Posted by newbie2019 > 2 weeks ago | Report Abuse

good idea… buy some at 3.5 and buy more at 3.0

Posted by newbie2019 > 2 weeks ago | Report Abuse

later I short and buy back at 3.5 and 3.0

Posted by newbie2019 > 2 weeks ago | Report Abuse

all in (RM10k) lol

Posted by choysun > 2 weeks ago | Report Abuse

10k is considered all in? No meat la :p

Posted by newbie2019 > 2 weeks ago | Report Abuse

i think the short will
be until Taurx news… became Taufu and all time low at 2.5??

Posted by choysun > 2 weeks ago | Report Abuse

No la, 2.5 will be black swan event dy. Getting it to breach 3 will be a challenge. If really then surely many will all in. :p

Posted by neohts > 2 weeks ago | Report Abuse

If 2.50 all in.
As the price getting lower,
PE ratio also getting lower.
Dividend % getting higher.

Posted by LGMGL > 2 weeks ago | Report Abuse

hopeless.. early morning hits 4years new low again.

Posted by GS > 2 weeks ago | Report Abuse

I strongly believe market has price in the negative news of Genting, potential to rebound once Bursa has official announce it.

last Quadruple witching days for this year is on December 20, 2024. Investor/fund may take the opportunity to rebalancing on that day

Posted by HKHedgeFund > 2 weeks ago | Report Abuse

MYR 2.6 billions is not a small amount, almost 35percent of it's market capital gone

Posted by Pinky > 2 weeks ago | Report Abuse

OKU running minimart > Lim family

Posted by prettygal > 2 weeks ago | Report Abuse

Why not wait till tomorrow? Should be a lot cheap on a Friday plus the bad news.

Posted by AngTayKor > 2 weeks ago | Report Abuse

MM ah, why you didnt listen to trader's advice cutloss at 3.95 + Sell At Rebound 3.90 zone? Several "come-back rescue boats" for MM to exit his bad position, why MM didnt quickly board them? MM enjoying your bad karma ride to abyss so far? Serving main course soon. Do stay on for dessert + after-meal drinks. Dont vomit hor.... Most importantly dont do evil roti prata bad karma deeds here la. Karma is real, it will come back and seek you out.

Posted by Peaches L > 2 weeks ago | Report Abuse

In my humble opinion, 99SMart is just ‘too young’ to b promoted and b represented on d FBM KLCI as a constituent. To remove esp. GenT fr it undermines stability of d index to a large extent due to GenT’s highly diversified biz portfolio. The FBM KLCI constituents must b resilient to weather any biz volatility and challenges faced to reflect d overall economic sentiment and pulse of d capital market.

Posted by princehero > 2 weeks ago | Report Abuse

Shit.. keep dropping

Posted by choysun > 2 weeks ago | Report Abuse

Here comes the shorts again :p

Posted by penangmeow > 2 weeks ago | Report Abuse

https://www.channelnewsasia.com/singapore/rws-casino-resorts-world-sentosa-integrated-resorts-4786031

Posted by prudentinvestor > 2 weeks ago | Report Abuse

At RM2.48 a share, 99Speedmart is trading at a prospective PE of above 40. None of the KLCI bank component counters are trading at a prospective PE of above 13. The average PE of all KLCI component counters could be in the region of 16 to 17. Can't think of any component counter trading at a PE of over 40.

Posted by KooSan > 2 weeks ago | Report Abuse

3.50 KAMBING !!!

Posted by Calvin2025 > 2 weeks ago | Report Abuse

99speedmart-i think, just my opinion is overrated and overprised so much...

Fact is : go check out every township, there are many of them, even in same areas, too many of them, and go wait infront of the shop, stay one whole day, check on weekend and weekday..you will know what is thier true revenue...

Posted by Calvin2025 > 2 weeks ago | Report Abuse

there are this Mr. DIY, and CO2...all those penny shops flooding the market...and this 99 speed marts can tahan that long?

Posted by Calvin2025 > 2 weeks ago | Report Abuse

go check thier true sale volme daily u will know how much is thier revenue...but one good things is that, thier sale, people don;t claim any tax relief from the purchases receipts
so up to them, to claim whatever number in thier sale revenue
they can even claim billions of sale volume....coz thgis kind retail biz the receipts are not important.

