@ Ivan9511 Look at the Buy Volume Q of 1,583,800 @ 7.49 at Closed with minimal Sell Volume Q up to 7.52. TP of 767,777,787 next week :)

737 firmly grounded. Last Call...Airport. 747 due to take off soon

737 firmly grounded. Last Call...Airport. 747 due to take off soon.

737 firmly grounded. Last Call. 747 due to take off soon.

https://www.klsescreener.com/v2/news/view/520384

Airport : 1st. TP breached easily today from last week low of 6.60. 737 took off smoothly today :)

Airport : 1st. TP breached easily today. 737 took off :)

Airport, Airport, Airport. Concession Agreement renewal uncertainty coupled with Foreign Fund selling sentiment took it to a recent low of 6.60 due to knee jerk reaction. With the Concession Renewal Agreement signed and sealed, it should head back towards ~ 9 level Fair Value with some turbulences along the way. No uncertainty on 35% gaming tax but Concession renewed for an additional 35 years ...... choices have consequences but the choice is yours !

1st. TP breached today. 737 took off :)

Airport, Airport, Airport. Concession Agreement renewal uncertainty coupled with Foreign Fund selling sentiment took it to a recent low of 6.60 due to knee jerk reaction. With the Concession Renewal Agreement signed and sealed, it should head back towards ~ 9 level Fair Value with some turbulences along the way. No uncertainty on 35% gaming tax but Concession renewed for an additional 35 years ...... choices have consequences but the choice is yours !

Airport, Airport, Airport. Concession Agreement renewal uncertainty coupled with Foreign Fund selling sentiment took it to a recent low of 6.60 due to knee jerk reaction. With the Concession Renewal Agreement signed and sealed, it should head back towards ~ 9 level Fair Value with some turbulences along the way.

Fundamentally strong Company and price still increasing despite weak market sentiments & Ex-Dividend. Up, up & away due to 5G. As I said earlier, Nunc Aut Nunquam. It is just a matter of time that it will hit past 2. Foreign funds may still be selling now but it will taper off completely by 1st. Half of 2019. Best time to invest is now based on low Index/MYR. Foreign Funds will return in droves in 2nd. Half of 2019. Market Has No Memory !

Fundamentally strong Company and price still increasing despite weak market sentiments & Ex-Dividend. Up, up & away. As I said earlier, Nunc Aut Nunquam. It is just a matter of time that it will hit past 2. Foreign funds may still be selling now but it will taper off completely by 1st. Half of 2019. Best time to invest is now based on low Index/MYR. Foreign Funds will return in droves in 2nd. Half of 2019. Market Has No Memory !

Up, up & away. Last Call at 2.15. As I said earlier, Nunc Aut Nunquam. Foreign funds may still be selling now but it will taper off completely by 1st. Half of 2019. Best time to invest is now based on low Index/MYR. Foreign Funds will return in droves in 2nd. Half of 2019. Market Has No Memory !

All Blue Chips are Good Buy at current level based on 2-5 years investment horizon. It is even better to “bottom fish” and absolute bonus to pick stocks that hit their recent lows (eg. Astro, MBMR, Sunway, Inari, Airport, Dufu, Sime, TM, Gamuda, MRCB, Harta, SuperMax, UMW, DRB, IHH, Hengyuan, Lafarge, MYEG, etc.) that can generate good value/profit in a short investment horizon. Foreign funds might be selling aggressively now but they will come back in droves when they realised that huge profit to be made via Equities/MYR when sentiment turns.

All Blue Chips are Good Buy at current level. However, the Last Call for Airport at 6.65 last week :) No more turning back and it is Up, Up & Away since Concession Agreement already signed and renewed. Better value and returns in the immediate term.

Good if it can clear all the thresholds (737,747,767,777 & 787) this week :)

@ ivan9511 As I said, watch it move Up, Up & Away. 1st. immediate TP of > 8 :)

The Last Call for Airport at 6.65 last week :) No more turning back and it is Up, Up & Away since Concession Agreement already signed and renewed. Better value and returns in the immediate term.

Last Call at 6.65 last week :) No more turning back and it is Up, Up & Away since Concession Agreement already signed and renewed.

Bloomberg GENT:MK Key Statistics on the basis that the information has been updated accurately.

On this particular theme park issue, GenM will always have the competitive edge due to its businesses operating in a cool climatic surrounding, which is second to none in Malaysia. Theme park will not be attractive in a hot and humid country like Malaysia. The main negatives on GenM at present is the recurring high gaming taxes and recent Equanimity purchase.

The impact of the increased in gaming taxes will be clearly seen in the Q1 2019 results to be announced ~ 24 May and the impact will be significant.

The impact of the increased in gaming taxes will be clearly seen in the Q1 2019 results to be announced ~ 24 May and the impact will be significant.

Genting Group certainly need Equanimity now ..... Calmness and composure, especially in a difficult situation !

