Eddy Khoo's comment on GENTING. All Comments
Eddy Khoo
3 Like · Reply
the only news that can help Genting to reverse trend is the Taurx drug approval. that s all. nothing else
Report
1 week · translate ·
meteng.kangsar kangsar
Agreed.. it’s the last chip
2 Like · 1 week · translate
Yam Fook Wai
If that approved, I think Genting might be top 10 in KLSE...
3 Like · 1 week · translate
Kwong Mingkwei
That’s why so many people go and bought at Rm 5.
1 Like · 1 week · translate
Eddy Khoo
that was when they announced the submission in June 2024. next all the bad news came one by one. Investigation by Las Vegas authority in August 2024, court case by partner for Bimini Resort October 2024, Q4 losses Feb 2025.
Like · 1 week · translate
Eddy Khoo
not forgetting pumping more funds and acquisition of Empire in May 2025. All these negative news caused Genting to drop from around rm4.80 to rm2.80. not forgetting being kicked out from KLCI index and MSCI index. Now, with 2 out of the bad news resolved, but Genting didn't recover at all.
Show more
Like · 1 week · translate
Eddy Khoo
so the safe assumption is only something significant and the difference would be able to reverse the trend and that would be the taurx drug approval. I don't think even with the new York license could reverse the trend as Genting would need to spend many billions for that development.
Show more
Like · 1 week · translate
cheng
agreed that RWNYC full casino license may not be a good deal at all given the on-going legislation for NY online gaming. Will be a different story if RWNYC is given the license for online gaming; significant growth opportunity.
Like · 1 week · translate