Posted by Balian de Ibelin > 2 months ago | Report Abuse

This is Reverse Marketing because it is not properly done.
Reverse marketing always damage any company.
Never give discounts for peak periods.
compare with Disney Pass and you will understand; can see a World of Difference.


ClaraChan94

Genting Skyworlds in Malaysia recently released an annual pass that will give you unlimited access to the theme park, including all rides and attractions

https://www.tripzilla.com/genting-skyworlds-annual-pass-unlimited-access/152944

3 minutes ago

Posted by AngTayKor > 2 months ago | Report Abuse

Posted by Balian de Ibelin > 10 minutes ago | Report Abuse
never mind lah
I keep telling you. When you forgive @MM, you forgive yourself.
@MM is always lovingly evil.
He has not changed at all.
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Yes @Balian, the evil one already kena immediate bad karma liow.

I remember your advice abt digging up shxt, I have to smell the shxt first myself... since MM probably wont change his evil ways, I have to try to change myself then.

Posted by eagleye > 2 months ago | Report Abuse

Annual pass is so so only.
As it's far away, you won't be going there every other weekend.
RM 280 pass ticket unlimited access to G Skyworlds.

A lot of Terms & Conditions.
NO Guarantee access to all rides, etc.

First come first serve.
Only 3 free Virtual Queue reservations.

This may not work well for Annual Pass holders during peak hours and peak days as massive crowds would result in very long queues.

Posted by eagleye > 2 months ago | Report Abuse

This promotion is to attract people to enrol for Annual Pass of RM 280.

Initially, this may secure more revenue with high enrolment of Annual Pass.
Later, with more visitors descending on Skyworlds during peak hours and peak days, the place will be overcrowded.
Then, Annual Pass holders will be disappointed as they can't access the rides. Their disappointment will lead to anger & bitterness. Bad comments and feedback will follow. Bad image and reputation to G Skyworlds will arise. Both Annual Pass enrolment and its revenue increase will taper off as a consequence.

Posted by eagleye > 2 months ago | Report Abuse

This tactic works well for off peak hours, off peak days and off peak season.

But it does not bode well for Annual Pass holders and the management.

Annual Pass holders want access any time, especially during peak hours and peak days.
Management wants more revenue, especially during peak hours and peak days.

This runs counter intuitive to their goals of earning more and maximizing revenue.

Over burdened and over crowded minimizes effectiveness and efficiency.

I agree with @Balian de Ibelin that this may not be good, effective marketing.
At best, it is a short-term, promotional & PR campaign.

Posted by AngTayKor > 2 months ago | Report Abuse

Some years ago i had RWS USS pass for family. Its really convenient, drive 10 min reach RWS liow, then take long escalator from basement carpark straight to USS entrance. Bought half yr pass then, really can go USS on any weekdays or weekends. Took rides until blur n chaotar. But parking is very expensive there n food is expensive also. Didn't renew the half-year pass thereafter.

Drive up to RWG from KL will probably take couple of hours hence peak period jialat, non-peak days how to go with kids? Hard to do day trips, most likely need to stay at RWG hotels.

Posted by Balian de Ibelin > 2 months ago | Report Abuse

US stocks futures had stabilized.
Tomorrow likely Genting green.
Those who panic sold will bang balls.


Heart must be steady
no panic buy.
no panic sell.

Posted by AngTayKor > 2 months ago | Report Abuse

Warren Buffett cautioned that you should be ready for any stock you buy to plunge ‘50% or more’

https://finance.yahoo.com/news/warren-buffett-cautioned-ready-stock-104500651.html


Yes @Balian, heart must be steady when it comes to stock market.

Posted by choysun > 2 months ago | Report Abuse

Short position still increasing. :)

Posted by eagleye > 2 months ago | Report Abuse

Very quiet during labor day weekend but with more events lined-up towards year end and approaching Christmas and New Year celebratory, festivity and holiday seasons, footfall and traffic will spike uP. More people coming, more sales, more revenue, more profits.

Posted by Daim88 > 2 months ago | Report Abuse

Warren buffet cashed out on Apple weeks ago, now holding tons of cash, can't wait for the market to crash, is it?

