Who want to eat Taufu.....TP 3.50
Who want to bet on TauRX....TP 7.00

Place you bet....... BIG or SMALL. Betting will open in December 2024. Merry Christmas.
Good luck.

Support level 4.10.
With 1 or 2 cents margin very hard to play short selling.

Whether LKT is selling Taufu or TauRX, another 3 months we will know.
If Taufu.....TP 3.50
If TauRX....TP 7.00
Place you bet. Big or small.
Good luck.

With the support level at 4.10. I don't think short sellers can make a lot of money by doing short selling.
The may even force to buy back at higher price.

Anyone in this group involve in short selling ?

Thanks....Balian

the short position is always shown on the BURSA website ?
Do you have the link ?

He is hoping he could buy below 4.10. So he is asking people to sell.
To me 4.13 is already very cheap. Can try.

Buying now at the price of 4.13, chances of losing money is minimum but chances of making money is great.
Even if it doesn't move up, you still won lose much.
But if TauRX really true, then another 3 months you will make a lot of money.
My advice invest now and keep for a few months.

https://theedgemalaysia.com/node/716215

If not because of this TauRX, I could have sold long time ago. Pray hard hard.

Could it be insiders share change hands? From A to B then passed back to A.

Yesterday very big trading volume. Especially closing 4.13 one time selling at super big volume ? Why ? It's good or bad ?

Price already so low still got so many people selling.
Under value stocks
From 4.80 drop until 4.15.....when could recover ????????
I am also worry about TauRX.....can it happen before year end ????

willing buy willing sell......All luck.
Normally after you bought, the share will go down.
After you have sold, the share price will go up.
All luck.

https://www.thestar.com.my/business/business-news/2024/09/17/genting-earnings-to-be-buoyed-by-flng-segment

https://theedgemalaysia.com/node/726671

“We estimate Genting Americas, with five resorts/casinos, will have an FY2027 Ebitda (earnings before interest, taxes, depreciation, and amortisation) of circa US$500 million (RM2.2 billion) on a status-quo basis,” said CIMB.
“This may help illuminate the value of Genting’s US assets and re-rate its share price towards our sum-of-parts (SOP)-based target price (TP), which already values them at an EV (enterprise value) of RM16.7 billion,” CIMB added.

CIMB maintained a “buy” rating on Genting, with a TP of RM6.65.

https://theedgemalaysia.com/node/726671

KUALA LUMPUR (Sept 13): Genting Bhd’s (KL:GENTING) new floating liquefied natural gas (FLNG) facility could potentially add RM613 million per annum to its net profit from FY2027 onwards, and RM1.27 per share to fair value.

“We estimate it (the FLNG) could contribute a revenue of US$704 million (RM3.1 billion) per annum (p.a.), based on annual production of 65.2 MMBtu (one million British thermal units) and an LNG price of US$10.80/mmbtu (10-year average), and a net profit of US$141 million (RM613 million) p.a., assuming a 20% net margin to Genting from FY2027F (forecast) onwards,” said CIMB Securities in a note on Friday.

Meanwhile, the research firm said funding for the FLNG facility should not be an issue, as Genting had RM7.2 billion in cash (ex-GENM’s (Genting Malaysia Bhd), GENS’ (Genting Singapore Ltd) & GENP’s (Genting Plantations Bhd) cash) at end-2Q2024.

CIMB also noted that Genting is in the “advanced stages” of securing project financing from a group of Chinese and international lenders.
t said that the FLNG would be installed in West Papua (Indonesia), while the feed gas for the facility will be supplied from Genting’s Kasuri Block concession, with the first drop of LNG scheduled for 3Q2026.

Notably, Genting awarded a US$1 billion contract to Wison New Energies Co Ltd for the construction of an FLNG facility that was to be deployed at Teluk Bintuni, West Papua in June 2024.

The LNG facility is expected to have an annual capacity of up to 1.2 million tonnes.

Meanwhile, CIMB said, citing Genting president and chief operating officer Datuk Sri Tan Kong Han at the group’s recent shareholders meeting, that Genting is still keen on listing its US resorts/casinos business.

“We estimate Genting Americas, with five resorts/casinos, will have an FY2027 Ebitda (earnings before interest, taxes, depreciation, and amortisation) of circa US$500 million (RM2.2 billion) on a status-quo basis,” said CIMB.
“This may help illuminate the value of Genting’s US assets and re-rate its share price towards our sum-of-parts (SOP)-based target price (TP), which already values them at an EV (enterprise value) of RM16.7 billion,” CIMB added.

