GENTING BHD

KLSE (MYR): GENTING (3182)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

4.71

Today's Change

+0.16 (3.52%)

Day's Change

4.66 - 4.73

Trading Volume

9,709,600


40 people like this.

81,099 comment(s). Last comment by stampid54 2 hours ago

Ytl2023

228 posts

Posted by Ytl2023 > 3 weeks ago | Report Abuse

Pls wait until rm4. Ini baru beginning.

newbie2019

1,700 posts

Posted by newbie2019 > 3 weeks ago | Report Abuse

Ok…. 4.37 dont buy liao…4 buy a bit….3.50 if jadi show hand like ATK Sifu liao (I sold pant)

choysun

4,259 posts

Posted by choysun > 3 weeks ago | Report Abuse

LVS sell down due to Macau reno cost gua?

AngTayKor

1,685 posts

Posted by AngTayKor > 3 weeks ago | Report Abuse

Please dont follow my reckless punting la. Bet showhand wrongly become beggar liow. Some years ago, i was waiting patiently for this stock's downtrend to fully playout. From 3.50 waited patiently to 3.00 chart point zone. It went even lower than 3.00 to scare off everyone. Thats when the brave ones should have strong courage n scoop up the shares with both hands (bring gunny sack also). Sibei soong ah...

Actually MBS Q1 result not bad leh, but LVS kena selldown 5%. Up to the whales to play the prevailing storyline n stock market. Follow the trend until it bends.

choysun

4,259 posts

Posted by choysun > 3 weeks ago | Report Abuse

Iran-Israel tension calming dy. Next week still got discount ah? :p

AngTayKor

1,685 posts

Posted by AngTayKor > 3 weeks ago | Report Abuse

Iran took 2 weeks to retaliate. Israel maybe also? I think better becareful of "Sell In May" this yr.

choysun

4,259 posts

Posted by choysun > 3 weeks ago | Report Abuse

Yeah, watching for May :)

AngTayKor

1,685 posts

Posted by AngTayKor > 3 weeks ago | Report Abuse

Nvidia hungkan liow. When the market leader jialat, better dont be bullish.

keyman

298 posts

Posted by keyman > 3 weeks ago | Report Abuse

Nothing wrong with holding cash under this kind of circumstances.

stampid54

266 posts

Posted by stampid54 > 3 weeks ago | Report Abuse

Wait it to stop dropping and then chipping in ...

AngTayKor

1,685 posts

Posted by AngTayKor > 3 weeks ago | Report Abuse

@investopology the MBS Q1 result already out on Thursday night. Not much reaction to stock price on Friday

investopology

1,955 posts

Posted by investopology > 3 weeks ago | Report Abuse

ATK let see on Monday.

keyman

298 posts

Posted by keyman > 3 weeks ago | Report Abuse

Mbs=/= genting singapore
Genting singapore =/=Genting
Dont be over optimistic

OnTime

2,111 posts

Posted by OnTime > 3 weeks ago | Report Abuse

it's a buy.

hong

19 posts

Posted by hong > 3 weeks ago | Report Abuse

Gamble sector coming

Riaz1954

1,243 posts

Posted by Riaz1954 > 2 weeks ago | Report Abuse

Please don’t compare Genting to MBS! Completely different set up. Group CEO Goldstein is not family member. Main shareholder at least recognises and appoints independent CEO. Company is very well run, no insider dealing, no dumping of shares in open market no third party related doggy transactions, and finally use of impairment charges to manipulate bottom line. Overpayment ent of dividends when boss needs cash flow etc etc. no matter how much business prospects grow …bottom line improves will not necessarily translate into share price growth! Just few percentage here and there and dumping starts. All controlled. One of the worst in Bursa! Only saviour for a short period will be TAuRx. At least Taurx is above board….but is a private entity. Genting is carrying the investment at book cost.

