Current Market cap 1100mil, cash on hand 550mil. 😊

https://theedgemalaysia.com/node/716187
Finally Uncle Lim has spoken.
"Genting's chairman and chief executive Tan Sri Lim Kok Thay highlighted that the energy investment is part of the company's long-term business strategy. “When it comes to the expansion or diversification of our business, away from gaming, we [work] very quietly and had to make sure that we prove it. So in this case, as you notice — the energy business itself has been transformed,” Lim said.
“To still be sitting here in this room with you [the press] and to talk about the expanded footprint of that [energy] sector of the business… I think it is clear and it is very rare that we try to explain our long-term strategy [to the press],” Lim explained.

For context, last year, the group's energy business contributed about US$365.7 million in revenue, compared to the US$4.9 billion generated by its leisure and hospitality business. Tan noted that competitive gas prices could potentially boost energy revenue by up to US$1.3 billion. “That is why we spend a lot of time and energy in this particular space [energy division],” he added.

https://theedgemalaysia.com/node/716113
"Genting president and chief operating officer Datuk Seri Tan Kong Han said SDIC Jineng is expected to contribute up to U$346 million (RM1.63 billion) yearly in revenue for 25 years" quoted from the articles above.
In year 2023, the Energy sector revenue was rm1.6billion (2022 was 1.5billion)
Adding in this new source of revenue, rm1.63billion, the energy sector is expected to contribute rm3billion/year.
Although this rm3billion from eneryg sector is not huge compare to their leisure renevue, rm23billion (2023), at least Genting is making move to growth and diversify.
Genting is really continue looking for growth, one of the aggresive bluechip that can possiblity push KLCI index higher. Why people still saying Genting is old man stock? hrrmm
Can genting make a new milestone by achieving 30billion revenue/year ? Answer is so obvious now.

Added 80lots at 4.66 today to my portfolio. Will keep holding it for long.
Since above comment discuss about the possibility of US listing. Based on Mr.Lim recent interview, he never deny, mean there is the possibility.
Year 2023, the revenue contribution was distributed to 30% Singapore, 30% Malaysia and 30% US, the rest is from other region.
Singapore is listed as GenS, Malaysia is listed GenM, how about US ? personally i take this as a bonus. This is especially the Resort World Las Vegas which commenced in 2021, has contributed a significant amount of revenue. hotel occupany hit 90%. This is a new source of income to Genting berhad after covid.
Let assume it is really listed in US, the money from IPO will help to reduce borrowing in USD, cash flow will become healthier. This is all a bonus. Without this IPO, Genting is still generating pile of cash especially in recent quarter. Thats why i am so positive on this. Perhap this stock will stay low until second quarter, then investor only have a clearer answer. Sorry for another long posting.

Look at top30 KLSE stock, only a few stock that aggressively doing expansion and hitting new high renenue. YSL, YSL power because of Datacenter and both are valued in a very premium price in my opinion. However, i found that Genting is being neglected by most of the investor attention. It broke new renevue high record in 2023, although the profit is not return to new high yet. perhap is a chance to collect more?

Although this company has breaking new high renuve, the current price 4.69 is at 15years low. It's not like Genting never do expansion in the past 15years. So why it still value at so low? Its the profit that has not follow up.
But in recent Q1Y24 result, profit is 588m. it would probably break new high if it is able to sustain this.
Let's wait for Q2Y24 result, if the profit is around 400-500m again, congratulation to all.
To further boost our KLCI index higher, personally feel that Genting should be one of the main contributor in coming days.
*i am holding Genting since 2022. Probably will add more into my portfolio. I like Genting is because the chances for this stock to drop futher is low, not because of the potential return of this stock is high. Risk management is the key to your success long term investment.

Still have room to growth. People just about to start noticing this undervalue stock.

