Posted by ken2004 > 2022-06-12 16:44 | Report Abuse

Lol thinking all the madness, some said TG can go bankrupt when they are not even in red yet, here we have genting in red almost for 2 years and still steadily up, maybe we should now all buy into recovery as it is about future earning.......

Posted by emsvsi > 2022-06-12 21:44 | Report Abuse

YES KEN2004 HOW MUCH HAS TOPGLOVE LOST FROM THEIR SHARE BUYBACKS

Posted by Income > 2022-06-13 07:28 | Report Abuse

Today fighting hard

Posted by Income > 2022-06-13 07:36 | Report Abuse

Emsvsi, TG lost 1.2 billion in 2 years … kacang lah. Haha
Genting lost more lah in 2 years.

Posted by Income > 2022-06-13 07:37 | Report Abuse

TG lost 1.2 billion in 2 years for shares buyback … kacang lah. Haha

Posted by Income > 2022-06-13 08:11 | Report Abuse

https://www.theedgemarkets.com/article/top-gloves-paper-loss-share-buyback-jumps-rm12b

This is the link TG 1.2 billion paper loss.
Is TG lose less than Genting in 2 years?

Posted by Investmalaysiaa > 2022-06-13 08:39 | Report Abuse

The red in genting is almost end. And the red in top glove is going to start. See the difference?

Posted by kincho > 2022-06-13 09:17 | Report Abuse

the red in genting is almost over ? you must be in slumber land...

Posted by willc48 > 2022-06-13 09:28 | Report Abuse

genting in red. ah long banks chasing money. no problem to payoff from recent share price. now buy at low again, right Mr

Posted by nicholas99 > 2022-06-13 09:29 | Report Abuse

boss already run. u still stay? haha. royal.. and keep lose money.

Posted by kincho > 2022-06-13 09:31 | Report Abuse

In english, this short stop is called "taking a breather", the avalanche will resume after the break..

Posted by Income > 2022-06-13 09:34 | Report Abuse

Kincho is Kinship kah? Like familiar lah

Posted by Income > 2022-06-13 09:36 | Report Abuse

The Chef already run road… you see or not?

Posted by Income > 2022-06-13 09:38 | Report Abuse

I keep only 25% here. Maybe Taurx got discount for shareholders???

Posted by alenac > 2022-06-13 09:43 | Report Abuse

Good morning guys, most KLCI stocks are moving down in anticipation of Feds tightening interest rate further and which may cause global recession. The rot is beginning.

Posted by RWG > 2022-06-13 10:17 | Report Abuse

die horrorible today

Posted by Nepo > 2022-06-13 10:21 | Report Abuse

hopefully no one force sell today
indeed it is a good price to buy in RM 4.77

Posted by matklse > 2022-06-13 10:23 | Report Abuse

High oil prices and inflation are such a pain in the s now.

Fed must hike the interest rate, expected 75-100 basis points on Thursday Night (Malaysia Time), this means KLSE will only react to the terrible news and NYSE crashes on Friday.

So the final big boss KLSE market crash will only happen on Friday.
leading up to the D Day, are just small crashes, just a preview of the armageddon. KLSE will go to 1300-1400.

Who buys who dies...

Posted by DestinyL > 2022-06-13 10:23 | Report Abuse

Remember fear is sometimes your friend

Posted by Income > 2022-06-13 10:45 | Report Abuse

The Trumpet already sounded today.

Whoever wants to donate to Genting, please donate now, for Genting Kinship Bonding…

Posted by Income > 2022-06-13 10:47 | Report Abuse

I will keep renewing FD at higher rates. I learned from Prof. Ular.

Posted by Mini2021 > 2022-06-13 11:00 | Report Abuse

RM 4.3 coming sad sad...Tan Sri Lim Kok Thay is the smartest investor..... He will announce new investment at Singapore soon...

Posted by Income > 2022-06-13 11:05 | Report Abuse

This time, is the best time to donate to Genting. Lhdn will deduct donations in tax calculations.
Please donate.

Posted by Calafate > 2022-06-13 11:34 | Report Abuse

Donate means go to gambling kah? No wonder RWG everyday people mountain people sea!

