Once mandatory foreign worker covid-19 screening is completed on 28 Feb, we should be able to see cases come down. The cases in factories/workplaces with really high positivity rates do not happen overnight - they have been left to spread within these groups for weeks or even longer and are only now being detected. Once this backlog has been cleared - workers quarantined or offending companies locked down, things would hopefully be better...just in time for 4 March

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Diamond Hands

Arrival of vaccines on Sunday, 21 Feb 2021 :)

Watch LIVE on KKM's FB starting at 9AM -

https://www.facebook.com/kementeriankesihatanmalaysia/posts/10157733855856237

Then we can perhaps see MCO2.0 lifted on 4 March 2021...

18/2/21: Total +2,712 cases of which 1,120 BWN i.e. 41.4% (bukan warganegara). Total 17 new clusters, 14 from workplace

Mandatory Covid-19 testing for foreign workers must be completed by 28 Feb 2021*

With the mandatory screening the 'backlog' cases in these factories and workplaces can all be detected and subsequent quarantines and shutdowns done so we can finally have a clean slate after 28 Feb

*Link - https://www.fmm.org.my/Announcements-@-UPDATE_6-s-2021-;_Reminder_on_Mandatory_COVID_Screening_Test_for_All_Foreign_Workers_by_February_28,_2021.aspx

Since Feb 3 from RM4.0x Genting has been on a run to RM4.60...

If you look at CIMB (which is also weighted to foreign funds) its similarly.....volatile ha ha ha

MA50 = RM4.34 which provides support see if it holds

Most of the market is down...banks, industrials even some tech...except oil & gas...gloves which are supposed to run opposite / defensive are also down ha ha ha

Genting is more heavily weighted towards foreign funds and like all hot money its more volatile but that makes it more exciting ha ha ha

After the kind of run we saw in the US markets and even locally in tech, it is normal for a retracement before the uptrend continues

The Genting Super Bull is resting before it charges on the next upleg

After every rise there will be falls...like 9 Dec 20 after which share price went parabolic ha ha ha...this time vaccines are here and MCO2.0 has passed...in conclusion...

BUY THE DIP!

Yeah HLIB forecasted a 3 month lockdown for GenM. As stated they overestimate. It's open after a month plus. All at the speed of light and faster than expected

Post removed.Why?

On 9 Dec 20 there was also a similar retracement after a run up in the share price.....

Market's are saying they expected MCO2.0 -> CMCO for all states including KL, Selangor, Johor, Penang (and for interstate travel to be lifted etc)...Don't think that's the right expectation even from a Genting shareholder ha ha ha

Genting's stock is more exciting than the casino ha ha ha

You see people from other states no up ka ha ha ha

On 26 Nov 20, Genting Malaysia released 3Q20 results:
3Q20: -RM704 mil

On 27 Nov 20 (Friday), Genting Malaysia share price:
Open: RM 2.56
Close: RM 2.53

On 30 Nov 20 (Monday), Genting Malaysia share price:
Open: RM 2.53
Close: RM 2.45 (share price then went on a run to RM2.90 high on 14 Dec 20)

On 16 Feb 21, Genting Malaysia share price:
Close: RM2.82


On 9 Dec 20, Top Glove released 1Q21 (Nov 20 ending) results:
1Q21 (Nov Qtr): +RM2,375 mil

On 10 Dec 20, Top Glove share price:
Open: RM6.94
Close: RM6.99

On 11 Dec 20 (Friday), Top Glove share price
Open: RM 7.05
Close: RM 6.90

On 14 Dec 20 (Monday), Top Glove share price (US FDA approves Pfizer-BioNTech vaccine)
Open: RM 6.65
Close: RM 6.30

On 16 Feb 21, Top Glove share price:
Close: RM 6.06


Markets are always forward looking

On 26 Nov 20, Genting Malaysia released 3Q20 results:
3Q20: -RM704 mil

On 27 Nov 20 (Friday), Genting Malaysia share price:
Open: RM 2.56
Close: RM 2.53

On 30 Nov 20 (Monday), Genting Malaysia share price:
Open: RM 2.53
Close: RM 2.45 (share price then went on a run to RM2.90 high on 14 Dec 20)

On 16 Feb 21, Genting Malaysia share price:
Close: RM2.82


On 9 Dec 20, Top Glove released 1Q21 (Nov 20 ending) results:
1Q21 (Nov Qtr): +RM2,375 mil

