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Overview
Financial Highlight
HeadlinesBusiness Background Genting is a diversified holdings company primarily operating in the resorts and casinos industry. The company’s primary business segment is Leisure & Hospitality, but the business has several smaller segments: Plantation, Power, Property, Oil & Gas, and Investments & Other. The Leisure & Hospitality segment operates numerous resorts worldwide, many of which have casinos, theme parks, concerts, restaurants, and retail shopping locations. Additionally, the company has diversified segments, which control farmland, oil and gas, and real estate. The company generates the vast majority of its revenue in Malaysia.
  mushimushi I think I know why there's a lot of crazy people here. These people may have lost a ton of money gambling at Genting Casino, now they have grudges on Genting, wishing it crash and burn 🤣 17/10/2024 12:34 PM MoneyMakers GB EPS 40sen - PE ratio 10x Undervalue/overvalue?? seems fair value ‘for now’ 17/10/2024 12:38 PM  Balian de Ibelin wake up its already crashed and burned from RM11.00 plus to RM3.97 wakey wakey in future stop all the late nite sex and drugs can wake up and will do better in stock market. 17/10/2024 12:40 PM KooSan Sell..sell...sell...my uncle aunty sook pak heng tai 3 generations waiting to sapu 17/10/2024 12:43 PM ImCK this genting losing direction liao no point stay with this kind compny so many landbank but dont know how to optimize data centre renewable energy property now so hot in malaysia but dont have them . Empire Falling down honestly said only genting still worst than covid time before MCO end management wont feel shameless because they re OLD so dont put big hope in this company die soon 17/10/2024 1:16 PM  AngTayKor ALL LKT NEED IS A MIRACLE: https://youtu.be/rlm-SlJOhwg?si=NehBWrcnMY5zanPY 17/10/2024 2:58 PM AngTayKor Where is @MC the biggest perma bull here? So many fear mongers 踢管 Genting now. ATK just a "Non-Genting Investor", technically not qualified to defend LKT n Genting. 云顶现在好可怜 😫 ATK see liow also 💔. @MC please come out to fend off + roar back at fear mongers now!!! 17/10/2024 3:21 PM Balian de Ibelin @mc is busy doing a threesome Cuban cigar Brandy Chocolate. Food Connoisseurs claim this 3 taken together gives a Big Kick 17/10/2024 3:41 PM mushimushi https://youtu.be/rlm-SlJOhwg?si=NehBWrcnMY5zanPY Session ID = NehBWrcnMY5zanPY Now I know who you are AngayKlown 🤣🤣🤣🤣 17/10/2024 4:02 PM AngTayKor For months, @MC always said he bought and bought on the way down. Even last month he said he sold YTLP and going to buy GenB. Lead by example la. @MC should buy at least 100k shares now and post the transaction records here. Then his followers will have some confidence buy some also. All the cheering and bullish talk now no use liow. Put money down and show your confidence. Need real action lead by example, buy and show here. More steady. 17/10/2024 4:08 PM mushimushi Let me make a prediction, Kamala will win Simply because Biden and Democrats fixed the 2020 election because COVID must go on. Democrats and Biden wil once againl fix the 2024 election because the war must go on. 17/10/2024 4:09 PM AngTayKor Posted by Michael_chan2022 > 2024-03-12 12:11 | Report Abuse https://youtu.be/dIazk_tO1D0?si=Bc7cep0R3VvMENSg Real sifu is here, GenB strong support at RM4.98 ----------------- Posted by Michaelchan2024 > 1 month ago | Report Abuse https://youtu.be/a_Q0Ez52xrY?si=y31H8CZQJRWp_5-w Sifu has already hinted.. buy at 4.50 ----------------- Posted by Michaelchan2024 > | Report Abuse https://youtu.be/ux-TFyMUwok?si=4iMbl36dPu5KUn-Q Genting 云頂: 在业绩公布前，运用技术分析提前准备 ==> fake sifu hinted 4.30 will be the bottom ================ PRICE COLLAPSED TO 3,96 ================ @MC's stock trading sifu again ah? He got it wrong so many times liow from 5.00+, all the way down to 4.50 still wrong again. Latest video he said bottom at 4.30 zone. You watch for yourself........ so funny. Dont be scammed. Done be cheated. I suspect this ScamTube fake sifu is in cahoots with a big Genting shorting syndicate. Need naive retailers to buy their shorted shares. If no buyers willing to buy at high price, how the big shortie going to accumulate n execute their short trades at high price??? . 17/10/2024 4:17 PM AngTayKor Posted by mushimushi > 15 minutes ago | Report Abuse https://youtu.be/rlm-SlJOhwg?si=NehBWrcnMY5zanPY Session ID = NehBWrcnMY5zanPY Now I know who you are AngayKlown 🤣🤣🤣🤣 ----------- Aiya this track is from my 1980s disco song list. Perfect song for LKT now, he really need a miracle! 17/10/2024 4:21 PM ImCK see drop back liao haha genting holland station EMPIRE FALLEN sunset management 17/10/2024 4:51 PM AngTayKor Aiyo dont say liow la. The opponent already K.O down on fall liow please stop bashing him already. Very sad day for a lot of investors here. Tmr Friday, trader paranoid Israel bomb Iran + Iran bomb back Israel over the weekend. Trader experienced the nasty horror show recently had a fright. Anything can happen in the stock market, expect the unexpected. 17/10/2024 5:03 PM purple70 WIsh those here talking irrelevant matters cease. Make this forum one we can rely on as authoritative source. 17/10/2024 5:13 PM MoneyMakers Just ignore AngTKlown will be fine People sell 4.30 during qtr end - ‘empty tin milo’ hoohaa buy buy buy kikiki 17/10/2024 5:54 PM MoneyMakers Closing under 4.0 again (3.99) - huge late dump Tomorrow budget (sin tax) lets see if another big dump 17/10/2024 5:56 PM AngTayKor Posted by MoneyMakers > 19 minutes ago | Report Abuse Just ignore AngTKlown will be fine People sell 4.30 during qtr end - ‘empty tin milo’ hoohaa buy buy buy kikiki ---------- Aiyo Loser MM still BS slandering trader again n again. MM sold while trader bought near 4.10 zone. MM missed out the 4.31 rally still eating sour grapes until now. Loser MM jealousy to the max! 