1.40 by year end.

Genting a leveraged play. Still attractive price to enter, I see hitting 7 + 2022 as economy recovers and tourism returns

Very early days in the share price recovery don’t forget NTA is 8.47, usually when prospects are good and recovery is well established share prices will trade above NTA. It is matter of time mean while small profit takers by day traders and investors using algo trading to buy and sell small lots…investors need to remain put and add more shares as recovery takes hold. Genting a highly leveraged play and coming out of CV will give it much impetus. My pennies worth for the day!

Good recovery stock

Banks stocks world over have recovered on back of economic recovery, Malaysia banks stocks still under performing so expectation is that will rally as the economy picks up and of course foreign asset allocation will increase and much will go into Banks like CIMB so I am expecting a over recovery or overshoot, going into 2022 in addition CIMb internal actions will provide additional flip.

This stock will attract foreign interest for sure ….I think it will easily overshoot 6+ in time and soem small investors will no doubt take profit …where as others will wait for the first target atleast. Don’t forget the NTA is 8.47! This should underpin. I tried to book accommodation in Cameron YTL all booked for Oct same for Cherating. I hear that Resorts World will open v soon. Enjoy investing!

Everybody knew that interstate travel would open, but now it is a fact. So there is a degree of certainty …price will rise over the next few weeks as the impact is digested, next big leg will happen when 3rd qtr results are declared, with specific focus to Las Vegas where the market has been open ..final uplift hopefully positive will be 4 qtr 2021 result and 1qtr 2022 by then we would know how open business are doing and extent of CV

Quoted ExD today!

What does S&P know about anything! They are politically driven institution of the west! If you believe them you are big fool. Do your analysis and determine who invests and what for to decide! Cimb will recover nicely!

It is about time Genting moves upwards….so much action in stocks elsewhere, Rolls Royce, IAG, Cineworld in U.K. are examples ….which for sure will be followed here in due course! We need some action, not long to go. Genting when it recovers will shoot past pre Covid levels and beyond.

Expecting major up turn in share price 4qtr…..short term dips buying opportunity!

I really struggle to understand some folks in this forum….who see Genting as a competitor to Gloves or vice versa …..btw you can invest in both if you want ….no need to bash one counter against the other. There is no logic! It is all about sharing info to help each other as retail customers. Why would you want wish bankruptcy on any one…mind boggling mentality

I don’t know the fuss about drip shares being discounted! It is cheap way to keep capital and yet pay dividend. Whether you big or small you get same benefit proportionally if you opt for shares. This is not uncommon. The fact that investors take shares is because they think there is value in the shares. It is still better than deeply discounted private placements which are definitely no no and very common practice in Malaysia often multiple,times.

Consolidating and then will challenge 5.20

As ever High Risk / High reward! What is Worst case scenario …..what happens? What is the NAV? Make up your own mind…should not come to this ….but who knows…..I will be suprised if they win new business with all this hanging …anybody entering into contracts can’t be doing due diligence.

By placement ….that makes good sense…..unlike some other operators who dump the shares in the open market….the price paid by other institutions shows that they are comfortable with the price range …all this means there is good wide support for the shares. Retail customers can invest with degree of confidence as CIMB moves up to pre Covid levels

What a carry on…..they still can’t manage the situation….I mean all involved parties, very bad advertisement for Malaysia PLC ……I can’t imagine why all parties can’t agree to target when the findings will be published…it surely can’t be that difficult unless it is to do with some sort alignment of interests. You can build a tower block in the time they have taken, which can’t be right. CV is not an excuse in fact it could be quicker under these circumstances….becuase you don’t need to travel!

Kazannah have sold more shares than that was indicated ..which was 100m actual 138m, surprising that price only fell by 1.7%..that shows underlying support. Any further correction would see buying opportunity. Friday is normally sell day…let’s see.

Foreign FM will increase asset allocation to Malaysia when they see political stability and opening up of all sectors ….we need absolute clarity as the trigger points when travelling interstate and foreign travellers can enter…..this has been lacking …compared to other countries …there is no single solution for all, that’s is why a strong gov is needed to work out the risks…in a transparent and rationale manner. For example setting a threshold for infection rates below 4000 was absurd! Infection rates themselves mean nothing on their own….hopefully we get clarity otherwise the damage will be worse than the cure the country is seeking. Ultimately elections are needed to get some degree of political stability. Party hopping should be banned.

Very good value, not understood by retail investors…owing to different style of management!

With interest rates like to hike next year and recovering economy banking stocks will have a good uplift for sure. All sectors should open by end of Oct…..Malaysia needs to stick to this strategy, otherwise they will be caught between in between look at Europe despite devasting infection rates and deaths they have opened up and now face winter when rates will go up ….we can’t fall into i between trap!

Some folks on this forum are cynical. The whole idea of being on such forum is presumably to discuss and share info about the stock with happiness when it does well and disappointment when it does not….well some folks here get supreme joy when promoting negativity …..I just don’t get it! Weirdos. Need to grow up.

Genting for sure is good bet for profit recovery and dividend payment. The stock has interest from foreign find managers as their Malaysia asset allocation would include Genting, Public bank, Maybank and CIMB for sure …Of the banks CIMB is sure for a recovery play. You can invest and leave it for 2 years for a good safe return …..

