All minority shareholders should turn up full force and say your bits eventhough online. Vote out those irresponsibe for poor investment and spending our money without thinking of the minority shareholders who have supported them for years !!!!
1 min say sold Miami land. Nxt min say unsold Miami land. How can GB release such conflicting news. This can be construed as misleading. How to trust them ?
@Sifu neohts. Now no more shout for 5. I am more support to what @Sifu eagleye says. Genting is no more for investment but trading and speculative oriented
@Sifu cheated. Dunt know no prediction. For me myself I am holding cash but for those bought at high, I think they are like what you named yourself, get Cheated.. Hahaha enjoy your day👍
The Genting group companies' operations have recovered from the impact of the Covid-19 pandemic, and its earnings are expected to further grow, albeit more gradually, according to S&P Global Ratings
This is what S&p commented before. Honestly, did you see any change in terms of either business performance or share price? I personally doubt its prediction
According to his previous prediction. Genting should reach its pre-pendemic edbita by 2023,but whats the fact? The group still facing an unstable financial performance haven't counted in if there is any possible kitchen sinking
My personal view, genting can back to his glorious only if there is no any impaired losses thus push up it np then react to the share price. The occurance of impaired loss is highly unpredicted
Moreover I dont think the boss could progressively push the company to the funds or he is fully satisfied with his hundreds of million renumeration annually and ignored the benefits and priorities of minority shareholders. If like that, we as minority shareholders can do nothing
Investors have lost confidence in Genting, after the getting The boss got Genting to buy Investment in Empire resorts from LKT private investment vehicle…at a profit when Empire is making losses! This is basically fraudlemt in my opinion ….or at least unprofessional and the investment ,emt should not have been approved but for significant share holding by the family. It does not end here, as Empire needed fresh funds for working capital further investment was made by Genting….this was picked up by Kenaga and May bank analysts and in my opinion Genting has continued to under performance since than. It shows the boss does not care and can use listed company as his piggy bank. Significant governance issue surprised this kind of behaviour is accepted by the Bursa.
Hahaha thats why our no. 1 promoter @Sifu michael hide up deeply inside the jungle. Is really out of his expectation. No face liao. When the price is up, bla bla bla so much, when it is down directly dissapeared..
Genting is not doomed, for sure. It is simply useless lites company. It behaves like a private company and boss has dealing in his private company, hence party related transactions. Private entity of Boss uses listed Genting entities as cash cows …. No pressure or desire to do anything as they make money through share manpualtions, high salary, share dumping, party related transactions at disadvantage to Genting the listed entity. In fact they should be allowed to be listed… this my opinion. It Genting was to be sold it probably will get 8-12 RM per share assuming a buyer is there. This is a reality, Genting set up to serve the interests of its major shareholder and his family. Needs western educated professional CEo to run the business sadly I hate to say this! Totally corrupt set up.
Its human nature to take care of his own pockets first except he really milking way too much. Worse are those RPTs that shortchange minorities way too much.
Genting is not doomed for sure! Basically it is a useless Listed company, it essentially behaves like a private entity of LKT and family. Genting is not independent and certainly not governed independently. Boss has been ceo for ever and so. Deputy ceo! The independent board members are all yes men! Genting listed companies function as a cash cow for LkT private company. There is no incentive to do anything as boss is happy with his wealth generation using the listed entity, through share manipulation, party related transactions getting rid of loss making companies from his private investment to Genting. Makes losses on Genting cruises business and dumps large no of Genting shares to cover losses in open market. Pays high dividends even when company balance sheet does not justify it as he needs money for other things! This is the reality. Genting needs a western CEO or a foreign who is a professional manager from outside the industry! So on conclusion it a corrupt set not to serve the interest of listed company shareholders. Best hope for shareholders is selling of the business which can attest valuation of 8-10 RM at least. But this won’t happen. He won’t even try listing in US despite US business as listing won’t get approved and he wont be able to govern as he does now!
genting if keep perform like that very hard to get thai casino lisence . to investor you re failed to goverment they need some company can help generate more tax you also failed . performance like that it will detroy genting branding only at the end earn gula lose 1 factory
if i m goverment i will choose the most efficient company of course you can offer list in thailand casino share profit with thailand citizen like singapore but your share price performance and result is underperformance compare to peer . hope management can realise this issue for thailand casino lisence this is very important
you have to bring them message that genting can create more value to local shareholder and goverment compare to other peer . japan macao lisence lose nevermind but thailand lisence you cant lose the bid this is very important
genting singapore share price also never growth dividen also lousy this is very bad portfolio to convience other country . sands is comfirm sure will obtain lisence because they make iconic in singapore they generate more tax to goverment they also create value to shareholder .
Everyone put too much hope on genB. End up Taurx mayb fake & somemore miami land deal all con shareholders, at the back LKT keep disposing. I better sell & switch counters. No hope for genting counters...i tink upto LKT generation already finish....
Taurx not fake, HMTM confirm can halt / reverse AD. I think FDA AA got good chance. Just agree to whatever FDA wants to secure the AA first. Settle the blue pee placebo problem later on. Taurx shd spend some money to seek advice from expert food colouring company to help design out a blue colour pill that can give out blue pee. How can use methylene blue compound again as placebo??? Its the cheapest n easiest solution but its actually an active ingredient against AD.
Price still stuck at 4.4x, where others already at all time. Making money company but invested to much on others in uk & us. AGM must ask LKT relinquish him ceo & appoint others more capable.....
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Bochiakak
174 posts
Posted by Bochiakak > 1 week ago | Report Abuse
All minority shareholders should turn up full force and say your bits eventhough online. Vote out those irresponsibe for poor investment and spending our money without thinking of the minority shareholders who have supported them for years !!!!