Riaz1954

Riaz1954 | Joined since 2019-02-14

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Stock

2022-05-19 21:55 | Report Abuse

Exciting times no doubt. I still think the best results would be from 3rd quarter 2022 onwards. The trend will be established when we see 1st quarter. Get the feeling if the the numbers go in right direction we could see price going north of 6.50 plus by year end.

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2022-05-07 09:28 | Report Abuse

Good time to buy…I would say given that people are once again out and wanting to spend…eventually this will filter through the gaming sector. Therefore in conclusion, things will get better from here not worse for the hospitality sector. US stocks rallied well ahead of all the markets and now have corrected, where as in Asia and Malaysia in particular we have been laggards…so timing wise it is probably right time to invest.

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2022-05-07 09:24 | Report Abuse

Some folks on this forum are predicting doomsday and suggesting that the recovery is not taking hold! I would like to remind these folks that world equity market has taken cue from US where the market has entered bear territory! Genting irrespective of its improving operating environment is not immune from these corrections! That said it will not go lower as much as it is already very low. Improving numbers hopefully will be confirmed when 1 qtr results are announced which will establish improving trend. The full recovery will probably take longer …..to be seen possible 3rd quarter or when China eventually opens travel! The other unknown is of course whether we are heading into WW3! Actually it is already WW3 without official statement. US and NATO have been supplying arms to Ukraine since 2014 and are providing maximum help without putting its troops…on the ground though even this is not entirely correct.

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2022-04-29 14:47 | Report Abuse

Simple question…ask yourself, are the conditions now nest there has been since March 2020 for Genting? Answer is emphatically yes. They have opened up in Las Vegas, as well as in Genting, in Malaysia, the U.K.and NY the business are doing well. Hotels are busy and fully booked in some of the resorts. Genting has under performed the global gaming market. ,Timing is perfect for share price to accelerate from here, peaking perhaps when 3 qtr results are released. By the China will open up! Price could be 6.70 by then!

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2022-04-05 13:17 | Report Abuse

Very positive…..there is no negative…what so ever shareholders.

News & Blogs

2022-04-05 12:43 | Report Abuse

Not long to go before the share price moves…all other sectors have moved and Genting is lagging well behind…..in run up to next results in May…share or ice will touch 5plus mark and move on to 6+ 2nd qtr reporting in August 2022!

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2022-04-05 12:35 | Report Abuse

Target price 4.20 plus if further wins in Australia and others in Malaysia on the cards.

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2022-04-05 12:34 | Report Abuse

Good result ..win win situation for Gamuda …I can see the share being rerated. Gamuda can focus in lucrative contracts and make gain from sale reduce debt and pay special dividend, with little loss of revenue from concession.

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2022-03-30 13:28 | Report Abuse

Genting continues to underperform compared to others ….due to Epf investment in other stocks. Reatain investors take penny profits

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2022-02-28 19:21 | Report Abuse

As to Genting let’s hope it it moves forward …..as it deserves…….worse is over ….2nd half 2022 will be v good Malaysia needs to open the border soon…..let the economy tick over

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2022-02-28 19:19 | Report Abuse

Winspp….thanks for agreeing…it all very clear now how west (US / U.K.) public reacted to killing millions of people in Iraq and Afghanistan to name a few a war conducted on false pretences yet the leaders have not been tried at Hague for war crimes …..why …is it colour of skin or religion bit of both….we live in a world where there is no consistency in justice …this will continue until one acquire bigger teeth nukes I mean!

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2022-02-28 11:29 | Report Abuse

Expanding without due care for generating revenue…..

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2022-02-28 09:17 | Report Abuse

Let down by high expenses …..

General

2022-02-26 00:12 | Report Abuse

Operating expenses have risen considerably! Why? Revenue is good though

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2022-02-25 23:49 | Report Abuse

Shameful West calling for Putin to be tried for war crimes! Yet Bush and Blair killed over million people attacking and destroying Iraq on false pretences and the world kept quite and the war criminals are freed. West has been poking Russia and China all the time and they have used Ukraine leadership to instigate trouble and to,pump wepons into Ukraine …west has no morality! Poor peole of Ukraine suffer trouble makers just watch and throw stones!

