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.

This post has been edited by SKY 1809: Jun 20 2008, 09:37 AM

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?

This post has been edited by cantona7: Jun 26 2008, 02:48 PM

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--

This post has been edited by Kenneth85: Jun 30 2008, 12:35 AM

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??