The Tax man allowed them to report lower profit ?
sgng123 ( Date: 09-Jun-2026 18:41) Posted:
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They can , alrdy spent S2b without debt or touching cash pile while paying out dividend.
they got very deep pocket as they got operating cashflow S$790m annually.
the casino business margin very high but they reported low profit to avoid tax.
just imagine mbs reported 1q revenue S$1.5b ans Ebita $1.2b very very high margin.
they got very deep pocket as they got operating cashflow S$790m annually.
the casino business margin very high but they reported low profit to avoid tax.
just imagine mbs reported 1q revenue S$1.5b ans Ebita $1.2b very very high margin.
Can GentS complete the Gen.2.0 project without borrowings ?
genS had alrdy cough out S$2b to upgrade oceanium, minionland, weave and laurus hotel
to meet gov assessment. Also need to curb expense on casino credit as sg gov anti gambling.
Can keep base casino revenue alrdy good.
Now just need confirmation on normal licence renewal.
Stock price would recover from confirmation.
Casino licence is ATM licence guarantee money.
Got impacy lah, currently it on provisional licence given by gov.
The original 3 years licence not renewed.
If gebS fail assessment can say goodbye to casino business.
Explain why stock price on downhill since end 2024.
Even high rollers evade genS as uncertainty on it licence.
Reason why $2b spent in upgrades, die die must get renew
No significant impact on the share price whether 2 or 3 year license. Lower profit is expected for coming months
sgng123 ( Date: 09-Jun-2026 11:25) Posted:
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Sir, GS has big cash, so dont need debt. If they have debt, they have to pay interest..
sgng123 ( Date: 09-Jun-2026 11:18) Posted:
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Water become clear once normal 3 years licence get renewed.
hope gens do capital review and utilise it cash and issue debt to reduce capex, improving ebita.
hope gens do capital review and utilise it cash and issue debt to reduce capex, improving ebita.
murky waters..
sgng123 ( Date: 09-Jun-2026 11:18) Posted:
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Currently genS got uncertainty hanging over stock price.
Casino renewal affect trading sentiment.
RWS2.0 financing affect profitability and dividend.
If genS management finally wake up and use debt to finance RWS2.0
Improvement to ebita and net profit.
Unaudit 1Q 55% could turn into 50%
Cos they got S$3.2B cash pile, no place to spend.
They got problem running a listed company, they running GS
like family business everything self fund, no debt and dividend given
as and when they feel like it.
They got problem running a listed company, they running GS
like family business everything self fund, no debt and dividend given
as and when they feel like it.
Wah Sir, why GS still SBB?
halleluyah ( Date: 08-Jun-2026 17:45) Posted:
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SBB 1.5M
Yes Sir, no counter is spared..🙏 🙏 🙏
tongphlp ( Date: 08-Jun-2026 11:37) Posted:
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Big red everywhere no escape.
Tech selldown and rate hike fear.
Damn genS did not benefit from tbis rally instead got hammer by
rws2.0 high capex.
MBS fear samething in 2027, high chance sg gov would give it a provisional licence
to force it to spend more on tower4 lol.
sea of red
sgng123 ( Date: 08-Jun-2026 10:51) Posted:
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Tech stock selldown in US hurting regional everyone kanna 3-5% drop lol.
Part and parcel of stock market, just need to endure for now.
Hope RWS2.0 financing is in progress instead of self fund.
Issue debt and utilising the cash pile to fund it would adjust profit margin.
genS problem is they don had a proper debt financing plan.
Got so much cash and not utilising it to lower capex and improve
net profit.
Zero debt and too much cash is hurting trading sentiment.
SBB for many companies tomorrow...
sgng123 ( Date: 05-Jun-2026 18:44) Posted:
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Need a more sustained and steady sbb - Singtel is a good example
sgng123 ( Date: 05-Jun-2026 18:44) Posted:
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