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2017-08-24 19:36 | Report Abuse
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!!!
2017-08-24 14:46 | Report Abuse
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
2017-08-23 17:48 | Report Abuse
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.
2017-08-21 21:37 | Report Abuse
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
2017-08-21 17:00 | Report Abuse
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!!!
2017-08-21 16:41 | Report Abuse
any ideas which instituition tok d pp @RM1.16??
2017-08-19 10:56 | Report Abuse
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???
2017-08-18 16:14 | Report Abuse
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 $$$ 4 2 subsequent qtrs, then its obvious there is something very seriously wrong. For a start n as a minority shareholder, Ill propose tat d remuneration package of d entire Board of directors(BOD) of JAK be reduced until n unless the company start showing profits consistently for the next 4 qtrs. Wats d point of appointing d BOD n pay them high salary when with such a lucrative IPP in their hands and they still cannot turn around JAKS. So end result, POTONG GAJI!!!!
2017-08-18 10:30 | Report Abuse
not 2 long ago on 22 may 2017, sifu kcchong wrote "Is Jaks a bif fat frog jumping all around" n after he commented many criticize sifu kcchong but looks like sifu kcchong maybe correct after all.
2017-08-15 10:31 | Report Abuse
hng sifu, u cut loss oledi ka??? why so silent?? pls feedback.tq
2017-08-11 04:40 | Report Abuse
if anyone has bot owg >= RM2.20, its goin 2 b a long overhaul. as I mention earlier, full earnings visibility will only b reflected by end 2018. Better pary n hope there's no global meltdown by then. good luck
2017-08-08 19:16 | Report Abuse
1 of d contributing factors mayb bcoz mlysia defaulted in making d payment of USD602.0m by 2day. mlysia is given another chance 2 pay d same amount by 31 aug 2017 wit d first tranche on 12 aug 2017 which is nex wk. god hv mercy on us if mlysia default agian.
2017-08-08 19:13 | Report Abuse
darkdragon, in view of d current maket sentiment n d ongoin 1MDB debacle, who knows u may get owg =< RM0.50. Not tat Im cruel 2 c avrybody lose $$$; 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???
2017-08-07 19:03 | Report Abuse
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!!!!
2017-08-07 19:00 | Report Abuse
If I can recall correctly, CIMB also recommended Vivocom, TP=RM0.60, look wat happen???
2017-08-04 21:55 | Report Abuse
i share d same hope as u do
2017-08-04 21:28 | Report Abuse
hi charles wat happen 2 ur alter ego, stockmanny. Lately, He's been low profile. wat did u do 2 him?
2017-08-03 21:33 | Report Abuse
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.
2017-08-03 16:49 | Report Abuse
was informed tat some of d directors r very shrewd n foxy. also beware there is a ongoing private placement. b careful
2017-08-03 16:07 | Report Abuse
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
2017-08-03 15:51 | Report Abuse
doesnt mean director buying is good, sometimes directors are either bloody fools or they r all out to deceive innocent n naive retail investors.
2017-08-01 07:48 | Report Abuse
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.
2017-07-31 21:46 | Report Abuse
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
2017-07-29 23:51 | Report Abuse
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.
2017-07-27 15:56 | Report Abuse
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
2017-07-27 15:53 | Report Abuse
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
2017-07-17 20:41 | Report Abuse
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
2017-07-17 16:50 | Report Abuse
goldentriangle, for once ur posting is logically correct. syabas!!
2017-07-13 20:17 | Report Abuse
Now do u understand why I'm baffled wen u say d hse winning rate is 2.7% in d VIP
2017-07-13 20:04 | Report Abuse
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
2017-07-13 16:38 | Report Abuse
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)?
2017-07-13 11:54 | Report Abuse
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.
2017-07-13 10:48 | Report Abuse
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.
2017-07-13 01:06 | Report Abuse
GT how did u get d implied volatility =1.25 and why d discount RM0.30? I thought d implied volatility is < 1.0???
2017-07-12 20:34 | Report Abuse
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
2017-07-12 19:47 | Report Abuse
GT, dunn tell me u still dunn know hng33 sifu trading style. If tomolo genting-wa up a little bit more, hng will post n I quote ".... lock very handsome contra gain, free up all capital...." so u wanna hold till expiry good luck 2 u.
2017-07-12 10:32 | Report Abuse
lim how do u know people sell @ a loss?? do u know waht position sizing is???
2017-07-11 19:02 | Report Abuse
GT why just hope for plunge 20sen???? better hope for plunge >= RM1.00 or more. then jualan lelong v can all buy cheap cheap n wen mother share genting go up v all gonna b multi millionaire???
2017-06-29 10:02 | Report Abuse
howah, u dead first b4 genm die la. genm has survived all the gyrations n turmoils of all the economic n financial crisis since its casino open its door 4 bisnes. Not only survived, but the share price of genm always goes higher after avry n each stock market crash. Pls chek d price chart b4 making any unpleasant remarks
2017-05-31 16:59 | Report Abuse
or u follow ur sifu 'cut profit' oledi????
2017-05-31 16:58 | Report Abuse
FANOFHNG33 how come u x follow ur sifu go hols. mayb ur sifu give u tips n then u come back n share wit us
2017-05-25 11:06 | Report Abuse
anybody attending Sendai AGM 2day @ Istana htl KL?? kindly feedback on latest news. thks
2017-05-18 14:41 | Report Abuse
hng33
If PM know tat Mr Irwan Mislead n Lie to him, the PM sure oledi fire him oledi n not appoint him 2 b chairman of TRX n Bdr mlysia 2 replace Mr Arul Kanda
2017-05-18 14:32 | Report Abuse
hng33 if wat u say is true about mr Irwan than PM would not hv appointed him chairman of TRX n Bdr Mlysia. Furthermore, the PM will also definitely support IWC if PM knows he was mislead 2 terminate IWC by Mr Irwan
2017-05-03 15:06 | Report Abuse
voon
....bad luck today... dunn komplen la
wen gentin-wa go up > RM2.00 then good luck loh. and nobody will take away yr good karma n yr wisdom in selecting a good stock like gentin - wa @ RM1.90
2017-05-03 14:41 | Report Abuse
prof neil, where did u extract tis news about d share placement???
2017-05-02 21:28 | Report Abuse
wat surprises n amazes me is very little is mentioned about genting-wa in tis I3 investmn blog. Well i suppose KLSE is indeed in a bull run so avryone is happy making 2x, 3x, >=4x punting penny stocks.
2017-05-02 21:24 | Report Abuse
wat really surprise and amazes me is nothing much has been written about genting-wa??? well i suppose KLSE is indeed a bull market, dumb dumb buy also can double (2x) , 3X or >4X ur profits in d shortest time possible
Stock: [GENTING]: GENTING BHD
2017-08-24 23:06 | Report Abuse
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.