No impairment lost...all is pure operating losses. OMG

Superb result... It shall meet Uncle KYY golden rules

US Fed signal patient hike rate. USDMYR drop from 4.14 to 4.09

Fox sue Genting breach of contract. If they win, the previous sue case by Genting no longer valid. Fox Disney very cunning.

USDMYR 4.095 still dropping

USDMYR 4.095 still dropping

USDMYR 4.09... Still dropping.

USDMYR 4.09... Still dropping.

Human is always irrational. The court case sure win. Disney could spent USD71.3 billions buy over 21st Fox Century. USD 1bil is sap sap shui for them. After Genting received money, can always work with other partner for theme park. Business still continue.

Weak QR is expected... Insider already throw from 0.70 to 0.3x. Bird flu in Sabah already known earlier and now reflect in the QR. JV with NH Food commence 13 Nov (already published in newspapers earlier). The only concern is USDMYR.

When hit FDA.. Drop from 1.02 to 0.7...Now released from FDA. Rise back 30 cents?

If I'm LKT, I will loose the requirements for being VIP customer.

http://www.klsescreener.com/v2/news/view/456724

Last 2 QR revenue and profit rising strong due to Zero GST... Many had spent before SST.

Miss earning expectation... Suppose have double digit grow

Today is T+3... Need to clean up contra player before can go up further.

I saw some people said young people these day don't go Genting much. Many is old people. I agreed.

Genting boss also realised this much early. That is why spent so much money revamp the whole Genting. New cable car, New indoor and outdoor theme park, Premium outlet, Sky Avenue shopping mall, Sky Casino... Etc

They are serious to revamp the whole entertainment industry.

When GENM post last QR... It is damn good... But share price no go up... Fund house already suspect new government will increase tax. They buy popcorn and wait for the show. That time traded around RM5.0x.

Then last week drop down to 4.29. Big player already wind on increase gambling tax. Some of the price already factor in.

Till LGE announced budget. Increase 10% tax. Personally I forecast most drop is 20% From RM5.0 level... Fair price should be RM4

Anything below RM4 is good buy. Due to recent market behaviour, market lost confidence due to many factors (US trade war, new government cut budget... Etc)

Today limit down is greatest opportunities.

Saw a lot bargain hunter here keep lure everyone to sell on Monday... Lol...

Profit margin drop a lot

Ikan bilis oversold last few weeks... Boss stop selling warrant... Time to rebound high...

When market collapse... Consumer stock is best defending counter. Human still need to eat chicken and egg.

New government may impose higher tax to gaming industry to cover Government debt in coming Budget plan 2019

Petrochemical yesterday big volumes sell down. Something wrong in this industry

Read my post earlier... New factory usually lead higher depreciation cost... Crude oil rise so fierce... LCTITAN not fast enough pass the rising raw material cost to customer. Expect further losses.

Why no limit down?

Suspect the one off logistics expenses is due to FDA... Sigh

Director can tell why they sold so many warrant?

If they know QR is bad results... No need show off 28k lot selling at RM1... Direct sell only

Yesterday big volumes sell down is due to this... All these subsidiary company declare bankruptcy

The Board of Directors of GENM wishes to announce that the following indirect wholly-owned dormant subsidiaries of the Company duly incorporated in the United Kingdom (“Subsidiaries”) had been placed under member’s voluntary liquidation pursuant to Chapter III, Part IV of the Insolvency Act 1986, United Kingdom on 18 September 2018:

Cotedale Limited

Crockfords Club Limited

Cromwell Sporting Enterprises Limited

Gameover Limited

Harbour House Casino Limited

The Colony Club Limited

Tower Casino Group Limited

Westcliff (CG) Limited

The member’s voluntary liquidation of the Subsidiaries will not have any material impact on the net assets and earnings per share of the GENM group for the financial year ending 31 December 2018.

This announcement is dated 19 September 2018.

New factory commence operation in 1st September. Expect high depreciation cost.

It is funny too watch how market reaction these day. LayHong produce chicken and egg. No matter how trade war escalate, human still need to eat.

Sabah bird flu outbreak is under control... Corn and Soybean meal price had drop... Key player reduce egg production to curb with over supply issue. Supermarket egg price going up already... Soon back on track...

Several days ago... All said cannot see bottom yet... Now said cannot see sky limit... Lol...

Right issue is the only way to save JAKS... 50mils deposit eaten by Star Media... Very pain le.

From FA view... They have many chicken farm... Only Sabah side got a bit problem... 1 farm can cause 50% discount... Where to find?

From TA view.. Yesterday daily chart show Bullish Engulfment Candle... With big volumes support... Significant reversal signal

When discount no buy... RM1 only buy... Why le

Going for technical rebound now

Evolve Mall is the culprit...like vampire keep draining the blood unlimited

If no land disposal gain 5mil... This QR really not good

All insider already sell like mother not recognise since 2 weeks ago... Now only sell... Too late lo... Price already factored in

KYY: As we have sold about 45 million shares, we don’t have any more margin call. Let us see whether the price will go up today if I do not sell.

No more margin call doesn't mean will not sell further.
No sell today(Friday) doesn't mean will not sell next Monday onwards.

Coming QR expected not good... Chicken feed import from US... USD strengthen... Higher cost...

QL no affected by bird flu in Sabah?

Free fall now... Keep force sell

JAKS lose 50mil bank guarantee vs TOPGLOVE lose 670mil impairment lost...

Just like JAKS... Lose in court case... Hopefully no people kena force sell

RM1 is very critical support... Break below hence next support level at RM0.8