The question is, what could be the black swan event? What do you guys think? Mpox? Trump? WW3? AI bubble popping?

Maybe just plain old fashion financial crisis like 2008? But one thing for sure, we are very close to that event already. Even Warren buffet is issuing warnings.

Posted by AngTayKor > 2 months ago | Report Abuse

He still busy selling BoA.

https://fortune.com/2024/09/03/why-is-warren-buffett-selling-bank-of-america-stock-berkshire-hathaway/

Posted by AngTayKor > 2 months ago | Report Abuse

KLCI propped up by banking stocks. When these stocks roll over, so does KLCI.

Posted by hw0706 > 2 months ago | Report Abuse

BANGKOK: Thailand’s new government will move ahead with plans to introduce casinos after a public hearing showed strong support to create a big entertainment complex offering gambling, a senior official said on Thursday.

Posted by eagleye > 2 months ago | Report Abuse

Good move for Thailand to expand its tourism mkt.
Finalize govt plan for 5 IR/casinos: 1+ yrs,
Invite, process, analyze, select, approve: 1+ yrs,
Build, construct, complete, open: 3 yrs.
Target launch open earliest 2031 CNY.
Winning bids news late 2026 - early 2027.
A long wait for rumors to spike uP GB price
Don't forget must borrow RM10+B to fund it.

Posted by AngTayKor > 2 months ago | Report Abuse

2 casinos will be in BKK region. 3 more at other Thai provinces.

Total debt now rm41.42B. Better digest what we have first. RWLV in operation for 3 years liow still cannot turn in real net profit except positive EBITA which is often a misleading figure.

Posted by eagleye > 2 months ago | Report Abuse

Agree with @AngTayKor.
While it offers potential to keep expanding and opening IR/casinos in Thailand and UAE, the big, enormous and large debts incurred in putting together these new projects - Thailand & UAE & more in the horizon will pile uP their debt even bigger, deeper and further.
They have to resort to external funding with Large Loans as internal funding is insufficient.
This will jack uP gearing ratio as well as take on higher risks.
Risks become and get Riskier

Remember, like RWLV, early years of new casino less business and higher expenses, etc. leading to more losses.

Will repeat itself with Thailand and UAE.

Share price may not rise as expected, and may even decline and drop as it is inundated with so many huge existing loans and huge new loans to cover and service.

If some negative external or internal events occur such as weather - storms, geopolitical, regulatory processes, financial or economic downturn or health/pandemic, share holders may bear the full brunt of price falling low.

Posted by AngTayKor > 2 months ago |

Post removed.Why?

Posted by AngTayKor > 2 months ago | Report Abuse

A good biz operation will aim for immediately open for biz, immediately huat. Thats the hallmark of a good biz. Time may be needed for all biz segments to be fully operational n ram up to a larger scale. But cant be running at net loss for years.

Posted by ImCK > 2 months ago | Report Abuse

ATK for rwlv actually already turn profit if exclude the depreciate item because the building of RWLV is billion billion property

Posted by AngTayKor > 2 months ago | Report Abuse

Im not referring to EBITA. I want real accounting net profit like what RWS did immediately after casino biz open in 2010. Real net profit of over S$1B after interest charges, taxes and amortisations.

Posted by ImCK > 2 months ago | Report Abuse

ATK they need work harder because the performance is too slow ! everything is under performance this kind result shouldnt happen in GENTING

Posted by AngTayKor > 2 months ago | Report Abuse

Posted by hng33 > 25 minutes ago | Report Abuse
Genting Las Vegas report half year report revenue RM1031m and Pretax RM 231m.
However, Genting Las Vegas which owns and operates a USD4 billion integrated resort on the Las Vegas strip also bear USD 1.75 billion senior note that carry interest cost expense. These senior note due in 2029, 2030 and 2031. Therefore, it is imperative to see weaknesses in USD currency and cut interest rate cost in coming fed meeting. It is estimate fed will cut rate by 0.25% for next 3 meeting in 2024 to give total 0.75% rate cut by year end follow by another 1.25% rate cut next year.
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I believe this "pretax m231m" is an EBITA figure (Before Interest charges, Taxes and Amortisations). I read from an article some years ago that the RWLV project is almost fully financed by debt, not just from USD1.75B of senior notes.

