Great news for GENM


Sources Say Anwar Will Be Making A “Big Announcement” Today, Claims To Have 123 Seats
A “big announcement” will be made at noon today.

Datuk Seri Anwar Ibrahim said that he has “an important announcement”, and that a press conference about this will be held in Le Meridien Kuala Lumpur at noon today (23 September 2020).

Sin Chew Daily speculates that the Parti Keadilan Rakyat President will most probably announce that he has secured the support of 123 Members of Parliament (MP) – a majority of seats that will allow him and the Pakatan Harapan coalition to form the Government.

Avatar
BY ESTHER CHUNG
SEPTEMBER 23, 2020

https://www.therakyatpost.com/2020/09/23/anwar-big-announcement-123-seats-parliament/


PAS' extreme islamic views and gambling ban can be laid to rest

GENM is the only correct recovery theme play

Genting Malaysia holds a monopoly and due to covid-19 is the number one holiday destination in the country, with visitation numbers climbing everyday just look at the videos or open waze and look at the traffic

GENM is a minimum rm6 by 2021 coming out of a recession it has been proven every single time that the good times will roll and gaming profits soar to record highs

The risk:reward is 40:1 all you need to do is go up Genting and see for yourself the people and the impossible dream that uncle Lim built to last the test of time

In GENM we trust sialanggggg

Nomura Buy call

Genting Malaysia to see EBITDA turnaround from 4Q20 as domestic tourism aids Resorts World Genting: Nomura
Ben Blaschke by Ben Blaschke Friday 18 September 2020 at 05:38

Genting Malaysia can expect to see an EBITDA turnaround starting from the fourth quarter of 2020, with all of its major casinos now open again and domestic tourism aiding the recovery of its flagship Malaysian IR Resorts World Genting.

According to a report on Malaysia equity strategy published by a team of Nomura research analysts on Thursday and examining the state of the Malaysian economy during COVID, Resorts World Genting is already showing strong signs of recovery – up to 40,000 visitors per day and with the 50% of hotel rooms open sitting at 90% average occupancy since reopening in June.

“We expect Resorts World Genting to stage a gradual recovery over the coming quarters, with a sharp inflection come FY22 with the opening of the theme park (official timeline is mid-2021, but prone to slippages),” Nomura’s report said.

However, the reopening of the company’s US casinos at Catskills and New York City, “combined with the good footfalls seen at the Malaysian casino since reopening in June due to low dependence on a foreign clientele, should result in a turnaround in EBITDA from the 4Q20 results season.”

Nomura noted that while fellow Genting Group subsidiaries like Genting Singapore, which rely far more heavily on inbound tourism, face a much longer recovery time, Genting Malaysia is performing well due to domestic tourism.

“While international inbound traffic is essentially negligible, domestic tourism seems to be filling the void, as Malaysians are vacationing within the country,” it says.

“A study of Google Search Trends in Malaysia shows that while airline search trends are still below pre-COVID-19 levels, searches for terms relevant for local tourism within Malaysia such as ‘hotel bookings’ and ‘Genting’ are almost back to pre-COVID-19 levels, whereas search trends for COVID -19 have declined, suggesting fading fear factor.”

Nomura has maintained its Buy rating for Genting Malaysia stock, which it says it prefers over Genting Berhad due to a better balance sheet and concerns over short-term ROIC for the latter’s Resorts World Las Vegas project.


https://www.asgam.com/index.php/2020/09/18/genting-malaysia-to-see-ebitda-turnaround-from-4q20-as-domestic-tourism-aids-resorts-world-genting-nomura/

GENM owns RW Catskills (US) and RW New York City (US)


US casino stocks are currently (11/9/2020) on a melt up:

Las Vegas Sands Corp.
LVS 52.73 USD +1.88 (3.70%)

Melco Resorts & Entertainment Ltd
MLCO 19.05 USD +0.67 (3.65%)

MGM Resorts International
MGM 23.85 USD +0.74 (3.18%)

