Highlights
KLSE: GENTING (3182)       GENTING BHD MAIN : Consumer
Last Price Today's Change   Day's Range   Trading Volume
3.98   +0.11 (2.84%)  3.92 - 4.02  5,323,100
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Overview

Market Cap: 15,430 Million
NOSH: 3,877 Million
Avg Volume (4 weeks):10,199,984
4 Weeks Range:3.83 - 4.56
4 Weeks Price Volatility (%):
20.55%
52 Weeks Range:2.91 - 5.73
52 Weeks Price Volatility (%):
37.94%
Average Price Target: 4.55
Price Target Upside/Downside: +0.57

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2020 [#3]  |  26-Nov-2020
Next QR | Est. Ann. Date: 31-Dec-2020  |  27-Feb-2021
T4Q P/E | EY: -29.66  |  -3.37%
T4Q DY | Payout %: 5.49%  |  - %
T4Q NAPS | P/NAPS: 8.5715  |  0.46
T4Q NP Margin | ROE: -9.37%  |  -1.57%

Headlines

Date Subject
15-Jan-2021 疫情冲击 云顶英国第四家赌场关闭
05-Jan-2021 Gaming - Improving Fortune
04-Jan-2021 Market Strategy: 1Q21 Investment Strategy - On the Cusp of Recovery
04-Dec-2020 马股系列 – 浅谈云顶 GENTING 3182 & Q3季报业绩
02-Dec-2020 3QCY20 Results Review - The View Looks Better Ahead
27-Nov-2020 Genting Bhd - Visitation Growth Will Remain Volatile Going Into 2021
27-Nov-2020 Genting Berhad - Lower-Than-Expected Losses
27-Nov-2020 Mplus Market Pulse - 27 Nov 2020
27-Nov-2020 Genting Bhd - On Track To Earnings Recovery
27-Nov-2020 Genting - Drag from UK and US operations
24-Nov-2020 富时罗素半年检讨 | 速柏玛料取代KLCC产托 云顶云顶大马可保综指股
24-Nov-2020 Investment Strategy - FBMKLCI December 2020 Review
16-Nov-2020 浅谈股市系列 - 疫情受益 VS 疫情复苏 GENTING, PBBANK, CARLSBG
16-Nov-2020 Genting Bhd - Better-than-expected GENS’ Results
19-Oct-2020 Mplus Market Pulse - 19 Oct 2020
18-Oct-2020 Genting Berhad - Not The Right Time To Build Positions
15-Oct-2020 云顶16.6亿投资纽约赌场新酒店
08-Oct-2020 百大公司榜首 ·高出最低薪343倍 ·云顶董事薪酬1.72亿
05-Oct-2020 Gaming - Better Odds
24-Sep-2020 GENTING mentioned impacts of Covid-19 caused to its business remains uncertain

Business 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.
Analyze this stock with MQ Trader system

  26 people like this.
 
virust We shall prefer a full lock down at once instead of so any MCO, EMCO, CMCO or other funny SOP in action. This is the most effective way to combat the outbreak. Short term pain led to clear future path sound better.
26/01/2021 10:40 AM
InvisibleHand Need a nice long visit to 3.90 then close above 4... that way, we’ll have a reversal shadow... close below 3.87 though, ugly...
26/01/2021 10:43 AM
virust https://www.today.com/video/dr-fauci-double-masking-against-mutant-coronavirus-just-makes-common-sense-99959365958

By right, this outbreak can be easily wipe out just wearing a better mask or double up. Vaccines just as an optional choice if difficult to do so.
26/01/2021 10:45 AM
InvisibleHand @virust very true... except try to get that simple public health advise through to the majority of stubborn sop violators
26/01/2021 10:47 AM
DestinyL It didn't go down back to 3.90 but it did go to about 3.95, I guess that will do lol
26/01/2021 10:47 AM
InvisibleHand Shadow not long enough ;-) ... but I guess a thick green rectangle 20 cents in length, no one will complain :-))
26/01/2021 10:49 AM
virust How a person mindset is crucial. I take this outbreak as an opportunity and source of wealth. I can't beat the virus but it can't touch me as well. I still remember that I bought 10pcs of face mask for RM10 and 1pc of cloth mask for RM4.60 which always wearing 1 face mask together with the cloth mask. I never throw the mask instead soak in soap water, dry and reuse again and again until now. My cost to combat the virus is RM14.60 only, totally environment friendly and its working till now.
26/01/2021 11:18 AM
neohts https://www.thestar.com.my/aseanplus/aseanplus-news/2021/01/26/malaysia039s-covid-19-mco-may-not-extend-beyond-feb-4-health-ministry

PUTRAJAYA (The Star/ANN) The second movement control order, or MCO 2.0, may not be extended from the tentative Feb 4 end date, says the Health Ministry.

