Posted by Riaz1954 > 2024-07-16 15:12 | Report Abuse

@save they may be selling anything above that 1630 fair dues, but Genting has made no such recovery all other counters have had a good run! Except Genting and still we have faith in the old far. Only saviour is TauRX and MHRA and not US as they won’t approve non US based pharmaceuticals unless they have huge presence in US. US by this means is not open market for sure just pretend.

Posted by rickygiam > 2024-07-16 16:23 | Report Abuse

Those who sold 4.87 good move.... Back to 4.6

Posted by stncws > 2024-07-16 16:32 | Report Abuse

1632 cannot BREAK, means is bear is coming, stock crash soon... now foreign fund should be exiting...best time when u happy happy

Posted by neohts > 2024-07-16 19:15 | Report Abuse

Well. Different person different opinions. Tomorrow will know. Game not over yet. TauRX results could be earlier.

Posted by Michaelchan2024 > 2024-07-16 21:33 | Report Abuse

According to Maybank IB Research, the share price weakness was more likely due to foreign selling from the weaker ringgit compared to the US dollar.

The research house added that since inflation in the United States has tapered down, and the ringgit is likely to recover against the dollar backed by the prospect of the Federal Reserve cutting the interest rate, it hopes the foreign selling will decrease.

“Our FX Research Team forecasts the US dollar/ringgit to recover to 4.600 by end-2024, and 4.500 by mid-2025 from 4.718 as at June 30, 2024.

Posted by Michaelchan2024 > 2024-07-17 07:06 | Report Abuse

Fed could cut rates by 25 bps in July, another 50 bps to follow in September: Moody’s.

马屁精 is right,
Don't be conned and
don't be cheated..

Posted by speakup > 2024-07-17 07:51 | Report Abuse

Trump is very pro-strong US Dollar. so Fed may delay rate cuts to keep dollar strong

Posted by speakup > 2024-07-17 07:51 | Report Abuse

Trump is very high chance become next Presiden

Posted by Michaelchan2024 > 2024-07-17 08:39 | Report Abuse

Times have indeed changed since Trump's first term. The interest rate environment is much higher today, and maintaining high rates indefinitely is not sustainable. The Fed may have to balance between supporting the economy and keeping the dollar "strong".

Posted by Pinky > 2024-07-17 09:00 | Report Abuse

Trump is also very pro-business.

Lower rates is better for business.

Posted by kl_guy > 2024-07-17 17:30 | Report Abuse

RSS sell off about 300k at rm4.77.

Posted by Junichiro > 3 weeks ago | Report Abuse

US is likely to go into recession after their election. Rate cuts are likely.

Posted by Ravetidus > 3 weeks ago | Report Abuse

yes a recession is coming, n that would then lead to rate cuts to help support the economy

Posted by bullrun168 > 2024-07-17 09:47 | Report Abuse

Walaoeh, what happend ?
Super damn hot man Genting today !
Now Genting was traded at @RM4.80 (+0.04) (+0.8 %)
Heng ah, Ong ah, Huat ah !

Posted by stncws > 2024-07-17 09:52 | Report Abuse

bear is coming.. 1632 cant break

Posted by stncws > 2024-07-17 09:52 | Report Abuse

bear is coming.. 1632 cant break

Posted by Save > 2024-07-17 10:18 | Report Abuse

Foreign fund nett buying Day 13 yesterday +64M, Local institution keep nett selling -84M. KLCI short term target 1630 seems broken, let see closing index if can maintain above 1630. Any successful breakout will bring KLCI towards 1680! Is Genting turn this round? Watch 4.85

Posted by bullrun168 > 2024-07-17 12:29 | Report Abuse

Wow, Amazing !
Now Genting was traded @RM4.81 (+0.05) (+1.1 %)
Heng ah, Ong ah, Huat ah !

Posted by AngTayKor > 2024-07-17 13:52 |

Post removed.Why?

Posted by kent9988 > 2024-07-17 13:52 | Report Abuse

hi bro @AngTayKor
did u know the latest news of taurx with fda type c meeting?they still not yet meeting right?

Posted by AngTayKor > 2024-07-17 14:12 | Report Abuse

September meeting. FDA wants us to combine both AA and Full Approval sessions into 1 meeting instead of 2 separate meetings. KNN how to do both of them within a 60 min meeting? I think better focus on AA liow as Full Approval seems like a long shot to me due to trial placebo issues.

Posted by kent9988 > 2024-07-17 14:20 | Report Abuse

thank you...
urm...wat is AA ah?,,,hahaha

Posted by benqwe12345 > 2024-07-17 14:45 | Report Abuse

Looking to buy Taurx shares in the secondary market.....
Can I know roughly know the market price of Taurx per share?

Posted by AngTayKor > 2024-07-17 14:53 | Report Abuse

Accelerated Approval. Its usually a 8 to 10 yrs temporary commercialisation Approval to sell the drug but need to do n complete another confirmatory trial within this duration. AA primarily deals with biomarkers like Tau reduction, NfL reduction, slowdown in brain shrinkage to gain quick temporary approval. For taurx's case, although our drug can totally halt cognition decline n even reverse back up (its a cure), our placebo arm was later found to be an active dose (a low dose MTC formula for blue pee discolouration). Hence using traditional full approval standards, i doubt FDA will give us full approval (didn't meet primary endpoints measurements when compared against placebo arm)

Posted by Pinky > 2024-07-17 15:13 | Report Abuse

Ini kalilah recovery!

