Visitations will be lower once monthly BUDI95 fuel subsidies quota reduced locally and air fares prices high. Current situation might be worse than COVID if countries have to start to ration petrol purchases. As the share price keeps dropping lower and lower, stay on the sideline and sleep well. Enjoy the coffee.

the only prospect left for speculation will be Gent's 20% stakes in Taurx; estimated at USD$125 per share and that 20% is worth approx USD$800mil vs the cost of investment approx USD$120mil. This is excluding the scenario of securing the maa from UK MHRA and whether hmtm will be produced by Taurx itself or the hmtm rights to be sold off to the big pharma.

I have seen through a few recessions and financial crisis but too young to understand the 1970’s energy crisis as not technically well versed in financial, economics and stockbroking industries then. Energy crisis is an entirely different situation as the adverse impact can hit across all industries and financial markets severely.

if you really think about it, the world has been in uncertainty all this while especially when Trump became 1st term POTUS and the trade war, then COVID, Ukraine-Russia war, Israel-Gaza war, Trump 2nd term and back to Tarrifs war again, and now US-Israel-Iran war. uncertainties have been around for at least the past 10 years.

spot on, eddy. yes it is, jackie. there are a lot of news and uncertainties. We have seen oil stocks spiked up and airlines stock spiked down pricing in the us iran war and uncertainties. These are the primary sectors with direct impact from the conflict and what follows suit will be news of inflationary pressure due to high oil price. The longer it stays at 100 and above, the higher the risk of inflation. Hence, retail investors can always look ahead into defensive sector during inflationary period instead of jumping into oil stocks which seems to be overvalued at this moment; priced in and raises question whether the earnings in coming quarters will be able to justify the valuation.

in case you are wondering how did I get the USD$125 per share for Taurx, Eddy. It is based on the last actual transacted price back in end of 2024 :) TORONTO, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Dundee Corporation (TSX: DC.A) (the “Company” or “Dundee”) announced today that it has sold to a private investor 8,000 of the 1,015,008 shares it holds in TauRX Pharmaceuticals Ltd. (“TauRx”) at a price of US$125 per share for proceeds to the Company of US$1,000,000. The transaction remains subject to TauRx board approval. Following the completion of the transaction Dundee will continue to hold 1,007,008 TauRx shares.

its also an opportunity to invest in good stocks in US, jackie. The overdue correction for US stocks is taking place now and looking good. And what started as US Fed rate cuts last year and going into this year is now showing approx 40% chance of a rate increase in Oct'26. From initial rate cuts in 2026 to rate increase :)

the first bond to be redeemed is usd300 mil from Empire Resorts Inc; due by Nov 2026. The sale of catskills non-gaming assets to Sullivan County is supposed to fund the redemption without the need of capital from GenM and whether Genting Berhad as the parent company will step in? No news on the sale from Sullivan County so far; ghosted.

Not sure who was leading the RWNYC bid but that team should be fired. 56% tax on slots revenue and 30% on table games while the other two license winner are paying 25 to 30% tax on slots revenue and 10% tax on table games. RWNYC paying 600mil license fee instead of 500mil license fee.

Probably eyeing the non-gaming segment since its in New York at the expense of gaming segment? - An updated economic analysis shows Resorts World New York City will create more than 100,000 construction, permanent, indirect and induced jobs, as it realizes the proposed 5.6-million-square-foot integrated resort – the largest in the United States. The historic development will include a spacious 500,000-square-foot casino hosting 10,800 gaming positions, a 7,000-seat entertainment venue, 30 new dining options, day clubs and spas, and more than 12 acres of greenspace, as well as $2 billion in community investments. https://rwnewyork.com/news/resorts-world-new-york-city-submits-supplemental-7-5b-proposal-including-2b-in-community-benefits-for-full-commercial-gaming-license-to-create-largest-integrated-resort-in-the-u-s/

yeah. Bit by bit and unknowingly. Gent increased GenM's stakes at 2.35 previously and market price is now 1.80; ~25% discount. Or rather Gent overpaid for the acquisition by 25%. Lol, no pun intended. Both GenM and Gent has dropped by 25% to 30% since Dec'25. No idea whether the market is punishing its capital misallocations or pricing in - high reinvestment low returns. May stay sideways for sometime until proven otherwise.

still back to you original question, who was dumping and who was buying. why sudden correction from rm3 to rm2.20 now for the past 1 month. is it that all genting resorts and hotels have to close and shut down like back in covid time, not even a single customer back then?

can privatize Genting for 4 billions now. make it 8 billions to pump the price to rm4 offer price..many would be willing to sell. Lim family get a steep discount of 50% if offer to privatize at rm4. not forgetting all the future earning from NY and Singapore would be fully pocketed by them.

agreed with Vin. Additionally, if you look at the q4 report, Gent spent 3.26 bil to buy out GenM's 2.89 bil nci and didn't even meet the min 75% threshold at the close of the mgo. Definitely not easy and not cheap to privatise Gent.

not necessarily must be successful takeover. it could be just a tactic to accumulate back more shares at discounted price..just like GenM. the bosses could easily push up to 75% holding from 73.3% but they stopped and ghosted all d strategic plans for now and remain silence for the past 4 months.

next, genting berhad dropped from 3.50 to 2.20 now since the takeover offer of GenM and the eerily silence for the past 4 months. be reminded that NY casino will start operation in June and Taurx is expected to get the decision from UK MHRA within the next 3-4 months.

total value for equity holders from q4 report is 29.68 bil and market cap right now is 8.6 bil. The market is in the opinion that it is unable to generate good returns from its assets / high reinvestment rate; capital misallocation if you will.

they are also heavily on thematic stocks, jackie. as for the performance, they have analysts working for them and they will ask questions during investor briefing; most of the time forward looking statement/clarifications if you will. After all, they have access to the mgmt that retail investors dont. As for the recent drop, we should not rule out the possibility of investors' margin calls and being squeezed out since there are no corporate actions or announcements.