Kyory Lau's comment on GENTING. All Comments

Kyory Lau
9 Like · Reply
Share market is speculative in nature. Even if announcement of certain areas MCO, it do not really affected the glove demand in nature as it is not like Mar 2020 where whole world close down and glove demand will increase due to pandemic.. the glove order have full up to 31st Dec 2021 while even if closed down on certain areas might Genting Malaysia business will not affect their Singapore and other parts of the world..
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Kyory Lau
Even if any close is only talking about a month of max of 2 mths where vaccine will arrive.. 1st support seen at RM4.02 if break can wait lower.. yet to enter oversold position
2 Like · 3 years · translate
KM Chan
well noted. I am ready.
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Sam Lee
Gloves also made by human la, those foreign workers not immuned to virus also. If another breakout virus in their gloves dorm sure reverse the situation
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Vivian Tan
noted,im ready too..
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Mel
Noted :) ready too
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Whelen Ng
There is wave, just be steady...
YNWA
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Kyory Lau
Don't seem got any news yet..but glove stocks push index closed at 1,633.. above this week last week Friday 1,627 closing..
1 Like · 3 years · translate
Mel
Kyrory, u start buying already? ^^
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KM Chan
aiya. genting did not go below 4. have to wait next week I guess.
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Kyory Lau
Not yet Mel.. need to see any announcement tonight or weekend or not.. better safe than sorry.. if buy or sell today is like playing banker player.. if buy glove stocks out of sudden no lockdown then next Monday leng yer.. if buy Genting if announce targeted MCO if lockdown Selangor, KL and Pahang also leng yer.. so see clearer picture next week better...
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1 Like · 3 years · translate
Kiki Liew
I predict next Monday would have strong technical rebound to RM 4.30
1 Like · 3 years · translate
Kyory Lau
Hope so Kiki
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Kaiba AA
bought some at 4.02. But if mco could.be below RM4.
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Vin Cullen
Hehe.. Depend on mco still running or not. Let's wait and see :-)
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Mel
Kyrory, hahah...That is what I think too. wait for clearer picture ba.. ^^
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Ron Ng
Now Covid Cases bad coz vaccines haven reached malaysia. Vaccine reported to reach malaysia by Feb. During that time, news regarding first batch vaccine arriving will surely give positive impacts on recovery stocks. Hope to buy Genting at its bottom around early Feb
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Tempura Fish
I m back... so worried...
1 Like · 3 years · translate
Er Wee Qian
No worry because my average price higher than you all is at 4.53
1 Like · 3 years · translate
Tempura Fish
Still worried because I all in at 4.50.... now I no money for food.. hehehe....
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Ja De
MCO then is good news also, top up and wait for next month report and vaccine news.
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Vin Cullen
Our country covid cases getting worst..
Need to prepare for the worst...
Just share my 2cent... Next week will probably lock down 6 or 7 states for 4 weeks...
Good luck
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Tempura Fish
hold, buy or sell call?
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Andrew Cheong
Khairy: Malaysia can use Pfizer’s Covid-19 vaccine now as conditional registration granted

February is coming. MCO MCO tak apa. Biarkan MCO.
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Simsim Lee
By that time vin also finished his penang char kuey teow d, if goes low then he can buy low and eat char kuey teow again, now vin same as wai chong d LOL
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Wai Chong
Lol why always say me =(
1 Like · 3 years · translate
Tempura Fish
any TP for this counter?
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Andy Tan
TP given to genting by Kenanga after considering vaccination factor recently is RM5.70. For individual, it's depends on our own safety margin for intrinsic value, if we set safety margin around 20%, our own TP is RM4.50. 25% safety margin is around RM4.20. 30% safety margin is around RM3.90. Of course, some people can set safety margin around 50%, TP become RM2.80. But, the higher safety margin we set, lower chance we able to grab in open market. Finally depends on market and our own judgement.
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Tempura Fish
Ghim Huah, what is your average price?
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Andy Tan
My average price is around RM3.5
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Andy Tan
But I still top up at RM4.20 and RM4.10 . Consider to top-up again at RM4.0. I don't think we able to get cheap ticket like last March and October.
1 Like · 3 years · translate
Kyory Lau
RM3.50 should be quite safe.. wait for irrational throwing by panick holders and benefit from it.. I am waiting too.. if you know how to calculate fundamental on financial you will know how much its affect the compay profit if close for a month.. some tips u can always look's for the worse scenario, full lockdown of whole world like Mar to June 2020.. Genting reported a loss of RM900 mil+ which is negative 20+ cents.. so do u think the lock down will be like previous almost 3 mths or more severe
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2 Like · 3 years · translate
Kyory Lau
While Singapore is doing good.. US, UK and Europe on recovery after vaccine have continuos market up for almost whole week where US is going to announce trillion stimulus again next week. U make your own call and rational
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Tempura Fish
Maybe this time lock down Another round Genting will decrare dividend to shareholders. Because they need more $$$.
