GENTING BHD

KLSE (MYR): GENTING (3182)

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Last Price

4.81

Today's Change

+0.05 (1.05%)

Day's Change

4.76 - 4.81

Trading Volume

8,335,700


43 people like this.

83,036 comment(s). Last comment by AngTayKor 1 hour ago

DestinyL

4,739 posts

Posted by DestinyL > 1 month ago | Report Abuse

Even if next QR only achieve say 6 sen/share, we'd still possibly get about 11 sen/share, which is more than last year's final dividend

mushimushi

281 posts

Posted by mushimushi > 1 month ago | Report Abuse

Just checked the latest price target for Genting BHD.
Max 7.20
Min 5.10
AVG 6.06

So basically all the online guru give the min price target. Don't sell too early. Long way up.

choysun

4,309 posts

Posted by choysun > 1 month ago | Report Abuse

Gap up today? Should be able to breach RM5 easily I guess... Hmm

James_Bond

3,239 posts

Posted by James_Bond > 1 month ago | Report Abuse

Wahaha! Queue sell my Genting shares at 4.90, 5.00! Lock profit first before the big storm coming!

Poor US share performance overnight!
Dow 38,111.48 (-330.06)
S&P 5,235.48 (-31.47)
Nasdaq 16,737.08 (-183.50)

mf

28,071 posts

Posted by mf > 1 month ago | Report Abuse

Dow Jones

Dow Jones Industrial Average

38,111.48

-330.06

0.85%

Nasdaq

NASDAQ Composite

16,737.07

-183.50

1.08%

bullrun168

392 posts

Posted by bullrun168 > 1 month ago | Report Abuse

Quarterly rpt on consolidated results for the financial period ended 31 Mar 2024
GENTING BERHAD

1) Revenue. 7,431,337,000
2) Profit/(loss) 1,380,447,000
before tax
3) Profit/(loss) 998,612,000
for the period
5) Basic earnings/(loss) 15.29
per share (Subunit)
7) Net assets. 8.98
per share (NTA)

Date Announced: 30-5-2024

bullrun168

392 posts

Posted by bullrun168 > 1 month ago | Report Abuse

Walaoeh, finally the super outstanding QR for Genting just come out!
Oh my goodness, an incredicle,unbelieveable superb big profits of 1 billion ringgit !

Like that once market opened this morning, Genting going to limit up to closed at RM6.30 (+RM1.45)(+29.9 %) already liao lah !

Heng ah, Ong ah, Huat ah !

newbie2019

1,726 posts

Posted by newbie2019 > 1 month ago | Report Abuse

gap up a bit only? 4.9? 4.95? 4.99?

newbie2019

1,726 posts

Posted by newbie2019 > 1 month ago | Report Abuse

lol GenM gap down

Posted by prudentinvestor > 1 month ago | Report Abuse

Sharp falls in the US markets for two consecutive days are affecting local market sentiment.

bullrun168

392 posts

Posted by bullrun168 > 1 month ago | Report Abuse

It's good for Asia bourses coz all the funds from US will exit from US and spours into Asia especially KLSE !

Posted by Michaelchan2024 > 1 month ago | Report Abuse

Go go.. GenB

Save

806 posts

Posted by Save > 1 month ago | Report Abuse

Selling on news is happening. It seems 1 better than average QR only not enough to provide confident.

rickygiam

122 posts

Posted by rickygiam > 1 month ago | Report Abuse

Everyone stuck at below rm5 many times, so many sellers. Hopefully once settled GenB will move upwards

smurfbee

1,439 posts

Posted by smurfbee > 1 month ago | Report Abuse

genting CEO needs to be replaced.

GTfun

356 posts

Posted by GTfun > 1 month ago | Report Abuse

May turn from green to red

Posted by prudentinvestor > 1 month ago | Report Abuse

Market sentiment was a bit shaky early in the morning yesterday but it slowly recovered. It could be the same today.

Pinky

3,367 posts

Posted by Pinky > 1 month ago | Report Abuse

Asia markets green green la

GTfun

356 posts

Posted by GTfun > 1 month ago | Report Abuse

Turn red

newbie2019

1,726 posts

Posted by newbie2019 > 1 month ago | Report Abuse

wth….. really old stick can’t up?

mushimushi

281 posts

Posted by mushimushi > 1 month ago | Report Abuse

zzz, CEO malas buka mulut, what to do. Need to be patience.

speakup

25,995 posts

Posted by speakup > 1 month ago | Report Abuse

Genting QR big profit 589MIL but market react as if QR lost. Apalah

rickygiam

122 posts

Posted by rickygiam > 1 month ago | Report Abuse

Screwed again by lkt... Fake QR report to dispose shares..

Junichiro

2,052 posts

Posted by Junichiro > 1 month ago | Report Abuse

Other stocks fly up when reporting increase in net profit but Genting does the opposite.

newbie2019

1,726 posts

Posted by newbie2019 > 1 month ago | Report Abuse

buy Maybank better

neohts

2,210 posts

Posted by neohts > 1 month ago | Report Abuse

AGM you all know what to do. Don't give him face.

neohts

2,210 posts

Posted by neohts > 1 month ago | Report Abuse

I hope before AGM LKT could make some good announcement.

