GENTING BHD

KLSE (MYR): GENTING (3182)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

3.60

Today's Change

-0.06 (1.64%)

Day's Change

3.59 - 3.69

Trading Volume

7,422,100


47 people like this.

89,506 comment(s). Last comment by ImCK 2 hours ago

Posted by Michael_chan2022 > 2023-10-27 11:30 | Report Abuse

Let's find some motivational words: Ahhh... investment for the long term mah。。 the world only changes in years, not weeks

Posted by Michael_chan2022 > 2023-10-27 11:42 | Report Abuse

https://www.dhakatribune.com/financial-markets/328991/genting-singapore-sgx-g13-shares-up-4%25

Genting Singapore (SGX: G13) shares up 4% - Rival’s results boost hopes

Posted by Michael_chan2022 > 2023-10-27 12:32 | Report Abuse

The low is 380... Never say no...a drop below 4 is highly likely..., but it could occur after the announcement of the Q3 results.

Posted by Michael_chan2022 > 2023-10-27 13:54 | Report Abuse

https://www.scmp.com/economy/economic-indicators/article/3239159/chinas-1-trillion-yuan-sovereign-debt-plan-offers-positive-growth-implications-beijing-eager

China’s 1 trillion yuan sovereign debt plan offers ‘positive growth implications’, Beijing eager to strengthen down the road

wow! 1 trillion...Buy China's growth story, buy GenB 😀

neohts

2,585 posts

Posted by neohts > 2023-10-27 15:07 | Report Abuse

Still under collection mode.
Still not yet collect enough.
Once enough, they will push the price up.

James_Bond

3,485 posts

Posted by James_Bond > 2023-10-27 15:10 | Report Abuse

Dude, both local and foreign funds are shorting the share! Good Luck!

neohts

2,585 posts

Posted by neohts > 2023-10-27 15:50 | Report Abuse

Syndicate accumulating at 4.03 to 4.05.
They will not let the price go up at the moment.
Just wait or follow them buy and buy more.

OnTime

2,188 posts

Posted by OnTime > 2023-10-27 15:57 | Report Abuse

i'm part of the syndicate liao

Posted by punterdanny > 2023-10-27 16:05 | Report Abuse

Reply to James_Bond , please refer to the below link for Total Net Short Position

https://www.bursamalaysia.com/bm/market_information/market_statistic/securities

Genting Bhd is NOT listed in the Total Net Short position.

GENM is 0.32% of Total NS Position
GENP is 0.12% of Total NS Position
As dated 26-10-2023 in Bursa

Posted by punterdanny > 2023-10-27 17:15 | Report Abuse

To MM,
From 4.04 to below 4.00 is only few cents. Why border to sell , if it ever falls below 4.00 just hold for longer term.
No need to scare the investors here. They are rational people here.

Posted by Michael_chan2022 > 2023-10-28 12:43 | Report Abuse

What is the date of the next Fed meeting 2023?
November 1-2.
December 13-14*


Will the Fed raise interest rates in November?
The central bank is expected to hold rates steady at its November 1 meeting, according to economists surveyed by FactSet. That comes as credit cards are now charging the highest interest rates on record, and many home buyers have been priced out of the real estate market due to loan costs.
12 hours ago

Posted by Michael_chan2022 > 2023-10-28 12:45 | Report Abuse

Will interest rates increase again?
However, some financial analysts expect the base interest rate to rise a little more. It is widely forecast to peak at either its current level of 5.25%, or a little higher at around 5.5% by the end of 2023.

How soon after this interest rates will fall will depend on how quickly inflation cools.
3 days ago

Posted by Michael_chan2022 > 2023-10-28 12:46 | Report Abuse

How long will interest rates stay high?
The Fed now...
....expects to keep interest rates over 5% through 2024, meaning rates for mortgages, personal loans, and credit cards will stay near their current high levels. If the forecast comes true, savers would benefit from continued high returns on certificates of deposit and high-yield savings accounts.
20 Sept 2023

Posted by Michael_chan2022 > 2023-10-28 12:48 | Report Abuse

Will Fed raise rates again in 2023?
Fed Chair Powell emphasized at his September 20 press conference that the Fed will “proceed carefully” while looking at “the totality of all the data” as the “risks become more two-sided”. A further 2023 rate increase hangs in the balance.
20 Sept 2023

Will Fed lower interest rates 2024?
The majority (or 94 percent) of economists say the Fed could begin cutting interest rates in 2024, while a smaller share (or 6 percent) expect the Fed to cut rates in 2025 or later, according to Bankrate's Economic Indicator poll for the third quarter. No expert projects that the Fed will cut rates this year.

