Posted by hng33 > 2024-02-16 17:11 | Report Abuse

TA chart show sign of cup and handle formation, bullish breakout is imminent next week

Posted by newbie2019 > 2024-02-16 17:49 | Report Abuse

sui sui liao la
time for some nice payback

Posted by Nice149 > 2024-02-16 20:56 | Report Abuse

In 2017 and 2018, Genting delivered 1.48 bill profit. The average share price was 9.00

Posted by Save > 2024-02-17 10:28 | Report Abuse

Finished washing weak holders below 4.90? Watch Genting singapore if can maintain breakout from 1.03 day 3 on Monday.
https://www.youtube.com/watch?v=cxF02aSYxhs

Posted by Save > 2024-02-17 11:17 | Report Abuse

2024: 2 sectors to be reviewed upwards, will be shine end of 2024.
https://www.thestar.com.my/business/business-news/2024/02/16/malaysia-registers-economic-growth-of-3-in-4q23

Moving forward, Bank Negara said growth in 2024 will be driven by resilient domestic expenditure and improvement in external demand.
It said the tech upcycle combined with stronger external demand and continued improvement in the tourism sector will provide support to Malaysia's exports.

Posted by ivanlau > 2024-02-18 10:55 | Report Abuse

If based on forward eps 40 x 15 pe, the fair value should be rm 6 ...........

Posted by choysun > 2024-02-18 18:28 | Report Abuse

Interesting week ahead. Place your bets... :)

Posted by Hong9933 > 2024-02-18 20:23 | Report Abuse

又捐了5k给genting ，genting 真是heng ong huat ah

Posted by neohts > 2024-02-19 08:31 | Report Abuse

Aaron Kwok 4 shows in Genting Highland full house.

Posted by neohts > 2024-02-19 08:35 | Report Abuse

https://www.thestar.com.my/business/business-news/2024/02/19/better-gaming-earnings-forecast-for-4q23

Better gaming earnings forecast for 4Q23
“For the casino segment, both Resorts World Genting (RWG) and Resorts World Sentosa (RWS) were packed with visitors queuing to enter the casinos and placing bets during the first week of CNY.

It said the Genting Group is a direct beneficiary of the tourism ramp-up in 2024 with foreign tourist arrivals to Malaysia expected to exceed 2019’s level.

“Positive developments of Genting Malaysia Bhd’s downstate New York’s full-fledged casino licence bid and Genting Bhd’s TauRx Pharmaceuticals’ Alzheimer drugs, which are set to release two years of its Phase Three trial data in March, are also key re-rating catalysts.”

The moratorium for New York’s downstate casino had ended in 2023, and Genting Malaysia’s Resorts World New York City (RWNYC) appeals as one of the frontrunners to secure a full-scale gaming licence.

“We anticipate more newsflow to be released within the first half of 2024 and RWNYC eventually securing a concession which may lift Genting Malaysia’s earnings before interest, taxes, depreciation, and amortisation by US$106mil based on our earlier assumptions,” said UOBKH Research.

On Genting’s 20.33%-owned TauRx, it said positive data from TauRx’s HMTM Phase Three trial may set a milestone towards securing authorities’ approval, which could potentially fetch RM3.45 per share monetisation value for Genting’s stake in TauRx.

The research firm said this was based on assumptions that TauRX was initially eyeing a Nasdaq initial public offering in 2017 with a potential valuation of US$15bil. However, it said it had yet to impute any option value from TauRX.

