 |
| |
Page:   1 2 |
|
| Author | Post |
|---|
goodluck
Forum Addict
| Joined: | Thu Mar 27th, 2008 |
| Location: | |
| Posts: | 14 |
| Status: |
Offline
|
| Mana: |  |
|
Posting #11: Thu May 29th, 2008 18:16 |
|
Moolah wrote: Genting's earnings today...
Genting Bhd (3182.KU) - Malaysia
1st quarter ended Mar. 31:
Figures are in Ringgit (MYR).
2008 2007
Revenue 2,164,312,000 2,029,636,000
Pretax Profit 853,185,000 1,202,838,000
Net Profit 439,415,000 656,695,000
Earnings Per Share 11.87 Sen 17.78 Sen
Dividend Omitted Omitted |
------------------------------------
last quarter..
Genting Bhd (3182.KU) - Malaysia
4th quarter ended Dec. 31:
Figures are in Ringgit (MYR).
2007 2006
Revenue 2,249,584,000 2,203,308,000
Pretax Profit 909,605,000 921,968,000
Net Profit 514,442,000 506,034,000
Earnings Per Share 13.91 Sen 14.25 Sen
Dividend 4.30 Sen 4.00 Sen
12 months ended Dec. 31:
Revenue 8,483,821,000 6,418,628,000
Pretax Profit 3,394,509,000 2,703,873,000
Net Profit 1,988,865,000 1,504,244,000
Earnings Per Share 53.81 Sen 42.57 Sen
Dividend 37.00 Sen 6.40 Sen |
It doesnt look good at its latest FR. What is the rational behind of selling off the golden duck? Its rather puzzling.
|
Moolah
Forum Whacko
| Joined: | Sun Jul 9th, 2006 |
| Location: | Moo Moo Land |
| Posts: | 12809 |
| Status: |
Offline
|
| Mana: |  |
|
Posting #12: Fri May 30th, 2008 01:10 |
|
Dear Goodluck,
That's a concern in my opinion. However as it is, from the newsmedia, it would appear that nothing's concrete yet.
“Genting wishes to confirm that it has been approached by various parties for the potential purchase of its power assets,” the company said in a statement.
"As Genting is constantly reviewing its portfolio of investments to assess the efficiency of its invested capital and to optimise returns, it has had discussions with third parties to explore opportunities as and when they are presented,” the company said.
Genting said if there are any developments requiring an announcement to be made to Bursa Malaysia Securities, it will make the appropriate announcement in due course.
rgds
____________________
|
random
Forum Addict
| Joined: | Tue Jun 19th, 2007 |
| Location: | |
| Posts: | 508 |
| Status: |
Offline
|
| Mana: |  |
|
Posting #13: Fri May 30th, 2008 02:13 |
|
Maybe some tactic to lower the price for accumulation? 
|
random
Forum Addict
| Joined: | Tue Jun 19th, 2007 |
| Location: | |
| Posts: | 508 |
| Status: |
Offline
|
| Mana: | |
|
Posting #14: Fri May 30th, 2008 02:22 |
|
Genting posts lower Q1 net profit of RM439mil
PETALING JAYA: Genting Bhd, Asia's biggest casino operator, said net profit for the first quarter ended March 31 fell 33% to RM439.4mil despite a 7% rise in revenue to RM2.16bil.
The lower profit was due to less income from its British gaming operations, while profit in the previous corresponding period was boosted by a RM510mil one-off gain from the disposal of shares in its subsidiaries.
“Higher revenue was recorded at the group's non-leisure divisions, particularly the plantation division,'' Genting said in a statement yesterday.
Plantation revenue, via 53.8%-owned Asiatic Development Bhd, amounted to RM249.5mil, or 93% higher versus RM129mil a year earlier.
Genting said the plantation company achieved a higher crude palm oil selling price of RM3,403 per tonne in the January–March period against RM1,927 per tonne a year earlier.
