Genting berhad is 64 % is trading below fair value ..which is around 11.64.....so it is a very good buy for medium term. Stock will recover as there will be pent up demand. 2022 is the target date

Virust....not so simple to compare! How about comparing the mortality rate? 650 add 0 you get 6500 V 550,000+ no comparison....number and statistics can paint wrong picture at the hands of negative people! Infection rates will rise but most are asymtomatic people at risk are 60+ with bad underlying health conditions!

60% increase in provisions! That says it all!

Thai business results not too bad....the provisions are much higher and in 2021 may be released. The underlying numbers are ok...be realistic at least they are making profits and not losses....hopefully much of the bad debts may not be realised!

Re ....vaccine etc etc...end of the day mortality rate ...is very low lower than dengue I suspect. Most people who get CV get no or very mild symptoms....the issue is of course 69+ year olds...with problems....what I am trying to say is that the the infections will rise but most of these will not impacted other than quarantine....so conclusion don’t get too worried but vaccine is critical to break the infection...most carriers foreign workers etc are fit guys ...who don’t even get symptoms.

Rolls Royce did a big rights issue it was very successful, the shareholders benefited by making 37%...but it was existing shareholders who had suffered...so it fair they have an opportunity to make up! That’s how it should work!

Tell me who would not buy a share at 10% discount when FD is 1.75-2.5%? This is guaranteed return in the current low interest environment! Open to fraud. I can imagine if the capital raise was large and therefore risk of failure ...here the raise is relatively small but it shafts the shareholders.
Any person willing to argue against my conclusion? Sure I don’t need to invest in fact I don’t jsut point out the fact!

PP V rights issue ...rights issue is fair to existing shareholders...PP is just a scam! Period!

Let’s see what happens as PP is approved and will be activated at considerable discount. Most of these PP subscribers will sell at first opportunity around,1.60 level...this depress the market. People forget the share price is derived from supply / demand..if people seek shares and there is not sufficent buyers the price drops...irrespective of how many contracts Serba has won and all that ...nothing to do with success of the company.

Minetech skills is picking stones from quarries by hand!

The current MCO is unlike the first one..70% activities are continuing and businesses have adapted generally. All sectors use bank to function, so impact will be minimal. Large loan write off after market correction particular in the oil sector have happened, oil price has recovered last March from negative to almost 57 USD a barrel...looking ahead banks will recover...in particular CIMB

As to OPR why should be cut now?There has been injection of money by the gov and 79% of economy working...so wait and see is better approach than OPR reduction which is a blunt instrument .....

Look at US and U.K. as an example, U.K. total shut down, and yet stock market is up! Why because despite record deaths the end will be near as vaccination has started. The economy from here on looking forward into 2022 will be in better shape despite Brexit. Malaysia death rate is very low, and MCO means 79% of economy still functioning ....yet people in this forum are forecasting doom and gloom....also don’t forget EPF and other institutions who have liquify have to invest what else can they do! Deposit rate return is much lower than predicted pension dividend! Think about it ...so CIMB and other companies such Genting etc will,attract investment!

There is no justification to drop OPR just yet given that CV rescue package has just been agreed. From pure economics point of OPR is not a precise tool, people impacted can be mor W targeted for help like moratorium on loans and direct help with salaries etc...OPR csn be used after the i pact of latest injection can be assessed. That’s my pennies worth. Let’s see tomorrow!

The fact is MCO 2 will not have negative impact as MCO 1, for sure. Economic activities apart from travel continues ....any major correction is buying opportunity

Impact of latest mco is exaggerated as many shops and servcies remain open. So not as bad as first mco...also businesses have learnt to survive. Significant bad debts related to oil and gas companies...and hit has been taken and oil has since recovered! Any farther correction is a buy. Even if the interest rates are dropped, the impact would be minimal.

EPF disposal is pretty much normal, as they have to pay claims, then with new MINEY they buy more based on their asset allocation. I suspect that they would have had their share of PP. on balance good time to buy

People talking about CV cases rising of course they will rise as the foreign workers are ll being finally tested ....,sot of these guys are fit and are asymptotic.....the key for me is how many are being discharged ...I know a number of people tested positive had no symptoms and walked out after 10-14 days. So the number coming out of quarantine are important .....deaths is mostly amongst those who have significant underlying health issues. These same people would die if they get normally pneumonia or dengue due to their health condition.

The price is heading south so that PP price is attractive ....this is what I think. Otherwise it does not make sense...as the underlying performance and future proposers look very sound. At least with rights issue current shareholders have opportunity to invest ..PP is reserved for those who jsut want to make turn and will dump the shares as sin as it is above the pp price + making the price volatile ....that the problem.

