2020: Pandemic and Tech stocks
2021: Recovery and Value stocks

Dow Jones Industrial Average +0.97%
INDEXDJX: .DJI
31,802.44 +306.14
8 Mar, 5:05 pm GMT-5

US Gaming stocks are all at pre-covid or even higher than pre pandemic levels:

Las Vegas Sands Corp +1.31% (operator of Marina Bay Sands which is the crown jewel and largest contributor to profits)
NYSE: LVS
63.26 USD +0.82
Closed: 8 Mar, 5:28 pm GMT-5

MGM Resorts International +1.88%
NYSE: MGM
37.85 USD +0.70
Closed: 8 Mar, 6:36 pm GMT-5

Caesars Entertainment Inc +1.89%
NASDAQ: CZR
95.07 USD +1.76
Closed: 8 Mar, 6:10 pm GMT-5

The Dow is up +0.97% even as Nasdaq is down -2.41. The divergence is not surprising as the Tech-led Nasdaq had risen and pushed the US indices during the pandemic while the Dow had lagged

It is now time for the Dow to pull away. The Dow shall once more carry the world's financial markets

GENTING TO THE SKIES AND BEYOND

Dow rises 300 points to touch a record, Nasdaq sheds 2% as rotation out of tech continues

UPDATED MON, MAR 8 2021 4:25 PM EST

The Dow Jones Industrial Average climbed on Monday as investors piled into economic comeback plays after Senate approval of a new Covid stimulus package, while a continuous sell-off in high-flying tech shares put pressure on the broader market.

The market rotation has created a big divergence among the major averages. For March, the Dow Industrials, leveraged more to the reopening, is up 2.8%, while the Nasdaq Composite is off by 4.4%. Meanwhile, the broader S&P 500 is up 0.3%.

https://www.cnbc.com/2021/03/07/stock-market-open-to-close-news.html

HOLD THE LINE BILIS TOGETHER STRONG

GENTING IS WITH YOU

All the way to 5.60 clear with no meaningful levels in between :)

Oil up USD100 US pump gao gao lat crude go back USD -37 u dont know mehhh aiyo

Oil stock tomorrow OPEC say open tap no restrictions, jialat liaooo

Better buy Genting...in Malaysia only 1, in Singapore 1 of 2...where to find ooo

Imagine partial interstate ban lifted e.g. green zone to green zone - pop to RM6
Skyworlds +RM1
RWLV +RM1
Celularity Inc +RM0.5

Hoot9e !!!

BREAKING NEWS

Malaysia to buy more Pfizer-BioNTech vaccine doses, bringing total secured to 32 million, says Khairy
Rozanna Latiff / Reuters

March 08, 2021 14:09 pm +08

KUALA LUMPUR (March 8): Malaysia will buy additional Pfizer-BioNTech Covid-19 doses, bringing the total secured to 32 million, Science, Technology and Innovation Minister Khairy Jamaluddin said today.

The total amount of doses secured is expected to be enough to cover 50% of Malaysia's population, Khairy said.

"All of the Pfizer vaccines secured so far are expected to be delivered by this year," Khairy said at a virtual news conference.

Full article: https://www.theedgemarkets.com/article/malaysia-buy-more-pfizerbiontech-vaccine-doses-bringing-total-secured-32-million-says-khairy

Post removed.Why?

Post removed.Why?

You wait for when Genting shows profits it will be RM12 and we will be selling to you

Genting will go from no one, to full capacity and then overflowing, charged at peak pricing (e.g. like airlines during high season) for years and years to come (just think Skyworlds and Malaysians who have been locked down for over a year), in an instant

It is not like a factory where your lines are commissioned line by line and revenues/profits increase gradually

Always remember, markets are always forward looking. The act of buying a stock and selling it later is in and of itself looking to the future

Pchem up 9% on 3 mil volume ha ha ha power of Malaysia's sovereign fund Genting needs to have primary listings in HK and US quick !