Health director-general Tan Sri Dr Noor Hisham Abdullah (pic) said the government was concerned that a prolonged MCO would be too detrimental to the country's economy.

After the four-week MCO period, the government will then possibly reinstate the conditional MCO.

"We do not want to prolong the MCO. If it is prolonged, our economy could be affected. We need to balance health and economy, life and livelihood.

"So, we implement the MCO until Feb 4 and follow up with the conditional MCO.
26/01/2021 11:21 AM
neohts If MCO stop at Feb 4, Then Chinese New Year Genting hotel and Casino again full of visitors.
26/01/2021 11:22 AM
UnkleLim https://www.theedgemarkets.com/article/genting-new-york-operations-may-see-sharp-recovery-after-covid19driven-shutdown-—-sp-global?type=malaysia
26/01/2021 11:26 AM
Gaogaolat after 204。。。。cmco I think all the shop can open but still the same cannot cross 10km
26/01/2021 11:37 AM
DestinyL Two times retreat to 3.95, double shadow for you @InvisibleHand
26/01/2021 11:48 AM
Sharefisher I think Genting biggest problem is it is listed in Malaysia and a lot of Malaysian retailers. we are having this MCO lah cmco lah...it is affecting the mood. Genting is having the businesses around the world, but you see the comments here, it is like genting only operates in Malaysia.
26/01/2021 11:49 AM
DestinyL Need to wait for FF to really fly
26/01/2021 11:51 AM
DestinyL Local GLC big funds don't touch also
26/01/2021 11:52 AM
Bgt 9963 Add...!
26/01/2021 11:55 AM
Stocksafeplayer Agree w Sharefisher...Msia is pulled diwn by our mediocre politicians. Always argue n talk alot.

Further to UnkleLim’s sharing,
https://www.fitchratings.com/research/corporate-finance/fitch-assigns-genting-new-york-first-time-idr-of-bbb-negative-rates-proposed-notes-25-01-2021

Bottomline...Genting shares WILL recover. Hve to wait....forced to close in Msia Again...Geez Boleh Land!
26/01/2021 12:01 PM
752_michael_chan PM Muhyiddin, Dr Noor Hisham Abdullah and many of our ministers are playing this counter.. they can't push up the price but it's much easier for them to push it down. Haha..
26/01/2021 12:08 PM
stkoay Our "god of wealth" MIA ?
26/01/2021 12:09 PM
Zuliana Genting produces Covid drugs...
Should be Genting...get higher price.
26/01/2021 12:09 PM
UnkleLim Yeap. Listing in Malaysia is a big mistake. Penny shares can go so much up but good companies keep on being press down.

Disney is at all time high, Genting is still hovering around all time low. Sri Trang is going up since November even though vaccine news out. Topglove is being pull down since November.
26/01/2021 12:10 PM
twynstar In week after 2nd Pfizer vaccine shot, only 20 of 128,000 Israelis get COVID



Israel’s Maccabi Healthcare Services revealed Monday that only 0.015 percent of people are getting infected in the week after receiving their second shot.

“These are very good results, and if it continues this way it could even be that the vaccine is more effective than Pfizer thought it would be based on clinical trials,”

Ekka Zohar also noted that she found that none of the 20 vaccinees was hospitalized or suffered from a fever higher than 38.5 degrees. That may be an indicator that the vaccine prevents serious illness even when people are infected,



https://www.timesofisrael.com/week-after-2nd-pfizer-vaccine-shot-only-20-of-128000-israelis-get-covid/
26/01/2021 12:14 PM
752_michael_chan Sea of red except klci green..green
26/01/2021 12:19 PM
AngTayKor Looks like a standard H&S pattern formed. Left shoulder peak rm4.45 on 17/11/20, Head peak at rm4.98 on 14/12/20, left shoulder peak at rm4.34 on 15/02/21. Neckline at rm4.0 zone. Price now trading below the neckline.

Another way to look at recent chart formation is an upward sloping neckline H&S formation which has already formed at an earlier date. Left shoulder peak rm4.45 on 17/11/20, Head peak at rm4.98 on 14/12/20, left shoulder peak at rm 4.59 on 28/12/20. Price trading below this neckline since 07/01/21.

In both instances, price has broken below the neckline.

