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If just wanna share price up is not hard. Like Mah Sing announced will diversify to do glove and healthcare will do. Will be successful or profitable don't know but people will chase 1st.
Ya. If Genting next week announce will involve in the glove business, above RM5 is just a small matter. By the way, who know Genting management ? please propose to them why don't stop build the new hotel in USA but go to open a new company to make glove in Malaysia and it won't cost 1.7 billion.
next quarter report is very important. It will show how good the management during this pendemic. Else it will impact financial of the company in these unpredictable pendemic.
Next qe.. Catskill and rwny still haven't open on that time.. Will drag genm for sure.. And genm and gens just open only..on June.. Don't expected many ppl..
Catskill, RWNY, RWLV and Theme Park are not main contributors yet. It is additional catalyst if open next year. Based on 2019 annual report GenS and GenM both contribute 46% and 45% earning before tax respectively to Genting. So Malaysia and Singapore market are our main monitoring for now on coming reporting quarters.
Although not contribute yet.. But It's still will effect Genm QE.. from RWNY and empire resort.. Genm Is the heaviest taxed casino in Asia.. and political uncertain too.. LKT Is more focus on other resorts world than genm.. Keep using genm fund to settled down the others debt.. I believe alot investor unhappy with that.. Both genm and gent prices drop 50%+ since last two years and may remove klci index soon.. Lets see what LKT will do next..
weakest index stock performed In the year..
