GENTING BHD

KLSE (MYR): GENTING (3182)

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Last Price

3.66

Today's Change

-0.04 (1.08%)

Day's Change

3.66 - 3.72

Trading Volume

5,961,600


47 people like this.

89,450 comment(s). Last comment by ImCK 5 hours ago

Posted by Johnchew123 > 2024-06-21 11:54 | Report Abuse

https://www.thestar.com.my/business/business-news/2024/06/21/genting-set-for-an-energy-booster
News out already
Short term ,Genting can go RM 5.20 Kah ?
Waiting local n foreign fund to go in , no esg , now multi national project

Posted by Michaelchan2024 > 2024-06-21 12:09 | Report Abuse

不要跟我讲keyman sifu 也下車了。

Posted by Johnchew123 > 2024-06-21 12:09 | Report Abuse

2 agreement sign with China during China Premier Li Qiang visit Malaysia . Genting pandai ,turn multi project , let see movement Genting next week , can attract local n foreign fund go in , no ESG now ,doing multi national project

Posted by Michaelchan2024 > 2024-06-21 12:35 | Report Abuse

你好,大家好 !

Posted by Michaelchan2024 > 2024-06-21 13:58 | Report Abuse

https://www.klsescreener.com/v2/news/view/1345853/maybank-ib-optimistic-on-genting-bhd-s-china-ipp-flng-moves
Maybank IB optimistic on Genting Bhd's China IPP, FLNG moves

Will GenB continue its uptrend in the afternoon session?

choysun

4,502 posts

Posted by choysun > 2024-06-21 14:37 | Report Abuse

It's not how you start but how you finish. Come on Genting :)

smurfbee

1,443 posts

Posted by smurfbee > 2024-06-21 15:45 | Report Abuse

please sell more traders.... run and cash out your genting shares now... thank you.

mushimushi

890 posts

Posted by mushimushi > 2024-06-21 15:58 | Report Abuse

I think energy business is confirmed better than casino business. Sure untung one it seems. What is the risk none. Compares to casino, the operation cost is sky high, also has the risk of shutting down due to pandemic like crisis. Also imagine the economy is bad, people decided to cut down expenses and stop visiting casino, it is not a sure win business. Energy business on the hand is an always win business. I think this rally just the beginning of a long rally. I can feel the power. Gonna hit 5.5 short term, and 6.5 long term target. Only less than 50 days, will be hearing about the next good quarter release, selling now will be the dumbest thing you can do now. Just hold, and wait to collect 10-30-50% profit, it is not a dream.

stampid54

319 posts

Posted by stampid54 > 2024-06-21 16:02 | Report Abuse

Genting's energy ventures not meant to take over core gaming business, says president
https://theedgemalaysia.com/node/716187

Riaz54

157 posts

Posted by Riaz54 > 2024-06-21 16:44 | Report Abuse

Small rise selling starts due to trust deficit. No sustained upward move.

Posted by Michaelchan2024 > 2024-06-21 17:16 | Report Abuse

Good. BBs buying up GenM at the last minute.. 😍

KooSan

587 posts

Posted by KooSan > 2024-06-21 17:46 | Report Abuse

Drop some more please.

mushimushi

890 posts

Posted by mushimushi > 2024-06-21 18:05 | Report Abuse

Next week gap up and rocket lor. Then wait for another good quarter news. No more looking back.

mushimushi

890 posts

Posted by mushimushi > 2024-06-21 18:08 | Report Abuse

China so much money, if Malaysia open it's door fully. Malaysia will have at least 5 more Kuala Lumpur size metropolis. 1 each in Sabah Sarawak, Johor, Penang and Melaka

AngTayKor

3,092 posts

Posted by AngTayKor > 2024-06-21 18:20 | Report Abuse

Please look at Forest City 🙄

Save

885 posts

Posted by Save > 2024-06-21 19:04 | Report Abuse

Genting share price movement today technically not bullish because 4.85 resistance was not broken. Fortunately closing able to stay above MAV20 (4.74) and MAV100 (4.75), providing small hope that both supports hold for near term. Foreign fund seems not buying into Genting transformation performance and today boss goreng ended not successful......

