Posted by Riaz1954 > 1 hour ago | Report Abuse We know that approval for Taurx is matter of time ------------------------ Dear Riaz1954 and Michael_chan2022, I believe both of you are experts in this Genting forum, I have 3 questions to ask, please help to reply. 1.) GenM and Genting Bhd, which stock is better ? 2.) Will Taurx be approved in 2024 ? 3.) Will RWLV be listed in NYSE in 2024 ? Please advise. Thank you.
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1) GenM and Genting Bhd, which stock is better ? Hi OTB, I have attached 4 YouTube links ..related to GenB and GenM for your reference. These analysts provide insightful understanding and analysis of both companies. I hope you can understand Mandarin..
If you evaluate based on value, GenB has more potential. It not only operates.. casino business (GenM and GenS) but also has plantations+property and the Las Vegas casino in the United States, providing relatively large risk diversification. In terms of value, it surpasses GenM and holds greater potential. However, if dividends are your primary concern, GenM would yield higher returns.
To summarise, if you're focusing on value added, GenB is the better option.., whereas for higher dividends, GenM is preferable
2.) Will Taurx be approved in 2024? (Copy and paste: 目前,该药物已进入英美监管机构的产品审批过程) Currently, the drug is undergoing regulatory review by agencies in the UK and US. With nine more months to go, there is a chance the FDA could approve it.
3.) Will RWLV be listed on the NYSE in 2024? It's unlikely.
Recalled during Old Lim's era, in 2007 Genting potential exploded and it's share price once reached $50 level, that was the most exciting moment for old Lim, will LKT repeat his father's glory with so many potential catalysts in hands? he is old now, I guess he will not leaving his legacy worst than his father!
@sifu MG 9231. Yes I am also miss the old boss era. If he is still here, I am for sure pledge everything my house, shoplot, cars, until my last panties. All in.... Bcoz I believe in his ability, foreseen and mostly his willingness to take care of minor shareholder. Do you think he will push ER to us under the situation of making losses? I dare to say no! Maybe he will inject it to G. Only when it is making profit. Or even just breakeven. This is the difference.
If my memory serves right, during Old Lim era, , he invested(with LKT) in one of the US's Aboriginal Land with intention of transformed it into a casino entertainment centre but finally failed with total impairment/written off!
what I am trying to say is that any business ventures involve all kind of risk, not easy and it need a lot of luck as well, May be LKT is not as lucky as old Lim.
GentM dv will always be GentBs dv. if GENTM pays 6 sen GENTB also pays 6 sen...its always same. the amount of GENTM shares in GentB is almost same as GentBs paid up. that's how GentB manages its cashflow.
OTB…Michael Chan has answered your questions. I am in agreement with him. Just want to add that listing in US is a lengthy process and they are very focussed on governance matters and disclosures so don’t see listing in US soon. Genting Berhad is the better option as it diversified by investing in associates as well as investment in Taurx which we know will be beneficial ultimately.
Yes. But do you think how many times did he do thing wrong. Mashpee... 21 century fox..... ER..... Miami land..... Now ask for 5B for its NY project. Not been counted in his bankruptcy HK Genting. If it is considered as luck. Then he is totally in bad luck. For years. I rather believe in his ability. He hasnt the ability to do the thing right. Just my personal opinion...
@MG9231 Additions. US's Aboriginal Land story began with Foxwoods Casino. Followed by Seneca Niagara Casino and then the Mashpee Wampanoag Tribe First Light Casino. Kien Huat involved in the first two while GenM involved in the third. Check the time line to further understand LGT involvement.
A nostalgia for a time gone by. Back then, Goldman Sachs invented the Pacific Century n hedge funds, with the aid of US mainstream media, rushed into SEA which culminated in bull run in 1993. The episode ended in the Asian crisis. Now, Goldman Sachs is talking about BRICs. The Pacific Century is long gone. A totally different era now.
I understand that the panel discussion yesterday at the conference post release of test data went very well. This is encouraging. Let’s hope politics don’t impact the approval! With FDA you just don’t know.
Conference was very positive for TauRX, however I would keep an eye on sell volumes, as there may be people who would initiate a panic sell in order to buy low further good news might be many months later in the year…any drop to 4.50 would be a very good buy…though I would be surprised if it went that low!
@keyman, below are the mentioned poor investment decisions by Genting. Could you please share with us why these are deemed as such? Many of us would greatly appreciate your sharing
1) Mashpee... 2) 21 century fox... 3) ER... 4) Miami land... 5) 5B for its NY project 6) Bankruptcy of HK Genting. If it is considered as luck. Then he is totally in bad luck...
2) 21 Century Fox partnership: Comparing the partnership between GenS n Universal Studio..and 21 Century Fox n GenM...the former is performing adequately. It's unclear why the 21 Century Fox partnership is considered a poor management decision. Could you help to elaborate? 😍
5) $5b NY project: The bidding process for the three new licenses to operate a full-fledged casino in or around New York City will likely be one of the most hotly contested in U.S history, with many of the nation’s most prominent operators having already expressed interest.
Can you provide more details.. and the reasons behind considering it a poor investment decision?
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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....
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Posted by gladiator > 2024-03-08 21:28 | Report Abuse
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