'The war on inflation is over': Famed economist Paul Krugman just declared victory on white-hot inflation — and says we won at 'very little cost.' But here's what he left out of the math
ATK, most of my Dundee position is in the pref shares (10% yield plus 70 capital gain of the past 5 yrs). Any views on timing of TauRx regulatory conclusions?
Haha... preference shares doing very well. Wait for the next Taurx AGM then see what they say officially. The usual Regent hotel venue under upgrading hence will be held at another hotel venue. These days they even forbid photo taking of presentation slides everything presented during AGM is P&C.
The price of Singapore REITs keeps plummeting.., many are hitting a... new low today. It means Ang mohs rate hikes at the end of this month sudah confirmed
Posted by ????????? > | Report Abuse Gamblers in Casino de Bursa dont survive long - invest responsibly in good fundamental biz Have no doubt GenT shares recover by nxt QR/div -----------------------
Guess who posted these ah??? Really a roti prata seller hahaha...
Singapore’s visitor arrivals slip to 1.13 million in September, continuing downward trend
September’s reading was a notch down from the 1.31 million recorded in August, based on data released by the Singapore Tourism Board on Wednesday (Oct 18).
Las Vegas Sands will buy back US$2 billion worth of its own shares between now and the end of 2025 as it looks to capitalize on a combination of its strong balance sheet and a share price yet to recover from the COVID-19 pandemic.
Outlining the company’s plans during its 3Q23 earnings call on Thursday morning (Asia time), LVS President and COO Patrick Dumont said he saw share repurchases as adding greater value for shareholders in the short term than dividend payments
RHB Research, in a note dated June 13, had said that favorable trial results may pave the way for potential mergers and acquisitions interest on TauRx, giving Genting an early opportunity to monetise.
TauRx could contribute RM1.3 billion to RM4.3 billion to Genting’s earnings in the financial year ending Dec 31, 2024 (FY24) to FY26, assuming a 10% net margin, the research house said.
“It could also fetch an upside of RM3.47-13.88/share based on 10x P/E (c.35% discount to peers’ average) on our base and bull cases for FY24F earnings, which translates to hypothetical TPs (target prices) of MYR9.84-20.25 for Genting,” said RHB.
FI keep selling GenB recently and all taken by Retailer while LI dont hold must GenB due to ESG and Shariah-compliant. So, this is the money game between FI and Retailer. GenB fundamental is ok and on the recovery path but Forex is the problem recently. As long as the outlook of rm is getting weaken FI need to cash out more. Retailer dont push out the price as FI do. In sum, the price will go up only until FI return.
Those who had bought Genting when it dipped below RM3 in 2020 and held until today have seen their gains wiped out by over 50%. Very different story for Maybank investors who had bought Maybank at below RM7 in 2020 and still hold on to their shares.
Genting's expansion depletes its profits. Borrowings & interest charges ballooning. All its investments are accounted for. Nothing to shout about.
GB won't go far. Its price range is abt + - 5 to 10% at MAX. That's abt 20c - 40c only if you can catch it. Then need to deduct commission chgs, etc. Slim profit margin unless you get 10%.
Only way out is for its jewel in crown to jump. Taurx is its ONLY triumph card. ONLY Taurx may trigger a price hike & spike.
Avenues available for Resorts World Genting to offset 2% service tax increase, says Maybank IB
KUALA LUMPUR (Oct 20): Genting Malaysia Bhd (GenM) can employ several measures to minimise the negative impact from the two percentage point (ppt) service tax rate hike proposed in Budget 2024, according to Maybank IB Research.
Hidden bad debts worrying for Chinese banks, as the sector’s finance is already in a mess, according to The Economist.
It said local governments are struggling to repay lenders at least 65 trillion yuan (RM42.8 trillion) in off-balance-sheet debts.
It said many of the country’s big property developers have already defaulted on offshore bonds and owe trillions of yuan-worth of unbuilt homes to local residents.
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....
AngTayKor
3,098 posts
Posted by AngTayKor > 2023-10-17 19:57 | Report Abuse
Posted by 1invest1 > 55 minutes ago | Report Abuse
@ATK is A Trading King
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This stock market thing.... always be a humble student of the market. Once cocky, very easy lose money. Never play machoman with the stock market.