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rocksolid Member	26-Jun-2024 19:55        rocksolid About Contact  Quote this Post!
x 0   x 0  Alert Admin	I attribute this to lack of knowledge and typical Asian culture. Most shareholders are quiet and obedient (typical Asian culture). Directors are appointed by shareholders to run the business in our interests, not in their (Directors') interests of high directors' remuneration. Most directors do NOT even own shares of the business they are running (what a joke haha). There are examples in America where minority shareholders collectively effect the management policy and decision. As long we voice out and let them know they are our "stewards", there will be some impact. Unless they think they are capable like Berkshire Hathaway in which they can compound the earnings by not distributing dividends, then that is a different matter. But of course, if they have the right reason for not increasing the dividend in which it will lead to higher earnings (higher than current interest environment), then it is justifiable. Goldfinger      ( Date: 26-Jun-2024 18:41) Posted: More important to go to the AGM and voice out to Mr Lim in his face in front of thousands of people and analysts.  Write email, no use. rocksolid      ( Date: 26-Jun-2024 13:24) Posted: Maybe you too can express your thoughts by writing an email to them ([email protected]) too. I'm sure when there are a significant number of shareholders voicing out, management will do something. A single wooden stick is brittle and fragile whereas a bunch of sticks bundled together is almost unbreakable. I'm a businessman, I know that. When one investor makes noise, I hardly hear him or her. When a lot of them make noise, I have no choice but to hear them out. It is always like this.
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n3wbie Elite	26-Jun-2024 19:46        n3wbie About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Most companies just deal with the AGM day and move on but it really needs to be beyond a one-day affair if there is a push for greater shareholder value creation. Great Eastern is a good e.g. where there was sufficient retail noise over the months and that catalyzed the action from OCBC with the offer  rocksolid      ( Date: 26-Jun-2024 19:37) Posted: I would love to. But the fact is AGM is an annual affair and the next one is next year. Do you have any other suggestions where shareholders can voice out? Thanks for sharing if you have. Goldfinger      ( Date: 26-Jun-2024 18:41) Posted: More important to go to the AGM and voice out to Mr Lim in his face in front of thousands of people and analysts.  Write email, no use.
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rocksolid Member	26-Jun-2024 19:37        rocksolid About Contact  Quote this Post!
x 0   x 0  Alert Admin	I would love to. But the fact is AGM is an annual affair and the next one is next year. Do you have any other suggestions where shareholders can voice out? Thanks for sharing if you have. Goldfinger      ( Date: 26-Jun-2024 18:41) Posted: More important to go to the AGM and voice out to Mr Lim in his face in front of thousands of people and analysts.  Write email, no use. rocksolid      ( Date: 26-Jun-2024 13:24) Posted: Maybe you too can express your thoughts by writing an email to them ([email protected]) too. I'm sure when there are a significant number of shareholders voicing out, management will do something. A single wooden stick is brittle and fragile whereas a bunch of sticks bundled together is almost unbreakable. I'm a businessman, I know that. When one investor makes noise, I hardly hear him or her. When a lot of them make noise, I have no choice but to hear them out. It is always like this.
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Goldfinger Supreme	26-Jun-2024 18:41        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	More important to go to the AGM and voice out to Mr Lim in his face in front of thousands of people and analysts.  Write email, no use. rocksolid      ( Date: 26-Jun-2024 13:24) Posted: Maybe you too can express your thoughts by writing an email to them ([email protected]) too. I'm sure when there are a significant number of shareholders voicing out, management will do something. A single wooden stick is brittle and fragile whereas a bunch of sticks bundled together is almost unbreakable. I'm a businessman, I know that. When one investor makes noise, I hardly hear him or her. When a lot of them make noise, I have no choice but to hear them out. It is always like this. pursuer76      ( Date: 26-Jun-2024 13:10) Posted: I am cognizant. But without BBs support, the short covering at this juncture won' t be able to propel the price above $1. Thus, it is paramount that Genting increase the dividend in light of their massive profits. The increase will bring in more investors. Thus, more $$$ for Genting to fund their expansion without having to loan
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Goldfinger Supreme	26-Jun-2024 18:39        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	There is probably a deep set market impression that supporting minority shareholder interest is not a priority at all for the company, nor do they really care about the poor performing share prices.  Paying higher dividends are also not a priority - and suggests that paying Directors and Management well is a priority instead, or at least this is what the market may be thinking. rocksolid      ( Date: 26-Jun-2024 17:30) Posted: The Chairman, Mr Lim Kok Thay, himself owns around 52% of the business. He has more to lose than us and vice versa (more to gain than us too). I think when we shareholders (you and me) collectively raise up the matter of raising dividend payout and or SBB (COLLECTIVELY I emphasised again), the management will have to listen to us. Otherwise, they must give us their valid reasons why so and we then need to make our own judgment. Because end of the day, shareholders are the ultimate owners of the business itself, not the directors. The management (ie directors) are people running for us. I urge everyone to write to them at [email protected] pursuer76      ( Date: 26-Jun-2024 13:10) Posted: I am cognizant. But without BBs support, the short covering at this juncture won' t be able to propel the price above $1. Thus, it is paramount that Genting increase the dividend in light of their massive profits. The increase will bring in more investors. Thus, more $$$ for Genting to fund their expansion without having to loan
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rocksolid Member	26-Jun-2024 17:30        rocksolid About Contact  Quote this Post!
