GenS 94c unchanged and GenM 3.27 down 0.61%
Recovery peer AA is green

Yields have jumped. Dow is green even as Nasdaq is down

Overall markets seems to ignore it. Tech valuations were always expensive so a correction is healthy while rotation into Recovery / Value continues

No worries welcome to Genting forum !

glovefinish think you may have misplaced your marbles...im not a glove supporter

During Mega Sales, you buy more, you save more

With Genting you buy more, you earn more ha ha ha

18/3/21 cases +1213
Selangor +353
Johor +142
P Pinang +104

Sarawak +303 (hopefully they get this under control and get it down like Sabah)

Wait for the re-ratings to flow in as the growth catalysts come one by one :)

Post removed.Why?

Wah suddenly got buyer come in...ha ha ha

Is GENT and GENM going to cross 5.50 and 3.30 respectively, together ha ha ha

The buyer very very fierce ha ha ha

3.26 taken down again ha ha ha

Buy as much as possible and hold tight

If you have maxed out then just sit back and relax and do nothing

They say investing should be like watching paint dry

Well thankfully Genting is a very exciting paint ha ha ha

Its like every day got new developments ha ha ha

Genting (3182) rerating catalysts:

a) Pent-up demand from revenge travel and gaming (Lifting of lockdowns - MY; UK)
b) Skyworlds (2Q) and Resorts World Las Vegas (Summer Jun-Aug)
c) Celularity Inc listing (2Q21; assume 10% holding only)
d) *Mashpee Wampanoag Tribe promissory notes USD426.3 mil write-back
e) Resorts World NYC expansion and full casino license bid
f) New York mobile sports betting bid (gamechanger - see DraftKings)
g) Japan Integrated Resort (IR) bid
h) Resorts World Sentosa upgrading
i) *Genting Americas USD $500 mil insurance claim
j) Resorts World Hudson Valley
k) Plantation - CPO record high above RM4000
l) Energy - Brent crude oil USD 65++
m) Property - Cyclical sector in an upcycle
n) Life Sciences - Vast potential (see US biotech and genomics co's)
o) International borders reopen / travel bubbles / vaccine passports
p) WHO declares pandemic over

Genting 5.47 > Topglove 5.33

titan3322 u better change name to puny2233 go back to your hole dont come out

GenS is 94c (high of 95.5c) up 2.73%. GenM is 3.25 up 2.20%

Uptrend is unstoppable

In 3,6,9,12,18,24 months when you look back on this period and Genting is at double digits and you sit on triple digit gains...you will realise that the few cents never mattered :)

Genting has seen everything

Do not Fear

Do not let go too early

After all Genting has gone through the worst period in the history of the world

And still it stands tall

There can only be better days to come

Genting welcomes all to the numbawan top pick sure win recovery stock of 2021, the Year of the Golden Ox, the Year of the Super Bull

THE BEST IS YET TO COME

GenT, GenM, GenS

All built by Uncle Lim

All rise together

Every time there is a block it gets taken down

The operators sometimes forget who is on the other side of the trade...literally, the owner of the House :)

Because it means it will be broken :)

3.20 taken down

Hoo09e !!!

Hoot9e !!!

GENM 3.20 taken down

GenS is 93.5c up 2.19%. GenM is 3.20 up 0.69% and breaking down the barrier

GENTING IS FIRING ON ALL CYLINDERS

Everytime there is a big block you should get excited ha ha ha

DIAMONDS HANDS

THIS IS JUST THE BEGINNING

GENTING TO THE SKIES AND BEYOND

S&P 500 and Dow end at record highs after Fed projects stronger economy
MARCH 17, 2021 | 7:14 PM UPDATED 3 HOURS AGO

(Reuters) - The S&P 500 and Dow Jones Industrial Average closed at record highs on Wednesday after the Fed predicted a fast economic recovery from the coronavirus pandemic and said it would maintain its interest rate at close to zero.