@hng33 please read my earlier posts abt those long term USD debts locked in during ZIRP era. I explained a few times liow.

Posted by ImCK > 2 months ago | Report Abuse

another good side is they got treat shareholder nicely by consistencely dividen even in covid19 period negative income

Posted by ImCK > 2 months ago | Report Abuse

ATK maybe genting should unlock the value by IPO listing i think the most better way is go for REIT unlock property value

Posted by AngTayKor > 2 months ago | Report Abuse

Posted by ImCK > 5 minutes ago | Report Abuse
ATK they need work harder because the performance is too slow ! everything is under performance this kind result shouldnt happen in GENTING
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I think those overseas grandsons not performing up to expectation include UK, Empire Resorts and RWLV.

Top priority now is to secure one of the 3 coveted NYC full casino licence otherwise there is no sexy IPO story to write liow. That RWLV money laundering case must be a sabotage by USA competitors, to be used against us during NYC licence awarding process. Very dirty business tactics.

Posted by ImCK > 2 months ago | Report Abuse

dont know when the first light casino impaire loss can be recover since they win the court in april . this should be the only good news go genting i will wait see Q4 how the perform because batang kali road open + annual pass launch should be revenue and profit boom

Posted by ImCK > 2 months ago | Report Abuse

genting management need change blood 1) lack of creative 2) stragegy is too passive 3) never follow up closely like PUC LANDMARK buy so long already dont know want to do what . empire resorts losing so long already golf also open liao where is the event to push the traffic . KNN RWG so much led screen dont know offer advertising service look at pavillion they earn advertising income from thier properties

Posted by ImCK > 2 months ago | Report Abuse

sunway lagoon also launch night park and halloween . genting continue sleep lol

Posted by AngTayKor > 2 months ago | Report Abuse

Posted by Balian de Ibelin > 1 hour ago | Report Abuse
Best solution is for TAK to delete all his posts today and announce he bought into Genting 100% instead of zero shares in Genting.
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ATK really low in cash now, all into Taurx. How to buy stocks? Its not a glamorous thing to publicly declare here that trader in very low liquidity, a poor man now.

Posted by AngTayKor > 2 months ago | Report Abuse

RWLV wont be a write off la. Will be IPOed together with ER after securing NYC full license. Taurx wont be a write off la, we are already bigger than Genting Bhd. Relax eat popcorn drink beer n watch the UK Christmas show.

Posted by AngTayKor > 2 months ago | Report Abuse

Oaktree Capital Management says Fed cuts to take US rates no lower than 3%

https://www.theedgesingapore.com/news/us-economy/oaktree-capital-management-says-fed-cuts-take-us-rates-no-lower-3?utm_source=WeekdayEDM&utm_medium=email&utm_campaign=FREE


These are Fed overnight rate. 10 year T-bill yield will be higher than overnight rate after inverted yield curve normalisation, "un-invert" back into a normal yield curve whereby long term rate will be higher than short term rate.

Posted by AngTayKor > 2 months ago | Report Abuse

Posted by Balian de Ibelin > 3 hours ago | Report Abuse
When TAK deletes his today posts
I will delete my today posts. 🤣
After that together we will lead @MC and @MM into longkang
--------------


I admit some of my bullish posts last week was to lure evil MM into longkang. I knew MM was about to buy liow, just need a little more "encouragement" for him to key in his buy orders. MM bought on Fri 30/08/2024 afternoon probably at abt 4.32. Serves him right for doing evil fear mongering tactics here whenever he wants to buy. Bad karma strikes MM again, Immediately Bought Immediately Lose.🤣🤣🤣

We (the ikan billis) can talk all the bullish things here, but always remember that price action reigns supreme. Opinions are often wrong. the market is always right.

