Hahaha thats why our no. 1 promoter @Sifu michael hide up deeply inside the jungle. Is really out of his expectation. No face liao. When the price is up, bla bla bla so much, when it is down directly dissapeared..
Genting is not doomed, for sure. It is simply useless lites company. It behaves like a private company and boss has dealing in his private company, hence party related transactions. Private entity of Boss uses listed Genting entities as cash cows …. No pressure or desire to do anything as they make money through share manpualtions, high salary, share dumping, party related transactions at disadvantage to Genting the listed entity. In fact they should be allowed to be listed… this my opinion. It Genting was to be sold it probably will get 8-12 RM per share assuming a buyer is there. This is a reality, Genting set up to serve the interests of its major shareholder and his family. Needs western educated professional CEo to run the business sadly I hate to say this! Totally corrupt set up.
Its human nature to take care of his own pockets first except he really milking way too much. Worse are those RPTs that shortchange minorities way too much.
Genting is not doomed for sure! Basically it is a useless Listed company, it essentially behaves like a private entity of LKT and family. Genting is not independent and certainly not governed independently. Boss has been ceo for ever and so. Deputy ceo! The independent board members are all yes men! Genting listed companies function as a cash cow for LkT private company. There is no incentive to do anything as boss is happy with his wealth generation using the listed entity, through share manipulation, party related transactions getting rid of loss making companies from his private investment to Genting. Makes losses on Genting cruises business and dumps large no of Genting shares to cover losses in open market. Pays high dividends even when company balance sheet does not justify it as he needs money for other things! This is the reality. Genting needs a western CEO or a foreign who is a professional manager from outside the industry! So on conclusion it a corrupt set not to serve the interest of listed company shareholders. Best hope for shareholders is selling of the business which can attest valuation of 8-10 RM at least. But this won’t happen. He won’t even try listing in US despite US business as listing won’t get approved and he wont be able to govern as he does now!
genting if keep perform like that very hard to get thai casino lisence . to investor you re failed to goverment they need some company can help generate more tax you also failed . performance like that it will detroy genting branding only at the end earn gula lose 1 factory
if i m goverment i will choose the most efficient company of course you can offer list in thailand casino share profit with thailand citizen like singapore but your share price performance and result is underperformance compare to peer . hope management can realise this issue for thailand casino lisence this is very important
you have to bring them message that genting can create more value to local shareholder and goverment compare to other peer . japan macao lisence lose nevermind but thailand lisence you cant lose the bid this is very important
genting singapore share price also never growth dividen also lousy this is very bad portfolio to convience other country . sands is comfirm sure will obtain lisence because they make iconic in singapore they generate more tax to goverment they also create value to shareholder .
Everyone put too much hope on genB. End up Taurx mayb fake & somemore miami land deal all con shareholders, at the back LKT keep disposing. I better sell & switch counters. No hope for genting counters...i tink upto LKT generation already finish....
Taurx not fake, HMTM confirm can halt / reverse AD. I think FDA AA got good chance. Just agree to whatever FDA wants to secure the AA first. Settle the blue pee placebo problem later on. Taurx shd spend some money to seek advice from expert food colouring company to help design out a blue colour pill that can give out blue pee. How can use methylene blue compound again as placebo??? Its the cheapest n easiest solution but its actually an active ingredient against AD.
Price still stuck at 4.4x, where others already at all time. Making money company but invested to much on others in uk & us. AGM must ask LKT relinquish him ceo & appoint others more capable.....
Bopian just treat LKT like he is the casino table operator/dealer, we are the retail punters at his casino tables. The house always win. Accept it as an "investment cost" for being LKT's minority shareholder. Its like that liow, it wont change. Complain here also no use.
Submissions to regulators are real. Wait for UAE approval in Q4 + followed by UK, USA, EU approvals next year.
During meeting with FDA, they want us to do another doubled blinded placebo trial if they give us AA. Better agree along first, then try solve the active placebo issue later on. KNN the blue pee problem.
