I just can't understand why people here are so happy get the dividend from loan...the management from Genting just simply using loan to pay dividend.

Top glove net profit RM 10 billion coming financial year, GenS net profit only RM 0.2 b + ......Look at the data ....Top glove earning 1 year =50 years for Gens.....

Don't believe the promoters here , especially most of them trap at high price...

99% people losing money in stock market, one of the important key point is they buy hope instead of value.

As you can see many people here buying hope even the result if Genting Singapore drop more than 90%.

Just look at the dividend you get from Genting... Only 3sen ..this RM30 is not enough to buy a set of KFC for Family.

99% people losing money in stock market, one of the important key point is they buy hope instead of value.

As you can see many people here buying hope even the result if Genting Singapore drop more than 90%.

Just look at the dividend you get from Genting... Only 3sen ..this RM30 is not enough to buy a set of KFC for Family.

Seriously, can someone please tell me which Genting casino open today?

Only 1% of people who invested in stock market will earn money, just look at how the 99% people supporting a company that possibly losing big money, then you should know who they are.

They unable to accept people opinions and fate but focus the price movement of the stock as a result of the value investing.

However, look at the comments here you can clearly know who is speculator instead of investor.

I know the casino now is closed and cant operate, but i hope stockrisplayer dont invest Genting like how you playing big small in casino..... you will lose everything including your underwear...

Topglove earning RM 3 billion per quarter.....while genting losing RM 500 million each quarter ....wake up guys...

Topglove at 6.27 , Genting at 4.27 , the image is very clear.....Genting cant fight with Topglove....

Dead cat rebound, sell when the day still young ....

RM 38 billion debt.... OMG going to delisted soon

Haha

Stockriskplayer, Please don’t kill yourself if your Genting counters keep Dropping. It is OK to lose money in shares if your money is called Spare Cash

Hahahaha

Stockriskplayer=JP Morgan....Guys becareful...

JPMorgan to pay $920 million for manipulating precious metals, treasury market


YOU STOCKRISKPLAYER KEEP lie to people and said , JPMORGAN analysts is CORRECT !!!!

You have reading problem , I strongly suggest you back to school and polish your language ..

This is free forum and everyone have freedom to comment....stockriskplayer keep lie and giving fake information to people here

You telling lie, you said JP Morgan is correct but they have been sue for manipulating market.....

Stockriskplayer is a looser....looser only buying making loss company and beg for dividend poor man......

Even my dog will no do that ...

The landmark multi-agency settlement lifts a regulatory shadow that has hung over the bank for several years and marks a signature victory for the government’s efforts to clamp down on illegal trading in the futures and precious metals market.

JPMorgan will pay $436.4 million in fines, $311.7 million in restitution and more than $172 million in disgorgement, the Commodity Futures Trading Commission (CFTC) said on Tuesday, the biggest-ever settlement imposed by the derivatives regulator.

Between 2008 and 2016, JPMorgan engaged in a pattern of manipulation in the precious metals futures and U.S. Treasury futures market, the CFTC said. Traders would place orders on one side of the market which they never intended to execute, to create a false impression of buy or sell interest that would raise or depress prices, according to the settlement.

This manipulative practice, which is designed to create the illusion of demand, or lack thereof, is known as “spoofing.”

Some of the trades were made on JPMorgan’s own account, while on occasions traders manipulated the market to facilitate trades by hedge fund clients, the CFTC said. The bank failed to identify, investigate, and stop the behavior, even after a new surveillance system flagged issues in 2014, the agency said.

“The conduct of the individuals referenced in today’s resolutions is unacceptable and they are no longer with the firm,” said Daniel Pinto, co-president of JPMorgan and CEO of the Corporate & Investment Bank.

He added that the bank had invested “considerable resources” in boosting its internal compliance policies, surveillance systems and training programs.

In parallel settlements, the bank entered into a Deferred Prosecution Agreement with the Department of Justice and the United States Attorney’s Office for the District of Connecticut, staving off criminal prosecution on charges of wire fraud.

It also agreed to pay $35 million to settle related charges with the Securities and Exchange Commission, although the bank’s payment to the CFTC would offset that fine, it said.

In an unusual concession, JPMorgan also admitted wrongdoing in agreeing to the SEC and Justice Dept. settlements.

“This record-setting enforcement action demonstrates the CFTC’s commitment to being tough on those who intentionally break our rules, no matter who they are. Attempts to manipulate our markets won’t be tolerated,” said CFTC Chairman Heath Tarbert.

The CFTC and Justice Department have taken aim at spoofing in recent years, using sophisticated data analysis tools to spot potential wrongdoing that it could not previously detect.

