Genting Plantation profit 85M, Dividend 8sen, anyone can help to calculate GenS+GenP still short of how much to achieve 480M? (Stock: [GENTING]: GENTING BHD 1 week ago | Report Abuse Genting QR to be released after market tomorrow 22 August. This time expecting Genting Plantation contribute bigger portion, GENM contribute higher than last Q to compensate disappointed Genting Singapore. Can 480M be achieved? Dividend 7sen? Dividend 7sen?)
Posted by MoneyMakers > 1 hour ago | Report Abuse AngTKlown Since today very good day, i’ll give u free lesson Any shares pledged can be forcesell if loan default - doesnt matter pledged for what loan Example: pledge shares A for loan A..pledge shares B for loan B If default loan A, bank can forcesell pledged shares A or B or both..vice versa ‘Purpose’ (which loan) of shares pledged doesnt matter ---------
After 2.5 years MM you are still so dumb. Read my previous post 2.5yrs ago la. Always must make me recycle old posts.
Posted by MoneyMakers > Feb 15, 2022 5:04 PM | Report Abuse LKT 570Mil pledged shares alrdy worth 2.5B Banks no need get highest share value..open market force-sell alrdy enough cover huge chunk GHK loan Still got other GHK assets can sell somemore --------------------- Posted by MoneyMakers > Feb 15, 2022 5:32 PM | Report Abuse Dont be naive..nothing posted here can affect share price..just 4 own decision-making ----------------------
Posted by AngTayKor > 2022-02-15 23:58 | Report Abuse
Its true what you posted will not move the share price but it is not right for you to spread false unverified news publicly here.
Yes LKT pledged some of his GentB shares. No outsiders know what those pledged shares are for what purposes. Only the Lim family and the bank that took those GentB shares as collateral will know. The bank is bound by banking confidentiality laws to stay silent. Only the Lim family can verify what those pledge GentB shares are for. My best guess is that it could be for the massive rm10B Genting Ski resort project, the showcase venue for this Beijing Winter Olympics. It could be for their other personal projects, etc. We wont know unless LKT self-declare.
I have friends who will immediately get their banks to remove their personal guarantee for all corporate bank loans after their companies go IPO. They dont do personal guarantees or pledge their personal assets for the public listco corporate loans. Why should public shareholders get this free ride on their personal guarantee or their pledged personal assets to secure public listco corporate loans? Its a public company.
LKT is smart enough to ring-fence corporate debts and liabilities of GHK away from all other Genting group of companies. He and his team of advisors will surely use the same ring-fence strategy for GHK corporate loans and the Lim family prized assets like GentB shares (which is the controlling parent company for GenP, GenS, GenM, RWLV, etc). You think LKT is so stooopid to pledge his prized assets for GHK's (public listco) corporate loans, knowing very well that GHK has the highest chance of corporate bankruptcy among all the genting companies? Even SI88 also know since 2020 that GHK is the weakest company. "When is GHK sailing home?".... "When is GHK sailing home?"...Use you grey matter and think la.... even SI88 is smarter on this aspect.
Assuming at worse case scenario LKT may have pledge his personal GHK shares to secure more GHK corporate loans like playing showhand tactic so that corporate banks will not pull their support for GHK resulting in GHK bankruptcy. LKT is fully aware that those pledged GHK shares will be near to worthless anyway in the event corporate bankers pull their support for GHK. What is there to lose for LKT if he has pledged his personal GHK shares for GHK corporate loans? Nothing. Those GHK shares dont worth much anyway during bankruptcy.
Next, you are confused with liquidators and the bank that accepted those pledged GentB shares. Those GHK liquidators were hand chosen and appointed by LKT and the liquidator's job is to find the best outcome, price, etc so that creditors and interested parties can salvage the most out from this bad GHK situation. Liquidators dont have the power to force sell pledged shares. Its the bank's job to do it. But again, we dont know what those pledged GentB shares are for what personal loans in the first place. It is ridiculous and very irresponsible for you to spread false news publicly.
