Posted by Sharefisher > 2022-02-16 09:36 | Report Abuse

Haha ha... Don't team up with dreammaker lah....

Posted by JBond007 > 2022-02-16 09:41 | Report Abuse

Heated debate on pledged shares.
Big mount joker placing bet mountain top resort will change hand in two weeks.
Amboi, so early blowing water in Batang Kali kopitiam.

Posted by AngTayKor > 2022-02-16 09:45 | Report Abuse

Cha Cha aunty lai liao! Kekeke....

SI88, Moneymakers and SSP888 can all wait for below rm4.0 to collect. Shares that going to be force-sold can rally up? Your delusional GHK "Liquidator" / bankers become stock operator pump up the share price to be dumped later? Hahaha....

Posted by Goldgent > 2022-02-16 09:56 | Report Abuse

Joke of the day (from the prediction of MoneyMakers).
G casino will belong to ikan bilis in 2 weeks!

Posted by Lucifer999 > 2022-02-16 09:59 | Report Abuse

genting continue to rise

Posted by Michael_chan2022 > 2022-02-16 10:00 | Report Abuse

Chill guys....和气生財

Posted by Michael_chan2022 > 2022-02-16 10:00 | Report Abuse

My condominium on the Highlands is in the making... cheers!

Posted by WinSSP > 2022-02-16 10:02 | Report Abuse

Me too @Michael Chan… even if the condo may take within 1-2 years to ‘build up’ :)

Posted by Michael_chan2022 > 2022-02-16 10:06 | Report Abuse

Yes...WinSSP
Aiming for 2nd... if opportunity knocks...hehe..he

Posted by DestinyL > 2022-02-16 10:07 | Report Abuse

Remember LKT still announced interest to buyback Global Dream Cruise

Posted by Sharefisher > 2022-02-16 10:08 | Report Abuse

Come on genting.... Go go go.. Break 4.70...

Posted by DestinyL > 2022-02-16 10:10 | Report Abuse

I don't mind a second day of yelling heng ah ong ah huat ah

Posted by Lucifer999 > 2022-02-16 10:14 | Report Abuse

huatttt slowly but surely

Posted by Sharefisher > 2022-02-16 10:22 | Report Abuse

I think genting pantang we say cha cha....

Posted by Sharefisher > 2022-02-16 10:24 | Report Abuse

Genting cha cha dancing again... Haha ha

Posted by DestinyL > 2022-02-16 11:06 | Report Abuse

Quiet again....

Posted by neohts > 2022-02-16 11:12 | Report Abuse

Result should be out end of next week....Just wait.
If could break even should be good enough.
If profit with dividend then share price sure fly high.
So just hold and don't sell.

Posted by neohts > 2022-02-16 11:13 | Report Abuse

Next Quarter should be even better with the open of Theme Park.
If US Las Vegas hotel and Casino could be listed in US stock market sooner, then Genting Berhad could break RM7.00

Posted by Sharefisher > 2022-02-16 12:02 | Report Abuse

Hope you are right, angtaykor

Posted by Sharefisher > 2022-02-16 12:10 | Report Abuse

Popi Popi

Posted by Michael_chan2022 > 2022-02-16 12:14 | Report Abuse

Good analysis.....those who vested in GenB will witness GenB new chapter above 5....then 6...soon

We will see how.... BBs makan up millions and millions of shares from......."now" to clear 470

Cheers!

Posted by Michael_chan2022 > 2022-02-16 12:20 | Report Abuse

Interesting! Where are the naysayers...miss them.

Posted by AngTayKor > 2022-02-16 12:35 | Report Abuse

Posted by MoneyMakers > Feb 16, 2022 8:58 AM | Report Abuse

AngTK Aiyoo alrdy announce last yr LKT pledge 570Mil GenB shares + all GHK shares 4 GHK loan restructure (public info)..how GHK use money irrelevant - GHK alrdy default so banks can force-sell pledged shares anytime

Yes liquidators not banks..liquidators have deadline (month-end) to find debt solution..after deadline pass, liquidators no more power - banks can takeover/force-sell/auction all pledged assets

Easiest to selloff is LKT’s GenB 570Mil pledged shares
-----------------------------------------------------------------

Posted by MoneyMakers > Feb 16, 2022 9:03 AM | Report Abuse

AngTK Ur long-winded theoretical understanding of ‘personal asset pledge’ for ‘listed company borrowings’ completely rubbish

U think LKT willingly pledge GenB shares 4 GHK loans meh?? Use grey matter (if got any) & think..Geeeezz

GHK needed restructure during last yr pandemic..most likely banks wanted stronger collateral outside GHK circle (knowing GHK assets/shares become worthless once default) - otherwise no restructure deal..hence GenB shares pledged

This is how real world works..ur theoretical understanding too naive+impractical

Better silent instead of post rubbish if dunno how things work..alrdy got few people blindly eat ur garbage

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As of March 2020, LKT had pledged 550 million of his Genting Bhd. shares -- or 32% of his holdings -- compared with 70 million a year earlier (March 2019), according to the company’s announcements.

