GENTING BHD

KLSE (MYR): GENTING (3182)

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Last Price

4.37

Today's Change

-0.02 (0.46%)

Day's Change

4.34 - 4.38

Trading Volume

3,239,700


45 people like this.

84,629 comment(s). Last comment by Michaelchan2024 4 hours ago

Posted by StakesAreHigh > 1 month ago | Report Abuse

Tomorrow rally

AngTayKor

2,115 posts

Posted by AngTayKor > 1 month ago | 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.

Riaz1954

1,299 posts

Posted by Riaz1954 > 1 month ago | Report Abuse

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

Peaches L

874 posts

Posted by Peaches L > 1 month ago | Report Abuse

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

MG9231

795 posts

Posted by MG9231 > 1 month ago | 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?

Pinky

3,406 posts

Posted by Pinky > 1 month ago | Report Abuse

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

Riaz1954

1,299 posts

Posted by Riaz1954 > 1 month ago | 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.

KooSan

459 posts

Posted by KooSan > 1 month ago | 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 > 1 month ago | Report Abuse

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

Posted by Michaelchan2024 > 1 month ago | 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 > 1 month ago | Report Abuse

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

KooSan

459 posts

Posted by KooSan > 1 month ago | Report Abuse

Trade war will start again

Posted by Michaelchan2024 > 1 month ago | Report Abuse

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

Posted by Michaelchan2024 > 1 month ago | Report Abuse

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

Riaz1954

1,299 posts

Posted by Riaz1954 > 1 month ago | Report Abuse

Trade war will start again! No trade war has been in place since Trump first came to power….democrats if anything put more pressure…so nothing new …same of the same no matter who is in power…at least Russia Ukraine war will end…under Trump..

Posted by Michaelchan2024 > 1 month ago | Report Abuse

If inflation eases, utility prices can come down. When inflation rates decrease, the cost of goods and services, including utilities, tends to stabilize or drop..

Posted by Michaelchan2024 > 1 month ago | Report Abuse

不要被骗入场買YTLp 博反弹, 成了高楼接盘侠

neohts

2,279 posts

Posted by neohts > 1 month ago | Report Abuse

looking good. Keep it up.

Posted by benqwe12345 > 1 month ago | Report Abuse

willing to buy Taurx shares
Can I know the price?

dragon328

2,378 posts

Posted by dragon328 > 1 month ago | Report Abuse

@Michaelchan2024, haha all three have big biscuits to chew on. Good stories will go on and on, to our success!

Posted by Michaelchan2024 > 1 month ago | Report Abuse

大家都在画大饼…谁的画更大:​
1) GenB : TauRx 老人药
​2) YTLp : Nvidia AI
​3) YTL : 隆新高铁

Today, we all begin at the same starting point..
​GenB : 4.83
​YTLp : 4.80
​YTL : 3.62

Yes, dragon328, let's all huat together! Cheers!

Posted by Michaelchan2024 > 1 month ago | Report Abuse

Go go..Genting

Pinky

3,406 posts

Posted by Pinky > 1 month ago | Report Abuse

Time will prove that we were right to stick with laggard Genting

Save

829 posts

Posted by Save > 1 month ago | Report Abuse

Foreign fund nett buying Day 15 yesterday +21M, Local institution keep nett selling -55M. KLCI short term target 1630 broken D2, if D3 can close above 1630, next week outlook will be bright. It seems foreign fund start buying Genting. Watch 4.85

Posted by Michaelchan2024 > 1 month ago | Report Abuse

@OTB, thank you for sharing your thoughts.
​I appreciate your straightforward approach and your commitment to long term investment in Genting. It's always important to rely on facts and maintain a positive outlook.

Good luck to you too! Cheers!

neohts

2,279 posts

Posted by neohts > 1 month ago | Report Abuse

OTB - US cannot get. But UK possible.

TauRx Pharmaceuticals Ltd, a global leader in tau-based research in Alzheimer’s disease (AD), has announced the submission of a UK Marketing Authorisation Application (MAA) for hydromethylthionine mesylate (HMTM) for treatment of mild cognitive impairment (MCI-AD) and mild to moderate stages of dementia due to Alzheimer’s disease.

HMTM has been designated by the UK’s Medicines and Healthcare products Regulatory Agency (MHRA) for the Innovative Licensing and Access Pathway (ILAP). If successful, the UK could be the first country in which an accessible, safe, oral treatment, which targets the hallmark tau pathology of the disease, becomes available to patients.

neohts

2,279 posts

Posted by neohts > 1 month ago | Report Abuse

Waiting for more good news.

ImCK

2,999 posts

Posted by ImCK > 1 month ago | Report Abuse

UK NEED MONEY FOR ECONOMY if approve then UK can earn more tax generate money

OTB

11,303 posts

Posted by OTB > 1 month ago | Report Abuse

Posted by neohts > 21 minutes ago | Report Abuse
OTB - US cannot get. But UK possible.
--------------------
Yes. You are right.
Very sad case for TauRx.
I hope the US authority will do justice to all Alzheimer patients.
Should have a good heart towards health care.
Thank you.

