This year very sial for KT Lim... he really need to buang sui...

Comeon when you buy genting shares is not only operations, its also the entire genting land + casino + hotel + themepark. So far we talk about share price up and down but intrinsic value is the property... the entire Genting Highland property got reduction in Psf valuation? Not so worried with GHighland Msia.

Only worried is if KT Lim suddenly bail out Genting HK then dunno what to say.

Drop below RM20 i consider... lol... and must change govt to boot... hahaha

not much too lose to be honest... if loss RM3bln the Net Assets pershare is RM2.44/share... what is the big deal now is almost at that level... nothing to lose if keep...

come on look at the the operations... genting resumed only in June right... meaning no income in April , May and June... Assuming we take Q2 2019 numbers and we change revenue to 0 , expected to lose around RM3bln in Q22020? Net Assets for Q1 2020 is RM17474mil so deduct the expected huge loss of RM14474mil divide by No of ordinary shares of 5938 mil shares....around RM2.44 lah the Net Assets Per Share...

Wow... unchanged... as at 12.31pm.... amazing... qtr results came out bad but price remains unchanged. Sure or not?

yeah just bought asap when OPR dropped. hedge against low interest environment. Is it me or i feel the economy is going to tank 2Q 2020 results will be bad for most businesses.

PE too high already ... yes may go up some more but then now with CMCO and possibly ending of MCO i dont expect it to shoot up so much any longer.

Sell now buy later no issue...

yeah but did you hear they gave 2 months free rent? So i expect 2Q20 income to substantially fall.

Malaysians are now sick and tired of politics. The standoff must end and proper government must be put into place. i for one dont care who governs as long as the government can look after the economy. The past PH Government has been a failure in their economic management and that resulted in resentment by the people as can be seen in the by elections. As for this Perikatan National, the cabinet isnt even formed and is making me very anxious because it would appear tht PN is not a stable government.

I noticed somehow is all those counters linked to BN previously... somehow do you notice Genting, Airasia, CIMB, all these counters were pro BN counters... all got headwinds bashing... Not sure if is a conspiracy or what? I suppose all these people are crooks in their own ways.

you cant compete against illegals... whether illegal gambling, illegal cigarettes, illegal video box... there is just no way to justify if your product competes against illegals... I believe all the industry cigarettes, video box, gambling will suffer huge drop in profit unless govt takes stern action. right now, I have cut loss on all companies that compete against illegal products whether is Astro, GENM, BAT and others... the only thing I hold now is Carlsberg and Heineken cause even though there are contrabands people still will think twice from putting questionably sourced alcohol and putting into their mouth.

Gamuda should be a strong buy - increased potential cashflow from the RM6.2bln govt acquisition of the 4 concessions + strong work flow. Gamuda has previously guided that a portion of the proceeds will be redistributed back to shareholders and the remainder to be redeployed for
working capital for the Penang Transport Masterplan (PTMP) and other projects

The trend is up due to 5G? Many people want to hold and keep as expected 5G is coming. i think overall the trend is there. Upwards. Go read the Edge daily papers for today and you will understand.

YES...accounting treatment didnt impact cashflow. Revenue is still strong... dont understand the selloff.

but honestly this business is a dying business.. is it really that trendy to smoke cigarettes?

before budget announcement people scared got new taxes... maybe after budget will bounce back

6187acres of land for sale in Sime Darby Plantation? My goodness,are they in the business of selling land? This is bad news as they are sacrificing future profit for survival. They should have sold it to Sime Darby Properties for their property development. This is loss of synergies. Remember some of us owns all 3 of the shares due to the demerger exercise.

In the first place the demerger exercise was a failure. Why demerge when previously the objective of Sime Darby merging is to take opportunity of the synergies from mergers. The only reason i can see is to allow Maybank and CIMB to earn big fat commissions.

Pros of land sale
- Short term gain from the cash flow

Cons of land sale
- Selling land is not your business activity. CEO must answer on this irrational move.
- why sell to external when you have another sister company?

If we add all of SIme Darby today we get 4.78 + 2.30+0.98 = 8.06. This compares to RM9.05 premerger.
Obviously the dermerger had failed. What a load of bollocks. Wahid was an idiot.

RM3 is a posibility.

profit doubled man... This is very excellent results. Their 1Q results was based on RM/USD of RM4.09. Now is at least RM4.19.... i think 2Q should be even better unless got unexpected losses?

Bought some at today. Positive outlook on stock:-
1) USD/MYR - MYR depreciated vs USD should lift this stocks
2) US - CHina Trade war impact should have positive impact on stocks
3) Dividend Yield is high >3.5% will reduce any risk of further stock price fall.
4) High roe of 18%

Lets hope for the best guys.

The way i see it, there is a vendetta on Genting because Genting was seen to support the BN Govt. No choice Genting has to do the bidding of the current government under Mahathir. Currently not even 1 year has passed and already got so many political moves against GENTING: 1) Casino Tax 2) Levy Tax 3) Equanimity ... still got 4 more years to go. Hold tight cause the road is rough ahead. Now you see the keyman in Genting supporting and doing photo ops to boost their relationship with the Govt. Only time will tell..

how you know super good? insider tell?

