Posted by Michael_chan2022 > 2023-08-20 09:53 | Report Abuse

https://youtu.be/h2FIuLjT-tI

中国旅客回流，旅行社: 难以扩大营运規模

Posted by Michael_chan2022 > 2023-08-20 10:14 | Report Abuse

連跌兩天...，
希望4.40 強势回弹。。

- Q2 has recovered to 92% of tourist arrivals compared to 2019 levels.
- Q3 witnessed a complete recovery of Chinese tourists

業績前給大家打打气。。jiayu 👍

Posted by Michael_chan2022 > 2023-08-20 10:18 | Report Abuse

https://zh.asgam.com/index.php/2023/08/17/return-of-chinese-tourists-sees-singapore-visitor-arrivals-jump-26-to-1-42-million-in-july-zh/

中國遊客回歸，新加坡7月入境游客量增26%至142 萬人次

儘管中国在7 月份重新成為新加坡
最大的旅遊客源市場，
但仍以655,520 人次的數量位居全年第二位，僅次於印度尼西亞。

Posted by Michael_chan2022 > 2023-08-20 10:28 | Report Abuse

Hope GenB 的業绩:
- 開大有 400 mln
- 開小有 350 mln
- 開小小有300mln
😀

Posted by Michael_chan2022 > 2023-08-20 11:05 | Report Abuse

https://finbox.com/KLSE:GENTING/explorer/pe_ltm/

GenB historical pe ratio: 20

Posted by Michael_chan2022 > 2023-08-20 15:55 | Report Abuse

https://www.businesstimes.com.sg/international/asean/six-decades-malaysias-revamped-genting-highlands-sports-new-look-woo-tourists

Six decades on, Malaysia’s revamped Genting Highlands sports new look to woo tourists....

This article appeared on the Singapore Business Times on Saturday, 18 Aug2023 ·

On Top of the Hill
No longer just a casino destination, the mountain top resort now known as Resorts World Genting draws well over 22 million visitors a year

Posted by Michael_chan2022 > 2023-08-20 15:56 | Report Abuse

A city that never sleeps...

Rooms in Genting Highlands are selling like hotcakes....
The majority of those who can't secure a room have no choice but to just do a day trip or stay at other areas such as mid-hill

GenM will chiong tomorrow..?

Posted by Riaz1954 > 2023-08-20 16:23 | Report Abuse

I am sadly predicting half year performance below expectation, you see selling pressure as insiders being to load….normally you should see price rising even though overall market sentiment is pretty bad. Genting has been poor in managing costs and this will filter through lower profitability. The only big catalyst I see is Taurx.

Posted by Michael_chan2022 > 2023-08-20 16:37 | Report Abuse

Good point @Riaz1954.
There are also numerous scenarios where stock prices rise before a financial report, but then the company announces disappointing results and the stock price tanks. Let's hope for the best outcome for Genting. Cheers!

Posted by choysun > 2023-08-20 18:44 | Report Abuse

Enjoy the dividend first :)

Posted by Sunflower01 > 2023-08-20 18:54 | Report Abuse

Better div

Posted by Michael_chan2022 > 2023-08-20 19:56 | Report Abuse

Comparing Resorts World Sentosa and Resorts World Genting Highlands.... observe the following distinctions:

1) Resorts World Sentosa (Genting Singapore):
- In 2019, Sentosa hosted nearly 20 million tourists, but ...not all of them visited Resorts World Sentosa.
- The company has 12 billion outstanding shares.
- Reported a net profit of 276 million during the first half of 2023.

More details breakdown..
Revenue,
2022 full year, S$1.72bn
4q2022, S$542 mln
1q2023, S$484.5 mln

Net profit,
2022 full year, S$340.1 mln
4q2022, S$120 mln
1q2023, S$129.2 mln
2q2023, S$147.5 mln


2) Resorts World Genting (Genting Malaysia):
- In 2022, Resorts World Genting welcomed 22 million tourists.
- The company has 5.67 billion outstanding shares.
- a loss in the first quarter of 2023

More details breakdown
Revenue,
2022 full year, rm8.60 blns
4q2022, rm2.43 blns
1q2023, rm2.28 blns

Net loss,
2022 full year, rm667.4 mlns
4q2022, rm393.96 mln loss
1q2023, rm45.40 mln loss
2q2023, ??????

Posted by Michael_chan2022 > 2023-08-20 20:00 | Report Abuse

2q2023 GenM 的業绩:
- 開大有 280 mln
- 開小有 250 mln
- 開小小有220mln
😀

Posted by neohts > 2023-08-21 09:05 | Report Abuse

Q2 2023 result this week. Should be GOOD.
Can't wait to get the ANGPOW dividend.
Malaysia boleh. Pakatan Boleh. Merdeka.

Posted by neohts > 2023-08-21 09:06 | Report Abuse

PN only got 4 states out of 14. Dreaming.