ImCK

2,999 posts

Posted by ImCK > 1 month ago | Report Abuse

UK can get approve 1st also best already if medicine really work then many people will go UK buy or from UK deliver to other country . if medicine not work FDA approve also no use

ImCK

2,999 posts

Posted by ImCK > 1 month ago | Report Abuse

medicine is comfirm work as director said they said how good no use if no one approve drug they cant commercialize also

ImCK

2,999 posts

Posted by ImCK > 1 month ago | Report Abuse

lucky UK brexit https://www.pharmaceutical-technology.com/news/mhra-procedure-medicine-approvals/ so UK can make thing more faster

neohts

2,279 posts

Posted by neohts > 1 month ago | Report Abuse

Once UK approved. Commonwealth country can start selling. China and India may follow.

Posted by Michaelchan2024 > 1 month ago | Report Abuse

Recently, various stock analysts and "gurus" have been posting negative outlooks about Wynn Resorts and Las Vegas Sands. They often correlate the equity performance of these US based casino giants with Genting, suggesting that if the ang moh casino stocks are underperforming, Genting's performance is likely to be similarly impacted.

Posted by Michaelchan2024 > 1 month ago | Report Abuse

Moving forward, it's important to consider the potential effects of a depreciating US dollar on these companies. If the US dollar weakens, it can be beneficial for US based casinos operating overseas, such as in Macau. Revenue from these operations, typically denominated in local currencies, will convert to a higher amount in USD, thus positively impacting the mother company's financials. This currency effect can enhance the overall profitability and financial stability of Wynn Resorts and Las Vegas Sands.

neohts

2,279 posts

Posted by neohts > 1 month ago | Report Abuse

RM5 coming soon.

Posted by Michaelchan2024 > 1 month ago | Report Abuse

Betul

Posted by Michaelchan2024 > 1 month ago | Report Abuse

A simplistic or overly negative assessment of Genting's future performance based solely on the current struggles of US casino stocks might be misleading. Instead, a more detailed and careful analysis that considers various factors, such as currency exchange rates and specific market conditions, is necessary to fully understand Genting's potential..

Posted by Michaelchan2024 > 1 month ago | Report Abuse

A stronger MYR relative to the USD can indeed help lessen the financial impact of losses from Genting's US operations when these losses are converted into MYR, thereby improving the overall financial performance of Genting Berhad and Genting Malaysia. This currency effect can be a key factor in the financial stability and performance of the company.. Come q3 and q4 2024, GenB's share price is expected to reach new high..

Posted by Michaelchan2024 > 1 month ago | Report Abuse

I am a strong supporter and shareholder of GenB. I won’t chase high; I have added GenB below 4.60. Please note that whatever I posted on this forum is not a recommendation to buy or sell.

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

Posted by Michaelchan2024 > 1 month ago | Report Abuse

My investment in Genting was never based on hoping for a miracle FDA approval of TauRx. To me, TauRx is a bait used by traders to con people into buying Genting shares..

KooSan

459 posts

Posted by KooSan > 1 month ago | Report Abuse

Plenty of land in Johor too...

speakup

26,437 posts

Posted by speakup > 1 month ago | Report Abuse

Congratulations Michaelchan2024 u buy way cheaper than speakup

Posted by Michaelchan2024 > 1 month ago | Report Abuse

Thanks speakup. It's all about patience and strategy.. wishing you the best with your investments as well.

neohts

2,279 posts

Posted by neohts > 1 month ago | Report Abuse

https://www.thestar.com.my/business/business-news/2024/07/19/genting-plantations-to-acquire-152-hectares-in-indonesia-for-rm593mil-for-property-development

Genting Plantations to acquire 152 hectares in Indonesia for RM593mil for property development

speakup

26,437 posts

Posted by speakup > 1 month ago | Report Abuse

We Huat together in Genting

AngTayKor

2,115 posts

Posted by AngTayKor > 1 month ago | Report Abuse

Posted by benqwe12345 > 1 day ago | Report Abuse
willing to buy Taurx shares
Can I know the price?
------------
Posted by Michaelchan2024 > 9 hours ago | Report Abuse
My investment in Genting was never based on hoping for a miracle FDA approval of TauRx. To me, TauRx is a bait used by traders to con people into buying Genting shares.
----------

You sure you still want to buy Taurx shares? Got people here say Taurx useless la, Taurx is used to con investors leh...

Actually Taurx news are small swings only. The biggest swing was actually Pfizer and Moderna covid vaccine trial result success (early Nov 2020). Trader bought when below 3.00 for a few days only suddenly vaccine trial success, trader increased position size along the way and exited at 4.30+, made rm2m in profit in abt 2 weeks. Re-entered again during pull back consolidation near 4.00 zone and made over rm1m profit within 4 weeks. Taurx news peanuts return for this stock so far. Covid vaccine news was much much more powerful.

You guys very solid can hold a stock for years and years! Covid already more than 4 years ago but stock price still quite hopeless.

Posted by Michaelchan2024 > 1 month ago | Report Abuse

https://theedgemalaysia.com/node/719697
Foreign tourist arrivals surged to 9.48 mil as of May 2024 — Zahid

He said the Ministry of Tourism, Arts and Culture has targeted 27.3 million international tourists and an income of RM102.7 billion this year. Cheers!

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