Pre-pandemic share price:

Genting Berhad: RM6.0x

Malaysia National Covid-19 Immunisation Programme starts end-Feb 2021 and expected completion by end-2021 (looking at the speed of progress, likely earlier). Full vaccinations are not required to see the effects of Covid-19 cases and most importantly deaths coming down (see Israel). Hence, by 4Q21 (Oct-Dec) you should be able to see the full effects. Note markets are 6-12 months forward looking (see Gloves). Therefore, latest by 2Q21 (Apr-Jun) we should see share prices pop back to at least pre-pandemic levels

Note: this has not take into account re-rating catalysts:

a) Pent-up demand from revenge travel and gaming (Lifting of lockdowns - MY; UK)
b) Skyworlds (2Q) and Resorts World Las Vegas (summer)
c) Celularity Inc listing (2Q21; assume 10% holding only)
d) *Mashpee Wampanoag Tribe promissory notes USD426.3 mil write-back
e) Resorts World NYC expansion
f) Resorts World Hudson Valley
g) New York state sports betting license bid
h) Japan Integrated Resort (IR) bid
i) Resorts World Sentosa upgrading
j) Plantation - CPO record high
k) Energy - Brent crude oil above USD 70
l) Property - Cyclical sector in an upcycle
m) Life Sciences - Vast potential (see US biotech and genomics co's)
n) International borders reopen / travel bubbles / vaccine passports
o) WHO declares pandemic over

Genting which is a Recovery / Value stock is now also a massive Growth stock

Disclaimer: The information and opinions expressed here are for educational purposes only and the contents of this post should not be construed as financial advice and does not constitute a buy or sell call. Consult your investment advisor before making any investment decision.

Pre-pandemic share price:

Genting Berhad: RM6.0x

Malaysia National Covid-19 Immunisation Programme starts end-Feb 2021 and expected completion by end-2021 (looking at the speed of progress, likely earlier). Full vaccinations are not required to see the effects of Covid-19 cases and most importantly deaths coming down (see Israel). Hence, by 4Q21 (Oct-Dec) you should be able to see the full effects. Note markets are 6-12 months forward looking (see Gloves). Therefore, latest by 2Q21 (Apr-Jun) we should see share prices pop back to at least pre-pandemic levels

Note: this has not take into account re-rating catalysts:

a) Pent-up demand from revenge travel and gaming (Lifting of lockdowns - MY; UK)
b) Skyworlds (2Q) and Resorts World Las Vegas (summer)
c) Celularity Inc listing (2Q21; assume 10% holding only)
d) *Mashpee Wampanoag Tribe promissory notes USD426.3 mil write-back
e) Resorts World NYC expansion
f) Resorts World Hudson Valley
g) New York state sports betting license bid
h) Japan Integrated Resort (IR) bid
i) Resorts World Sentosa upgrading
j) Plantation - CPO record high
k) Energy - Brent crude oil above USD 70
l) Property - Cyclical sector in an upcycle
m) Life Sciences - Vast potential (see US biotech and genomics co's)
n) International borders reopen / travel bubbles / vaccine passports
o) WHO declares pandemic over

Genting which is a Recovery / Value stock is now also a massive Growth stock

Disclaimer: The information and opinions expressed here are for educational purposes only and the contents of this post should not be construed as financial advice and does not constitute a buy or sell call. Consult your investment advisor before making any investment decision.

