Today klci big drop - 22 pts !
Do you expect GB to be up then !
Tmr recover, nxt faster recovery.

If you feel GB will fail, unload all GB.
If you feel GB will succeed, load up GB.
Simple as that.

Today's rout is due a very serious
dockers strike which costs US4B a day !
This is affecting loading & unloading as well as trans-shipment.
Will be resolved though.

Iran - Israel issue is a non-issue as Israel depends on full support from all allies.
Their wars have been raging forever with cease fires now and then.

××××××××××××××××××××××××××××××××
Fiercely attacking @AngTayKor.
False character assassination of ATK.
Forever posts wrong assumption-conclusion

XXXXXXX Michaelchan2024 XXXXXXX

@Michaelchan2024
why post and self delete so many of your posts ?
Posted false, incorrect, wrong conclusions.
Can't defend conclusions, so delete posts.

Genting Malaysia Bhd has
dropped
to 36th place in terms of market capitalisation recently.

If it maintains this position
by the cut-off date
for the upcoming review,
it will need to be

removed

from the index according to the established rules.

It may have a Direct impact in its share attractiveness and its share price may be
impacted.

Since Genting Bhd holds a majority stake in Genting Malaysia Bhd, consequently and subsequently,
Genting Bhd may also be affected and its share price may be

Impacted.

××××××××

Previous secured loans are fixed loans that are already in force at agreed fixed interest rates until due.

Therefore, there is no impact of any financial gains in term of reduced interest payments even with Fed lowering interest rates.

Only future loans that have yet to be agreed upon and signed may enjoy any financial gains from any possible interest rate reduction by the Fed.
An alternative of renegotiating existing terms and conditions favoring a lower interest rate of an existing loan is difficult.

Genting Malaysia Bhd’s (KL:GENM) subsidiaries have priced an additional US$100 million (RM427 million) of
7.25%
senior unsecured notes, due 2029.

Recently, two indirect wholly-owned units priced an offering of US$525 million of
7.25%
senior unsecured notes, also due 2029

https://theedgemalaysia.com/node/726971

Genting Malaysia units issue additional US$100m senior notes at
7.25%

KUALA LUMPUR (Sept 17): Two of Genting Malaysia Bhd’s (KL:GENM) subsidiaries, video lottery facility operator Genting New York LLC (Genny) and its unit Genny Capital Inc, have priced an additional US$100 million (RM427 million) of
7.25%
senior unsecured notes, due 2029.

This came after the two indirect wholly-owned units priced an offering of US$525 million of
7.25%
senior unsecured notes, also due 2029, last Tuesday.

"These additional notes form part of the same series as the initial US$525 million aggregate principal amount of notes that were priced on Sept 10, 2024 (initial notes) and the additional notes will carry the same terms as the initial notes," Genting Malaysia said in a bourse filing Tuesday.

Net proceeds from the additional corporate notes will be used to repay existing debts. “Approval in-principle has been received for the listing of the notes on the Singapore Exchange Securities Trading Ltd,” it said.

Post-issuance, Genting Malaysia’s gross borrowings is expected to increase to RM17.69 billion
from RM14.98 billion.
Net gearing is expected to increase to 1.04 times from 0.81 times.

S&P Global Ratings has assigned a BB+ (stable) rating to the notes, with Fitch Ratings Ltd opting for BBB- (negative).

Genting Malaysia said the additional notes have been offered and sold only to individuals reasonably believed to be qualified institutional buyers without having to register the notes based on the US Securities Act 1993's requirements for exemption from registration, and to certain non-US individuals in transactions outside the US.

"The notes have not been registered under the Securities Act or any state or other jurisdiction’s securities laws. Accordingly, the notes may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements under the Securities Act and any applicable state or other jurisdiction’s securities laws," it said.

Aiyo this mm ah !
mm is the
REAL
TRUE
MAN MAN !!!

He is so envious & jealous of @ATK.
HE posts rubbish all the time, nonstop.

When he wants to buy at lower price,
He post non-stop GB bad, terrible, worst.

When he wants to sell at higher price,
He post non-stop GB good, better, best.

mm does this to influence others so that he hopes to buy lower or sell higher at YOUR EXPENSE if you follow mm !

Wah, mm is trying to
CHEAT,
FOOL,
INFLUENCE,
MAKE SUCKERS OUT OF,
SCAM &
TRICK ... YOU !!!

Be careful & be cautious of mm !

The one who benefits the
Greatest, Highest & Most
is boss who owns the most shares with
HIGHEST salary !
His father, then him, nxt his son ...
He controls & knows everything abt his co.
Price drop is nothing to him
as he can wait ...

I can say @AngTayKor cares & shares.
A real true expert.
A sincere man.

@AngTayKor, this guy is definitely not a sifu.

