mixed results with the biggest disappointment coming from not issuing interim dividend as capex spent ate up all the cash generated from ops. the slight bright side - RWLV ebitda margins clawed up higher matching q3fy24 performance though it is just one third of where it should be and MY segment recovered from the shock in Q1 which is not a structural decline for now.

Hello Vin, just my personal opinions, could be wrong - good start as in not a structural decline for MY asset which is a relief and RWLV did not worsen any further despite low footfall traffic to Las Vegas; what doesnt kill you makes you stronger as the saying goes. IBs / fund managers may make some adjustments to their plans with regards to its intrinsic value given the reduction in its dividend but not expecting much downside given that its driven by capex rather than hoarding cash. Better days ahead - year end holiday season, Visit Malaysia 2026, The Laurus opening in Oct, and Nevada ggr in June showing positive sign with better ggr and F1 in Nov.

ok thx for the great explanation!
The main focus still the GENS...
Recently Oceanarium and Weave mall quite crowded...help to boost universal studios as well...
laurus look great but the price quite expensive for mid range people...
Minimum stay for 1 night at least $1350 sgd