GENTING MALAYSIA BERHAD

KLSE (MYR): GENM (4715)

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Last Price

2.62

Today's Change

0.00 (0.00%)

Day's Change

2.62 - 2.64

Trading Volume

4,132,500


32 people like this.

42,770 comment(s). Last comment by DGxSignals 1 minute ago

167697

36 posts

Posted by 167697 > 3 weeks ago | Report Abuse

can accumulate 2.64 to 2.66. Unlikely to go wrong at this price

investopology

1,955 posts

Posted by investopology > 3 weeks ago | Report Abuse

So many good stock in bursa why must choose genm? And the 1bil tax so high who want to invest in genm again?

Posted by TonsilBasher > 3 weeks ago | Report Abuse

I walk at GENM during this raya time. I can assure you that the amount of china fellows gambling in Casino is huge. the local has been replaced by china people

Riaz1954

1,243 posts

Posted by Riaz1954 > 3 weeks ago | Report Abuse

Malaysia G promises 1B in taxes! Sounds very desperate way to do business …besides it can be seen as a bribe and unfair competition. Taxes are based on profits generated …or are they referring to sales tax …sin tax …..very strange business strategy

Riaz1954

1,243 posts

Posted by Riaz1954 > 3 weeks ago | Report Abuse

No wonder Empire City was making huge losses…and that’s why Genting boss sold it and passed it on to Genting berhad a listed company I am sure for a nice tax profit…..This is a an issue why Gentings will underperform….

Riaz1954

1,243 posts

Posted by Riaz1954 > 3 weeks ago | Report Abuse

TonsilBasher…I hear you ironically….Chinese can gamble as much as possible but it probably will not translate into higher share price….for that you need more people,buying shares than dumping them them including the boss! Share price rise means more people,are buying than selling….that’s why good companies like in US market see tremendous returns for their shareholders unlike Malaysia. Lack of governance and insider dealimg

Shines

2,740 posts

Posted by Shines > 3 weeks ago | Report Abuse

The 1 bil in taxes is just a pledge for wining the casino licence, why huha huha now, upon getting the licence then say something about it is ok, but not now

skybursa

1,469 posts

Posted by skybursa > 3 weeks ago | Report Abuse

RWLV already proven that US casino is business involved high investment but low return. In the past analysts predict over a billion of profits contribution. All this are just speculation for stimulate the stock price.

Shines

2,740 posts

Posted by Shines > 3 weeks ago | Report Abuse

Bro skybursa, totally agreed

Posted by Michael_chan2022 > 3 weeks ago | Report Abuse

https://www.casino.org/news/it-will-take-a-few-years-for-resorts-world-las-vegas-to-be-profitable/
Resorts World Las Vegas Won’t Be Profitable for Several Years, Says Nomura
Posted on: March 19, 2021

The researchers forecast the RWLV will generate EBITDA of $82 million on revenue of $350 million in 2022.

Those figures will grow to $112 million and $477 million, respectively, in 2023

Posted by Michael_chan2022 > 3 weeks ago | Report Abuse

https://www.ghi888.com/en/2021/05/resorts-world-las-vegas-coming-soon-but-may-take-time-to-turn-a-profit/
2021-05-21 10:42
Resorts World Las Vegas coming soon but may take time to turn a profit

Nomura analysts said it will be several years before the venue reaches net profitability.

Fitch Ratings said the property won’t be fully ramped on earnings before interest, taxes, depreciation and amortization basis until 2024.

UOB Kay Hian forecasts Resorts World Las Vegas generating
$399 million in EBITDA in 2024

investopology

1,955 posts

Posted by investopology > 3 weeks ago | Report Abuse

Stay away from bursa. War coming soon.

speakup

25,202 posts

Posted by speakup > 3 weeks ago | Report Abuse

What War? Akmal vs Anwar?

kfliau

1,970 posts

Posted by kfliau > 3 weeks ago | Report Abuse

Damn lousy stock. Supposed to be 2nd liner blue chip. Give you 9 cents dividend but price goes down 18 cents.

Hong9933

65 posts

Posted by Hong9933 > 3 weeks ago | Report Abuse

股息再买

VincentTang

1,095 posts

Posted by VincentTang > 3 weeks ago | Report Abuse

Bought GENM at 2.62. China stock big up today.

Posted by Jonathan Keung > 3 weeks ago | Report Abuse

Yes Kfliau. Kena kau kau . 9 cents dividend but price goes down Genting Malaysia supposed to be a blue chip and CI stock.

kfliau

1,970 posts

Posted by kfliau > 3 weeks ago | Report Abuse

Has anyone received the dividend?