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2022-02-24 22:15 | Report Abuse

Any price weakness can add with supreme confidence! When all markets are open and Malaysia opens up to tourists the price will fly….can see going to 7 if not higher by 2022 end looking into 2023

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2022-02-23 17:52 | Report Abuse

It is not weaker quarter…actually….these analysts don’t what they are talking about. It looks to me like an accounting error in good will valuation….revenue up quarter on quarter, other expenses massively up due to this valuation error or consequent revaluation

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2022-02-23 17:49 | Report Abuse

Lot of buying and selling on 1 cent movement, programmed trades that making little money….turning around with quick trades….very Malaysian

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2022-02-23 15:17 | Report Abuse

I think the answer is buy and hold assuming you have diversified holdings and have the liquidity.
More contracts hopefully to come from Australia…any contract is better than no contract as it keeps engine running and wait until elections are held and some brave investment decisions are made by the govt!

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2022-02-12 17:19 | Report Abuse

Too many chickens in this forum afraid of life…..and living afraid for burglars locking doors and keeping dogs …..no matter what you do live or die it has been written already for you, be careful yes but don’t g become a coward hermit!

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2022-01-27 08:17 | Report Abuse

Need to open up,for international,tourism…..reporting case numbers is not relevant anymore….people need to be vaccinated that is the answer…..learn to live with virus and move on

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2022-01-26 18:02 | Report Abuse

European and US markets rallies….Asia and in particular Malaysia is so frustrating, it falls when US goes up and falls even more if US corrects! It shows Asia / Malaysia are Western countries poodles…..no distinct leadership or pioneering.

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2022-01-19 20:50 | Report Abuse

Those of you on this forum follow western countries blindly……and quote them when it suits your case…..well U.K. has removed mandatory Covid certification. From tomorrow …this is the endemic stage! However we in Asia like fools have been so scared to move on!

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2022-01-18 20:50 | Report Abuse

Some people have nothing better to do than talk utter crap on this forum….what a lot of weirdos!

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2022-01-18 20:45 | Report Abuse

Institutions confirm no risk Genting from Genting HK woes…..this has been made clear……there are some many companies that have large investor who has other investments….there is no direct or indirect risk….in any case nobody in their right mind will sell shares given the current undervaluation ……

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2022-01-17 19:06 | Report Abuse

US infections rate have peaked and by mid February will be drastically reduced. Don’t forget US is Country of 335 m people and has been pretty much open for business!

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2022-01-16 13:38 | Report Abuse

Genting will recover nicely, as risks are better understood by the ill informed. Genting hotels are fully booked over CNY…looks promising as dry weather is around. Las Vegas is also showing very healthy booking. Omicron is peaking in most places and will reduce or disappear very soon in February

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2022-01-10 11:19 | Report Abuse

No need to lock down and certainly far more harmful to do so….at last we are seeing common sense prevail…we need to learn to live with the virus …Like we do with other inflictions!

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2022-01-09 19:19 | Report Abuse

MG 123….what a carry on!

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2022-01-09 19:17 | Report Abuse

U.K. no action being taken no curfew or anything….watch BBC don’t spread wrong Information, Hospitals in U.K. are normally full this time of the year owing to flu when excess deaths take place …normally 40,000 people,die during Jan to March …..check out the facts so excess deaths due omicron is very insignificant. This is a fact

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2022-01-08 22:16 | Report Abuse

Genting resort busy by all accounts as well as Las Vegas…results should be much better than last quarter.

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2022-01-08 12:05 | Report Abuse

Still convinced opportunities will come if there is further correction, Malaysian equities lagging behind many countries …..are relatively cheap..despite headless leadership with regards to the economy and marketing of Malaysia

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2022-01-08 12:02 | Report Abuse

Latest update from ma h countries is that omicron is nothing worse than common flu….all the scare mongering has a purpose for some. I had it and I am old, (70) few days of body ache and head ache…..and tiredness….that’s it in my case ….so I am afraid there is lot of misinformation …

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2022-01-06 19:08 | Report Abuse

Dickyme …sure you are so righteous and clean I am sure. There are corrupt people from all walks of life nobody holds a monopoly! Let’s keep it that way! Check facts of what was written and suggested. I for one pointed out about Serba long time time back…..but I don’t bring religion into any discussion …keep it that way …otherwise you will have a problem.