Only way is up, once all casinos and outlets working the results will be firing on all cylinders, with Yokohama as a sweetener if that happens it will be bonus!

Excellent set of results ……malaysia bank stocks in general compared to world are undervalued …due to political uncertainty and CV ……any way good opportunity for better times 7 RM is on if foreign asset allocation emerges.

It is matter of time …..the shares will rally for sure

GST will be coming soon….the case for it is very strong …..Myeg will do well post new gov…

We can talk about human rights all day long…..what rights have the First Nation people have has in US, Australia, NZ and Canada….nit to mention apartheid South Africa which western countries supported. What rights have African Americans have in US used as slave Labour for 200 plus years…they have very little rights and even less economic rights. Some people say things improving really! The method of racism has changed …same group of people dominate,

China need not worry …the Colonial West can’t accept the success of China as it replaces US as leading power…on all metrics… not too long too go. I am from Pakistan and have to thank China for its help, in developing the infrastructure and investing in good causes that will benefit the country for sure of the leaders use it properly. Look at US, U.K. and West history they have relied on invasion to reap their rewards, occupying invading destroying countries killing millions of people in Iraq, Afghanistan, Libya and in the past Vietnam, Laos, korea i etc. They have blood on their hands and use democracy as an excuse to invade and steal! China has not done that! China itself has been invaded and suffered in the last. People need to wake up…of course even with China there may be issues but nothing like the white western colonialism!

Well no doubt of Bentings prospects …the political apathy and slumber is destroying Malaysia PLc…..but look ahead things will improve for the better and Demand for Genting products will be high as people look to spend and be free again!

As the economy recovers and GDP grows the beneficiaries are Banks ….all the world banks have made good recovery post Covid…and there is plenty to go and is a favoured asset allocation. International investment will return to malaysian banks…why CIMB was hit hard by corporate failures in Singapore and bank made some conservative bad debt provisions…CIMB of all malaysian banks has most to recover …with 2-4 view which could take it back to high 6-700 ringit mark…

HSBC is a U.K. listed bank that makes 87% of its profits from HK and China and has been looking to restructure and pull from its 120-140 country operations. Rumour has it may relocate to HK. It’s share price has been under pressure for some years now….and looking to rationalise it business strategy by reducing or pulling out of unprofitable locations.

Such low valuation ….can’t stay at this price for sure ! Rest of teh markets bank shares are on peak valuation …. Very disappointing …combination of lots of things.

EY will teach KPMG to find suppliers and customers addresses and add the debtors correctly? What a carry on!

Movement makes no sense!

Stocksafeplayer….don’t get to excited with infection numbers they are all over the place. They mean nothing as it is dependant on testing numbers..as many are not being tested and vaccinated the numbers will go up and down. 2 things we need to do learn to live the virus and get as many people vacinates as possible those who refuse should not be allowed to work simple. Need to be tough measures. Problem remains with foreign workers who are not in net.

Should also be investigated …there is a common theme.

Probability …spot on! The danger signs were all to see….I thought the level,of directors share dealings is a tell tale sign of conflict of interest and high chance of fraudulent activities …all associated companies should be investigated for sure ….even other director interested including Minetec for example.

Consultant …I take your point …then this action would prove that they don’t represent shareholders interest, governance etc.

Genting surely will move upwards on forward looking as it has good propose to going forward based on vaccination strategy…..people need to realise that CV is not going we need to live with it vaccine being the passport for taking risk ….WAKE UP GVT….TOP PRIORITY SHOULD REST TEST AND VACINNE AS WHO HEAD SADI TEST TEST AMD TEST NO OSY LISTENED

Director are buying ..with small sums unlike the fraudulent companies director who are always buying and selling their own shares….no names ….but obvious!

Mickecyc …Meow is averaging down! Buy high sell low!

The companies value has dropped by 1/3 and yet they are so slow in addressing the issues! Amazing…lack of aptitude….should be working 24 hours a day to resolve the issue. What a joke! Treat it as war, matter of life and death…..and act with speed, and clarity. The issues raised are not complex in fact they are very archaic way of conducting a fraud…abacus V computer.

Let’s hope for Malaysia PLC sake that the auditors are wrong or over zealous. FID is important for the market

If there is no fraud found or irregularities in financial reporting and governance ...than KPMG has lot to answer for and there is a case for litigation, as it has not only destroyed SD value and reputation but I dare say also reputation if Malaysia plc, This is a serious matter far bigger than SD itself...SC and authorities BN need to take it seriously.

Can’t see how KPMG would get it so wrong on something as elementary I terms of financial transactions such as this! These transactions are not complex compared to some financial products which were behind 2009/2010 financial crisis...which led to several very big institutions going down

Serba what a carry on! Really all this could have been avoided ....no winners in this, looking at some foreign press covering the issue suggests not surprising linked with high level of corrupting and low governance ....which is not entirely correct to taint everybody..but this what happens all this before the matter is fully concluded ...very unfortunate

Genting let’s go.....better times ahead, worldwide Malaysia will eventually follow when it wakes up

No need to refer to local analysts ...look how the banks are performing as an asset class elsewhere ....look back at 2010 ....have bias towards Banks leisure like Genting, Airlines, hotels and engineering and defence

Banks are undervalued ....when economy picks up post CV they will show tremendous growth banks in US and Europe have already outperformed