Chachambo

Chachambo | Joined since 2021-09-05

Investing Experience -
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Portfolio updated 28 Dec 2021

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Stock

2021-09-17 18:04 | Report Abuse

Just saw AyuClub's Instagram stories that last night's event in conjunction with Mexican independence day was sold out and packed full of clubbers, while Zouk's revenue has no direct contribution towards Genting Group, there's a decent chance they're gonna fill RWLV's hotel rooms, doesn't seem like Covid is a concern among clubbers.

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2021-09-17 17:29 | Report Abuse

Nice to see GenM going against expectations today.

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2021-09-17 17:26 | Report Abuse

Taking into consideration the market sentiment, it's a decent week for Ctos.

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2021-09-16 22:08 | Report Abuse

Tomorrow good day to add, eventhough prospects are positive but Singapore's rising covid cases will put some pressure on Genting Group in the near term.

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2021-09-16 19:29 | Report Abuse

https://www.theedgemarkets.com/article/cover-story-gentings-big-bet-vegas

Interesting article, LKT is exploring the possibilities of listing in US.

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2021-09-16 17:58 | Report Abuse

https://www.theedgemarkets.com/article/1520-passengers-eight-flights-flew-langkawi-under-travel-bubble-project-%E2%80%94-wee

"1,520 passengers on eight flights flew to Langkawi under travel bubble project"

Decent sign for tourism industry.

Stock

2021-09-16 17:03 | Report Abuse

https://www.youtube.com/watch?v=bdcOWWZUv8A

This youtuber just done a livestream at RWLV, for a Wednesday afternoon the footfall is not too bad.

Stock

2021-09-15 14:48 | Report Abuse

Be patient, 12 months ago things were worse, no signs of when or whether vaccine will ever be available, but now we have at least 4 solid vaccines and booster shots to come, and teenagers are starting to get their jabs, it will take time for people to get used to this new normal. Testing kits will become cheaper and more efficient, testing process will be improved and that will ease travel restrictions. Medical advancement over time will give us improved testing that's also cheap that would no longer require tourists to quarantine upon arrival.

Stock

2021-09-15 12:06 | Report Abuse

It's likely affected by Genting Singapore's share price, Singapore has recorded higher Covid cases this week. This is going to be the new normal for recovery counters, once sectors have opened up the risk of cases would also increase. Just need to manage our expectations and be patient.

Stock

2021-09-14 23:19 | Report Abuse

Stock market is exciting, you can never be 100% sure whether a counter would go up or down, will RWLV spring a good surprise or bad surprise in Q3? Will there be another Covid spike? Will Budget 2022 intro increased sin tax? Or tax incentives that benefit tourism industry? I'm holding to find out all that this November :)

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2021-09-14 21:53 | Report Abuse

Decent looking spa, wonder which floor is it located, thanks for sharing.

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2021-09-14 18:04 | Report Abuse

Investors are adopting the wait-and-see approach because Budget 2022 is approaching. New policies can and will affect the sentiment, for example the announcement of waiving interests for loan during moratorium today.

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2021-09-13 19:25 | Report Abuse

A video showing RWLV's pool area & infinity pool from 03:00, looks neat with a decent crowd.

https://www.youtube.com/watch?v=ceqd1qjMAyo

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2021-09-12 19:28 | Report Abuse

https://www.youtube.com/watch?v=o9pVJxqcIMk

According to this youtuber in his video posted today, this newly opened balcony area (on RWLV's 6th floor) will be run by Ayu Club (Zouk). The night view will be great because the front is facing Strip, while the back overlooks the Ayu Day Club down below.

on 0:04 you can see constructions on-going for a rumoured water park, not sure owned by who yet.

Stock

2021-09-12 17:21 | Report Abuse

https://www.youtube.com/watch?v=dwWSdWApkIQ

Another livestream from RWLV on saturday evening, from 27:00 to 36:00 the crowd over there is decent considering Covid is still a concern in United States.

Stock

2021-09-11 18:26 | Report Abuse

Yeah seems like Yokohama IR is not happening anymore, and Singapore Covid cases have increased a bit.

https://www.youtube.com/watch?v=fQNxoMIu6os

But on a positive note, based on this livestream from 2:41:00, RWLV's gaming floor had decent footfall on friday night.

Stock

2021-09-08 16:25 | Report Abuse

https://www.teslarati.com/elon-musk-boring-company-vegas-loop-resorts-world-station/

Speaking of Tesla, I'm sure y'all know one of Tesla Loop's stations will be opening in RWLV, opening date unknown yet, hopefully will increase footfall for RWLV

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2021-09-08 16:03 | Report Abuse

https://www.rollingstone.com/music/music-news/resorts-world-vegas-residency-celine-dion-katy-perry-1167437/

RWLV Theatre with 5,000 capacity will be opening soon.

Celine Dion who was previously resident performer at Caesar's Palace will have around 10 shows through out November. Then Carrie Underwood beginning of Dec, Katy Perry (8 shows minimum) will begin end of Dec, to Jan 2022.

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2021-09-07 14:54 | Report Abuse

Alliance, OCBC, Ambank have begun using their eKYC product in recent months, it will contribute to their source of recurring income. On top of their new Tenant Screening, these are products with few competitors, it's understandable why people are willing to pay for its high PE, because there's potential for growth. However, the prolonged lockdown have halted car & property sales in Jun-Aug, so as a result less CTOS reports were purchased too. So, we need to keep Q3 result's expectation in-check.

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2021-09-07 14:29 | Report Abuse

RW Sentosa probably will do well in the near future, Singaporeans have spending power plus their Covid situation is under control. Their travel bubble with Germany is already underway too.

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2021-09-05 16:31 | Report Abuse

https://www.youtube.com/watch?v=hXaTbpB5Onk

This youtuber has posted a livestream at RWLV earlier today, it's their Labor Day long weekend, and it's quite packed.