https://www.marketwatch.com/story/5-reasons-coronavirus-fears-are-overblown-and-14-stocks-to-buy-now-2020-01-28

Rebound soon after investors realise that 100+ death out of 1bilion people + in china is negligible. Even the death in Malaysia due to road accident during Chinese New year was much higher :)

Genting Bhd

Casino operator Genting proved it is back in the game in the cumulative nine months ended Sept 30, 2019 (9MFY2019), when its net profit more than doubled year on year to RM1.47 billion due to the absence of an impairment loss taken in 9MFY2018.

At its closing share price of RM5.73 on Dec 9, Genting was trading at nine times its earnings — a far contrast from 10 years ago when the stock was trading at 32 times its earnings.

Nevertheless, analysts are still sanguine about its prospects, with 12 out of 16 analysts covering the stock having a “buy” call on it.

“We believe that Genting continues to offer deep value. As the parent company of Genting Singapore Ltd and Genting Malaysia Bhd, Genting provides a cheaper exposure to both its subsidiaries,” AllianceDBS Research says in a Nov 29 note.

AllianceDBS Research has a “buy” call on Genting, with a target price of RM7.25 — a 27% upside potential to its closing price of RM5.73 on Dec 9.

AffinHwang Capital, in a Nov 29 note, also has a “buy” call on Genting, with a target price of RM7.25.

“We are keeping our ‘buy’ call as we believe its valuation remains attractive, as the holding company discount is still one standard deviation above its past five-year average,” the firm says.

Changes in Director's Interest (Section 219 of CA 2016)
GENTING BERHAD

Information Compiled By KLSE

Particulars of Director
Name TAN SRI LIM KOK THAY
Descriptions(Class) Ordinary Shares
Details of changes
No
Date of change
No of securities
Type of transaction
Nature of Interest
1
23/01/2020
814,000
Acquired
Deemed Interest
Name of registered holder Kenanga Nominees (Tempatan) Sdn Bhd Kien Huat Realty Sdn Bhd
Description of "Others" Type of Transaction
Consideration (if any) RM5.92 per share

Circumstances by reason of which change has occurred Acquistion by Kien Huat Realty Sdn Berhad ("KHR").

Deemed interest by virtue of being a beneficiary of a discretionary trust ("the Discretionary Trust") of which Parkview Management Sdn Bhd ("PMSB") is the trustee. PMSB as trustee of the Discretionary Trust owns 100% of the voting shares of Kien Huat International Limited which in turn owns 100% of the voting shares of KHR. As such, PMSB as trustee of the Discretionary Trust is deemed interested in Genting Berhad shares held by KHR by virtue of its controlling interest in KHR.
Nature of interest Deemed Interest
Total no of securities after change
Direct (units) 68,119,980
Direct (%) 1.769
Indirect/deemed interest (units) 1,649,846,610
Indirect/deemed interest (%) 42.847
Date of notice 28/01/2020
Date notice received by Listed Issuer 28/01/2020


Remarks :
(a) The percentages are computed based on the total number of issued share capital excluding a total of 26,320,000 shares bought back by the Company and retained as treasury shares as at 23 January 2020.

(b) This announcement is also made pursuant to Paragraph 14.09(a) of Bursa Malaysia Securities Berhad Main Market Listing Requirements.

Announcement Info
Company Name GENTING BERHAD
Stock Name GENTING
Date Announced 28 Jan 2020
Category Changes in Director's Interest Pursuant to Section 219 of CA 2016
Reference Number CS4-28012020-00006

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
GENTING BERHAD

Particulars of substantial Securities Holder
Name KIEN HUAT INTERNATIONAL LIMITED
Address First Names House
Victoria Road
Douglas
IM2 4DF
Isle of Man.
Company No. 008086V
Nationality/Country of incorporation Isle of Man
Descriptions (Class) Ordinary Shares
Details of changes
No Date of change
No of securities
Type of Transaction Nature of Interest
1 23 Jan 2020
814,000
Acquired Deemed Interest
Name of registered holder Kenanga Nominees (Tempatan) Sdn Bhd Kien Huat Realty Sdn Bhd
Address of registered holder Level 17, Kenanga Tower, 237 Jalan Tun Razak, 50400 Kuala Lumpur, Wilayah Persekutuan.
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred Acquisition by Kien Huat Realty Sdn Berhad, the voting shares of which are wholly-owned by Kien Huat International Limited.
Nature of interest Deemed Interest
Direct (units) 0
Direct (%) 0
Indirect/deemed interest (units) 1,649,846,610
Indirect/deemed interest (%) 42.847
Total no of securities after change 1,649,846,610
Date of notice 28 Jan 2020
Date notice received by Listed Issuer 28 Jan 2020


Announcement Info
Company Name GENTING BERHAD
Stock Name GENTING
Date Announced 28 Jan 2020
Category Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016
Reference Number CS2-28012020-00016

