GENTING BHD

KLSE (MYR): GENTING (3182)

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Last Price

4.72

Today's Change

-0.02 (0.42%)

Day's Change

4.70 - 4.76

Trading Volume

3,288,100


41 people like this.

82,543 comment(s). Last comment by keyman 2 hours ago

DestinyL

4,739 posts

Posted by DestinyL > 2023-02-22 11:00 | Report Abuse

At 5.11, everything was just too rosy that day

DestinyL

4,739 posts

Posted by DestinyL > 2023-02-22 11:01 | Report Abuse

It's the exact opposite during the recent election

AngTayKor

1,745 posts

Posted by AngTayKor > 2023-02-22 11:30 | Report Abuse

Yes @DestinyL to trade well in stock market requires trading habits that are against human nature. We need to understand crowd psychology and capitalise on it. The stock charts that I can draw is not much different from top traders that I consult with but it is the way they think, their trading psychology and market experience that makes them the top 1%. This is my grandmaster's favourite book: Extraordinary Popular Delusions and the Madness of Crowds- Charles Mackay

troy88

2,790 posts

Posted by troy88 > 2023-02-22 11:31 | Report Abuse

Bursa is just weak. Anwar effect seems to have lost it's magic..

neohts

2,181 posts

Posted by neohts > 2023-02-22 11:41 | Report Abuse

LKT sleeping.

Riaz1954

1,285 posts

Posted by Riaz1954 > 2023-02-22 11:52 | Report Abuse

Even Airasia share price is rallying whilst Genting struggles…it has to be internal folks dumping for sure …means the results may be well below expectations …..

James_Bond

3,156 posts

Posted by James_Bond > 2023-02-22 12:15 | Report Abuse

Averaged up and Bought at 4.75! Cheers!

James_Bond

3,156 posts

Posted by James_Bond > 2023-02-22 12:16 | Report Abuse

Comrades, let’s hold the forts! We can do it! Cheers!

James_Bond

3,156 posts

Posted by James_Bond > 2023-02-22 12:17 | Report Abuse

Lawan tetap Lawan!

AngTayKor

1,745 posts

Posted by AngTayKor > 2023-02-22 12:19 | Report Abuse

Posted by James_Bond > 7 hours ago | Report Abuse
Personally has been buying Genting Berhad shares from 4.3+ all the way up to 5+ and now 4.8+ to fight against those shorties! Don’t you see that Genting still closed green on 21/2/2023?
Lawan tetap Lawan. Cheers!
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James Bond ah... I have been reading this stock's daily RSS shorted volume and there is almost zero RSS shorts unless Bursa's info is totally way off. Professional traders observe price action whether it is a "green bar" or not. Professional cha cha dancer's advice is: “There is only one side of the market and it is not the bull side or the bear side, but the right side.”

stncws

10,412 posts

Posted by stncws > 2023-02-22 12:20 | Report Abuse

more tax for genting this friday..

James_Bond

3,156 posts

Posted by James_Bond > 2023-02-22 12:25 | Report Abuse

AngTayKor, guess you r merely one of the traders, not long term investor valuing growing business as fundamental rule for investment!

AngTayKor

1,745 posts

Posted by AngTayKor > 2023-02-22 12:31 | Report Abuse

Professional cha cha dancer can swing a few million GenB shares at a go but the correct approach to successful stock trading is that we are all small fishes swimming behind the whales trying to eat some of their leftover crumbs. Stay humble in the stock market. Once traders get cocky and try to do some macho stunts, the market has a way of teaching them a lesson and make them poorer. Always be a humble student of the market.

AngTayKor

1,745 posts

Posted by AngTayKor > 2023-02-22 12:34 | Report Abuse

Posted by James_Bond > 6 minutes ago | Report Abuse
AngTayKor, guess you r merely one of the traders, not long term investor valuing growing business as fundamental rule for investment!
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If you like value investing, below rm3.00 was very good value then. Happened abt 2 years ago.

AngTayKor

1,745 posts

Posted by AngTayKor > 2023-02-22 12:46 | Report Abuse

LKT doesnt seem to value his company's fundamentals by massively dumping his shares not too long ago. And he may dump his shares again. I duno why so many people still value something that LKT doesnt seem to value.

