Dated 11th Oct,2024 No buy no sell call. Just an uncomplicated observation GENM ...DOWNTREND YTL .........DOWNTREND CIMB.... UPTREND but CHANGING TO DOWNTREND RHB... UPTREND but CHANGING TO DOWNTREND SIME.... DOWNTREND SINCE MAY IOIC ...DOWNTREND SINCE MAY IOIP...DOWNTREND SINCE MAY but trying to retrace up KLK...DOWNTREND BUT DOING SIDEWAY MAYBANK...UPTREND BROKEN , the best seems to be over, trending down . PUBLIC BANK... UPTREND BROKEN. DOWNTREND in progress SUNWAY...UPTREND in progress, sitting on support. PMETAL..DOWNTREND SINCE JULY....doing sideway TEN..UPTREND CONTINUES,BUT THE MOMENTUM HAS SLOWED DOWN HLBANK..UPTREND CONTINUES AND NO SIGN OF SLOWING DOWN QL...UPTREND CONTINUES AND NO SIGN OF SLOWING DOWN MAXIS..DOWNTREND SINCE 2016 , and continues TM... UPTREND has stopped. Downtrend not sighted yet
The Board of Directors of Genting Malaysia Berhad (the “Company” or “GENM”) wishes to announce that Genting Americas Inc. (“Defendant” or “GAI”), an indirect wholly-owned subsidiary of GENM which is an investment holding company incorporated in Delaware, United States (“US”), has been named in a complaint (“Complaint”) filed by RAV Bahamas Ltd (“Plaintiff” or “RAV”) on 7 October 2024 (US Eastern date/time) before the US District Court Southern District of Florida and served on GAI on 11 October 2024 (US Eastern date/time), which involves the operations of Resorts World Bimini (“RW Bimini”) in Bahamas, for which RAV is seeking for damages in excess of USD600 million.
RW Bimini is owned and operated by BB Entertainment Ltd (“BBE”), in which GENM indirectly holds 78% interest whilst RAV holds the remaining 22% interest. GAI is an affiliate company of BBE.
Genm mem ang I suspect tauke fraud shareholders but shareholders can't take to court. Now BB send Gen m to court lia w on share holders behalf??? Kena tauke kaw kaw Kali-inilah
US partner now claims Genting defraud him. Below 2.00 is a strong buy. I believed Genting has sufficient supporting evidence to counter their claim. Think of it JV Genting control 78% since 1998. Minorities always have a raw deal
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....
StakesAreHigh
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Posted by StakesAreHigh > 1 month ago | Report Abuse
Wah lao what happened to GENM ? I didn't check the price for a while when i log in i get this big shock ! RM2.37??