Reuters has reported that around 2017, the agency began using techniques it originally developed to spot healthcare fraud schemes to identify suspicious trading patterns, including by scanning activity on exchanges.

“The idea was: let’s mine this data source to see who the worst actors are,” Robert Zink, a top Justice official who helped lead the effort, told Reuters in May here.

The agency has already charged six JPMorgan traders for manipulating metals futures between 2008 and 2016. On Friday, meanwhile, two former Deutsche Bank AG traders were found guilty here by a federal jury of spoofing, the agency said.

(Reuters) - JPMorgan Chase & Co has agreed to pay more than $920 million and admitted to wrongdoing to settle federal U.S. market manipulation probes into its trading of metals futures and Treasury securities, the U.S. authorities said on Tuesday.


HAHAHAHAHHAHAHAHHAHHAHAHHAHAHAHAHAH

STOCKRISKPLAYER BELIEVE THIS JP MORGAN ....

All player becareful , I highly suspect this guys work for JP Morgan

JPMorgan to pay $920 million for manipulating precious metals, treasury market

I have good friends in from JP Morgan family.

JP Morgan is usually wrong in their analysis.

But for GENTING, one million ringgit is nothing la, @kltower. There are much richer people than you and me combined :)

Hahaha....

Stockriskplayer is Desperate Genting counters promoter.

Hope Stockriskplayer enjoyed my scolding today :)


Stockriskplayer is retarded enough to think we GENTING Investors would listen to his dumb comments here.

Stockriskplayer, your Genting is ok to drop to 2.66

Even if Genm drop to 0.56, is still quite a high price for me to buy :)

Shortiest will dump Genting and Genm soon......buy or sell or hold ...decision is your!!! I hope you especially ''stockriskplayer 'can make a good choice ....

Genting BHD (GENT) reported a weak set of results - core-LATAMI of RM538.4m is below both our and consensus expectations, due to weaker than expected performance from its subsidiary, Genting Malaysia
Although the recovery of operating profits for both Genting Malaysia and Genting Singapore is encouraging, we believe that the recovery remains fragile as overall visitation will still fluctuate until a vaccine is available

KUALA LUMPUR (Jan 18): Kenanga Research has slashed its earnings forecasts for Genting Malaysia Bhd (GenM) on expectations that fresh lockdowns in Malaysia and the UK will take a heavy toll on the company's near-term operations.

In a note, Kenanga Research forecast a wider net loss of RM1.8 billion for the financial year ended Dec 31, 2020 (FY20), from RM1.36 billion, as the research house increased its estimates of losses from Malaysia and UK casinos despite reduced losses for North America operations and Empire Resorts.

“We also further cut our FY21 earnings estimate by 22% on lower Malaysian earnings, [with] higher North America earnings but [we] keep the UK earnings (forecast) unchanged,” it added.

As such, the research house anticipates GenM to generate an annual profit of RM401 million for FY21, following a loss of RM1.8 billion projected for FY20. However, both figures are significantly lower compared with the RM1.4 billion profit booked during FY19.

While Kenanga Research maintained its “market perform” rating of GenM, it cut its target price (TP) to RM2.45, from RM2.60 previously, as it believes the stock now is fairly valued.

It also said GenM's parent company Genting Bhd is a better proxy for earnings recovery on the back of Genting Singapore.

Having said that, the research house expects a strong rebound for GenM once lockdowns are lifted with vaccine roll-outs envisaged to lead to eventual borders reopening.

It was reported last week that GenM’s UK unit had proposed to permanently close its Genting Casino in Southport due to Covid-19. To date, Genting UK has already closed casinos in Margate, Torquay and Bristol, and reduced its workforce in the rest of its UK casinos.

The UK started its second lockdown on Nov 5, 2020 to combat the pandemic, which did not abate but worsened recently with daily new cases above 40,000 since Dec 28, 2020.

Back in Malaysia, Kenanga Research said the reimposition of the movement control order (MCO) in six states will further impact its operations.

“As such, upcoming 4QFY20 (fourth quarter ended Dec 31, 2020) and 1QFY21 results are expected to see wider losses from a loss before interest, tax, depreciation and amortisation (LBITDA) of RM50.5 million in 3QFY20. During the peak of the pandemic, management guided that the cash burn rate of the UK operations, which had 43 casinos across the country, was £7 million (RM38.45 million) per month,” said Kenanga Research.

The local research house added that at home, the seasonally strong year-end and Chinese New Year bumps are not expected to be in 4QFY20 and 1QFY21, and GenM could return to the red again but the severity would be less than in 2QFY20 as the period had a full lockdown.

