LKT already informed his fund manager dont let it go up above 4.78. got buyer at 4.78, throe to them cause he got millions of shares free cause he ceo...
Ha, I thing the AI can detect activities at I3 Genting chat room , when retailer sell, Institution can accumulate enough chips, price only can rebound. Micheal, we should shout selling from now on.......
Exactly. Playing the chasing game is not worth it.
Buy the laggard and hold. In the long run u will be richly rewarded.
If u guys have been here long enough u know I'm objective about Genting - when numbers sucked (poor profits even on higher revenue) I screw and laugh at it without restraints. Now they're starting to show results.
could the non-shariah complaints be a factor? in fact its even non-compliant to other religious organisations as well.... which could play a role in the share price? Look at the way forward.... 1. GenB issued close to RM1billion profit 2. Visa relaxation - china tourists visit to be fully reflected in next qtr earnings 3. Potential growth of Las Vegas and Taurx 4. Upgrades to GenS facilities - ocenarium etc Nevertheless, Empire investment continues to be a thorn among the roses..... peace
My guess... The bottom is 4.00 The top is 8.00... Maybe it has to wait for years. Whether to park your $$ or not, pilih sendiri.. Not buy recommendation...
Posted by raymondroy > 1 hour ago | Report Abuse could the non-shariah complaints be a factor? in fact its even non-compliant to other religious organisations as well.... which could play a role in the share price? Look at the way forward.... 1. GenB issued close to RM1billion profit ------------
@Raymond, Q1 NP was rm588m as reported a week ago.
Posted by Michaelchan2024 > 6 days ago | Report Abuse Don't sell ----------- Posted by Michaelchan2024 > 6 days ago | Report Abuse Strong support @4.75/4.76 💪 --------------------------
At 4.90 zone Don't sell.... Drop some more Strong support 4.75/4.76......... now jialat.... Unless you have Warren Buffett's first class FA skills thats ok. Will Warren Buffett buy this stock now even though stock price is way below NTA?
Michael ah, for sharper entries and exits, need to study charting and price action la.
@Pinky .... i dont just mean religious organisation, how about EPF, PNB, Khazanah, KWAP etc.... im sure they have rules against investing in non-shariah related counters.... just imagine PNB with its bumi holding cannot possibly invest in Gen... and also @AngTayKor .... i mean profit of RM1billion is referring to Net Profit before minority interest.... only after minority interest then the net profit becomes RM588m, otherwise as a Group GenB made net profit of RM998m, and YoY was RM295m, and QoQ was RM529m.... hope you get it :-) cheers
GTfun Most Foreign institutions holding is <1% /0.3-0.7%, of total stake, not like old days. Date show foreign fund Sold rm167m worth of value in may, and rm251m this year, I believe Vanguard is selling, and switching to tenage, Airport, myeg, inari
Thanks @Pinky ....wow no wonder none of the big boys are in the main shareholders list... No EPF, No PNB, No Khazanah, No KWAP...... and funny singapore govt is here owns 0.4% LOL..... no wonder GenB price stagnant, there is almost negligible institutional investors..... adoih, not sure if this helps explain the lacklustre price movement ? :-) peace
genting management need more agressive now management like in auto pilot mode wait money come only other peer already break record GENTING still lagging
@Pinky ....yes I see Vanguard there, but these foreign investors mainly buy for long term so its not liquid, whereas the local institutional investors trade frequently and therefore the counter is "liquid" means more activities and this drives short term prices....
should explore more business with low risk high return like take over REVENUE instead of PUC offer innovative payment solution like EGHL just announce take over by someone throw so much money out until now no one is successful
Prepare bullets to shoot this coming AGM. All hopeless managemen/directors only yesman to LKT. No check and balance why is why foreign investors avoiding the counter despite most analysts' buy call on Genting. Bloody thick skin and who only cares for his own wallet. Anything not profitable just inject into Genting to save his own arse
@Raymond we focus on rm588m as GenB doesn't own the balance 47% of GenS n 45% of GenP etc subsidiaries hence the focus is on attributable net profit after M.I, what truly belongs to GenB which will go into the Retained Earnings Reserve.
Ikan bilis play , no volume , waiting 4.50 to 4.55 reneter , no local n foreign fund go in Play between 4.55 to 4.94 , Ikan bilis only have limits power push to 4.94 only , n also have limits power pull down to 4.55 only Du pi tengok Genting Singapore pu tau , genting Singapore l the day Before QR announed is 88 sen , now 89 sen only
@AngTayKor ... duly noted, u are looking at after MI.... but MI portion can change from Q to Q also depending if subsidiary companies issue div, the profit B4 MI gives comparable performance review.... but if your focus is on whats gets retained in earnings then yes.... :-) peace
Wow, it is so crowded here. Experts say when a stock is crowded, the risk is high..😀 @ATK, I'm not very good at trading stocks. I tend to buy and hold for the long term. Making some noise here ..just to push myself to monitor and keep track of the stocks I hold. 👌
@Pinky, 好样的 True, I have the feeling that Pinky is objective, honest, and sincere. I am happy to see him on the same boat with us, as it makes me feel more secure and safe here.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
Michaelchan2024
1,174 posts
Posted by Michaelchan2024 > 2024-06-06 09:57 | Report Abuse
哇! 腥风血雨滿高原..