Genting Berhad is principally an investment holding and management company. While the Company
was incorporated in 1968 and listed in 1971, the Genting Group was founded in 1965 when its Founder,
the late Tan Sri Lim Goh Tong started the journey to realise his vision of building a mountaintop resort in
Malaysia. Today, the Genting Group comprises Genting Berhad and its listed companies; Genting
Malaysia Berhad, Genting Plantations Berhad and Genting Singapore Limited, as well as its wholly
owned unlisted subsidiaries Genting Energy Limited and Resorts World Las Vegas LLC.
Led by Tan Sri Lim Kok Thay, the Group is involved in leisure and hospitality, oil palm plantations, power
generation, oil and gas, property development, life sciences and biotechnology activities, with operations
spanning across the globe, including in Malaysia (the Group’s country of origin), Singapore, Indonesia,
India, China, the United States of America, Bahamas, the United Kingdom and Egypt. In the core leisure
and hospitality business, the Genting Group and its brand affiliates market and offer a suite of products
under a number of premier brands including Genting, Resorts World, Genting Grand, Genting Club,
Crockfords, Maxims, Crystal Cruises, Dream Cruises and Star Cruises. The Genting Group also
have tie ups with established names such as Universal Studios, Premium Outlets, Hard Rock Hotel,
Zouk and other renowned international brand partners

Oversold :)

Date Close
28/01/2020 5.60
24/01/2020 5.82
23/01/2020 5.91
22/01/2020 6.05
21/01/2020 6.12
20/01/2020 6.17
17/01/2020 6.18

Inokom is involved in the assembly of passenger cars, multi utility vehicles, sport utility vehicles, multi-purpose vehicles and light commercial vehicles. Its manufacturing facility is located in Padang Meha, Kulim, occupying 200 acres of freehold land. Production first commenced in August 1997.

The Company is owned by a consortium of corporate shareholders, which constitutes of Sime Darby Motors Sdn. Bhd. (51%), Sime Darby Hyundai Sdn Bhd (5%), Hyundai Motor Company of South Korea (15%), and Bermaz Auto Berhad (29%)????????????????????????????

Sime Darby Motors is the automotive arm of Sime Darby Berhad and is involved in the retail, distribution and assembly businesses. It has a presence in nine countries across the Asia Pacific region.

With over 40 years of experience, Sime Darby Motors is a major industry player in the Asia-Pacific region. Sime Darby Motors currently represents 29 brands, ranging from luxury brands (such as BMW, McLaren and Rolls-Royce) to various mass market brands like Ford, Peugeot and Hyundai, and trucking names like Hino and Mack.

RM2.78 on 9 July 2019 fell to below RM1.9 now, a good buy today :)

History - direct biz transactions in 2019

Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks

19/09/2019 00:00:00 2.3100 0.0100 1.100m 1.100m 2.541m 2.541m 2.3100 0.0946 -
29/08/2019 00:00:00 2.2900 -0.0100 1.800m 1.800m 4.122m 4.122m 2.2900 0.1547 -
28/08/2019 00:00:00 2.3100 - 3.000m 3.000m 6.930m 6.930m 2.3100 0.2579 -
16/07/2019 00:00:00 2.6600 0.0100 768,000 4.000m 2.043m 10.640m 2.6600 0.0660 -
16/07/2019 00:00:00 2.6600 0.0100 1.516m 4.000m 4.033m 10.640m 2.6600 0.1303 -
16/07/2019 00:00:00 2.6600 0.0100 1.716m 4.000m 4.565m 10.640m 2.6600 0.1475 -
02/07/2019 00:00:00 2.7300 0.0300 278,700 278,700 760,851 760,851 2.7300 0.0240 -
01/07/2019 00:00:00 2.7000 0.0400 2.390m 2.390m 6.453m 6.453m 2.7000 0.2054 -
24/06/2019 00:00:00 2.5900 -0.0100 2.780m 5.000m 7.200m 12.950m 2.5900 0.2390 -
24/06/2019 00:00:00 2.5900 -0.0100 2.220m 5.000m 5.750m 12.950m 2.5900 0.1908 -
20/06/2019 00:00:00 2.5800 0.0300 3.000m 3.000m 7.740m 7.740m 2.5800 0.2579 -
13/06/2019 00:00:00 2.4000 - 3.518m 3.518m 8.444m 8.444m 2.4000 0.3025 -
08/05/2019 00:00:00 2.3800 0.0100 101,800 101,800 242,284 242,284 2.3800 0.0088 -
02/05/2019 00:00:00 2.3800 -0.0200 1.884m 1.884m 4.485m 4.485m 2.3800 0.1620 -
18/04/2019 00:00:00 2.3500 - 195,600 195,600 459,660 459,660 2.3500 0.0168 -
26/03/2019 00:00:00 2.3200 0.0100 10.422m 10.422m 24.180m 24.180m 2.3200 0.8961 -
25/03/2019 00:00:00 2.3300 - 231,400 231,400 539,162 539,162 2.3300 0.0199 -
11/03/2019 00:00:00 2.2000 - 128,800 128,800 283,360 283,360 2.2000 0.0111 -
01/03/2019 00:00:00 2.1800 -0.0100 81,100 81,100 176,798 176,798 2.1800 0.0070 -
21/02/2019 00:00:00 2.2300 - 28,300 526,900 63,109 1.175m 2.2300 0.0024 -
21/02/2019 00:00:00 2.2300 - 498,600 526,900 1.112m 1.175m 2.2300 0.0429 -
29/01/2019 00:00:00 2.1000 -0.1100 3.800m 23.624m 7.980m 49.611m 2.1000 0.3267 -
29/01/2019 00:00:00 2.1000 -0.1100 2.404m 23.624m 5.049m 49.611m 2.1000 0.2067 -
29/01/2019 00:00:00 2.1000 -0.1100 100,000 23.624m 210,000 49.611m 2.1000 0.0086 -
29/01/2019 00:00:00 2.1000 -0.1100 6.347m 23.624m 13.329m 49.611m 2.1000 0.5458 -
29/01/2019 00:00:00 2.1000 -0.1100 6.500m 23.624m 13.650m 49.611m 2.1000 0.5589 -
29/01/2019 00:00:00 2.1000 -0.1100 2.000m 23.624m 4.200m 49.611m 2.1000 0.1720 -
29/01/2019 00:00:00 2.1000 -0.1100 2.153m 23.624m 4.521m 49.611m 2.1000 0.1851 -
29/01/2019 00:00:00 2.1000 -0.1100 320,000 23.624m 672,000 49.611m 2.1000 0.0275

