@ATK You got stake in GenS? also any update on Taurx approval? any tips for us on the expected timeline? :(

@AngTayKor, may I know what is Taurx's valuation at USD300? and what would be the projected IPO price?

@AngTayKor thank you very much for the update!

@AngTayKor What's the next steps/ news for Taurx? When will we know whether they succeed/fail? MAY FY2023?

https://www.freemalaysiatoday.com/category/nation/2022/11/24/anwar-is-malaysias-next-pm/

@AngTayKor Thanks for sharing. Hopefully my small investment in Gent can get some spill over upside from Taurx too.... I personally think that Gent is severely undervalue, analysts have been giving 50/60% valuation discount due to it being a holding company.

@AngTayKor What's the latest update for Taurx? Any plans for IPO or tradesale opportunity to other biotech/pharmaceutical firm? and what's the expected/projected valuation for Taurx now? any indication from the management?

@AngTayKor Thanks for sharing the information. where do you find all these information? can share the source/link? I am very interested to read more about it.

https://www.cnbc.com/2022/09/26/jefferies-upgrades-las-vegas-sands-and-wynn-resorts-as-stocks-soar-on-macao-reopening.html

https://www.cnbc.com/2022/09/26/stocks-making-the-biggest-moves-premarket-pge-lyft-las-vegas-sands-more.html

Just sharing :D

Disappointed with (loss) attributable to ordinary equity holders, but I've checked that the EBITDA of RM2.0B for this quarter has already recover back to pre-covid level (FY2019 & FY2018 average about RM2.0B EBITDA per quarter too).

Do let me know if I've missed out anything :D

Let's hope that share price slowly climb back to Pre-covid level (RM7 - RM8 per share?)

Good luck everyone! Hold On Dear Life! HODL!

https://www.cnbc.com/2022/08/12/asia-tourism-indian-travelers-more-confident-than-japanese-aussies.html

Next catalyst: China opening their border....

@emsvisi I think if GENS can sell at 1.0x to 1.5x PB is good for Genting Berhad to unlock its value, and hopefully got Special Dividend too.

Majority of IBs value GENS at RM4.00 per share for GENT (at avg 8x EV/EBITDA), but gave a steep discount of 40% ~ 50% Holding Co. discount.

@1invest1,

Totally agree with your points :D

https://www.cnbc.com/2022/07/13/casino-ceos-say-the-industry-isnt-yet-seeing-signs-of-recession-but-is-prepared-for-a-pullback.html

Sharing it with fellow investors :D
HODL HODL HODL

https://www.gosugamers.net/dota2/news/57806-genting-highlands-to-play-host-to-the-first-dota-2-lan-in-malaysia-since-2018

@choysun Yes, Golden Cross! Finally!

Can anyone share JP Morgan's latest research report here? Thanks!

https://cdn1.i3investor.com/my/files/st88k/3182_GENTING/pt/KENANGA/3182_GENTING_KENANGA_2016-04-01_HOLD_10.04_Genting%20Bhd%20-%20Time%20To%20Take%20A%20Breather_1364557478.pdf

2016 Kenanga report on additional value coming from Taurx. RM3.31/SHARE

Hence all IB's TP need to add another RM3? Revising TP to RM9.00?
Even after 40% holding co. discount, IB also need to add RM2.00(Contribution from Taurx) to their previous TP, which projected to be RM8++? :D

@emsvsi nice observation on EBITDA and CFO figures :D

@Stocksafeplayer
Can share JPM report or link? cheers

Genting Berhad 10 Year P/BV mean = 1.34x

That translate to RM11.45 per share!

Good luck everyone!

Genting Bhd TARGET PRICE (27/11/2020)
1. CIMB: RM6.40
2. RHB: RM5.86
3. Kenanga: RM5.70
4. Public: RM4.60
5. Hongleong: RM4.29
Based on the above, AVERAGE TP = RM5.37

Just sharing some information, not a recommendation from me.

Also, Can someone share the Bloomberg consensus TP? or other IBs research report (Maybank or International research houses report?) Thank you