Posted by ckwee168 > 3 weeks ago | Report Abuse

The Miami land estate is the crown jewel for GENM, and indirectly GENB too .. let's not forget that .. a price tag of RM5 billion to its book value of RM1 billion will nett a gain of RM3-4 billion after corporate expenses ..

Posted by troy88 > 3 weeks ago | Report Abuse

GentingM doing way better than Genting Singapore. Was at the genting SG casino recently and it was very empty. No wonder gambling license only renewed for 2 years..

Posted by Balian de Ibelin > 3 weeks ago | Report Abuse

Yes that's earmarked for forest reserve...... 😁

Posted by cheeseburger > 3 weeks ago | Report Abuse

pump and dump...later afternoon u see what is coming

Posted by Balian de Ibelin > 3 weeks ago | Report Abuse

3.00 mari in the afternoon leh
Dun be a spoil sport. 🤣

Posted by Balian de Ibelin > 3 weeks ago | Report Abuse

Bursa will give special exemption to GenM on Limit Up and rocket to 20.00 later!!!!!

Posted by Balian de Ibelin > 3 weeks ago | Report Abuse

Now Whales still arranging for a Monkey See Monkey Do production movie.

Posted by Amazonboy > 3 weeks ago | Report Abuse

Uncle Lim got so many tricks...Lol

Posted by Balian de Ibelin > 3 weeks ago | Report Abuse

Turnover Only RM14 million, Whales not making much in this Pump & Dump.

Those days of Orang Kampung suckers where profits alone by Whales alone are 14 million are over

Posted by Balian de Ibelin > 3 weeks ago | Report Abuse

Oops
Viagra over

Posted by Balian de Ibelin > 3 weeks ago | Report Abuse

I think orgasm is so short because more than 80% are Whale units.

Orang Kampung suckers buying GenM represent less than 20% units.

Posted by Income > 3 weeks ago | Report Abuse

why one fat American is worth more than 7 fat Chinese？
U See the Miammy land then u under stand Kuku ciao?

Posted by Income > 3 weeks ago | Report Abuse

Balian sir is a PN17 instructor。 : 口

why one fat American is worth more than 7 fat Chinese？
U See the Miammy land then u under stand Kuku ciao?

Posted by Income > 3 weeks ago | Report Abuse

Posted by Balian de Ibelin > Nov 29, 2024 9:45 AM | Report Abuse

Oops
Viagra over

？

No need ViagRa laa
Just miamny land then you under stand oredi，Control yours stand please Balian sir?

Posted by cheeseburger > 3 weeks ago | Report Abuse

so...where is the expected 3.00 mari?....keep on dreaming

Posted by cheeseburger > 3 weeks ago | Report Abuse

i've told you is dead car rebounded.

Posted by Income > 3 weeks ago | Report Abuse

It's kapchai stok already。
Thank for your support here!

Posted by Income > 3 weeks ago | Report Abuse

Balian sir is a PN17 instructor。
Come to help soon to be kapchai stop here?

Posted by Balian de Ibelin > 3 weeks ago | Report Abuse

Whale 1
Orang Kampung Sucker 0

Dun mention 2.23

Even as low as 2.18 could be stuck for next 20 years. 😁👍🤜

Posted by Balian de Ibelin > 3 weeks ago | Report Abuse

Thank you very much.

Excellent Pump & Die.

It's Guinness Stout Time again.
Many thanks to my Sugar Mummy.

Posted by Income > 3 weeks ago | Report Abuse

Balian de Ibelin
Whale 1
Orang Kampung Sucker 0

Dun mention 2.23

Even as low as 2.18 could be stuck for next 20 years. 😁👍🤜
29/11/2024 4:41 PM

?

