“Maybank cuts GenM's (EPS) for FY22 by 40% & lowered its TP to RM3.30 (from RM3.37)

Channel checks also revealed that few Malaysian VIPs are flying to Singapore, Phnom Penh and Manila to gamble compared to pre-Covid-19 levels.”

Alrdy expect RWLV/GenS to underperform..now looks like GenM also underperform

Surprised havent crash follow inari crash

Mybe waiting horrible QR 1st

Raya pump over no more good news..time 2 drop

MGM Las Vegas & Marina Bay Sands latest Q1 disaster alrdy show whats coming

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Soo close to unlock 45sen..moving up nicely

Lets see what tomorrow brings

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Aiyaa DestinyL do whatever u want..nobody cares

MGM & Marina Bay Sands (both excellent proxy 4 genting US/Singapore biz) latest Q1 disaster is fact

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Ignore whatever raya fullhouse BS..latest QR alrdy out:

MGM’s Las Vegas segment Q1 EBITDA drops to 594Mil (Q4’21 @ 699Mil)..inflation eat profit

LV Sands Singapore segment (Marina Bay Sands) Q1 revenue down year-over-year at 399Mil (Q1’21 @ 426Mil)..empty without china tourist until worse revenue than last yr

Inching up nicely

Enjoy raya party while Armada keeps drilling (black) money

Nice rebound..easily back to 45sen range in few weeks

Hopefully break even higher near QR nxt month

Yummy delicious raya discount cookies

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Double top red warning @ 47sen

Prev double top @ 70sen & 55sen..never reach again

Keyboard warrior work soo hard soo long (weeks/months) to win pointless argument which nobody cares..sure got mental problem kikiki

Wake up to reality..online isnt real

Focus Insas better..huge crash coming

Yummy delicious discount..lets see if can get abit more weekend selloff tomorrow

Key word 4 analyst - “pending further disclosure of allegations”

Could get ugly if really Armada payment to former India FM @ directly/indirectly approve Armada’s proj/FDI in India

Legal action by India Gov serious issue..KIV

RWLV underperform (inflation eat profit)..GenS empty (no china tourist)..huge USD debt (2019 20Bil vs 2021 30Bil) with interest/forex rates rising..GHK liquidation havent settle

Not surprised FF havent sapu..only depend on GenM/GenP now

Tq axiata beautiful rally..nice if can drop again

Easily drop 10%-20% once syndicate totally give up this ctr

Historically value 30sen++ only

RWLV likely underperform like last QR

Bad biz in US @ inflation problem..higher revenue but thin profits (high operating costs)

Even US gaming stocks (Caesars/Wynn/LV Sands) down 30%-40% from last yr peak

Tq armada nice rally..hopefully can drop abit coming days

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Nov high 70sen..Jan high 55sen..Mar high 47sen (lower highs)

Dec low 44sen..Feb low 41sen (lower lows)

Lets see how ‘lower low’ Apr downtrend can go

For the current quarter, Group revenue was 18% lower than the immediate preceding quarter due to LOWER sales volume and selling price.

Operating profit dropped by 45% attributable by DECREASE in steel prices and sales volume.

Group profit dropped 60% vs immediate preceding quarter

Aiyoyo still soo useless after soo long

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Aiyaa buy if believe in Armada..if not move on

Plenty other stocks can make money also..no one can 100% guarantee 1 stock will give better return than another

Cheers to hopefully another green week ahead

No need overcomplicate try pick top/bottom..buy undervalued price & sit tight

Will eventually recover back to 50sen range..fundamentals too good

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Slow day..hopefully better tomorrow

Nice dip today..current range just need pick entry & wait

Fundamentals very strong..still super discount

Walao super discount..how low will this go

Useless stock

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HK covid death skyrocket few X lately

Huge problem if DELTACRON coming..even china strict SOP/testing cannot stop

China covid cases suddenly explode new high until need lockdown

Who knows what new variant coming out from there

Armada also likely lose US50Mil Lukoil proj (caspian sea/russia proj)

PJSC Lukoil (russia) prob having cashflow problems too with all these sanctions

Too much bad exposure to russia

Armada sold 3 vessels to PJSC Lukoil (russia) for US44.5 million (RM186.6 million) deal to be completed end of Q1

Possible cannot receive money now with russia sanctions

Whatever weak hand throw, mgmt eat

Oil going below 100 soon..lets see if great wall 40sen still hold strong

Yummy delicious discount

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Sure mo “every 0.5% increase in interest rate will reduce PBT by 18mil”

Anyway alot profit lost from interest rate hike + cukai makmur + russia lukoil proj

P/s: Latest QR says 78% Armada huge debt is floating rate & 75% debt in USD

Armada 7Bil debt becoming big problem when interest rates start rising (future mybe lower rerating)

1% hike in interest rate (very possible this yr) means huge 70Mil profit wiped out

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