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This is the beauty of it all..
The fact is that no one, and absolutely no one,
can be sure of how the stock market wil turn out next,
unless one can see the future, of course..
Thus, it is no use for anyone to be contentious with their own views.
And to keep on repeating that "the market is always right" is unnecessary too.
because everyone
already knows that the market is always right.
my fung tsui sinseh says otherwise.
Care to elabrorate on Genting SP and not on GENTING BERHAD. thk...
pharoah88 ( Date: 25-Sep-2010 19:55) Posted:
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you can get more info
at the GENTING BERHAD thread in this forum.
The info is obtained from internet.
you may find the link if i did not forget.
Otherwise, just google "GENTING BHD now has RM 16.25 billion in CASH".
teeth53 ( Date: 25-Sep-2010 16:39) Posted:
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Would appreciate cash generating machine? care to elabrorate on Genting SP.
As i was wondering how it is going to pay of it mountain of debt, like interest repayment, it huge over run cost, it consistent construction payment. It sustainable huge operation.
Since it operation here would like to hear more good stuff from U, how Gent SP earn it ton of money ?. and agree not to pay dividend to it borrowers over the next few years. |
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read in cna forum mbs having croupiers' problems. they have long black faces there while rws croupiers all happy & smiling.
$1,70-$1.80 to accumulate, this is where 50MA will be .
Strong support by then 3Q results will be out.
Saturday: Straits Times
Life Section - jay talking
Jeremy Au Yong
A 'blanket ban' on casino ads
Jeremy suggested that
Covering Up Marina Bay Sands can help to reduce Singaporeans' penchant for gambling.
This is to tackle a most sensitive and critical issue.
you can get more info
at the GENTING BERHAD thread in this forum.
The info is obtained from internet.
you may find the link if i did not forget.
Otherwise, just google "GENTING BHD now has RM 16.25 billion in CASH".
teeth53 ( Date: 25-Sep-2010 16:39) Posted:
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Would appreciate cash generating machine? care to elabrorate on Genting SP.
As i was wondering how it is going to pay of it mountain of debt, like interest repayment, it huge over run cost, it consistent construction payment. It sustainable huge operation.
Since it operation here would like to hear more good stuff from U, how Gent SP earn it ton of money ?. and agree not to pay dividend to it borrowers over the next few years.
pharoah88 ( Date: 25-Sep-2010 14:43) Posted:
Genting Berhad now has RM$16.25 billion in cash and it has total liabilities of RM$19.6 billion.
Cash generating machine?
The fact that the company has generated RM$2.5 billion in operating cashflow yearly since 2007 is an impressive feat. This year it has generated more than that in the first 6 months of 2010. I love consistent and predictable cashflows from operations more than anything else.
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At the last AGM
GENTING SP COO explained to the FLOOR
on the Dividend Payment Authorisation.
It was in the papers.
It was in the TV news, especially Channel News Asia.
I am not GENTING SP's Director and I am nOt paid to do this job.
To satisfy yourself fully, just go to Investor Relations and email your question(s) DIRECTLY.
They will reply your question(s) to your full satisfaction.
In terms of Dividend Payment, you can also email to SGX for their answer.
It was also announced at the recent EGM
GENTING SP will redeem first loan instalment [both principal repayment and interest payment] in 2011, cOming very sOOn.
Check the GENTING SP Balance Sheet
there are billion dollars in CASH.
This item was raised by One PIONEER shareholder at the AGM.
teeth53 ( Date: 25-Sep-2010 16:39) Posted:
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Would appreciate cash generating machine? care to elabrorate on Genting SP.
As i was wondering how it is going to pay of it mountain of debt, like interest repayment, it huge over run cost, it consistent construction payment. It sustainable huge operation.
Since it operation here would like to hear more good stuff from U, how Gent SP earn it ton of money ?. and agree not to pay dividend to it borrowers over the next few years.
pharoah88 ( Date: 25-Sep-2010 14:43) Posted:
Genting Berhad now has RM$16.25 billion in cash and it has total liabilities of RM$19.6 billion.
Cash generating machine?
The fact that the company has generated RM$2.5 billion in operating cashflow yearly since 2007 is an impressive feat. This year it has generated more than that in the first 6 months of 2010. I love consistent and predictable cashflows from operations more than anything else.
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Would appreciate cash generating machine? care to elabrorate on Genting SP.
As i was wondering how it is going to pay of it mountain of debt, like interest repayment, it huge over run cost, it consistent construction payment. It sustainable huge operation.
Since it operation here would like to hear more good stuff from U, how Gent SP earn it ton of money ?. and agree not to pay dividend to it borrowers over the next few years.
pharoah88 ( Date: 25-Sep-2010 14:43) Posted:
Genting Berhad now has RM$16.25 billion in cash and it has total liabilities of RM$19.6 billion.
Cash generating machine?
The fact that the company has generated RM$2.5 billion in operating cashflow yearly since 2007 is an impressive feat. This year it has generated more than that in the first 6 months of 2010. I love consistent and predictable cashflows from operations more than anything else.
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Saturday: 25 SEP 2010 TODAY ONLINE
Staff cannot approach passers-by
Letter from Phoebe Low
Manager (Corporate Communications) Public Affairs & Corporate Social Responsibility Singapore Pools (Private) Limited
THE temporary Singapore Pools booth in Change Alley (“Are these gambling booths allowed?”, Sept 24) was part of our contribution to the festivities surrounding the third Singapore night race.
It was only operational during the season from Sept 20 to 24.
The location was chosen for its proximity to the Singapore night race circuit as well as the higher concentration of night race visitors.
Our responsible gaming framework disallows our staff to approach passers-by. Consistent with our policy of not promoting gambling, we do not offer sales commission, hence there is no incentive for staff to push sales.
