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hahaha thanks for the confidence @Michaelchan202 .... but I can see you show good leadership, what you can do is list the questions here, and we can collectively vote for those to be in like a top 5 list, some tips 1) Do not ask day to day issues @how will mngt attract customers, how will mngt increase traffic etc etc.... these Board do not control, its day to say management staff, 2) try not to be smarter than them.... shd lease out gent plant lands etc, etc..... dont show as if you know better than them, 3) dont ask irrelevant Qs.... like why share price low? why NTA low? 4) ask humb genuine questions that as a Board member they will fee appreciated.....
My questions :-
1) What is Taurx status and update?
2) What is the long term plan for Empire?
3) Is there a plan to list RLV and if yes when?
4) How many casino biddings have Gen participated in?
5) How many casino bid wins are expected in the coming 1 year?
6) Any plans to increase non-core business @ oil and gas?
..... Just my 2cents with ah :-) to help thats all.... everyone can contribute ...peace

@Edison Cheah ..... haha thats too optimistic, Q4 will never make the 1.1b NP after MI, will be lucky if can even match the 700m made in Q3, for your info USEP price($/Mvh)/demand(MW) are as follows - March 235/6,431 and April 288/6,638 (May not yet issued)..... so good news is that April is higher than March which is a good indicator, lets hope May and June similar as April if not higher..... cheers :-)

Try to focus your questions.... from the list i see its too long and many answers u already know and this will just play to genting management advantage, i feel the No. 1 issue is Empire..... other issue on day to day management pls dont bring up in this Board level forum, just waste of time..... there shd be a minority shareholders leadership if you really want to get matters resolved :-) peace

This land price increase that Calbvin is talking about refers to Nusantara project, but this is in the heart of Borneo, which has the oldest living forest the world has ever seen.... to think they will just go cut all the trees to build a putrajaya is far fetched..... TSH is also a palm oil company not a property developer..... many are mis-led unfortunately

Calvin ..... pls show proof of this land thingy, pls make reference to external articles but just your own self confessed articles, otherwise its just shiok sendiri buddy, all other counters are moving up but but tsh and there must be a reason...

senfong seems to have a good business model, they are selling into a niche market, and there is growth potential..... but looks like they have hit their plant capacity - very little growth for increased sales unless they expend, and surprisingly they ate very low in cash holding - these 2 factors are of a big concern.... happy hunting

calvin u are here now promoting ur tsh..... LOL what happened? how bout your DC promos? Why not focus on these? You forgot to mention TSH land bank :-)

thanks for the information Rajan :-)

@Rajankumar .... why awantec profit very low just 2m from 55m revenue? why they not making money? why google choose them of all the companies out there?

will always be known for.......Awantec gained prominence in 2017 when it was awarded a RM3.5 billion contract to upgrade and integrate the border control systems for the Immigration Department. In 2019, the Pakatan Harapan government cancelled the contract.... this is to a company that market cap is 350m :-) it has big ambitions nevertheles...

u shd consider changing color @Pinky ..... otherwise ppl think we have ladyboy in da house :-) LOL

Last qtr profit was only RM14m so if free water impact is RM11m.... covering 6 mths so thats RM1.8m a mth..... so profit will reduce to 14-1.8=12.2m .... assuming rate change will be absorbed into this free water scheme covering initial mths :-(

Interesting to note that all major shareholders @5% and above are all within YTL group and family members.... nearest foreign is Credit Suisse HK at 3.12% and closest local is EPF at 2.53%.... remaining which is floating at 28.5% (other yeoh clan members also own here) ... selective ones UBS at 0.44% and Vanguard at 0.82% ..... peace

@AngTayKor ... duly noted, u are looking at after MI.... but MI portion can change from Q to Q also depending if subsidiary companies issue div, the profit B4 MI gives comparable performance review.... but if your focus is on whats gets retained in earnings then yes.... :-) peace

@Pinky ....yes I see Vanguard there, but these foreign investors mainly buy for long term so its not liquid, whereas the local institutional investors trade frequently and therefore the counter is "liquid" means more activities and this drives short term prices....

