apahal today sudden jump ah? ada kena loteri ah?

hahaha. 0.06 most probably

0.60 coming?

At least MYEG, director come in buy back, got see action of confidence in its own share. Iris.....no buyback at all...no confidence? or owner sendiri already know something is not in order...

topglove shooting up...a sign for new pandemik. Hence the digitalization of currency is holding more ground to be hasten. Myeg will be the future blue chip

IRIS and its gang under MACC.

https://www.malaymail.com/news/malaysia/2023/02/15/report-macc-to-probe-muhyiddin-over-bersatus-funds/55023

eventually, we are going to replace bank notes with digital currency very soon. more and more country is transitioning. its inevitable. by then we all will do all the buying and selling using an implant chip under our skin. the ultimate goal here is an universal currency, One world currency.

A big fight in parlimen today on myjpj online security issue. So...fasten seatfelt for take off

I believe today a lot of people missed the boat, and almost committed suicide. But good thing they dint do it yet bcos they are still here in this chat room talking.

Ha... Where are the nay sayers now... Hide adi. Come say more negative things Pls... The more u say, the more upside it is..

as usual epf will buy back..and then rocket up lo.

that's y i said got liars here. Talk this talk that, quietly go long...aiyo....market is always right one.

Many liars in chatgroup. Can detect.

today waterfall very nice

Iris coming down while MYeg backing up

even though EPF and KWAP dumped 66mill unit yesterday, there are takers - more like changed hand. and share price still up. as usual, EPF will buy back...then shorties....haaa...

James Bond is a smart investor.

batch 2 and batch 3 scooping done. next batch 4 and batch 5

ok, first batch of scooping done. Next Several batches coming.

The only thing that can push down the price is not short seller, but Our Press news. The price now is already at Super oversold.

when it open, shorty tried to push down, but whale ngap!!!! back up and up and up

there are whale scooping up 0.60 - 0.61

another serbaD in the making. game over

Also a General practice Contract Term in any field is mandatory to have a clause of no Sub-contracting. And this high profile contract seems have omitted it. What the hell.

I think this PDPA issue is already too late for rescue when many of us is getting unknown scam call or bank call pushing their products. Its too late by now. its already in the circulation.

One more news on IRIS on investigation/SPRM/scandal...then it will break 0.100.

Again, the shareprice seem steady at 0.605. But do not underestimate Bigmouth. Bigmouth is more powerful than shorty.

But if sudeenly the extension of MYEG to 2025 granted. Then fly up again. such is the Golden rules of Bursa. The Big Mouth Phenomenon. So we will see which Mouth do press conference first from now on.

got project, then now want to sell off.. what craziness is this? isnt it obvious there is Lobster behind the rock?

Share price is steady now...unless some bigmouth do press conference again. then sell down again. Illogical reaction.

scoooop scoooop

PETALING JAYA: Casinos in Malaysia and Singapore are expected to enjoy a buoyant 2023, with the return of China tourists, following the full borders reopening of the world’s second-largest economy.

This is set to benefit Genting Bhd, the largest casino conglomerate in South-East Asia, with interests in power, plantations, property and oil and gas sectors.



Through its 49%-owned Genting Malaysia Bhd (GenM) and 53%-owned Genting Singapore plc (GenS), which operates Resorts World Genting (RWG) and Resorts World Sentosa (RWS) respectively, Genting is expected to see strong earnings recovery this year on higher contributions from the two subsidiaries.

According to Maybank Investment Bank Research’s (Maybank IB) estimates, GenM and GenS could contribute about RM1.2bil and RM1.1bil, respectively, to Genting’s earnings this year.

The brokerage also expects GenM and GenS to contribute 33% and 38%, respectively, to its sum-of-parts-based target price for Genting.

“Genting is a good proxy to GenM and GenS’ earnings recovery,” Maybank IB pointed out in its report.

It maintained “buy” on Genting, with a higher target price of RM5.64 a share, as compared with RM5.59 previously.


