GENTING BHD

KLSE (MYR): GENTING (3182)

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Last Price

4.42

Today's Change

-0.01 (0.23%)

Day's Change

4.39 - 4.49

Trading Volume

7,321,000


45 people like this.

84,233 comment(s). Last comment by Balian de Ibelin 13 minutes ago

Posted by alieyasmart > 2021-10-28 18:39 | Report Abuse

Need some breaks also.

And shopping is the best medicine

choysun

4,323 posts

Posted by choysun > 2021-10-28 21:10 | Report Abuse

@stkoay Getting ready machine gun bullets :)

stkoay

6,219 posts

Posted by stkoay > 2021-10-28 21:34 | Report Abuse

Yes choysun...I have taken some profit, now waiting to buy back also :p

choysun

4,323 posts

Posted by choysun > 2021-10-28 22:28 | Report Abuse

This weekend, I may go up to check on my investment. :)

Steveleehs

376 posts

Posted by Steveleehs > 2021-10-28 23:13 | Report Abuse

@choysun,wait for your observation report end of the week :)

Posted by shareinvestor88 > 2021-10-28 23:21 | Report Abuse

WAIT FOR Q3 RESULTS

Posted by impartiality > 2021-10-29 00:22 |

Post removed.Why?

Maridien2

1,084 posts

Posted by Maridien2 > 2021-10-29 00:36 | Report Abuse

Casino Stats: Why Gamblers Rarely Win

In a down economy, it's normal to start thinking of alternative ways to generate some extra money, but if you're tempted into thinking gambling is one of those good alternatives, you need to keep reading.

Games of No Chance
Math is the universal language, and it rarely ever lies. Each game you play at a casino has a statistical probability against you winning. (Every single time.) While this house advantage varies for each game, ultimately it helps ensure that over time the casino won't lose money against gamblers.

The house advantage obviously doesn't mean that you can't win, because people do win (and sometimes they win substantial amounts). However, it does mean that the more you play, the more the math works against you, and the better the chances are of you walking out of the casino with less money in your wallet than when you came in.

The Bottom Line
Almost every time, it's in your best financial interest not to walk into that casino and place the bet—the math simply isn't your friend. For those who want to press their luck anyway, make sure to quit while you're ahead. That "winning streak" you're on is definitely all in your head.

Posted by impartiality > 2021-10-29 00:36 | Report Abuse

You don’t even have to talk about a highly competitive market like Vegas they bought over zouk in sg 8 years ago and they don’t even know how to manage it . It spiralled down from the most prestigious club in sg to a club many Singaporeans want to avoid other clubs in sg have taken away their customers and they are far from being the most sought after

Goldgent

1,348 posts

Posted by Goldgent > 2021-10-29 01:15 | Report Abuse

Zouk Nightclub - the hottest club in Las Vegas.
https://www.youtube.com/watch?v=yGMR7Lea44o

Posted by impartiality > 2021-10-29 01:23 |

Post removed.Why?

Posted by impartiality > 2021-10-29 01:38 | Report Abuse

I am not a property guy I am an analyst . I cover multiple sectors

Serious

176 posts

Posted by Serious > 2021-10-29 07:37 | Report Abuse

@ impartiality
As a ' qualified' analyst, we will be enlightened that you reveal how you conclude that Genting Bhd is only worth 50 sen.

Sharefisher

5,470 posts

Posted by Sharefisher > 2021-10-29 07:41 | Report Abuse

Good morning.... Do you guys really invest purely based on the company business performance or follow the tide to make money? Come on.... Old hands...

choysun

4,323 posts

Posted by choysun > 2021-10-29 07:41 | Report Abuse

Shit, even analyst appearing in forum dy. Hoot sign out. Gone la my 4.80 :(

DestinyL

4,740 posts

Posted by DestinyL > 2021-10-29 07:57 | Report Abuse

shareinvestor88, come on buckle up, your bosses are here already

Posted by shareinvestor88 > 2021-10-29 08:01 | Report Abuse

good morning impartiality , it's impossible its worth 50c. Maybe 2.5-3.0

xxxx

1,398 posts

Posted by xxxx > 2021-10-29 08:02 | Report Abuse

Whoever says Genting is worth only 50 sen must be an escapee inmate from Tanjong Rambutan. Also an analyst? My foot!

xxxx

1,398 posts

Posted by xxxx > 2021-10-29 08:04 | Report Abuse

Ditto whoever says Genting is worth only 2.50 - 3.00!

