Posted by stkoay > 2022-10-19 16:05 | Report Abuse

Wow.....UOB also quite agree with choysun 1600

https://www.theedgemarkets.com/article/stick-fundamentally-sound-and-liquid-plays-ahead-ge15-says-uob-kay-hian

Posted by Income > 2022-10-19 16:07 | Report Abuse

In your house, got One truck load of gold… you house will be the target. You life will be hanging in the balance every day. Employ a few armed security guards also draining your gold value every month.
Haha.

Posted by Michael_chan2022 > 2022-10-19 16:10 | Report Abuse

Hi Choysun, according to Maybank.. GMM will rent it from GHK... but GHK share trading remain suspended lei.. let the experts here to comment

马银行研究分析师当时分析称，如若GMM赢得六个博彩专营批给之一，其几乎肯定会租用建设中的、位于南湾湖畔的澳门金银岛名胜世界，该酒店预计于12月建设完工，恰好赶上新的博彩专营批给协议于2022年1月1日开始生效。

Posted by choysun > 2022-10-19 16:20 | Report Abuse

GHK need to liquidate lo, how to rent? Surely they need a buyer...

Posted by choysun > 2022-10-19 16:23 | Report Abuse

Current climate is like we buying coal. Let it go through phase under high pressure. We get diamonds later :)

Posted by Michael_chan2022 > 2022-10-19 16:31 | Report Abuse

Haha..all the diamond miners here are hopeful to make a fortune mining in Genting

Posted by Michael_chan2022 > 2022-10-19 16:34 | Report Abuse

Another deep value counter not to be missed ..but it's getting harder to mine the diamond..唉!

Posted by stkoay > 2022-10-19 16:53 | Report Abuse

Walao eh, jumped in to buy 4.35 this morning....why closed red :(

Posted by Investmalaysiaa > 2022-10-19 16:53 | Report Abuse

Market bull genting also can red. Close at low some more. Not looking good

Posted by stkoay > 2022-10-19 16:53 | Report Abuse

Tomorrow sell contra loss :(

Posted by stkoay > 2022-10-19 16:55 | Report Abuse

Waloa eh.....CIMB n PBB up so much

Posted by choysun > 2022-10-19 17:03 | Report Abuse

@stkoay Huh, contra ah. Aiyo... 4.35 surely easy to cover back la.

Posted by stkoay > 2022-10-19 17:10 | Report Abuse

Let see how....I q to sell tomorrow at 4.38.....cari nasi lemak duit :p

Posted by Investmalaysiaa > 2022-10-19 17:34 | Report Abuse

Now is banking theme ma. So up more than down lo

Posted by Investmalaysiaa > 2022-10-19 17:35 | Report Abuse

High debt companies with minimal growth difficult to up. Two years back genting up because of recovery theme.

Posted by casanwk > 2022-10-19 17:44 | Report Abuse

Waiting for price to make uturn!
B wave ( 2 minutes)
To topup!

Posted by 1invest1 > 2022-10-19 18:10 | Report Abuse

stkoay, how come you punt now, lah
even theme play can gain but high risk.
dead cat bounce. Hope you don't lose : p

Posted by Investmalaysiaa > 2022-10-19 18:35 | Report Abuse

Macau has close to 40 casinos. Need to be very competitive. Cannot be like Malaysia. Water also need to pay.

Posted by Investmalaysiaa > 2022-10-19 18:35 | Report Abuse

Meaning margin less, high capex, high interest cost, high debt. Good luck

Posted by choysun > 2022-10-19 18:53 | Report Abuse

@Investmalaysiaa You seem to know more than the Genting management. They must hire you as director :p

Posted by Investmalaysiaa > 2022-10-19 19:00 | Report Abuse

Aiyooo, this is basic things where everyone also know. Not insider things also. If you don’t know then idk what to say lo

Posted by Michael_chan2022 > 2022-10-19 19:39 | Report Abuse

Ang moh has pushed the treasury yield back up 4% again

How to trade in this kind of market? Waiting to be slaughtered

Posted by stkoay > 2022-10-19 19:43 | Report Abuse

@1invest1......influenced by the cheering of the fanboy lo....cannot think properly after that...haha :p

Posted by stkoay > 2022-10-19 19:54 | Report Abuse

Walao eh .....investmalaysiaa is spot on......

https://www.freemalaysiatoday.com/category/business/local-business/2022/10/19/banking-stocks-attract-keen-interest-among-investors/

UALA LUMPUR: Interest in banking stocks gave Bursa Malaysia another burst of energy today to lift the key index another 1.05% up.

