@ClaraChan94, HMTM stands for "Hydromethylthionine Mesylate", it is the latest drug being used for Phase 3 trials for Taurx. It is an upgraded version of "Methylthioninium Chloride (MTC)" that was used for the previous trials.
Genting-backed TauRx to seek regulatory approval for Alzheimer's drug ----06 Oct 2022, 10:53 pm
TauRx could contribute RM1.3 billion to RM4.3 billion to Genting’s earnings in the financial year ending Dec 31, 2024 (FY24) to FY26, assuming a 10% net margin, the research house said.
“It could also fetch an upside of RM3.47-13.88/share based on 10x P/E (c.35% discount to peers’ average) on our base and bull cases for FY24F earnings, which translates to hypothetical TPs (target prices) of MYR9.84-20.25 for Genting,” said RHB.
Maybank IB says Genting’s target price could be raised to RM8.86 if TauRX gains FDA approval for Alzheimer’s drug -----01 Feb 2023, 02:26 pm
“Should HMTM be approved, TauRX be ascribed US$15 billion valuation and assuming nil holding company discount, we estimate that our Genting Bhd SOP-based TP may be revised to RM8.86 which would translate into a whopping 79% upside potential,” said Maybank IB, which currently has a “buy” call on the stock and increased its TP a tad to RM5.64 from RM5.59.
Pick up in Genting Malaysia's ops reaffirms recovery KUALA LUMPUR: Genting Malaysia Bhd's key Malaysian operations are seeing the return of tourist arrivals, with operating capacity largely returning to pre-pandemic levels, says CGS-CIMB Research.
Following a weekend visit to Genting Malaysia's Resorts World Genting, the research firm said it reaffirmed its thesis that the continued recovery of the key Malaysian operations will drive a robust three-year earnings per share cumulative aggregate growth rate (CAGR) of 42% in FY22-25.
The Malaysian operations are key contributors to the group's revenue, accounting for 62% of total revenue in 1H23, said CGS-CIMB.
"We observed non-gaming activities, such as restaurant dining and indoor theme park (i.e. Skytropolis), were largely packed and the outdoor (SkyWorlds) theme park was busy with ongoing promotional campaigns.
On World's Alzheimers Day, the corrupted lobbying group Alzheimers Association is still promoting for amyloid drugs non-stop. These drugs are just symptomatic drugs that perform worse than old symptomatic drugs like Aricept. Totally no mention amyloid drug's brain bleeding capabilities, no decrease in NfL biomarker, accelerated brain shrinkage capabilities.
My view for GenB, If the quarterly earnings target is 500m. The projected earnings are, - 300m in Q2 (60% of 500m), Actual is 160.55m. - 300m in Q3 (60% of 500m), and - 350m in Q4 (70% of 500m).
In 2024, the projections are.. - 400m in Q1 (80% of 500m), - 450m in Q2 (90% of 500m), - 500m in Q3 and - over 500m from Q3 onwards.
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....
RISK8888
2,232 posts
Posted by RISK8888 > 2023-09-18 22:01 | Report Abuse
GST sudah confirm tak ada hari ini. So most likely will kena gaming tax. God bless.