Hi I got it from newspaper. If to get it from gov, i believe it will take some time to finalize the data to publish as a report www.thestar.com.my/news/nation/2023/12/03/malaysia-records-26-million-tourist-arrivals-from-jan-1-to-nov-15-says-ministry
Thank you for sharing. When injecting capital, how are the preference shares valued? In your view is the valuation fair to GENM? What are the benefits for GENM in getting preference shares rather than ordinary shares?
@jamesu6241 That's a good question. In terms of the valuation, based on my research and readings there is no clear information on exactly how it reach to the current valuation, but probably there is activity around valuing Empire Resort, as a listed company, everything will be black and white. In terms of preference shares, definitely comes with benefits, you get priority in an event of liquidation. However, in my opinion if their holdings really reach to 89%+, it doesn't really matter if its ordinary share/preference share at this point.
@@-lxinvest1658 Thank you for your reply. Yes, preference shares rank higher in liquidation. Currently GENM only holds 49% ordinary shares. It will expand into 89% when all the preference shares are converted, which is in year 203X. Correct me if I'm wrong, in a hypothetical case where there is difference in opinions between Kien Hunt and GENM (although the latter is also indirectly controlled by Kien Huat), Kien Hunt still calls the shot. I wonder whether that is also the motive of raising capital via preference shares in order to keep the 51% control.
@@jamesu6241 You are right, the company is still indirectly controlled by Kien Huat Realty via these exercises which seems like the reason why they do this. Personally, I do see the pros and cons of this. The pros: Is better to leave the decision power to people who know this business well? The cons: Why would they want to remain the control? Is there something else going on that we are not seeing?
@@-lxinvest1658 By normal measures, GENM or GENT are deeply undervalued. However the lack of transparency and Kien Huat's past practices put off institutions investors. If institutions are not enthusiatic, the valuation can remain depressed for a long time despite improved business performances.
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想要获取Mplus Simpang Ampat Jia Jia开股票交易户口
可以点击下方链接哦
forms.gle/kZarvSECfyHDkGwD9
可以说说genting berhad吗？
hi can i check how you obtain the total number of visitor by country for YTD Nov 2023? it is not from the GENM website right?
Hi I got it from newspaper. If to get it from gov, i believe it will take some time to finalize the data to publish as a report
www.thestar.com.my/news/nation/2023/12/03/malaysia-records-26-million-tourist-arrivals-from-jan-1-to-nov-15-says-ministry
很有兴趣听你分析genting berhad！😊
Thank you for sharing. When injecting capital, how are the preference shares valued? In your view is the valuation fair to GENM? What are the benefits for GENM in getting preference shares rather than ordinary shares?
@jamesu6241 That's a good question. In terms of the valuation, based on my research and readings there is no clear information on exactly how it reach to the current valuation, but probably there is activity around valuing Empire Resort, as a listed company, everything will be black and white. In terms of preference shares, definitely comes with benefits, you get priority in an event of liquidation. However, in my opinion if their holdings really reach to 89%+, it doesn't really matter if its ordinary share/preference share at this point.
@@-lxinvest1658 Thank you for your reply. Yes, preference shares rank higher in liquidation. Currently GENM only holds 49% ordinary shares. It will expand into 89% when all the preference shares are converted, which is in year 203X. Correct me if I'm wrong, in a hypothetical case where there is difference in opinions between Kien Hunt and GENM (although the latter is also indirectly controlled by Kien Huat), Kien Hunt still calls the shot. I wonder whether that is also the motive of raising capital via preference shares in order to keep the 51% control.
@@jamesu6241 You are right, the company is still indirectly controlled by Kien Huat Realty via these exercises which seems like the reason why they do this.
Personally, I do see the pros and cons of this.
The pros: Is better to leave the decision power to people who know this business well?
The cons: Why would they want to remain the control? Is there something else going on that we are not seeing?
@@-lxinvest1658 By normal measures, GENM or GENT are deeply undervalued. However the lack of transparency and Kien Huat's past practices put off institutions investors. If institutions are not enthusiatic, the valuation can remain depressed for a long time despite improved business performances.
wanna know more about Genting Bhd
Thanks for letting me know!
为何Kien Huat 不自己认购？骚操作
无低黑洞，永远填不完
谢谢分享！
大股东骚操作，当❤
As long as GENM doesnt cut the dividend payout, just hold haha
Thanks for sharing!
Why not ?still got profit company same you invest short term cannot see . Long time still is improve
Thanks for sharing!
Don't imagine too much on future growth
分析不全面。。🙈
其實大馬雲頂的業績已經恢復到pre covid，還高過2019年 ，可惜營利不是。。主要是tax structure 和利息已經改變。。，🙈
谢谢指点与提出意见👍
赞赞赞
谢谢支持！
算不算洗洗洗，洗什么？
没有谈到一亿美金的投资， 帝国的估值是不是合理。 差评！
👍👍👍
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