Posted by ChloeTai > 2024-01-07 15:03 | Report Abuse

Looking at the performance of index linked counters, Genting Berhad is the only one not yet move up. It is still in sideway movement. This is a safest index linked counter to buy.

Posted by choysun > 2024-01-07 15:37 | Report Abuse

Hmm, GenS wants to go for Thai license as well.

Posted by wendy76 > 2024-01-07 17:11 | Report Abuse

yes... https://theedgemalaysia.com/node/696471

Posted by newbie2019 > 2024-01-07 21:19 | Report Abuse

ok…. next 4.9-5.0

Posted by Michael_chan2022 > 2024-01-07 21:59 | Report Abuse

https://www.klsescreener.com/v2/news/view/1258723/%E6%94%B9%E9%9D%A9%E5%BC%80%E8%B7%91-%E6%96%99%E7%A0%B41600%E7%82%B9-%E7%9C%8B%E5%A5%BD%E4%BB%8A%E5%B9%B4%E9%A9%AC%E8%82%A1%E5%8F%8D%E5%BC%B9


改革开跑·料破1600点 看好今年马股反弹

MAYBANK 馬銀行投行2024首选买入股

云頂 TP目标价: 5.49

分析员认为，投资者若要更简单地从令吉兑美元汇率走势中获利，云顶（GENTING，3182，主板消费股）或许是个选择。

“根据我们在上个10年的观察，云顶股票的估值和令吉兑美元汇率有强力的相关性，原因是外资持有的该公司股权较多。”

他补充，每当令吉升值，外国投资者倾向于买进云顶，反之亦然。


CIMB 联昌国际投行2024首选买入股

云頂大馬, TP 目标价: 4.00

Posted by Michael_chan2022 > 2024-01-07 22:02 | Report Abuse

Don't chase YTL, YTLp... Lai.. lai buy GenB

Posted by Michael_chan2022 > 2024-01-07 22:18 | Report Abuse

3家投行2024 年抄綜指目标

CIMB 联昌国际投行 1755
MAYBANK 馬銀行投行 1610
RH Bank 兴业投行 1600

Posted by ChloeTai > 2024-01-08 07:01 | Report Abuse

GENTING BERHAD , pleeeeeeeeeeeeeas go up. 1, 2, 3, 4 or 5 sen also good enough already. Your son GENM has gone up already with high volume.

Posted by ChloeTai > 2024-01-08 07:09 | Report Abuse

If today KLCI break 1,500 today (8.1.2024) and Genting Berhad is still flat or red, it is very depress.

Posted by Michael_chan2022 > 2024-01-08 07:38 | Report Abuse

https://www.sinchew.com.my/?p=5262736



倪可敏：拟2026推旅游年
放眼3500万游客观光

房屋和地方政府部长倪可敏表示，政府计划2026年推动大马旅游年，放眼吸引3500万名游客前来观光，预计至少带来1000亿令吉的收入。

Posted by StartOfTheBull > 2024-01-08 08:04 | Report Abuse

Covid-19 cases dropped, bullish sentiment for tourism industries is back.

Posted by neohts > 2024-01-08 08:13 | Report Abuse

https://theedgemalaysia.com/node/696471

Genting Singapore may bid for Thailand casino — Maybank IB

Posted by ChloeTai > 2024-01-08 08:34 | Report Abuse

Michael_chan2022

https://www.sinchew.com.my/?p=5262736



倪可敏：拟2026推旅游年
放眼3500万游客观光

房屋和地方政府部长倪可敏表示，政府计划2026年推动大马旅游年，放眼吸引3500万名游客前来观光，预计至少带来1000亿令吉的收入。

Translation: Nga Ko Ming: Planning to launch tourism year in 2026
Looking at 35 million tourists for sightseeing

Housing and Local Government Minister Nga Ko Ming said that the government plans to promote the Visit Malaysia Year in 2026, aiming to attract 35 million tourists to visit, which is expected to bring in at least RM100 billion in revenue.