Posted by Johnchew123 > 2024-06-21 21:04 | Report Abuse

MA 20 ( 4.74 ) can tahan 3 day no drop , Genting got hope move upward to chanllege RM 5.20 resistance ,successful break up , will chanlege strong resistance 5.50 ,
Let see any local fund or foreign fund go in , price action will tell u all next week

Posted by Michaelchan2024 > 2024-06-21 22:53 | Report Abuse

If you google the latest news on GenB's US$1 billion investment in its oil, gas, and energy segments, you'll find that only a few overseas newspapers have covered it online. As a result, the foreign fund managers may not be aware of the latest news about Genting. It may take more time for the news to filter through the online media.

Posted by Michaelchan2024 > 2024-06-21 22:56 | Report Abuse

Genting's PR skills may need improvement..

Riaz54

157 posts

Posted by Riaz54 > 2024-06-22 00:58 | Report Abuse

Genting does market the company well to potential investors. The more Shareholder focussed Companies hold capital markets day to invite analysts and institutional investors and highlight their plans and promote the company.

Posted by Michaelchan2024 > 2024-06-22 09:41 | Report Abuse

https://youtu.be/Wu5UZyX1LT4?si=d0WQpqOM-LL7szVO
'Transformation of Genting is just starting '

Posted by Michaelchan2024 > 2024-06-22 09:41 | Report Abuse

https://youtu.be/Koz1Gq6g73M?si=O0pqLK6uQSIbdFB0
Genting gives update on Alzheimer drug

Posted by Michaelchan2024 > 2024-06-22 09:42 | Report Abuse

https://youtu.be/TS8hZ3O5ba8?si=pBa7AoPOPBYEXCqK
Genting's energy division could contribute US$1.3 billion in revenue

https://youtu.be/CAGeXL00Re0?si=rvvpQtw6VCoh8qmh
Genting to invest RM277 mil for another China power plant

Posted by Michaelchan2024 > 2024-06-22 09:43 | Report Abuse

https://youtu.be/II5IvHshvQY?si=M1AuWcQwr3aa6zLe
Genting talks suitors for its gas

Pinky

3,520 posts

Posted by Pinky > 2024-06-22 10:51 | Report Abuse

Ini kali lah!

Posted by Michaelchan2024 > 2024-06-22 11:18 | Report Abuse

柔佛向砂拉越取经推广使用氢能源
https://www.zaobao.com.sg/news/sea/story20240621-3959177

Let's watch closely; surely there will be an announcement by Genting about its mega energy projects in Johor Bahru.

Posted by Michaelchan2024 > 2024-06-22 11:22 | Report Abuse

No.. no to data center investment. The market has become highly competitive with an already significant number of investments in data centers.. entering into战国時代?

Posted by Michaelchan2024 > 2024-06-22 11:26 | Report Abuse

No doubt hydrogen 氢能源 is the future.

mushimushi

890 posts

Posted by mushimushi > 2024-06-22 14:31 | Report Abuse

Honestly physical casino business is under threat by online casino. Online casino has no boundaries, anytime anywhere, and a fraction of the operating cost. It is a smart choice for Genting to go all in to energy business. Energy is the future. Energy is much easier to make money than casino. Genting to the moon next week.

mushimushi

890 posts

Posted by mushimushi > 2024-06-22 14:33 | Report Abuse

Ini Kali lah!! TP RM 6

mushimushi

890 posts

Posted by mushimushi > 2024-06-22 14:36 | Report Abuse

Bill gates latest cnn video talks about the next big thing is nuclear power, given that China already crack the code of harnessing the power of the sun. Fusion is the new kid on the block.

Posted by Michaelchan2024 > 2024-06-22 15:25 | Report Abuse

Well said. Nuclear hydrogen is the future and it's good that Genting is betting big on energy projects.

