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4 comment(s). Last comment by sense maker 2014-11-25 23:40
Posted by ItoldUSO > 2014-11-25 23:04 | Report Abuse
sense maker, how do you value the intrinsic value of a Casino license?? one and only in Malaysia.
Posted by addylee > 2014-11-25 23:04 | Report Abuse
it is not doing good at the moment and their casino biz in singapore is expected to be worse for dec's quarterly result (to date) as normally the last quarter will be the most
Posted by sense maker > 2014-11-25 23:40 | Report Abuse
Rising cost of living, stagnant income, runaway property prices and financially savvier generations the world over mean Genting Bhd has a intrinsic value of less than RM5 a share. Casino biz is no longer a money-printing machine everywhere in the world as more people have waken up to the fact that statistically and in probability's terms, it is unwinnable against bankers. Within next few years, Genting Bhd will gravitate towards RM5 a share and below as its profits will only trend lower each year. Does anyone know if there exists any put warrant on Genting Bhd as I would like to short it over long term?
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CS Tan
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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....
sense maker
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Posted by sense maker > 2014-11-25 23:02 | Report Abuse
Intrinsic value of Genting Bhd is RM5 a share.