For this year, we estimate about 27.3 million tourist arrivals generating income of about RM102.7bil.
"The number of arrivals is expected to increase to 31.4 million in 2025, generating income of RM125.5bil.
"During Visit Malaysia Year 2026, we estimate about 35.6 million tourists who will generate income of about RM147.1bil," he said in reply to Datuk Seri Wilfred Madius Tangau (PH-Tuaran) on Monday (March 11).
No doubt Empire Resorts or Resorts World Catskill is lacking behind in terms of market share for mobile betting, but as shown in the article, the prospect is good and the pie can be large enough for Empire Resorts to achieve its target market share and help it to turn around.
Posted by Michael_chan2022 > 57 minutes ago | Report Abuse
I was wrong again, today is a hammer, if volume bigger, tomorrow GENM may state a breakout as MACD may cross signal, chances is high while share price above MAV20, RSI slightly above 50%, Stochastic already hooked up, - Mother Genting MACD crossed signal yesterday. (Bet tomorrow a doji 22 hours ago)
https://www.tourism.gov.my/statistics From January to December 2023, Malaysia successfully recorded 20.14 million tourist arrivals. This is about 71% of the number in 2019... surpassing its target of receiving 16.1 million tourists for 2023
https://www.facebook.com/share/v/NHes1kVcBQ9rrYD6/?mibextid=xfxF2i The JV company between GenM and Aset Kayamas, Genting XinTianDi launched Tower A & B of Red Earth Condo which consist about 1300 units in total today. See the crowd from the above l ink, how much sales can be achieved? The previous 1300 units of Tower C & D was fully sold within few months after launched in mid of last year. With average price of RM500K,about 650million of sales shall be achieved. As a JV project,300million of sales will be credit into GenM P&L in the near future
NatsukoMishima, the writer of this article should rethink his career choice. He's not an analyst, he's a story teller. An analyst will give you his thought on what he thinks is going to happen and back it up with data - not give us a history class. Any tom dick and harry can do a google search and find historic info.
I can’t believe idi*ts like this are writing finance articles on yahoo. Still dwelling in the past going on and on about bad performance that was caused by unforeseen and uncontrollable external factors.
Yahoo finance needs to buck up. No wonder it’s a dying company. No surprise there.
Wait for Taylor Swift to come and perform at the Arena of Stars and then stay at First World Hotel pigeon rooms and then also gamble at the casino, then GenM share price will surely go up and maybe LU some more.
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....
Michael_chan2022
3,349 posts
Posted by Michael_chan2022 > 2024-03-11 12:40 | Report Abuse
https://www.thestar.com.my/news/nation/2024/03/11/tourism-off-to-a-good-start
Tourism off to a good start