privatise on the card. trading below nav for long time

accumulation completed. uptrend starts

pump up now dumping. game over. incurred losses > 3 years becareful

Based on volume done past 4 days ,Kyy wld have bombed out his balance of 39mil sendai shares today. KYY once again squeeze by margin call and lost big. some underhand have absorbed all his shares. sendai on sale . will see a quick rebound very soon.

take profit and run now before big boys throw down

some big shark buying today ?

distributing and sell down coming. can get cheaper later.

Insider hidden buying.

conman . dont touch

PP 0.15ct . pump up and sell 0.20ct to. d'tor make easy $. trap those who chase it

fake vol. trap buyers in. wait for 0.10ct

Dynamic growth fund supporting. Sense some deals have been worked out. still maintain the CEO.. strong support at 0.35ct .can go back to 0.50ct level soon.

company share buyback but directors disposing and sell down. dangerous stock

LKT confident of foxing and win 1.0B suit and get a free OTP plus some free change - 250 mil

Deutsche Bank tips Genting Malaysia lawsuit as potential positive
TOPICS:4715.KLConsumerGENM.KLGENM.MKGenting MalaysiaMalaysia
Malaysia 10-ringgit noteMalaysia 10-ringgit note

Posted By: Leslie Shaffer Tuesday, 27 November 2018 18:12:36

Deutsche Bank said the plunge in Genting Malaysia’s shares in the wake of its lawsuit over its planned theme park has made the risk-reward favorable.

The stock tumbled 16.67 percent to end at 3 ringgit on Tuesday.

Genting Malaysia has reportedly sued Walt Disney and Twenty-First Century Fox in the U.S. for more than S$1 billion, alleging the two were walking away from a contract to build a Fox-branded theme park in Malaysia. Genting has said that so far, it has invested more than US$750 million in the project.

“The initial agreements were too favorable for GENM, in our view, driving delays in the theme park’s opening as Fox sought to renegotiate the agreement,” Deutsche Bank said in a note on Tuesday. “If Genting rebrands the theme park, it concedes defeat while moving the theme park ahead in its current form risks more lawsuits.”

But the investment bank added that the market has “been efficient” in pricing in the potential earnings forecast cuts.

It said the theme park was 4 percent of its 2019 and 10 percent of its 2020 forecasts for earnings before interest, tax, depreciation and amortization (EBITDA).

Deutsche Bank added that if Genting Malaysia wins its lawsuit, it could be awarded US$1 billion in costs and damages, which is around 25 percent of its market capitalization.

But it said that while those were positives, the lawsuit has hurt investor confidence in the shares, and it could face lower margins if it rebrands its theme park.

Genting Malaysia also needs to provide greater transparency, Deutsche Bank said, urging more disclosure via an investor conference call to boost confidence.

The company could also monetize its Miami land, which the bank estimated was worth around 10 billion ringgit, compared with 1 billion ringgit in 2008, Deutsche Bank said.

Reuters reported Genting's allegations that Disney wants to end the contract to avoid associating with a gaming company, which does not fit into its family-friendly brand strategy.

"Given that FEG had no right to terminate the Agreement, Fox and Disney are liable for what will exceed a billion dollars in damages attributable to the bad-faith behaviour of both Fox and Disney," the complaint said.

Genting Malaysia said it had already made a "$750 million-plus investment" in Fox World. It is also seeking punitive damages.

Read more at https://www.thestar.com.my/business/business-news/2018/11/27/genm-share-price-plummets-on-news-of-disney-fox-legal-suit/#OvsdWE6bFLfDyWWB.99

accumulation by BB. if don't want missed out start follow them

skin security project is still needed by govt price re-nego only.

reverse trend formed. trending up.to 0.75-0.80ct

reverse trend forming. time to buy. next lvl 2.65-2.70

insider play....pump and dump. take profit and get out

Pump and dump. Time to run

china party exit at a loss. don't touch

company maintain lion share of F&B & entertainment biz at RW-Genting.
push mother share higher before warrant listing. expect premium of 25-30% for warrant. can collect more

Vol surge.pushing up now.

Start to run today. Catch it fast. Next Tgt 0.60ct

Anyone know how mother share will be adjusted ex- free warrant c/w 0.80 exercise price. Any calculation table? Tks

collection in progress. the run up will come.

Short sellers pick on Qtr results drop. Full year result still better. Don’t panic. Short covering today will push up again if Kwap come in and sapu

Sellers all eaten up. Next up wave 0.45ct.

disposal well absorbed. is a growth stock. stay calm and invested

pump up. careful with this counter. dtors selling down.

next level 0.50ct coming. finished absorbing profit takers who bought 0.30-0.32. collect more

Strong support at 0.80ct level. Co have good fundamental. wait for 1.00

sellers are dumping

next stage 0.80ct. coming

also playing u crest . has better financials and faster

Followed Calvin and make $ .Info are real + Good analysis. Dtors are buying. Accumulate before goes up further.

classic pump and dump. dtors running

press down and Olh and relatives collecting to the max. May sell RHB stake and distribute cash div to family

Directors are slowing accumulating. Can follow.

flying high

TA is operating profitably. FYE 17 it achieved a net profit of 271 million (increased 8%). declared a final div. of 4.1 sen (ex-date 27/6/18 & payment date 20/7/18. PE 3.95 is low & NAV 1.45 Year high 0.73 & low 0.495. Time to buy.

TQ Bro kelvin for the info. new high today. can expect 2nd uptrend coming.

hi bro Calvin , Kerjaya and GSB any link.

Has no fundamentals . Just Money game counter. right timing is the essence. The Sharks will play another rrd with current +ve mkt. ...