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Thanks, Vin. 2nd half of the year will be intense - RWS new attractions and hotel capacity recovery, RWNYC full casino license bidding results by Dec'25 assuming no delay, first drop of LNG in 2026.
I got buy sell genting during this 9 years... Got some luck as well.. Sold before LGE announce gaming tax hike... Hehe.. Just recently last year bought genting hold until now...
Gens price look quite attractive.. Since the hotel n new minion theme opening soon
can be many reasons, Vin. internal and external headwinds. My personal opinions as such: Externally - tariffs, overvaluation of techs, Trump's administration onboarding means new policies will be in placed, inflations and all these means sentiments will be weak. Value and dividend stocks will be in favored during such uncertainties/period. Internally, minimum wage salaries starting in Feb will hit manufacturing sectors given the recent demand and impact of tariffs, and higher civil servants salaries.
you are welcome, Vin. I do not think there will be much impact for Genting after being sold down in Aug-Dec'24 due to RWLVS complaints, repricing for short term earnings disruption from GenS and index funds rebalancing. These factors have been priced in / done deal. We will start to see GenS recovery with opening of its attractions starting next month, index funds fully exited, and hopefully to see the disposition plan for RWLVS complaints soon based on 9th December response date. At present price of 3.70, its offering yield of 4.05% which is higher than current FD rate :) Can sleep well as long as there is no risk to its ability to continue generate the cash that we are seeing from its operating activities :)
Morning cheng..
This year end only will know the ny full casino result? So far two court case haven't settle yet... Bahamas and rwlv..
Share price hard to move up
there are two things from values for shareholders perspective, Vin. (1) dividend (2) share buybacks. In the case of Genting, its only dividend for now. If and when share buybacks is executed, that will be a good sign :)
tested your patience to the max, Vin :) I just started buying Genting last year after Q2'24 results is out. Still a newbie. Started buying GenM towards end of 2023; first batch at 2.45 and currently avg at 2.24. Both are providing good yield at the moment and there is no risk to the dividend payout based on the numbers from the report thus far. Will consider to add after each quarter report is released so long the fundamentals / variables used remain intact. Will sell GenM if RWNYC fails to secure the full casino license and hold on to Gent only :)
Klci market not beauty... Loser alwyss beat winner... If one company really steady bomb bibi... No need worry short term pain... Look for the future...
Hi. Cheng... DJ plunge almost 700 point... Rate cut maybe slower...
Hope genting can maintain above RM3. 60 by next week..
And thx for the links too..
Hope taurx really can approve.. last hope for genting..
Expected and it should go down more particularly tech stocks - AI and semiconductors, Vin. Not a surprise due to overvaluations. Value and dividend stocks will be preferred. As for HMTM from TauRx, there are no adverse events reported from the clinical trials which is a big plus point. 2nd plus point is its oral meds in pill forms compared to the other two approved by UK MHRA which is IV meds and with known adverse event such as ARIA.
Strong safety profile + oral meds + no adverse events comparing to the two approved drugs - need a strong justification to reject it :) there's a strong demand for the drugs in UK and the link above is not the only channel reporting it in UK. It's understandable as the previous two approved drugs is not available for NHS :)
Ok thanks alot cheng ... Then we let's wait for it... Hope can settle the Bahamas and rwlv case ASAP...
Genting market cap almost surpass SIME... Wish that genting will reenter klci component again in this June..
You are welcome, Vin. Probably not a good idea to reenter into KLCI constituents yet in June. The market makers for large cap stock are the funds/insti and not retail. While financial performance will improve over time, the sustainability piece is something that the BODs need to work on to entice the funds/insti. Index funds exited and other funds bought back in late Nov/early Dec.
Understand :-)
Let's wait for tmr again..
DJ plunge almost 700 point...hope klci maintain above 1600...
Gens doesn't look good as well...
0.75...but seem like opportunities to buy now
It's an overdue corrections for US techs :) not even near to where it should be yet. As for Genting, it should be in accumulation mode given the Apr timeframe for HMTM. If it is approved, it will be a double theme second half of 2025 - GenS earnings recovery + monetization of TauRx stakes.
true, smart investor. I am actually referring to all other industries whereby higher minimum wage salary will increase disposable income for the employees and hence, higher spending which bodes well for genting - holiday/vacation with family.
Let the chart maker do their job as they will determine where the low is - attractive by means of valuation :) 24th and 25th April should be watched closely since UK news mentioned decision expected by regulators in Apr :)
Hopefully RWLVS complaints disposition plan will be finalized before Apr too. As for shareholders dispute between GAI and RAV Bahamas court case, that will probably take a long time similar to litigation cases that we have seen in Malaysia; unless out of court settlement, back to boardroom. Safe to assume one to two years process at least.
Cheng, seem like need very patient on this stock...
Hold 1 year plus... Portfolio still red...
Quite hati sakit..
Let's hold everything fine...
Next month rws minion land open ady .. :-)
Lol, Vin. I am used to investing in undervalued / stock beaten down by the market irrationally. Still enjoying it until today :) If you have been doing well in the past, just have faith and continue with it. Maybe you can consider (1) risk management (2) liquidity in your plans before initiating position.
I didnt compare market cap between Gent and GenM, Vin. Its a direct output of market price multiply by nosh. Nothing much to get from there other than rankings by market cap in the KLSE.
The previous confirmation of reversal came after two weeks upon the first sighting of reversal candlestick. Similar candlestick observed on 14th Jan. Will the confirmation of continuation appear within two weeks too?
Hello, Jiashen. Nothing much except the shareholder dispute between GAI and RAV Bahamas. Some of the timeline seems to have been established such as the jury trial on Sep 2026.
GenS happenings in 2025 - The spokesperson added: “Visitors can look forward to a wave of exciting new offerings this year, such as Illumination’s Minion Land at Universal Studios Singapore; a transformed retail and dining biophilic enclave at the Forum; a reimagined boutique and all-suites luxury hotel; the much-anticipated Singapore Oceanarium, and much more. These exciting new-to-market thematic concepts set us apart as a premier resort destination that boldly pushes the tourism boundaries of possibilities. https://www.ttgasia.com/2025/01/23/resorts-world-sentosa-to-welcome-high-profile-chinese-entertainment-awards-gala-rolls-out-packages-for-fans/
yes, Jk. And, one major decision which could also spring a positive surprise for Genting in Apr'2025 - marketing authorization decision for HMTM by UK MHRA.
That's the RWNYC full casino license plan, Vin. Meaning, the expansion plan will proceed ONLY if RWNYC secure the full license. No full license no expansion plan :) As for funding, it can be asset sales, corporate bonds, loans or other means of funding.