On July 19, Deputy Prime Minister Ahmad Zahid Hamidi disclosed that Malaysia received 9.48 million international tourists by May. If arrivals for the first five months are repeated over the next seven months, the total for the year will be 22.75 million.
During a media interview in early July, Tourism Malaysia director-general Manoharan Periasamy was reported to have said his key performance indicator is to welcome 27.4 million foreign tourists this year.
For Visit Malaysia Year 2026 (VMY 2026), the targets are 35.6 million tourist arrivals.
In 2019, Tourist Arrivals to Malaysia rose to 26.1 million.
Not purely related to corporate governance issues; I think it is a question of when the tourism industry will fully recover. This implies that while tourism is improving, it may take some time to reach pre-pandemic levels. Genting Malaysia, as a laggard, has not yet fully recovered, but we can expect a full recovery by end of 2024.
Ridiculously undervalued, Genting PE only 12, imagine if it is at its usual PE before pandemic at 24. Genting's share price should be at least RM 8-9 ringgit.
After Taurx, RM 20 my friend. No joke. Genting will mark a new era where it has stamp its footprint in the medical industry as one of the major player. This is long term.
Don't think we can call Genting a player in medical industry. It's an investment in TauRx, we don't know what is exit plan for Genting if TauRx is successful.
When discussing how LKT might handle TauRx, we can imagine a situation where he tries to make a so-called 'fair valuation offer' for TauRx and sell it to his own private entity, even if it hasn’t actually happened. A 'hypothetical situation' is an imagined scenario used to explore possible outcomes or decisions rather than something real.
However, there are key differences between the Empire Resorts RPT case and a hypothetical situation involving TauRx: - In the Empire Resorts case, LKT's private entity (Kien Huat) and Genting Malaysia were both significant shareholders. This allowed for more direct involvement in related party transactions since both entities had substantial stakes.
- In the TauRx case, since LKT's private entity (Kien Huat) does not own any part of TauRx, it cannot directly involve itself in transactions with TauRx.
Don't count eggs b4 they hatch. If TauRx is realised, it's a bonus but we don't know exit plan. One off sale or a golden goose to be milked for years to come. I'd say let it run it's course, now just look forward to improving QRs.
Yes, it's important not to overstate TauRx's potential impact.. The focus should be on strengthening the company's financial results and letting the TauRx situation evolve on its own.
Hopefully Q2 2024 results for Singapore, Genting Plantation, Genting Malaysia and Genting Berhad results very good. 4.80 should not be a problem by August month end. Waiting for good dividend announcement
Posted by lamkin > 5 days ago | Report Abuse Don't catch a falling knife. Buy queve in very low volume --------------- Posted by Michaelchan2024 > 5 days ago | Report Abuse Thanks lamkin. You are the best trader. **************
Wah so easy to become best trader ah? @MC must have been raking in millions in trading profit liow lo....
Posted by Michaelchan2024 > 2 weeks ago | Report Abuse Not lies, I still think TauRx is just an illusion thing: Given the complexity and challenges associated with developing treatments for neurodegenerative diseases, it's understandable to have skepticism towards companies like TauRx. Despite their claims and research, the outcomes in clinical trials and actual efficacy remain critical factors in determining the validity and potential of their treatments. ------------ Posted by Michaelchan2024 > 2 weeks ago | Report Abuse TauRx’s current approach to treating Alzheimer’s is indeed only addressing symptoms without tackling the root cause. If this becomes widely accepted, the company’s stock could potentially see a significant drop.. ----------- Posted by Michaelchan2024 > 1 day ago | Report Abuse Besides speculating, any ideas how the LKT family might find ways to pocket the gains if TauRx turns out to be successful and gets FDA approval? ****************
Aiya a non-Taurx shareholder who think Taurx is an illusion, so free ah analyse Taurx until paralyse?
Small time 0.6+% Taurx shareholder not kanchiong abt Taurx. @Choysun is correct, let nature takes its course. We let the Taurx Royal Flush (UAE + UK + FDA + EU + CHINA) approvals do the talking.
Posted by lamkin > 5 days ago | Report Abuse Don't catch a falling knife. Buy queve in very low volume --------------- Posted by Michaelchan2024 > 5 days ago | Report Abuse Thanks lamkin. You are the best trader. **************
Wah so easy to become best trader ah? @MC must have been raking in millions in trading profit liow lo.. ----------------------------------------
As I mentioned, I initiated a short position on the morning of 5 Aug, and the share price dropped rapidly (只能用完美风暴来形容). I have already bought back some shares and was considering covering the rest of my position. Since sifu Lamkin suggested the price might drop further, I decided to hold off and waited until the afternoon to cover all my remaining short positions. 算了吧!以你自以為是的性格,是不会明白的。
We’re pleased to announce the Medicines and Healthcare products Regulatory Agency (MHRA) has confirmed acceptance of the UK Marketing Authorisation Application (MAA) for hydromethylthionine mesylate (HMTM), a 4 mg oral tablet for the treatment of mild cognitive impairment (MCI-AD) and mild to moderate Alzheimer’s disease.
This application is being reviewed within the scope of the 150-day accelerated assessment procedure, which is used by MHRA to accelerate the availability of medicines for patients in the UK.
We look forward to sharing further updates as the application progresses.
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....
keyman
553 posts
Posted by keyman > 2024-08-08 16:09 | Report Abuse
Hold cash lah safer... Both Warren Buffett and Li Ka Shing would not cheat you...