cherroy,

when you say "EPS is ugly", how could we determine that?

which one should i look at? is it the one circled in red?

their Q4 profit is really 
but i'm more surprise with the uglier RESORTS result
perhaps we'll get another round of surprise frm GENTING 2molo? 

You look at current quarter one, not the past (accumulated) that had been known.

To look at business operation wise situation, look at its revenue and cost figure, and profit before tax.

Revenue is sinking while cost is rising for the current quarter which is not a good sign. (low BDI, so low revenue).

I got analogy for this kind of situation. Papa back home late, can't play with the kids (poor result), but Papa buy a lollipop for you (30 cents dividend), so don't cry huh. Haha. 

You look at current quarter one, not the past (accumulated) that had been known.

To look at business operation wise situation, look at its revenue and cost figure, and profit before tax.

Revenue is sinking while cost is rising for the current quarter which is not a good sign. (low BDI, so low revenue).

I got analogy for this kind of situation. Papa back home late, can't play with the kids (poor result), but Papa buy a lollipop for you (30 cents dividend), so don't cry huh. Haha. 

Maybulk

EPS is pretty ugly.

Cash level is healthy with 790 million which is substantial enough to weather through the bad time.

Future generous dividend is not sustainable as it just draining out cash if EPS continue to be as bad and operational profit remain at distress level.
After all, the significant cash generated is from vessel disposal, not from operation activities.

So the dividend is given from the past year accumulated profit plus vessel disposal.

Conclusion, if not the 30 cents dividend, with this kind of result, share price would plunge, so company management decided to give generious dividend as sweeties. My opinoin only.

isn't genting disconnect from resort? i tot resort is Singapore while genting is Malaysia?

kakaka what a cute analogy!

i have 1 last question,

"...cost is rising for the current quarter which is not a good sign.", where to see the "cost"? 

GENTING hold more than 50% stakes in both RESORTS & ASIATIC as far as i know..... correct me if i'm wrong....
GENTING is more like an "investment" company i think.... while RESORTS is taking care of the gaming, leisure and hospitality business....

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Added on February 25, 2009, 9:20 pm
all the expenses i guess (operating + admin) & also the finance cost? 

paiseh, 1 more question.

"Cash level is healthy with 790 million which is substantial enough to weather through the bad time. " ...

where to get the figure 790 million from the report? 

You can see from the pdf file in KLSE website.

Cost is under operating expenses.

Cash can be seen from cashflow statement.

We should proceed discussion in Maybulk thread then, for purely Maybulk discussion.

lol you extract the posts and put under maybulk discussion thread lor

i see a huge money there on "Gain on Disposal of Vessel".

now i know where the sweets (30 sens) come from 

Hey guys.... my machine gun bullets just came today. 

However, with uncertainty in the market, I just can't decide what long-term blue chip stocks to go for......

I know nobody knows for certain what will happen in the future but if there is one or two stocks you guys would pick for long-term investment (in terms of potential capital appreciation or dividend yield), which one would you go for? 

And yeah, I know, judge my own..... 

their Q4 profit is really 
but i'm more surprise with the uglier RESORTS result
perhaps we'll get another round of surprise frm GENTING 2molo? 

yeah..hahaha... else, you'll blame us. Anyway, i'll probably go for BJtoto if it goes down to rm3.

DJIA was so green yesterday but it bleeds back tonight.

7,214.10 -136.84 -1.86%

i'm feeling scared now....  actually i feel hopeless. Feel retrenchment is on its way...
dunno if I should buy house or wait...