$12 is still cheap as PE is only 12 for "consumer counter"
It's time for Harrison to enlarge share capital by giving out bonus issue 1 for 5 or 10 for better capital structure
Genting Singapore 1.05 now
genting singapore 1.04 now
just like what has written so far by Dragon 328, I appreciate very much...thanks
Forecast is based on certain assumptions, analysts write up for fees or certain motives, readers never use their own head, take for granted, of course only way is blaming the analysts.
I beg for different, I appreciate analysts efforts and never blame what they write for my past years investment journey.
10 sen final dividend for Genting
@Dompeilee, do you short sell Genting?
Expecting Final YF22 Dividend 10 sen
KSeng owns Tanjong Putri golf club, you mare not aware, its director enjoy so much and live like king in the golf club, I was told he is one of the single handicapper in the club.
Major shareholders enjoy their increasing big directors fees, yearly family overseas trips in US and Canada stay free of charge in hotels owned by Kseng. Business class air tickets foot by company, how enjoyable this type of good life...
You think they cannot tahan!
please read its Annual reports see hotels owned by Keck Seng
They will slowly milk the cash flow of the company for generations ..
Lately , Hadi Bawang is as quiet as mice, after MACC goes after them.
LKT is more worry of PN than minority shareholders, it's is family legacy and he must have advanced planning to move genting assets out to overseas.
Remember what Robert Quak did with his agriculture assets moved to Singapore Wilmar international.
your scenario now is just like chicken tendons! it's tasteless to eat, it's pity to discard!
25 years! may be small % of your investment is ok , if major part, will sacrifice a lot of opportunity ...
I replied " if not all , at least part of that IHH privatised money should be used to reward the existing minority shareholders. Should any investment opportunity arise, as a public company, the directors can either borrow money from the banks, issued bonds or make right issues.
you are operating the company as a private limited co, might as well privatise it right now"
@prudentinvestor : I attended AGM in the year after IHH was privatised while Keck Seng was rewarded handsomely. I called upon the directors to distribute part of money it received to its shareholders but was outright rejected with reasons money hard to come by and have to conserve it for potential future investment, in subsequent years, directors getting more and more in their directors fees. since then. i know this is a value trapped co. ...
Posted by ks5S > 9 hours ago | Report Abuse
10 years ago, genting share price was 10. Now is only 5. Super undervalue.
10 years ago,
1.there are fewer hotel rooms;
2. No premium outlets;
3. no outdoor Sky world Theme Parks;
4. No Las Vegas casino in USA;
Cool down, all coming to this Genting forum for making money, huat chai.
Not under valued but a value trapped company!
Directors are selfish fellows n not willing to share with minorities by paying out higher dividend.
They keep having excuses of accumulating the fund for future good investment but they get h willing to pay higher directors fees each year to themselves.
Posted by prudentinvestor > 11 hours ago | Report Abuse
"unnecessary worry ... 及人犹天"
Let's see how it performs in the next few months. 别得意忘形
Your caution reminds me of Icap Tan Teng Boo, forever worry this and that events, end of the day put major parts of Icap funds in Fixed Deposit for past 10 years, yet he claimed himself as Warren Buffett of Malaysia.
As a Bursa investor, I am vigilance of event that may impact this counter. I see no reason to worry so much as long as PH is in control of federal government and Pahang State government right now .Certain states seats may lose to PN in Selangor and Penang in future state election may cause some correction on this counter but I believe the impact may not as severe as like lock down during Covid 19
MD of K seng is having similar character as Icap MD Tan Teng Boo, damn selfish if you attended their AGM, you can feel it, no matter how undervalued, just ignore
unnecessary worry ... 及人犹天。
Continue up almost 60 sens within one must take a breather lah
Already up there, now happily in casino
no time frame with peat nut dividend. this way of waiting for privatisation has to forgo a lot of opportunity cost
Major Shareholders cum directors' salaries increase substantially since 10 years ago while shareholders get pea nuts.
Posted by prudentinvestor > 10 hours ago | Report Abuse
When the company wasn't profitable during financial years 2020 and 2021, it didn't pay any dividend. The yearly dividend has been quite consistent at 10 sen a share for over 10 years.
IT'S DIVIDEND HAS NO GROW AT ALL
This counter no hope lah, major shareholders not bother the minority shareholders at all
what happen to that fellow keep hoping to buy at $3.8?
Well said Charles T, happy new year to you
Lai Lai Lai.... Genting ...run
I guess same as previous year, FY2022 final Dividend will be 11 sen
Related party transaction some time is good for shareholders! with Tuhan tolong!
Remember years back, Genm used to be the major shareholders of Genting HK, LKT forsaw Cruise Business will be running well in future and wallop shares owned by Genm.
LKT reshuffled and moved the direct shares owned by Genm to his Kien Huat holding co and subsequently distributed extra ordinary gain of such disposal as special dividend to Genm shareholders. At that particular time, A lot of Genm Shareholders were annoyed and got out of Genm. Who knows, blessing in disguise, due to Covid 19, Genting HK faced liquidity and ended up winding, Genm is not affected at all.
GenB NTA $8.41 is the historical value , Market value is much higher
Demand on Singapore Genting go higher as more Singaporean can own it via CPF account, Definitely GENB should go higher as well
No other tourist attractions in Malaysia more attractive than Genting highland, children, adult n ladies are all suitable
yes, will reach 6 soon
According to economic analysts, most of the countries will face recession, many sectors will be hit badly, the best sector that will do well will be gaming sector, So, fund managers will place majority of their fund in Genting Group. That is why you can see green every day now
hahaha die die must hold tightly
2022-06-10 08:09 | Report Abuse
Of course, for short term , you may follow his footsteps
2022-06-10 08:07 | Report Abuse
Just like any normal people, may need money for various reasons, anyway he is selling a tiny portion of his shares, nothing to worry
2022-06-08 12:28 | Report Abuse
Must take position earlier than fund managers either from local or foreign
2022-06-08 12:25 | Report Abuse
Market now not many sectors are going to do well except tourism sector which is recovery. most of money in the market will flow to Genting or GENM
2022-06-02 16:47 | Report Abuse
Attended Zoom AGM of GENM this morning, staff cost more than $1500, minimum wage not an issue.
GenM's borrowing mainly on bonds, which is main fixed, current raising interest rate is also not an issue.
I guess same applied to Genting Bhd
2022-06-01 10:46 | Report Abuse
any good news?
2022-05-29 18:36 | Report Abuse
that is final dividend of 2021 but declare in this 1st Q of 2022
2022-05-23 18:24 | Report Abuse
yes already Hooy9e long ago since it has high conviction. still need 12 sen to breakeven but I have faith with LKT, it dropped to $4.5, still added on.
2022-05-23 16:15 | Report Abuse
Stock: [HARISON]: HARRISONS HOLDINGS (M) BHD
2 days ago | Report Abuse
Can see the speed of price rising getting faster