Pre-pandemic share price:

Genting Berhad: RM6.0x

Malaysia National Covid-19 Immunisation Programme starts end-Feb 2021 and expected completion by end-2021 (looking at the speed of progress, likely earlier). Full vaccinations are not required to see the effects of Covid-19 cases and most importantly deaths coming down (see Israel). Hence, by 4Q21 (Oct-Dec) you should be able to see the full effects. Note markets are 6-12 months forward looking (see Gloves). Therefore, latest by 2Q21 (Apr-Jun) we should see share prices pop back to at least pre-pandemic levels

Note: this has not take into account re-rating catalysts:

a) Pent-up demand from revenge travel and gaming (Lifting of lockdowns - MY; UK)
b) Skyworlds (2Q) and Resorts World Las Vegas (summer)
c) Celularity Inc listing (2Q21; assume 10% holding only)
d) *Mashpee Wampanoag Tribe promissory notes USD426.3 mil write-back
e) Resorts World NYC expansion
f) Resorts World Hudson Valley
g) New York state sports betting license bid
h) Japan Integrated Resort (IR) bid
i) Resorts World Sentosa upgrading
j) Plantation - CPO record high
k) Energy - Brent crude oil above USD 70
l) Property - Cyclical sector in an upcycle
m) Life Sciences - Vast potential (see US biotech and genomics co's)
n) International borders reopen / travel bubbles / vaccine passports
o) WHO declares pandemic over

Genting which is a Recovery / Value stock is now also a massive Growth stock

Disclaimer: The information and opinions expressed here are for educational purposes only and the contents of this post should not be construed as financial advice and does not constitute a buy or sell call. Consult your investment advisor before making any investment decision.

Pre-pandemic share price:

Genting Berhad: RM6.0x

Malaysia National Covid-19 Immunisation Programme starts end-Feb 2021 and expected completion by end-2021 (looking at the speed of progress, likely earlier). Full vaccinations are not required to see the effects of Covid-19 cases and most importantly deaths coming down (see Israel). Hence, by 4Q21 (Oct-Dec) you should be able to see the full effects. Note markets are 6-12 months forward looking (see Gloves). Therefore, latest by 2Q21 (Apr-Jun) we should see share prices pop back to at least pre-pandemic levels

Note: this has not take into account re-rating catalysts:

a) Pent-up demand from revenge travel and gaming (Lifting of lockdowns - MY; UK)
b) Skyworlds (2Q) and Resorts World Las Vegas (summer)
c) Celularity Inc listing (2Q21; assume 10% holding only)
d) *Mashpee Wampanoag Tribe promissory notes USD426.3 mil write-back
e) Resorts World NYC expansion
f) Resorts World Hudson Valley
g) New York state sports betting license bid
h) Japan Integrated Resort (IR) bid
i) Resorts World Sentosa upgrading
j) Plantation - CPO record high
k) Energy - Brent crude oil above USD 70
l) Property - Cyclical sector in an upcycle
m) Life Sciences - Vast potential (see US biotech and genomics co's)
n) International borders reopen / travel bubbles / vaccine passports
o) WHO declares pandemic over

Genting which is a Recovery / Value stock is now also a massive Growth stock

Disclaimer: The information and opinions expressed here are for educational purposes only and the contents of this post should not be construed as financial advice and does not constitute a buy or sell call. Consult your investment advisor before making any investment decision.

Pre-pandemic share price:

Genting Berhad: RM6.0x

Malaysia National Covid-19 Immunisation Programme starts end-Feb 2021 and expected completion by end-2021 (looking at the speed of progress, likely earlier). Full vaccinations are not required to see the effects of Covid-19 cases and most importantly deaths coming down (see Israel). Hence, by 4Q21 (Oct-Dec) you should be able to see the full effects. Note markets are 6-12 months forward looking (see Gloves). Therefore, latest by 2Q21 (Apr-Jun) we should see share prices pop back to at least pre-pandemic levels

Note: this has not take into account re-rating catalysts:

a) Pent-up demand from revenge travel and gaming (Lifting of lockdowns - MY; UK)
b) Skyworlds (2Q) and Resorts World Las Vegas (summer)
c) Celularity Inc listing (2Q21; assume 10% holding only)
d) *Mashpee Wampanoag Tribe promissory notes USD426.3 mil write-back
e) Resorts World NYC expansion
f) Resorts World Hudson Valley
g) New York state sports betting license bid
h) Japan Integrated Resort (IR) bid
i) Resorts World Sentosa upgrading
j) Plantation - CPO record high
k) Energy - Brent crude oil above USD 70
l) Property - Cyclical sector in an upcycle
m) Life Sciences - Vast potential (see US biotech and genomics co's)
n) International borders reopen / travel bubbles / vaccine passports
o) WHO declares pandemic over

