Posted by neohts > 2024-08-20 18:27 | Report Abuse

I hope Genting management could resolved the issues before Q2 2024 results.

Posted by Michaelchan2024 > 2024-08-20 19:20 | Report Abuse

@Balian, the expert in all things, 👍👍

Seems like they are trying to give everyone a lifetime ban.. before they even roll the dice! Next, they'll be penalizing people for just walking by the casino!!!

Posted by Michaelchan2024 > 2024-08-20 19:47 | Report Abuse

When everyone is worried, a true leader provides hope and encouragement. On the other hand, a leader who imposes bans and spreads fear before all the facts are known only fuels uncertainty and mistrust.

Thanks Balian, the expert in all things!!

Posted by Michaelchan2024 > 2024-08-20 21:32 | Report Abuse

https://www.nbcnews.com/news/us-news/bookie-pleads-guilty-running-illegal-gambling-business-used-ex-ohtani-rcna166050
Bookie pleads guilty to running illegal gambling business used by ex-Ohtani interpreter

Mathew Bowyer appeared in federal court and entered his guilty plea on Friday, 09 August 2024.
Before that date, he had not yet admitted responsibility for the crimes. His formal acknowledgment of guilt occurred with his plea on 09 August.

Posted by Michaelchan2024 > 2024-08-20 21:43 | Report Abuse

Before Mathew Bowyer pleaded guilty on 09 August 2024, he was legally considered innocent. He wasn't recognized as a criminal until he admitted guilt in court.

Posted by newbie2019 > 2024-08-20 22:15 | Report Abuse

so lousy o

Posted by Michaelchan2024 > 2024-08-21 08:31 | Report Abuse

Blocking someone from a casino during legal negotiations can be problematic because:

1) They're still legally innocent.
2) Restrictions should only apply after a conviction.
3) It could be considered discriminatory.
4) The casino might face legal and reputational risks.

Posted by Michaelchan2024 > 2024-08-21 08:43 | Report Abuse

Casinos usually can't identify if someone is involved in wrongdoing on their own. They rely on law enforcement or legal orders to find out and then take action to block those individuals.

Posted by choysun > 2024-08-21 08:47 | Report Abuse

Chill la Michael. Let the market decide. Investing long term you are not looking for an exit any time soon right? :p
I'm queueing @ 4.20 to up my stake today :)

Posted by Michaelchan2024 > 2024-08-21 08:55 | Report Abuse

@choysun, Haha,.. that 4.20 is like a hidden gem! 😀 Remember, we’re in this for the marathon, not the sprint.
Let’s hope today entry makes us smile for years to come! !!

Posted by AngTayKor > 2024-08-21 09:13 | Report Abuse

Yes @Choysun for traders / trader cum investors who exited at 4.50 zone, if can manage to buy back at 4.20 zone that would be another 30 sen free "dividend". See the beauty here? They are still doing long term investing, like the savvy @DividendGuy67.

Those investors who got lured by scam posts to buy near 4.50 resistance zone may not have much confidence to buy again if price drops to 4.20.

Posted by Pinky > 2024-08-21 09:46 | Report Abuse

@admin please ban this Gasrrison8

Posted by Michaelchan2024 > 2024-08-21 09:51 | Report Abuse

Haha, it's always a delight to see trader Balian grace the forum again. 😁 Ready to rally the troops and share some wisdom, I am sure! Cheers 🍻

Posted by Michaelchan2024 > 2024-08-21 10:25 | Report Abuse

很多事后諸葛亮嘛，吹起来谁不会？


Haha, everyone can be a hindsight expert. He sold at 4.50...let’s see if he can actually buy back at ....4.40?? 😂🤣 and show his strategy in action. Making a 30-cent profit sounds good in theory, but we willl see if he can really achieve it!!!

Posted by Save > 2024-08-21 10:31 | Report Abuse

Genting QR to be released after market tomorrow 22 August. This time expecting Genting Plantation contribute bigger portion, GENM contribute higher than last Q to compensate disappointed Genting Singapore. Can 480M be achieved? Dividend 7sen?

Posted by Michaelchan2024 > 2024-08-21 10:32 | Report Abuse

It sounds like Balian is quite strategic with his moves. Using market actions and timing news releases to influence investor behavior can definitely be a masterful tactic. It’s impressive how he manipulates the market to his advantage.

Posted by luckylee > 2024-08-21 10:37 | Report Abuse

sell on news

Posted by Save > 2024-08-21 10:42 | Report Abuse

Hopefully after selling ytlpower, fund have reserve to change from growth stock to value stock....

Posted by AngTayKor > 2024-08-21 10:53 | Report Abuse

Yes, good short term quick trading strategy @Balian. Buy on weakness, sell on strength.