10 Oct 2023

Posted by Michael_chan2022 > 2023-10-28 13:07 | Report Abuse

https://www.thesundaily.my/business/neutral-to-bullish-outlook-for-the-ringgit-next-week-on-improving-sentiment-anticipation-HO11680465

The outlook for ringgit next week is expected to be neutral to bullish on improving sentiment anticipation following major central banks’ decisions..

外资將蜂涌而耒..

Posted by Michael_chan2022 > 2023-10-28 13:38 | Report Abuse

https://youtu.be/lWvgbSijLD0?si=ypuW8krg6AiHw-Z8

重塑中的中国經济
3萬亿...中国版的QE要耒了!

neohts

2,585 posts

Posted by neohts > 2023-10-28 14:33 | Report Abuse

https://theedgemalaysia.com/node/687995

Construction of Genting Highlands toll plaza on private road, says Malaysian Highway Authority

Posted by Michael_chan2022 > 2023-10-28 17:18 | Report Abuse

https://www.businesstimes.com.sg/international/flights-china-increase-34-above-pre-covid-levels

Flights in China to increase 34% above pre-Covid lev

Buy China's growth story, buy GenB 😀

rickygiam

131 posts

Posted by rickygiam > 2023-10-29 15:18 | Report Abuse

Collect toll good for genb? 20million tourist, good toll collection...

Posted by Michael_chan2022 > 2023-10-29 18:52 | Report Abuse

https://seekingalpha.com/article/4644426-china-equities-bottoming-ahead-of-us-equities-technical-analysis

China Equities Bottoming Ahead Of U.S. Equities..

鬼佬爱吃韭菜,為了不給割韭菜...忍了几年,現在中国也要推自己的QE。

Posted by Michael_chan2022 > 2023-10-29 18:55 | Report Abuse

这是否意謂鬼佬要...降息了 👍

1invest1

1,467 posts

Posted by 1invest1 > 2023-10-29 18:56 | Report Abuse

@rickygiam,
GB needs all the money they can grab.
Every cent counts !

In few years, serious traffic jam go up there.
So, GB wants only those spend $$$ go there.

Posted by Michael_chan2022 > 2023-10-29 19:00 | Report Abuse

我们不能肯定380, 但可以肯定的是. ..中国經济将要触底反弹了。

Posted by Michael_chan2022 > 2023-10-29 19:03 | Report Abuse

...至少可以避免下行風險。

Posted by Michael_chan2022 > 2023-10-29 19:24 | Report Abuse

https://www.channelnewsasia.com/asia/malaysia-singapore-leaders-retreat-anwar-lee-hsien-loong-3877801?cid=internal_sharetool_androidphone_29102023_cna

PM Lee, Malaysia PM Anwar to hold leaders’ retreat in Singapore, first to be held since 2019

Temasek and GIC investment fund coming soon..

Posted by prudentinvestor > 2023-10-30 11:34 | Report Abuse

对云顶不弃不舍的只有麦哥一人!

OnTime

2,188 posts

Posted by OnTime > 2023-10-30 11:35 | Report Abuse

haha!

Posted by prudentinvestor > 2023-10-30 12:09 | Report Abuse

Market is bad. Wonder if Genting could hold above RM4. Get your spare cash ready.

rotikong

15 posts

Posted by rotikong > 2023-10-30 12:26 | Report Abuse

Spending power low, watch out for consumer stocks

neohts

2,585 posts

Posted by neohts > 2023-10-30 16:16 | Report Abuse

Waited for TauRX is like waiting for Penang LRT ?
Waited for so many years and still waiting.

