Posted by Junkit Ng > 1 month ago | Report Abuse

Just to gv u a view on how profitable this trade will become when USD eventually crash with the US 02y tbill.

april 2024 peak was 5% by the time we reach sep 2024 it was 3.51%, we went from 1usd=4.79myr to 1usd= 4.12myr. thats a whoping 14% risk free move in a few month. Now all of us know yeilds are going down no matter what be it 0.25% like my guess or 2% if u believe in the fed a 1.5% move devalue the USD by 14% what would another 3% devalue it? rough guess is around another 25% making it to rm3=1usd. (THIS MIGHT LOOK LIKE EXAGERATION BUT IF U OPEN UP MYR/USD chart and look at 08 and 20 u will see it happen "1999 data is incomplete cuz malaysia pegged to USD")

Posted by Junkit Ng > 1 month ago | Report Abuse

Hence to my point, i am betting on "genting" not gentingm. Genting M might be a lotto ticket when LKT bet comes to fruition. However as of now its the vessel for this play and its a retail stock so those that doesnt understand his play will panic sell like most uncle and auntie that dont understand bond do. (They see forex gamble they scare then create rumour so their friend sell with them). In reality a lot of big funds like fidelity and black rock have been increasing their holding Genting (mother stock) quietly day since early Q3 of 2023. Genting might be hit when the blackswan that cause everyone to find safe haven happens but it beats being in stocks like 99smart that will surely crash to oblivion when the blackswan hits.

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

Humans like to feel comfortable by expecting....
1) the future will repeat exactly like the past.
2) the same proportional cause and effect will continue.
3) repeating the same actions will cause exactly same result.

So sorry to tell you, your mum is wrong.
1.5% = 14%
so 3% = what
Guess what ....... 3% is not 25% as you guessed.
Much more than a thousand factors are easily not the same.

Ha ha ha
Kikikikiki

3% = could be - 14% (negative, it has inverted)
I am not saying this will happen later. I am just open to non-linearity in real world cause and effect results.
Better stop guessing and look at the real world results later. 🤣

btw that's how LTCM went bankrupt.... similar wasted logic..
that does not work 🤣

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

You missed the point entirely because KLT did not do any forex gamble at all.

KLT borrowed forex to do forex investment and matching tenures.

There is zero gamble when usd returns are used to repay usd loans.

The problem came about because there is zero usd returns if the usd investment is making losses.

So GenT is forced to bleed GenM mother currency RM to convert to USD to repay USD loans. 🤣
This was NOT in the original rosy plan that predicted future same as past. Blah blah blah. This is a typical fatal error.

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

Typical Chinaman quote all my clients tell me.
Money covers all sins.

Well in this case, there is no money, only losses.
So how to cover anything?
So => puncture GenM artery and bleed it dry.... 😁👍🤜

Posted by Junkit Ng > 1 month ago | Report Abuse

Bro what are u on about we are not talking about future and past u think we are gambling on taurex, past approval = future approval meh. We are talking about bonds and yield here, if u know u know, if u don't know then u can only say 3% = -14% negative, it has inverted. Of course its reverted, DXY tend to go up during the initial rate cut look at 01, 08, 20 and now 24. The point of his trade is that as long as he can cover he will be profitable at the end cuz the initial reaction of the fed cut will be risk asset going ham, yield and DXY rebounding then suddenly everything dump and market return to normal after the wipeout.

By the way u know what forex is or not? Forex in retail = shifu tell u to buy USD with margin then u get wipe out. Forex in business is dif, they take out loan of a nomination they know will depreciate then repay the loan when it depreciate in this case the nomination is USD. They borrow USD when USD its valuable spend it then repay it when its toilet paper (after it crash).

