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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.
  wallstreetrookie Why Genting spend on Empire Resort when it could spend money on venturing into gloves. Oh my god 19/10/2020 7:38 PM flyingtomoon2020 https://www.freemalaysiatoday.com/category/nation/2020/10/19/4-digit-daily-cases-if-current-infection-rate-remains-says-noor-hisham/ 19/10/2020 8:11 PM SHQuah Shareinvestor88.....if you do not like Genting, please go somewhere else, don't keep on talk cock here. 19/10/2020 8:32 PM positive_investor There will be smashing news from genting so stay tuned. If you wanna make money better get in earlier. It won't stay the same soon :) 19/10/2020 9:04 PM Whoisthis Once the vaccine comes out, people will retaliate to consume and the world stock markets will also rebound retaliatory for sure! 19/10/2020 9:06 PM Whoisthis be patient, vaccine will probably be on the rack of phamacy near you by the end of november 19/10/2020 9:07 PM shareinvestor88 SHQUAH , I have shares in G GM. IT IS SINKING UNLESS VACCINE IS FOUND OR VENTURE INTO HEALTHCARE 19/10/2020 9:56 PM gamblegod Vaccine haha, flu vaccine in the market so long still unable to eliminate all flu. U think vaccine can kill covid easily. Don't be dream lah! 19/10/2020 9:57 PM Stockisnotfun Even mahsing and petronas such big company also already venture to glove biz la. Only this LKT so stubborn. His head only have casino, hotel and cruise. When people is closing down then he keep expanding. 19/10/2020 10:07 PM Stockisnotfun PETALING JAYA: Petronas Chemicals Group Bhd (PetChem) and LG Chem will venture into the rubber glove industry and have inked an ... 19/10/2020 10:21 PM wallstreetrookie Genting could’ve easily ventured into gloves but instead they spent it on share buybacks and investing in another shit company called Empire Resorts. Good job LKT probably ran already with some of his proxy accounts. F this shit 19/10/2020 10:30 PM wallstreetrookie They have a little bit of O&G, some plantation fields, property and some investments. Genting > Mahsing. Venturing into gloves WAS peanuts for Genting. But now due to their consecutive bad decisions, they’ve ran out of liquidity. 19/10/2020 10:32 PM wallstreetrookie Can you guys imagine Genting being so much bigger than Mahsing can’t venture into gloves BIGGEST JOKE of the century 19/10/2020 10:33 PM wallstreetrookie Ran out of cash la. You forgot in March, Genting kept doing share buybacks to “save” GENM and Genting meh? Now they cannot liao 19/10/2020 10:35 PM wallstreetrookie Bought Genting during March still can lose money. What kind of garbage counter is this haha 19/10/2020 10:36 PM Stockisnotfun My portfolio all green except this one red like until my eye is blind haha 19/10/2020 11:48 PM Sharefisher Some people just like say something stupid... Don't know they like to do that. Maybe they are really stupid. Hahaha.... 20/10/2020 7:49 AM positive_investor Oh you don't wanna hold or buy? Better sell yours ASAP. I guarantee you, funds are accumulating :) 20/10/2020 8:55 AM positive_investor Try look beyond its casino businesses because you don't know what you're buying into :) 20/10/2020 8:56 AM  Pinky Who is that joker saying Genting should go into gloves lol Might as well ask TNB make condoms Maybank go into 4D AirAsia go into nuclear power plants Hahahahahahaha 20/10/2020 9:44 AM DestinyL They should do some study lah Mahsing was into manufacturing before they went into property, hence barrier to entry is not big Petronas has oleo manufacturing as well Like today you ask a white collar worker go and do construction also die la 20/10/2020 9:52 AM Pinky Mahsing background was plastic products https://www.mahsing.com.my/who-we-are/our-story 20/10/2020 10:10 AM positive_investor Glovemaking business is opportunistic only won't last long. Also too many venturing into it...the pie is getting smaller 20/10/2020 10:11 AM wallstreetrookie Like I care about Genting lolll. Who cares about the casino business. Tourism/hospitality is fked for this year. What can you do? Diversify 20/10/2020 10:24 AM wallstreetrookie You bought a lot of Genting and stuck so don’t lure people into buying la. 20/10/2020 10:25 AM wallstreetrookie @positive_investor Simple. Because you missed the boat. Didn’t buy gloves so another sour grape. Don’t get too emotionally attached with Genting. You don’t owe Genting anything 20/10/2020 10:26 AM wallstreetrookie I will still hold Genting. But can’t ignore the fact that Genting is in hot waters until the end of year. 20/10/2020 10:29 AM DestinyL I don't think glove biz is doomed lol Just that the price has gone up too much Glove business will still do okay, just don't look at the share price as a gauge New entry will still find it hard to compete with big glove makers due to lousy cost efficiency. 20/10/2020 10:30 AM wallstreetrookie Ok la. I admit I’m a little unrealistic about Genting venturing into gloves. But gloves business isn’t going to decline. Seriously Genting could’ve used that 500+M in Empire Resort somewhere else 20/10/2020 10:32 AM wallstreetrookie @positive_investor please la You don’t owe Genting anything. Spend some time in other counters. It’s not worth your energy to promote this counter. For new investors wait until there is CLEAR sign of a vaccine coming out then buy. You will have plenty of time to buy when vaccine comes out . 20/10/2020 10:34 AM Stockisnotfun You all don't know whats acquisition or partner is it? Genting no need to have existing factory to venture to glove one ma. There's are hundreds of small glove factory out there. Dare to acquire empire resort this stupid cake but not dare to venture in glove industry. 20/10/2020 10:47 AM positive_investor wallstreetrookie, why you so angry? You've done well or not? I'm not interested to reveal my investments to you :) 20/10/2020 10:55 AM positive_investor You think only gloves made multiples of money? Like a frog under shells :) 20/10/2020 10:58 AM  |
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