Posted by Michaelchan2024 > 2024-08-21 10:54 | Report Abuse

Definitely! Buy when prices drop and sell when they rise. Don’t mix it up or you’ll end up in a mess!!! 😁

Posted by AngTayKor > 2024-08-21 10:58 | Report Abuse

Then why i see so many scam posts luring newbies to buy after price rallied from 4.20 to 4.50?

Posted by Michaelchan2024 > 2024-08-21 10:58 | Report Abuse

Forget the old version; this is the improved one.

旧战国:
4.20 - 4.00 - 5.00
4.65 - 4.45 - 4.95
4.95 - 4.55 - 4.87

新战国:

4.87 - 4.65 - 4.18 - 4.50 - (5.50)?

分析:
1) 4.87 - 4.65:
这是一个初步的回调。

2) 4.65 - 4.18:
05 Aug的显著下跌显示市场情绪转为负面。4.18是一个新的低点，一个强支撑区。
(在4.20附近进行加仓).

3) 4.18 - 4.50:
从4.18到4.50的反弹，显示了市场的复苏力度。

4) (TP: 5.50)?:
如果价格能够突破4.50并向5.50进发，表明市场情绪可能已经从恐惧转向乐观，是一个预期的高点。👍

投资中的智慧与心态:
把握当前的成功，持续寻找新机会；
当价格上涨时，静心观察..，悠然享受这一刻的成果。


Better check again..... I didn't suggest buying at 4.50

Posted by AngTayKor > 2024-08-21 11:01 | Report Abuse

Aiya you n mushimushi were both giving delusional GenS Q2 profit $500m cheering n egging the naive to buy.

Posted by AngTayKor > 2024-08-21 11:05 | Report Abuse

4.87 - 4.65 - 4.18 - 4.50 - (5.50)?

Suggesting the next move to 5.50. But price dropped to 4.27 instead. Your followers all lost money went HOLLAND liow

Posted by MG9231 > 2024-08-21 11:08 | Report Abuse

Genting Malaysia
Higher tourist arrivals likely lifted 2Q24F
■ We expect GENM’s Malaysian operations to post qoq and yoy improvements
in 2Q24F following strong tourism data, especially in Chinese tourist arrivals.
■ Improved economic activity and tourism recovery should continue to drive
GENM earnings growth throughout FY24F, in our view.
■ GENM is our top pick for exposure to a rebound in tourism. We believe its
valuation is undemanding at 13.0x CY24F P/E with a c.6-7% dividend yield.

2Q24F likely strong from tourist arrivals boost at RWG
Genting Malaysia (GENM) will be reporting its 2Q24F results on 29 Aug 2024F. We expect
GENM’s Malaysian operations to post qoq and yoy improvements in 2Q24F revenue and
EBITDA, following tourism data indicating that total tourist arrivals in Malaysia in 2Q24 rose
26% yoy and 3% qoq to 6.0m (Fig 1). This was mainly led by healthy recovery in Chinese
tourist arrivals in Malaysia, with 2Q24 arrivals of 690k much stronger than the 320k arrivals
in 4Q23 (Fig 2). Tourist arrivals from Singapore, Indonesia and India also increased, up
10%, 25% and 87% yoy, respectively, in 2Q24, according to Tourism Malaysia. We believe
increased tourist arrivals helped drive business volumes at its gaming and non-gaming
operations in Resorts World Genting (RWG), likely contributing to GENM’s revenue growth
in 2Q24F. Disclosures from the New York State Gaming Commission also indicate that
total gross gaming revenue (GGR) from its US operations rose 3.1% yoy and 2.0% qoq in
the quarter (Fig 4). We believe this should have led to better performance from its US
operations in 2Q24, which historically contributed c.18-20% of GENM’s revenue.
Consumption and tourism growth to support GENM revenue growth
We believe improved policy direction by the Malaysia government will be positive for
economic growth in 2024F, with CGSI Research’s economics team forecasting 2024F real
GDP growth of 4.6% yoy and private consumption growth of 6.5%. Further, in 2024F, the
Ministry of Tourism, Arts, and Culture anticipates tourist arrivals in Malaysia to reach 27.3m
(2023: 20.1m), with an expected income of RM102.7bn (2023: RM71.3bn). Aside from the
positive catalysts above, we see cash handouts to lower income households in 2H24F,
higher civil servant salaries from 2025F and Employees’ Provident Fund Account 3
withdrawals as incrementally positive for GENM’s revenue growth over the next 12 months.
Reiterate Add with an unchanged SOP-based TP of RM4.00
We retain our Add call on GENM, as we expect a robust 3-year EPS CAGR of 42% in
FY22-25F, and SOP-based TP of RM4.00 (Fig 6). At the current share price, GENM is
trading at 13.0x CY24F P/E, 1.4 s.d. below its historical pre-Covid-19 mean P/E of 18x.
While there are concerns over the Nevada gaming regulator filing complaints against
Resorts World Las Vegas, run by GENM's parent company Genting Berhad, which could
affect GENM's bid for a downstate casino licence in New York, we have not factored in any
potential upside from its New York casino bid and only include GENM's land at book value
in our TP. Key re-rating catalysts are stronger-than-expected Malaysian operations and
better-than-expected operating margins. Downside risks are higher-than-expected
operating costs and slower Malaysia gaming revenue recovery.

