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$YZJ Shipbldg SGD (BS6.SG)$ crazy trump. He thought a ship building business is created in 1-2 years? the workers need specialised skills. in additional the cost of building a ship in usa is 2-3x that of south korea and china, how do you compete?
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$GENM (4715.MY)$ Hasn't everyone noticed that this is also an Industry in decline? Young people now speculate on cryptocurrency more than they gamble, just like now 80% of young people no longer use Facebook, many have switched to X, Instagram, TikTok, etc. Only some older uncles and aunts are left helping Genting earn money.
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$NATGATE (0270.MY)$ i dont see how the export controls to china involve Natgate. Most of the sales is in malaysia 2.1B.

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$GENM (4715.MY)$ The pension fund should have been liquidated, making it look like a bankrupt company.
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The quarterly performance turned red, and the key figure, Tan Sri Lim Kok Thay, has left the management team. $GENTING (3182.MY)$ Genting and $GENM (4715.MY)$ Genting Malaysia's stock price suffered a double blow today, with the Market Cap of the duo evaporating by more than 3.3 billion Ringgit overnight!
Genting (GENTING) saw a drop of nearly 12%, while Genting Malaysia (GENM) experienced a more severe decline, plunging by as much as 16%.
Due to adverse Forex conditions and the weakening of Leisure and Entertainment business, Genting and Genting Malaysia both turned from profit to loss by the end of the 2024 fiscal year (as of December), with net losses of 0.1 billion Ringgit and 0.4 billion Ringgit respectively.
At the same time, Genting also announced several personnel changes, including Tan Sri Lim Kok Thay stepping down as CEO after nearly 20 years in the position to become Executive Chairman.
Meanwhile, President, COO, and Executive Director Dato' Sri Chen Guanghan will assume the role of CEO, effective from March 1.
Chen Guanghan will also step down from the position of CEO of Genting Plantations. $GENP (2291.MY)$ The CEO position will be taken over by the current Deputy CEO Dato' Indra Lin Konghui, also effective from March 1.
Lin Gonghui is the eldest son of Lin Guotai.
Source: Nanyang Siang Pau
Disclaimer: This content is for reference and educational purposes only and does not constitute any specific investment, investment strategies, or endorsements. Readers should assume any risks and responsibilities that may arise from relying on this content. Before making any investment decisions, it is essential to ...
Genting (GENTING) saw a drop of nearly 12%, while Genting Malaysia (GENM) experienced a more severe decline, plunging by as much as 16%.
Due to adverse Forex conditions and the weakening of Leisure and Entertainment business, Genting and Genting Malaysia both turned from profit to loss by the end of the 2024 fiscal year (as of December), with net losses of 0.1 billion Ringgit and 0.4 billion Ringgit respectively.
At the same time, Genting also announced several personnel changes, including Tan Sri Lim Kok Thay stepping down as CEO after nearly 20 years in the position to become Executive Chairman.
Meanwhile, President, COO, and Executive Director Dato' Sri Chen Guanghan will assume the role of CEO, effective from March 1.
Chen Guanghan will also step down from the position of CEO of Genting Plantations. $GENP (2291.MY)$ The CEO position will be taken over by the current Deputy CEO Dato' Indra Lin Konghui, also effective from March 1.
Lin Gonghui is the eldest son of Lin Guotai.
Source: Nanyang Siang Pau
Disclaimer: This content is for reference and educational purposes only and does not constitute any specific investment, investment strategies, or endorsements. Readers should assume any risks and responsibilities that may arise from relying on this content. Before making any investment decisions, it is essential to ...
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$GENM (4715.MY)$ We are getting the biggest scam ever
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$YZJ Shipbldg SGD (BS6.SG)$ I have invested a bit more, worried that it will rise too quickly later, making it hard to keep up, and also lowering the average value. It's already quite worthwhile now; earning dividends while holding is also good. The impact from the USA is actually not significant; it's just a matter of operation.
Every crisis is a big business opportunity. If I had dared to enter during the pandemic, I would be taking a helicopter now 🥰🥰🥰.
Just like Seatrium a year ago, every time someone predicted its downfall, I said it would definitely not collapse, and in the end, I actually made quite a bit of profit.
While others are afraid, I am greedy.
When a narrow road is encountered, the brave will win.
Every crisis is a big business opportunity. If I had dared to enter during the pandemic, I would be taking a helicopter now 🥰🥰🥰.
Just like Seatrium a year ago, every time someone predicted its downfall, I said it would definitely not collapse, and in the end, I actually made quite a bit of profit.
While others are afraid, I am greedy.
When a narrow road is encountered, the brave will win.
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