Posted by neohts > 1 month ago | Report Abuse

no Hero but a lot of coward selling down.
Why willing selling at a loss ?

Posted by mushimushi > 1 month ago | Report Abuse

0nly 7 days left until US election, 9 days left until fed rate cut/hike, 11 days left until Genting Singapore 3rd quarter results.

USD to yen already back to 153, last the market crash when it was 163. Japan might raise rate again, the yen carry trade will collapse the market again

If trump's lost, chaos might ensue, a civil war maybe? If trump wins, Iran will be on fire because he wanted to strike Iran nuclear facilities.

Posted by AngTayKor > 1 month ago | Report Abuse

Posted by neohts > 22 minutes ago | Report Abuse
no Hero but a lot of coward selling down.
Why willing selling at a loss ?
---------------

@neohts, can't say those who cutloss are cowards. Under LKT this stock from 10.00+ to 2.95 before. Last month trader bought at 4.11 n 4.12 i thought it was super cheap liow. Knn today 3.98 if no cut-win I will be buried deep together with those 100m transacted shares bought in September at around that zone.


4 days ago | Report Abuse
Now back to the stock market. For defensive trading strategy, a trader has to first decide on the cutloss price level even before he executes his buy order. Staying very disciplined and sticking firmly to this predetermind cutloss price is very important, no excuses, no changing of mind halfway thru, no emotions or indecisiveness especially when nasty things happen. I have encountered some involuntary long term investors here, some bought at 9.00, 8.00, 6.00, 5.00, 4.80, 4.50, etc. Had their cutloss rules been in place, what is a 5 sen or 10 sen small loss compared to losing 5.00, 4.00, 2.00, 1.00? If a trader decides to buy this stock at say 4.00/4.01, his cutloss level must first be decided beforehand. In this case, I think its prudent have a predetermined cutloss level at 3.95 or lower because if price happens to hit 3.95, the stock is in a very weak position having just made a new low with all support levels already broken (3.96 was the recent low).

Traders stay very very disciplined to their cutloss rules regardless of whatever false hope fantasies that may suddenly conjure inside their fickle mind halfway thru. The trade has obviously gone wrong, a small loss is the best loss. Decisions made beforehand when in a clear state of mind are usually much more prudent. Decisions made in an emotional mental state during market trading time when prices are constantly moving usually dont turn out well. This is how traders trade without stress, survive in the stock market and preserve their trading capital (top priority). Anything can happen in the stock market. Trade entries, position sizing, cutloss level and exit points all already predetermined. Keep the actual trading, execution of buy/sell orders very mechanical without emotions. The stock market will always be there for a trader to make the next winning trade....... only if you still have liquid funds to buy again and not be stuck/buried. Some very useful parts of my long earlier posts I cut them out here:

<Of course trader was wrong before but trader's quick cutloss strategy always in place. Safety First. Defence strategy is more important than attack strategy. You guys should practice defence strategy, then wont end up as an "Involuntary Long Term Investor">

<I do get rejected by her before, but I quickly cut my losses short with no emotions attached.>

Posted by Riaz1954 > 1 month ago | Report Abuse

Genting management morally, ethically, physiologically, corrupt and devoid of ideas. The only way big boss knows how to make money is from other shareholders. He is too old and out of sink with current business trends… does he care? No because his objective of making money is through company structure as he holds 40% of stock!

Posted by Riaz1954 > 1 month ago | Report Abuse

Ceo

Posted by neohts > 1 month ago | Report Abuse

I hope tomorrow could close above RM4.

Posted by Balian de Ibelin > 1 month ago | Report Abuse

Both Gen and GenM ard drifting downwards on basis of earnings and DY decreases.

Final destination could be 3.00 and 2.00

Apply the General Rules that stock price decreases are inevitably due to Whales findings that earnings and DY are going down.

Posted by Balian de Ibelin > 1 month ago | Report Abuse

No worries though.
Both Gen and GenM can blame PAS for closing down casino.

Malaysians only know how to blame.

The laughing stock Malaysian Fried Chicken blamed Boycott.
That's after implementation of Reverse Marketing.
Decreases selling price during lunch break and increases selling price during off peak.
As predicted Revenues fell like a stone due to Reverse Marketing implemented. Many outlets were closed.

Another laughing stock Air Asia never made any money moving people. All profits were made by selling planes.
That's also due Reverse Marketing using a Reverse Ryanair Yield Control Curve.
Blame? Blamed Covid, so convenient. 😁

Posted by ImCK > 1 month ago | Report Abuse

https://www.lowyat.net/2024/336109/indian-company-allegedly-found-shipping-nvidia-ai-chips-from-malaysia-to-russia/ malaysia good job malaysia now be the 1st asean country get tag

Posted by strikemoney > 1 month ago | Report Abuse

Discover the Powerful Chart Patterns For Trading and enhance your trading strategy today

https://www.strike.money/technical-analysis/chart-patterns

Posted by neohts > 1 month ago | Report Abuse

GenB NTA RM8.94.
Now 3.99 half price.
There is no way the company go PN17.