Wynn Resorts, Limited
WYNN 84.98 USD +2.03 (2.45%)

Caesars Entertainment Inc
CZR 52.33 USD +2.05 (4.08%)


Casinos and gaming shares are global (just like Nasdaq and Malaysia Tech sector) and recovery theme is the correct play in the stock markets

GENM's stock price will hit the stratosphere ALL IN SIALANG

OPR remains the same and the negative pressure on the KLCI index and its components has been lifted

Decisive action to implement EMCO in Kota Setar due to Sungai and Telaga cluster kudos to MOH

Counting down the days until the ultimate catalyst Covid-19 vaccine is announced in Oct / Nov

Sing with me GENM FOREVERRRRR

My brethren, my comrades, my brothers in arms

Spread the love to all the pasar and kopitiam uncle aunty paid group free groups FB Telegram Instagram whatsapp tiktok and whatever else you may find...

That in GENM you shall be redeemed

That all your losses will be earned back

That covid-19 is temporary

That it is just a matter of time

That casino profits will hit record highs after coming out from recessions

And that uncle lim will carry all of you to the promised land

In GENM we trust sialanggggg

The price action says everything

The world crash and burns but GENM share stays rock solid...when market sentiment changes when vaccines are announced soon in October and November, GENM will skyrocket

The day of reckoning is near

GENM FOREVERRRRR

A moment of silence for our brethren in gloves. They do not realise that Bursa has many other companies...

And that GENM is the safest haven

In uncle lim we trust HUAAAAAAT AHHH

Gloves are crashing. Vaccines are also crashing. Both are overhyped

The entire market is in a bloodbath

But GENM stands tall rock solid as the mountain in which it sits. Even after ex-dividend. That is telling you something. It means when markets turn and rebounds, it will jump up like a spring unleashed

GENM confirm profit stock only question you need to decide is how high %

Recovery stocks is the only correct play

SIALANGGGGG

Only 24 Covid-19 cases today. If nothing else, Malaysia's handling of the pandemic is world class. Genting Highlands/Malaysia segment makes up 75-80% of GENM's EBITDA


With the US markets shrugging off covid-19 fears and flying as we speak, tomorrow will be the start of GENM's rise. Better and better quarters ahead, vaccine development, RW Catskills and RW New York City opening, Genting Highlands theme park in 1Q21, customary year-end/CNY rally for gaming stocks...


JUST ALL IN GENM SURE WIN 


RM6 cominggggg

While the world crash and burns GENM remains rock solid

The winds of sentiment cannot sway the king of the mountain

Gloves drop. Vaccine also drop. What is mr market telling you?

That both are overhyped. That Covid-19 is temporary. That it is not the end of the world. That this too shall pass. And the human spirit shall endure, just as surely as the sun rises

In GENM we trust

If you look at it, the bloodbath is due to gloves, yet GENM stands tall

Retailers don't understand that the glove situation is temporary, that Covid-19 is a one-off, that this too shall pass

And in the end, GENM will stand alone atop the mountain and reclaim the skies

Form is temporary class is permanent

SIALANGGGGG

GENM is essentially back to pre-covid 19 visitor levels

With a host of vaccine results to be announced in October and November, all it needs is just positive trials and it will be limit uppp and then when the Ministry of Health signs an agreement with one of the vaccine producers...tripleee limit uppp

My brethren, sing with me GENM FOREVERRRRR

Anyone who knows how to read will know the 100 cases: -

1. 62 from Benteng cluster in Sabah

“These (new cases in Benteng cluster) are controlled cases which are not within the community,” said Noor Hisham during a press conference today.

