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

https://www.theedgesingapore.com/news/markets/shares-genting-singapore-can-now-be-traded-under-cpfis

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

Of course, for short term , you may follow his footsteps

Just like any normal people, may need money for various reasons, anyway he is selling a tiny portion of his shares, nothing to worry

Must take position earlier than fund managers either from local or foreign

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

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

any good news?

that is final dividend of 2021 but declare in this 1st Q of 2022

emsvsi,
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.

huat liao

emsvsi
well said

https://www.youtube.com/watch?v=4xPMP7mn6K8

Live赌场庆新年活动 舞狮 魔术 捏面人2/7/2022）

so crowded, no body care

Too free, Just having fun over here.


Posted by calvintaneng > Nov 19, 2021 8:57 PM | Report Abuse

MG9231

Don't waste time with TTB

Go for Palm oil shares now as Multi Year earnings on

Later will give Special dividends & FREE BONUS ISSUES

Foreign fund Manager buys ICap shares, being it's major shareholders also cannot, kena sue. Where got logic, now case being thrown out of court, TTB no face, reluctantly force to disclose....

Can't agree more on what you said

Posted by fong7 > Nov 19, 2021 11:01 AM

ya, he draws a cake on the wall, do nothing and enjoys his "easy, perpetual cash free flow" management fees from Icap every year while Icap shareholders and hardcore supporters have endless n unnecessarily debates/argument with one another

I sold my Icap @$2.17 in 2020 and swapped the same amount with Genting @$3.30
Forget about this useless and self interest so called "fun manager"
better DIY
Just see his ICAP International Valued Fund & Icap Global fund
both tell you thousands word than unnecessarily argument here

I sold my Icap @$2.17 in 2020 and swapped the same amount with Genting @$3.30
Forget about this useless and self interest so called "fun manager"
better DIY yourself

Just goggle his ICAP International Valued Fund & Icap Global fund
both tell you thousands word than unnecessarily argument here

PRIVATIZATION?

Good and Sincere advice
$$$$$$$$$$$$$$$$$$$$$$

WHAT ARE YOU WAITING FOR

FOR NEXT YEAR WHEN GENTING'S PROFITS REACH RECORD HIGHS? THEN BUY ON RESULTS.....LIKE GLOVES?

THE SHARE PRICE WILL BE DOUBLE-DIGITS AND WE WILL BE SELLING TO YOU

REMEMBER MARKETS ARE ALWAYS FORWARD LOOKING

he practically make fun of his investors and selfishly collect his fees
this can be confirmed by looking at his poor performances of Icapital internation value fund and
Icap global fund,

Once upon a time, during ICAP AGM, TTB Self proclaimed WARREN BUFFET of Asia, telling shareholders put money in ICAP n just relax n let him did the investment work. those who listened to his silly advice n did that practically let him collect Capital Dynamic service fees n his management fees for free ride....

"customers heading in like zombies "
sorry I just can't get you mean?

Calvin, Your Sifu casually taught you an accounting lesson with return of a cup of coffee, you can remember forever, a damn good student, why can find..

2007 -2008 was the year VT fried this counter, i think he is going to fry it again this time after such long duration.