Posted by AngTayKor > 1 week ago | Report Abuse

I also duno why LKT wanted to buy Mashpee red-indian land n lost over a billion.

Posted by ImCK > 1 week ago | Report Abuse

they put thier reputation is risk with worst performance label . how to bid other country casino lisence ? goverment will ask show me your track record what should genting show ?

must forget useless western stragegy chop people with branding the market not fool there have a lot choice now . use back china man stragegy aim volume offer more add value lowest then they will share = FREE MARKETING grab market share let your peer cant growth then eat thier market share . like SPEED99 most of the profit not from grocery the main income from is advertising and listing fee . if you dont change your mindset you forever loser like airasia do you think they play branding ? they play lowest price strategy when many many people then only start filter offer VIP service Priority Service
.

Posted by Junkit Ng > 1 week ago | Report Abuse

CK the NYC license is based on getting approval from the district (how much tax u paid them over the years and what u bring to their district) and how much u can bid. In resort world case their district are backing them since resort world has been supporting them for 13years in taxes. However for me i think that they shouldnt even go for the license 1billion usd for the license and another 500mil - 1bil for the new resort in a highly saturated zone is just financial suicide. Then stop this 99smart commendation spree pls, look at their holders 82% is own by boss and friends 17% is own by retail. They are a shoplot grocer with 8-10 worker in each shop. All ur advertising and listing profit feed to the workers alrd. Its just a low float stock

Posted by Junkit Ng > 1 week ago | Report Abuse

Comparing a multinational brand to a local low float shop lot grocer is a no brainer. They litterally cant do that cuz they are a casino (u cant do unlimited slot machine for 1000, 1 jack pot and lose all ur gains then ur free 1000 chip for poker marketing i suggest u try doing that this chinese new year with ur family with free rm100 and see how it turns out confirm u lose untill u stop gambling the lose u get back 100 they win u lose 200, 400, 800. 99 is riding the IPO hype they will come back down once market realises how tight their margins and operating cost are no need to praise them like they are the 2nd coming of NVDIA.

Posted by ImCK > 1 week ago | Report Abuse

Junkit the bid is like poker game because the downstate commercial lisense too much competitor . RWNY is showhand to other competitor see who dare follow 1billion tax pledge .

the problem is thier stragegy part as i said they got Great moutain view catskill with GOLF / great beach view bimini resorts they can make cross property stragegy . Example: Force selling1000 USD chip FREE vacation in Resorts world catskill / Resorts World Bimini with expiry date or 500USD come with F&B voucher .

A lot of stragegy can play here without cost and drive traffic to own property continue spending .

Posted by MOBAjobg > 1 week ago | Report Abuse

Get rid of all Genting shares from your investment stock portfolio. There are far better companies that deserve your hard earned money.

Posted by ImCK > 1 week ago | Report Abuse

New york population 8.258 million why should think how to earn each people
100 usd ? 8.258 x 100 usd = 825million there have a lot of oppurnity in non gaming
Example like integrate 24HOUR gym / video game facility for kids and family
earn member subcription fee / annual pass
drive traffic at same time convert them to gaming revenue

Posted by Junkit Ng > 1 week ago | Report Abuse

U are thinking that NYC is like Genting malaysia where everyone can go there when their mood comes, in reality NYC is worse than KL. NYC is now filled with homelessness, crime and jobless illegal imigrant. Resort world is located at a high end area equivalent to pavillion kl. The casino is mainly for high income ballers and tourist, normal everyday people wont really go there, if they want to gamble they will go to vegas or oversea. Ur plan is basicly throwing away its positioning as a high end establisment and turn it into some low end casino in a motel. In reality they dont cant really do much, if they degrade it their district wont be happy that they lower their standard, their gameplan now is to keep the district happy so they can get approval to build their new resort there after they get the licenses

Posted by KooSan > 1 week ago | Report Abuse

After money laundering issues, everything is now not certain. They may not even stand a chance for NY. Chinaman management what to do...now only repent too late liao

Posted by choysun > 1 week ago | Report Abuse

24.48m now

Posted by AngTayKor > 1 week ago | Report Abuse

Jeepon Clown's rocket launch today went Gostan again 😀😀

Kena stuck at penthouse price everyday JC will keep shouting take off, rocket, fountain, etc hoping price will not drop further. Duno how many naive newbies kena lured in and buried dead near 5.00 zone, thanks to JC + MC + previous empty vessels

