2nd half selling today is probably driven by market reaction on tariffs and futures pointing to lower opening in the US market, Vin. Not surprising as US market's correction mode need to pick up pace a bit more in order to go higher in the future :) China will then react accordingly for the tariffs - tit for tat. Just enjoy the drama and pick up some good deals along the way :)

Jackpot result will be announced tentatively by end of Apr'25 :)

No rush. As KLCI enters correction mode, I presumed funds/insti will reallocate/rebalance their portfolio to Genting as long as Q1FY25 showing signs of earnings recovery with gradual opening of the attractions in GenS and partial reopening of GenM's gaming facility.

pulled down by building materials segment, william. lower margins despite higher revenue for building materials. not good if lower margins for building materials continue into q3'25; quarterly profit below 1M if you will.

true. not the time to fight qr season; at least until q2'25 :)

Have to continue to wait until after 27th Feb to add; post q4'24 results.

abang's friends taking actions too?

Happy New Year to you, Jk and every shareholders of Genting :)

spot on. it has nothing to do with deepseek and shareholders are just responding to the untradeable warrants - lock in profits/rebalance and wait to decide whether to convert to mother share. Well, lets just look at the recent DC hype for ytlp (1) 32MW for Sea Ltd (2) 100MW AI DC. Lets take a step back to Dec'24. The 32MW is to be delivered in phases - 16MW delivered in 2024, 8MW to be delivered in 1Q26 and final 8MW in 1Q27. The 100MW is supposed to be completed by 2Q25 and there are no tenants/buyers for the 100MW as of Dec. Well, YTL AI will use the first 20MW. Lets assume ytlp will work hard to find tenants/buyers for the excess capacity in two years time. Realistically, the benefits for both the 32MW and 100MW DC will be seen by 2027. If you are the optimistic shareholder, will you keep pumping money into ytlp in the next 3 years (untradeable warrants expiry date) or rebalance your positions to generate the cash for conversion in the future?

yes, eric. and will be good to monitor the next two quarter performance too - signs of peak performance in FY24.