This stock come to my attention after recent QR release. And i am wondering, why this company stock price is staying low even with high recurring income and huge pile of cash on hand. After reading Annual report from 2019 to 2023, i have come to a conclusion below.
1. The company revenue has shrunken. This is especially on automotive segment which used to be ORiental cash-cow business. Especially on Singapore market, revenue from 2.3billion(2019) dropped to 700mil(2023). Profit also fell from 292mil to 159mil. This is due to high competition from other car brands especially EVs. Numbers of Honda cars sold are dropping, shared in the annual report.
2. The revenue and profits in 2022 and 2023 is supported by plantation business thanks to CPO price surge high and as long as CPO price above $3500.
3. The past few years profits was good because of disposal hotel in Australia. in 2022, disposal gain 200m and recent Q1Y24, another disposal gain of 200m.

I do not own this stock, just did my due diligence study before investing in this stock as this stock really attract dividend investor like myself.
Since this company has huge pile of cash, I hope the board of director will make new move to expand their business.

Please share with me if my interpretation is wrong. I am still very keen to invest in this company if there is good points that i missed out.

Okay, perhaps we are just different type of investor with diff risk appetite.
10-20% annual return is huge return to me, but might not be for others. As long as we consistently beat the market and FD. we are winner.

At current price 2.44,
The average 5years payout ratio is 60%.
Let's assume company will continue this payout ratio.
60% of 30.9EPS = 18.5sen , this is equivalent to 7.6% dividend yield

If taking 5% dividend yield(still better than FD), the stock price should value at $3.70
Dont you think this stock is undervalue?
And this stock has consistently growth for past 4 years and this year profit has break 7years record high.
Keep collecting some in every month.😁

Apologize for the long comment. but i hope those who interest in Panamy and still new to Panamy can have a quick understanding of Panamy with my comment above. Stay happy investing =D

Hi JamesBond. Thanks for pointing out. first of all, your first intention to drop comment in Panamy, does it mean you are interest in this company? else there are 900+ other company for your choice.
I will share what i know about panamy. Panamy is mainly focus on LSAC and HVAC product only. You mentioned about smartphone, TV, washing machine, air conditioner/ purifier. Non of them are related to Panamy. Key product from Panamy is Vacuum cleaner, bathroom water heater and fan. so far, they are still the market leader for water heater and the fan especially their KDK ceiling fan ( KDK is actually owned by panasonic).
In the past 3 years, Panamy revenue was affected by covid, flood incident and follow by the termination on rice cooker. this resulted the revenue dropped and lead to stock price drop from $30 to $18. That is why, my own opinion that now it is reflecting undervalue in the stock price because the revenue and profit has been improving Y-o-Y. and the restructing operation has done. having say that, now it provide a more clear outlook, with a better dividend return and also potential price return to $25-30. it is about the risk and reward, those who has higher risk appetite, can go for datacenter theme and chase high. for those low risk investor, Panamy is a safer and defensive stock with potential capital gain.

You may refer back to this article shared by M+. then do some calculation of its current book order.
https://klse.i3investor.com/web/blog/detail/MplusOnline/2024-03-20-story-h-185680172-Powerwell_Holdings_Berhad_Well_Powered_In_The_Power_Distribution_Indust

And the reason why i bother to drop this comment is because i like scicom, if it drops under a price where i feel undervalue, i will collect maybe.

I used to hold scicom in 2022 and 2023 until the CHATGPT released. it has shaken the long term investor to think, whether this Ai will affect Scicom business or its a boaster to Scicom business.
In this bull market 2024, all boring dividend stock has move up slightly, at least beat KLCI that up 10%.
This is not hater comment, i do like scicom as a dividend stock, but the future prospect is still unclear.

The current orderbook of Powerwell is 130m, it needs to get more contracts to justify the current price.
Else, look at this QR, the revenue is unacceptable at the current price 0.47. But the timing hit just nice where there is completion of project that boasted the profit high.
But yeah, its in datacenter theme. so powerwell gogogo

Hi 5 to Trinity, hahah i have been holding kipreit since 2022 to harvest dividend portfolio. Yes its a stable stock.
the price is always around ~0.89. its bitter sweet

Thanks foreverchung for the sharing.