Posted by investmalaysia618 > 2022-06-13 11:38 | Report Abuse

when genting can survive covid, there's inflation and high interest rate is no issue for them. but have to buy at discount price also la

Posted by Nepo > 2022-06-13 11:41 | Report Abuse

I bought another lot @ RM 4.80

Posted by Nepo > 2022-06-13 11:43 | Report Abuse

when Genting no operation, price around RM 3.xx, now get operation, still waiting for RM3.xx..?

Posted by Nepo > 2022-06-13 11:44 | Report Abuse

The time you want to buy at RM 3.xx has gone..

Posted by Income > 2022-06-13 11:55 | Report Abuse

Genting just out of Tiger mouth now jump into Lion mouth???

Posted by JBond007 > 2022-06-13 12:05 | Report Abuse

This year 'Year of Tiger'! Roar!

Posted by apple168 > 2022-06-13 12:05 | Report Abuse

Uncle Lim disposing Genting Berhad shares.. follow Uncle Lim… dump dump dump!

Posted by apple168 > 2022-06-13 12:06 | Report Abuse

See Genting Berhad back to 3.80 soon…

Posted by Income > 2022-06-13 12:14 | Report Abuse

Bad Apple kambing. Omg. Bad omen

Posted by WinSSP > 2022-06-13 12:21 | Report Abuse

Haha apple168 better buy top glove at 1.03 now la…. hehehe

Posted by WinSSP > 2022-06-13 12:21 |

Post removed.Why?

Posted by WinSSP > 2022-06-13 12:23 | Report Abuse

Getting ready to uplift fd…. 4.50 please come again!

Posted by Goldgent > 2022-06-13 12:24 | Report Abuse

Just do the opposite of what apple168 predict.
Don't know why, always 'chun chun'.

Posted by WinSSP > 2022-06-13 12:26 | Report Abuse

Agree @Goldgent. Can earn some short-term pocket money, why not :)

Posted by Karma4444 > 2022-06-13 12:27 | Report Abuse

World index get burn

Posted by thurston > 2022-06-13 12:30 | Report Abuse

https://www.businesstoday.com.my/2022/06/13/could-gentings-taurx-be-a-potential-ma-target/

Posted by thurston > 2022-06-13 12:37 | Report Abuse

Above article from UOB stated that
1. Regulatory approval could be in months, no need to wait for the 12 month open label trial.

2. Genting TP can be up to rm 20.25 if the medicine approval in months.

Posted by ownet > 2022-06-13 12:42 | Report Abuse

At the current share price, investors are essentially getting its non-listed assets (potentially 20% of TauRx) for free.

Posted by DestinyL > 2022-06-13 12:48 | Report Abuse

The freedom of speech in forums, it truly is free!

Posted by alextan5680 > 2022-06-13 12:52 | Report Abuse

KUALA LUMPUR: Merger and acquisition (M&A) of Genting Bhd's 20.3 per cent-owned research and development (R&D) associate TauRx Pharmaceuticals Ltd could allow for faster monetisation versus initial public offering (IPO), RHB Research said.

The firm said while Genting did not comment on its strategy with regards to its TauRx stake, any option of value realisation or monetisation was definitely a positive after having invested in the firm since November 2012.

"For TauRx to IPO, it would need to first commercialise its lead investigative oral drug, HMTM, in 2023 and undertake listing in 2024 or later.

"Conversely, we think M&A or in-licensing agreements may allow for earlier monetisation of Genting's stake, given that large pharmaceutical firms may have M&A interest in TauRx in order to possess the world's only effective Alzheimer's treatment.

"As a plus, M&A could allow TauRx to leverage on such firms' resources to expedite HMTM speed to market," it said in a note today.

RHB Research said the HMTM drug would need to undergo 12 months of open-label trials – it could seek regulatory approvals for this Alzheimer's drug before the trial's conclusion.

RHB Research said TauRx could contribute RM1.3 billion-RM4.3 billion to Genting's financial year 2024 (FY24)-FY26 earnings, assuming a 10 per cent net margin.