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Vin Cullen
Don't know Is EMCO OR CMCO..
If Cmco still boleh tahan.. Haha..
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Tempura Fish
if EMCO a lot small capital business will bankrupt. If CMCO the same as last time no point.
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Simsim Lee
as in long run i think it will be wise choice to impose stricter lockdown, vaccine inoculation is imminent
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Kyory Lau
Agreed.. do it once for all.. direct targeted MCO for 1 month.. no need doubt think too much which suppose to come even early before cases are worsen.. one month close up Malaysia will only affects around RM300 mil divide by number of shares for GenM which is less than 10 cents EPS and even lesser for Genting as can be cover Genting Singapore, Genting Plantation and etc. By that time vaccine is coming.. after that more focus on recovery than virus.. we can hear less people talk nonsense.
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5 Like · 3 years · translate
Andrew Cheong
Emco, Tmco or MCO also never mind. Vaccines will be coming in Feb. Let it be. More good news only
1 Like · 3 years · translate
Tempura Fish
I think government should mandatory those people who stay in big city like selangor, kl, penang and Johor to take the vaccine first. As the population is bigger and higher density in these area.
1 Like · 3 years · translate
Ron Ng
Walt Disney in US already broken new high,price even higher than pre Covid
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Andy Tan
Not necessary 1 month. If mandatory lockdown around 10 days in whole country directing all industries and manufacturing (even medical related factory except hospital) to be shut down, I believe all covid cases able to emerged. This is almost same with Chinese government practice in Wuhan. Do it final for all.
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Alan Li
vaccine already available in US. Yesterday alone over 280 thousand cases. Covid-19 in Malaysia still very active
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Andy Tan
Although vaccine available in US, only less than 1.5 % US population is vaccinated as of today. We can't see any significant reduction of covid cases. The chain of infection will only broke when the vaccination reach at least 30%. This might take few weeks from now. Herd immunity able to achieve only if more than 70% US population is vaccinated. This might take few months from now.
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1 Like · 3 years · translate
Kyory Lau
I think most of us here is prepare to grab low and not only holding for few weeks.. most of us here are looking minimum 2 yrs
2 Like · 3 years · translate
Andy Tan
Agree Kyory, Genting stock is for long term investor. Global herd immunity only able to achieve until end of 2021. Genting business full recover in 2022.
1 Like · 3 years · translate
Kyory Lau
Temporary treat as FD and get dividend. Whole world government not afford to forever close border. Tourism is a major contributors to country GDP. Sell down the market now is like against the world governments. Last year Nov 2020 short sellers who short tourism and airlines loss billion of US dollars.
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Kiki Liew
Now the issue is, all of us want to sai lang but don't know which point to enter.
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Kyory Lau
This is Uncle Kee call when to enter.. I only know when I enter will update accordingly will do...:)
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Jeffrey Chan
IB did not short Genting or GenM counters. So, who is selling the stocks???

https://www.bursamalaysia.com/misc/missftp/securities/securities_equities_rss_2021-01-04.pdf
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Kyory Lau
Foreign funds and our panic retailers lor
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teikchye kee
@Kiki Liew, never put all in one basket. Spread it out equally based on yr hard earned savings. Look back the story of "Too Big Too Fail " in Yr 2008 Yr 2009 companies in America.
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teikchye kee
@Er Wee Qian, tks for sharing. This is another problem we will be seeing on Monday.
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Vin Cullen
Possible will follow like last year September.. CMCO..
1 Like · 3 years · translate
Jeffrey Chan
Kyory, if IB didnt short then, by right this stock should be steady if local retailers dont goyang.. seems to me like we shoot our own foot this time
2 Like · 3 years · translate
Cheasea Cheah
Jeffrey, IB didnt short sell for this , where you got the info?
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Ming Kang Chai
Chelsea ccs can check at the website..
1 Like · 3 years · translate
Kyory Lau
Even IB do not short it Jeffrey, Genting count a lot of foreign funds buying.. for the pass 2 weeks mainly is foreign funds selling however, by stronger ringgit will attracts more foreign funds to come in but main thing now is need a stable politic and vaccine. Chelsea you go into Bursa website will be able to check on the short selling list.
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teikchye kee
Foreign funds selling? ss expected.
I think I did mentioned.
