honestly i think we end it here, u sat here the whole day replying like u have nothing else to do. u can dream that u are their CMO and help genting plan how they want to enter in A B C sector worth billions on ur free time man talking to u is a lost cuase. U are only good at blowing water and teaching LKT like ur whole networth is dependent on it. EITHER WAY good day i will stop replying to u best of luck

This is the main definition of pattern 多过 badminton, reality is not dream or chatting in a blog like genting CMO. Genting gym, spa and faculties are all so u spend ur winnings there, they dont make it so u go to the facilities then u go gamble its u win in casino then u go to the facilities. Hence most of them being subpar compare to industry standard, u quoting how each sector makes billions is actually useless since for Genting to get a share of it they need to invest 10x of what they can earn yearly into it. Which is a waste, they are casino hiding behind the guist of a hotel not spa not gym not golf sector

Apa la lu, Ur logic go blow water then blow water but at least have some logic can or not? Currently genting open their door people enter gamble their shit untill they lose everything then leave, u quote so much industry gross earning from F&B, golf, spa and gym then advocate genting to invest more money in these sector so they can have a share of its revenue all that so people can gamble while they wait? logic la pls, u spend 10k for membership for 5 star facility then u have to wait 10 min for the masseuse? but u can go gamble for 10min while u wait or maybe get a expensive gym/ gold membership finish doing gym/ golf then go find uncle lim all in a few time then only go home

Judging by how u are so defensive i am guessing u finally see the fualt in ur rhetoric. Ya 5 stars but they dont have a share of the sector billions dollar revenue, ur own data is contridating ur statement. If genting USA current facility is able to compete in any of this sector their revenue will be larger than or equal to genting malaysia. Self proclaiming 5 star but cant charge 5digit in membership fee untill u earn hundreds of millions each year means u are not 5 star.

Genting malaysia also proclaim their spa as 4star but charge 258 for aroma message, its around the same as local shops for god sakes and the service confirm thai shop wins.

Again u are not using ur head, having a facility doesnt mean u can compete for a part of the market share. Read the numbers u posted, it all starts with billions. They have the facility but doesnt have the share and their earning doesnt show it what does it mean? It means either they are not specialised in that sector or their facilities are subpar to get that billions of revenue. So at the end of the day they need to dump more money in.

Its like saying hotel spa rm58/1hour same as the private lounge spa with 5 digit yearly membership fee. Its not the same thing.

I get that ur ego is hurt but man use ur head. A huge sector is huge doesnt mean genting can capitalise on it, if u base all ur plan based on population spending and total revenue of that sector then u will get screw hard. Its no dif then those people who invested in boba tea shop cuz market was worth hundreds of millions at a time and they tot i just need 0.1% of sales then i am a millionaire alrd. At the end what happend? They spent a few hundred k buy into that sector then notice market sector worth 100s of million doesnt mean u will get a share of it and they go bankrupt. Same thing as what u are preeching with F&b, golf, spa, gym and so on.

Golf*

Honestly u moan about genting the whole day today, from lunch to now like genting is ur only life. Thats not the worse part, u compared genting to 99smart after that u became gentings CMO and started lecturing about how a high end casino should be lower their cost to bring in people like mixue. Then u proceed to post statista stats and misinterpret millions and billions all while saying genting should enter gym, spa, gold and F&B. Bro genting is in this mess cuz they keep entering into new markets bruning money all the way and ur great plan is fk casino lets enter into the 4 most high cost& risk sector so people will gamble more? Like maybe sit down then look at what u wrote and ask urself genting screw up their US property and casino alrd what are the odds the screw up 4 more time

"Ignorance speaks the loudest", maybe the 2 of u will understand this phrase someday.

I am rooting for genting to go up but slowly with macro, 1 of u lost all ur shit (i am guessing due to Taurex news), the other teaching genting how to be like mixue when they are a casino...... Both are losers in their respective terms have, time to look at the mirror man.

Naw man, its just facts trump won the US election in a landslide due to their people struggling. Then here u are saying they are not struggling cuz nyc not red yet. Hence in my book all ur credibility went out the window alrd.

Look MM i am just gonna ignore u. I know u got stuck and is pent up with rage but hey man i am betting genting going up just slowly.

CK i dont know if u brought the top and then u are now stuck so u become genting online CMO but sometimes u need to face reality, if their oversea business are doing so good, genting M profits wouldnt be like this. Based on 2024 Q4 9 consecutive report, malaysia hotel/ casino made 5,049 mil US and bahamas made 1518mil myr. 13 years in the US 4 resort with casino and they lose to 1 genting malaysia with casino now they want to build 2 more if that isnt suffering i dont know what is.