On 10 Dec 20, Top Glove share price:
Open: RM6.94
Close: RM6.99

On 11 Dec 20 (Friday), Top Glove share price
Open: RM 7.05
Close: RM 6.90

On 14 Dec 20 (Monday), Top Glove share price (US FDA approves Pfizer-BioNTech vaccine)
Open: RM 6.65
Close: RM 6.30

On 16 Feb 21, Top Glove share price:
Close: RM 6.06


Markets are always forward looking

Incoming "At RM4.59, I will hoot RM4.60" mua ha ha ha ha

That is what they said about vaccines taking a (very long) while too...

But look where we are today :)

Genting welcomes all to the greatest superbull run in its history

All time highs RM 12++ here we come

Genting welcomes all investors to the numbawan top pick sure win recovery stock of 2021 the Year of the Ox

Whether you utilise Fundamental Analysis, Technical Analysis / Charts or Feng Shui, the stars are all aligned

TO THE MOON !

I see glove investors here welcome to Genting where you are the House and the House always wins :)

STOP TANKING THE INDEX PLEASE

GENTING IS WITH YOU

You do realise the glove co's target prices have been adjusted downwards right ha ha ha

U.S. Covid Cases Drop To Lowest Level Since October

BREAKING | Feb 15, 2021,01:44pm EST

TOPLINE Fewer than 65,000 new coronavirus cases were reported in the U.S. Monday, according to Johns Hopkins University—the lowest single-day case increase since Oct. 25, as major metrics point to a sharp decline in the American Covid-19 outbreak as experts remain divided over the exact reasons for the decline and what it might mean.

https://www.forbes.com/sites/nicholasreimann/2021/02/15/us-covid-cases-drop-to-lowest-level-since-october/?sh=393c904d3796

Recovery is here and it is real. Mankind will always prevail

All recovery stocks in China are flying :) See Imax China

Ha ha ha Genting shareholders are the best

At RM4.99 I will hoot RM5 !

Hoot9e !!!

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They say third time's the charm...

This time RM5 will be broken like a hot knife through butter

To the Moon !

Pre-pandemic share price:
GenT: RM6.0x

Malaysia National Covid-19 Immunisation Programme starts end-Feb 2021 and expected completion by Feb 2022 (looking at the speed of progress, likely earlier). Full vaccinations are not required to see the effects of Covid-19 cases and deaths coming down (see Israel). Hence, by 4Q21 you should be able to see the full effects. Note markets are 6-12 months forward looking (see Gloves). Therefore, latest by 2Q21 we should see share prices pop back to pre-pandemic levels

Note: this has not take into account re-rating catalysts:

a) Pent-up demand from revenge travel and gaming
b) Skyworlds (2Q) and Resorts World Las Vegas (summer)
c) Celularity Inc listing (2Q21; assume 10% holding only)
d) Plantation - CPO record high
e) Energy - Brent crude oil above USD 60
f) Property - Cyclical sector in an upcycle
g) Life Sciences - Huge potential (see US biotech and genomics co's)
h) International borders reopen / travel bubbles
i) WHO declares pandemic over

Now you understand why Genting RM6 is the minimum level

From the vaccine delivery dates to quantities (globally, Pfizer-BioNTech, Moderna etc have all increased their projected doses, everything is moving faster than expected at the speed of light

When the going gets tough, Mankind delivers

Genting Listed Entity Value
--------------------------------

Total Value: RM 7.78 (Market Capitalisation of Listed Entity only) - share prices at 16 February 2021

Entity: Ownership (%) and Market Capitalisation and Exchange Rate = Value (RM Billion) at Share Price or Value per Genting share

GenS: 52.7% x SGD 10.376 bil x 3.05 = RM 16.678 bil (@ SGD0.86 or 86c) or RM4.30

GenM: 49.5% x MYR 16.330 bil = RM 8.083 bil (@ RM2.75) or RM2.08

GenP: 55.4% x MYR 8.534 bil = RM 4.728 bil (@ RM9.51) or RM1.22

Celularity: 10% x USD 1.7 bil 4.03 = RM0.685 bil (*2Q21 listing; assumes 10% only) or RM0.177

