if you decide to list then be steady for shareholder query to be in fair i will compare same industry just found out why so fishy monopoly in malaysia gaming industry but gross margin only 30% while other gaming casino perator have more than 40% at least in comptitive enviroment
genting malaysia executive director Dato’ Sri Lee trained as a chartered accountant in London with an international accounting firm of chartered accountants following which he joined their offices in Hong Kong and worked in their audit and corporate advisory practices. He subsequently embarked on a career in investment banking where he specialised in the areas of corporate finance and the equity capital markets before joining the Genting Group in 1997.
He holds a Bachelor of Science (Honours) degree in Business Economics and Accounting from the University of Southampton, England and is a Fellow of the Institute of Chartered Accountants in England and Wales.
Genting PE ratio only 10.47, crazy undervalued. Imagine Genting PE at conservative level 12. The price would shoot up to 4.64. If PE is 14, the price should be 5.41. Just to give you an idea how severely undervalued is Genting.
Peaches L go compare industry peer gross margin profit get data then know already why other can make gross margin above 40% but only genting gross margin is lowest
if genting can increase 5% - 10% gross margin the net profit can be 1billion+++ if taking the average from peer 40% +++ gross margin where the 5% - 10% money go lol the latest 2023 genting malaysia gross margin only 25% so where the 15% go 🤣
ImCK, yes correct but, facts and data can only tell u a very small part of d story why certain things happen in a marketplace. There’re many other metrics like TA and FA (and tis oso a small part of it as well) for market movers to maneuver and manipulate esp. stock prices. I’m sure you’re much more smarter than tht to understand such things. If everything is so easy to just take things at its face value, then making money w b easy and there’ll not b so many poor people anymore.
On d surface, companies may look like peers but, their biz dynamics cud still differ from one another which cud make comparing them more complicated and complex for well-diversified conglomerates like GenT.
I had looked at the win ratios aka payout ratios of Genting and it is statistically correct so the Gross Margin is correct. In layman terms, it means Genting did not cheat its own customer gamblers playing at casinos.
If the competitor is making higher margins. I have no comment. You will need to draw out the picture yourself and come out with your own conclusions. 😁
ImCK
if genting can increase 5% - 10% gross margin the net profit can be 1billion+++ if taking the average from peer 40% +++ gross margin where the 5% - 10% money go lol the latest 2023 genting malaysia gross margin only 25% so where the 15% go 🤣
@peaches L to me nothing about the management to complain. These are issues beyond control. Just luck boh ong....can someone tell LKT to bath with flower in the coming AGM..
Tht’s why biz is called ‘sang yee’ as there’re endless possibilities when it’s combined w d person running it. Anyway, hv a great and safe rest of yr day everyone.
Posted by mushimushi > 3 hours ago | Report Abuse AngayKlown went to sarking koks for a moment, the price rocket immediately. I sure hope AngayKlown sold all his share at the lowest earlier and leave Genting thread forever. His daily long winded posts taking out the entire thread's full page really is a torture. --------------
Trader caught the big rally already sold 2 weeks ago and posted real profit records. I only post long-winded historical records to prove who has been slandering and spinning BS. Trader focus on stock market make money more important. Chao ah gua mushi like to sar.k kok everyday talking abt sar.k kok here while trader make real money from the stock market.
AngayKlown, no one is reading what you write here. What you written is always repeat repeat repeat and non stop repeat. People getting nausea from trying to read what you posted. Whenever I see the name AngayKlown, I will just scroll down to reading what others posted. You are super boring and obnoxious. Everyone's mood was very happy all around when you are not posting. Try read back and see.
Posted by mushimushi > 2 seconds ago | Report Abuse AngayKlown, no one is reading what you write here. What you written is always repeat repeat repeat and non stop repeat. People getting nausea from trying to read what you posted. Whenever I see the name AngayKlown, I will just scroll down to reading what others posted. You are super boring and obnoxious. Everyone's mood was very happy all around when you are not posting. Try read back and see. ---------------
Mushimushi like to sa.rk kok, ownself go and s.ark kok la. Stop repeating the same old slandering post on ATK. You have always been the first to start attacking and slandering ATK over the past 2 months, just because trader spot on TA prompt warning exit at 4.50. You jealous professional's skill and why your FA + TA always fail, can always go and learn some skill first ya. Trader here just attended trading lesson last weekend. Forever a student of the market.
