I think tonight is the Q4 result. Usually traders dont like to initiate a new trade and bet on such events that are beyond their control maciam like gambling on financial result. Anything can happen and good traders watch their downside risk very carefully and avoid risky stunts. Trading profits will take care of itself but losses never do. Always watch your downside, defence is more important than offence.
YES WHEN GENTING GOES UP WE ALL LOOK FORWARD FOR ANGTAYKOR RED UNDERWEAR TO SAY HE BOUGHT DURING THE DIP HA HA HA BTW HOWS YOUR DUPE ELGATO DOING ------------------------------------------------------------------
This is not the first time people accuse ATK fake trader. Your best friend STOCKSAFEPLAYER and her good friend MoneyMakers also like to accuse others fake. My experience in i3 forum tells me that usually the real fakes are the ones that will start accusing others as fakes.
Posted by AngTayKor > 2022-10-12 11:35 | Report Abuse
Posted by MoneyMakers > | Report Abuse Walao AngTK everyday say alot seller/foreign seller/fed crash market blablabla Suddenly today say enter 4.3 (after price up)..u think anyone believe meh Really ridiculous story aiyoyo ---------------------------------------------------
************************************ COME INTO MY TRADING ROOM ************************************
CONTRACT(S) CD TRANS DATE DUE DATE CONT.NO TYPE SECURITY NAME QUANTITY TRD. CCY PRICE GROSS AMOUNT NET AMOUNT DEBIT NET AMOUNT CREDIT SETTLEMENT CCY : MYR
Genting share price movement explains all that I m right again! I m confident that Genting Berhad will move north and rocket up! Any price adjustment is a buy! Cheers!
Aiyo get angry again. What sour grapes? Just showing some concern and gentle reminder abt what Walter Deemer's words that you posted before and hope things will turn out well. Like that angry again?
"When the train leaves the station, it doesn't back up to let latecomers on. If it does, there's something wrong with the train." - Walter Deemer -
Genm and genting are making big money before tax, especially genm 500m before tax, they are using accounting method to make it looks like losing money, very clever! Think about it…. If losing money why pay so high dividend?? Think about it
Genting Berhad QR out! Let’s dissect it! 1. Gaming Sector RWG - Higher EBITDA (improved to 622.4 from 570.2) RWS - Higher EBITDA (improved significantly to 866.3 from 231.1) RWUK, Egypt - Lower EBITDA (weaken to 60.3 from 73.9) RWUS, Bahamas - Higher EBITDA (improved to 356.9 from 210.3)
2. Plantation Sector - Higher EBITDA (improved to 164.7 from 161)
3. Power - Lower EBITDA (weaken to 66.8 from 134.6)
4. Oil & Gas - Lower EBITDA (weaken to 102.3 from 114.7)
5. Property - Lower EBITDA (weaken to 12.3 from 13.6)
Above all contributing to profit before taxation of RM119.80 million recorded in this current quarter!
Lower profit in current quarter due to depreciation charges, foreign exchange loss!
Looking to the future, Genting Berhad business is growing with improving profit margins!
International tourism is expected to rebound to near pre pandemic levels, hence, gaming sector is expected to remain intact with pent-up demand!
GenP anticipates improvement in FFB production by additional harvesting area, progression of mature areas into higher yielding brackets.
Petroleum production in Chengdaoxi Block at Bohai Bay, China and Kasuri Block at Papua, Indonesia will contribute significantly in coming months!
All in all, Genting Berhad business is intact and will improve further! If business is not sustainable, Genting Berhad will not be able to declare any dividends!
Posted by AngTayKor > 4 hours ago | Report Abuse I think tonight is the Q4 result. Usually traders dont like to initiate a new trade and bet on such events that are beyond their control maciam like gambling on financial result. Anything can happen and good traders watch their downside risk very carefully and avoid risky stunts. Trading profits will take care of itself but losses never do. Always watch your downside, defence is more important than offence. ------------------------------------------------------- Posted by stkoay > 1 hour ago | Report Abuse QoQ -231.79% YoY -29.98% Waloa eh, I also kena conned today :( --------------------------------------------
Posted by emsvsi > | Report Abuse YES ENOUGH OF INCOME COMPLAINTS REMINDS ME OF SINGAPOREANS ! ------------------- Hello don't bad mouth Singaporeans here. Genting Singapore is the one that is bringing in most of the dough for the past 2 years. If you want to see this stock above rm10, the only hope is not from Tiong tourists but from Singapore based Taurx Pharmaceuticals. -------------------------------------------------
Posted by emsvsi > 3 weeks ago | Report Abuse KEEP QUIET ANGTAYKOR UNDERWEAR ! GENTING HIGHLANDS IS THE GRANDDADDY OF THEM ALL UNCLE LIM KNOW YOUR PLACE SINKALANPOREAN ------------------------------------------------
Keep quiet EMPTYVESSELi. Proven again ATK is correct GenS is the one bring in most of the dough. EMPTYVESSELi likes to shut out good contributors while making a lot of noise to Skyrocket the naive to HOLLAND only.
Genting Q4 result was not too bad, still reporting a positive profit before tax of RM119.8 million despite a big loss in other investments of RM362.9 million and a huge impairment of RM304.9 million. Without these 2 one-off items, pretax profit would have been RM787.6 million, higher than last year Q4 of RM734.5 million.
Operating cashflows for the 6 months to Dec 2022 were strong at RM5.27 billion, enough to fund total capex of RM2.08 billion and pare down borrowings by RM2.35 billion.
Finance costs only increased slightly from RM470m in Q3 to RM484m in Q4, indicating that most of its debts are fixed rate bonds or term loans, not affected by the rising interest rates in the US.
Resorts World Las Vegas (RWLS) achieved record high revenue, EBITDA and EBITDA margin since opening, which is heartening. Hotel occupancy and average daily rate in Q4 was 88.9% and US$269.70, a substantial increase from 79.6% and US$223.50 in 2021.
So it appears to me that the selldown in Genting Bhd shares in past few days was due to insiders' knowledge of the much lower PBT for Q4 (because of 2 one-off items of other investment loss and impairment loss).
It could also partly be the weak market sentiment and foreign funds selling as these funds had collected over RM36 million worth of Genting shares since early Jan 2023. Such offloading should be over by now as there has been over 10 million shares sold in past few days.
Personally I do not think there will be any new gaming tax in the budget tomorrow as rumuored by certain parties.
LKT is trying to cheat the market. LKT will buy back when price goes down. The fact is, the sales are recover as pandemic is over. Price increase is just a matter of time.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
emsvsi
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Posted by emsvsi > 2023-02-23 16:08 | Report Abuse
YES WHEN GENTING GOES UP WE ALL LOOK FORWARD FOR ANGTAYKOR RED UNDERWEAR TO SAY HE BOUGHT DURING THE DIP HA HA HA BTW HOWS YOUR DUPE ELGATO DOING