GENTING BHD

KLSE (MYR): GENTING (3182)

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Last Price

4.64

Today's Change

-0.09 (1.90%)

Day's Change

4.64 - 4.73

Trading Volume

3,420,000


43 people like this.

83,516 comment(s). Last comment by hw0706 5 hours ago

Income

10,604 posts

Posted by Income > 2022-06-09 06:45 | Report Abuse

This Tau I think is from Malay word tahu. You tau tak? Meaning You tahu tak?

Income

10,604 posts

Posted by Income > 2022-06-09 06:47 | Report Abuse

My Malay no bad lah. Makasih banyak banyak.

Income

10,604 posts

Posted by Income > 2022-06-09 09:07 | Report Abuse

Early morning dropped 8 sen. Omg

Income

10,604 posts

Posted by Income > 2022-06-09 09:12 | Report Abuse

Buy mo. Last chance to top up?

emsvsi

3,517 posts

Posted by emsvsi > 2022-06-09 09:12 | Report Abuse

HODL THE LINE GENTING SHAREHOLDERS ! DON'T LET THE NAYSAYERS SWAY YOUR CONVICTION IN THE TOP PICK SHURE WIN UNDERVALUED STOCK

Suriyan

62 posts

Posted by Suriyan > 2022-06-09 09:24 | Report Abuse

I’m not good at this stick language. Good to buy or not

Suriyan

62 posts

Posted by Suriyan > 2022-06-09 09:25 | Report Abuse

Stock language

angki

24 posts

Posted by angki > 2022-06-09 09:26 | Report Abuse

everybody can stay at first world

Income

10,604 posts

Posted by Income > 2022-06-09 09:26 | Report Abuse

How? Buy to keep for grandchildren?

Income

10,604 posts

Posted by Income > 2022-06-09 09:28 | Report Abuse

We can’t decide for you. You decide yourself.

—-
Posted by Suriyan > Jun 9, 2022 9:24 AM | Report Abuse

I’m not good at this stick language. Good to buy or not

Income

10,604 posts

Posted by Income > 2022-06-09 09:34 | Report Abuse

Anyway, I will definitely buy Taurx to treat my dog dementia. If 100% improvements for my dog, I will get Vet to sell Taurx. Selling Taurx through Vet no need FDA approval. Easier that way.

Income

10,604 posts

Posted by Income > 2022-06-09 09:39 | Report Abuse

2 years Honey Moon Genting is over. Time for Genting to shine. First is Taurx. Second is NY lesen. After that what else?

Income

10,604 posts

Posted by Income > 2022-06-09 10:01 | Report Abuse

This morning dropped 10 sen. Terrible lah. All go into hiding now?
Later last minute Ejaks, all come out to celebrate? Like this kah Bro and Sis?

Income

10,604 posts

Posted by Income > 2022-06-09 10:02 | Report Abuse

Don’t care lah. Tomorrow is more important lah than today.

Posted by alextan5680 > 2022-06-09 10:08 | Report Abuse

KUALA LUMPUR (June 9): RHB Investment Bank Bhd research has maintained its “Overweight” rating on the gaming sector and said while casino operators’ earnings generally underperformed estimates due to a slower-than-expected rebound, their recovery continues to progress forward, as countries transition towards living with Covid-19.

In a note on Thursday (June 9), the research house said the recovery in number forecast operators’ (NFOs) ticket sales seems to be slower than anticipated, but the worst should be over – given the end of movement restrictions and the resumption of economic activity.

RHB said Genting Malaysia Bhd’s (GenM) numbers fell short of expectations mainly due to lower-than-expected 1Q22 revenue, amid a high number of Covid-19 cases and the hold percentage from Malaysia.

It said Genting Bhd also disappointed, as GenM and its power segment’s underperformance outweighed the outperformance of Genting Plantations (MP, Sell, TP: RM7.35) and its oil & gas segments.

RHB said Magnum Bhd missed expectations, as its revenue fell short, at 20% of our full year forecast.

“The disappointing earnings were mainly due to: i) Softer- than-expected ticket sales, and ii) higher-than-expected prize payouts,” it said.

Meanwhile, it said Sports Toto Bhd outperformed, mainly due to the stronger-than-expected contribution from its UK motor dealership segment.

“This, in turn, was due to stronger-than-expected used car profit margins, fuelled by strong demand and tight supply,” it said.

