Director kena force selling. More to come. Next support is 0.05

When money use to expansion, future dividend will be reduce

Drop may be due to complete d of private placement exercise. No more support for the share price. Somebody is throw in big volume

0.07-0.08 should be bottom. Avoid this counter first. Could report huge loss due to impairment loss

Dividend will help genting-wa

During the current quarter ended 31 December 2015, fair value gain from financial liabilities of the GENT Group was RM82.4 million whereas for the current financial year ended 31 December 2015, fair value loss from financial liabilities of the GENT Group was RM681.2 million.

Just buy, still cheap, sell house and car to buy this genting-wa

Heard that genting plan declare 20 cents dividend

This company will finish if their major shareholder sell their share

Congratulations for those still hold .

Will it break 52 wk low of 0.09

Profit come from construction project is very low. Normally around 5% profit margin

Whole year profit mainly come from gain on disposal of asset

If without the gain on disposal of asset of RM70 million , MRCB will made loss about 40million. Bad quarter

Revenue reduced by 100 million compared to last year

Profit before tax only 377k, what to happy

Will it back to 52 wk low, 0.09, seem like dato faruk sell his share

Hi jjchan, thanks for you comment. But may I know will you hold AAX share until 0.7 or sold it around 0.3?

Hi JJchan , what is your tp on aax

They going to post """good profit!! Soon , haha

Only stupid person will buy this put warrant. Value cap already enter market. Their target is made fbm index become 1800 point b4 sarawak election

If AA so good , why wellington sell like no tomorrow?

Cannot , no energy liao

Will AAX 一飞冲天 in year 2016

Hi rizerlee, although capacity reduce, charter flight should be increase

Hi jjchan , may I know your target price for AAX fof year 2016. Can share with us

U will know when the result out, haha

1st quarter of 2016 will report loss again

JUST BUY 10,000 GENTING-WA AT 1.10

genting-wa seem cheap at this moment. can try buy some at 1.10

time to back below 8.00

SINGAPORE - Genting Singapore's fourth quarter earnings swung into the red with a net loss of $7.8 million partly due to higher finance costs. A year ago, it had turned in a net profit of $89.2 million.

For the full year ended Dec 31, its net profit plunged 85 per cent to $75.2 million from $517.3 million a year ago.

Gaming revenue fell 19 per cent to $374 million as a result of a lower premium business volume as the group continued to tighten its credit policy.

"2015 has been a challenging year for the Asian gaming industry. Despite the negative environment, the group achieved an adjusted Ebitda of $915 million. Our focus remains on developing the regional premium mass and mass gaming business," Genting said.

Revenue slipped 14 per cent to $547.4 million from $637.9 million.

The casino operator reported a loss per share of 0.06 cents compared with earnings per share of 0.73 cents for the fourth quarter. A dividend of 1.5 cents per share was declared for the period.

no, just a reminder for your guy. Genting & genting-wa shares up a lot before financial loss annoucement by Genting Singapore. Something not right.

SINGAPORE - Genting Singapore's fourth quarter earnings swung into the red with a net loss of $7.8 million partly due to higher finance costs. A year ago, it had turned in a net profit of $89.2 million.

For the full year ended Dec 31, its net profit plunged 85 per cent to $75.2 million from $517.3 million a year ago.

Gaming revenue fell 19 per cent to $374 million as a result of a lower premium business volume as the group continued to tighten its credit policy.

"2015 has been a challenging year for the Asian gaming industry. Despite the negative environment, the group achieved an adjusted Ebitda of $915 million. Our focus remains on developing the regional premium mass and mass gaming business," Genting said.

Revenue slipped 14 per cent to $547.4 million from $637.9 million.

The casino operator reported a loss per share of 0.06 cents compared with earnings per share of 0.73 cents for the fourth quarter. A dividend of 1.5 cents per share was declared for the period.

SINGAPORE - Genting Singapore's fourth quarter earnings swung into the red with a net loss of $7.8 million partly due to higher finance costs. A year ago, it had turned in a net profit of $89.2 million.

For the full year ended Dec 31, its net profit plunged 85 per cent to $75.2 million from $517.3 million a year ago.

Gaming revenue fell 19 per cent to $374 million as a result of a lower premium business volume as the group continued to tighten its credit policy.