loved by institutional funds due to high dividend yield

KUMPULAN WANG PERSARAAN (DIPERBADANKAN) 21-Jan-2020 Acquired 2,300,000
KUMPULAN WANG PERSARAAN (DIPERBADANKAN) 20-Jan-2020 Acquired 785,000
KUMPULAN WANG PERSARAAN (DIPERBADANKAN) 16-Jan-2020 Acquired 2,200,000 EMPLOYEES PROVIDENT FUND BOARD 15-Jan-2020 Acquired 200,000
EMPLOYEES PROVIDENT FUND BOARD 14-Jan-2020 Acquired 200,000
KUMPULAN WANG PERSARAAN (DIPERBADANKAN) 14-Jan-2020 Acquired 1,546,500
KUMPULAN WANG PERSARAAN (DIPERBADANKAN) 14-Jan-2020 Acquired 50,000
EMPLOYEES PROVIDENT FUND BOARD 13-Jan-2020 Acquired 200,000

dividend yield 11%+ based on current price :)

Announcement Date Subject Amount Ex Date
10/12/2019 Second Interim Dividend Malaysian Ringgit (MYR) 0.0275 17/12/2019
13/09/2019 Interim Dividend 0.0325 09/10/2019
12/06/2019 Interim Dividend 0.035 09/07/2019
12/06/2019 Special Dividend 0.07 09/07/2019
13/03/2019 Interim Dividend 0.045 05/04/2019
12/12/2018 Second interim dividend 0.0375 27/12/2018
13/09/2018 Interim Dividend 0.025 08/10/2018
12/06/2018 Interim Dividend 0.023 06/07/2018
12/06/2018 Special Dividend 0.027 06/07/2018
12/03/2018 Interim Dividend 0.023 06/04/2018
08/12/2017 Second interim dividend 0.016 12/01/2018
11/09/2017 First Interim Dividend 0.015 09/10/2017
13/06/2017 Interim Dividend 0.0315 07/07/2017
14/03/2017 Interim Dividend 0.0275 06/04/2017

5248 BAUTO BERMAZ AUTO BERHAD
DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
Dealings Outside Closed Period
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

24/01/2020 07:00 AM


Ref Code: 202001243000100

On prospects, in its most recent results announcement to Bursa Malaysia, BAuto is optimistic about the recent launch of its all-new Mazda 3, Mazda CX-8, and the Mazda CX-5 (which includes the 2.5L Turbo variant in Malaysia) and the expected launch of the all-new Mazda CX-30 during the coming quarter.

In the Philippines, it plans to capitalise on the absence of excise duty on pickup trucks to bring in its new Mazda BT-50 model in FY21.

BAUTO Shareholding Changes
Date of change Shares Director/
Substantial Shareholder
23 Jan 2020 Acquired
100,000 Dato' Amer Hamzah Bin Ahmad
23 Jan 2020 Acquired
100,000 Dato' Sri Yeoh Choon San
23 Jan 2020 Acquired
100,000 Dato' Lee Kok Chuan
23 Jan 2020 Acquired
100,000 Dynamic Milestone Sdn Bhd
23 Jan 2020 Acquired
100,000 Dato' Sri Yeoh Choon San
23 Jan 2020 Acquired
100,000 Dato' Lee Kok Chuan
22 Jan 2020 Acquired
200,000 Dato' Amer Hamzah Bin Ahmad
22 Jan 2020 Acquired
200,000 Dato' Sri Yeoh Choon San
22 Jan 2020 Acquired
200,000 Dato' Lee Kok Chuan
22 Jan 2020 Acquired
200,000 Dynamic Milestone Sdn Bhd

BAUTO Financial Information
Market Capital (RM) 2.176b
Number of Share 1.164b
EPS (cent)* 18.22
P/E Ratio 10.26
ROE (%) 43.80
Dividend (cent)^ 21.250
Dividend Yield (%) 11.36
Dividend Policy (%) 40

