A company linked to Genting Group chairman and CEO Tan Sri Lim Kok Thay was a surprise seventh bidder to submit a tender for a casino concession licence in Macau.
Genting Singapore and GenM are two separate entities, don't expect GenM will follow to rise 4% or above next Monday. Genting Singapore is the future for gaming stocks but it is not the case for Malaysia based gaming stocks.
It's scary for investors to think how is genm going to gather roughly usd600+ million cash for operations of the casino. Probably not inclusive of construction costs
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....
stkoay
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Posted by stkoay > 2022-09-13 12:40 | Report Abuse
Cannot move elsewhere cos fell in love with one stock only.......haha :p