I normally tend to converse with others so i can get their side of the view but with u its like talking to a self proclaim trader that cant read financial statements and understand how yeild affect everything. I get that u are defensive but man at least have some gut in admitting u are out of depth rather than joking with quotes and misleading statements. Lean to read balance sheet again look at their cash reserve 3,516million in cash and cash equivalent how did u come to the conclusion No money only loses even the net foreign exchange differences close to being covered after u include Q4 results. Worse case scenario they end with slight profit after covering net foreign exchange with Q4 profit, best case scenario yields crash Q1 next year and his pays back 30%-40% less than what he borrowed.

Posted by Junkit Ng > 1 month ago | Report Abuse

https://www.tradingview.com/chart/fqwA94vo/?symbol=TVC%3ADXY

here is a link to DXY (dollar strength index with a fed funds overlay), i dont know if u understand advance monetary policy but once u look at this u should understand LKT end game.

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

Actually if you are in tune with the current economic situation, you will already know that so far the years 2019 to 2024, nothing had worked.

Many just blindly inserted current data into old formulas that worked 50 years ago to no avail.

The past totally failed to predict the years 2019 to 2024.
Like I already hinted above. More than a 1,000 factors are not the same.

Sahm Rule failed.
Liz Truss failed.
This is very illustrative because the Kwasi Kwarteng mini budget failed.
Essentially Liz Truss was sacked by the bond market.
That's the same bond market which you allegedly claim to be expert in.

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

Still insisting there is a USD vs RM component?

You are giving KLT more credit than he is capable of receiving.

GenT/GenM investments are all USD vs USD.

When there are losses = No USD

That's where RM come into play.

Are you saying KLT is extreme smart to make sure all USD investments go into losses so need RM repayments?

Please stop all your imaginations on USD vs RM.

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

Please dun twist USD vs USD into any RM component.

The RM component happened due to USD losses.

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

Repeat for last time.

There is no USD vs RM.

RM happened due to USD losses

Stop twisting and turning to help out your Boss.

Are you saying KLT deliberately planned to have USD losses?
Kikikikiki
🤣

Posted by Junkit Ng > 1 month ago | Report Abuse

U sir are truly regarded. ask urself this what is forex and where is GenM based in.

They borrow USD spend said USD on stuff (we dont know what), then they clear their books based on MYR. When USD eventually drop they just convert MYR to USD to pay said loan. Its simple as that what the heck are u talking about USD VS USD like u cant get USD from anywhere else.

Posted by Junkit Ng > 1 month ago | Report Abuse

either way time will tell, spending so much time conversing to the guy that cant read a QR report and see 9month and 3 month has really taken a toll on me. Its hard to believe u made 14k comment with this kind of level, alas i hope u dont gamble all ur shit shorting the market cuz u think they will go bankrupt and word of advice if u have time to chat with a glass half full and copy quotes from economist u might as well use that time to learn about Federal monetary and how they work, once u understand how they work u will look back to ur current comment with doubt.

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

If you insist KLT deliberately planned to have USD losses so need RM repayment both you and him should be escorted out of Genting office by security guard.
🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

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

I have no doubt at all KLT never planned for his US companies to go bust so need to repay USD with RM.

It's been entertaining as my friend always tells. => You will never cease to be amazed by the utter stupieeeeedity of men......

Hell! who deliberately plans to go bankrupt?

Posted by Junkit Ng > 1 month ago | Report Abuse

time will tell man, currently the options I am seeing is u a random dude on the internet that cant read a QR report properly, believe LKT is dumb and he cant hold out his forex gamble even though he has 2billion in cash and all while preaching Genting will be bankrupt in 4y

VS

LKT a man at the helm of a 30billion empire with multiple financial team that's advising him& his board members to bet on the fall of USD like all the big corporations are doing. With DXY, US02Y, FED FUNDS RATE all showing reoccurring signs that US yield will crash the USD soon.

I dont know man the signs are clear i am staying with LKT cuz no matter how it seems, following the dude that cant read a QR report is "suicidaire"

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

Lost discussion
now becomes a default Mongoloid DNA logic.
This explanation is reserved only for normal people.

My accounts clerk handles this daily..