A $1.9 trillion spending stimulus and the rollout of vaccines have fueled a rotation into so-called value stocks that are viewed as likely to outperform as the economy recovers from the coronavirus pandemic.

Full article - https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-and-dow-end-at-record-highs-after-fed-projects-stronger-economy-idUSL1N2LF3FE

Comments: The Dow is charging. The Bull is charging. All hail the mighty Dow

Norway's Government Pension Fund Global stake in Genting Malaysia

As at 31 Dec 2020:
Value: USD $ 26.35 mil
Ownership: 0.7%
GenM Total no. of shares: 5.938 bil
Total GenM shares ~ 41.57mil (5.938 * 0.7%)
Exchange rate: 4.02 (as at 31/12/20)

Average price: (26.35 * 4.02) / 41.57 = RM2.548

Post removed.Why?

For Malaysia, the Norwegian sovereign funds' investments are managed by outsourced external (Malaysian) fund managers

BREAKING NEWS

Govt pledges no more full MCO, instead to focus on localised MCO and related clusters
March 17, 2021 18:09 pm +08

https://www.theedgemarkets.com/article/govt-pledges-no-more-full-mco-instead-focus-localised-mco-and-related-clusters

Comments: This should be the way. Those that have increase in cases above a threshold would be locked down while those which have low cases have their restrictions eased and upgraded to RMCO and thereby allowing Tourism between these zones. The high cases in Manufacturing and Construction should not be to the detriment of all other sectors

Malaysia's sovereign funds cannot touch GenT/GenM ha ha ha

If they did, Genting would never drop to almost 1/3 Book Value...

And give Malaysian's the once in a lifetime opportunity to buy Genting at this price :)

17/3/21 cases +1219
Selangor +499
Johor +169
The rest are below 100
*hopefully Penang and Johor cases drop further and changes to RMCO

If you are a foreign fund looking to invest in Recovery and Emerging Markets and Gaming sector...

Genting (3182) is the clear choice and the numbawan top pick sure win stock of 2021 the Year of the Golden Ox

1) LVS Price to Book Value: 16.6960 (Bloomberg @ 17 Mar 21)
-Note: Las Vegas Sands operates Marina Bay Sands which is the largest contributor to LVS' profits (and undoubtedly the crown jewel)

2) MGM Resorts Price to Book Value: 3.0329 (Bloomberg @ 17 Mar 21)

3) Genting Book Value: RM 8.56

At Price to Book Value of 3.0329 (equivalent to MGM only) Genting share price would be RM 25.96

Both GenS and GenM make up the bulk of the value so even with 'holding company discount', it should not be this undervalued

BREAKING NEWS

World’s largest sovereign wealth fund says Malaysia equity investments include Genting Malaysia, MR DIY, Top Glove

March 17, 2021 14:15 pm +08

KUALA LUMPUR (March 17): Norway’s Government Pension Fund Global, the world’s largest sovereign wealth fund with a market value of about NOK11.08 trillion (RM5.48 trillion) had invested in 145 Malaysia-listed companies including Genting Malaysia Bhd, MR DIY Group (M) Bhd and Top Glove Corp Bhd as at Dec 31, 2020, according to latest updates by the Norwegian central bank’s asset management unit.

Norges Bank Investment Management is the asset management unit of Norwegian central bank Norges Bank, which has been tasked to manage the Government Pension Fund Global, often referred to as Norway’s oil fund, Norges Bank Investment Management said on its website.

On Genting Malaysia, Norges Bank Investment Management said the Government Pension Fund Global owned a 0.7% stake worth US$26.35 million as at Dec 31, 2020.

