May 6 2009, 04:38 AM
QUOTE(whizzer @ May 5 2009, 11:02 PM)
What's the impact of this ? Anyone know anything about Prime Gaming Philipines ? I hope its not a related party transaction like what Resort had.
The only problem with this, according to some reports I've read, is that the acquisition will only bring an additional RM1-2 mill to the table very year. So why waste that money at a time when cash is king?Added on May 6, 2009, 4:38 am
QUOTE(whizzer @ May 5 2009, 11:02 PM)
What's the impact of this ? Anyone know anything about Prime Gaming Philipines ? I hope its not a related party transaction like what Resort had.
The only problem with this, according to some reports I've read, is that the acquisition will only bring an additional RM1-2 mill to the table very year. So why waste that money at a time when cash is king? Isn't it better to use that money instead as dividend to the shareholders?This post has been edited by omores: May 6 2009, 04:38 AM
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