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

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...

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 😎

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

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

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. 

👍

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

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.

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

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.

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.

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？

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？

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

a sub is supposed to lurk underneath the sea

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.

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

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

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

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

Definitely boosted. Question is by how much :)

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

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

Posted by Michael_chan2022 > 2023-11-14 07:18 | Report Abuse

Gap up.. push thru' 427/428 at opening

Posted by Shines > 2023-11-14 07:21 | Report Abuse

@MM if laosai, then a chance to buy in more

Posted by rohank71 > 2023-11-14 08:44 | Report Abuse

#MM, this was already part of their licence requirement to perform expansion at a certain period. Its not a surprise to many fund managers who follow GentS. Only to a retailer its a news but its already part of the licence when SG Govt gave them the right to start a gaming bz.

Posted by rohank71 > 2023-11-14 08:45 | Report Abuse

Hence why GentS kept their cash pile. With this plans cleared it makes sense for GentS to move ahead.

Posted by Riaz1954 > 2023-11-14 10:18 | Report Abuse

Too many sellers surface when price moves slightly….suggesting investors are by in large day traders in absence of meaningful volumes…. A catalyst is needed…such Taurx approval can’t see any other catalysts other than perhaps new additional gambling licenses

Posted by Riaz1954 > 2023-11-14 10:20 | Report Abuse

Genting m is poorly managed….. in terms of costs and resourcing. This is the main reason for share price lagging behind

Posted by pang72 > 2023-11-14 10:48 | Report Abuse

Uncle Lim open table for judi liao

Posted by Riaz1954 > 2023-11-14 11:00 | Report Abuse

Look at two broker recommendations …HLG and Kenaga …a huge variance in price target. Shows how useless these guys are….both are wrong by a long shot. How can they write this drivel!

Posted by Riaz1954 > 2023-11-14 11:28 | Report Abuse

The price was 5.45 plus when the group was making losses. Now it is just profitable the price has depreciated by more than 25% ….reason macroeconomic and political conditions….even though is see improvements in revenue and profitability other factors will keep lid on the price, this is despite the fact the book value Is 8.45. In addition there are unique set of factors which impact Genting which is share dealing by insiders. These are factors are not addressed by brokers….only catalyst i see is Taurx.

Posted by Michael_chan2022 > 2023-11-14 12:07 | Report Abuse

Good. ..slow and steady
Genting berhad is on the way to 5 by year end.. go go GenB

Posted by Michael_chan2022 > 2023-11-14 12:09 | Report Abuse

Push thru 428.. you can make it!