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.

84,181 comment(s). Last comment by mushimushi 10 minutes ago

emsvsi

3,517 posts

Posted by emsvsi > 2021-11-25 20:14 | Report Abuse

WAITING FOR GENTING TO IPO 100%-OWNED USD4.3 BIL RESORTS WORLD LAS VEGAS (RWLV) IN THE US !

US-MAJORITY GAMING CO'S (E.G. CAESARS, BOYD, MGM) TRADE AT PRICE/BOOK RATIO OF 3 AND ABOVE

1invest1

1,467 posts

Posted by 1invest1 > 2021-11-25 21:09 | Report Abuse

emsvsi Tks for first & fast response to relay Q3 results

Moving forward, Genting will be firing all cylinders
come Dec 10 when Skyworlds start operations.

Q4 will get even better.
By CNY G Group all green & awesome results.

Riaz1954

1,296 posts

Posted by Riaz1954 > 2021-11-25 21:26 | Report Abuse

I think very respectable set of results given the circumstances. US is very encouraging and soon malaysia will contribute positively. Good price to acquire shares for medium term returns

Peaches L

874 posts

Posted by Peaches L > 2021-11-25 22:02 | Report Abuse

Thks greatly @emsvsi for dissecting d qtrly result numbers and to all for sharing yr invaluable opinions on it. Very helpful indeed and much appreciated. Hv a great day.

Posted by alieyasmart > 2021-11-25 22:07 | Report Abuse

Good result for today

Posted by choysun > Nov 25, 2021 6:51 PM | Report Abuse

Wow, not bad results. Better than I expected. Damn la, no more 4.80 :(

Tobby

7,397 posts

Posted by Tobby > 2021-11-25 22:13 | Report Abuse

All this downtrending of Genting, Genm and GenP is due to very bearish bursa! If not we would have seen prices much higher by now! Compounded by political instability and lack of institutional support!
After latest QR, it's very clear Genting are extremely undervalue!

newbie2019

1,768 posts

Posted by newbie2019 > 2021-11-25 22:31 | Report Abuse

tomorrow que 4.8 and 4.9?

Sharefisher

5,470 posts

Posted by Sharefisher > 2021-11-25 22:42 | Report Abuse

Guys.. Be realistic.... Genting is still not making huge profit.... Let's see tomorrow market reaction.

choysun

4,322 posts

Posted by choysun > 2021-11-25 22:50 | Report Abuse

@Sharefisher My bet is I won't get my 4.80... :(

shybutter

624 posts

Posted by shybutter > 2021-11-25 23:04 | Report Abuse

Good day today.

But hope to see more rebounced after this.

Stock: [GENTING]: GENTING BHD

Last Price Today's Change Day's Range Trading Volume
4.94 +0.02 (0.41%) 4.91 - 4.96 2,862,900

choysun

4,322 posts

Posted by choysun > 2021-11-25 23:25 | Report Abuse

Mobile sports betting should be starting January in NY. And I think they are having slots in a mall ready for Q1 Q2 time next year as well. Its going to be a brilliant 2022! :)
https://www.igbnorthamerica.com/addabbo-calls-for-january-launch-as-ny-mobile-betting-rules-finalized/

emsvsi

3,517 posts

Posted by emsvsi > 2021-11-25 23:26 | Report Abuse

Markets are forward looking 6 months ahead (for some sectors, even up to 12 months...)

In 6 months i.e. June 2022 Malaysia and Singapore will be largely, if not fully, back to normal with the UK & Egypt and US & Bahamas firing on all cylinders
(For reference, just look at the UK which has fully reopened for months and yet covid-19 deaths remain far below peak levels)

Then add the USD4.3 bil Resorts World Las Vegas which is performing above expectations (double the forecasted revenue - Nomura's RWLV forecasted revenue FYE2022: USD 350 mil and FYE2023: USD 477 mil when actual 3Q21 RWLV revenue alone is USD 175 mil)

On top of that, the coming quarters 4Q21 and 1Q22 will show marked improvement...and a turnaround play...
(in fact, secretly suspect 4Q21 might deliver a profit if there are no longer any impairments..... (see the breakdown of the 3Q21 results on page 21)

Tobby

7,397 posts

Posted by Tobby > 2021-11-25 23:29 | Report Abuse

As long as bursa is bearish territory, it's hard to see any positive reaction for Genting!
Let's face it, that's how things are!

i3lurker

13,818 posts

Posted by i3lurker > 2021-11-26 00:35 | Report Abuse

some foreign US and European experts are saying that China might be closed for 1 more year plus plus plus

no need to draw intestines lah

btw other collateral damage also include Air Asia

Posted by Sunflower01 > 2021-11-26 08:04 | Report Abuse

Good morning highlands

Sharefisher

5,470 posts

Posted by Sharefisher > 2021-11-26 08:23 | Report Abuse

Market will tell you.... Don't worry. Just wait for 9am.