Thanks @Pinky ....wow no wonder none of the big boys are in the main shareholders list... No EPF, No PNB, No Khazanah, No KWAP...... and funny singapore govt is here owns 0.4% LOL..... no wonder GenB price stagnant, there is almost negligible institutional investors..... adoih, not sure if this helps explain the lacklustre price movement ? :-) peace

@Pinky .... i dont just mean religious organisation, how about EPF, PNB, Khazanah, KWAP etc.... im sure they have rules against investing in non-shariah related counters.... just imagine PNB with its bumi holding cannot possibly invest in Gen... and also @AngTayKor .... i mean profit of RM1billion is referring to Net Profit before minority interest.... only after minority interest then the net profit becomes RM588m, otherwise as a Group GenB made net profit of RM998m, and YoY was RM295m, and QoQ was RM529m.... hope you get it :-) cheers

could the non-shariah complaints be a factor? in fact its even non-compliant to other religious organisations as well.... which could play a role in the share price? Look at the way forward....
1. GenB issued close to RM1billion profit
2. Visa relaxation - china tourists visit to be fully reflected in next qtr earnings
3. Potential growth of Las Vegas and Taurx
4. Upgrades to GenS facilities - ocenarium etc
Nevertheless, Empire investment continues to be a thorn among the roses..... peace

@Riaz54 .... i do understand of the fiduciary duties of the independent directors, but what do you expect them to do? they are hired by the co called executive directors, who are owners of the company..... the company is cash rich and making profits how can they question the salary and on what grounds? lets say they quesion.... well then next agm they are voted out.... next new director comes in. As for the decision of empire city.... well i guess they could have stopped it but the matter was voted.... i think its too easy to blame others for the low share price, and not blame the market for perceiving the low perception..... dont u think?
genting just announced close to RM1billion profit in a qtr !!!! isnt that good enough? :-)

@Antifanaticracism ...... this is spam-micm ... LOL

final appeal was rejected by bursa..... how not to be rejected SD even tried to sue bursa, sue auditors - first KPMG and then EY, I think they tries to sue SC also LOL..... how lah wei, nity night SD

time is 325pm.... there is a breach of 5.00 .... is there a message?

its not corruption.... thats for small timers, this here its called Being on the Payroll.... everyone is on LKT's payroll except for members of Genting i3investor forum :-) heeeee peace

@fx115w ..... thanks for your update :-) but wish they can sign up some tenants .... even if dont announce LOL

just wondering, with the first phase of the 500MW YTL Green Data Center Park possibly ready soon (or has there been a delay) ..... and with Sea Ltd as the anchor tenant, why isnt ytlp signing up other tenants? What is keeping them quiet?

@DreamGuardian.... extracted this from their qtr results "The Group recorded lower gross profit margin of 31% as compared to the immediate preceding quarter of 40%
mainly due to lower land sale revenue in the current quarter. This decline in gross profit margins corresponded with a decrease in operating profit margin, which fell from 23% to 14% compared to the immediate preceding quarter." This UEMS makes almost peanuts from their property development activities and rely mainly on land sale revenue.... meaning if that qtr have land sale yaaaay :-) happy and if no land sale :-( sad loh..... they are not good in these development activities .... which then brings the point of LOGOS.... in my opinion this MOU will not go far UNLESS LOGOS is willing to roll up sleeve, hand hold UEMS take the reins of the slow bull..... and make the DC happen.... but even if this happens..... will take years and years im guessing. UEMS prospects therefore will rely back on land sale for Johor Sing SEZ.... of which I dont see any MOUs .... :-) peace

will this forum remain ah..... even SD after delisting ? is there 2nd appeal ?

@calvintaneng ...... i need your promotional skills please..... since u always talk about land land land.... even though in palm oil sector, can you repeat these lines at the sime darby property (SDPR) forum ah :-) ..... SDPR is a proper property and land development company..... they have largest landholding in malaysia, there their share price directly related to how much land they can develop and sell..... all accounted at book value bought many many moons ago one..... :-) peace buddy...... pls help ah.... counting on u (p/s : recently they signed up with google to developed DC at their elmina park lots of $$$ coming - just a tip)

velesto : EPS 0.57 and share price 0.265; while bumi armada : EPS4.06 and share price 0.57...... annualised PER of 11.6x VS 3.5x ....... which is better ??? Wasco also same boat with bumi.... PER 3.6x

amazing qtr financials, eps of 4.06, T4Q PER of just 3.5x, and cash generated from operations at 271m, total borrowings reduced from 5b to 4.3b over a year...... so why the low valuation? Similar is ween at WASCO and even worse at Yinson..... so whats with O&G counters nowadays? Brent teetering at 80, in my work we have forecast it to range between 80 and 86 for the year. So what will it take for market to better accept bumi? earth to bumi..... do u read :-)

