Posted by Michael_chan2022 > 2024-01-05 13:13 | Report Abuse

Malaysia to submit new high-speed rail proposal to S’pore after discussion: Anwar
https://www.straitstimes.com/asia/se-asia/malaysia-to-submit-new-high-speed-rail-proposal-to-s-pore-after-discussion-anwar

The high-speed rail (HSR) line between Malaysia and Singapore is still under discussion, says Datuk Seri Anwar Ibrahim.

People goreng YTL could be the HSR news... may has announcement next week.. Sell on news???

Posted by Michael_chan2022 > 2024-01-05 13:24 | Report Abuse

HLIB research kept its "Overweight" stance on the gaming sector, as it anticipate several positive developments including (i) global restoration of flight capacity and continuous easing airfares, (ii) boost in Chinese tourist arrivals for both Genting Malaysia and Genting Singapore following the visa-free travel pact between China and both Malaysia and Singapore, as well as (iii) more stable operational landscape

Posted by Michael_chan2022 > 2024-01-05 13:25 | Report Abuse

Its preferred pick for the sector is Genting Bhd (Buy, target price: RM6.96), to capitalise on the recovery momentum of both Genting Singapore and Genting Malaysia.

Posted by Gnanasong > 2024-01-05 14:21 | Report Abuse

It will move above its NTA value (RM8.69) if willing to keep it for long run

Posted by Michael_chan2022 > 2024-01-05 14:26 | Report Abuse

👍

Posted by Michael_chan2022 > 2024-01-05 14:32 | Report Abuse

GenB will rise above Maybank's level for us ...to consider switching to Maybank

Posted by Michael_chan2022 > 2024-01-05 15:14 | Report Abuse

GenM.. the next YTL

Posted by Save > 2024-01-05 15:25 | Report Abuse

Technically KLCI broken out from bullish flag yesterday, GENM broken out from bullish flag today, awaiting Genting to follow.......(Optimistic with bullish flag pattern to be formed. )

Posted by Michael_chan2022 > 2024-01-05 15:28 | Report Abuse

👍

Posted by ChloeTai > 2024-01-05 15:52 | Report Abuse

Still a long time to wait. Fourth quarter results in end of February. Hoooold

Posted by ChloeTai > 2024-01-05 16:03 | Report Abuse

https://www.bursamalaysia.com/misc/missftp/sblnt/NetShortPosition20240104.pdf?t=1704441626
Genting is not in the net short position. Good.

Posted by ChloeTai > 2024-01-05 16:07 | Report Abuse

https://www.bursamalaysia.com/misc/missftp/securities/securities_equities_rss_2024-01-04.pdf?t=1704441626
Jualan Singkat Dikawal Selia
Also no Genting. Good.

Posted by ChloeTai > 2024-01-05 16:12 | Report Abuse

https://www.bursamalaysia.com/misc/missftp/sblnt/NetShortPosition20240104.pdf?t=1704441626
But GENM got net short position with a volume of 14,537,300.

Posted by dragon328 > 2024-01-05 17:12 | Report Abuse

So good to see that Genting still managed to close higher than previous high of 4.71, despite the price of Genting Singapore lingering around SGD1.00.

Is some good news coming or foreign funds coming in?

Posted by Riaz1954 > 2024-01-05 17:17 | Report Abuse

We are looking for excuses and rationale for Genting not doing well and conditions that will help the share price. Quite frankly so many positives have already happened and still the share price actually reversed from depth of CONDITIONS that were very bad. So there is no logic for lack of performance other than major shareholder, governance and lack marketing of the company….we expect CEO to be more active selling the company to shareholders unless you own 44 % of shares so no incentive what so ever. This is is an issue. I am big investor in the shares but patience after 2 years is running thin. In Developed markets proactive companies share Capital Markets day when they explain the actions being taken to the shareholders and market.