Investorrr

647 posts

Posted by Investorrr > 1 month ago | Report Abuse

when people on the street know about Good thing,market will react opposite way.

mushimushi

281 posts

Posted by mushimushi > 1 month ago | Report Abuse

Big fish belum cukup makan, don't want to push up maybe. Disappointed, hold lah what to do? Sian, wait till AGM

ndusapp

4 posts

Posted by ndusapp > 1 month ago | Report Abuse

Sian

GTfun

356 posts

Posted by GTfun > 1 month ago | Report Abuse

Genm report revenue flat, many doubts about it abilities to recover since heavy tax be implied in 2018, gaming tax 20% +10%+(6%+2%), 18% increased from 20% to 38% direct tax revenue around 1600x18%=288m every quarter. In other word can almost close down, thank to mr Lim Guan Eng.

keyman

426 posts

Posted by keyman > 1 month ago | Report Abuse

Ok thanks no hope. Wait for the next QR. This time jangan harap banyak. My Gawai Angpow gone... Thanks 烂 Gor 呆

Daim88

98 posts

Posted by Daim88 > 1 month ago | Report Abuse

lan j stock like top glove can up 30% for no f ing reason, Genting drop after big positive news. KLSE is a joke, no wonder no foreign investor play KLSE.

GTfun

356 posts

Posted by GTfun > 1 month ago | Report Abuse

Management already give up genm, distributes dividends as much as they can, borrowed as much as money, every single sen they make transfers to overseas, stop investing (even road also dont wanted to fix, maintenance of building just let go). Sooner or later will restructure, transfer out assets wanted, tranfer in rubbish assets, after sell it 49.1% stake. Gambling sector, no hop in Malaysia

GTfun

356 posts

Posted by GTfun > 1 month ago | Report Abuse

Empire is just the beginning, next Rwlv will sell to genm or list together in us

Daim88

98 posts

Posted by Daim88 > 1 month ago | Report Abuse

Please call Anwar, KLSE need reform, allow EPF to buy none syariah compliant stocks. Then we will see Genting trading at fair value in no time. EPF can buy murderous family destroying sin stocks like Top glove, why cannot buy our number one tourist attraction in Malaysia? Make no f ing sense.

Posted by prudentinvestor > 1 month ago | Report Abuse

Those who had bought heavily early in the morning are now bitterly disappointed. Profit increased by a few hundred per cent but share price drops, very unusual.

Investorrr

647 posts

Posted by Investorrr > 1 month ago | Report Abuse

let clear off all contra kaki today.Hoping Foreign funds to digest today new before deciding to investment next week.

Investorrr

647 posts

Posted by Investorrr > 1 month ago | Report Abuse

Genting Bhd'sentiment is dragging down by weak Genting Malaysia

rickygiam

122 posts

Posted by rickygiam > 1 month ago | Report Abuse

All kena trap... All the hoo haa yesterday when qr out

speakup

25,995 posts

Posted by speakup > 1 month ago | Report Abuse

Boo chow
Dah panik selling

Posted by Michaelchan2024 > 1 month ago | Report Abuse

https://www.asgam.com/index.php/2024/05/31/challenging-quarter-sees-resorts-world-las-vegas-earnings-fall-in-1q24/
Challenging quarter sees Resorts World Las Vegas earnings fall in 1Q24

Hold on..

Posted by Michaelchan2024 > 1 month ago | Report Abuse

https://www.nst.com.my/business/corporate/2024/05/1057621/gaming-stocks-see-mixed-reaction-investors-despite-positive-news
Gaming stocks see mixed reaction from investors despite positive news flow

Save

806 posts

Posted by Save > 1 month ago | Report Abuse

Agreed with you but not sure if can closed above 5, above 4.90 is good enough. slow slow up is better than gap up.
(Johnchew123
IB report need send to institution fund , foreign fund oversea now night time , sleeping , afternoon only report go through by foreign fund , wait 2 .30 pm afternoon , see foreign fund step in , if step in , will close above RM 5)

yongyong88

464 posts

Posted by yongyong88 > 1 month ago | Report Abuse

Everybody expects price going to shoot up with some predicting limit up. Many must have bought at the start hence a few sen up after opening. Now trapped! This is just like playing baccarat at Genting. When all previous trend points to Player, everybody will bet on Player but when the cards open, Banker wins. Maybe insider selling to pay for the operating expenses of Empire in the US.

Pinky

3,367 posts

Posted by Pinky > 1 month ago | Report Abuse

Be patient. "Sell on news" is very common

Posted by Johnchew123 > 1 month ago | Report Abuse

Let see this Genting trend can happen what SPSetia trend happen on Feb QR , once strong report QR report , first day up 6 sen from 84 sen up 90 sen , 5 p.m close flat , folllowing next day Spsetia slowly up until 1.53 , only take 15 trading day ,
Let see what institution fund strategy ,coming Jun , any portfolio change , dispose other stock , buy in Genting or not ,coming JUN will tell u all , if price slowly up , mean instution fund slowly buy in

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