UAE first casino confirmed, to be bigger than Las Vegas

https://www.arabianbusiness.com/industries/travel-hospitality/uae-first-casino-confirmed-in-ras-al-khaimah-to-be-bigger-than-las-vegas-report

https://www.thestar.com.my/business/business-news/2021/03/20/raising-the-wager-on-genting

"At a revalued net asset value (RNAV)-derived target price of RM7 (based on a 30% holding co discount), there is a 38% upside potential for the stock, according to the research firm."

https://www.500nations.com/casinos/maFirstLightCasino.asp


First Light Casino Status

Casino Project stopped by the Fed Government (March 2020)

In March 2020 the U.S. Interior Dept has removed the tribe's reservation status which effectively ended this casino project. Details

Court Reversal (June 2020)

On June 5, 2020 a U.S. district judge stopped the DOI from moving the Mashpee Wampanoag land out of federal trust and ordered the DOI to "review the matter and issue new findings". Details

DOI Concedes Case (Feb 2021)

The U.S. Department of Interior withdrew its appeal of the June 2020 ruling, thus leaving the Mashpee casino land in federal trust. This was a major victory for the tribe and a greenlight to proceed with the casino project.

Current Status

The First Light Casino project for Taunton, MA is no longer on hold and can proceed with its plans to build a 150,000 sq-ft casino and a 12-story hotel south of Boston.

thurston Guys, if you read Genting Berhad structure.

It owns 52.7% Genting Singapore. And, with the current Genting Singapore share price at SGD 0.84, that means,

SGD 0.84 x 3.05 (SGD to MYR conversion) x 12b (total GENS number of shares) x 52.7% / 3.85b (total GENT number of share) = RM 4.21

Genting Berhad also owns 49.5% Genting Malaysia shares,

RM 2.67 x 5.8b (total GenM share) x 49.5% / 3.85b = RM 1.99

Genting Berhad also owns 55.4% Genting Plantation,

RM 9.98 x 898M (total GenP share) x 55.4% / 3.85b = rm 1.29

If you add up the above rm 4.21 + rm 1.99 + rm 1.29 = rm 7.39, please note that this has not included the value of other subsidiaries such as Genting Energy, Resort World Las Vegas, etc.

Simple calculation, Genting Berhad is definitely super under value stock.

Buy at your own risk, just my 2 cents.
23/12/2020 2:53 PM


Buy buy buy ! TP RM8, Huat Arr !

https://www.thestar.com.my/news/nation/2020/06/18/cops-bust-online-gambling-syndicate-42-arrested

Genting produced SOP video for opening approval submission. Too bad can't attach video here

@ChaseBros the hedge at usd35 is only for 750,000 bbls. You can find out how many bbl were sold from North Sabah in FY2019

https://www.themalaysianinsight.com/s/117949

Glove maker mulls suing British newspaper over damaging report

http://www.theedgemarkets.com/article/forced-labour-claim-against-top-glove-not-true-says-kula

@messi88
Top Glove gained 20 sen to RM10.70 after its net profit rose 7.51% to RM101.59mil in the fourth quarter ended Aug 31. It declared a final dividend of 10 sen per share.

https://www.thestar.com.my/business/business-news/2018/10/11/klci-halves-its-losses-ends-just-above-key-1700/

@Mizi1, the 5.13 is theoretical price based on the example. Actual will be 3-month volume weighted average market price later

hyino this counter make many ppl lose money ... haiz ..
05/04/2018 10:48

got ppl lose money, also means got ppl make money..

:D *makan popcorn* munch munch

hmm... same pattern for past few week ? especially friday.. ongoing pump or ongoing dump ?

Next QR | Est. Ann. Date: 31-Oct-2017 | 17-Feb-2018

Speculation : some already have privileged information ? thus the support recently..

abcd, bai bai, poison.. cepat mari :D

bsngpg It was published in theedge that Top Glove acquires Adventa aka Terang Nusa located in Kulim and kelantan.
24/10/2017 10:19

You mean this one ? http://www.theedgemarkets.com/article/us-firm-looking-adventa-acquisit...
It's very very very old news.. December 24, 2010
24/10/2017 10:25

Found it, today's article.. http://www.klsescreener.com/v2/news/view/296369
But it's speculated, Adventa AND Supermax.. so no conclusion..

bsngpg It was published in theedge that Top Glove acquires Adventa aka Terang Nusa located in Kulim and kelantan.
24/10/2017 10:19

You mean this one ? http://www.theedgemarkets.com/article/us-firm-looking-adventa-acquisition
It's very very very old news.. December 24, 2010

http://www.thestar.com.my/business/business-news/2017/10/17/top-glove-plans-rm1bil-acquisition/

"..The company that will soon be acquired by Top Glove is based in Malaysia and also produces gloves such as surgical gloves..."

ks5S http://www.theedgemarkets.com/article/comfort-gloves-2q-profit-down-absence-oneoff-gain
19/09/2017 22:49

Extract from above link..

"...For the first six months of the financial year, Comfort Gloves's net profit more than doubled to RM19.21 million, from RM9.4 million in the same period of the previous year. Half-year revenue was up 79.25% to RM208.3 million from RM116.2 million......"

