and that lorry will go straight to holland on a one way ticket !

uncle lim no eye see the squandering of his lifetime hard work !

no RM8 no sell !!!

time to top up now folks !!! hahaha

sometimes you just have to give credit to these people with the spirit of ah Q.... hahahaha.

with this market sentiment there is only one way traffic, going south !

KLCI stomach ache

another massacre day ahead, fasten your seat belt or get blown away.

In english, this short stop is called "taking a breather", the avalanche will resume after the break..

the red in genting is almost over ? you must be in slumber land...

Have you all ever seen a car running down hill without brakes ?

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The avalanche of snow is going to bury a lot of poor souls...

If you consider today's drop as diarrhea, then tomorrow's presumably negative news will be regarded as "explosive diarrhea"....

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Let's be forewarned that those who stuck their head into the genting quicksand better pray hard hard that the TauRx's clinical tests do fly past the FDA barrier or you will risk the biggest avalanche you will ever face in your lifetime as i have said before, Genting has nothing to show for the past few quarters and it is primed for a huge correction should the TauRx' huha is only thunder without rain.

You bunch of rent seekers must thank me for cursing GB and GMB yesterday, did i not say every time after i opened fire on GB and GMB they will immediately toughen up its share price ? Proved that i was right all the way hahahahaha !!!

First of all, my apology on my lambasting of the management of GenB and GenM, it's been a long time coming. Nonetheless, harsh truth is always hard to swallow. Scolding a child doesn't mean you don't love him or her, sometimes it is for the good of that subject's interest. However, there is one good news about this whole saga, i.e. whenever i opened fire on this GenB and GenM, its share price always toughens up in the next few sessions, like taking tongkat ali, and it never fails. Let's see if i am right again this time. Good luck folks.

DestinyL a nobody like you has no value to me, got no time to entertain haters. By the way, which part of my comment isn't speaking the truth ?

Finally today all genting shares were dumped, GB and GMB, not a single ticket left. Has been the ardent supporter since uncle lim's days. But the time is up, the good old days were gone, and it is all because of the prodigal son, World Resort or Genting, will never be the same again. Ever since the company was controlled by the prodigal son, the performance of the Genting group companies were worse off quarters after quarters, years after years. If the happenings of covid wasn't bad enough, there would always be squandering of funds somewhere along the line. Losses of the RM1.8billlion Whampanoag investment, at least RM500 million Empire Resorts, still to no end, and the default payment of infamous genting HK luxury cruise liners, just to name a few, shocking ! absolutely shocking ! And when someone never worked his way up like most people did, this is probably the result of it. Despite palm oil price is historically the highest in the first quarter, they only managed to make meagre sum of profit by having lame excuses left right and centre. Even GentingM revenue was up almost triple yoy, still they managed to come up with a whopping 142 million losses ! Unbelievable ! And the excuse was, expenditure was up due to more staffs are employed, well you have to manage the cost and keep it under control ! That's why the CEO is the best paid CEO in the country ! But fail he did, costs were out of control and yet again, RM142 million losses were incurred. Not to forget, MCO was lifted since last October and Skyworld was up and running since 1st February. Frankly, this is definitely NOT GOOD enough. Imagine if another round of movement control is imposed, it would certainly spell huge trouble for this management. Someone did say it precisely, previously, that one should not have sentimental value on any stocks. Have been placing too much trust and faith on this company but the performance of this CEO is far too disappointing, and the huge salary being fetched, is totally unacceptable. A good CEO, is someone who can turn a coal mine into a gold mine, but a terrible CEO would turn a gold mine into a hazardous bauxite mine. And buying a banking stock would have given you as good the return if not better.

