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..

I am a strong supporter and shareholder of GenB. I won’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.

马屁精 is right,
Don't be conned and
don't be cheated..

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..

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..

Betul

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.

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.

@OTB, thank you for sharing your thoughts.
​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!

Go go..Genting

大家都在画大饼…谁的画更大：​
1) GenB : TauRx 老人药
​2) YTLp : Nvidia AI
​3) YTL : 隆新高铁
​
Today, we all begin at the same starting point..
​GenB : 4.83
​YTLp : 4.80
​YTL : 3.62

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

不要被骗入场買YTLp 博反弹, 成了高楼接盘侠

If inflation eases, utility prices can come down. When inflation rates decrease, the cost of goods and services, including utilities, tends to stabilize or drop..

Come q3 and q4 2024, GenB's share price is expected to reach new high..

1SGD = 3.45/ 3.46 MYR
1USD = 4.65/ 4.66 MYR

https://www.thestar.com.my/business/business-news/2024/07/18/ringgit-hits-fresh-six-month-high-against-us
Ringgit hits fresh six-month high against US$

Uncertainties persist as investors worry that tech stocks will stumble after the US presidential election. Consider buying tech stocks after the election.

https://www.sinchew.com.my/?p=5772054
美中晶片战恐升級 科技股慘跌 費半崩6.8%

投资者担心 科技股將跌跌跌撞撞到美国总统选举后..

https://www.sinchew.com.my/?p=5771639
Excellent, please push harder to make it visa free permanently.

MAGA: Trump will make the US great again. With Resorts World New York City and Resorts World Las Vegas expected to see exponential growth, Genting Berhad could be headed to the moon!

https://www.cnbc.com/2024/07/17/global-chip-stocks-from-nvidia-to-asml-fall-as-geopolitics-trump-weigh.html
TECH
Global chip stocks from Nvidia to ASML fall on geopolitics, Trump comments

Times have indeed changed since Trump's first term. The interest rate environment is much higher today, and maintaining high rates indefinitely is not sustainable. The Fed may have to balance between supporting the economy and keeping the dollar "strong".

Fed could cut rates by 25 bps in July, another 50 bps to follow in September: Moody’s.

马屁精 is right,
Don't be conned and
don't be cheated..

According to Maybank IB Research, the share price weakness was more likely due to foreign selling from the weaker ringgit compared to the US dollar.

The research house added that since inflation in the United States has tapered down, and the ringgit is likely to recover against the dollar backed by the prospect of the Federal Reserve cutting the interest rate, it hopes the foreign selling will decrease.

“Our FX Research Team forecasts the US dollar/ringgit to recover to 4.600 by end-2024, and 4.500 by mid-2025 from 4.718 as at June 30, 2024.

https://www.aljazeera.com/economy/2024/7/15/malaysia-is-building-malls-like-crazy-but-shoppers-arent-coming
Malaysia is building malls like crazy – but shoppers aren’t coming

Resorts World Genting is crowded with people. Lai lai.. RWG welcome all.

https://www.cnbc.com/2024/07/15/powell-indicates-fed-wont-wait-until-inflation-is-down-to-2percent-before-cutting-rates.html
Powell indicates Fed won’t wait until inflation is down to 2% before cutting rates

1.00 US Dollar = 4.672 MYR

马屁精 is right,
Don't be conned and
don't be cheated..

Finally, I have time to check GenB's share price... a good harvest day for Genting. Go go GenB

https://markets.businessinsider.com/news/stocks/donald-trump-second-term-president-stock-market-implications-inflation-rates-2024-2
What a Trump 2.0 presidency would mean for the stock market

5) Favourable regulatory changes are in place:
- Visa-Free Travel Policy
- Visit Malaysia Year 2026
- MM2H system
Rating: 🌟 🌟 🌟 🌟

A bullish period for casino stocks might occur if the Fed initiates a series of interest rate cuts until 2026. By the end of 2025:

1) The economy is growing or recovering from a downturn.
Rating: 🌟 🌟 🌟 🌟
(Rate cuts are expected to boost economic growth)
2) Interest rates are stable or declining.
Rating: 🌟 🌟 🌟 🌟 🌟
(Expected Fed interest rate cut to continue)
3) Consumer confidence is high.
Rating: 🌟 🌟 🌟 🌟
(Rate cuts are expected to boost consumer confidence)
4) Tourism is on the rise.
Rating: 🌟 🌟 🌟 🌟 🌟
(Rate cuts will boost consumer spending and tourism)
5) Favorable regulatory changes are in place.
Rating: 🌟

Monitoring the indicators below can help you identify potential bullish periods for casino stocks. Current conditions:

