Posted by i3lurker > 2023-02-17 16:31 | Report Abuse

not to worry
no worries
I will order the Gobermen to increase gambling taxes to build more hospitals

Posted by Junichiro > 2023-02-17 16:32 | Report Abuse

I think foreign selling.

Posted by ClaraChan94 > 2023-02-17 16:33 | Report Abuse

Collect a bit then at rm4.86...

Posted by casanwk > 2023-02-17 16:37 | Report Abuse

Extreme support 478

Posted by Dragonboy > 2023-02-17 16:40 | Report Abuse

Stock price always down b4 it go up higher. Whale making their move?

No worry.. Be happy... It will break 5.34 eventually

Hoot9eee! ; P

Posted by troy88 > 2023-02-17 17:06 | Report Abuse

all tourism related stocks got hammered together with tech today, not just Genting. Bursa has no backbone and follows too much the US futures..

Posted by newbie2019 > 2023-02-17 17:06 | Report Abuse

jus aiming for some good div next week announcement

Posted by James_Bond > 2023-02-17 17:33 | Report Abuse

Only managed to sell 5% of my Genting Berhad…

Posted by James_Bond > 2023-02-17 17:34 | Report Abuse

Nvm, keep the remaining 95% for possible dividends… cheers…

Posted by emsvsi > 2023-02-17 17:40 | Report Abuse

GENTING 3182 CHEAPER THAN MENU RAHMAH NOW !

Posted by dompeilee > 2023-02-17 18:25 | Report Abuse

Hah! I already predicted last month when it was just below $5 that a sharp drop was long overdue & so I refused to chase to add even a single share to my existing holdings...it could be lim c ock tah i's family clandestinely UNLOADING like what they did last yr: release fake news about TauRx & then DUMPED 20 mil shrs to naive newbies & other funds @ 5.20...I trust no one but myself, not dragon328, not analysts, not directors who are all likely to have their own ulterior motives!

Posted by Pinky > 2023-02-17 20:23 | Report Abuse

Hahahahaha RM6 konon

Posted by oo ten > 2023-02-17 20:35 | Report Abuse

JAN UNTIL MAY IS HOT SEASON

Posted by James_Bond > 2023-02-17 21:08 | Report Abuse

I heard some of you, unhappy with such unreasonable tumble in Genting share price… James promises will not dispose Genting shares, keep the remaining 95%, continue support Genting Berhad and will let the profits run… Cheers! Happy Weekends!

Posted by dragon328 > 2023-02-17 21:32 | Report Abuse

@dompeilee, you don't have to trust me, just trust the numbers and do your own analysis and judgement.

When I wrote my 1st article on Genting Bhd, it was trading at RM4.46. It went on to rally to a high of RM5.10 or 14% gain.

My target price for Genting was set based on my reasonable valuation of its various subsidiaries, and a lot of value needs to be unlocked from Resorts World Las Vegas through a US listing, from Empire Resorts once it wins a full-fledged casino license in New York, and from TauRx when it gets approval progressively from the authorities in the US, UK, Canada and Europe.

Even before it unlocks the massive value in these entities, its stakes in Genting Singapore is already worth more than its entire market capitalisation. Furthermore, Genting Singapore itself is grossly undervalued compared to regional peers.

Enough is said and everybody knows Genting is undervalued and it really depends on the management how to unlock them at the right time. We just need to have the patience for them to do the right things and for the various subsidiaries to pursue interests in own areas. Each of these takes time, eg. New York casino license tender will take several months and TauRx may need time to talk to the various authorities in different countries.

Posted by dragon328 > 2023-02-17 21:38 | Report Abuse

As for the sharp drop of Genting share price today on heavy volume, I am not too sure why it happened so.

It all started to happen when AI said the government would not implement GST in 2023, then all sorts of analysts and economists started to chip in and talk about other tax avenues for the government to increase its tax revenue, such as an extension of the prosperity tax, inheritance tax, tax on dividend, capital gain tax etc as written by a CIMB analyst.

From another angle, there are 2 call warrants issued by CIMB on Genm and Genting expiring end of this month. Perhaps the issuing bank is doing some tricks so as to settle these call warrants at zero value.

But again, share price movements on any given day is too hard to predict or explain. At the end of the day, fundamentals prevail.

Posted by Raymond Tiruchelvam > 2023-02-17 21:47 | Report Abuse

@dragon328 .... right said on "end of the day fundamentals prevail". I believe at 4.00 the price embodied the covid scenario possible prolong, but post covid 4.50 looks like a sure bet, and so it went there, but over shot to well above 5.00 which is premature.... but possible after another 2 Q results assuming the growth trend on last Q continues, therefore the price today is yes a little disappointing, but surely underpriced moving forward assuming the last Q growth maintained

Posted by dragon328 > 2023-02-17 21:52 | Report Abuse

ya we need to see for at least another 2 quarters of results of Genting and Genting Singapore. One quarter of result for 4Q itself will not speak much.

