Michaelchan2024

Michaelchan2024 | Joined since 2024-05-12

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Total comments
650
Past 30 days
304
Past 7 days
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Today
28

User Comments
Stock

3 minutes ago | Report Abuse

Many mouths.. but same person talking at once, trying to drown out or silence others

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8 minutes ago | Report Abuse

I am a nobody, not an expert... just a Genting's investor..I knew... I keep posting, ๆ–ญไบ†ไบบ็š„่ดข่ทฏ๏ผŒไธ็ˆฝไบ†

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10 minutes ago | Report Abuse

How can someone.. a non genting investor who claims to be a millionaire behave in this manner? Who will believe him?

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12 minutes ago | Report Abuse

Seriously, I still think TauRx is just an illusion, just like how a non Genting investor comments about Genting.

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16 minutes ago | Report Abuse

Tested one more time, let the forumers witness ่ฟ™็พคๅ–œๆฌขๆ‰“็พคๆžถ็š„ๅ‚ขไผ™.




Stock

18 minutes ago | Report Abuse

I am a nobody, not an expert... just a Genting's investor..I knew... I keep posting, ๆ–ญไบ†ไบบ็š„่ดข่ทฏ๏ผŒๆœ‰ไบบไธ็ˆฝไบ†

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21 minutes ago | Report Abuse

Let the forumers witness ไธ€ไธชๅฐๆฐ”้ฌผ millionaire.. ๐Ÿ˜‚

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43 minutes ago | Report Abuse

ๅ‹‡่€…ๆ— ๆƒง...

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46 minutes ago | Report Abuse

๐Ÿ˜€ ..๐Ÿ‘๐Ÿ‘

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2 hours ago | Report Abuse

Tested one more time, let the forumers witness ่ฟ™็พคๅ–œๆฌขๆ‰“็พคๆžถ็š„ๅ‚ขไผ™.

Stock

2 hours ago | Report Abuse

How can someone who claims to be a millionaire behave in this manner? Who will believe him?

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2 hours ago | Report Abuse

Time will tell, don't need to respond to a non Genting investor in this forum

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2 hours ago | Report Abuse

Everyone in this forum knows that ATK = MM = ้ฆฌๅฑ็ฒพ.

ๅคงๅฎถๅฟƒ็…งไธๅฎฃ..

Stock

4 hours ago | Report Abuse

๐Ÿ˜…๐Ÿ˜€

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5 hours ago | Report Abuse

้ฉฌๅฑ็ฒพ is right,
Don't be conned and
don't be cheated.

Stock

5 hours ago | Report Abuse

How can someone who claims to be a millionaire behave in this manner? Who will believe him?

Stock

5 hours ago | Report Abuse

After over 10 years in this forum, besides trading and conning retailers with TauRx news, ATK truly has nothing else to share.

Stock

6 hours ago | Report Abuse

้ฉฌๅฑ็ฒพ is right,
Don't be conned and
don't be cheated..

Stock

6 hours ago | Report Abuse

A guy lik that obviously can't be trusted..

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6 hours ago | Report Abuse

He was there twice when GenB's price dropped to 4.50 and I laughed. ๐Ÿ˜‚

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6 hours ago | Report Abuse

ATK is always active when GenB's price drops. I often did the reverse of what he advised. The most obvious instance was when GenB's price dropped to 4.02, he told me to sell, but I bought more.. what a joke ๐Ÿ˜ƒ

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10 hours ago | Report Abuse

@ATK, you too always like to ่‡ช็ทจ่‡ชๅฐŽ่‡ชๆผ”.

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10 hours ago | Report Abuse

Bukan 4.50.. you can buy at 4.30

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10 hours ago | Report Abuse

https://www.klsescreener.com/v2/news/view/1361927/sustainable-recovery-awaits-casino-operators-according-to-hlib-research
Sustainable recovery awaits casino operators, according to HLIB Research

The research firm anticipates continued earnings recovery for Genting Singapore (GENS) and Genting Malaysia (GENM) for the second half of 2024 (2H24), benefiting Genting Group, driven by the ongoing rebound in tourist numbers.

Stock

10 hours ago | Report Abuse

it can indicate a few different scenarios:

1) Lack of interest can lead to price movements with relatively small trades.

2) Market noise: Sometimes price changes on low volume are just noise.., meaning they don't necessarily indicate a significant change in sentiment or fundamentals.

3) Weak selling pressure: The drop might be caused by a small number of sellers, which can move the price due to the low volume.. This might not reflect a broader market consensus.

Stock

10 hours ago | Report Abuse

GenB dropped by almost 2% on low volume, why ar?

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11 hours ago | Report Abuse

@ Pinky, yes, US presidential election is a done deal.

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15 hours ago | Report Abuse

Trump told CNN on Sunday that he believed Harris would be easier to defeat.

A Trump win in the 2024 presidential election could have various implications, including:

Lower interest rates: This could result in a weaker dollar, which would be beneficial for exports.
Lower taxes: Potentially stimulating business growth and consumer spending.
Delay for TauRx: It might have to wait five more years for potential advancements or approvals.
Positive impact on Resorts World properties: Including Resorts World Las Vegas and Resorts World New York City, likely due to favorable business policies.

