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.

83,008 comment(s). Last comment by speakup 26 minutes ago

Posted by Michael_chan2022 > 2024-03-12 12:29 | Report Abuse

If GenB's share price drops to... $4.70, are you suggesting that GenM's share price will also drop to $2.70?

keyman

426 posts

Posted by keyman > 2024-03-12 12:30 | Report Abuse

Okay lah... Trust Sifus... 4.98 on board.... 死就死呗... 这次不知道要被套多久 pkc LKT...

Posted by Michael_chan2022 > 2024-03-12 12:31 | Report Abuse

Drop to 2.70? GenM shareholders will not agree

Posted by Michael_chan2022 > 2024-03-12 12:32 | Report Abuse

That's why i said the situation is completely different from two years ago

keyman

426 posts

Posted by keyman > 2024-03-12 13:01 | Report Abuse

好罗 从LKT 手中骗来的sonata 要原封不动还给他... 还倒贴2架scooter... 怎么办🤭🤭

Posted by Michael_chan2022 > 2024-03-12 13:16 | Report Abuse

Traders 摩拳擦掌, 张牙舞爪...我们静观其变

eagleye

73 posts

Posted by eagleye > 2024-03-12 13:42 | Report Abuse

IBs put high TPs luring you to buy fr them.
They promote PLCs as part of job to make $.
IBs load lower, unload higher.

Posted by EatCoconutCanWin > 2024-03-12 13:45 | Report Abuse

What is going on. Up and down.really make investors run away. Pls did like Nvidia, keep on uptrend

eagleye

73 posts

Posted by eagleye > 2024-03-12 13:55 | Report Abuse

Agree with @AngTayKor.
Just managed to cross 5.20 somewhat,
then Retreat.

Posted by Balian de Ibelin > 2024-03-12 13:59 | Report Abuse

Nvidia dropped a whole village before going uptrend again.
Nvidia was very volatile.
I was keeping track of Nvidia for a long time already.

Genting will also be same as Nvidia.

AngTayKor

1,785 posts

Posted by AngTayKor > 2024-03-12 14:09 | Report Abuse

Sifu @Balian @micheal @ATK@neoths All say downward is unlikely. How am I catch the boat now? Sold 4.85 then buy back 4.97 loss 10 cents leh...
------

Read clearly. I said whales exited yesterday

eagleye

73 posts

Posted by eagleye > 2024-03-12 14:24 | Report Abuse

IBs promote to sell to you.
Some in i3 promote bcoz trap or want to sell

cactus81

250 posts

Posted by cactus81 > 2024-03-12 14:53 | Report Abuse

Do you think Taurux drug is important for current ageing society? This is the key point to hold Genting. Although it might take time to obtain FDA approval, ageing population is becoming bigger. This will translate into high demand for the medicine.

Save

804 posts

Posted by Save > 2024-03-12 14:59 | Report Abuse

Local funds are struggling to start a Raya bull, hope it can reach 1570 which is a breakout of KLCI uptrend channel. if fail, double top of 1555 will bring KLCI to correct to 1490........

newbie2019

1,726 posts

Posted by newbie2019 > 2024-03-12 15:20 | Report Abuse

Whale exited yesterday means price won’t go too far down… suxked oledi?

Riaz1954

1,290 posts

Posted by Riaz1954 > 2024-03-12 15:34 | Report Abuse

Hard battle going to keep it above 5! Critical that it remains above. Comparing to Nividia is a 🥹🥹

Posted by Balian de Ibelin > 2024-03-12 15:47 | Report Abuse

No point selling now.
Genting is ratcheting upwards,
down path always blocked... today whales having an approved Special Operasi.

Please choose your favorite number and make sure to leave early. 😁

Superdaddy

158 posts

Posted by Superdaddy > 2024-03-12 16:22 | Report Abuse

Stay cool all the strong hearts ya. Jz grab on any weaknesses and we shall be amply rewarded sooner or later ya. Cheers!!!

Posted by mikewazowski > 2024-03-12 16:50 | Report Abuse

IB pushing down the price to collect more. The upside is too high after the succesful phase 3 clinical trial. The price easily will go above Rm7.50, only a matter of patients.

Posted by mikewazowski > 2024-03-12 16:53 | Report Abuse

Clinical trial ended in mid 2023. By then whales already should know the clinical trial results, they have been buying non stop from rm4 onwards. Look at the chart.

Save

804 posts

Posted by Save > 2024-03-12 17:07 | Report Abuse

Genting unique way of testing support and resistance- it test from top to bottom. 4.95 and 5.02 tested ok d. it is may be also because too many investors trapped many years at the top from 1999-2023 at 4.90-5.40.

Riaz1954

1,290 posts

Posted by Riaz1954 > 2024-03-12 17:20 | Report Abuse

Let’s see what holds tomorrow …if stays above 5 than good sign plus 9 sen div ……all counts …next 2 weeks vital as price stabilises and investors will start investing for good news. 1 Qtr will be engineered to be better quarter…..which ends in fortnight ….people already know how of this impairment charge will be out through ..all creative accounting no Impact on cash flow

Riaz1954

1,290 posts

Posted by Riaz1954 > 2024-03-12 17:21 | Report Abuse

I wonder what target price boss or his close aliens have set to trigger sales…!

Goldgent

1,348 posts

Posted by Goldgent > 2024-03-12 17:40 | Report Abuse

A remisier friend said G investors should know about SCI Pharmtech Taiwan (台灣旭富製藥).
But I really don't know. Any comrades here know?

