Eddy Khoo's comment on GENM. All Comments

Eddy Khoo
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is the result going to be released today?
Vin Cullen
Next Thursday
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cheng
possible by today too. this week is also the week that GAI will respond back to RAV Bahamas :) Seems like the motion to dismiss RAV Bahamas claims is up to 30 pages :)
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KKG - The food Lover
next week, GenP 1st, GenM most likely going to be removed from KLCI index
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Vin Cullen
Cheng, normally genp will announce qe first just before the day genm qe announce
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cheng
thanks, KKG and Vin. Waiting for the volatility during index funds rebalancing.
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Eddy Khoo
still one more week to go then
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Eddy Khoo
confirmed genting n genm out of klci index. they won't be able to recover 5 billions market capital in just few trading days and it seems that it was planned with the suppression for months.
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cheng
GenM will be out given the high net short positions by the funds/insti. Genting will stay. You can run a quick market cap rule scan at the end of trading day on 25th Nov :) Any index constituent which is outside of top35 will be replaced.
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Vin Cullen
Nowaday Genting performance like shxx... Need to wait for qe... Then only consider..
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cheng
period of low cycle, Vin :) driven by short term disruption to earnings resulted from RWS2.0 upgrades. the high cycle will come when rooms capacity recovers coupled with release of new attractions.
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Eddy Khoo
Cheng, 99 speedmart has higher market capital than genting
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cheng
there are rules for inclusion and exclusion beyond market cap, Eddy. I am not sure whether 99speedmart is meeting all the requirements. Not a concern for me whether 99speedmart is in the list or not.
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cheng
you can refer to the requirements in the link above if index constituents is a factor in your investment decision making, Eddy. Hope it helps.
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