Nepo

3,339 posts

Posted by Nepo > 2023-02-22 13:29 | Report Abuse

Good to see someone support and bought at RM4.75..cheers

James_Bond

3,156 posts

Posted by James_Bond > 2023-02-22 13:51 | Report Abuse

Personally didn’t find LKT selling any Genting Berhad shares lately? Mind to share?

Posted by ClaraChan94 > 2023-02-22 14:05 | Report Abuse

I guess it's foreign fund selling...

AngTayKor

1,745 posts

Posted by AngTayKor > 2023-02-22 14:09 | Report Abuse

Posted by AngTayKor > 2022-10-31 15:28 | Report Abuse

Prompt warning was given by ATK just before the imminent collapse of share price back on 09/06/2022:


Posted by AngTayKor > 2022-06-09 01:01 | Report Abuse
KIEN HUAT INTERNATIONAL LIMITED (a substantial shareholder) disposed 2,692,500 shares on 08-Jun-2022.
KIEN HUAT REALTY SDN BERHAD (a substantial shareholder) disposed 3,026,800 shares on 07-Jun-2022.
KIEN HUAT REALTY SDN BERHAD (a substantial shareholder) disposed 2,357,700 shares on 03-Jun-2022.
KIEN HUAT REALTY SDN BERHAD (a substantial shareholder) disposed 1,200,000 shares on 02-Jun-2022.
KIEN HUAT INTERNATIONAL LIMITED (a substantial shareholder) disposed 20,000,000 shares on 07-Jun-2022.


OMG what is LKT doing??? Really unexpected!
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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.
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AngTayKor > 2022-06-09 15:58 | Report Abuse

Of course better for professional cha cha dancers. 4 rounds of successful GenB trades this year.

Posted here last night that LKT selling his GenB shares in large volumes daily. Smart traders would have cleared their balance this morning. The fake investor whose average prices can auto drop can even give delusional talk abt M&A of GenB at high price.

Shines

2,758 posts

Posted by Shines > 2023-02-22 14:09 | Report Abuse

DSAI already say retabling of tge 2023 Budget is more to curb unnecessary Govt. spending

neohts

2,181 posts

Posted by neohts > 2023-02-22 14:25 | Report Abuse

LKT is still the major shareholder holding 44% of company shares.

Riaz1954

1,285 posts

Posted by Riaz1954 > 2023-02-22 14:49 | Report Abuse

Air Asia up 7% and Gamuda has been star performer …..and yet this Genting struggles big time to make headway! Defies logic, as I said before big problem that we have a single dominant shareholder who can cause significant damage by trading ….we had this with Myeg, Serbadk, and many more …..Bursa is full of doggy owners who lack ethics and corporate governance and may even be part of a syndicate as it is easy for them to make money from trading shares

Riaz1954

1,285 posts

Posted by Riaz1954 > 2023-02-22 14:51 | Report Abuse

The only thing certain is that at some point these doggy characters insiders will start buying again and make 10% they do this 4 times year ….not bad result!

Junichiro

2,050 posts

Posted by Junichiro > 2023-02-22 14:57 | Report Abuse

Who doesn't trade in shares to make $$ ? Even EPF... is also doing.

troy88

2,790 posts

Posted by troy88 > 2023-02-22 15:11 | Report Abuse

Market is bad, not just Genting. Even Airport which is an EPF favorite is down a lot..

newbie2019

1,721 posts

Posted by newbie2019 > 2023-02-22 15:13 | Report Abuse

4.5 coming?

casanwk

1,496 posts

Posted by casanwk > 2023-02-22 15:37 | Report Abuse

Mid point support 468

neohts

2,181 posts

Posted by neohts > 2023-02-22 15:37 | Report Abuse

Heavy force selling due to last Friday high trading volume.