Riaz1954

1,243 posts

Posted by Riaz1954 > 2 weeks ago | Report Abuse

Another point worth noting and reflects how a business functions is how long it takes to report statutory results, MBS, is able to report within 3 after period end! Genting will report 8 weeks after! No urgency or desire to report as quickly as possible. Different culture and mind set.

speakup

25,244 posts

Posted by speakup > 2 weeks ago | Report Abuse

Genting is undervalued but suffer from trust issue

Riaz1954

1,243 posts

Posted by Riaz1954 > 2 weeks ago | Report Abuse

Speak up…correct….trust deficit, due to past actions and governance issues. No action is taken to address this…most listed entities who have fiduciary duties to shareholders will take action to improve sentiment…Gentings cant be bothered. However, we are not forced to invest i guess, me only waiting for TAuRX which will happen for sure. Peak achieved in 2011 is long gone.

Bochiakak

176 posts

Posted by Bochiakak > 2 weeks ago | Report Abuse

AGM will be on 13.6.24. Please register in full force eventhough online. Our chance this to make our voice heard!!!!!!

OnTime

2,111 posts

Posted by OnTime > 2 weeks ago | Report Abuse

or better still if u don't like a stock for any reason pls don't invest in it. save u lots of angst.

neohts

2,132 posts

Posted by neohts > 2 weeks ago | Report Abuse

Can someone please help to ask about TauRX status and latest update in AGM ?

AngTayKor, are you attending online AGM.

Posted by Michael_chan2022 > 2 weeks ago | Report Abuse

Shortists kena burnt gao gao.. badly.
Well done. GenB

Posted by Michael_chan2022 > 2 weeks ago | Report Abuse

一輪雞飞狗跳後... nay...naysayers all gone hiding

Posted by Michael_chan2022 > 2 weeks ago | Report Abuse

買得便宜,才能抱的緊

AngTayKor

1,685 posts

Posted by AngTayKor > 2 weeks ago | Report Abuse

@neohts buay tahan every week want Taurx update. Official taurx update only once a yr to their own shareholders + private n confidential.

Shorts already made their money this round from 5.20, 5.10, 5.00, 4.90, 4.80 all the way down to 4.45 n covered liow.

keyman

298 posts

Posted by keyman > 2 weeks ago | Report Abuse

Yes I am still holding cash. Welcome home. @Sifu michael. I guess you missed in the jungle after a week dissapearance. 🤭👍

Gnanasong

182 posts

Posted by Gnanasong > 2 weeks ago | Report Abuse

Nice, Genting sets up both virtual and physical for its AGM

MG9231

773 posts

Posted by MG9231 > 2 weeks ago | Report Abuse

https://www.sinchew.com.my/?p=5554107
怎么那么快,不用下標的吗?

abc333

1,494 posts

Posted by abc333 > 2 weeks ago | Report Abuse

看南洋 星洲的报导 要小心。

abc333

1,494 posts

Posted by abc333 > 2 weeks ago | Report Abuse

Las Vegas Sands CEO Rob Goldstein has once again confirmed the company’s interest in Thailand
人家只是确定有意进军。要不就那些记者水准问题,要不就是别有居心了。

Riaz1954

1,243 posts

Posted by Riaz1954 > 2 weeks ago | Report Abuse

OnTime…..I agree don’t like sell! I invest like many others because it is undervalued. Net asset value is around 8.60 and fair value any thing between 5.40 and 8.60 and with potential of TauRX making it an attractive investment….so I invest it! I am invested elsewhere so no big deal….what really get me is the apathy amongst sum folks in this forum and blind support for Genting…I suspect this due to bias by some. I see so many things wrong the way the company is run! Poor, governance etc. there folks here when the price collapses from 5.20 to 4.50 they keep quiet when it rallies to to 4.57 they say what a recovery! The down trend is from 11. Rm established in 2011….one of the poorest mid size companies in Malaysia. We will know doubt get a rally to possibly 5 and then back down again. Share Price is based on more people buying than selling…btw.

Riaz1954

1,243 posts

Posted by Riaz1954 > 2 weeks ago | Report Abuse

1qtr results are known…. internally, let’s see if we get a purposeful rally….otherwise more impairments will suddenly emerge from somewhere. Impairments by the way are arbitrary and subjective…most auditors don’t get too concerned as impairments reduces profits and can be seem as being conservative as opposed to lifting a provision or write back of impairments…..