Posted by mushimushi > 2 seconds ago | Report Abuse AngayKlown, no one is reading what you write here. What you written is always repeat repeat repeat and non stop repeat. People getting nausea from trying to read what you posted. Whenever I see the name AngayKlown, I will just scroll down to reading what others posted. You are super boring and obnoxious. Everyone's mood was very happy all around when you are not posting. Try read back and see. ---------------
Trader also doesnt like to read your mushi posts la. You can post your stuff related to stock market or genting here its ok no problem. I usually scroll down and skip them anyway. If I see you slander trader again, I will come out and scold the jealous coward chao ah gua mushi. You jealous, just go eat your sour grapes and keep quiet. Go and do your job as perma bull fend off fear mongers 踢館 Genting instead of attacking the skillful one who gave everyone here prompt exit warnings at 5.20, 4.80+ and 4.50 zones. These were real gem advice. Dont make me repost your disgraceful mushi FA + TA failure posts again.
Posted by MoneyMakers > 29 seconds ago | Report Abuse Wish can mute AngTKlown like in twitter Eyesore see repeat same BS lie - 1&only person here always give bad TA+FA then say make profit kikiki -----------
Aiya bad karma MM another jealous one always eating sour grapes spinning BS and lies. You can post your stuff related to stock market or genting here its ok no problem. I usually scroll down and skip them anyway. If I see you slander trader again, I will come out and scold this jealous sore loser MM. You jealous, just go eat your sour grapes and keep quiet. Stop slandering trader bought high 4.26 and impossible to make profit. Trader really bought at 4.11 n 4.12 and sold after the big rally exit price ranging from 4.26 to 4.16. Trader know MM still very sore abt missing the 4.31 big rally, get over it la trader made small profit only my real biggest showhand bet is on Taurx. One time hosay, confirm will win more than 400 times of large position big successful trades.
Posted by MoneyMakers > 1 minute ago | Report Abuse Aiyoyo AngTKlown ystrdy say buy 4.10..now become 4.11/4.12 Last time price 4.10-4.12 nvr say buy - after price heavy drop say make profit Story like old hindustan movie kikiki --------------
Hello, trader said 4.10 zone. You understand the word "zone" meaning? Over those 3 weeks in September, very very few shares bought at 4.10. Its almost impossible. Everyday at least 1.5m buy q waiting there. Lowest possible get at 4.11 n 4.12. You can q and q everyday like @Choysun, he didnt manage to buy them at 4.10 during September. Its next to impossible then.
Posted by MoneyMakers > 7 minutes ago | Report Abuse Aiyoyo AngTKlown doesnt matter what price u say ‘now’ Nxt time say buy 4.10 same day price 4.10 - not say after 2weeks Whole week qtr end give bad TA/FA - now suddenly say make profit how to believe leh kikiki ----------------
I said 4.10 zone. 4.10 "zone" can be referred to as 4.10 to 4.14 using primary school mathematics rounding down rule. I didnt buy at 4.10 its almost impossible. Trader like to trade like a lone wolf hunting. Quietly buy, quietly sell. On 01/06/2022, I even "told off" 1invest1 (a known ATK kaki) for posting immediately after he sold at 5.30 zone. He should have deleted his "victory" post then. Its ok, so long ago liow, he is still ATK's friend after all whats done is done.
I even told Income (a known ATK kaki then for fending off an emptyvesseli's baseless slandering attacks on ATK) when he sold that day at the peak 5.10 zone: "Dont say in forum you sold. When the play is over go back to 4.50 its too late for those greedy ones n emptyvesseli to sell."
Quietly buy, quietly sell is the best policy. Ownself trade, ownself make can liow. I only post trading records when sour grapes jealous people slander ATK a fake trader. I usually dont do that.
99speedmart sure up coz those Bangla supermarkets buy everything from 99speedmart shelves non-stop until most popular items are totally zero. Then Bangla shops mark up 50% profits and force local Malaysians to buy from them. Its either buy from Bangla or starve, your choice. 🤣
At a PE of 6, Dow should be 10,000 points, Nasdaq should be 4,000 points, Nvidia should be trading at US$12 instead of US$135, Tesla should be US$20 instead of US$221.
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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
3,248 posts
Posted by ImCK > 4 weeks ago | Report Abuse
if you decide to list then be steady for shareholder query
to be in fair i will compare same industry just found out why so fishy monopoly in malaysia gaming industry but gross margin only 30% while other gaming casino perator have more than 40% at least in comptitive enviroment