Posted by 1invest1 > 2022-10-26 11:33 | Report Abuse

neohts, thanks for your update.

Posted by stkoay > 2022-10-26 11:56 | Report Abuse

https://www.thestar.com.my/business/business-news/2022/10/26/strong-govt-post-ge15-crucial-for-fbm-klci#cxrecs_s

PETALING JAYA: Investor sentiment on Bursa Malaysia will be primarily led by domestic issues such as the 15th General Election (GE15) as its decouples from the impact of external developments, which has been the case in the past few months.

Despite a sharp sell-off in Chinese stocks on the Hong Kong stock exchange this week, the FBM KLCI remained resilient and closed two points lower at 1,444 points yesterday.

The local equity market has been chalking out gains since mid-October after Parliament was dissolved on Oct 9, rising some 72 points from a low of 1,372 on Oct 13 till market close yesterday.

Market analysts believe investor expectations for a strong government in place at Putrajaya post-GE15 in late November should see the local market move higher despite the heightened risk factors and volatility in global markets.

“GE15 is drawing some funds (local and foreign) into the local market on expectations a big win for one of the parties could lead to a more stable leadership and better policy outcomes.

The fresh buying of local stocks by funds could be an early “window dressing” move triggered also by multi-year low valuations and underpinned by an improving domestic economic activity with Phua stating Phillip Research’s inhouse forecast is for the benchmark FBM KLCI to hit 1,571 points prior to Nov 19 (election day) as funds rotate money into sectors like banking and telecommunication companies from glove makers, oil and gas or even the technology counters.

Posted by stkoay > 2022-10-26 12:02 | Report Abuse

Wow....above my purchase price liao.......4.50 coming........next will be 5.00.....

.....hohoho......santa comes early this year :)

Posted by choysun > 2022-10-26 12:03 | Report Abuse

Collected enough candy yet guys?

Posted by DestinyL > 2022-10-26 12:04 | Report Abuse

https://www.asgam.com/index.php/2022/10/24/genting-in-macau-why-how-part-1-of-2/
https://www.asgam.com/index.php/2022/10/25/genting-in-macau-why-how-part-2-of-2/

Posted by casanwk > 2022-10-26 12:34 | Report Abuse

Lai lai lai
Demand zone : 435 - 436
Leong price

Posted by stkoay > 2022-10-26 12:34 | Report Abuse

If strong government, KLCI up.....then I guess the "non investors" will probably vote the opposite ....haha :p

Posted by WinSSP > 2022-10-26 14:12 | Report Abuse

Thanks for sharing the news articles, DestinyL. Obvious the author has no direct access to the current financial state of Genting & its funding plans if macau bid is won. Looking forward to Genting’s announcements in Nov & Dec. If any new fundings would be required, I prefer to hear from the relevant global ratings agencies eg S&P, Fitch cos Genting’s bankers forbidden to share any financial info of Genting to the public

Posted by DestinyL > 2022-10-26 15:09 | Report Abuse

Huh? Genting and GenM's financial is public information

Posted by DestinyL > 2022-10-26 15:10 | Report Abuse

GenM is in a dire level of gearing

Posted by ykloh > 2022-10-26 15:35 | Report Abuse

Genting Group is expanding too fast.

Posted by casanwk > 2022-10-26 15:39 | Report Abuse

Buy 437 (nibble)
Tp 445

Posted by DestinyL > 2022-10-26 16:12 | Report Abuse

Mine is buy 437 (gobble)
Tp 850 lol

Posted by stkoay > 2022-10-26 17:05 | Report Abuse

https://www.theedgemarkets.com/article/glove-share-rise-nudges-healthcare-gauge-highest-two-months

Buy anything also Huat ah........very good....congratulation to all "investors"

Posted by DestinyL > 2022-10-26 17:18 | Report Abuse

Kossan blooming, but gonna keep and hold for RM2

Posted by stkoay > 2022-10-26 17:56 | Report Abuse

Good for you la.
Congrats.

Posted by DestinyL > 2022-10-26 20:25 | Report Abuse

Neck long long here in GB, hopefully next month will have some good news on Taurx so we can have another round of sell on news lol

Posted by choysun > 2022-10-26 22:09 | Report Abuse

Next month TauRx news? I'm more interested in quarter results :)

Posted by stkoay > 2022-10-26 22:14 | Report Abuse

Wow...."certain sector" is flying in US tonight..... :p

Posted by stkoay > 2022-10-26 23:15 | Report Abuse

Sorry, not certain sector, with the exception of Tech, ALL sectors are flying....haha :p

Posted by choysun > 2022-10-26 23:40 | Report Abuse

Let's go! 1600 by year end!