“While there are no updates on the outdoor theme park, known as Genting SkyWorlds, the targeted timeline to open it in mid-2021 could be delayed given the current situation,” it added.

On its North America operations, the research house said there are positive signs which could help to reduce losses for the group as Resorts World Casino New York City and Resorts World Catskills had reported encouraging data, while Resorts World Bimini also reopened on Dec 26, 2020.

At the time of writing today, GenM’s share price had fallen five sen or 2% to RM2.45. At the price, the group was valued at RM14.55 billion.

（吉隆坡2日讯）云顶马来西亚（Genting Malaysia Bhd）今日指出，其在爱尔兰注册的间接独资休眠子公司Stanley Leisure（爱尔兰）无限公司（SLIUC），已于上周三（1月27日）根据爱尔兰2014年公司法令的规定，列入成员自愿清算。

成员自愿清算是由股东发起，关闭有偿付能力公司的程序。

云顶马来西亚向大马交易所报备说：“SLIUC的成员自愿清算，不会对云顶马来西亚集团截至12月杪2021财政年的净资产和每股盈利产生任何实质影响。”

云顶马来西亚没有具体说明SLIUC清算的原因。

截至4时05分，该股跌4仙或1.63%，报2.42令吉，市值约136亿7300万令吉。

KUALA LUMPUR (Feb 2): Genting Malaysia Bhd (GenM) said today its indirect wholly-owned dormant subsidiary Stanley Leisure (Ireland) Unlimited Company (SLIUC), which was incorporated in Ireland, was placed under members' voluntary liquidation last Wednesday (Jan 27) pursuant to the provisions of the Companies Act 2014 of Ireland.

A members' voluntary liquidation of a company is a process initiated by shareholders to close down a solvent firm.

"The members' voluntary liquidation of SLIUC will not have any material impact on net assets and earnings per share (EPS) of the Genting Malaysia group for the financial year ending Dec 31, 2021 (FY21),” GenM said in a Bursa Malaysia filing today.

GenM did not specify the reasons behind the liquidation of SLIUC.

At 3.20pm today, GenM’s share price had risen one sen or 0.41% to RM2.47, giving the company a market capitalisation of about RM13.96 billion.

GenM’s total number of issued shares stood at 5.65 billion.

All operations at Resorts World Genting (RWG) in Genting Highlands will remain closed following the extension of the second movement control order (MCO 2.0) until Feb 18 as announced by the government.

According to a notice posted on the company’s website, Genting Malaysia Bhd (GenM) said all operations at RWG, except essential resort-based services such as security, bomba, utilities and clinics, will not be operational.

“We regret any inconvenience caused by the temporary closure of our resort.

“Guests who have made reservations at RWG during this period may contact our call centre at 03-27181118 or write to customercare@rwgenting.com to request for a change of date or a refund,” it said.

It also advised the public to visit its website regularly for further updates.

Fxxcker stockriskplayer is piss off now.....he cant affor to cut loss

Tomorow big drop.....gap down...

Stocksafeplayer , you need spend more time for reading. Don't wasting time to screenshots... no wonder your knowledge in genting investment is so less...

Little knowledge in an investment world very dangerous for you ...

All operations at Resorts World Genting (RWG) in Genting Highlands will remain closed following the extension of the second movement control order (MCO 2.0) until Feb 18 as announced by the government.

According to a notice posted on the company’s website, Genting Malaysia Bhd (GenM) said all operations at RWG, except essential resort-based services such as security, bomba, utilities and clinics, will not be operational.

“We regret any inconvenience caused by the temporary closure of our resort.

“Guests who have made reservations at RWG during this period may contact our call centre at 03-27181118 or write to customercare@rwgenting.com to request for a change of date or a refund,” it said.

It also advised the public to visit its website regularly for further updates.

RUNNNNNNNNNNNNNNNNNNNNNNNNNNNN

Genting only will come back when you can stop COVID19, but the data showed there is no hope!!! RUN as you can

MCO 2 run before too late

KUALA LUMPUR (Feb 5): All operations at Resorts World Genting (RWG) in Genting Highlands will remain closed following the extension of the second movement control order (MCO 2.0) until Feb 18 as announced by the government.

According to a notice posted on the company’s website, Genting Malaysia Bhd (GenM) said all operations at RWG, except essential resort-based services such as security, bomba, utilities and clinics, will not be operational.

“We regret any inconvenience caused by the temporary closure of our resort.

“Guests who have made reservations at RWG during this period may contact our call centre at 03-27181118 or write to customercare@rwgenting.com to request for a change of date or a refund,” it said.

It also advised the public to visit its website regularly for further updates.