IB are a major part of this scam....one needs to ask Kenaga why they think the target price is 2.50 when insiders constantly dump shares and then buy back? Kenaga want retailers to invest at this price because they have share allocation at a lower price ...once allocated they dump. 2% -5% of 20 or 40 m share is lot of money particularly when it is guaranteed.

I doubt there is any UAE investment, in any case there is these contracts are also subject to fraud, with over payment and kick backs ....company basically has been set up to rig the market, social media helps them with their cause.

Secret is to sell on new contract announcement before mass selling is undertaken by insiders.

As soon as the PP is approved ( it won’t fail as majority shareholders are crooks) stakeholders, hangers on, servents, relations, etc will get share allocation, freebies and then they may announce new contracts or MOU’s wait until bait is caught and then dumping will start...same old pattern....THAT IS WHY FOREIGN INVESTMENT HAS STOPPED ...NO CORPORATE OR REGULATORY GOVERNANCE

Onion bored with Sealink, Minetech, causing havoc at serba dumping shares in open market and now this ......warning lights are flashing

Better name is SHARKS...after main shareholders contribution to other high stake companies like Minetec, serba and sealink.....investors need to be very careful.

Serba is also of the same genetics....full of crooks and onion still holds some shares in it! These companies are not good for Bursa Malaysia.....poor governance and oversight for sure

Bullish rally some say....or is it bull sh...t? Take a guess?

Onions buying to catch more investors....buying for what company does nothing except is a shell for share dealing in its own shares....what a royal way to make money.

Run by crooks and oversight by crooks....the company fundamentals ok, but company share dealings is unbelievable and cannot be legal under most securities regulations ...with exceptions! This is what we call a form of pyramid scheme of sorts. How can you allow announcement followed by directors selling than closed placement? This is insider dealing

Run by crooks

CIMB is not fake it is real!

An article in US suggests that spending by customers post Covid is likely to be very high as people enjoy freedom and a year of in activity

Need to print money...

Cimb is a bank stock and yet there is constant discussion from some about gloves ....with no real value.....obsession without any relevance!

Friday always correction sell for weekend money!

Note pad with Ibrahim....he did not ask Karim, why the share price is on hold? What IB they use to hold the price? Using Algo?

Contract extension yet no reaction.....who is suppressing positive movement by selling? I would like to think price will react upwards suddenly.

Brent crude up Dayang still languishing at 44 level! Does not make sense there has to be correlation unless it has been kept down

In most markets the financials have done well...surprising that in Malaysia despite strong balance sheet the banks are underperforming ..any foreign investors will look to arbitrage at some stage

Apple168 a genius ...big data.....shows nobdy knows ....remember EPF and other bodies hold the key and are majority shareholders and can move the market and they are happy to make some returns to pay the claimants.

There is no need to cut OPR, situation much better than last March, when oil price went negative and there was no end game, now there is vaccine...so impact far less..many are causing market to crash so that they can buy cheap.

Economic activity to continue as before, so limited impact from MCO, unlike last March when the whole thing was unknown, and now we have the vaccine. Lot of panic selling for no reason. Deliberately done...banks don’t need to change interest rate!

Most of the economic activities continue so not as bad as last March when much was not known! That said RSS should be banned!

Warrants look tasty.......c75.....that is if you believe market has over reacted....and shooters will have to buy back at some stage! Sooner than later. The situation is not as bad as last March...vaccine is around the corner and more importantly the things onky get better.

Brent is up expect a rally to at least 1.40 into new year 1 qtr

U.K. hotels and leisure shares rally.....I think we have got the corner ...looking ahead to 2021-2022 ideal time to invest

Think exit and invest in proper businesses which they are many to choose from...not penny shares...there is no .risk free investment but you can lower risk by selecting sizeable companies with real business growth opportunities...and stable investors including foreign institutions

One is better off going to horse racing or casino and gamble! This counter like few others are fraudulent counters....where the owners make money by buying and selling their own shares...and not from generating profits business. Sure they will make one or 2 announcements that will send price up only to trap new comers...a Ponzi scheme .....sadly to many dreamers who believe in quick buck

Fraudulent counter....for sure...actions are dubious ....one of many .fraudulent counters in bursa...foreign institutions will never invest in it....as it totally manipulated

Onion busy eating Turkey....this counter is not a proper company, the owner director makes money by buying and selling its own shares either directly or via connected parties. Doggy MOU are signed to hype price followed by disposal followed by purchase and cycle goes on. So obvious for all to see....gamblers are not investors...to them this does not matter providing they make money to buy next lunch ...not big investors who want to make money so that they can buy another house!