The outlook for international tourism is expected to remain positive, underpinned by improving demand and enhanced air connectivity. Consequently, the regional gaming market is expected to maintain its recovery momentum
According to accounting principles, dividends are paid out from the company's net income or retained earnings. After a company declares and pays dividends, the remaining amount should be what is left over, which is often reflected as earnings per share or retained earnings.
The 1.45 cents you mentioned would typically be the earnings per share ..after accounting for the dividend payout. In other words, the 1.45 cents should reflect the net income available to shareholders after the dividend has been paid.
Resorts World Hudson Valley (RWHV) is a casino in Newburgh, New York, located inside the Newburgh Mall. It opened on December 28, 2022, with a $50 million investment from Genting Group. The casino features over 1,200 video gaming machines and aims to attract local residents and travellers.
RWHV is expected to boost the local economy by creating about 400 jobs and generating tax revenue. It is part of Genting's plan to expand its presence in the U.S. and complements their other properties like Resorts World New York City and Resorts World Catskills.
The casino covers 90,000 square feet within the Newburgh Mall, which is about 388,000 square feet in total. The space was renovated to create this modern gaming facility.
Dont just compare the pre mco era, spending power have dropped, so visitors have reduced greatly. As long as the Co. makes profit and maintaon its div. to its already good.
Thats correct. Due to covid inflation. GenM revenue is structurally permanent; for the next 5 years at least will be staggering around with low revenue and low profits. Thats why 2.80 throw all is now reasonable. Those days of above 5.00 are structurally and permanently dead and over.
Posted by Shines > 5 minutes ago | Report Abuse
Dont just compare the pre mco era, spending power have dropped, so visitors have reduced greatly. As long as the Co. makes profit and maintaon its div. to its already good.
Better make a Police Report. If Footfall and gaming remains strong in demand but revenue and profits missing. It only means its stolen and theft had occurred. Hope Police can recover the stolen monies before laundering. 😯
Better dun... It might drop further.... If exit from the index constitution.. might drop further.. 99 speedmart going to listing soon... High chance will replace this if the price maintain like this
Price still in doldrum and lower than during pandemic times. However have been consistent in giving 15sen dividends annually. So will keep long term, collect dividends and go play baccarat at GH. Maybe with good luck after ghost month can win some pocket money!
@Michaelchan2024 "The 1.45 cents you mentioned would typically be the earnings per share ..after accounting for the dividend payout. In other words, the 1.45 cents should reflect the net income available to shareholders after the dividend has been paid. "
Are you sure boh? EPS is p&l. Dividend is not a p&l item.
Dividends are reflected in the balance sheet..once a dividend is declared, it appears as a liability in the balance sheet under "Dividends Payable" until it is paid. To see if dividends were paid out, you need to look at the cash flow statement or retained earnings section in the financial reports.
Better sell. After MCO the business still fare very bad. The EMPIRE INC in US is already a bad investment. If not why Mr Lim disposed the shares to Genm? Liabilities are increasing. Cam they still maintain dividend payout?
nta at 2.25, fairy vlaue, with the improving tourists to malaysia, with the earning started improve but th share price going down, genm could be a good price bargain at the moment.
I'm not worry of the election or business on going.. I'm worry they don't push the price up and let 99speedmart overtake this to be index components...
Last weekend just visit Genting Highland, still crowded although not school holiday, sunday still many people Q to check in hotel, so can add more ticket, sure gain
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....
Balian de Ibelin
14,406 posts
Posted by Balian de Ibelin > 2 months ago | Report Abuse
Once you reach Jedi Master level, all will be revealed to you.