What are you saying? Can't the casino match the convenience store?

猫王 : Success comes from diligence, brother.

我叫高進 高股猛進 : Uncle Lim, the second generation, can also be considered a business genius, holding a good hand but playing it poorly.

102398663 : Still exclusive business

104301465 我叫高進 高股猛進 : Actually, I don't understand why Lim Kok Thay has been expanding Genting horizontally, you don't praise it, keep saying he's squandering. However, has Genting experienced any losses after the MCO? Lim Kok Thay is still making his old man's empire bigger, let's wait and see what surprises Genting will bring us in the future.

103706768 104301465 : Genting hongkong blew up during covid while US, malaysia and bahamas lost money each quarter during covid and after covid they are at break even if u consider (their debt cost) . They are turning it back right now, on the issue with LKT he is just too ambitious he wants to take on US casino market which is saturated while venturing into medical and energy. 13 years has passed since they enter nyc and they are now getting the casino license while genting vegas opened during covid and they are planning 2 new resort in US as well.

My opinion is that he wanted to do too much in a short span of time.

104301465 103706768 : So, what if Lim Kok Thay
(1) Didn't cut loss on Hong Kong n Bahamas
(2) Didn't continue his ambitious on US casino market
(3) Didn't expand his business sector

What is the point of other investors seeing Genting as a potential share to grow in the future?

103706768 104301465 : There is no point in conversing what if in the real world.

The reality here is US casino ventures has been a money pit. U are too focus on them going there but u forgot that genting still owe money to venture capitals and banks for builing the resort and so on. Everything there funded by MY and SG casino while bahamas and US casino would be lucky to just break even. Judging by how unsuccessful this venture has been, LKT still wants to build more casino there.

Genting is a bluechip stock that acts like a cash cow, LKT is playing his cash cow as a star (look up BCG diagram). Genting is easily making money hand over fist in their asia casino now, but rather than giving it back to shareholders they squander all the profit in the US. Yes someday there might be a huge return but that is not guaranteed worse case senario US ventures go bust like HK

Alvin Tan W W 103706768 : 同感，这几年在美洲收支不太对稱，好像在死砸那么，是集团策略吗？