My base case is genting will do well in early 2025 when fed drops rate, u can imagine urself as their CMO and count their margin based on the population of NYC but lets just say thats how the people that invested in those boba drink got screwed they used the same maths as u are using

Ur whole calculation is basicly shiok sendiri, its no dif then u calculating the population of kl then say u sell lemonade everyone let u earn rm 1 u become millionaire overnight. Do u see the fualty in this narrative?

Haiya, talking to u is a waste of time. U are not the CMO and u are here counting 100% of nyc population then 50% now 5%. The whole point is they are suffering and no more money to spend on service u count untill warren buffet gv u trophy also bo use.

U still dont understand, i dont blame u cuz u are too immerse into this ticker u are starting to turn into their CMO. Alot of states are now at 20-40% food stamps, to qualify for food stamp u need to work below minimum wage or not work at all. Now put down ur what if calculator and use ur logic for a sec, 40% of certain district can even afford food without the gov help the rest are just barely surviving on their salary after food and rent. Only the top 10% or retiree with alot of money can go to the casino from time to time. Most US citizens dont even have 500$ in the bank 12% have 2000$ in the bank and ur great plan is to say fck the casino lets waste even more money to expand into questionmark ventures (BCG matrix). Chill man let them play it out u dont need to calculate for them u are not the CMO

Bro 50% poverty means shit is so rough half of the city is struggling.

All i can say is that if LKT get the license, secure venture funding for the new casino then somehow manage to do IPO after that buy out US genting from genting malaysia with IPO fund. Then he might actually be playing 4d chess while we are playing checkers......

Chill and let things run its course, we cant do anything if their management want to build new resort and spend 1 bil usd for licenese. U teaching them how to create promo here doesnt do anything. We can only sit here and hope they dont fk up too much.

Bro i would rather u focus on reading numbers 1st over focusing on genting.

4,719. 89 on statista is million not billion so thats a total of 4.719 billion

Total nyc f&b is 54 bil

Total nyc gym and spa is 3.5bil

Then there is NA, why the fk are u focusing on NA. It includes mexico canada greenland bermuda and so on.

Ur numbers are all whack, genting is a casino company hiding under the guist of a hospitality company. They cut their profit from f&b, hospitaly and service so people with disposable income head to the high end casino. But ur idea is to look at all the people there as ur customer eventhough 25% of nyc population is living in poverty 20%-40% of certain district are relying on food stamp. So pls stop with this delusion that u are their CMO, they are in a disparity enviroment with them being in the rich area, the last thing u want months before the license bidding and resort planning is to show signs of weakness by promoting urself to the poor. They spent 13year postioning themself as high end they are not gonna destroy themself for 1 quarter of gain.

https://www.nytimes.com/2024/02/21/nyregion/nyc-poverty.html

https://council.nyc.gov/data/emergency-food-in-nyc/#:~:text=Overall%2C%20as%20of%20April%202024,40%25%20of%20residents%20using%20SNAP.

U are thinking that NYC is like Genting malaysia where everyone can go there when their mood comes, in reality NYC is worse than KL. NYC is now filled with homelessness, crime and jobless illegal imigrant. Resort world is located at a high end area equivalent to pavillion kl. The casino is mainly for high income ballers and tourist, normal everyday people wont really go there, if they want to gamble they will go to vegas or oversea. Ur plan is basicly throwing away its positioning as a high end establisment and turn it into some low end casino in a motel. In reality they dont cant really do much, if they degrade it their district wont be happy that they lower their standard, their gameplan now is to keep the district happy so they can get approval to build their new resort there after they get the licenses

Comparing a multinational brand to a local low float shop lot grocer is a no brainer. They litterally cant do that cuz they are a casino (u cant do unlimited slot machine for 1000, 1 jack pot and lose all ur gains then ur free 1000 chip for poker marketing i suggest u try doing that this chinese new year with ur family with free rm100 and see how it turns out confirm u lose untill u stop gambling the lose u get back 100 they win u lose 200, 400, 800. 99 is riding the IPO hype they will come back down once market realises how tight their margins and operating cost are no need to praise them like they are the 2nd coming of NVDIA.

