Good QR with suprise dividend 1.5c given coming December. Genting SP gonna boost to 0.800 and above level soon. Between, unexpected result will be positive.
Share ur thoughts. I think the 1.5c div is not only a surprise, it signals GS' confidence on its financial position (n growth too, or at least stability, I' d think) going forward. I recall that shareholders were up in arms against management a few yrs ago regarding the meagre 1c div n the management just (undemocratically) shut them down. Well, the fact that GS now ' automatic' up div is to me quite telling. Think the outlook wld gradually turn positive again (perhaps sooner rather than later?).
But lets not detract from the great and surprising set of Q3 GENS results, and the startling interim dividend of 1.5cts.
But lets not detract from the great and surprising set of Q3 GENS results, and the startling interim dividend of 1.5cts.
Frankly, I always try to take the other side of the bet, from these research reports. I don' t really trust young canon-fodder analysts, who are fresh out of school and haven' t lived through nor worth a tiny minute fraction of the seasoned investors who have lived through the REAL crises like the 80s, 90s, SARS and GFC.. This Trump vs Hillary is just politicking and a side-show, and whoever wins will likely settle back to the norm of the vested powermonger interests.
This was partly why I called a bluff on the damned research below. A lot of us had posted before that GS was gonna do better after 2Q16, after the coy tapered off its writing down of bad debts. Also, in recent months, we had also been posting abt the upward trend in casino stocks on HKSE in response to the turning ard of Macau, signalling also that GS' RWS wld likely follow suit too. Sure, we are not disappointed. Nevertheless, no hesitation to dump all the questionable researches.
I would dearly love to take a bite more at 66-68cts. So please carry on yah -
This was partly why I called a bluff on the damned research below. A lot of us had posted before that GS was gonna do better after 2Q16, after the coy tapered off its writing down of bad debts. Also, in recent months, we had also been posting abt the upward trend in casino stocks on HKSE in response to the turning ard of Macau, signalling also that GS' RWS wld likely follow suit too. Sure, we are not disappointed. Nevertheless, no hesitation to dump all the questionable researches.
I would dearly love to take a bite more at 66-68cts. So please carry on yah -)
I believe they will then downgrade the global gaming sector as a whole? Cos if VIP participation being on the wane is a global trend, it' d not only impact GS, but others such as Las V S too. Good one .... just trying to talk down GS as far as I' m concerned cos I believe GS as a business is responding (as all businesses respond to negative conditions) appropriately n re-weighing its bets on the VIP sector n diverting resources to growth areas.
In the run up to the opening of RW Jeju, and the hype of China tourists loving South Korea, think there is a reasonably good chance of that happening. DYODD. Lets just enjoy this unexpected 1.5cts interim dividend as some Christmas shopping money. But, if you look deeper into the financials, the overall fiinancial position does seem to be improving.
this is my biggest portfolio...bot at usd 0.13 (when it was Genting International) donkey years ago and continue to buy even at $2. look forward to see it goes beyond $1 again, hopefully in 2017 🙂
This 3q lot of black horses those supposed to performed well so so only but those expected to die bounced back lol.
this is my biggest portfolio...bot at usd 0.13 (when it was Genting International) donkey years ago and continue to buy even at $2. look forward to see it goes beyond $1 again, hopefully in 2017 🙂
May also signal a change in dividend payment policy? ie with additional interim dividends? Hope this 1.5cts interim dividend isn' t a typo - LOL.
This is shockingly and unexpectedly good. Interim Q3 dividend - shiok. Finally, I think the turnaround may be in sight. This may also be setting the stage for enhanced contributions once RW Jeju comes into being.
1.5 cents dividend
This is shockingly and unexpectedly good. Interim Q3 dividend - shiok. Finally, I think the turnaround may be in sight. This may also be setting the stage for enhanced contributions once RW Jeju comes into being.
1.5 cents dividend
1.5 cents dividend
3q 100% increase in net profit stronger revenue up 20%. Guess tourist related counters better bet as recently changi airport passengers growth also very good.
Genting result out on 3rd Nov...might start to move soon
do you know who are making the moves ?
not only regional...
even US groups are making the moves already
Japan may have good news
the Approval of IRs
i already see some regional guys making their moves
Japan may have good news
the Approval of IRs
i already see some regional guys making their moves