Posted by ImCK > 1 week ago | Report Abuse

Junkit look at data always gym https://www.ibisworld.com/us/industry/new-york/gym-health-fitness-clubs/12174/ f&b https://www.statista.com/forecasts/1207208/food-and-beverage-stores-revenue-in-new-york
gross gaming revenue in new york only 4,719.89billion
new york f&b 40billion
new york fitness subcription 3.2 billion market size
north american wellness spa 51.3 billion market size

Posted by Balian de Ibelin > 1 week ago | Report Abuse

4Q24 is a confirmed Gigantic Huge Loss.
This makes it very scary for most people to buy. They dunno hold for how many years

Posted by Balian de Ibelin > 1 week ago | Report Abuse

Genting is radioactive
The share price has a half life.

11+ halved to 5.50
5.50 will be halved to 2.80

Posted by Junkit Ng > 1 week ago | Report Abuse

Bro i would rather u focus on reading numbers 1st over focusing on genting.

4,719. 89 on statista is million not billion so thats a total of 4.719 billion

Total nyc f&b is 54 bil

Total nyc gym and spa is 3.5bil

Then there is NA, why the fk are u focusing on NA. It includes mexico canada greenland bermuda and so on.

Ur numbers are all whack, genting is a casino company hiding under the guist of a hospitality company. They cut their profit from f&b, hospitaly and service so people with disposable income head to the high end casino. But ur idea is to look at all the people there as ur customer eventhough 25% of nyc population is living in poverty 20%-40% of certain district are relying on food stamp. So pls stop with this delusion that u are their CMO, they are in a disparity enviroment with them being in the rich area, the last thing u want months before the license bidding and resort planning is to show signs of weakness by promoting urself to the poor. They spent 13year postioning themself as high end they are not gonna destroy themself for 1 quarter of gain.

https://www.nytimes.com/2024/02/21/nyregion/nyc-poverty.html

https://council.nyc.gov/data/emergency-food-in-nyc/#:~:text=Overall%2C%20as%20of%20April%202024,40%25%20of%20residents%20using%20SNAP.

Posted by Junkit Ng > 1 week ago | Report Abuse

Chill and let things run its course, we cant do anything if their management want to build new resort and spend 1 bil usd for licenese. U teaching them how to create promo here doesnt do anything. We can only sit here and hope they dont fk up too much.

Posted by AngTayKor > 1 week ago | Report Abuse

Die Die must secure the NYC full casino licence la. Already spent billions over the past 13 years on money losing NY casinos to curry favour district policitians + lobbying groups. If didnt secure NYC casino full licence, how to do USA IPO?

Posted by Junkit Ng > 1 week ago | Report Abuse

All i can say is that if LKT get the license, secure venture funding for the new casino then somehow manage to do IPO after that buy out US genting from genting malaysia with IPO fund. Then he might actually be playing 4d chess while we are playing checkers......

Posted by ImCK > 1 week ago | Report Abuse

50% proverty means still got 4million can spend in NYC i dont expect 100% population
if target ( 5% population of 8million citizen ) 400k citizen go spend at RWNYC minimum spending 100 USD also can create
40million USD in month . 12month x 40million = 480MILLION USD per year in non gaming revenue
convert to ringgit is 1.6billion just in NEW YORK
exclude gaming revenue yet and advertising income when traffic is busy

in 2023 GENM reported they only generate 1,875.6 billion revenue
for all properties in U.S Bahamas

Posted by Junkit Ng > 1 week ago | Report Abuse

Bro 50% poverty means shit is so rough half of the city is struggling.

Posted by ImCK > 1 week ago | Report Abuse

so focus in non gaming create add value 1st then only focus on gaming . gaming can get everywhere they can go online they can go other casino .
only non gaming is full of potential growth because u.s have 300milion population target 5% of population spend in RW is enough meat to eat already

300million population x 5 % = 15million
15million x 100 USD = 1.5billion USD
1.5billion USD convert to MYR is very huge profit 6billion MYR
Compare to 2023 U.S Bahamas only generate 1.6billion MYR revenue

Posted by Junkit Ng > 1 week ago | Report Abuse

U still dont understand, i dont blame u cuz u are too immerse into this ticker u are starting to turn into their CMO. Alot of states are now at 20-40% food stamps, to qualify for food stamp u need to work below minimum wage or not work at all. Now put down ur what if calculator and use ur logic for a sec, 40% of certain district can even afford food without the gov help the rest are just barely surviving on their salary after food and rent. Only the top 10% or retiree with alot of money can go to the casino from time to time. Most US citizens dont even have 500$ in the bank 12% have 2000$ in the bank and ur great plan is to say fck the casino lets waste even more money to expand into questionmark ventures (BCG matrix). Chill man let them play it out u dont need to calculate for them u are not the CMO

Posted by ImCK > 1 week ago | Report Abuse

junkit do you see i take 5% population of new york estimate ?
and minimum spend 100 usd take in to calculation ?
100 usd also dont have can leave NYC already 😁
still can survive in new york ?

