Kudos to those who are resilient and managed to get the lowest past few days. Numbers don't lie and potential uptrend detected. New Government new leadership, RM strengthening, Bursa value is more convincing, China is very closed to opening up and oil price below 80 per barrel. Bargain hunting across the board and festives seasons are coming..
Not a good result to me, 4-5% revenue increase over Q2. Additional exchange gains and lower impairment losses gave a small boost. At least cash on hand improved by around 150m. Based on the hype and visitation, I would've expected to see much better results.
The suspense moment have passed. Any small positive numbers will definitely boost the share price sentiment higher. The tide has changed and long term confidence is back. At least for now.
is getting better and better, all the countries like US, UK, SG all making profits. this is good sign, give more time GenM will sure come back plus now the GenM casino threat is no more with DSAI won the PM post
Next GE16, Pas will kaw tim Parliament? More Undi 18 vote for Pas. No joke. But this 5 years, Genm is still safe. Genm must invest in Macau to prepare for GE16. No risk, no gain lah.
DestinyL Macau increase investment lagi? They think casino business really money printers? 25/11/2022 12:15 PM
Anwar's appointment as PM makes headlines worldwide Author: savemalaysia | Publish date: Thu, 24 Nov 2022, 7:34 PM
KUALA LUMPUR: News of Datuk Seri Anwar Ibrahim's appointment as Malaysia's 10th Prime Minister has gone worldwide.
Major news outlets around the world highlighted the appointment — marking the end of a political impasse following the 15th General Election (GE15) last Saturday which resulted in an unprecedented hung Parliament, which also received a wide international media coverage. It also marked the end of almost three decades of struggle for Anwar to see this day.
Anwar, 75, was appointed by King Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah after His Majesty chaired the Malay Rulers' special meeting at the Istana Negara this morning.
Among media organisations that flashed the news on Anwar's appointment were BBC, CNN, Xinhua, CGTN, Nikkei Asia, Indonesia's Antara News and Singapore's CNA. Reuters, Al Jazeera and other international news agencies too delved into the appointment.
@income your fortune telling is too far away to be true. 5 years down the road many more 18 to 23 years can vote and these new voters may not vote the same
Could it also have been a ploy by the Macau government to "incentivise" the 6 incumbent operators to further pump money by getting GMM to place a bid? Who knows
Its a very good news GENM failed the MACAU Bid, as it does not have to fork out billions investment for MACAU bid.
Long term wise, it could be good also, as every investment comes with risk. Macau is a very highly competitive market, no one can guarantee GENM will be sure win in long term having succeeded in bidding for GENM. What if GENM make loss?
So think positively, it can be good news too that GENM failed the MACAU bid.
GIven the notorious human trafficking scandal in Cambodia, GENM should attract many more tourists in near future...and the fact Federal and Pahang state goverment formed, the situation may be favourable for GENM. The QR report aleady show profit...Things can become better and better for GENM, especially if China open border.
Now more and more protest in CHina, this will pressurize the chinese giverment, soon we can expect a full open border, this will be very good for GENM very soon.
Disclaimer: Just my opinion. not a buy call or sell call.
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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....
TonsilBasher
535 posts
Posted by TonsilBasher > 2022-11-24 21:17 | Report Abuse
good result. some more Anfar become PM. Tonight really syiok ah. Need to go Bukit bintang to Chiew Keng Liao