Posted by Michaelchan2024 > 2024-06-22 15:26 | Report Abuse

https://www.hydrogeninsight.com/innovation/south-korea-s-first-nuclear-hydrogen-project-to-be-built-by-2027-by-eight-partners-including-hyundai-and-samsung/2-1-1663769
South Korea’s first nuclear hydrogen project to be built by 2027 by eight partners, including Hyundai and Samsung

https://www.hydrogeninsight.com/policy/canada-s-clean-hydrogen-investment-tax-credit-becomes-law-offering-developers-up-to-40-tax-rebates-on-project-costs/2-1-1665563
Canada’s clean hydrogen investment tax credit becomes law, offering developers up to 40% tax rebates on project costs

Posted by Michaelchan2024 > 2024-06-22 15:59 | Report Abuse

Will Genting enter into the Newater or desalination water plant business? There are so many possibilities..😅 Go go.. Genting

AngTayKor

3,092 posts

Posted by AngTayKor > 2024-06-22 18:27 | Report Abuse

Wah @Michael weekend so free ah talk until like this stock going to worth rm50/share 🤣

Posted by Michaelchan2024 > 2024-06-22 18:38 | Report Abuse

Haha @ATK, weekend is perfect for chatting about possibilities.. 😊

Riaz1954

1,350 posts

Posted by Riaz1954 > 2024-06-22 18:54 | Report Abuse

All possibilities but no substance

Posted by Michaelchan2024 > 2024-06-22 18:55 | Report Abuse

https://www.malaymail.com/news/malaysia/2024/06/21/global-infrastructure-partners-blackrock-is-not-involved-in-mahb-privatisation/140778
Global Infrastructure Partners: BlackRock is not involved in MAHB privatisation

陈剑錯了,不是因为旅游业复苏...Actually 是阿公 pushed up share price to facilitate the privatization of MAHB la...

Riaz1954

1,350 posts

Posted by Riaz1954 > 2024-06-22 18:56 | Report Abuse

You have to really ask why this counter does not go up compared to others! It is nothing to do with actual business as but more about past behaviours and governance issues. Simple as that!

Posted by Michaelchan2024 > 2024-06-22 19:18 | Report Abuse

Like that ahh..i think it's reasonable to ask why Wynn Resorts and las vegas sands haven't experienced increase in share price either.. better don't

AngTayKor

3,092 posts

Posted by AngTayKor > 2024-06-22 19:38 | Report Abuse

@Riaz, if can unwind the ER rpt, this stock immediately gap up rm1/share 😀

turbochart

610 posts

Posted by turbochart > 2024-06-22 20:50 | Report Abuse

Push high high, everybody sell, who buy? Wakakakak...

ivanlau

1,400 posts

Posted by ivanlau > 2024-06-22 20:56 | Report Abuse

If based on forward eps 40 x 16 , the fair value will be rm 6.40 , today closing 4.77 , think about that.............

Posted by Michaelchan2024 > 2024-06-22 21:25 | Report Abuse

Genting's investment in green energy is a bold step towards sustainability and global growth.. While it will initially use some casino profits and take time to become profitable, this move positions the company well for the future.

Posted by Michaelchan2024 > 2024-06-22 21:29 | Report Abuse

Investing in green energy not only supports the environment but also opens new opportunities for long-term success. Boss Lim said the transformation of Genting is just starting. 👌

Peaches L

945 posts

Posted by Peaches L > 2024-06-23 04:28 | Report Abuse

Just like TauRx many years ago, most ppl were skeptical abt such a venture. And soon, it will shut those critics’ mouths for real. I believe strongly the Company is under great hands with visionary leaders who are noble individuals who hv d heart to pursue projects like these to serve, benefit and give back to humanity.

Peaches L

945 posts

Posted by Peaches L > 2024-06-23 04:31 | Report Abuse

LKT was so humble to say tht, probably it’s the higher power from above who wanted GenT to b successful to bring such a medical breakthrough to help humanity. 👍👍👍

Posted by Michaelchan2024 > 2024-06-23 08:56 | Report Abuse

Boss Lim said that, besides the investment in the energy division revealed, there are a few other projects they are working on.
Hopefully, in time to come, they will share these with us, just as they did with the energy division. He emphasized that we should continue to watch this space, as the transformation of Genting is just beginning.

Posted by Michaelchan2024 > 2024-06-23 09:18 | Report Abuse

Guess what these projects that Boss Lim mentioned could be! I believe there could be more green projects in the pipeline. There might be a USA IPO, and of course we should not forget the potential approval of TauRx by the regulatory authorities soon.

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