GENTING BHD

KLSE (MYR): GENTING (3182)

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Last Price

4.79

Today's Change

+0.06 (1.27%)

Day's Change

4.75 - 4.82

Trading Volume

8,485,200

Details of Changes
Securities After Change
Transactions
Ann. Date Name Details of Changes Securities After Changes
Date Type No. of Shares Price Direct (%) Indirect (%) Total (%)
Discussions
40 people like this. Showing 50 of 81,280 comments

keyman

Oh No... No green, no AI..For Genting. Still doing those Lao Ko Ko biz..... No hope for tremendous rally liaw..... 6 can or not? Shareholder s are still in mud.. Struggling.... Adohai....

2 days ago

neohts

https://theedgemalaysia.com/node/712140

Genting Singapore keen on UAE casino resort development.
KUALA LUMPUR (May 18): Genting Singapore has confirmed its interest in developing an integrated resort (IR) development in the United Arab Emirates (UAE), as per its executive chairman Tan Sri Lim Kok Thay’s comments to shareholder queries at the gaming group’s annual general meeting (AGM) last Friday.

His comments were included in the minutes of Genting Singapore’s AGM in response to questions from shareholders on the company’s international expansion plans.

When asked by a shareholder if it would be interested in bidding to develop an IR in the UAE, Lim explained that bid conditions in Singapore, where the company runs Resorts World Sentosa (RWS), were for an IR rather than just for a casino.


2 days ago

Michaelchan2024

https://links.sgx.com/1.0.0/corporate-announcements/QNB8YZ9OJ4UQB211/796217_GENS%20-%20Response%20to%20Shareholders%20questions%20for%20AGM%202024.pdf
39TH Genting Singapore ANNUAL GENERAL MEETING TO BE HELD ON 18 APRIL 2024 RESPONSES TO SUBSTANTIAL AND RELEVANT QUESTIONS RECEIVED FROM SHAREHOLDERS

2 days ago

Michaelchan2024

1. Have the recent large-scale international concerts in Singapore by Coldplay, Taylor Swift and Bruno Mars had a positive impact on visitation and expenditure at Resorts World Sentosa (“RWS”)?

2 days ago

Michaelchan2024

2. (a) Pre-COVID, how much and what percentage of your guests emanate from China and what is the current percentage of your guests emanating from China? How much impact do you foresee/project would the change in visa policy would have on your company? Please elaborate. (b) Is RWS already seeing significantly more visitors from China in the last few months?

2 days ago

Michaelchan2024

3. Can the Company comment on the recent warning by the Chinese Embassy in Singapore for Chinese citizens to stay away from gambling, could this have a negative impact on the Company’s operational performance going forward?

2 days ago

Michaelchan2024

4. How will the Company finance its approximately S$6.8 billion investment to transform RWS? Would the investment impact earnings significantly in the near term?

2 days ago

Michaelchan2024

5. Will higher casino tax be introduced in FY2024?

2 days ago

Michaelchan2024

6. The Directors eligible to receive awards under the share scheme are involved in the administration of the scheme. Could you please clarify if the Independent Directors in the Remuneration Committee are eligible for shares and what is the rationale for granting to the Independent Directors?

2 days ago

Michaelchan2024

7. We noted that the Company’s auditor, PricewaterhouseCoopers LLP, has been serving the Company for 27 years since 1997. Can the Company comment on whether it has any intention to have periodic rotation of external auditor as a matter of good governance, and to look for a new auditor in view of cost efficiencies, experience and the benefit from fresh perspectives and views of a new auditor.

2 days ago

keyman

Based on those questions. 股东们对老板还是太仁慈了。难怪被老板吃死死....
就2个问题
1. 公司是否有考虑董事薪金机制?公司年盈利达到一定程度,董事可享有额外薪金 甚至股权认购为奖励,反之则自行减薪 直到达到指标
2. 眼看很多公司的股价都会到疫情前水平,公司有扶持股价的计划吗?预计几时会回到8-9块的水平?
Just strictly to the point... 可惜我卖了 不过我想based on 老板说的.. 他也不会出什么惊天动地的大计划... 最多还不是casino casino

2 days ago

prudentinvestor

Genting's performance should improve next week as investors await the release of its first quarter financial results, which should be much better than the previous quarter.