Posted by Balian de Ibelin > 1 month ago | Report Abuse

Taurx RM1 Billion write off
RWLV RM18 Billion write off
Powergen RM6 Billion write off Fusion Reactors operational worldwide in 2030 Also YTLPower seppuku case.
RM6 Billion write off, palm oil without palm trees.
RM2.4 Billion write off lawsuit.

Only known issues. ...so far...😁
Reverse Marketing to destroy revenue case also with Genting pass...

Et cetera et cetera

Posted by Balian de Ibelin > 1 month ago | Report Abuse

No positive
No negative
Just facts
Just mathematics

Posted by Balian de Ibelin > 1 month ago | Report Abuse

No way people go moon. Went moon.
No way build Penang Bridge.
Lim Kit Siang said will jump from Penang Bridge if build. Refused to jump.

No way go PN17.
🤣 => Go PN17?

Posted by neohts > 1 month ago | Report Abuse

https://theedgemalaysia.com/node/731909

Posted by neohts > 1 month ago | Report Abuse

https://asgam.com/2024/10/28/resorts-world-sentosa-seen-outperforming-singapore-rival-marina-bay-sands-in-3q24/

Posted by choysun > 1 month ago | Report Abuse

Short position up again. 8.98m now.

Posted by Peaches L > 1 month ago | Report Abuse

@neohts, someone posted d MBS’ subdued Q3 results earlier and predicted RWS would oso show similar poor results as well. And now, tht post has been deleted after seeing yr news article. How opportunistic tht person cud be trying to spread fear hoping to buy in cheap. Hahaha… 😂

Posted by Balian de Ibelin > 1 month ago | Report Abuse

Maybank is promoting Genting.
Brace for impact of Forced Selling later.

Posted by Balian de Ibelin > 1 month ago | Report Abuse

Buying activity by newbies reduces share prices.

Posted by neohts > 1 month ago | Report Abuse

https://klse.i3investor.com/web/stock/overview/3182

KUALA LUMPUR (Oct 28): Genting Bhd (KL:GENTING) has awarded two contracts worth a collective RM1.36 billion to Indonesian and Chinese contractors to complete the onshore gas processing plant, connecting pipelines and supporting facilities for its floating liquefied natural gas (FLNG) facility that will be deployed in West Papua, Indonesia.

In a press release on Monday, Genting said its 95%-owned indirect subsidiary PT Layar Nusantara Gas (PTLNG) has entered into a definitive agreement with China National Machinery Import & Export Corporation (CMEC) and Shandong Kerui Energy Development Co Ltd (Kerui) for the design, engineering and procurement activities for the onshore gas processing plant, connecting pipelines and supporting facilities (midstream infrastructure). The award is worth US$182.87 million (about RM793.22 million).
PTLNG has also entered into a separate contract for the construction, installation and commissioning of the midstream infrastructure with a local Indonesian company, PT China Construction Yangtze River Indonesia, for a fixed lump sum contract price of IDR2.05 trillion (approximately RM566.79 million).

Posted by neohts > 1 month ago | Report Abuse

https://klse.i3investor.com/web/stock/overview/3182

Resorts World Sentosa seen outperforming Singapore rival Marina Bay Sands in 3Q24
Genting Singapore’s Resorts World Sentosa should outperform its local rival Marina Bay Sands (MBS) for the September 2024 quarter, according to Nomura analysts, citing the latter’s subdued Q3 results announcement last week.

MBS parent Las Vegas Sands revealed during its 3Q24 earnings call that revenues at the iconic property had declined 10% year-on-year to US$919 million, affected by ongoing renovations in Tower 3, and Adjusted EBITDA by 17% to US$406 million, impacted by low VIP hold.
“We reiterate our ‘Buy’ rating on Genting Singapore after MBS’s announcement, as we think investors are likely to look beyond to a 2H24 recovery and expected positive tailwinds from China stimulus,” they wrote. As such, rolling chip volume, mass table drop and slot handle are all expected to show year-on-year growth in FY24 “as we expect progressive improvement in overseas visitor arrivals from China.”

Also maintaining its “Buy” rating on Genting Singapore is Citigroup, noting that it expects RWS to be one of the major beneficiaries from the Singapore-China visa-free arrangement and a solid event line-up in Singapore.”

Posted by mushimushi > 1 month ago | Report Abuse

There should be potential listing in the Bursa Malaysia of the following Genting Subsidiaries
Genting Energy Limited
Genting Power Holdings Limited
Genting Oil and Gas Limited

Posted by Riaz1954 > 1 month ago | Report Abuse

Genting is worst performing share counter in its peer group. Most have achieved 40-90% returns ….whilst this ugly duck has struggled despite revenue recovering and valuation metrics suggesting 50% undervalued. So why? Well we know it’s down to CEO, first as an inept leader completely lacking in foresight and unwilling to hand over reigns to professional independent manager. Secondly he is ethical and his focus is to make money from the company structure by dumping shares from time to time and to exercise party related transaction….passing over is owned assets to company at unreasonable value and also to pass on expenses etc….which I beleive is partly why the US associate is complaint about. All consistent with poor shareholder governance. Any way on the positive side at the current price shares are being snapped up….watch out of TauRX news we may see some bad needs further drop the price before the good news! With this counter all is a possibility.

