Posted by MorningGlory123 > 2022-01-19 08:01 | Report Abuse

I no worry about bursa market la. Better worry about US market and global market first





Posted by MorningGlory123 > Jan 18, 2022 11:04 PM | Report Abuse X

Tomorrow shall be more exciting trading day

US market already heading -570 points


Posted by MorningGlory123 > Jan 18, 2022 2:15 PM | Report Abuse

Genting Hong Kong May File for Liquidation as Funding Dries Up

Posted by MorningGlory123 > 2022-01-19 08:15 |

Post removed.Why?

Posted by everest29029 > 2022-01-19 08:19 | Report Abuse

'Insolvency has no direct impact' that is true but what about indirect impact? Why rating agencies got no mention of LKT pledged 550 million of his Genting Bhd shares - or 32% of his holdings as collateral for loans to keep GHK afloat?

If LKT has to sell shares or margin call, the share price would plummet..

Posted by Sharefisher > 2022-01-19 08:36 | Report Abuse

Wau.... MG123, trying to save people here...... Haha ha... Best joke of today.

Posted by MorningGlory123 > 2022-01-19 08:37 | Report Abuse

Dow drops 540 points, Nasdaq falls 2.6% as 10-year yield rises to 2-year high

https://www.cnbc.com/2022/01/17/stock-market-futures-open-to-close-news.html

*US 10-Yr yield @ 1.88%

*VIX @ 22.79 (+18.76%)


Very soon 10-Yr yield will hit above 2.00%


Perfect storm will be coming soon to hit the share market

Posted by Sharefisher > 2022-01-19 08:40 | Report Abuse

OK ok... MG123, thanks for saving me.... Haha ha

Posted by calvintaneng > 2022-01-19 08:44 | Report Abuse

Getting Hk bankrupt first

Later Getting Malaysia will get hit by a torpedo of losses

Sell now and cut your losses fast

Better loss 5% to 10% early rather than late when losses can ballooned up

Posted by Michael_chan2022 > 2022-01-19 09:03 | Report Abuse

Genting Singapore up.. Steady! Pom...Pi..Pi

Posted by Michael_chan2022 > 2022-01-19 09:04 | Report Abuse

Recovery stocks is the way

Posted by Sharefisher > 2022-01-19 09:05 | Report Abuse

When naysayers are here, definitely not a good time to sell. Haha ha...

Posted by Michael_chan2022 > 2022-01-19 09:27 | Report Abuse

Wah! My CIMB..
More worry about banking stocks..haha

Posted by MorningGlory123 > 2022-01-19 09:56 |

Post removed.Why?

Posted by OnTime > 2022-01-19 09:58 | Report Abuse

interest rise means economy is improving.

Posted by MorningGlory123 > 2022-01-19 10:07 | Report Abuse

WHO says omicron won’t be last Covid variant as global cases surge by 20% in a week

Dr. Bruce Aylward, a senior WHO official, warned high levels of transmission give the virus more opportunity to replicate and mutate, raising the risk that another variant will emerge.

New infections have increased by 20% globally over the past week with nearly 19 million total reported cases.

“This pandemic is nowhere near over,” WHO Director-General Tedros Adhanom Ghebreysus said.


https://www.cnbc.com/2022/01/18/who-says-omicron-wont-be-last-covid-variant-as-global-cases-surge-by-20percent-in-a-week.html


*Medical expert had given cautious advice for further virus variants coming

Posted by MorningGlory123 > 2022-01-19 10:29 |

Post removed.Why?

Posted by LALA > 2022-01-19 10:49 | Report Abuse

Don’t worry, be happy.

Posted by MorningGlory123 > 2022-01-19 11:19 |

Post removed.Why?

Posted by MoneyMakers > 2022-01-19 11:44 |

Post removed.Why?

Posted by MoneyMakers > 2022-01-19 11:44 |

Post removed.Why?

Posted by Michael_chan2022 > 2022-01-19 12:21 | Report Abuse

Truly cash is king....pepare to load at
- minor support: 4.5
- major support: 4.4
It could be the last chance to load cheap..Ho..ho.ho

Posted by Lucifer999 > 2022-01-19 12:34 | Report Abuse

Amboi this morninggoli so desperate lol

Posted by Maridien2 > 2022-01-19 12:53 | Report Abuse

No choice, Genting need to bail out GHK else KTLim pledged shares will be force sold by banks to cover the outstanding loans...

Posted by MorningGlory123 > 2022-01-19 13:56 | Report Abuse

Cruise operator Genting Hong Kong files to wind up company

(Jan 19): Genting Hong Kong Ltd has filed to wind up the company in one of the biggest stumbles by a cruise operator globally after the pandemic ravaged the industry and drove its German shipbuilding subsidiary into insolvency.


https://www.theedgemarkets.com/article/genting-hong-kong-may-file-liquidation-funding-dries




Genting Hong Kong woes put focus on billionaire Lim’s next steps

https://www.theedgemarkets.com/article/genting-hong-kong-woes-put-focus-billionaire-lims-next-steps


What are the risks then?

The worry is whether Lim would tap other parts of his Genting empire to help with any bailout or provide financial help. And he has a history of taking such steps.

He has used Genting Malaysia to conduct related party transactions previously. One example: Genting Malaysia said in 2019 that it was buying a 46% stake in Empire Resorts in New York from him. This deal caused a slump in Genting Malaysia shares. The Malaysia firm now owns a 49% stake in Empire Resorts.

Posted by NatsukoMishima > 2022-01-19 14:19 | Report Abuse

What are the risks then?
The worry is whether Lim would tap other parts of his Genting empire to help with any bailout or provide financial help. And he has a history of taking such steps.