Converts RM446 to USD100

Buys item X for USD100.00

Sells item X for USD110.00

Profits USD 10 remains inside USD bank account with HSBC Bangsar.

There is no RM component involved other than initial conversion.
And or
Initial conversion when you borrowed USD100 as a USD loan

However if your USD 100 loan to build a casino now getting losses.
You will need an RM component to repay USD losses every year.

As you can see. You did not plan for your USD investment to have losses so that you repay in RM.

Your investment was in USD from your USD loan.
You repay your USD loan from USD investment profits.
No Profits how?
Puncture GenM to get RM and convert to USD to repay loan.

It's always USD vs USD.

Comprende?

Posted by xiaoeh > 1 month ago | Report Abuse

what will make gambling business great again?
let's brainstorming...?

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

The whole Irish Troubles actually started when the Orang Kampung Sucker did not know that you can actually keep a USD account at the bank, any bank.

Weird rite?

Posted by Junkit Ng > 1 month ago | Report Abuse

honestly if this is the way u do business u would be bankrupt the 1st year. But from what ur words being so half baked i dont really blame u since everything u spourt is half full.

U borrow USD to pay for a venture when USD is worth alot

When USD is down, the USD u borrow is still stuck in those venture

U take cash (MYR), convert it into USD then u pay the loan at a discount.

The reason why u are having such a hard time is becuz u are looking at those hundred million $ loan like its ur portfolio, sell everything then pay back and keep the profit. In genting case it doesnt work that way, the hundreds of million they borrow is turned iliquid then they use cash to clear the debt once USD fall hence profiting on it, Hence my point it isnt USD VS USD if its USD VS USD no matter how u see they lose money for sure cuz they need to fire sale 100s of million worth of asset to cover their loan. Its USD vs MYR when USD dies that is the gameplan as long as they confirm 100% USD will die this will be a no brainer MNC, they tend to borrow when money is money and repay when money is toilet paper

Posted by Junkit Ng > 1 month ago | Report Abuse

by the way i don't really mind ur insults, i have been through worse in WSB. however no matter how dumb their game plan and logic is they always back it up with their theory be it completely off the mark or 300iq that even i cant understand. With u, its like conversing to a child that just finish high school economic and is quoting economist left and right but cant even read a QR report. Like i said time will tell feel free to insult others as Orang kampung when u cant even read QR report even though u keep sporting fear with it,14611 post but cant read QR is telling of your character& reliability

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

Again the Irish Troubles started coz Orang Kampung Sucker had never ever borrowed a USD loan before.

Most banks have heavy early repayment penalties attached especially USD loans, commercial loans.
Some banks even have repayment penalties on local housing loans.
Hell, even Celcom Digi has early repayment penalties on handphone loans. Must be idieeet to do early repayment.

As such I had never seen GenM do early repayments on USD loans.
For 3Q24 or 9M24 no early repayment of USD loan was done by GenM.

Another case of imaginary fiction in alternate reality moving into physical realm.

Posted by Junkit Ng > 1 month ago | Report Abuse

again another subject changed by the dude that cant read QR report, that loan agreement is confidential, not sure where u got this info maybe from ur kopitiam uncle and auntie but if u somehow get a copy of GentingM forex loan agreement and their repayment deadline u would basicly be holding a confidential agreement between parties thats worth millions to the correct buyer. i tried looking for it before and u cant even find which bank the loan is with so i doubt u can find the specifics inside, pls stop trying to change the subject after being smack in the face after saying genting can only pay with their gains from the USD loan.

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

In actual fact. I had signed a foreign currency loan agreement before which prohibits any form of early repayment. Repayment to strictly follow schedule.

Banks dun have time to fool around with you.

Imagination fiction is totally different from kisah benar real life.

That's why you must do the real thing rather than imagine yourself doing it.