🤣🤣🤣 17/10/2024 6:20 PM AngTayKor Trader going to having steamboat with lobster, sponsored by Genting Bhd. MM ah, want to join me? Trader treat you lobster dinner la. 😋😘 17/10/2024 6:25 PM MoneyMakers AngTKlown Ur imagination dont have other food meh - everytime steamboat lobster Atleast change BS menu abit kikiki 17/10/2024 8:32 PM neohts Yesterday closing big volume buy up to 4.05. Today closing big volume selling down 3.99. How to explain? Who is buying and why ? Who is selling and why ? 17/10/2024 9:17 PM keyman Shortists dominate the market. Ask michael roar back to them.. Dont hide liaw.. Aiyo this time really loss until Ama doesnt recognize u Ah... Tell you already Lkt cant be trusted why you dont want to listen. Aiyohai... 17/10/2024 10:37 PM kllee Dragon year Genting performance so worse , how about next year snake year ? 17/10/2024 10:38 PM neohts https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3492340 5. The financial and operational impact of the Complaint on the GENM Group. As the Complaint is entirely baseless and without merit, we do not expect there to be any material impact on the financial results or operations of the GENM Group from such claims. 6. The expected losses, if any, arising from the Complaint. There are no expected losses, other than the cost of defence, on the basis that GAI firmly believes that the Complaint is entirely baseless and without merit. 7. The steps taken and proposed to be taken by GENM in respect of the Complaint. GAI is preparing a comprehensive response to the Complaint, which will be filed with the Court in the coming weeks. This announcement is dated 17 October 2024. 18/10/2024 8:36 AM neohts https://theedgemalaysia.com/node/730625 GenM says US$600m Bimini lawsuit won't impact its financial results, operations. UALA LUMPUR (Oct 17): Genting Malaysia Bhd (KL:GENM) said the lawsuit filed by RAV Bahamas Ltd, seeking over US$600 million (RM2.57 billion) in damages related to Resorts World Bimini's operations, will not materially impact the group's financial results or operations. “There are no expected losses, other than the cost of defence, on the basis that GAI [Genting Americas Inc] firmly believes that the complaint is entirely baseless and without merit,” GenM said on Thursday in a reply to queries by Bursa Malaysia regarding the circumstances behind the lawsuit. The casino operator said the group is currently preparing a comprehensive legal response, which will be filed with the court in the coming weeks. GenM described the claims as "malicious and baseless", and contended that RAV Bahamas and its principals are attempting to extract an unjustified payment and inflict reputational harm. GenM also responded to Bursa’s queries on the issue by saying that GAI, which is incorporated in Delaware, is not classified as a major subsidiary under the Bursa Malaysia Main Market listing requirements. GenM said the total cost of investment in GAI is consolidated within the group financial statements, and is “not publicly available on a standalone basis”, being merged under one account with its operations in the US and the Bahamas. The combined operations in the US and the Bahamas contributed RM1.88 million to the group's total revenue in the financial year ended Dec 31, 2023. 18/10/2024 8:50 AM neohts TauRX under GenB not GenM. So invest in GenB for better future. Christmas gift and Chinese new year Ang Pow. 18/10/2024 9:17 AM neohts Syndicates is collecting at current price daily with big volume up and down a few cents. Reason why ? because of TauRX. When the train start moving, there is no cheap ticket. 18/10/2024 9:23 AM khengs2003 can anyone provide forecast target price If TauRX failed to get approval = ?? If TauRX success to get approval = ?? Just wan to calculate the risk & profit ratio 18/10/2024 9:48 AM prudentinvestor Hence the US$600 million Bimini lawsuit is a non issue and Genting's downtrend should end. 18/10/2024 9:49 AM neohts My projection only, do you own home work. TauRX or Taufu If approve TP 6.50 If not approved 4.80 18/10/2024 10:02 AM AngTayKor Is RW Bimini still operating or going bankrupt liow? KNN the malicious claimant say until "financial wasteland" liabilities exceeded assets by usd hundreds of millions maciam like bankrupt liow 18/10/2024 10:02 AM mushimushi Where is AngayKlown? His energy is lesser and lesser when nobody read his posts 🤣 18/10/2024 10:02 AM AngTayKor LKT n Genting shd counter-sue RAV for damage in reputation! Now everyone thought LKT is a scumbag scammed own biz partner's money! 18/10/2024 10:05 AM AngTayKor Posted by mushimushi > 3 minutes ago | Report Abuse Where is AngayKlown? His energy is lesser and lesser when nobody read his posts 🤣 ----------- Aiya Loser chao ah gua mushi, morning want to be the first to start again ah? Whats your fa.rking problem? Lose money in stock market nevermind la, dont lose your mind n your credibility here. Lu kee hor gao kan la. 18/10/2024 10:09 AM AngTayKor Trader trade with trends. No need to fear monger here everyone including trader are ikan bilis cannot move the market. When i sell or buy, im on the right side of the market, the purest form of natural allies are selling or buying together with me. 18/10/2024 10:15 AM ImCK Management too weak every step also slow than peer MGM partner with playtech 300million population is US cant even earn 300MILLION USD back to malaysia 😁 how many year already 18/10/2024 10:38 AM  | |
