Aug-2017 12:58
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Looks like same with 1Q shoot up and down haha😂 😂 😂
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gopguppy
Veteran |
01-Aug-2017 12:52
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Its changes to 2nd Aug after trading hrs.
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Yls1033
Member |
01-Aug-2017 12:49
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Genting Singapore PLC 2Q 17   weds 03.08.17. buy b4 market closes?  | ||||
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CraigFoo
Elite |
01-Aug-2017 12:26
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Unlikely to directly affect Genting now. As usual, the price stalled again. Patience needed to play this.
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gopguppy
Veteran |
01-Aug-2017 11:12
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Is this good or bad news for GS? Maybe good news if japan follows singapore model closely, and other players may not want to bid.
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gopguppy
Veteran |
01-Aug-2017 11:09
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Japan&rsquo s plans for resorts with casinos may collapse
Tokyo, Japan (Thinkstock)
 
 
 
By Richard N. Velotta Las Vegas Review-Journal
July 29, 2017 - 12:38 pm
 
 
Updated July 29, 2017 - 9:36 pm
Ever since Japan&rsquo s parliament approved legislation that would establish some form of casino gambling in that country, companies worldwide began angling for some way to get a piece of the action. The National Diet determined that it would work through 2017 to establish the gaming ground rules. How many casino resorts? Where would they be located? And, most importantly to the companies, who would operate them? Several of Las Vegas&rsquo big industry players sent representatives to Japan to lobby their policymaker friends. It sounds like that didn&rsquo t work. Reports from Japan now indicate lawmakers are embarking on a conservative path that at best won&rsquo t make commercial casino operators happy and at worst could result in them walking away from what has been described as one of the greatest financial opportunities the industry had ever seen. Operators were talking about investments of $10 billion, but potential revenue of $25 billion annually. &ldquo Any of us who are involved in Japan see the potential,&rdquo said Alan Feldman, executive vice president of MGM Resorts International, one of the companies vying to build a resort in Japan. &ldquo We&rsquo ve just got to have legislation that permits that to happen.&rdquo Grant Govertsen, a gaming analyst with Las Vegas-based Union Gaming, broke it down in an extensive report about the latest turn of events. He identified eight issues hindering the process, but one big focal point is Japan&rsquo s fixation with Singapore. When Singapore set the rules for establishing two resorts that opened in 2010, it set a maximum casino floor size of 15,000 square meters &mdash roughly the size of Mandalay Bay&rsquo s casino floor. But as Feldman and Govertsen point out, Singapore is home to 6 million people while Tokyo &mdash one of the likely casino sites in Japan &mdash has 35 million. &ldquo Simply put, the math just doesn&rsquo t work with such a size constraint,&rdquo Govertsen said in his report.  
If a 15,000-square-meter maximum is established in Japan, the high cost of land acquisition, construction and operations in that country would make it unfeasible for investment. &ldquo They&rsquo re almost, without intending to, enforcing a slot-box kind of mentality, which is far worse and isn&rsquo t going to meet their objectives which relate to tourism and investment,&rdquo Feldman said. &ldquo They&rsquo re not going to get what they think they&rsquo re going to get.&rdquo Japan also is considering another idea imported from Singapore: restrictions on admission by locals. It could be an admission fee charged to local residents or it could be limited visits. In Singapore, it costs local residents about $100 to enter the city&rsquo s two casinos over an entire year. One of the issues that emerges with a steep admission fee is that it has the potential to encourage compulsive gambling behavior as players try to chase what&rsquo s perceived as a loss. Ironically, Japan&rsquo s policymakers are expecting operators to develop comprehensive problem gambling programs if they win a concession. Japan wouldn&rsquo t be the first country to trot out a plan for economic development through integrated resorts with casinos. South Korea and Vietnam have tried and failed. But Japan is supposed to be different and an enormous opportunity. It begged this question from Govertsen in his report: What would happen if Japan threw a request for proposals and nobody came? |
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sunter
Senior |
01-Aug-2017 10:30
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😋 😋 😋 👍 👍 👍 🙏 yes
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explosive2013
Master |
01-Aug-2017 09:37
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I tot jp fund hv secretly accumulate 1% already. They may incre up to 2% | ||||
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