Michaelchan2024

Michaelchan2024 | Joined since 2024-05-12

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476
Past 30 days
357
Past 7 days
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User Comments
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2 weeks ago | Report Abuse

Sort of a narrow escape. Of course, I'm still holding on to my u96. Talk too much.. got go

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2 weeks ago | Report Abuse

You wouldn't believe it, but more than 50% of the SGX component stocks are either below or at the level of the COVID pandemic price. I am happy to have invested in Bursa..

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2 weeks ago | Report Abuse

Happy Pinky must be.. making a lot of money in the stock market

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2 weeks ago | Report Abuse

I live in Singapore. I mentioned GenS because it's significant in the Singaporean context. RWG is also well known, if not for cold eyes, I wouldn't have bought CIMB and GenB

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2 weeks ago | Report Abuse

https://youtu.be/AXfjpjSJZKA?si=My1KatM3zuHLXMSF
My sifu recommended buying CIMB and Genting. CIMB was my first choice during the COVID pandemic

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2 weeks ago | Report Abuse

Smart move. . I hope Genting will bring us the next pot of gold. 🙏

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2 weeks ago | Report Abuse

MG9231, you are right. Hoping the ringgit to recover soon. I am quite happy with my investment journey at Bursa

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2 weeks ago | Report Abuse

Some bank promoters here seem arrogant.. Don't throw eggs at me hor.

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2 weeks ago | Report Abuse

Of course, I knew about Malaysia's banking stocks.. I bought CIMB at the start of Covid-19 in 2020 and sold it off around 5.40. Then I bought more Genting shares. That is my investment story on Bursa in the past few years.

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2 weeks ago | Report Abuse

Understood. Choosing between them is tough. Regarding the 3rd choice, I can't advise because I am not familiar with Bursa stocks. I knew GenB and GenM because of Genting Singapore. 😀

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3 weeks ago | Report Abuse

@keyman, it seems you have had many unhappy encounters with Genting.. may I ask you a question..? If GenB stays at 4.70 and Public Bank drops to 3.80, which would you choose: Genting or Public Bank?

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3 weeks ago | Report Abuse

Ahh ..I will suggest sending LKT to attend a painting畫大餅 class to improve his skills at the AGM tomorrow.

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3 weeks ago | Report Abuse

Borrowing another 400 million ringgit... A leader who knows how to borrow but doesn't know how to paint a rosy picture - this should be LKT's biggest failure.

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3 weeks ago | Report Abuse

记得周星驰在电影中有过这样一句经典台词,他说一个人如果没有梦想那么人和咸鱼有什么区别。😀

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3 weeks ago | Report Abuse

@keyman sifu, 有梦想的人生才有趣嘛...有夢想,就應該把餅畫大

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3 weeks ago | Report Abuse

Don't be conned and
don't be cheated..

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3 weeks ago | Report Abuse

老林马不停蹄的筹资..,近期必有大动作。

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3 weeks ago | Report Abuse

忽漲忽跌,抱不住賣掉..sekali下午股价就狂飆

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3 weeks ago | Report Abuse

There's no correlation between the share price of Genting Singapore and Genting Berhad la.. they don't move in tandem or influence each other significantly

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3 weeks ago | Report Abuse

It may have an impact on Genting in the long run. However, the size of this impact would depend on various factors such as the speed of the shift and how the other countries and markets react.

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3 weeks ago | Report Abuse

Big news..., if Saudi Arabia were to shift away from using the petro-dollar, it could potentially weaken the US dollar's dominance in global finance.

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3 weeks ago | Report Abuse

It will be between Resorts World NYC and Resorts World Las Vegas. Who do you think will emerge as the winner? 😀

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3 weeks ago | Report Abuse

Food for thought: If Genting goes for an IPO in the US, it will likely choose between Genting Berhad and Genting Malaysia rather than Genting Singapore. What do you think, US IPO under GenM or GenB?
My guess is ...GenM

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3 weeks ago | Report Abuse

Alzheimer’s drug from Eli Lilly wins backing of FDA committee. How about TauRx? It seems to be losing its appeal

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3 weeks ago | Report Abuse

Moving into the 2H of 2024 and 2025, Genting is poised for a period of intense activity and strategic expansion with several high profile initiatives:
1) Raising funds for NYC casino license
2) TauRx FDA approval
3) US IPO
4) Expansion of integrated resorts
5) Diversification into new markets
6) Digital transformation
7) Strengthening core businesses
8) Innovation in entertainment offering

The list goes on, as Genting navigates a dynamic landscape under the leadership of its CEO, Lim Kok Thay who is steering the company through these transformative and ambitious projects

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3 weeks ago | Report Abuse

I believe it's acceptable to allow individual investors to select and pose the questions. Ultimately, it's up to the management to determine which questions to address

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3 weeks ago | Report Abuse

20) What is the current status of Genting's non-core business ventures, particularly in oil and gas, and are there any plans to expand this sector?

