The next financial report will probably be showing lower / shrinking revenue as D&O can no longer sell the affected products which is for the headlamps.

thats the difficult part with Gent's corporate structure, Vin. hundreds if not thousands of companies :) Not easy to see what's going in Empire. The link seems to be the only source talking about it. Gent owns 73.13% of GenM and that means a higher profit/loss attributable to owners; flowing into Gent if you will.

Is it confirmed? If the previous announcement which is selling of the non-gaming assets to Sullivan County and how Empire plans to use the proceeds remain the same, then, it is definitely a GOOD news, Vin. Here's the logic - Empire has a 300mil bond expiring end of 2026. The proceed from the sale (~525mil) can then redeem the bond. And the previous announcement mentioned that Empire will buy the land outright from EPR properties and becomes the land owner for 200mil. Balance proceed will be around 25mil. These transactions strengthen Empire's balance sheet; reduce debt, lower interest and get to own the land.

no explanation in the report either. preserve cash for capex?

cooler heads prevail

continue to keep warm (stay away) and reassess after May

Boss should appear in the media soon. additional 4mil customer deposits received in q4. fy2026 should be a new record for its revenue.

hi huathuat, I will continue to hold this stock unless the ops margin says the opposite (<5%) and Irelia exiting. as for strategy, risk off mode in q4 and risk on mode in q1&q2 according to the seasonality.

I have no idea what he is aiming for but here's my perspectives which could be wrong based on the numbers, Eddy. The boss is telling the funds/insti that he is managing the situation and within control. Lol, no pun intended. Here's the logic - GenM nosh is at 5938.04 mil and 7 cents dividend translates to 415M payout. But Gent owns 73.13% which means 304M goes to Gent and 111M goes to minority shareholders. Gent nosh is at 3876.90 mil and 5 cents dividend translates to 194M. Gent is receiving 304M but paying out 194M and keeping 110M. (1) 1st message is probably to tell the funds/insti that he is strengthening Gent's balance sheet. Now, its an open secret that Gent's capex requirements for the next few years will be high and RWNYC table games is targeted to go live sometime mid of this year. There is the situation of the timing of capex needs (outflow) versus prospects of recovery from RWS / RWLV / contribution from RWNYC table games (inflow). (2) 2nd message boss is probably hinting to funds/insti - Stay with Gent and I am retaining the cash within Gent and managing the cash flow of the group. Boss is paying out modest div but conservative to maintain investors confidence given the capex needs timing; manageable if you will.

that's true, restia. trust the management and company is probably popularised by warren buffett value investing approach but unfortunately not easy to find. And news/event driven trades is so common nowadays.