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Nick. The moon always talk crabs only. Last time they also said no beer and wear long pant. But until now still can get beer everywhere in langkawi. Lol this is common technique so that they can get exposed in media. Otherwise no one will see their existence. good luck
If moon take down pahang and dare execute it. They will die even faster XD because the casino licence was granted by our bapa merdeka. If they tarik balik licence means they disrespect the late independence father. That's why until now public bank and Hong leong bank still can owned by Chinese family. Good luck.
without the casino biz in Genting, all other biz will close as well. you guys really think the resort can stand alone with its theme park? the theme park is meant to cater to the children while the adults go into the casino. the theme park itself isn't generating enough revenue to sustain the biz.
Know what you own and why you own it as the saying goes. This is a sin stock and it's an open secret that it's sensitive to taxes and regulations. Political rhetorics by political parties; that's what they are best at and can be dramatic. After all, who doesn't like dramas? :)
yes I've been promoting smetric since 0.11 till date . and I'm proud of it's stock's performance . beating intrinsic values. won't waste time arguing with you, have a good holiday !
Budget around the corner, Nick. Not expecting further hikes on the duties or sales tax. time to say goodbye in the event of higher casino and gaming machine duties.
Darkest before dawn, Alphard. Net short positions doubled over the last several months. Funds/insti are probably protecting their long term interest by increasing their short positions in the near term; budget 2025, FTSE KLCI component review in Nov/Dec, US presidential election, and RWNYC casino bidding which is expected by next year.
ooh ok. the unsecured notes. Its normal to have gaming companies to issue such notes. I think what is important is the ratings of these notes. The announcement on the 17th showing that Fitch ratings is at BBB- which is ok. A BBB (+/-) rating means low expectation of default, good credit quality, adequate capacity for payment of financial commitments, adverse business or economic conditions are more likely to impair this capacity.
I saw the latest Fitch Ratings for Malaysia as a country itself and its a BBB+. GenM's unsecured notes rated by Fitch Ratings at BBB-. Personally, I dont have much concern comparing the country's ratings versus GenM's ratings.