More worried about the tax hike In 2019. Genting casino licence fee was increased to 150 million per annum from 30 million. Machine dealer licence increased to $50,000 from $10,000.casino duties on gross gaming income increases to 35% from 25. Would the PH government hike up the rate again ?
Assuming you get dividend $60 per year from Genting. For the next 2 years . Whereas the price has slipped from 2.36 to 2.20 = -160 { which is already more than 60x2 = 120 dividend.
ImCK people do casino genting do casino why gross profit only 26.2% compare to sands gross profit 40% above wynn gross profit 67.3% mgm gross profit 40.5% Caesars gross profit 50% 20/09/2024 10:00 PM
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Can anyone ask this in the AGM? The skeletons dugged out by ImCK Now news out about Genm being sued Kaw kaw by Genm Bahamas partner,USD 600 million saman Genm. I also think Bahamas Genm partner said Genm FRAUD is quite true because..。think about this for a moment → genting do casino why gross profit only 26.2%
Think about this for a moment: Do u think you can fraud your partner (= wife) or your partner(= husband)??? Do u think Bahama s(Genm partner) cannot detect Genting doing FRAUD?
Income should ask them what is thier KIP do you know genting malaysia most of the management team have accountant background Dato’ Sri Lee Choong Yan executive director (e holds a Bachelor of Science (Honours) degree in Business Economics and Accounting from the University of Southampton, England and is a Fellow of the Institute of Chartered Accountants in England and Wales. ) how come gross margin is worst than peer
so many accountant inside board no one realise ? sleeping ? all money dump to where we take back before outdoor theme park close and compare to after outdoor theme park open the result seem not much different and traffic worst than old theme park 5billion GITP project build for nothing .
noob shit director dont know generate income from advertising every year so many traffic arrives to property those traffic is gold can use for big data partner with merchant do cross-selling and generate money from advertising business
do something got meaning done keep play cartoon in sky avenue help advertiser create content play cartoon like pavillion mall 3D LED SCREEN
aiyah lawsuits common for big corps lah. It'll drag in court or small settlement. Not so easy to sue and win, especially against a big boy like Genting! Back to 2.80 shortly!
Knowing the Americans, they are REAL opportunist, they are usually successful against Asians companies. It might take sometime, but they usually wins . Americans don’t simply complaint as libel if counter suit.
Only newbie still think genting brothers are good investment , old bird all wake up n realised they are eating old rice by paying higher DPS than eps , old bird like me all ru away since 2020 !
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....
BlackQ
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Posted by BlackQ > 1 month ago | Report Abuse
Is it a good time to collect?