“Post results, we trimmed GenM’s FY22-24F earnings by 10-3%, Genting’s by 13-2%, and Magnum’s by 30-15%.

“We lifted Sports Toto’s FY22 earnings by 3% on stronger motor sales and margins.

“Despite a disappointing 1Q22, we maintain our Overweight rating on the sector, as the casinos’ recovery is still on track and they should see better future earnings, given the reopening of borders and resumption of tourism activities in key markets in 2Q22,” it said.

RHB said the NFOs’ ticket sales recovery may be slower than expected, as some punters are likely financially worse off and may continue relying on illegal operators. Nevertheless, the NFOs’ earnings and dividends should continue to recover in the subsequent quarters along with the economic recovery.

Income

10,604 posts

Posted by Income > 2022-06-09 10:24 | Report Abuse

“Post results, we trimmed GenM’s FY22-24F earnings by 10-3%, Genting’s by 13-2%, and Magnum’s by 30-15%.

—-
Omg Rhb analysts causing G to bleed today.
No worries, I only have 25% here. Small numbers. Small risk.

Posted by valueinvestor15 > 2022-06-09 10:29 | Report Abuse

The insider is selling. Seems weird

Income

10,604 posts

Posted by Income > 2022-06-09 10:31 | Report Abuse

it’s normal for major shareholders to transfer their ownership from direct to indirect holdings and vice versa all d time. There’s nothing to b alarmed by it. On d hindsight, why wud u think someone wants to sell their biz away when they hv painstakingly built it for over 50 years and has taken it international and, everything is growing and bearing fruits?

Posted by Michael_chan2022 > 2022-06-09 10:43 | Report Abuse

The timing of the news release is fishy...what is their plan/motives??

JBond007

1,257 posts

Posted by JBond007 > 2022-06-09 10:54 | Report Abuse

@Income, After TauRx FDA application & New York casino bid, 'sawadeekap' time will come.
So which Thailand city do you prefer to build a casino, Bangkok, Pattaya, Phuket. Hua Hin, Hat Yai or
Chiang Mai???

vincent27

614 posts

Posted by vincent27 > 2022-06-09 10:54 | Report Abuse

Genting Bhd chairman sells shares as price rises to pre-pandemic levels

vincent27

614 posts

Posted by vincent27 > 2022-06-09 10:54 | Report Abuse

LIM famili is selling.

DestinyL

4,740 posts

Posted by DestinyL > 2022-06-09 10:54 | Report Abuse

Nothing changed la, left pocket to right pocket
Probably accounting treatment to minimize taxation

WinSSP

323 posts

Posted by WinSSP > 2022-06-09 10:58 | Report Abuse

nothing fishy in my view, only very tiny fraction of total shareholdings (direct/indirect). Read latest news shared by @DestinyL on their US biz performance.

WinSSP

323 posts

Posted by WinSSP > 2022-06-09 11:00 |

Post removed.Why?

DestinyL

4,740 posts

Posted by DestinyL > 2022-06-09 11:03 | Report Abuse

MBB TP is now RM5.96, after valuing TauRx at between USD1.1b to USD15b

MBB own words:
Under a 'blue sky' scenario, we postulate that GENT shares could be worth as much as MYR8.84 each

DestinyL

4,740 posts

Posted by DestinyL > 2022-06-09 11:05 | Report Abuse

Not a buy or sell call
If you had to ask someone their opinion, better sell since you have no confidence lol

WinSSP

323 posts

Posted by WinSSP > 2022-06-09 11:05 | Report Abuse

Thanks to those retail investors who sold, replaced by more institutional, richer investors :p

zaleha

42 posts

Posted by zaleha > 2022-06-09 11:09 | Report Abuse

holiday go theme park play

zaleha

42 posts

Posted by zaleha > 2022-06-09 11:09 | Report Abuse

this year many long holiday

WinSSP

323 posts

Posted by WinSSP > 2022-06-09 11:12 | Report Abuse

Agree w DestinyL. Stock market is always Risky. Better sell if you feel no confidence, don’t wait for postings from those dodgy ah pek, auntie calling themselves Sifu in this public forum. Pay for genuine professional advice if you need them. Otherwise, read from trusted sources. Your own money, you decide for yourself.