EPF selling at RM1.8 why still push up this stock? while this is the best shopping mall the share price is rather high.

so any one subscribing to the rights shares at RM0.3?
If yes, what is the rationale
If no, what is the rationale?

why you guys go all in? some factors to note about this stocks:-
1. US impairment is just an impairment. reversal is still possible
2. Impact on Fox Theme park still not known
3. Casino taxes impact yet to be seen
4. Potential impact from PH anti BN businesses.
5. Internal family squabbles - Sons of first brother suing the KT Lim and his bro.

All this indicates that GENM and GENT has more headwinds coming forward.

no guarantee that this government will not tax future revenue if they dont have money.
I think we can conclude that Genting is proxy to BN and MCA, even MYEG did not get whack this hard. Good luck to this counter. 5 years of pain starting with the Budget 2019 announcement.

6 months ended june gross revenue = RM4.261bln
6 months ended June 2018 nett revenue - RM3.196bln at 25% gaming duties

If at 35% gaming duties then June 6 month revenue nett = RM2769.55mil
Difference of RM426.35million lower profit for 1/2 year
If for full year = RM426.35 x 2 = RM852.70 lower profit for full year :-(

How much share price must drop to cover RM852.70million???

Sreejaya Menon - Group Communications Head please go and resign.

Ms. Sreejaya, aged 49, joined Gamuda
as Head of Corporate Communications
in June 2016 and is responsible for
the Group’s overall communication
strategy, corporate branding and
reputation management.
Prior to joining Gamuda, she was
Head of Corporate Affairs at the
Securities Commission, the regulator
of the Malaysian capital market.
She has over 20 years’ experience in
corporate and government relations,
corporate citizenship, media relations,
internal communications and branding
given her stints in Citibank Berhad,
American Express and Ogilvy &
Mather.
Ms. Sreejaya holds a Master of Arts
in Communication Management from
the University of South Australia,
Adelaide

I am a holder of Gamuda shares and now i also dont know what to do. Sigh... i blame all this on gamuda Board of Directors and IR Head

die Gamuda now in open war of words with the PH govt. Why so stupid? PH just won a bitterly fought election with majority votes to overthrow a 61 years old kleptocratic govt. Threatening 20,000 job loss on PH is unfair and un-Malaysian. Good luck to all the Board of Directors. What a bunch of numbskull! The Head of Investor Relations should resign for their ill-advised decision.

die Gamuda now in open war of words with the PH govt. Why so stupid? PH just won a bitterly fought election with majority votes to overthrow a 61 years old kleptocratic govt. Threatening 20,000 job loss on PH is unfair and un-Malaysian. Good luck to all the Board of Directors. What a bunch of numbskull! The Head of Investor Relations should resign for their ill-advised decision.

have all these been priced in already mogul88?

theoretically should drop but could have been already priced in ... in short... the answer is it depends ... lol

tak ada kerja lain kah EPF?

what is EPF doing???? someone has to do an audit on EPF.

joke of a counter... EPF buy and Sell buy and sell dunno what it is doing??? everyone else waiting on the sidelines

the auditors in charge were negligent. Full STOP. They were supposed to do event after reporting date audit. They ought to have obtained the bank statements to proof ending balance of cash... The way the book was written was as if they used the deposit slips to proof cash inflows but not cash outflows. In cases like this it is hard not to suspect that the auditors colluded with the culprits and management of 1MDB.

Why all the TP is above RM18 but the stock still languishing at RM17

Why are the prices going down? No catalyst for mbb?

Insas is a complex company with too many business. I see annual report also headache. Anyway What if owner decides to buyback the company at say rm1?

Pls lah look at the current 1Q18 quarter cashflow? Surviving by borrowing from banks + issuing shares via share placements. Cash flow from operations is a huge negative and offset by cash flow from financing. While price is low, i still dont understand why this stocks is so great? care to enlighten me.

Was considering to sell as well Tipster, then i realised that this quarter april to june results yet to come out & the following 3 months July to sept free tax holiday also yet to come out. While prices have been on the uptrend the increase in prices for IGB reit may not be reflective of the better performance this year as there are strong catalyst for possibly the next 2 quarter. On 4th Quarter, i understand Southkey megamall is going to open which has yet to be injected into IGBReit. But if the mall is successful then there is potential catalyst for IGBREIT for the years ahead. In the meantime holding on to the share at current price yields a return of 4.74% which is above the FD rate of most banks.

RM5.0 coming guys hang in there

what is the reason for the decline? no impact to fundamentals right... earnings still sustained ?

good article. Thank you.

why this old man crazy crazy still want to have his malaysian made car? automotive industry is being disrupted by ride sharing and driverless cars and yet he still insist on manufacturing his own car? why why why? some times dunno what is his craze over malaysian made cars? Nowadays where got any cars truely made in one country? its a rojak of countries coming together to supply parts for the cars. I honestly dont understand this old man.

yeeling Any good news for KESM? Why up so much?

should be RM20.00 if based on research reports... question should be why so low? :-)

all is EPF and AManah Raya linked companies buying and selling ... joker...they say is foreign direct investment flowing out but look at the announcement on bursa... sometimes, you wonder what are they doing... dispose low to force price low then buy cheap... if compared vs PBB price is stable only no change indicating fundamental still solid for banking sector. Sometimes i see the market i also panic.... but since reading Buffetology i realised as value investor if price fall is an opportunity to buy.