1 week ago | Report Abuse

GenB attributable net profit from GenS S$247m x 53% ownership= approx RM455m.
If GenB Q1 result net profit rm300m, hungkan liow la that means all other subsi including GenP, RWG, Empire, RWLV etc running at attributable net loss of rm155m.
GenS good result already priced in hence you get to see 4.70+ now. GenB's net profit need to be at least rm600m to show that attributable net profit from subsidiaries GenP, RWG, Empire, RWLV etc are giving rm145m. The bar is not high at all for Q1 NP rm600m.
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If GenP makes net profit rm60m for Q1, 55% ownership = approx rm33m of attributable to GenB. Combine GenS + GenP, both entities will be giving GenB attributable net profit of rm488m. If GenM + RWLV can just give another rm112m of attributable net profit to GenB, GenB's Q1 net profit rm600m liow. Its not difficult.
Lucky we have the Singapore side to power up the group earnings.
++++++++++++


GenP's Q1 NP rm42.8m, @55% ownership = rm23.5m attributable to GenB. Both GenS and GenP are already giving GenB rm455m + rm23.5m = rm478.5m. Need another rm121.5m to hit rm600m Q1 net profit. Im confident RWG will perform well but the wild cards are always USA operations RWLV and Empire. If Empire is really so good, LKT wont be injecting it into GenM to save his own axx! 😀

Not taking risk for Q1 result may be a good choice also. Result may be below expectation also. Unless Q1 profit is way above rm600m then bullishness can continue. Wed public holiday.

My projection of over rm10 ATH is very conservative. Got people even projecting at rm22.68/share!

If GenP makes net profit rm60m for Q1, 55% ownership = approx rm33m of attributable to GenB. Combine GenS + GenP, both entities will be giving GenB attributable net profit of rm488m. If GenM + RWLV can just give another rm112m of attributable net profit to GenB, GenB's Q1 net profit rm600m liow. Its not difficult.

Lucky we have the Singapore side to power up the group earnings.

May your wish come true @Riaz 🙏

Posted by neohts > 26 seconds ago | Report Abuse
ATK....so what is your projected TP ?
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Im not the whale. I duno whats their TP.

But confirm GenB will make new ATH after Taurx grand finale.

GenB attributable net profit from GenS S$247m x 53% ownership= approx RM455m.

If GenB Q1 result net profit rm300m, hungkan liow la that means all other subsi including GenP, RWG, Empire, RWLV etc running at attributable net loss of rm155m.

GenS good result already priced in hence you get to see 4.70+ now. GenB's net profit need to be at least rm600m to show that attributable net profit from subsidiaries GenP, RWG, Empire, RWLV etc are giving rm145m. The bar is not high at all for Q1 NP rm600m.

@Riaz from 4.45 zone to almost 4.80 its not bad liow. This is not an A.I tech stock la. Got rally, kena complain. No rally, complain more. If price drop, complain nonstop....

Posted by choysun > 3 minutes ago | Report Abuse
@ATK You don't think near term good? I thought uptrend still intact as supported by 200MA which is still trending up.
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@Choysun, chart still bullish but may pullback. Price probably wont drop much (support at 4.60 zone) until the actual D-Day GenB result.

It was a huge gap up + minor short covering. But by morning 9.30am the bears have taken over. Should have trusted the price action. Yes, should have given it a little more time until afternoon session on hindsight. I understand you were affected by the dow's rally last night + SIA headline news + the initial strong opening hurrah. It was indeed a tough spot to be in. Trading is never easy. Your competitors are all very smart and has huge financial muscle to move short term price (the whales). A good trader needs strong mental psychology and conviction to your own research. Need a balance of discretion when to make a decisive cutloss or when to hold a position a little longer that has moved against you.

We all learn along the way and become more savvy. Continue to do homework and make observations. Trade properly, dont do amateur punting. I wish you good luck @Don. Forever a student of the stock market.

