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  thurston Genting Singapore share price is now SGD 1.10, 20% above pre-pandemic level. Genting Berhad owns 52.5% of Genting Singapore. This shall reflect to its value below, 1.10 x 3.34 x 52.5% x 12B (GenS share number) / 3.85B (GenB share number) = rm 6.00. Please note this value has not included Genting Malaysia, Genting Plantation, Genting Energy, Resort World Las Vegas and Taurx. 22/03/2023 11:10 AM dragon328 Genting Singapore share price rally is well expected for reasons explained in my earlier article. Maybank research yesterday upgraded Genting Singapore to a BUY with tp of S$1.18, an 23% uplift citing similar reasons. To note that its projected EBITDA of S$1.307 billion for FY2024 is not too far off from my earlier projection of S$1.4 billion. I expect Genting Singapore share price to continue upwards trend to beyond S$1.20 in coming months. This will create another 60 sen in value to Genting Bhd. 22/03/2023 11:36 AM stkoay Two retail favorite ....Genting n PBB are down. One institution favorite, the Big Blue is up. May be, retailers are selling ahead of FOMC announcement on rates 22/03/2023 12:34 PM DestinyL NTA doesn't mean much for conglomerate shareholders The cake is yours but not for your eating, how? Unless there is high dividend payout from Gens, and GenB other entities are not negating the profits 22/03/2023 12:45 PM DestinyL As usual, another big impact is when your subsidiaries gives you the equivalent high dividend, and you squander the profits via RPTs 22/03/2023 12:47 PM stkoay Posted by DestinyL > 1 hour ago | Report Abuse NTA doesn't mean much for conglomerate shareholders The cake is yours but not for your eating, how? Unless there is high dividend payout from Gens, and GenB other entities are not negating the profits ____________________________________________________________________ Agree ! 22/03/2023 2:10 PM stkoay https://www.theedgemarkets.com/node/659583 KUALA LUMPUR (March 17): Rakuten Trade said it will not be surprised if foreign funds make a U-turn back into the Asia market over the next couple of months, amid the erratic US market and the recent banking debacle. Rakuten Trade head of research Kenny Yee said that investors are getting more risk-averse, seeing that the volatility in the US and Europe is increasing, and will shift their attention back to Asia, which they have been ignoring since the 2020 pandemic period. “With their abundance of liquidity, they have been comfortable trading within their own market, but now with high risks there, I think they have no choice but to start looking at Asia again,” Yee said in the firm’s virtual media briefing on Friday (March 17) regarding Malaysia's second-quarter market outlook. “There will certainly be a realignment of their portfolios. Some foreign funds will look to diversify their portfolios, especially for the financial sector. I think they are selling Western banks to look at Asia banks which, I say, are more stable and better capitalised.” 22/03/2023 2:58 PM MoneyMakers Gdluck hodl bank stocks Once bank crisis start, gov immediately takeover (delisted) - shareholder total loss Basically 100% loss within days - somemore without warning (nobody know bank trouble until too late) 22/03/2023 4:56 PM prudentinvestor "Once bank crisis start, gov immediately takeover (delisted) - shareholder total loss Basically 100% loss within days - somemore without warning (nobody know bank trouble until too late)" @MoneyMakers, Can you give one example of bank failures which occurred in Malaysia over the past 40 years and which resulted in shareholders losing all their money? 