Full article: https://www.theedgemarkets.com/article/worlds-largest-sovereign-wealth-fund-says-malaysia-equity-investments-include-genting

All glove investors should diversify their portfolio and grow them further

Pre-pandemic share price:
Genting Berhad: RM6.0x

Malaysia National Covid-19 Immunisation Programme starts end-Feb 2021 and expected completion by end-2021 (looking at the speed of progress, likely earlier). Full vaccinations are not required to see the effects of Covid-19 cases and most importantly deaths coming down (see Israel). Hence, by 4Q21 (Oct-Dec) you should be able to see the full effects. Note markets are 6-12 months forward looking (see Gloves). Therefore, latest by 2Q21 (Apr-Jun) we should see share prices pop back to at least pre-pandemic levels

Note: this has not take into account re-rating catalysts:

a) Pent-up demand from revenge travel and gaming (Lifting of lockdowns - MY; UK)
b) Skyworlds (2Q) and Resorts World Las Vegas (Summer Jun-Aug)
c) Celularity Inc listing (2Q21; assume 10% holding only)
d) *Mashpee Wampanoag Tribe promissory notes USD426.3 mil write-back
e) Resorts World NYC expansion and full casino license bid
f) Resorts World Hudson Valley
g) New York state sports betting license bid
h) Genting Americas USD $500 mil insurance claim
i) Japan Integrated Resort (IR) bid
j) Resorts World Sentosa upgrading
k) Plantation - CPO record high
l) Energy - Brent crude oil above USD 70
m) Property - Cyclical sector in an upcycle
n) Life Sciences - Vast potential (see US biotech and genomics co's)
o) International borders reopen / travel bubbles / vaccine passports
p) WHO declares pandemic over

Genting which is a Recovery / Value stock is now also a massive Growth stock

Disclaimer: The information and opinions expressed here are for educational purposes only and the contents of this post should not be construed as financial advice and does not constitute a buy or sell call. Consult your investment advisor before making any investment decision.

Sincerely,
EMSVSI

All investors should diversify their portfolio and grow them further

Pre-pandemic share price:
Genting Berhad: RM6.0x

Malaysia National Covid-19 Immunisation Programme starts end-Feb 2021 and expected completion by end-2021 (looking at the speed of progress, likely earlier). Full vaccinations are not required to see the effects of Covid-19 cases and most importantly deaths coming down (see Israel). Hence, by 4Q21 (Oct-Dec) you should be able to see the full effects. Note markets are 6-12 months forward looking (see Gloves). Therefore, latest by 2Q21 (Apr-Jun) we should see share prices pop back to at least pre-pandemic levels

Note: this has not take into account re-rating catalysts:

a) Pent-up demand from revenge travel and gaming (Lifting of lockdowns - MY; UK)
b) Skyworlds (2Q) and Resorts World Las Vegas (Summer Jun-Aug)
c) Celularity Inc listing (2Q21; assume 10% holding only)
d) *Mashpee Wampanoag Tribe promissory notes USD426.3 mil write-back
e) Resorts World NYC expansion and full casino license bid
f) Resorts World Hudson Valley
g) New York state sports betting license bid
h) Genting Americas USD $500 mil insurance claim
i) Japan Integrated Resort (IR) bid
j) Resorts World Sentosa upgrading
k) Plantation - CPO record high
l) Energy - Brent crude oil above USD 70
m) Property - Cyclical sector in an upcycle
n) Life Sciences - Vast potential (see US biotech and genomics co's)
o) International borders reopen / travel bubbles / vaccine passports
p) WHO declares pandemic over

Genting which is a Recovery / Value stock is now also a massive Growth stock

Disclaimer: The information and opinions expressed here are for educational purposes only and the contents of this post should not be construed as financial advice and does not constitute a buy or sell call. Consult your investment advisor before making any investment decision.

