they just need to hedge properly.

Genting chairman and CEO Tan Sri Lim Kok Thay had said in the group’s latest annual report: “Although the investments in R&D within the medical space pose higher risks than other investments, as the results and success rates are uncertain and the gestation period for any breakthrough discovery can be long ... the group is committed to finding new solutions to improve the health of mankind and the community.”

maybe can get back from stock market.

This LKT waste so much money already?
TauRx Pharmaceuticals receives $111.8m commitment from Genting to prepare for Market Leadership in Alzheimer's SINGAPORE and KUALA LUMPUR, Malaysia, Nov.

20.3% only..
GENTING Bhd's 20.3%-owned TauRx Pharmaceuticals Ltd has been undertaking research in neurodegenerative diseases for more than three decades

no revenue, you want high profit is impossible. turn to profit from revenue is relatively easier.

sure foreigner buy la. so cheap. they only see the revenue.. profit is sooner or later.

recession mari. genting sure gg. don't know conserve money.. this LKT.

US inflation..

Genting boss ‘super confident’ US casino will be a big winner
https://www.freemalaysiatoday.com/category/nation/2021/06/25/genting-boss-super-confident-us-casino-will-be-a-big-winner/

Authorities in Taiwan have granted approval for Genting Hong Kong to resume domestic sailings via its Explorer Dream vessel.

According to the Taipei Times, Minister of Transportation and Communications Wang Kwo-tsai confirmed this week that the Central Epidemic Command Center had approved an application from Genting HK to restart cruises from January 2022.

However, island-hopping tours would not resume until the northern summer due to the monsoon season.

Genting HK had originally resumed cruises out of Taiwan, at reduced capacity, in July 2020 but was forced to halt operations in May 2021 following another outbreak of COVID-19. The company had previously been pushing for a September resumption but had been unable to gain approval until now.

It has been a busy few months for Genting Group’s cruise ship arm, which only this week secured a US$30 million injection of funds from its controlling shareholder, Lim Kok Thay.

The company announced an increase in ship capacity for sailings out of Hong Kong from 50% to 75% from 1 December, began accepting international travelers on its Singapore cruises around the same time and revealed it will also resume sailings out of Malaysia via Star Cruises from 22 December 2021.

Genting Hong Kong’s Lim Kok Thay Resigns After Winding-Up Filing
https://www.bnnbloomberg.ca/genting-hong-kong-s-lim-kok-thay-resigns-after-winding-up-filing-1.1712046

Tycoon Lim Kok Thay’s Genting Malaysia To Inject $150 Million In U.S. Casino Operator Empire Resorts
https://www.forbes.com/sites/jonathanburgos/2021/10/13/tycoon-lim-kok-thays-genting-malaysia-to-inject-150-million-in-us-casino-operator-empire-resorts/?sh=57c053ac798e

either way both company also at risk of bankrupt.

yes.. maybe start diversify.. because saprng maybe bankrupt..

if you google. you can see genting has history of moving money from malaysia operation to oversea operation to plug the hole.

see. oversea market all lose money 1. every time move money from malaysia to oversea operation. next you see again. same move.

The Malaysian operator, which also has operations in the U.S., U.K, Egypt and the Bahamas, last week posted a wider-than-expected adjusted net loss of MYR100 million ($22.8 million), compared with a profit of MYR296 million in the fourth quarter of last year.

honestly speaking, i truly believe a casino business won't lose money 1. but this genting proved me wrong. haha.

contract only ma. if u fulfill only got money 1.

newbies needed to know what happened in the past.

yes destiny. its time for your destiny.

i just tell the truth which already happened. whats wrong with that. of course if you want judi and play , go ahead. no one stopping you.

this young son dont know the risk. his father knew best.

those oldies and rich investors knew i am right.

cash rich become useless paper.

come also no use. genting blew a hole to its own treasury by invest in foreign country and failed.

green for you to escape. faster

i missed the time whereby i get the angpow from the boss face to face during cny . the old boss really sayang the worker. this son really.. useless

disgrace to his father.

thats guy earn money from malaysia bring it to las vegas and other country to invest and fail.. you guys still believe him. haiya.

betrayal to malaysian trust.

80mil now. walao.

welcome to casino.

up without reason. just be wary also will down without reason.

so many gambler.

quarter lose money. still can go up. haha.

france also run liao.

BERNARD RENE FRANCOIS DI TULLIO also run liao.

i got petronas contract. i can pump my stock to RM1.00. haha

fire hengyuan hedge manager. hire me. :)

so many resigned. haha.. early already should resign.. earn so much.. bring so much debt until want to bankrupt.

they got one pipe go through ukraine to east europe country.. and you also know they got nord stream pipeline to german and second one also stopped. and they got additional one more pipeline over turkey.. and one more over siberia to china. and another one through west china.

ukraine where got so many oil. they only got industrial and plantation over east side.

you need to see petronas contract value and is it serbadk can fulfill lo..

arab won't pump more. unless US threaten them. but if young prince berkuasa, i don't think he will obey US.

dead stock.. no momentum.

Petronas needs the equipment to pump more oil. so, give contract.. but whether or not serbadk can fulfill is another story,

Back to 0.23

limit down