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4 hours ago | Report Abuse
Hi all! From my 2 cts.
Usd drop will benefit to genting. Since the depreciation is huge to genting and summore Rwlv stands a lot on this. So usd drop depreciation cost surely drop and will impact more earning on coming quarters. And further is usd loan stand 60-70% of genting total debt and 24H2 usd debt is count at 4.7x so if q3 drop usd round ate is at average 4.5 it will be a few percent drop and automatically decrease their debt level. And next is usd loan interest. Maybe you can said 8.xx smth is his grandson interest. But what if genting can reborrow a loan with low interest to pay his high interest rate loan. Genting definitely will think about that before we teach him to make decision right? This is just my view haha. No right or wrong. Hope this taurx as ATK said will be announce by this year end ya. This is a big bonus to genting. Thanks
Stock: [GENTING]: GENTING BHD
3 hours ago | Report Abuse
Balian for ur statement is if usd drop revenue drop and earning drop. But if you can imagine this usd revenues stand how much on genting revenue and profit too. But nw the fact is genting invest in us but the expected earning not as genting Malaysia and genting Singapore. It was a failure. Even the usd revenue drop and the net profit from usd drop that little drop can't cover the whole picture which genting has a huge usd debt and huge usd depreciation cost. So definitely usd drop can said direct benefit to genting.