GENTING BHD

KLSE (MYR): GENTING (3182)

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Last Price

4.76

Today's Change

+0.06 (1.28%)

Day's Change

4.73 - 4.84

Trading Volume

12,083,300


43 people like this.

83,003 comment(s). Last comment by stncws 1 hour ago

stkoay

6,066 posts

Posted by stkoay > 2022-03-16 19:32 | Report Abuse

@bang_miskin, yes, MBB is low beta, while Genting is higher beta....in an up market, Genting should do better....but in a down market MBB is safer .....and even if market remains low for long time, MBB is buffered by it's high dividend.

choysun

4,309 posts

Posted by choysun > 2022-03-16 19:38 | Report Abuse

@SHQuah What war? It's Special Ops ok! :p

newbie2019

1,726 posts

Posted by newbie2019 > 2022-03-16 20:09 | Report Abuse

buy buy?

choysun

4,309 posts

Posted by choysun > 2022-03-16 22:07 | Report Abuse

Where the hell is @shareinvestor88 @apple168 @BILLC? All gone MIA for so long...

newbie2019

1,726 posts

Posted by newbie2019 > 2022-03-16 22:15 | Report Abuse

ya lo…. short term players???? hrm

stkoay

6,066 posts

Posted by stkoay > 2022-03-16 22:40 | Report Abuse

WOW........US and Europe super green......HUAT AH !!

choysun

4,309 posts

Posted by choysun > 2022-03-16 22:57 | Report Abuse

Wow, crazy Western Market... How tomorrow @stkoay? :p

stkoay

6,066 posts

Posted by stkoay > 2022-03-16 23:00 | Report Abuse

@choysun.....Genting will probably SKYROCKET ....haha :p

MBB...don't know....seow seow liao....haha :p

Tobby

7,397 posts

Posted by Tobby > 2022-03-16 23:19 | Report Abuse

Genting is now a no brainer investment! Just buy and hold! Every 3 months or so got fat divvy!

freddiehero

16,715 posts

Posted by freddiehero > 2022-03-17 07:11 |

Post removed.Why?

Serious

174 posts

Posted by Serious > 2022-03-17 07:23 | Report Abuse

Dow jumps nearly 600 points, oil prices slide

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-03-17 07:48 | Report Abuse

Time to move up to 5.......waiting too long already.

choysun

4,309 posts

Posted by choysun > 2022-03-17 07:55 | Report Abuse

You all know what to do la. Please don't spread panic ok :p

choysun

4,309 posts

Posted by choysun > 2022-03-17 07:58 | Report Abuse

Bloody Sands up 11.88% yesterday :p

Serious

174 posts

Posted by Serious > 2022-03-17 08:22 | Report Abuse

Oil Prices Tumble Below $100 and Keep Falling. Here’s Why.
https://www.marketwatch.com/articles/oil-prices-tumble-below-97-a-barrel-heres-why-51647341663?mod=moremw_bomw
Positive for tourism counters.

DestinyL

4,739 posts

Posted by DestinyL > 2022-03-17 09:46 | Report Abuse

Go go go!
Starting to sell my short term portfolios
Don't be too greedy ya!

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-03-17 09:58 | Report Abuse

Wau lau...

DestinyL

4,739 posts

Posted by DestinyL > 2022-03-17 10:00 | Report Abuse

Probably holding 4.50 unless new wind blows

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-03-17 10:11 | Report Abuse

Hot horse also like genting cha cha for almost a year.... Now tango..... Haha ha... Hope genting follows also.

alwin128

46 posts

Posted by alwin128 > 2022-03-17 10:24 | Report Abuse

Don't go up so far, need to add-on more at below 4.50..

Posted by Sunflower01 > 2022-03-17 10:47 | Report Abuse

good buy

emsvsi

3,516 posts

Posted by emsvsi > 2022-03-17 10:51 | Report Abuse

WAIT FOR Q1 AND Q2 RESULTS SURE BESTER AND BESTER

neohts

2,208 posts

Posted by neohts > 2022-03-17 11:01 | Report Abuse

https://www.thestar.com.my/business/business-news/2022/03/17/sp-genting-recovery-to-meet-expectations

S&P: Genting recovery to meet expectations
KUALA LUMPUR: S&P Global Ratings expects Genting Bhd’s ongoing operational recovery to meet its expectations, underpinned by disciplined spending and the reopening of Malaysian borders from April 1.

The rating agency, which has a BBB-/Stable/-- rating on Genting, said the stable outlook reflects its expectation that the group’s credit quality will stabilise.

“This follows the completion of its major investment cycle as well as our expectation of an operational recovery over the next two years, as Covid-19 restrictions gradually ease in its key markets.”

S&P Global Ratings noted that the Malaysia-based holding company of the Genting group reported an earnings before interest, taxes, depreciation, and amortisation (Ebitda) of RM4bil for 2021.

“This was up nearly 40% year over year, though still 45% to 50% below pre-pandemic levels. For 2022, we expect Ebitda to reach about 80% of pre-pandemic levels.”
The rating agency said Genting’s capital spending could substantially decline to RM3bil in 2022 from RM8.7bil in 2021.

“This follows the completion of major investment plans in the United States and Malaysia.
The company’s remaining investment plans in Singapore spanning the next four to five years should be manageable.” it said.