24-Jan-2020 Insider DATO' AMER HAMZAH BIN AHMAD (a substantial shareholder) acquired 100,000 shares on 23-Jan-2020.
24-Jan-2020 Insider DATO' AMER HAMZAH BIN AHMAD (a substantial shareholder) acquired 200,000 shares on 22-Jan-2020.
24-Jan-2020 Insider DATO' LEE KOK CHUAN (a substantial shareholder) acquired 100,000 shares on 23-Jan-2020.
24-Jan-2020 Insider DATO' LEE KOK CHUAN (a substantial shareholder) acquired 200,000 shares on 22-Jan-2020.
24-Jan-2020 Insider DYNAMIC MILESTONE SDN BHD (a substantial shareholder) acquired 100,000 shares on 23-Jan-2020.
24-Jan-2020 Insider DYNAMIC MILESTONE SDN BHD (a substantial shareholder) acquired 200,000 shares on 22-Jan-2020.
24-Jan-2020 Insider DATO' SRI YEOH CHOON SAN (a substantial shareholder) acquired 100,000 shares on 23-Jan-2020.
24-Jan-2020 Insider DATO' SRI YEOH CHOON SAN (a substantial shareholder) acquired 200,000 shares on 22-Jan-2020.
24-Jan-2020 Insider DATO' SRI YEOH CHOON SAN (a company director) acquired 100,000 shares on 23-Jan-2020.
24-Jan-2020 Insider DATO' SRI YEOH CHOON SAN (a company director) acquired 200,000 shares on 22-Jan-2020.
24-Jan-2020 Insider DATO' LEE KOK CHUAN (a company director) acquired 100,000 shares on 23-Jan-2020.
24-Jan-2020 Insider DATO' LEE KOK CHUAN (a company director) acquired 200,000 shares on 22-Jan-2020.
23-Jan-2020 Blog Automotive - Beyond the Finish Line
22-Jan-2020 Additional Listing Employees Share Scheme - Options - 93,800 shares at 1.850.
22-Jan-2020 Insider KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (a substantial shareholder) acquired 2,300,000 shares on 21-Jan-2020.
21-Jan-2020 Insider KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (a substantial shareholder) acquired 785,000 shares on 20-Jan-2020.
20-Jan-2020 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 200,000 shares on 15-Jan-2020.

Bermaz Auto - Mazda CX-30 Racing Fast to the Market
Date: 16/01/2020

Stock : BAUTO Source : KENANGA
Price Target : 2.65
Last Price : 1.93


The all-new Mazda CX-30 has been officially launched at RM143k-173k, positioned between the CX-3 and CX-5 in terms of price and size, with sales targeted at c.100-200 units/month. Combined with CX-5 and CX-8, they are expected to make up to 70% of total BAUTO’s sales. The current version is CBU from Japan, while the CKD version is only viable for production when demand reaches 3k units/year. We reiterate our OP call with a TP of RM2.65 on the basis of above-industry profit margin and steady high dividend yield of c.7%.

The all-new Mazda CX-30 was officially launched at RM143k-173k, which places it between the CX-3 (RM128k) and CX-5 (RM133kRM182k) in terms of price and size, and targeted to hit sales of around 100-200 unit/month. Note that, 100 units is expected to be delivered in January 2020, while 125 units is on shipment, expected to arrive in 1st week of February. Combined with CX-5 and CX-8, they make up to 70% of our total sales expectation for the year. The current version is a CBU from Japan based on the Mazda 3 platform, while BAUTO noted that the CKD version is only viable for production if demand reaches 3k units/year. The CX-30 is expected to serve as an alternative choice for consumer opting between CX-5 and CX-3.The launching event was presented by Dato’ Sri Ben Yeoh (Executive Chairman), Dato Francis Lee (CEO), Dato Amer Hamzah (Prima Merdu Executive Chairman), Hiroshi Inoue-San (President, Mazda South East Asia Ltd), Naohito Saga-san (Mazda Japan Program Manager), and Susumu Niinai-San (Mazda Japan ASEAN Business Office general manager).

Mazda CX-30 specification. Pricing-wise, the 2.0G retails at RM143k on-the-road without insurance, the 2.0G High at RM164k, while the 1.8D High goes for RM173k, with 5-year/100,000 km manufacturerbacked warranty and a 5-year free maintenance package. Powering this car is a 2.0 litre Skyactiv-G power-train that delivers 162 HP at 6,000 rpm and 213 Nm of torque at 4,000 rpm, driving the front wheels via a 6-speed automatic gearbox. The range-topping 1.8 litre diesel produces 116 PS at 4,000 rpm and 270 Nm of torque from 1,600 to 2,700 rpm. Like the Mazda 3, the front gets MacPherson struts, and the rear a torsion beam setup, while the inside is almost identical to the Mazda 3 hatch. Other additions include: latest 8.8-inch full-colour infotainment display (support for Apple CarPlay and Android Auto), boot volume rated at 430 litres (1,432 litres with the rear seats folded), for safety, the 2.0 High variant gets seven airbags including driver’s knee airbags, hill start assist, emergency stop signal, ISOFIX child seat mounts, the usual three-lettered acronyms and several i-ActivSense advanced safety systems.

Exciting new launches starting 2QFY20. BAUTO had earlier launched the all-new Mazda 3 Sedan and Hatchback (CBU, July 2019), face-lifted and turbo variants of CX-5 (CKD, 22nd October), all-new CX- 8 (CKD, 13th November), and all-new CX-30 (CBU, 15th January 2020). BAUTO will introduce the face-lifted CX-3 (by 1QCY20), face-lifted Mazda 2 (1HCY20) and all-new Mazda MX-30 (based on demand, introduced at the Tokyo Motor Show, with estimated launch in CY2020/CY2021), and tentatively in two formats; (i) full EV, and (ii) range extender powered by a small rotary engine (necessary for other markets where daily commutes are longer or Malaysia which lacks EV infrastructure).