Posted by Junkit Ng > 1 month ago | Report Abuse

Just sit down, accept defeat then look urself in the mirror and ask urself what the fk are u doing with ur life. 14612 post and u cant understand how yeild affect MYR/USD, cant see the fallacy of ur view that USD loan must be paid with said profit from USD loan and worse of all be a self proclaim trader with suger mommy but cant read QR.

I initially only wanted to rebute ur misinformation cuz i saw alot of newbie being harrass by u eventhough their point holds merit but u just bash them as orang kampung like u are a pro, yet now u keep digging deeper and deeper

Posted by Junkit Ng > 1 month ago | Report Abuse

Ya the dude that tried to explain 1000s of million of Genting forex like his own forex account with margin has a foreign currency agreement and just so happen to know genting is close to their due date. Like dude stop digging la, just sit this one down. U just tried to tell us u know gentings loan detail and due dates even though its strictly confidential everything u say after that is just burning ur credibility over and over again.

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

In another case, also a foreign bank in Malaysia.
Yes you are allowed to repay early....but the repayment is posted to another deposit account non-interest bearing and just kept there.
While your actual loan still bears interest with no early repayment adjusted to it.

They just keep your money for nothing.

Yes you can imagine and dream but your imagination is totally different from actual real life. 🤣🤣🤣

Your imagination is useless in real life. 😁

Posted by Junkit Ng > 1 month ago | Report Abuse

Listen to me sit this one down, go cool off for the night. Come back at me in a month after u advance ur finance knowledge be it understanding monetary system, treasury yeilds, DXY, fed funds rate and its impact and so on. I will be here untill my stock takes off so u will have ur chance, i was in WSB when BTC and tech stock were at ATL and everyone bashed me for buying guess what i made a killing they died. Now i will be here for genting i either make another killing or i die by my sword so skill up and come back at me. If u can show me another way of seeing things i would gladly converse with u, but pls dont gv me half baked views.

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

Launching the early repayment imagination when forex is favorable is just your personal imagination and a fatal error on your part.

Dun fool around with the banks.
When you need them they will fool you later.

It's all in those bank agreements which you had never ever seen before in your life.

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

So far all your postings are just pure imagination on your part.

Have no bearing on how loans are given out by banks. 🤣

Posted by Junkit Ng > 1 month ago | Report Abuse

Listen to me sit this one down, go cool off for the night. Come back at me in a month after u advance ur finance knowledge be it understanding monetary system, treasury yeilds, DXY, fed funds rate and its impact and so on. I will be here untill my stock takes off so u will have ur chance, i was in WSB when BTC and tech stock were at ATL and everyone bashed me for buying guess what i made a killing they died. Now i will be here for genting i either make another killing or i die by my sword so skill up and come back at me. If u can show me another way of seeing things i would gladly converse with u, but pls dont gv me half baked views like what u have been doing over and over again. If u lose a arguement just suck it up and learn more about it, no need to spourt BS Senarios which is wrong then double down burning ur creditbility. We are all aiming to make money only 1 view will be correct, the more u see the flaw in ur view the easier u survive for another day.

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

In real life, banks see early repayment as screwing them.
The loan officer will ask you whether the agreement you signed is honorable or not or you never keep your agreements.

That's why GenM never do such unethical things.

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

I will advise you to be honorable and honor all your agreements that you signed.
Dun screw the bank.

Posted by Junkit Ng > 1 month ago | Report Abuse

honestly the moment u tried to say u have gentings due date and confidential details ur creditability on banks and their loan alrd went out the window. U can try to salvage ur reputation by saying i am just imagining things and dont know how loan work but deep down we all know u lost this topic alrd. Gv it up man, next time maybe exempt urself from saying u know confidential details that is worth millions on the open market.

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

The exact wordings used....

As such I had never seen GenM do early repayments on USD loans.
For 3Q24 or 9M24 no early repayment of USD loan was done by GenM.

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

Twisting and turning will not help you in your imaginary world.


"As such I had never seen GenM do early repayments on USD loans.
For 3Q24 or 9M24 no early repayment of USD loan was done by GenM."

