Stock Market V28, YI FATT = easy rich!!
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 May 28 2009, 04:47 PM
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Senior Member
3,790 posts Joined: Aug 2007   
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For monopoly businesses however...
i think its more of a question of how they take advantage of it, like say MAS whom had been sqeeuzing its customers ever since they were incorporated... Not until Airasia came in with guns blazing that MAS actually felt the heat to comepete with its rival. Hopefully TM will be the smater choice this time around. |
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May 28 2009, 04:48 PM
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Senior Member
2,296 posts Joined: Jan 2008 From: From My Mummy Stomach
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Any one last minute recomendation before it close ..
I got 10k left .. didnt manage to buy ta-wb at 0.005 .. |
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May 28 2009, 04:48 PM
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Senior Member
801 posts Joined: Jan 2003 From: Kingdom
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QUOTE(AdamG1981 @ May 28 2009, 04:46 PM) RESORT big fat zero debt, with HUGE reserves. If wasnt for its star cruise impairment, net profit is actually up 3% That's consider good news for me~~   |
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May 28 2009, 04:48 PM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
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wah TA-WB 0.005 now. who got it, report in
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May 28 2009, 04:49 PM
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Senior Member
1,667 posts Joined: Dec 2008 
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QUOTE(cliffang83 @ May 28 2009, 04:45 PM) We'll have to closely monitor the news then. Yes. Thats why I still want to buy. But I don't dare incase I can buy it cheaper. If I'm wrong I lose the opportunity on this two boats. But there are other boats to take.Btw, RESORTS/GENTING is still a profitable company in M'sia, isn't it? Added on May 28, 2009, 4:45 pm +2 Also, if I'm wrong and either genting or resorts did buy up the 50% oso: 1. Cash gone, lower NAV 2. Higher gearing, more interest 3. Operation costs balloons up, need to combine cost of two new casinos, marketing etc. 4. Need time to make profitable No rush for me to buy. But its my opinion... |
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May 28 2009, 04:49 PM
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Senior Member
3,790 posts Joined: Aug 2007
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QUOTE(cliffang83 @ May 28 2009, 04:48 PM) That's consider good news for me~~ last i recall they had 3B cash in bank...200m profit is like 200K for them.. Btw i think i saw some article stating that Resorts might change its name to Genting Malaysia Bhd? This post has been edited by aurora97: May 28 2009, 04:50 PM |
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May 28 2009, 04:50 PM
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Senior Member
1,667 posts Joined: Dec 2008
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QUOTE(aurora97 @ May 28 2009, 04:49 PM) last i recall they had 3B cash in bank... Yuppers. The 3B never go up for long time dee.200m profit is like 200K for them.. |
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May 28 2009, 04:52 PM
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Senior Member
801 posts Joined: Jan 2003 From: Kingdom
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QUOTE(aurora97 @ May 28 2009, 04:49 PM) last i recall they had 3B cash in bank... 3B cash in bank ?!? 200m profit is like 200K for them.. Btw i think i saw some article stating that Resorts might change its name to Genting Malaysia Bhd?  wow...Anyone use PBB etrading? How's it? My acc just approved by them. |
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May 28 2009, 04:53 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang
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QUOTE(AdamG1981 @ May 28 2009, 04:46 PM) RESORT big fat zero debt, with HUGE reserves. If wasnt for its star cruise impairment, net profit is actually up 3% Yup, Resort problem (at least for minority shareholders) is that with huge cash pile and billion of profit, minoirty shareholders are getting peanut dividend 2% yield or so, which is considerably low for a highly profitable and huge cash pile company.While it doesn't utilise the cash pile nor giving out as reward to the shareholders. Impairment cost just means previous investment being done at high cost while if it doesn't yield any profit to the company, then it just means wrong investment decision had been made. You earn and earn then one bad decision on investment can wipe out previous hardwork done. So impairment cost is still something to look at although it doesn't bleed the company cashflow or underlying fundamental. Don't get me wrong, Resorts is a good and profitable company, and a good stock until now. |
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May 28 2009, 04:53 PM
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Senior Member
1,667 posts Joined: Dec 2008
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QUOTE(cliffang83 @ May 28 2009, 04:52 PM) 3B cash in bank ?!? Hahaha, YTL even bigger war chest. Last year it was 15billion, then they got the property in Singapore, lowered to 11billion. I don't know whats they latest. But very impressive war chest. wow...Anyone use PBB etrading? How's it? My acc just approved by them. |
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May 28 2009, 04:54 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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woot - recovering. Come on TMnut, close @ 2.75 at least... ASTRO can make it u sure can!
