Posted by WinSSP > 2022-06-01 17:49 | Report Abuse

https://www.bharian.com.my/bisnes/korporat/2022/05/960535/genting-skyworlds-terima-3000-pelawat-sehari

Posted by bang_miskin > 2022-06-01 17:52 | Report Abuse

Was surprised with the sudden increase today, but still did not sell because I am waiting for another bigger news... when will China allow their citizens to travel abroad. When this will happen, nobody knows. Maybe end of this year to maybe next decade, lol!

Posted by DestinyL > 2022-06-01 17:59 | Report Abuse

I had to sell into this rally, sold 0.97% of my holdings lol
Convert to cash reserve

Posted by Tobby > 2022-06-01 18:03 | Report Abuse

Genting Bhd got off to a firm start on the local bourse in June after it announced the completion of clinical trials of an Alzheimer’s drug by its 20.3%-owned company, TauRx Pharmaceuticals Ltd.

Answer : No wonder go up so fast today! Damn! Sold too early!

Posted by DestinyL > 2022-06-01 18:06 | Report Abuse

Huh? Not long after 9am it was already highlighted here in this forum about TauRx being the main reason

Posted by Tobby > 2022-06-01 18:16 | Report Abuse

Destinyl! Really! Then i think i made the right decision to sell!

Posted by Tobby > 2022-06-01 18:17 | Report Abuse

Made few hundred thousands! So, pretty relief!

Posted by cMc6888 > 2022-06-01 18:33 | Report Abuse

Genting Berhad's associate, TauRx Pharmaceuticals Ltd., a leader in tau-based research in Alzheimer’s, had on 31 May 2022 unveiled initial data from the completion of the randomised portion of their pivotal Phase 3 clinical trial, LUCIDITY (NCT03446001).

Posted by DestinyL > 2022-06-01 18:55 | Report Abuse

@Tobby, good to take profit
Just don't look back at the price lo, especially if it goes up more
Lost opportunity cost lol

Posted by Income > 2022-06-01 18:57 | Report Abuse

Genting never fell to amaze me

Posted by Income > 2022-06-01 18:59 | Report Abuse

Tomorrow let’s see Genting actions. Another 50 sen upside?

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

Really a powerful play.

Posted by Pgraduate123 > 2022-06-01 19:10 | Report Abuse

Can continue go casino gamble once cured from Alzheimer..

Posted by choysun > 2022-06-01 19:18 | Report Abuse

So easy every day 50 sens meh. Take a breather la.

Posted by newbie2019 > 2022-06-01 19:19 | Report Abuse

so many newcomers or silencers all these time?

tomorrow closing 6.00? wowowowow hahahhahaa

Posted by Income > 2022-06-01 19:20 | Report Abuse

Once Alzheimer cure is found by Taurx… every quarter, dividend distribution by Taurx… Cannot finish dividend flow in perpetuity?

Posted by Mini2021 > 2022-06-01 19:21 | Report Abuse

Tomorrow TP RM 5.8 , mark my word...

Posted by Income > 2022-06-01 19:23 | Report Abuse

That’s the beauty of biotech Taurx Genting. Never ending dividend?

Posted by JBond007 > 2022-06-01 19:24 | Report Abuse

Anyone interested in GenM?
World greatest city (New York) casino license???

Posted by newbie2019 > 2022-06-01 19:25 | Report Abuse

this vol sure foreign big fund oledi kan? cannot be main main

Posted by Income > 2022-06-01 19:31 | Report Abuse

I think Genting is year 2022 power play like Gloves power play in 2020.
My prayers answered already. Yahoooo

Posted by Income > 2022-06-01 19:38 | Report Abuse

Genm doesn’t have Biotech company. So not exciting lah. Lesen only lah.
Whereas Genting Biotech Taurx, worldwide market lah. Very exciting.

…..
Posted by JBond007 > Jun 1, 2022 7:24 PM | Report Abuse

Anyone interested in GenM?
World greatest city (New York) casino license???

Posted by emsvsi > 2022-06-01 19:46 | Report Abuse

This volume could be other biotech/pharma or other funds who want exposure to Alzheimer's drug but knows that Genting offer the lowest cost entry and that there are no other alternatives

Posted by Sunflower01 > 2022-06-01 19:46 | Report Abuse

Target price RM7

Posted by emsvsi > 2022-06-01 19:47 | Report Abuse

If approved Taurx will be a multi-fold blockbuster drug (blockbuster is defined as a USD 1bil drug) with a patent that will last 20 years

Posted by newbie2019 > 2022-06-01 19:48 | Report Abuse

i like 7.37

Posted by DestinyL > 2022-06-01 20:11 | Report Abuse

Eh? 20 years? I thought should be 10 years

Posted by DestinyL > 2022-06-01 20:12 | Report Abuse

Rm6 rm7 before full border opening internationally sounds good

Posted by Sunflower01 > 2022-06-01 20:20 | Report Abuse

caught red handed

Posted by choysun > 2022-06-01 20:53 | Report Abuse

@DestinyL Nope, patent protection is 20 years.

