hi there recently they offer a international genting which fall in singapore.
so how am i going to trade if i do not have account in singapore

if u r using OSK, u no need to worry
coz they have branch at singapore
therefore u have another account at singapore

but well i am not so how am i going to deal with it?

since u OSK user
call them tomolo
they will guide u the process

sorry i also dunno what i am writting
anyway i am not osk i am under TA.

Hi,

Well, Since you got the offer. Then i suggest you should go and buy those shares in singapore. The shares is rising rapidly in Singapore exchange. Keep those offers.


Thank You.
Just my 2cent.

the problem now is that i do not have account in singapore. i want it no matter what. just how to deal with . i am don't have OSK acc

HI,

When is the dateline? Do you know that it's listed already in singapore? Ok. what account do u have in malaysia? Deal with them. They are more than willing to help you to open an account in singapore. Do it fast. I heard that there will be a dateline for it.

Do you own the company share in malaysia? How much then?



Thank You.

You should call your broker to check as there are various options for you to purchase the GIPLC shares.

one of the option :
is to open a sub-account with your local broker (throught their arrangements with Singapore brokers) & have your Offer Shares credited in

another option:
you can choose to have your offer shares credited into a sub-account maintained by CIMB Nominees.
Means you have to open a securities trading account with CIMB

its really a good offer anyway but don't forget to ask about the hidden charges involved

I am a newbie in this area, just have a nice conversation with my remisier and he told me that Resorts is a good choice for investing , saying that the casino in genting is also under resorts.

Whats your opinion ? This is my first share ..... Planning to buy 10 lot and hold for 1/2 years , what price should i queue ? Or just take the market price without queue ?

prevent to lose before think of profit...

go for it..it will shoot up $1.00 after 2010 of Resort World at sentosa open...

Both topics being merged in a Resorts thread.

but from my father remiser he say not worth it because is a odd lot
is just 100 sahres. need to pay this and that.
what u all think

go for it..

well any support? such as what are statistic?

GIL closed at $0.60 on 12/04/08 friday STI.

---

Added on April 14, 2008, 10:59 am

GIL now at $0.590...

Hi All,

For your information.



Resorts World: Strong cash pile for expansion


RESORTS World Bhd’s decision to divest part of its shareholding in Star Cruises Limited (SCL) has seen its net cash increase to RM3.16 billion from RM2.82 billion three months ago, which could be the main expansion driver within the Genting Group, in view of the potential liberalisation of the region’s gaming industry, MIMB Investment Bank said.

MIMB Research has maintained a buy call on Resorts World with a target price of RM4.80 on 24 times current year (CY08) price-to-earnings ratio. “We continue to like Resorts World for its clear earnings visibility and strong cash-flow generating ability, as it no longer accounts for SCL’s financial results from 3QFY07 onwards.”

“It is our preferred stock in the gaming stock,” it said in a research note.

It also said that Resorts World’s 1Q financial results were in line with its estimates. Resorts World reported a net profit of RM297.4 million, a 25% year-on-year (y-o-y) increase from RM237.6 million a year earlier.

However, the net income was 14% lower against the RM344.1 million registered in the preceding quarter. The company posted a 8% dip in operating profit in its leisure and hospitality division to RM373.3 million on the back of a 4% contraction in revenue, due to lower business volume as a result of lower visitor arrivals.

“We suspect that the casino operation was mildly hit by the luck factor as operating margin deteriorated to 34% from 36%,” the research house said.

Nevertheless, Resorts World’s y-o-y remained strong as its 1QFY08 leisure and hospitality operating profit expanded by 5% from RM354.2 million, backed by a 3% rise in revenue. “Higher business volume arising from higher visitor arrivals mainly drove this,” it said.

when is Resort AGM Meeting?

coming soon..

Resort has a 61sen cash per share. Looks good to accumulate if price goes down further ( RM 2.70 )

However, it is my opinion that the parent co, Genting is too engrossed with Casino businesses, in a way neglecting good companies such as Resort and Asiatic.

Both are deemed as back ups for Genting ( with cash piles ) , then considering the potentials to grow.

It is my personal view, might be wrong also.

RESORTS was buying back shares the past few days meaning they also feel that their shares now are undervalued. Should accumulate more if the price doesn't go above 2.90 in my opinion.

red now..

Resort is still down now. Rm2.80 only.

high time for them to change the dividend policy.
Wake up Mr Lim! Foreigners are selling off your shares!

Guys,

May i know what is RESORT dividend % if the price is @RM2.8 estimated for year 2008?

about 2.5%

2.5% nia arr? people say, buy RESORT because of dividend play. Should at least be 4% ma

altho RESORTS is cash-cow company, but it is not a good target if you are looking for high DY return.

Genting and Resorts are not famous for the dividend, kedekut company. Don't get me wrong, they are good fundamantal company, just on dividend side, if one aims for dividend play one, then they are not a good choice.

if dividend entitlement is today..then hold the share today until market end and u will be eligible for dividend?

Final Dividend of 3.6 sen less 26% tax per ordinary share for FYE 31/12/07
This means 1%+ dividend yield?

Anything before Ex-date will entitle.

but if buy on ex-date? will get the dividend?

in this case already ex, then nope.

Hi,

What would be the worst for Resorts?

Any mature advise is needed.

BUY more...Gain more

That's true maybe because the risk they are in and they need cash to be available to be able to cover all bets at any given time. Last year after uncle lim pass away and they declared that 30 sen dividend i thought they not kedekut anymore but this year sigh same thing again

--EDITED--

3.26 was few months back

I think Mr. Lim should reward every staff with 5 months bonus every year for fantastic job done since there is a huge cash pile. Benefits staff first, shareholder last. Agree??