Posted by choysun > 15 hours ago | Report Abuse
SIA also record profits, tourism industry should continue to HUAT right? Stay invested :p
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SIA bearish engulfing with huge vol today. Can be dangerous to trade on headline news "SIA made historical record $2.7B yearly profit". Those amateurs who bought this morning all kena trapped liow. The devil is always in the detailed analysis of previous quarters of profit growth/decline. No doubt SIA is regionally the early mover in opening up their skies for air travel, but this advantage of charging sky high priced tickets to make super profits is over as all other airlines are catching up. The days of super profit is over and going back to profit normalisation. The market is always forward looking.

Good traders dont just read charts only. They do also FA like analysis of financial statements, analysis of industry landscape, then form their own opinion. Amateurs only see professionals keying in orders and make profit.... wah like very easy. The amateurs didnt see all the time and hardwork professionals put in when doing their homework.

@choysun, price action not looking good over the past 3 days. GenS is the source of this bullish rally but its share price has dropped back down, trapping many punters who bought this week. From my previous observations, GenS may report excellent Q results but GenB sometimes may not be able to follow thru with excellent Q result. GenB's P&L always showing huge amortisation + interest expenses charges, largely caused by USA operations like Empire and RWLV. These USA entities may show positive EBITA but its actually running at a net loss, dragging the whole group level net profit down. I do hope it will not be the case again for this Q1 GenB result. Good traders dont just read charts, they also do some FA as well.

Posted by AngTayKor > 1 week ago | Report Abuse
Aiya mai so pessimistic la. LKT's sushi knife for minority shareholders is very sharp hence reflected in the stock price (collapsed since Empire RPT). We are dealing with the stock market so we go with the flow of the stock chart.
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Perma bears dont make money. Dont be too bearish. And dont be too bullish also. Observe the price action more important.
****************


I turned bullish a week ago. Would have been another Immediately Buy, Immediately Huat trade. All my money invested into Taurx liow which I think can give much much higher return than stock trading. I dont like to trade with "scared money" (money which I cannot afford to lose) as it will affect trader's mental psychology and judgment. The GenB buy call I made to only friendly kakis last week was spot on and they huat liow.

Posted by neohts > 1 hour ago | Report Abuse
I don't know how to read chart.
I will be very disappointed if price cannot break 5.20 before AGM.
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@neohts you need to be mentally prepared to be very disappointed. We cannot control where price will be moving. We cannot direct the wind but we can adjust our sails.

It is against human nature to be a good trader. When price is moving against them, the professionals "take immediate action" cut their losses very quickly. Amateurs usually held on losing positions, "hope and hope" for price to recover. When price is moving correctly after trade execution, its time to hope for price to move higher. But amateurs usually cut their profits too quickly to lock in meagre profit. So when its time to "take immediate action", amateurs will be clinging on to "hope". When its time to "hope", amateurs have a tendency to "take action" too early.

Charts are easily available. Everyone incl amateurs n top professionals are reading the same chart. Need to see how skillful the reader to interpret the trend n price action.

1 month ago | Report Abuse

FF buying.... better buy now
Closing price 4.80 hari ini?
此时(4.60 - 4.70) 已经是国時代了...好比4.00- 4.10的時候
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Thats what will usually happen when people dont read chart before buying or selling. Opinions are often wrong. Anyway chart reading is just a small skill. Trader's mental psychology and position sizing are much more important factors for success. Be patient, strike at the right time. When its time to strike, do not procrastinate. Be bold, trust your judgment and pull the trigger.

Opinions are often wrong. The chart is always right. Follow the chart.

When retailer punters buy at resistance n sell at support, who to blame? Why so lazy dont want to study T.A?

You know how many AD patients globally now? How many AD patients by 2030? No meat? You know HMTM can halt n even reverse AD for MCI patients?