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May 28 2009, 04:54 PM
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Senior Member
801 posts Joined: Jan 2003 From: Kingdom
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Someone wants RESORTS to stay at 2.73.
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May 28 2009, 04:54 PM
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Senior Member
5,587 posts Joined: May 2007 From: KL
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QUOTE(cliffang83 @ May 28 2009, 04:52 PM) 3B cash in bank ?!? they don't have 3B anymore! wow...Anyone use PBB etrading? How's it? My acc just approved by them. Its 4.6b!!! Added on May 28, 2009, 4:55 pm QUOTE(omores @ May 28 2009, 04:53 PM) Hahaha, YTL even bigger war chest. Last year it was 15billion, then they got the property in Singapore, lowered to 11billion. I don't know whats they latest. But very impressive war chest. they have debts too!This post has been edited by sharesa: May 28 2009, 04:55 PM |
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May 28 2009, 04:55 PM
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Senior Member
801 posts Joined: Jan 2003 From: Kingdom
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QUOTE(sharesa @ May 28 2009, 04:54 PM) they don't have 3B anymore! WOW~!! Its 4.6b!!! Added on May 28, 2009, 4:55 pm they have debts too! Lagi kao lat~!!!  |
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May 28 2009, 04:56 PM
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Senior Member
1,667 posts Joined: Dec 2008
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QUOTE(cherroy @ May 28 2009, 04:53 PM) Yup, Resort problem (at least for minority shareholders) is that with huge cash pile and billion of profit, minoirty shareholders are getting peanut dividend 2% yield or so, which is considerably low for a highly profitable and huge cash pile company. Master Cherroy, do you know about the Taiwan casino Resorts was tendering for? I read about this in Jan. But no updates or news till now?While it doesn't utilise the cash pile nor giving out as reward to the shareholders. Impairment cost just means previous investment being done at high cost while if it doesn't yield any profit to the company, then it just means wrong investment decision had been made. You earn and earn then one bad decision on investment can wipe out previous hardwork done. So impairment cost is still something to look at although it doesn't bleed the company cashflow or underlying fundamental. Don't get me wrong, Resorts is a good and profitable company, and a good stock until now. |
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May 28 2009, 04:57 PM
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Senior Member
801 posts Joined: Jan 2003 From: Kingdom
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End of the day for me, the counter I'm holding is doing a good job today.
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May 28 2009, 04:57 PM
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Senior Member
3,790 posts Joined: Aug 2007
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Resorts World to change name SOS chili padi mata kerbau + maggee » Click to show Spoiler - click again to hide... « |
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May 28 2009, 04:58 PM
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Senior Member
6,462 posts Joined: Nov 2004 From: [Latitude-N3°9'25"] [Longitude-E101°42'45"]
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May 28 2009, 04:58 PM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
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QUOTE(aurora97 @ May 28 2009, 04:57 PM) Resorts World to change name itu sos last week sula keluar in bursa announcement.SOS chili padi mata kerbau + maggee » Click to show Spoiler - click again to hide... « asiatic oso will change name, changing to Genting Plantation Berhad. |
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May 28 2009, 04:59 PM
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Senior Member
3,790 posts Joined: Aug 2007
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QUOTE(panasonic88 @ May 28 2009, 04:58 PM) itu sos last week sula keluar in bursa announcement. sry time difference asiatic oso will change name, changing to Genting Plantation Berhad.  my sos always expired.  |
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