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RWS Hefty Loss

Merl Haggard

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Genting's S'pore's Q1 hefty loss!


Q1 2010 net loss ~ S$396.3 million.

At this rate, Gentings Sp is going to lose S$1.6 billion for this year!

My source, Mabel Lee regarding Gentings Sp's huge loss has been spot on.

Gentings S'pore will be calling for another rights issue.

Remember three days after RWS opened for business, LKY blatantly lied
that RWS made $3.8m - $4.5m on each day.
 
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When I stepped into RWS, deep down in my gut I knew that it is gonna lose money. But in my hand and all my allies and families members are holding a lot of Genting Shares.

So I need to create a smoke and then throw all my Genting shares in the market so that I dont lose money.

And the smoke I created was very successful as there are many suckers in the market that take my bait.

Now I can sit back and relax as all Genting shares had already let go and I can go and have a teh taik with my prataman now.

Hahahahahahahahaha!!!
 
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When I stepped into RWS, deep down in my gut I knew that it is gonna lose money. But in my hand and all my allies and families members are holding a lot of Genting Shares.

So I need to create a smoke and then throw all my Genting shares in the market so that I dont lose money.

And the smoke I created was very successful as there are many suckers in the market that take my bait.

Now I can sit back and relax as all Genting shares had already let go and I can go and have a teh taik with my prataman now.

Hahahahahahahahaha!!!


Good one Nick!

Many men in the streets are going to get hurt not only by
casino-gambling, but Gentings Sp plunging share price!
 
how is it possible that a casino is losing money?

the odds are always on the house.

operating loses?
 
how is it possible that a casino is losing money?

the odds are always on the house.

operating loses?


Some days win and some days lose, but acccording to my inside info, operating cost of $3m - $4m a day is constant.

Rights issue is on the way!
 
how is it possible that a casino is losing money?

the odds are always on the house.

operating loses?

I estimate the operating cost for RWS is around $3m~$5m/day. The operating cost do not included bank loan/interest.
The Theme Park will bring down RWS and very soon less than 3 year have to close down Theme Park.
 
3-5m to run the place a day?!

how much revenue are they churning a day?

theme park is basically a number game. volume. got to move certain amount of people in a certain amount of time. then the food, drinks, etc. get them to consume. and spend on the souvenirs - T-shirts, caps, big/small items.

i would have thought their main stream of revenue is via the rollers. i remember reading something like the ratio of 3% space, generating over 90% of the revenue. or was it for MBS?
 
all casino need some form of local support, they cannot relies on tourist alone.
by forcing local to pay 100 for 24 hours, which is badly done.

but it is good news that pap have have black eye because of this bankrupt casino.

building casino during recession, genius move by pap.
 
Inside RWS and marinda gambling dens.......90% local sporns --HDB uncles and aunties, and taxi drivers !

where got hope like that---no one can tell lies about it.

but veri funny , ah loong went in pay $100, he said he neber gambled, he never lost----hahahaha....so childish....why he gave gambling license?

After the Dogs read this message----RC people will work hard to get more por lumbars over .

you see lah, the lick-lumpar straight times will say RWS big profits....sure one....wait the news.

Casinos no win....the whole IRs can close shop oredi......but PAP will go in if it is about to kaput !
 
Genting's S'pore's Q1 hefty loss!


Q1 2010 net loss ~ S$396.3 million.

At this rate, Gentings Sp is going to lose S$1.6 billion for this year!

My source, Mabel Lee regarding Gentings Sp's huge loss has been spot on.

Gentings S'pore will be calling for another rights issue.

Remember three days after RWS opened for business, LKY blatantly lied
that RWS made $3.8m - $4.5m on each day.

But assume that S$396.3 million is taxable at 7%, it will be approx. S$27 mil in income earned for the POOR. Who is making money..for you!:D
 
I estimate the operating cost for RWS is around $3m~$5m/day. The operating cost do not included bank loan/interest.
The Theme Park will bring down RWS and very soon less than 3 year have to close down Theme Park.

The theme park is just a smoke screen to open the casinos. So to hookwink the citizens, PAP called it a Integrated Resort to defuse the casino objective. Without the theme park, how to call the rat a pheonix ?

Why does one think that theme park or the convention halls are key to the IRs ? These were opened to work-around the requirement of the casino can only occupy certain % of the total functional areas. Look what happened to the theme park and convention alls after the casinos were opened ? Anyone smelled a rat ?
 
Genting's S'pore's Q1 hefty loss!


Q1 2010 net loss ~ S$396.3 million.

At this rate, Gentings Sp is going to lose S$1.6 billion for this year!

My source, Mabel Lee regarding Gentings Sp's huge loss has been spot on.

Gentings S'pore will be calling for another rights issue.

Remember three days after RWS opened for business, LKY blatantly lied
that RWS made $3.8m - $4.5m on each day.

By putting this up, it shows you do not know how to do business and how to run a business operation.
 
[/COLOR]

At this rate, Gentings Sp is going to lose S$1.6 billion for this year!

My source, Mabel Lee regarding Gentings Sp's huge loss has been spot on.

Who is Mabel Lee that forms your source? Did she go to a good school, and is she pretty?
 
The theme park is just a smoke screen to open the casinos. So to hookwink the citizens, PAP called it a Integrated Resort to defuse the casino objective. Without the theme park, how to call the rat a pheonix ?

Why does one think that theme park or the convention halls are key to the IRs ? These were opened to work-around the requirement of the casino can only occupy certain % of the total functional areas. Look what happened to the theme park and convention alls after the casinos were opened ? Anyone smelled a rat ?

No need the smoke screen the 66.6% had already smoked the purple haze, they can not tell a smoke from a fire, or the mist from water, for they have smoke on the water!:D
 
By putting this up, it shows you do not know how to do business and how to run a business operation.


You wanna show and explain to us how good you're to do business?

As far as I'm concerned the bottom line is P/L!
 
Who is Mabel Lee that forms your source? Did she go to a good school, and is she pretty?

Very pretty and slim looking. You wanna fuck her, go up to the high stakes floor located upstairs and ask for Mabel Lee.

Chances are she'll let you fuck her after a few meetings.
 
By putting this up, it shows you do not know how to do business and how to run a business operation.

In Meri's (and Mabel's) eyes, the business must be making $$ from day one. Things like amortization of assets, startup costs, one-time costs etc etc all not in his dictionary.

Anyway, the Genting shares are holding up well in the stock market. Looks like everyone in the stock markets are idiots except for Meri and Mabel.
 
In Meri's (and Mabel's) eyes, the business must be making $$ from day one. Things like amortization of assets, startup costs, one-time costs etc etc all not in his dictionary.

Anyway, the Genting shares are holding up well in the stock market. Looks like everyone in the stock markets are idiots except for Meri and Mabel.


You obviously are not aware of syndicates and manipulators in the local share-market which the relevant authorities are instructed to shut an eye on the manipulation of Gentings Sp.
 
Very pretty and slim looking. You wanna fuck her, go up to the high stakes floor located upstairs and ask for Mabel Lee.

Chances are she'll let you fuck her after a few meetings.

Hahaha you obviously think I must be from the other forum right, when I know practically nuts about it? But in any case, you haven't answered me when I asked if she went to a good school :);)
 
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