"It could also fetch an upside of RM3.47-RM13.88 a share share based on 10x price to earnings ratio (P/E) on our base and bull cases for FY24 earnings," it said.

RHB said this could translates to hypothetical target price of RM9.84-RM20.25 for Genting.

"Because HMTM's path to market and TauRx's value remains uncertain, we elect not to include the latter in Genting's valuation for now," it added.

RHB Research has maintained its "Buy" call on Genting, with an unhanged target price of RM6.37.

"TauRx's value accretion aside, we believe Genting's entities' recoveries makes it an attractive value 'Buy' with significant upside.

"At the current share price, investors are essentially getting its non-listed assets (potentially 20 per cent of TauRx) for free. Key risks include a prolonged pandemic, decrease in luck factor, and regulatory risks," it said.

Posted by AngTayKor > 2022-06-13 13:43 | Report Abuse

No need to wait for end of 12 month open label for approval submission. The main focus regulators look at is on the first 12 month randomised and blinded phase 3 trial.

No need to wait for drug commercialisation before IPO. Many biotechs in NASDAQ are still not in late stage phase 3 trial, let alone commercialisation stage. Since 99.9% of AD drugs fail at phase 3, Taurx IPO will not be cheap. Investors can buy with certainty with successful phase 3 trial result.

A lot of wrong info articles flying around. Could be planted by whales. Maybank analyst attended ADI conference and reported the following data on HMTM revealed at the conference in London.

Primary Endpint: ADAS-COG = No Decline
Primary Endpoint: ADCS-ADL = 67% slowdown in decline
Secondary Endpoint: Brain atrophy = 50% slowdown in volume shrinkage

Read the trial announcement:
"....participants receiving HMTM decline at a rate substantially less than is typical in Alzheimer’s based on published research. This was seen for both cognitive and functional endpoints across a broad range of severity from mild cognitive impairment (MCI) to moderate Alzheimer’s. Importantly, the safety profile is favourable and consistent with previous studies."

The report given by Maybank analyst who has attended ADI conference in London is consistent with what Taurx has announced. Not that I want to talk big abt Taurx.... No drugs' performance can surpass or even come anywhere near to HMTM's performance for the next 10 years. This drug is the Holy Grail for all AD patients, caregivers, doctors, govt, etc who have been waiting, praying and hoping for a miracle drug for the past few decades. HMTM will also go into the preventive AD market. Stop the disease before it starts to wreck havoc. Start the treatment early via PET scan for accumulation of toxic Tau tangles biomarkers even before physical AD symptoms appear. Huge existing AD market plus AD preventive market.

Posted by Income > 2022-06-13 14:28 | Report Abuse

Still Taurx story… already mouldy story.
I suspect some whales want another round of upside for Taurx play in Genting???
Very suspicious lah.
Bilis will be taken for another Wild Ride???
Bilis got endless money to play according to Whales Playbook for another wild upside and then another Downside swing???
Your guess is as good as mine. Good luck baby.

Posted by Income > 2022-06-13 14:39 | Report Abuse

True kah???
Whales Playbook for another wild Upside and then another wild Downside swing???
Where Bilis got money for another round of Wild Rides???
I don’t want to be taken for another round of roller coaster Wild ride???

Posted by investmalaysia618 > 2022-06-13 14:41 | Report Abuse

better keep more cash. see money take money. lucky i sold off 80% at 5.2 level.

Posted by Income > 2022-06-13 14:48 | Report Abuse

I just be static. Non involve in another round of Wild Upside and Wild Downside.
I will just sit tight to see my 25% holdings taken care by Whales Playbook.
Nobody knows how is another round of Wild Rides. Thanks Bro and Sis

Posted by Goldgent > 2022-06-13 14:50 | Report Abuse

TauRX吸引并购兴趣? 云顶或更早套现获利
https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/taurx%E5%90%B8%E5%BC%95%E5%B9%B6%E8%B4%AD%E5%85%B4%E8%B6%A3-%E4%BA%91%E9%A1%B6%E6%88%96%E6%9B%B4%E6%97%A9%E5%A5%97%E7%8E%B0%E8%8E%B7%E5%88%A9