GenM certainly need Equanimity now ..... Calmness and composure, especially in a difficult situation !

“The group will turn into a net debt position in 2019 as cash is being used to fund multiple development projects across its listed subsidiaries." More so, with the huge CAPEX requirements for Resort World Las Vegas & Sentosa based on the recent news.

As of Dec 31, 2018, Genting Bhd had maintained a sizeable cash position of RM31bil compared to gross balance sheet debt of RM29bil.” Genting Group is no longer a cash rich company. In fact, it will be in net debt position in 2019,

“The group will turn into a net debt position in 2019 as cash is being used to fund multiple development projects across its listed subsidiaries." More so, with the huge CAPEX requirements for Resort World Las Vegas & Sentosa based on the recent news.

“As of Dec 31, 2018, Genting Bhd had maintained a sizeable cash position of RM31bil compared to gross balance sheet debt of RM29bil.” Genting Group is no longer a cash rich company. In fact, it will be in net debt position in 2019,

It is better for Genting Group to delay or reduce CAPEX instead of reducing dividend or having rights or new debts paper issuance. Best way forward together with cost rationalization in current difficult operating environment as their operating cash flow and cash still adequate although new debts papers definitely required for Resort World Las Vegas & Singapore.

https://www.theedgemarkets.com/article/higher-gaming-taxes-propel-genting-malaysia-cut-or-delay-capex

It is better for GenM to delay or reduce CAPEX instead of reducing dividend or having rights or new debts paper issuance. Best way forward together with cost rationalization in current difficult operating environment as their operating cash flow and cash still adequate although new debts papers definitely required for Resort World Las Vegas & Singapore.

@ leelazens Yes, entitlement for dividend as long as bought before the Ex-Dividend Date of 26/6 and no requirement on length of holding period. However, only buy the share if you expect the Share to Outperform rather than solely for the low amount of dividend. Moving forward, Genting Group will need to delay or reduce other CAPEX in view of the significant increased in gaming taxes and recent purchase of Equanimity. In addition, Genting Group will require significant and huge amount of monies just to fund Resort World Las Vegas and Sentosa (S$4.5billion required for non-gaming CAPEX as imposed by Singapore Government just to renew the Casino Licence !) in this challenging period for the Gaming industry.

GenM will need to delay or reduce RWG CAPEX in view of the significant increased in gaming taxes and recent purchase of Equanimity. In addition, Genting Group will require significant and huge amount of monies to fund Resort World Las Vegas and Sentosa (S$4.5billion required for non-gaming CAPEX as imposed by Singapore Government just to renew the Casino Licence !) in this challenging period for the Gaming industry.

Buy & hold until 25/6 to be entitled to the dividend as the Ex-Dividend date is 26/6. You will still be entitled to the dividend so long as you sold on or after 26/6.

Speculative stock ........

Just hold and accumulate more. Nunc Aut Nunquam.

Last Call ! Just Buy.

Just Buy. Fundamentally solid company.

Beside Jho Low and ultra rich individuals, who will buy a super luxury yacht costing millions that can also burn additional millions every month (maintenance, operational costs, high depreciation etc.). I am a Shareholder and not happy with the hit to the bottom line.

Beside Jho Low and ultra rich individuals, who will buy a super luxury yacht costing millions that can also burn additional millions every month (maintenance, operational costs, high depreciation etc.). I am a Shareholder and not happy with the hit to the bottom line.

In addition, RM2m/month just to maintain Equanimity and not forgetting that it is a high depreciating Assets. Management must not make another US Mashpee Notes casino licensing misjudgment.

Very negative news for GenS & Gen. Increased in gaming tax & huge Capital Expenditure outlay required as pre-condition for IR Licence renewal requirements.

Singapore’s two integrated resorts set to grow with S$9 billion investment plan
http://www.channelnewsasia.com/news/singapore/singapore-integrated-resorts-expansion-resorts-world-sentosa-mbs-11409002

Singapore’s two integrated resorts set to grow with S$9 billion investment plan
http://www.channelnewsasia.com/news/singapore/singapore-integrated-resorts-expansion-resorts-world-sentosa-mbs-11409002
Very negative news for GenS & GenM. Increased in gaming tax & huge Capital Expenditure required as pre-condition for IR Licence renewal requirements.

It is not an April Fools joke after all. RM2m/month just to maintain Equanimity and not forgetting that it is a high depreciating Assets. Management must not make another US Mapee tribe licensing misjudgment.

More than RM500 million for a luxury and high depreciating & maintenance second-hand yacht. Is this an April Fools joke ?

More than RM500 million for a luxury and high depreciating & maintenance second-hand yacht. Is this an April Fools joke ?
03/04/2019 1:03 PM

FM must always be extra careful when speaking or issuing out Statements. It is very sensitive in a volatile financial market environment.