during covid time, the price went up to almost rm2. if you bought in at that price, you would have lost 95% of your investment.

14 quarters of continuous losses all thanks to US investment and also personal divorce case. both ex husband n ex wife are no longer in running the biz but trying to bring down each other. best if Stanley Thai resign from his position and focus on his divorce case and let the professionals to manage.

pending the settlement of the debts of UIMB. next catalyst would be Melaka election which could happen anytime after the Johor and N9 election. if BN wins big, for sure Melaka UMNO would have the confidence to dissolve their state assembly and call for election.

it could remain as value in the books. not that the shareholders would be rewarded via the US listing with special dividends. Probably the capital raise with US IPO could be used to par down some debts and also reinvested in more US assets or business especially for the development of NY casino. in the mid to long run, it still remains with how the market value GenT. book value such as NTA just remain as accounting number. just see the NTA now and how the market value it with huge discount

not necessary cash. they could propose land swap.

already out. agreed in principles but no solid offer yet. can still pull back and said No later.

let's see if this week could break below 2.20 and trigger margin sale. the lim family would lose control of genting if margin sales.

10 more days for settlement with Universiti Islam Melaka or back to court case..Melaka gonna has election this year, court case would be bad for the UMNO gov in Melaka. can't even provide and manage student accommodations to students. what a negative publicity for the opposition to drum up.

haha. market doesn't trust what the Gent boss said. no effect on share price when launching such a big and huge project in Johor. take it with a pinch of salt knowing how the boss has tricked the shareholders all these years

need to borrow lot of money to develop such mega project. already spending a lot for NY casino, RWS 2.0. nt forgetting many assets are being locked down and not selling.