Posted by DestinyL > 2022-06-01 20:55 | Report Abuse

Oh, it is 20 years, that's a very long duration to sit and collect divvy!

Posted by newbie2019 > 2022-06-01 21:08 | Report Abuse

so DestinyL whats the fair price if jadi?

Posted by Sunflower01 > 2022-06-01 21:17 | Report Abuse

Bythen age young 80 worthliving ya

Posted by DestinyL > 2022-06-01 21:26 | Report Abuse

It was published in 2016 by The Edge, additive value of TauRx alone at around RM3
I don't think there was any bonus or split, but definitely there were esos granted during these years
Give it a discount, say RM2.50
However, that was in 2016, the drug patent could be worth differently now
If the article is true, whereby the efficacy is said to be significant, it may be worth more

I'm sure there will be postings coming up soon talking about the valuation of TauRx

Posted by DestinyL > 2022-06-01 21:27 | Report Abuse

Still, this isn't a call buy.
In fact, this is my sell call to you so I can maybe buyback low lol

There is a chance the whole story was cooked!

Posted by newbie2019 > 2022-06-01 21:44 | Report Abuse

low chance? high chance?

Posted by choysun > 2022-06-01 21:44 | Report Abuse

Yeap, 20 years very long to collect divvy. If suffer from Alzheimer during that time, can take TauRx drug. Maybe Genting shareholder got discount :p

Posted by emsvsi > 2022-06-01 21:45 | Report Abuse

In the US it is common for big pharma to buy other drug/biotech firms for their drug portfolio and/or development pipelines...Taurx is like a jackpot

Posted by DestinyL > 2022-06-01 21:46 | Report Abuse

Irony, Genting hitting its own jackpot lol

Posted by newbie2019 > 2022-06-01 21:46 | Report Abuse

ok… tomorrow another round hoorai

Posted by Kim > 2022-06-01 21:50 | Report Abuse

This QR well performance recovering
Next QR2 & QR3 should be kaboom result.
- Skyworld news add +
- TauRX news if real and positive result coming. Sure to the Moon like Elon Musk starship haha..

Tomorrow another gap up and rally + collect by Foreign & Local Funds.

JP Morgan say RM9. So I say RM6 to RM7 no issue. So i changed my TP.

TP1 : RM6.50
TP2 : RM7.30
TP3 : RM8.80

Timeframe - till end year 2022

My 2c.

Posted by Peaches L > 2022-06-01 21:51 | Report Abuse

ABOUT GT DIAGNOSTICS

Genting TauRx Diagnostic Centre Sdn Bhd, a company established in Malaysia, and its wholly owned subsidiary GT Diagnostics (UK) Limited (collectively, "GT Diagnostics") was founded as a collaboration between Genting Berhad and TauRx Pharmaceuticals Ltd Group and is currently developing new tau biomarker and psychometric tools for people with Alzheimer's, caregivers and clinicians for early detection of Alzheimer's. GT Diagnostics currently develops readily deployable e-platform tools for home use as well-being apps, alongside professional tools for expert use to aid diagnosis and monitoring of dementias.

Posted by DestinyL > 2022-06-01 21:58 | Report Abuse

Hug tight tight!

Posted by Income > 2022-06-01 22:07 |

Post removed.Why?

Posted by choysun > 2022-06-01 22:07 | Report Abuse

Wah, today IDSS volume RM27.6m. Wonder if kena burn or not...

Posted by DestinyL > 2022-06-01 22:14 | Report Abuse

Those only starting to chase, might get burnt 9 9 if the story was indeed cooked

I don't think that is a likely outcome though, it has been announced on bursa

Posted by Income > 2022-06-01 22:15 | Report Abuse

Choysun,
Idss kena burnt today. That’s why they have to buyback Genting and cause Genting to go up even higher lah

Posted by Peaches L > 2022-06-01 22:20 | Report Abuse

Everyone on Cloud 9 tonite waiting for more tmrw and days/weeks/months ahead w brightest light out of d tunnel now. Hehehe…

Posted by Income > 2022-06-01 22:29 |

Post removed.Why?

Posted by choysun > 2022-06-01 22:29 | Report Abuse

ADR also up now. Wonder if tomorrow still got action. Surely there will be some who chase. Don't think there has ever been an Alzheimer drug. Hope TauRx gets regulator approval soon. :)