A little review of the qtr financial results; revenue of 18.2m (90% increase YoY) and net profit of 6.5m against a loss of 1.1m YoY. But there is "other income" of 5.1m (0.2m YoY) recorded in the qtr, which is not explained and probably being one off.
In the 9mths period there is an increase of 57m in financing receivables, which measn almost all their revenue is translated to receivables.... not cash.
Lastly, in the period there is a negative 27m operating cash flow against negative 41m a year ago..... peace

oh wow.... call warrants, these are very very risky, C58 is trading at about 10% premium, 22c above .... yes there is 3 mths left but share price is hardly moving and need to wait next qtr announcement which will be on 23 Aug, which is just in time I guess :-) all the best...... rest of warrants all trading 20% premium and above

i dont understand how a RM5billion turnover company can only issue a RM1.1m profit for the quarter, and worse show negative operating cashflow of RM411m..... looks like they are paying holding company advances which shows large negative trade creditors outflow, rather than paying dividend..... former helps main shareholders hmmm

hibiscus is amazing, in the last 2 qtrs it earned 12.72 and 12.71c per quarter, and annualised thats 4.8x PER !!! which is so low, brent was in the range of 82-86/bbl.... well now its averaging about 81-82 but still respectable. The production of oil can only increase hereon.... so much much potential for this little flower

calvin..... let me comment on the few pointers you have raised 1) you talk about plantation counters being taken private, last minute price increase and you are so happy as if you predicted it? well u did not predict it just so happened that these counters are so lowly valued that the owners taken them private, so key message here is counters are valued lowly, 2) you talk about land banks, share priceis not about land bank, share price if Tsh is about business of making money from palm oil, therefore you need to prove they are increasing planation size or increasing yield, only then share price will move up..... it will not move up because it has large land banks??? 3) palm oil counters come under food industry, there is many many substitutes to palm oil so nothing to shout about....... you talk about palm oil companies in nigeria going thru bull run, well show prove.... u just talk without prove. But i shd mention that palm oil just like many stable counters do offer good dividend returns but they are onlt good dividend returns there is no material price appreciation.... 4) while u keep promoting Tsh and land banks, there are so many counters out there that is making money paying dividend and price increasing and you are missing out on these opportunities... 5) u say statements like 70% of indonesian palm oil will be used as biodiesel where u got this from show proof .... and how does this statement help Tsh share price increase??? ...... you ned to do some soul searching buddy, honestly i admire you resiliance and tenacity but its misplaced, all these energy of yours can be put to better use..... cheers calvin and :-) peace

@calvintaneng ..... i think the other counters u are promoting dufu and likes they are fine, but again i see lack of detailed analysis in your conclusions, and as for ytl power the growth is due to very clear reasons, organic growth and also M&A, its PER is about 12x now andlots of room for further growth...... but Tsh has no growth story to tell, just holding land in the jungle alone is not enough, there must be plan to convert this to palm oil ..... try to build some credibility on your side, spend some time do proper research rather then hearsay...... and lastly stop promoting oil palms shares and expect exponential growth, its not there ..... its food sector industry, india and china will never let palm oil price increase in 3 or 4 times..... theer are many substitutes..... :0-) peace buddy

@calvintaneng .... why do you say things like this,,, Tsh one day will rise to RM5.00?? What is your analysis what is the basis (one off land sale and one off profits do not drive share price.... but sustainable organic or M&A will drive share price)? 2 years ago I see you here saying same thing.... now is 2 years forward. TSH is in a steady palm oil business, there is no super duper profit to be made.... the current PER of 18-20x is also very high already. Why do you keep harping on Tsh and also oil palm counters? Whats your incentive? What drives you to do this? Are you getting paid to promote? Help everyone out here pls..... :-) peace

@xiaoeh ..... LOL yes you are right, long way to go..... reminds me of hindustan movies, the hero always gets bashed first and in the end ...... he win, and police (as usual) come at the end only when action over :-) heeee..... weeks and mths are in early days.... got it :-) all the best to @Michael kwok .... peace