2. 22 from Sungai cluster in Kedah

All the new cases are from within the same clusters that now test positive in other words transmission/spread has been contained

Malaysia's Health DG and contact tracing are world class with one of the lowest mortality rates 1% due to early detection tomorrow continue the GENM partyyy sialanggggg

There it is...switching to recovery stocks has begun

Wave after wave buy up is coming

In all the volatility, GENM is the safest refuge

Covid-19 (and its effects) are one-off and temporary events, even the most hardcore glove shareholder and article assumes the pandemic to last at most 2 years... Gloves are therefore a ticking time bomb, waiting for a day when it will fall back and normalise...because this too shall pass and the indomitable human spirit shall forever endure

And Gaming stocks? Gambling is human nature since time immemorial. GENM atop the mountain where it stands, shall endure for as long as earth exists. And once this one-off event passes into memory, profits will rise once more, and for those who have studied its past, you will know that coming out of a recession, GENM / casino profits always make record highs

Remember my brethren, form is temporary, class is permanent

SIALANGGGGG RM 6 COMINGGG

Everywhere there is blood, but the true king of the mountain, soaring above the clouds, provides the safest refuge for everyone, big or small, rich or poor, man or woman or child

In Genting we trust. Sialanggg

Everywhere there is bloodbath, but GENM stands tall ! Because everyone is waiting for weak shareholders to exit and to mop up those cheap shares before the market turns and recovery stocks come into play and go into a melt up ! Sialanggggg

My brethren, my comrades

Hold the line !

Gloves are dragging the market, but GENM stand tall at the top of the mountain looking down at the panicked world at its feet. The low volume means only the weak are shaken, the strong hold steady !

The day of reckoning is near. All of you will be taken to the promised land

In uncle lim we trust. Sialang.

While this isiot keeps saying it's not best time yet and keeps losing money on his 'best time already' glove stocks, genting keeps getting greener...no wonder stockisnotfun for him trololololo

Those who doubt GENM just need to go up Genting Highlands and see for yourself the crowds and stand in awe of the vision that Uncle Lim Goh Tong had so many years ago...truly riches to last until the end of the world for as long as the mountain and the land and the earth exists.

In Uncle Lim we trust.

Sialang.

Roses are red
Violets are blue
Who sell
Who cry

Trolololo

Bursa only opens from 9am until 5pm Monday to Friday...after 5pm and weekend where else to gamble if not GENTINGGG HUAAAAAAT AHHH

Total covid-19 cases today is 62, out of which 56 are local, out of which 50 are in Sabah. Fear not, because Peninsular Malaysia remains covid-19 free and the King of the Mountain stands tall amongst the clouds...

Gloves are down. Pharma are also down. Both sectors are overhyped

The only correct play is recovery stocks

SIALANGGG GENM RM 6 COMINGGG

Always remember, the market is always always forward looking

SIALANGGG IN UNCLE LIM WE TRUST HUAAAAAAAAAAAAAAAAAAAAT

The number one and only correct play is recovery stocks

6 months from now, you will be up at genting highlands and looking upon the crowds and the world at your feet, you will be wondering to yourself (like the old timers in 1998 and 2009 and bank stocks...) was there any doubt that Genting shall once again claim the title as the true king of the skies

RM 6 COMING SIALANGGGGG

Glove also got IB say TP RM100 before split go buy la trololol...all 'sifus', paid group, old man koon, pasar aunty everyday shout post article spam forum see where is it lol no need give 30% la...i give 10% above current share price now everyone of them and their grandma will sell all glove shares trolololo

You stuck at high or for those havent bought, just buy la genting malaysia is a minimum triple digit return by chinese new year next year

In 6 months, 12 months from now when this has all passed, and Genting is packed with people, you will look back on this day and wonder to yourself, why did you ever doubt Genting (like those weary old timers who thought banks would go down in the asian financial crisis in 1997 or the global financial crisis in 2009...)

Dont worry, uncle lim will take you all to the promised land

ALL TIME HIGHS RM 6 COMING SIALANGGG

On 27 Aug 20 GENM announced the 2Q20 results of RM 900 mil loss

The next day 28 Aug 20 share price actually went up

In other words current share price is at bottom because 2Q20 was the worst quarter (with complete shutdown of RWG) and yet share price rose

Always remember, the market looks forward

And this has not yet taken into account the theme park opening has been pushed forward to 1st quarter 2021...