Sincerely,
EMSVSI

All investors should diversify their portfolio and grow them further

Pre-pandemic share price:
Genting Berhad: RM6.0x

Malaysia National Covid-19 Immunisation Programme starts end-Feb 2021 and expected completion by end-2021 (looking at the speed of progress, likely earlier). Full vaccinations are not required to see the effects of Covid-19 cases and most importantly deaths coming down (see Israel). Hence, by 4Q21 (Oct-Dec) you should be able to see the full effects. Note markets are 6-12 months forward looking (see Gloves). Therefore, latest by 2Q21 (Apr-Jun) we should see share prices pop back to at least pre-pandemic levels

Note: this has not take into account re-rating catalysts:

a) Pent-up demand from revenge travel and gaming (Lifting of lockdowns - MY; UK)
b) Skyworlds (2Q) and Resorts World Las Vegas (Summer Jun-Aug)
c) Celularity Inc listing (2Q21; assume 10% holding only)
d) *Mashpee Wampanoag Tribe promissory notes USD426.3 mil write-back
e) Resorts World NYC expansion and full casino license bid
f) Resorts World Hudson Valley
g) New York state sports betting license bid
h) Genting Americas USD $500 mil insurance claim
i) Japan Integrated Resort (IR) bid
j) Resorts World Sentosa upgrading
k) Plantation - CPO record high
l) Energy - Brent crude oil above USD 70
m) Property - Cyclical sector in an upcycle
n) Life Sciences - Vast potential (see US biotech and genomics co's)
o) International borders reopen / travel bubbles / vaccine passports
p) WHO declares pandemic over

Genting which is a Recovery / Value stock is now also a massive Growth stock

Disclaimer: The information and opinions expressed here are for educational purposes only and the contents of this post should not be construed as financial advice and does not constitute a buy or sell call. Consult your investment advisor before making any investment decision.

Sincerely,
EMSVSI

All glove investors should diversify their portfolio and grow them further

Pre-pandemic share price:
Genting Berhad: RM6.0x

Malaysia National Covid-19 Immunisation Programme starts end-Feb 2021 and expected completion by end-2021 (looking at the speed of progress, likely earlier). Full vaccinations are not required to see the effects of Covid-19 cases and most importantly deaths coming down (see Israel). Hence, by 4Q21 (Oct-Dec) you should be able to see the full effects. Note markets are 6-12 months forward looking (see Gloves). Therefore, latest by 2Q21 (Apr-Jun) we should see share prices pop back to at least pre-pandemic levels

Note: this has not take into account re-rating catalysts:

a) Pent-up demand from revenge travel and gaming (Lifting of lockdowns - MY; UK)
b) Skyworlds (2Q) and Resorts World Las Vegas (Summer Jun-Aug)
c) Celularity Inc listing (2Q21; assume 10% holding only)
d) *Mashpee Wampanoag Tribe promissory notes USD426.3 mil write-back
e) Resorts World NYC expansion and full casino license bid
f) Resorts World Hudson Valley
g) New York state sports betting license bid
h) Genting Americas USD $500 mil insurance claim
i) Japan Integrated Resort (IR) bid
j) Resorts World Sentosa upgrading
k) Plantation - CPO record high
l) Energy - Brent crude oil above USD 70
m) Property - Cyclical sector in an upcycle
n) Life Sciences - Vast potential (see US biotech and genomics co's)
o) International borders reopen / travel bubbles / vaccine passports
p) WHO declares pandemic over

Genting which is a Recovery / Value stock is now also a massive Growth stock

Disclaimer: The information and opinions expressed here are for educational purposes only and the contents of this post should not be construed as financial advice and does not constitute a buy or sell call. Consult your investment advisor before making any investment decision.