Taurx on track to hit big jackpot. Next good news will be securing FDA's fast track passport. Dont blame taurx for retail punters' misfortunate. When Maybank etc analysts recommend buy, its often too late to buy liow (Johnny-come-late syndrome). Such nasty Wall Street tricks have been around for over a century but still can work very well for the cunning stock operator. Retail punters' human nature, greed n behaviour never change generations after generations.

https://www.cnbc.com/2024/05/10/jim-simons-billionaire-quantitative-investing-pioneer-who-generated-eye-popping-returns-dies-at-86.html

Posted by keyman > 48 minutes ago | Report Abuse

@Sifu ATK Thanks Sifu. This is what I concern most. Hope that everything will go smooth
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Dont worry too much abt Taurx. 20 years ago i immediately bought immediately huat. 2.5yrs ago i bet showhand immediately bought immediately huat also. I think still got good chance of price appreciation over the next few months hence bought back some shares that i sold off previously. No need for me to do anything now. Just sit back relax n wait for next critical event for price to spike up.

If we project Q1 result into 4 quarters, GenS can make abt S$1b net profit after tax for 2024 = Rm3.5B. Financial wise, will the thai govt welcome GenS to bid for thai casino licence? Financial aspects aside, the devil is always in the details on what the bidders can offer inside their proposals for thailand integrated casino resort. Hence, someone with even bigger financial muscle is not guaranteed to win the casino licence.

@keyman, fda AA final decision at least one yr away. If cannot secure this, taurx will have to go for ipo route which is not a favourable outcome for me. I believe we have good chance for fda AA.

Congratulations @neohts. Your patience finally rewarded.

Last Q4 was $119m. Q1 $247m. @neohts, profit more than doubled you think good or not leh?

Posted by AngTayKor > 1 day ago | Report Abuse

Aiya mai so pessimistic la. LKT's sushi knife for minority shareholders is very sharp hence reflected in the stock price (collapsed since Empire RPT). We are dealing with the stock market so we go with the flow of the stock chart.
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Perma bears dont make money. Dont be too bearish. And dont be too bullish also. Observe the price action more important.

Posted by rickygiam > 4 days ago | Report Abuse

Sold all @ 4.49, shift other counter much faster... Wait till got taurx new then buy in
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Aiyo wasted. Sold liow then price move up. Dont be too affected by naysayers la.

Aiya mai so pessimistic la. LKT's sushi knife for minority shareholders is very sharp hence reflected in the stock price (collapsed since Empire RPT). We are dealing with the stock market so we go with the flow of the stock chart.

LKT in financial distress pledged his shares how to privatise? Above 5.20 he selling, you expect him to privatise at 8.00?

Anyway when taurx grand finale jackpot what is rm8.00? Close both eyes can easily rocket past rm10.00 to new ATH.

Posted by neohts > 1 hour ago | Report Abuse

https://theedgemalaysia.com/node/696471

KUALA LUMPUR (Jan 7): Genting Singapore may bid for a casino and integrated resort licence in Thailand, should the Thai government open up the industry, according to Maybank Investment Bank Research (Maybank IB).
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Great article @neohts. I think there will be 5 integrated casino resorts in Thailand.

I wont question Singapore govt's decision to award one of the 2 coveted casino licence to GenS and also their recent decision to extend this dupoloy licence for another 10 years. GenS must be contributing very positively to Singapore's tourism, employment, economy, image and coffers.

Posted by ImCK > 8 minutes ago | Report Abuse
cruises is chip how close relationship with international super star bring them come open concert in thailand also a chip thailand need this all . so if got chance i would ask LKT step down let his son louis Lim manage entertainment kingdom i belive louis lim have close relationship with artist
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Hui is already the chosen one.

Posted by ImCK > 9 minutes ago | Report Abuse
back to the square you need P&L as basis support gain goverment confidence to bid casino lisence because they afraid will like genting HK why dont i choose better performance than weak performance player
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Technically GHK is LKT's private vehicle, GenB and GenS have no shares in GHK. GenS is a big employer in Singapore and paying good gaming and corporate tax to Singapore govt. GenS has the P&L to show, FY2023 made over RM2b NPAT. GenB got pulled down because of Empire + RWLV not able to show NPAT (EBITA figure can be misleading).

Posted by ImCK > 13 hours ago | Report Abuse
bid casino lisence need show data when people look at the P&L compare to peer how pandai talk also no use
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Genting group will use GenS to bid for Thai casino licence. I recall even the Japanese casino regulator had very high opinion of GenS integrated resort biz model and use it as a poster integrated resort but unfortunately during the last yokohama election an anti-casino mayor came into power. I think GenS has good chance at winning a Thailand casino licence.