x 0   x 0  Alert Admin	The Chairman, Mr Lim Kok Thay, himself owns around 52% of the business. He has more to lose than us and vice versa (more to gain than us too). I think when we shareholders (you and me) collectively raise up the matter of raising dividend payout and or SBB (COLLECTIVELY I emphasised again), the management will have to listen to us. Otherwise, they must give us their valid reasons why so and we then need to make our own judgment. Because end of the day, shareholders are the ultimate owners of the business itself, not the directors. The management (ie directors) are people running for us. I urge everyone to write to them at [email protected] pursuer76      ( Date: 26-Jun-2024 13:10) Posted: I am cognizant. But without BBs support, the short covering at this juncture won' t be able to propel the price above $1. Thus, it is paramount that Genting increase the dividend in light of their massive profits. The increase will bring in more investors. Thus, more $$$ for Genting to fund their expansion without having to loan. rocksolid      ( Date: 25-Jun-2024 18:17) Posted: When you decipher the data, you can see that majority volume are still buyers ie you take the daily sell volume and subtract the short-sell volume. Take this figure and compare with the daily buy volume, and you'll see that end of the day the net result is buyer's volume greater than seller's volume. The reason I subtract short-sell volume is to have an idea of real seller's volume. When you do this, you can see much clearer and sleep soundly at night.
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Mark001 Veteran	26-Jun-2024 17:24        Mark001 About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	Your sample may be right . It also depend on the time of bidding and asking. JessTrang      ( Date: 26-Jun-2024 17:00) Posted: Thanks Mark, I understand what you have said. But sometimes these figures aren' t genuine. example, 5mil shares dump to 4mil buy queue. By right it would be 4mil sold to buyer, but at times it was show as 2mil each bought from seller and sold to buyer with the balance 1mil at sell queue.  Mark001      ( Date: 26-Jun-2024 16:49) Posted: Hi, as for buy and sell volume, what Rocksolid explained is correct. simple to say: buy volume=trade by ASK price, Sell Volume=trade by BID price
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rocksolid Member	26-Jun-2024 17:15        rocksolid About Contact  Quote this Post!
x 0   x 0  Alert Admin	Based on my experience, most brokerages have a cap quantity for each buy or sell transaction either at 500,000 or 1mil shares. Therefore if you sell a huge quantity, it will go down and eat into the lower buy queues and sometimes resulting in your orders becoming in the sell queue for people to buy up, thus becoming what you mentioned. Long story short, end of the day the numbers reflected are correct. JessTrang      ( Date: 26-Jun-2024 17:00) Posted: Thanks Mark, I understand what you have said. But sometimes these figures aren' t genuine. example, 5mil shares dump to 4mil buy queue. By right it would be 4mil sold to buyer, but at times it was show as 2mil each bought from seller and sold to buyer with the balance 1mil at sell queue.  Mark001      ( Date: 26-Jun-2024 16:49) Posted: Hi, as for buy and sell volume, what Rocksolid explained is correct. simple to say: buy volume=trade by ASK price, Sell Volume=trade by BID price
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JessTrang Veteran	26-Jun-2024 17:00        JessTrang About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks Mark, I understand what you have said. But sometimes these figures aren' t genuine. example, 5mil shares dump to 4mil buy queue. By right it would be 4mil sold to buyer, but at times it was show as 2mil each bought from seller and sold to buyer with the balance 1mil at sell queue.  Mark001      ( Date: 26-Jun-2024 16:49) Posted: Hi, as for buy and sell volume, what Rocksolid explained is correct. simple to say: buy volume=trade by ASK price, Sell Volume=trade by BID price. JessTrang      ( Date: 26-Jun-2024 16:31) Posted: Bro, correct me if I' m wrong. This is what i have noticed ages ago. sometimes, when a seller dump shares to buy queue, it would be reflected as bought from seller and not sold to buyer, also when a buyer buy up from seller, it was shown as sold to buyer and not bought from seller..
