GENTING BHD

KLSE (MYR): GENTING (3182)

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Last Price

4.75

Today's Change

+0.17 (3.71%)

Day's Change

4.56 - 4.79

Trading Volume

9,654,200


43 people like this.

82,972 comment(s). Last comment by speakup 6 minutes ago

Posted by Michael_chan2022 > 2023-11-10 20:22 | Report Abuse

Sellers kena conned by uncle Powell into selling ..

ImCK

2,981 posts

Posted by ImCK > 2023-11-10 22:06 | Report Abuse

seem like better than pre covid quater result
net margin improve etidba improve good job genting singapore

Posted by Michael_chan2022 > 2023-11-10 22:36 | Report Abuse

Semua economy class passengers have been fully loaded.. genting cruise ship will soon be departing ..

Posted by Michael_chan2022 > 2023-11-10 23:01 | Report Abuse

Are you on board the ship? 😀

OnTime

2,187 posts

Posted by OnTime > 2023-11-11 08:32 | Report Abuse

the proverbial i should hv bought more yesterday!

Posted by Michael_chan2022 > 2023-11-11 10:19 | Report Abuse

https://youtu.be/fR1hc080VAw?si=GeWf5AvYXovBxvle

Interest cut in 2024 and 2025..?

neohts

2,205 posts

Posted by neohts > 2023-11-11 11:13 | Report Abuse

https://theedgemalaysia.com/node/689745

Genting Singapore's 3Q net profit after taxation up 59% to S$216.3m

SINGAPORE (Nov 10): Genting Singapore has reported net profit after taxation of S$216.3 million (RM745.82 million) for the third quarter ended Sept 30, 2023 (3QFY2023), up 59% year-on-year (y-o-y), compared with S$135.8 million for the same period last year.

The company posted revenue of S$689.9 million for the quarter, up 33% y-o-y.

Gaming revenue accounted for S$459.6 million, versus S$382.0 million for 3QFY2022...

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

GenB's 3Q net profit after taxation up 60% to 250m... Bolehkah?

Posted by Michael_chan2022 > 2023-11-11 11:39 | Report Abuse

Below 250m would be... bad news. Above 250m would be a small positive... 😋

Posted by Michael_chan2022 > 2023-11-11 11:47 | Report Abuse

Hope GenB 的業绩:
- 開大大有 400m
- 開大有 350m
- 開小有 300 mln
- 開小小有250mln ...lousy result

😃

Posted by Michael_chan2022 > 2023-11-11 11:50 | Report Abuse

Vote your best possible outcome ..

I vote 小小

Posted by Michael_chan2022 > 2023-11-11 12:20 | Report Abuse

In Q2: I thought it could reach 300m.., but the outcome was only 160m. So, for Q3...I prefer not to set high expectations for it..

Posted by Michael_chan2022 > 2023-11-11 12:23 | Report Abuse

300m .. yes, 5 dollars is possible

thurston

556 posts

Posted by thurston > 2023-11-11 12:32 | Report Abuse

@michael chan
Genting Berhad Q3 net profit,
Contributed by Genting Singapore will be SGD 216,288,000 x 3.45 (currency conversion) x 52.5% (GenB owns GenS)
= RM 391,751,640...

ImCK

2,981 posts

Posted by ImCK > 2023-11-11 13:38 | Report Abuse

391,751,640 if genting malaysia turn profit and other also profitable then expect got 500m this quater

Posted by Michael_chan2022 > 2023-11-11 13:49 | Report Abuse

@Thurston, wow! good ..
👍

Posted by Michael_chan2022 > 2023-11-11 13:51 | Report Abuse

They always have high impairment losses..., depreciation and amortisation, and finance cost 😎

choysun

4,309 posts

Posted by choysun > 2023-11-11 13:52 | Report Abuse

Q3 & Q4 good results, then set up for good dividend for CNY next year la :)

Posted by Michael_chan2022 > 2023-11-11 13:55 | Report Abuse

500m .. bagus, i have been waiting for GenB to catch up with Maybank

Shines

2,762 posts

Posted by Shines > 2023-11-11 14:04 | Report Abuse

In businesses good or bad qrs, I will tale it, bad keep longer, good then it will reach my targets faster.

Posted by Michael_chan2022 > 2023-11-11 14:09 | Report Abuse

Indeed, a well chosen stock ...macam GenB, will outshine others one day 😀

Posted by Michael_chan2022 > 2023-11-11 14:40 | Report Abuse

Good .. more optimistic now. I will vote for 300m.

RM5 is possible..by year end. Go..go Genting

ks5S

4,601 posts

Posted by ks5S > 2023-11-11 15:43 | Report Abuse

Genting getting ready for bull run next week

Posted by Michael_chan2022 > 2023-11-11 17:04 | Report Abuse

https://www.asgam.com/index.php/2023/11/11/genting-singapore-significantly-increases-investment-in-resorts-world-sentosa-expansion-to-us5-billion/

Genting Singapore has announced that it will invest a total of SG$6.8 billion (US$5 billion) in the expansion of its Singapore integrated resort and casino, Resorts World Sentosa (RWS) – a significant increase on the SG$4.5 billion (US$2.9 billion) investment first planned in 2019..