Maintain OUTPERFORM with unchanged TP of RM2.65 based on 13x CY20E EPS (at -0.5SD of its historical 3-year Fwd. PER mean). We like BAUTO for its: (i) expected earnings recovery from the stream of all-new models, (ii) superior margins above industry peers (average profit margin of c.9% vs. peers of c.2%), and (iii) steady dividend yield of c.7%. Risks to our call include: (i) lower-than-expected car sales volume, and (ii) unfavourable forex.

Source: Kenanga Research - 16 Jan 2020

Date Price Target Source News
16/01/2020 2.65 KENANGA Price Target News
17/12/2019 2.38 HLG Price Target News
16/12/2019 2.70 MIDF Price Target News
11/12/2019 2.51 PUBLIC BANK Price Target
11/12/2019 2.85 MIDF Price Target News
11/12/2019 2.65 KENANGA Price Target News
11/12/2019 2.38 HLG Price Target News
11/12/2019 2.35 AmInvest Price Target News
11/12/2019 2.06 AffinHwang

Market Cap: 2,176 Million
NOSH: 1,164 Million
Avg Volume (4 weeks): 3,578,111
4 Weeks Range: 1.86 - 2.13
4 Weeks Price Volatility (%):
3.70%
52 Weeks Range: 1.86 - 2.78
52 Weeks Price Volatility (%):
1.09%
Average Price Target: 2.58
Price Target Upside/Downside: +0.71

Gaming

Better luck factor in 2020

It was not a smooth sailing for Genting Malaysia Bhd (GenM) in 2019. Still, it was a better year compared with 2018.

While GenM has to bear the 10% hike in casino duties this year, analysts are optimistic the group will be dealt with a better hand of cards in 2020.

In July, GenM reached a settlement agreement resolving disputes with Fox Entertainment Group and The Walt Disney Co, dismissing all claims and counterclaims against each other, with the upcoming outdoor theme park opening in the third quarter of 2020. In addition, the indoor theme park, Skytropolis Funland, opened in December 2018.

In 2020, GenM is expected to benefit from higher tourist arrivals as the opening of its long-awaited outdoor theme park in the second half coincides with Visit Malaysia Year 2020 (VMY2020), said HLIB Research.

“We upgrade our call on the sector to overweight in line with our recent upgrades on GenM and Genting Bhd. We believe share prices have overreacted to the increased competition of the VIP (very important person) segment in the region,” said HLIB Research analyst Andrew Lim Ken-Wern.

GenM shares rose around 12.2% during the year to close at RM3.31 yesterday, while Genting was down a minimal 0.16% to settle at RM6.10.

Bloomberg data shows there are more “buy” calls on Genting compared with GenM, with 12 “buy” calls, from the 17 research firms covering the stock, while GenM has seven “buy” ratings out of 20. In terms of upside in share price growth, Genting has a headroom of 19.6% from its consensus target price of RM7.26, while GenM has 9.8% from RM3.57.

Apart from VMY2020 being the catalyst for Genting Group, TA analyst Tan Kam Meng noted 2020 will be a crucial year for Genting as its Singapore unit Genting Singapore Ltd (GenS) is bidding for a licence to operate an integrated casino resort (IR) in Japan.

“So far, we understand [that] there would be three IRs in Japan, one each in Osaka, Yokohama and Tokyo. In fact, IR bids have already started in Osaka and Yokohama where the former has officially accepted bids from MGM Resorts International, GenS and Galaxy Entertainment,” Tan said, adding that the selection of the winner would likely be in 3Q20.

Besides Osaka, GenS indicated that it is now preparing for Yokohama’s request-for-concept, which opened in October and will be closed on Dec 23, 2020, said Tan, adding that the selection of the winner would likely be at end-3Q20 or 4Q20.

Genting would benefit but TA expects the bigger attraction lies in its likely ability to win the casino licence from Japan in 2020, said the research house.

KUALA LUMPUR (Jan 7): Hong Leong Investment Bank (HLIB) has upgraded the gaming sector to “Overweight” in-line with its recent upgrades on Genting Malaysia Bhd (GenM) and Genting Bhd.

In a note today, the research house said it believes share prices have overreacted to the increased competition of the VIP segment in the region.

“We still favour Genting Singapore, as valuations are attractive and believe that any favourable news from Japan pertaining to the casino bill this spring will create excitement.

“We also like GenM for its improved performance of the Malaysian business alongside a dividend yield of at least 5% which will serve as a support to share price,” it said.

HLIB said with regards to NFOs, it expects minimal impact from the reduction in special draws as it will reduce earnings by less than 2%.

“In fact, the stricter enforcement on illegal operators should help to offset this,” it said.

just be calm. virus news will subside

1,209 Chinese nationals who entered Penang on cruise ship free of coronavirus

BUSINESS NEWS 16 Jan 2020
GentingHK raises US$900m from sale, leaseback of cruise ship

KUALA LUMPUR: Genting Hong Kong has raised US$900mil (RM3.66bil) from its first ever sale and leaseback transaction of one of Dream Cruises’ cruise ships with a consortium of four Chinese leasing companies.

It said in a statement that the cruise ship involved in the transaction was the 2016-built, 150,000 gross tonne Genting Dream.Describing it as a major milestone for all parties, it said the transaction was with the four Chinese companies through their special purpose vehicles (SPVs).

