Support Pakatan. Support Malaysia. Support Anwar.

If PAS win, Not just Genting Berhad. All stocks will go down. The whole Malaysia stock market game over.

Current price should be BUY call.
Just accumulate for long term investment.

1 ) If Q1 2023 no more impairment, result should be positive.
2) Reversal of Sin tax or Gambling Tax on impairment in Q4 2022 as one time extra ordinary gain in following quarter.
3) Chinese tourists
4) Listing of RWLV
5) Taurx

Closing time 4.66 very big buy volume. Syndicate accumulating

ATK,
When Taurx could start selling ?

If Q1 2023 no more impairment, result should be positive ?
Just hold until end of May 2023.

Without the impairment the company is making profit.

Net assets per share attributable to ordinary equity holders of the parent ($$) = RM8.23
Current share price RM4.66 is under value.

Stable
Buy Call +

Impairment is not real loss and any time could be be reversed as one time extra ordinary gain.

https://www.businesstoday.com.my/2023/02/23/genting-berhad-turns-around-recording-pbt-of-rm1-26-billion/

https://www.asgam.com/index.php/2023/02/24/gentings-resorts-world-las-vegas-achieves-record-revenue-ebitda-in-4q22/

https://www.nst.com.my/business/2023/02/883018/genting-has-legs-turnaround-says-hlib

https://www.nst.com.my/business/2023/02/883018/genting-has-legs-turnaround-says-hlib

No gambling tax.

1) Waiting for RWLA listing in US stock market. (cash is King)
2) Waiting for TAURX

Q4 2022 - Impairment loss of RM304.8 million.
Q1 2023 - One time Extra ordinary gain of RM304.8 million.....possible

https://klse.i3investor.com/web/blog/detail/PublicInvest/2023-02-24-story-h-297395395-Genting_Berhad_Recovery_On_Track_But_At_Slower_Pace

https://klse.i3investor.com/web/stock/analysis-price-target/3182

https://klse.i3investor.com/web/stock/analysis-price-target/3182

Not yet game over. Just hold for long term

Just wait for Q1 2023 result in May,
hopefully no more impairment.

https://klse.i3investor.com/web/stock/analysis-price-target/3182

Accounting is dirty. Paying dividends and report loss.

Profit before tax but loss after tax. Any reason why losing money after tax.

https://www.theedgemarkets.com/node/656442

Macau casino stocks, bonds on a roll as Chinese visitors return.

why selling when result not yet out ?
GenS and GenP making profit. GenB should be no problem.

free fall.
today seller are all loser.
Tomorrow buyer could be big gainer if no gaming tax in Friday Budget.

Heavy force selling due to last Friday high trading volume.

LKT is still the major shareholder holding 44% of company shares.

LKT sleeping.

Why selling when you know tomorrow result going to be very good.
Waiting for good dividend.

https://klse.i3investor.com/web/blog/detail/PublicInvest/2023-02-21-story-h-298139143-Genting_Berhad_GENS_Recovery_Gaining_Momentum

Genting Berhad - GENS: Recovery Gaining Momentum.
Maintain Outperform with an unchanged TP of RM5.80.

https://www.asgam.com/index.php/2023/02/20/genting-singapore-2022-profit-climbs-to-us258-million-as-resorts-world-sentosa-revenues-soar-in-h2/

why selling down when we know Q4 2022 result going to be good ?

https://www.thestar.com.my/aseanplus/aseanplus-news/2023/02/21/singapore-urges-china-to-restore-flights-connections-to-pre-covid-19-levels

A potential US listing for RWLV and Empire Resorts etc.
Interesting. CASH is king.

Over sold.
If Q4 2022 result is good. Should go back to RM5.

Sell with good news.
Buy during bad news.

willing buy, willing sell.
Set buy at 4.80. Good Luck

Genting Singapore and Genting Plantation result next week.
Next day Genting Malaysia and Genting Berhad.

Year to year should be very good. Quarter to quarter should be also good.
Good Luck.

don't understand why so many seller ?

https://www.theedgemarkets.com/node/654481

Indonesia approves Malaysia’s Genting Oil & Gas’s revised development plan for Kasuri gas project — ministry

JAKARTA (Feb 8): Indonesia has approved a revised development plan by Malaysia’s Genting Oil & Gas for the first phase of its gas project in West Papua, following changes in production estimates, the energy ministry said in a statement on Wednesday.

Under the revised plan, the estimated gas in place for Asap, Kido and Merah structures in West Papua’s Kasuri block rose to 2,673.7 billion standard cubic feet (BSCFD) from 1,735 BSCFD previously, Energy Minister Arifin Tasrif said in the statement.
Genting Oil & Gas also signed an initial agreement with an Indonesian state-controlled fertiliser producer, Pupuk Kaltim, to supply 102 billion British thermal units of gas per day to its US$1.5 billion fertiliser plant, the statement said.

https://www.theedgemarkets.com/node/653737

Maybank IB says Genting’s target price could be raised to RM8.86 if TauRX gains FDA approval for Alzheimer’s drug

https://www.thestar.com.my/aseanplus/aseanplus-news/2023/02/08/no-new-variants-in-weeks-after-china-ended-zero-covid-study-finds

No new variants in weeks after China ended zero-Covid, study finds

Why so negative ? you have problem ?
Go and see a doctor.

Good support during close. Meaning got big syndicate accumulating.

You think you are very smart selling down ?
You have make a big mistake and you will regret for the rest of your life.

Slowly accumulate.

https://www.thestar.com.my/business/business-news/2023/02/07/stronger-tourism-activity-poised-to-spur-economy

Stronger tourism activity poised to spur economy.
PETALING JAYA: The effect of stronger tourism activity is expected to boost Malaysia’s gross domestic product (GDP) by at least one percentage point (ppt) in 2023, via further recovery in tourist arrivals, resumption of China outbound travelling, and sustained domestic tourism demand.

In a report, UOB Global Economics and Markets Research says the expected stronger tourism activity further supports its economic growth forecast of 4% for Malaysia in 2023.

The research unit pointed out that the global tourism sector is expected to make a big leap this year as China reopens its borders.

So far more good news than bad news for GB.
But there is a few keep writing bad comments about GB and I don't think they are having any GB shares. I am not sure why they keep writing since they are not interested in GB and what is their motive.

https://www.thestar.com.my/business/business-news/2023/02/02/malaysia-singapore-casinos-in-for-a-buoyant-year

Malaysia, Singapore casinos in for a buoyant year

PETALING JAYA: Casinos in Malaysia and Singapore are expected to enjoy a buoyant 2023, with the return of China tourists, following the full borders reopening of the world’s second-largest economy.

This is set to benefit Genting Bhd, the largest casino conglomerate in South-East Asia, with interests in power, plantations, property and oil and gas sectors.

Through its 49%-owned Genting Malaysia Bhd (GenM) and 53%-owned Genting Singapore plc (GenS), which operates Resorts World Genting (RWG) and Resorts World Sentosa (RWS) respectively, Genting is expected to see strong earnings recovery this year on higher contributions from the two subsidiaries.

According to Maybank Investment Bank Research’s (Maybank IB) estimates, GenM and GenS could contribute about RM1.2bil and RM1.1bil, respectively, to Genting’s earnings this year.