Posted by kincho > 2022-05-26 21:49 |

Post removed.Why?

Posted by DestinyL > 2022-05-26 22:06 | Report Abuse

IMO the biggest single bad apple was GenP downstream biz
Rev drop 420m!
Not sure how much ebitda/lbitda that would've churned, need to read GenP QR to understand

Posted by Sharefisher > 2022-05-26 22:22 | Report Abuse

Buy in batches, sell also in batches..... Not perfect strategy but always good for me.

Posted by kincho > 2022-05-26 22:40 | Report Abuse

After going through the QR, the losses were mainly due to higher depreciation and finance costs; most importantly, it was still taxed 31.2 million which means it is still making money. Unfortunately in accounting terms, a loss is still a loss and it will surely scare off investors and caused major sell off. I suspect there is an agenda orchestrated by Genting itself by bargain hunting or even attempt to buy back its shares at lower price. Do monitor the movement tomorrow and make sure you don't follow the sell off and fall into the trap set up by the ruthless and heartless mastermind.

Posted by emsvsi > 2022-05-26 22:47 | Report Abuse

YES GFNTING WELCOMES ALL NAYSAYERS WHO WANT TO BUY

Posted by fulamak > 2022-05-27 01:52 | Report Abuse

creative accounting to taichi the makmur tax.

Posted by Sharefisher > 2022-05-27 08:17 | Report Abuse

Good morning.... Today job is to focus on genting price movement. Good luck everyone.

Posted by UPlanet > 2022-05-27 08:32 | Report Abuse

IF Russia Ukraine war drag on til year end, I don’t think good for tourism business lo! If the war getting spread through the Europe by year end, I think will be the condition will g
be more worst!!! Anyway just 50% vs 50% chances, fair bet!!!

Posted by Sharefisher > 2022-05-27 08:35 | Report Abuse

Let the contra players throw first, then let the trader panic cover their backside.... Then only I see how... Haha ha ha

Posted by DestinyL > 2022-05-27 08:37 | Report Abuse

Seems like the Edge wants to push down GB while supporting GenM
GB comparison is QtoQ, while GenM is YtoY, that's how they play the news title

https://www.theedgemarkets.com/article/axiata-umedic-optimax-mega-first-petdag-sunway-genting-genting-malaysia-mbsb-misc-maybank

Genting Bhd's net loss for its 1QFY22 widened quarter-on-quarter to RM199.68 million from RM129.81 million, due to weaker performance across most key operations. The 1QFY22 net loss marked Genting’s eighth straight quarterly loss since the pandemic started. Revenue for 1QFY22 fell 13% to RM4.21 billion from RM4.84 billion in 4QFY21, largely due to a 51% decline in the plantation segment's contribution to RM513.8 million, from RM1.04 billion. On a year-on-year basis, Genting managed to narrow its net loss to RM199.68 million or 5.19 sen per share in 1QFY22, from RM331.76 million or 8.62 sen per share, as revenue rose 87% to RM4.21 billion from RM2.25 billion in 1QFY21.

Genting Malaysia Bhd’s net loss for 1QFY22 narrowed to RM126.53 million from RM483.59 million a year ago, as revenue soared close to three folds to RM1.72 billion from RM623.35 million. It said the higher revenue was underpinned by the RM621 million or over three-fold increase in revenue from the leisure and hospitality business in Malaysia, compared to a year ago. This was mainly due to higher business volume from the gaming and non-gaming segments, as a result of the easing of travel restrictions during 1QFY22.

Posted by DestinyL > 2022-05-27 08:44 | Report Abuse

@UPlanet, if the the war spread out to other parts of Europe, sure, Genting will be hit
But in this condition, all other counters will most probably be hit as well, might trigger recession even

Posted by emsvsi > 2022-05-27 08:47 | Report Abuse

GET READY TO RUMBLEEE

Posted by Sharefisher > 2022-05-27 08:57 | Report Abuse

Open at 4.79.......hmmmm

Posted by DestinyL > 2022-05-27 09:00 | Report Abuse

Ding ding ding

Posted by DestinyL > 2022-05-27 09:01 | Report Abuse

The big push up the other day is gone

Posted by DestinyL > 2022-05-27 09:02 | Report Abuse

Cha cha cha!

Posted by fulamak > 2022-05-27 09:05 | Report Abuse

seems got big leg support

Posted by DestinyL > 2022-05-27 09:05 | Report Abuse

How come I don't see

Posted by emsvsi > 2022-05-27 09:08 | Report Abuse

ATTACKKKKK

Posted by Mini2021 > 2022-05-27 09:09 | Report Abuse

Contra kaki loss gao gao hahahahaha

Posted by ImLearningFromSifu > 2022-05-27 09:11 | Report Abuse

improvement on the way ma....
apa takut leh....

Posted by Sharefisher > 2022-05-27 09:12 | Report Abuse

Never never play contra...... May take few days to settle down. No rush.....

Posted by emsvsi > 2022-05-27 09:13 | Report Abuse

YES IMLEARNINGFROMSIFU YOUR SIFU IS CORRECT GENTING 2Q22 SHURE WIN

Posted by emsvsi > 2022-05-27 09:14 | Report Abuse

ATTACKKKKK MA200 HODL THE LINE HOOT9E !!!

