GENTING BHD

KLSE (MYR): GENTING (3182)

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Last Price

4.76

Today's Change

+0.06 (1.28%)

Day's Change

4.73 - 4.84

Trading Volume

12,083,300


43 people like this.

83,003 comment(s). Last comment by stncws 2 hours ago

Riaz1954

1,290 posts

Posted by Riaz1954 > 2024-02-13 15:01 | Report Abuse

Gamuda and Cimb motoring along …different type shareholders and of course better governance altogether …! We still have some hope with but it is not in the laps of ordinary shareholder but those who own 40% of the stock! They control the destiny of the where the price goes. If they need money for new private adventures we had it …they may source funds by disposing of large chunks of shares or pay themselves very high dividend instead of paying off debt …these are challenges with this stock.

Save

804 posts

Posted by Save > 2024-02-13 15:53 | Report Abuse

The Consumer index covering weakest sector in Bursa has broken out from 564 last week and the break out has been confirmed today. As it is new break out, future index is expected to extend the most (alongside with plantation index, energy index, industrial index which are laggards) compare with other indexes in near term. Genting today is considered 1st day above 4.90 if close above 4.90, will monitor if can stay 3 day convincingly above 4.90, purely from technical point of view. We should monitor US treasury yield curve if any huge pulling back from US market especially after Nasdaq index breaking new high.

newbie2019

1,726 posts

Posted by newbie2019 > 2024-02-13 17:19 | Report Abuse

ok, closed 4.9 again
5 soon pls

Riaz1954

1,290 posts

Posted by Riaz1954 > 2024-02-13 21:10 | Report Abuse

All those expecting a price rally after CNY must be disappointed whilst index is up. All excuses can be found but the bare facts remain

choysun

4,309 posts

Posted by choysun > 2024-02-13 22:11 | Report Abuse

@Riaz1954 Don't have to worry if you are not trading bro. Patience :)

hng33

19,949 posts

Posted by hng33 > 2024-02-14 11:39 | Report Abuse

Usd = RM 4.78
Sgd = RM 3.54
Pounds = RM 6.03

Hemsley

341 posts

Posted by Hemsley > 2024-02-14 13:54 | Report Abuse

Still have to wait Loong Looong time kah? Hahaha. Since couples of years ago thought it can go up 6.0 easily.

KooSan

402 posts

Posted by KooSan > 2024-02-14 15:27 | Report Abuse

Genting Singapore steady.....

Hemsley

341 posts

Posted by Hemsley > 2024-02-14 16:35 | Report Abuse

If any big guy acquire Genting, then sell Genting Singapore, the guy will get GenM, GenP, RWLV for free.

Posted by prudentinvestor > 2024-02-14 16:56 | Report Abuse

Provided Genting's major shareholders and other big institutional investors want to sell Genting shares at this price to this big guy. This would forever remain as "if".

Riaz1954

1,290 posts

Posted by Riaz1954 > 2024-02-14 17:44 | Report Abuse

We are getting into realms of fantasy if current owners will sell GB at this price! People don’t get it they can hold Gb price at this level and make money by buying and selling shares or buying poor assets from their non listed private entity and selling them for higher price to GB. It is big game. I feel people, really don’t know how share prices works and how a listed company should be run. The Bursa needs to do a better job to protect minority shareholders ….by being vigilant in share transactions or transferring of assets …than again there is conflict of interest as Bursa promotes activity and high volume ! That’s is a conundrum

Riaz1954

1,290 posts

Posted by Riaz1954 > 2024-02-14 17:48 | Report Abuse

Genting lost out from a big gambler from Singapore getting arrested causing havoc in the highway and could not spend big bucks at the resort! 😀😀 This could be a reason why the price has not gone up! Just a joke…moral of the story we all find excuses for share price underperformance …some have a case others jsut a fantasy!