Hoping no one notice this stock has just break the profit record of 7years high. keep collecting and avoid the crowd.

Finally QR released! meet my expectation definitely! FY2024 would be an improvement of 55% compare to FY2023 if we exclude the one-time insurance claim in FY2023 amounting $22m due to flood incident. Dividend also increases compare to FY2023. near to 7% dividend.
Keep this stock like you put it into FD, but with higher dividend yield and potential capital gain. The chances for this stock to drop further is really low.
i hope this stock keep low profile like this to allow me collect more.

Q4 usually is a weak Quarter for Panamy. let's hope it has YoY growth, with better finance income and absence of restructing cost.
Regarding the new water-related product, anyone has information about this?

hahah, just wait for the coming quarter result. then we can calculate the dividend yield whether it will push up or continue sleep.

Readjust my portfolio and added more Danco at 0.445 today. not expecting short term capital gain, buying for long term dividend harvesting.

KWAP last buying Panamy share on Jun-2021 until yesterday(2-May 2024), KWAP start to purchase Panamy share again. Is Panamy really undervalued at this price $19 ?

Volume is coming back to this stock, mean some people has been collecting it.
this stock should value at $23 if the next quarter4 can achieve 15-20mil profit. If stock doesnt move up, its ok because div yield is more than 7%. Let's wait and see

Recent price up has trigger me to sell all my GASMSIA today at 3.60 with 22% capital gain, it took me a long consideration because this stock really stable with high dividend. been holding it for 2 years. My biggest capital gain in this year.
Reason to sold, i found a better dividend stock with potentially capital gain too.
GASMSIA is still a good stock to hold.

Finally a respectful teacher, GP Chen has highlight on this stock and i totally agree to him.
Am i still talking to the moon, or you ready to join me?

Quietly bought in this stock at 2.14 on 26th March. Looking forward upcoming dividend announcement.

Just found this stock, put it into my watchlist. cash-rich, stable dividend payout and growth in profit which lead to high dividend.
but current price $1.83 not so attactive. waiting for a correction to enter.
Congrats those who enter 2months ago around $1.50 .

i just sold all Powerwell shared at 0.42 (purchased price 0.30). Although last closing price is 0.45.
I have gain approx 35% capital gain in a month.
At first, i bought in powerwell for dividend harvesting in long term. but recent price surge, i decide to take profit instead of harvesting the dividend.
fundamentally, powerwell is a good company with cash-rich. There is only one risk to take note, the current order book is 70m(shared by M+ research articles on 20th March), Q3 itself was fantastic 67m revenue. It means their orderbook might sustain for another 1-2quarter (revenue 30-40m per quarter). I hope powerwell will announce new big project award, else it doesnot look good especially recent price surge.
Will come back when this stock is not so crowded with a proper entry price.

At current price 17.84, i think the downside is really low, this is a defensive stock and it require a lot patient to wait. It may take 6-1years with the support of good quarter result to reflect its TRUE value. Invest this like putting in FD but with better rewards. Happy investing =D

Go through past 2 years quarter report again, note that the PB is only 1.38 which indicate 40% discount ratio compare to 5 year median PB. ROE is standing at 10. One good sign is the cashflow has become positive since 2023 and current high interest rate will lead to higher finance income. There should be no restructuring cost incur for upcoming QR because of the termination on rice cooker. My bold prediction is that Q4Y23 profit around 20mil. Once investor realize the dividend is high with positive cashflow, this stock will finally move. i am so bullish and excited to wait for next QR. I have consistently collecting this and it take 30% of my portfolio now.

This stock get my attention for potential resume good dividend. Hope upcoming QR is good.