You are mistaken Sale for Whale because it sounds the same my dear friend. Haha

Posted by Balian de Ibelin > 3 weeks ago | Report Abuse

Its now a very expensive game because after key in buy orders BMS do not allow cancel order for biggies 2,500 lots and above etc.
You will get a verbal warning from Bursa.
Small fries cancel 100 lots BMS dun disturb.
So Whales forced to swallow some lots. But overall Whales still make money. Just cost of Bursa scamming had gone up a lot.

Posted by Balian de Ibelin > 3 weeks ago | Report Abuse

Ever since Bursa implemented the Bursa Monitoring System aka BMS, Whales need to slowly build up the buy queues and slowly collapse buy queues.
Just like GenM scam done today.
Essentially those kena scammed are given more time to dump sell to avoid mass slaughter.
Before BMS, buy queues just can collapse many layers or even many whole RM as Whales cancel orders within fractions of seconds.

Currently all who cancel huge orders are interrogated over phone or invited for coffee at Bursa.

Posted by Balian de Ibelin > 3 weeks ago | Report Abuse

The Battle continues on Monday between

OKS
vs
Whales

By now... you already know OKS means
Orang Kampung Sucker
aka
Orang Kena Scammed

Posted by Income > 3 weeks ago | Report Abuse

Posted by Balian de Ibelin > Nov 29, 2024 5:29 PM | Report Abuse

Its now a very expensive game because after key in buy orders BMS do not allow cancel order for biggies 2,500 lots and above etc.
You will get a verbal warning from Bursa.
Small fries cancel 100 lots BMS dun disturb.
So Whales forced to swallow some lots. But overall Whales still make money. Just cost of Bursa scamming had gone up a lot.

?


Wow,
Balian Sir , u are freely a instructor for PN17 billis。 TQVM

Posted by Income > 3 weeks ago | Report Abuse

My hand fingers very itchy to click buy button.

Luckily my fingers are not fat fingers 。haha

Posted by Balian de Ibelin > 3 weeks ago | Report Abuse

Over time you will regard Pump & Dump as your BFF.

So long as you control your greed you will be OK.

Heart must be steady.
Then you will not buy in greed
or
Sell in fear
or
Have FOMO short for "Fear Of Missing Out."

It will be OK if everybody at wedding dinner tomorrow brags about making money in GenM but you made zero.
At least you lost zero too.

FOMO is always major reason for huge losses in stock market.
Fear and Greed is the emo you must control yourself to make money in Bursa.

Posted by StakesAreHigh > 3 weeks ago | Report Abuse

So Monday continue to go up or not ?

Posted by pangolin > 3 weeks ago | Report Abuse

600 m net revenue ...... next week can go up till 2.5 ah >>???
or GM can declare 14c div for next QR ??

Posted by Income > 3 weeks ago | Report Abuse

Balian Sir, have u gone in this stock oredi?

Posted by Balian de Ibelin > 3 weeks ago | Report Abuse

Moving on to another stock on Monday.

Posted by TomYam > 3 weeks ago | Report Abuse

Genting Malaysia Third quarter 2024 results:
EPS: RM0.10 (up from RM0.031 in 3Q 2023).
Revenue: RM2.75b (up 1.5% from 3Q 2023).
Net income: RM569.2m (up 221% from 3Q 2023).
Profit margin: 21% (up from 6.5% in 3Q 2023). The increase in margin was primarily driven by lower expenses.
Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Hospitality industry in Malaysia.

Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.

Posted by Balian de Ibelin > 3 weeks ago | Report Abuse

When you are fighting Mr Market, you need to check yourself and seek treatment for mental madness.

99% of the time, Mr Market is correct. This sure ain't the 1%.
With logic like that, you dun need enemies.

Posted by Balian de Ibelin > 3 weeks ago | Report Abuse

Judicious application of general rules are required.
For Serba case many quoted being brave when others are fearful.

For Lonbisc, a ShitFool book author with fame infested brain also became brave when others are fearful. Disappeared later when Lonbisc crashed.

It's not about being brave and fearful but Wisdom to know the difference.