Genting which is a Recovery / Value stock is now also a massive Growth stock

Disclaimer: The information and opinions expressed here are for educational purposes only and the contents of this post should not be construed as financial advice and does not constitute a buy or sell call. Consult your investment advisor before making any investment decision.

Pre-pandemic share price:

Genting Berhad: RM6.0x

Malaysia National Covid-19 Immunisation Programme starts end-Feb 2021 and expected completion by end-2021 (looking at the speed of progress, likely earlier). Full vaccinations are not required to see the effects of Covid-19 cases and most importantly deaths coming down (see Israel). Hence, by 4Q21 (Oct-Dec) you should be able to see the full effects. Note markets are 6-12 months forward looking (see Gloves). Therefore, latest by 2Q21 (Apr-Jun) we should see share prices pop back to at least pre-pandemic levels

Note: this has not take into account re-rating catalysts:

a) Pent-up demand from revenge travel and gaming (Lifting of lockdowns - MY; UK)
b) Skyworlds (2Q) and Resorts World Las Vegas (summer)
c) Celularity Inc listing (2Q21; assume 10% holding only)
d) *Mashpee Wampanoag Tribe promissory notes USD426.3 mil write-back
e) Resorts World NYC expansion
f) Resorts World Hudson Valley
g) New York state sports betting license bid
h) Japan Integrated Resort (IR) bid
i) Resorts World Sentosa upgrading
j) Plantation - CPO record high
k) Energy - Brent crude oil above USD 70
l) Property - Cyclical sector in an upcycle
m) Life Sciences - Vast potential (see US biotech and genomics co's)
n) International borders reopen / travel bubbles / vaccine passports
o) WHO declares pandemic over

Genting which is a Recovery / Value stock is now also a massive Growth stock

Disclaimer: The information and opinions expressed here are for educational purposes only and the contents of this post should not be construed as financial advice and does not constitute a buy or sell call. Consult your investment advisor before making any investment decision.

Pre-pandemic share price:

Genting Berhad: RM6.0x

Malaysia National Covid-19 Immunisation Programme starts end-Feb 2021 and expected completion by end-2021 (looking at the speed of progress, likely earlier). Full vaccinations are not required to see the effects of Covid-19 cases and most importantly deaths coming down (see Israel). Hence, by 4Q21 (Oct-Dec) you should be able to see the full effects. Note markets are 6-12 months forward looking (see Gloves). Therefore, latest by 2Q21 (Apr-Jun) we should see share prices pop back to at least pre-pandemic levels

Note: this has not take into account re-rating catalysts:

a) Pent-up demand from revenge travel and gaming (Lifting of lockdowns - MY; UK)
b) Skyworlds (2Q) and Resorts World Las Vegas (summer)
c) Celularity Inc listing (2Q21; assume 10% holding only)
d) *Mashpee Wampanoag Tribe promissory notes USD426.3 mil write-back
e) Resorts World NYC expansion
f) Resorts World Hudson Valley
g) New York state sports betting license bid
h) Japan Integrated Resort (IR) bid
i) Resorts World Sentosa upgrading
j) Plantation - CPO record high
k) Energy - Brent crude oil above USD 70
l) Property - Cyclical sector in an upcycle
m) Life Sciences - Vast potential (see US biotech and genomics co's)
n) International borders reopen / travel bubbles / vaccine passports
o) WHO declares pandemic over

Genting which is a Recovery / Value stock is now also a massive Growth stock

Disclaimer: The information and opinions expressed here are for educational purposes only and the contents of this post should not be construed as financial advice and does not constitute a buy or sell call. Consult your investment advisor before making any investment decision.

