GENTING BHD

KLSE (MYR): GENTING (3182)

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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.

89,486 comment(s). Last comment by neohts 13 minutes ago

virust

552 posts

Posted by virust > 2023-11-17 13:28 | Report Abuse

FF big return on 15Nov with net buy of 24mil of GenB share from Retailer. Like i mention before this stock is the money game between Foreign and Retailer, only FF will push up the share price. Just follow the money flow and enough the profit.

jackjason

172 posts

Posted by jackjason > 2023-11-18 00:54 | Report Abuse

If over RM5.00 will sell lor, no hope for higher price

neohts

2,582 posts

Posted by neohts > 2023-11-18 21:13 | Report Abuse

TauRX coming soon.

Posted by Michael_chan2022 > 2023-11-19 06:59 | Report Abuse

Copy and paste:

What happens next...?

From a macro perspective, there are 2 big factors driving stock prices the next 12 – 24 months:

- Interest Rates
- Recession (or not)

Posted by Michael_chan2022 > 2023-11-19 07:01 | Report Abuse

Interest rates,

I am inclined to agree with the market that we are at (or close to) peak interest rates here.

I may disagree with the exact timing on interest rates cuts, and the exact magnitude of cuts.

But big picture wise, I agree that the next big move from the Feds is likely to be interest rate cuts in 2024.

Sidenote that as of Nov 2023, the Feds have been on “pause” for about 5 months.

And history tells us that the Feds usually “pause” for 6 – 12 months before starting to cut.

So timing wise it does seem to point towards 2024 interest rate cuts.

All this is bullish for stock (from an interest rates perspective).

Posted by Michael_chan2022 > 2023-11-19 07:07 | Report Abuse

Recession (or not),

I know everyone is sick of the impending “recession” by now.

But macro is slow.

Just when everyone is sick of the “recession”, that is when the risks are the highest.

And if you look at latest US data, it paints a picture of:

- Climbing credit card / auto loan delinquency for the weakest consumers

- Rising unemployment (albeit slowly)

- More cautious guidance from companies on the strength of the consumer moving forward..

Historically speaking, the 3s10s yield curve is the best indicator (timing wise) for a US recession.

And a recession usually hits about 6 – 12 months after the resteepening of the yield curve.

The 3s10s resteepened in mid 2023, which again places the danger zone in 1H 2024 (note how this aligns with the expectation of rate cuts above).

If we get a recession, the question is how deep it will be.

And what is the impact on real estate prices, and rental yields.

All not easy questions – to depend very much on policy makers reaction.

Which don’t forget, 2024 is a US election year, all while 2 hot wars are ongoing.

So while interest rates may be at / close to a peak, this question about recession in 2024 is a big question mark.

OnTime

2,188 posts

Posted by OnTime > 2023-11-19 08:11 | Report Abuse

i love global recession simply because all central banks will be cutting rates, benefitting both stocks and bonds and businesses

neohts

2,582 posts

Posted by neohts > 2023-11-20 09:17 | Report Abuse

Next week Q3 2023 financial result should be better than last year.
Collect now before result announcement.

Posted by Michael_chan2022 > 2023-11-20 10:14 | Report Abuse

School holiday...X'mas celebration.. CNY celebration... everyone goes Genting Highlands

Cloudy/ stormy meh..?

There is always a silver lining at the end of a storm... go.. go GenB

neohts

2,582 posts

Posted by neohts > 2023-11-20 10:49 | Report Abuse

Clearly buyer collection mode.

thurston

558 posts

Posted by thurston > 2023-11-20 15:47 | Report Abuse

Anybody knows which date the quarterly report will be announced ?

choysun

4,502 posts

Posted by choysun > 2023-11-20 18:07 | Report Abuse

It's normal on the last Thursday of the month, so next Thursday I guess.