Public Bank and CIMB Bank led the way with a 14-sen increase each to RM4.34 and RM5.39 respectively. Together, they accounted for a 7.05-point gain in the market bellwether.

Posted by Income > 2022-10-19 21:11 | Report Abuse

investmalaysiaa <— maybe is a journalist who wrote this news?
How come he is spot on if he is not the journalist???



KUALA LUMPUR: Interest in banking stocks gave Bursa Malaysia another burst of energy today to lift the key index another 1.05% up.

Public Bank and CIMB Bank led the way with a 14-sen increase each to RM4.34 and RM5.39 respectively. Together, they accounted for a 7.05-point gain in the market bellwether.

Posted by Income > 2022-10-19 21:31 | Report Abuse

KUALA LUMPUR, Oct 19 — PAS president Tan Sri Abdul Hadi Awang has today begun rallying voters to reject DAP and other parties that he labelled as “pro-communist”.

Using the hashtag #TolakDAP, he took to Facebook to justify his call by saying that communism, as a secular concept, rejects religious beliefs, claiming that communists were “worse than Christian and Jewish terrorists”.

“Communists don’t have troops like Western colonisers, but their beliefs colonise the minds of different races to be recruited as part of their army.

“The danger is far greater than the fair-skinned Western colonial armies, because communist beliefs kill ‘aqidah’ in the most extreme way,” the Islamist politician said on Facebook, before adding that any attempt to promote the communist ideology in Malaysia should be forbidden.



Not yet mention about casinos betting… to be continued…

Posted by choysun > 2022-10-19 21:56 | Report Abuse

So many experts of late :p

Posted by stkoay > 2022-10-19 21:58 | Report Abuse

Haha.....

Posted by stkoay > 2022-10-19 21:59 | Report Abuse

@choysun....Dow opened steady leh....

Posted by Investmalaysiaa > 2022-10-19 22:01 | Report Abuse

Journalist? Kikikiki not sure whether still remember what’s my job or not. Have told a lot of times in glove forum two years back. People don’t even believe lol

Posted by 1invest1 > 2022-10-19 22:07 | Report Abuse

G group will survive, succeed & soar.
G group is fast diversifying.
G group is fast becoming a global group
G group will fully focus globally over time
G may have zero reliance locally long term
Global growth is future of profitability.
Patience & staying GB course reap riches

Posted by choysun > 2022-10-19 23:55 | Report Abuse

@stkoay Yeap, seem to be consolidating recent big gains. Hope it steady the nerves of investors. :)

Posted by DestinyL > 2022-10-20 06:13 | Report Abuse

1invest1, cannot be zero local reliance la, means close down Highlands dy! Lol

Posted by Investmalaysiaa > 2022-10-20 08:04 | Report Abuse

If Malaysia monopoly market they also don’t want then wish them good luck in competing in outside world

Posted by DestinyL > 2022-10-20 08:54 | Report Abuse

He meant to say very low reliance la
If can bring reliance down to 10% also very geng dy, now is perhaps 30%?

Posted by DestinyL > 2022-10-20 08:55 | Report Abuse

Or 40%

Posted by Investmalaysiaa > 2022-10-20 09:14 | Report Abuse

Ya ke? He says zero reliance wor.

Posted by AngTayKor > 2022-10-20 09:34 | Report Abuse

*Singapore Gaming – Flash Notes on MBS 3Q22 Results*
_Impressive Gaming Revenue Recovery To >90% Of Pre-Pandemic Levels_

• *MBS: Stellar gaming volume recovery.* MBS’s adjusted EBITDA surged 2187% yoy to US$343m (best Q since pandemic). 3Q22 net gaming revenue has also recovered 4% qoq to 94% of pre-pandemic levels. In S$, 3Q22’s mass market (table and slot) GGR rose 156% yoy and 10% qoq, while VIP GGR surged 1221% yoy and 4% qoq. Mass:VIP GGR mix for tables (ie excluding slots) stood at 50%:50% in 3Q22 (2Q22: 48%:52%).

