socrates469bc Posted January 21, 2021 Share Posted January 21, 2021 genting bolehsia casino will closed from 22 jan to 4 feb!!!!!! https://www.theedgemarkets.com/article/resorts-world-genting-announces-temporary-shutdown-pahang-placed-under-mco but most likely will be closed for a minimum of 1 mth. that means cny period is toh liao!!!!!!! genting hk toh liao, genting uk casinos and resort on verge of being toh, genting us/pinoy/bolehsia/sinkie resorts bo biz, how genting group can survive past 2021?????? i guesstimate the cash burn for genting group as a whole is at least usd50m/mth based on listed available financials. assuming genting group is able to resume biz for the last 10 mths of 2021, the cash burn guesstimate will reduce to ard usd40m/mth. means this yr genting group will at least have cash burn of usd500m for 2021!!!!!! based on fy2019, genting group is in negative net cash position due to its heavy lt debt outstanding!!!!! so will genting toh in 2022 as debt servicing and retirement come due????? https://www.theedgemarkets.com/article/newsbreak-genting-down-luck-wake-pandemic https://www.wsj.com/market-data/quotes/MY/3182/financials/annual/balance-sheet 1 Link to comment Share on other sites More sharing options...
Homelander Posted January 21, 2021 Share Posted January 21, 2021 Cny no gambling for them...thats a new 2 Link to comment Share on other sites More sharing options...
socrates469bc Posted January 21, 2021 Author Share Posted January 21, 2021 1 hour ago, Homelander said: Cny no gambling for them...thats a new theres always a first. and most likely the beginning of the end. wahahahahhahahahha Link to comment Share on other sites More sharing options...
The_King Posted January 21, 2021 Share Posted January 21, 2021 Buy high, sell low. What you waiting for 1 Link to comment Share on other sites More sharing options...
socrates469bc Posted January 21, 2021 Author Share Posted January 21, 2021 5 hours ago, The_King said: Buy high, sell low. What you waiting for and the recent zheng hu propaganda advert got me thinking. nb, if the reserves use up b4 this wuhan virus is over, how to finance the country????? loong loong really send us to holland with his casino economy liao. Link to comment Share on other sites More sharing options...
Chestnut Posted January 21, 2021 Share Posted January 21, 2021 12 minutes ago, socrates469bc said: and the recent zheng hu propaganda advert got me thinking. nb, if the reserves use up b4 this wuhan virus is over, how to finance the country????? loong loong really send us to holland with his casino economy liao. Which advert? Shalala lala la la ~ 🌠 Link to comment Share on other sites More sharing options...
socrates469bc Posted January 21, 2021 Author Share Posted January 21, 2021 12 minutes ago, Chestnut said: Which advert? the one state tv plays everyday almost every hr or so. nb, everytime i go kopitiam tabao always see it on their tv. really is brainwashing. Link to comment Share on other sites More sharing options...
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