thurston

558 posts

Posted by thurston > 2023-11-20 19:53 | Report Abuse

上周大举买进云顶 外资连3周钱进马股
https://www.chinapress.com.my/?p=3695003

pang72

52,238 posts

Posted by pang72 > 2023-11-20 19:59 | Report Abuse

Wah! FF sapu genting

DestinyL

4,746 posts

Posted by DestinyL > 2023-11-20 21:26 | Report Abuse

I think QR might be this week, there may also be another rule "not the last day of the month"

choysun

4,502 posts

Posted by choysun > 2023-11-20 21:41 | Report Abuse

Well, we'll find out if GenP result out this Wednesday :)

Posted by ismailkarin > 2023-11-20 22:01 | Report Abuse

4.50 dah mau mari

Posted by Michael_chan2022 > 2023-11-21 10:46 | Report Abuse

Time to rebound... GenB sibet bullish

Gnanasong

200 posts

Posted by Gnanasong > 2023-11-21 12:22 | Report Abuse

1 month high now. Looks like can penetrate 4.40 this week

neohts

2,582 posts

Posted by neohts > 2023-11-21 15:10 | Report Abuse

How much is TauRX Worth ?
Ahead of 20%-owned TauRx announcing more details of its recent Phase 3 trial results later today, we try to derive an indicative valuation for it. In our opinion, TauRx is worth ≥USD1. 1b and there are grounds for it to be worth ≤USD15b if its Alzheimer's drug (i.e. HMTM) is effective and commercialised.

Posted by Michael_chan2022 > 2023-11-21 15:27 | Report Abuse

What happens to GenB..? Share price keeps moving up

choysun

4,502 posts

Posted by choysun > 2023-11-21 15:50 | Report Abuse

4.40 gonna pop today?

DestinyL

4,746 posts

Posted by DestinyL > 2023-11-21 16:30 | Report Abuse

Pop the cherry

neohts

2,582 posts

Posted by neohts > 2023-11-21 16:33 | Report Abuse

https://themalaysianreserve.com/2022/10/19/genting-to-hit-jackpot-from-taurx/

Genting to hit jackpot from TauRx?
The UK-based TauRx is dedicated to research in neurodegenerative diseases and a leader in Alzheimer’s disease

GENTING Bhd may be sitting on a pile of gold if its drug for people with Alzheimer’s disease makes headway. But it is still some way before it reaches that stage. But it has caught the attention of analysts keeping tabs on the company.

Riaz1954

1,350 posts

Posted by Riaz1954 > 2023-11-21 20:22 | Report Abuse

Genting share performance is frustrating as it was 5 plus when it was loss making and now it is struggling to get to 5, when it has become profitable, just does make sense. A big catalyst is needed. Any small rises are neutralised by selling ….sadly there is no marketing of the company or capital even to promote and disclose company strategy and progress etc. the management are sleeping and this down to share ownership.

newbie2019

1,971 posts

Posted by newbie2019 > 2023-11-21 21:20 | Report Abuse

ok la… back to 4.5 soon… head 5 by Dec?

choysun

4,502 posts

Posted by choysun > 2023-11-21 21:38 | Report Abuse

Soon? You mean tomorrow? :p

newbie2019

1,971 posts

Posted by newbie2019 > 2023-11-21 22:52 | Report Abuse

hope so? crossed MA200 kan?

Posted by Michael_chan2022 > 2023-11-22 09:03 | Report Abuse

The Fed has overdone it, and the greater risk here is deflation," Wood told Bloomberg TV

Posted by Michael_chan2022 > 2023-11-22 09:04 | Report Abuse

"If we're right, and they've gone way too far, they'll have to cut fairly significantly," Wood said...

Posted by Michael_chan2022 > 2023-11-22 09:06 | Report Abuse

Interest rate falling soon... GenB to the moon.

choysun

4,502 posts

Posted by choysun > 2023-11-22 09:53 | Report Abuse

FED won't be influenced. They'll take their time. Can only hope interest rate starting to fall next year.