Hong9933

65 posts

Posted by Hong9933 > 3 weeks ago | Report Abuse

yes

Posted by Jonathan Keung > 3 weeks ago | Report Abuse

DJ drop another 200 points opening. Looks like another sea of red tomorrow

investopology

1,955 posts

Posted by investopology > 3 weeks ago | Report Abuse

I queue buy below 2.60

Posted by Jonathan Keung > 3 weeks ago | Report Abuse

Nobody wins if Israel attacks Iran. Iran is the big brother in the Middle East. Biden knows it Iran is not Syria or Lebanon. Even US is very cautious when it comes to Iran.

Posted by LilasIkuta > 3 weeks ago | Report Abuse

then how, we cut loss?

Posted by LilasIkuta > 3 weeks ago | Report Abuse

all stock also dropp ??

Posted by Jonathan Keung > 3 weeks ago | Report Abuse

Sell from first and buy back later. Option 1 hold if you have the means option 2 .last but not the least average down if you believed the company potential & long term growth. Risk is something you yourself can decide brothers

kfliau

1,970 posts

Posted by kfliau > 3 weeks ago | Report Abuse

I haven't received my dividend. Anyone same as me?

Posted by creationinfoways > 3 weeks ago | Report Abuse

Your writing style is engaging and keeps me hooked from start to finish.
https://www.creationinfoways.com/social-media-marketing-services.html

RonnyWu

246 posts

Posted by RonnyWu > 3 weeks ago | Report Abuse

I received the dividend yesterday. I think you need to check with your broker, kfliau

kfliau

1,970 posts

Posted by kfliau > 3 weeks ago | Report Abuse

@RonnyWu I checked with Rakuten. They said will take 3 to 5 working days to be deposited

kfliau

1,970 posts

Posted by kfliau > 3 weeks ago | Report Abuse

Sinking lower and lower. My goodness! I bought before dividend ex at 2.91. Should have gone up Genting to gamble instead. At least got fair chance to win

Posted by LilasIkuta > 3 weeks ago | Report Abuse

chill,genm is gem

VincentTang

1,095 posts

Posted by VincentTang > 3 weeks ago | Report Abuse

Genting Singapore start reverse from botton and up 3.3% today. Is time to buy GENM and GENTING now.

RonnyWu

246 posts

Posted by RonnyWu > 2 weeks ago | Report Abuse

GENM (4715) 's share price has fallen recently, falling to EMA 200 (approximately RM2.60). The decline may have been driven by the fact that bidding for a New York casino license could increase annual tax bills to $1 billion, as well as the temporary closure of two casinos for renovations.

Posted by TonsilBasher > 2 weeks ago | Report Abuse

every time i receive dividend from this counter i will use it to gamble at Genting Sky Casino. I manage to win up to 10k. so ladies and gentlemen, gambling is good

speakup

25,202 posts

Posted by speakup > 2 weeks ago | Report Abuse

ppl now gamble in Bursa Malaysia.
Casino only non-malays can gamble, but in Bursa Malaysia even malays can gamble

Posted by TonsilBasher > 2 weeks ago | Report Abuse

War or not in Middle east doesnt affect the amount of singaporean/ china/ Malaysian to donate money to Sky Casino of GenM

Posted by WinBigOrLoseAll > 2 weeks ago | Report Abuse

covid no more, china tourists also returning, but genm recovering back to the mco price, owai....

Posted by TonsilBasher > 2 weeks ago | Report Abuse

Current share price is severe undervalued. Time to top up alot more. Win Big or loss the chance

kfliau

1,970 posts

Posted by kfliau > 2 weeks ago | Report Abuse

The Empire is the albatross on the neck. Foreign investors shy away from this type of management. Local retailers all lost until pants dropped. Whole market no money

OnTime

2,106 posts

Posted by OnTime > 2 weeks ago | Report Abuse

(maybe) to da moon!

hong

19 posts

Posted by hong > 2 weeks ago | Report Abuse

Gamble sector coming

yongyong88

373 posts

Posted by yongyong88 > 2 weeks ago | Report Abuse

just accumulate and wait for next dividend announcement.

Posted by TonsilBasher > 2 weeks ago | Report Abuse

Its no brainer industry. the house always win. those who doesnt believe in this counter loss out

Posted by Michael_chan2022 > 2 weeks ago | Report Abuse

Go..go GenM

Posted by Michael_chan2022 > 2 weeks ago | Report Abuse

稳稳的站上2.65

Hong9933

65 posts

Posted by Hong9933 > 2 weeks ago | Report Abuse

byebye 2.58

RonnyWu

246 posts

Posted by RonnyWu > 2 weeks ago | Report Abuse

Geopolitical tensions ease, apparently. ha

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