We thank Mr Yeo En Wee for bringing the matter to our attention. We have taken the opportunity to emphasise to our staff to adhere to our high standards of responsible gaming policy and practices at all times.
Genting Berhad now has RM$16.25 billion in cash and it has total liabilities of RM$19.6 billion.
Cash generating machine?
The fact that the company has generated RM$2.5 billion in operating cashflow yearly since 2007 is an impressive feat. This year it has generated more than that in the first 6 months of 2010. I love consistent and predictable cashflows from operations more than anything else.
by botzone » Thu May 27, 2010 10:06 am
Dated: 27.05.2010
Source: Business Times
Genting Malaysia Bhd, owner of Malaysia’s only casino, rose the most in one year in Kuala Lumpur trading after deciding not to exercise an option to buy a 10 per cent stake in Walker Digital Gaming LLC, a US-based developer of gaming-related patents. “This would have raised corporate governance issues given that it is a related-party transaction,” DBS Vickers Research Sdn Bhd analyst Yee Mei Hui said in a telephone interview today.
“Genting Malaysia is sitting on a cash pile and their are more productive uses for its cash resources,” she said. The stock jumped 5.6 per cent to RM2.65 at 9.54 am local time, set for its biggest daily gain since May 25, 2009.
It was the biggest gainer on the benchmark FTSE Bursa Malaysia KLCI Index. - Bloomberg
bishan22 ( Date: 25-Sep-2010 10:00) Posted:
According to a Nomura Research report today, Genting Hong Kong, which is 19.3% owned by Genting Malaysia, could be given out as dividend-in-specie to Genting Malaysia shareholders.
Just to recap: Genting Singapore sold Genting UK to Genting Malaysia for the equivalent of $688.8 million. Now, after the 102% surge in Genting Hong Kong’s share price year-to-date, Genting Malaysia may want to cash out, Nomura reasons. “We believe the time is ripe for Genting Malaysia to monetise its 19.3% investment in Genting Hong Kong currently classified as available-for-sale financial assets in the balance sheet which is worth RM2.4 billion ($1.03 billion) at current market value. To detach itself from Genting Hong Kong, one quick option is to dividend its shares in specie to all shareholders ahead of its foray into the tightly regulated casino industry in the US, in our view,” the report states.
The other option would be for Genting Malaysia to shunt its Genting Hong Kong stake to Genting Singapore, but this is less likely. Whichever way, selling pressure on Genting Singapore and Hong Kong could persist in the coming week.
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It's more like "
Assam Laksa"..
also known as "
Penang Laksa"..
Some simply love it.. but others just hate it..
Hot Chilli Padi stock dont get burn ????
sHORT ??? OR Long
iknownothing ( Date: 25-Sep-2010 10:26) Posted:
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haha so fierce!
Richman ( Date: 25-Sep-2010 10:14) Posted:
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Wah! Chilli Padi Siah...
Very Hot Stock ahh... |
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haha so fierce!
Richman ( Date: 25-Sep-2010 10:14) Posted:
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Wah! Chilli Padi Siah...
Very Hot Stock ahh...
pharoah88 ( Date: 24-Sep-2010 21:19) Posted:
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the US market now starting to get bullish already despite all the negative reports. Monday, i believe STI will do some gains again. As for genting, i think can only wait for their Q3 to be released to further assure us that investing in genting is a positive one.
the gambling pie is taken up 50% by MBS and 50% by genting. furthermore, it has universal studio to add on to their profit status. genting will rise eventually.
I'm a long term investor thats why i think this way. 
bishan22 ( Date: 25-Sep-2010 10:00) Posted:
According to a Nomura Research report today, Genting Hong Kong, which is 19.3% owned by Genting Malaysia, could be given out as dividend-in-specie to Genting Malaysia shareholders.
Just to recap: Genting Singapore sold Genting UK to Genting Malaysia for the equivalent of $688.8 million. Now, after the 102% surge in Genting Hong Kong’s share price year-to-date, Genting Malaysia may want to cash out, Nomura reasons. “We believe the time is ripe for Genting Malaysia to monetise its 19.3% investment in Genting Hong Kong currently classified as available-for-sale financial assets in the balance sheet which is worth RM2.4 billion ($1.03 billion) at current market value. To detach itself from Genting Hong Kong, one quick option is to dividend its shares in specie to all shareholders ahead of its foray into the tightly regulated casino industry in the US, in our view,” the report states.
The other option would be for Genting Malaysia to shunt its Genting Hong Kong stake to Genting Singapore, but this is less likely. Whichever way, selling pressure on Genting Singapore and Hong Kong could persist in the coming week.
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Wah! Chilli Padi Siah...
Very Hot Stock ahh...
pharoah88 ( Date: 24-Sep-2010 21:19) Posted:
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According to a Nomura Research report today, Genting Hong Kong, which is 19.3% owned by Genting Malaysia, could be given out as dividend-in-specie to Genting Malaysia shareholders.
Just to recap: Genting Singapore sold Genting UK to Genting Malaysia for the equivalent of $688.8 million. Now, after the 102% surge in Genting Hong Kong’s share price year-to-date, Genting Malaysia may want to cash out, Nomura reasons. “We believe the time is ripe for Genting Malaysia to monetise its 19.3% investment in Genting Hong Kong currently classified as available-for-sale financial assets in the balance sheet which is worth RM2.4 billion ($1.03 billion) at current market value. To detach itself from Genting Hong Kong, one quick option is to dividend its shares in specie to all shareholders ahead of its foray into the tightly regulated casino industry in the US, in our view,” the report states.
The other option would be for Genting Malaysia to shunt its Genting Hong Kong stake to Genting Singapore, but this is less likely. Whichever way, selling pressure on Genting Singapore and Hong Kong could persist in the coming week.
