yes AGM must conduct physical next year no management can hide behind the virtual agm anymore

market is realising the worst is over the worst after mco from negative to minimum 200m net profit per quater is bottom now only increase more or maintain .

yes hng33 thats point the worst is over when USD MYR 4.7
most of the cost is in USD so MYR weakness after convert back will see big move 10%-20% in reducing those cost

https://www.sc.com.my/resources/media/media-release/all-plcs-must-conduct-hybrid-or-physical-general-meetings-from-1-march-2025?fbclid=IwY2xjawE-WXtleHRuA2FlbQIxMAABHb6kJYhMq9h3alfTlbWghzPR8S5hxTO-kQAfFkKDt4tAoNFo2alLXOKV6g_aem_MKBT0ozTZGUNuCSKLhKdrQ AGM must conduct physical next year

https://www.youtube.com/watch?v=UzFuxPVO57k RWLV is doing good but i expect them can doing more better and good

but genting is highly rely on singapore result while waiting for GENM chasing up . singapore halloween and harry potter event will give a boost do you know the harry potter in europe very hot sales . People loved it so much in Germany that tickets sold out fast! About the Event. Harry Potter Visions of Magic light show

HONGLEONG already using AI to reduce the staff cost so thier margin and result is very impressive . AI will help genting reduce a lot cost also most important is location location location GENTING got good location thier newyork casino is near airport thier las vegas is near convention centre malaysia monopoly singapore duopoly

2019 is genting best result ever before MCO use it refer from revenue got growth ebidta also growthing just i m dislike thier performance so slow they can do it more better

Depreciation and amortisation compare to 2019 Q1 TO 2024 Q1 the dfferent is 400m

Genting mostly is drag from new opening properties in U.S Depreciation and amortisation also USD financial cost
if you want know genting doing good or bad very easy take 2019 result Q1 compare to 2024 Q2 the ebidta is 2.5billion growth from 2billion 20% growth

yes michael they need use annual pass to let kids lure thier parent go thier casino . parent also need reason and excuse convience self go casino . Genting IR is design for family without annual pass thier IR will look boring we will see surprise from Q4 after annual pass + school holiday double effect if still cant delivery out performance result the management can go recycle

genting big problem is management is not efficiency keep deliver grade D result got many good card in hand but keep doing loser

so next quater will see additional 100m improve at least due to usd weakness aganist myr 10%

based on latest borrowing 29,351.6 USD DEBT DISCOUNT 10% convert back to MYR result will be RM 290M at least we can see 100m drop in financial cost . most of the depreciate is from US side also discount 10% honestly said this kind account standard always benefit to non performing company lol because after included tax and depreciate is negative = loss less 🤣 loss less = earn more

stock market is ask u look foward not look past
worst is over because the latest QR is reflect with USD MYR 4.7 +++ now 4.3 next QR will be 10% discount for USD based depreciate and debt will see huge drop in debt & depreciate

most safe is https://www.terrapower.com/

country wont put all egg in 1 basket they will use seperate resources to seperate risk . do you know how big is china

same like TGV before you watch movie give u see advertising first

but compliance cost and tax cost is getting high gaming business not really good money also this is why genting in future will more focus in energy but they dont know they can convert to marketing company offer b2b advertising in thier IR

many people dont know genting is dai gor in NEW YORK thier gaming revenue is top 1 . RWLV is earning good profit every quater revenue 1billion with 150m above ebidta .

this is king of marketing stragegy " throw away a brick in order to get a gem "

Parent go glamb kids go theme park win win . kids also can be promoter lure parent go genting because they got unlimited access ticket

lol you want que then paid more money to skip very fair . rich man always like to show off you earn from f&b cable car resorts hotel and parent willing go more genting because of kids already purchase annual pass unlimited access

too bad management dont have those mind set they keep stuck in i m LOUIS VUTTION mind set .