Posted by Riaz1954 > 1 month ago | Report Abuse

I have been hacked I can’t type ..hence lot of typos …not wowed strong a sentence!

Posted by khengs2003 > 1 month ago | Report Abuse

https://cdcgaming.com/brief/federal-judge-dismisses-lawsuit-against-resorts-world-las-vegas-former-president/

Posted by neohts > 1 month ago | Report Abuse

Another disappointed day.
If you see LKT in Genting highland, let him know he is the most useless CEO in Malaysia. Ask him to step down.

Posted by mushimushi > 1 month ago | Report Abuse

Bad news is to allow market maker to press down the price, but if the market maker not yet finished collecting back the tickets nor yet ready to goreng up, news like this
https://cdcgaming.com/brief/federal-judge-dismisses-lawsuit-against-resorts-world-las-vegas-former-president/

Won't repair the damage done to the price prior to this.

Posted by mushimushi > 1 month ago | Report Abuse

Wow, AngayKlown entire day no comments? GG already?

Posted by AngTayKor > 1 month ago | Report Abuse

Aiya price at 3.99 everyone here GG also la. Traders very mechanical abt trading if 3.95 break, chop without emotions no problem live to fight another day 😎

Posted by neohts > 1 month ago | Report Abuse

Everyday still a lot of people selling down at 4.50 pm. Are they making profit or selling at a loss ? Why ?
No team work.

Posted by ImCK > 1 month ago | Report Abuse

Useless old folk management that why i said empire fallen
they also not interesting in creative offer fintech solution partner with paylater / bank offer installment combo package so make thier luxury hotel room more attractive and more demand

Posted by eagleye > 1 month ago | Report Abuse

Calling @AngTayKor a clown is not correct just because you don't like him.
It takes a real clown to call someone a clown.

Posted by AngTayKor > 1 month ago | Report Abuse

Trader already gave best presents here via prompt exit warnings at 5.20, 4.80+ , 4.50 zones FOC. Jealous detractors of course no fate to receive these precious free gifts la. Still can do non-stop attacks on trader. If 财神爷 bless trader with huat power, trader will kowtow + promise to do more good deeds. If you are 财神爷，will you bless @MC / Jeepon clown or trader?

Posted by AngTayKor > 1 month ago | Report Abuse

Posted by AngTayKor > 5 days ago | Report Abuse

MM ah, lets not spoil mood for all readers. Here post stock market + latest news + FA +TA etc. @Riaz is a senior member here already complaining abt us liow, other users also complaining. Lets be automatic ya.

Peace out ✌
-----------


Mushi ah for the sake of the readers here, lets be automatic ya.

Peace out ✌

Posted by Balian de Ibelin > 1 month ago | Report Abuse

Peace out means => No more stocks of peace. It's now War.

Meaning either you die or I die.
Ukraine war in Jalan Alor between Japanese Clown and TAK. See who dies first. 🤣

Posted by newbie2019 > 1 month ago | Report Abuse

no way for price to go up if shorted so heavily?

Posted by keyman > 1 month ago | Report Abuse

Cannot beefing of others for shorting... Maybe is the boss himself.. Just ask ourselves why we dont have the foreseen as they do.

Posted by Balian de Ibelin > 1 month ago | Report Abuse

No one else has the units to short.

I am a Clown.
So I recognise 3 clowns here.
2 Singaporean Clowns and 1 Japanese Clown, all 3 Clown buying buying while the Master shorts. 🤣

Posted by choysun > 1 month ago | Report Abuse

Short position 9.46m, still going up 😅

Posted by newbie2019 > 1 month ago | Report Abuse

walao…. kintio these shorties

Posted by newbie2019 > 1 month ago | Report Abuse

sot kao kao

Posted by kent9988 > 1 month ago | Report Abuse

还在跌 为什么有卖不完的票 跌到怀疑人生了

Posted by newbie2019 > 1 month ago | Report Abuse

next 3.8 then 3.5

Posted by newbie2019 > 1 month ago | Report Abuse

short…. no need tickets to sell…. just short and buy back later

the crazy of trading

Posted by keyman > 1 month ago | Report Abuse

还是那句话 如果公司是ok 的 那为什么大股东不买 sbb一下也好。烂透了。真庆幸早放了

Posted by keyman > 1 month ago | Report Abuse

Michael Now believe or not what I told you before. This boss not talented, greedy, selfish. And you choose to trust him..

Posted by keyman > 1 month ago | Report Abuse

最后搞到没脸见人... 何必咧🤭

Posted by UncleFollower > 1 month ago | Report Abuse

Wah GENT! Kelian

Posted by UncleFollower > 1 month ago | Report Abuse

We live in a world where speedmart and diy is worth 20B each, while genting is worth 15b. wow.