@MoneyMakers @Prudentinv Got old saying - ‘high interest rate good 4 banks until they’re not’ Bank Negara raises OPR in a measured manner, 4 times over the past year and by only 25 basis points each time, unlike in some countries where interest rates could be increased by 10% to defend their currencies and to fight hyper inflation.
"Go learn higher level economics & will understand how high interest rates destroy/collapse bank" Rate increases are likely to come to an end before the end of this year. Probably another two increases at the very most. How would these result in bank failures/collapse?
Analysts expect Chinese airlines (same same for GenM and GenB) will see profits peak next year as international traffic makes a fuller rebound. "I think we need to be patient and wait for the earnings to kick in to drive the valuations...down".
Patient.., patient and patient. Lock in the freezer
MIAMI: A prime waterfront Miami parcel put up for sale by Genting Bhd has attracted five offers exceeding US$1 billion, according to the broker, potentially setting a record for such property.
Genting, which owns casino resorts in Malaysia, Singapore and the US, acquired the Florida property and some nearby real estate for about US$236 million in 2011.
The highest bid was just under US$1.5 billion. The company plans to narrow the field to three before making a final decision in the coming weeks... wow! Above the market expectations ..
AngTayKor/ Bob, please don’t hide away and remember to be gentlemen and pay all the losses for those investors who listening to you and cut losses! We all know you hv plenty i3 accounts with different names!
I hv won big in plenty shares that i invested! Do track my i3 entry prices for the shares that I bought and re-post them in genting i3 forum! I bet you don’t dare because you r a loser and not gentleman! Haha…
It won’t go up, as sellers who go for small gains will do as they always have done …sell. Won’t see much movement up is my two, pence worth. Only time it will shoot us is when TAUrx are successful in getting approval….Which May happen any time in the 2 half
Excerpt: Genting intends to invest the proceeds in its resorts, including possibly an expanded hotel and casino complex at its Resorts World slot-machine parlour next to the Aqueduct Racetrack in Queens, New York. The company is vying for one of three new downstate casino licences in New York
Michael_chan, why you think chances are not very high?
Excerpt: Because two licenses are expected to go to existing so-called racinos with horse racing and digital betting, the competition for a city license figures to be fierce
Competition is only fierce for the other 3, exception are the 2 with high chance (one of them is Genting) Yeah its all just theory at this stage, but that's the general concensus Anyway, nothing is priced in now, so either way its a good thing 50m license fee per year is probably not too high IMO
If Genting wins the NY license upgrade, they could theoretically taste the cake earlier than most other winners Early bird entrance boost by just upgrading existing casino, even if geographically they are some distance away from each other
michael must be noobie on market not guarantee but is high chance because RW have good reputation to local community they keep supporting community like education . deal with goverment is depend on reputation if your reputation and image is good the high chance you can win goverment trust . now is dealing with goverment track record and reputation is very important this is the game rule .
"Since opening its doors nine years ago, Resorts World has fulfilled its commitment to be an economic driver, a good community partner, and, most important, a leader in generating significant and much-needed resources to New York's public schools," said Bob DeSalvio, President, Genting Americas East.
genting is doing the right thing keep invest in non gaming part and non gaming part growth more faster than gaming this is goverment like to see . even macao also have to learn with genting
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....
speakup
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Posted by speakup > 2023-03-24 07:42 | Report Abuse
Genting net debt rm17 Bil lah