If u own a company,do u will the same pay ur employees 5 months bonus?Think on urself 1st,before u ask!

personally i think, there is nothing wrong giving 5 months bonus to employee, if one is really performing at work. Of course not everyone will get the same, only to the performer. Company making profit and employee happy working, if reward employee well, in return they work harder and employer will get even better return in years to come. Win win on both.

BUT i have 2 fren 1 in bank & 1 in plantation company. they both get 4 months bonus....so good.

For year ending 2007 Mr. Lim as Chairman and Chief Executive of Resort World
was paid over 41 millions. excluding the 90 millions from Genting

can your future 5 generations earn that much? or save that much?

is time to go in Resort now>..2.53

[COLOR=blue]28-08-2008: Resorts 2Q earnings rise 27% to RM384m [COLOR=blue]




KUALA LUMPUR: Resorts World Bhd’s net profit for the second quarter (2Q) ended June 30, 2008 grew 27% to RM384.3 million from RM305.8 million a year earlier, in tandem with higher revenue from the leisure and hospitality business, gain on disposal of long-term investment and higher interest income.

Earnings per share improved to 6.69 sen from 5.52 sen. The company declared an interim dividend of three sen per share, to be paid on Oct 21.

Resorts said yesterday 2Q revenue rose 20% to RM1.24 billion from RM1.03 billion previously, mainly due to better performance in the leisure and hospitality segment.

For the first six months, its net profit stood at RM681.6 million, up 25% from RM543.5 million in the previous corresponding period.

This was achieved on the back of an 11% increase in revenue to RM2.33 billion from RM2.1 billion.

In addition, the group no longer equity accounts for the results of Star Cruises Ltd since July 31, 2007, hence improving its earnings.

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Added on August 28, 2008, 9:11 pm
Hi All,

I think it's time to accumulate more as i think Resorts have found it bottom already.

Thank You.

This post has been edited by DJWC: Aug 28 2008, 09:11 PM

yes i agree fair value of resort 2.50 rm
but ever u guy analyse how come only resort at it fair value other stock
all overprice look at bat rm42, amway6.75, pbb rm10, genting berhad still over price rm5 , dutchlady 10.8 and nestle 22 and digi all above their fair value,

something fishy

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Added on October 3, 2008, 11:12 pmcant rule out it might drop below fair value1.9 or rm2
better collect bullet now. bullet limited one man as now probably tip of ice berg of the bear market

This post has been edited by normanTE: Oct 3 2008, 11:12 PM

Except Genting,
It is not something fishy, those stocks are staying high level because people knews they are going to be paid at least 6% and above annually on dividend yield compared their money put in FD with 3.7% only. That's the primary reason.
While those stocks although will be affected by economy slowdown, but impact is lesser compared to general businesses out there.

It is not rocket science, if some stocks are giving out 2x better than normal FD yield while risk wise is low (their businesses are quite stable as well as share price throughout as history tells), it is a supporting factor for those kind of stocks.

You need 2 primary conditions for those kind of stocks to plunge ie.
1. Economy recession is severe which resulted company profit to drop severely which make the dividend yield not sustainable.

2. Interest rate goes up, which make those dividend yield not attactive.

cherroy now is bear market everyone also know, wait la
no need to rush in havent see the lowest yet, be shock if it drop below rm2

It is kind of upset when I placed my order at RM2.40, however it came to RM2.43....and without even knocking the door it shot up to RM2.52 yesterday. Today closed at RM2.60.
Aiya !!!! How hard to be patient ah !!!

i like to place order in the morning the shut it down till 5.30pm then log in and check it match or not,i think it will be more useful for me rather 9am to 5pm keep in monitor...

u ll even more angry after u bought it, sonny. Don't believe me, wait and check the price next month.

my technical chart telling me to buy at 1.90 rm , so when it will fall to such price?

I hope it keeps hanging at RM2.60...then I would curb myself, next month RM2 !! Will it be ?

Why you said next month cheaper ? Reasons support ? From the previous performance, there was very strong support below RM2.50 when people encountered most panic.

Since you are doing technical analysis then i should ask you when it will fall to that price lol

Wonder why Resorts stood still RM2.60 today while Genting fell 22 cents to RM4.76
Usually Resorts and Genting price run pararell..

Have Resort close below $2.50 since July08?

Draw a line across the 2.50 level, draw second line touching all highs since July

A Descending triangle ? Since Monday price close outside the triangle area.

Why arr? So How?

well downjone will drop to 7500 tha is strong support and,klse had to follow in time like this most foreign fund will withdrawal more fund.. resort will take effect at rm1.90 or below,
better investment apportunity, dont forget LVS LAS VEGAS SANDS. ONLY 10.94USD PERSHARE last night

Fundamental analysis is already hinting that Resorts will drop to below 2 ringgit.

Check Resorts debt/equity ratio and try to forecast its profitability amid an US financial crisis that affects the entire WORLD.

Pretty gloomy ain't it?



This post has been edited by AdamG1981: Oct 18 2008, 06:09 PM