Let’s hope momentum keeps to 52 week high…..if we can follow up year end with good news on TauRx then we should have turbo charged boost! HK stocks motoring….hopefully we get better news in inflation from US ….IS May the one which spoils the party!
Genting Berhad owns the monopoly casino business in Malaysia. Aji facing competitive business within Malaysia and other countries. By counting the risks and rewards of both the businesses, Genting Berhad shines the brightest!
Just look at Aji revenue, it never dropped even when you say ppl are becoming smarter (?) Now that their new plant has been completed, it would be a big boost to fix their margin issues What more, if they could sell their existing land plot, there may be bonus divvy
Genting performance has been pathetic, one of my worst performing considering the time LKT is happily chewing away company earnings via RPT after RPT, not to mention you're paying his super high salary (relative to the world) I'm looking at a good exit point in fact. If Genting were RM5.50 now, I would sell and switch partially to AJI. The only savior point for me is Taurx (really)
Undervaluation always loses to growth There's plenty of better counters, one of which is KeinHin (which I still hold)
Although I m still Aji shareholder, I m disposing aji and switching to Genting Berhad because the upside for genting Berhad is better than aji! I prefer monopoly business and buying Genting Berhad at such price way below NTA 8.2 is bargain which you wil not hv a chance to grab it ever! Monopoly business is the best bet in economic recession!
Well, another big point, is food as a staple business isn't going to be adversely affected, compared to travel/leisure/gamble, which can be forego easily But don't get me wrong, I'm not promoting Aji exclusively, there's plenty of better counters, especially if a recession were to hit big time
In recession, ppl wil go casino and bet in the hope to win more money! In the booming economy, ppl wil hv more cash to go casino to try luck to win more money! Haha..
Turbocharged Engine 1: Genting Singapore, transforming to RW 2.0, one of the world best resorts for tourists to check in.
Turbocharged Engine 2: Genting Malaysia, holding the monopoly casino business in Malaysia. With the opening of the new Skyworld theme park, will generate more profits to Genting.
Turbocharged engine 3: High palm oil price, bringing more profits to Genting Plantation and Genting Berhad.
Turbocharged Engine 4: High turnover of visitors to Genting premium outlets with higher parking rate and rental fees will bring higher profits to Genting Plantation/ Genting Berhad.
Turbocharged Engine 5: High oil and gas price will bring more profits to Genting berhad!
Turbocharged Engine 6: TauRx, awaiting FDA approval for Alzheimer treatment.
Wondering if Aji has such plenty of turbocharged engines to drive profit comparing to Genting Berhad? You do the maths, you should know the odds at Genting Berhad, not aji!
By the way, personally hate Ajinomoto flavoring as making me feeling thirsty and need to drink more water… anyone of you feel the same?
Both Destiny_L & James_Bond are right. If US recession, klci affected, GB Drops Destiny_L right aji stable, more bus, no drop If US no recession, klci up, GB uP. James_Bond right GB's M, S, etc more oppo
China covid can affect tourism to GH - GB If US recession, klci & GB Drop !!!
WHAT RECESSION THE SUPERPOWER OF THE EAST WILL CARRY THE WORLD ECONOMY ON UTS SHOULDERS AND ITS PEOPLE WILL YOLO ON THE TABLES GAMBLING RUNS THROUGH THEIR VEINS IN GAMING IS FOREVER AND ETERNAL
Genting Berhad is not only involving in gambling business, but also doing leisure & hospitality, plantation, property development, O&G and biotech business. Quite diversified
Malaysia on strong footing to attract quality investments - Tengku Zafrul In an interview with CNBC this morning, he said that although challenges still remain due to global economic uncertainties, China’s move to reopen its borders next week bodes well for Malaysia, as China is the nation’s largest trading partner.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
casanwk
1,496 posts
Posted by casanwk > 2023-01-04 14:36 | Report Abuse
To lookout!
Thursday- FOMC minutes..
High impact news!