Peaches L

873 posts

Posted by Peaches L > 2024-02-14 18:08 | Report Abuse

Where hv those “firing up all cylinders” go? Up in d smoke smelling it only b4 we cud hear anything 😆😆😆.

choysun

4,309 posts

Posted by choysun > 2024-02-14 19:50 | Report Abuse

Maybe some spark plug spoilt so not all cylinders firing :p

choysun

4,309 posts

Posted by choysun > 2024-02-14 19:53 | Report Abuse

Chill la. Everyone waiting for QR. One more week to wait only ma. Be patient :)

speakup

25,964 posts

Posted by speakup > 2024-02-14 21:24 | Report Abuse

9-10sen dividend coming

keyman

426 posts

Posted by keyman > 2024-02-15 10:07 | Report Abuse

This G just a non sense. Biz so good. Also drop. Pressed down intentionally by someone.

Luen07

84 posts

Posted by Luen07 > 2024-02-15 10:18 | Report Abuse

不是被人故意压下来,看它的交易量就知道没有财团散户有兴趣进来。

Posted by stevenchua5 > 2024-02-15 10:44 | Report Abuse

Composite up so much but this G still like snail pace . No power

hng33

19,949 posts

Posted by hng33 > 2024-02-15 10:46 | Report Abuse

added more genting at 4.83-4.84

keyman

426 posts

Posted by keyman > 2024-02-15 10:54 | Report Abuse

Just move to the south everyday. In spite of its outstanding biz performance. Its share just like Xxx. Sorry guys I dun wanna to speak it out😰

Save

804 posts

Posted by Save > 2024-02-15 11:15 | Report Abuse

Queue buy more @4.80

MG9231

785 posts

Posted by MG9231 > 2024-02-15 11:28 | Report Abuse

Genting Singapore now move up to S$1.05

keyman

426 posts

Posted by keyman > 2024-02-15 11:33 | Report Abuse

Thats why I say The boss wants to fool everyone. Just like we all are children. 😰

Save

804 posts

Posted by Save > 2024-02-15 11:34 | Report Abuse

Let see Genting Singapore can close above 1.03 and maintain for 3 days. if do, a decisive breakout is possible.

hng33

19,949 posts

Posted by hng33 > 2024-02-15 11:47 | Report Abuse

Last drop of capital and margin line all also fully invested in genting today.

keyman

426 posts

Posted by keyman > 2024-02-15 12:16 | Report Abuse

Biz has fully recovered. Share price still at the stage of post-mco. Dont know what is in the boss mind. Maybe there is something tricky that we as outsiders dont know?

choysun

4,309 posts

Posted by choysun > 2024-02-15 12:20 | Report Abuse

When you decide to sell, sure go up. Hahaha

keyman

426 posts

Posted by keyman > 2024-02-15 13:11 | Report Abuse

Hahaha Sifu Choysun. Shows your magic power to them. 财神之神力. Lets them know who are the real boss 👍

Posted by stevenchua5 > 2024-02-15 13:26 | Report Abuse

only the inside boss know when to sell and to buy price target

KooSan

402 posts

Posted by KooSan > 2024-02-15 15:13 | Report Abuse

I realize one thing. Value does not equal to the share price.....Well, I guess this is common to our cb Bursa

Riaz1954

1,290 posts

Posted by Riaz1954 > 2024-02-15 16:55 | Report Abuse

KooSan….well done. One very important principle in closed funds ( limited to No of shares issued) is that the share price is dependent on demand (buys) and supply (sells) …more buys will result in rise in share price and vice versa….totally independent of net asset value or business growth. Hence, share price can be manipulated by big shareholders particularly founding family. Governance is also an issue with a single large shareholder who often controls the company and the board. That’s why you need strong regulators and auditors!