Posted by HKHedgeFund > 2 weeks ago | Report Abuse

Short-sighted, 99 speed mart 2,697 outlet will increase to 3700 outlet 2025, once football betting, da ma cai, or those items need buyers to get it immediately like covid test kit or another, where you want to buy ？after spreading its business to South east Asia, next will be Asia, Direct manufacturer begging for product sold in 99

Posted by Peaches L > 2 weeks ago | Report Abuse

There’s not even d slightest doubt in my wildest dreams tht GenT’s biz model is anytime much more resilient than 99SMart’s and such a distinction is so obvious even to a normal layperson on d street. To hv 99SMart representing in d FBM KLCI is precarious as tht’s an important yardstick for foreign investors to evaluate a market’s attractiveness for them to plough their money into.

Posted by KooSan > 2 weeks ago | Report Abuse

Seriously who here shop at 99SMart? Unless you are a bangla...

Posted by AngTayKor > 2 weeks ago | Report Abuse

Traders dont bother to argue with KLCI regulator's decision. Their decision is final with no appeal.

We cannot direct the wind but we can adjust our sails accordingly.

Hope this is a good wake up call for LKT to stop shortchanging shareholders with his RPTs, poor performance yet fleecing shareholders with his 200m yearly salaries. dumping 30m shares in the open market, etc. These acts of LKT will seriously affect share price to such an extend that the company finally kena booted out of KLCI.

Posted by Peaches L > 2 weeks ago | Report Abuse

@ATK, I guess stock price performance is not a KPI for LKT to meet in order to justify his annual remuneration. Something which we cud propose in AGM for consideration to b implemented.

Posted by prettygal > 2 weeks ago | Report Abuse

99 speedmart founder is a genius, he only used RM 500 millions to build a RM 20 billions empire. While Genting is investing another SGD 6 billions on Genting SG expansion, betting on 10-20% revenue increment? That's very poor investment decision. I think investors are betting on the founder not on the company.

99 speedmart founder is the Steve Job of Malaysia.

Posted by Peaches L > 2 weeks ago | Report Abuse

I mean, LKT’s remuneration comprising of stock option plus cash.

Posted by ssboy > 2 weeks ago | Report Abuse

Wtf of genting, year end promotion... 😅

Posted by Peaches L > 2 weeks ago | Report Abuse

Just let d ride to abyss plays itself out on its own. And, watch it with a strong heart and mind.

Posted by prettygal > 2 weeks ago | Report Abuse

Genting spent RM 490 millions on Taurx, but no results after 20 years. He could have spent the money building a 99 speedmart like store chain back then, and the results will be immediate, and by now LKT could have been chain store should have already conquered South East Asia and beyond. Genting's 99 speedmart could have worth RM 150 billion by now.

Posted by Peaches L > 2 weeks ago | Report Abuse

@prettygal, well said 👍👍👍😆😆😆

Posted by AngTayKor > 2 weeks ago | Report Abuse

Posted by mushimushi > 3 weeks ago | Report Abuse

Your friend cut loss already, but I'm still hanging on. I will cut loss at 3.90, very depressing now. Anyone big short can help end my suffering?
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I am throwing my Genting shares, my cut loss is 3.80. please help end my misery.
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No, I will only cut loss when 3.80, any big short please help end my suffering.
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I will cut some losses at 3.65 please help end my suffering.
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I will sell all if it drops to 3.60, I cannot handle the pain anymore. I hope someone will help end my suffering the soonest possible.
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2 weeks ago | Report Abuse
@Peaches L, you are wrong. I wanted to cut loss actually. I already all in long ago. My average price around 5.80. I didn't cut loss when the price hit it's high at 5.30 during pandemic recovery. I already stucked holding Genting more than 6-7 years, I lost count already.
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6 days ago | Report Abuse
I bought a lot at 3.75-3.8 while you tried to trick others to sell in the past few days.
As of today, my current AVG price is at 4.05. so thank you for that.
*******************



Aiya we are all ikan bilis here. Nobody believe or care abt your BS and stock positions la. Your own money you decide lo... win or lose your problem. But there is an important lesson here:

DON'T BE STUBBORN AND KEEP FIGHTING AGAINST THE TREND

.