1) The economy is growing or recovering from a downturn.
Rating: 🌟 🌟 🌟
(Rate cuts are expected to boost economic growth)
2) Interest rates are stable or declining.
Rating:
(Expected Fed interest rate cut in Sept 2024)
3) Consumer confidence is high.
Rating: 🌟 🌟 🌟
(Rate cut expect to boost consumer confidence)
4) Tourism is on the rise.
Rating: 🌟 🌟 🌟
(Rate cuts will boost consumer spending and tourism)
5) Favourable regulatory changes are in place.
Rating: 🌟
(No favourable regulatory)

躺在那裹没人要？現在..最值得投资的股应该是..GenM

GenM's Q2 2024 financial performance should be OK. Q3 2024 is expected to be better than Q2.., and Q4 2024 should achieve the best quarter since COVID-19 pandemic.

1 USD = 4.6875 MYR now..
Last weekend, I saw 1 SGD = 3.45 MYR at money changers. This bodes well for Genting moving forward.. The favorable exchange rates could potentially benefit GenM, as they have significant dealings or investments in the US..

At Resorts World Sentosa... crowd at the entrance of casino continues unabated人潮不減 and Universal Studio is still full of people..依然是滿滿的人潮。 GenS should be able to see gold dollar... soon.

GenB's share prices have been moving in tandem with Wynn Resorts and Las Vegas Sands for 2 weeks now. It's time for these casino stocks to rise after the June CPI unexpectedly decreases and the 10-year Treasury yield dives. Congratulations to those who added today..

If the US IPO is successful, Boss Lim may take home another RM100 million salary, bringing his total potential salary after the US IPO to RM292.647 million. This could lead to more unhappiness among shareholders, so it might be better to avoid the US IPO 😂

林国泰坐镇
1) 云頂 3182 主板消费股，每年受薪
1亿1378万6000令吉;
(113.786 million)
2) 云顶大马 4715 主板消费股, 担任主席兼总执行长，每年再进账
4763万令吉。
(47.63 million)
若纳入非成分股公司，林国泰的年收入更是可观。

3) 云顶新加坡执行主席，董事费可达 875万新元
(折合约3041万4748令吉)
(30.414 million)

4) 云顶种植, 主板种植股担任副主席，去年领薪酬81万8000令吉。
(0.81 million)

因此，林国泰凭着这4家公司，年度薪酬高达1亿9264万7748令吉。
(192.647 million)

I think that sounds reasonable.. 😀

投资其实是一个孤独的旅程，但不一定孤独..只因有大家相伴

Now, we are waiting for the big boss Lim to pull out his magic formula

Congratulations, Pinky, for your courageous decision and making a big profit from your investment.

https://youtu.be/a_Q0Ez52xrY?si=y31H8CZQJRWp_5-w
Sifu has already hinted.. buy at 4.50

One more day for big buyers to accumulate tomorrow.. so wait till tomorrow kah?

I know, must be keyman sifu buying..

Look at the volume..who are buying, small retailers? Ikan bills?

Look at the volume..panic selling detected. large investors pick up GenB at cheap prices.. really speechless

https://finance.yahoo.com/news/suddenly-theres-talk-3-rate-024500987.html
Suddenly, there's talk of 3 Fed interest rate cuts this year

由于 Covid-19，美国在 2020年开始降息…从 2.5% 降至0.25%...云顶股价从2.98谷底上涨至5.2+..

过后, 全世界和美国在2022年2月开始加息....而云顶的股价是在2021年底下跌..… 剩下的都是历史了。

云顶的股价在2021年底下跌....(從5.20下跌至4.40). 全世界和美国是在2022年2月开始加息……剩下的就是历史了。

只有炒股赚了钱的人才会大声骂别人傻，但也没必要骂别人傻....因为那是别人家的事..

我们愚蠢不是因为我们投资了云顶，而是因为我们无法理解全球尤其是美国加息和降息的经济周期对博彩业的影响。

2022年初，美国开始加息，云顶股票下跌，所以我们入市买入云顶..... 我不知不觉地拥抱了他两年。

云顶的股价两年来一直在4.00至5.20之间波动。 。現在美国要降息了，还有人想把我们挤下车。你们的良心不会痛么？

Balanced View:
1) Short-Term Volatility: Be prepared for potential short-term volatility as the market reacts to economic data and speculates on the Fed's actions.
2) Long-Term Potential: If you believe in the long-term recovery of the economy and the tourism sector, investing in casino stocks now could provide opportunities
3) Phased Investment: Consider a phased approach to investing, starting with a smaller position and increasing it as more economic data becomes available and the impact of rate cuts starts to be felt.

Conclusion:
Given the mixed factors, a cautious but optimistic approach may be warranted. Monitoring economic indicators, company performance, and market sentiment closely over the next two months will be crucial in making informed investment decisions in casino stocks.