Posted by Balian de Ibelin > 3 weeks ago | Report Abuse

Your logical logic is even more Fatal because the Kisah Benar is actually the opposite / reverse.

GenM ability to generate profits had dropped by 80%
Whereas
GenM share price had ONLY dropped 25%

=> there is a huge headroom for share price to drop further.

Posted by Balian de Ibelin > 3 weeks ago | Report Abuse

The General Rule you must learn.

=> Mr Market always values shares as more than their real theoretical mathematical worth. The price difference some refer as Goodwill.

The reason why GenM has extreme over valuation
1) Public facing corporate body. General public sees Genting name often.
2) People assume Genting is branded.
3) Inertia by past shareholders who bought in at extreme high prices.
4) People brainwashed bv past unable to accept reality a mature company unable to generate good profits anymore.
5) Many still living in the past.

Posted by Income > 3 weeks ago | Report Abuse

Posted by Balian de Ibelin > Nov 30, 2024 2:08 PM | Report Abuse

Your logical logic is even more Fatal because the Kisah Benar is actually the opposite / reverse.

GenM ability to generate profits had dropped by 80%
Whereas
GenM share price had ONLY dropped 25%

=> there is a huge headroom for share price to drop further.


?
Balian said that
GenM ability to generate profits had dropped by 80%
Whereas
GenM share price had ONLY dropped 25%
please provide prove..，
→
Where is the fact and figures from the past 5 yrs from Genm?

Posted by Junkit Ng > 3 weeks ago | Report Abuse

Honestly just take word from the "shifu" here like the advice of a uncle that talks about stock in the koptiam. I lurk here from time to time and his arguement always macam yes. Quoting idiom left and right, explaining the composition of alzheimer drugs then disect qr report like he is mr market. Like chill dude genting has been range bound for years now u can pray it goes to 0.8-0.9 due to bad QR but its not realistic cuz that QR is 2month old by the time u get it market alrd priced it.

Genting moves based on FED rates just overlay the chart and u will see the corelation high rates = genting suffer, steady low rates = genting rebound. 2009-2016 is a good example, genting strives when monetary policy is loose it will be loose next year so stop looking at the 2 month old micro data and focus on macro genting will get their turn when rates goes back to 0. 25-1%.

Posted by Balian de Ibelin > 3 weeks ago | Report Abuse

Rates will NEVER go back to below 1% for the next 20 years.

End of discussion

Posted by Balian de Ibelin > 3 weeks ago | Report Abuse

Interest-rate forecast. We project the federal-funds rate target range to fall from 4.75%-5.00% currently to 4.50%-4.75% at the end of 2024, 3.00%-3.25% at the end of 2025, and 2.00%-2.25% by the end of 2026, after which the Fed will be done cutting.

Posted by Junkit Ng > 3 weeks ago | Report Abuse

Ya after they said inflation is transitory when inflation 1st started then they started hiking after things gone up 2x - 3x untill the labour sector is in a recession. Then they proceed to change their official definition of recession and revamp their way to calculate CPI, then proceed to cut rates after a few bank went down and a few more are on the brink of credit crunch.

In reality the fed is always late and wrong they tend to act tough untill they get hit in the face then proceeds to bail everyone out and keep rates low. U can argue 2% but i am going with 0.25 cuz they fked up after hiking in 08 and 18 and in both case they lowered to 0.25 cuz the banks and treasury couldnt handle a 2% enviroment.

But what would i know, the "shifu" here are conversing with us like they are the second coming of charlie munger and pavlov. We are lucky genting dint invest in nuclear, if not u guys will turn into the 2nd coming of oppheimer talking about how atoms create energy.