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Mark001 Veteran	26-Jun-2024 16:49        Mark001 About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	Hi, as for buy and sell volume, what Rocksolid explained is correct. simple to say: buy volume=trade by ASK price, Sell Volume=trade by BID price. JessTrang      ( Date: 26-Jun-2024 16:31) Posted: Bro, correct me if I' m wrong. This is what i have noticed ages ago. sometimes, when a seller dump shares to buy queue, it would be reflected as bought from seller and not sold to buyer, also when a buyer buy up from seller, it was shown as sold to buyer and not bought from seller... rocksolid      ( Date: 25-Jun-2024 18:17) Posted: When you decipher the data, you can see that majority volume are still buyers ie you take the daily sell volume and subtract the short-sell volume. Take this figure and compare with the daily buy volume, and you'll see that end of the day the net result is buyer's volume greater than seller's volume. The reason I subtract short-sell volume is to have an idea of real seller's volume. When you do this, you can see much clearer and sleep soundly at night.
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JessTrang Veteran	26-Jun-2024 16:34        JessTrang About Contact  Quote this Post!
x 0   x 0  Alert Admin	Both instances were when someone transacted huge volumes. Normally if small amount, then it would show bought from seller if i buy from sell queue, and sold to buyer if i sell to buy queue.. JessTrang      ( Date: 26-Jun-2024 16:31) Posted: Bro, correct me if I' m wrong. This is what i have noticed ages ago. sometimes, when a seller dump shares to buy queue, it would be reflected as bought from seller and not sold to buyer, also when a buyer buy up from seller, it was shown as sold to buyer and not bought from seller... rocksolid      ( Date: 25-Jun-2024 18:17) Posted: When you decipher the data, you can see that majority volume are still buyers ie you take the daily sell volume and subtract the short-sell volume. Take this figure and compare with the daily buy volume, and you'll see that end of the day the net result is buyer's volume greater than seller's volume. The reason I subtract short-sell volume is to have an idea of real seller's volume. When you do this, you can see much clearer and sleep soundly at night.
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JessTrang Veteran	26-Jun-2024 16:31        JessTrang About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bro, correct me if I' m wrong. This is what i have noticed ages ago. sometimes, when a seller dump shares to buy queue, it would be reflected as bought from seller and not sold to buyer, also when a buyer buy up from seller, it was shown as sold to buyer and not bought from seller... rocksolid      ( Date: 25-Jun-2024 18:17) Posted: When you decipher the data, you can see that majority volume are still buyers ie you take the daily sell volume and subtract the short-sell volume. Take this figure and compare with the daily buy volume, and you'll see that end of the day the net result is buyer's volume greater than seller's volume. The reason I subtract short-sell volume is to have an idea of real seller's volume. When you do this, you can see much clearer and sleep soundly at night. rocksolid      ( Date: 25-Jun-2024 17:49) Posted: Yes they did. Apparently one voice insufficient. Anyway what I'm going to say now only the businessmen will understand. A great majority of businesses (ie companies) have debts. Businesses with no debts are rare because no debts mean literally it cannot go under water. Genting Singapore is one business with no debt. It is like a "cash generating machine" if you know what I mean. Apparently its shares are being short-sell everyday. 40% to 50% of each day's trading volume is attributed to short-selling. Information is all in SGX short-sell data. At least, we know it is not being sold by institutions or real investors. It is being short-sold by speculators ie the market "gamblers". I see this as a good thing because the short-sell volume is huge. When they need to cover their shorts, it will drive up the share price.