Malaysia makes up 75%-80% of Genting Malaysia (GENM) EBITDA

Malaysia is covid-19 free

Visitor volume is back to 2/3 of pre-covid level.. and judging from the Merdeka holidays visitors may even hit record highs as there is a overseas travel ban and Genting becomes the top holiday destination in the country

Hence GENM will rise regardless and does not need to rely on a vaccine

If a vaccine comes soon, China which makes up about 10% of visitors will be back. So GENM flies

If one does not come soon, Malaysians will make up for the shortfall, because months staying at home has made everyone restless and if you're saying they don't have money...look at Bursa's retail participation gambling is human nature and when Bursa is closed...where do you think they're going to gamble...when that happens you buy the house because the house always wins. So GENM flies

US casino's continue to melt up even through Nasdaq dropped

Recovery stocks is the smart money

Las Vegas Sands Corp.
LVS 51.96 USD +1.32 (2.61%)

MGM Resorts International
MGM 23.52 USD +0.46 (1.99%)

Wynn Resorts, Limited
WYNN 87.72 USD +0.36 (0.41%)

Gaming stocks are global and foreign funds will whackkk

The only correct play is recovery stocks

The king of the mountain shall rule the skies once again

In uncle lim we trust

Limittt uppppp sialanggggg

US casinos have been rising, and even with the plunge in US markets yesterday was stable. And this based on the fact that covid-19 is still raging across the US and casino volume is low

Macau casinos have been rising, with only the news that Macau 'will' open its borders to China

Malaysia is essentially covid-19 free, with visitor volume up to 2/3 pre-pandemic levels, and Malaysia contributing the biggest to GenM and price is still at current levels lol

Sialanggggg triple digit % before CNY next year huaaaaaaaat

NEW YORK, Sept. 3 -- Malls in New York City and casinos statewide can reopen on Sept. 9 as COVID-19 infections have remained low, New York State Governor Andrew Cuomo said Thursday.

Malls in the city will be allowed to reopen at 50 percent capacity and casinos statewide can reopen at 25 percent capacity on Sept. 9, Cuomo said Thursday during a conference call with reporters.

"Thanks to the hard work of New Yorkers, we are at a point in our fight against this virus where we can safely reopen malls in New York City as long as they adhere to strict health and safety protocols," Cuomo said. "Masks, enhanced air ventilation systems, and social distancing will be mandatory."

The governor also talked about the hotly debated issue of indoor dining in New York City, saying during the conference call that the final decision rests with the state.

Cuomo said he would like to see restaurants reopening for indoor dining in the city but compliance and enforcement remain a major hurdle in doing so.

https://klse.i3investor.com/blogs/kianweiaritcles/2020-09-04-story-h1513317135-NYC_malls_casinos_statewide_to_reopen_NY_governor.jsp


Catskills and NYC opening huuuuaaaaaaaaaaaaaaaaaat

This is the surest stock downside at max 2 or 10% from current price and at least triple digit profits, risk:reward ratio of more than 10 to 1 apa lagi lu mao sialanggggggg

Maybank noted that the outlook for two of Genting’s key subsidiaries – Genting Malaysia and Genting Singapore – was mixed.

“49%-owned Resorts World Genting (RWG )has been performing better than Genting Malaysia expected,” Yin said. “RWG reopened on 19 June 2020 with ~30,000 visitors daily but now welcomes ~45,000 visitors daily. RWG may have recouped 2/3 of its usual visitation.”

https://www.asgam.com/index.php/2020/09/03/maybank-turns-cautious-on-gentings-resorts-world-las-vegas-hopes/

2/9/2020

Las Vegas Sands Corp.
LVS 51.33 USD +1.67 (3.36%)

MGM Resorts International
MGM 23.72 USD +0.94 (4.15%)

Melco Resorts & Entertainment Ltd
MLCO 19.69 USD +0.91 (4.85%)

Wynn Resorts, Limited
WYNN 89.33 USD +3.05 (3.54%)

The US casino's are in a melt up


The loaded spring is about to be unleashed sialanggggg RM6 in December huaaaaaat

.

