4th quarter results was a car wreck, as net profits fell 30%~!!! As investors were expecting some growth for the full year, they are in for a big disappointment to see a 10% decline in full year earnings. I think the biggest reason for their decline was their bad debts, which jumped to 262 million from 185 million a year ago. Maybe they are just too loose in giving credit to their VIP players to gamble, their desperate attempts to pull in business turned out to be more risky than expected. The 1 cent dividends is also pathetic, presenting just 1% yield for a Blue Chip company. I think they should raise dividends to 2 or even 3 cents but it seems management is more focused in rewarding themselves than shareholders. Lastly we should see some heavy selling tomorrow as there doesn't seen to be an end to its super ......