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rocksolid Member	26-Jun-2024 14:30        rocksolid About Contact  Quote this Post!
x 0   x 0  Alert Admin	Warren Buffett said - Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway. When you buy shares, think of it as buying a piece of a business. Rest just ignore. Provided you know what you're buying haha Mark001      ( Date: 26-Jun-2024 13:33) Posted: Thanks for sharing. Other than Dividends or SBB which may push up a little bit, which is the main reason for decline recently?  does anyone know who is a most recognized stock analyst and his expectation for GentS? rocksolid      ( Date: 26-Jun-2024 13:24) Posted: Maybe you too can express your thoughts by writing an email to them ([email protected]) too. I'm sure when there are a significant number of shareholders voicing out, management will do something. A single wooden stick is brittle and fragile whereas a bunch of sticks bundled together is almost unbreakable. I'm a businessman, I know that. When one investor makes noise, I hardly hear him or her. When a lot of them make noise, I have no choice but to hear them out. It is always like this.
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Mark001 Veteran	26-Jun-2024 13:33        Mark001 About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	Thanks for sharing. Other than Dividends or SBB which may push up a little bit, which is the main reason for decline recently?  does anyone know who is a most recognized stock analyst and his expectation for GentS? rocksolid      ( Date: 26-Jun-2024 13:24) Posted: Maybe you too can express your thoughts by writing an email to them ([email protected]) too. I'm sure when there are a significant number of shareholders voicing out, management will do something. A single wooden stick is brittle and fragile whereas a bunch of sticks bundled together is almost unbreakable. I'm a businessman, I know that. When one investor makes noise, I hardly hear him or her. When a lot of them make noise, I have no choice but to hear them out. It is always like this. pursuer76      ( Date: 26-Jun-2024 13:10) Posted: I am cognizant. But without BBs support, the short covering at this juncture won' t be able to propel the price above $1. Thus, it is paramount that Genting increase the dividend in light of their massive profits. The increase will bring in more investors. Thus, more $$$ for Genting to fund their expansion without having to loan
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rocksolid Member	26-Jun-2024 13:24        rocksolid About Contact  Quote this Post!
x 0   x 0  Alert Admin	Maybe you too can express your thoughts by writing an email to them ([email protected]) too. I'm sure when there are a significant number of shareholders voicing out, management will do something. A single wooden stick is brittle and fragile whereas a bunch of sticks bundled together is almost unbreakable. I'm a businessman, I know that. When one investor makes noise, I hardly hear him or her. When a lot of them make noise, I have no choice but to hear them out. It is always like this. pursuer76      ( Date: 26-Jun-2024 13:10) Posted: I am cognizant. But without BBs support, the short covering at this juncture won' t be able to propel the price above $1. Thus, it is paramount that Genting increase the dividend in light of their massive profits. The increase will bring in more investors. Thus, more $$$ for Genting to fund their expansion without having to loan. rocksolid      ( Date: 25-Jun-2024 18:17) Posted: When you decipher the data, you can see that majority volume are still buyers ie you take the daily sell volume and subtract the short-sell volume. Take this figure and compare with the daily buy volume, and you'll see that end of the day the net result is buyer's volume greater than seller's volume. The reason I subtract short-sell volume is to have an idea of real seller's volume. When you do this, you can see much clearer and sleep soundly at night.
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pursuer76 Veteran	26-Jun-2024 13:10        pursuer76 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I am cognizant. But without BBs support, the short covering at this juncture won' t be able to propel the price above $1. Thus, it is paramount that Genting increase the dividend in light of their massive profits. The increase will bring in more investors. Thus, more $$$ for Genting to fund their expansion without having to loan. rocksolid      ( Date: 25-Jun-2024 18:17) Posted: When you decipher the data, you can see that majority volume are still buyers ie you take the daily sell volume and subtract the short-sell volume. Take this figure and compare with the daily buy volume, and you'll see that end of the day the net result is buyer's volume greater than seller's volume. The reason I subtract short-sell volume is to have an idea of real seller's volume. When you do this, you can see much clearer and sleep soundly at night. rocksolid      ( Date: 25-Jun-2024 17:49) Posted: Yes they did. Apparently one voice insufficient. Anyway what I'm going to say now only the businessmen will understand. A great majority of businesses (ie companies) have debts. Businesses with no debts are rare because no debts mean literally it cannot go under water. Genting Singapore is one business with no debt. It is like a "cash generating machine" if you know what I mean. Apparently its shares are being short-sell everyday. 40% to 50% of each day's trading volume is attributed to short-selling. Information is all in SGX short-sell data. At least, we know it is not being sold by institutions or real investors. It is being short-sold by speculators ie the market "gamblers". I see this as a good thing because the short-sell volume is huge. When they need to cover their shorts, it will drive up the share price.