Amazingly alam has reported a 18.5m profit, against YoY loss of 11m, and QoQ profit of 2.7m..... but part of the 18.5m profit is an exceptional items gains of 15m that seems to be a one off gain perhaps sale of assets? Otherwise the profit is only 3.5m..... not all that impressive, but on the road to recovery.... surely the current share price is unjustified :-)

@Michael Kwok .... apologies if I am getting this wrong, but is this you at the bottom of the following list?
https://klse.i3investor.com/web/blog/detail/stock_pick_2024/2024-05-31-story-h-160596054-Stock_Pick_Year_2024_31_May_Result

tex announced a strong Q1 profit of 7m.... but thats because it earned other income of RM20m from sale of assets?? Otherwise..... it shd have been RM13 loss? Can someone explain this?

power issue - Located 30km from Singapore in the Iskandar region of Johor, the YTL Green Data Center Park will be powered by a 500MW solar farm, offering diversity in power and connectivity on a large industrial site, of which 275 acres will be dedicated towards data centre development
water issue - just bought over Ranhill, which owns the water rights in Johor..... once the corruption allegations and any wrong doings are weeded out, next step will be to increase capacity and improve services lastly....
maybe even revive the 1,000-1,400MW combined cycle power plant project that YTLP pulled out in 2014 along with TNB after cronyism direct awarding allegations surfaced.... :-) peace

on the subject of HSR .... i can gladly say not to worry for YTL shareholders, today YTL is the closest msian company to the actual with regards to experience, YTL runs the (only) ERL link (high-speed 57- kilometre KLIA Ekspres and KLIA Transit services between KL Sentral Station and KLIA), and electrified double track project from gemas to JB..... YTL is the closest to the actual HSR in terms of experience, that being said HSR is a huge project that will most probably be carved out nevertheless, rest assured YTL will have its portion, if not the largest portion which will be from melaka onwards to JB (to say the least).... that explains the focus of YTL/YTLP in Johor..... and all these is being conducted via SIPP Energy - which is a YTL 70% subsidiary..... and who is SIPP? This i will leave you to your research (plain to say its owned by THE man himself, the numero uno in Johor.... and very recently elected to numero uno of Malaysia) ... :-) peace

interesting to read many of the comments here especially on LKT's salary package and @Riaz1954 @mushimushi .... but what LKT is doing is well within his rights as the owner of the Group and all approved by the BOD, and this is not new its been there for ages.... the question is why do minority shareholders still place high trust in the company then? This u shd ask yourselves.... in my audit days I have covered genting AGMs, and believe me the company makes it so hard to attend it and the pastries offered are worse than the mamaks :-) heeee..... also the sessions are held at menara genting, and do you know that menara genting parking has no maximum fee..... if you park 2 hours its like RM30, 5 hours its like RM90..... if you park overnight can reach RM400-450.... hahaha well thats their trick, so against minority shareholders attending AGM.... but yet people invest in genting, so the question beckons WHY??

https://www.businesstoday.com.my/2022/03/10/93363/
what happened to this project? kedah and its MB sanusi was so excited....

PAT decreased to RM677.9 million from RM930.9 million in the previous corresponding period, lower by 27.2% or RM253.0 million. This decrease was primarily due to foreign exchange translation loss and tax expenses recognised in the current quarter. QoQ saw increase in PAT by RM153m which is good.... overall I would say satis factory performance.... any drop is share price is good time for re-entry due to its huge potential ahead but to me mindful of the manjung plant outage (loss of RM400m revenue per annum)... cheers

at its height dato karim owned about 772m shares in SD, and it was priced at RM1.80 just before KPMG issued the disclaimer... thats RM1.4billion !!! later on DK sold or was forced-sold about 5.15millin shares at 15c each..... a whopping drop in value by 92% !!! Yet this sale netted him 5.15m x RM0.15 = RM772,500..... at least still money, today whats the share worth ???

Serba Dinamik Holdings Bhd will be removed from the Official List of Bursa Malaysia Securities Bhd effective June 5 ..... finally Drama Minggu Ini comes to an end, wonder how bursa and SC can allow this to happen.... fraudulent activities from left right, where even the auditors were not spared.... and the guilty walks free with a slap on the wrist... :-(

@Weechichi .... billing is based on contract completion stages, company has option lets say 30% completion during the quarter and YTD is 95%, they can raise only 20% billing and recognise the 20% associated cost.... instead of 30% and reserve the 10% for next qtr.... rather than bill 30% this qtr and then 0% next qtr