Thanks to your confidence after fundamental research, not from technical viewpoint

Today is 11th day of correction. Most uptrend share corrected mostly 10days, may be hng33 saw the oppotunity technically?

Genting decided to give a small Ang Pao after so many people plead for it.😀

To look at Genting, this time may be need to look at Genting Singapore Q4 results, 21-22 February.
https://www.marketscreener.com/quote/stock/GENTING-SINGAPORE-LIMITED-44377566/calendar/
With 3.53 Sing dollar to myr, any dividend to mother will be magnified.
(Still got 23 more days to reach 15 February 2024. Very likely the final quarter results will be reported on 25 February 2024. I think there will be pre- result buying and after the results is announced, there will be sell on news.)

After washing away weak shareholding aggressively, investors purchased below 4.60 start seeing profit towards long term resistance @4.90. Clearly it is not a leader in this small bull run, the leader is YTL power and Gamuda. It is slowly but surely appreciate as long as US markets are not crash after CNY, it should be leader half a year before Visit Malaysia Year 2026.

Ha, Foreign fund nett sell 190Million, local fund try to support above 1480 but no so successful yesterday,

Papar bet: Yesterday dragonfly doji, RSI above 50%-A dragonfly doji after a price decline warns the price may rise. If the next candle rises that provides confirmation.
https://www.investopedia.com/terms/d/dragonfly-doji.asp
(Morning folks. What will it be today? Red or Green? Place your bets :)

Technically last bullish support at 4.50-4.55

KLCI taday can't hold at 1500, risk being double tops if drop below neckline 1480, hopefully it is a range bound between 1480-1500........

Genting rebound to challenge resistance 4.90 again after doji formed last Friday

Don't worry Chloe, Genting is a holding company, when subsidiaries valuation improves due to improved dividend to mother company, then one day in future mother valuation should improve as well. Just to let you know subsidiary Genting plantation share price up today. Short term fluctuation and healthy correction is normal

Ha, my prediction is totally wrong, it is a inverted hammer today and further consolidation needed. However, bullish flag pattern is confirmed as long as share price above 4.75 (As expected, today is a hammer! Long term downtrend channel ceiling since 2019 at 4.90 probably to be taken away today if can stay at least 3 days above it.)

As expected, today is a hammer! Long term downtrend channel ceiling since 2019 at 4.90 probably to be taken away today if can stay at least 3 days above it.

Technically Genting's bearish shooting star can be neutralized by a same magnitude or bigger hammer today and 2nd day price movement confirmation. Let's pray it happen😊 ((Bearish) Shooting star means the initial rise is back to the initial price meaning a rally has stopped.)

@Chloe Tai: 2023 incident is not happening now. Since 4.90 is taken out, technically it should test it's effectiveness as a support that provide a chance for late comer to buy

Anyone want to buy Genting cheap at 4.88 may be have a chance today.........Washing cycle came as 1500 is supported well

Since there is no fresh news, let's examine Genting technical pictures. Genting painted a double bottoms on 27/6/23 and 30/10/23 with neckline at 4.56. Double bottoms projections will be around 4.56+(4.56-4.01)=5.11 and subsequently 5.11+0.55=5.66. As Genting just brokenout from a bullish flag pattern, measuring first leg (4.71-4.01=0.70) to add on rebound point 4.55, short term target may be around 4.55+0.70=5.25, which is bodes well with price target of many investment banks. What is today 4.90 means to me? 4.90 is a ceiling of Genting downtrend channel since Nov 2019! If you draw a line from peaks of Genting share prices since Nov 2019, you will reach today 4.90. Breaking out from 4.90 and no return means a lot for Genting share price after that. With MACD just crossed signal today, with RSI around 67%, Genting should be able run for a few days more and there is room to take tough resistance 4.90 away. Just sharing, hope I am right

Technically KLCI broken out from bullish flag yesterday, GENM broken out from bullish flag today, awaiting Genting to follow.......(Optimistic with bullish flag pattern to be formed. )

Potential recovery play, may start any time. Confirmation if share price can stay at 1.45 for a while

Optimistic with bullish flag pattern to be formed. Genting Singapore haven't take away resistance @1.01

Don't worry. A bullish flag pattern is in the process of painting with condition that it shouldn't drop below 4.50: https://www.investopedia.com/stock-analysis/cotd/answ20090105.aspx

https://www.thestar.com.my/business/business-news/2024/01/01/cab-restarts-indonesian-tie-up-with-salim-group
Signal released...finger crossed ya

Genting Singapore rechallenge 1.00 after unsuccessful attempt on 11th of December.
Genting another type of technical analysis:
https://www.youtube.com/watch?v=yld2-l6roCk

Technically Genting looks like is drawing a bullish flag pattern, measuring first leg (4.71-4.01=0.70) to add on rebound point 4.55, short term target may be around 4.55+0.70=5.25, which is bodes well with price target of many investment banks

"The government issued subsidies amounting to RM3.8 billion to cover the cost of chicken and eggs from February 2022 to last November, and 72.8% of the cost of chicken production was the cost of poultry feed.

