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2019-09-24 13:43 | Report Abuse
Why GenM share price not up up up? Thought many investors are extremely optimistic.... all painted bright future and at the back, queueing sell GenM?
2019-09-23 14:52 | Report Abuse
Let’s recap the current issues:
Casino licence fee raised from RM120 million to RM150 million per year
Casino duty raised to 35% of gross collection
Dealer machine licence fee raised from RM10,000 to RM50,000 per year
Duty on gambling machines raised from 20% to 30% on gross collection
GenM outdoor theme park opening expected to be delayed.
Adding on with RM2million per month for white elephant ship maintenance.
ECRL confirmed not going to pass through Bentong to ease visitors to Genting Highlands.
Now, added on with loss making empire resort!
If GenM CEO is smart, he should have sort the problems ASAP, not to acquire loss making Empire resort! This act no difference from robbing investors money for his own benefits!
Foolish ppl only go ask bomoh!
Smart investor uses brain cell to justify investment decision!
You, smart investors, do the maths, you should know GenM EPS will not be good and current share price is over valued! Looking at the TA chart, feng Sui chart, pak gua chart, you should know not to touch GenM for now!
It is your hard earn money. I m sharing careless.
Remember Rule 1 in investment: Do not lose money in stock market!
My advice: set aside, don’t fall into GenM value trap, grab some popcorns and watch the GenM bloodbath show... it is going to be more interesting...
2019-09-23 14:48 | Report Abuse
Empire resort has been a net loss making company for years! Acquisition of Empire Resort will hurt GenM profit in the long run! No matter if the theme park open or closed, this will not bring much profits to GenM! This coming theme park is not the same theme park as promised few years ago! It has loss the hype! Nothing will be the same again for GenM!
2019-09-23 06:02 | Report Abuse
2019-09-21 12:19 | Report Abuse
Citizens of China boycotting US products!
2019-09-20 16:08 | Report Abuse
谨记,股神巴菲特2004年说的这句话,要在别人贪婪时恐惧,在别人恐惧时贪婪。
2019-09-20 01:25 | Report Abuse
Congrats, Amanda shareholders! We made huge profits on this counter.
2019-09-20 01:21 | Report Abuse
Be informed, Our big clients locked all profits on magni!
2019-09-20 01:20 | Report Abuse
2019-09-18 23:33 | Report Abuse
I m a professional fund manager with PHD in economics! Who are you? I don’t listen to hearsay! You will face the music very soon with your baseless over exaggerated and over optimism of magni company!
2019-09-18 18:37 | Report Abuse
As what we expected, hibiscus down!
2019-09-18 07:51 | Report Abuse
Those who thinking to buy oil related stocks or hv bought, please read this!
https://www.cnbc.com/2019/09/17/oil-slips-following-the-biggest-climb-in-history-after-saudi-attacks.html
2019-09-18 07:48 | Report Abuse
Many smart investors cashing out from Malaysia stock markets! You miss the golden opportunity to take profits on yesterday share price spike!
Today, don’t miss the chance again to cash out.... else, trapped for days, months, years...
Remember, oils price remains bearish!
2019-09-17 18:23 | Report Abuse
Pandai tupai melompat, akhir jatuh ke tangga juga!
2019-09-17 18:21 | Report Abuse
We are serious and ever ready to blast LKT for his poor leadership in Genting Group!
2019-09-17 18:13 | Report Abuse
Oil up, airasia will go down, and vice verse... cycles repeating again and again
2019-09-17 18:11 | Report Abuse
Trump tweets again, all stock markets in RED! Kaboom! Checkmate!
2019-09-17 17:20 | Report Abuse
Economic recession is around the corner... reflecting lesser demands on oil requirements!
The recent unreasonable spike of oil price is offset by increasing oil production of OPEC countries as well as USA, despite lesser Saudi oil production.
2019-09-17 17:12 | Report Abuse
Support you, Paktua for freeing up the capital...
2019-09-17 17:04 | Report Abuse
Chong Hai, if buying shares are as simple as PE ratio, everyone is millionaires, no one losing money in stock markets!
2019-09-17 16:48 | Report Abuse
Magni is Overpriced kau2!
Ikan bilis, please listen, we must teach those sharks a lesson. Don’t buy from them to release them from being trapped in low liquidity Magni! Let them trapped there for ages!
2019-09-17 16:42 | Report Abuse
William, you chase high on magni?! Haha...
2019-09-17 15:38 | Report Abuse
This attack is to divert oil buyers to US, breaking the Saudi oil monopoly!
Trumps said he will flood the oil market with US oil to make sure oil price is remaining low and acceptable range.
Winner is USA!
2019-09-17 15:32 | Report Abuse
谨记,股神巴菲特2004年说的这句话,要在别人贪婪时恐惧,在别人恐惧时贪婪。
2019-09-17 15:31 | Report Abuse
Big sharks disposing the tickets to you, dumb dumb ikan bilis!
2019-09-17 15:30 | Report Abuse
Still have dumb ikan bilis chasing overpriced magni?! No eye see..,
2019-09-17 07:34 | Report Abuse
谨记,股神巴菲特2004年说的这句话,要在别人贪婪时恐惧,在别人恐惧时贪婪。
2019-09-17 07:28 | Report Abuse
谨记,股神巴菲特2004年说的这句话,要在别人贪婪时恐惧,在别人恐惧时贪婪。
2019-09-17 07:17 | Report Abuse
Panic profit taking!
2019-09-13 17:51 | Report Abuse
Wish LKT hv a merry moon cake festival with his family!
2019-09-13 14:27 | Report Abuse
Looks like Lim Kok Thay is not as capable as his father! Sad sad sad!
2019-09-12 16:16 | Report Abuse
Our clients hv sold off and lock their profits on magni shares! Be informed!
2019-09-12 12:33 | Report Abuse
Economic recession still buy expensive Nike shirt? Crazy!
William, did you read the Apple company report that the iPhone sales dropping QoQ and YoY? If you are blind, stop leading the blind too! Dangerous indeed!
2019-09-12 08:47 | Report Abuse
12 reasons not to buy Magni:-
1. Ringgit continues to strengthen against US dollar
2. Raising labor cost
3. Raising material cost
4. China sports brand Companies are Nike Strong competitors (Li Ning, Xtep, Kbird, 361 and many others) which sell good quality branded garments at cheaper price. The trend now prefers China products compared to US products for instance HuaWei outbeat Apple.
5. China has the biggest garment market! Ppl of China are boycotting Nike-US products!
6. Only produce Nike garment (Depends on Nike sales).
7. Current magni share price of near 6 is near 100% premium from magni NTA price. Looking at magni peers ie prlexus share price is still bearish...
8. Many of retailers prefer to buy pirated Nike products and sell to consumers at affordable price.
9. Magni shares has low liquidity risk
10. Trading Markets flavors oil and construction related shares compared to garments. Current theme is oil and construction!
11. Trump going trade war against Vietnam!
12. Magni directors share buy back at 5+ to 6+ in 2018 and thereafter, magni share price crashed to 3.8+!
This is merely to share our opinions on magni! Greedy kill! Be informed that final decision to buy or sell is always yours!
Stock: [GENM]: GENTING MALAYSIA BERHAD
2019-09-24 16:48 | Report Abuse
Shameful LKT by ordering GenM to bail out empire resort and buy the expensive white elephant ship!