2 agreement sign with China during China Premier Li Qiang visit Malaysia . Genting pandai ,turn multi project , let see movement Genting next week , can attract local n foreign fund go in , no ESG now ,doing multi national project
I think energy business is confirmed better than casino business. Sure untung one it seems. What is the risk none. Compares to casino, the operation cost is sky high, also has the risk of shutting down due to pandemic like crisis. Also imagine the economy is bad, people decided to cut down expenses and stop visiting casino, it is not a sure win business. Energy business on the hand is an always win business. I think this rally just the beginning of a long rally. I can feel the power. Gonna hit 5.5 short term, and 6.5 long term target. Only less than 50 days, will be hearing about the next good quarter release, selling now will be the dumbest thing you can do now. Just hold, and wait to collect 10-30-50% profit, it is not a dream.
China so much money, if Malaysia open it's door fully. Malaysia will have at least 5 more Kuala Lumpur size metropolis. 1 each in Sabah Sarawak, Johor, Penang and Melaka
Genting share price movement today technically not bullish because 4.85 resistance was not broken. Fortunately closing able to stay above MAV20 (4.74) and MAV100 (4.75), providing small hope that both supports hold for near term. Foreign fund seems not buying into Genting transformation performance and today boss goreng ended not successful......
MA 20 ( 4.74 ) can tahan 3 day no drop , Genting got hope move upward to chanllege RM 5.20 resistance ,successful break up , will chanlege strong resistance 5.50 , Let see any local fund or foreign fund go in , price action will tell u all next week
If you google the latest news on GenB's US$1 billion investment in its oil, gas, and energy segments, you'll find that only a few overseas newspapers have covered it online. As a result, the foreign fund managers may not be aware of the latest news about Genting. It may take more time for the news to filter through the online media.
Genting does market the company well to potential investors. The more Shareholder focussed Companies hold capital markets day to invite analysts and institutional investors and highlight their plans and promote the company.
No.. no to data center investment. The market has become highly competitive with an already significant number of investments in data centers.. entering into战国時代?
Honestly physical casino business is under threat by online casino. Online casino has no boundaries, anytime anywhere, and a fraction of the operating cost. It is a smart choice for Genting to go all in to energy business. Energy is the future. Energy is much easier to make money than casino. Genting to the moon next week.
Bill gates latest cnn video talks about the next big thing is nuclear power, given that China already crack the code of harnessing the power of the sun. Fusion is the new kid on the block.
You have to really ask why this counter does not go up compared to others! It is nothing to do with actual business as but more about past behaviours and governance issues. Simple as that!
Genting's investment in green energy is a bold step towards sustainability and global growth.. While it will initially use some casino profits and take time to become profitable, this move positions the company well for the future.
Investing in green energy not only supports the environment but also opens new opportunities for long-term success. Boss Lim said the transformation of Genting is just starting. 👌
Just like TauRx many years ago, most ppl were skeptical abt such a venture. And soon, it will shut those critics’ mouths for real. I believe strongly the Company is under great hands with visionary leaders who are noble individuals who hv d heart to pursue projects like these to serve, benefit and give back to humanity.
LKT was so humble to say tht, probably it’s the higher power from above who wanted GenT to b successful to bring such a medical breakthrough to help humanity. 👍👍👍
Boss Lim said that, besides the investment in the energy division revealed, there are a few other projects they are working on. Hopefully, in time to come, they will share these with us, just as they did with the energy division. He emphasized that we should continue to watch this space, as the transformation of Genting is just beginning.
Guess what these projects that Boss Lim mentioned could be! I believe there could be more green projects in the pipeline. There might be a USA IPO, and of course we should not forget the potential approval of TauRx by the regulatory authorities soon.
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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....
Johnchew123
557 posts
Posted by Johnchew123 > 2024-06-21 11:54 | Report Abuse
https://www.thestar.com.my/business/business-news/2024/06/21/genting-set-for-an-energy-booster
News out already
Short term ,Genting can go RM 5.20 Kah ?
Waiting local n foreign fund to go in , no esg , now multi national project