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rocksolid Member	26-Jun-2024 13:09        rocksolid About Contact  Quote this Post!
x 0   x 0  Alert Admin	Avg 0.875 fully loaded as at 19th June. I am still continuing to buy when it's below that price, thus current avg is slightly below 0.875. With a business having no debt and a huge cash pile of SGD 3.6 BILLION earning interest income which is significant (no-brainer because $3.6B is huge thus interest income will be significant. Imagine you put $3.6B into US treasury bills and or senior secured bonds, rest is arithmetic. Do the maths and you can see the interest income is huge.) MoneyFish      ( Date: 26-Jun-2024 12:11) Posted: Hi rocksolid,do u already load up SGD 1 million? What is your current average price , still have bullet? rocksolid      ( Date: 19-Jun-2024 16:03) Posted: At this current price, I will buy and load up SGD $1 million worth of shares. Let me know if you guys need proof, I will post & screenshot my purchase here.
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MoneyFish Member	26-Jun-2024 12:11        MoneyFish About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hi rocksolid,do u already load up SGD 1 million? What is your current average price , still have bullet? rocksolid      ( Date: 19-Jun-2024 16:03) Posted: At this current price, I will buy and load up SGD $1 million worth of shares. Let me know if you guys need proof, I will post & screenshot my purchase here.   rocksolid      ( Date: 19-Jun-2024 15:58) Posted: Guys, the daily SGX short-sell report yesterday showed that out of Genting Sg' s total volume traded, 43% of it was attributed to short-selling. Last week short-sell data you guys can check it out yourselves. As we all know, share price will eventually reflect the business itself (think of it as a private business owner), this is actually a good thing. Because when the short-sellers cover their position, it will inevitably drive up the share price. No need to sell, just hold and wait for the shorties to do the work for us eventually
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rocksolid Member	25-Jun-2024 18:17        rocksolid About Contact  Quote this Post!
x 0   x 0  Alert Admin	When you decipher the data, you can see that majority volume are still buyers ie you take the daily sell volume and subtract the short-sell volume. Take this figure and compare with the daily buy volume, and you'll see that end of the day the net result is buyer's volume greater than seller's volume. The reason I subtract short-sell volume is to have an idea of real seller's volume. When you do this, you can see much clearer and sleep soundly at night. rocksolid      ( Date: 25-Jun-2024 17:49) Posted: Yes they did. Apparently one voice insufficient. Anyway what I'm going to say now only the businessmen will understand. A great majority of businesses (ie companies) have debts. Businesses with no debts are rare because no debts mean literally it cannot go under water. Genting Singapore is one business with no debt. It is like a "cash generating machine" if you know what I mean. Apparently its shares are being short-sell everyday. 40% to 50% of each day's trading volume is attributed to short-selling. Information is all in SGX short-sell data. At least, we know it is not being sold by institutions or real investors. It is being short-sold by speculators ie the market "gamblers". I see this as a good thing because the short-sell volume is huge. When they need to cover their shorts, it will drive up the share price. pursuer76      ( Date: 25-Jun-2024 16:15) Posted: Have they reply to you
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rocksolid Member	25-Jun-2024 17:49        rocksolid About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes they did. Apparently one voice insufficient. Anyway what I'm going to say now only the businessmen will understand. A great majority of businesses (ie companies) have debts. Businesses with no debts are rare because no debts mean literally it cannot go under water. Genting Singapore is one business with no debt. It is like a "cash generating machine" if you know what I mean. Apparently its shares are being short-sell everyday. 40% to 50% of each day's trading volume is attributed to short-selling. Information is all in SGX short-sell data. At least, we know it is not being sold by institutions or real investors. It is being short-sold by speculators ie the market "gamblers". I see this as a good thing because the short-sell volume is huge. When they need to cover their shorts, it will drive up the share price. pursuer76      ( Date: 25-Jun-2024 16:15) Posted: Have they reply to you? rocksolid      ( Date: 25-Jun-2024 16:13) Posted: Guys, when you write emails ([email protected]) to them, do tell them that its share price is being attacked by short-sellers so that management is made aware of this matter. I have written emails to them already. But just me alone is insufficient. If there are a significant number of shareholders writing to them, I'm sure it will have an effect on its management!
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