one 180k sell 22.00 suddenly chickened out, vanished.

Too late liao.
Bursa suspend 2 days mean
Wed and Thursday freeze at rm1.05

1st day jump from 40 plus cent ..limit up 30cent
Trade Volume 1.1 million only

2nd day ....limit up 30cents again.
Trade Volume 3.1million only

Tomorrow and Thursday Freeze price at RM1.05

So..Margin and Contra Player will need to do settlement.
Settlement at RM1.05

my question is if there is not enough seller ....how to settle?

harimau bangkit now. lol. hope back to normal soon

HLB and HLFG continue rising... Do syndicate traders also included HLB and HLFG in the list now??

Some of the forumers here have turned their attention to banking stocks and gaming stocks which have been battered down recently.

Some other stocks which could be of interest are HEIM and Carlsberg. These stocks have been battered down about 7% to 16% over the past 3 months. Their recovery is expected in 2021.

Many moons ago, I also wrote that BAT may be worth looking into once it drops to RM10. Well, it is trading at RM10.20 now. 

Are these sin stocks worth a punt now?

Just received some info about gloves, not sure true or not. For those not trading based on rumours, then dun open better.



Again, true or not i duno 

Boom up or boom down?

for the TG holders, will you dispose after split?

Assuming no additional factors, it won't boom up and down. Stay flat.

KUALA LUMPUR: Financially ailing Genting Hong Kong (GENHK) should be able to raise enough funds from the investment community, ruling out any need for other entities in the Genting group to bail it out, according to UOB Kay Hian Malaysia Research.

In its report issued on Wednesday, the research house said GENHK’s results briefing provides reasonably good assurances that it can raise sufficient capital from the investment community.

UOBK said the briefing had dismissed investor misgivings that other listed entities in the Genting group may need to bail out GENHK.

“Re-rating catalysts abound for Genting and Genting Malaysia, eg GENHK achieving various capital-raising milestones and a Covid-19 vaccine discovery. Maintain market weight on the sector with Genting promising the sharpest near-term rebound, ” it said.

UOBK said Genting Bhd and GentingM share prices have fallen 8.7% and 2.2% respectively since Aug 20 when GENHK temporarily suspended all payments to the group’s creditors, thus triggering concerns of GENHK’s solvency and investor misgivings of GENHK’s sister listed companies of needing to directly or indirectly bailing out the Lim Family.

“Such misgivings have been directed at the Malaysia listcos (in contrast, Genting Singapore (GENS) share price has eased only 0.7% over the same period), particularly GentingM which had bought a 49% stake in US casino operator Empire Resorts from the Lim family.

“The larger fall in Genting’s share price may be reflecting investor concerns of margin calls to the Lim family which has increased its share margin pledge (to about 32% of the controlling block in 2019 from less than 10% in 2018, ” it said.

UOBKH said such investor misgivings on bailouts and margin calls are unsubstantiated.

GentingM’s stake acquisition of Empire Resorts was a relatively smaller bet on an entity which was making a turnaround (until Covid-19 hit).

However, it said GENHK should be able to secure fresh capital from private equity investors, including pension funds, with its appeal of having a unique presence in the Asian cruise business, including its ownership of luxury cruise liner Crystal Cruise.

It added GENHK’s German shipyard should be able to secure funding from Germany’s Covid-19 relief fund (Economic Stabilisation Funds).

UOBKH said noted GENHK bankers’ agreement to a 12-month moratorium on principal debt repayment.

“The asset values of GENHK’s cruise ships and PPE (US$5.8b) are significantly more than gross debt of US$3.2bil, ” it said.

The research house also said GENHK management is confident of securing sufficient capital to fulfill its US$200.4mil financial obligations scheduled to be repayable within the next 12 months.

This is supported by its existing cash position of US$397.5mil and proposed raising of fresh capital from sovereign funds and private equity firms.

“Coupled with aggressive cost cuts (staff and haircut reduction) and short-term suspension of capex (excluding cruise maintenance), we deem GENHK should be spared from bankruptcy or default of its US$2.9b net debt and have adequate cash flow to maintain its current operating cash outflow (1H20: US$252m), ” it said

UOBKH also said GENHK have resumed one of its cruise lines to Taiwan in July, where occupancy rate has recovered progressively from 50% to about 96% on the August cruises.

“This further reiterates our view that the cruise operation is recovering gradually and has achieved EBITDA breakeven at current occupancy level, given its more efficient cost structure where cost per capacity day has fallen by one-third from July cruises with new staffing and service standards.

“While GENHK’s debt obligations are ring-fenced to only its assets (for example, cruise ships), there shall not be any form of guarantee or collateral from sister listcos in its restructuring or fund raising plans.

“Management has also reaffirmed that there is no plan for Genting, GentingM or GentingS to inject liquidity or bail out GENHK as GENHK can stay afloat by securing funding from and negotiations with external creditors, ” it said.

Topkek. From me asking u one question become u didn't answer my question and instead asking me so many questions.

If dun wan ans, then go straight to the point. Dun waste ppl time.

Dont sell too soon, bro.

TG and Supermax QR will be out on 17/9 watch 15:08

Also, be careful NOT to sell straight away a day after ex-, actual distribution of 2 bonus issue is actually on 7/9, watch 15:45

Kesian, dun dare to answer own comment, and wan beat around the bush to dig out what ppl think.

We here all adults, just be a man and ask if u wan to know, and more importantly, be man enough to clarify it own comment.