hng sifu "....fair value for umwog at 5sen..."

ques: how u get fair value of umwog = 5.0sen?? U mean sp of umwog now @ 0.315sen will drop to RM0.05sen???? Mati la

hng sifu, if tis csh call of UMWOG involving rights n free warrants is so goooooooo....oood, how come foreign funds not buying n chasing up d UMWOG share price???

abc, why diff story in oct 2017??? I c no change in d earnings in tis current Q1 2018 ending 30 sep 2017. wat is d catalyst 4 d change??

Tamingsari "Better for Thai to rename it as Parti Supermax and stand in GE"

Ans: Better for Thai to resign and remove himself from Supermax n start a new political parti n name it Parti Supermax. After paying himself and his fellow BOD (Board of Directors) exorbitant gaji n after publicising all his big fat grandiose dreams of GLOVE CITY (since 5 years ago) n which is still stuck in his backside hole with no visibility of earnings both from both the glove manufacturing n lens bisnes, so better he remove himself and stop being a liability to the well being of Supermax n its other shareholders. And i sincerely hope, tis datuk stanley thai is reading tis.

Inspite of all d TA sifu n TA stock guru saying supermax oversold, oversold,.... bla, bla, bla n also Supermax mgmt buying back their own shares, d share price continue 2 drop while d FBMKLCI 2day has breached another major resistance with heavy volume.

hello goldentriangle, gent-wa closed @ RM1.81 la. Tis is d starter dish la. Steady la

buy d warrant if u wanna get higher leverage. Ive been accumulating since mid last year. Sold quite a bit chunk oledi n wen it retrace ill buy again. position sizing may also help

genting has always been a LT investment grade stock especially 4 retirees n pensioners (with minimum dividend payout). Investors that park their funds into genting usually are prepared 2 hold with a time horizon of at least a minimum of 1 yr horizon.

charles

"so all have to prepare to show yr track records....."

Ans: Well, charles for a start u can show ur record of buying jaks, sendai, jtiasa, xinguan n how much u have profit or loss from it.

king, wen did u visit GPO??? sat? sun? eve of PH or PH? try goin on a normal weekday n u will get a true n fair assessment. As Ive mention b4, earnings visibilty will come during 2H2018 once 20 century Fox theme opens. Between now n then, @ d very best, there just might b a slight improvement in their earnings; @ their worst sp continue 2 head south. decision 2 buy n sell is yours. good luck

the sharholders should call for an EGM to remove stanley thai as the managing director of supermax.

As I said b4 n Ill say it again; datuk stanley thai is a bloody idiot. Firstly,in dec 2014, he's charged 4 insider trading. Secondly in d last GE, he openly voice his support for d opposition so much so no GLC until 2day, dare 2 invest in supermax. N now perhaps due 2 his support 4 opposition, d government is watching n scrutinizing d accounts of supermax like a hawk!!!!

yew yin, can u pls explain why u r so optimistic on the earnings of eversendai in the coming quarters. As u r aware the price of steel has gone up 30% and most if not all of sendai projects involve the construction of steel infrastructure projects, certainly this sudden increase of steel would impact on sendai earnings in the coming quaters. Will appreciate if u can share your thoughts and if possible give us a sensitivity analysis on the impact of increasing steel price on the earnings of sendai. TQ

old timer gamblers always complain 2 me, saying during uncle lim (father) time always can get free makan, free rice, a lot of freebies in VIP n VVIP room but now under d son (Kok Thay) mgmt avrything also either hv 2 pay n pay or reduce all freebies. Wat many casino patrons fail 2 realize tat during uncle lim time dunn hv GPO, TIGP, Resort Sentosa, Resort NYC, Resort Bimimi, n d forthcoming resort LV n d list goes on........and on. Stingy yes but if being stingy and adding more value 2 Genting Bhd share price over a longer time horizon which will b beneficial 2 all shareholders then tats all right.

if dunn stingy where 2 source 4 funds 2 expand d genting brand name all over d entire wrld of casino gaming??? Issue bonds?? borrow frm ah loong or licenced private lenders?? crowd funding?? private equity issuing??? Knowing kok thay, coughing out 8.5sen as dividend is considered vely vely generous. Personally, I was expecting =< half of 8.5 sen!!!