Pre-pandemic share price:

Genting Berhad: RM6.0x

Malaysia National Covid-19 Immunisation Programme starts end-Feb 2021 and expected completion by end-2021 (looking at the speed of progress, likely earlier). Full vaccinations are not required to see the effects of Covid-19 cases and most importantly deaths coming down (see Israel). Hence, by 4Q21 (Oct-Dec) you should be able to see the full effects. Note markets are 6-12 months forward looking (see Gloves). Therefore, latest by 2Q21 (Apr-Jun) we should see share prices pop back to at least pre-pandemic levels

Note: this has not take into account re-rating catalysts:

a) Pent-up demand from revenge travel and gaming (Lifting of lockdowns - MY; UK)
b) Skyworlds (2Q) and Resorts World Las Vegas (summer)
c) Celularity Inc listing (2Q21; assume 10% holding only)
d) *Mashpee Wampanoag Tribe promissory notes USD426.3 mil write-back
e) Resorts World NYC expansion
f) Resorts World Hudson Valley
g) New York state sports betting license bid
h) Japan Integrated Resort (IR) bid
i) Resorts World Sentosa upgrading
j) Plantation - CPO record high
k) Energy - Brent crude oil above USD 70
l) Property - Cyclical sector in an upcycle
m) Life Sciences - Vast potential (see US biotech and genomics co's)
n) International borders reopen / travel bubbles / vaccine passports
o) WHO declares pandemic over

Disclaimer: The information and opinions expressed here are for educational purposes only and the contents of this post should not be construed as financial advice and does not constitute a buy or sell call. Consult your investment advisor before making any investment decision.

Genting shareholders are the best :)

Remember why you stayed

We did not come so far only to let go when this is just the beginning and the best is yet to come

Hoot9e !!!

5.6 here we come

For those who wish to join us, its not too late and it is basically clear until 5.5-5.6 which is the next meaningful level

Genting welcomes all to the numbawan top pick sure win recovery stock of 2021 the Year of the Ox, the Year of the SuperBull

Next level is RM5.50-5.60

GENTING TO THE SKIES AND BEYOND

Congratulations to all Genting shareholders RM5 has been broken !

Dear Mr Koon Yew Yin,


What an inspiring story and one of conviction - buying when everyone else was running the other way. As they say, fortune favours the bold


Just as you bought beaten-down value stocks in HK during the crash in 1983, you should also buy beaten down stocks in Bursa hit by the pandemic, presenting a once in a lifetime opportunity.


Top pick is Genting (3182) that is trading below it's NTA of RM8.56 and you will once again be able to rise in 2021 the Year of the Ox. Now is not the time yet for property stocks


Sincerely,
EMSVSI

7/3/21: 1683
6/3/21: 1680

At RM5.59 I will hoot RM5.60

HOOT9E !!!

All over the world recovery and cyclicals will lead financial markets in 2021

And nothing speaks recovery and cyclical more than Genting

After all, Gaming and Leisure are the sectors most sensitive to the economy / economic growth

That is why after every recession Genting goes on a Supercycle Superbull run as the economy recovers and accelerates as history has shown countless times

GENTING TO THE SKIES AND BEYOND

Dow rallies 570 points in big turnaround, Nasdaq ends wild day 1.6% higher

UPDATED FRI, MAR 5 2021 | 4:15 PM EST

Stocks that would benefit from a rapid economic comeback jumped in the wake of the jobs report. The S&P 500 energy sector popped 3.9%, posting its best day since November. Occidental Petroleum jumped 4.5%, while Devon Energy rallied 8.4%. Financials and materials rose more than 2% each.

“Today’s employment report confirmed an economy poised for a broader reopening,” said Gregory Faranello, head of U.S. rates trading at AmeriVet Securities. “The quick selloff in US 10-year rates following today’s employment report was met with good buying around the 1.60% level, lending support to equity and credit markets throughout the day.”

