Last:0.725    -0.005

GenSp starts to move up again

- We are a socially responsible and innovative gaming company, helping to improve the well-being of the community by investing in programmes that have significant and relevant outcomes.

 (Their programmes are designed to make you lose money?  LOL!)

p/s - One lady was asking if "Wheel of fortune machine"  can be placed near 4-D outlets all over singapore so as to let people try their luck after buying 4-D or toto?? She is potential donor to the poor in singapore.  Keep it up!  

At the  AGM,  audience  heard the  Chief  Operations Officer & Director  TAN  said.

RWS makes prOfit frOm  Day One.

RWS breakeven in the 1st Year.

>>Didn't say, not even profit taken so far. 1 QTR next mth would reveal.

S$6.6 Billion is nOt fully spent

About  S$2 Billion CASH is in the annual report

>> 2 Bil was captured last Dec report. By now left not much liao as launching of various remaining major projects beginning ds yr. D coy has the liability to complete the projects as agreed to Gov.

More fantastic new projects just started in 2010

>>Yes, 2 bil to fund them. But AK opines that ops cost rising, money may not enough. Hence, resolaton 7 empowered the board to raise fund, if deems fit.

All  S$6.6 Billion build up will only be FULLY COMPLETED  by 2011
>>Money not enough.

Points added by Chairman that RWS is a public coy as compared to MBS, a solely private own coy. MBS will hv advantages over RWS, as far as profits n losses transparency r concerned. MBS, had catered 7.5 bil for its entire project, still doing.Ha ha, they can say will break even in 5 yrs, whereas RWS needs to base on its Annual report, yrly. How to cheat??

Last but not least, the most popular Q fr the floor was why Gent Sp px keeps on dropping. Chairman has no concrete answer to that. As the Charlie said, his dat to take 40 yrs to passed down 5mil profit to him. Hence, if u still hv 40 yrs plus left, then no issue liao. AK by then 100 yrs ah, too far liao.

13th MAY 2010 

THURSDAY

13 + 5 + 0 = 18

Others  had S$50  lunch voucher per person

and  some had Italian  lunch at the PALIO

some  had  US lunch at the HARDROCK

some  packed the food  home to share with families

The $$$$$$ earned must be from foreigners not local,

I must emphasize, not local to contribute to our GDP

growth.

Moderate      ( Date: 28-Apr-2010 11:08) Posted: the irony is SINGAPORE is going to depend on the IRs for our economy.  AnthonyTan      ( Date: 28-Apr-2010 10:57) Posted: Genting sp's casino IS ALWAYS WINNING YOUR $$$$$$. You dare to go and gamble your hard earned to contribute to the casino?????? DEFINITELY NOT ME, HAHAHA

Genting sp's casino IS ALWAYS WINNING YOUR $$$$$$.

You dare to go and gamble your hard earned to contribute

to the casino?????? DEFINITELY NOT ME, HAHAHA

so far, i think no one dares to challenge your analysis.  You have proven consistent right.

(take a look at his CapitaLAND analysis).

KannaSze      ( Date: 28-Apr-2010 10:47) Posted: the monthly RSI is going to cross soon.  It it does, it is not difficult to see 50c again.  iPunter      ( Date: 28-Apr-2010 08:34) Posted: If GentSp gaps down today, he may even get XO... hehehe...