@keyman, fda AA final decision at least one yr away. If cannot secure this, taurx will have to go for ipo route which is not a favourable outcome for me. I believe we have good chance for fda AA.
Oh no... There is a sign of valcano cooling down due to expected good result. Dont like that... Keep blaming and scolding him. He will perform even better then.... Make sure he will always match to the KPI. 🤭
If we project Q1 result into 4 quarters, GenS can make abt S$1b net profit after tax for 2024 = Rm3.5B. Financial wise, will the thai govt welcome GenS to bid for thai casino licence? Financial aspects aside, the devil is always in the details on what the bidders can offer inside their proposals for thailand integrated casino resort. Hence, someone with even bigger financial muscle is not guaranteed to win the casino licence.
@Sifu ATK Thanks Sifu. This is what I concern most. Hope that everything will go smooth -----------
Dont worry too much abt Taurx. 20 years ago i immediately bought immediately huat. 2.5yrs ago i bet showhand immediately bought immediately huat also. I think still got good chance of price appreciation over the next few months hence bought back some shares that i sold off previously. No need for me to do anything now. Just sit back relax n wait for next critical event for price to spike up.
Don't believe anymore that TauRx can have a positive impact on Genting's share price. Just over two months ago, Maybank IB recommended a buy on Genting in view of its involvement in the life science sector via TauRx Pharmaceuticals. Many small investors have been caught at over RM5 and are now licking their wounds.
We small fish only can buy and hide our shares make it invisible after a while! The big fish know how to count card like gambler in casino. they always collect back all the share at low before selling it high to small fish.
Genting always missing what's "happening" in town. When people talking about bitcoins/crytocurrencies, it talks about TauRX , when people talking about covid vaccines/gloves, it talks about TauRX, now when people talks about AI, it still talking about TauRX...LOL need to change the CEO
Their CEO not quick to react, too slow to innovate. Look at Myeg, Gov wanted to cut them loose, they quickly innovate and venture into crypto and AI (probably), now stock price up 30% so far. Genting sg big news but struggled to up even 3% LOL.
Genting could have create new research companies like Genting Medical (Selling mask and gloves), Genting Cryto (using own coins), Genting AI . How hard??
Their team lack innovation, bunch of old farts running the company. Hopeless company, better buy Myeg I guess
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....
neohts
2,576 posts
Posted by neohts > 2024-05-10 20:06 | Report Abuse
Q1 2024 showing good results could be due to AGM in June. LKT afraid shareholders complain his pay is too high.