KML, dont worry. Only a small portion of my portfolio is GenM. I will buy more when it drops

As other people said, maybe funds scared. then dump all their shares

It's a good thing though. I hope it drop to $1

monetary, I like the way they react.
I hope the price will collapse to $2. It's better to buy at $2, because the dividend yield will be much higher.

monetary, Vegas & NY attract different people. US is a big country
NY bankers and tourist are rich as well. RWC should be able to attract them. No need to compete with Vegas

What's wrong with RPT? I think it's too gentle. Why not GenM buy the entire stake of Empire from Kian Huat? Build it up and list it in Dow Jones.

By the GenM is not a Malaysian company. It will have the same status as Sands

Asian woman are shallow and stupid. They like branded goods to make themselves feel valuable.

So GenM is smart to partner Premier outlet with Casino.
the wife shop, then GenM strip the guy to his underwear

Even Empire is a black hole, it is the CORRECT way to fall.

Business is a gamble. You always bet where odds is highest. There's no guarantee of sure win

RWC is not only for NY. It's more targeted at China tourist.

If not, why would NY gov allow GenM to operate brainless business on their land. They could easily award to another US company, MGM, Caeser, or Trump.

GenM knows China tourist well. I think they can do a good job to boost up US tourism to attract Chinese gamblers, who also crazy at Woodbury premier outlet.

yangxi, is CIMB the owner for Touch & Go?

That's good news Vulture. I like to see share price collapse
So I can get lelong price

Thanks vulture for sharing. you mean that the fund manager will clear all, once they see RPT that are lost making?

Poker, i think Gen is fighting with Disney at Miami as well
https://www.bloomberg.com/news/articles/2018-10-17/disney-bets-20-million-to-ensure-florida-isn-t-the-next-vegas

Disney will lose. Casino has more cash to buy Miami government

oregami, will you let Maybank occupy a large portion of your portfolio? like more than 20%?

oregami, what else you buying into? do you buy into another casino stock called Bursa?

Why don't indonesia & malaysia form cartel to control palm oil price?
similar to Opec

My own calculation. Please help to verify. thank you

Estimation:
Cash generate for 2019 = $2b
Net Profit = $2b X 70% = $1.4b (30% allowance for depreciation & upgrade of facilities)
Earning per share = $1.4b / 5.8b = $0.24
PE = $3.14 / $0.24 = 13

Got it thanks for the info...

Ohhh.... you mean the estate planning fee is 20%. Right now Maybank is not doing it.
But if Maybank were to get into Estate planning, they can earn 20% fees.

Is that right?

oregami, don't mind explain what you mean by --> ezly eat up 20% of the total inheritance
thanks

that means Maybank eat the entire life cycle?
like a rich man let Maybank manage his money & shares. Then Maybank help him write Will
then he die. Maybank help him distribute the money according to Will, and earn commission.

His children continue to use Maybank. Children die, earn again... i like this business

You mean Maybank or the gov eat 20% of the inheritance? i thought Malaysia has no inheritance tax?

Is RHB a better bank than Maybank?

oregami, thanks for the info. I like the will writing part. it's a very profitable business that people are willing to pay for. Maybank bite into lawyer's rice bowl

Why people like to buy Gen Berhad? it's a confusing mix of companies, that makes analysis difficult. If you like casino, just buy GenM. If you like plantation, then get GenP

Berhad is a holding company. They have no incentive to give high dividend to shareholders.

oregami, i see. Do you think Maybank actually have a superb quarter? I am not familiar with bank.
Don't know how to judge their earning potential.

oregami, wrong thread. This is about Maybank

Do you know if CIMB has made huge loan to Najib's company last time? I want to buy CIMB, but I scared his brother suck dry the bank and result in huge losses in future

oregami, why are you everywhere?

oregami, seems like Maybank's earning actually increase a lot. But they purposely lower it, by increasing the "Gross change to contract liabilities" ?

Those insurance claims can be spread out, but they book all in at once in this quarter.

it's a short sighted move i think... because if GenSg is robbed, they will just route their VIP to GenM... so in long term, i think Sg gov is killing it's own golden goose. Good for GenM

LGE is not desperate for cash... you see gov granted Tax rebate for GenM to start the GITP 10 year plan. So GenM can add new attractions for free.

Sg gov is desperate for cash right now.. because many companies exit to emerging markets. so they rob GenS

the Jeju issue was probably to do with Korea, allow USA to put THAAD missile at China back side... i didn't follow much on that. but it was a small venture

i eat, sleep, breathe casino... i am an addict, and a sohai
just kidding... haha

Jeju is game over already. they initially partner with China Landing. then sold it away, probably not making much

GenS has about $4b net cash. All will be tied up for the new expansion of casino, which cost around $5b. They will build some big aquarium, new hotel, etc. Actually nothing much left. Sg gov fast hand fast leg, see $ grab first before shareholder dividend.

oregami, it's very difficult to win, when Galaxy, Wynn and Sands are competing. If you are Japan gov, you will give 2 license to US company to lick US boots. So you get more quota for Toyota cars

Give 1 to Galaxy, so China will flood you with gamblers. No point give to GenS, unless you want chilli crab? i don't know what Sg has to offer

GenBerhad has too much of its value tie to a doubtful asset (GenSing)... i think its overvalued

GenSing is very risky... because relationship with China is not stable. anytime cut tourist, then it will suffer. Japan casino also cannot confirm, too many strong competitor... not easy to win

there is no guarantee that USA will be successful. Chinese play game at white-man land is not easy. But it's a gamble that GenM must take

tian ge, thank you for writing this good article.
Is it possible to see the Cash Flow break down for each country? like Cash Flow for Malaysia, Cash Flow for USA? EBITA is not so accurate, because there are a Impairment charges

i am the sohai that encourage all of you to sell both mother & child
$3.14 is quite a nice price to buy. But i hope to buy at $2

greatly appreciate if you can share with me your knowledge as well. thanks

please don't take all my words as facts, I make mistake & wrong assumptions sometimes

please let me know if i make any mistake in research. thank you

GenM likes 2 types of location
1) $ launder hub -- UK, US, SG, Bermuda
2) China strategic cities -- Greece, Egypt (suez canal)

But my question is --- Why don't Greek gov return a favor & award direct to Galaxy, or SJM?

Why bother with GenM, or Hard Rock? which has NOT done anything to help Greece.

So I guess China will pump A LOT more $$$$$ into Greece. And award A LOT of tourist, as a sign of friendship & boost Greek economy

That's what GenM needs --- China Gamblers

oregami, GenM follow China tourist

Greece is the trojan horse for Europe. It's a back-door for China a have a foot inside EU.
China invest heavily in Port Pirares, bringing it back to life... With Greece's help, China can gain access to Western Europe market with greater ease.

i see. People follow sentiment, although it's none of their business

Thanks Poker21... I didn't know GenM bid for Greece
Any idea why the competitors are so lousy? don't see the usual Sands, Wynn, Galaxy and MGM

Bidders:
Hard Rock International, Mohegan Gaming & Entertainment and Genting.

Is it a piece of shit that no others want?

https://greece.greekreporter.com/2019/08/30/greece-to-open-international-bidding-for-hellinikon-casino-in-october/

Osaka will be under Gen Singapore. Not related to GenM right?