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

Whereas in your imaginary world you talk about early USD loan repayment by GenM.

That NEVER happens.

Posted by Junkit Ng > 1 month ago | Report Abuse

U seriously dumb enuf to point urself out. How would u know they need to do early repayment by Q3, the banks wont say since its confidential, Genting dint announce the detail of their loan. So by some miracle u just know Genting need to pay soon? U basically said u B.S ur way into thinking Q3 is the deadline if u really knew the date they need to pay, to which bank, and the amount and clause, that info is worth millions to hedge funds everywhere.

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

In your imaginary world Foreign Funds bought up to 70%.

In the real world GenT owns 49.3% of GenM.

In the real world 49.3 + 70 > 100%
So this never happens in the real world.

In the imaginary world anything is possible including but not limited to early repayment of loans and or share capital that is way more than 100% 🤣

Posted by Junkit Ng > 1 month ago | Report Abuse

Either way talking to u its like talking to a wall, at this point i am seriously doubting if u even have a play in place. U cant do QR, u dont know anything about monetary policy, U B.S every chance u get to make urself look smart but in reality those that see through it can tell u are just a joker. The worse of all is that u dont even bother looking urself in the mirror and revaluate ur gameplan as if u dont have chips on the table. I can honestly see why u have 14000+ post now, u are just chasing for clout feeding bs to the newbie and bullying those newbie that know abit but is not sure entirely.

Either way goodday feel free cope around believing that i am wrong and u are right every single comment. At the end time will tell

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

I am reposting this because your imagination never encountered this.


In another case, also a foreign bank in Malaysia.
Yes you are allowed to repay early....but the repayment is posted to another deposit account non-interest bearing and just kept there.
While your actual loan still bears interest with no early repayment adjusted to it.

They just keep your money for nothing.

Yes you can imagine and dream but your imagination is totally different from actual real life. 🤣🤣🤣

Your imagination is useless in real life. 😁

Posted by Junkit Ng > 1 month ago | Report Abuse

read again man 70% is for GENTING not GENTING m

Posted by Junkit Ng > 1 month ago | Report Abuse

i might have exagerated abit but its 68.44 but its close to 70% i can see it hitting by Q4

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

Stop imagining fantasy things and get a real life experience. 🤣

Posted by Junkit Ng > 1 month ago | Report Abuse

either way feel free to throw ur insults at me man, like i said time will tell. U lost on QR, lost on yeild effects to MYR/USD, lost to genting forex game plan, u even tried to double down and say u know their loan due date. As far as credibility wise i think u are burning through it with gasoline. So feel free to scroll up and cherry pick my comments for faults i am sure it will never reach ur level of disdain

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

The 68.44 is also your imagination.

For this case. I cannot comment on this because too many laws involved.

Suffice to say it's your imagination. It also points to your imaginary existence versus real life experience.

General Comment => If those funds are ring fenced and you have no control on how it is invested then it is not counted as your beneficial ownership in the US.

If not counted as your beneficial ownership in US, it's not counted as beneficial ownership in Malaysia as well.

Kilikiki 🤣

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

I had seen your yield effects and it is also your imagination. 🤣

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

In fact I had seen each and every one of your imaginations
and had concluded way earlier that it's all your imaginations.

Not too bad actually.
Pure wild fantasy.
Just that STOP imagining things and get a real life experience.

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

I am not insulting you.

I am telling you to STOP all your imaginations that bears no semblance to reality in actual life.

You need to leave the Kampung life behind you.

Posted by Junkit Ng > 1 month ago | Report Abuse

Good night man, u went from economist to banker to now lawyer so u can back ur argument that u know Genting m forex agreement with bank. If u wont get good then i dont really have any reason to entertain u, i dont argue with kids that cant understand QR& advance monetary policies maybe u can challenge me when u get a good standing on the subjects. By the way the kind of people that calls other Orang kampung when he cant read a QR tends to be the orang kampung, u are basically projecting urself and ur insecurities onto others so u dont feel bad.