22/03/2023 9:56 PM Michael_chan2022 https://www.cnbc.com/2023/03/22/treasury-will-do-whatever-it-takes-to-ensure-savings-remain-safe-yellen-to-tell-senators-.html Ang mohs rushing to withdraw money from the banks.. safer to put under their pillows 23/03/2023 7:35 AM Michael_chan2022 https://www.bloomberg.com/opinion/articles/2023-03-22/silicon-valley-bank-ran-out-of-money#xj4y7vzkg https://www.cnbc.com/2023/03/22/live-updates-fed-rate-march.html Banking stocks are safe meh? 23/03/2023 7:41 AM Michael_chan2022 Of course GenB is still the best... many are quietly accumulating 23/03/2023 8:23 AM DestinyL I have stated my intention long time ago to switch Genting to Aji Should've made more switching when GB shot up to around 5+ but decided to wait for the QR for bulk switching Aji was around 13.80 at the time 23/03/2023 12:18 PM DestinyL Instead, I was bombarded to talk good on Aji here in GB forum, and the die hard investor with seemingly bottomless fund says MSG is dying lol I didn't know forums were for good news only, and I still pity those who thinks so lol 23/03/2023 12:26 PM MoneyMakers @Prudentinv No use see history Credit Suisse (170 yrs) / SVB (40 yrs) / silvergate bank (30 yrs) / signature bank (20 yrs) - all sudden collapse no warning (shareholder 100% loss) Switz gov even bypass ‘shareholder vote’ - forcesell credit suisse 23/03/2023 12:42 PM Michael_chan2022 Good. This is the stock I added the inv. funds because of the higher than expected impairment losses declared in 2022. Many sti listed companies have done it in 2021 23/03/2023 12:56 PM prudentinvestor "@Prudentinv No use see history Credit Suisse (170 yrs) / SVB (40 yrs) / silvergate bank (30 yrs) / signature bank (20 yrs) - all sudden collapse no warning (shareholder 100% loss) Switz gov even bypass ‘shareholder vote’ - forcesell credit suisse" @MoneyMakers, I asked you if there was any collapse of Malaysian banks which resulted in shareholders losing all their money in the past 40 years. Why did you keeping harping about foreign banks? Don't avoid my question. 23/03/2023 12:59 PM  1invest1 DestinyL GB $4.26 Oct '22 $4.53 now Aji $11.00 Oct '22 $14.76 now DestinyL you are right. GB not as profitable stk trade as Aji 23/03/2023 1:09 PM MoneyMakers @Prudentinv MY got many failed bank in 1997 crisis - merged under MBB/PBB/CIMB etc Coming bank crisis - gov takeover everything like in US/Switz (shareholder 100% loss) 23/03/2023 1:10 PM neohts https://www.theedgemarkets.com/node/660347 “Going forward, consensus is projecting the group to make [a] net profit of RM1 billion for FY December 2023 and RM1.27b for FY December 2024, translating to forward PERs of 14.5x and 11.4x respectively,” it said. 23/03/2023 1:12 PM Michael_chan2022 Good. GenM's directors are buying own company shares .. what does this imply 23/03/2023 2:13 PM ClaraChan94 One of the best recovery stocks, but taken over by AAX which shot up from 60 cents to RM1.60... 23/03/2023 2:29 PM prudentinvestor @MoneyMakers "@Prudentinv MY got many failed bank in 1997 crisis - merged under MBB/PBB/CIMB" There was no bank failure per se in Malaysia during the 1997 financial crisis. After the crisis, Bank Negara directed big banks like MBB to take over/merge with smaller banks so that the merged banks were stronger and more efficient and hence more competitive. "Coming bank crisis - gov takeover everything like in US/Switz (shareholder 100% loss)" I won't say it would never happen but is highly unlikely. Do you think the government would allow ASB to lose all its money? You are highly imaginative. 23/03/2023 3:03 PM MoneyMakers Aiyoyo bank negara force merger means bank fail lo Dont compare urself to ASB - they easily survive even if bank stock collapse Now riskiest time to own banks (high interest rate destroy banks balance sheet) - anytime can total 100% loss no warning 23/03/2023 5:00 PM prudentinvestor @MoneyMakers "Aiyoyo bank negara force merger means bank fail lo" No bank had failed. It is your warped opinion. Name me one bank in which the shareholders lost all their investments. In fact smaller bank shareholders had been offered prices higher than their banks' net book values. With political uncertainty and PN gaining support, the riskiest time is to own a casino counter. Banks are very, very unlikely to fail in this country but casinos/gaming outlets can be closed anytime. 