Posted by ChloeTai > 2024-01-05 17:32 | Report Abuse

https://www.bursamalaysia.com/bm/market_information/market_statistic/securities
Foreign funds and local institutional funds are net buyers. Local retailers are net seller. Good. Just 12 points away for KLCI to break 1,500 points.

Posted by Riaz1954 > 2024-01-05 17:40 | Report Abuse

Let’s be clear foreign investment has very little impact on share price …. M OST of the telling trades are local. Foreign asset allocation is low other than historical investment. Foreign investors have high threshold for governance which is a concern….when ceo earns more than CEO of Rolls Royce very complex aeronautical engineering company.

Posted by DestinyL > 2024-01-05 19:01 | Report Abuse

Geez, please get the facts right that foreign investment has very (you even added VERY) little impact on share price

Posted by Michael_chan2022 > 2024-01-05 21:20 | Report Abuse

Hong Leong Investment Bank (HLIB) said in a note that the stock market’s bullish momentum is likely to drive the KLCI higher amid optimism on the government’s continuous reforms and execution of the macro blueprints launched in 2023 would bring the country’s economy and balance sheet back on stronger footing.

“Following the strong breakout above our envisaged 1,465-1,471 hurdle, we expect the FBM KLCI to march to the 1,494-1,502 level next,” it said.

Very bullish for Genting..

Posted by Michael_chan2022 > 2024-01-05 21:28 | Report Abuse

https://theedgemalaysia.com/node/696400


Foreign buying boosts trades on Bursa to 13-month high, say market watchers

Posted by ChloeTai > 2024-01-06 07:22 | Report Abuse

GENTING, Please flýyyyyyyyyyyyy.😀

Posted by Riaz1954 > 2024-01-06 11:29 | Report Abuse

General market can be up…but for Genting it means nothing sadly. Unless we have a major catalyst it will crawl,up and down. Let’s see what happens running up to full year results

Posted by Michael_chan2022 > 2024-01-06 11:59 | Report Abuse

Steady, pom pi pi...

Posted by Michael_chan2022 > 2024-01-06 12:00 | Report Abuse

Copy and paste from the Star newspaper:
Genting Malaysia is our top large-cap pick in anticipation of a strong earnings turnaround.

The street is optimistic, forecasting profits to double in the coming year, which is one of the strongest amongst the benchmark FBM KLCI constituents.

In Malaysia, Genting Highlands is a prime beneficiary of an expected surge in tourist arrivals, on the back of the visa relaxation policy.

Posted by Michael_chan2022 > 2024-01-06 12:01 | Report Abuse

The Malaysian hilltop has undergone a massive makeover, and the refreshed offering we see today stands on par with other global entertainment parks, making it highly attractive to international visitors. In the United States, Genting Malaysia has been touted as one of the frontrunners to secure a full-scale gaming license in New York, one of the wealthiest cities in the world.

After years of under-performance, investor's position and expectation for the stock is low.

The series of negative events which impacted the company are behind us.

Once a darling among foreign investors, Genting Malaysia is posed to benefit from a resurgence in foreign inflows.

Its explosive earnings growth coupled with an attractive 6% dividend yield would certainly draw the attention of investors.

Posted by Michael_chan2022 > 2024-01-06 12:03 | Report Abuse

https://youtu.be/AXfjpjSJZKA

Sifu said.. accumulate and
hold tight... 我们要發達嘛!

Posted by Michael_chan2022 > 2024-01-06 12:04 | Report Abuse

堅持了两年，
堅持的人会改变命运，
大家一起一路發。。Huat ahhh!

Posted by Peaches L > 2024-01-06 12:37 | Report Abuse

@Riaz1954, by d time we hear abt d catalyst only to buy-in, tht w b too late to catch it. Unless u hv a horse mouth, then tht’s different lah… 😆

Posted by Michael_chan2022 > 2024-01-06 12:45 | Report Abuse

什么時候賣？
有两个情形，我就会賣

一个是太高了，离谱了，不值得了。

第二呢，它坏了，不賺了，不会成長了。

Posted by keyman > 2024-01-06 12:54 | Report Abuse

Want to huat, drink Ah Huat white coffee 🤭

Posted by Bursino > 2024-01-06 13:07 | Report Abuse

And buy PWROOT lor.