He has used Genting Malaysia to conduct related party transactions previously. One example: Genting Malaysia said in 2019 that it was buying a 46% stake in Empire Resorts in New York from him. This deal caused a slump in Genting Malaysia shares. The Malaysia firm now owns a 49% stake in Empire Resorts.

Another concern is that Lim pledged almost his entire stake in Genting Hong Kong as collateral for loans to keep the Hong Kong firm going.

Posted by MorningGlory123 > 2022-01-19 14:23 |

Post removed.Why?

Posted by MorningGlory123 > 2022-01-19 14:24 |

Post removed.Why?

Posted by emsvsi > 2022-01-19 14:28 | Report Abuse

GENTING HK SOLD ALL ITS VALUABLE ASSETS TO GENTING GROUP OF CO'S...PLANE, ZOUK ETC...MEANS LKT READY TO LET IT GO...OR THE CREDITORS ACCEPT 10C TO THE DOLLAR LIKE THAT ALSO DUNNO KA

Posted by Lucifer999 > 2022-01-19 15:01 | Report Abuse

Kesian morninggoli

Posted by Lucifer999 > 2022-01-19 15:03 | Report Abuse

Kena suspended lol cannot bombard news daily

Posted by Sharefisher > 2022-01-19 15:06 | Report Abuse

Haha ha.....

Posted by Sharefisher > 2022-01-19 15:07 | Report Abuse

I3 no good, MG123 wants to save us mah.....

Posted by Sharefisher > 2022-01-19 15:12 | Report Abuse

Some great traders follow world champion not to be active in social media also disappeared. Haha ha.....

Posted by 1invest1 > 2022-01-19 15:17 | Report Abuse

Forum positive now.
Share more sharefisher.

Posted by limkokthye > 2022-01-19 15:34 | Report Abuse

sell sell sell sell until there are no tomorow

Posted by DestinyL > 2022-01-19 15:46 | Report Abuse

The risk is there, if LKT decides to save his own molasses
It is not the first time, and is probably not the last
IMO, the most recent example being jet purchase via RWLV

Posted by DestinyL > 2022-01-19 15:47 | Report Abuse

Hi President, how's your first day in i3?

Posted by Lucifer999 > 2022-01-19 15:51 | Report Abuse

Nvm later will come back as Eveningprimrose123 or SI88 lol

Posted by DestinyL > 2022-01-19 15:56 | Report Abuse

Hahaha President deleted his comments lol

Posted by DestinyL > 2022-01-19 15:56 | Report Abuse

So President is AKA SI88

Posted by Sharefisher > 2022-01-19 16:41 | Report Abuse

Overall market is in bad mood.... Don't think ghk is the reason for genting to drop. Hold tight tight.. Haha ha..

Posted by Goldgent > 2022-01-19 17:35 | Report Abuse

Uncle Lim show you the money!
Genting Malaysia’s subsidiary to make early redemption of RM1.4b debt notes
https://www.theedgemarkets.com/article/genting-malaysias-subsidiary-make-early-redemption-rm14b-debt-notes

Posted by stkoay > 2022-01-19 17:39 | Report Abuse

Posted by Sharefisher > Jan 19, 2022 3:12 PM | Report Abuse

Some great traders follow world champion not to be active in social media also disappeared. Haha ha...

_______________________________________________________________________

Good one....haha...ha :p

Posted by Michael_chan2022 > 2022-01-19 19:20 | Report Abuse

Good news for recovery stocks..
International travel to return as countries start to lift restrictions and open its borders...

https://www.bangkokpost.com/business/2249443/indonesia-removes-ban-on-foreign-arrivals-for-recovery-boost


https://www.theguardian.com/world/2022/jan/18/cabinet-expected-to-approve-relaxation-of-plan-b-covid-restrictions-in-england


https://www.theguardian.com/world/2022/jan/18/nicola-sturgeon-announces-lifting-of-omicron-restrictions-in-scotland

Posted by Michael_chan2022 > 2022-01-19 19:23 | Report Abuse

Omicron might mark the end of Covid-19's pandemic phase -- unless a certain scenario happens, Fauci says

https://edition.cnn.com/2022/01/18/health/us-coronavirus-tuesday/index.html

Posted by Michael_chan2022 > 2022-01-19 19:27 | Report Abuse

What omicron?? Take a look at Trump rally in Arizona..

https://youtu.be/6Ggv1REHAKI

Posted by choysun > 2022-01-19 20:18 | Report Abuse

Hmm, pretty much inline with Dow yesterday. Good la, top up on opportunity :)

Posted by Riaz1954 > 2022-01-19 20:50 | Report Abuse

Those of you on this forum follow western countries blindly……and quote them when it suits your case…..well U.K. has removed mandatory Covid certification. From tomorrow …this is the endemic stage! However we in Asia like fools have been so scared to move on!

Posted by choysun > 2022-01-19 21:18 | Report Abuse

OoO, New York Casino License coming!
https://nypost.com/2022/01/18/hochuls-216b-budget-could-bring-casino-gambling-to-nyc/

Posted by Michael_chan2022 > 2022-01-19 21:26 | Report Abuse

Genting Hong Kong to continue operations of Dream Cruises subsidiary
https://www.businesstimes.com.sg/companies-markets/genting-hong-kong-to-continue-operations-of-dream-cruises-subsidiary

Dream Cruises to continue operating in S'pore, even as parent company files to be wound up

https://www.straitstimes.com/business/companies-markets/dream-cruises-to-continue-operating-in-spore-even-as-parent-company-files-to-be-wound-up

Posted by choysun > 2022-01-19 22:02 | Report Abuse

@shareinvestor88 Huh, what happened? From sharing GenHK news suddenly share Azam Baki news pulak... You really need to get the context right, in the right forum channel leh :p