Posted by Riaz1954 > 2023-08-21 09:29 | Report Abuse

Paying a dividend when you have large debt is not sensible, short term pleasure and long term disaster. Good financial management is needed where costs are brought under control. This has sadly not been the case. Sale of Miami is needed and perhaps selling or listing of Las Vegas business to generate value…unfortunately climate is not right for that either.

Posted by RISK8888 > 2023-08-21 09:34 | Report Abuse

have you people study how strong Genting in cash generation annually? if without any new expansion/new market. these cash potential can be part of dividend to shareholder. The cash is huge, you can see from all subsi, all are generating huge cash.

Posted by neohts > 2023-08-21 09:38 | Report Abuse

Planning to List Las Vegas hotel and Casino in US stock market in near future.
Can get a lot of CASH from IPO.

Posted by Michael_chan2022 > 2023-08-21 12:12 | Report Abuse

https://www.wsj.com/business/hospitality/macau-reclaims-crown-from-vegas-as-worlds-top-gambling-hub-edf318cd

Macau Reclaims Crown From Vegas as World’s Top Gambling Hub

Share price not moving, why ahhh?
Market is too pessimistic.. worried visitors all flock to Macau again in q2 2023 after it reopened

Posted by Michael_chan2022 > 2023-08-21 12:19 | Report Abuse

Macau is doing well means ASEAN and Las vegas financial performance ...no good meh??

Posted by RISK8888 > 2023-08-21 12:30 | Report Abuse

too scare of green wave

Posted by Michael_chan2022 > 2023-08-21 12:38 | Report Abuse

要賣的玩家，都走了。接下耒股价会往那裏走？😀

Posted by ClaraChan94 > 2023-08-21 14:56 | Report Abuse

Don't worry, Ronan Keating is coming to Genting 😄

https://www.malaymail.com/news/showbiz/2023/08/20/irish-pop-singer-ronan-keating-delivers-nostalgia-and-feel-good-moments-at-genting-concert/86175

Posted by choysun > 2023-08-21 15:05 | Report Abuse

Time to wake up Genting :)

Posted by Michael_chan2022 > 2023-08-21 15:58 | Report Abuse

Painfully switching from GenM to Tenaga..still holding on to GenB

Posted by choysun > 2023-08-21 16:12 | Report Abuse

Why switch? But I'm holding TNB as well. Keep keep. NETR :)

Posted by Michael_chan2022 > 2023-08-21 17:59 | Report Abuse

@choysun, our future is in renewal energy 👏

Posted by Michael_chan2022 > 2023-08-21 22:01 | Report Abuse

https://youtu.be/A03e1u0i-QE

一賣就升...

Posted by Riaz1954 > 2023-08-21 22:47 | Report Abuse

All points to poor earnings ……I am afraid. Inside info is quite telling.

Posted by firehawk > 2023-08-21 23:30 | Report Abuse

TauRx may lose to its rival, which already granted approvals

Eisai Azheimer’s drug set to win Japanese approval, after US
https://theedgemalaysia.com/node/679531

Posted by choysun > 2023-08-22 00:46 | Report Abuse

Isn't TauRx many times better, based on the latest results?

Posted by AngTayKor > 2023-08-22 01:37 | Report Abuse

European Alzheimer's experts unconvinced by new Eisai, Biogen drug


https://www.reuters.com/business/healthcare-pharmaceuticals/european-alzheimers-experts-unconvinced-by-new-eisai-biogen-drug-2023-06-13/

Posted by AngTayKor > 2023-08-22 02:08 | Report Abuse

Posted by firehawk > 1 hour ago | Report Abuse
TauRx may lose to its rival, which already granted approvals
Eisai Azheimer’s drug set to win Japanese approval, after US
https://theedgemalaysia.com/node/679531
-----------------

That FDA Adcomm meeting was probably arrangement so that amyloid critics were not in the 6 panel members (usually at least 10 members).

https://www.change.org/p/lecanemab-is-neither-safe-nor-effective-for-alzheimer-s-patients-against-the-fda-approval?redirect=false

https://inews.co.uk/news/the-hype-about-the-new-alzheimers-drug-donanemab-has-gone-too-far-were-still-years-from-a-cure-2484528

https://www.thenation.com/article/society/alzheimers-drugs/



My conclusion is lecanemab n donanemab are both low efficacy symptomatic drugs (even less effective than aricept or Namenda approved some 20 years ago). The slopes on the graphs are all sloping downwards in parallel. A real disease modifying drug shd see the downward slopes diverging away, not parallel.

It seems there is accelerated disease progression when measuring natural biomarkers. Increased NfL n accelerated brain atrophy, the neuro-degeneration is actually even worse! Those trial endpoints are showing slowdown in decline due to the temporary symptomatic effects of those drugs (weaker than aricept). Long term use will be very harmful to the brain n accelerated brain degeneration. These points are not covered by many analysts besides some mentioning of ARIA issues (deaths) n expensive treatment costs including twice weekly intravenous, multiple PET n MRI scans.