Posted by AngTayKor > 2 months ago | Report Abuse

Posted by MoneyMakers > | Report Abuse
No wonder soo cheap
US regulator sue RWLV (money laundering violation) + GenS QR terrible
------------
Dont bother with TauRx - got hundreds other alzheimer med under Phase 2/3 clinical trials
Current share price values TauRx at 0 - so TauRx failure only minimal affect share price
------------
Stuck even when bursa up 1650 pts
Feel people wait sell expecting bad QR soon
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2 more days margin call b4 bad QR (expected Thur) - lets see how low can go
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Late selloff continue ystrdy red
Seems people want exit b4 bad QR (GenS bad) out
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Crazy evening selloff - wait&see how bad QR later
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Woww big revenue drop + profit cut half..bad econ people no money travel??
Ystrdy Dollar General shares drop 30% after bad QR (weak consumer)
Economy soo bad..GB Q2 revenue alrdy drop 1st time - disaster if nxt QR more revenue drop
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2023 still ‘covid recovery’ so shouldnt compare y-o-y
Q2 suppose seasonally strong (raya holiday etc) but QR soo bad - Q3 later even worse??
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Everywhere weak economy - GenS/GenM alrdy affected Inflation destroy wealth
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Walao afternoon red alrdy - just need break under 4.30 then bye2
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If GB future soo good (look forward) - wouldnt be 4.3 now
******************



Dont do such bad karma evil tactics here, hoping your fear mongering tactics can allow you to buy at cheaper price la. You must believe in karma and also fear karma. Karma is real. Now bad karma strikes again, Immediately Bought Immediately Drop.

Posted by Daim88 > 2 months ago | Report Abuse

Genting owe people a lot of money, very embarrassing!! Never trust gaming boss, hati busuk!!
https://www.youtube.com/watch?v=QJUdGc7RWQU

PM Ah wah gor, hunting former and current member of kutty gang, show down this september, don't know if LKT will kena also.

Posted by newbie2019 > 2 months ago | Report Abuse

dump dump run

Posted by stampid54 > 2 months ago | Report Abuse

take take and hoot when it's at Rm4.10

Posted by prudentinvestor > 2 months ago | Report Abuse

Don't dump at this level, already very low. May be should adopt a wait and see strategy. Not likely to go down to RM4.

Posted by AngTayKor > 2 months ago | Report Abuse

Anything is possible in the stock market. If MM scared his loss balloon bigger, can always choose to xxx xxxx 😀

Posted by snowball88 > 2 months ago | Report Abuse

hold this stock long time, dump all when it's 4.8+.... bought back at 4.30...now drop again. walaoeh.

Posted by Mytime > 2 months ago | Report Abuse

Only Genting Singapore & Genting plantation shines. The rest are either building up huge debts or post only tiny of profits. Genting era already on the decline since the expansion in the US market

Posted by neohts > 2 months ago | Report Abuse

NTA RM8.94.
Today share price RM4.21.
Half price cheap sale.
Company won't close down but hopeless. Only TauRX can safe the company. Cannot afford to fail.

Posted by AngTayKor > 2 months ago | Report Abuse

Posted by snowball88 > 1 hour ago | Report Abuse

hold this stock long time, dump all when it's 4.8+.... bought back at 4.30...now drop again. walaoeh.
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Not bad liow free 50 sen "dividend"

Posted by yfchong > 2 months ago | Report Abuse

Apa macam.

Posted by AngTayKor > 2 months ago | Report Abuse

Trader attending stock trading lesson now. Do not disturb.

Posted by ClaraChan94 > 2 months ago | Report Abuse

They are getting stock trading lesson from which guru? 😆

Posted by choysun > 2 months ago | Report Abuse

Futures improving after jobs results ah. Aiyo, my queue still not matched :(

Posted by newbie2019 > 2 months ago | Report Abuse

i bought 4.2 dumped 4.4 and will buy in the range of 4.1 to 4.2 and prepare to dump again when reaching 4.3

hehhe

Posted by newbie2019 > 2 months ago | Report Abuse

shiok shiok kan??)

Posted by AngTayKor > 2 months ago | Report Abuse

Aiyo market not happy fed going to cut 0.25% only for September? Next week maybe got chance @Choysun.