according 2 a CIMB rept (if its correct), d earliest d lens bisnes can only contribute towards d bottom line will b towards H2 2018

low PER doesnt necessary mean the share is undervalued in contrast 2 its peers which are all trading wit forward PER in their high teens. Low PER may also be indicative that the forthcoming quaterly results esp Q3 (both in terms of d upline n downline) is weak. It is also suggestive that the quality of managemnet as measured by ROE, ROA, etc is lousy. Just 2 give u an example, compare n contrast the revenue, net profit and remuneration of the board of directors (BOD) between HArtalega n supermx, that will perhaps give u some ideas on d quality of managemt of supermx.

roger if JAKS fall below RM1 ==> big VIP investor kena margin call ==> u might as well wait for price drop below RM0.50 or lower

stanley thai d major shareholder n md of supermax is a bloody idiot. firstly, he was being charged 4 insider trading back in dec 2014. secondly, on d eve of GE13, he declare publicly his unwavering support 4 d opposition N now look wat happen to d share price of supermax. None of d GLC's dare to invest in his company. Moreover his so called GLOVE City which he use to boast 4 yrs ago remain nothing more than just a PIPE DREAM!!!

any ideas which instituition tok d pp @RM1.16??

As ive mentioned earlier, JAKS is oledi receiving construction profits consistently for the last 2 qtrs but its d management especially the Board of directors (BOD) tat cannot get their act together to make JAKS a profitable company. If the BOD not doing a good job why shld the BOD be paid a high salary???

since the construction of d viet power plant oledi generating profit in Q1 n Q2 of RM14.9 n RM10.2m respectively n yet d company's bottom line is still losing $$$ 4 2 subsequent qtrs, then its obvious there is something very seriously wrong. For a start n as a minority shareholder, Ill propose tat d remuneration package of d entire Board of directors(BOD) of JAK be reduced until n unless the company start showing profits consistently for the next 4 qtrs. Wats d point of appointing d BOD n pay them high salary when with such a lucrative IPP in their hands and they still cannot turn around JAKS. So end result, POTONG GAJI!!!!

not 2 long ago on 22 may 2017, sifu kcchong wrote "Is Jaks a bif fat frog jumping all around" n after he commented many criticize sifu kcchong but looks like sifu kcchong maybe correct after all.

hng sifu oledi cut "profit" la

hng sifu, u cut loss oledi ka??? why so silent?? pls feedback.tq

if anyone has bot owg >= RM2.20, its goin 2 b a long overhaul. as I mention earlier, full earnings visibility will only b reflected by end 2018. Better pary n hope there's no global meltdown by then. good luck

1 of d contributing factors mayb bcoz mlysia defaulted in making d payment of USD602.0m by 2day. mlysia is given another chance 2 pay d same amount by 31 aug 2017 wit d first tranche on 12 aug 2017 which is nex wk. god hv mercy on us if mlysia default agian.

darkdragon, in view of d current maket sentiment n d ongoin 1MDB debacle, who knows u may get owg =< RM0.50. Not tat Im cruel 2 c avrybody lose $$$; as it is I also hv positions but mlysia has defaulted in payment 2 IPIC n d next tranche which is USD302.0m is due nex wk 12 aug 2017. God hv mercy on us all if another default???

last yr, I remember vivocom went around town giving a lot of presentations n road shows (wit free makan) 2 promote vivocom n as usual many innocent n unwitting uncle uncle aunti aunti got suck in. 2day most of 'em cry also no tears. so pitiful!!!!

If I can recall correctly, CIMB also recommended Vivocom, TP=RM0.60, look wat happen???

i share d same hope as u do

hi charles wat happen 2 ur alter ego, stockmanny. Lately, He's been low profile. wat did u do 2 him?

spot on, jeff. press d sp down, otherwise no takers 4 d private placement. any significant earnings visibilty will only b reflected in Q1 2018. Ill b surprise if Q4 2017 can do better than Q3 2017.

was informed tat some of d directors r very shrewd n foxy. also beware there is a ongoing private placement. b careful

while waiting until june 2019, if fingers itchy go n try ur luck in GENM. uncle lim welcomes u wit open arms. ha ha ha

doesnt mean director buying is good, sometimes directors are either bloody fools or they r all out to deceive innocent n naive retail investors.

ahcheng12 "what did we do wrong....."
To putit in proper prospective, what tan sri mentioned in d Power Talk series organised by The Star was this n I quote "What I certainly must do every morning is I read the The Star (applause, applause from audience) .....but I seldom check on the share price of eversendai....it came as a surprise...A month ago it went to RM1.38. On friday it was RM1.15. What...."