Im expecting a patient class action law suit against Biogen and Lilly 3 years down the road when it becomes very obvious these amyloid drugs are causing much more nero-degeneration and harm despite giving patients weak symptomatic effects. Honestly patients are much better off with USD800/year oral medication now using generic aricept (Donepezil)/ Namenda generic drug, etc.

Posted by firehawk > 2023-08-22 05:21 | Report Abuse

DividendGuy67 > 5 days ago | Report Abuse

The TauRx relationship with Genting is very old story that went back to at least 2015 ... see here - https://www.biospace.com/article/releases/-b-taurx-pharmaceuticals-b-plans-u-s-ipo-/.

The "private value" of USD200-300 has been mentioned for many years. TauRx is a 30 year old "company".
.
.
.
The payoff might not be there. Don't buy GENTING just because it owned 20% of TauRx ... Buy GENTING for other reasons.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Thanks for the info. and fair advice

Posted by Michael_chan2022 > 2023-08-22 10:30 | Report Abuse

No joke.. the sleepy giant has awakened. Go.. go Genting

Posted by Michael_chan2022 > 2023-08-22 10:33 | Report Abuse

Observing at the way GenS is moving.. the outlook isn't very optimistic

Posted by Michael_chan2022 > 2023-08-22 10:50 | Report Abuse

Selling pressure has subsided.. all watch only.. no action 🤓

Posted by Riaz1954 > 2023-08-22 10:54 | Report Abuse

Drug research, development and approval process does take long time. So 15-20 year wait is not extraordinary event. If there was no hope than Taurx won’t be supported and would have been ditched long time ago. The question is whether the long wait will be fruitful? Agree nobody would buy Genting for Taurx….but it does add some spice.

Posted by Riaz1954 > 2023-08-22 10:58 | Report Abuse

One of the most undervalued shares has to be Ali Baba….for sure ….dogged mostly by political issues and now China slow down…..it’s rival Amazon despite correct in its price is valued 7 times more just because it is a US company.

Posted by Riaz1954 > 2023-08-22 11:51 | Report Abuse

One of the worst run companies …..around. Sorry to say that …no control over cost or business strategy for that matter……evidence the highest paid CEO….for business that generates losses….he get paid more than CEO of Rolls Royce, IAG, Ali Baba, and so on ………all perform better than Genting why….. because they have professional qualified leaders…..not family members…..than we have party related transactions ….now and than to dilute investors …..even more. Only way to make money is to watch out for any party related event…..

Posted by choysun > 2023-08-22 12:21 | Report Abuse

Moving north. Good signal? :)

Posted by Michael_chan2022 > 2023-08-22 12:29 | Report Abuse

I think good ..👍

Posted by Michael_chan2022 > 2023-08-22 12:49 | Report Abuse

最怕虎头蛇尾。。

Posted by ClaraChan94 > 2023-08-22 14:04 | Report Abuse

Genting’s Resorts World Sentosa set to benefit from return of Chinese travellers

https://theedgemalaysia.com/node/679136

Posted by Michael_chan2022 > 2023-08-22 17:13 | Report Abuse

Not bad closing... Go go GenB

Posted by Shines > 2023-08-22 18:26 | Report Abuse

@Chan94 yes every directions points to a better environments for GenS, but the recent money laundering news initiate another selloff, even though its still cum div.

Posted by RISK8888 > 2023-08-22 20:34 | Report Abuse

Genting is super cash cow. Even without profit, they still generate substantial cash. These cash are use to reinvestment or it can be dividend to shareholders. Good job Genting.

Posted by Michael_chan2022 > 2023-08-22 23:29 | Report Abuse

https://www.channelnewsasia.com/singapore/tour-agencies-singapore-struggle-lack-manpower-vehicles-tourism-inches-back-towards-pre-pandemic-levels-china-3714881?cid=internal_sharetool_androidphone_22082023_cna

Tour agencies in Singapore struggle with lack of manpower, vehicles as tourism inches back towards pre-pandemic levels

Posted by Michael_chan2022 > 2023-08-22 23:32 | Report Abuse

https://www.cnbc.com/2023/08/22/sp-downgrades-multiple-us-banks-citing-tough-operating-conditions.html

S&P downgrades multiple U.S. banks citing ‘tough’ operating conditions

Avoid banking stocks...buy GenB

Posted by 1invest1 > 2023-08-23 16:04 | Report Abuse

All said and done, GB will not have easy time to move up as
1) debt level servicing is so HIGH,
2) HIGHEST PAID CEO
3) Every now & then RPT !

So, mgmt is not changing their way.
They work to serve themselves ONLY.
Shareholders are a way to raise funds only.
CEO, family, etc. control majority shares

Shareholders help them to become richer.
Remember, they have the INSIDE INFO.
You only find out when it is published.

Without Taurx becoming successful, GB is far, far, far away from the best shares to buy.
In last 6m, a few shares rose over 40% !!!
So, no big deal abt GB.

Taurx is the jewel in the crown.
If it is successful, GB WILL MOVE UP !