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 Genting Malaysia, Resorts World

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htt
post Nov 28 2008, 07:40 PM

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QUOTE(ruztynail @ Nov 28 2008, 10:46 AM)
u wish la frm 2.55 to 2.. it drop also wont drop until tat low right?
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Got their own support, unlikely...
Company Name : RESORTS WORLD BHD
Stock Name : RESORTS
Date Announced : 28/11/2008
Date of buy back:28/11/2008
Description of shares purchased:Ordinary Shares of RM0.10 each
Total number of shares purchased (units):9,105,100
Minimum price paid for each share purchased (RM):2.330
Maximum price paid for each share purchased (RM):2.350
Total consideration paid (RM):21,355,771.98
Always good to have deep pocket... tongue.gif
htt
post Feb 26 2009, 09:25 AM

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QUOTE(ProGamerCF @ Feb 26 2009, 09:11 AM)
is there any dividen coming?
is the date for dividen announced?
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Yes, 4 sen.
Will be announce later.
htt
post Mar 10 2009, 11:47 PM

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QUOTE(cherroy @ Mar 10 2009, 11:04 AM)
Actually I wonder (since I get contradicting answer and information right now), Resort world has interest in Resort Singapore casino stake?

I taught Genting only has exposure in it (Singapore new casino and theme part), not Resort.
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Resort still hold some share in GIL, but not substantial.
htt
post Mar 11 2009, 01:29 PM

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QUOTE(joenjill @ Mar 11 2009, 11:11 AM)
thanks bro. But how we can know the figure of the revenue? the FY report only list out revenue, but no list out at which area....any sources we can update this info?
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That's difficult, because holding company take subsidiary's revenue into their own reporting, only subtract out minority interest on the later part, so that's not easy to have the full picture unless you spend some time to check their book (for company like Genting, the situation will be more complicated as they have a lot of subsidiaries and not all subsidiaries account will be publish to public). Some more they have some cross holding... calculate that one will be very challenging with the limited resources. rclxub.gif
htt
post Mar 11 2009, 05:43 PM

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QUOTE(joenjill @ Mar 11 2009, 02:37 PM)
thanks explaination from htt, i though listed company will show out all account and all figure to everyone.
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That will be hard, bro... after all, accountant still need to make their present felt tongue.gif
htt
post Mar 13 2009, 12:18 PM

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QUOTE(lovelylace @ Mar 13 2009, 12:10 PM)
i understand. I've done my research. i'm just seeking some more opinions. And dun worry about losing my money or didn't join the bandwagon. It's my money and i'm responsible for it. If you do not wish to give me ur opinion, I'd suggest that you would hush up now
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Relax, bro...
Generally I think Genting and Resort are good company. The reason being the conservative management and sustainability of their business.
Genting have lower dividend yield but their business is more diversified than Resort (Resort is one of their subsidiaries after all). Both sitting on pile of cash, especially Resort (but Genting have direct control over it anyway).
If you are looking into more stable company, Genting is the choice as their business risk is lower (due to diversification). But Resort is more profitable than Genting as their business is mainly cash cow now.
Just my 2 cent.

htt
post Mar 13 2009, 01:24 PM

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QUOTE(lovelylace @ Mar 13 2009, 01:15 PM)
some people are willing to share, while others prefer to tell people to fly kite. Oh well, lets move on, thank you for the advice guys, think i know now which to buy

thank you very much htt for your advice, i appreciate it
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With internet apart sometime words can be drift faraway from what they initially mean. Skid have no ill-meaning on his words and sometime we have to exercise tolerance. Let this thing drop... cheers...

But you have to look at your investing horizon and target before jump, because Resort is trading at its low now but Genting is a bit off its low, for trader or TA people they might have different views on that.
htt
post Mar 23 2009, 06:48 AM

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QUOTE(spiderbaby @ Mar 23 2009, 01:15 AM)
as your advice i change my avatar. now it is flying upwards replacing the one flying downward (like the share price) and now upwatds (hopefully the share price will follow)

keep my finger crossed....
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SIA flies up?
htt
post Mar 23 2009, 01:00 PM

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QUOTE(Soulsareworthless @ Mar 23 2009, 12:50 PM)
Isn't Singapore Resorts owned by Genting International under Genting Berhad?
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It is.
htt
post Mar 23 2009, 02:23 PM

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QUOTE(Soulsareworthless @ Mar 23 2009, 01:34 PM)
Won't the 2nd quarter results only be released sometime in May?
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Start from 1st April to 31st May.
htt
post Apr 23 2009, 03:22 PM

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QUOTE(Starbucki @ Apr 23 2009, 03:21 PM)
I'm more of a long term investor, so I try not to let short term price pullbacks affect me.  smile.gif
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Then you wait with me until they go back to 20 tongue.gif
htt
post Apr 23 2009, 03:51 PM

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QUOTE(Soulsareworthless @ Apr 23 2009, 03:39 PM)
Wow, lol, if reach RM6.50 like Macquarie Research tp, we'll all be laughing our way to the bank already, how high do you think Genting can go before its Q1 results are announced?
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Aiya, wait for another 20 years loh tongue.gif
htt
post May 17 2009, 01:22 PM

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QUOTE(Soulsareworthless @ May 17 2009, 02:05 AM)
But i'm just a college student, do I need to go through all these just to get my dividends tax?
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Sad to tell you the answer is YES tongue.gif
Btw, one-tier tax system coming, you don't have to worry in coming years....

This post has been edited by htt: May 17 2009, 02:16 PM
htt
post May 17 2009, 05:26 PM

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QUOTE(cherroy @ May 17 2009, 04:48 PM)
Don't worry doesn't mean good news. icon_idea.gif

As single tier, no claim back aka he needs to pay tax eventhough as student.
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True, but there is nothing we can do about that...
And count our inefficiency luck, as other countries already implemented that for years loh...
htt
post May 31 2009, 09:01 PM

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QUOTE(teewan @ May 30 2009, 10:33 PM)
Not neccessarily can claim back 25%, if your income bracket is higher than 25%!!!
If your income tax rate is 27%, for instance, then you'll have to repay back the difference between 27% - 25% = 2% of those dividends which has tax deduction.

Single Tier dividends will NOT have any taxes deducted in first place...
So meaning you will not see cases whereby the dividend is under Single Tier calculation, and yet being deducted for taxation. Basically for shareholders, it will appear like ordinary tax-exempt dividend.

Main difference between tax-exempt and Single Tier calculation, is err... I forgotten the exact term, but is credited into an account in the company's financial book. Complicated stuff... Maybe someone can help explain...
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If your tax bracket higher than that, your probably should have done some tax planning to reduce that tongue.gif
The term is imputation.
Basically one-tier mean company pay tax when realized profit, shareholders cannot claim anything back.
For imputation, share holder can claim back the balance in Section 44A.
htt
post Jun 26 2009, 02:23 PM

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QUOTE(wseng @ Jun 26 2009, 01:08 PM)
i'm newbie here.. wanna know if normaly they announce dividen on 26/6, after that the price will drop due to dividend payout.. when will this happen ? meaning right after the dividend day ? or the day ?

Intending to buy Resorts (gentingmalaysia) but unsure when's the best time to do it ?
same situation with genting
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4 sens not worth to think that much tongue.gif
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