Riaz1954

Riaz1954 | Joined since 2019-02-14

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2024-01-10 17:49 | Report Abuse

Let’s hope I am wrong! I will be more than happy to be wrong this time!

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2024-01-10 17:47 | Report Abuse

Not surprised at all the price has retraced below 5. Let’s see what happens over next month or so. Normally when company is seen as a recovery stock with key indicators being bullish, you expect upward trend. With Genting nobody knows, this is because of the nature of shareholders. I recall few years when indicators improved and price rallied major shareholder dumped shares to cover losses from cruise business. After all share price is dependent on buyers and sellers if you dump shares in the open market the share price will fall no matter how good the underlying business may be. We had example of this with Tesla when shareholder sold shares to buy Twitter. This remains my biggest concern with Genting …..lack of proper governance.

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2024-01-09 10:34 | Report Abuse

Struggling to go past 5 as expected. Immense selling pressure high volume….we will know around 3-4 pm when European markets open if Genting close 5 plus. It is important that it closes above.

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2024-01-08 18:11 | Report Abuse

Price needs to breach 5 comfortably….and March on ….further catalyst will come from when major projects are awarded in Malaysia. I have high expectations of Gamuda one of better managed companies in Malayisa.

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2024-01-08 18:02 | Report Abuse

Truly worthy performance would be for the share price to hit 5.50 plus before annual results …after all share price was 7 RM during 2019 before Covid hit.

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2024-01-08 17:53 | Report Abuse

Let’s hope the positive momentum is maintained and it is not a false dawn as previously. Many positive factors in play proof of pudding is ultimately in share price performance which can be impacted by insiders dumping shares.

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2024-01-08 10:42 | Report Abuse

What is the latest news on Taurx getting regulatory approval? No updates at all. I heard that it was positive news in the U.K. but no formal update.

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2024-01-06 11:29 | Report Abuse

General market can be up…but for Genting it means nothing sadly. Unless we have a major catalyst it will crawl,up and down. Let’s see what happens running up to full year results

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2024-01-05 17:40 | Report Abuse

Let’s be clear foreign investment has very little impact on share price …. M OST of the telling trades are local. Foreign asset allocation is low other than historical investment. Foreign investors have high threshold for governance which is a concern….when ceo earns more than CEO of Rolls Royce very complex aeronautical engineering company.

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2024-01-05 17:17 | Report Abuse

We are looking for excuses and rationale for Genting not doing well and conditions that will help the share price. Quite frankly so many positives have already happened and still the share price actually reversed from depth of CONDITIONS that were very bad. So there is no logic for lack of performance other than major shareholder, governance and lack marketing of the company….we expect CEO to be more active selling the company to shareholders unless you own 44 % of shares so no incentive what so ever. This is is an issue. I am big investor in the shares but patience after 2 years is running thin. In Developed markets proactive companies share Capital Markets day when they explain the actions being taken to the shareholders and market.

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2024-01-04 15:17 | Report Abuse

Genting continues to under perform….management sleeping don’t care for shareholders as mostly family business ….other companies such as CIMB and Gamuda have better management and better focus on returns.

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2023-12-31 20:38 | Report Abuse

Nasdaq 54 % return, india 18% japan 28 % circa…and we are simply struggling to get going…even if HK / China ,ark et recovers no guarantee Genting will follow…!

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2023-12-28 19:39 | Report Abuse

When will people realise improved business performance has nothing to do with share price movement particularly in Malaysian stock market. We know business performance has recovered well…and tourist numbers etc all up significantly, Chinese visitors up, political risk low, all other noted reasons for poor performance have been largely addressed…though debt levels are high. Cost control could be improved but major shareholder not concerned , governance is poor….a real catalyst is needed to lift performance …otherwise it will remain in doldrums ….

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2023-12-22 11:45 | Report Abuse

Are we being delusional with Genting, many other counters in Asia region have recovered well and yet this one and Malaysia in general is very poor. I guess we can always hope and pray! People talk about topping up as if capital is free and has no cost!

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2023-12-22 09:48 | Report Abuse

Too many held by epf ….they sell make a margin and than return than the share price advances a bit and the whole cycle is repeated ….unless there is a catalyst such selling of the highway concession or new contract ….

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2023-12-21 09:53 | Report Abuse

Genting on Bull Run! Really. If this is the Bull than I rather have tortoise. Bull run is when stock price moves more than 20% . Genting peaked around 11 in 2010/2011 ever since than even before CV hit it has been on down trend….we are all waiting for the trend to reverse. There are many resistance levels, it struggling to reach 4.70, than it will be 5.0 than 5.35 and so on..at each level there are many sellers…some playing the margin game and others who have held for some time …Genting need a catalyst.

