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Suppose Empire Resorts 51% shall worth around US140 mil.. if it is sell at discount to GenM at US41 mil may be good while allow 100% control but due to Empire Resorts still loss making means GenM may shoulder more losses. Need see how market react on Monday
GenM catalysts sell of Miami assets may realise over US1 billion profit and New York gaming license. Others only can see Resorts World Genting profit to offset any losses from Empire while if successful bid for the New Yotk license could be turnaround for GenM. Genting catalyst may be stablise Resorts World Las Vegas revenue and profit contribution, power and gas segment from year 2028 and if successful Alzelheimers medicine. Resorts World Singapore to generate consistent profit for Genting.
云顶大马 important is empire..................sad case.......if 债务增加 have nice business or nice asset is nothing,but genm..............sad case one more time.
Mr Kwong Mingkwei if example insas,if sub company cannt give nice dividend,main holding can see asset only,no use,important is this company big shareholding cannt give small holder nice retrurn de,can say they play himself only.example have many land,but slow run planing and not sell,also can say no use.this kind asset,big shareholder and upside management have use only.
soxai thai and his doing problem only.say trust this kind develop business cannt say good,but not very bad,have % can running de.this price sure very nice,but soxai thai didint known what planning more again,all scare,important is all world scare this soxai thai..........sad case