Posted by hhhiii123 > 2024-02-19 08:43 | Report Abuse

5.50, la lai

Posted by Save > 2024-02-19 09:18 | Report Abuse

Next resistance may be 5.11, 5.25.
https://www.sinchew.com.my/?p=5401523
大马在这个春节成为中国人民出游的五大国家之一，新年期间就有5000个中国团到访、超过10万名中国游客到马旅游，估计带来10到15亿令吉的经济效益。

Posted by Riaz1954 > 2024-02-19 09:32 | Report Abuse

Significant Resistance at 5.0 and all the way beyond….however sells get absorbed

Posted by Michael_chan2022 > 2024-02-19 09:55 | Report Abuse

https://www.channelnewsasia.com/singapore/future-energy-fund-clean-fuel-lawrence-wong-budget-2024-hydrogen-nuclear-natural-gas-4128656?cid=internal_sharetool_androidphone_19022024_cna

Budget 2024: S$5 billion for new Future Energy Fund to power Singapore's transition to clean fuels

Solar power may not be the future of renewable energy

Posted by Michael_chan2022 > 2024-02-19 09:55 | Report Abuse

https://www.theedgesingapore.com/news/budget-2024/singapore-invest-over-1-billion-ai-over-next-five-years-budget-2024

Budget 2024
Singapore to invest over $1 billion in AI over the next five years: Budget 2024

Not only Nvidia hor..

Posted by Michael_chan2022 > 2024-02-19 09:56 | Report Abuse

YTLp TP: 270
YTL TP: 170

Lai lai buy..GenB

Posted by Michael_chan2022 > 2024-02-19 09:57 | Report Abuse

龙年大吉,
财源滚滚,
兴啊! 旺啊! 发啊...

Posted by Hong9933 > 2024-02-19 10:32 | Report Abuse

😂😂

Posted by prudentinvestor > 2024-02-19 11:06 | Report Abuse

With so many Chinese coming to Malaysia during the Chinese New Year and many contributing to Genting's bottom line, Genting should actually move up strongly. Unfortunately it isn't.

Posted by choysun > 2024-02-19 11:11 | Report Abuse

Why ppl take profit now? Eating bilis meal only :p

Posted by Save > 2024-02-19 11:37 | Report Abuse

All the laggards like Consumer , plantation , technology and energy sectors start moving, let's enjoy 1 weeks of last leg before profit taking!

Posted by Michael_chan2022 > 2024-02-19 12:03 | Report Abuse

https://jalopnik.com/honda-s-hydrogen-powered-cr-v-is-coming-even-if-there-1851260292

Honda’s Hydrogen-Powered CR-V Is Coming

https://www.drive.com.au/news/toyota-hilux-fcev-dual-cab-concept-thailand/

Hydrogen-powered Toyota HiLux dual-cab concept unveiled in Thailand

https://delhibreakings.com/toyota-finally-cracked-the-water-engine-secret-no-more-ev-petrol-and-diesel-required/

Toyota Finally Cracked The Water Engine Secret. No More EV, Petrol and Diesel Required.

With breakthroughs.. in new technologies, electric vehicles are not the only solution for green energy

Genting is still the best investment

Posted by neohts > 2024-02-19 12:36 | Report Abuse

More good news and no bad news. Why selling. Should start accumulate. No problem breaking RM5.

Posted by neohts > 2024-02-19 13:34 | Report Abuse

Hold until March 2024.
Genting Bhd’s TauRx Pharmaceuticals’ Alzheimer drugs, which are set to release two years of its Phase Three trial data in March, are also key re-rating catalysts.”
TauRx’s HMTM Phase Three trial may set a milestone towards securing authorities’ approval

Posted by Save > 2024-02-19 14:32 | Report Abuse

Genting Singapore price surging on day 3 may indicate new uptrend started. We may say bye bye Genting below 4.90 today in near term....

Posted by stevenchua5 > 2024-02-19 15:28 | Report Abuse

Above rm5 G boss wiil start selling

Posted by neohts > 2024-02-19 15:42 | Report Abuse

According to bursa, if the bosses or any major shareholder is selling, Genting Berhad need to provide detail to bursa and will appear in daily bursa news. So far I didn't see any change of shareholders new in Bursa for a very long times.,

Posted by neohts > 2024-02-19 15:49 | Report Abuse

If next week GenS or GenP result is very good, Share price sure go up.
Exchange rate convert to Ringgit profit even more for GenB.

