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One of the good example is YTLPower.. many years ago the stock price at RM2+ then come down all the way to RM1.3+ and my wife bought and its down all the way to RM0.60+ and my wife can only hold and almost 7 yrs taking little dividend and successfully sold it last year. As long as the company making a come back we all have chance.
Ya agreed Nerraw but business is like that no guaranteed successful. We as minority shareholders only hope the company eventually find the right way to growth again. Indonesia LNG Gas could be good venture once start contributing while if New York license if really able to turnaround Empire via leverage and Las Vegas start contribute perhaps thing will say otherwise.. we just can patiently wait
Ya, main thing Genting have a lot of assets not fully maximise for contribution, gaming expansion overseas also not so successful except Singapore (could be due to less competition). Las Vegas and others also not really contributing after US4.6 billion investment yet cound Empire loss. I just get ChatGPT to calculate and estimate if its sold off all overseas gaming maintain only GenM and GenS while focus on Plantation, Gas and Power, 2027 Genting could turn annual RM4 bil net profit and net cash
Anyway, just our talking points here.. for Genting just hopefully they turnaround Las Vegas, get New York license, obtaining UK and US Alzelheimer's drug license, start LNG (end 2026) and Power contribution (Q4 2025) while slowly paring down the debts
Gaming assets means the stake sold will do Nerraw, GenS (duopoly) and GenM (monopoly) gaming license and stock value already worth RM25 bil (Malaysia) and RM18 bil (Singapore).. yet count others UK, US assets