As as the time of writing today, GenM's share price had risen one sen or 0.4% to RM2.52, bringing it a market capitalisation of RM14.96 billion. Meanwhile, Genting Bhd had fallen three sen or 0.72% to RM4.14, giving it a market capitalisation of RM16.05 billion. GenM is a 49.5%-owned subsidiary of Genting.

Stocksafeplayer is a Magunum Toto 4 D player....dont trust this guy.....you will lose your hard earn money...

Last month new ady told you business no good, how to up?? Stop telling lie.....the news already publish by legal journalist ...dont telling lie and trying to make story that Genting is good to buy ...

This monkey emsvsi stop sharing news that was published 15 Jan 2021, you are the one stop people from thinking and keep telling lie....

KUALA LUMPUR (Jan 13): Genting Malaysia Bhd’s Resorts World Genting (RWG) yesterday issued a notice that it anticipates a decline in number of visitors following the implementation of the Movement Control Order (MCO), Conditional MCO (CMCO) and Recovery MCO (RMCO).

It said it will be operating at a lower capacity and that some of its offerings may not be available from Jan 13, 2021.

“Some of our hotels, facilities, attractions and other offerings will be subjected to revised operating hours, limited availability or temporary closure. Kindly visit our website regularly for further information,” said RWG.

Guests who are affected may contact RWG’s call centre at 03-27181118 or write to customercare@rwgenting.com to request a change of date or refund, it said.

Meanwhile, CGS-CIMB Research said it expects a plunge in visitor arrivals due to the reimposition of the MCO in six states.

The research house had cut its FY21 core EPS forecast for Genting Malaysia, after taking into account a potential two-month MCO amid the high number of cases in the nation.

It said every extra month of MCO beyond its two-month base-case assumption will reduce Genting Malaysia’s FY21 core net profit by RM144 million and its fair value by two sen.

“RWG casino volumes may fully recover to pre-Covid-19 levels in 2H21 aided by tourism incentives and SkyWorlds’ opening. We see FY21 core net profit rebounding to RM275 million and quadrupling to RM1.2 billion in FY22 as Covid-19 subsides,” wrote analyst Foong Choong Chen.

Accordingly, the analyst trimmed his target price on the counter by 2% to RM2.90, but maintained an “add” call.

“Full recovery of casino volumes post-Covid-19 is not fully priced in, and is a re-rating catalyst in our view,” added Foong.

At 11.50am, Genting Malaysia rose four sen or 1.7% to RM2.47, giving a market capitalisation of RM14.67 billion.

Genting result will report huge lose quarter, run before the result coming out....

TP RM3 ....RUNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN as the day is still young

I hope you all wake up.....here people promote Genting because they buy a lot....I just want to help you all....poor man....no business also wish to give dividend ....sad case...

EPF bought alot of PBB shares too pre-Vaccine news....Some news said maybe more than 5% dividend.

No business how to get profit pay for dividend....you tell me where the dividend come from.....

You are telling lie.....

Genting going to collapse, no business.... if you dont believe you can go their shop and look at the business ...i'm not telling lie....

The true face of stocksafeplayer was appeared, stocksafeplayer is guessing the stock price , instead of look at the company business.... stockriskplayer guessing the price like guessing magnum toto 4D number ....

Stocksafeplayer: don't is it here and there....no business how to up...... dont telling lie....no business no talk ....

Stocksafeplayer : you start personal attack , because you telling lie.....

Don't misleading by stocksafeplayer, sound and look retarded

（吉隆坡15日讯）由于疫情封锁令导致生意低迷，云顶大马（GENM,4715,主板消费产品服务组）将永久关闭位居英国西北部的云顶绍斯波特赌场（Genting Casino Southport），为该集团第四家停业的英国赌场。

根据博彩信息网站G3Newswire报道，云顶大马表示，疫情引发的封锁令上述赌场业务大受打击，因此关闭是“根本无可避免”的，该公司将有38名雇员面临失业。

云顶大马发言人表示：“冠病疫情对休闲产业创造出前所未有的挑战，我们在近10个月努力不懈，以尽可能地维持业务，但不幸的，这俱乐部永久关闭已是‘根本无可避免’的”。

云顶大马独资子公司英国云顶（Genting UK）已关闭马盖特、托基、布里斯托尔地区赌场，并在裁减伦敦、格拉斯哥、爱丁堡、布莱克浦、伯明翰赌场的雇员。

至今，英国云顶已因疫情关系关闭3家赌场，如今正建议将云顶绍斯波特赌场成为第四家。

云顶大马今日走低，闭市时起3仙至2令吉50仙，而母公司云顶（GENTING,3182,主板消费产品服务组）则起3仙至4令吉30仙。