GENTING BHD

KLSE (MYR): GENTING (3182)

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Last Price

4.40

Today's Change

-0.02 (0.45%)

Day's Change

4.32 - 4.40

Trading Volume

8,958,800


45 people like this.

84,307 comment(s). Last comment by MoneyMakers 49 minutes ago

Posted by Stocksafeplayer > 2021-08-26 20:45 | Report Abuse

That’s y price today hovered around 4.95…..predicted 6.50 by now if interstate re-opened & Genting MY fully open… Sigh..

Posted by Stocksafeplayer > 2021-08-26 21:04 | Report Abuse

On track to TP 7.35….. slow gravy train. Ha ha

I m so happy with GenM’s New York & UK’s results.

Posted by Stocksafeplayer > 2021-08-26 21:05 | Report Abuse

Look forward to National Day & Vaccination progress in MY!!!

emsvsi

3,517 posts

Posted by emsvsi > 2021-08-26 21:41 | Report Abuse

Gaming co's are compared on an EBITDA basis. US & Bahamas is EBITDA positive with RWNYC's gross gaming revenue (GGR) is approx. the same as the pre-pandemic level in 2019. UK & Egypt is also EBITDA positive

From the 2Q21 press release:

Despite operations in Malaysia, the United States and the UK and Egypt continuing to be interrupted by COVID-19 closures, Genting Malaysia recorded a 700% year-on-year increase in group-wide revenue to MYR817.9 million (US$195.0 million) in 2Q21, with Adjusted EBITDA of MYR45.6 million (US$10.9 million) versus an EBITDA loss of MYR486.2 million (US$115.9 million) a year earlier.

At Resorts World Genting in Malaysia, revenue increased from MYR82.2 million (US$19.6 million) to MYR237.9 million (US$56.7 million) despite the property suspending operations from 1 June.

In the US and Bahamas, revenue soared from a zero base to MYR352.9 million (US$84.1 million) with Adjusted EBITDA of MYR109.3 million (US$26.1 million).

“The improvement in earnings was also driven by the swift recovery registered at Resorts World Casino New York City (RWNYC), with the property achieving approximately the same level of gross gaming revenue this quarter as compared to the corresponding quarter in 2019,” the company said.

Revenue in the UK and Egypt grew five-fold to MYR185.3 million (US$44.2 million) with Adjusted EBITDA of MYR14.3 million (US$3.4 million) thanks to the reopening of Resorts World Birmingham and the Group’s land-based casinos in the UK as of 17 May 2021.

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Posted by Sunflower01 > 2021-08-27 08:35 | Report Abuse

good morning

Posted by GentingFinished > 2021-08-27 08:41 | Report Abuse

Brand recognition in other parts of US will be boosted for resorts world after RWLV opened

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-08-27 08:54 |

Post removed.Why?

Sharefisher

5,470 posts

Posted by Sharefisher > 2021-08-27 09:49 | Report Abuse

Breaking 5 today? Haha ha....

Posted by bullmarket1628 > 2021-08-27 09:51 |

Post removed.Why?

Posted by wallstreetrookie > 2021-08-27 10:15 | Report Abuse

Bursa index to hit 1,600 as foreign investors snatch shares of local blue chips.

Posted by wallstreetrookie > 2021-08-27 10:15 | Report Abuse

Genting to hit RM5.00

lloydlim

3,964 posts

Posted by lloydlim > 2021-08-27 10:16 | Report Abuse

Uptrend momentum getting stronger now!

Sharefisher

5,470 posts

Posted by Sharefisher > 2021-08-27 10:25 | Report Abuse

FF sapu again yesterday..

troy88

2,940 posts

Posted by troy88 > 2021-08-27 10:33 | Report Abuse

Never a doubt it will go back to RM5+

Posted by Stocksafeplayer > 2021-08-27 10:39 | Report Abuse

This is only the beginning…. Haha

Huat ah, Heng ah, Ong ah!

Posted by Glovefinished > 2021-08-27 11:44 | Report Abuse

is time to going DOWN ! RUN

Posted by Glovefinished > 2021-08-27 11:44 | Report Abuse

Now glove theme

Posted by Glovefinished > 2021-08-27 11:48 | Report Abuse

Glove is bacK !!!!

Posted by Stocksafeplayer > 2021-08-27 11:54 | Report Abuse

Yes, Gloves so far VERY SHXT Stock performance for past 12 months. MORE SHXT from gloves? Possible….

emsvsi

3,517 posts

Posted by emsvsi > 2021-08-27 12:05 | Report Abuse

Market is saying it doesn't like the Cabinet line-up...wonder what it was expecting, Jerome Powell money printer go brrr ka ha ha ha ha ha

LossAversion

1,707 posts

Posted by LossAversion > 2021-08-27 12:06 | Report Abuse

Cabinet made from drift Woods that can be useless very soon.

