Ex-divd keep diving? Possible go below 4? Budget coming , maybe govt got bad news for them. PH always like to bully Genting. When first elected during 2018. PH immediately hit Genting with gaming tax.
Posted by MoneyMakers > 9 minutes ago | Report Abuse Correct TauRx useless - alrdy fail trial multiple times FF alrdy start run (net sell) 2weeks ago - gonna get much worse esp Monday div xdate (usually heavy drop) --------------
Aiya this type jealous see others already making multiple fold return on Taurx and still eating sour grapes. Hahaha... The drug really can work. Can totally halt disease progression and see 20% IMPROVEMENT for MCI group. Lecanemab can only see 27% SLOWDOWN in rate of decline but still declining at 73% + brain bleeding + accelerated brain shrinkage.
So simple yet don't understand. GB is a very long-term share. They keep expanding to grow. To expand, they need to use alot of money. So, they take it from profits to reinvest. And/or take big loans or whatever ways.
By doing this, and with big loans & interests repayments, there is not much profits left.
Also highest CEO pay (over RM 100+ MILLION)
How you expect high cap appreciation ? How you expect high dividends ?
Many stks offer much higher cap appreciation Many stks offer much higher dividends
Only saving grace is Taurx. So, wait till Taurx successful or else Sell or don't Buy GB.
Genting is forming a nice flag pattern preceding a break out...but come Monday ex-Dividend it's gonna correct by that 6 cents, then we see how it goes from there, not bad la
Genting ROE had declined from its peak of 16% in 2011 to breakeven last year. The stock price direction had followed suit. Sure its gaming business has been affected by Covid-19. But it also has plantation and other businesses. Its performance will eventually recover as these are not sunset sectors and are not facing digital disruption.
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....
RISK8888
2,232 posts
Posted by RISK8888 > 2023-09-06 08:42 | Report Abuse
Ex-divd keep diving? Possible go below 4? Budget coming , maybe govt got bad news for them. PH always like to bully Genting. When first elected during 2018. PH immediately hit Genting with gaming tax.