Still, the spike in interest rates fueled fears that growth-oriented tech companies, which had led the market rally last year, may have a hard time living up to expectations if borrowing costs jump. Tesla tumbled more than 4%, bringing its weekly losses to 12%. Pandemic winners Peloton and Zoom Video have slid 19% and 14%, respectively, this week.

https://www.cnbc.com/2021/03/04/stock-market-open-to-close-news.html

Comments: The Dow is charging. The Bull is charging in the Year of the Ox. All hail the mighty Dow

Things are moving faster and faster than expected (vaccines - efficacy, no of doses etc) and better and better than expected (Mashpee, Celularity, Skyworlds, RWLV etc)

Years of downtrend (and bad luck and underperformance) will be replaced with years of uptrend (and good luck and outperformance)

After all they say luck comes in threes :)

New incentives to be announced soon, says Tengku Zafrul
March 6, 2021 @ 7:41pm

PUTRAJAYA: The government is looking at announcing new assistance for individuals and companies that are still bearing the brunt of the Covid-19 pandemic.

Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said the new initiatives would specifically cater to Malaysians and businesses who are the most affected by the pandemic.

"Although the economy has re-started, Zafrul said some sectors, such as tourism and retail were still unable to resume their operations to levels prior to the pandemic. Additionally, most players in the tourism sector are in limbo due to the uncertainty involving travel restriction and the closure of international borders, as part of the government's containment measure to curb the infection."

Comments: Last I checked, Genting is inn the tourism/leisure sector

https://www.nst.com.my/news/nation/2021/03/671537/new-incentives-be-announced-soon-says-tengku-zafrul

This sharerinvestor88 dont be so bad scare new potential investors laaa ha ha ha...you've already invested in Genting no need to reverse psychology Genting shareholders so they increase their resolve...all are diamond hands and actually bought more when it dipped ha ha ha

5/3/21: 2154 (BWN: 812 (37.7%) +170) WN: 1372 (-79)
4/3/21: 2063 (BWN: 642 (31.1%))

The cases are neverending if they don't resolve the foreign workers issues

From the malaymail link:


The minister said the government is treading cautiously this time and looking to allow “green bubbles” for safe domestic travel.
“We will take measures to allow interstate travel based on certain matters and this is important. We will try to develop green bubbles. Travel between states under RMCO.

Tech sector is more worrying...Tesla is down 30% from peak

PAS and closing casino's has been around since a long time ago, in fact there was one just a couple of months ago

You must understand Genting is in which state - "bumi ini milik siapa" ha ha ha. In the 14th GE, PAS contested in all 14 parliamentary seats - total won = 0 - even the Pahang people reject them. Now they are with the ruling PN government, if they wanted to ban, it would already have happened - they just need to ask Bersatu. All this wayang because Pahang is UMNO controlled and they just separated from Bersatu and PAS is with Bersatu so want to make it sound like UMNO is supporting gambling, when the actual fact is gambling has always been for non-Muslims and in no way affects them. In fact, they are one of the largest taxpayers and the employment plus tourist revenue to the state is tremendous - you ban and exchange with what..keropok lekor..? ha ha ha

NASDAQ (-2.11%) and Tech dragging the US markets and Dow (-1.11%) down is like gloves dragging KLCI ha ha ha

Worldwide cases are increasing due to developing countries and has no bearing on Genting since its operations are in SG, MY, US, UK and global travel/mobility and spending (on gaming etc) will come from the developed countries

US, UK and other developed economies like Germany, Canada are decreasing (with China already contained)

Israel which is leading the world in vaccinations has ~50% who have had at least their 1st shots - Pfizer-BioNTech takes 21 days between the 1st and 2nd shots and full immunity is occurs only 2 weeks after the 2nd shot. Effects will be seen by April

Interstate travel according to zones is good news

Green to green zones as a test case, coupled with rapid testing and contact tracing and any flare outs in cases can be quickly detected and contained

P Pinang
4/3/21 +337 (72 WN; 265 BWN)
3/3/21 +90

2063 cases today. Increases in P. Pinang and Sarawak

BUY AND HOLD THE LINE DONT YOU DARE SELL

DIAMOND HANDS BILIS TOGETHER STRONG

GENTING IS WITH YOU

BUY AND HOLD THE LINE DONT YOU DARE SELL

DIAMOND HANDS BILIS TOGETHER STRONG

GENTING IS WITH YOU

Post removed.Why?

