Volume is huuuuuuge

Red day, Genting making this move is going to attract attention

Go go go!

Ok Wei Hong, you can sell on strength then

If due to news on full gambling on RWNY, GenM should move first, or in tandem with G

Shhh.... let others collect, those not knowing Taurx may think it is a hoax

Alamak, newbie not familiar with Taurx

Kaboom?

Thanks JBond

Excerpt:
TauRx Announcement Highlights:
LUCIDITY data suggest that participants receiving hydromethylthionine mesylate (“HMTM”) decline at a rate substantially less than is typical in Alzheimer’s based on published research.
Safety profile is favourable and consistent with previous HMTM studies.
TauRx will now pursue regulatory submission and coverage for HMTM.

Geesus, still surging price+volume

Mother up, child stagnant

RM5 and RM3, both are on par again

Look at the voluuuuuuume

Oh, he's still here.... lol

So sad for those who sold, hope not due to the "expert" advice

5% up, something brewing?

What's the news?

OMG, touching 5

Holidays are part and parcel, its a repeated cycle
Its not really a "boost"

Aiya, a week ago he was positive, suddenly this week turn totally negative
Wanted to buy back lower but market went up a little

These days ppl will lie, spoof and twist to try influence the market
Sad indeed, gone are the days of internet truth
Open your eyes big big wide wide guys

Aiya, see his post history la, all Genting GenM
I'll take it with half a pinch of salt
I also sense he is a dupe of another trader here, muahahaha

Nothing bad la Sharefisher, just sayang you sold a few cents lower only, no biggy
(SP up a bit wor hahaha)

My version: Hug tight tight!

Hmm... sharefisher sold too early

Tata!

Sell on news! lol
Anyways, Padini has been a stable counter thus far, holding since the days of RM2 and sold 2 batches from RM3.00 till RM3.40
Would like to continue add-on

Aside from politicking roiling our market, it is possible China comeback is gonna happen
I'm staying tuned

Huhu, after so long, politicians coming back to shake the markets

Hope it drops below RM3

Today's sentiment should be improving in general

Short term punter?

EPS dropped by about 45% QtoQ, while revenue dropped roughly 20%+
I guess the omicron wave had some impact
Hope the selling continues so I can buy some lol

Will the operator perform a round 2 shakeout? lol

And I thought my long trust in Padini was a scam.... Luckily didn't sell my last 2k shares
Buy!

How come I don't see

Cha cha cha!

The big push up the other day is gone

Ding ding ding

@UPlanet, if the the war spread out to other parts of Europe, sure, Genting will be hit
But in this condition, all other counters will most probably be hit as well, might trigger recession even

Seems like the Edge wants to push down GB while supporting GenM
GB comparison is QtoQ, while GenM is YtoY, that's how they play the news title

https://www.theedgemarkets.com/article/axiata-umedic-optimax-mega-first-petdag-sunway-genting-genting-malaysia-mbsb-misc-maybank

Genting Bhd's net loss for its 1QFY22 widened quarter-on-quarter to RM199.68 million from RM129.81 million, due to weaker performance across most key operations. The 1QFY22 net loss marked Genting’s eighth straight quarterly loss since the pandemic started. Revenue for 1QFY22 fell 13% to RM4.21 billion from RM4.84 billion in 4QFY21, largely due to a 51% decline in the plantation segment's contribution to RM513.8 million, from RM1.04 billion. On a year-on-year basis, Genting managed to narrow its net loss to RM199.68 million or 5.19 sen per share in 1QFY22, from RM331.76 million or 8.62 sen per share, as revenue rose 87% to RM4.21 billion from RM2.25 billion in 1QFY21.

Genting Malaysia Bhd’s net loss for 1QFY22 narrowed to RM126.53 million from RM483.59 million a year ago, as revenue soared close to three folds to RM1.72 billion from RM623.35 million. It said the higher revenue was underpinned by the RM621 million or over three-fold increase in revenue from the leisure and hospitality business in Malaysia, compared to a year ago. This was mainly due to higher business volume from the gaming and non-gaming segments, as a result of the easing of travel restrictions during 1QFY22.

IMO the biggest single bad apple was GenP downstream biz
Rev drop 420m!
Not sure how much ebitda/lbitda that would've churned, need to read GenP QR to understand

Here comes the shorties! Lol
I miss shareinvestor88

Usually Q1 no divvy, check the past history

It is noteworthy to point out that GenP downstream manufacturing revenue was down by about 420m!
Not sure if that is due to cyclical or plain poor business or creative accounting

GenP contribution was the largest in Q4 2021, for those who says GenP doesn't contribute much
But due to the downstream biz drop, this Q1 22 contribution was much lower

Was there a closure for almost 1 month during Q1? My memory bad

Eh? GB also release today??

Hmmm.... Q to Q performance actually dropped
Cost control was working, but finance costs dragged

Hahaha choysun caught him red handed?

Not up to expectation, but not too bad
All segments recorded improving positive EBITDA, while Malaysia operations turned from LBITDA to EBITDA
Loan finance costs was the main culprit