2 days ago

Michaelchan2024

https://klse.i3investor.com/web/blog/detail/dragon328/2023-01-06-story-h-301897649-Genting_Bhd_Strikes_Gold_in_the_US

Genting Berhad strike Gold in the US

Hi dragon328, if you have updated the article, could you please share the latest version? Thanks

2 days ago

Michaelchan2024

https://klse.i3investor.com/web/blog/detail/dragon328/2024-05-11-story-h-181779531-Genting_Snigapore_Sentosa_IR_Driving_Growth
Genting - Singapore Sentosa IR Driving Growth

- These three upsides would be sufficient to double the valuation of Genting from RM11.33 to RM22.68 per share by 2028.

2 days ago

Michaelchan2024

https://pechanga.net/shohei-ohtanis-translator-betting-probe-could-roil-ny-casino-race-sources-p45740-282.htm

Shohei Ohtani's translator betting probe could roil NY casino race: sources

2 days ago

AngTayKor

My projection of over rm10 ATH is very conservative. Got people even projecting at rm22.68/share!

2 days ago

neohts

AngTayKor.....apa ini ATH ?

2 days ago

choysun

ATH=All Time High.

2 days ago

choysun

@ATK RM10 only? Sky is the limit la :)

2 days ago

ImCK

as i mention genting is offering solution to goverment
genting havent unsleash its potential the management need more creative partner with bank offering more longer installment plan up to 60month to consumer so consumer willing to spend more and enjoy

2 days ago

ImCK

theme park offer unlimited day pass to local bring more traffic to genting
build big concert invite more artist build more cockfrod premium hotel experience target singaporean visitor and china visitor

2 days ago

ImCK

offer delicopter or rolls rolyce to vvip bring them go genting casino like american black card premium experience only you let them feel vvip then more money they willing spend

2 days ago

ImCK

offer vip room + helicopter transport + concert ticket to tourist

1 day ago

ImCK

cockford demand is very high and success should keep develop more super luxurious product and experience target vvip serve them like king

1 day ago

newbie2019

neck long long…. haven’t see pass 6 for years

1 day ago

kent9988

wor
tp22
做不到都好
听到都硬了

1 day ago

hw0706

Gentng no doubt is severe undevalue. But market do not think so due to the legacy issue and also lsck of capital appreciation, high depreciation cost and so on. But the business overall is not that good in term of growth, and also competition from neighbour country and also the online gaming. So genting require to position them selve to be the tourist spot / entertainment co similar like disney with different segment

1 day ago

ImCK

genting non gaming is perform well but as i said genting need to be more creative develop some ultra luxurious product let rich man chase build closely connection with international artist this is a king card

1 day ago

ImCK

imagine 1 international artist got 2million fans it will boost goverment economy immediately than IR . Artist and even is traffic maker IR is just a platform for spend

1 day ago

ImCK

partner with more international event partner with international artist then bid any casino project will be sure win

1 day ago

dragon328


Michaelchan2024, I have not updated this article since the initial post, as there has been no sign of movement on the ground, especially in the US, to warrant an update. In that article, I gave a lot of values to the potential new New York casino and the potential listing of Las Vegas Resorts World in the US. But as interest rates in the US remain high and current consensus is for first rate cut in Sept 2024, so I would expect any potential US listing to be delayed to 2025 earliest to allow time for interest rates to come down below 5.0% and to get a better valuation.

The New York casino bid is also delayed due to ESG issues, it looks like the RFP will be released towards end of 2024 and final bid in 2025.

Posted by Michaelchan2024 > 23 hours ago | Report Abuse

https://klse.i3investor.com/web/blog/detail/dragon328/2023-01-06-story-h-301897649-Genting_Bhd_Strikes_Gold_in_the_US

Genting Berhad strike Gold in the US

Hi dragon328, if you have updated the article, could you please share the latest version? Thanks

1 day ago

dragon328

I need to qualify that the calculated fair value of RM11.33 is based on a bullish projected EBITDA of S$2.0 billion for Genting Singapore in FY2028 and a decent valuation of 13x EV/EBITDA (most analysts currently only gives a valuation of 10x EV/EBITDA or below).

One has to assess oneself whether Genting Singapore can increase its EBITDA from currently S$1.4-1.5b in 2024 to S$2.0b in FY2028. I see it quite likely so given the expansion in the Universal Studios, Oceanarium and additional 700 hotel rooms in next 3 years.
Hong Leong's SOP valuation of Genting in Feb 24 was based on a fair value of S$1.12 per share for Genting Singapore. Its tp of RM7.12 was based on a 45% holding company discount to the SOP valuation of RM12.94 for Genting.