Finally today all genting shares were dumped, GB and GMB, not a single ticket left. Has been the ardent supporter since uncle lim's days. But the time is up, the good old days were gone, and it is all because of the prodigal son, World Resort or Genting, will never be the same again. Ever since the company was controlled by the prodigal son, the performance of the Genting group companies were worse off quarters after quarters, years after years. If the happenings of covid wasn't bad enough, there would always be squandering of funds somewhere along the line. Losses of the RM1.8billlion Whampanoag investment, at least RM500 million Empire Resorts, still to no end, and the default payment of infamous genting HK luxury cruise liners, just to name a few, shocking ! absolutely shocking ! And when someone never worked his way up like most people did, this is probably the result of it. Despite palm oil price is historically the highest in the first quarter, they only managed to make meagre sum of profit by having lame excuses left right and centre. Even GentingM revenue was up almost triple yoy, still they managed to come up with a whopping 142 million losses ! Unbelievable ! And the excuse was, expenditure was up due to more staffs are employed, well you have to manage the cost and keep it under control ! That's why the CEO is the best paid CEO in the country ! But fail he did, costs were out of control and yet again, RM142 million losses were incurred. Not to forget, MCO was lifted since last October and Skyworld was up and running since 1st February. Frankly, this is definitely NOT GOOD enough. Imagine if another round of movement control is imposed, it would certainly spell huge trouble for this management. Someone did say it precisely, previously, that one should not have sentimental value on any stocks. Have been placing too much trust and faith on this company but the performance of this CEO is far too disappointing, and the huge salary being fetched, is totally unacceptable. A good CEO, is someone who can turn a coal mine into a gold mine, but a terrible CEO would turn a gold mine into a hazardous bauxite mine.

After going through the QR, the losses were mainly due to higher depreciation and finance costs; most importantly, it was still taxed 31.2 million which means it is still making money. Unfortunately in accounting terms, a loss is still a loss and it will surely scare off investors and caused major sell off. I suspect there is an agenda orchestrated by Genting itself by bargain hunting or even attempt to buy back its shares at lower price. Do monitor the movement tomorrow and make sure you don't follow the sell off and fall into the trap set up by the ruthless and heartless mastermind.

After reading the QR, the losses were mainly due to higher depreciation and finance costs; most importantly, it was still taxed 31.2 million which means it is still making money. Unfortunately in accounting terms, a loss is still a loss and it will surely scare off investors and caused major sell off. I suspect there is an agenda orchestrated by Genting itself by bargain hunting or even attempt to buy back its shares at lower price. Do monitor the movement tomorrow and make sure you don't follow the sell off and fall into the trap set up by the ruthless and heartless mastermind.

Loss is loss !! no excuses, no need cover up..... this QR really disappointed..... foresee it will drop to below 2.90 this month .... today closing 2.98 !!

Dont kid yourself, you will be lucky if it can hold at 2.80 tomorrow, this QR is a nuclear bomb in most Genm investors' mind. Unimaginable and unthinkable for Genm to have made a loss of RM142 million with lifting of MCO and opening of skyworld with crowds jamming the whole mountain, but it was all a deception.

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All local and foreign investors' confidence will go rock bottom, even if your holding power is good, it will take at least another 2-3 quarters with good earnings for the investors to recover the loss of faith on this company.

Making profit of RM414 million (EBITDA) yet taking advantage of the accounting loopholes 147.8 million losses was incurred. This is madness !

Historically, Genting plantation has never been GenB core business and it only constituted around 10-12% of GenB's overall profit. If Genting Plantation is the appetizer, then casinos, leisure and hospitality are the main course of GenB. Therefore, if one has to examine the performance of GenB, GenS and GenM's performance are the determining factors as both of these contributed more than 80% of its bottomline. Uk, Egypt, US and Bahamas would be the dessert but these few countries are picking very well for the past few quarters and did it share of contribution. Furthermore, Genting Plantation's performance of 1st qtr isnt as bad as it looks. Year on year it achieved more than 80% increase which is a better reflection of its performance since oil palm is a cyclical crop which normally has a far better production period in the 4th qtr. Being in this line of business for over 30 years i know how it works. So all hope is not lost, and certainly not doom and gloom, it looks quite promising as a matter of fact, we just have to pin our hope on GenM Quarterly report tomorrow to provide a springboard for both companies to march forward.

@JBond007, as a nobody, kincho fits me just fine. On second thought, at least i wont masturbate myself into becoming a world renowned British spy...

@ATK, same goes to you.

When looking at the timing of the news on TauRx's press release, together with almost 10% appreciation since 12th May, it is most likely a strategically planned move by certain quarters in order for its price to be supported by the common folks, be it futile or to a lesser extent, while these crooked syndicates are prompt to slowly dump their lots in the coming sessions. If TauRx really has the late stage clinical trial passed with flying colours, they wouldnt have trumpeted the news way before official announcement. This is not the way a ruthless share market works. Metaphorically speaking, human's insatiable greed for money is equivalent to moth flying into fire, knowingly well they will get burnt, sometimes the urge is too overwhelming to overcome.

No doubt it was an old trick, but it always works its magic.