"When there is a cartel that controls the price of chicken feed, it is difficult for the government to control the price of chicken at a set rate of RM9.40 per kilogramme. It is difficult for chicken rearers to get a cheaper price for poultry feed because these five companies are involved in 40% of chicken feed production,” she added.

https://theedgemalaysia.com/node/695086

Breaking news! Will cheaper chicken feed be possible?
https://www.thestar.com.my/news/nation/2023/12/22/five-companies-fined-rm415mil-for-fixing-chicken-feed-price

Sorry for wrong outcome posted. Apologized.
(Posted by Save > 1 day ago
Genting finally finished consolidation 4.70+/-, start moving towards 4.90)

https://www.sinardaily.my/article/214087/malaysia/national/no-need-for-mco-we-are-not-in-the-early-stage-of-covid-19---dr-noor-hisham

As traditionally next quarter is Dayang's weak quarter, Dayang target may be around 1.43 again if want to form double bottom rebounding model. if want to form a reversal shoulders and head rebouding model, may be head bottom is around 1.26. Hope I am wrong

Genting finally finished consolidation 4.70+/-, start moving towards 4.90

Personally estimated next quarter nett profit 25-30million, anything above it a surprise as meize (corn) and wheat price soften, while chicken wholesale price slightly elevated since July 23

Please help to show us how to derive more than 20 mil profit from past results?
(Next quarter CAB will make more than Rm20 mil in net profits 😁)

Last minutes should be institutional selling, 2740 lot, they are waiting at 4.74-4.75 for whole day. Sold means obstacle is removed.

Ha, may be i3 chat is monitored. if we are too optimistic, cold water was poured......

Bought enough. Let's enjoy medium term uptrend!

(This Q Results is positive but so so. Strongest quarter is next quarter.

2 weeks ago)

Don't worry. Foreign fund exiting Bursa, going to Singapore.......

Agreed. This month reach 4.90, next month break 5

Support at 4.50-4.56

Difficult deal as US Housing price (not sure with land price) is dropping. Property loan interest is at 7% annually.......

Ha, looks like main force want to wait for the clarity of US non farm payroll tonight

Genting Singapore (GENS) is at S$0.955 (+3.24%)

http://www.investing.com/equities/genting-international?utm_source=investing_app&utm_medium=share_link&utm_campaign=share_instrument

Genting Singapore started trend up 3% yesterday after Fitch report release

Next QR is too late. Today or tomorrow should U-turn up. Visual estimation from Penang Airport from 1st-7th December, international air passengers increase 50% from November MoM. Not sure about KL international airport. Penang tourist areas also started filling up by Chinese nationals........

Don't worry. 'Mysterious' flu is just common cold and flu caused by influenzas, covid, other viruses and mycoplasma that people develop when weather change, lack of natural immunity due to prolonged quarantine, it won't cause border to close again.

Technically testing double bottom neckline 4.56, it is time to add for those interested. Flu like infections won't developed into pandemic because the pathogens are all known pathogens. Due to cold weather and last year pandemic quarantine, people especially children in China lack of natural immunization, thus it is time to develop natural immunization. Travel to hot weather countries like Malaysia can prevent getting into flu and severe infection

This Q Results is positive but so so. Strongest quarter is next quarter.

After people sold today, preplanned AGM tomorrow release good news?

Thanks Calvin for previous quarter differed tax credit explanation. May I ask further? Where and when the differed tax is derived? Is it a overpaid tax previously?
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-11-29-story-h-214097097-JAYA_TIASA_4383_LATEST_RESULT_SHOWS_A_HUGE_SURPRISE_JUMP_IN_PROFIT_UP_B

Hi, may I know when this quarter results release?

Tested previous height @1.04 today and rebound tomorrow?

Ya. Hng33 sold too early. 1.33 this December if US markat isn't crash

Good dividend stock