Sharefisher

5,470 posts

Posted by Sharefisher > 2021-10-29 08:16 | Report Abuse

Haha ha... Today genting green.... Let's see.

emsvsi

3,517 posts

Posted by emsvsi > 2021-10-29 08:56 | Report Abuse

WAIT FOR Q4 RESULTS

Posted by shareinvestor88 > Oct 28, 2021 11:21 PM | Report Abuse
WAIT FOR Q3 RESULTS

ALrookie

127 posts

Posted by ALrookie > 2021-10-29 09:19 | Report Abuse

Never fail to entertain us! love u Sir!

Posted by choysun > Oct 29, 2021 7:41 AM | Report Abuse

Shit, even analyst appearing in forum dy. Hoot sign out. Gone la my 4.80 :(

emsvsi

3,517 posts

Posted by emsvsi > 2021-10-29 10:08 | Report Abuse

GOOD WEED YOU HAVE THERE

Posted by impartiality > May 27, 2015 9:24 AM | Report Abuse
Genting may be called upon to bail out IMDB. They sold their power plants to them and may be asked to buy them back at inflated prices. They will have no choice but to comply since their license is renewed monthly

Posted by Stocksafeplayer > 2021-10-29 14:20 | Report Abuse

Which firm @impartiality work for?
When an analyst is jobless, cannot call ownself analyst la… malu sendiri la

If a doctor, nurse, lawyer, engineer, accountant, singer, painter, photographer, hairdresser out of job….they still can call themselves doctor, nurse, lawyer etc

If an analyst, CEO, banker, MD, Director, cleaner, maid, construction worker, Manager, PM, Minister out of job or retired …. they cannot call themselves an analyst, CEO etc anymore la because the recognition only exist when employed. Jangan malu sendiri la…

Serious

176 posts

Posted by Serious > 2021-10-29 15:14 | Report Abuse

@Stocksafeplayer
Well said. Scaremonger won't succeed.

Posted by investor6688 > 2021-10-29 15:30 |

Post removed.Why?

OnTime

2,188 posts

Posted by OnTime > 2021-10-29 15:36 | Report Abuse

felt dizzy looking at it!

emsvsi

3,517 posts

Posted by emsvsi > 2021-10-29 16:59 | Report Abuse

Close unchanged

Next week November new month new beginnings year-end rally coming

Posted by alieyasmart > 2021-10-29 17:07 | Report Abuse

Can queue to buy back next week

Posted by stkoay > Oct 28, 2021 9:34 PM | Report Abuse

Yes choysun...I have taken some profit, now waiting to buy back also :p

Posted by alieyasmart > 2021-10-29 17:08 | Report Abuse

Genting might break 5.20 on Monday

My view

Dragonboy

370 posts

Posted by Dragonboy > 2021-10-29 17:11 | Report Abuse

I think 88 work very hard to push down the price this 2 weeks but our 3182 still standing strong. Sorry 88, 3.50 not match, 4.50 also not match. 5.50 is coming next week and super bull all the way to USD3.50 ; P

rtusha

35 posts

Posted by rtusha > 2021-10-29 17:29 | Report Abuse

https://shopee.com.my/-TIKET-EMAIL-NOW-Skytropolis-Funland-Ticket-in-Genting-Highlands-i.186068066.6904274836
Skytropolis Funland Ticket in Genting Highlands - buy buy buy

Karma4444

743 posts

Posted by Karma4444 > 2021-10-29 18:33 | Report Abuse

https://www.themalaysianinsight.com/bahasa/s/348124
cukai makmur

choysun

4,323 posts

Posted by choysun > 2021-10-29 18:43 | Report Abuse

Sien, won't get to top up at lower price. Ok la, see next week how. Maybe Q3 super nice and GenHK sail home... Hahaha

DestinyL

4,740 posts

Posted by DestinyL > 2021-10-29 19:24 | Report Abuse

Didn't even notice this today went down to 5.10 lowest, should've queued early
Later queued at 5.11 didn't match

jasonred79

1,040 posts

Posted by jasonred79 > 2021-10-29 19:26 | Report Abuse

@karma4444, that article is wrong. What they're saying is, all companies will pay the standard tax at 24% for profit up to 100m. Anything above 100m, the excess will instead be taxed at the higher rate of 33%.
That article writer thinks that the 24% is an extra tax on top of the normal corporate tax. He is wrong. Article writer got no brain.