"2015 has been a challenging year for the Asian gaming industry. Despite the negative environment, the group achieved an adjusted Ebitda of $915 million. Our focus remains on developing the regional premium mass and mass gaming business," Genting said.

Revenue slipped 14 per cent to $547.4 million from $637.9 million.

The casino operator reported a loss per share of 0.06 cents compared with earnings per share of 0.73 cents for the fourth quarter. A dividend of 1.5 cents per share was declared for the period.

Haha

Up to you

Games over

SINGAPORE - Genting Singapore's fourth quarter earnings swung into the red with a net loss of $7.8 million partly due to higher finance costs. A year ago, it had turned in a net profit of $89.2 million.

For the full year ended Dec 31, its net profit plunged 85 per cent to $75.2 million from $517.3 million a year ago.

Gaming revenue fell 19 per cent to $374 million as a result of a lower premium business volume as the group continued to tighten its credit policy.

"2015 has been a challenging year for the Asian gaming industry. Despite the negative environment, the group achieved an adjusted Ebitda of $915 million. Our focus remains on developing the regional premium mass and mass gaming business," Genting said.

Revenue slipped 14 per cent to $547.4 million from $637.9 million.

The casino operator reported a loss per share of 0.06 cents compared with earnings per share of 0.73 cents for the fourth quarter. A dividend of 1.5 cents per share was declared for the period.

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Singapore's Genting Casino Hurting as Gambling Debts Sour: Chart
Jonathan Burgos
joubertburgos
February 18, 2016 — 8:00 AM HKT
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Unpaid gambling loans may deal Genting Singapore Plc its steepest profit decline since 2009, tumbling 72 percent to S$143 million ($102 million) in 2015 and missing consensus estimates by about half due to debt provisions, according to Deutsche Bank AG analyst Jeffrey Ng. Singapore doesn’t allow so-called junket operators to lend money to high-stakes VIP gamblers, so its casinos are more exposed to bad debts unlike those in Macau. Southeast Asia’s biggest casino operator, due to report results after market closes Thursday, is also hurting from a gambling slump as Chinese high rollers curb spending to avoid scrutiny amid Beijing’s heightened crackdown on corruption.

Menu Search
Singapore's Genting Casino Hurting as Gambling Debts Sour: Chart
Jonathan Burgos
joubertburgos
February 18, 2016 — 8:00 AM HKT


Unpaid gambling loans may deal Genting Singapore Plc its steepest profit decline since 2009, tumbling 72 percent to S$143 million ($102 million) in 2015 and missing consensus estimates by about half due to debt provisions, according to Deutsche Bank AG analyst Jeffrey Ng. Singapore doesn’t allow so-called junket operators to lend money to high-stakes VIP gamblers, so its casinos are more exposed to bad debts unlike those in Macau. Southeast Asia’s biggest casino operator, due to report results after market closes Thursday, is also hurting from a gambling slump as Chinese high rollers curb spending to avoid scrutiny amid Beijing’s heightened crackdown on corruption.

Latest news

SINGAPORE - Genting Singapore's fourth quarter earnings swung into the red with a net loss of $7.8 million partly due to higher finance costs. A year ago, it had turned in a net profit of $89.2 million.

For the full year ended Dec 31, its net profit plunged 85 per cent to $75.2 million from $517.3 million a year ago.

Gaming revenue fell 19 per cent to $374 million as a result of a lower premium business volume as the group continued to tighten its credit policy.

"2015 has been a challenging year for the Asian gaming industry. Despite the negative environment, the group achieved an adjusted Ebitda of $915 million. Our focus remains on developing the regional premium mass and mass gaming business," Genting said.

Revenue slipped 14 per cent to $547.4 million from $637.9 million.

The casino operator reported a loss per share of 0.06 cents compared with earnings per share of 0.73 cents for the fourth quarter. A dividend of 1.5 cents per share was declared for the period.

Hi easy _money, god bless u

Outperform rating by MER.

My advice, better take profit, call warrant expiry on 1st week of march

Be careful , conversion price is 7.96

Time to say bye bye to export counter. Oil price up to USD 35 per barrel. Expect our ringgit to back to 3.8 in 2H of 2016

Buy , target price 1.00

Yes. On 18 dec 15. My father bought zelsn at 5.00 in year 2007. Now left only 0.23. Buy or not buy, up to your judgement