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 Genting Malaysia, Resorts World

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sharesa
post Apr 3 2008, 09:54 PM

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QUOTE(tkwfriend @ Apr 3 2008, 08:32 PM)
the problem now is that i do not have account in singapore. i want it no matter what. just how to deal with . i am don't have OSK acc
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You should call your broker to check as there are various options for you to purchase the GIPLC shares.

one of the option :
is to open a sub-account with your local broker (throught their arrangements with Singapore brokers) & have your Offer Shares credited in

another option:
you can choose to have your offer shares credited into a sub-account maintained by CIMB Nominees.
Means you have to open a securities trading account with CIMB

its really a good offer anyway but don't forget to ask about the hidden charges involved

This post has been edited by sharesa: Apr 3 2008, 09:55 PM
sharesa
post Jun 25 2008, 12:09 PM

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QUOTE(smile93 @ Jun 25 2008, 11:32 AM)
Resort is still down now. Rm2.80 only.
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high time for them to change the dividend policy.
Wake up Mr Lim! Foreigners are selling off your shares! shakehead.gif
sharesa
post Jun 26 2008, 11:48 AM

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QUOTE(Neo18 @ Jun 26 2008, 10:54 AM)
Guys,

May i know what is RESORT  dividend % if the price is @RM2.8 estimated for year 2008?
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about 2.5%
sharesa
post Nov 13 2009, 11:23 PM

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QUOTE(rayloo @ Nov 13 2009, 05:02 PM)
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.
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I think so, fighting its way up. It is rather undervalued considering its large revenue, profits and stuff.
Changing of fortunes.
sharesa
post Nov 17 2009, 10:20 PM

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QUOTE(zenstone @ Nov 17 2009, 07:22 PM)
GENM is under value!!! it should be rm3 for sure!!
Very strong today!!
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yeah-yeah.... drool.gif drool.gif
its real name is GEM-ting Malaysia....
sharesa
post Jan 23 2010, 11:08 PM

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QUOTE(mok thye yee @ Jan 23 2010, 10:54 PM)
This analyst report is just like rubbish....

The problem why GenM valuation is very lag is becoz of the lousy RPTs.

to make thing worst, the mgmt / owner holding the large cash pile without having any idea wat to do except buying some financial instrement........

couple with poor div yield, there is no any upside catalyst.

May be our PM sud windfall tax GenM, to boost up the govt coffer, instead of charge us RM 50 for credit card.
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Me too very disappointed with their selfish management style. It was already shown in their AGM.
Give you a simple example:
2 years back attended their AGM in a hotel in Jalan Sultan Ismail.
Many minority holders especially old people attended the meeting. One of the old people requested Lim Cock-tail to waive the $8 parking charges, but his reply was : "economy is bad, have to be prudent in spending, shareholders can use their money received from dividends to pay the parking charges."( doh.gif )
Already 1 year away from financial crisis, but their share price is still in crisis..... vmad.gif

This post has been edited by sharesa: Jan 23 2010, 11:09 PM
sharesa
post Jan 23 2010, 11:39 PM

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QUOTE(rayloo @ Jan 23 2010, 11:31 PM)
Or maybe someday he might accidentally hit his head and change his style, by turning GenM into high dividend yielding stock the way how the pile of cash is spent.
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Sounds like a good idea. laugh.gif please get a hard knock on the head.
Anyway, I think his late father was better in handling the company.
Recently, analysts from many research houses beh-tahan with the way the company's money is handled and downgraded its target price.
When this Lim noticed all that, he quickly mentioned about a "maybe special dividend".
But this special dividend thingy was not published at all in the news. It was only shown as a small headline in Maybank trading portal news.
I feel that even there is a special dividend, could be just 10 cents. Hope I'm wrong.

This post has been edited by sharesa: Jan 23 2010, 11:40 PM
sharesa
post Jan 23 2010, 11:49 PM

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I recall during the AGM and stood up at the microphone and asked,"why not consider giving more dividends to attract investors and boost the share price?"
The Cock-tail looked at my face with slight surprised look and answered," need to keep the cash pile and look-out for a good purchase".
Haiyo.... sudah 2 years already.
sharesa
post Jan 24 2010, 10:05 PM

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QUOTE(mok thye yee @ Jan 24 2010, 07:53 PM)
Actually there is nothing wrong for controlling shareholder to hv their own business. SC dun banned that....

The problem is when his investment fail and loose money, he used GenM to buy over, and make it such a way that no need to go thru' voting by the minority.

He sud distribute all the 5 billion from GenM, and the lim family will be getting the big chunks anyway, than he can use his portion to do anything he likes.
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Agree!! rolleyes.gif

This post has been edited by sharesa: Jan 24 2010, 10:28 PM
sharesa
post May 26 2010, 11:43 PM

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I read today about their RPT(related party transaction) transaction which involves a call option cancellation, to which I assume should be a good news for GenM, as it doesn't need to fork out millions of USD to acquire such a company.
Maybe some investors misread it as a weakness, but I think its good that they drop the purchase.
sharesa
post Jun 2 2010, 08:27 PM

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GENM by Alex Lu

 

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