Be the first to like this.
5 comment(s). Last comment by xxxx 2014-04-20 07:50
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.
No result.
1
https://dividendguy67.blogspot.com
2
Stock Pick Contest Year 2024
3
Stock Market Enthusiast
CIMB: Uptrend Continues - Is the Best Yet to Come? (Uptrend + Bullish) - KingKKK
4
BFM Podcast
5
6
BFM Podcast
7
Koon Yew Yin's Blog
8
https://dividendguy67.blogspot.com
#
Stock
Score
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Huang
51 posts
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 ???