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first drop of LNG targeted by second half of this year, Vin. And, more capex needed along the way for O&G segment. LKT needs to sort out the mess with regards to the US assets asap - high investment low returns; less than 20% ebitda margins is horrible
You can use the following link to get a feel on the overall situation at Las Vegas Strip area where RWLV is located. Retrieve Dec ggr report and go to page 12 and look at the 3 months and 12 months yoy pc change. Its flattish and not worsening. Retrieve the Sep ggr report if you are comparing q4 and q3. https://www.gaming.nv.gov/about-us/gaming-revenue-information-gri/
I'm not that optimistic that the genting boss would let the share price to appreciate for now until the end of Q2 when he could propose the take over again for GenM.
we will know the shareholdings of GenM when the annual report is released. Most funds/institutions would have exited GenM given Gent's 73+ pc shareholdings.
Not much news or updates on the Sullivan County purchase of non-gaming assets of Resorts World Catskills. This purchase has to go through in order for Empire Resorts to redeem the 300mil bond due end of this year.
