One month will be considered really fast. I have no idea how long it will take. Basically, GAI has submitted motion to dismiss the claim and its more than 30 pages :) The outcome that I am hoping is GAI to exit Bimini business after this. After all, the rumour of Genting wanted to sell the Bimini resort should be true and could have triggered the whole thing :)

Genting's leisure and hospitality segment major contributors are - GenS, GenM (Malaysia) and US (RWLVS) followed by UK + GenM (US - NYC, Hudson Valley, Catskills, Bahamas). GenS's growth is on-going with RWS2.0. RWNYC full casino license is key for Genting's growth. Both of these shall the be key driver for Genting in the future.

I will add but not now, Whack9e. I would like to see a min 250M net profit results at the back of 700M ebitda for Q3. My personal expectation is 250M each quarter to justify a valuation of 3.00 for GenM; without RWNYC full casino license.

It has been hammered in the past by forex losses and its GenM's turn to steal the limelight, jian wei. Lol, no pun intended. my personal expectation is just 700M ebitda and min 250M net profit and it delivered 1.05bil ebitda 569M net profit. Leisure and hospitality segment itself delivered 721M ebitda. No risk to dividend payout as usual :) The only thing that I could not figure out is the 200M ppe write-offs whether it is related to the two gaming facilities that were closed for renovations. ebitda would have hit 1.2bil without the write-off. It will be the same similar expectation going into Q4 even though its holiday season; leisure and hospitality segment should be trending to mid 700M to high 700M ebitda. The growth opportunity for GenM is RWNYC full casino license and it will be seasonal until then - festive/holiday seasons driving higher footfalls from domestic tourists and international tourists. There are some plus and minus from revenue for different segments; within single digit comparing to Q2; flattish if you will. just my opinions, could be wrong. hope it helps

provided it did not gap up, jian wei :) my situation may not be the same as yours - avg price, rate of returns, risk tolerance, tp target, 15 cents yearly dividend, investment timeframe and etc. Putting all these aside; though I am at running loss below 2.24, it is still considered favorable for me to add below 2.18 and 2.00 based on underlying assumptions that I have baked into my own calculations. I will exit if (1) min 15 cents yearly dividend is at risk from the earnings report (2) unsuccessful bidding of RWNYC full casino license. These are just my own plans tailor made to my own assumptions back in 2nd half of 2023 when I first bought GenM at 2.45.

It would be interesting to see what happens when market opens haha, I bought some at 2.12 during market closed yesterday as I knew the forex gain will be massive ..but anyway, I agree that as long as GENM can maintain dividend payout of 15sen, it would be very worthwhile to buy genm as long as it is below 2.2

开盘2.16而已

genm没有买气

genting开盘才3.77

够力了双 GG COM住总统套房子我

也好不用涨那么快给我点时间存钱买点genm下个月我要买点拉低成本