Mai luan luan lai first.
26/01/2021 12:23 PM
752_michael_chan Thanks AngTayKor. I'm still waiting to collect more..yes, following your trading strategy.. Mai luan luan lai..kamsia
26/01/2021 12:32 PM
emsvsi As shared earlier

Before the travel ban was lifted on Dec 7, in the week of 30 Nov - 4 Dec , Genting share price range was between RM 4.06 - 4.25

Difference now is 1) Pfizer-BioNTech vaccine is coming Feb next month 2) Other vaccines are coming 3) Celularity Inc listing
26/01/2021 12:33 PM
stkoay Trader and investor use different strategy...

...trader buy when price start to move...buy high to sell higher

...investor buy when price is attractive...buy low to keep

...I am not good at trading, so I buy low for long term.
26/01/2021 12:33 PM
DestinyL TA can be easily fooled by big news

If more stories like the Israel 2nd covid shot results comes up, or other vaccine good news, whatever TA pun tak boleh pakai
Just like during end December, TA 200 broke through uptrend, Muhyiddin just announce MCO semua koyak lol
26/01/2021 12:33 PM
DestinyL Topped up another 2k G shares at 3.96
Also bought some UMW and SPSetia
26/01/2021 12:36 PM
752_michael_chan Agreed. Politicians trading move is critical..
26/01/2021 12:37 PM
InvisibleHand @DestinyL ok hourly double bottom, short term close 4.05 for the day :-p
26/01/2021 12:37 PM
AngTayKor Posted by Goldgent > Jan 26, 2021 12:27 PM | Report Abuse

Haha...trader posted again. How many posts he wants to send in a day?

----------------------------------------------------------------------
You can counter check my H&S pattern post on all the various peaks and dates and draw the neckline yourself see if they are true or not. Im talking about chart of this stock. The chart shows facts of price action of this stock. Up to you to take advantage of my charting knowledge. Im doing real contribution here.
26/01/2021 12:38 PM
Sharefisher OK ok... Trader tell us when is good buy, we hold tight tight to help traders.. Everyone happy?
26/01/2021 12:40 PM
emsvsi Target Price (at 26 Jan 2021 @ 12.30pm)
--------------------------------

1st TP: RM 7.55 (Market Capitalisation of Listed Entity only)

Entity: Ownership (%) and Market Capitalisation and Exchange Rate = Value (RM Billion) at Share Price or Value per Genting share

GenS: 52.7% x SGD 10.436 bil x 3.05 = RM 16.775 bil (@ SGD0.865 or 86.5c) or RM4.32

GenM: 49.5% x MYR 14.311 bil = RM 6.996 bil (@ RM2.38) or RM1.80

GenP: 55.4% x MYR 8.749 bil = RM 4.802 bil (@ RM9.66) or RM1.24

Celularity: 10% x USD 1.7 bil 4.04 = RM0.687 bil (*2Q21 listing; assumes 10% only) or RM0.177

Number of Shares: 3.877 bil

Most conservative method taking into account the market capitalisation of GenS GenM GenP only, while assigning ZERO value to Energy, Life Sciences, Management Services etc

Even at the most conservative target price RM7.55, the upside potential from current share price RM3.98 is significant i.e. 89.6%

Remember, GenS makes up the bulk of GenT value and the value of GenS alone is RM4.33 per Genting share
26/01/2021 12:40 PM
InvisibleHand @DestinyL ultimate momentum trader... trust your instincts...

Yes @ATK your TA calls have been spot on
26/01/2021 12:41 PM
InvisibleHand Appreciate you pointing out key levels. Helps us flag when pattern broken too, for instance, what close today/this week will negate h&s?
26/01/2021 12:45 PM
AngTayKor I have identified 2 price zones to watch. Its already drawn on my chart but that I cannot say it openly. The syndicate may be reading posts here. I can be quite active on this stock on certain days, hence prefer to stay silent.
26/01/2021 12:54 PM
Sharefisher I am more concerned about today number...... Below 3k, good, above 4k....chiat lat again. Haha ha... Malaysia retailers mentality.
26/01/2021 12:57 PM
InvisibleHand Eh @Sharefisher you talking 4d or what? :-))
26/01/2021 1:09 PM
Stockisnotfun Yesterday is knee jerk reaction because of them lockdown rumours.

For those who haven't enter one, i still insist to buy 4 , 3.5, 3.

First position should build around 3.5 to 4 range.
Want further top up one the closely monitor the daily covid cases until 4 Feb.