Submissions to regulators are real. Wait for UAE approval in Q4 + followed by UK, USA, EU approvals next year.

During meeting with FDA, they want us to do another doubled blinded placebo trial if they give us AA. Better agree along first, then try solve the active placebo issue later on. KNN the blue pee problem.

I definitely have much more respect for LGT.

LKT ah LKT.... your sushi knife very sharp ah...

Bopian just treat LKT like he is the casino table operator/dealer, we are the retail punters at his casino tables. The house always win. Accept it as an "investment cost" for being LKT's minority shareholder. Its like that liow, it wont change. Complain here also no use.

Taurx not fake, HMTM confirm can halt / reverse AD. I think FDA AA got good chance. Just agree to whatever FDA wants to secure the AA first. Settle the blue pee placebo problem later on. Taurx shd spend some money to seek advice from expert food colouring company to help design out a blue colour pill that can give out blue pee. How can use methylene blue compound again as placebo??? Its the cheapest n easiest solution but its actually an active ingredient against AD.

Its human nature to take care of his own pockets first except he really milking way too much. Worse are those RPTs that shortchange minorities way too much.

Milk ah milk....... LKT ah LKT....

Many years ago, I think LKT bought over GHK at abt book value from GM. That was when cruise biz was very bullish. End up kena bad karma. Haha!

https://financialpost.com/pmn/business-pmn/regulators-close-philadelphia-based-republic-first-bank-first-us-bank-failure-this-year?fbclid=IwZXh0bgNhZW0CMTEAAR11UEjNVZ4OBBOCXR9SH3Uwm5yk1Ki616hAk1lwb7hwl0i3krtuz_2Gi-M_aem_AT0VsC0ofmLacShtNQHFbmHiLe9bFtINe2BaQzUR9H0hhqWx5UsYFx8r7TYRsvUihVxJrshEwcVl6AfFfX1XsnwV

At age 33, Peter Lynch was appointed to manage the legendary Magellan Fund at Fidelity. The fund earned an annualized return of 29.2% during his time running it, more than twice what the S&P 500 earned during that time. After 13 years managing the Magellan Fund, Lynch retired in 1990 at age 46.

What is the compound return of Berkshire Hathaway?

Today, it owns several private companies and 47 publicly traded securities. Berkshire stock has delivered a compound annual return of 19.8% since Buffett took the helm in 1965, which is twice the return of the S&P 500 index.

2 Mar 2024

Initial investment during series B fundraising round has been compounding at 16% annually for the past 20 yrs. I really cannot complain here. I can liquidate some shares now, but will miss out more upside coming.

@neohts if you can investment in something that can give you 16% compounding annually, you wont complain while waiting for grand jackpot also. Only warren buffett/ peter lynch class of investors can beat this type of return.

@neohts, i traded wrongly before also. The stock market is designed to fool most of the people most of the time. Your own money you decide.

@neohts buay tahan every week want Taurx update. Official taurx update only once a yr to their own shareholders + private n confidential.

Shorts already made their money this round from 5.20, 5.10, 5.00, 4.90, 4.80 all the way down to 4.45 n covered liow.

@investopology the MBS Q1 result already out on Thursday night. Not much reaction to stock price on Friday

Iran took 2 weeks to retaliate. Israel maybe also? I think better becareful of "Sell In May" this yr.

Please dont follow my reckless punting la. Bet showhand wrongly become beggar liow. Some years ago, i was waiting patiently for this stock's downtrend to fully playout. From 3.50 waited patiently to 3.00 chart point zone. It went even lower than 3.00 to scare off everyone. Thats when the brave ones should have strong courage n scoop up the shares with both hands (bring gunny sack also). Sibei soong ah...

Actually MBS Q1 result not bad leh, but LVS kena selldown 5%. Up to the whales to play the prevailing storyline n stock market. Follow the trend until it bends.

Could be an illusion to create mkt confusion? 😀

I like to see my "sister's behaviour" sometimes.