5months bonus?...i guess even u work in Temasek Singapore also wont get this kind of bonus

Hehe but working in O&G can get. ^^

in business, shareholder always come first than staff.

Outperform call on Resorts World


KUALA LUMPUR: CIMB Equities Research is maintaining its outperform call on Resorts World Bhd as the share price weakness over recent months has been attributed to external and macro concerns, and its fundamentals remain solid.

The research house said Monday that it was unlikely the Government would increase gaming-related taxes as they did not benefit the Government.

“We also think that worries of a possible operational slowdown in 2H08 are significantly overdone. As such, we are keeping our FY08-10 forecasts and our CY08 price objective of RM4.18, based on a 10% discount to its sum of parts,� it said.

CIMB Research said Resorts remained an excellent proxy for the solid domestic tourism industry while its gaming operations are expected to perform strongly in 2008.

It also said Resorts’s growing cash pile of more than RM4bil gave it the leeway to make regional/global acquisitions at rock bottom prices currently or undertake capital management initiatives -- for instance, increasing dividends.

“When the external concerns will subside is something we would not speculate on. However, we strongly believe that the weakened share price offers an excellent opportunity to accumulate RWB on weakness for meaningful medium- to longer-term upside,� it added.

The research house said Resorts was its top gaming sector pick given the gravity of the share price decline, base valuations and the potential stronger rebound once concerns abate.

It said the main reason for Resorts’ share price weakness was its high foreign shareholding of about 40% as at end-May.

“We understand that the bulk of the selling activity over the past month was attributed to disposals by foreign investors due to macro factors, which are totally detached from Resorts’ core fundamentals,� it said.

CIMB Research said the primary reason for the foreign selldown was the uncertainty in the Malaysian political scene. This instability had given rise to some policy risks, which had rubbed off on the gaming industry given talk of a possible gaming tax hike.

The research house also said the economic environment, coupled with higher political risk, had resulted in some weakness in the ringgit.

“Given its high foreign shareholdings, Resorts’ de-rating can partly be attributed to the currency effect. Once again, this macro factor has no bearing on the company fundamentals and is subject to market forces,� it said.

On the global gaming scene, it said the US gaming industry had undergone a major de-rating since end-07, with share prices tumbling 30-60% year-to-date for major gaming players.

The research house said undoubtedly, this had a chain effect on global gaming stocks and Malaysian gaming companies had not escaped the drop.

It said the global de-rating was centred on weakness in Las Vegas owing to sharply reduced air transport links from the jet fuel effects as well as the effects from the economic slowdown.

The second factor was the exposure of US gaming companies to the highly competitive junket VIP business in Macau, where VIP margins have been significantly clipped over the past six months and where US gaming players were the major losers in the volume game.

---

Added on June 30, 2008, 2:45 pmOutperform call on Resorts World


KUALA LUMPUR: CIMB Equities Research is maintaining its outperform call on Resorts World Bhd as the share price weakness over recent months has been attributed to external and macro concerns, and its fundamentals remain solid.

The research house said Monday that it was unlikely the Government would increase gaming-related taxes as they did not benefit the Government.

“We also think that worries of a possible operational slowdown in 2H08 are significantly overdone. As such, we are keeping our FY08-10 forecasts and our CY08 price objective of RM4.18, based on a 10% discount to its sum of parts,� it said.

CIMB Research said Resorts remained an excellent proxy for the solid domestic tourism industry while its gaming operations are expected to perform strongly in 2008.

It also said Resorts’s growing cash pile of more than RM4bil gave it the leeway to make regional/global acquisitions at rock bottom prices currently or undertake capital management initiatives -- for instance, increasing dividends.

“When the external concerns will subside is something we would not speculate on. However, we strongly believe that the weakened share price offers an excellent opportunity to accumulate RWB on weakness for meaningful medium- to longer-term upside,� it added.

The research house said Resorts was its top gaming sector pick given the gravity of the share price decline, base valuations and the potential stronger rebound once concerns abate.

It said the main reason for Resorts’ share price weakness was its high foreign shareholding of about 40% as at end-May.

“We understand that the bulk of the selling activity over the past month was attributed to disposals by foreign investors due to macro factors, which are totally detached from Resorts’ core fundamentals,� it said.

CIMB Research said the primary reason for the foreign selldown was the uncertainty in the Malaysian political scene. This instability had given rise to some policy risks, which had rubbed off on the gaming industry given talk of a possible gaming tax hike.

The research house also said the economic environment, coupled with higher political risk, had resulted in some weakness in the ringgit.

“Given its high foreign shareholdings, Resorts’ de-rating can partly be attributed to the currency effect. Once again, this macro factor has no bearing on the company fundamentals and is subject to market forces,� it said.

On the global gaming scene, it said the US gaming industry had undergone a major de-rating since end-07, with share prices tumbling 30-60% year-to-date for major gaming players.

The research house said undoubtedly, this had a chain effect on global gaming stocks and Malaysian gaming companies had not escaped the drop.

It said the global de-rating was centred on weakness in Las Vegas owing to sharply reduced air transport links from the jet fuel effects as well as the effects from the economic slowdown.

The second factor was the exposure of US gaming companies to the highly competitive junket VIP business in Macau, where VIP margins have been significantly clipped over the past six months and where US gaming players were the major losers in the volume game.

wat's da diff between resorts world and genting? sorry, i'm new and interested but not familiar wif this.. minimum hav to buy how many stocks?

Losing some 60% of its value is call out perform.
That report really take advantage of people emotion : Hope, Greed & Fear

Beyond Rm2.30?

come on Resorts, drop to 2.45, i ll buy u up. Offer valid for today only.

lol and u posted at 5.19, market tutup edy how to sell to you

reminds me of the guardrail price. it is changing everyday!

CAN i ask how come i havent get my genting free vouchers this year?