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2023-12-19 11:04 | Report Abuse

Consider ….YTL management V Genting? The problem with Genting is primarily management. The inability to make the company shares attractive for shareholders ….by telling a story of recovery and potential growth.

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2023-12-19 09:08 | Report Abuse

COVID = winter / wet season flu……..! Please don’t find another reason for Genting underperformance. When there is demand for share we know what havens …YTL……need a catalyst

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2023-12-18 14:57 | Report Abuse

Nothing changes ……same old arguments (green wave, Corona virus, tax, etc etc) ….put forward. Fact remains the same…share price is determined by supply / demand ….. more sellers than buyers emerge after small gains from previous price falls ….

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2023-12-13 23:49 | Report Abuse

Pang72…Genting has been in downtrend since 2010 ….it all depends on how you view the trend line and over what period! At its peak the price was 11+ and has come down before CV struck and ofcourse CV hit hard we know that….but the poor management performance precedes that….let’s hope we can turn the trend and benefit from business growth in the newer markets and the casino bet on Taurx! Let’s hope that sooner rather than later …!

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2023-12-13 23:45 | Report Abuse

Michael Chan …..44% is owned by ParkView Mgt which I believe is boss holding, actual 24 other main insituional investors account for only 13 % …of which Vangaurd holds 2.5% and Blackrock 1.8% otjers make up,the balance! Remaining 43 % are small investors including private companies ……..the problem to me is the 44% holding ….. this holding info is published.

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2023-12-13 15:20 | Report Abuse

RISK 8888 there is a reason….it is private brokerage company! 44 % plus holdings and friends who don’t question anything …is a major governance issue…..share price is not driven by performance of the company but demand / supply of shares in the market …these can be controlled of you hav every big shareholding. Companies generally with small ownership holdings do much better ….than ones with large holdings and same management! No new blood or thinking ..personal,bank account.

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2023-12-13 14:56 | Report Abuse

Given the underperformance of share price ..you would think a change in management is warranted! Shareholders simply are sheep…sLeepy…foreign holding is minuscule and they are not active shareholders if they were they would address the governance issues.

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2023-12-13 14:52 | Report Abuse


It is good to to be optimistic but not at the cost of being unreasonable. I am supporter of Genting but feel the management are simply not with it ……the downturn began from 2010 …and since has been hit by external events like CV. But the downturn began much earlier. Why? Simple, the company is nit run like a proper shareholder company as the owner still holds large chuck over 40%! Therefore company is own by account, rewards himself with highest CEO payouts despite huge under performance ….his pay is more than some of the big international business ..eg take for example Rolls Royce U.K. aero engine manufacturer …a very technical company….yet the brilliant ceo earns less than half of Gentin ceo! Also buying companies such as Empire with suspect valuation….these are serious Governace issues nobody is willing to tackle! Let’s hope we remain lucky woth TauRx as I can’t see these guys marketing the company.

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2023-12-08 09:50 | Report Abuse

I am buyer of Genting and not seller….like others believe it’s long down turn should begin to reverse. Only concern is dubious insider dealing

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2023-12-07 09:23 | Report Abuse

Good dividend. Next year will grow more and win more contracts for sure

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2023-12-07 09:22 | Report Abuse

Excellent results. The words used to describe “ discrepancy” between this year and last year……,! Better vocabulary is last year results impacted by exceptional transaction I which was sale of highway concession!

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2023-12-06 18:41 | Report Abuse

I hear so much illogical stuff….like Chinese tourists will make a difference, flushing out weak shareholders, window dressing, keep buy on weakness ….! The reality the share price is based on supply and demand more sellers than buyers irrespective of underlying business performance ..the price will drop. Here lies the problem, who is selling all the time? This is typical of share ownership with one single shareholder….most institutions keep,for long term investment….. so this constant selling is on instruction for sure ….

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2023-12-04 18:29 | Report Abuse

EPF dumping continues ….they dump others sell and they return ..make a return and support pension payment that’s how they make their returns …….simple

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2023-12-04 16:38 | Report Abuse

Europe and US March on and Genting share price struggles….one would have trebled their investment in 2023 had they invested in certain counters in US and Europe including U.K. Despite dire economic situation this means companies like Genting are for the major shareholder to withdraw wealth of their time of choosing they are not perfect investment vehicles for public investors.

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2023-12-03 23:45 | Report Abuse

EPF have unloaded and will return soon during December ….for sure.

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2023-12-03 23:41 | Report Abuse

What happens to Dow has no impact on Genting share price if it had we would be well north of 5! Genting shareholders are strange breed and in particular the problem is the owner stills owns far too many shares hence risk to share price as it can be unloaded any time and in addition there is no effort to market the share price as normal CEO’s f companies do!