Only the NASDAQ (Tech etc) tanked -2.7% overnight

DOW was only slightly down with Gaming and other recovery / cyclicals (O&G) up

Genting SG is up

LVS focusing on Singapore (and Macau) sends the message that Genting Singapore is even more valuable and last I checked Genting owns 52.7% of GenS ha ha ha

US Gaming stocks are up

Las Vegas Sands Corp. +1.34%
NYSE: LVS
65.82 USD +0.87
Closed: 3 Mar, 6:34 pm GMT-5

Caesars Entertainment Inc +2.77%
NASDAQ: CZR
95.56 USD +2.58
Closed: 3 Mar, 6:20 pm GMT-5

Wynn Resorts, Limited +1.97%
NASDAQ: WYNN
135.62 USD +2.62
Closed: 3 Mar, 5:48 pm GMT-5


Dow Jones Industrial Average -0.39%
INDEXDJX: .DJI
31,270.09 −121.43
3 Mar, 5:03 pm GMT-5

Thank you for this - nice coverage on Genting Singapore's investment thesis

A video on Genting Singapore stock performance. For your reference.
https://www.youtube.com/watch?v=eu19r5ekzQU

Comments: Genting SG's share price performance has far lagged that of Las Vegas Sands (of which Marina Bay Sands is the crown jewel and contributed the largest EBITDA to LVS's 4Q20 results) - just like Genting's share price performance has lagged that of GenM and GenS vs Jan 2020 pre-covid levels

Don't always believe what you read from analysts...after all they once gave a TP of RM110 for one of the listed companies based off of supernormal earnings...

Instead, look at the figures or simply ask yourself, after a year of lockdowns, what would you yourself do, where would you go...on top of that it is also human nature to always go to the newest an shiniest thing in town (just like Malaysians and new malls ha ha ha)

RW Las Vegas will be a growth driver for Genting

On 25 Feb 21 (after market close), Caesars Entertainment (NASDAQ: CZR) released 4Q20 results

Qtr: Net Profit/Loss (USD)
4Q20: -555 mil
3Q20: -926 mil

Share Price
25 Feb 21 (Thurs)
Close: $85.14
26 Feb 21 (Friday)
Open: $90.74 Close $93.44

More importantly, highlights from its 4Q20 earnings call on Las Vegas:

"Currently in Las Vegas, we are at our highest level of bookings since reopening. January and February have ramped up, it's almost like a switch was flipped, sometime late January, early February. Our bookings are up 20% on a month-over-month basis in the FIT and casino segment."

"So we are extremely encouraged by that. If you look at our actual performance in January and February, January was well in excess of November and December, approached October in terms of EBITDA, February has been strong as well, obviously with fewer days in the month ultimately, but if we -- as we look forward at our forward-booking forecasts, by mid-March, we're well into the '50s in terms of percentage occupancy mid-week on the strip and we're 95% plus on weekends."

Note a) This was achieved whilst the pandemic is still on-going in the US and with various restrictions etc
b) It confirms RW NYC's statement that it too has seen pre-pandemic levels in gross-gaming revenue for 4Q20
c) and last but not least, many of the listed US casino stocks still have large operations in Las Vegas - if it was not profitable, their share prices would not be climbing to current levels many of which are already (much) higher than pre-pandemic levels

Conclusion: RWLV (opening Summer ie 2Q21) will be a growth driver just like the many other catalysts in store