KLSE: GENTING (3182)       GENTING BHD MAIN : Consumer
Last Price Today's Change   Day's Range   Trading Volume
4.25   +0.17 (4.17%)  4.04 - 4.28  14,275,400
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  25 people like this.
thestockoracle losses does not mean it will go down... it only means buy more for it to go up as covid will be over soon and vaccine is coming out in Dec...
26/11/2020 7:56 PM
Sharefisher To us, normal genting shareholder loss is 130 million. To me, Q to Q, result is not so bad, for those bought low and wanted to keep for long term, no issue. Those bought above 4 and expect another run after QR, your dream may be not coming true.... Let's see what is the reaction tomorrow, sure some will waiting to grab if drop to attractive level.
26/11/2020 7:56 PM
Junichiro Genting does not own 100% of its subsidiaries, part of it is owned by LTK's private companies. Deducting the loss not attributable to Genting shareholders, the loss to Genting is 130 million.
26/11/2020 7:59 PM
Michael Dreamun Big improvement results!
26/11/2020 8:00 PM
Stockisnotfun As i always say current price range already factor in the next qr. Their next qr most likely won't breakeven under the assumption that government currently implemented the EMCO.
Their loss most likely will extend untill next qr.
26/11/2020 8:07 PM
bose00 Already an improvement
26/11/2020 8:09 PM
Junichiro Most of its losses have been offset by other subsidiary companies like Genplt, Gens, China businesses etc.
26/11/2020 8:12 PM
Steveleehs Very Good improvement :)
There is big possibility tomorrow will Up Up!!
Airasia big lossess:Up for second day already
MGM losses:Up Up Up

Worst is over for GENTING.
Invest tomorrow for mid of next year return.:)
26/11/2020 8:26 PM
tkl88 Budget 2021 approved by Dewan Rakyat

Ahmad Naqib Idris/theedgemarkets.com
November 26, 2020 15:32 pm +08

KUALA LUMPUR (Nov 26): After a heated session during Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz’s wrapping-up speech on Budget 2021, the bill was approved at the policy stage.
Towards the end of the session, Dewan Rakyat Speaker Datuk Azhar Azizan Harun asked for a show of hands of those for and against the budget, and decided that there were more Members of Parliament (MPs) who agreed with the budget, although Pokok Sena MP Datuk Mahfuz Omar interjected and motioned for a tally of the votes.
However, this required 15 MPs to support the call for a tally. Only 13 stood up in support of the tally, according to the Speaker.
“There are fewer than 15 people [supporting the call for a tally]. There are more voices [in agreement with the budget]. The bill will see its second reading now,” he said.
The wrap-up by the minister was a heated one as ruling and opposition MPs furiously interjected for clarifications of certain issues, including the expansion of the Employees Provident Fund's (EPF) i-Sinar facility to include those receiving pay cuts due to the Covid-19 pandemic.
Subang MP Wong Chen claimed that the EPF’s inflows amount to no more than RM20 billion per year, and therefore could not cover the total increased allocation of RM70 billion for the i-Sinar facility.
“Where is the EPF going to find the extra RM50 billion? Are they going to sell their shareholdings in listed companies on Bursa Malaysia? If this hits the headlines tomorrow, we will have a big problem,” he said.
However, Tengku Zafrul clarified that the EPF is seeing inflows of RM80 billion per year, adding that the Ministry of Finance (MoF) had looked into the matter.
“I would like to correct the facts. We conducted a detailed analysis of this for over a week. Actually, the inflows are not RM20 billion, RM30 billion or RM40 billion. It is RM80 billion per year,” responded the minister.
Following that, Wong pointed out that withdrawals by contributors, amounting to RM40 billion to RM50 billion per year, had to be taken into account as well — before his microphone was muted by the Speaker.
The session quickly devolved into a shouting match among the MPs, which resulted in intermittent muting of the MPs’ microphones by a visibly irritated Speaker.
“This is embarrassing behaviour. We are debating on the budget and this is how we are behaving? The rakyat are watching all of us here!” he said.
Other points mentioned during Tengku Zafrul's speech included a reduction in allocation for the Special Affairs Department (JASA) to make way for increases in other allocations, although he did not elaborate.
On the various proposals for a further extension of the loan moratorium, he said all who are eligible — whether they are in the B40, M40 or T20 category — will be able to request for various forms of assistance, which also include reducing or rescheduling loan repayments, from their respective banks.
26/11/2020 8:36 PM
investmalysia Lucky got top up at 4.05
26/11/2020 8:47 PM
Goldgent The Edge: Genting Malaysia’s 3Q net loss narrows q-o-q as operations resume
26/11/2020 8:51 PM
AngTayKor Q4 results will be worse than Q3 :(
26/11/2020 8:52 PM
sell Kenanga cheating IB? Why loss never forecast?
26/11/2020 8:52 PM
Stockisnotfun Ya the loss for Q4 result will be extended. Sadz. Vaccine coming but still not yet able to save Genting haha.

