Posted by neohts > 2023-11-02 09:44 | Report Abuse

https://agbrief.com/news/singapore/02/11/2023/resorts-world-sentosa-to-get-700-new-hotel-rooms-21k-in-retail-space-report/

Resorts World Sentosa to get 700 new hotel rooms, 21k in retail space: report
A subsidiary of Genting Singapore has been granted provisional approval to develop some 700 hotel rooms and over 21,000 square meters in retail space at Resorts World Sentosa.
The expansion is believed to be part of the company’s S$4.5 billion ($3.3 billion) pledge to further develop the RWS resort.

According to the Straits Times, the Urban Redevelopment Authority was the government body responsible for granting the authorization to the Genting subsidiary.

Currently, there are some five hotels providing 1,600 rooms at Resorts World Sentosa.

The property is expecting strong growth coming out of the pandemic, with Sentosa Development Corporation estimating the island resort will hit pre-pandemic numbers in “one to two years”.
Genting Singapore posted an 86 percent increase in profit in 2022, at $258.32 million, due to strong results by Resorts World Sentosa.

Posted by OnTime > 2023-11-02 17:59 | Report Abuse

maybe today is the beginning of an uptrend

Posted by Nepo > 2023-11-02 20:31 | Report Abuse

https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E6%89%A9%E5%B1%95%E5%9C%A3%E6%B7%98%E6%B2%99%E5%BA%A6%E5%81%87%E6%9D%91-%E4%BA%91%E9%A1%B6%E6%96%B0%E5%8A%A0%E5%9D%A1%E6%8A%93%E7%B4%A7%E5%95%86%E6%9C%BA

Posted by MoneyMakers > 2023-11-02 20:31 | Report Abuse

FED hike finish - dont miss chance collect cheap

Very good sign if can close strong green tomorrow

Posted by choysun > 2023-11-03 07:25 | Report Abuse

All aboard. Choo choo. :)

Posted by Michael_chan2022 > 2023-11-03 07:29 | Report Abuse

Former Malaysia PM Mahathir advocates currency peg with ringgit lowest since crisis

https://www.straitstimes.com/business/former-malaysia-pm-mahathir-advocates-currency-peg-with-ringgit-lowest-since-crisis

Need to carefully consider the de-risking of the currency peg

Posted by Michael_chan2022 > 2023-11-03 11:31 | Report Abuse

CHEONG Up back to 450 and beyond..

Posted by Michael_chan2022 > 2023-11-03 11:34 | Report Abuse

Should not lose face mah...dont let the shortist call the shot!

Posted by Michael_chan2022 > 2023-11-03 11:35 | Report Abuse

Genting back in the driver seat..

Posted by MoneyMakers > 2023-11-03 11:59 | Report Abuse

Beautiful morning rally - 1st time end week ‘no laosai’

Seems alrdy bottom - QR/yr end rally incoming

P/s: tq papa Powell ‘surprise’ finish rate hike

Posted by choysun > 2023-11-03 16:44 | Report Abuse

To infinity and beyond :)

Posted by Michael_chan2022 > 2023-11-03 17:13 | Report Abuse

wow! Good closing..horsay liao

Posted by Michael_chan2022 > 2023-11-03 17:18 | Report Abuse

Today shortists kena squeeze... Covering back at higher price

Pinky ..still waiting at 380 😀

Posted by neohts > 2023-11-03 18:11 | Report Abuse

Any news ?

Posted by OnTime > 2023-11-03 18:17 | Report Abuse

hopefully taurx's imminent approval?

Posted by choysun > 2023-11-04 08:19 | Report Abuse

FF also coming back. 2 days net buy dy.

Posted by Michael_chan2022 > 2023-11-04 10:39 | Report Abuse

All onboard the Genting cruise.. Cheers! 🍻

Posted by Michael_chan2022 > 2023-11-04 10:43 | Report Abuse

Enjoy the ride up!
as market cycle down...it must cycle up again

Posted by Michael_chan2022 > 2023-11-04 10:46 | Report Abuse

As usual, the bear will try to trap the bull, and now the bull (we) will try to trap the 🐻 ... 😀

Posted by Michael_chan2022 > 2023-11-04 10:52 | Report Abuse

With the rapid return of the tourists, the worst is over for GenB

Posted by MagicalBobby > 2023-11-04 10:55 | Report Abuse

What tourists???

Posted by OnTime > 2023-11-04 11:53 | Report Abuse

genting's transformation and revival has just started!

Posted by Michael_chan2022 > 2023-11-04 13:14 | Report Abuse

More companies in Asia, including S’pore, headed for bankruptcy and restructuring

https://www.straitstimes.com/business/more-companies-in-asia-including-s-pore-headed-for-bankruptcy-and-restructuring

Persistently high interest rates are putting stress on corporate balance sheets and leaving increasing numbers of firms here and across the region at risk of bankruptcy, according to a new report and experts...

Posted by Michael_chan2022 > 2023-11-04 13:15 | Report Abuse

Lai..lai, buy GenB

Posted by Michael_chan2022 > 2023-11-04 13:22 | Report Abuse

Most banks are technically near insolvency, and hundreds are already fully insolvent,’ Roubini says..

Posted by Michael_chan2022 > 2023-11-04 17:45 | Report Abuse

https://www.theedgesingapore.com/capital/right-timing/straits-times-index-rebounds-oversold-low-treasury-yields-could-lose-momentum

Some economists believe that the Federal Reserve (FR) is likely to raise the Fed Funds Rate (FFR) one more time this year, during the December Federal Open Market Committee meeting.

