https://www.malaymail.com/news/malaysia/2023/12/23/covid-19-cases-increase-by-29pc-for-dec-17-22-compared-to-previous-week/108977

@ pang72, May I know whether or not you are still holding GENTING?

When it opened at 2.30 pm, it was a gap down open. I think this Covid variants spread is very serious.

Syndicates pump up all the new IPO shares like MERSEC, CHB, MERSEC and MINOX. When they start to dump, it will be like HARNLEN.

Will reach RM1.00.

Still can close at 4.66 despite the heavy selling pressure. Tomorrow it will begin with 4.62. Don't know what strategy is that.

Does not look good. Sellers are selling in high volume.

@pang72, you said after YTL and YTLP have settle down, then some funds may transfer to Genting. In your opinion, have YTL and YTLP settle down?

Why Genting never fail to be in red every morning with low volume?

Very depressed. I sold my YTL an only RM1.59 and dare not buy back (When sold, the news of AI has not out). So, I shifted to Genting after knowing that Dragon328 bought it in January 2023. Seeing YTL keeps going up and Genting keeps going down makes me feel very depress.

Genting Singapore has broken $1.00. Now at $1.01. But our own Genting everyday drops with high sell Q and low volume.

@pang72: Drop again to 4.56/4.57. Disapponted.

Quite worry next week:
https://theedgemalaysia.com/node/693317
Hong Kong’s stock slump triggers wave of brokerage closures.

https://theedgemalaysia.com/node/693315
Bursa expected to stay in consolidation mode until global economic outlook's clarity surfaces.

I studied the chart of Genting for end of 2022 and beginning of 2023. Not much movement at the end of 2022, but it ralled for January of 2023. Probably it will repeat the rally in January 2024.

Well done YTL and YTLPOWER. Finally, these two stocks wake up and rally. Don't know when is the turn of GENTING to have the same type of rally?

When will Genting wake up from hibernation? So boring.

Today at 4.55 pm, someone put 766500 sell Q at RM4.61. And in 1 second, they were eaten up. I think it is just for fun. Self short sell and self short covering, just to create artificial high volume.

There is a doji star formed at the bottom of this correction period. It will turn upwards soon after Riaz1954 big seller finish selling all his/her Genting shares.

The final week of December 2023 (window dressing) and the first month of 2024 (restructuring of portfolio) will help the blue chips counters. And the long awaited February 2024 (positive announcement of the 4th quarter results) will be an upward trend. I think by that time, the particular stockist seller mentioned by Riaz1954 should have sold all his/her shares.

It seems that our KLCI follows HSI. Moody's cuts China credit to negative.

Buying a great company (Genting) with a robust outlook at a cheap price is always a good investment. Genting's earnings over the next few years are expected to double, indicating a very optimistic future ahead.

@pang72, do you think 2nd session got show or not? Genting always down first to cuci, then 2nd session it will be pumped.

Hope Genting can perform like SCIB (consecutive 42 days up but money losing company), HARNLEN (consecutive 32 days up but money losing company) and JSB (consecutive 48 days up but money losing company).

Should be a fund manager bought up 5.37 millions shares at RM4.68 from 4:45 pm to 4:50 pm = RM25.1 millions on 30 November 2023. What this fund manager will do with this huge purchase?

S & P (+ 27 points - new high for 2023) Dow Jones (+ 295) and Nasdaq (+ 50).

Now got to wait for December window dressing.

Drop for second consecutive day. I thought the free visa can be a catalyst, but it is not.

Now the next catalyst is window dressing end of this month.

Dow Jones went up 520 points. I do agree that this is the beginning of a bull run. 1st December 2023 is the start of the free visa for China and India tourists. Let the Genting casino be full of gamblers.

1 December 2023; Day 1 of 30 day free visa for China and India tourists. Now 4.68. Please break 4.73.

Q on Q: Down for four consecutive quarters. But Y on Y, up slightly.

Hopefully tomorrow 1 st December 2023 will be a better day. Last minute, don't who go and push it from 4.64 to 4.68?

@ dompeilee, what is the short sellers amount now (30.11.23 11:00 am)?

Hope for a formation of head and should candlestick.

Big price correction. Be patient. Tomorrow is 1 December 2013 already. Shoud rebound.

Record high ptofit but share price turns red at 0.785; despite Aminvest put a target price of 0.95.

Wow! Record high results. Tomorrow will hit limit up.

3 consecutive days of rise. Why not keep until February 2024. For sure fat high earnings.

@Riaz1954: Likewise YTLPOWER; According to Ooi Teik Bee (OTB) it should be trading at RM4.87 and not only RM2.30. Using very complicated mathematical calculations, the price should be RM4.87. This type of complicated calculation suits overseas mature share markets which is achievable but not in Bursa Malaysia. Very disappointed.

During pre-pendemic of Covid-19, the best was in Janiary to March 2017 where foreign funds bought Genting shares from RM7.50 to RM9.75. Tony Fernandes add flights to and fro for China and India. Hopefully, this is another catalyst for 3rd rise in a row.

RM4.60 still on the left Q. Tomorrow hope it could stand the selling pressure. And could go up for the 3rd day in a row.

With so many short sellers, difficut to rebound to pre-pendemic days. 😥

@ jerichomy, no worries, Ooi Teik Bee won't choose this type of blue chip counters.

@ Alex Chua, free visa is two ways, China offers 15 days free visa for Malaysian and Malaysia offer back 30 days free visa to China tourists.

@ tothemoon1218: Genting C2O is issued by CIMB. But CIMB do not provide warrant matrix. I mean when the mother share GENTING is RM4.53, what is the price of GENTING C2O should be? All the other investment banks got provide warrant matrix. Kenanga, Maybank, Affin & Ambank except CIMB. Kenanga is the best because it provides the time decay as well. How to trade CIMB co-warrants without warrant matrix?

Yes, INCOME & JEPUN: It is true that YTL and YTLPOWER are acquiring RANHILL shares from the open market. Can buy RANHILL already before it breaks RM1. YTLPOWER forum also got mention that it is trying to have > 50% RANHILL shares.

Very good 3rd quarter results. Should break new high with higher volume next Monday.

Very good 1st quarter results. Next Monday should rebound with high volume.

I bought GENTINGC21 provided by Maybank. Its time decay is only -0.0001. 50 days time only drop 1 bid. It is really Casino de Bursa.

@Dragon328. Thank you for the good writing. Today YTL will fly.