Portfolio updated 28 Dec 2021
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2021-09-17 17:29 | Report Abuse
Nice to see GenM going against expectations today.
2021-09-17 17:26 | Report Abuse
Taking into consideration the market sentiment, it's a decent week for Ctos.
2021-09-16 22:08 | Report Abuse
Tomorrow good day to add, eventhough prospects are positive but Singapore's rising covid cases will put some pressure on Genting Group in the near term.
2021-09-16 19:29 | Report Abuse
https://www.theedgemarkets.com/article/cover-story-gentings-big-bet-vegas
Interesting article, LKT is exploring the possibilities of listing in US.
2021-09-16 17:58 | Report Abuse
https://www.theedgemarkets.com/article/1520-passengers-eight-flights-flew-langkawi-under-travel-bubble-project-%E2%80%94-wee
"1,520 passengers on eight flights flew to Langkawi under travel bubble project"
Decent sign for tourism industry.
2021-09-16 17:03 | Report Abuse
https://www.youtube.com/watch?v=bdcOWWZUv8A
This youtuber just done a livestream at RWLV, for a Wednesday afternoon the footfall is not too bad.
2021-09-15 16:38 | Report Abuse
2021-09-15 14:48 | Report Abuse
Be patient, 12 months ago things were worse, no signs of when or whether vaccine will ever be available, but now we have at least 4 solid vaccines and booster shots to come, and teenagers are starting to get their jabs, it will take time for people to get used to this new normal. Testing kits will become cheaper and more efficient, testing process will be improved and that will ease travel restrictions. Medical advancement over time will give us improved testing that's also cheap that would no longer require tourists to quarantine upon arrival.
2021-09-15 12:06 | Report Abuse
It's likely affected by Genting Singapore's share price, Singapore has recorded higher Covid cases this week. This is going to be the new normal for recovery counters, once sectors have opened up the risk of cases would also increase. Just need to manage our expectations and be patient.
2021-09-14 23:19 | Report Abuse
Stock market is exciting, you can never be 100% sure whether a counter would go up or down, will RWLV spring a good surprise or bad surprise in Q3? Will there be another Covid spike? Will Budget 2022 intro increased sin tax? Or tax incentives that benefit tourism industry? I'm holding to find out all that this November :)
2021-09-14 21:53 | Report Abuse
Decent looking spa, wonder which floor is it located, thanks for sharing.
2021-09-14 18:04 | Report Abuse
Investors are adopting the wait-and-see approach because Budget 2022 is approaching. New policies can and will affect the sentiment, for example the announcement of waiving interests for loan during moratorium today.
2021-09-13 19:25 | Report Abuse
A video showing RWLV's pool area & infinity pool from 03:00, looks neat with a decent crowd.
https://www.youtube.com/watch?v=ceqd1qjMAyo
2021-09-13 01:11 | Report Abuse
2021-09-12 19:28 | Report Abuse
https://www.youtube.com/watch?v=o9pVJxqcIMk
According to this youtuber in his video posted today, this newly opened balcony area (on RWLV's 6th floor) will be run by Ayu Club (Zouk). The night view will be great because the front is facing Strip, while the back overlooks the Ayu Day Club down below.
on 0:04 you can see constructions on-going for a rumoured water park, not sure owned by who yet.
2021-09-12 17:21 | Report Abuse
https://www.youtube.com/watch?v=dwWSdWApkIQ
Another livestream from RWLV on saturday evening, from 27:00 to 36:00 the crowd over there is decent considering Covid is still a concern in United States.
2021-09-11 18:26 | Report Abuse
Yeah seems like Yokohama IR is not happening anymore, and Singapore Covid cases have increased a bit.
https://www.youtube.com/watch?v=fQNxoMIu6os
But on a positive note, based on this livestream from 2:41:00, RWLV's gaming floor had decent footfall on friday night.
2021-09-08 16:25 | Report Abuse
https://www.teslarati.com/elon-musk-boring-company-vegas-loop-resorts-world-station/
Speaking of Tesla, I'm sure y'all know one of Tesla Loop's stations will be opening in RWLV, opening date unknown yet, hopefully will increase footfall for RWLV
2021-09-08 16:03 | Report Abuse
https://www.rollingstone.com/music/music-news/resorts-world-vegas-residency-celine-dion-katy-perry-1167437/
RWLV Theatre with 5,000 capacity will be opening soon.
Celine Dion who was previously resident performer at Caesar's Palace will have around 10 shows through out November. Then Carrie Underwood beginning of Dec, Katy Perry (8 shows minimum) will begin end of Dec, to Jan 2022.
2021-09-07 14:54 | Report Abuse
Alliance, OCBC, Ambank have begun using their eKYC product in recent months, it will contribute to their source of recurring income. On top of their new Tenant Screening, these are products with few competitors, it's understandable why people are willing to pay for its high PE, because there's potential for growth. However, the prolonged lockdown have halted car & property sales in Jun-Aug, so as a result less CTOS reports were purchased too. So, we need to keep Q3 result's expectation in-check.
2021-09-07 14:29 | Report Abuse
RW Sentosa probably will do well in the near future, Singaporeans have spending power plus their Covid situation is under control. Their travel bubble with Germany is already underway too.
2021-09-05 16:31 | Report Abuse
https://www.youtube.com/watch?v=hXaTbpB5Onk
This youtuber has posted a livestream at RWLV earlier today, it's their Labor Day long weekend, and it's quite packed.
Stock: [GENTING]: GENTING BHD
2021-09-17 18:04 | Report Abuse
Just saw AyuClub's Instagram stories that last night's event in conjunction with Mexican independence day was sold out and packed full of clubbers, while Zouk's revenue has no direct contribution towards Genting Group, there's a decent chance they're gonna fill RWLV's hotel rooms, doesn't seem like Covid is a concern among clubbers.