Posted by Balian de Ibelin > 3 weeks ago | Report Abuse

You got it backwards.
Though there is equivalent balance after the creation event.
Many believe energy creates atoms at the instance of the creation of the Universe, and not the other way round atoms create energy.
Nuclear chemistry was one of the academic units I specialized in as well to get my degree. 😁

Posted by Balian de Ibelin > 3 weeks ago | Report Abuse

So yes,
I am also a nuclear specialist in fusion and fission by virtue of my academic studies.
Amongst other weird diverse fields. 😁

Posted by fundamentalist6632 > 3 weeks ago | Report Abuse

Thanks Junkit, I learnt something from you, regarding correlation with ZIRP! I have another thesis as to why GENM recovery might be muted - the rise of online gambling. I look around me and I don't see young people going up to Genting to gamble as often. But I DO see people at the mamak openly gambling on mobile apps in broad daylight! The vice of gambling and the addiction will always be there, we just need to look around and see where it's flowing to. I'm not certain the offline casino business can even last another 20 years. These days I'm eyeing US listed companies that do online gambling.

Posted by Junkit Ng > 3 weeks ago | Report Abuse

By the way the reason why i am in this ticker is simple, 2 catalyst not mentioned here.

Fed rates and its effect on genting

China stimulus and the hidden slush fund.

The 2 will be the big catalyst for genting since genting has been in a high rate cycle from 2016-2024. In reality genting never had a chance to get a breather like the other stocks since business were suffering from 16-19 rising rates, 20-21 business was shut due to covid, 21-24 rising rates. A long term low rate enviroment + china stimulus spending spree will start 09-16 rising spree

Posted by Balian de Ibelin > 3 weeks ago | Report Abuse

China GDP is expected to drop continously for the next 5 years.
So far China solution to help economy is make announcements. No one gets any free money.

Statistics of China 50% youth unemployment are now censored.

How will this affect GenM ultra high PN17 level debt that exceeds equity?

A possible solution out of this dilemma is to sell off the plantation and power companies to infuse cash into entire Genting group.
Alarms are ringing and lights strobing.
Self destruction sequence T minus already announced and running.

Also to fight fires at GenT level GenM had to reduce NTA to donate dividend money to GenT

You bought wrong, people did not sell wrong price to you.

Posted by Balian de Ibelin > 3 weeks ago | Report Abuse

So far Genting solution is to borrow more money to solve temporary issues.

This is gonna blow up if Genting mgmt do not throw away their ego to start selling core assets and stop borrowing money.

Posted by Balian de Ibelin > 3 weeks ago | Report Abuse

Some people already punting on rumours of Genting dump selling plantation to outsiders to pay off GenM PN17 level debts.

Plantation share price been moving because minorities must get same takeover offer price.

Posted by Junkit Ng > 3 weeks ago | Report Abuse

Honestly i am seriously doubting your source of information, its the same as the uncle from the kopitiam.

The best place to see if they are doing QE or QT is just by looking at their bond yeild they went from 2.5% in 2020 to 3.3% in 2021. This was the time they started to dump US treasury intesively to bail out their own economy. Today the China 10y is at 2% and still dropping while their US bond holding is back at 08 levels. This is the real data that they are lowering rates to bail the economy out, its better than the news u mention that make anouncement then not doing anything.

Next the big spenders have never been the kids, its the VIP and the higher ups that go out and spend lavishly. (hence the term slush fund)

Next debt to asset, genting have been playing around a 45% - 50% asset to liability ratio since 2019 they held out the 1st rate hike cycle then covid then the 2nd ratr hike cycle and ur main worry is equity when rate cut comes?

Genting plantation just got a target raise by a few banks recently, stop looking at the data from Q3 its 2month old now 3 aggresive fed cuts had alrd happen. The only thing i would focus on is how bad will the black swan be for fed to cut back down to lower rates and how much genting will fall since its was alrd in a downtrend when everything else is near bubble territory.

Posted by Balian de Ibelin > 3 weeks ago | Report Abuse

Not uncle lah
Auntie Makcik Kiah at kopitiam told me GenM debts = 11.54 Billion vs Equity 10.9 Billion

Genting Gearing already 106% PN17 level