when crowd happening then some family will choose vip ticket if you got go sunway lagoon halloween before you will know so many people will buy vip ticket skip the que especially rich family . if management smart they can offer advertisement to NESTLE / PWROOT/F&N in theme park

Balian de Ibelin i think you dont know business . genting annual pass will bring more traffic to genting and it will create more extra income oppurnity like VIP ticket and more f&b demand need , cable car demand , parking fee , hotel demand . parent will more willing bring kids go genting they can go casino and let kids play alone in theme park

RWLV is earning positive cashflow generate while empire resorts i think they using it to be PLAN B . like last time they bid genting singapore they buy landmark plan build casino in indonesia if sg dont give them lisence

yes ATK maybe they suitable to do something upper steam industry they really lack of creative compare to sunway like sitting there wait luck come . even mid hill those airbnb / glamping resorts also do better than them

if got physical AGM i sure diu 7 them . the result is like D class management . very shame to this management they should learn SUNWAY how to manage company like CLASS A earn every single cent

Angtaykor the lose will be settle in 2025 2026 replace by oil & gas investment thier OIL & GAS will speed up after 2025 . oil & gas at least contribute 30-40% of revenue that time

should learn how sunway management optimize the earning annual pass ( 10a.m until 6pm ) then night ticket ( 6.pm to 10pm ) earn more from creating the experience . i can said this genting management is failed even ICITY & SUNWAY also do better than them . if someone know the management please told them you can do more better but you choose wait money drop totally failed FREE VISA also cannot see much improve

those debt is in USD if USD go stronger the debt will show more very normal right now dont focus on those financial cost because just piece of nut . they need is turn over like annual pass they sell recently can easily get million million within day
if they can sell 1million ( malaysia population 1% ) annual pass RM280 can easily generate 280m for them offset the debt this havent including vip ticket sales .

upcoming quater maybe will have surprise because got big event in SG 1)Harry Potter: Visions of Magic ( this very hot sales in europe ) 2) halloween partner with netflix

covert back to MYR for those depreciate item and usd debt USD weak aganist MYR will bring down 10% discount of Depreciation and amortisation after convert to MYR quater report

interest rate not a big deal because management can easily settle by reissue low interest rate bond replace with high interest rate bond . the big impact is from U.S part the Depreciate is calculate in USD so if USD drop will benefit to genting this quater USD MYR is 4.7 next could be 4.3 so still will benefit to GENTING at this kind scenario

affect to this quater is from SG side . i m also very dissapointed that management action slow like waiting money come where is the KPI of management . when people running they still walking now only know launch annual pass bring traffic to genting

YTL TELECOMMUNICATION ALREADY MADE MONEY

target 1million subscribe will bring another RM280million to genting 1 quater generate 70million

this will bring more and more people go genting theme park stay & play

genting malaysia doing the right thing RM280 annual pass crazy cheap

genting skyworld annual pass just announce so cheap rm280 only
lol RM280 X 1million subcribe then got 280million per annual

genting management eat shit shameless do what also failure put the money in FD return also better

Halloween Horror Nights 12 at Universal Studios Singapore with NEFLIX all hot event at q3 q4

q2 is normalise because lack of event
q3 q4 is will have a lot massive event coming like super hot event
Harry Potter: Visions of Magic oversold in germany now come to asia singapore

estimate 300-400m this quater if GENM impairement loss recover then really crazy 1.9billion net profit

its okay q1 usually good than q2 as long as genting sg contribute 200m above got hope liao haha

https://www.bangkokpost.com/thailand/general/2845431/thai-govt-finalises-casino-legalisation-bill thailand casino is speeding up high chance genting can get with genting singapore such portfolio + resorts world cruise backup + asean brand

https://www.pharmaceutical-technology.com/news/mhra-procedure-medicine-approvals/ lucky UK brexit

lucky UK brexit https://www.pharmaceutical-technology.com/news/mhra-procedure-medicine-approvals/ so UK can make thing more faster

medicine is comfirm work as director said they said how good no use if no one approve drug they cant commercialize also