Sincerely,
EMSVSI

All investors should diversify their portfolio and grow them further

Pre-pandemic share price:
Genting Berhad: RM6.0x

Malaysia National Covid-19 Immunisation Programme starts end-Feb 2021 and expected completion by end-2021 (looking at the speed of progress, likely earlier). Full vaccinations are not required to see the effects of Covid-19 cases and most importantly deaths coming down (see Israel). Hence, by 4Q21 (Oct-Dec) you should be able to see the full effects. Note markets are 6-12 months forward looking (see Gloves). Therefore, latest by 2Q21 (Apr-Jun) we should see share prices pop back to at least pre-pandemic levels

Note: this has not take into account re-rating catalysts:

a) Pent-up demand from revenge travel and gaming (Lifting of lockdowns - MY; UK)
b) Skyworlds (2Q) and Resorts World Las Vegas (Summer Jun-Aug)
c) Celularity Inc listing (2Q21; assume 10% holding only)
d) *Mashpee Wampanoag Tribe promissory notes USD426.3 mil write-back
e) Resorts World NYC expansion and full casino license bid
f) Resorts World Hudson Valley
g) New York state sports betting license bid
h) Genting Americas USD $500 mil insurance claim
i) Japan Integrated Resort (IR) bid
j) Resorts World Sentosa upgrading
k) Plantation - CPO record high
l) Energy - Brent crude oil above USD 70
m) Property - Cyclical sector in an upcycle
n) Life Sciences - Vast potential (see US biotech and genomics co's)
o) International borders reopen / travel bubbles / vaccine passports
p) WHO declares pandemic over

Genting which is a Recovery / Value stock is now also a massive Growth stock

Disclaimer: The information and opinions expressed here are for educational purposes only and the contents of this post should not be construed as financial advice and does not constitute a buy or sell call. Consult your investment advisor before making any investment decision.

Sincerely,
EMSVSI

All investors should diversify their portfolio and grow them further

Pre-pandemic share price:
Genting Berhad: RM6.0x

Malaysia National Covid-19 Immunisation Programme starts end-Feb 2021 and expected completion by end-2021 (looking at the speed of progress, likely earlier). Full vaccinations are not required to see the effects of Covid-19 cases and most importantly deaths coming down (see Israel). Hence, by 4Q21 (Oct-Dec) you should be able to see the full effects. Note markets are 6-12 months forward looking (see Gloves). Therefore, latest by 2Q21 (Apr-Jun) we should see share prices pop back to at least pre-pandemic levels

Note: this has not take into account re-rating catalysts:

a) Pent-up demand from revenge travel and gaming (Lifting of lockdowns - MY; UK)
b) Skyworlds (2Q) and Resorts World Las Vegas (Summer Jun-Aug)
c) Celularity Inc listing (2Q21; assume 10% holding only)
d) *Mashpee Wampanoag Tribe promissory notes USD426.3 mil write-back
e) Resorts World NYC expansion and full casino license bid
f) Resorts World Hudson Valley
g) New York state sports betting license bid
h) Genting Americas USD $500 mil insurance claim
i) Japan Integrated Resort (IR) bid
j) Resorts World Sentosa upgrading
k) Plantation - CPO record high
l) Energy - Brent crude oil above USD 70
m) Property - Cyclical sector in an upcycle
n) Life Sciences - Vast potential (see US biotech and genomics co's)
o) International borders reopen / travel bubbles / vaccine passports
p) WHO declares pandemic over

Genting which is a Recovery / Value stock is now also a massive Growth stock

Disclaimer: The information and opinions expressed here are for educational purposes only and the contents of this post should not be construed as financial advice and does not constitute a buy or sell call. Consult your investment advisor before making any investment decision.

Sincerely,
EMSVSI

GenS is 92.5c up 1.09% and GenM is 3.18 up 1.60%

Genting is firing on all cylinders

Genting shareholders are the best :)

To hell and back and hell and back again

And still we remain

GENTING TO THE SKIES AND BEYOND

DIAMOND HANDS :)

Markets are quiet in a wait and see mode, awaiting the Fed's decision on Wednesday


MY, US and UK cases continue to decline. SG (and China) has contained the pandemic


There are many rerating catalysts coming Skyworlds, RW Las Vegas, Celularity Inc listing etc


BUY THE DIP dont get shaken out by the low volumes :)

Dow saw profit-taking overnight after those gains. US Inflation (and therefore yield) pressures will remain. Reopening / recovery / value stocks will outperform