Simple.
26/01/2021 1:15 PM
Sharefisher Ha ha ha..
26/01/2021 1:16 PM
AngTayKor Regional market lausai. Dow futures red. Im depending on Indian astrology prophecy for this stock to hit my buy zones then I will load up my machine gun and look into the telescope.

Meanwhile mai luan luan lai first. (1) Timing, (2) Right frame of mind and (3) Position sizing. These 3 elements are very critical for successful trading.
26/01/2021 1:23 PM
752_michael_chan Ya, Singapore market...sibei jialat. GenS touching 855 now
26/01/2021 1:27 PM
InvisibleHand Ok lah, gens has outperformed genting so much that it wouldn’t affect genting prices at this level. When it went up before, mothership came off...
26/01/2021 1:29 PM
752_michael_chan Ok. Hoping to collect cheap.. cheap mah. haha
26/01/2021 1:35 PM
Goldgent The Star: S&P assigns BBB minus to Genting NY, outlook negative
https://www.thestar.com.my/business/business-news/2021/01/26/sp-assigns-bbb-minus-to-genting-ny-outlook-negative
The Edge: Genting New York operations may see sharp recovery after Covid-19-driven shutdown — S&P Global
https://www.theedgemarkets.com/article/genting-new-york-operations-may-see-sharp-recovery-after-covid19driven-shutdown-%E2%80%94-sp-global
26/01/2021 1:40 PM
neohts https://www.theedgemarkets.com/article/genting-new-york-operations-may-see-sharp-recovery-after-covid19driven-shutdown-%E2%80%94-sp-global

Genting New York operations may see sharp recovery after Covid-19-driven shutdown — S&P Global

KUALA LUMPUR (Jan 26): S&P Global Ratings expects Genting Malaysia Bhd’s (GenM) wholly-owned subsidiary Genting New York LLC to register a sharp recovery after the Covid-19 pandemic-driven shutdown as Genting New York operations are located at the heart of the metropolitan area in New York and has a low dependency on tourists for gaming revenue.

In a note yesterday, S&P Global Ratings said that like other casinos, Genting New York’s operations were closed for six months from March 2020 due to the pandemic.

"However, with the resumption of normal operations from September to mid-November 2020, Genting New York's business was already nearly back to pre-Covid-19 levels,” S&P Global Ratings analysts Shawn Park, Simon Wong and Christina Lim wrote in the note.

"We expect Genting New York's operations to recover more strongly than Genting's other gaming locations, such as Singapore and Malaysia.

"Over the long term, we see opportunities for Genting New York to further expand its operations. As the biggest taxpayer in the state of New York, the company will be a front runner in bidding for potential casino licences or other business opportunities, in our view,” they said.

According to Genting Bhd’s website, Genting Bhd owns a 49.5% stake in GenM, which in turn holds a 100% stake in Genting New York.

The Genting Group comprises Genting Bhd and its listed companies GenM, Genting Plantations Bhd and Genting Singapore Ltd, as well as its wholly-owned unlisted subsidiaries Genting Energy Ltd and Resorts World Las Vegas LLC, according to Genting Bhd.

In S&P Global Ratings’ note, the analysts said Genting New York is a highly-strategic subsidiary of the Genting Group.
26/01/2021 1:43 PM
Philan008 yea just beware this 2 weeks, will be volatile, if got more than 4k covid cases, you know Bursa will be red next day, and I think there will be more... Lets see... Feb-March is good loading time....

We should be grateful, they are giving us one last moment to load up before launching starting March when vaccines are rolled out, dont get why ppl complaining....
26/01/2021 1:44 PM
Sharefisher Trader see charts to buy and sell. Philan008, you and I use covid infected case number to invest.... Haha ha...
26/01/2021 1:56 PM
Zuliana AngTayKor >>Regional market lausai. Dow futures red. Im depending on Indian astrology prophecy for this stock to hit my buy zones then I will load up my machine gun and look into the telescope.

Meanwhile mai luan luan lai first. (1) Timing, (2) Right frame of mind and (3) Position sizing. These 3 elements are very critical for successful trading.
26/01/2021 1:23 PM

————

Sifu AngTayKor,

Your strategies are a mix of belief in Indian astrologer mambo jumbo AND semi scientific apparatus like (1) Timing, (2) Right frame of mind and (3) Position sizing.

I salute you.
Your semi scientific apparatus like (1) Timing, (2) Right frame of mind and (3) Position sizing, i will follow. But your Indian Astrologer... are too fantasy for me.

I appreciate your teachings here.
26/01/2021 2:04 PM


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