The Board of Directors of Genting Malaysia Berhad (the “Company” or “GENM”) wishes to announce that Genting Americas Inc. (“Defendant” or “GAI”), an indirect wholly-owned subsidiary of GENM which is an investment holding company incorporated in Delaware, United States (“US”), has been named in a complaint (“Complaint”) filed by RAV Bahamas Ltd (“Plaintiff” or “RAV”) on 7 October 2024 (US Eastern date/time) before the US District Court Southern District of Florida and served on GAI on 11 October 2024 (US Eastern date/time), which involves the operations of Resorts World Bimini (“RW Bimini”) in Bahamas, for which RAV is seeking for damages in excess of USD600 million.


RW Bimini is owned and operated by BB Entertainment Ltd (“BBE”), in which GENM indirectly holds 78% interest whilst RAV holds the remaining 22% interest. GAI is an affiliate company of BBE.

The Board of Directors of Genting Malaysia Berhad (the “Company” or “GENM”) wishes to announce that Genting Americas Inc. (“Defendant” or “GAI”), an indirect wholly-owned subsidiary of GENM which is an investment holding company incorporated in Delaware, United States (“US”), has been named in a complaint (“Complaint”) filed by RAV Bahamas Ltd (“Plaintiff” or “RAV”) on 7 October 2024 (US Eastern date/time) before the US District Court Southern District of Florida and served on GAI on 11 October 2024 (US Eastern date/time), which involves the operations of Resorts World Bimini (“RW Bimini”) in Bahamas, for which RAV is seeking for damages in excess of USD600 million.


RW Bimini is owned and operated by BB Entertainment Ltd (“BBE”), in which GENM indirectly holds 78% interest whilst RAV holds the remaining 22% interest. GAI is an affiliate company of BBE.

Good price to buy or top up at strong fundamental company.

Sky is clear now. Is time for FPHB to up due to good quarter result and prospect. Coming quarter result will be bettere and better. Will top up more.

Director bought from 0.61 to 0.65 last few days.
https://www.malaysiastock.biz/Company-Announcement.aspx?id=1581615

Directors keep buying. Bought at 0.615. Good fundamental stock. Target price should >1.50

Buy FPHB before OTB recommended to his subscribers to come sapu this good fundamental and prospect stock.

FPHB is a very undervalue stock with good fundamental. The next multibagger stock will be FPHB. Should easily hit >1 this year.

Bought 1.07

What I can say don't miss this FPHB gem. Collect now when it is at low price. Once it breakout then you need chase at very high price.

FCPO rebound from bottom. FCPO 4050 now. Bought Jtiasa at 1.10.

FPHB should easily hit >1 this year.

Excellent quarter result. Huat ah...

FPHB is a very undervalue stock with good fundamental. The next multibagger stock will be FPHB.

May I know when the Unique warrant will show in our portfolio?

Palm oil price big drop today.

旅行团火爆订单激增 春节料10万中国客游马
https://www.enanyang.my/node/589554

旅行团火爆订单激增 春节料10万中国客游马
https://www.enanyang.my/node/589554

Tan KW, my pick for 2024 as below:
CHB 30%
WCEHB 30%
CAB 20%
AIRPORT 10%
GENM 10%

Big shareholder start selling ytlpower
https://www.klsescreener.com/v2/announcements/view/6033045

Big shareholder start selling ytl
https://www.klsescreener.com/v2/announcements/view/6032985

KWAP start buying Airport. Will rebound from 200 SMA line.

Next quarter prospect very good. Buy for next quarter.

Mfcb prospect very good

Forward PE for Jtiasa is 0.955/(0.069*4)=3.46. Some more prospect so good. So undervalued. Will collect more.

Huat ah. Bought at 0.685 this morning

Bought 0.75. Good prospect.

Bought 0.955. Good earning and prospect

Bought 0.67

Good news, tomorrow big up

Myeg excellent quarter result and good prospect. Myeg tomorrow gap up and close at 0.9 ++

Abolish tolls involved wcehb. GG

Bought mflour 0.62. The worst is over.

No private, no right issue. Hoot 9 e

The loss of qrt is totally well expected by management due to the interest cost, and it is part of the infrastructure expenditure for the project.
This loss quarter result is expected. The most important is company able to complete the rest of sections without delay. Once all the sections completed, then is time for wcehb archive higher target price.
https://theedgemalaysia.com/node/679891

The loss mainly due to one off impairment loss as below:
a) RM11 million one-off impairment loss on goodwill in the Singapore and Indonesia subsidiaries.
b) RM7 million impairment of outstanding receivables and contract assets for construction projects.
Gadang continues to actively pursue the recovery of outstanding sums.
c) RM9 million impairment of the 9-megawatt hydro power concession in Lintau, Tanah Datar,
Sumatera Barat arising from delays caused by social disturbances in land matters and construction
issues. The project was also impacted by the efficiency and productivity of the construction workforce
and the travel ban brought on by the pandemic.

I believe semiconductor stocks will report lower profit, to be safe, avoid semiconductor stocks for time being.

If you go to check on MSC sell queue on last friday closing then you can see there are 10611 lots waiting to sell to you at price 2.1. Go to check now.

Tan KW, my pick for 2023 as below:
JAKS 30%
MSC 30%
PA 20%
EKOVEST 10%
AYS 10%

May I know any link I can see the real time CPO price?

May I know any link I can see the real time CPO price?

May I know any link I can see the real time CPO price?

Tan KW, my pick for 2022 as below:
HIAPTEK 30%
AYS 30%
ARMADA 20%
WONG 10%
HLBANK 10%

GOOD NEWS FOR ALL STEEL STOCKS

WASHINGTON (Reuters) - The United States and European Union are expected to announce a deal to resolve a long-running trade dispute over U.S. steel and aluminum tariffs this weekend - as early as Saturday - five people familiar with the agreement said.

Two of the sources said the agreement, details of which were still being finalized, would allow EU countries to export duty free some 3.3 million tons of steel annually to the United States under a tariff-rate quota system.

Now, if US abolish tax on steel and aluminum, it will encourage steel export to lucrative US steel market which command higher premium price.

US need a lot of steel from oversea to buid its infrastruture and aluminum to buid its solar energy. It have to abolish import tax from oversea steel and aluminum now, to increase import volume to meet high local demand

LeonFB announced private placement on 13 Apr 21 with issue price is 0.77. At that time, LeonFB price is 0.92.
Today LeonFB stock price is 1.01 with 2 cents dividend on 17 Jun 21, now LeonFB stock price is higher than private placement price at 0.92.

Now AYS announced private placement with issue price is 0.76. Today AYS stock price is 0.86. If compare different of private placement price and stock price in between current AYS and previous LeonFB private placement and stock price, seem like AYS(0.86-0.76=0.10) private placement is better/worth than LeonFB(0.92-0.77=0.12) private placement previously.

Another thing is AYS management is optimistic with performance for the remaining quarters of the financial year ending 31March 2022.

China steel price rebound strongly now.

China steel price rebound strongly now.

China steel price rebound strongly now.

China steel price rebound strongly now.

China steel price rebound strongly now.