Number of Shares: 3.877 bil

--------------------------------

Most conservative method taking into account the market capitalisation of GenS GenM GenP only, while assigning ZERO value to Energy, Life Sciences etc

Even at the most conservative target of RM7.78, the upside potential from current share price RM4.46 is significant i.e. 74.5%

** GenS makes up the bulk of GenT value and the value of GenS alone is RM4.30 per Genting share **

My crystal ball says tomorrow Genting GREEN...of course please consult your financial advisor and do not take investment advice from a ball ha ha ha

And if you wish to find proof of success stories domestically, just look at Sabah :)

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The positivity rate and number of testing done must be looked at from this view:

We know concentration of cases are mainly from Manufacturing sector and workplace. If you specifically target these sectors, it is of course expected that the positive rate will be high out of the number tested

As for the reduced number of tests - the Government has started the mandatory screening for how long now? (due date for completion is by 28 Feb - just ask the factories). The number of co's and workers that have yet to screened has of course reduced, so number of tests have come down accordingly

DIAMOND HANDS. BUY AND HOLD. NEVER SELL

HOLD TILL PRICE IS BACK TO PRE-PANDEMIC LEVEL OF RM 0.70

BILIS TOGETHER STRONK

GENTING IS WITH YOU

Post removed.Why?

Genting shareholders have been to hell and back and to hell again

And still we remain

This is just the beginning

Hoot9e !!!

Post removed.Why?

Let's see if we can go below 2000+ cases today...

Hoot9e !!!

Delusions of glove lovers are in full display here

1. There are over 4000 covid-19 mutations - https://edition.cnn.com/world/live-news/coronavirus-pandemic-vaccine-updates-02-04-21/h_7da8efe837253a5fb2ea1c8113fbc1f6

2. The UK can produce vaccines for the new variants within 30-40 days -
https://www.theguardian.com/world/2021/feb/04/about-4000-covid-variants-across-world-uk-minister

3. Note: Moderna completed its groundbreaking mRNA-1273 vaccine design in 2 days after the SARS-Cov-2 genetic sequence was published

Mankind will always prevail

The world moves in cycles - the seasons, economic cycle and recession (10 years), stock market cycle, commodities cycle...

2009 Global Financial Crisis (GFC)
2020 Covid-19 Pandemic

2009 Year of the Ox
2021 Year of the Ox

2009 Mar RM3.08 (low) to 2011 Nov RM11.98 (high)
2020 Nov RM2.95 (low) to 2021 RM ????

History always repeats itself

Years of downtrend (since 2017) will be replaced with years of uptrend

Once again Genting will go on Supercycle SuperBULL run in 2021 the Year of the Ox

BREAKING NEWS

Major Israeli study finds Pfizer jab 94 per cent effective in 'real world' use

The results, which were carefully controlled and cover 1.2m people, are better than expected and likely to improve as more data comes in

By Paul Nuki, GLOBAL HEALTH SECURITY EDITOR, LONDON
14 February 2021 • 6:59pm

The Pfizer BioNTech vaccine achieves 94 per cent efficacy after the second dose, according to the first major “real world” study to be published on the jab’s performance.

While promising data have been coming out of Israel for the last few weeks, the Clalit Institute for Research released results of the first detailed and controlled study yesterday (Sunday) covering 1.2 million vaccinated and non-vaccinated people.

Clalit is the country’s biggest health care provider, covering over half of Israel’s population.

The study found there was a 94 per cent decrease in the rate of symptomatic infection and a 92 per cent decrease in the rate of serious illness in those vaccinated, compared to 600,000 who were not vaccinated.

Significantly, vaccine efficacy was found to be maintained in all age groups, including those over 70 - an age group in which vaccine efficacy could not be evaluated in Pfizer’s original clinical trials due to there being too few in this age group who participated.

Clalit reported high vaccine efficacy of 91 to 99 per cent over a period of seven days or more after participants had received a second dose of vaccine and were deemed “fully vaccinated”. The researcher’s said they expected this to rise further as more data beyond seven days flowed in.

https://www.telegraph.co.uk/global-health/science-and-disease/major-israeli-study-finds-pfizer-jab-94-per-cent-effective-real/

THE SUPER BULL IS CHARGING

HOOT9E !!!

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Cases are 2400 :)

Tomorrow is the 1st day of trading for Bursa in the Year of The Ox

CHARGEEE !!!