CIMB maintained a “buy” rating on Genting, with a TP of RM6.65.

At the time of writing on Friday morning, Genting’s shares were up four sen, or 1% at RM4.19, with market capitalisation of RM16.2 billion.

https://e.vnexpress.net/news/business/economy/singapore-approves-cashless-bets-at-casinos-4791942.html

https://theedgemalaysia.com/node/726671

https://theedgemalaysia.com/node/716215

Tan Sri Lim Kok Thay____Genting hopes 20% associate TauRx’s Alzheimer’s drug gets approval soon.

If you believe him, buy more and keep.

Don't understand why still got so many sellers.
Company Net Tangible Asset RM8.94
Dividend yield 3.59%
Company for sure won't close down with so many assets world wide.
Current price half price, cheap sale and offer price.
So please stop selling and start accumulate before Christmas TauRX approval.

Going down very fast.
Going up very slow.
LKT need to eat more VIAGRA

Cheap sale. Offer price.

Net tangible asset RM8.94
Current price RM4.12.
Dividend 3.64%

Luck and timing. As long as you didn't sell, you still have a good chance making profit. Another 4 months. Christmas gifts 🎁.

Genting Berhad Net Tangible Asset RM8.94
Current price RM4.21 - half price, Lelong, cheap sales.
Christmas gift - TauRX - TP RM8.00
Buy now and get free gift.

Buyer should be the winner in long run. But need a lot of cash and patience. Another 4 months will know. Christmas gifts.

Sellers beat buyers flat. Closing always selling down? Selling at a loss or profit or cut loss or force selling.

Not just Genting down, basically almost all down except Banking stocks up. Tech stocks worse.

https://taurx.com/news-insights/mhra-confirms-acceptance-of-uk-marketing-authorisation-application-for-hydromethylthionine-mesylate-hmtm

July 29 2024 - 150-day accelerated assessment procedure.
Before Christmas can get the Christmas gift ?

NTA RM8.94.
Today share price RM4.21.
Half price cheap sale.
Company won't close down but hopeless. Only TauRX can safe the company. Cannot afford to fail.

Another 4 months. Can't do anything just wait.

Before Christmas we will know the result.
ATK vs Balian.

Somebody is accumulating around 4.30 with big volume for quite some time. Why ?
Is there any change in Major Shareholders recently ?

I am only interested if anyone could provide update with the below.
1) Resorts World Las Vegas accused of accommodating illegal bookmaking and organized crime.
2) TauRX MHRA confirms acceptance of UK Marketing Authorisation Application for HMTM status.

I hope Genting Management could provide more update and latest status.

Another 4 months, will sell all.

Balian....do you have any GenB share ? I don't think you have since you doesn't like GenB.
Just curious why are you spending so mush time here asking people to sell GenB share ?

https://theedgemalaysia.com/node/724710

Genting Plantations’ 2Q net profit rises 20% on higher palm product prices
KUALA LUMPUR (Aug 28): Genting Plantations Bhd’s (KL:GENP) net profit for the second quarter ended June 30, 2024 (2QFY2024) rose 19.94% to RM85.12 million, compared to RM70.97 million over the same period a year earlier, due to higher palm product prices.

Earnings per share for the quarter rose to 9.49 sen from 7.91 sen, its bourse filing showed. Revenue dipped 6.05% to RM757.16 million from RM805.95 million, owing to lower sales volume at its downstream manufacturing business.

The group declared an interim single tier dividend of eight sen per share, to be paid on Sept 30.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3477881

Genting Plantation profit increase.
Genting Plantation proposed dividend 8 cents.

Genting Plantation results very good.
Tomorrow Genting Berhad.

May I know the reason why all Banking stocks rise ?

WTF

result haven't come out, people selling like crazy ?
As if they already know the result ? Very disappointed.

Q2 result should be out this week.
Hoping for good dividend.

Selling at such a big volume at 4.33 during close? It's force selling?
Did you make and profit by selling down? WTF.

Buyers and sellers.
Which is real and which is fake ?

Looking good

https://www.thestar.com.my/business/business-news/2024/08/22/vehicle-sales-expected-to-be-lower-in-second-half-of-this-year

https://www.thestar.com.my/business/business-news/2024/08/22/vehicle-sales-expected-to-be-lower-in-second-half-of-this-year

Can we share something only related to Genting Berhad..
What we want is the latest news and feedback.