Riaz1954

1,243 posts

Posted by Riaz1954 > 2 weeks ago | Report Abuse

i think we should gather / formulate key pressing questions that would be useful to get answers to….from the AGM.

Riaz1954

1,243 posts

Posted by Riaz1954 > 2 weeks ago | Report Abuse

By the way…..Genting is a classic shortlist counter as it is in long term downtrend since 2011 peaking around 11 + and it stages rally within a range….so please don’t be fooled investors who shorted have made money for sure ….Shortist is one who sells shares they don’t own …they hope to buy back cheaper ….so if you say there is a pattern between 4.40 and 5.20 than you would sell at 5.20 and buy back at 4.40 or any where between this range. Only Robles is a catalyst like TauRX can blow the shortist or a take over.

neohts

2,132 posts

Posted by neohts > 2 weeks ago | Report Abuse

AKT, if TauRX next year only can approve, then I will sell first if price above 5.20. buy back when price drop below 4.70.

choysun

4,259 posts

Posted by choysun > 2 weeks ago | Report Abuse

@Riaz1954 They wouldn't keep their position open for so long, likely already made their money along the way. But at the expense of someone else. Will the someone else be enticed to buy again? :p

neohts

2,132 posts

Posted by neohts > 2 weeks ago | Report Abuse

Hopefully Genting Singapore Q1 results very good. Follow will Genting Plantation and Genting Berhad. 5.20 sell all.

AngTayKor

1,685 posts

Posted by AngTayKor > 2 weeks ago | Report Abuse

@neohts, i traded wrongly before also. The stock market is designed to fool most of the people most of the time. Your own money you decide.

newbie2019

1,700 posts

Posted by newbie2019 > 2 weeks ago | Report Abuse

4.5 to 5
damn…. so many rounds…. dont want to be trapped again….. i would buy hari hari mau

Riaz1954

1,243 posts

Posted by Riaz1954 > 2 weeks ago | Report Abuse

Just read the 2023 annual report. Couple of things stand out. On page 26 it clearly states investments held by chairman and ceo compete directly with Genting! Conflict of interest. This is no no! Secondly the deputy CEO is CEO’s son….so much for governance! I had not realised this, father and son and yet the report goes on about how governance is managed, risk management culture and so on, full of bull shit. This is why the wider investment community lack trust in Genting and this has been covered by some of the analysts as well.

speakup

25,244 posts

Posted by speakup > 2 weeks ago | Report Abuse

Fundamentally Genting is undervalued due to investor distrust in it's management

Riaz1954

1,243 posts

Posted by Riaz1954 > 2 weeks ago | Report Abuse

Non Exec members on the Board are Yes men! Hence no real governance. Highest paid CEO and deputy CEO in Malaysia and beyond.

stampid54

266 posts

Posted by stampid54 > 2 weeks ago | Report Abuse

Chairman cum CEO is Uncle Lim KT and deputy CEO is his son. There is nothing wrong with this as Lim KT's father founded the Genting Empire and passed it on to his son. Now Lim KT is preparing and training his son to take it over

OnTime

2,111 posts

Posted by OnTime > 2 weeks ago | Report Abuse

keeping the chinese tradition alive and well.

neohts

2,132 posts

Posted by neohts > 2 weeks ago | Report Abuse

TauRx was founded in 2002 in Singapore, with primary research facilities and operation based in Aberdeen, UK. The company has dedicated the past two decades to developing treatments and diagnostics for Alzheimer's and other neurodegenerative diseases due to protein aggregation pathology.

22 years is a very long time. Still pending

AngTayKor

1,685 posts

Posted by AngTayKor > 2 weeks ago | Report Abuse

Initial investment during series B fundraising round has been compounding at 16% annually for the past 20 yrs. I really cannot complain here. I can liquidate some shares now, but will miss out more upside coming.

@neohts if you can investment in something that can give you 16% compounding annually, you wont complain while waiting for grand jackpot also. Only warren buffett/ peter lynch class of investors can beat this type of return.

Post a Comment
Market Buzz