Riaz1954

Riaz1954 | Joined since 2019-02-14

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17 hours ago | Report Abuse

As i and warned, Genting has very strange share dealing patterns. When it corrects it corrects in a big way, when it rises there is lot of profit taking. This correction is interesting as it has gone below, 4.98, could be insiders selling, or simply small holders as the volumes are relatively low….another point is that the selling has impacted Sing as well ….so is the results, as by now internal guys would know the results.

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1 day ago | Report Abuse

Profit takers after CNY….let’s see next wave of purchases. Volume v very low.

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2 days ago | Report Abuse

Even without TauRX, Genting is very good prospects, as from business point of view the worst is over. There was considerable underperformance of the business prior to CV19, even then the valuation would suggest price of 7. Plus, add Las Vegas coming in on stream since then technically it should be more than 7. The you add the prospects of Drug approval then anything could happen. The only issue I see, is the owner share transaction and constant profit taking that may slow things up.

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3 days ago | Report Abuse

AngTalyor, I am hearing there is a very good chance of getting regulatory approval for the drug. Is it your thinking as well? If it happens is it likely to be by June 2023?

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4 days ago | Report Abuse

Let’s see what holds today? Up, consolidation or little correction. Hopefully momentum is maintained, we will see more action on Monday as people return from holidays. HK market is on major uptrend so hopefully there will be some positive impact here

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4 days ago | Report Abuse

Very low volume, lot of sells but well absorbed. There will be lot of sales in this helpfully upward journey. I still can’t get around all these 100 to 500 share sells……can’t be cost effective?

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5 days ago | Report Abuse

https://www.biospace.com/article/ctad-taurx-touts-safety-and-efficacy-as-anavex-stumbles-over-potential-data-error/ This article sounds very positive. According to my doctor colleague working in the industry, the outcome looks very positive and there is good chance that approval will be given despite the placebo set back. Let’s see, 2023 could be the year! Genting to move onwards and upwards……. Genting investors small and big should hold on to their holdings to make significant gains!!

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6 days ago | Report Abuse

Good, it has breached let’s see if it can close above 5 and then progress towards 5.10 next couple of days!

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6 days ago | Report Abuse

Will it breach 5 Rm tomorrow? I have my doubts ….although happy to see it breach, it is about time!

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1 week ago | Report Abuse

We all know Genting B should be more than 5 at least 5.37 by now! Why is it struggling, compare Genting to other recovery stocks, all way ahead in global markets …yet Genting is struggling to move past 5? Why, ask your self. Look HK, U.K., US to mention few markets where recovery stocks have moved significantly. It is to do with investor and ownership profile and nothing to do with some of the risks which have been touted, in this forum. As to moving to 10 Rm, right now let’s hope it can get past 5! The alternative forgone investing in this counter is significant. Let’s hope Rabbit does the trick!

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1 week ago | Report Abuse

Being kept in a tight trading pattern. Strange lots of 100 share deals! Let’s see where all this heads. The price is being held for a reason…..it could go either way….hopefully higher and through 5 RM resistance.

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1 week ago | Report Abuse

Need to get through RM 5….there will be some resistance, but should get some momentum as we head towards Feb 24 year end reporting. Before that Sing results will be interesting!

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1 week ago | Report Abuse

Big purchases at the end, suggests perhaps foreign funds? Let’s hope strength continues tomorrow.

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2 weeks ago | Report Abuse

Heavy selling at close! Will it continue tomorrow?

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2 weeks ago | Report Abuse

Around this time the full year numbers are available in draft form internally……there is definitely planned sales taking place, could be internal stakeholders or just folks who want to take profit….I have a s easy feeling that it is internal.

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2 weeks ago | Report Abuse

As predicted…..unlike other markets…Ali Baba…..Tencent seen good action Genting has v good prospects but shareholder profile and other insider related share activity is a big issue here in Malaysia

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2 weeks ago | Report Abuse

Laggard is holding true!

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2 weeks ago | Report Abuse

All quiet in western front!

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2 weeks ago | Report Abuse

Selling pressure very strong? Are there any insiders beginning to sell or just selling for CNY funding?

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2 weeks ago | Report Abuse

Opposite happening today, selling ahead of CNY…money to spend

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2 weeks ago | Report Abuse

Michael Chan, thanks for sharing UOB analysts insight on Genting underperformance in relative terms. We all agree on this forum that Genting is a very good recovery story and has very good prospects given its leveraged position. I am heavily invested, but my concern is with related party transactions as well make up of shareholder base, which has no doubt impacted the performance. Let’s hope CNY, brings robust share performance matching Gentings undoubted prospects.

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2 weeks ago | Report Abuse

Let’s hope GB breaks through RM 5, and stays above before CNY. In my reckoning meaningful rally in price should take the price beyond 5.37 and the catalyst could be the full year results, on February 23. There will be profit takers along the way as we have witnessed so far. Foreign institutional investment is the key.