Posted by Michael_chan2022 > 2023-11-22 10:12 | Report Abuse

Bagus

Posted by Michael_chan2022 > 2023-11-22 12:03 | Report Abuse

https://www.marketwatch.com/story/central-banks-are-cutting-interest-rates-at-fastest-clip-in-years-when-will-the-fed-join-them-d77bb91a

Central banks are cutting interest rates at fastest clip in years. When will the Fed join them?

choysun

4,502 posts

Posted by choysun > 2023-11-22 12:21 | Report Abuse

Mother drop, child didn't drop? Mother recovering back later I guess. :p

MOBAjobg

331 posts

Posted by MOBAjobg > 2023-11-22 14:40 | Report Abuse

After the disposal of all my GENTING shares in year 2019, I’m so lucky to have got out before its stock price collapse because of Empire acquisition.
Empire is still a loss making casino, unfortunately and will continue to have negative impact for a long time.

Posted by Michael_chan2022 > 2023-11-22 15:32 | Report Abuse

https://youtu.be/MNR5CGVhagU?si=i9mC5-fV0dIQGkAZ

全球旅游市场M型化趨勢明顯,業者紛推出特殊及稀少產品。奢華旅游成趨勢,新加坡成金字塔頂端客群首选吃喝玩樂样样豪奢

All are welcome to Genting resort world... Empire Resorts

choysun

4,502 posts

Posted by choysun > 2023-11-22 17:45 | Report Abuse

OoO, GenP got 80.5m profit :)

DestinyL

4,746 posts

Posted by DestinyL > 2023-11-22 18:11 | Report Abuse

Haha, tomorrow we will see GenM/Genting results

Posted by Skyliew1919 > 2023-11-22 18:38 | Report Abuse

Now is hope genm pat got 300m

Posted by Michael_chan2022 > 2023-11-23 07:53 | Report Abuse

https://www.cnbc.com/2023/11/21/bank-of-america-sees-the-sp-500-rising-to-5000-next-year-anticipates-a-stock-pickers-paradise.html


Bank of America sees the S&P 500 rising to 5,000 next year, anticipates a "stock picker's paradise".

Lai lai ....buy GenB

Posted by Michael_chan2022 > 2023-11-23 07:55 | Report Abuse

https://markets.businessinsider.com/news/stocks/stock-bull-market-outlook-sp500-prediction-record-high-economy-2024-2023-11

Stocks are entering the next leg of the bull market and the S&P 500 can hit a record-high of 5,000 by end of 2024, veteran strategist says

Lai lai... let's goreng together. Huat ar..

Posted by Michael_chan2022 > 2023-11-23 07:55 | Report Abuse

https://e.vnexpress.net/news/places/singapore-emerges-as-most-favorite-destination-of-chinese-tourists-4679757.html

Singapore emerges as most favorite destination of Chinese tourists

Posted by Michael_chan2022 > 2023-11-23 07:56 | Report Abuse

https://www.scmp.com/economy/china-economy/article/3242200/china-still-awaiting-inbound-travel-surge-flight-resumption-should-help-oil-wheels

China still awaiting inbound travel surge, but flight resumption should help oil the wheels

Posted by Michael_chan2022 > 2023-11-23 08:58 | Report Abuse

https://www.ft.com/content/353938c0-ac30-4021-887d-9327875026b1

ECB warns of ‘early signs of stress’ at eurozone banks as default rates rise

Lai lai... buy GenB! Huat ahhh..

virust

552 posts

Posted by virust > 2023-11-23 09:39 | Report Abuse

GenM+GenP already contributed RM400mil profit for GenB. GenM still a wild card for the jackpot by tomorrow.

Posted by Michael_chan2022 > 2023-11-23 10:18 | Report Abuse

It should be GenS and GenP.. hope GenM can contribute another 300m... cheers! 🍻

Posted by Michael_chan2022 > 2023-11-23 10:45 | Report Abuse

Before result, shares price drop

What happens...market already know the result kah?..

Posted by ClaraChan94 > 2023-11-23 12:51 | Report Abuse

Genting is going to make more than Rm200 million of profits in Q3

Posted by Michael_chan2022 > 2023-11-23 13:10 | Report Abuse

It must be above 250m. Anything less than that... jialat!

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