Income

10,604 posts

Posted by Income > 2022-06-09 11:17 | Report Abuse

Uncle Lim open so many Cashino… :-) NY, Thai?, Indonesia? Philippine? Korea?
Endless games for Uncle Lim. We just sit back to enjoy only…

Income

10,604 posts

Posted by Income > 2022-06-09 11:27 | Report Abuse

Only Arabica rich nations Genting can’t enter to open its Cashinos.

WinSSP

323 posts

Posted by WinSSP > 2022-06-09 11:33 | Report Abuse

Interesting to see that resorts world’s cruises is registered in Singapore & that genting snowpark is remained unlisted….I guess if any tycoon wanted to takeover genting group, probably their first target is GB, mother share….so, it’s good news for confident investors but bad news if investors are not confident.

kincho

37 posts

Posted by kincho > 2022-06-09 12:21 |

Post removed.Why?

Posted by Michael_chan2022 > 2022-06-09 12:22 | Report Abuse

Timing of the news release is really an issue... I don't like
No buy or sell call...your money you decide

1invest1

1,467 posts

Posted by 1invest1 > 2022-06-09 12:52 | Report Abuse

Income
Genting is in Egypt w casino ops.

Posted by OctaneGoh88 > 2022-06-09 12:55 | Report Abuse

Road to 6

1invest1

1,467 posts

Posted by 1invest1 > 2022-06-09 13:03 | Report Abuse

Michael_chan2022
Whatever reason to sell or switch
Timing - sell GB & Tx news CONTRAST
Owners always advantage.

Income

10,604 posts

Posted by Income > 2022-06-09 13:04 | Report Abuse

Egypt is in North Africa lah. I said Genting can’t open Cashino in Arab countries lah. So I am still correct lah. Arab can’t betting… illegal… can’t enter paradise later.

—-

Posted by 1invest1 > Jun 9, 2022 12:52 PM | Report Abuse

Income
Genting is in Egypt w casino ops.

Income

10,604 posts

Posted by Income > 2022-06-09 13:08 | Report Abuse

Arab countries… I mean in Arabian Peninsular lah only. The original Arab lah.

Iran also not Arab. Pakistani also not Arab lah. Indonesia also not Arab.

Income

10,604 posts

Posted by Income > 2022-06-09 13:15 | Report Abuse

Today Genting got ED problems. Can’t stand firm with itself?

Maybe like yesterday Genting last minute Ejacks? Who knows? Anything can happen in Bursa the biggest Cashino than Genting Highlands. Haha

Posted by valueinvestor15 > 2022-06-09 13:17 | Report Abuse

If you know you are going to make more money, why sell now? Of course, they can sell for some other reasons. but i think we need to be cautious about what they said and what they do

Income

10,604 posts

Posted by Income > 2022-06-09 13:23 | Report Abuse

Kincho,
You must give some rooms for Diehards Genting to save their faces. Don’t condemn Diehards supporters endlessly. They are only diehards supporters. Certainly they are no fool lah.

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Posted by kincho > Jun 9, 2022 12:21 PM | Report Abuse

Syndicates already start selling where this bunch of die hard fools still sticking like glue to the titanic. The worst part is they keep up the rhetoric as if genting is totally foolproof.

Income

10,604 posts

Posted by Income > 2022-06-09 13:32 | Report Abuse

Who control Bursa Cashino?
Genting doesn’t control Bursa.
Only Big Bank ers control Bursa… so only filthy rich bank ers can determine the prices of all the companies in Bursa. Got it?
Bankers = Whales
Syndicates = Sharks
Bilis = Food for Sharks and Whales???

choysun

4,313 posts

Posted by choysun > 2022-06-09 13:36 | Report Abuse

Looks like flush the weak day :)

Income

10,604 posts

Posted by Income > 2022-06-09 13:47 | Report Abuse

Luckily yesterday I bought one small lot to test only. But I paid full trading commissions. :-(

Someone bought 20% G at 5.22. He must be very nervous now???

Income

10,604 posts

Posted by Income > 2022-06-09 13:54 | Report Abuse

I want to be Eletric Eel. Even Whales or Sharks can’t eat electric eel. If they do, they will be electro circuited by electric eel. Haha

Kim

4,157 posts

Posted by Kim > 2022-06-09 14:38 | Report Abuse

Well said to rest & rest. Now my target reversal below 5.20 =)
Waiting to accumulate again.
5.10 - 5.15 ACCM

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