fuhh... boss is worried of rowdy AGM and hence decided to give 5 cents dividend for Gent and 7 cents dividend for GenM? Overall leisure and hospitality segment for Gent group showing softer revenue for q4 comparing to q3 except RWLV which is higher than q3. UK assets is a surprise comparing to q3fy25 and ebitda margins is better than the US segment; >20% impressive if you will. RWLV ebitda margins inching up comparing to q3fy25 but not significant enough still below 10%. Catskills, Hudson Valley, Bahamas and NYC same2 below 20% still. Its still the US assets dragging.

cheng, now you know what I have been saying that the boss could use creative accounting and impairment to deliver poor results. The question now is why he insisted in doing so for the past few years. what is he aiming for?

Total borrowings will continue to spike up. When company goes on debt binge, ratings will drop and financing will get even more expensive. Returns vs risks have to be lucrative to justify huge overseas investments. GenS huge CAPEX due to licensing extension conditions although adequately financed by ROI over the years.

I have no idea what he is aiming for but here's my perspectives which could be wrong based on the numbers, Eddy. The boss is telling the funds/insti that he is managing the situation and within control. Lol, no pun intended. Here's the logic - GenM nosh is at 5938.04 mil and 7 cents dividend translates to 415M payout. But Gent owns 73.13% which means 304M goes to Gent and 111M goes to minority shareholders. Gent nosh is at 3876.90 mil and 5 cents dividend translates to 194M. Gent is receiving 304M but paying out 194M and keeping 110M. (1) 1st message is probably to tell the funds/insti that he is strengthening Gent's balance sheet. Now, its an open secret that Gent's capex requirements for the next few years will be high and RWNYC table games is targeted to go live sometime mid of this year. There is the situation of the timing of capex needs (outflow) versus prospects of recovery from RWS / RWLV / contribution from RWNYC table games (inflow). (2) 2nd message boss is probably hinting to funds/insti - Stay with Gent and I am retaining the cash within Gent and managing the cash flow of the group. Boss is paying out modest div but conservative to maintain investors confidence given the capex needs timing; manageable if you will.

Current share price is already lower than during financial crisis period of 2008. With so much hatred for the stock, it will be price accordingly over time. Will it head towards the share price during financial crisis period of 1998, if aggressive US investments go awry :-|

yesterday u missing mana? where s your profit n rm3? still dare to bark here. keep some face and admit your wrong. it s ok not to be correct all d time and don't bark around telling me skl. set a better role model to your next generation..l

u should ask why no profit? why no 3.3? not why no 2.60. If you wanna know why, pay some consultancy fees. don't skl skl here like a mad person. wanna skl, go up genting and bet all on the casino table and shout all the picture picture skl as u want. I wish u ham ka fu guai in Genting

enlighten me on your findings in the report since u already analyze it and understand it why no profit and why no forex gain as what you have been hopeful for. don't just skl skl all d time. I gave u my opinions on why won't have good results and it appears to be true but u just gave me skl. nothing else

Is it confirmed? If the previous announcement which is selling of the non-gaming assets to Sullivan County and how Empire plans to use the proceeds remain the same, then, it is definitely a GOOD news, Vin. Here's the logic - Empire has a 300mil bond expiring end of 2026. The proceed from the sale (~525mil) can then redeem the bond. And the previous announcement mentioned that Empire will buy the land outright from EPR properties and becomes the land owner for 200mil. Balance proceed will be around 25mil. These transactions strengthen Empire's balance sheet; reduce debt, lower interest and get to own the land.

EPS has been skewed to the positive by the ‘asset-light’ sale-and-leaseback of Empire Resorts’ non-gaming properties, while being negatively impacted by license costs.

So perhaps shareholders shouldn’t read too much into the Q4 EPS,  or at least be aware of the noise. GENM sold a golf course and hotels for $525 million (RM2.2 billion).

thats the difficult part with Gent's corporate structure, Vin. hundreds if not thousands of companies :) Not easy to see what's going in Empire. The link seems to be the only source talking about it. Gent owns 73.13% of GenM and that means a higher profit/loss attributable to owners; flowing into Gent if you will.

well if you refuse to see the truth and facts, there s no point for me to share. if you can hold to your genting until end 2026, then it would be good..if you play by margin, the next 2-3 months gonna be roller coaster for your holding.

GenS contributions in Q1 will be much lower solely based on the SGD to RM FX rate. In addition, they reported poor 2H of 2025 results as compared with MBS record Q4 2025 results. Q1 2026 results will be the factual forward guidance. It is already approaching 2003 share price Low :-|

Physical observations will be a good guide, which I am very sure Research Analysts would have done so prior to writing their TP reports. Perhaps, should pay a visit to Singapore (GenS & MBS) after CNY overseas holidays as Post CNY crowd (March) will be an excellent guide for Q1 results.

Agree. US & Europe are potential black holes. If difficult to compete with MBS in Singapore, why take the risks to compete with the other big gaming companies in the USA :-| Also, ROI is low in relation to the total financing costs & risks.

sooner or later it would eat into the boss own pocket if he has pledged his shares to the banks as collateral. there must be a max bottom price that he would allow b4 taking action to stabilize and to support the price.

coupled with the risk off mode from US Iran war. Last year US Iran war lasted for 2 weeks but market was down for the first week. This year's US Iran theme seems bigger or at least Trump wanted to portray it as such :) Trump said attacks on Iran will last 4 to 5 weeks and lets see how fast it will de-escalate and back to nego table.

not a good idea to buy low if you are on the fundamentals side of it, mrs xlg. heavy capex needs and a burden to its cash flow including financing aspect of it; the interest if you will. I have seen some comments on high TP for Gent and its just not possible given the capex needs until 2030. Risk management is needed to thread the water here and the time for gung-ho will come when it is swimming forward with the cash flow.

should be near to margin call price soon. the boss has sold its empire biz to GenM and should have tons of cash to do share buyback already. Genting itself had tight financial due to its recent failed GenM takeover.

believe me when I said that Kien Huat has rm1.2 billion war chest that it accumulated from GenM since 2019. this is purely just from the sales of Empire. yet to factor its dividends. in addition, Kien Huat is now owning around 44.7% of Genting. it can easily pump up its holding to 55%-60% at such low valuation now. just wait before the triggered price of margin call soon

the margin call should be around 2.60 and below. forces sale based on calculated price in early March 2020 is around 2.10-2.30. it would be exciting to see what would happen between 2.30-2.60. would the boss let it to fall further nearing 2.30 or he would take action before that.

past and present financing, future "dot dot dot". will it be future liabilities or future growth? safer to assume future liabilities for now. The luxury all suite hotel aka The Laurus will be tested on whether it can bring back the VIPs in the next 2 to 3 qtrs. RWLV "blip" entering 2nd year and the new board has been put in placed. Will be bad if ebitda margin fails to rise to 20% in fy2026. Sullivan county purchase of non-gaming assets seems to be quiet.