You beat this fella & ada... even without trying.

These fellas dish out youtube videos to make money.

May want to lure people to watch their youtube videos so that they can get paid by youtube, advertisers, sponsors, etc.

May want to suck money out of you by luring you to enrol in their stock training program.

Agree with @AngTayKor.
While it offers potential to keep expanding and opening IR/casinos in Thailand and UAE, the big, enormous and large debts incurred in putting together these new projects - Thailand & UAE & more in the horizon will pile uP their debt even bigger, deeper and further.
They have to resort to external funding with Large Loans as internal funding is insufficient.
This will jack uP gearing ratio as well as take on higher risks.
Risks become and get Riskier

Remember, like RWLV, early years of new casino less business and higher expenses, etc. leading to more losses.

Will repeat itself with Thailand and UAE.

Share price may not rise as expected, and may even decline and drop as it is inundated with so many huge existing loans and huge new loans to cover and service.

If some negative external or internal events occur such as weather - storms, geopolitical, regulatory processes, financial or economic downturn or health/pandemic, share holders may bear the full brunt of price falling low.

Good move for Thailand to expand its tourism mkt.
Finalize govt plan for 5 IR/casinos: 1+ yrs,
Invite, process, analyze, select, approve: 1+ yrs,
Build, construct, complete, open: 3 yrs.
Target launch open earliest 2031 CNY.
Winning bids news late 2026 - early 2027.
A long wait for rumors to spike uP GB price
Don't forget must borrow RM10+B to fund it.

Very quiet during labor day weekend but with more events lined-up towards year end and approaching Christmas and New Year celebratory, festivity and holiday seasons, footfall and traffic will spike uP. More people coming, more sales, more revenue, more profits.

This tactic works well for off peak hours, off peak days and off peak season.

But it does not bode well for Annual Pass holders and the management.

Annual Pass holders want access any time, especially during peak hours and peak days.
Management wants more revenue, especially during peak hours and peak days.

This runs counter intuitive to their goals of earning more and maximizing revenue.

Over burdened and over crowded minimizes effectiveness and efficiency.

I agree with @Balian de Ibelin that this may not be good, effective marketing.
At best, it is a short-term, promotional & PR campaign.

This promotion is to attract people to enrol for Annual Pass of RM 280.

Initially, this may secure more revenue with high enrolment of Annual Pass.
Later, with more visitors descending on Skyworlds during peak hours and peak days, the place will be overcrowded.
Then, Annual Pass holders will be disappointed as they can't access the rides. Their disappointment will lead to anger & bitterness. Bad comments and feedback will follow. Bad image and reputation to G Skyworlds will arise. Both Annual Pass enrolment and its revenue increase will taper off as a consequence.

Annual pass is so so only.
As it's far away, you won't be going there every other weekend.
RM 280 pass ticket unlimited access to G Skyworlds.

A lot of Terms & Conditions.
NO Guarantee access to all rides, etc.

First come first serve.
Only 3 free Virtual Queue reservations.

This may not work well for Annual Pass holders during peak hours and peak days as massive crowds would result in very long queues.

China today
Now, the property sector is in crisis. Developers collapsed, leaving behind huge debts, a trail of failed investments, unsold apartments and lost jobs.

Foreign firms that once rushed into China to catch a rising tide are now retrenching.

But the debt from that borrowing has ballooned to more than $7 trillion

Real estate prices continue to plunge, and Chinese stocks are underperforming compared with those in just about every other major country.

Foreign funds have turned into net sellers of Chinese equities in 2024, which would be the first annual outflow since the data became available a decade earlier. Shares of around 180 Chinese companies have been removed from a critical stock market index since the start of the year.

A record-setting surge in exports is fueling China’s economic growth. But the glut of supply is also undermining the profitability of high-tech manufacturing industries that China had hoped would soften the blow of its painful shift from real-estate-led growth, while drawing a backlash from major trading partners.

For its part, China has downplayed economic concerns.

For a vast number of young people, there are not enough jobs.

Success or storm is no issue.
@ATK can survive and succeed come what may.
If stormy, long-term investors can wait few years.

Biogen reported that

about 2,500 people worldwide
are taking the intravenous drug
Aduhelm.

@Peaches, as long as they don't attack @AngTayKor & @eagleye, we will not retaliate.
Those who respect us, we respect vice-versa.
Better still all don't post for example -
6 mths if they can handle it.

@Peaches, this applies to all, to me, to you & to him as well.
So, you should direct this to everyone and not just me unless you select to direct it to me only.
I appreciate your comment though.

@Peaches L, he has been attacking @AngTayKor non-stop and me, some.

When he's disrespectful of @AngTayKor and me with his disparaging remarks,
naturally both @AngTayKor and myself reply and respond.

