Donald Trump has today made $5 billion in just minutes after his company Trump Media and Technology went public this morning and the share price leapt 50%. Why not Genting?
@AngTayKor, may I know what is the message you are hinting at? Are you suggesting that TauRx has ...good news coming soon? Also, could you share your confidence level regarding TauRx's chances of getting FDA approval?
Druckenmiller almost always thinks long term and that’s the open secret behind his success. Earlier this year, in an interview with How Leaders Lead with David Novak, Druckenmiller advised investors never to invest in the present and instead keep the next 18-24 months in mind and try to imagine how the world would be in the future.
Druckenmiller Avoids "Lazy Longs"
Druckenmiller isn’t a huge fan of portfolio diversification. He said during the interview that if you really believe in a company, you’d take “massive” positions in it instead of putting your money in hundreds of companies. He said legendary investors like Warren Buffett, Carl Icahn and George Soros invest in a handful of companies they really like and believe in. Druckenmiller said instead of having “lazy longs” in your portfolio, if you put your money in just a few companies, you won’t get careless in the investing game.
@Michael, Im just sharing an article abt hedge fund legend Stanley Druckenmiller, no special meaning. Please refer to my old post over 2 months ago on MHRA and the corrupted FDA.
--------------------- Posted by AngTayKor > 2 months ago | Report Abuse
Posted by Kikilala3188 > | Report Abuse Taurx when will it be announcing? Especially U.K. FDA approval --------
ATK: UK MHRA's final decision on CA is unlikely to be within 2024. We still have to file in more submissions which will take abt 5 to 6 months to complete it, followed by another 6 to 9 months for the regulator's final decision.
FDA delayed our Type C meeting request (supposed to be end Jan, before Taurx AGM on 6 Feb @6pm). We are not even sure if FDA will agree to consider HMTM using the Accelerated Approval pathway. If yes, I think FDA's final decision for AA will probably be at least 1.5yrs away.
Genting Singapore may bid for Thailand casino — Maybank IB KUALA LUMPUR (Jan 7): Genting Singapore may bid for a casino and integrated resort licence in Thailand, should the Thai government open up the industry, according to Maybank Investment Bank Research (Maybank IB).
Citing the research house, industry magazine Inside Asian Gaming (IAG) said the company would look to form a joint venture for a Thai IR licence, based on its previous exploits in Korea and Japan.
Thailand became the first country in Asia to - decriminalise cannabis and - is set to become the first in Southeast Asia to legalise same sxxsss marriages - now, it is taking the first step to legalise casinos
Thailand presses case for casinos to boost revenues, tourism and jobs
"We have to admit that there is illegal gambling in the country, we are trying to get rid of (it) but it cannot be wiped out, so we have to rethink and see that it is time for this," Deputy Finance Minister Julapun Amornvivat told reporters, adding Singapore would be a model to emulate.
Some people here are promoting money versus standing for moral values. Of course you can be prostitutes desperate for money with no self respect. That’s why only certain section of the community stands by Palestine. I rather be principled person than beg for money and kiss ass!
Thailand very popular for Europeans and we know why. You see them walking around with young boys and girls….do you really want such a society …..god less and totally immoral …! You have a choice. I rather build a society with good values and respect for all …I rather work on that.
Back to Taurx….from my sources …TauRX is definitely coming sooner than acclaimed…what immediate immediate it has on Genting share price and allowed by its manipulating major shareholder I am not and 100 % sure. To me the quickest result for general body of shareholders would be acquisition of TauRX by a big Pharma rather than listing etc ….which again be manipulated. This way the value will flow immediately.
Agree with Riaz that Taurx IPO will be bad news. Most shareholders prefer grand jackpot. However, business plans will have to move forward via territory JVs + IPO. The company cannot be sitting still waiting for suitors like a desperate bride. We have to move forward aggressively with our own effort to make HMTM the global drug of choice against AD n also for AD preventive mkt.
@Sifu ATK Thanks.... I just concern about Taurx. ----------
Im very concerned too. I plan to sell some shares to take back capital before FDA result. If FDA approves, i think T share price can increase by 400% of pre-FDA price eventually. If FDA rejects, price may immediately drop by 30% but will slowly recover as the company works towards IPO without USA mkt. So the risk reward is 30 vs 400 for the FDA event.
Maybank Investment Bank Bhd said in a Friday note, citing information it had gathered: “Assuming two years to finalise a regulatory framework and three years to construct, the first entertainment centre may only open in 2029.”
That could still potentially be before the 2030 projected opening date of Japan’s first casino resort, MGM Osaka.
Goldman Sachs economists previously expected the first Fed interest rate cut to happen in December 2024. It revamped that outlook in mid-December 2023, saying the Fed would cut rates three times, with the first cut occurring in the third quarter of 2024. They targeted four cuts in February, with the first one slated for May.
Now, the influential investment firm's updated outlook is back to three rate reductions this year, with the first coming in June. They also anticipate four cuts in 2025, plus one in 2026.
Their prediction for terminal interest rates is 3.25%-3.5%.
Hopes are high the Chinese airline industry can turn a corner this year. Brokerage Guotai Junan Securities said on Monday that in January and February the percentage of seats filled by small airlines had surpassed 2019 levels while that of large carriers was also approaching pre-COVID levels. China' s aviation regulator said in January it expected the number of international flights to and from the country to reach 6,000 per week by the end of this year, or about 80% of pre-COVID levels. In 2023, the global airline industry returned to profit on strong performances from carriers in North America, Europe and the Middle East. Airline industry group IATA expects the Asia-Pacific region to return to profit in 2024. ($1 = 7.2285 Chinese yuan renminbi)
The opposition Democrat Party on Sunday voiced strong opposition to government plans to legalise casinos by incorporating them into entertainment complexes, with a bill by the Pheu Thai-led government...
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....
Serious
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Posted by Serious > 2024-03-27 13:51 | Report Abuse
Donald Trump has today made $5 billion in just minutes after his company Trump Media and Technology went public this morning and the share price leapt 50%. Why not Genting?