Posted by Michael_chan2022 > 2023-11-11 17:05 | Report Abuse

Good news?

Posted by Michael_chan2022 > 2023-11-11 17:11 | Report Abuse

Strong cash position..

In a world of rising interest rates and everyone is concerned about interest repayment, the adage that “cash is king” can’t be more true. 

Genting Singapore happens to be one of the companies that is sitting on quite abit of cash. 

As of 31 December 2021, it has cash in excess of its debt of more than S$3 billion. 

👍

Riaz1954

1,287 posts

Posted by Riaz1954 > 2023-11-11 22:00 | Report Abuse

Let’s see what the results are…I am very sure the drop in price has to do with interested parties becoming aware of the results…..I am sure impairments will douse the net profit…..creative accounting to reduce tax charge

Riaz1954

1,287 posts

Posted by Riaz1954 > 2023-11-12 08:08 | Report Abuse

Hefty impairment provisions will no doubt hit the bottom line. Pretty sure impairments are used to reduce taxable profits.

Posted by Michael_chan2022 > 2023-11-12 09:41 | Report Abuse

Aside from the hefty impairment..., GenM's business might pose a challenge.

OnTime

2,187 posts

Posted by OnTime > 2023-11-12 10:00 | Report Abuse

taurx to the rescue

Posted by Michael_chan2022 > 2023-11-12 10:05 | Report Abuse

Some might disagree, but running its operations in the UK and US could be burdensome for the business

Posted by Michael_chan2022 > 2023-11-12 10:09 | Report Abuse

Taurx is like a dream, macam.. hoping that its earnings can reach 500 million 😀

Posted by Michael_chan2022 > 2023-11-12 10:10 | Report Abuse

To be conservative.. its earnings should be a small positive

Posted by Michael_chan2022 > 2023-11-12 10:14 | Report Abuse

if it's less than 250m, we'll meet Pinky... at 380

rohank71

878 posts

Posted by rohank71 > 2023-11-12 10:36 | Report Abuse

#Michael you may be right coz RWLA is gonna impact the groups profits. However Cashflow before debt will be big positive. We should not see Genting from PAT angle but EBITDA and total debt angle. End of the day it's the cashflow which matters.

rohank71

878 posts

Posted by rohank71 > 2023-11-12 10:38 | Report Abuse

RWLA debt service will be a hit. USD5b invested there via borrowing. @ 6% its USD300M per annum or USD75M per Q. That's the big problem.

eklim65

173 posts

Posted by eklim65 > 2023-11-12 10:41 | Report Abuse

https://youtu.be/NALKAK1hQZo?feature=shared 云顶新加坡净利大涨60%, 对云顶集团会有什么影响?

neohts

2,205 posts

Posted by neohts > 2023-11-12 14:19 | Report Abuse

RWLA $6.8 billions using internal resources.

Posted by Michael_chan2022 > 2023-11-12 14:41 | Report Abuse

https://www.ggrasia.com/rws-expansion-likely-over-budget-ready-maybe-2028/

RWS expansion likely over budget, ready maybe 2028.. long way to go

Posted by Michael_chan2022 > 2023-11-12 14:49 | Report Abuse

Look at the share price of GenM..., it resembles a massive submarine submerged in the sea... drowned by the 🌊 . 😀

Can it resurface once more? 它会否重新浮出水面?

OnTime

2,187 posts

Posted by OnTime > 2023-11-12 14:52 | Report Abuse

a sub is supposed to lurk underneath the sea

neohts

2,205 posts

Posted by neohts > 2023-11-12 14:54 | Report Abuse

I have try to book room in advance for Christmas holiday but hotel room fully booked.

OnTime

2,187 posts

Posted by OnTime > 2023-11-12 14:57 | Report Abuse

💲💲💲

Posted by Michael_chan2022 > 2023-11-12 15:06 | Report Abuse

Tetapi... its share price need to浮出水面

Posted by Michael_chan2022 > 2023-11-12 15:07 | Report Abuse

Sekarang.. kena drowned by sea

Shines

2,762 posts

Posted by Shines > 2023-11-13 19:24 | Report Abuse

Lookout tomorrow hope that GenS 3rd qr results will boost up Gent share price

choysun

4,309 posts

Posted by choysun > 2023-11-13 20:20 | Report Abuse

Definitely boosted. Question is by how much :)

MoneyMakers

7,496 posts

Posted by MoneyMakers > 2023-11-13 21:13 | Report Abuse

GenS Q3 good but announce huge sgd6.8 Bil capex - eat future profit/div

Dont surprise laosai tomorrow

choysun

4,309 posts

Posted by choysun > 2023-11-13 22:07 | Report Abuse

Ok la, as long as nice sai to chiak :p

Posted by Michael_chan2022 > 2023-11-14 07:17 | Report Abuse

Ensure.. everything is ready for cruise embarkation

GenB.. go go

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