If he attacks you Peaches L,
you mean you are so gullible that you will just let him stomp on you.
Naturally you will react.
Nobody should disrespect others in this forum with their posts.

Read his posts and you will know whether he respects others in what he said in his posts.

He befriends and praises those who agrees and supports him even though he may not be right with his posts.

I think you may be fairer and have better ethics and morals than that,
am I not correct ?

The statements by

Balian de Ibelin,
Johnchew123,
AngTayKor

are 100% CORRECT.

TRUTH is what we need to share.

Just bcos you buy the share does not mean you should cheer & champion the share 24/7/365 non-stop with up to 30 posts a day everyday with all kinds of fake and false info hoping that forumers and shareholders will be so gullible to just accept whatever you posts.
By doing this, you are attempting to mislead others into thinking the situation is positive.

The aim, intention and motive is to sway people into buying GB to support your purchase with the ultimate goal of hoping more buyers will create a greater demand pushing the price up so that you can sell/dispose/dump it to these naive/newbie and unsuspecting buyers.

Is this a noble motive to scam and cheat others to buy while you dump GB shares.

Next
With GB results out, no need to post
l o n g post to cover up and conceal what others have posted to reveal the real results of Q2 which is negative - less than expected.

Be genuine, honest and sincere.
Everybody appreciates it.

@StakesAreHigh, agreed.
However, this guy likes to attack others all the time while he dislikes and disparages them when they reply and respond to his attacks.

So, StakesAreHigh, would you reply and respond in defence when you are being attacked for no justifiable reasons.

Summary,
He wants to ATTACK OTHERS all the time.
He wants to CONTROL OTHERS all the time.
He wants to FIGHT all the time.
He wants to be RIGHT all the time.
He wants to WIN all the time.

So, if he attacks you in his posts, do you just lie down and let him stamp on you ?

Money Makers, you are the A'HOLE.

SCAREMONGER to people to sell so you can scam them to LOSE money in order for you to BUY LOWER.

But your IQ does not allow to think smart as

NO MATTER WHAT BULL SH!T
YOU SHOUT & SPEW,
NO ONE LISTENS & FOLLOWS YOU.

YOU POST IN THIS FORUM TO
MAKE SUCKERS OF OTHERS BY SCARING THEM TO SELL SO THAT
YOU CAN BUY LOWER.

IT WONT WORK AS POSTS IN THIS FORUM WOULD NOT MOVE THE PRICE AT ALL.

@AngTayKor, you are at expert level.
No point rebutting & refuting elementary level.

MikeCYC - chasing after you Money Makers until coming into GenB forum.

How good can you be ah, Money Makers ?

Posted by i3lurker >

MM (Money Makers) =>

You are unable to realise that people dun think about you at all.
Its not all about you,
thats why I always ignore your fake statements

=> Your mind cannot process info that nobody remembers you

In trauma thereof you claim people caught lying

Posted by i3lurker >

MM =>
You are unable to realise that people dun think about you at all.
Its not all about you, thats why I always ignore your fake statements

=> Your mind cannot process info that nobody remembers you

In trauma thereof you claim people caught lying

Posted by i3lurker >

MM =>
You are unable to realise that people dun think about you at all.
Its not all about you, thats why I always ignore your fake statements

=> Your mind cannot process info that nobody remembers you

In trauma thereof you claim people caught lying

Posted by i3lurker >

MM =>
You are unable to realise that people dun think about you at all.
Its not all about you, thats why I always ignore your fake statements

=> Your mind cannot process info that nobody remembers you

In trauma thereof you claim people caught lying

Posted by i3lurker >

This feller MM

always wants to win argument !!!

once you do this ... nobody tells you anything real in real life one
and you are forever just book theory ONLY

=> I just ignored him and he thought he won argument.

Posted by i3lurker >

This feller MM

always wants to win argument !!!

once you do this ... nobody tells you anything real in real life one
and you are forever just book theory ONLY

=> I just ignored him and he thought he won argument.

Posted by i3lurker >

This feller MM
always wants to win argument

once you do this ... nobody tells you anything real in real life one
and you are forever just book theory ONLY

=> I just ignored him and he thought he won argument.