CK the NYC license is based on getting approval from the district (how much tax u paid them over the years and what u bring to their district) and how much u can bid. In resort world case their district are backing them since resort world has been supporting them for 13years in taxes. However for me i think that they shouldnt even go for the license 1billion usd for the license and another 500mil - 1bil for the new resort in a highly saturated zone is just financial suicide. Then stop this 99smart commendation spree pls, look at their holders 82% is own by boss and friends 17% is own by retail. They are a shoplot grocer with 8-10 worker in each shop. All ur advertising and listing profit feed to the workers alrd. Its just a low float stock

ATK, one of peter lynch theory is that is if u notice a good brand or product widely used by retail u buy their stock cuz thats a hidden gem.... Its not even new year and genting have been getting more and more pack with die hard gamblers these few months. So throwing aside recency bias is the rebound coming in Q4 - Q1?

What just happend, Did someone delete their 700k seller order or did someone brought up all the shares.

Americans retail dont really care about profit and loss they gamble based on forward guidance. If they really manage to IPO in US, all i can say is that it will most likely be percieve well considering resort world have been in the US for 13year and alot of people willingly go lose their retirement fund there. (they litterally bid up chinese IPO companies that has no earnings or equity just becuz of rumours and the ticker is cool)

Large fund are killing the retail shorts, everyone even their grandpa sold or shorted genting yesterday then today they gap up the price straight away to lock them out.

I dont really mind if they dont cut in early 2025 as long as they cut on dec 19 then ok alrd cuz genm net foreign exchange is dependent on it

No need to think for these large fund, they hv quants that forcast months before they even buy. If u look closely even black rock and geode started adding their position from early 2023 till now, we should be able to see their Q4 holding on 31decemeber however my guess is their holding go up cuz only retail selling.

Depend on how long u can wait, if u are hoping genting rocket like 99smart then this isnt the place for u.

For me i am waiting for fed rate cut, genting tend to do well when intrest rate are low and money is cheap (people gamble alot). Even after 19 dec fed rate cut decision u still need to wait untill feb 2025 to see Q4 and annual result.

Then there is also the risk of black swan, fed suddenly panic cut rates and everything crash with it(genting included), but after rates return to 0.25-1% genting will rally like no tmr.

Not suprising, alot of older generation has been going into cash. Global real economy has been slowing, those old people are normally business owner and can tell when we are heading into a recession.

More like fund want them to dump so they can buy. The more retail panic the cheaper they can buy, the only question is why genting berhad. Only catalyst is somehow Q4 genting report turn profit due to forex gain or US casino license bid next year. Either way fidelity and blackrock dont usually lose when it comes to share so maybe the insider know something.

99 speedmart on the other hand has close to 0 international mutualfund, only one holding is JPmorgan with 568k share. The 99smart owner and his group own 80% of the stock so in reality there are almost no funds there only retail buying expensive shares from retail.

Not suprising at all that share price doesnt move, just look at today and yesterday. Retail have been selling non stop to big orderd. If u want to see who is buying just download moomoo they show the data once these firm report their holdings. Fidelity added 10.85 mil shares on Q3, with the ammount of retail selling to large orders not suprising their Q4 holdings go up even more.

Either way*

I dont think its possible for LTK to privatise a specific genting business. For him to do that he will have to break up genting then divide to all the share holder based on stocks then buy back the sector he want at a premium.

On the other hand i think there is something fishy going behind the scene, fidelity sold a large portion of their genting m then brought up a ton of genting berhad, black rock also has been buying up genting berhad. Either they are banking on something big just not sure what it is.

I dont understand why u guys are so scare about genting being bench in KLCI. Open KLCI then u will see if its a good index, "its not a good index". Index is only useful when alot of people buy it however no one buys KLCI index. Look at airport it got bench by KLCI then still outperform KLCI once it got it shit tgt

kaitan, share price stuck here due to the net FX unrealized loss for this year QR report. The FX loss took over this years profit so on face value its not good. Genting 2024 is better than 2023 just the unrealized FX loss eat up all the gains, the moment this FX is settle Genting will be good.

Genting being on KLCI reserve list on the other hand is just to scare retail. If u open KLCI chart u will see KLCI is actually useless its a index that has only loss money in these 10 years.

GEN is the better buy. GENM is only good if LKT win his forex bet for Q4

They are being targeted by PAS for decades due to having a casino license in malaysia. U must be crazy if u think malaysia gov will legalise online gambling, online gambling is the gateway drug to casino gambling, then once u go up u can never stop going up.

By the way their parliment also voted and have lifted the marshall law 190 vs 0. So all ur political risk and is bond yeild risky during mashall law is non existent alrd, they just return to another normal wenesday with gov backing the market untill things die down. Hence nothing burner. Good day

https://www.nytimes.com/live/2024/12/03/world/south-korea-martial-law

Sit this one down man, they impose marshall law not becuase of war or coup they did it becuz of in fighting within their gov.