AngTKlown Whats ur prob which part u think is wrong -----------
The problem is your English comprehension fail + you very dumb + spreading malicious false rumours on public social media platform. You lucky LKT didn't see your malicious rumours else he will surely hunt you down n sue your axx off.
Posted by mushimushi > 1 minute ago | Report Abuse Wah wah wah!!!!! GenP best dividends in the last 8 quarter, Genting more huat each passing quarters. Tomorrow gap up lor. ATKlown this time GG already. Shorting not always win, but scamming through whaz app has 0 risks and 100% win. Better give up shorting Genting lah, else you lose until your mother cannot recognise you lor. ---------
Go n ask your mother why you so delusional keep making false accusations on others shorting this stock blaming others for your investment losses.
Go n see the stock price la from 8.00 you bought drop to almost half no eyes to see liow start delusional accusations others are scammers / shortists etc.
AngTKlown I alrdy show how pledged shares can forcesell (purpose what loan doesnt matter)
Now I’ll show where u wrong just by this post: =========== “Posted by AngTayKor > 2022-02-15
(1) Yes LKT pledged some of his GentB shares. No outsiders know what those pledged shares are for what purposes. Only the Lim family and the bank that took those GentB shares as collateral will know. The bank is bound by banking confidentiality laws to stay silent. Only the Lim family can verify what those pledge GentB shares are for. My best guess is that it could be for the massive rm10B Genting Ski resort project, the showcase venue for this Beijing Winter Olympics. It could be for their other personal projects, etc. We wont know unless LKT self-declare.
(2) I have friends who will immediately get their banks to remove their personal guarantee for all corporate bank loans after their companies go IPO. They dont do personal guarantees or pledge their personal assets for the public listco corporate loans. Why should public shareholders get this free ride on their personal guarantee or their pledged personal assets to secure public listco corporate loans? It’s a public company.
(3) LKT is smart enough to ring-fence corporate debts and liabilities of GHK away from all other Genting group of companies. He and his team of advisors will surely use the same ring-fence strategy for GHK corporate loans and the Lim family prized assets like GentB shares (which is the controlling parent company for GenP, GenS, GenM, RWLV, etc). You think LKT is so stooopid to pledge his prized assets for GHK's (public listco) corporate loans, knowing very well that GHK has the highest chance of corporate bankruptcy among all the genting companies? Even SI88 also know since 2020 that GHK is the weakest company. "When is GHK sailing home?".... "When is GHK sailing home?"...Use you grey matter and think la.... even SI88 is smarter on this aspect.
(4) Assuming at worse case scenario LKT may have pledge his personal GHK shares to secure more GHK corporate loans like playing showhand tactic so that corporate banks will not pull their support for GHK resulting in GHK bankruptcy. LKT is fully aware that those pledged GHK shares will be near to worthless anyway in the event corporate bankers pull their support for GHK. What is there to lose for LKT if he has pledged his personal GHK shares for GHK corporate loans? Nothing. Those GHK shares dont worth much anyway during bankruptcy.
(5) Next, you are confused with liquidators and the bank that accepted those pledged GentB shares. Those GHK liquidators were hand chosen and appointed by LKT and the liquidator's job is to find the best outcome, price, etc so that creditors and interested parties can salvage the most out from this bad GHK situation. Liquidators dont have the power to force sell pledged shares. Its the bank's job to do it. But again, we dont know what those pledged GentB shares are for what personal loans in the first place.”
AngTKlown - read&learn ======== (1) Alrdy explain ‘purpose’ which loan doesnt matter - all can forcesell after default
(2) Bank ask personal guarantee/asset pledge & directors agree - whats ur prob??