These SPVs were indirectly wholly-owned by Bank of Communications Financial Leasing Co, Ltd, CMB Financial Leasing Co, Ltd, CCB Financial Leasing Corporation Ltd and China Development Bank Financial Leasing Co, Ltd respectively. DNB Markets acted as advisor to Genting Hong Kong.

Part of the funds received was used to repay the outstanding balance of about US$502mil for an existing bank loan for Genting Dream.

Chairman and chief executive of Genting Hong Kong Tan Sri Lim Kok Thay said: “We are very appreciative of the consortium for supporting Genting Hong Kong in the refinancing of Genting Dream which allows a longer repayment period with a balloon payment at the end of 12 years.”

“With the completion of this transaction, the group is now focusing on launching new summer itineraries for Dream Cruises which will showcase the best of South-East Asia with exciting new destinations including Christmas Island and Belitung in addition to popular destinations such as Palawan and Kota Kinabalu.

“As well, we are looking forward to the highly anticipated debuts of Crystal Endeavor in August this year and of Global Dream in 2021.”

In just over three years of operation, Dream Cruises’ has grown to its current fleet of Genting Dream, World Dream and Explorer Dream.

With the youngest and most modern fleet in the world, Dream Cruises has been honoured with a series of prestigious international awards and accolades from Asia and across the globe.

Genting Hong Kong’s main businesses are cruise and cruise related operations along with leisure, entertainment and hospitality activities.

continuous buy by major shareholders , oversold and undervalued a lot

GENTING Shareholding Changes
Date of change Shares Director/
Substantial Shareholder
22 Jan 2020 Acquired
514,700 Tan Sri Lim Kok Thay
22 Jan 2020 Acquired
514,700 Tan Sri Lim Kok Thay
22 Jan 2020 Acquired
514,700 Mr Lim Keong Hui
22 Jan 2020 Acquired
514,700 Parkview Management Sdn Bhd
22 Jan 2020 Acquired
514,700 Kien Huat Realty Sdn Berhad
22 Jan 2020 Acquired
514,700 Kien Huat International Limited
22 Jan 2020 Acquired
514,700 Mr Lim Keong Hui
21 Jan 2020 Acquired
1,500,000 Tan Sri Lim Kok Thay
21 Jan 2020 Acquired
1,500,000 Tan Sri Lim Kok Thay
21 Jan 2020 Acquired
1,500,000 Mr Lim Keong Hui
1 2 3 4 5 6 7 8 9 10
All Shareholding Changes »


GENTING Bursa Announcement
Date Title
23 Jan 2020 Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - KIEN HUAT INTERNATIONAL LIMITED
23 Jan 2020 Changes in Director's Interest (Section 219 of CA 2016) - MR LIM KEONG HUI
23 Jan 2020 Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - TAN SRI LIM KOK THAY
23 Jan 2020 Changes in Director's Interest (Section 219 of CA 2016) - TAN SRI LIM KOK THAY
23 Jan 2020 Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - MR LIM KEONG HUI
23 Jan 2020 Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - PARKVIEW MANAGEMENT SDN BHD
23 Jan 2020 Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - KIEN HUAT REALTY SDN BERHAD
20 Jan 2020 Changes in Director's Interest (Section 219 of CA 2016) - MR LIM KEONG HUI
20 Jan 2020 Changes in Director's Interest (Section 219 of CA 2016) - TAN SRI LIM KOK THAY
20 Jan 2020 Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - MR LIM KEONG HUI

interim div declared has risen too

GENTING Dividend History
FY Ex
Date Pay
Date Type Div
(Cent) Details
Dec19 29 Oct 2019 18 Nov 2019 Interim 6.50 Malaysia Stock - Dividend
Dec18 27 Jun 2019 25 Jul 2019 Final 6.00 Malaysia Stock - Dividend
Dec18 12 Mar 2019 08 Apr 2019 Special 7.00 Malaysia Stock - Dividend
Dec18 14 Sep 2018 12 Oct 2018 Interim 8.50 Malaysia Stock - Dividend
Dec17 07 Jun 2018 02 Jul 2018 Final 6.00 Malaysia Stock - Dividend

Q4 results will be out next month... :)

GENTING Quarter Report History
FY No. Rev PBT PAT EPS YoY
Dec19 3 5,295 954 306 7.94 Malaysia Stock - KLSE Quarter Report History 211%
Dec19 2 5,446 1,330 600 15.57 Malaysia Stock - KLSE Quarter Report History 56%
Dec19 1 5,573 1,179 562 14.59 Malaysia Stock - KLSE Quarter Report History 7%

oversold, best buy today :)

GENTING Financial Information
Market Capital (RM) 21.866b
Number of Share 3.877b
EPS (cent)* 54.74
P/E Ratio 10.30
ROE (%) 6.06
Dividend (cent)^ 21.500
Dividend Yield (%) 3.81
Dividend Policy (%) 0
NTA (RM) 9.040

* Calculated based on the net profit of the trailing twelve months and latest number of shares issued.
^ Total dividend amount declared for financial year ended 2018-12-31.

