Michael_chan2022https://focusgn.com/resorts-world-las-vegas-posts-record-revenue-in-q3 Resorts World Las Vegas posts record revenue in Q3
Resorts World Las Vegas (RWLV) has announced its financial results for the three months ended September 30. The company registered $230m revenue, up by 11.7 per cent quarter-to-quarter. EBITDA was $52m, up 52.9 per cent.
dragon328Resorts World Las Vegas achieved EBITDA of USD195 million in 2023, if revenue grows by 20% in 2024, then it may well achieve EBITDA of USD350 million in 2024.
But it is still not quite enough to turn in a profit as depreciation charge of USD200m and interest expense of USD230m will drag it into a small pretax loss in 2024.
I estimate that it may turn in a profit in 2025 if revenue continues to grow at 10-20% in 2025.
Michael_chan2022Malaysia braces itself for the worst as heatwave expected to run until mid-April https://www.straitstimes.com/asia/se-asia/malaysia-braces-for-worst-as-heatwave-to-run-through-mid-april
Genting Highlands offer.. cooler weather, making it an ideal destination to escape the heat and enjoy a relaxing holiday. Lai...lai buy GenB!
HavefunChinese tourist ban from gambling will impact casinos big time
27/03/2024 9:26 AM
Michael_chan2022Malaysia braces itself for the worst as heatwave expected to run until mid-April https://www.straitstimes.com/asia/se-asia/malaysia-braces-for-worst-as-heatwave-to-run-through-mid-april
Genting Highlands offer.. cooler weather, making it an ideal destination to escape the heat and enjoy a relaxing holiday.
Lai lai ..Genting welcome all
27/03/2024 9:26 AM
Michael_chan2022https://www.thestar.com.my/aseanplus/aseanplus-news/2024/03/24/tourism-board-reassures-china-embassy-amid-gambling-worries Tourism board reassures China embassy amid gambling worries
27/03/2024 9:28 AM
Ytl2023Hopeless share. Those bought 5.10 high pity
SaveExpect almost at bottom if <4.70. Prepare your bullets to add for May 1stQ results release. Genting short term share price movement is very difficult to predict, only long term can. Continue to monitor US small bank debt and exposure to commercial property issues
Druckenmiller almost always thinks long term and that’s the open secret behind his success. Earlier this year, in an interview with How Leaders Lead with David Novak, Druckenmiller advised investors never to invest in the present and instead keep the next 18-24 months in mind and try to imagine how the world would be in the future.
Druckenmiller Avoids "Lazy Longs"
Druckenmiller isn’t a huge fan of portfolio diversification. He said during the interview that if you really believe in a company, you’d take “massive” positions in it instead of putting your money in hundreds of companies. He said legendary investors like Warren Buffett, Carl Icahn and George Soros invest in a handful of companies they really like and believe in. Druckenmiller said instead of having “lazy longs” in your portfolio, if you put your money in just a few companies, you won’t get careless in the investing game.
27/03/2024 1:43 PM
SeriousDonald Trump has today made $5 billion in just minutes after his company Trump Media and Technology went public this morning and the share price leapt 50%. Why not Genting?
AngTayKor@Choysun, 4.70 zone may have a minor rebound.
27/03/2024 8:22 PM
Michael_chan2022@AngTayKor, may I know what is the message you are hinting at? Are you suggesting that TauRx has ...good news coming soon? Also, could you share your confidence level regarding TauRx's chances of getting FDA approval?
Druckenmiller almost always thinks long term and that’s the open secret behind his success. Earlier this year, in an interview with How Leaders Lead with David Novak, Druckenmiller advised investors never to invest in the present and instead keep the next 18-24 months in mind and try to imagine how the world would be in the future.
Druckenmiller Avoids "Lazy Longs"
Druckenmiller isn’t a huge fan of portfolio diversification. He said during the interview that if you really believe in a company, you’d take “massive” positions in it instead of putting your money in hundreds of companies. He said legendary investors like Warren Buffett, Carl Icahn and George Soros invest in a handful of companies they really like and believe in. Druckenmiller said instead of having “lazy longs” in your portfolio, if you put your money in just a few companies, you won’t get careless in the investing game.
27/03/2024 8:50 PM
Michael_chan2022Your response will be greatly appreciated by all the investors in this forum.. Thank you in advance
27/03/2024 8:58 PM
AngTayKor@Michael, Im just sharing an article abt hedge fund legend Stanley Druckenmiller, no special meaning. Please refer to my old post over 2 months ago on MHRA and the corrupted FDA.
--------------------- Posted by AngTayKor > 2 months ago | Report Abuse
Posted by Kikilala3188 > | Report Abuse Taurx when will it be announcing? Especially U.K. FDA approval --------
ATK: UK MHRA's final decision on CA is unlikely to be within 2024. We still have to file in more submissions which will take abt 5 to 6 months to complete it, followed by another 6 to 9 months for the regulator's final decision.
FDA delayed our Type C meeting request (supposed to be end Jan, before Taurx AGM on 6 Feb @6pm). We are not even sure if FDA will agree to consider HMTM using the Accelerated Approval pathway. If yes, I think FDA's final decision for AA will probably be at least 1.5yrs away.
Genting Singapore may bid for Thailand casino — Maybank IB KUALA LUMPUR (Jan 7): Genting Singapore may bid for a casino and integrated resort licence in Thailand, should the Thai government open up the industry, according to Maybank Investment Bank Research (Maybank IB).
Citing the research house, industry magazine Inside Asian Gaming (IAG) said the company would look to form a joint venture for a Thai IR licence, based on its previous exploits in Korea and Japan.
Michael_chan2022Thailand became the first country in Asia to - decriminalise cannabis and - is set to become the first in Southeast Asia to legalise same sxxsss marriages - now, it is taking the first step to legalise casinos
29/03/2024 2:19 PM
Michael_chan2022Running out of ideas to boost the economy.. what's next?
Thailand presses case for casinos to boost revenues, tourism and jobs
"We have to admit that there is illegal gambling in the country, we are trying to get rid of (it) but it cannot be wiped out, so we have to rethink and see that it is time for this," Deputy Finance Minister Julapun Amornvivat told reporters, adding Singapore would be a model to emulate.
29/03/2024 4:31 PM
keyman@Sifu ATK Thanks.... I just concern about Taurx. The rest I dunt care much... Useless... 🤭
29/03/2024 4:35 PM
Riaz1954Some people here are promoting money versus standing for moral values. Of course you can be prostitutes desperate for money with no self respect. That’s why only certain section of the community stands by Palestine. I rather be principled person than beg for money and kiss ass!
29/03/2024 4:41 PM
Riaz1954Thailand very popular for Europeans and we know why. You see them walking around with young boys and girls….do you really want such a society …..god less and totally immoral …! You have a choice. I rather build a society with good values and respect for all …I rather work on that.
29/03/2024 4:45 PM
Riaz1954Back to Taurx….from my sources …TauRX is definitely coming sooner than acclaimed…what immediate immediate it has on Genting share price and allowed by its manipulating major shareholder I am not and 100 % sure. To me the quickest result for general body of shareholders would be acquisition of TauRX by a big Pharma rather than listing etc ….which again be manipulated. This way the value will flow immediately.