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Most important are improving operations, if it willing to diversify the Miami, Bimini and Egypt operations could conservative cash out easily US1.5 billion which could substantially impose cash flow either reduce debt or standby casho bid for New York licence while focusing to expand revenue and profit contribution from natural gas and power operations. Combined and listing Las Vegas and New York if successful bidding and Alzheimer's drug if successful will be bonus.
Just an assumption only Yang Yang, if based on past recession 2001 Dot Com crash, 2008, 2016, 2020 and 2022.. S&P500 down from high between average 30% to more than 50% (2008).. we take average 35% is near 4,000
KLCI near 1,400 supports.. if break below is good play for bargain hunting and technical rebound.. be patient will get good bargain guys. Good luck but I will choose to buy US and HK which are world No.1 and No.2 economy even for next decade to come.
Hopefully the new native CEO and COO of Las Vegas able to improve operations and GenM get New York casino license and better off sell Miami land and Empire then I believe Genting and GenM will reflect fair value.. Egypt operations indeed also not really give much future value especially so near Israel and Palestian..
