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102301416 Private ID: 102301416
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    In 2020, as the shadow of the epidemic enveloped the globe, I made a decision that many considered bold - I resigned from the stable government regional clinic job, and chose to join a private hospital in Kuching, Sarawak as a pharmacist.
    Although the pace of work at the private hospital is quite hectic, the hospital provides quite good benefits to employees in the initial stage. Especially in the first few years, at the year-end, the hospital would give each employee a relatively generous bonus. This extra reward not only serves as recognition for everyone's hard work but also becomes a motivation for us to look forward to the year-end. For me, this is also a completely new experience, considering that during my time as a government civil servant, I never enjoyed similar treatment.
    However, over the past two years, the situation has quietly changed. For some unknown reason, the hospital suddenly stopped the distribution of the year-end bonus, without any prior notice or explanation. This unexpected turn of events caught many medical staff off guard, and raised significant complaints and dissatisfaction. Especially for colleagues with lower incomes, the year-end bonus is not just a reward, but also an important source of income used to cover household expenses each year.
    The cancellation of the year-end bonuses undoubtedly increases the financial pressure on many families. Under the impact of the epidemic, the cost of living continues to rise, while salary increases have not shown significant improvement. The cancellation of the year-end bonuses adds insult to injury. Many colleagues have started to feel disappointed in the hospital's decisions, and a atmosphere of complaints is gradually spreading among medical staff. Although most people still hold their positions, the evident emotional downturn is undeniable.
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    2024-Stock Dividend Investment (Year One)
    2024-Stock Dividend Investment (Year One)
    2024-Stock Dividend Investment (Year One)
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    $GENM (4715.MY)$ Don't sell for 'peanut' profits as the run-up to Lunar New Year is going to be very auspicious.
    #GENM rides to the
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    102301416 commented on
    $CAPITALA (5099.MY)$ How much will it rise today?
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    The day after tomorrow is this company. $CAPITALA (5099.MY)$ It is bullish for the company's financial reporting season now.
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    $GENM (4715.MY)$ Good performance means success.
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    102301416 liked and commented on
    $GENM (4715.MY)$ invest into this stock need patient.....hope it will break RM 3 by end of the year. otherwise just patiently collecting dividend. average above 5% p.a.. actually is not that bad
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    $GENM (4715.MY)$ Driven by a significant increase in tourist numbers, Genting Malaysia Berhad (GENM) expects an improvement in the quarterly performance for the second quarter of 2024. Boosted by strong tourism data, the company's Malaysian operations are forecasted to achieve quarter-on-quarter and year-on-year growth. Recent data shows that Malaysia welcomed 6 million tourists in the second quarter of 2024, a 26% increase from the same period last year and a 3% increase from the previous quarter. This growth includes a noticeable rebound in Chinese tourists, with the number reaching 0.69 million, compared to 0.32 million in the fourth quarter of 2023. Additionally, the number of tourists from Singapore, Indonesia, and India increased by 10%, 25%, and 87% respectively.
    Analysts emphasize that GENM is a top investment choice for those looking to profit from the rebound in the tourism industry and have given it a buy rating. The current PE ratio is 13.0 times, with a dividend yield of about 6-7%. GENM's valuation is considered attractive. Analysts expect that the improvement in economic activities and the continued recovery of the tourism industry will continue to support GENM's profit growth throughout the entire 24 fiscal year. The company's business in the USA also shows positive signs, with the latest quarter's gambling revenue increasing by 3.1% year-on-year.
    It is expected that Malaysia's economic conditions will continue to be favorable for further growth in the remaining period of 2024. Government initiatives, including providing cash to low-income families and from 2025...
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    Genting went to China and Indonesia to develop energy
    $GENM (4715.MY)$
    $Genting Sing (G13.SG)$
    $GENTING (3182.MY)$Genting today announced two energy investment projects in Indonesia and China respectively, with a total investment amount of around RM4.8 billion.
    First, Genting will issue an offshore floating liquefied natural gas production facility (FLNG) construction project contract to China's Wison Group (Wison) through its subsidiary Genting Energy, worth 962.8 million US dollars (approximately RM4.53 billion). After adding reimbursable expenses, the value can exceed 1 billion US dollars.
    At the same time, Genting also reached an agreement with China Jineng International Energy through its subsidiary to spend 100 million yuan (about RM65 million) to acquire 49% of SDIC Jineng (Zhoushan) Gas Power Co., Ltd., and then signed an intentional agreement with the Chinese state-owned enterprise SDIC Electric Power to invest about 328 million yuan (approximately RM210 million) to cooperate in the development of 2 gas power plants around Shanghai.
    The FLNG project is located in West Papua
    Genting President, Chief Operating Officer and Executive Director Dato' Sri Chen Guanghan pointed out at today's press conference that the offshore FLNG project will be located in Indonesia's West Papua province and can produce 1.2 million liquefied natural gas per year to supply the regional market.
    “Based on the current high oil and gas prices, this project is estimated to contribute 1.3 billion US dollars to Genting (about 61,700 million...
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    Join hands with Chinese enterprises and invest 4.8 billion in Genting to develop energy in China and Indonesia
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    $GENM (4715.MY)$ has recently announced the issuance of medium-term notes (MTN) with a nominal value of RM400mil. This includes tranche one of the fifth issuance under the RM5bil MTN program worth RM300mil and tranche one of the third issuance under the RM3bil MTN program worth RM100mil.
    From the announcement, the raised capital would be used for operating expenses, capital expenditure, investment, refinancing, working capital requirements, and...
    Genting Malaysia Berhad - Issuance of RM400mil Notes
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