LKT already started pledging his GentB shares even before covid and GHK restructuring. GHK debt restructuring was only completed on June 2021.

Most likely those pledged GentB shares are not for GHK loan restructuring but for LKT's personal loans for his personal private projects.

Posted by MoneyMakers > 2022-02-16 13:06 |

Post removed.Why?

Posted by 1invest1 > 2022-02-16 13:48 | Report Abuse

Foreign interest back in Bursa
Wednesday, 16 Feb 2022

foreign investors returned to buying over RM1bil worth of shares so far this year with little activity for 2021.

Among the top gainers yesterday were shares of
Genting Plantations Bhd,
contributed to rise in Plantation Index index that tracks the planters sprint up 16.85% year-to-date.

GP results will contribute towards GB results.

Posted by DestinyL > 2022-02-16 15:35 | Report Abuse

GenP engine seems like started up

Posted by emsvsi > 2022-02-16 15:49 | Report Abuse

WELCOME BACK SSP ALWAYS A WINNER !

Posted by emsvsi > 2022-02-16 15:50 | Report Abuse

If the lenders who own the pledged shares actually want to liquidate, they won't do it on the open market la...there would be off market to counter parties/funds etc...the asset is Genting shares, not Genting HK bonds

Posted by WinSSP > 2022-02-16 16:25 | Report Abuse

Many thanks @emsvsi

Posted by WinSSP > 2022-02-16 16:45 | Report Abuse

Simple logic I suppose….Bankers surely want to wait to sell at much higher prices. But as MM posted, bankers hve the prerogative to force-sell any pledged listed shares, if any, at any point in time.

Posted by DestinyL > 2022-02-16 16:52 | Report Abuse

Give a 5 or 10% discount to market price, surely many candidates lining up to buy

Posted by Sharefisher > 2022-02-16 17:01 | Report Abuse

My question is the dividend of pledged share goes to who?

Posted by Sharefisher > 2022-02-16 17:01 | Report Abuse

Bank or LKT?

Posted by Calafate > 2022-02-16 17:13 | Report Abuse

The dividend of course goes to Kien Huat. It's a bank loan, as long as u pay the interest, the bank will not disturb u, provided the pledged share price maintain at certain margin level.

Posted by DestinyL > 2022-02-16 17:15 | Report Abuse

Just like you get loan from the bank, let's say using your property as a guarantee
Your property revenue still goes to your bank

Normal understanding should be LKT, but LKT may put that up as a sweetener to the lender, terms can be ad-hoc

Posted by Sharefisher > 2022-02-16 17:20 | Report Abuse

If dividend is going to LKT, chance of genting giving out dividend will be high. Hope gens and genp performance is good.

Posted by emsvsi > 2022-02-16 17:23 | Report Abuse

You put property as collateral for loans...you cannot pay the loan and default, the bank takes and auctions it for market to bid for it and sold to highest bidder

Posted by emsvsi > 2022-02-16 17:25 | Report Abuse

Remember Genting's NTA is backed by real assets ie gaming, property, plantations, OnG, life sciences - it has real value. Sell to open market how to get real value, you think the lenders bodoh ka lol

Posted by DestinyL > 2022-02-16 17:31 | Report Abuse

He does indeed think the lenders are bodoh
And the devil in me wishes that so lol

Posted by WinSSP > 2022-02-16 17:36 | Report Abuse

Calafate is correct

Posted by WinSSP > 2022-02-16 17:43 | Report Abuse

However, my understanding based on published news was that those GenB shares were pledged as additional collateral for ghk’s restructuring purpose last year. The pledged shares were for existing bonds or loans, not for share financing purposes. Hence, no margin calls at all.

Posted by WinSSP > 2022-02-16 17:45 | Report Abuse

Say I pledge my property to the bank, any rental income generated from my property will belong to me unless I legally assign those rental income to the bank.

Posted by WinSSP > 2022-02-16 17:48 | Report Abuse

Pledgement is different from actual ownership

Posted by Sharefisher > 2022-02-16 17:57 | Report Abuse

Thanks everyone for the input..

Posted by WinSSP > 2022-02-16 18:11 | Report Abuse

Haha…. remove lor… so easy to access latest news via google or internet for listed companies. Real investors don’t bother to read long essays here la….

Posted by Sunflower01 > 2022-02-16 18:18 | Report Abuse

Dividen in feb?

Posted by shareinvestor88 > 2022-02-16 18:32 |

Post removed.Why?

Posted by DestinyL > 2022-02-16 19:08 | Report Abuse

..............

Posted by shareinvestor88 > 2022-02-16 19:30 | Report Abuse

MONEY MAKERS , WHAT'S THE UPDATE

Posted by Karma4444 > 2022-02-16 20:40 | Report Abuse

Lkt will make genting great again