“Given the dynamic operating environments both locally and abroad, uncertainties surrounding the full impact of the pandemic on the group’s operations and financial performance remain.

“The board wishes to caution that the group expects its financial results for the financial year ending Dec 31, 2020 (FY20) to be adversely impacted,
26/11/2020 8:54 PM
Stockisnotfun Lol very easy lo. IB already accumulate since RM 3 now until RM4.2. Already slowly collect and distribute to you all on the news of vaccine released. Else how they can offload Genting completely?

Anyway still come to papa!
26/11/2020 8:56 PM
sell Like that also can? Not base on QR?
26/11/2020 8:59 PM
sell PN not good govn cannot control IBs' which does cheating.
26/11/2020 9:00 PM
Stockisnotfun I guess they already know the news already. Not sure current price is already factor in this QR or not. That's why didn't see genting push beyond this price range during this few weeks. Selling pressure keep surrounding at this price range.
26/11/2020 9:07 PM
Junichiro Genting is just a holding company of many subsidiary companies. Some subsidiary may make loss while others may make profit. It does not mean that just Genm makes big losses, so Genting must also make big losses. It is a matter of offsetting profit n losses.
26/11/2020 9:18 PM
Goldgent Sinchew
26/11/2020 9:18 PM
benng6197 @sell FYI,
IB owe you nothing, they have no responsibility to help you make profit,
if you choose to believe their TP and loss money,
it is your fault.
26/11/2020 9:19 PM
sharewiz118 Fact is Genting revenue certainly has improved and would recover sooner than expected. It's potentially going uptrend
26/11/2020 9:22 PM
Pinky @sell stop making a clown of yourself
26/11/2020 9:28 PM
newbie2019 offloaded 5,000 shares which were picked up at 4.05 BUT I WAS BUSY AND SET TO SELL at 4.14
26/11/2020 9:41 PM
newbie2019 let’s see ada chance picking some back
26/11/2020 9:42 PM
Sharefisher My advice is tomorrow morning don't move weather sell or buy.... Afternoon only consider.... Lol...... Haha ha.. Don't blame me if situation goes against you.
26/11/2020 10:02 PM
InvisibleHand -0.12/share versus -0.07/share estimate -> not good. QoQ continues to improve -> good. We’re in q4 now and UK casinos under GenM still closed. Sentiments still appear mixed short term. Long term holders should be relieved we cleared two event risks today, country budget and quarterly report.
26/11/2020 10:11 PM
mita29 UK worst recession in 300 years, brexit means prolonging the depression. Maybe Boris should consider helicopter money so that British ppl could contribute more to Genting UK.
26/11/2020 10:14 PM
Stockisnotfun Lol uncle lim got optimistic thinking is nice. But no harm to only expand your hospitality and tourism after covid 19 ended, right?