New York City is currently ranked as the wealthiest city in the world. It holds this position with approximately 349,500 millionaires, 744 centi-millionaires, and 60 billionaires, collectively contributing to a total wealth exceeding USD 3 trillion.

Posted by ImCK > 1 week ago | Report Abuse

Here are the top 10 wealthiest cities in the U.S., based on total wealth:

New York City, NY

Total wealth: Over $3 trillion
349,500 millionaires, 744 centi-millionaires, and 60 billionaires​
AFFAIRSCLOUD
.
San Francisco Bay Area, CA

Total wealth: Approximately $2.9 trillion
Known for its tech-driven economy, with major companies like Apple, Google, and Facebook​
AFFAIRSCLOUD
.
Los Angeles, CA

Total wealth: Over $1 trillion
Home to major industries such as entertainment, media, and technology​
AFFAIRSCLOUD
.
Chicago, IL

Total wealth: Around $750 billion
Known for its diversified economy, including finance, manufacturing, and real estate​
FUNDS SOCIETY
.
Washington, D.C.

Total wealth: Close to $700 billion
Significant due to its role in government and high-paying sectors like contracting​
AFFAIRSCLOUD
.
Houston, TX

Total wealth: Around $540 billion
A major center for energy, particularly oil and gas​
AFFAIRSCLOUD
.
Dallas, TX

Total wealth: Approximately $450 billion
Known for its corporate headquarters, finance, and tech industries​
FUNDS SOCIETY
.
Miami, FL

Total wealth: Over $450 billion
A growing hub for finance, real estate, and a major attraction for wealthy individuals​
AFFAIRSCLOUD
.
Boston, MA

Total wealth: Around $400 billion
A center for education, biotech, and finance​
FUNDS SOCIETY
.
Seattle, WA

Total wealth: Close to $390 billion
A tech powerhouse, home to Microsoft and Amazon

Posted by Junkit Ng > 1 week ago | Report Abuse

Haiya, talking to u is a waste of time. U are not the CMO and u are here counting 100% of nyc population then 50% now 5%. The whole point is they are suffering and no more money to spend on service u count untill warren buffet gv u trophy also bo use.

Posted by Junkit Ng > 1 week ago | Report Abuse

Ur whole calculation is basicly shiok sendiri, its no dif then u calculating the population of kl then say u sell lemonade everyone let u earn rm 1 u become millionaire overnight. Do u see the fualty in this narrative?

Posted by ImCK > 1 week ago | Report Abuse

100% is extreme positive scenario 5% is minimum target if everyone earn 100 usd you can get how much . very obviously to see you re know nothing with business and you dont know how to do market survey keep watching youtube see homeless but ignore data support
who said they re suffering do you know how to see annual report or quater report ?

Posted by MoneyMakers > 1 week ago | Report Abuse

NY richest city in world leh - impossible 50% poverty rate

NY ‘median’ wage half population earn 75K leh (nowhere near poverty level)

Crazy someone can think NY poor city - better “use ur logic for a sec” kikiki

Posted by MoneyMakers > 1 week ago | Report Abuse

NY got huge casino opportunity - thats why all big guns what NY casino license

“use ur logic for a sec” kikiki

Posted by MoneyMakers > 1 week ago | Report Abuse

If soo many NY ppl struggling - then NY wouldnt be Democrat stronghold soo many decades

Sure alrdy change political party if everybody suffer

“use ur logic for a sec” kikiki

Posted by KooSan > 1 week ago | Report Abuse

Yes. NY has a lot of fakng rich people. Thats why its also fakng expensive esp the real estate.