Posted by keyman > 2024-01-06 13:16 | Report Abuse

@michael sorry for asking. Sifu, are you holding a lot?
Another sifu Pang72 seems sold all already. He has abandoned us. 😰

Posted by keyman > 2024-01-06 13:22 | Report Abuse

@bursino I drink Ah Huat. Not huat yet but get stomachache.

Posted by Michael_chan2022 > 2024-01-06 13:40 | Report Abuse

@keyman, 60% of my holdings are in GenB, representing a significant investment in GenB. Just follow your heart..have faith in yourself

Posted by keyman > 2024-01-06 13:56 | Report Abuse

Everyone now prefer both ytl, ytlp. I am the one given it up in the early stage and joined here. What a silly boy.

Posted by Michael_chan2022 > 2024-01-06 15:22 | Report Abuse

It's okay.
YTL, YTLp..? Many could have sold two months ago. 😪

It's just the beginning... enjoy your investment journey.

Posted by Michael_chan2022 > 2024-01-06 15:28 | Report Abuse

What is rule #1 in investing according to Warren Buffett?
Rule 1: Never lose money.

By following this rule, he has been able to minimize his losses and maximize his returns over time. He emphasizes this so much that he often says, “Rule number 2 is never forget rule number 1".

Posted by Michael_chan2022 > 2024-01-06 15:31 | Report Abuse

As long as i bought it cheap... at low price, one thing I know for sure is that I won't lose money.. 😀

Posted by Michael_chan2022 > 2024-01-06 15:35 | Report Abuse

買的便宜，才能抱得緊
不講了... 很多人見笑了。

Posted by keyman > 2024-01-06 17:21 | Report Abuse

@ micheal yup you are right. Thanks for your sharings dear my sifu. 🙏👍

Posted by keyman > 2024-01-06 17:25 | Report Abuse

相互扶持，笑到最后。赢家就是you and me. hehehe.😜

Posted by jackjason > 2024-01-06 18:00 | Report Abuse

不喜欢林国泰对genting在公和在私的行为。
在公事上拿着超高的薪金。在私事上又用genting帮忙他的私人家🐖公司。

Posted by DestinyL > 2024-01-06 21:21 | Report Abuse

Nobody makes the right call every time and that's a fact
For now, my TP of 4.80 likely can match
Expecting it to shatter the RM5 threshold by end Feb

Posted by ChloeTai > 2024-01-06 21:32 | Report Abuse

I sold my YTLPOWER and KGB already. Now 90% of my investment in Genting Berhad only. 10% still in cash.

Posted by ChloeTai > 2024-01-06 21:36 | Report Abuse

Genting Berhad volume is still low as compared to GENM. Hopefully foreign funds will buy Genting Berhad. Hopefully also our KLCI will break 1,500 points. I watch every moment of its share price movement. It still looks very shaky and unstable.

Posted by Michael_chan2022 > 2024-01-06 21:59 | Report Abuse

DestinyL is excellent...he truly is our sifus here. 👍

Posted by keyman > 2024-01-06 22:07 | Report Abuse

No argument. All here are either gurus or sifus. Only me myself a newbie.
Say hi, sifus to all of you. 😉
Give all of you a big thumb👍

Posted by keyman > 2024-01-06 22:11 | Report Abuse

No humble but just tell the truth. 👍

Posted by Michael_chan2022 > 2024-01-06 22:23 | Report Abuse

👍

Posted by RISK8888 > 2024-01-07 10:47 | Report Abuse

Dubai Move alert. Change government again. All momentum gone! So bad.