OnTime

2,188 posts

Posted by OnTime > 2023-10-30 18:13 | Report Abuse

taurx is like a dried out taugeh

OnTime

2,188 posts

Posted by OnTime > 2023-10-30 18:15 | Report Abuse

but still got hope

Riaz1954

1,350 posts

Posted by Riaz1954 > 2023-10-30 22:36 | Report Abuse

Based on info floating around in certain circles in U.K, Taurx is likely to receive approval ….very soon. When announcement is made price will hike….

James_Bond

3,485 posts

Posted by James_Bond > 2023-10-31 09:19 | Report Abuse

Yes, you r Riaz, heard that from my pharmaceutical colleagues from UK. Cheers!

RISK8888

2,232 posts

Posted by RISK8888 > 2023-10-31 10:28 | Report Abuse

betul kah? then i faster sapu GENTING! will it happen this year?

neohts

2,585 posts

Posted by neohts > 2023-10-31 11:04 | Report Abuse

Riaz1954.....sure boh ?
No latest updates AngTayKor ?

neohts

2,585 posts

Posted by neohts > 2023-10-31 11:05 | Report Abuse

If true, RM6 no problem

Shines

2,824 posts

Posted by Shines > 2023-10-31 11:11 | Report Abuse

With or without Trx, at this price I feel that it is worth to buy some

virust

552 posts

Posted by virust > 2023-10-31 11:24 | Report Abuse

Those bought during covid just hold it, received div and relax. Other than tat, be patient as share price will rise once foreign fund return.

neohts

2,585 posts

Posted by neohts > 2023-10-31 13:42 | Report Abuse

Hopefully TauRX could be approved before end of this year so we can get our Next Year Chinese ANG POW.

Posted by ClaraChan94 > 2023-10-31 13:58 | Report Abuse

By looking at Genting's dividend payout timeline, don't think it will declare any dividend before CNY next year

choysun

4,502 posts

Posted by choysun > 2023-10-31 21:38 | Report Abuse

Next dividend cycle is Feb.

1invest1

1,467 posts

Posted by 1invest1 > 2023-10-31 22:15 | Report Abuse

@choysun is correct.
4qr & div in Feb.

neohts

2,585 posts

Posted by neohts > 2023-11-01 09:27 | Report Abuse

https://www.thestar.com.my/business/business-news/2023/11/01/genting-plantations-landbank-a-growth-driver

Genting Plantations landbank a growth driver
PETALING JAYA: Genting Plantations Bhd’s valuable landbank offers good inflationary hedge over the long run, while its immense revalued net asset value (RNAV) will provide downside support, according to Maybank Investment Bank (MaybankIB) Research.

The brokerage noted that in Peninsular Malaysia, Genting Plantations owns 16,908ha of freehold land that is worth more than the company’s market capitalisation.

“Genting Plantations continues to carry these valuable assets at their book values,” MaybankIB Research said, noting 61% of the land was located in Johor, 18% in Melaka and Negri Sembilan, 18% in Kedah and Perak, and 3% in Selangor.

“As the land is amassed progressively since 1981, and strategically located on highly populated areas of the west coast of Peninsular Malaysia, we estimate the freehold land to be worth RM7.25bil, or 1.5 times Genting Plantations’ current market cap,” it added.

Posted by TheProInvestor > 2023-11-01 17:08 | Report Abuse

next dividend propose at 4cent

OnTime

2,188 posts

Posted by OnTime > 2023-11-01 17:55 | Report Abuse

genting so kiam siap

Posted by Michael_chan2022 > 2023-11-02 06:34 | Report Abuse

https://markets.businessinsider.com/news/stocks/stock-market-outlook-sp500-buying-opportunity-economy-bull-market-profits-2023-10

The stock market is approaching a 'once-in-a-generation' buying opportunity as profits are about to take off almost everywhere, investment firm says..

choysun

4,502 posts

Posted by choysun > 2023-11-02 06:49 | Report Abuse

No more rate hikes. Year end rally starting?

OnTime

2,188 posts

Posted by OnTime > 2023-11-02 08:34 | Report Abuse

no more hikes this yr and next (election yr), people can go gambling at vegas liao.

Post a Comment
Market Buzz