STARPICKS
More Socso benefits for many
The research house also maintained its “buy” call on GenM, with just a slightly target price of RM3.04 a share, as compared with RM3.03 previously.

As for GenS, it recommended “hold”, with a higher target price of S$0.94 (RM3.04) a share, as compared with S$0.88 (RM2.84) previously.

Maybank IB said there would be three themes that would shape the casino sector in 2023.

Besides the return of China visitors, which would benefit GenS in particular, the downstate casino licence tender in New York in the United States would also be an important theme, with GenM seen to be in a good position to win one.

The third theme would be the potential legalisation of integrated resorts in Thailand, which would pose a threat to GenS’ RWS expansion plans if the liberalisation of the Thai integrated resort materialised.

The overall outlook for casino stocks remained “positive”, regardless of the challenges ahead, Maybank IB said.

“As RWG makes available the last 2,500 rooms (total: 10,500 rooms) this year, we expect GenM’s earnings to continue improving. Hotel guests spend way more than day trippers due to longer lengths of stay and play,” it explained.

“We expect RWG to welcome 26.2 million visitors in 2023 (2019: 24.2 million, 2022: 22 million), thanks to Genting SkyWorlds theme park.

“RWG’s margins also ought to expand to 34%-35% from the estimated 31% in 2022, as it employs more automation and fewer staff,” it added.

Maybank IB said if GenM, through its unit Resorts World New York City, bagged a New York downstate casino licence this year, the target price for GenM could be raised by 53 sen per share per licence.

As for GenS, the research house had previously assumed that the mass market gross gaming revenue (GGR) of RWS in 2023 and 2024 to stabilise at 90% of the level in 2019.

It now assumes that RWS’ mass market GGR to recover to 100% of 2019 levels.

The brokerage added that while Resorts World Las Vegas would continue to lag, it would pose no impediment to the recovery of both GenM and GenS, which would drive Genting’s medium-term income.

Maybank IB projects Genting’s earnings before interest, tax, depreciation and amortisation (ebitda) to rebound 97% year-on-year (y-o-y) for the financial year ended Dec 31, 2022 (FY22), as RWG operated on a full-year basis and foreign gamblers return to RWS.

The brokerage forecast Genting’s ebitda to grow by a more gradual 28% y-o-y for FY23 as more visitors return to RWG and RWS post-Covid-19, and to increase 5% y-o-y in FY24 as China mass market gamblers return to RWS.

“We expect its balance sheet to remain in net debt as Genting has been more progressive in paying dividends,” Maybank IB said.

Now is still Chinese New year celebration in China - 2 weeks long public holiday - China Domestic travelling till Chap Goh May. After the CNY, the next wave is tourism to outside of China, then we will see the tourism sector Boom.

ok. U- turn adi. Should be up back

apa macam down like this. prata prata.

Rsi divergence today

Today just hit RSI top - overbuy....HMMM

this can be a real uptrend...or actually another net catching small fishes...HMMMM

This time it will shoot pass 3.0 or even 3.4. Genting Malaysia is a steady horse climbing...a steady climb marks a steady base building. Higher and higher base...matching back old base one by one - an uptrend is inevitable.

PACKED: Last 2 days i was at Genting for few days. The crowd is back to Pre-Covid. PACKED inside the mall, PACKED outdoor theme Park. ITS PACKED>>>Covid also cannot stop the human PACKNESSS. Shoulder clashing shoulder. China tourist is coming back. ITS PACKED...Gohtong Jaya restaurant PACKED. Cable Car PACKED. Hotel lift PACKED. all parking PACKED. ALL PACKED. Its going to be more PACKEDDDD..SARDIN can also not so PACKED.

Genting malaysia all out now. the final push to CNY.

In Assassin Creed, you call this Terjunan Suratan.

very steady climbing..UP!

big player sneaked in this morning. ada chance.

addd, jangan tak add.

next station = Rm3.40. HLB research

Train left for CNY destination.

US market down last week. Thats is why this morning red KLCI.

3 weeks to cny. Possible up boost after china open up.