Shines

2,762 posts

Posted by Shines > 2024-02-15 17:36 | Report Abuse

Today GenS closes off high, looking forward for our Gent and GenM to follow

newbie2019

1,726 posts

Posted by newbie2019 > 2024-02-15 21:07 | Report Abuse

waiting for Div

Riaz1954

1,290 posts

Posted by Riaz1954 > 2024-02-15 21:12 | Report Abuse

Makes no difference to Genting B if Genting Sing is up or down…!

choysun

4,309 posts

Posted by choysun > 2024-02-16 09:08 | Report Abuse

Come on Genting! Let's say Bye Bye to 4 series and Hello to 5 series! :)

neohts

2,208 posts

Posted by neohts > 2024-02-16 09:24 | Report Abuse

https://theedgemalaysia.com/node/701095

These are the stocks analysts favour for 2024.
Gamuda, TM, YTLP, Genting top big-cap picks.

Genting top big-cap picks
Among companies with a market capitalization above RM10 billion, conglomerate Gamuda Bhd tops the list with an overwhelming 20 'buy' calls out of 21 analysts. Analysts cite Gamuda's healthy overseas expansion progress, and their consensus TP of RM5.58 represents 8.3% upside against the stock's Feb 15 close of RM5.15. The counter has risen over 29.7% in the last year.

neohts

2,208 posts

Posted by neohts > 2024-02-16 09:25 | Report Abuse

https://theedgemalaysia.com/node/701095

Another notable mention is Genting Bhd. After a flat 2023, analysts have raised the annual earnings forecast for the group for 2023 to 2025, with more upside projected in tourism recovery in markets it operates in, such as Singapore and the US. Consensus TP suggests an upside of 20.2%, compared to its last close of RM4.88, which is down 4% from a year ago.

Riaz1954

1,290 posts

Posted by Riaz1954 > 2024-02-16 10:43 | Report Abuse

Huge difference between Gamuda and Genting and for that matter CIMB in relation to shareholding and lack of independent governance. Genting suffers from owners share dealing and party related transactions.

stampid54

284 posts

Posted by stampid54 > 2024-02-16 11:20 | Report Abuse

One has diversified business; another one just doing construction and property. Your choice 🤠

Riaz1954

1,290 posts

Posted by Riaz1954 > 2024-02-16 11:55 | Report Abuse

Businesses of course are different …I was referring to shareholders …one has significant ownership by one individual / family as well as known poor governance standards which create uncertainty as at any time shares may be dumped in open market or some related party transaction can be made ..which causes havoc to share price. It does not mean Genting share price may not perform it is just that the risks from these actions are high and consequently we are seeing share price being held in a tight pattern.

Posted by Michael_chan2022 > 2024-02-16 11:59 | Report Abuse

云頂前行的路上..,不怕万人阻挡,只怕自己投降

Posted by Michael_chan2022 > 2024-02-16 12:00 | Report Abuse

RM5 ... I can smell it.

Posted by Michael_chan2022 > 2024-02-16 12:15 | Report Abuse

GenB 股价蓄势待发,准备好自己去迎接一切...无论是风是雨都没关系。我已经做足了准备.. 你呢?

MG9231

785 posts

Posted by MG9231 > 2024-02-16 12:22 | Report Abuse

I still try to collect @4.88,$4.89

keyman

426 posts

Posted by keyman > 2024-02-16 12:46 | Report Abuse

不喊了,累了。新的一年,其他股个个都轻装上阵,个自精彩。就这个G. 始终风吹雨打不动。坚如磐石,重如泰山。

Riaz1954

1,290 posts

Posted by Riaz1954 > 2024-02-16 13:07 | Report Abuse

Sing gent flyers results should be out soon? Perhaps today or early next week. Most probably next week as people are still on extended holiday.

neohts

2,208 posts

Posted by neohts > 2024-02-16 14:47 | Report Abuse

Slow and steady.
Breaking RM5 soon.

Posted by Michael_chan2022 > 2024-02-16 15:49 | Report Abuse

Bye Bye 4.80 series

KooSan

402 posts

Posted by KooSan > 2024-02-16 16:45 | Report Abuse

Gent Singapore result will be out on 22 Feb. Good luck to all holders....

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