"After the initial announcement, the president came out with a another statement vowing to back the stock market tmr.

Korean shares and the won then regained some lost ground after South Korean authorities vowed to provide “unlimited liquidity” to markets as needed and lawmakers voted to request lifting the shock measure, which Yoon ultimately agreed to do." Even so, the move, however brief, created fresh uncertainties within a major economy and pillar of global trade, keeping investors on edge." via yahoo finance article last midnight.

Today the south korea index KOSPI remain rangebound to where they were a 2 days ago and the yeild market also remain flat. Long story short it was a nothing burner, come back at me when u have somethibg intresting

This is a good question so if u wonder is it yeild and monetary policy the awnser is yes. Looks like their local big boys knew a few days before hand and they have been pilling into Korean10y for a few days now they bid out all the bonds dragging the yeild down. Their market is currently close now but my guess is tmr south korea stock market will tank and bond go down even more when this trade rewinds in their local timezone (not sure if stock market will even be open since they announce marshall law)

https://tradingeconomics.com/south-korea/government-bond-yield

South korea announce marshal law, french yeilds on the other hand got bomb into oblivion short term and long term messed up alrd.

they are a casino company hiding under the guise of leisure and hospitality sector, this isnt really surprising lol LKT might be planning to become a hedge fund. We always ask how Genting can become relevant again, he said fck casino we are gonna enter wallstreet.

For those that are asking whether there is news soon for genting and genting m, DEC 19 2024 will be the biggest news out there. The FED will have their federal rate decision that day. Genting made 569mil unrealised profit on Q3 of 2024 due to US02Y dropping from 4.76% on early july to 3.64% in late sept. US02Y went on a run on early OCT to late NOV back to 4.3% and have been crashing back down since. Its currently at 4.18% today assuming the fed cut 25-50 basis point on 19DEC like the market projected then his trade would return to 500mil profit.

This scenario is just based on the FED cut and does not account to institutional buyers flocking back into bonds cratering its yeild like what they have been doing slowly since late nov 2024. If they started flocking back into bonds then i think the forex play would be in bigger profit.

Hence u guys can bookamark 19DEC 2024 and see how it plays out, this will affect Q4 report and 2024 annual report.

#the clown cant read QR reports so i tried argueing with him to make him see his fualt but he just kept going into new subjects digging himself into new holes.

Honestly i didnt wanted to make this such a fuss but replying to him is like replying to a kid, u rebute one of his useless view then he throws another 2 - 3 useless view out. I learnt my lesson and is just gonna ignore that clown.

I wouldnt blame the fall of star cruise as the fualt of global competition, it blew up due to covid docking the ships for months. Even bluechips cruise line like carnival (CCL) almost went bankrupt and is barely recovering back to its former glory.

At the end of the day, the reality is that LKT made a risky forex bet that could either pay well or blow up and make him lose 1 year of profits. He alrd made the bet and it all depends on how yeilds go from here if it continue falling then he will be one of the winners from the blackswan. If he lose then he will wipe out 2024 yearly profit, but his arguement that genting will be bankrupt in 4 year eventhough their QR says otherwise is really hard for me to swallow hence the arguement.

By the way, u can scream and shout all u like after this but i am exempting myself from engaging with u. I dont entertain those that bring no value to the table, come back at me when u truly get a grasp of what we are conversing. As of know u are like the class clown that talks alot but knows nothing, when other bring up point u shund them as orang kampung eventhough u know nothing on said issues and just keep embarrassing urself.

For those that are bring substance to the table i welcome u to converse, the era of ur clown foolery is over

Balian oh balian i am not talking about formula. Its cuase and effect like i said sit down get good and learn then u understand the basics. U cant even read a QR report its no suprise u start thinking its super advance that only hedge fund can read. (This isnt the formula this is just the basic theory, dont be the class clown)

Feel free to pm me if u dont understand certain parts of this, its quite advance relating to multiple party but considering u alrd know whats happening around the world u will understand it all once u understand how each puzzle piece fits their respective role.

Then to the point of china fight against trump by manipulating yuan against USD. They are alrd doing it alrd, currently they are a struggling export country. The best way they can fk US is by selling their US bond holding and not buying proping up the US bond yeild, lowering their own rates to devalue their currency hence boosting their trade. Its basicly a middle finger to US, by saying we dont want hold the national reserve currency(USD), we pour all the resource that was in USD back into china national treasury. How tariff will affect china is still a? But considering trump went after them the 1st term and alot of tariff he implemnet is still in play i doubt china will budge. His current tariff is aim at EU& Canada cuz they dont pay their fair share.