Posted by Havefun > 2024-02-19 16:09 | Report Abuse

Hope Mr Lim plays his card right this time finally

Posted by MG9231 > 2024-02-19 16:21 | Report Abuse

Genting Singapore is now transacted @ S$1.06

Posted by choysun > 2024-02-19 16:36 | Report Abuse

When are we gonna see buying frenzy :)

Posted by stevenchua5 > 2024-02-19 16:44 | Report Abuse

I remember when g was rm5.30-5.50 boss sold quite substantial. And yes it was announced publicly

Posted by neohts > 2024-02-19 16:49 | Report Abuse

Maybe that time he needs money for Genting HK.

Posted by choysun > 2024-02-19 16:57 | Report Abuse

@neohts Don't think it's for Genting HK. That ship has sailed. Maybe the new Resorts World Cruises.

Posted by choysun > 2024-02-19 16:59 | Report Abuse

If tomorrow gap up, some would be saying, aiya, why did I sell... :p

Posted by Save > 2024-02-19 17:25 | Report Abuse

GenS may be release results on 22 Feb, this week.
https://www.investing.com/equities/genting-international-earnings
(If next week GenS or GenP result is very good, Share price sure go up.
Exchange rate convert to Ringgit profit even more for GenB.)

Posted by Save > 2024-02-19 17:32 | Report Abuse

Foreign funds are buying, local institutional funds are selling, strategically. Therefore, when hot money leaving, we have fund to support the market to prevent crashing.
(If tomorrow gap up, some would be saying, aiya, why did I sell... :p)

Posted by neohts > 2024-02-19 17:40 | Report Abuse

Good luck. Just hope for the best and pray that TauRX could bring a fortune this year. So hold tight tight.

Posted by Save > 2024-02-19 17:40 | Report Abuse

Genting results 4Q 2023 is expected slightly better or equivalent than 3Q. Personal view explosive results is only expected in 1Q 2024...........

Posted by Riaz1954 > 2024-02-20 08:15 | Report Abuse

StevenChua….correct this is the risk which is keeping the Genting share price checked …as well party surprise party related transactions …which can come out of the blue like Getting Genting to buy privately held Empire Resorts investments at inflated price….this is the main issue. This lack of good governance is what is stopping Genting and reason for underperformance which began before CV 19 some 7 years ago. But you never know things may change. Shareholders Need to be vigilant when announcements are made in relation Taurx..big selling could be followed by acquisition of shares before an market update

Posted by Riaz1954 > 2024-02-20 08:18 | Report Abuse

Dumping of large shares in open market by boss is really very bad governance ..this has happened few times. Bursa announces such transactions after the event. The right way to sell large number of shares by boss is to do it out of market this way it is less of a shock and is controlled.

Posted by Riaz1954 > 2024-02-20 09:20 | Report Abuse

Buy volume is almost 97% and yet price has just moved to 4.94…it is being held

Posted by neohts > 2024-02-20 10:05 | Report Abuse

This year is WOOD DRAGON.
Genting is on top of the hill with a lot of trees and Wood.
This year is going to be very ONG for Genting Berhad.

Posted by Michael_chan2022 > 2024-02-20 10:15 | Report Abuse

Go go ..GenB

Posted by Michael_chan2022 > 2024-02-20 10:16 | Report Abuse

Slow and steady.. 👍

Posted by Hong9933 > 2024-02-20 10:52 | Report Abuse

Rm6可以吗

Posted by Michael_chan2022 > 2024-02-20 11:04 | Report Abuse

People will sell, so there is No point in the share price moving up at this juncture..
maybe it will rise after the q4 financial reporting

Posted by Riaz1954 > 2024-02-20 11:05 | Report Abuse

Slow and steady more like reverse and steady. Even Dialog after reasonable performance has shot up.

Posted by Michael_chan2022 > 2024-02-20 11:40 | Report Abuse

My view only:
If you are prepared.. to hold the stock for 2-3 years with a TP of RM10, whether it is at a share price of RM5 or 6 ...doesn't make a difference.

Posted by keyman > 2024-02-20 12:05 | Report Abuse

Needs time to restore confidence. Unless has a continously remarkable profit. The coming QR is critical. It is around the corner. Wait and see