Danco should be fairly price at 0.47. look forwards upcoming quarter, hopefully it keep growing while enjoy 5% div.

i bought in 0.30 a week ago, planning to hold long term for dividend, then this stock shoot up 30% in a week time, value at 0.390, Sold partial and will re-enter when there is small correction.

If someday this stock announce dividend, definitely the valuation of this stock is different. lets see.

Board of director wont bother to payout dividend because the directors prefer to reward themselves through remuneration. In 2022, annual profit is 109m. 40m was paid to the directors for remuneration/salary. Come on, 40mil, dont sound crazy? You can check this in their annual report. So there is no reason for them to announce dividend payout to reward investor like us. but i was looking forwards in recent quarter because their profit break all time high. however, It is quite dissapointing that no dividend was announced. thats the reason i sold it after recent quarter result released. I bought in price was 90sen in August 2023, decide to sell it because it no longer fit my criteria to hold this stock, which is no dividend.

Just bought in at 30sen today, buying in batches until the next quarter result.

Boring and steady with high dividend.

BReak new high revenue ! nice but why never reward investor with dividend. else i would buy in this stock.

Continue collecting it at open market tomorrow at $18, cheers. Secure a 7% dividend stock with potential capital gain.

Not a shareholder of this company,just yet. But in my POV, the most recent Q3 report surge high profit is because of bangladesh one time solar project worth of 40m sales. This is the reason why the stock price did not limit up as some of you expect.
And this company is relying on new project, dont have big customer to rely on repeat sales. So you must not ignore their current order book which determine the following quarter. And if no big project announcement in near term, it would signal sell to investor. The current order book for this company is not high in my opinion.
On a good side, the company is generous for pay dividend 1.4sen. Continue monitoring especially people are speculating and frying up this stock.

Hi, just bought in Danco today at 0.435. Plan to hold long for dividend and potential growth.

Added my position in Gasmalaysia for long term dividend.

I am no longer holding Shangri-La. cutloss at $2.48. it was a pain cutloss but manage to recover the lost from another stock.
For your information, people are worry that Q4 to have impairment lost due to asset devaluation on their Myammar business. And one of their big investor,ABRDN resume selling.
If you are still holding, just continue holding, no point to panic sell now.

https://www.coolingpost.com/world-news/panasonic-opens-ac-rd-centre-in-malaysia/
to all the investor who interest to read. Management are expecting a new product water-related launch in 2024, i personally think it is water heater since they build this huge R&D lab for it.

OKay, i collected again at $17.90 yesterday. see you in 2024

I have been holding Hupseng for 5months now and will continue holding long position. Topped up Hupseng at 80sen, average holding price 71sen. Looking forward the upcoming dividend announcement in next week.
In my opinion, Hupseng is still undervalue at current price 81sen.

Early October,add up again at $18.5 to average down the cost. . Good time to collect during bad times. and this stock will definitely comeback when market is good. trust the past track record.
i will come back when it happen to drop to $16.

Thanks Fortunefire for the link sharing, it is an interview with Hupseng excutive director.
Here are a summary for my own reference and to all,
Hupseng raised their biscuit price in 2022 by 8%, but see sales affected on Q2Y22 due to price up, losing some market share. But in 1HY23, they are getting back the market share.
Company is confident to maintain a healthy profit margin, considering the raw material has stabilized now. Their target for 2H is to maintain double digit Profit Before Tax.
Company has a high pile of cash, their planning is to invest 2 new biscuit oven which cost around 19million each. and the remaining, it keeps to ensure the dividend payout to investor.
In recent years, Hup Seng dividend payout is around 100%, but it does not affect the company cashflow. The management has no plan to aggressively expand their business as the executive director said Hupseng is liked by investor and institute of its sustainable high dividend yield.
Asking whether the company is fairly value at this moment, the director refuse to answer. Rather she would want to focus more on the biscuit product quality as a core.

Bought in today at $21.00
Collecting it for long term dividend payout