In fact, I am looking at past 10-15 year performance to be able to judge for how much it may recover.

Posted by emsvsi > 2023-02-18 10:03 | Report Abuse

YES GENTING 3182 WELCOMES NAYSAYERS !

Posted by Bullkobear > 2023-02-18 14:55 | Report Abuse

No panic sales i am waiting at 4.80 on Monday

Posted by emsvsi > 2023-02-18 15:07 | Report Abuse

BULLKOBEAR THANKS FOR YOUR SUPPORT AT 4.80 !

Posted by twynstar > 2023-02-18 17:13 | Report Abuse

The Mindset of a Value Investor - Li Lu



https://www.youtube.com/watch?v=PpeBlcd8ixk

Posted by dompeilee > 2023-02-18 19:33 | Report Abuse

U guys are forgetting that it was the founder's son who started the spiral down for the stock when he tried to 'embezzle' GenM's cash to save his floundering Empire Resorts( note that when it opened in early '18, the bet look secure as the economy was still on the high tide so GenM was never offered any participation). When the bet clearly turned sour by Jul '19, he dragged that co. into his private mess & started the downfall of Gent.

What a shameless creep...treating minority s/hrs like little children who don't understand what he was doing underhandedly.At the time, I wrote to 5 / 6 funds to band together to call for an EGM but none of them replied...instead they chose to RUNNNN & so the price crashed below $6 & has never gone above that level in the last 4 years... Fortunately, the Universe delivered swift karma & his GentingHK WENT BANKRUPT!!!! HAH!
As I predicted, Empire has continued to be a black hole for the co...4 years on...

Please allow for a 50% discount for no credibility & no integrity of LKT!

Posted by DickyMe > 2023-02-18 20:41 | Report Abuse

Empires does not last. It takes three generation to bring down what the forefathers earned.
Family feud is enough.

Posted by i3lurker > 2023-02-18 20:48 | Report Abuse

after deducting the "personal fcuktor", the fair price is less than RM1.00
RM0.88 like I said already
everything has a price and a price for everything

Posted by dompeilee > 1 hour ago | Report Abuse

U guys are forgetting that it was the founder's son who started the spiral down for the stock when he tried to 'embezzle' GenM's cash to save his floundering Empire Resorts( note that when it opened in early '18, the bet look secure as the economy was still on the high tide so GenM was never offered any participation). When the bet clearly turned sour by Jul '19, he dragged that co. into his private mess & started the downfall of Gent.

What a shameless creep...treating minority s/hrs like little children who don't understand what he was doing underhandedly.At the time, I wrote to 5 / 6 funds to band together to call for an EGM but none of them replied...instead they chose to RUNNNN & so the price crashed below $6 & has never gone above that level in the last 4 years... Fortunately, the Universe delivered swift karma & his GentingHK WENT BANKRUPT!!!! HAH!
As I predicted, Empire has continued to be a black hole for the co...4 years on...

Please allow for a 50% discount for no credibility & no integrity of LKT!

Posted by James_Bond > 2023-02-19 08:06 | Report Abuse

Casino Royale fund will continue support Genting Berhad! No worries! Cheers! Shall see Genting Berhad above 5.00!

Posted by Goodprofit > 2023-02-19 13:51 | Report Abuse

if RM4.50 come down that
means RM4.20 is waiting

Posted by OnTime > 2023-02-19 13:58 | Report Abuse

this week genting got mauled by the bear, next week the bull will goad the bear.

Posted by prudentinvestor > 2023-02-19 15:25 | Report Abuse

When investing in the stock market, extreme optimism or pessimism should be avoided. Extreme optimism or pessimism can result in irrationality. Prudence is the name of the game!!!

Posted by i3lurker > 2023-02-19 15:55 | Report Abuse

the myth is over when Genting HK went bankrupt.
another lockdown will be Sayonara

Posted by Bullkobear > 2023-02-19 16:10 | Report Abuse

I still prefer the song: Knock three times: Buy 4.80 ….4.00….third tune at 3.50 LOL… uncle Lim wake up.

Posted by Bullkobear > 2023-02-19 16:10 | Report Abuse

I still prefer the song: Knock three times: Buy 4.80 ….4.00….third tune at 3.50 LOL… uncle Lim wake up.

Posted by dompeilee > 2023-02-19 16:45 | Report Abuse

19-21 BILLION nett debt incurring compounding 8-10% interest charges...more than offsets the holding of GenS...As recently as 2017 it was still 5 billion net cash & STILL there was a huge discount of $2 or more / shr!

Posted by emsvsi > 2023-02-19 17:12 | Report Abuse

WELCOME NAYSAYERS !

