A Very Happy & Merry Christmas and, A Very Happy & Huat Chai New Year PLUS A Very Very Happy, Prosperous, Bountiful and Beautiful Chinese New Year to all believers here. HUATTTTTTTTT AAAHHHHHHHH and YAMMMMMM SENGGGGGGGGGG!!!!!!!!!!!!!!
We are all waiting for long overdue uplift. Some folks here say what a recovery from 403 to now….but the price should not have gone to 403 in the first place measured against any metrics and forward outlook….which makes me wonder what sort of shareholders in play. The foreign institutional investors have small allocation to Malaysia ..and they are proper medium to longterm investors. In Malaysia we don’t have sufficient stats…if you go through local institution holdings the insurers funds under management but have small amounts allocated to Genting.
I was lucky enough to sell out of GENTING stock at a price of rm7.02 in year 2019 before the Empire Resort acquisition. I'm not sure or don't know if the time has come for me to collect back at least 1/3 of my disposed GENTING stock, previously.
Why does GENTING continues to acquire the Empire Resort stakes of Kien Huat Realty Sdn Bhd (KHR) from its owner Tan Sri Lim Kok Thay ? What is the benefit for GENTING shareholders ! If you don't know, Empire Resort is expected to remain loss-making for the next five years, according to CGS-CIMB Research.
Charlie Munger had instilled in Warren Buffett, "Buy a wonderful business at a fair price, not a fair business at a wonderful price". So, my question to enquire;- Is GENTING a wonderful business entity that has a fair stock price now?
World markets r reveling and celebrating Xmas joy much earlier tis year than usual. I expect New Year 2024 and ushering in of CNY of Wood Dragon in Feb 2024 w b celebrated most joyous and happily tis time around after wat we’ve gone through in recent years. I’m looking forward to a most happy, healthy and prosperous New Year 2024. I hope it brings many good blessings with lots of abundance to everyone.
World market bull run in d making and, it has BEGUN quite right abt now Volatility is on a declining trend in recent months running up to Dec 2023. Let d party begin.
Dow Jones went up 520 points. I do agree that this is the beginning of a bull run. 1st December 2023 is the start of the free visa for China and India tourists. Let the Genting casino be full of gamblers.
Singapore’s billionaires increase wealth by almost a third in 2023: UBS
Billionaires surveyed within the region were also noted to have a “home bias”, as 50 per cent said they viewed Apac as the greatest opportunity for returns over the next 12 months. Lai.. lai ...buy GenB and GenM.
US, U.K., Europe all have a strong rally…here nothing much, HK hits 13 month low….Asian markets are followers and are not the catalyst …let’s see where Genting heads with its strange shareholders and suspect governance
Should be a fund manager bought up 5.37 millions shares at RM4.68 from 4:45 pm to 4:50 pm = RM25.1 millions on 30 November 2023. What this fund manager will do with this huge purchase?
Hope Genting can perform like SCIB (consecutive 42 days up but money losing company), HARNLEN (consecutive 32 days up but money losing company) and JSB (consecutive 48 days up but money losing company).
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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....
Michael_chan2022
3,349 posts
Posted by Michael_chan2022 > 2023-11-29 19:31 | Report Abuse
https://youtu.be/7wwQkZ78KTs?si=8bTl3uHTUUWyO_F9
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