graynoize8

graynoize8 | Joined since 2019-03-01

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Stock

2019-03-26 20:41 | Report Abuse

But in LKT we trust. He's best man to lead Genting from the family. Look at how the nephews lost the casinos given to them in Australia by LGT. Curse of the family business.

Stock

2019-03-22 10:50 | Report Abuse

Damn miss the chance.

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2019-03-21 07:48 | Report Abuse

Yeah I agree with most of it but then for dividend, the fat and yummy ones to date are from proceeds from sales of assets. Once that dries up, we might not be getting dividends as frequent as the past two years. Even if he issues it every quarter, it MIGHT, might lah be about 3-5 sen per quarter, depending on profitability.

Stock

2019-03-21 00:18 | Report Abuse

That said, it might be a few years more, maybe beyond 2020 before construction starts. And a few more years until completion. So it's a long term play if one is to rely on this.

Stock

2019-03-21 00:16 | Report Abuse

Found it again. First three locations most likely gonna be Hokkaido, Yokohama and Osaka.

https://www.japantimes.co.jp/news/2018/07/22/business/green-light-casinos-offers-jackpot-japanese-companies/#.XJJm3Unmh-E

Stock

2019-03-21 00:08 | Report Abuse

As for Johotin, sorry ya. Tin side is a minor business now. The name is misleading. It's milk powder and dairy business are the growth driver.

Okay no more other counters d. Let's continue with Genting

Stock

2019-03-21 00:06 | Report Abuse

Bidding submission not yet started. Maybe a few more months. Genting is pumping lots of money into lobbying.

Won't be so fast. Most probably gonna hear more mid or end of the year. There are three locations -- Hokkaido, Yokohama and one more I cannot recall (maybe Osaka or Kyoto). I believe Genting is gunning for two.

Stock

2019-03-19 08:12 | Report Abuse

Ah great thank you.

Stock

2019-03-19 08:12 | Report Abuse

30-Aug-2018 18-Sep-2018 DIVIDEND Interim Dividend RM 0.075
21-May-2018 04-Jun-2018 DIVIDEND Final Dividend RM 0.1
14-Sep-2017 29-Sep-2017 DIVIDEND Interim Dividend RM 0.05
02-May-2017 15-May-2017 DIVIDEND Final Dividend RM 0.07

Since 2017, the pattern has been like this. So expect it to follow the same.

Stock

2019-03-18 19:30 | Report Abuse

But then, if the company keeps issuing more shares in the millions to directors, won't the move dilute the value of our shares that retail investors are holding?

Or maybe that's why they buy back. Don't really understand whether it's newly issued ones or issued from existing shares that company holds.

Stock

2019-03-18 19:29 | Report Abuse

Owners and directors are too rich and have holding power lol. They can even buy when price is much higher like peanuts. For us sakit lol. Still waiting for my chance to eat more. Holding more of Genting and slightly less GenM. Planning to add GenM if it goes below my average.

Stock

2019-03-18 19:21 | Report Abuse

Eh not buyback. Issued more shares to directors and owners. Damn.

Stock

2019-03-18 19:19 | Report Abuse

18-Mar-2019 Insider GENTING MALAYSIA BHD buyback 1,500,000 shares from 3.400 to 3.450 on 18-Mar-2019.

18-Mar-2019 Insider MR LIM KEONG HUI (a company director) was dealing with company shares on 18-Mar-2019.

18-Mar-2019 Insider MR LIM KEONG HUI (a company director) was dealing with company shares on 18-Mar-2019.

18-Mar-2019 Insider TAN SRI LIM KOK THAY (a company director) was dealing with company shares on 18-Mar-2019.

18-Mar-2019 Insider TAN SRI LIM KOK THAY (a company director) was dealing with company shares on 18-Mar-2019.

Wow. More buyback. This time personal family members.

Stock

2019-03-18 19:18 | Report Abuse

Genting and GenM are both not for trading. It's for long term keeping. Personally, I'm aiming for both to hit their previous high before the tumble. Genting as a whole organisation is an incredible cash machine.

News & Blogs

2019-03-18 08:45 | Report Abuse

Don't like the management.

Stock

2019-03-18 08:42 | Report Abuse

Dividend usually next quarter. In May. Check dividend history.

Stock

2019-03-16 14:51 | Report Abuse

Let's wait and see. Planning to collect if the price getd even lower.

Stock

2019-03-15 09:24 | Report Abuse

Big boys manipulating is like those with huge amount of cash at disposal push it down so that small investors panic and then sell so that they can collect. Something like that. Just one of the examples.

Genting is fundamentally solid with extremely strong earnings. Don't be panic if drop down abit. Go long. I believe it will slowly creep up back to its previous price before the major drop.

Stock

2019-03-15 09:16 | Report Abuse

Hope for more buyback today.

Stock

2019-03-14 20:36 | Report Abuse

When a company buys back its own shares, means there are less shares available in the market, thus low supply.

What happens when demand is higher than supply?

Stock

2019-03-14 18:01 | Report Abuse

Was hoping to get Genting for cheaper but overextended a little bit with average of 7.1 now. Might average down if it goes down further.

Stock

2019-03-14 17:55 | Report Abuse

Holding both Genting and GenM. Thought of getting more of GenM but might as well wait until the buyback stops.

Moved other leftover cash to RHB.

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2019-03-14 09:39 | Report Abuse

Third round of buyback by GenM, disclosed yesterday.

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2019-03-14 08:31 | Report Abuse

Another round of buyback. 3 rounds.

Stock

2019-03-13 09:18 | Report Abuse

AA has the upper hand now given how MAS's upcoming capacity to be added moving forward has been slashed badly.

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2019-03-12 08:48 | Report Abuse

Castlelake news I believe was about the previous deal, amended.

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2019-03-11 09:07 | Report Abuse

Drop so much. Good game.

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2019-03-11 09:06 | Report Abuse

AA is lucky to bet on Airbus instead of Boeing.

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2019-03-11 08:53 | Report Abuse

Usually main page cover story depends on how big an advertiser you are. The more money for ads, the more likely that you will get huge cover when you have newsworthy story.

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2019-03-09 15:19 | Report Abuse

No travel no life. No travel can die.

Stock

2019-03-08 20:36 | Report Abuse

Remember Tehran? It's good to add more unique routes. But then how sustainable are the returns from flying to such locations. Time will tell.

I remain pessimistic on the Lanzhou route. If you know your geography, you'll understand why. Other second-tier or third-tier cities might be better choices than one that is in Gansu, IMO.

Let's see how it goes. Hopefully, Lanzhou will ben positive. Tianjin, oth is a superb choice due to its growing economic importance, and location (proximity to Beijing).

But then, why not fly straight to Beijing instead?

Stock

2019-03-08 18:52 | Report Abuse

Asked before. Was told that instead of dividends, the company prefer to use money for marketing to grow the brand name. And shareholders have to be patient. Slowly wait lol. One day, one day.

Stock

2019-03-08 17:44 | Report Abuse

If you noticed as long time investor for AA and AAX, everytime before quarterly results if Tony said damn good, best year ever etc, results will be otherwise. Happened every single time.
08/03/2019 17:44

Stock

2019-03-05 23:14 | Report Abuse

Btw just saw while reading. Vanguard FTSE Emerging Markets ETF has about 24,097,048 shares of Airasia, worth US$17,963,443.

Stock

2019-03-04 09:40 | Report Abuse

Volume seems to be extremely low.