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2022-01-06 18:19 | Report Abuse

Alenac….I would be careful if I were you! Bring religion and you will regret. Stick to facts …. Biggest corrupt folks are operating from US, China, India etc…US being the king except they deal with big stuff!

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2022-01-05 22:23 | Report Abuse

Where is Mr doom and gloom…Morning glory….only takes worst irrelevant facts from countries whose stocks markets have rallied despite cV …forgets to emotion that they suffer in winters months and the fact that Omicron is already a non issue in SA …most have very minor symptoms as was the case with me..!

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2022-01-04 19:32 | Report Abuse

Morning glory…..quoting numbers which mean nothing! The virus is not deadly as previously assumed, hospitalisation and deaths is what is relevant. Quoting US U.K. is not relevant as they are in winter and normally get high flu numbers in any case. Have you noted the rally in the stock market…in those countries! As to India with a population of 1.4 b they have more other issues to worry about. So please play it straight and stop scare mongering. I see Genting rallying to year high very soon ….only stopped by small profit taking by day traders.

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2022-01-04 14:19 | Report Abuse

No brainer it is the ultimate recovery stock….u like other counters in recovery mode…it has healthy cash position, people will realise that life must go on despite scare mongering ….Asian equities and Malaysia in particular have been hit hard because of being scared that follows western actions

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2022-01-03 21:14 | Report Abuse

Save SerbakDinamik….your assertion is totally incorrect! No Islamic country have the capabilities to launch satellite….are you sure! Get your facts right….check who has the nuclear capability to deliver on land, sea and air! They have chosen not to for financial reasons! You have to be careful not to show your obsession with religious prejudice. I am sure you will be the kind who run first at site of battle!

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2022-01-03 18:42 | Report Abuse

CIMB WILL ALWAYS BE SUPPORTED AS IT IS MALAYSIA PLC

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2022-01-03 18:40 | Report Abuse

Australia PM is absolutely right……the virus has evolved into less threatening, this is sign of the virus loosing effectiveness as vaccinations fight back. We need to return to normality and treat it as flu….but there are those who will invoke panic so that they can benefits …..these are not individuals but countries and institutions who benefit. We need to be smart and get on with life in disciplined manner…….Let’s show some resolution and grit! Malaysia Govt over to you!

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2021-12-31 12:35 | Report Abuse

South Africa have been making sense…..it is the European counties including U.K. is the issue….they do t follow any protocols what so ever….no social,distancing no masking and drinking in over crowded bars which happens every year during this period of X. Even in NRI al year hospitals are inundated with flu / drunk patients ….no benchmark developing countries need not follow them…your own strategy to keep economy is vital….western world prints money as they are generally immune from the vagaries of the credit agencies!

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2021-12-30 14:37 | Report Abuse

I wonder if Serba is a going concern? With clients and suppliers pulling out can’t see how this can be? I wonder if staff have been paid? No news on BAU activities. No one with brains would enter into any contract with this company ..unless new management is appointed.

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2021-12-30 14:31 |

Post removed.Why?

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2021-12-28 22:04 | Report Abuse

Not suspension but suspicion!

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2021-12-28 22:04 | Report Abuse

What a sad state of affairs….almost 2 years ago I raised my suspension in this forum about Serba and was pretty sure it was unethical set up, the way the directors were continuously trading in company shares, announcing MOU’s and share placements suggests were sure signs of fraud. I was shouted down! Where is that feline who makes stories and made a thing about battleships, another fraudster.

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2021-12-28 19:25 | Report Abuse

When it comes to traditional valuation methods in case of CIMB it is not so relevant. Due to large Investment by govt institutions, in CIMB it will do better than most in attracting new investment. Pension contributions have to be invested somewhere…and CIMB has a fair allocation to it. So I expect it to rally 6 sometime next year before final,results.

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2021-12-26 09:26 | Report Abuse

Stock raider please do some research….and learn basic meaning of net profit. Sure if they had no loans it would be better, but in such capital intensive industry borrowing or raising capital via RI is the norm…check out other global companies in oil and energy sector.

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2021-12-26 09:17 | Report Abuse

Sure 10% return next 6 weeks!