"Look at the banking stocks.. drop like a stone" @Michael_chan2022 your Genting didn't fare any better. Take Maybank and RHB Bank which I have investments in as comparison. Including the 30 sen dividend, Maybank has fallen by about 20 sen or 2.5% from its recent peak and RHB Bank has fallen by less than 7%, from RM5.80+. Genting has fallen by over 12%. Which counter has dropped like a stone?
choysun, this is not a bull mkt lah. can go up but can come down also. condition, economy, sentiment very weak small wind blow alrdy drop big wind come gg
Paul Tudor Jones is the sifu of my Junior College and University days badminton friend. He even supported my friend with US$100m as start-up capital for his hedge fund.
"hadi awang will invite genting to open casino in terengganu soon" @RWG, you posted the above comment last week. A perikatan win should be good for Genting.
Landmarks Bhd, a 21.7% associate of Genting Bhd, said its wholly owned subsidiary has
defaulted
in its repayment on financing facilities totalling RM133.37 million.
OCBC Bank (Malaysia) Bhd has issued its wholly owned unit Andaman Resort Sdn Bhd a notice of recall dated March 8, demanding the repayment of banking and credit facilities amounting to RM133.37 million be paid within 14 days — by March 22.
“The company and Andaman Resort are currently engaged in the process of devising a repayment plan that is commensurate with their current financial position and the timing for such repayment.”
Long story liao.. they bought the land from Gallant venture... trying to build a casino on the island. LKT was there for the opening ceremony..maybe more than 10 years ago
Oh yes Bintan Treasury Bay glamping I been there before. Gallant Venture you also know ah Hahaha! Lim Soe Liong company got a lot of land parcels at Bintan. Last time i traded this stock before but now totally dead liow.
@Michael, there is a saying here for the past 20 years..... Whatever Temasick does, you do the opposite sure make money. Ho Jinx! Bopian la my Empress Dowager always wearing long pants. Could be some fengshui advice? Ha!
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....
newbie2019
1,888 posts
Posted by newbie2019 > 2023-03-14 18:35 | Report Abuse
looks like 4.3 can buy some
and be prepared to go lower to 4 then can buy a bit more