Posted by ImLearningFromSifu > 2022-05-27 09:15 | Report Abuse

if last QR got improvement... next QR sure making money....
gonna hold for another quarter.
dont forget.. border open on 1/4/2022.
baru 2 months open nia....
think positive ya...
hope everyone here prosper.

Posted by Sharefisher > 2022-05-27 09:15 | Report Abuse

U turn..... Haha ha

Posted by emsvsi > 2022-05-27 09:15 | Report Abuse

MA200 HAS BEEN RETESTED GENTING 3182 UPTREND IS INTACT AND UNSTOPPABLE SUPERBULL RUN COMINGGG

Posted by ImLearningFromSifu > 2022-05-27 09:16 | Report Abuse

haha regret selling maybe... LOL

Posted by Sharefisher > 2022-05-27 09:17 | Report Abuse

Fear vs greed..... Haha ha.... Good show....

Posted by WinSSP > 2022-05-27 09:19 | Report Abuse

Ai yo @apple, why yr top glove now 1.37 new low?

Posted by WinSSP > 2022-05-27 09:20 | Report Abuse

Time for me to top up GenB

Posted by emsvsi > 2022-05-27 09:21 | Report Abuse

WHEN YOU ARE AT THE BOTTOM THE ONLY WAY IS UNLIMITED UP

Posted by ImLearningFromSifu > 2022-05-27 09:29 | Report Abuse

we dont go against people's will....
let those want to throw... throw first...
we collect later after lunch...
then wait for next QR...

Posted by yongyong88 > 2022-05-27 09:29 | Report Abuse

big funds selling.... SMALL RETAILERS IN SHOCK WILL COME UP WITH CONSPIRACY THEORIES, WILL BE IN DENIAL MODE AS PRICES KEEP DROPPING BUT WILL STILL KEEP DREAMING OF SUPERBULL RUN....

WAKE UP AND RUN RUN

Posted by matklse > 2022-05-27 09:31 | Report Abuse

Very disappointing quarter zzz, how come the revenue got worse when the country already reopened?

Posted by UPlanet > 2022-05-27 09:32 | Report Abuse

DestinyL, absolutely right!!! So let’s think WHAT can buy or keep if really happen to protect our wealth from depreciation?

Posted by Income > 2022-05-27 09:33 | Report Abuse

I am waiting to collect.
BadApple Come sell cheap to me. Apple168 you Short kaw kaw. My friends and I keep collecting slowly.

Posted by WinSSP > 2022-05-27 09:34 | Report Abuse

Agree @ILFS. Sign that richer investors replacing the ah niah, mini investors :p

Posted by DickyMe2 > 2022-05-27 09:34 | Report Abuse

"Posted by emsvsi > 12 minutes ago | Report Abuse

WHEN YOU ARE AT THE BOTTOM THE ONLY WAY IS UNLIMITED UP"
============================

IT COULD ALSO MEAN CLOSE FOREVER!!!

Posted by Income > 2022-05-27 09:35 | Report Abuse

I have limited money. That’s why I collect slowly.

Posted by RWG > 2022-05-27 09:35 | Report Abuse

malaysia stock is rubbish stock

Posted by matklse > 2022-05-27 09:36 | Report Abuse

Genting losing money left and right. No end in sight, the bleeding just won't stop

Posted by emsvsi > 2022-05-27 09:36 | Report Abuse

HODL THE LINE DIAMOND HANDS

Posted by Income > 2022-05-27 09:41 | Report Abuse

I am fighting an invisible Sellers.
You are as good as you mental toughness. If your mental psychology is Weak, you are losing to your shorting enemies.

——
yongyong88
big funds selling.... SMALL RETAILERS IN SHOCK WILL COME UP WITH CONSPIRACY THEORIES, WILL BE IN DENIAL MODE AS PRICES KEEP DROPPING BUT WILL STILL KEEP DREAMING OF SUPERBULL RUN....

WAKE UP AND RUN RUN
5 minutes ago

Posted by WinSSP > 2022-05-27 09:41 | Report Abuse

Please sell all if you think Genting no prospects anymore. I want to collect la…Haha

Posted by Income > 2022-05-27 09:46 | Report Abuse

WE ARE fighting with invisible Sellers.
You are ONLY as good as you mental toughness.
IS YOUR MENTAL TOUGH OR WEAK???

Posted by Sharefisher > 2022-05-27 09:47 | Report Abuse

Second wave is coming....

Posted by Sharefisher > 2022-05-27 09:53 | Report Abuse

Those who say want collect, maybe want to sell, those who say want to sell, maybe want to collect...... I like to read this forum.. Haha ha ha ha

Posted by Sharefisher > 2022-05-27 10:02 | Report Abuse

No need to rush if you want to sell or buy.... Let the market settle down first lah....

Posted by emsvsi > 2022-05-27 10:03 | Report Abuse

WELCOME ALL NAYSAYERS TO GENTING THE LAND OF DREAMS