Winspp….thanks for agreeing…it all very clear now how west (US / U.K.) public reacted to killing millions of people in Iraq and Afghanistan to name a few a war conducted on false pretences yet the leaders have not been tried at Hague for war crimes …..why …is it colour of skin or religion bit of both….we live in a world where there is no consistency in justice …this will continue until one acquire bigger teeth nukes I mean!

Expanding without due care for generating revenue…..

Let down by high expenses …..

Operating expenses have risen considerably! Why? Revenue is good though

Shameful West calling for Putin to be tried for war crimes! Yet Bush and Blair killed over million people attacking and destroying Iraq on false pretences and the world kept quite and the war criminals are freed. West has been poking Russia and China all the time and they have used Ukraine leadership to instigate trouble and to,pump wepons into Ukraine …west has no morality! Poor peole of Ukraine suffer trouble makers just watch and throw stones!

Any price weakness can add with supreme confidence! When all markets are open and Malaysia opens up to tourists the price will fly….can see going to 7 if not higher by 2022 end looking into 2023

It is not weaker quarter…actually….these analysts don’t what they are talking about. It looks to me like an accounting error in good will valuation….revenue up quarter on quarter, other expenses massively up due to this valuation error or consequent revaluation

Lot of buying and selling on 1 cent movement, programmed trades that making little money….turning around with quick trades….very Malaysian

I think the answer is buy and hold assuming you have diversified holdings and have the liquidity.
More contracts hopefully to come from Australia…any contract is better than no contract as it keeps engine running and wait until elections are held and some brave investment decisions are made by the govt!

Too many chickens in this forum afraid of life…..and living afraid for burglars locking doors and keeping dogs …..no matter what you do live or die it has been written already for you, be careful yes but don’t g become a coward hermit!

https://www.theedgemarkets.com/article/sneak-peak-genting-malaysia-says-rm32b-genting-skyworlds-be-opened-feb-2022 GOOD NEWS FINALLY ….LETS SEE SOME POSITIVE PRICE MOVEMENT.

Need to open up,for international,tourism…..reporting case numbers is not relevant anymore….people need to be vaccinated that is the answer…..learn to live with virus and move on

European and US markets rallies….Asia and in particular Malaysia is so frustrating, it falls when US goes up and falls even more if US corrects! It shows Asia / Malaysia are Western countries poodles…..no distinct leadership or pioneering.

Those of you on this forum follow western countries blindly……and quote them when it suits your case…..well U.K. has removed mandatory Covid certification. From tomorrow …this is the endemic stage! However we in Asia like fools have been so scared to move on!

Some people have nothing better to do than talk utter crap on this forum….what a lot of weirdos!

Institutions confirm no risk Genting from Genting HK woes…..this has been made clear……there are some many companies that have large investor who has other investments….there is no direct or indirect risk….in any case nobody in their right mind will sell shares given the current undervaluation ……

US infections rate have peaked and by mid February will be drastically reduced. Don’t forget US is Country of 335 m people and has been pretty much open for business!

Genting will recover nicely, as risks are better understood by the ill informed. Genting hotels are fully booked over CNY…looks promising as dry weather is around. Las Vegas is also showing very healthy booking. Omicron is peaking in most places and will reduce or disappear very soon in February

No need to lock down and certainly far more harmful to do so….at last we are seeing common sense prevail…we need to learn to live with the virus …Like we do with other inflictions!

MG 123….what a carry on!

U.K. no action being taken no curfew or anything….watch BBC don’t spread wrong Information, Hospitals in U.K. are normally full this time of the year owing to flu when excess deaths take place …normally 40,000 people,die during Jan to March …..check out the facts so excess deaths due omicron is very insignificant. This is a fact

Genting resort busy by all accounts as well as Las Vegas…results should be much better than last quarter.

Still convinced opportunities will come if there is further correction, Malaysian equities lagging behind many countries …..are relatively cheap..despite headless leadership with regards to the economy and marketing of Malaysia

Latest update from ma h countries is that omicron is nothing worse than common flu….all the scare mongering has a purpose for some. I had it and I am old, (70) few days of body ache and head ache…..and tiredness….that’s it in my case ….so I am afraid there is lot of misinformation …

Dickyme …sure you are so righteous and clean I am sure. There are corrupt people from all walks of life nobody holds a monopoly! Let’s keep it that way! Check facts of what was written and suggested. I for one pointed out about Serba long time time back…..but I don’t bring religion into any discussion …keep it that way …otherwise you will have a problem.

Alenac….I would be careful if I were you! Bring religion and you will regret. Stick to facts …. Biggest corrupt folks are operating from US, China, India etc…US being the king except they deal with big stuff!

Where is Mr doom and gloom…Morning glory….only takes worst irrelevant facts from countries whose stocks markets have rallied despite cV …forgets to emotion that they suffer in winters months and the fact that Omicron is already a non issue in SA …most have very minor symptoms as was the case with me..!

Morning glory…..quoting numbers which mean nothing! The virus is not deadly as previously assumed, hospitalisation and deaths is what is relevant. Quoting US U.K. is not relevant as they are in winter and normally get high flu numbers in any case. Have you noted the rally in the stock market…in those countries! As to India with a population of 1.4 b they have more other issues to worry about. So please play it straight and stop scare mongering. I see Genting rallying to year high very soon ….only stopped by small profit taking by day traders.

