I just have this uneasy feeling creditors are going to dump LKT's 550 millions pledged GenT shares to recoup some of their losses. We know how's that's going to affect the GenT share price right? Down she goes!

this money, which is needed for the day-to-day survival of the company, may not be enough to save the troubled co.

politics over science! vaccine is now a political game being pushed by mr. trumpet himself. very risky.

not faith but fundamentals.

the trend is down. let the trend be your friend.

Supermaximum profit!

Biden will win thanks to covid19. This is god's will!

cheap.

lucky if holds 26 today.

volume so low!

so-called "vaccine companies" are making tiny tiny little profits (if at all) and people are chasing after these companies? Malaysians are truly gamblers, not investors!

US stock prices are ALL super inflated with the Fed printing free money nonstop so cannot compare.

PAS-led government doesn't give a damn about gambling revenue! It's all about religion to them.

jantan already made loss from his investment in genm.

always look at the fundamentals.

That true if this PAS-led government does not ban gambling in Malaysia.

effective vaccines will take a long time. at the meantime people can only depend on therapeutic medicines to cure serious covid infections.

Don't believe news out of India. Indian media are extremely good at exaggeration and bombastic claims.

Will be below 7 this week, unfortunately. Lousy fundamentals.

FRANKFURT - Getting a coronavirus vaccine from manufacturing sites to some parts of the world with rural populations and unreliable electricity supply will be an immense challenge, given the need to store some vials at temperatures as low as minus 80 degrees Celsius (-112 Fahrenheit), Deutsche Post warned on Tuesday.

The German logistics firm said that distribution of an eventual vaccine across large parts of Africa, South America and Asia would require extraordinary measures to keep deliveries of so-called mRNA vaccines refrigerated at Antarctic-level temperatures.

Companies developing vaccines requiring exceptional cold storage, such as Moderna and CureVac, are working hard to make their injections last longer in transit.

The novel class of mRNA vaccines is among the furthest advanced in a field of 33 immunisation shots currently being tested on humans globally, but they may need to be cooled at minus 80 degrees Celsius.

HONG KONG - Gambling revenue in Macau plunged 94.5% in August year-on-year with casinos reeling from a lack of visitors to the world's biggest casino hub, despite a loosening of quarantine restrictions which have only seen a modest rise in gamblers.

HONG KONG - Gambling revenue in Macau plunged 94.5% in August year-on-year with casinos reeling from a lack of visitors to the world's biggest casino hub, despite a loosening of quarantine restrictions which have only seen a modest rise in gamblers.

A tell tale sign for the gaming industry!

if it can make money then yes.

let's all support genting when price reaches 3

tp 3 within reach.

Somehow I got the feeling this GHK fiasco is going to drag down either genting or its subsidiaries. Just too many unknowns and mgmt is very diam. Lkt and family should completely dissociate themselves from GHK.

Glove companies not hiring because he got no experience!

This is not an investable counter, at lease not this year, maybe 2021 at the earliest.

at least shareinvestor88 keeps increasing the tp of genting. good sign!

he's a billionaire.

genting also said in its forward-looking statement things ain't getting better anytime soon. so deal with it.

GHK is not part of Genting group and has no relationship to Genting, so stop mentioning GHK!

You think Malaysians got so much money to gamble meh. So many jobless ppl depending on their parents for free meals. They go to genting look-see look-see only mah.

But he pledged 550 million of genT shares for GHK so is he entitled to the divvy for these pledged shares or the creditors get them?

Covid will be with us for a long time even with vaccines available for general use in 2021. Genting earnings will be very pumpy. That's just the reality.

I will wait.

As of June 30, Genting (GHK) reported cash and cash equivalents of US$397.50 and total debt of US$3,261.2 million. Terrible numbers! Hope things will turn around soon.

PB tp 2.0

gaming/tourism businesses look gloomy for the next several quarters.

please don't spread fake news.

Genting's corporate structure should be broken up into multiple independent companies. Current one is too convoluted in my opinion.

Let us not get deluded, OK! There is simply zero earnings visibility for the next several quarters or even years. One thing clear is that genting will continue to suffer losses for the foreseeable future, and this will definitely affect its balance sheet in a negative way. GHK issue need to be cleared off the table ASAP too. Just my 2cents.

sell

expected.

This is one way China can stop Chinese tourists from going to visit US (Vegas, Reno, etc.) and spend their money there to enrich the americans. Probably GENM and GENS won't be affected.

Cash preservation should be the priority but management has other idea. 3 is within reach in the next 2 weeks.

China will establish a "blacklist" of cross-border gambling tourism destinations, which will restrict Chinese citizens' travel to overseas cities and scenic spots on the list, the Ministry of Culture and Tourism announced on Wednesday.

In recent years, with the increasing convenience of cross-border exchanges, the number of Chinese citizens traveling abroad has continued to grow. While this has enhanced friendly exchanges and cooperation between China and other countries and regions, some overseas cities have opened casinos to attract Chinese tourists to gamble abroad, disrupting the order of China's outbound tourism market and endangering the personal safety and property of Chinese citizens, read the announcement.

Therefore, the Ministry of Culture and Tourism and other departments will jointly launch a blacklist of overseas travel destinations.

https://www.globaltimes.cn/content/1198924.shtml

China will establish a "blacklist" of cross-border gambling tourism destinations, which will restrict Chinese citizens' travel to overseas cities and scenic spots on the list, the Ministry of Culture and Tourism announced on Wednesday.

In recent years, with the increasing convenience of cross-border exchanges, the number of Chinese citizens traveling abroad has continued to grow. While this has enhanced friendly exchanges and cooperation between China and other countries and regions, some overseas cities have opened casinos to attract Chinese tourists to gamble abroad, disrupting the order of China's outbound tourism market and endangering the personal safety and property of Chinese citizens, read the announcement.

Therefore, the Ministry of Culture and Tourism and other departments will jointly launch a blacklist of overseas travel destinations.

https://www.globaltimes.cn/content/1198924.shtml

GHK virus is infecting all other genT subsidiaries.

like AirAsia.