I agree with Ria and ytl2023, just remove LKT and his geng. That is why I mentioned earlier attend the AGM in full force. If all minority shareholders pakat at least got a bigger say. Buying Empire is to save family business using our money as their piggy bank. Genting Berhad sh change management/directors
Boss using small shareholders/retailers to backup, bankroll & build empire. Basically, we are his culiees. For all expansion & funding to Spore, UK, US, whats there to show, other than buildings ? Has GB share price move up ? Has GB price moved up over last 10 yrs ? New expansion & growth S, US, UK. Nothing to show. Only boss richer with each new development & expansion ! HIGHEST PAID CEO in ASIA - PACIFIC ! Where is justification for BIG FAT SALARY !
Share price decline, doldrum, down ! CEO PAID HIGHEST in ASIA - PACIFIC
when price up temporary only, then down again like yo-yo.
Look at ytlp - ytl P O W E R !
Your money, you decide. vote in agm & voice in agm can't change
As long as he & his & family relations there, NO CHANCE & NO CHANGE. So, best is wait, waiT, WAIT for Taurx or divest, sell and unload.
tech stk although high, but future in tech ! Local mkt upside lower & limited US mkt upside higher & unlimited
If bubble burst or bear pull down bull or recession strikes, US mkt and local mkt, both also come down. So, not much difference if neg happens. But US mkt bigger, more open, more oppo !
Big ocean more fishes, more + & - Small pond less fishes, less + & -
GENM and GENTING will drop from klci anytimes the worst management after covid19 airport share price increase 100% airasia 100% with low dividen high pe while genting still perform like shit
buy PUC rubbish company buy LANDMARK loss making company most of investment failed even theme park also failed throw so many money to develop at the end not fox century
those money if invest in ytl that time can buy 50% of ytl share already can buy 10% maybank already put fd can generate hundred million per year consistence
In February 2022, Malaysia’s Genting SkyWorlds Theme Park was unveiled to the public. With a substantial investment of over US$800 million x 4 = RM3.2BILLION that time YTL 6billion market cap only sunway also 6billion market cap
now YTL is almost 40billion 500-600% return with high dividen pay out sunway 500% return also
Please la management GENTING HK already bankrupt big big impact to impression to bid new lisence in other country please at least show something genting is most efficiency creating value compare to peer
management should pay attention especially director because this is very important to bid thailand casino when you try to convience they will look at your performance if management still stay in own world then GG
Anwar deny is good news. Genting don't need another casino in Johor. Wasting money and capital. save cost. Singaporean can go to Genting Singapore and Genting Highland,
As everyone crazy of green energy, AI, data centre... Your boss crazy casino license..... As other shouts for electric cars, solar power, your boss spent his money on natural gas in indonesia.. Different perception different thinking. What to do... Others love New economy while he prefer the old one... No complaint
How to limit up when last quarter result so bad due to impairment. Q1 2024 result also not sure depend on any more impairment. TauRX still pending. Can stay in current price consider good.
Posted by ImCK > 13 hours ago | Report Abuse bid casino lisence need show data when people look at the P&L compare to peer how pandai talk also no use ------------------
Genting group will use GenS to bid for Thai casino licence. I recall even the Japanese casino regulator had very high opinion of GenS integrated resort biz model and use it as a poster integrated resort but unfortunately during the last yokohama election an anti-casino mayor came into power. I think GenS has good chance at winning a Thailand casino licence.
ATK the biz model is nice but creating value to singaporean / goverment is also important because goverment want solution how you can help increase tax help grab more money from tourism create more job help every singaporean growth the wealth . you choose me i can help everyone kaya
back to the square you need P&L as basis support gain goverment confidence to bid casino lisence because they afraid will like genting HK why dont i choose better performance than weak performance player
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).
“Thus, we do not discount the possibility that Genting Singapore may form a joint venture to bid for a Thai IR licence, should Thailand liberalise its casino industry,” it said.
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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....
ImCK
3,251 posts
Posted by ImCK > 2024-05-03 11:06 | Report Abuse
MRDIY market cap also surpass GENM ......