23/03/2023 5:46 PM prudentinvestor I bought Maybank at around RM8.50 a share and Genting at RM5.15 just over 3 years ago. To date, Maybank has already paid me RM1.77 a share in dividends and another 30 sen would be paid tomorrow. I disposed of Genting over a year ago for a small loss and switched to Maybank. I don't know how much Genting has rewarded its shareholders but it should be less than 25% of what Maybank pays its shareholders. It should be very obvious to everyone which counter is a better investment. 23/03/2023 6:00 PM  James_Bond Congratulations comrades! Hv faith in Genting Berhad and you will be rewarded greatly! Mark my words! Cheers! 23/03/2023 6:15 PM MoneyMakers @Prudentinv Gdluck lo hodl banks Later dont cry mother father when bank crisis start - 100% total loss within days 23/03/2023 6:19 PM MoneyMakers Ding3 4.56 new weekly high closing (includ div 9sen) Lai lai back to rm5 coming soon 23/03/2023 6:19 PM prudentinvestor @MoneyMakers "Gdluck lo hodl banks" I don't invest in Maybank and then pray that luck would be with me. I have 100% faith in my investment. You should pray that PN doesn't win the next GE, meaning your investment is risky. Don't worry about bank failures in Malaysia, let alone Maybank failure. It is a figment of your imagination. Instead worry about Genting, worry when it can earn over 70 sen a share and pays 60 sen a share in dividend yearly. 23/03/2023 8:55 PM MoneyMakers ‘100% faith’ wont save u when bank crisis hit (high interest rate = bad 4 banks) Wait & see lo if bank collapse this yr - very high risk 23/03/2023 9:38 PM prudentinvestor @MoneyMakers "wont save u when bank crisis hit (high interest rate = bad 4 banks)" Banks are benefiting from higher interest rates. DBS Bank has seen its profits surge from higher interest rates. Wonder where you studied economics. "Wait & see lo if bank collapse this yr - very high risk" Don't worry about bank collapse. Genting has a much, much higher chance of collapsing. https://www.reuters.com/business/finance/singapore-bank-dbs-q4-profit-soars-68-flags-robust-outlook-2023-02-12/ 23/03/2023 10:04 PM MoneyMakers @Prudentinv Got old saying - ‘high interest rate good 4 banks until they’re not’ Go learn higher level economics & will understand how high interest rates destroy/collapse bank 23/03/2023 10:45 PM James_Bond Real facts as below:- 1. Genting Berhad is a net cash company with cash/ total current liability of 2.70! 2. No Prosperity tax will impose to Genting Berhad because for the past few years Genting Berhad in huge loss. 3. Tourism is the best way to move forward now to increase Gov revenue without spending a single coin from government. 4. Genting Berhad has lucky 7 turbocharged engines. Turbocharged Engine 1: Genting Singapore, transforming to RW 2.0, one of the world best resorts for tourists. Recent QR showed that revenue and profit improved tremendously! Turbocharged Engine 2: Genting Malaysia, holding the monopoly casino business in Malaysia. With the opening of the new Sky-world theme park + higher rental fees + higher hotel rate per night, definitely will generate more profits to Genting. Turbocharged engine 3: High palm oil price, depreciating ringgit, will bringing more profits to Genting Plantation and Genting Berhad. Turbocharged Engine 4: High turnover of visitors to Genting premium outlets with higher parking rate and rental fees will bring higher profits to Genting Plantation/ Genting Berhad. Turbocharged Engine 5: High oil and gas price will bring more profits to Genting berhad! Turbocharged Engine 6: TauRx, awaiting FDA approval for Alzheimer treatment. Turbocharged Engine 7: Genting Berhad is going to auction off Miami property, which it acquired in 2011 for US$236 million. This Miami property worth more than US$1000 million at current market value. All in all, Genting is your Best of the best investment in 2023. Creme de la creme. To all Genting shareholders, I wish you all, Happy Investing in Genting Berhad with glamorous returns! Best Wishes, -James_Bond- 24/03/2023 7:33 AM Michael_chan2022 Take a look at sembcorp, u96 ... people has been shouting it has super high debts since 2020 See today.. 24/03/2023 9:18 AM Michael_chan2022 Genting Debt to Equity Ratio is only.. 1.275 for Sept. 30, 2022. No worry... 放心啦! 24/03/2023 10:21 AM  |
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