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2 weeks ago | Report Abuse

Destiny, thanks very much for educating me! Much appreciated, will read during bed time! The fact remains Genting Nwrhad is behind the curve. Market is usually ahead of the share price action, but not in the case of Genting, which if the market was looking ahead it would be around 5.37 plus! By the way I don’t drive Rolls I invest in their shares, which excludes cars which is another company altogether. With your excellent investment knowledge you must be investing internationally?

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2 weeks ago | Report Abuse

Ahead of what curve? What do you know about market and curves …!

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2 weeks ago | Report Abuse

Very true of the entire stock market in Malaysia..also counters with large share ownership by founders is also problematical as they dump shares as and when…they have no concern for shareholders of the company in fact they actually milk the system. That’s why we see laggard performance and profit taking when price goes up slightly.

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2 weeks ago | Report Abuse

Add another Rolls Royce …..with terrible balance sheet still recover very strongly……Genting has unusual investors …..for sure. Let’s see.

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2 weeks ago | Report Abuse

Look at IAG and Ali Baba …recovery stocks impressive uptrend.

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2 weeks ago | Report Abuse

Price being held in a tight range ….let’s see what happens ….boss may sell when it goes up

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2 weeks ago | Report Abuse

5 sen peanut!

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2 weeks ago | Report Abuse

Genting S. breached 52 week high, most stocks in US have breached or close to 52 week high….and Genting still struggling to get there? Reason: investor profile

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2 weeks ago | Report Abuse

Genting Sing, 32% up over 6 months v Genting B 9.2%! Let’s hope the gap is narrowed quickly!

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2 weeks ago | Report Abuse

Is the momentum slowing? Little rise sellers are out! Let’s hope the momentum carries, still concerned with some investors appetite for risk, they can’t be making much by day trading…of that what it is! If you look at recovery stocks in other markets ..they go strongly up. Let’s hope this is not a false Dawn.

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2 weeks ago | Report Abuse

As ever lots of sellers….watch out for close, that’s when international investors come

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2 weeks ago | Report Abuse

Let’s be honest even 5.37 is on the low side given that the worst is over yes, there are inflationary issues but I personally don’t believe it hits this market in any case it is less of an issue in Gentings major markets. However, there I’ll be profit takers which means any correction there is an buying opportunity. I want to see past 5 first before CNY and before results in February.

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2 weeks ago | Report Abuse

Let’s see if it goes up today? Watch end of day buying!

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2 weeks ago | Report Abuse

Selling pressure so strong ……..amazing small boys and some bigger investments selling to eat breakfast and dinner, whilst all,recovery stocks worldwide have made strong move upwards……lot of patience is required woth these lot.

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3 weeks ago | Report Abuse

Makes no sense small recovery selling starts! Very strange, we all agree Genting is very good recovery stock and worst is well over..yet ot can’t even get close to last years high! Small holders and perhaps major shareholder starts to dump? This is a problem when one party holds big block …..we saw it US withTesla! Jsut have to buy on correction as we know price has be well north if 5 Rm!

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3 weeks ago | Report Abuse

As I have stated before Malaysia market has unique features particularly retail investors are happy to sell and take small profits to subside their lunch / dinner….

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3 weeks ago | Report Abuse

So much selling pressure, huge volume of sales …let’s see how Genting goes on Monday. US market and HK positive ..ALI BABA AND CO

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3 weeks ago | Report Abuse

Folks don’t understand stand US is all about politics and favours it’s own….I would say Taurx should get approval In U.K…better chance I would say

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3 weeks ago | Report Abuse

Let’s hope momentum keeps to 52 week high…..if we can follow up year end with good news on TauRx then we should have turbo charged boost! HK stocks motoring….hopefully we get better news in inflation from US ….IS May the one which spoils the party!

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3 weeks ago | Report Abuse

About time Genting moves up, other global recovery stocks have been progressing well. Genting, locally suffers from EPF and other institutions not investing…..on flip side when it moves it will be due fundamental change in prospects …

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3 weeks ago | Report Abuse

Small profiteers …keep selling

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4 weeks ago | Report Abuse

Too many small sellers …happy with few cent moves…

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1 month ago | Report Abuse

We need to see price around 5 before we can say it is on uptrend. Last year it was 5.37 when prospects were not clear. Right now it price is stuck badly whilst other sectors are moving forward. Political risk has gone. Just does not make sense!

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1 month ago | Report Abuse

We need to see price around 5 before we can say it is on uptrend. Last year it was 5.37 when prospects were not clear. Right now it price is stuck badly whilst other sectors are moving forward. Political risk has gone. Just does not make sense!

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1 month ago | Report Abuse

Start of bull….I suggest you migrate …so negative …why live?

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1 month ago | Report Abuse

Some silly comments…..Gamuda is a leading construction company without doubt…much is expected in the next few years. Wait and see!

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1 month ago | Report Abuse

There will be a rally in share price after shareholders receive their dividends …..so Monday and Tuesday will see further uplift