Wah, who can swallow Genting Malaysia?

but by right if big investor plan to takeover, the price should not keep on drop.

DOn't worry ...GENM still strong

ya agree with you. price should shoot up.

If i'm an investor why would I takeover a company where the prices have been speculated to feverish heights?

i thk the major share still holding by genting or Tan Sri Lim Kok Thay, if someone wish to take over genting malaysia, i dont thk they can quietly accumulately share from open market. they should offer a better price in order to take over.

i manyak suka this share

Genting M is fighting to the price it should be ? Rare to see it gets green while Genting gets red. I bet handsome dividend is coming for the sake of Genting.

I think so, fighting its way up. It is rather undervalued considering its large revenue, profits and stuff.
Changing of fortunes.

Touches RM2.91 today.
Hope it can break RM3 in near future.

any good news coming or?? even mother share genting and sister share gens also in red, but genm always in great position

ya.. any good news on it

Genting and GEns down already good news, they down GENM will up, while they up GENM will down

No great news on GENM but i think it has been a laggard of all the bluechips in the recent KLCI rally.
It share price has been underperformed, should worth >RM3 at least.
Maybe due to competitive risk from GENS and no big dividend eventhough with big cash reserve.

GENM is under value!!! it should be rm3 for sure!!
Very strong today!!

yeah-yeah....
its real name is GEM-ting Malaysia....

And the most important thing is they got a lot of cash right now

the thing is what will they do on this cashpiles

1. Special Dividend? Not likely i think

2. Acquisition?

3. Funding to genting sentosa?

I think this is the reason why the stock still undervalue as ppl still don know what will resorts do for their cash yet.

This post has been edited by darkknight81: Nov 18 2009, 08:22 AM

wow, sudden surge to 2.93, this is it....
Coming.....

come come genm!!!!!!!!!!!go up up

Genting Malaysia can't fund Genting Sentosa directly. Sentosa Island is controlled by Genting Singapore.

The group Structure is:

Genting Berhad holds stake in Genting Malaysia and Genting Singapore(55%).

The only way Genting Malaysia can fund Genting Singapore is via below:
Genting Malaysia can declare special dividend to unlock the 4billion cash and this would mean Genting Berhad would have some chunk of the dividends. With the cash, Genting Berhad can fund the Genting Singapore via related company transaction. This can be done by issuing bonds or intra-company loan. However, it is unlikely Genting Berhad will opt for this, reason:

1. When Genting Malaysia declare special dividend, all the shareholders (you,me, investors) will get a portion of it.

2. It would dampened future growth of Genting Malaysia.

3. Company will always try to stay away from related company transactions as it will draw attention due to the nature of conflict of interests.

So,it remain to be seen what GenM will do wit its RM4 billion of cash..acquisition is most likely...

This post has been edited by andrewckj: Nov 25 2009, 04:45 PM