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Last Price Today's Change   Day's Range   Trading Volume
4.61   -0.02 (0.43%)  4.57 - 4.72  16,662,600
39,066 comment(s). Last comment by Philan008 at Feb 28, 2021 11:04 PM
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Sharefisher
2319 posts

Posted by Sharefisher > Feb 28, 2021 7:59 PM | Report Abuse

Guys.... Be selective what you read... Pick those useful info and some of the good analysis stuff with facts done by our members., old one I already thanks them. The recently Jasinred79 posts worth to keep in mind..... Thanks everyone for your sincere postings.


Sharefisher
2319 posts

Posted by Sharefisher > Feb 28, 2021 8:00 PM | Report Abuse

AND FOR THOSE CHEAPSKATES POSTINGS...... F*** OFF.


jasonred79
664 posts

Posted by jasonred79 > Feb 28, 2021 8:04 PM | Report Abuse

@destinyL

"I don't agree RWLV is not exciting since they are targeting 75% non-gaming revenue."

...

That's actually a VERY good point, and I totally forgot about it, even though I did read about it a while ago.
Indeed... this is in fact EXACTLY what Las Vegas needs, not just RWLV.
As sharewiz said, 136 legal casinos. And many of them are HUGE. The competition for gaming revenues is far too cutthroat.
... what needs to be done in LV, is exactly that... growing the non-gaming portion of the local economy. It's a solid strategy for RWLV, and it helps the local economy too. Brilliant.

So... yeah, thanks for the reminder DestinyL.


Stocksafeplayer
1631 posts

Posted by Stocksafeplayer > Feb 28, 2021 8:09 PM | Report Abuse

Well, time will tell whether RWLV makes lots of money or otherwise.

I feel more bullish after hearing LV Sands wants out of Las Vegas.

US is now the worst country in the world, in terms of covid-19 infections and in number of deaths.

Like it or not, if US sneezes, the world will “still catch a cold’’.
US is still a financial super powerhouse in the world.

Earning USD from a country with population of more than 330 million is a great idea.

Which rich Americans don’t want to go to Las Vegas at least once in their lifetime?

Leisure and Entertainment industry requires constant good maintenance and renovations/upgrade every 5-10 years.

RWLV is definitely the latest upcoming largest IR in Las Vegas this coming summer.

But whether RWLV shall remain competitive after next 5 to 10 years later, no one will ever know right?

Why? Bcos people are very picky and fickle-minded. People will always look for new entertainment ideas, prefer newer hotels with latest designs, amenities and facilities.


jasonred79
664 posts

Posted by jasonred79 > Feb 28, 2021 8:12 PM | Report Abuse

"especially with the "Boring" tunnel connecting "

One day, Elon Musk please come Malaysia and drill another Boring tunnel toll gate to Genting Highlands, lol... that's the dream. Being able to reach Genting in 30m instead of over an hour journey...


sharewiz118
926 posts

Posted by sharewiz118 > Feb 28, 2021 8:28 PM | Report Abuse

Hi jasonred79, we can play fake wedding in LV


Keyman188
3482 posts

Posted by Keyman188 > Feb 28, 2021 8:30 PM | Report Abuse

Keyman188 just realized...

Keyman188 had received dividend twice last year by...

6.00 sen @ 27/07/20

6.50 sen @ 01/10/20

So going to receive again by 8.50 sen @ 08/04/21


All total dividend receivable by 21 sen within 12 months....

If based Keyman188 average cost about 3.36 then dividend yield become 6.25%....


Fantastic.........Cheers..............


sharewiz118
926 posts

Posted by sharewiz118 > Feb 28, 2021 8:32 PM | Report Abuse

I wonder if fake wedding business is legal in M'sia, if yes can consider open a chapel in Janda Baik


InvisibleHand
659 posts

Posted by InvisibleHand > Feb 28, 2021 8:54 PM | Report Abuse

I look at this as an opportunity for genting/genm to test recent highs next week going into exdiv.

https://www.malaymail.com/news/malaysia/2021/02/28/parliament-officer-confirms-no-sitting-on-march-8/1953649

If that happens short term bearish technical signals will change.


vanbasten9
363 posts

Posted by vanbasten9 > Feb 28, 2021 9:59 PM | Report Abuse

Drop


choysun
2153 posts

Posted by choysun > Feb 28, 2021 10:03 PM | Report Abuse

Let's go break KLSE 1,600! HUAT AH!!!
https://www.thestar.com.my/aseanplus/aseanplus-news/2021/02/28/bursa-malaysia-likely-to-re-test-1600-level-from-monday-march-1


DestinyL
1387 posts

Posted by DestinyL > Feb 28, 2021 10:06 PM | Report Abuse

I only top up if the price drops big enough
I definitely won't top up more at current price, no point to average up when I'm almost fully invested.
The highest I bought recently was around 4.10-4.20, low being 3.86

Perhaps I will hoot some lots if and when the huat sentiment arise again, especially at 4.99 lol


Stocksafeplayer
1631 posts

Posted by Stocksafeplayer > Feb 28, 2021 10:22 PM | Report Abuse

https://www.thestar.com.my/business/business-news/2021/02/28/buffett-upbeat-on-us-and-berkshire-buys-back-stock

‘Quote...Never bet against America’


Stocksafeplayer
1631 posts

Posted by Stocksafeplayer > Feb 28, 2021 10:27 PM | Report Abuse

Each Vaccination day is one day closer to end of pandemic!!
Genting Huat Ahh!!!


sharewiz118
926 posts

Posted by sharewiz118 > Feb 28, 2021 10:39 PM | Report Abuse

Agreed with Warren Buffett


Philan008
139 posts

Posted by Philan008 > Feb 28, 2021 11:04 PM | Report Abuse

Hahah wow so exciting on a fine Sunday in Genting Forum, then allow me to weight in on RWLV :

1) RMLV Gaming Rev is expected to be 25% (plz remember that) and for this 25%, we keep comparing RWLV to 100-200 of OLD Casino of at least 20yo..... keep that in mind again...

2) The other 75% is mainly entertainment (night clubs, live concerts stuff) , a bunch of restaurant and relaxing stuff ( u know those hotels stuff), how many of those 100-200 casinos or even hotels have these in them???

3) I was informed LV is overbuilt, and there is indeed over 10-15 years no mega investment there, I will take it as the fact then. HOWEVER plz imagine this, even if there is say a huge reduction of tourist or visitors and tough competition over in LV in the past, we now have a SUPER NEW IR with so much entertainment linked plus a casino.... I would imagine even with reduced visitors, 70% of them will want to pay the new hotel a visit at least.

My point is RWLV is now standing head and shoulder above the rest of 20yo hotels and the tier 2/3/4 competitions are then within those 100-200 casinos/hotels.


4) Assuming 2022 Travel opened up, and exhibiton will began, exhibitors and visitors are visiting LV.... lets guess what is their first option?

a) New 1 yo mega investment RWLV with live concerts/night clubs, 40+ restaurant, casino
and a Tesla Tunnel linked directly to Exhibition Center

b) the other 15-30++ yo hotels (& casino)

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