Posted by ChloeTai > 2024-01-08 08:43 | Report Abuse

Michael_chan2022
Translation:
改革开跑·料破1600点 看好今年马股反弹
Reform is underway, expected to break 1,600 points, optimistic about the rebound of the Malaysian stock market this year.
报道：林迪陞

对比前几年的大起大落，马股在2023年可谓波澜不惊，全年仅跌2.73%，从2022年底闭市的1495.49点，降至2023年封关时的1454.66点。

虽然这是马股连续三年下滑，但轻微的跌幅，显示马股走势或许已渡过了谷底阶段并蓄势反弹。

在美联储预计结束升息，甚至可能降息，加上各种国内改革政策全面开跑的有利环境下，各家投行也普遍看好马股，在2024年开始反弹。

其中，联昌国际投行就对今年的马股走势极有信心，甚至把年杪综指目标，设在仍相当遥远的1755点。

至于马银行投行与兴业投行，虽然没有联昌国际投行那般乐观，但也看好马股可在年杪至少上探1600点。

Report: Lin Disheng

Compared with the ups and downs in previous years, the Malaysian stock market has been calm in 2023, falling only 2.73% throughout the year, from 1495.49 points when the market closed at the end of 2022 to 1454.66 points when the market closed in 2023.

Although this is the third consecutive year of decline for the Malaysian stock market, the slight decline shows that the Malaysian stock market may have passed the bottom stage and is poised to rebound.

With the Federal Reserve expected to end interest rate hikes and possibly even cut interest rates, and with various domestic reform policies in full swing, various investment banks are generally optimistic about the Malaysian stock market, which will begin to rebound in 2024.

Among them, CIMB Investment Bank is extremely confident about the trend of the Malaysian stock market this year, and even set the KLCI target at the end of the year at 1,755 points, which is still quite far away.

As for Maybank Investment Bank and RHB Investment Bank, although they are not as optimistic as CIMB Investment Bank, they are also optimistic that the Bursa Malaysia stock market can reach at least 1,600 points by the end of the year.

Posted by neohts > 2024-01-08 08:47 | Report Abuse

https://www.thestar.com.my/business/business-news/2024/01/08/outperforming-------------------------the-fbm-klci-wager

PETALING JAYA: The gaming sector is expected to enter the new year on a positive note with several domestic and external catalysts to spur growth.

UOB Kay Hian Research, which maintained an “overweight” call on the sector, said the gaming stocks would likely outperform the FBM KLCI this year on the back of positive developments including generous dividend yields, Genting Malaysia Bhd’s (GenM) good chances of winning a full-fledged casino licence in downstate New York, and potential progress of Genting Bhd’s TauRx Pharmaceuticals.

TauRX coming soon....watch up
TP : RM8.00

Posted by ChloeTai > 2024-01-08 09:13 | Report Abuse

Genting Berhad: Gooooooooooooooooooooooooooooooooooooooooooooooooo
Foreign Funds: Buyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy
Local Institutional Funds: Puuuuuuuuuuuuuuuuuuuuuuuuuuuuump
Local retailers: Chaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaesd

Posted by Michael_chan2022 > 2024-01-08 09:16 | Report Abuse

Go go GenB

Posted by Michael_chan2022 > 2024-01-08 09:18 | Report Abuse

Don't chase YTL power... I am waiting to buy at 270/ 280

Posted by troy88 > 2024-01-08 09:21 | Report Abuse

Congrats! Good comeback

Posted by Dragonboy > 2024-01-08 09:22 | Report Abuse

Visitor arrivals to Resorts World Genting may fully recover in 2024, says Maybank IB

https://theedgemalaysia.com/node/696499

Posted by newbie2019 > 2024-01-08 09:33 | Report Abuse

nice…. testing 5 soon

Posted by DestinyL > 2024-01-08 09:49 | Report Abuse

Steady dragon

Posted by Michael_chan2022 > 2024-01-08 09:55 | Report Abuse

Yes, Dragon is excellent too. Good to see all these experts here.

Posted by Michael_chan2022 > 2024-01-08 09:59 | Report Abuse

I do not expect ytl to ascend in a straight line from here on... too risky to buy now 😬

Posted by Michael_chan2022 > 2024-01-08 10:00 | Report Abuse

Lai lai buy GenB and GenM

Posted by gladiator > 2024-01-08 10:08 | Report Abuse

Genting is the next YTL and just started to go up. Should hold for one year.

Posted by ChloeTai > 2024-01-08 10:20 | Report Abuse

https://www.bursamalaysia.com/bm/market_information/market_statistic/securities
Based on 5.1.24 trading, foreign fund is net buyer. Both local institutional fund and local retailers are net seller. Not too good on last Friday.

Posted by ChloeTai > 2024-01-08 10:26 | Report Abuse

https://www.bursamalaysia.com/misc/missftp/sblnt/NetShortPosition20240105.pdf?t=1704680194
I could not detect both GENTING and GENM in net short position. Last Friday good.

Posted by ChloeTai > 2024-01-08 10:33 | Report Abuse

YTLPOWER continues with its rally. Still go up by 11 sens.