(3) & (4) unrelated rambling (skip)
(5) Liquidators arent ‘handpicked’ by LKT..part of liquidators job is investigate why mgmt fail/bankrupt (fraud/mismanage etc) - liquidators ‘handpicked’ by LKT is CONFLICT OF INTEREST
Initial bankruptcy phase LKT choose ‘PROVISIONAL’ liquidator - transfer power from mgmt to liquidator (BOD no more power after bankruptcy)..eventually bank/court appoint ‘PERMANENT’ liquidator
Liquidator no power sell any pledged shares but they’ll discuss with bank how to recover bad loans..if both agree best action is forcesell shares - then bank forcesell lo
End repeat “we dont know what those pledged GentB shares are for what personal loans in the first place” - DOESNT MATTER DEYYYY
************************************************************************** IN TRAUMA THEREOF, MM WILL CLAIM HE PROVED OTHERS WRONG 🤣🤣🤣 **************************************************************************
Posted by MoneyMakers > 4 hours ago | Report Abuse AngTKlown Since today very good day, i’ll give u free lesson Any shares pledged can be forcesell if loan default - doesnt matter pledged for what loan Example: pledge shares A for loan A..pledge shares B for loan B If default loan A, bank can forcesell pledged shares A or B or both..vice versa ‘Purpose’ (which loan) of shares pledged doesnt matter ------------------ Posted by MoneyMakers > 1 hour ago | Report Abuse AngTKlown Seems u got nothing left ********************
Yes @MM are you very "clever" indeed.... Wahahahahha........ so funny! 🤣🤣🤣🤣🤣
Posted by AngTayKor > 4 hours ago | Report Abuse For delusional MM: 1. Will LKT pledged his personal GenB shares for public listco GHK corporate loans? => NO. 2. Did GHK liquidator/ creditors force sell any "MM supposed" pledge GenB shares in open market to recover GHK corporate loans? => NO. Stop spinning BS here la ------------------
Posted by MoneyMakers > 4 hours ago | Report Abuse AngTKlown Since today very good day, i’ll give u free lesson Any shares pledged can be forcesell if loan default - doesnt matter pledged for what loan Example: pledge shares A for loan A..pledge shares B for loan B If default loan A, bank can forcesell pledged shares A or B or both..vice versa ‘Purpose’ (which loan) of shares pledged doesnt matter ------------------ Posted by MoneyMakers > 1 hour ago | Report Abuse AngTKlown Seems u got nothing left ******************** Yes @MM are you very "clever" indeed.... Wahahahahha........ so funny! 🤣🤣🤣🤣🤣
****************
@MM nobody can "win" you because you keep spinning BS to cover your BS again and again. You are really the king of BS and full of shit! 🤣🤣🤣🤣🤣
@StakesAreHigh, agreed. However, this guy likes to attack others all the time while he dislikes and disparages them when they reply and respond to his attacks.
So, StakesAreHigh, would you reply and respond in defence when you are being attacked for no justifiable reasons.
Summary, He wants to ATTACK OTHERS all the time. He wants to CONTROL OTHERS all the time. He wants to FIGHT all the time. He wants to be RIGHT all the time. He wants to WIN all the time.
So, if he attacks you in his posts, do you just lie down and let him stamp on you ?
Genting Plantations’ 2Q net profit rises 20% on higher palm product prices KUALA LUMPUR (Aug 28): Genting Plantations Bhd’s (KL:GENP) net profit for the second quarter ended June 30, 2024 (2QFY2024) rose 19.94% to RM85.12 million, compared to RM70.97 million over the same period a year earlier, due to higher palm product prices.
Earnings per share for the quarter rose to 9.49 sen from 7.91 sen, its bourse filing showed. Revenue dipped 6.05% to RM757.16 million from RM805.95 million, owing to lower sales volume at its downstream manufacturing business.
The group declared an interim single tier dividend of eight sen per share, to be paid on Sept 30.
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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....
MoneyMakers
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Posted by MoneyMakers > 2024-08-28 17:07 | Report Abuse
AngTKlown Since today very good day, i’ll give u free lesson
Any shares pledged can be forcesell if loan default - doesnt matter pledged for what loan
Example: pledge shares A for loan A..pledge shares B for loan B
If default loan A, bank can forcesell pledged shares A or B or both..vice versa
‘Purpose’ (which loan) of shares pledged doesnt matter