Posted by newbie2019 > 2 weeks ago | Report Abuse

buy…. all in…. RM10k lol

Posted by Peaches L > 2 weeks ago | Report Abuse

I hope everyone here is still in one piece persevering d onslaught.

Posted by ngwt > 2 weeks ago | Report Abuse

Got any sifus recommended to buy GENTING or GENM? What is the best price to start accumulate slowly ?

Posted by prudentinvestor > 2 weeks ago | Report Abuse

https://wargabiz.com.my/2022/02/07/meet-the-10-highest-paid-ceos-in-malaysia-gentings-ceo-tops-the-list/#:~:text=The%20highest%2Dpaid%20CEO%20in,Richest%202021%20and%20Billionaires%202021.
Tan Sri LKT is the highest paid CEO in Malaysia. In view of Genting's dismal performance over the past year, he should forego all his remuneration.

Posted by Peaches L > 2 weeks ago | Report Abuse

Wat a stark difference between #1 & 2 with #3!!!

Posted by planta2 > 2 weeks ago | Report Abuse

Everyday new low wow

Posted by Junkit Ng > 2 weeks ago | Report Abuse

GEN is the better buy. GENM is only good if LKT win his forex bet for Q4

Posted by AngTayKor > 2 weeks ago | Report Abuse

His 200m salary is 10 times more than number 3 position. Totally out of reality. KNN so obvious LKT milking way too much....... to the extreme liow, treating his listco shareholders as fools. Blxxdy F.arker.

Posted by Peaches L > 2 weeks ago | Report Abuse

Not 10 times lahhhh. Just over 5 times more than #3 combining both GenT & GenM. Entity-wise, LKT’s salary at GenT is slightly over 3 times more than at GenM while, at GenM is slightly over 1 time more than #3.

Posted by ImCK > 2 weeks ago | Report Abuse

if look at ebitda genting is growthing if you want shoot you only can shoot why capex invest not match with return depreciate to EBITDA is nearly half 50% when 2019 was 33% depreciate to EBITDA this 10% of increase = 800m reflect in net profit

Posted by ImCK > 2 weeks ago | Report Abuse

the problem is still BIG CAPEX low return
management keep focus EBITD growth but never have someone told them the main problem is the ROA return is very weak showing their performance problem is BIG CAPEX low return .

Posted by Peaches L > 2 weeks ago | Report Abuse

Comparing with CEO of Maybank, LKT’s salary is almost 20 times more. And yet, LKT is just smelling his fumes and biting d dust in terms of market capitalization. How ridiculously different are their salaries as if it’s like between day and night.

Posted by ImCK > 2 weeks ago | Report Abuse

you cannot blame thier profit no growth in fact profit & revenue is growthing but profit growth slower than CAPEX so nearly 50% of EBITDA is in non cash item
they re best of the best management but the result quite dissapointed
for REINVEST KPI is failure

Posted by ImCK > 2 weeks ago | Report Abuse

they need go haidilao and go sunway lagoon survey how is the trend all famous theme park only genting dont have night ticket sell gamuda sunway icity also got night park ticket .

Posted by ImCK > 2 weeks ago | Report Abuse

need fire the old school management because they re road blocking to genting do better
people sell annual pass + vip ticket stragegy they still aiming selling normal ticket in live
really BODOH sales & marketing team . should promote more annual pass let the theme park flood then promote vip ticket double earn

Posted by Balian de Ibelin > 2 weeks ago | Report Abuse

Your screaming is very unreasonable because the lowest returns by industry is in hospitality business.

Thats why certain mainline businesses like Hong Leong Group never did any hospitality business until they had tonnes of money to throw away for "fun purposes".

Investors in Hospitality and Airlines do it for fun.
These 2 businesses can never compete with others like tech etc etc
No point screaming.

If you are here.
I must assume that you are also throwing away your money for "fun purposes."

If you are a Genuine Investor => Go Away. Look elsewhere. If money is important to you, you came to the wrong place to make money.