Supported. By share purchase by major shareholders continuously, already around bottom price level now :)

When the virus news subside, above rm6 easily or outdoor theme park opening at resorts world Malaysia

One of best nonhalal stock, net assets per share rm9+, pe around 10

a lot of expectations, forecast, etc are crap indeed. vested interest, etc

genting bhd is more diversified than genm, bigger market cap too

the major shareholders of genting group buyback more genting bhd than genm shares, correct? :)

safer, more diversified

Genting is a diversified holdings company primarily operating in the resorts and casinos industry. The company’s primary business segment is Leisure & Hospitality, but the business has several smaller segments: Plantation, Power, Property, Oil & Gas, and Investments & Other. The Leisure & Hospitality segment operates numerous resorts worldwide, many of which have casinos, theme parks, concerts, restaurants, and retail shopping locations. Additionally, the company has diversified segments, which control farmland, oil and gas, and real estate. The company generates the vast majority of its revenue in Malaysia.

rising profit could be the main reason why the major shreholders countinue to buy more n more

Next month, Q4 results will be annouced, the net profit will balloon

Thursday, 28 Nov 2019

6:56PM GENTING Nine-month net profit 2.746 billion (increased 127.01%)

knee jerk reaction today is a good opportunity to grab and hold

also, the opening of the theme park at Resorts World Malaysia will also boost its share price

Q4, 2019 results will show the much improved CPO price from genting plantation, gaming results from a lot of holidays from 1 Oct t0 31 Dec 2019, etc

Q4, 2019 results to be released next month will be impressive, hold till next month at least

good news OTW? :)

Lim Kok Thay bought 14,617,200 Genting Berhad share (RM 86.38 million) in around 1 month time



04-Dec-2019 Acquired 580,000 5.79

05-Dec-2019 Acquired 500,000 5.83

06-Dec-2019 Acquired 1,500,000 5.78

09-Dec-2019 Acquired 1,300,000 5.77

10-Dec-2019 Acquired 570,000 5.78

11-Dec-2019 Acquired 1,056,700 5.82

12-Dec-2019 Acquired 970,000 5.81

13-Dec-2019 Acquired 587,500 5.82

16-Dec-2019 Acquired 81,400 5.86

17-Dec-2019 Acquired 275,000 5.90

18-Dec-2019 Acquired 1,000,000 6.00

19-Dec-2019 Acquired 1,130,700 6.03

20-Dec-2019 Acquired 2,060,000 6.03

23-Dec-2019 Acquired 40,000 6.01

24-Dec-2019 Acquired 231,200 6.04

30-Dec-2019 Acquired 50,300 6.10

31-Dec-2019 Acquired 763,600 6.02

6-Jan - 2020 Acquired 511,600 6.04

7-Jan -2020 Acquired 950,000 6.02

8-Jan - 2020 Acquired 459,200 5.98



Source: https://www.bursamalaysia.com/market_information/announcements/company_announcement?keyword=&cat=&sub_type=&company=3182&mkt=&alph=&sec=&subsec=&dt_ht=&dt_lt=

oversold :)

Recent Prices
Date Open Range Close Change Volume
24/01/2020 5.91 5.80 - 5.93 5.82 -0.09 (1.52%) 3,836,900
23/01/2020 6.00 5.90 - 6.04 5.91 -0.14 (2.31%) 5,689,000
22/01/2020 6.10 6.01 - 6.17 6.05 -0.07 (1.14%) 4,920,300
21/01/2020 6.15 6.10 - 6.18 6.12 -0.05 (0.81%) 2,762,100
20/01/2020 6.15 6.14 - 6.19 6.17 -0.01 (0.16%) 1,734,900
17/01/2020 6.17 6.14 - 6.18 6.18 +0.01 (0.16%) 1,694,100

improved CPO price would help genting plantatation to mitigate virus impact on casino segment :)

Price Target
Date Open Price Target Price Upside/Downside Price Call Source
02/12/2019 5.85 6.73 +0.88 (15.04%) BUY HLG
29/11/2019 5.91 6.85 +0.94 (15.91%) BUY TA
29/11/2019 5.91 8.70 +2.79 (47.21%) BUY PUBLIC BANK
29/11/2019 5.91 7.00 +1.09 (18.44%) BUY KENANGA
29/11/2019 5.91 7.25 +1.34 (22.67%) BUY AffinHwang

share purchase by major shareholders :)