Stock: [GENTING]: GENTING BHD

5 days ago | Report Abuse

Posted by Mikecyc >

Haha Tin Kosong MonieM
give lectures here ke …
no more Shouting Rocket Limit Up ke as in Tsh ..
don’t own deleted own posts loh …

hahaha

Stock: [GENTING]: GENTING BHD

5 days ago | Report Abuse

Posted by Mikecyc >

Haha Tin Kosong MonieM
give lectures here ke …no more Shouting Rocket Limit Up ke as in Tsh .. don’t own deleted own posts loh …

hahaha

Stock: [GENTING]: GENTING BHD

5 days ago | Report Abuse

Posted by Mikecyc > | Report Abuse

Haha Tin Kosong MonieM give lectures here ke …no more Shouting Rocket Limit Up ke as in Tsh .. don’t own deleted own posts loh …hahaha

@AngTayKor, this Adam Koo guy,
Aiya, long, long ago lah, he tried to push parents to send their kids to attend his whatchamalacallit how to study better and all that stuff in Spore. After making money and run out of parents and students to catch, he went across border to Msia to RPT same-same. After making money and again run out of parents and students to catch, he tried crossing to nearby Asian countries. Finally, can't catch anyone with same mouse trap.
After sometime, he read some books and resurface as wannabe stock market teacher, quoting famous names to show he knows alot.
He reads here and there and then rehash what they think and say in his own way and words.
Like there, where can pakai !
This fella, tak bolih pakai one.

Like that, better look & read for ourselves.

@AngTayKor,
RM39+ BILLION DEBT is
Big, Enormous, Giant, Huge, Large.

With more expansion in the works, as well as more bids for new licenses to build new casinos - IR -, they need to be well prepared to meet any unexpected events or else disaster strikes and stock prices come tumbling down.

Of course, if you can hold 15 or more years as a long-term investor, then you may be able to ride out the storm.

However, GB has retreated from over RM10 to just RM4.35 in over 10 yrs.

Some stuck at Penthouse for over a decade !
Hope he doesn't resort to RPT again.

GENTING
-0.09
4.31
-2.05%

PBBANK
+0.12
4.66
2.64%

Previously GB much higher !
Previously PBB much lower !

Now what happened ?
GB going lower !
PBB going higher !

Reverse direction !
Reverse position !
Reverse value !

GB 4.31 & PBB 4.66

PBB OLD MAN STOCK
DEAD, DEAD, DEAD STOCK !!!
NOW MORE ALIVE THAN GB

Hope this won't happen.
If it does, share price may head south.

KUALA LUMPUR (Aug 20):
A complaint by the Nevada Gaming Control Board against Resorts World Las Vegas could

jeopardise Genting Bhd’s (KL:GENTING) bid for a downstate New York full casino licence, CIMB Securities warned.

Existing slots business of Resorts World New York City could suffer if other casino operators successfully secure the licences while it does not, the research house flagged in a note. Genting operates the New York operations through its subsidiary Genting Malaysia Bhd (KL:GENM).

“We think another risk is that a negative review by the commission could jeopardise Resorts World New York City’s bid” for the licences, open for applications in mid-2025, CIMB said.

In closing & conclusion,

I have personally benefitted financially from
AngTayKor's
advice.

A great guy.

Please read.
Thank you.

MONEYCONMAN ATTACKS @ANYTAYKOR
BECAUSE HE'S ENVIOUS & JEALOUS.

WHY IS MONEYCONMAN ENVIOUS & JEALOUS ?

BECAUSE @ANYTAYKOR IS BETTER THAN HIM.
BECAUSE @ANGTAYKOR IS MORE SKILFULL.
BECAUSE @ANGTAYKOR IS MORE EXPERIENCED.
B'COS ATK KNOWS TA & FA, BUT HE DOESNT.
BCOS ATK KNOWS CHARTING, BUT HE DOESNT.
BCOS ATK IS RICHER THAN MONEYCONMAN.
BCOS ATK IS BETTER, SMARTER, WISER.
BCOS ATK IS AN EXPERT.
BCOS ATK CARES & SHARES WITH FORUMERS.

That is the Real Truth.

Copying and pasting - posting
NON-STOP does not make you a guru.
It's the reverse.

You cant control this forum by posting NON-STOP everyday.

Don't be conned and
Don't be cheated.

Everyone knows who is posting facts and
who is posting fictions.

I am not an expert either.
I am a GB investor.
I know, can feel, and see truth when it's truth.

I know, can feel & see con & fake with MONEYCONMAN.

A real fake - MONEYCONMAN

MONEYCONMAN posting nonstop to drown out & silence others.
That's the tactics MONEYCONMAN uses.

So envious and jealous this MoneyConman.

I praise @ATK for his expertise.
@ATK shares & helps others.

But
I DID NOT PRAISE
moneyconman
because he only copy & paste news already known to most forumers.
We can hear, read & see these news on net, social media, chats, papers, tube, tv, etc.

Moneyconman even admits he kepo, kepo only.

Like @ATK said, already hitting 4.50 resistance, but MoneyConmann wants to influence forumers & newbies to buy by copying & postings any news that may only look positive but in fact may not affect, impact & influence GB's price.

What a joke, copy & paste nonstop 10 - 20 posts everyday.

When@ATK posts, it is relevant & useful.
@ATK don't just posts but he contributes & it benefits us & helps in the process of decision making.

I praise @ATK
but do not praise MoneyConman.
Don't be jealous lah...