We are all in the gutter, but some of us are looking at the stars - Oscar Wilde


When everything has been thrown at it, when it's at rock bottom, the only way is the skies


GENTING SHALL TAKE ALL OF YOU TO THE PROMISED LAND


RM 6 BY CHINESE NEW YEAR NEXT YEAR SIALANGGG

Gloves down. Vaccine also down. Both are overhyped

The only correct play is recovery stocks

Genting sits atop the mountain and like the king of the mountain it shall endure for as long as the land and the soil and the planet endures

In uncle lim we trust sialanggggg

Faster la breakkk

Genting packed every damn day coming quarters will only be better and better while the borders are closed...and when it reopens boom another leg-up. When price is at the bottom, the only way is uppp

No brainer sialanggg and wait for the day of reckoning in uncle lim we trust huaaaaat

My fellow brethren HK-listed casinos all greennn. When price is at the bottom, the only way is uppp

Genm's day of reckoning is near sialanggg in uncle lim we trust huaaaaaat

My brethren, my comrades !

HK-listed casinos are flying today !

the day of reckoning is near

Genting shall take all of you to the promised land in one parabolic impulse move up limit up coming soon huaaaaat

The Malaysia market makes up 70-80+ % of profits

Breakdown of results by geographic segment

Adjusted EBITDA
FY 31 Dec (RM Mil)
2019 2018

2,048.2 2,297.3 - Malaysia
231.6 182.4 - United Kingdom and Egypt
289.3 305.8 - United States of America and Bahamas
2,569.1 2,785.5 - Leisure & Hospitality

49.3 42.1 - Property
23.0 45.2 - Investment & others

2,641.4 2,872.8 - Adjusted EBITDA (Total)


With reopening in June 2020 and genting full every damn day, the worst is truly over

Vaccine after vaccine news, reopening of economy, travel ban overseas making genting the premier tourist destination, and then eventually the reopening of borders and 'travel bubbles' between Asian countries that are covid-19 free like China, South Korea, SG etc...

You want to buy when it shows profits? Can...you wait la next year Chinese New Year you can buy at RM 6 trolololo remember, markets are always forward looking

My comrades, my brethren, my brothers in arms, sialanggg with conviction in uncle lim we trust huaaaaaaaaaaaaaat

Just as Bursa's Technology and Semiconductor moving with US tech, Gaming companies are global and they move together


Friday, 28 Aug 2020

Las Vegas Sands Corp.
LVS 52.16 USD +1.63 (3.23%)

MGM Resorts International
MGM 23.86 USD +1.05 (4.60%)

Melco Resorts & Entertainment Ltd
MLCO 19.90 USD +0.85 (4.46%)

Wynn Resorts, Limited
WYNN 91.55 USD +5.03 (5.81%)


Get ready for the melt up Genting shall take all of you to the promised land limit uppp sialanggg

It rose today even with massive losses because as mentioned, all has been priced in

Always remember markets are forward looking

Current price is rock bottom. Point of maximum fear = sialanggg

US casino LVS MLCO MGM WYNN all melt upppppp

RM 5 here we come Merdekaaa

Limkokthay say this is all you got to threaten margin call..? what a joke trolololo

Worldwide casinos all melting uppp recovery stocks limit uppppp

Domestic make up the majority of Genting Malaysia revenues..cannot fly overseas and hand itchy go where..up the KING OF THE MOUNTAIN in uncle lim we trust huaaaaaaaaaaaaaaaat

Worst is already out. Current price is bottom.

Malaysia has handled covid-19 well. Genting everyday full full and domestic actually make up majority of income. Only way is up up and away to infinity an beyonddd few cents want to kira play contra ka lol go play goreng penny stocks la this is sialanggg stock next year RM5 huaaaaaaaat

US casinos all flying...HK listed Macau casinos up in Uncle Lim we trust worst is over for genting huaaaaaat limittt uppp

Lai lai who wan sell faster sell