Goldgent

1,348 posts

Posted by Goldgent > 2024-03-12 17:57 | Report Abuse

He forwarded this article for our reading 旭富觀音廠規劃2025年下半年投產
https://news.cnyes.com/news/id/5443124

Heavy987

135 posts

Posted by Heavy987 > 2024-03-12 18:02 | Report Abuse

Thanks for the info

keyman

426 posts

Posted by keyman > 2024-03-12 18:17 | Report Abuse

Sifu@Goldgent Thanks for sharings 👍🤭

MG9231

785 posts

Posted by MG9231 > 2024-03-12 18:40 | Report Abuse

@Goldgent , TQ for your info.

Posted by Michael_chan2022 > 2024-03-12 19:13 | Report Abuse

https://rwcatskills.com/resortsworldbet/
Resorts World Catskills

https://theedgemalaysia.com/node/704256
Genting’s Resorts World Bet achieved US$500,000 wagering revenue in February — report

Posted by Michael_chan2022 > 2024-03-12 19:14 | Report Abuse


Is Resorts World Catskills making a strong comeback? ?

Save

804 posts

Posted by Save > 2024-03-12 20:05 | Report Abuse

Thanks Goldgent, this news change my view on TauRX HMTM (LMTM) to believe it may be approved in near term (may be 2025). Taiwan is traditionally supplier of US. if HMTM cannot be approved by US, although it may be approved by other countries, the value will be axed and the economy of scale may not be achieved .

(He forwarded this article for our reading 旭富觀音廠規劃2025年下半年投產
https://news.cnyes.com/news/id/5443124)

Riaz1954

1,290 posts

Posted by Riaz1954 > 2024-03-12 20:11 | Report Abuse

Wagering revenue 500,000 USD, this is petty cash ..the big boys who bet on UFC draft Kings have billions in revenue this income is insignificant and volatile ..i some how feel Genting income model is archaic….I think las Vegas resort is good business with good prospects but Catskills is one of the places which has had its time in 1960-70’s….Any way my 2 pennies worth. TauRX however is another ball game if big boss is able and will8mg to allow other shareholders to benefit!

Riaz1954

1,290 posts

Posted by Riaz1954 > 2024-03-12 20:14 | Report Abuse

Consider options or warrants if one is confident about Taurx outcome …possibly with end of year time expiry

Goldgent

1,348 posts

Posted by Goldgent > 2024-03-12 20:48 | Report Abuse

@Save........All I can say is, there is an on-going plan to commercialize the product.
1) A pharmaceutical company has already been chosen
2) A new factory has already been built
3) Production set up is in progress
4) Production schedule is tentatively set on next year (pending regulatory approval)

Of course, for latest progress of regulatory submission, please do refer to ATK writings from time to time.

choysun

4,309 posts

Posted by choysun > 2024-03-12 20:56 | Report Abuse

Hopefully it's found support and reverse for continued uptrend. More confident investors joining the bandwagon, would be best scenario :)

choysun

4,309 posts

Posted by choysun > 2024-03-12 21:01 | Report Abuse

@Riaz1954 Agreed, Genting US Sports betting is nothing to write home about. Although I hope they have a solid plan for a turn around for Catskills. If a resort on top of a hill can make it, why not Catskills. Yes, monopoly situation but if Catskills could offer somewhat a great holiday destination, they will come? :p

neohts

2,209 posts

Posted by neohts > 2024-03-12 21:12 | Report Abuse

A very good close. Washing all weak holders. Continue washing for another few days. Next target price will be 5.30, then 5.50 then 6.00. keep washing and continue go higher.

DestinyL

4,739 posts

Posted by DestinyL > 2024-03-12 21:27 | Report Abuse

5.20 next stop

Ytl2023

254 posts

Posted by Ytl2023 > 2024-03-12 22:00 | Report Abuse

Bought back a little.. Test water. Maybe keep for dividend. Knowing genting style will drop back.. 2019 repeat until now

speakup

25,977 posts

Posted by speakup > 2024-03-12 22:08 | Report Abuse

All Blue Chips are overvalued or fully valued except for one: Genting!

Ravi Kumar

3,597 posts

Posted by Ravi Kumar > 2024-03-13 08:15 | Report Abuse

Money coming.......

Posted by EngineeringProfit > 2024-03-13 08:16 | Report Abuse

The more the better

Lai.....lai...lai

Big or small

Save

804 posts

Posted by Save > 2024-03-13 09:00 | Report Abuse

Today Son move mother?

Ytl2023

254 posts

Posted by Ytl2023 > 2024-03-13 09:03 | Report Abuse

Disappointing opening. Come play jtiasa. Strong uptrend

gladiator

666 posts

Posted by gladiator > 2024-03-13 09:06 | Report Abuse

Genting RM5 from resistant to support.

keyman

426 posts

Posted by keyman > 2024-03-13 09:11 | Report Abuse

Jtiasa... This rubbish stock trapped me for years... One of the boss this company also calls A thai... A real rubbish...

Ytl2023

254 posts

Posted by Ytl2023 > 2024-03-13 09:14 | Report Abuse

Profit from jtiasa. Sudah overtake my profit from ytlp or ytl. U wrong timing

Ytl2023

254 posts

Posted by Ytl2023 > 2024-03-13 09:15 | Report Abuse

Genting. Buy sell buy sell. Can sell some profit. Hold sure mati long time ago

stampid54

284 posts

Posted by stampid54 > 2024-03-13 10:53 | Report Abuse

looks like many traders took profit at above 5.10

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