No brainer it is the ultimate recovery stock….u like other counters in recovery mode…it has healthy cash position, people will realise that life must go on despite scare mongering ….Asian equities and Malaysia in particular have been hit hard because of being scared that follows western actions

Save SerbakDinamik….your assertion is totally incorrect! No Islamic country have the capabilities to launch satellite….are you sure! Get your facts right….check who has the nuclear capability to deliver on land, sea and air! They have chosen not to for financial reasons! You have to be careful not to show your obsession with religious prejudice. I am sure you will be the kind who run first at site of battle!

CIMB WILL ALWAYS BE SUPPORTED AS IT IS MALAYSIA PLC

Australia PM is absolutely right……the virus has evolved into less threatening, this is sign of the virus loosing effectiveness as vaccinations fight back. We need to return to normality and treat it as flu….but there are those who will invoke panic so that they can benefits …..these are not individuals but countries and institutions who benefit. We need to be smart and get on with life in disciplined manner…….Let’s show some resolution and grit! Malaysia Govt over to you!

South Africa have been making sense…..it is the European counties including U.K. is the issue….they do t follow any protocols what so ever….no social,distancing no masking and drinking in over crowded bars which happens every year during this period of X. Even in NRI al year hospitals are inundated with flu / drunk patients ….no benchmark developing countries need not follow them…your own strategy to keep economy is vital….western world prints money as they are generally immune from the vagaries of the credit agencies!

I wonder if Serba is a going concern? With clients and suppliers pulling out can’t see how this can be? I wonder if staff have been paid? No news on BAU activities. No one with brains would enter into any contract with this company ..unless new management is appointed.

Post removed.Why?

Not suspension but suspicion!

What a sad state of affairs….almost 2 years ago I raised my suspension in this forum about Serba and was pretty sure it was unethical set up, the way the directors were continuously trading in company shares, announcing MOU’s and share placements suggests were sure signs of fraud. I was shouted down! Where is that feline who makes stories and made a thing about battleships, another fraudster.

When it comes to traditional valuation methods in case of CIMB it is not so relevant. Due to large Investment by govt institutions, in CIMB it will do better than most in attracting new investment. Pension contributions have to be invested somewhere…and CIMB has a fair allocation to it. So I expect it to rally 6 sometime next year before final,results.

Stock raider please do some research….and learn basic meaning of net profit. Sure if they had no loans it would be better, but in such capital intensive industry borrowing or raising capital via RI is the norm…check out other global companies in oil and energy sector.

Sure 10% return next 6 weeks!

Borrowing is leveraging…..besides in such capital intensive industry borrowing is the only answer.

Writing is on the wall sadly! Not too difficult prove that there is no fraudulent reporting. I always suspected something was not quite right! So many private placements at huge discounts and MOU almost monthly, most did not progress….receivables rising faster than sales! Tell tale sign. Surprised it has taken such a long time. Sad that many would have lost lot of money… greed leads to fraud. I am sure problems already existed but auditors where more diligent this time around. I am sure there may be case against the audit firm for not picking earlier. Hopefully lessons will be learnt. Very bad for Malaysia Plc and the regulator.

General consensus after initial scare is that the omicron is mild compared to other variant. In any case we need to be carful comparing to countries who are unvaccinated and who are in winter …as they suffer from seasonal flu ….remember scaremongering is an art to make money. Who has come out of the CV stronger …the rich old countries like US and others.

How can you miss the rally when it has just started….it will retrace to 5.53 in the new year and if results season in Feb / March is better than it will rally further.

Genting will rally to 5+ by year end or soon after in the new year! New virus is infectious but symptoms are mild…..don’t listen to U.K. where hospitalisation due to flu are also very high in the winter months….Dec - March…..it is obvious having lived there. Flu deaths number 45000 annually! We need to live with cV as we do with flu etc. Chnage our life style and follow SOPs.

Omicron….it has been confirmed that the symptoms are very mild. Rate of infections in countries like U.K., US and Europe with or without omicron would be high given that it is winter and they have been enjoying the summer months without following any of,the protocols ….whilst countries like Malaysia have been locked down and over zealous …time has come to be brave and back the fact that most Malaysians have been vaccinated ….we need to change mind set! We need to live with the virus and get vaccine top up….open up the economy otherwise death will come for sure .
Don’t forget Western countries can print money at will and there is no impact as they control the rating agencies. We need to be smart and not trust these countries have our own strategy and viewpoint

Mini 2020 talk total crap!

Mini BRAINS FORGETS TO mention that omicron V gives very mild symptoms ! This is being consistently stated by SA and US….so Far!

Lot of bull is talked here. Let’s be honest lot of scare mongering going on! We follow the west blindly…the fact is U.K. and West has been irresponsible….in their compliance. We need to learn to live with is virus…mutation happens ….and bull accounts the symptoms are mild….the folks who benefit panic we know who they are! Deaths in MALAYSIA are mostly from folks that have poor health and existing co-morbidities…..things will settle down

Panic has been created deliberately…..the results so far indicate mild reaction to the latest CV variant! Some people and countries have vested interest in creating this panic! In U.K. in normal winter around 40000 people,die from flu, with Jan / Feb being the worse months …I suspect this applies to most European countries and US.