Posted by ImCK > 1 week ago | Report Abuse

non education only said population is syok sendiri because you dont know business dont know economy like china why is largest market in the world because of population la ! why malaysia is very small market because population la 30million only very simple theory
😁 we usually do market survey 1st ) population 2nd) average salary of people 3rd) current market size of that business from there we can see oppurnity la

u calculating the population of kl then say u sell lemonade everyone let u earn rm 1 u become millionaire overnight. Do u see the fualty in this narrative?
REPLY: why cant but make sure you re the lowest lo so everyone come buy with you then you can become millionaire lo .

the problem is how you attract all of them vote for you buy your product service
this is you need to think like MI XUE go see la all go to MI XUE now
go see MI XUE and see tealive now

Posted by ImCK > 1 week ago | Report Abuse

lowest price stragegy is the most effective look at airasia everyone can fly
look at speed99 cheap price grocery look at mrdiy comfirm lowest price 😁
without lowest price do you think they can grab market and growth like rocket ?
now people earn investor money liao IPO in thailand malaysia indonesia

Posted by Junkit Ng > 1 week ago | Report Abuse

Look MM i am just gonna ignore u. I know u got stuck and is pent up with rage but hey man i am betting genting going up just slowly.

CK i dont know if u brought the top and then u are now stuck so u become genting online CMO but sometimes u need to face reality, if their oversea business are doing so good, genting M profits wouldnt be like this. Based on 2024 Q4 9 consecutive report, malaysia hotel/ casino made 5,049 mil US and bahamas made 1518mil myr. 13 years in the US 4 resort with casino and they lose to 1 genting malaysia with casino now they want to build 2 more if that isnt suffering i dont know what is.

My base case is genting will do well in early 2025 when fed drops rate, u can imagine urself as their CMO and count their margin based on the population of NYC but lets just say thats how the people that invested in those boba drink got screwed they used the same maths as u are using

Posted by ImCK > 1 week ago | Report Abuse

with casino integrate so i said RW can throw price in non gaming business lure more traffic to property spend 1st then use casino to chop them kaw kaw
😁 because long que they will go casino play a while waiting for seat

Posted by ImCK > 1 week ago | Report Abuse

CK i dont know if u brought the top and then u are now stuck so u become genting online CMO but sometimes u need to face reality, if their oversea business are doing so good, genting M profits wouldnt be like this. Based on 2024 Q4 9 consecutive report, malaysia hotel/ casino made 5,049 mil US and bahamas made 1518mil myr. 13 years in the US 4 resort with casino and they lose to 1 genting malaysia with casino now they want to build 2 more if that isnt suffering i dont know what is.
REPLY: actually is stragegy problem they didnt really agressively expand thier non gaming part . there have alot of income source can explore you go see thier property didnt even explore advertising income . honestly thier property location is great but management dont know how to optimize earning you can open map and see


My base case is genting will do well in early 2025 when fed drops rate, u can imagine urself as their CMO and count their margin based on the population of NYC but lets just say thats how the people that invested in those boba drink got screwed they used the same maths as u are using
REPLY: why want sell boba drink only why cant we set boba drink 15USD unlimited boba drink for 1 hour with just 20 USD drink margin so high do you think they can drink 1 tank boba in stomarch ? 😁 when they lame they will go casino play try luck
or offer force selling stragegy buy 100 USD chip FREE Unlimited BOBA DRINK whole day

Posted by MoneyMakers > 1 week ago | Report Abuse

Junkit Ur like AngTKlown - when proven BS then claim others stuck high blablabla

How u even know people buy/sell - ridiculous

Learn to use facts instead of BS imagination kikiki

Posted by neohts > 1 week ago | Report Abuse

seller quantity keep changing, so many fake sellers.

Posted by tnang > 1 week ago | Report Abuse

index link fund need to re-position, need time to clear

Posted by Junkit Ng > 1 week ago | Report Abuse

Naw man, its just facts trump won the US election in a landslide due to their people struggling. Then here u are saying they are not struggling cuz nyc not red yet. Hence in my book all ur credibility went out the window alrd.

Posted by ImCK > 1 week ago | Report Abuse

main issue is country security concern will you go support a goverment that support thieve rob you in street if below 1k usd and won’t get charge ?

Posted by AngTayKor > 1 week ago | Report Abuse

Who has been the most bearish fear monger here ah? Wah MM ah, you so bearish on GenB ah?