Karma4444

743 posts

Posted by Karma4444 > 2021-10-29 19:51 | Report Abuse

Wrong or Not,genm earning is more than 100mil

Karma4444

743 posts

Posted by Karma4444 > 2021-10-29 19:54 | Report Abuse

Monday klci big collapse

jasonred79

1,040 posts

Posted by jasonred79 > 2021-10-29 20:20 | Report Abuse

@karma4444, you are wrong. Because Genting is carrying forward so much accumulated losses from 2020 covid period, their tax deductions are going to be massive in 2022. Genting will likely be paying ZERO tax in 2022. ... If I'm not misreading how the carrying over of losses in 2020 and 2021 financial year works, at least.

jasonred79

1,040 posts

Posted by jasonred79 > 2021-10-29 20:22 | Report Abuse

"Unabsorbed business losses can be carried forward for up to a maximum of 10 consecutive years from the previous seven years."
... oh, might not make any difference. Anyhow, Genting will get to carry over their losses for their 2022 tax calculations, I think? ... any tax consultant please correct me on this.

emsvsi

3,517 posts

Posted by emsvsi > 2021-10-29 21:31 | Report Abuse

RM1,000 tax relief for domestic tourism

5.35pm: The government will maintain the RM1,000 tax relief for domestic tourism next year.
Other measures to help the tourism industry includes a targeted wage subsidy scheme for tourism operators who are seeing a dip in revenue of at least 30 percent.
The government is also providing RM600 million in financing under the Penjana Tourism Financing and BPMB Rehabilitation Scheme

1invest1

1,467 posts

Posted by 1invest1 > 2021-10-29 21:45 | Report Abuse

jasonred79 Appreciated, no need to explain.
Genting is on recovery path with

c19 on the wane,
most people - herd immunity - vaccinated

Pent-up demand & revenge spending after lockdowns

Interstate travel open now
International tourism opening very soon

2 theme parks - outdoor & indoor on eve of opening
year-end school, Christmas, New Year, CNY holidays
year-end closing/window dressing

Not forgetting RWLV, other US, UK, Spore, etc all open
All performing better.

Is Genting B on an upward trend then ?

babanono

49 posts

Posted by babanono > 2021-10-29 21:49 |

Post removed.Why?

Sharefisher

5,470 posts

Posted by Sharefisher > 2021-10-29 22:06 | Report Abuse

My question is can company reduce tax makmur by declaring high dividend to shareholders? If yes..... I will love it.

jasonred79

1,040 posts

Posted by jasonred79 > 2021-10-29 22:19 | Report Abuse

Sharefisher: NO. Tax makmur is just normal income tax, but with an extra +8% for every ringgit profiit above RM100 million. No connection with dividend whatsoever, It's just an extra tier of income tax.

Sharefisher

5,470 posts

Posted by Sharefisher > 2021-10-29 22:32 | Report Abuse

So, taxable income comes before dividend to shareholders? Aiyo....

Sharefisher

5,470 posts

Posted by Sharefisher > 2021-10-29 22:37 | Report Abuse

But thinking of it,.. It is OK lah... 8% more for above 100 million, if genting is making good profit... We can gain from share price also.. Thanks Jasonred79

Calafate

314 posts

Posted by Calafate > 2021-10-29 22:49 | Report Abuse

@babanono...the video has some mistakes. 1) Genting Berhad listing date was incorrect 2) Genting Hong Kong is a different entity, not under Genting Berhad 3) Uncle Lim has sold NCL cruise long ago 4) The Nile Ritz-Carlton Cairo not belonging to Genting, GenM is just leasing the space for Crockfords Cairo casino.

Posted by babanono > Oct 29, 2021 9:49 PM | Report Abuse
Check this out ..
Genting funddamental & technical analysis
https://youtu.be/HRhmzPlFN7Y

Posted by greatinvestor > 2021-10-29 22:49 | Report Abuse

Aiyo, just one off tax only la no worry

Posted by greatinvestor > 2021-10-29 22:52 | Report Abuse

if profits are 150 millions , 100m tax on 24% , 50 millions tax on 33% . it is OK la.

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