Posted by OnTime > 2023-02-19 17:17 | Report Abuse

wow sharks smell blood

Posted by James_Bond > 2023-02-19 17:19 | Report Abuse

Real facts as below:-
1. Genting Berhad is a net cash company with cash/ total current liability of 2.70!

2. Genting Berhad has lucky 7 turbocharged engines.

Turbocharged Engine 1: Genting Singapore, transforming to RW 2.0, one of the world best resorts for tourists to check in. 



Turbocharged Engine 2: Genting Malaysia, holding the monopoly casino business in Malaysia. With the opening of the new Sky-world theme park + higher rental fees + higher hotel rate per night, definitely will generate more profits to Genting. 



Turbocharged engine 3: High palm oil price, bringing more profits to Genting Plantation and Genting Berhad. 



Turbocharged Engine 4: High turnover of visitors to Genting premium outlets with higher parking rate and rental fees will bring higher profits to Genting Plantation/ Genting Berhad. 



Turbocharged Engine 5: High oil and gas price will bring more profits to Genting berhad! 



Turbocharged Engine 6: TauRx, awaiting FDA approval for Alzheimer treatment. 


Turbocharged Engine 7: Genting Berhad is going to auction off Miami property, which it acquired in 2011 for US$236 million. This Miami property worth more than US$1000 million at current market value.

All in all, Genting is your Best of the best investment in 2023. Creme de la creme.

To all Genting shareholders, I wish you all, Happy Investing in Genting Berhad with glamorous returns!

Best Wishes,
-James_Bond-

Posted by i3lurker > 2023-02-19 17:27 | Report Abuse

"If you knew how you were going to die, how would you live your life differently?"
- Cortana

Posted by i3lurker > 2023-02-19 17:34 | Report Abuse

margin call is a double sided sword

Posted by MG9231 > 2023-02-19 18:22 | Report Abuse

@Dompeilee, do you short sell Genting?

Posted by DestinyL > 2023-02-19 21:10 | Report Abuse

I've read @Dompeilee's replies in the past, likes to show pride when make a tiny profit
When lose money, keep quiet lol

Posted by Riaz1954 > 2023-02-19 21:40 | Report Abuse

Big question is the correction Genting specific or wider market concern? If you at the markets there is market wise correction. That said I w worry about insiders playing dirty games running into result season. Whilst there is normally a trading ban, they find a way to dispose big ..this has happened frequently, that is why a big single investor is a problem ….as they can dispose off any time …I have no doubt as to Gentings prospects particularly wen you add TAURx into the equation, as many medical experts say that the news is positive. The big question remains how the majority shareholder and his band of syndicates behave between now and then!

Posted by i3lurker > 2023-02-20 02:45 | Report Abuse

Summary:
STRONG SELL

Moving Averages: STRONG SELL Buy (0) Sell (12)
Technical Indicators: STRONG SELL Buy (0) Sell (7)

RSI(14) 18.721 Oversold
STOCH(9,6) 34.500 Sell
STOCHRSI(14) 0.000 Oversold
MACD(12,26) -0.060 Sell
ADX(14) 66.352 Sell
Williams %R -88.889 Oversold
CCI(14) -168.9906 Sell
ATR(14) 0.0321 High Volatility
Highs/Lows(14) -0.1336 Sell
Ultimate Oscillator 28.322 Oversold
ROC -4.528 Sell
Bull/Bear Power(13) -0.2320 Sell
Buy: 0 Sell: 7 Neutral: 0
Summary: STRONG SELL

Posted by casanwk > 2023-02-20 08:44 | Report Abuse

Is the bearish structural completed? ( 10 minutes)
If completed. Will smart $ continue 2 manipulated the price to 138 fib @ 478?
( taking out weak holder) before rebounding again!
O rebound at 472?
(Daytrading)

Posted by neohts > 2023-02-20 08:50 | Report Abuse

willing buy, willing sell.
Set buy at 4.80. Good Luck

Posted by Nepo > 2023-02-20 09:01 | Report Abuse

still not the time to buy yet..

Posted by OnTime > 2023-02-20 09:09 | Report Abuse

we r all small minnows swimming in a small pond

Posted by dompeilee > 2023-02-20 09:16 | Report Abuse

Genting diehard believers, pls put your $ where your mouth is & buy now lol

Posted by dompeilee > 2023-02-20 09:22 | Report Abuse

Ok I will give u some support...bought 600 @ 4.80 to lower the average cost of my 10k shrs.

Posted by emsvsi > 2023-02-20 09:51 | Report Abuse

YES WELCOME ALL NAYSAYERS TO THE GREATEST SUPERBULL RUN STOCK IN CASINO DE KLSE ! JOIN US FOR THE RIDE OF YOUR LIFE !

Posted by emsvsi > 2023-02-20 10:01 | Report Abuse

DON'T SUCCUMB TO THE FEAR OF LOSSES ! LIKE THE PANDEMIC IT IS ONLY TEMPORARY AND THIS TOO SHALL PASS !