Equally, other economists have the view that there will be no
more rate hikes this year, with either stable rates in 2024, or possibly a cut by 2H2024.

The prospect of a cut in 2H2024 sounds unlikely as market behaviour isn’t pointing to the extreme dovish outlook currently. Instead, the path is likely to be somewhere in the middle with possibly no more rate hikes, but with the likelihood of rate cuts a low probability..

Posted by Michael_chan2022 > 2023-11-04 17:51 | Report Abuse

So..., how is the decision of the FR affects the bond market and the flow of fund between the equity and bond market arrr?
Eg. Even if the FR increases the interest rate at the next sitting, the bond market may not move its needle 😄 ... as this will signal the end of the interest rate hike cycle.

Posted by Michael_chan2022 > 2023-11-04 17:55 | Report Abuse

The next Federal Open Market Committee (FOMC) meeting will be held on 12-13 Dec 2023. This is one of the key dates that investors, economists, and policymakers mark on their calendars Many experts expect the Fed to hold rates steady at a target of 5.25%-5.50%.

Posted by Michael_chan2022 > 2023-11-04 18:09 | Report Abuse

https://www.cnbc.com/2023/11/01/fed-meeting-today-live-updates-on-november-fed-rate-decision.html

Fed leaves rates unchanged, Powell discusses December decision

Powell said, inflation is strong with oil price above 90...
there is no way to cut rates

Posted by OnTime > 2023-11-04 18:24 | Report Abuse

election is next yr and politics will strongly influence his decision (the fed is not independent by any mean). signs r pointing to a slow down in the economy so more than likely he'll cut rates next yr. boom time ahead for the mkt!

Posted by Michael_chan2022 > 2023-11-04 18:45 | Report Abuse

👏👏👏

Posted by MoneyMakers > 2023-11-05 11:49 | Report Abuse

Market orig expect (price in) Fed hike rates Dec but Wedn meeting basically imply ‘hike finish’ this yr

So bond yields drop (adjustment no more rate hike) - stocks/bursa/rm fly

Dont even try guess what happen nxt yr - every week/month got new info change market expectations

Posted by Michael_chan2022 > 2023-11-05 11:53 | Report Abuse

Bagus 👏👏

Posted by Michael_chan2022 > 2023-11-05 12:02 | Report Abuse

Higher Rate Regime Not Fully Priced In: BlackRock…:
https://youtu.be/QroD6ZJP320

Posted by Michael_chan2022 > 2023-11-05 12:06 | Report Abuse

https://www.businessinsider.com/recession-us-economic-outlook-bill-gross-bond-king-job-market-2023-11


'Bond King' Bill Gross says the US economy headed for a recession as more indicators flash in the 4th quarter

US consumers are falling behind on auto payments. That could be an omen for the US economy, "Bond King" Bill Gross said. REUTERS/Jim Young

The US could be sinking into a recession by the fourth quarter, Bill Gross said.

Posted by Michael_chan2022 > 2023-11-05 12:10 | Report Abuse

https://www.fool.co.uk/2023/11/04/is-now-a-good-or-bad-time-to-invest-in-the-stock-market/
Is now a good or bad time to invest in the stock market?
It’s never easy to work out if it’s a good time to invest in the stock market. But Edward Sheldon’s rule-of-thumb calculation suggests it is.

Posted by Michael_chan2022 > 2023-11-05 12:17 | Report Abuse

https://www.channelnewsasia.com/watch/money-mind-2023-2024/reits-repositioning-3882346?cid=internal_sharetool_androidphone_05112023_cna


Money Mind 2023/2024 - REITS Repositioning?

Posted by OnTime > 2023-11-05 12:57 | Report Abuse

recession --> rate cut --> both stock and bond up --> happiness!

Posted by Michael_chan2022 > 2023-11-05 13:29 | Report Abuse

Until the Fed start cutting the interest rates, you won’t be able to call a definitive bottom... but for Genting..., maybe 🤔

Hope the upcoming q3 report is good 👍

Posted by Michael_chan2022 > 2023-11-05 13:32 | Report Abuse

And when the Fed starts cutting interest rates, you still need to ask ...
- if we are going to have a recession, and
- it also depends on how fast they ✂️ the interest rate.

Posted by MoneyMakers > 2023-11-05 14:07 | Report Abuse

Nowhere near recession (US Q3 gdp growth 4.9%)

Dont dream rate cut anytime soon - likely more rate hike nxt yr if continue ‘hot’ economy

4 now just enjoy QR/yr end rally (no more rate hike this yr)

Posted by Michael_chan2022 > 2023-11-05 14:11 | Report Abuse

Bagus

Posted by choysun > 2023-11-06 11:36 | Report Abuse

Why forum so quiet today? Busy shopping ah? :p

Posted by lamkin > 2023-11-06 12:40 | Report Abuse

I hope nobody cut loss at price below 4.1

Posted by choysun > 2023-11-06 15:30 | Report Abuse

About to fly?

Posted by MoneyMakers > 2023-11-06 16:56 | Report Abuse

Ding3 4.24 another beautiful rally

FF alrdy buy rm300Mil past 2days - today heavy buy again (FF comeback)

FF always love GenT

Posted by newbie2019 > 2023-11-07 06:45 | Report Abuse

450 dulu then baru ada chance naik lagi

Posted by choysun > 2023-11-07 11:52 | Report Abuse

Profit taking done. Let's go up? :)

Posted by RISK8888 > 2023-11-07 12:01 | Report Abuse

steady man, longterm investment. wait till CNY, sure got big Angpow for u

Posted by TheProInvestor > 2023-11-07 12:08 | Report Abuse

anybody get trap at 4.24? please push it up, let me earn money