้ฉฌๅฑ็ฒพ is right,
Don't be conned and
don't be cheated..

Stock

1 day ago | Report Abuse

I understand that not all posts will appeal to everyone. If you find this content uninteresting, feel free to skip it.

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1 day ago | Report Abuse

Historically, casino stocks have shown sensitivity to broader economic conditions, including interest rates, currency fluctuations, and investor sentiment.

Historical Context of Casino Stocks:

1) Economic Cycles: Casino stocks often perform well during periods of economic growth when discretionary spending increases. Conversely, they can struggle during economic downturns as consumers cut back on leisure activities.

Example: Extraordinary achievement in attaining 5.8% economic growth in Q2 2024.
๐Ÿ‘๐Ÿ‘๐Ÿ‘๐Ÿ‘๐Ÿ‘
2) Interest Rates: Lower interest rates typically reduce borrowing costs, which can benefit casino companies that often carry significant debt. Additionally, lower rates can stimulate economic activity, leading to higher consumer spending, which is positive for the casino industry.

Example: The Federal Reserve is expected to cut interest rates in September 2024, which could help the casino industry by reducing borrowing costs and stimulating spending.
๐Ÿ‘๐Ÿ‘๐Ÿ‘๐Ÿ‘๐Ÿ‘
3) Currency Fluctuations: A weaker US dollar can boost tourism as it makes travel to the US cheaper for international visitors, potentially increasing casino revenues.

Example: With the US Federal Reserve contemplating interest rate cuts in September 2024, the resulting depreciation of the US dollar is likely to reduce market uncertainty and restore investor confidence.
๐Ÿ‘๐Ÿ‘๐Ÿ‘๐Ÿ‘๐Ÿ‘
4) Market Volatility: Reduced market uncertainty and lower volatility can enhance investor confidence, making stocks, including those in the casino industry, more attractive.

Example: The anticipated interest rate cuts and subsequent depreciation of the US dollar in September 2024 are expected to reduce market uncertainty and restore investor confidence.
๐Ÿ‘๐Ÿ‘๐Ÿ‘๐Ÿ‘๐Ÿ‘

Stock

1 day ago | Report Abuse

Historically, casino stocks have shown sensitivity to broader economic conditions, including interest rates, currency fluctuations, and investor sentiment.

Historical Context of Casino Stocks:

1) Economic Cycles: Casino stocks often perform well during periods of economic growth when discretionary spending increases. Conversely, they can struggle during economic downturns as consumers cut back on leisure activities.

Example: Extraordinary achievement in attaining 5.8% economic growth in Q2 2024.
๐Ÿ‘๐Ÿ‘๐Ÿ‘๐Ÿ‘๐Ÿ‘
2) Interest Rates: Lower interest rates typically reduce borrowing costs, which can benefit casino companies that often carry significant debt. Additionally, lower rates can stimulate economic activity, leading to higher consumer spending, which is positive for the casino industry.

Example: The Federal Reserve is expected to cut interest rates in September 2024, which could help the casino industry by reducing borrowing costs and stimulating spending.
๐Ÿ‘๐Ÿ‘๐Ÿ‘๐Ÿ‘๐Ÿ‘
3) Currency Fluctuations: A weaker US dollar can boost tourism as it makes travel to the US cheaper for international visitors, potentially increasing casino revenues.

Example: With the US Federal Reserve contemplating interest rate cuts in September 2024, the resulting depreciation of the US dollar is likely to reduce market uncertainty and restore investor confidence.
๐Ÿ‘๐Ÿ‘๐Ÿ‘๐Ÿ‘๐Ÿ‘
4) Market Volatility: Reduced market uncertainty and lower volatility can enhance investor confidence, making stocks, including those in the casino industry, more attractive.

Example: The anticipated interest rate cuts and subsequent depreciation of the US dollar in September 2024 are expected to reduce market uncertainty and restore investor confidence.
๐Ÿ‘๐Ÿ‘๐Ÿ‘๐Ÿ‘๐Ÿ‘

Stock

1 day ago | Report Abuse

https://www.thestar.com.my/news/focus/2024/07/21/a-new-takeoff-for-malaysias-economic-resurgence
A new takeoff for Malaysiaโ€™s economic resurgence

Malaysia's economy is bouncing back, with various sectors showing signs of recovery. Genting Malaysia, a major player in tourism and entertainment, is a key contributor to this resurgence.

Despite the challenges of the global pandemic, Genting Malaysia has remained resilient. Analysts predict a net income of 867 million for the company in 2024. With 57 million earned in Q1, it's expected to bring in around 270 million per quarter for the rest of the year.

Genting Malaysia's resorts, casinos, and entertainment complexes are attracting more visitors as travel restrictions ease. The company's ongoing projects and innovations are set to further boost Malaysiaโ€™s economy.

In summary, Genting Malaysia is playing a crucial role in Malaysiaโ€™s economic recovery, particularly in the tourism and entertainment sectors.