Goodprofit

1,022 posts

Posted by Goodprofit > 2023-02-22 15:40 | Report Abuse

Waiting for 3.50

Posted by StartOfTheBull > 2023-02-22 15:43 | Report Abuse

Budget on this Friday. The fears of gaming tax is real. Hopefully it ends up to be just fears.

dragon328

2,091 posts

Posted by dragon328 > 2023-02-22 15:44 | Report Abuse

Genting under heavy selling but Genm is relatively steady, meaning that it should not be a new gaming tax that causes the selling.

Genting Singapore share price is steady and Q4 earnings are good, so it is not due to GenS.

The only things left in Genting Bhd but not in Genm are Resorts World Las Vegas and TauRx.
I suspect the worry of further US interest rate hikes to drag RWLV into losses may be the culprit.

neohts

2,181 posts

Posted by neohts > 2023-02-22 15:45 | Report Abuse

free fall.
today seller are all loser.
Tomorrow buyer could be big gainer if no gaming tax in Friday Budget.

dompeilee

11,888 posts

Posted by dompeilee > 2023-02-22 15:49 | Report Abuse

Wow...all the bulls here wrong like nobody's biz...

James_Bond

3,156 posts

Posted by James_Bond > 2023-02-22 15:56 | Report Abuse

Buy and hold! Cheers!

dompeilee

11,888 posts

Posted by dompeilee > 2023-02-22 16:00 | Report Abuse

Fortunately, I have Bank of East Asia to thank for today's profit, with the stock jumping from HK$10.16 to HK$11.18 in the last few days as SHORTIES got CAUGHT with their pants down due to the FY end results being less bad than expected

AngTayKor

1,745 posts

Posted by AngTayKor > 2023-02-22 16:02 | Report Abuse

Never become an involuntary investor

dompeilee

11,888 posts

Posted by dompeilee > 2023-02-22 16:04 | Report Abuse

Looking at the price action also can tell that several unscrupulous individuals are trading on insider information...

KooSan

378 posts

Posted by KooSan > 2023-02-22 16:08 | Report Abuse

The whole market is red....what insider?

Posted by cooledhawk123654 > 2023-02-22 16:14 | Report Abuse

fall could be due to increase in gambling tax ??

troy88

2,790 posts

Posted by troy88 > 2023-02-22 16:17 | Report Abuse

Whole market has turned bearish. Consumer, Tech all down. Even banks are in a slump!

Posted by prudentinvestor > 2023-02-22 16:17 | Report Abuse

"Waiting for 3.50"
@Goodprofit, be more realistic! Pray very hard for PN to win in Selangor.

RWG

1,051 posts

Posted by RWG > 2023-02-22 16:18 | Report Abuse

pn best win, genting will be 0.00 delist

emsvsi

3,513 posts

Posted by emsvsi > 2023-02-22 16:26 | Report Abuse

WELCOME NAYSAYERS ONCE BUDGET 2023 OVER GENTING 3182 WILL SKYROCKET

RWG

1,051 posts

Posted by RWG > 2023-02-22 16:46 | Report Abuse

anwar should clean all the pn best kaki , so that malaysia have a peaceful country

Posted by prudentinvestor > 2023-02-22 17:12 | Report Abuse

@emsvsi, you mean skyrocket to RM12.88 so that retailer investors would start to jump in to buy Genting and push its price further to RM22.88?

emsvsi

3,513 posts

Posted by emsvsi > 2023-02-22 17:16 | Report Abuse

INDEED PRUDENTINVESTOR WE SHOULD THROW CAUTION TO THE WIND FOR WHAT IS LIFE IF NOT LIVED

dompeilee

11,888 posts

Posted by dompeilee > 2023-02-22 17:18 | Report Abuse

Just ask all the corrupt politicians to pay back 10% of all the $$$ they stole, can give the whole country tax holiday for 2 years!

AngTayKor

1,745 posts

Posted by AngTayKor > 2023-02-22 17:21 | Report Abuse

Tonight FOMC minutes

vitac

520 posts

Posted by vitac > 2023-02-22 17:22 | Report Abuse

Why 10%, why not 90%

dompeilee

11,888 posts

Posted by dompeilee > 2023-02-22 17:34 | Report Abuse

Because they will never hand back 90% since they've spent most of it already lol

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