An aerial view of Genting Highlands Resort
Asiatic released its first-quarter results on Wednesday.
Revenue at Genting's core leisure and hospitality division slipped 2% to RM1.44bil despite higher sales at Resorts World Bhd, operator of Genting Highlands Resort.
“The British gaming operations under Genting International Plc were affected by lower business volume, higher net bad debts written off and higher gaming duties,'' it said.
The group's power division delivered a 14% increase in sales to RM408mil, but Genting said rising coal prices “would likely affect” its operations in China.
It expects “satisfactory” group performance for the rest of the year.
In a separate announcement, 30.3%-owned Landmarks Bhd said its first-quarter net profit slumped to RM4.18mil against RM15.89mil a year earlier following the disposal of assets.
The group expects to post a lower profit for the year ending Dec 31 (FY08) compared with FY07, but said it “believes that Treasure Bay Bintan will contribute a significant portion of the group's profit going forward as we embark on our development programme.''
Landmarks has announced plans to develop resorts, condominiums, villas and entertainment facilities that may include gaming activities on 333ha. The project, called Treasure Bay, is on Pulau Bintan in Indonesia.
Last edited on Fri May 30th, 2008 02:24 by random
|
Moolah
Forum Whacko
| Joined: | Sun Jul 9th, 2006 |
| Location: | Moo Moo Land |
| Posts: | 12809 |
| Status: |
Offline
|
| Mana: | |
|
Posting #15: Fri May 30th, 2008 02:37 |
|
random wrote: Maybe some tactic to lower the price for accumulation?
Genting is now 6.10.
____________________
|
Moolah
Forum Whacko
| Joined: | Sun Jul 9th, 2006 |
| Location: | Moo Moo Land |
| Posts: | 12809 |
| Status: |
Offline
|
| Mana: | |
|
Posting #16: Wed Jun 11th, 2008 03:01 |
|
Moolah wrote: random wrote: Maybe some tactic to lower the price for accumulation?
Genting is now 6.10.
And Genting is now..... 5.55/5.60!!!!
____________________
|
random
Forum Addict
| Joined: | Tue Jun 19th, 2007 |
| Location: | |
| Posts: | 508 |
| Status: |
Offline
|
| Mana: | |
|
Posting #17: Wed Jun 11th, 2008 03:04 |
|
Moolah wrote: Moolah wrote: random wrote: Maybe some tactic to lower the price for accumulation?
Genting is now 6.10.
And Genting is now..... 5.55/5.60!!!!
A-hunting we will go, a-hunting we will go..
Hey-ho the merry-go a-hunting we will go..
|
Moolah
Forum Whacko
| Joined: | Sun Jul 9th, 2006 |
| Location: | Moo Moo Land |
| Posts: | 12809 |
| Status: |
Offline
|
| Mana: | |
|
Posting #18: Wed Jun 11th, 2008 03:10 |
|
Genting 5.60.
Parkson 5.50.
LOL... can we have a race? 
Last edited on Wed Jun 11th, 2008 03:21 by Moolah
____________________
|
random
Forum Addict
| Joined: | Tue Jun 19th, 2007 |
| Location: | |
| Posts: | 508 |
| Status: |
Offline
|
| Mana: | |
|
Posting #19: Wed Jun 11th, 2008 03:18 |
|
mm I cannot see the charts
I put my bet on Parky..
|
Moolah
Forum Whacko
| Joined: | Sun Jul 9th, 2006 |
| Location: | Moo Moo Land |
| Posts: | 12809 |
| Status: |
Offline
|
| Mana: | |
|
Posting #20: Wed Jun 11th, 2008 03:23 |
|
| http://finance.yahoo.com/echarts?s=5657.KL#chart2:symbol=5657.kl;range=5d;compare=3182.kl;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
____________________
|
Current time is 22:54 | Page: 1 2 |
|
|
|
|
