last time we got vouchers for hotel and fnb. When indoor rides opened, i think its 50% disc voucher for whole day ticket. why so stingy..the money goes bck to own company if ppl willing to go up and spend
Genting Group is seeking opportunities to be listed in the US. Betul, listing in the US can unlock shareholder value and enhance the value of the group.
But with ang moh Jones index at a record level, is now a good time to pursue an IPO, considering the current situation in the US??
But then, companies can achieve higher valuations during a market boom, as investors are more willing to pay a premium for growth potential.. therefore, it is better to do an IPO during a market up cycle.
Market downturns can create uncertainty and volatility, making it harder to predict IPO performance. So, it is better for Genting to do an IPO now in the US. Are you ready, Genting?
It sounds like Genting is confident that TauRx will receive FDA approval soon... based on their plan to implement a commercialization strategy in stages once regulatory approval is obtained from agencies in the US, UK, and Europe. I think TauRx 是éšè€³.. 😀
As I suggested some 2 years ago, a US listing of Genting's American assets should be a sensible move by Genting to unlock its deep value of the various resorts and casinos in the US. Genting CEO just confirmed such interest.
Unfortunately, the US Fed is still not prepared to start lowering interest rates, with the odds of 1st cut in September 2024 reduced to 55% only from 70% one month ago. But US Fed's dot plan did indicate at least one rate cut in 2024.
I believe Genting is waiting for the right time to do the US listing, it is just a matter of time. When it pulls the trigger, it will be a major catalyst to Genting's financials and share price.
Genting Singapore will be the key earnings driver to Genting Bhd, as evidenced from the latest quarterly result. It will only get better as more tourists flock into Singapore.
It is grossly undervalued as annualised net profit of S$1.0 billion makes it valued at an undemanding forward PER of just 10.8x. EBITDA of S$369m in Q1 FY2024 exceeds earlier estimates and GS is on track to achieve EBITDA of S$1.4 billion for FY2024. At S$0.88, GS is trading at just 5.2x, almost half of its Macau peers.
Taurx good leh i invested usd9m now profit tens of millions USD liow. It is real. If people want to buy GenB after taurx news then kena trapped high by cunning stock operator sure cursing now la. Thank you Taurx for making me huat big. Stock trading GenB 5 to 10% cannot make me huat big.
@neohts, i mentioned here numerous times abt CA timeframe liow. Aiyo you every week n month keep asking the same thing. Just hold la. Im holding my taurx shares, not trading it. I know this one can huat super super big eventually.
If Genting is successful in listing in US, it better sort out governance issues! Risk of fines will be very higher but also for shareholders to take action against improper behaviour
Not listed. But still can trade if you are skillful n have the network.
Honestly if Taurx IPO most of the shareholders will be disappointed. We are all gunning for grand jackpot. This drug works much much better than lecanemab n donanemab by very wide margin.
HMTM orally taken drug, no side effects, can totally halt n reverse AD decline for MCI patients. Dont see Taurx no up. This is exactly the drug that can halt AD pandemic!
If taurx so good, why not trial run in Malaysia and Singapore? If can be tested to be successful here, who would care about FDA approval, results speaks louder than anything. The FDA will be forced to approve it by then. Start commercialize here lah, what is Taurx waiting for? Request trial run here on Malaysian patients from the Malaysian health minister.
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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....
rohank71
912 posts
Posted by rohank71 > 2024-06-13 11:34 | Report Abuse
FD Tan Kong Ann answering well.