Genting stand to enjoy BIGGEST earning contribution from GENS + SGD strength Genting stand to enjoy BIG earning contribution from GENTING Las Vegas + USD strength Genting stand to enjoy BIG earning contribution from GENTING Malaysia and its UK/US subsidaires + Pound strength
Genting Resorts World opened in June 2021 at a cost of $4.3 billion. It features 3 hotels, Las Vegas Hilton, Conrad Las Vegas, and Crockfords Las Vegas for a combine of 3.506 rooms.
Genting current valuation has yet to fully reflect the recovery potential of both GenS and GenM, and wholly owe Resort world Las Vegas which just newly just open in 2021 at cost USD 4.3 biilion and have consecutively report increasing profitability now.
Just based on one subsidary GENS market cap already surpasses entire Genting. Genting currently trades at a 16% discount to the value of its stake in GenS.
Factual is GENTING market capitalization has historically traded at an average premium of 43% (as opposed to the current discount of 17%) relative to its effective stake in GenS over the past 10 years
We know the results will be good despite empire resorts. However the risk is not from bad performance but share dealing and party related transactions. What we need is a positive update from Taurx to really lift the share price which should be in the region of 5.70 plus ….given the improvement in trading revenue
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 > 2024-01-24 18:17 | Report Abuse
我的成功並不是靠智慧。
我的成功源自於我長期的專注。
查理. 芒格