Aero1 1369 posts | Posted by Aero1 > Aug 7, 2019 5:39 PM | Report Abuse Thank for sharing |
Kt Lim 2 posts | Posted by Kt Lim > Aug 7, 2019 6:00 PM | Report Abuse Just another thought. Logically speaking, if a business man has invested so much money, effort and time in his personal business (Empire Resort) for 10-20 years, there is no reason why he does not want to keep all the future profits to himself if he sees the business will turn around soon. Unless there is higher risk - much more money required to be thrown in and thus this is shared with the public-investors. |
Alex™ 12309 posts | Posted by Alex™ > Aug 7, 2019 7:03 PM | Report Abuse Buy first, publish later. |
Blaze 101 posts | Posted by Blaze > Aug 7, 2019 7:05 PM | Report Abuse Clear indications share shoot up again to 3.60 |
PHconman 343 posts | Posted by PHconman > Aug 7, 2019 7:15 PM | Report Abuse tmr will rebound..typical jittery msian investor when see little bad news will selloff... |
Airline Bobby 482 posts | Posted by Airline Bobby > Aug 7, 2019 7:16 PM | Report Abuse Another wild sifu has appeared ~ |
SteadyT 270 posts | Posted by SteadyT > Aug 7, 2019 7:43 PM | Report Abuse Why the deal can proceed without minority shareholders’ approval despite being a RPT? I dont really get that part |
lizi 1995 posts | Posted by lizi > Aug 7, 2019 7:49 PM | Report Abuse empire not only losing money, but they every year also bleeding in cash outflow, big time....... |
|
jellyfish 207 posts | Posted by jellyfish > Aug 7, 2019 7:55 PM | Report Abuse Genting casino in malaysia is a monopoly, in America, there are thousand of casinos, not easy to be profitable. |
newbie5354_ 935 posts | Posted by newbie5354_ > Aug 7, 2019 8:51 PM | Report Abuse Today is bottom? |
Agjl 4502 posts | Posted by Agjl > Aug 7, 2019 11:42 PM | Report Abuse Junx.....reason the RPT dont need minorities approval becos its not deem material under listing rules. When a RPT deems material means the amount has to be 5% of either its profit or its revenue. Looking at genm large base so the acquisition is unlikely to be 5% of either. |
boostmy 41 posts | Posted by boostmy > Aug 8, 2019 9:02 AM | Report Abuse Look out for part 2 today. Stay tuned ladies and gentlemen. |
Tim2812 277 posts | Posted by Tim2812 > Aug 8, 2019 11:40 AM | Report Abuse Stay tuned? Now already tiny toon.lol |
patient_invest 229 posts | Posted by patient_invest > Aug 8, 2019 1:24 PM | Report Abuse boost nicely written Please argue that Catskill will create synergy with upcoming Legoland at Goshen, New York. It's also within 45 min away from Woodbury Premier outlet, which is a super popular tourist attraction for Asian |
patient_invest 229 posts | Posted by patient_invest > Aug 8, 2019 1:26 PM | Report Abuse Empire's Catskill provide a good stop over, for tourist enroute from JFK airport to Niagara waterfall, at Buffalo. It will greatly improve the overall travel experience for tourist, who need 7 hours by car to travel from JFK to Niagara. |
patient_invest 229 posts | Posted by patient_invest > Aug 8, 2019 1:30 PM | Report Abuse New York city has very run-down hotel, limited mix of tourist offering. Despite having huge amount of tourist, NY did not have the budget to develop it. GenM's investment in NYC raceno (RWNY) will improve that. Now, when they buy over Empire. It will link up the RWNY with Empire's Catskill. So it's gambling all the way from Airport to Niagara fall |
Jonathan Keung 2526 posts | Posted by Jonathan Keung > Aug 9, 2019 8:22 AM | Report Abuse the casinos business in downtown New York is different from Malaysian or HK set up. casino business is bad and tough in U.S.. do not expect the scenario to change |
boostmy 41 posts | Posted by boostmy > Aug 9, 2019 9:33 AM | Report Abuse Part 2: https://klse.i3investor.com/blogs/boostmy/218784.jsp |
patient_invest 229 posts | Posted by patient_invest > Aug 9, 2019 11:07 AM | Report Abuse Jonathan Las Vegas is not profitable because they are too many operators. There's less competition in NY, which is the world's Top financial hub. GenM is betting to attract the rich people. If you check on NY, it doesn't have many entertainment, unlike California. |
smalltimer 1499 posts | Posted by smalltimer > Aug 12, 2019 12:51 AM | Post removed. Why? |