TGMaster

238 posts

Posted by TGMaster > 2021-08-27 12:13 | Report Abuse

Why you like to scold TG? Whats the problem with between you and TG?



Posted by Stocksafeplayer > Aug 27, 2021 11:56 AM | Report Abuse

Eh, WHY Top Glove still BANNED by US Govt until today?
LWC kept saying will settle…. Talk kok kah? Long wait since end March leh…HAHAHA

Posted by Stocksafeplayer > 2021-08-27 12:17 | Report Abuse

Beloved Genting Comrades,

Are you ready for next week, National Day week when 50% total MY population can be fully vaccinated?

Are you ready for SEPTEMBER & OCTOBER?

TGMaster

238 posts

Posted by TGMaster > 2021-08-27 12:19 |

Post removed.Why?

TGMaster

238 posts

Posted by TGMaster > 2021-08-27 12:26 |

Post removed.Why?

Posted by Glovefinished > 2021-08-27 12:26 | Report Abuse

USA dow jones going crash , KLCI Bluechip stock now too high too is time to crash too .
Only Glove is safe when market Crash .
Glove will Rocket soon as possible

TGMaster

238 posts

Posted by TGMaster > 2021-08-27 12:27 |

Post removed.Why?

Posted by Glovefinished > 2021-08-27 12:27 | Report Abuse

malaysia covid Death cases New high
Covid cases New high too
Recover stock is dangerous right now

Posted by Glovefinished > 2021-08-27 12:31 | Report Abuse

Malaysia now Open back some business, very soon covid cases will Hit 50k

Posted by Glovefinished > 2021-08-27 12:32 | Report Abuse

covid cases 50k is coming soon

TGMaster

238 posts

Posted by TGMaster > 2021-08-27 12:39 |

Post removed.Why?

Posted by Glovefinished > 2021-08-27 12:50 | Report Abuse

Topglove is better than this

choysun

4,326 posts

Posted by choysun > 2021-08-27 12:52 | Report Abuse

Aiyo, thought may have discount again but solid as a rock... :(
https://youtu.be/w3PoTnkLfxE

TGMaster

238 posts

Posted by TGMaster > 2021-08-27 12:54 |

Post removed.Why?

choysun

4,326 posts

Posted by choysun > 2021-08-27 12:57 | Report Abuse

@TGMaster and @Stocksafeplayer Until today still no peace ah? Whole forum every day see both of you wayang only leh... Hahaha

TGMaster

238 posts

Posted by TGMaster > 2021-08-27 12:57 | Report Abuse

Criminals usually will still deny they did not do anything wrong even after the judges handed their sentences.

Posted by gentingfinish > 2021-08-27 13:20 |

Post removed.Why?

Posted by Godblessyou > 2021-08-27 13:20 | Report Abuse

Foreign funds already started flowing into blue chip stocks last week. Seems like Genting is back on track. To the skies and beyond!

Posted by Stocksafeplayer > 2021-08-27 13:44 |

Post removed.Why?

DestinyL

4,740 posts

Posted by DestinyL > 2021-08-27 13:51 | Report Abuse

Choysun, whether can get discount need to wait for shareinvestor88 and gang to start posting ya!

Posted by Glovefinished > 2021-08-27 14:03 | Report Abuse

Topglove harta is better

gentingfinish Hi glovefinished kossan is most undervalued than supermax and topglove
27/08/2021 1:20 PM

Posted by Stocksafeplayer > 2021-08-27 14:09 | Report Abuse

Stop telling lies la @ Glovefinished… Are you a glove expert kah?

Sailangking

1,912 posts

Posted by Sailangking > 2021-08-27 14:15 | Report Abuse

tonight qr should out...........huuuhuuuuu

Sharefisher

5,470 posts

Posted by Sharefisher > 2021-08-27 14:35 | Report Abuse

Hope genting QR also will surprise me like my other holdings. Popi Popi.... Losses decreased = profit increased. Haha ha...

TGMaster

238 posts

Posted by TGMaster > 2021-08-27 15:22 |

Post removed.Why?

Posted by Glovefinished > 2021-08-27 15:23 | Report Abuse

Profit Lost u happy what?


Sailangking tonight qr should out...........huuuhuuuuu
27/08/2021 2:15 PM

Posted by Stocksafeplayer > 2021-08-27 15:41 | Report Abuse

Of course happy la…. Improving 2Q21 results from GenS, GenP & GenM so far…. Hahaha

Posted by Stocksafeplayer > 2021-08-27 15:51 | Report Abuse

Anyway, for Genting Berhad, I think 2H21’s results more important to see how GenT is performing when all its casinos can operate fully…. Now still pending interstate ban to be lifted in MY.

Past results la…2Q21, most important is share prices….

Unlike some gloves, really Shxt stock performance for past 12 months despite very good profits… WHY??

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