Posted by neohts > 2024-01-08 10:39 | Report Abuse

https://www.thestar.com.my/business/business-news/2024/01/08/outperforming-------------------------the-fbm-klci-wager

potential progress of Genting Bhd’s TauRx Pharmaceuticals.

https://theedgemalaysia.com/node/696471

Genting Singapore may bid for Thailand casino

Posted by Riaz1954 > 2024-01-08 10:42 | Report Abuse

What is the latest news on Taurx getting regulatory approval? No updates at all. I heard that it was positive news in the U.K. but no formal update.

Posted by ChloeTai > 2024-01-08 11:16 | Report Abuse

It is still very far away from the pre-pandemic Covid-19 price of RM7 on 1 August 2019.

Posted by virust > 2024-01-08 12:52 | Report Abuse

Malaysia Gaming
Enter the dragon in 2024

Posted by virust > 2024-01-08 12:53 | Report Abuse

Maintain BUYs on GENM, GENS & GENT
For the upcoming lunar year of the Wood Dragon, we update the 3 themes
we flagged last year:- (i) return of Chinese visitors; (ii) downstate casino
license tender in New York City; and (iii) potential legalisation of Thai IRs.
We raise our TPs for GENM to MYR2.93 from MYR2.70, GENS to SGD1.21
from SGD1.16 and GENT to MYR5.84 from MYR5.49 as we roll forward our
valuation base year to end-FY24E from end-FY23E. Our top BUY pick is
GENT as we believe it is also a good proxy to the recovering MYR.

Posted by virust > 2024-01-08 12:54 | Report Abuse

very exciting!

Posted by Michael_chan2022 > 2024-01-08 13:09 | Report Abuse

UOB Kay Hian Research, which maintained an “overweight” call on the gaming sector... maintained a “buy” recommendation on GenM and Genting with target prices of RM3.50 and RM5.78 respectively.

Posted by Michael_chan2022 > 2024-01-08 13:11 | Report Abuse

CIMB 联昌国际投行2024首选买入股

云頂大馬, TP 目标价: 4.00

Posted by Michael_chan2022 > 2024-01-08 13:15 | Report Abuse

UOB Kay Hian Research, which maintained an “overweight” call on the gaming sector... maintained a “buy” recommendation on GenM and Genting with target prices of RM3.50 and RM5.78 respectively.

Posted by ChloeTai > 2024-01-08 13:18 | Report Abuse

Hoooòoooòooooooooooooooooooold

Posted by Michael_chan2022 > 2024-01-08 13:19 | Report Abuse

https://theedgemalaysia.com/node/696539

Genting, Genting Malaysia among top gainers in early trade

👍

Posted by ChloeTai > 2024-01-08 13:20 | Report Abuse

Have faith in Genting and think positively. I said to myself.

Posted by Michael_chan2022 > 2024-01-08 13:25 | Report Abuse

👍

Posted by UncleStar > 2024-01-08 14:20 | Report Abuse

I once heard a hairless guru say PBB is way better than GentingB
It seems GentingB is more interesting now

Posted by Michael_chan2022 > 2024-01-08 15:23 | Report Abuse

https://www.klsescreener.com/v2/news/view/1259111/%E5%88%A9%E5%A5%BD%E6%83%85%E7%BB%AA%E5%B8%A6%E5%8A%A8-%E4%BA%91%E9%A1%B6%E5%8F%8C%E9%9B%84%E9%BD%90%E6%B6%A8


云顶拥有其持股20%的TauRx Pharmaceuticals Ltd的认购期权，该公司目前在开发治疗阿尔茨海默病的药物。

据了解，TauRx已向英国药品和保健品监管机构提交主要药物甲磺酸氢甲基硫氨酸（HMTM），供考虑批准。

“我们目前对TauRx的估值只有10亿美元（46亿5000万令吉）。如果该公司的估值像之前报道达到150亿美元，我们对云顶的目标价可能会上调至超过8令吉。”

Posted by virust > 2024-01-08 15:26 | Report Abuse

i'm very agreed with research house point of view, foreign investors tend
to BUY/SELL GENT when the MYR appreciates/depreciates. So just stick to foreign fund when deal with GenB.

Posted by stampid54 > 2024-01-08 15:31 | Report Abuse

Strong rally means strong MYR today, hehe

Posted by virust > 2024-01-08 15:32 | Report Abuse

Thai IR is too far away but still good to go while table gaming bid for RWNYC, taurx, RWG & RWS tourism boost enough for this year earning catalyst.