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2023-12-01 17:49 | Report Abuse

US, U.K., Europe all have a strong rally…here nothing much, HK hits 13 month low….Asian markets are followers and are not the catalyst …let’s see where Genting heads with its strange shareholders and suspect governance

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2023-11-30 09:38 | Report Abuse

We need an update on Taurx….from anyone who has attend private members annual meeting. There very little publicised info …on regulatory progress

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2023-11-30 09:36 | Report Abuse

We are all waiting for long overdue uplift. Some folks here say what a recovery from 403 to now….but the price should not have gone to 403 in the first place measured against any metrics and forward outlook….which makes me wonder what sort of shareholders in play. The foreign institutional investors have small allocation to Malaysia ..and they are proper medium to longterm investors. In Malaysia we don’t have sufficient stats…if you go through local institution holdings the insurers funds under management but have small amounts allocated to Genting.

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2023-11-28 22:50 | Report Abuse

As an investor I want Genting to do well more importantly the performance and growth prospects should reflect the share price. Whilst share price is moving upwards but still does not reflect forward potential worth all metrics suggesting. Genting is under valued! Why is this ? One reason is the management are not very with it in terms of communicating to the market this could be because large shareholding by one owner ..not motivated …jsut watch U.K. s Rolls Royce the engine and defence company capital market presentation the CEO Erginblic was fantastic total command of the business and share price flies and will do more …this is lacking in Genting….Taurx is the real catalyst thst is needed …even here no updates no information etc…jsut lethargy

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2023-11-28 07:50 | Report Abuse

Need forward momentum to be maintained ….price should be heading north of 5.0 as revenues are on uptrend. Market is suppose to look forward….

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2023-11-27 20:27 | Report Abuse

We really need Genting management to be proactive in marketing the company …like having capital market day where they elaborate more on their strategy and propects….sadly these sort of companies the management are simply nit geared up that ..they find simple communications difficult!

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2023-11-27 20:26 | Report Abuse

As I said the share price should already be 5.00 plus based on revenue growth ….but we have weird investor profile with heavy selling pressure following a small rise…very frustrating …it could be programmed trade using software / algorithm with very low transaction cost …otherwise it just does not make sense.

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2023-11-27 07:47 | Report Abuse

Let’s see if price remains above 4.50. Sometime it takes a week or so after results to filter through to buy recommendations …. I hope this is the case with GB…need to see move towards 5 mark.

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2023-11-24 09:17 | Report Abuse

Not sleeping but selling!

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2023-11-24 09:17 | Report Abuse

As eluded huge sleeping pressure when share hit 4.50….yet the share price should be 5.70 range given the cash flows.

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2023-11-24 08:51 | Report Abuse

IMCK, the price never goes back to NTA….we know that….Genting shareholders are not your average investors …..first of all big chunk is held by insiders than we have many small holders who sell for small gains. Insiders need funds for other needs. A huge catalyst is needed to get Genting on major uptrend. Good Results not sufficent,

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2023-11-24 08:44 | Report Abuse

Don’t get carried away we have group very strange investors…the price should rally strongly but small and insider investor behaviour is strange unless foreign i institutions come in big numbers including US funds! But they have great investment choice locally.

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2023-11-23 22:08 | Report Abuse

Results show significant improvement but share price may not necessarily perform the same way because of the nature of investors …strictly speaking the share price should be around 5.60 in my opinion given the growth momentum.

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2023-11-21 20:22 | Report Abuse

Genting share performance is frustrating as it was 5 plus when it was loss making and now it is struggling to get to 5, when it has become profitable, just does make sense. A big catalyst is needed. Any small rises are neutralised by selling ….sadly there is no marketing of the company or capital even to promote and disclose company strategy and progress etc. the management are sleeping and this down to share ownership.

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2023-11-17 11:28 | Report Abuse

The main problem is the underperforming Malaysian business unit. Can’t control operational costs business model is struggling ….need new management at the helm.

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2023-11-16 17:21 | Report Abuse

Genting share is like no other very strange dealing pattern lot of small holders who keep disposing with small gains probably day traders. Also cannot see Genting Malaysia business outperforming as its cost base is high and is not efficiently run. You have to look at the management staff most are related with no outside people …it is a family business working within their community not based on capability I suspect! It is is family business and not a typical public listed company …only chance of outperformance is Taurx!

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2023-11-14 11:28 | Report Abuse

The price was 5.45 plus when the group was making losses. Now it is just profitable the price has depreciated by more than 25% ….reason macroeconomic and political conditions….even though is see improvements in revenue and profitability other factors will keep lid on the price, this is despite the fact the book value Is 8.45. In addition there are unique set of factors which impact Genting which is share dealing by insiders. These are factors are not addressed by brokers….only catalyst i see is Taurx.

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2023-11-14 11:00 | Report Abuse

Look at two broker recommendations …HLG and Kenaga …a huge variance in price target. Shows how useless these guys are….both are wrong by a long shot. How can they write this drivel!