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1 day ago | Report Abuse

๐Ÿ‘๐Ÿ‘

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1 day ago | Report Abuse

This is an investment in the stock market. I respect the many investors who made millions of dollars during the COVID pandemic while keeping a low profile. They are the true investors in the stock market. Yes, it's all about patience...patience, timing, and strategy. Let's hold on to Genting and prosper together in the next few years.

Stock

1 day ago | Report Abuse

However, as the world appears to have reached the peak of the inflation cycle, with the US Federal Reserve contemplating interest rate cuts in September 2024, the resulting depreciation of the US dollar is likely to reduce market uncertainty. This shift is expected to restore investor confidence, making casino stocks more attractive. The anticipated decrease in market volatility and improved financial outlook should encourage investors to buy into casino stocks once again.

Stock

1 day ago | Report Abuse

In actual fact, it's the uncertainty surrounding inflation and the appreciation of the US dollar during efforts to combat inflation that has led investors to stay away from casino stocks. The US dollar's appreciation, driven by the Federal Reserve's interest rate hikes, has created a challenging environment for international revenue conversion and increased market volatility.

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1 day ago | Report Abuse

https://theedgemalaysia.com/node/719697
Foreign tourist arrivals surged to 9.48 mil as of May 2024 โ€” Zahid

He said the Ministry of Tourism, Arts and Culture has targeted 27.3 million international tourists and an income of RM102.7 billion this year. Cheers!

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2 days ago | Report Abuse

For GenM, the improving economic environment could also be beneficial.. As the US dollar weakens, the financial impact of any losses from its US operations will be less severe when converted to MYR. This will improve GenM's overall financial performance and attract more investors. Additionally, reduced market uncertainty and renewed investor confidence in the casino sector could further enhance GenM's stock appeal. Go go.. GenM!

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2 days ago | Report Abuse

The uncertainty around inflation, high interest rates, and the strong US dollar have made investors wary of casino stocks. The strong dollar, due to the Federal Reserve's interest rate hikes, has been tough on these stocks.

Now that inflation seems to have peaked and the Fed is considering cutting interest rates in Sept 2024, the US dollar is expected to weaken. This should reduce uncertainty and boost investor confidence, making casino stocks more appealing. A weaker dollar would benefit US based casinos with international revenue, likely leading investors to buy more casino stocks..

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2 days ago | Report Abuse

Thanks speakup. It's all about patience and strategy.. wishing you the best with your investments as well.

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2 days ago | Report Abuse

My investment in Genting was never based on hoping for a miracle FDA approval of TauRx. To me, TauRx is a bait used by traders to con people into buying Genting shares..

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2 days ago | Report Abuse

I am a strong supporter and shareholder of GenB. I wonโ€™t chase high; I have added GenB below 4.60. Please note that whatever I posted on this forum is not a recommendation to buy or sell.

้ฉฌๅฑ็ฒพ is right,
Don't be conned and
don't be cheated..

Stock

2 days ago | Report Abuse

A stronger MYR relative to the USD can indeed help lessen the financial impact of losses from Genting's US operations when these losses are converted into MYR, thereby improving the overall financial performance of Genting Berhad and Genting Malaysia. This currency effect can be a key factor in the financial stability and performance of the company.. Come q3 and q4 2024, GenB's share price is expected to reach new high..

Stock

2 days ago | Report Abuse

A simplistic or overly negative assessment of Genting's future performance based solely on the current struggles of US casino stocks might be misleading. Instead, a more detailed and careful analysis that considers various factors, such as currency exchange rates and specific market conditions, is necessary to fully understand Genting's potential..

Stock

2 days ago | Report Abuse

Moving forward, it's important to consider the potential effects of a depreciating US dollar on these companies. If the US dollar weakens, it can be beneficial for US based casinos operating overseas, such as in Macau. Revenue from these operations, typically denominated in local currencies, will convert to a higher amount in USD, thus positively impacting the mother company's financials. This currency effect can enhance the overall profitability and financial stability of Wynn Resorts and Las Vegas Sands.

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2 days ago | Report Abuse

Recently, various stock analysts and "gurus" have been posting negative outlooks about Wynn Resorts and Las Vegas Sands. They often correlate the equity performance of these US based casino giants with Genting, suggesting that if the ang moh casino stocks are underperforming, Genting's performance is likely to be similarly impacted.

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3 days ago | Report Abuse

@OTB, thank you for sharing your thoughts.
โ€‹I appreciate your straightforward approach and your commitment to long term investment in Genting. It's always important to rely on facts and maintain a positive outlook.

Good luck to you too! Cheers!

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3 days ago | Report Abuse

Go go..Genting

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3 days ago | Report Abuse

ๅคงๅฎถ้ƒฝๅœจ็”ปๅคง้ฅผโ€ฆ่ฐ็š„็”ปๆ›ดๅคง๏ผšโ€‹
1) GenB : TauRx ่€ไบบ่ฏ
โ€‹2) YTLp : Nvidia AI
โ€‹3) YTL : ้š†ๆ–ฐ้ซ˜้“
โ€‹
Today, we all begin at the same starting point..
โ€‹GenB : 4.83
โ€‹YTLp : 4.80
โ€‹YTL : 3.62

Yes, dragon328, let's all huat together! Cheers!