Posted by Huang > 2014-04-19 10:22 | Report Abuse

Unfortunately, Malaysia and Genting were not mentioned in the article.

Both GenM and Genting have very great global biz expansion plan since many years ago and the expansion train is still well moving worldwide. However the shares prices of both are significantly lagging behind the broader market. It is contradicting with its status of the renowned blue chips of Bursa.

WHY ???

Posted by LimitUp > 2014-04-19 17:06 | Report Abuse

Genting is so risk aversed you can't really rank it among the big players. Being risk aversed is one of the reason why they missed the boat in Macau. What it does best is hold on to its profits so its a cash rich company who pays next to nothing in dividends eg. its biggest investment in Singapore pays 1ct last year. Next to LVS, Wynn, MGM or Melco Crown its just a small player. Its in Jeju now and by their own standard Japan would be a huge investment if they can get it and we should know soon enough as the govt might pass the bill as early as June. A share in Japan would better position Genting among the major players.

Posted by Huang > 2014-04-19 17:34 | Report Abuse

“pays next to nothing in dividends” is the thorn in investing in Genting and GenM. I hate it.

Posted by xxxx > 2014-04-20 07:35 | Report Abuse

They pay very little dividends simply because they need to conserve capital for expansion overseas. In Malaysia every once in a while they fret about their licences, so it makes sense to look overseas. Go for capital appreciation if you invest in them.

Posted by xxxx > 2014-04-20 07:50 | Report Abuse

Two main reasons prices of shares not going up: profits and after incident of MH370. Less Chinese tourists coming to Malaysia. This impacts the two cos.