hotstuff - hehe. not so low ba. 0.15 is a good price until RGB prove itself again for q1 2023 results in May. if same2 like q4 and not higher, time to run liao
hehe.. Ah Khoo is RGB lucky jinx. I made lots of money from RGB thanks to Ah Khoo. Ah Khoo and a few more accounts with "khoo" helps to keep RGB price at low price below 11 cents. Those long enough here will remember Ah Khoo - our lucky charm.
Macau's gross gaming revenue (GGR) in March was up 23% sequentially, according to JPMorgan (NYSE:JPM) analysts in a note to clients on Monday.
In a boost for companies including Las Vegas Sands Corp (NYSE:LVS), Wynn Resorts Limited (NASDAQ:WYNN), MGM Resorts (NYSE:MGM), and Melco Resorts & Entertainment Ltd (NASDAQ:MLCO), the analysts told investors that they are buyers of U.S.-listed Macau-centric stocks in its coverage universe.
The analysts also noted that GGR was up 247% year-over-year, although the YoY comparison was "easy" due to the COVID-19-related restrictions in China last year.
"March's GGR per day of MOP411m tops that of the ~MOP360m run-rate post the seasonally strong Lunar New Year holiday. Impressive," the analysts wrote. "In other words, March's better-than-expected results should reassure investors of the market's recovery. Even more importantly, March's results likely imply an acceleration in the mass table game segment – probably north of 70% in relation to pre-COVID levels and up sequentially from the 60-65% levels in January and February."
They added that while the first quarter gaming revenue recovery is "more or less telegraphed by these March/1Q23 results," they think EBITDA margins should surprise to the upside.
"We see the 1Q23 earnings season as not only generating 1Q23 upside but, more importantly, setting the stage for 2Q23 and beyond margin-upside-driven positive earnings revisions. Because of this, we think Macau stocks have the best risk-reward of anything in our coverage universe. So, we are buyers of WYNN, MLCO, MGM, and LVS, each rated Overweight," the analysts concluded.
aiksss, new account datochuah. hehe. Ah Khoo becoming Ah Chuah now? Come come Ah Chuah. Waiting for you to push high high. Or your old Ah Khoo style condemn RGB kao kao?
hehe unknown1234. RGB today have to thank Ah Khoo! He is our lucky jinx. But we also need to take profit yeah. Ah Khoo the sour grapes was wrong about RGB at 11 cents but he can be right when RGB price is at the high side. Many more Ah Khoo will appear when RGB price is at high side and starts corrections. Cheers!
Look at free cash flow. 2023 onwards it may generate RM80-100m free cash flow per year. Then you see its market capitalisation of RM340m. A reasonable market price is at least RM0.40 or RM618m market capitalisation.
RGB announce dividend really hook my interest again in this stock as a dividend investor. Although it is not a fat dividend, the company is at least confident with the upcoming earning in FY23. lets continue monitor
RGB announce dividend really hook my interest again in this stock as a dividend investor. Although it is not a fat dividend, the company is at least confident with the upcoming earning in FY23. lets continue monitor
he tourism and hospitality industries are expected to continue recovering, aided by the reopening of border restrictions and increase in international travels especially in the regions where the Group operates. Based on the favourable market outlook, the Group expects to perform significantly better in the financial year ending 31 December 2023, backup by the strong orders secured to date, despite facing inflationary pressure on its operating cost
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 2909 views | 2 d ago
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
cbkia4896
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Posted by cbkia4896 > 2023-02-27 23:19 | Report Abuse
Esok gorengggg