• *Mass market: Further qoq recovery lifted by resilient mass volume.* In S$, we estimate that the mass market non-rolling chip volume further recovered and rose 12% qoq to represent the highest quarter since COVID-19 (90% of pre-pandemic levels), while slot handle improved 10% qoq to historical high and exceeds pre-pandemic levels. With higher mass volumes at +10% qoq despite flattish win rate, mass table GGR surged 13% qoq while slot GGR surged 7% qoq in 3Q22. The overall mass market GGR improved 10% qoq.

• *VIP: RCV recovered close to pre-pandemic levels, but lower win rate.* We estimate MBS' 3Q22 RCV rose 29 qoq (+1504% yoy) and represented 96% of pre-pandemic levels, mainly due to strong international visitations following Singapore’s lifting of borders restrictions. Despite a lower win rate of 3.47% in 3Q22 (2Q22: 4.29%), VIP GGR increased 4% qoq and spiked 1221% yoy (mainly reflecting steep recovery from lackluster foreign patronage during SG’s borders closure in 3Q21).

• *RWS: Expecting a similarly better quarter with remarkable gaming volume recovery.* We expect Resorts World Singapore (RWS) to deliver positive GGR trajectory, although RWS’ volume dynamics will trail MBS’ to partly reflect reduced hotel capacity. With gaming revenue significantly recovering in 3Q22 in tandem with the influx of international visitors to Singapore following removal of most pandemic-related restrictions, RWS will also benefit from Singapore’s overall pent-up tourism demand in 3Q22 which will lift its hotel occupancy and average room rates.

• *Maintain OVERWEIGHT and we look forward to China’s eventual borders reopening.* We retain our view that China’s eventual border reopening remains as a strong rerating catalyst for Singapore’s gaming industry. To recap, China visitors historically make up about 19-20% of Singapore’s pre-pandemic tourist arrival in 2018-19. Moving forward, we expect China to ease travel restrictions from 4Q22-1Q23 onwards, and its travel pent-up demand may allow both MBS and RWS to potentially deliver above pre-pandemic GGR.

• *Maintain BUY on GENS with target price of S$1.08,* which implies 8x 2023F EV/EBITDA (-0.5SD below mean). We continue to expect cash flushed GENS (net cash accounts for 33% of market cap) to engage in significantly better capital management moving forward and offers attractive prospective yield of 5.1-5.8% in 2023F.

Posted by Income > 2022-10-20 10:40 | Report Abuse

Upstairs for Genting kambing?

Posted by choysun > 2022-10-20 11:49 | Report Abuse

@ATK So new cha cha round?

Posted by choysun > 2022-10-20 11:49 | Report Abuse

Or still focusing on your warrants :p

Posted by AngTayKor > 2022-10-20 12:22 | Report Abuse

Posted by choysun > 28 minutes ago | Report Abuse
@ATK So new cha cha round?
------------------------------------------------------

No la. Just sharing some good news with Genting comrades. Financially draining to exercise Taurx warrants hence taking a rest first. Hopefully not for long :p

Posted by AngTayKor > 2022-10-20 12:28 | Report Abuse

KLCI green and GenS potential good news for Q3 result but GenB hardly moving up. Maybe gaming/tourism industry sector not in play now.

Posted by Investmalaysiaa > 2022-10-20 12:53 | Report Abuse

Now is interest rate theme ma

Posted by neohts > 2022-10-20 13:26 | Report Abuse

https://www.theedgemarkets.com/article/genting-singapore-climbs-peer-las-vegas-sands-earnings-beat

Genting Singapore climbs on peer Las Vegas Sands’ earnings beat

Posted by emsvsi > 2022-10-20 14:02 | Report Abuse

YES DURING PERIODS OF HIGH INFLATION MONEY KEPT IS USELESS JUST YOLO ON THE TABLES GO BIG OR GO HOME HUAAAAT AHHH

Posted by choysun > 2022-10-20 14:09 | Report Abuse

LVS bellwether? Hmm

Posted by Investmalaysiaa > 2022-10-20 14:11 |

Post removed.Why?

Posted by emsvsi > 2022-10-20 14:15 | Report Abuse

YES MBS RESULTS WERE ACHIEVED WITHOUT CHINA SUPER HIGH ROLLERS IMAGINE THE POSSIBILITIES WHEN CHINA REOPENS ~

Posted by neohts > 2022-10-20 14:16 | Report Abuse

Genting Berhad Q3 result profit, share price up all the way.