Why must only expand amidst of this situation?
Got so much money also don't waste like that lo. Don't see the point. Expand before covid 19 ended vs covid 19 ended got much big difference?
26/11/2020 10:20 PM
InvisibleHand As Churchill quotes, “never let a good crisis go to waste...”
26/11/2020 10:26 PM
InvisibleHand And Buffett, “fearful when others are greedy, and greedy when others are fearful.”
26/11/2020 10:37 PM
InvisibleHand Put them together, and it’s clear
26/11/2020 10:38 PM
mita29 Do you guys even pay attention to international news? look at this long line stretching miles waiting to get free food in USA. Maybe after getting free food they have extra cash to gamble at LAS VEGAS GENTING kah? I donno, make your own analysis. https://edition.cnn.com/2020/11/15/us/dallas-texas-food-bank-coronavirus/index.html
26/11/2020 10:50 PM
Sharefisher Gens making profit is what I see...... Mita29. Don't be surprised if GENM making profit in Q1-2021.
26/11/2020 10:54 PM
JayC88 ok tmr queue back at 3.60 hopefully can match.
26/11/2020 10:54 PM
Sharefisher JayC88, 3.80 is better bet.... Lol haha..
26/11/2020 10:56 PM
JayC88 I've gotten in earlier but willing to add if it dips to 3.60. Trading warrants easier la, C90 buy low sell high, rinse and repeat.
26/11/2020 10:58 PM
Godofgambler Tomorrow fly!!!!
Losses narrowed!!!!
26/11/2020 11:23 PM
Eric Lim 6.00 coming
26/11/2020 11:28 PM
Riaz1954 Very interesting comments by some! Why were people expecting a profit? The results are good showing very good recovery, net loss to shareholders is down to 138 m compared to 786m first half. The trend has changed from 2nd half....share price was 410 before announcing of half results. Compare this AA whose losses have increased each qtr! I expect price to remain same or go higher based future trend.
26/11/2020 11:32 PM
TsanleyHo all jokers saying good result. haha. obviously they are not like AA. the land belongs to them and they already fired those who worked with them below 10 years. losses will continue till Q2 2021. cover vaccine? hahaha. we will see. please study world cover news before talking.
27/11/2020 12:20 AM
Goldgent TsanleyHo = Macau Stanley Ho?
27/11/2020 12:30 AM
TsanleyHo https://www.theedgemarkets.com/article/employee-resorts-world-genting-tested-positive-covid19

congratulations. its a celebration. genting cluster. how? up or down? i need all sinkalan advice before buy.
27/11/2020 12:34 AM
JBond007 Oops...Stanley Ho also came to i3. 咸鱼翻身!Really scared.
27/11/2020 12:35 AM
Keyman188 OMG...Unexpected latest performance better than expected...

Where is karma + retribution sohai + dumb coward hiding !!!

We all so long didn't heard "are you creating panic"...."please don't spread panic"...."No hope , sell"...."BUY BUY or BYE BYE"....

Hello are you still alive !!!....Don't be coward hiding now......

Genting Group shareholders need you now to give more & more speech...

A lot of members here still not enough accumulation QUOTA......

Where is your tp 2 / 2.50 !!!......

Long long waiting until the neck longer than giraffe......kekeke...kekeke...
27/11/2020 12:36 AM
Melvin Lim If genting back to profit we should see the share price at around rm5-6
27/11/2020 12:54 AM
uptrending Genting Singapore market capitalization @S$0.85 is S$10.28B

Genting Berhad holds 52.8% Genting Singapore. 52.8% of Genting Singapore has a Market Cap of S$5.42B or RM16. 49B

Genting Berhad Market Cap @rm4.25 is Rm16. 47B

So just the market Cap of 52.8% Genting Singapore is already equivalent to 100% market Cap of its holding company GENTING BERHAD.

Buying 1 share in Genting Berhad is equivalent to buying 1 share in Genting Singapore and getting the rest of GenM, GenP, GenLV, Genting Energy, etc.. for FREE
27/11/2020 1:14 AM
AngTayKor Singapore RWS at standalone is making money and gunning for lucrative Yokohama casino license. At Genting bhd group level still losing money, USA operation is a real drag. Super heavy investment and low returns.
27/11/2020 1:28 AM
InvisibleHand Good analysis @uptrending! Your interpretation is optimistic. To the pessimists, it appears as if the holding company is overvalued, since the price does not reflect losses in GenM but only the whole value of GenS :-/
27/11/2020 1:47 AM
InvisibleHand Best scenario on Friday (for longs) is to hold the ‘new’ range and be boring +/- 5 sen.
27/11/2020 1:52 AM