23-Jan-2020 Insider KIEN HUAT INTERNATIONAL LIMITED (a substantial shareholder) acquired 514,700 shares on 22-Jan-2020.
23-Jan-2020 Insider KIEN HUAT INTERNATIONAL LIMITED (a substantial shareholder) acquired 1,500,000 shares on 21-Jan-2020.
23-Jan-2020 Insider KIEN HUAT INTERNATIONAL LIMITED (a substantial shareholder) acquired 192,600 shares on 20-Jan-2020.
23-Jan-2020 Insider TAN SRI LIM KOK THAY (a substantial shareholder) acquired 514,700 shares on 22-Jan-2020.
23-Jan-2020 Insider TAN SRI LIM KOK THAY (a substantial shareholder) acquired 1,500,000 shares on 21-Jan-2020.
23-Jan-2020 Insider TAN SRI LIM KOK THAY (a substantial shareholder) acquired 192,600 shares on 20-Jan-2020.
23-Jan-2020 Insider MR LIM KEONG HUI (a substantial shareholder) acquired 514,700 shares on 22-Jan-2020.
23-Jan-2020 Insider MR LIM KEONG HUI (a substantial shareholder) acquired 1,500,000 shares on 21-Jan-2020.
23-Jan-2020 Insider MR LIM KEONG HUI (a substantial shareholder) acquired 192,600 shares on 20-Jan-2020.
23-Jan-2020 Insider PARKVIEW MANAGEMENT SDN BHD (a substantial shareholder) acquired 514,700 shares on 22-Jan-2020.
23-Jan-2020 Insider PARKVIEW MANAGEMENT SDN BHD (a substantial shareholder) acquired 1,500,000 shares on 21-Jan-2020.
23-Jan-2020 Insider PARKVIEW MANAGEMENT SDN BHD (a substantial shareholder) acquired 192,600 shares on 20-Jan-2020.
23-Jan-2020 Insider KIEN HUAT REALTY SDN BERHAD (a substantial shareholder) acquired 514,700 shares on 22-Jan-2020.
23-Jan-2020 Insider KIEN HUAT REALTY SDN BERHAD (a substantial shareholder) acquired 1,500,000 shares on 21-Jan-2020.
23-Jan-2020 Insider KIEN HUAT REALTY SDN BERHAD (a substantial shareholder) acquired 192,600 shares on 20-Jan-2020.
23-Jan-2020 Insider TAN SRI LIM KOK THAY (a company director) acquired 514,700 shares at 6.040 on 22-Jan-2020.
23-Jan-2020 Insider TAN SRI LIM KOK THAY (a company director) acquired 1,500,000 shares at 6.130 on 21-Jan-2020.
23-Jan-2020 Insider TAN SRI LIM KOK THAY (a company director) acquired 192,600 shares at 6.160 on 20-Jan-2020.
23-Jan-2020 Insider MR LIM KEONG HUI (a company director) acquired 514,700 shares at 6.040 on 22-Jan-2020.
23-Jan-2020 Insider MR LIM KEONG HUI (a company director) acquired 1,500,000 shares at 6.130 on 21-Jan-2020.
23-Jan-2020 Insider MR LIM KEONG HUI (a company director) acquired 192,600 shares at 6.160 on 20-Jan-2020.
20-Jan-2020 Insider MR LIM KEONG HUI (a substantial shareholder) acquired 50,000 shares on 17-Jan-2020.
20-Jan-2020 Insider TAN SRI LIM KOK THAY (a substantial shareholder) acquired 50,000 shares on 17-Jan-2020.
20-Jan-2020 Insider PARKVIEW MANAGEMENT SDN BHD (a substantial shareholder) acquired 50,000 shares on 17-Jan-2020.
20-Jan-2020 Insider KIEN HUAT INTERNATIONAL LIMITED (a substantial shareholder) acquired 50,000 shares on 17-Jan-2020.
20-Jan-2020 Insider KIEN HUAT REALTY SDN BERHAD (a substantial shareholder) acquired 50,000 shares on 17-Jan-2020.
20-Jan-2020 Insider TAN SRI LIM KOK THAY (a company director) acquired 50,000 shares at 6.150 on 17-Jan-2020.
20-Jan-2020 Insider MR LIM KEONG HUI (a company director) acquired 50,000 shares at 6.150 on 17-Jan-2020.

Jika bukan trader, Ada kuasa pegangan, apa mau risau :)

Selepas cny, tengok virus Dah diatasi tak . Be Cool, enjoy your holidays, usahlah bimbang pasal wangmu :)

Winners: Property and REITs, automotive players

The reduced OPR rate will reduce borrowing costs for house buyers as well as as for property developers, and could spur home building and buying activities, said TA Research.

Based on its sensitivity analysis, a 25bps cut in lending rate could decrease monthly repayment of a 30-year loan by 2.9%, assuming the banks adjust their base rates (BRs) accordingly.

“Although we note a 2.9% decrease in monthly repayment alone is insufficient to convince consumers to commit to big ticket purchase, we expect consumer sentiment to improve, as lower instalment on loans will free up some cash flows for future spending and improve repayment capabilities, ” the research house said.

An easing interest rate environment, it said, would also result in lower borrowing costs for REITs to acquire future assets.

It added that interest rate cuts could also enhance the attractiveness of REITs as the yield of other fixed-income instruments decline.

Reiterating its “overweight” stance on the property sector, the research house believes the property market is showing signs of bottoming out and that developers should catch up in terms of share price movement.

“With various efforts to spur housing market activities, we believe there are trading opportunities to buy undervalued developers, ” it said.

CGS-CIMB, meanwhile, believes the impact on the property sector will be negligible.

It estimated that every 25bp reduction in borrowing rate would reduce the monthly instalment for mortgage loans by 1%-3%, depending on the loan tenure.

“Homebuyers’ purchasing power will likely increase in tandem but we expect the upside to be limited, especially for properties in the affordable range of RM300,000-RM500,000, ” it said.

Based on its sensitivity analysis, every 25bp cut in borrowing rate would reduce the monthly housing loan instalment by only about RM32-RM68 or raise a buyer’s eligible loan amount by RM3,000 to RM15,000.

“While the sentiment to purchase properties will likely improve due to lower loan instalments, this could be offset by Malaysia’s muted GDP growth and slowing household income trend, ” it said.

As for the automotive sector, it also sees minimal direct impact to total industry volume (TIV), based on historical data.

Nevertheless, it expects the latest 25bp rate cut could facilitate its estimate of a 1.8% year-on-year TIV growth for the auto sector in 2020, given the more favourable environment for Malaysian consumers.

MIDF Research said the rate cut should be positive for underlying auto demand, but expects sector earnings to be offset by a weaker ringgit as an implication.