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Lee Guan Hong
Kee i dun think is short selling, even is short selling oso many investor will come in and grab ticket at low since genting is very very undervalue. If for risk reward ratio i am prefer consumer stock which has a lot of cash on hand can survive during this pandemic. If glove sector that is very short term play. Since everyone can build a glove factory without license. But not everyone can build a casino or themepark. So for long term i still look good on those recovery stock. My 2 cents. Haha
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Tempura Fish
I think Guan Hong only value on those companies asset and equipment. He will not value those companies technology and growth.
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teikchye kee
@Tempura Fish, you know my taste. Hahaha
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Cheasea Cheah
@ Ming Kai Chai, you got check at Short Sell list or not Genting Plantation yes, but not to Genting
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Lee Guan Hong
Tempura for me i am nt risk taker. Yes genting's asset is higher than NTA. But i am not looking at what genting NTA. I am saying genting has so many casino once recover genting will shoot up. My view for genting is downside is limited. I am nt hoping genting can go up to 8 or 9. I am just hoping genting's share can move stable that's all. Cause i am not monitoring everyday. Growth or not, we can see in future. This pandemic situation more than 50 percent of the listed company not growing too.
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Lee Guan Hong
But still can goreng up and down and tipu those investor hard earn money. Haha i am just hoping stable only. Lols just sharing my view. Everyone has different view. Sharing is caring. Have anice day all :)
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Alan Li
US & UK still facing covid-19 crisis and Malaysia not anywhere better. Recovery play? You are kidding yourself.
1 Like · 3 years · translate
Kyory Lau
No right or wrong.. Tempura and uncle have their view while Guan Hong looking for long term have it own strategy too. For me as long as making money will be good strategy whether is short term trading or long term holding. Since no strategy good for all, traders have their way while value investors have its own way too. Happy investing all and let's see how market react tomorrow.
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Tempura Fish
here come another glove play party member. For me recovery sector and glove sector is a short term investment. I m looking high dividend and growth for long term trading.
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Jeffrey Chan
Yes, agree with both Kyory and Tempura. To me, the appeal of Genting stocks are its Dividends. Am just curious who got so many shares to let go if not IB. Hopefully if only FF then, it will be a matter of time before it picks back up. Unless IB gets bored with the gloves counter soon and switch attention to other counters. just waiting for more bullets come month end to pump in later. For the gloves, the opportunity to goreng is very tempting indeed.
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Lee Guan Hong
Haha tempura i like ur strategy too. Hold on long term growth company and pay dividend too. I hope when consumer stock recover then will pay dividend. I like genting because he is monopoly in malaysia and potential bid in japan by genting singapore to be a monopoly in japan. And branded theme park. Hope it goes well :)
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Jeffrey Chan
What do you all think of the following articles?

https://www.theedgemarkets.com/article/genting-unlocks-value-life-scie...
https://www.theedgemarkets.com/article/gentingbacked-biotech-firm-comp...
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Ron Ng
Its funny that Gloves Players love that the world covid cases forever high, the more ppl die, the more they are excited. Hoping the world to burn for self gain, priceless.
1 Like · 3 years · translate
Tempura Fish
I noticed last 2 days the glove stock rise there are no big institution fund inside.
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Simsim Lee
Tempura meaning what? What you trying to say?
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Andy Tan
Worry that MCO2.0 will be implemented, those retailer shift their fund from recovery stock to glove stock. We can noticed that some glove stock jump as much as 28% within one day.
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Tempura Fish
I don't mean anything. We see what happen to glove sector few days later.
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Andy Tan
Ya Tempura, let's see how well glove stock is next coming weeks.
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Andy Tan
@ Jeffrey Chan Genting Berhad business diversify to gaming, hotel, plantation, property, oil and gas, energy and not to miss out life science. Life science Division doing cellularity, DNA research, cancer treatment research and etc. This division keep growing everyyear. Hopefully in near future, this business handsomely giving Genting a fruitful profit. There is pro and con. Multiple interest pose multiple risk for Genting as well.
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Kaiba AA
Cheers everyone. Company fundamental is always intact, goes same to gloves as well. But the value if it, let the market decides on it.
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Jeffrey Chan
@Tan Ghim Huah, agree that diversification is good. Tesla is a good example. However, whether it will grow into a good stock or not is unpredictable as we also know that stock prices are determine by willing buyer and seller. They can grow the counter and reap profits together or proceed for a lose-lose situation by taking profit via scorched earth tactics like how the prices drop to our present level. At the end of the day, no matter how sound the company future prospect for long term investment, you need balls of steel to dig in for the long haul I guess
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1 Like · 3 years · translate