BullRun88 Brace for higher rubber glove prices, says trade body
Read more at http://www.thestar.com.my/business/business-news/2017/09/12/brace-for-higher-rubber-glove-prices-says-trade-body/#4EyHjHT1Rbe5yFW7.99
12/09/2017 14:22

extract from link above...
"..We expect the second half of the year to be even better as Europe and America are buying very strongly with Asia leading the pack in terms of consumption. We understand from our members that most of them are in an oversold capacity position with some major players in oversold up to December,” said Low... "

:O

520ET http://www.theedgemarkets.com/article/glove-counters-fall-selling-players-hampered-rise-costs-and-ringgit
12/09/2017 08:09

Contrarian view: Push down price, to buy before surge after quarterly report ?
Conformist view: Sell now, let price consolidate and buy back later ?

which one are you ? :)

When quarterly report will come out ?

houston535tx Comfort Gloves Bhd - Target Price RM1.25 by RHB Investment Bank

not able to read without account.. can please copy paste report here ? Thanks

baibai.. good to see you are back here ! Please share more jokes with us XD

martinbartesque http://www.theedgemarkets.com/article/comfort-gloves-position-trade-higher-says-alliancedbs-research-0
31/07/2017 12:43

that's very old research, martinbartesque..

Ong Kam Siong I hope it drop to 0.70, then all the way to 0.50 in long term.
25/07/2017 09:59

Andry007 why u are here when u want it drop to 50cents
25/07/2017 17:36

XD kakakak Andry007 .. macam macam punya orang ada in i3. reading their comment is more entertaining than seeing stock prices

A Choo Pin so sienz..
20/07/2017 17:33

i think so too.. because mrbaibai never come make noise

wanny86 Waiting to cut profit or waiting to tp RM 2...
18/07/2017 16:46

RM2 may be overstretch.. but RM1.XX is within reach

siam8888 Since kenanga and other share brokers strong recommendation
18/07/2017 01:11

any link to the reports ? thanks..

riko terrible quiet
17/07/2017 09:58

calm (sideway) before the storm (next QR) ..

Alex Foo no joke, 10k lot parking at 0.87 preventing fire from happening....
14/07/2017 16:13

preventing fire .. or want to collect oh XD

Is now sideway period ? until QR is almost out.. then either fly up or fly down
my bodoh stock view XD

riko then i wait at 0.68 loh .. anyone wait at 0.58 ?
13/07/2017 11:17

i wait at 0.48.. 48 48 XD

http://www.thestar.com.my/business/business-news/2017/07/12/manufacturing-records-strong-growth-in-may-ipi-exceeds-forecast/

"..The major sub-sectors which expanded in May were: electrical and electronics products (11.6%); food, beverages and tobacco (12.9%); and petroleum, chemical, rubber and plastic products (3.1%).."

out of the 3.1%.. wondering how much comfort contributed

TakeProfits All if you but comfort and hold ..for long term?
11/07/2017 21:41

Depends on your strategy ? For myself, look at each QR and decide take cut-loss, take profit or hold further..

BodohStock Alex Foo riko pro, my timing veri bad, i don't dare sell~
07/07/2017 17:02

many strategies which can be "buy low sell high", "buy high sell higher", "buy and hold". but i dont quite understand "buy high sell low"
07/07/2017 17:15

i think i finally understand "buy high sell low" .. https://www.thebalance.com/buying-high-selling-low-3141301

"..The other side of the market is when a stock has fallen; most investors may want to sell along with the rest of the market. If you go by price alone, this can be a bad decision (sell low).

There are many reasons a stock’s price drops and some of them have nothing to do with the soundness of the investment.

That’s why if you only follow price you may miss an opportunity..."

Mr baibai.. are you coming back here to make me laugh ?? Where are you..

But today's volume not so high..

Alex Foo riko pro, my timing veri bad, i don't dare sell~
07/07/2017 17:02

many strategies which can be "buy low sell high", "buy high sell higher", "buy and hold". but i dont quite understand "buy high sell low"

i'm wondering if mr baibai went to CCB (2925) counter ;D

http://www.thestar.com.my/business/business-news/2017/07/06/mercedes-malaysia-on-track-for-another-record-year/

Luckily got riko to provide me smiles :)

Anticipating the next QR ..

Mana mr baibai ? Without you, there is no laughter here..

abcd, how is the value derived? Any data to calculate the claims?

chowhongping http://klse-wealth-farmer.blogspot.my/2017/07/comfort-story_2.html?m=1
05/07/2017 09:05

" COMFORT is planning to complete the expansion plan by the end of FY18. Thus, we should expect a full quarter results with the expansion in FY19 Q1. With the expansion, the quarterly EPS will become 2.18 cents, ie. 20% improvement of current FY18 Q1, and R4Q EPS will be 8.74 cents. Assuming a conservative PE of 15x for glove manufacturing company, the Company will have a fair value of RM1.31, which is 46% from Jun 30th closing price of RM0.895."

FY18Q1 is when ar ? Jan 2018 or Mar 2018 ?

today i monday blues :| mr baibai no make me laugh..

Andry007 up trend still intact but going consolidation
03/07/2017 09:23

consolidation is good, stabilise before next up wave.. betul ka my understanding ?

;D i keep coming back to have good laugh.. what a comedy to read from here

Baru baca... https://klse.i3investor.com/blogs/kenangaresearch/126432.jsp

Outlook. Looking ahead, due to the pent-up demand for rubber gloves, NGCs Plant 1 and 2 are presently fully utilised. Correspondingly, ................ We expect volume sales to surge following the lower average input latex cost in tandem with falling raw material latex price.

We raised our FY18E/FY19E net profit by .....

Maintain OUTPERFORM. Correspondingly, we upgrade our target price from ...