Additionally, it said a withdrawal of bidding for the Yokohama casino project in Japan will ease Genting’s capital-spending needs over the next two to three years.

“As a result, we expect positive, though marginally incremental discretionary cashflow from 2022, a reversal from the past several years.”

S&P Global Ratings said it is expecting an Ebitda recovery in 2022.

“This is despite a slower recovery due to the pandemic and various remaining social restrictions, such as capacity limits for gaming tables and proof of vaccination to enter casino premises.

“The recovery would be supported by a reopening of international borders and pent-up demand. For example, Malaysia will reopen its borders to international visitors from April 1, 2022, after shutting them for nearly two years.”
Separately, the rating agency said Genting’s US assets have quickly recovered.

“Resorts World Las Vegas (BB+/Stable/--) should meaningfully contribute to earnings from 2022. In addition, a better recovery than we expect at Genting New York LLC (BB+/Stable/--) and Empire Resorts Inc (B+/Stable/--) should help.

“Although social-distancing measures could hinder a full recovery of operations over the next 12 months, we expect Genting’s current earnings momentum and lower capital spending to support its credit quality.”

DestinyL

4,739 posts

Posted by DestinyL > 2022-03-17 11:18 | Report Abuse

I watched a vlog, posted time was around end Feb/early March.

The advice was, please try to avoid coming to Genting Highlands especially during weekend lol

emsvsi

3,516 posts

Posted by emsvsi > 2022-03-17 12:05 | Report Abuse

DOES THE VIDEO FEATURE HOT CHICKS DESTINYL

newbie2019

1,726 posts

Posted by newbie2019 > 2022-03-17 12:16 | Report Abuse

wow… high 5 pls

stkoay

6,066 posts

Posted by stkoay > 2022-03-17 12:27 | Report Abuse

Super Nice today.....HUAT AH !!

choysun

4,309 posts

Posted by choysun > 2022-03-17 12:57 | Report Abuse

@stkoay Tiger also nice leh. Break RM9 again. Free divvy :)

stkoay

6,066 posts

Posted by stkoay > 2022-03-17 15:08 | Report Abuse

@choysun Yes, Tiger is super nice, higher than pre ex price :)

DestinyL

4,739 posts

Posted by DestinyL > 2022-03-17 20:48 | Report Abuse

@emsvsi, no other reason for me to watch the vlog! lol

DestinyL

4,739 posts

Posted by DestinyL > 2022-03-18 09:21 | Report Abuse

Cha cha cha!

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-03-18 09:55 | Report Abuse

No volume...... Friday

neohts

2,208 posts

Posted by neohts > 2022-03-18 11:17 | Report Abuse

Should be slowly going up all the way since Malaysia, Singapore and US all open for visitors.
Revenue, Profit and Dividend is going to be continue higher.

WinSSP

323 posts

Posted by WinSSP > 2022-03-18 13:21 | Report Abuse

new daily covid cases not yet fall to below 10k, russ-ukr uncertainties remained, GenB not yet post its first quarterly net profit at group level, visitorships post April 1st not seen yet, remaining rides yet to be operational at skyworlds, waiting for RWLV’s first full year results….tunggu lor

choysun

4,309 posts

Posted by choysun > 2022-03-18 13:43 | Report Abuse

Let's see which counter gets surprises end of day today :)

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-03-18 14:51 | Report Abuse

Genting was 1RM more before a lot of good news out, need good results to move now.

DestinyL

4,739 posts

Posted by DestinyL > 2022-03-18 14:53 | Report Abuse

Bursa listed shares mostly like that
Need to show the money in QR then only the investors will believe and react

stkoay

6,066 posts

Posted by stkoay > 2022-03-18 16:58 | Report Abuse

Triple switching....BIG BIG volume done during pre close

DestinyL

4,739 posts

Posted by DestinyL > 2022-03-18 16:59 | Report Abuse

Yeah, LKT forced selling stories will be told

stkoay

6,066 posts

Posted by stkoay > 2022-03-18 17:00 | Report Abuse

9.9m done at 4.42 :(

stkoay

6,066 posts

Posted by stkoay > 2022-03-18 17:04 | Report Abuse

@Destiny...no, it happened to many stocks....big volume done at pre close

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-03-18 17:05 | Report Abuse

Yes... Crazy volume,,,,, some up.. Some down.... Interesting.... Haha ha

DestinyL

4,739 posts

Posted by DestinyL > 2022-03-18 17:05 | Report Abuse

Oh, then probably some funds knows something we don't

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-03-18 17:05 | Report Abuse

FF is playing actively...

DestinyL

4,739 posts

Posted by DestinyL > 2022-03-18 17:06 | Report Abuse

Genm also sold down

D197btg

45 posts

Posted by D197btg > 2022-03-18 17:06 | Report Abuse

quarter witching closing

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-03-18 17:06 | Report Abuse

Looks like switching sectors allocation to me.

DestinyL

4,739 posts

Posted by DestinyL > 2022-03-18 17:08 | Report Abuse

Tenaga and KLK also big big last minute volume

D197btg

45 posts

Posted by D197btg > 2022-03-18 17:08 | Report Abuse

q buy 4.45 kena 4.42, thanks to the witch :-)

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