When Genting Singapore EBITDA reaches S$2.0b in FY2028 or FY2030, even if I use Hong Leong's valuation of 9.5x EV/EBITDA (instead of 13x EV/EBITDA used in the article), the increased valuation of Genting Singapore will give an additional value of RM4.23 to Genting's SOP to get a revised SOP of RM17.17. Applying the same 45% holding company discount, Genting should be worth RM9.45 per share.

Posted by Michaelchan2024 > 23 hours ago | Report Abuse

https://klse.i3investor.com/web/blog/detail/dragon328/2024-05-11-story-h-181779531-Genting_Snigapore_Sentosa_IR_Driving_Growth
Genting - Singapore Sentosa IR Driving Growth

- These three upsides would be sufficient to double the valuation of Genting from RM11.33 to RM22.68 per share by 2028.

1 day ago

Michaelchan2024

@dragon 328, thank you for the update. It makes sense to delay the US listing until 2025 due to high interest rates. I understand the New York casino bid is also delayed because of ESG issues. Next year could be interesting and exciting for Genting. I’ll watch for further updates. Cheers! 🍻

1 day ago

MalaysiaEquityGuide

Genting Bhd Technical and Fundamental analysis good video
https://youtu.be/CJfHNjr3wUQ

for Bauto : https://www.youtube.com/watch?v=zenNKbnf4dU

1 day ago

newbie2019

tomorrow dropping? coz over 20k cases in Singapore? opp to buy or….???

21 hours ago

Save

Monitor Singapore Genting Share price. Short term opportunity to buy cheap. Important things is if no boarder closing. This Covid news can be countered if in due time Singapore or Malaysia government announces Visa free period for Chinese citizens extended to 2025.....

20 hours ago

Michaelchan2024

机会总是留给有准备的人

10 hours ago

wang336604

I'm sure everything will be fine

6 hours ago

wang336604

Investment Advice:

If Holding: It is advisable to closely monitor changes in MACD and KDJ indicators, especially the shortening of red bars and overbought regions in KDJ. Consider partial profit-taking if clear pullback signals appear.
If Watching: Continue to observe the market, waiting for a price pullback to around 4.5, and look for new buy signals before making a decision.
If Planning to Buy: It is recommended to patiently wait for a pullback before entering. Consider establishing an initial position around 4.5 and gradually increasing the stake based on subsequent trends

6 hours ago

kokhoor

Hopefully Genting Berhad will do more to restore investor confidence.

5 hours ago

TiffanixLVxHermes

sold
😎

4 hours ago

AngTayKor

Not taking risk for Q1 result may be a good choice also. Result may be below expectation also. Unless Q1 profit is way above rm600m then bullishness can continue. Wed public holiday.

3 hours ago

neohts

God also don't know the results. Only LKT knows. He needs to show good results due to AGM.

1 hour ago

Riaz1954

LKT does not care about AGM or what investors think, as it has very little impact on his wealth generation as it also factored in the small price movement! If he worried about share price he would have taken action to promote share price! Like other ceos do.

54 minutes ago

chiahs

Klci in early bull, Genting catching up slowly, should move into region of 5.5-6.x… past-few years/period-cycle of bull, Genting in double digit pe, > 20…… this time should be achievable again?…. Let’s see this time pmx-bull :)

20 minutes ago

Hafid

see how is Genting perform. if is good than way up. if is bad than down loh...after what happen, investor doubt on the management and its performance. Anyway share already up from RM3.60 to RM4.79. It is already good return. even YTL Corp and YTL Power is higher than Genting for the past one year. it is up to your risk tolerance to buy or not to buy. ..... when everybody do not trust the management than i think is the time to think ?????. i hope the result is going to be.....???anyone knows.

18 minutes ago

keyman

Yes in fact he has nothing to lose. If those retailers help him to push up the price, his wealth increases directly with out a single cent being paid. On the other hand, if price for long run being undervalued, He can choose either mbo or privatize the co.

16 minutes ago

keyman

Whatever the performance is, millions of renumeration is secured. Only one thing that can make him nervous, if being kicked out of klci.

12 minutes ago

Michaelchan2024

https://youtu.be/MsdEK-Yn8HE?si=LWPFS3XsgZou4Ov5
Genting 云頂,我猜测即將公布的盈利超过600 mlns

14 seconds ago

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