Posted by stkoay > 2022-10-26 23:51 | Report Abuse

Yes.....yes.....don't miss the boat for post GE bull run :)

Posted by casanwk > 2022-10-27 09:48 | Report Abuse

Volume indicator- high vol above 50MA
Super runner!

Posted by choysun > 2022-10-27 11:15 | Report Abuse

Slow and steady la, dun rush rush :)

Posted by emsvsi > 2022-10-27 12:07 | Report Abuse

YES WAIT AT (USD) 3.88

Posted by DestinyL > 2022-10-27 13:56 | Report Abuse

Hmm... got high volume meh?

Posted by casanwk > 2022-10-27 14:17 | Report Abuse

Morning first 2 hours - high vol
Price went up 443
(Tradingview

Posted by WinSSP > 2022-10-27 14:27 | Report Abuse

Well done Sabri…Usd above 4.7x and Sgd above 3.3x against Ringgit now

Posted by neohts > 2022-10-27 15:13 | Report Abuse

https://www.theedgemarkets.com/article/genting-chairmans-associate-grand-banks-yachts-says-business-momentum-accelerate-after

KUALA LUMPUR (Oct 27): Genting Bhd chairman Tan Sri Lim Kok Thay's 28.49%-owned associate Grand Banks Yachts Ltd said on Thursday (Oct 27) the yacht manufacturer's business momentum is expected to accelerate, after achieving an all-time high net order book value of S$182.9 million (about RM612.88 million) as at June 30, 2022, compared with S$116.9 million a year earlier.

Posted by choysun > 2022-10-27 21:26 | Report Abuse

Futures up yet again... A matter of time..

Posted by stkoay > 2022-10-27 22:35 | Report Abuse

https://www.cnbc.com/2022/10/26/stock-market-futures-open-to-close-news.html

Dow soars 500 points as traders cheer stronger-than-forecast U.S. economic growth data

Posted by stkoay > 2022-10-27 22:37 | Report Abuse

What recession ?

"non investor" 's prayer not answered.....must be very disappointed.

Posted by DestinyL > 2022-10-28 08:44 | Report Abuse

Haha closing is a different story

Posted by DestinyL > 2022-10-28 08:45 | Report Abuse

I think markets want to see how interest rates will impact

Posted by Investmalaysiaa > 2022-10-28 09:46 | Report Abuse

Confirm big impact lo. Huge debt leh. Genting is a nice place no doubt. But it’s not what it used to be.

Posted by stkoay > 2022-10-28 12:44 | Report Abuse

Singapore's blue chips flying......

Posted by Investmalaysiaa > 2022-10-28 13:12 | Report Abuse

Malaysia blue chip half dead. Some already dead

Posted by WinBigOrLoseAll > 2022-10-28 13:43 | Report Abuse

the price only goes south regardless good or bad news

Posted by stkoay > 2022-10-28 14:29 | Report Abuse

No la, not all Malaysia blue chips are half dead....all banks are doing fine....CIMB is near 52 week high. :)

Posted by Investmalaysiaa > 2022-10-28 14:52 | Report Abuse

Yeah. I think only banks at at the highs. Other than that all half dead or dead

Posted by stkoay > 2022-10-28 14:55 | Report Abuse

Today, Banks in Singapore are flying 3 to 4 %.......DBS group is now up 3.5%

Posted by Investmalaysiaa > 2022-10-28 14:56 | Report Abuse

Banks are safer bets now. Good dividend and high interest rate. High interest rate might reduce the loan borrowed but it can offset by higher margin. Avoid high debt companies at all cost.

Posted by stkoay > 2022-10-28 14:57 | Report Abuse

Malaysia is normally slow to respond/follow :p

Posted by RWG > 2022-10-28 15:55 | Report Abuse

hong kong stock very very cheap,

Posted by RWG > 2022-10-28 15:56 | Report Abuse

hong kong stock big offer

Posted by MoneyMakers > 2022-10-28 16:19 | Report Abuse

Banks boring/useless

2023 GenT at least rm6 - CIMB still rm5 (4ever stuck there)

Posted by Investmalaysiaa > 2022-10-28 16:28 | Report Abuse

Genting RM6??? Hahahaha what catalyst to push genting to RM6? Recovery theme already gone. Only taurx. But still have uncertainties. Now is interest rate theme.

Posted by AngTayKor > 2022-10-28 16:33 | Report Abuse

@RWLV :)

https://sg.yahoo.com/style/katy-perry-addresses-fan-theories-063107939.html

Posted by AngTayKor > 2022-10-28 16:37 | Report Abuse

No volume. Almost closing match still below 1m shares traded today.

Posted by MoneyMakers > 2022-10-28 16:39 | Report Abuse

Aiyoyo what interest rate theme - go see CIMB profit up or down

Interest rate up 0.25%..FD rate also up 0.25% - where got banks make xtra money

Go BS banks in bank forum lo aiyoyo