Posted by keyman > 2024-01-08 16:39 | Report Abuse

Tell me this is just warming up. Good show is still behind. 😉

Posted by ChloeTai > 2024-01-08 16:47 | Report Abuse

Michael_chan2022
Translation
(Kuala Lumpur, 8th) Driven by positive sentiment, both Genting Bhd and Genting Malaysia Bhd rose.

Genting ranked tenth on the rise as investors cheered the potential upside in its 52.63%-owned Genting Singapore, which has returned to pre-COVID-19 levels.

In addition, analysts said the possibility of Genting Malaysia's Resorts World New York City winning a downstate commercial license also brought positive sentiment.

Genting has risen steadily from a low of RM4.15 on November 10 last year. It hit an 11-month high of RM4.88 during the market break, with an increase of 3.39% or 16 sen, with a total of RM8.459 million changing hands.

According to Bloomberg data, the stock currently has 14 "buy" and 1 "hold" recommendations. Hong Leong Investment Bank gave the highest target price of RM6.95, while the lowest was Goldman Sachs’ target price of RM4.30.
Genting Malaysia, which holds 49.33% of Genting Malaysia, climbed as high as RM2.88, the highest since October 18, 2021, when it closed at RM2.94.

The stock rose six sen or 2.14% to RM2.86.

The stock has 12 "buy", 5 "hold" and 1 "sell" ratings, with a consensus target price of RM4.11.

Apart from Genting Singapore and Resorts World New York City, Maybank Investment Bank believes that the ringgit's recovery will also benefit Genting's valuation.

"Our view is that the ringgit will strengthen to 0.23 against the US dollar from the current 0.22. Therefore, we expect the discount on the integrated valuation method to narrow to 60%, compared with about 65% currently."

In addition, Genting has call options in TauRx Pharmaceuticals Ltd, in which it holds 20% of the shares, which is currently developing drugs to treat Alzheimer's disease.

It is understood that TauRx has submitted its lead drug hydrogen methylthionine methanesulfonate (HMTM) to the UK Medicines and Healthcare Products Regulatory Agency for consideration for approval.

"We currently value TauRx at only US$1 billion (RM4.65 billion). If the company's valuation reaches US$15 billion as previously reported, our target price for Genting may be raised to more than RM8."

Maybank Investment Bank maintained its "buy" rating on Genting and raised its target price to RM5.84 from RM5.49.
Genting Malaysia, which holds 49.33% of Genting Malaysia, climbed as high as RM2.88, the highest since October 18, 2021, when it closed at RM2.94.

The stock rose six sen or 2.14% to RM2.86.

The stock has 12 "buy", 5 "hold" and 1 "sell" ratings, with a consensus target price of RM4.11.

Apart from Genting Singapore and Resorts World New York City, Maybank Investment Bank believes that the ringgit's recovery will also benefit Genting's valuation.

"Our view is that the ringgit will strengthen to 0.23 against the US dollar from the current 0.22. Therefore, we expect the discount on the integrated valuation method to narrow to 60%, compared with about 65% currently."

In addition, Genting has call options in TauRx Pharmaceuticals Ltd, in which it holds 20% of the shares, which is currently developing drugs to treat Alzheimer's disease.

It is understood that TauRx has submitted its lead drug hydrogen methylthionine methanesulfonate (HMTM) to the UK Medicines and Healthcare Products Regulatory Agency for consideration for approval.

"We currently value TauRx at only US$1 billion (RM4.65 billion). If the company's valuation reaches US$15 billion as previously reported, our target price for Genting may be raised to more than RM8."
Maybank Investment Bank maintained its "buy" rating on Genting and raised its target price to RM5.84 from RM5.49.

As for Genting Malaysia, the bank pointed out that the number of tourists at Resorts World Genting should return to pre-epidemic levels this year, which will drive the group’s profit for the fiscal year ending December 2024 to rebound by 60% year-on-year. This will enable Genting Malaysia to offer an interest rate of at least 5.4% per annum.

The bank reiterated its "buy" rating on the stock and raised its target price from RM2.70 to RM2.93.

"A potential catalyst is Resorts World New York City winning a southern commercial casino license, which could add 56 sen to our target price."

"It is hoped that the results of the above-mentioned commercial gambling license bidding will be announced within the year. If successful, it is expected to stimulate foreign investors' interest in Genting Malaysia's shares. Currently, Genting Malaysia's foreign shareholding ratio is at a multi-year low, as of September 2023 15% on the 30th.”

"Another explanation for the low foreign ownership is that the downside risk to Genting Malaysia's share price from foreign outflows is likely to be minimal."

Posted by Fabien _the efficient capital allocator > 2024-01-08 17:17 | Report Abuse

Genting's holding of Genting Singapore is already RM5.54 per share.