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3 weeks ago | Report Abuse

List of Potential Questions:

1) What are our current marketing strategies to attract more visitors to our properties?
2) Are there any plans to list Resorts World Las Vegas in the US?
If yes, when can we expect this to happen?
3) What steps are being taken to improve profitability and reduce debt?
4) Is there a plan to hire a new CEO or additional leadership?
5) When can we expect Empire resort to turn profitable or are there any plans to offload it?
6) How is the company engaging with stakeholders to ensure their concerns are addressed?
7) Currently share prices are seriously undervalued. What are the plans to boost the company’s share price?
8) Are there any plans for share buyback activities to take place in 2024?
9) Given the important of transparency and direct communication with shareholders, could you please explain why we are unable to have a physical AGM this year? Additionally, could you provide an indication of when we might expect to resume face to face AGM?
10) How will Resorts World Las Vegas be impacted by the opening of Fontainebleau Las Vegas?
11) What steps is the company taking to align the share price with the net tangible assets (NTA)?
Can you provide more details on the company’s strategy to increase shareholder value.., beyond just increasing the NTA?
12) Can management explore opportunities to optimize earnings by leasing unplanted land in Genting Plantation to solar companies for profit sharing arrangement, thereby generating direct net profit without CAPEX investment?
13) Could you provide an update on the current status of TauRX and any anticipated timeline for regulatory approval??
14) Can you give an update on Genting's online gaming business? Specifically, I would like to hear about any recent development, key performance indicators and future growth plan.
15) When is Genting expected to reach its all time high again, based on current market trend and company development?
16) What plans does management have to attract more customers and stand out from other casinos, especially in term of offering unique experiences and promotions?
17) How can Resorts World make the most of its strong brand to grow and succeed?
18) How can Genting properties leverage its high traffic and available space to generate additional income through advertising services, potentially subsidizing road maintenance costs and reducing the need for additional capital expenditure?
19) How does the company plan to address concerns regarding related party transactions to ensure transparency and strengthen governance practices, ultimately restoring trust among institutional investors and shareholders?

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3 weeks ago | Report Abuse

*minority shareholders leader

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3 weeks ago | Report Abuse

Please identify and list the key questions we need to address in our AGM next week.

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3 weeks ago | Report Abuse

@raymondroy, thanks for the comments. You can take the lead and be our minority leader. Let's review the list and focus on the key questions to ask the CEO to address. Cheers!

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3 weeks ago | Report Abuse

All shareholders who intend to attend, participate, speak (in the form of typed text messages) and vote remotely at the 56th AGM are required to register via TIIH Online website at https://tiih.online

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3 weeks ago | Report Abuse

Let's make our voices heard at the AGM next week! Encourage fellow investors to actively participate in Genting's AGM and submit questions via the online platform (tbd) for the CEO or senior management to address

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3 weeks ago | Report Abuse

19) How does the company plan to address concerns regarding related party transactions to ensure transparency and strengthen governance practices, ultimately restoring trust among institutional investors and shareholders?

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3 weeks ago | Report Abuse

18) How can Genting properties leverage its high traffic and available space to generate additional income through advertising services, potentially subsidizing road maintenance costs and reducing the need for additional capital expenditure?

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3 weeks ago | Report Abuse

17) How can Resorts World make the most of its strong brand to grow and succeed?

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3 weeks ago | Report Abuse

16) What plans does management have to attract more customers and stand out from other casinos, especially in term of offering unique experiences and promotions?

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3 weeks ago | Report Abuse

Bagus.

15) When is Genting expected to reach its all time high again, based on current market trend and company development?

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3 weeks ago | Report Abuse

14) Can you give an update on Genting's online gaming business? Specifically, I would like to hear about any recent development, key performance indicators and future growth plan

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3 weeks ago | Report Abuse

13) Could you provide an update on the current status of TauRX and any anticipated timeline for regulatory approval??

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3 weeks ago | Report Abuse

12) Can management explore opportunities to optimize earnings by leasing unplanted land in Genting Plantation to solar companies for profit sharing arrangement, thereby generating direct net profit without CAPEX investment?

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3 weeks ago | Report Abuse

Good.

11) What steps is the company taking to align the share price with the net tangible assets (NTA)?

Can you provide more details on the company’s strategy to increase shareholder value.., beyond just increasing the NTA?

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3 weeks ago | Report Abuse

https://www.reviewjournal.com/business/casinos-gaming/fontainebleau-developer-to-buy-more-strip-land-for-112-5m-3064432/
Fontainebleau developer to buy more Strip land for $112.5M

10) How will Resorts World Las Vegas be impacted by the opening of Fontainebleau Las Vegas?

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3 weeks ago | Report Abuse

keyman忍無可忍..已悄然离去

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3 weeks ago | Report Abuse

@keyman, do you have any questions to add??

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3 weeks ago | Report Abuse

Let's use the online AGM to our advantage. For example, each of us can submit 'model questions' to the management via Slido (tbc). The management will address the most frequently asked questions. If everyone submits the same model questions, they will have to answer those questions.

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3 weeks ago | Report Abuse

9) Given the important of transparency and direct communication with shareholders, could you please explain why we are unable to have a physical AGM this year? Additionally, could you provide an indication of when we might expect to resume face to face AGM?

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3 weeks ago | Report Abuse

8) Are there any plans for share buyback activities to take place in 2024??