So many delusional people here, result obviously below par and people are still bullish about gap-up tomorrow, banking hopes on dividend... Tomorrow confirm gap down, don't be delusional and lie to yourselves. Everyone went bullish on this result expectation and all wrong, except for a select few...
Now everyone can see for themselves, who are the ones spinning the false bullish lies, trying to influence the crowd, and who are the ones who provide good, reliable information. Better know who to listen to in this forum...
3 weeks ago i posted weak numbers of MBS Q2 result. I better not share or say too much here else others will start accusing ATK exhibiting shortist behaviour doing fear mongering for my own agenda.
Its sad to see naive newbies being led into slaughter house by those who try to control the forum by constantly making false accusations against people who can contribute to this forum in order to shut them off.
Genting Singapore (GENS) Earnings: 1H Net Income Hits S$356.9M with Strong Gaming Revenue By Smartkarma Newswire August 14, 2024 Genting Singapore‘s net income for the first half of 2024 is S$356.9 million. The company’s adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is S$570.8 million. Genting Singapore reported a total revenue of S$1.36 billion for the first half of the year. The integrated resorts’ gaming segment earned S$957.6 million in revenue. Analyst ratings show 15 buys, 3 holds, and 0 sells for Genting Singapore.
All the shorties here are delusional, Genting Singapore actually surpassed pre-pandemic net profit. They still preaching for sell. They are the real conman.
These days i just come here to poke n make fun. Stock trading with precision entry n exit points not a problem im usually able to do it with high probability of success even though Im not trading now.
I do know a lot of details about our UK MHRA, UAE, FDA updates + in-depth analysis. If detractors like to make false accusations to shut me off, its ok also. I cannot be throwing gems at germs right?
At this rate, Genting Singapore is looking to surpassed SGD 800m net profit given stronger revenue 2nd half of the year. This is record net profit, roughly 40% to 50% increased in profits compares to those years before the pandemic.
Genting Singapore has posted earnings of $357 million for the 1HFY2024 ended June Genting Singapore has posted earnings of $247.4 million for the 1QFY2024 ended March
So, what is genting Singapore earning for 2QFY2024? How Genting berhad profit will recorded from genting singapore in coming Q2?
GenB attributable net profit from GenS S$247m x 53% ownership= approx RM455m. If GenB Q1 result net profit rm300m, hungkan liow la that means all other subsi including GenP, RWG, Empire, RWLV etc running at attributable net loss of rm155m. GenS good result already priced in hence you get to see 4.70+ now. GenB's net profit need to be at least rm600m to show that attributable net profit from subsidiaries GenP, RWG, Empire, RWLV etc are giving rm145m. The bar is not high at all for Q1 NP rm600m. --------------- If GenP makes net profit rm60m for Q1, 55% ownership = approx rm33m of attributable to GenB. Combine GenS + GenP, both entities will be giving GenB attributable net profit of rm488m. If GenM + RWLV can just give another rm112m of attributable net profit to GenB, GenB's Q1 net profit rm600m liow. Its not difficult. Lucky we have the Singapore side to power up the group earnings. ++++++++++++
GenP's Q1 NP rm42.8m, @55% ownership = rm23.5m attributable to GenB. Both GenS and GenP are already giving GenB rm455m + rm23.5m = rm478.5m. Need another rm121.5m to hit rm600m Q1 net profit. Im confident RWG will perform well but the wild cards are always USA operations
@hng33, you can use this basic framework I have prepared 2 months ago for GenB's net profit forecasting. But better to ask GTfun to forecast GenB's Q2 earnings. @MC says GTfun is the most accurate forecaster here. Better listen to him else will kena another round of attack and false accusations.
Posted by Michaelchan2024 > 3 days ago | Report Abuse
Posted by AngTayKor > 4 days ago | Report Abuse Posted by GTfun > 2 months ago | Report Abuse I estimated genting 24q1 around 420-480m
...... ..... This june will be around 5-5.80
----------- Posted by GTfun > 2 months ago | Report Abuse Let bet how many net profit will be reported after 5pm today, i bet 478m *************
@MC, I think got someone here predicted GenB Q1 earnings probably around rm600m. Actual Q1 result rm588m. ----------------------------------------
自鸣清高,自以为是... 喏人厌。
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@hng33, I told you the Musang King hate others sharing good contributions. I duno why @MC hates ATK so much for merely being extremely lucky on net profit forecasting and my stock trading skills. Maybe he feels insecure?
Interesting that people are so intrigued, constantly copying and reposting my posts. But really, there's nothing special...I m not an expert, just a long term investor here. 😀
Genting Singapore investing ideas, Market estimates Let the expert talk: You can find all the relevant investing information for Genting Singapore here: on 3 July, Market estimates indicate that Genting Singapore, the operator of Resorts World Sentosa (RWS), is expected to record a sharp drop in 2Q24 EBITDA due to seasonal factors, as noted by Morgan Stanley.
我也耒post: Genting Singapore (G13) reported an adjusted EBITDA of $201.3 million for 2QFY2024, falling short of the $245 million target by Morgan Stanley. This might negatively affect investor sentiment.
我也会寫,Post 爽的: 我可不是事后诸葛亮 😀 The stock market could react in two ways: the weak EBITDA might lead to a decline, while the higher dividend could support the price. Expect some volatility.
Sifu said:
The analysis indicates a mixed performance:
On the 1-hour chart, Genting stock has been breaking down through key support levels (865 and 850).
On the daily chart, it appears to be in the fifth and final wave of a downward trend (EW 5), but also showing potential for an upward correction, with key resistance levels at 840, 885, and 955.
In essence, the analysis is suggesting that while the stock has been under pressure, there could be a potential recovery, with specific price targets for the upward move. Of course, it's not a one-day show...
Everyone has their own unique way of expressing themselves and their own viewpoints. If you write with dedication, it will be valuable.. Maintain this positive attitude and keep pushing forward!! Cheers! 好开心❤
Given Genting Singapore 30% increased record net profits, Genting Bhd could easily hit RM 500m net profit this quarter. This could mean Genting Bhd sustain a back to back half a billion quarterly net profits. This is a very good indicator that Genting earnings has finally meet the pre-pandemic level and more.
It would be amazing to see Genting hit another RM 7 billion revenue. It will the 4th straight quarter hitting the RM 7 billion mark. It means Genting is getting so much bigger than during pre-pandemic.
Given the vast amount of information available today, do you really depend on forum posts for trading decisions??? I think it's unwise to base such decisions solely on what’s posted here.. It appears that some people selectively criticize and I choose not to be affected by or pay attention to negative comments. 😀
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
mushimushi
890 posts
Posted by mushimushi > 2024-08-14 18:38 | Report Abuse
I would love to hear more about the progress of Genting Power and Energy joint venture with China.