Riaz1954 said fleet-footed and nimble.
"Save" said collect before CNY. After CNY and before 4th quarter results would go up. After 4th quarter results, got to wait another three more months of up and down.

Each mountain is higher than the previous mountain.

What Riaz1954 said is true. The CEO of Genting has already instructed the market maker to Q 4,788 shares at 4.90. If like this, even if the 4th quarter results beat expectation, it will stay at 4.90 and below.

My remisier HLIB told me that this Friday (CNY eve) is a whole day trading.

https://www.investing.com/equities/genting-international-earnings
Genting Singapore to release its earnings on 22 February 2024 after market.

TauRx Pharmaceuticals Ltd., a global leader in Tau-based research in Alzheimer’s disease (AD), announced today that the company will present the 24-month data from its Phase III LUCIDITY trial of hydromethylthionine mesylate (HMTM) at the upcoming AD/PD™ 2024 Alzheimer's & Parkinson's Diseases Conference from 5-9 March 2024, in Lisbon, Portugal.

@Dragon328, yes I remember that one. Genting dropped 19 sen. Encik Riaz1954 always criticise Genting for this type of policy.

I hope 26 Feb 2024 fast-fast come. All the sifu's here talking about calculation of Genting price for the coming good results. But this morning attemp to break 4.90 failed. And now going down.

hng33, you mentioned that after the end of Feb quarter results, Genting will be propelled back to its pre-pandemic price of RM6. But here we have Riaz1954 saying that CEO Lim Kok Thay will press down the price using the Genting shares he owns. If like this looking at the charts, there will be triple peak price of around RM5, and share price will never close at or above RM5. Can anyone here have the same opinion.

@Riaz1954, you mean Lim Kok Thay keeps on pressing down the share price and does not let it go up?

With so many sifus here, Michael_chan2022, Dragon328 and hng33, just have to wait a little bit longer.

Kenanga's target price suddenly change from RM0.78 to RM1.00.

The long tail below the body is indicative of sellers trying to push the price down by a significant amount but the buyers manage to push it back up. The buyers do this to show a definitive buying strength which will lead to an increase in price, going forward.

Went down to as low as RM0.76, can manipulate to close at RM0.78.

From a sleepy counter, become an active counter. Don't know what to expect.

I went in today (2 Feb 2024). There is nothing much that I could do now. Just wait until end of February to see whether its quarter results is good enough or not. Bears are in full control now.

I apply the ipo but cannot get. I think its FA (fundamentai analysis) is OK. Just went in at 0.335.

Hopeless share. My target price change from RM5.10 to RM4.80.

I wish to slap this Genting left and right to make it wake up.

Does Genting really depend so badly on TAURX? Can it depends only on tourism and casinos to break RM5 convincingly? My target is RM5.10.

Good, good, good hng33 is in Genting other than Dragon328. hg33 PBA hit a jackpot.

This Genting always the last one to wake up. Feeling very disappointed. Those who trade Rapid, Ynhprop, Imaspro, Mersec, Htpadu, Harlen, imaspro, JSB, Leform and SCIB should be very hurt.

Still got 23 more days to reach 15 February 2024. Very likely the final quarter results will be reported on 25 February 2024. I think there will be pre- result buying and after the results is announced, there will be sell on news.

Red in extremly low volume. That means only retailers are taking profit today after yesterday rise.

We need to borrow more good luck from Dragon328. He is also waiting for Genting to rally.

I need to borrow good luck from Dragon328. This Genting always the last one to wake up.

30 more days to wait for the engine to start running, some time between 15 Feb to 29 Feb 2024.

@ Michael_chan2022: Hong Kong and China share markets crash to the record low in history. China GDP below expectation. I am afraid it is going to be a long term bear market with low volume.

EPF ceased to be a substantial shareholder on 10 November 2023. It was two months plus ago already, EPF should have sold all their holdings.

Now RM2.38
RHB-OSK TP: RM3.00
TA TP: RM2.80
HLIB TP: RM3.00
AmInvest technical analysis: Resistance 1 : RM2.50

AmInvest technical analysis: Resistance 1 : RM2.50
Resistance 2: RM2.70

Now RM2.35
RHB-OSK TP: RM3.00
TA TP: RM2.80
HLIB TP: RM3.00

Hong Leong Investment Bank (HLIB) research anticipates a re-rating of Sunway Bhd with its upcoming healthcare listing and robust development in Sunway Iskandar. It has a "Buy" call on the stock, with a higher target price of RM3 from RM2.76. The firm said conversations on Sunway will be centred around the listing of its healthcare segment as the timeline for Sunway to list the segment, within the next two to three years, draws closer.

TA Research:
We favour Sunway as an investment proxy for domestic economic expansion and the re-ignition of Iskandar Malaysia. Additionally, we recognise substantial value within the thriving Sunway healthcare division. We revise our FY24-25 earnings forecasts higher by 1-3% to factor in the stronger-than-expected earnings from the healthcare division. Maintain Buy on Sunway with a higher TP of RM2.80, based on SOP valuation.

Sunway - Time To Start Positioning; BUY
Source : RHB-OSK, Price Call : BUY, Price Target : 3.00
Last Price : 2.35, Upside/Downside : +0.65(27.66%)

Everyday also can see investment banks promoting Sunway, but its price still stay at sideway movement. One needs a lot of good luck to keep this type of quiet share.

Ugly US CPI numbers. Unexpectedly rose from 3.1% to 3.4%. The hope for an interest rate cut dashed. Expecting another waves of selling pressure today.

Ugly US CPI numbers. Unexpectedly rose from 3.1% to 3.4%. Will expect the worst today.

Ugly US CPI numbers. Unexpectetly rose from 3.1% last month to 3.4% tiis month. Expecting for the worst today.

Price Target

Genting Malaysia - More Empire Preference Shares
Source : KENANGA, Price Call : HOLD, Price Target : 2.90
Last Price : 4.68, Upside/Downside : -1.78(38.03%)

I am too naive. I do not know the insiders are so dirty.

@Riaz1954: I have the same opinion as you. It is better to shut off the computer screen and open it back on 25 February 2024.

Thank you very much SAVE, STAMPID54 & MG9231 for your positive comments.

History repeats itself. I should have sold all when it is above RM5. That was what happened early of last year. Went up a while above RM5. Then, dropped back below RM5. And last year, when the negative 4th quarter result was negative, it crashed to RM4. But I think this negative quarter results will not repeat this Feb 2024. Let's see how over time. Too early to predict anything.

I have taken profit for half of my holdings. Another half, I am in paper loss. Hopefully, by 26 Feb 2024, it will go back up and I will sell the other half.

The 4th quarter earning will released on 25 Feb 2024. On 27 Feb 2024, I will sell all my Genting and GENM.

I just leave it as it is until end of February. Sometimes we gain, sometimes we lose.

Which share is confirmed to have a good earning report in the Feb 2024 earning season? It is not YTLPOWER. YTLPOWER only assured to have a good report in Aug 2024 after its data centre is set up in Johore. But Genting is assured to have a fantastic Feb 24 quarter report.

Chloe, oh Chloe, don't be fearful, when it went up from RM4 to RM4.60, there were many corrections on the way. If you cannot take it, just shut off the computer screen.

Michael_chan2022
Translation:

Tang Bolin, vice president of Rakuten Trading's equity research department, told Bernama that:
If the FBM KLCI is testing the psychological level of 1,500 points and successfully breaks through this resistance level and can maintain it for a longer period of time, it is expected that there will be more room for upside.

"Hence, we estimate that the FBM KLCI will hover between 1,490 and 1,510 points this week."