Posted by RInvest > 2024-07-17 15:24 | Report Abuse

TauRX will put many other similar drugs for Alzheimers out of business .. probably explains why its stuck at FDA approval ..

Posted by neohts > 2024-07-17 16:01 | Report Abuse

The future is very bright.
Just hold on to your shares.

Posted by Michaelchan2024 > 2024-07-17 18:28 | Report Abuse

https://www.cnbc.com/2024/07/17/global-chip-stocks-from-nvidia-to-asml-fall-as-geopolitics-trump-weigh.html
TECH
Global chip stocks from Nvidia to ASML fall on geopolitics, Trump comments

Posted by Michaelchan2024 > 2024-07-17 18:28 | Report Abuse

MAGA: Trump will make the US great again. With Resorts World New York City and Resorts World Las Vegas expected to see exponential growth, Genting Berhad could be headed to the moon!

Posted by stampid54 > 2024-07-17 18:44 | Report Abuse

Genting moves back up after markets digested Uncle Lim's luxurious salaries 😁

Posted by ClaraChan94 > 2024-07-17 19:11 | Report Abuse

Tourism Malaysia aims for RM88bil receipts in 2024. Sound good to GENTING

https://www.thestar.com.my/metro/metro-news/2024/07/11/tourism-malaysia-aims-for-rm88bil-receipts-in-2024

Posted by ImCK > 2024-07-17 20:17 | Report Abuse

https://theedgemalaysia.com/node/719242 ASEAN can invest easily to bursa

Posted by ImCK > 2 days ago | Report Abuse

bursa a lot undervalue stock

Posted by benqwe12345 > 2024-07-17 20:20 | Report Abuse

Can I know Taurx current share price?

Posted by Riaz1954 > 2024-07-17 20:44 | Report Abuse

Placebo issue has a precedent where by a drug was approved without the use of placebo. So technically speaking TauRX could address the issue.

Posted by StakesAreHigh > 2024-07-17 21:31 | Report Abuse

Tomorrow rally

Posted by AngTayKor > 2024-07-17 21:59 | Report Abuse

@Riaz, unfortunately FDA is not our friend. The FDA officials (civil service) are usually more cozy with large pharma MNCs due to future job prospects at the private sector.

Posted by Riaz1954 > 2024-07-18 09:55 | Report Abuse

@AngTayKor, I understand. Not a level playing field. Loaded with politics. They protect their own. I suspect MHRA could be 1st.

Posted by Peaches L > 2024-07-18 10:58 | Report Abuse

YTLPowr already passed baton to GenB now to continue d run. Let’s enjoy d show…

Posted by MG9231 > 2024-07-18 11:16 | Report Abuse

https://www.youtube.com/watch?v=fFFPrEiskjc

https://www.youtube.com/watch?v=FH3M_7W9o84&t=572s

Will recent high court decision on 4D and Sports TOTO be a catalyst for Genting?

Posted by Pinky > 2024-07-18 11:17 | Report Abuse

End of AI play is near. Rotation play next! Time for laggards to take over

Posted by Riaz1954 > 2024-07-18 15:02 | Report Abuse

Indeed Genting is a big laggard. It needs a catalyst. It seems there are nobody willing to chase. When time comes like an earthquake it will catapult! Wait at the starting blocks. Anytime after Sept I say.

Posted by KooSan > 2024-07-18 18:29 | Report Abuse

If Trump wins the presidency which I think there is no question about it, China will not be in peace

Posted by Michaelchan2024 > 2024-07-18 19:02 | Report Abuse

https://www.sinchew.com.my/?p=5771639
Excellent, please push harder to make it visa free permanently.

Posted by Michaelchan2024 > 2024-07-18 19:13 | Report Abuse

https://www.sinchew.com.my/?p=5772054
美中晶片战恐升級 科技股慘跌 費半崩6.8%

投资者担心 科技股將跌跌跌撞撞到美国总统选举后..

Posted by Michaelchan2024 > 2024-07-18 20:56 | Report Abuse

Uncertainties persist as investors worry that tech stocks will stumble after the US presidential election. Consider buying tech stocks after the election.

Posted by Michaelchan2024 > 2024-07-18 20:57 | Report Abuse

https://www.thestar.com.my/business/business-news/2024/07/18/ringgit-hits-fresh-six-month-high-against-us
Ringgit hits fresh six-month high against US$

Posted by KooSan > 2024-07-18 21:02 | Report Abuse

Trade war will start again

Posted by Michaelchan2024 > 2024-07-19 07:25 | Report Abuse

1SGD = 3.45/ 3.46 MYR
1USD = 4.65/ 4.66 MYR

Posted by Michaelchan2024 > 2024-07-19 07:27 | Report Abuse

Come q3 and q4 2024, GenB's share price is expected to reach new high..