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
-----------
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
-----------
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
-----------
Ding3 4.01 closing new low unlocked
Will get uglier tomorrow after IB analysis - definitely something fishy
(“Resorts World Bimini’s 2022 financials showed that the company was effectively insolvent - with $191 Mil in assets dwarfed by $885 Mil in liabilities”)
----------
GenM kickout klci yr end - soon not bluechip anymore
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U happy buy 4.0 - big fund happy dump 4.0
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Relax EngineerLoss be happy u collect big fund dump
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Last hr - lets see if big fund big dump like ystrdy
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Walao 1st time closing under 4.0 (3.97)
16Mil volume vs ystrdy 13Mil - big fund big dump in progress
--------
If tomorrow budget got sin tax - downgrade PE 9 become 3.60
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Closing under 4.0 again (3.99) - huge late dump
Tomorrow budget (sin tax) lets see if another big dump
---------
Dont trust GB longterm with such terrible QR
Strong MYR not good for SG/US biz..rate cut savings also wont see in coming Q3 QR

Posted by AngTayKor > 1 week ago | Report Abuse

(On 23/10/2024, 2 days after trader sold at 4.07, MM bought at 4.03)

Posted by MoneyMakers > 1 month ago | Report Abuse
Hope everyone alrdy load up - we’re going up
---------
Nice morning rally - 4.0 super strong support. Lets see how high can close today
--------
Dont soo pessimistic leh - 4.0 alrdy super cheap
----------
Little green day - 4.0 super strong support
Lets see if bigger green tomorrow
************


MM ah you perfect analysis ah? 🤣🤣🤣 Aiya after MM bought liow, will do a major U-turn non-stop bullish cheering hoping to lure in fresh buyers so MM can quickly sell at higher price. Same old evil Roti prata bad karma tactics.

Posted by AngTayKor > 1 week ago | Report Abuse

Posted by MoneyMakers > 37 minutes ago | Report Abuse
Junkit Ur like AngTKlown - when proven BS then claim others stuck high blablabla
How u even know people buy/sell - ridiculous
----------

Aiya see which side MM roti prata flip, then will know MM's trade position. Happened many times liow la.

MM ah, how is your bad karma ride to abyss so far? Vomited how many times liow? Do stay on for the dessert + drinks. Better dont do evil bad karma roti prata tactics la, else more bad karma coming after you. Karma is real.

Posted by MoneyMakers > 1 week ago | Report Abuse

@Junkit Trump win bcoz nationwide struggle (not spec NY) - fella still lose NY by landslide

Naw man u need read better books - ur credibility flush down my toilet alrd kikiki

P/s: AngTKlown I just ignore ur BS imagination kikiki

Posted by AngTayKor > 1 week ago | Report Abuse

Real facts leh. Before MM buy, he will do nonstop fear mongering first hoping to buy cheaper. After MM bought liow, will do mjor U-turn nonstop cheerleading. MM kena bad karma again immediately bought immediately lose. These are already well documented here. Such evil tactics wont work la real stock trading skills not so simple. Evil tactics will only attract bad karma to yourself. Karma is real.

Posted by ImCK > 1 week ago | Report Abuse

Junkit look like not too familiar with economy and business running . its okay forum is for everyone learning . i can told you global money is flowing into U.S now with lowest tax rate 15% + SUPER HIGH TARRIF . You want to earn USD then you only can go U.S do business
if you dont want your competitor will go who go 1st who will take down all the market share 😂 due to this sistuation U.S economy sure will booming because everyone want USD

Posted by ImCK > 1 week ago | Report Abuse

imagine if you dont want USD how you gonna pay USD debt
dont tell me you want EARN RMB then convert to USD double cost in currency exchange
🤣 accept the FACT
U.S will no more outsource to other country
they got lowest price fuel now man power they have AI and robot in future
more people will retire earlier take money from goverment enjoy entertainment so entertainment is essential .

Posted by ImCK > 1 week ago | Report Abuse

genting should offer more non gaming experience focus on yearly subcription basis service
like Costco Wholesale in U.S their main income source is from membership renewal

Posted by ImCK > 1 week ago | Report Abuse

Resorts world NYC , RW Catskill , RWLas vegas
Gym Market Sizr:
72.9 million gym members in the U.S.
With 72.9 million gym members in the U.S. and an average monthly fee of $40 to $50
Annual revenue: $34.99 billion to $43.74 billion


Resorts world NYC , RW Catskill , RWLas vegas
Spa Market Size: The U.S. spa industry generated approximately $20 billion annually as of 2023
Monthly spa memberships typically range from $70 to $200
Annual revenue: 20 billion


Resorts world catskills
Golf Membership Market Size :
The U.S. has about 45 million golfers
typical American golfer at private clubs will spend around $5,000 annually on membership and related costs,
Annual revenue: $225 billion