Building an empire from scratch and from a very humble impoverish beginning wit no university education; a bisnes empire that stretch over 23 countries globally and employing a workforce of > 15,000 people n now wit a KPI of RM2.0b turnover is oledi a tremendous challenge let alone managing d bisnes.

From Tan sri sharing, its quite obvious of the foll:
1. Tan sri is not a goreng kaki. He's too engross in managing and growing his bisnes
2. He is confident tat sendai will achieve RM2.0 b turnover by end 2017 as he oledi had tis vision and plans to achieve tis target 5 yrs ago. N since then, Tan sri has been n I quote again "... Ive been working bloody hard... Ive been skipping playing golf...."
3. Tan sri did not say nor encourage nor insinuate tat u can buy or sell sendai share @ d current price

Decision to buy or sell is yours. Pls consult ur stockbroker or investment adviser.

i still think tat d winning edge of d hse on Vip n VVIP rolling chip players > 3.5%. ill b surprise if < 3.5%. Over d weekend, I witness some big whales in action @ RWS n they were pushing SGD500,000.00 per hand @ baccarat n the hse was winning

tan sri talk a lot on sendai past history n also on his profile n determination 2 excel. He also share on d qualities tat make him so successful. other than tat, nothing much was discussed about sendai accounts, outlook, future projects n forecast earnings. Many people ask questions but majority not related 2 sendai earnings n operations except 4 1 botak old ah pek. He did stood up n ask some interesting ques but I siiting @ d back, couldnt hear clearly. D rest is all humbug.

D other big tiket item in MBS is the revenue contribution from MICE sector. I'll like 2 know wats d quantum, any ideas??? Tis is where MBS may hv d edge over RWS

GT I mention earlier 2 u
VIP n VVIP rolling chip players contribute more n certainly not tat paltry 2.7% winnings 4 d hse

Additionally, if u buy d parent share now @ Rm9.54 u will b entitled to all the dividends declared between now and 18mths from now which will >= 50sen. But if u buy the warrant and hold until close to expiry (which is 18mths from now), then only convert u may miss out on dividends declared. Just my 2 cents

goldentriangle, for once ur posting is logically correct. syabas!!

Now do u understand why I'm baffled wen u say d hse winning rate is 2.7% in d VIP

GT many thks 4 ur open n sincere sharing but if u may allow me to add, I was personally responsible 2 bring a high net worth individual from GZ, PRC. Genm, arrange 2 charter a copter 2 fly him all d way fr GZ. He brought in RM500,000.00 as him gambling capital. This is record of performance:
1st nite : -RM200,000.00
2nd nite : +RM300,000.00
(After 2nd nite, I advised him 2 stop but he refused n he told me he'll stop if he hit another RM300,000.00)
3rd nite: -RM600,000.00
Completely wipe out n I'll hv 2 lend him RM10,000.00 4 his home journey.
I got a bashing n shelling from my wife n since then Ive stop doing it

GT in VIP, one hr play, d VIP guest using NN chips is more often than not oledi under water n if he's still left standing its only either bcoz he's heavily funded by d junket operators or d insurance guys or vely rarely he's d exception. Well u do get people striking d jackpot avry now n then but tats d exception.
Btw, in ur computation of d intrinsic value of wa, did u factor in d possible impairment from FLRC (First Light resort & casino)?

from my personal observation, there are always more losers than winners in VIP n wen they lose they loose BIG. It baffles me as to why d hse winning rate is just a mere 2,7%. It ought n shld b more unless GENM has not been transparent n disclosed everything clearly. Any way irregardless of whether 2.7% which is miniscule or 97.3%, the hse always win which undoubtedly is good news for the shareholders.

Gt just curious, why do u use implied volatilty 0.25 n not o.1??? on wat basis do u use 0.25 or is it a standard benchmark tat u use for all warrant intrinsic value computation??? Additionally, I think u misinterpret d 2.7% winning rate for VIP guest. D 2.7% winning rate is applicable for VIP guest (excluding junket comm n other incidentals). Conversely, tat means d house winning rate for GENM (VIP section) is 97.3% which is good news for shareholders.

GT how did u get d implied volatility =1.25 and why d discount RM0.30? I thought d implied volatility is < 1.0???

GT since u r so knowledgeable can u tell me wat is genting daily nett gaming revenue (after less paying off all d gambler's winnings) and wat is d payout ratio for table games and slots