Calafate

314 posts

Posted by Calafate > 2021-11-26 08:41 | Report Abuse

Awaiting cheap, cheap tickets today.
Hope shareinvestor88 will work harder.

OnTime

2,188 posts

Posted by OnTime > 2021-11-26 08:41 | Report Abuse

doom or boom

Goldgent

1,348 posts

Posted by Goldgent > 2021-11-26 08:43 | Report Abuse

Cheap sales? Lorry already waiting at roadside!

Sharefisher

5,470 posts

Posted by Sharefisher > 2021-11-26 08:48 | Report Abuse

T-O still at 4.93......

conppl2

9 posts

Posted by conppl2 > 2021-11-26 08:58 | Report Abuse

red as usual

OnTime

2,188 posts

Posted by OnTime > 2021-11-26 09:05 | Report Abuse

not bad

conppl2

9 posts

Posted by conppl2 > 2021-11-26 09:06 | Report Abuse

like that also call not bad? where is skyrocket?

Karma4444

743 posts

Posted by Karma4444 > 2021-11-26 09:25 | Report Abuse

just because tengku annouce budget , all drop like shit, ada wow

Karma4444

743 posts

Posted by Karma4444 > 2021-11-26 09:30 | Report Abuse

wow 2.99 coming

Sharefisher

5,470 posts

Posted by Sharefisher > 2021-11-26 09:36 | Report Abuse

Billion of losses.....4.8+. Really not bad lah..... If any banks have this kind of losses.... No eyes to see. You just need to be realistic and wait for real recovery in performance.

LossAversion

1,707 posts

Posted by LossAversion > 2021-11-26 09:38 | Report Abuse

@Karma4444, that's GENM. Already put in Q GenM for 2.88, Genting 3.55.

Karma4444

743 posts

Posted by Karma4444 > 2021-11-26 09:42 | Report Abuse

ready ready

Karma4444

743 posts

Posted by Karma4444 > 2021-11-26 10:19 | Report Abuse

my paper profits all gone, holland burn all

kingkong

83 posts

Posted by kingkong > 2021-11-26 10:21 | Report Abuse

4.69 next support, good luck

Riaz1954

1,296 posts

Posted by Riaz1954 > 2021-11-26 10:36 | Report Abuse

Short term correction…due to general world wide market conditions. New year will rally

OnTime

2,188 posts

Posted by OnTime > 2021-11-26 10:44 | Report Abuse

4.8 is here

Sharefisher

5,470 posts

Posted by Sharefisher > 2021-11-26 10:45 | Report Abuse

4.80 coming....

Posted by trading2019 > 2021-11-26 10:46 | Report Abuse

Bloodbath!

Sharefisher

5,470 posts

Posted by Sharefisher > 2021-11-26 10:46 | Report Abuse

Just my opinion.... U turn soon. If not, hmmmmmmm......

ALrookie

127 posts

Posted by ALrookie > 2021-11-26 10:49 | Report Abuse

panic sell only~ relax

Karma4444

743 posts

Posted by Karma4444 > 2021-11-26 10:52 | Report Abuse

klci all masuk longkang liao

OnTime

2,188 posts

Posted by OnTime > 2021-11-26 10:53 | Report Abuse

gm better than gb?

Karma4444

743 posts

Posted by Karma4444 > 2021-11-26 10:53 | Report Abuse

all because budget 2022

Karma4444

743 posts

Posted by Karma4444 > 2021-11-26 11:06 | Report Abuse

looks like limit down :(

Sharefisher

5,470 posts

Posted by Sharefisher > 2021-11-26 11:12 | Report Abuse

OK... 4.79.....I support support a bit.... Hope can help.

Karma4444

743 posts

Posted by Karma4444 > 2021-11-26 11:14 | Report Abuse

dont support lah, let free fall

DestinyL

4,740 posts

Posted by DestinyL > 2021-11-26 11:16 | Report Abuse

I don't support, I just buy

Karma4444

743 posts

Posted by Karma4444 > 2021-11-26 11:17 | Report Abuse

let more drop, more drop, i waiting 2.99

Sharefisher

5,470 posts

Posted by Sharefisher > 2021-11-26 11:17 | Report Abuse

Haha ha......

Sharefisher

5,470 posts

Posted by Sharefisher > 2021-11-26 11:27 | Report Abuse

I suspect this round of pushing down the market is just for window dressing in year end. Other than that, I can't think of other reason.

DestinyL

4,740 posts

Posted by DestinyL > 2021-11-26 11:29 | Report Abuse

141 counters up
868 counters down
303 unchanged

newbie2019

1,768 posts

Posted by newbie2019 > 2021-11-26 11:55 | Report Abuse

4.5 kambing

Karma4444

743 posts

Posted by Karma4444 > 2021-11-26 11:59 | Report Abuse

I waiting 2.99

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