Posted by MoneyMakers > 2024-08-21 11:08 | Report Abuse

Aiyaa AngTKlown no need soo much hindsight commentary kikiki

Ystrdy big red silent donkey - today green like monkey ‘buy weakness sell strength’ kikiki

Useless empty tin milo

Posted by AngTayKor > 2024-08-21 11:09 | Report Abuse

Posted by MoneyMakers > 1 minute ago | Report Abuse

Aiyaa AngTKlown no need soo much hindsight commentary kikiki

Ystrdy big red silent donkey - today green like monkey ‘buy weakness sell strength’ kikiki

----------

Because I would not recommend to buy before Q2 result for this case. The risk is too high. Do you agree @MM? Or you bought already after using some fear mongering tactics recently?

Posted by Save > 2024-08-21 11:15 | Report Abuse

Genting Malaysia (GENM) will be reporting its 2Q24F results on 29 Aug 2024F?

Posted by AngTayKor > 2024-08-21 11:19 | Report Abuse

https://www.instagram.com/reel/C-ZNi2tCC4l/?igsh=MWl2bW92ZWd4NDJxYw==

Newbies trading experience. Damn funny 🤣🤣

Posted by MoneyMakers > 2024-08-21 11:33 | Report Abuse

AngTKlown If never recommend buy - then shut up lo

Give useless hindsight commentary 4 what aiyoyo

Posted by AngTayKor > 2024-08-21 11:33 | Report Abuse

A few here recommended to buy near 4.50 last week, ATK recommended to sell then.

Posted by AngTayKor > 2024-08-21 11:38 | Report Abuse

Posted by AngTayKor > 5 days ago | Report Abuse

ATK a ghost or not you decide lor. Hope some traders / trader cum investors here have read and exited promptly near the 5.20 top.

Then buy again at around 4.50 zone, exit at around 4.8+ zone.
Then buy again at around 4.50 zone, exit at around 4.8+ zone.
Then buy again at around 4.20 zone, exit at around 4.50 zone.

Its not difficult to trade this stock.
----------

I have never shorted a single GenB stock. Better watch the stock's price action, the market is already whispering something now....
*****************


Good traders would have exited at around 4.50 zone last week.

Cumulatively for 2024, it would be abt exiting the stock at over rm6.00 (initial exit near the 5.20 top + rm1.00 in trading profits). Thereafter, these traders will be in good mental state and have the courage to buy the dip at lower price levels when they deem fit.

Its definitely a very bad idea to listen to scam posts and buy near resistance zones. Will these people who kena scammed bought near resistance zone (lost money), still be in good mental state and have the super strong courage to buy when price becomes cheaper?

There is no need to predict the next price movement will be 5.50. Good traders already exited at equivalent of over 6.00.

Posted by MoneyMakers > 2024-08-21 11:46 | Report Abuse

Aiyoyo AngTKlown forget last week/month/yr

Today is glory for brave souls that bought the dip..ur not part of their glory

Ystrdy red u silent donkey - today green no need hindsight commentary ‘buy weakness’ blablabla

Posted by keyman > 2024-08-21 12:20 | Report Abuse

Aiyo hold cash lah why so bother... LKT is in black... His pay back time after grabbed billions since his dad... 🤭

Posted by Michaelchan2024 > 2024-08-21 12:30 | Report Abuse

Thinking of opening a new trading account just to keep up with all the short term excitement! 😁 Meanwhile, let's stay relaxed and enjoy the long term journey.

Posted by KooSan > 2024-08-21 12:30 | Report Abuse

Genting got buy back share? Niamah LKT every year ask approval but never buy...

Posted by Michaelchan2024 > 2024-08-21 12:32 | Report Abuse

It’s clear that this forum is mostly focused on short term traders and bargain hunters, which explains why there's often pushback from those who prefer quick trades when we long term investors are feeling optimistic. For us, it's all about enjoying the journey and staying patient.

Posted by keyman > 2024-08-21 12:54 | Report Abuse

See.. @Koosan answered it for me... LKT holds 25 billions of cash but didnt waste it for SBB. He should know well about Genting than us... So where is the problem 🤭

Posted by newbie2019 > 2024-08-21 13:08 | Report Abuse

Sold last small purchase at 4.4…. free 20 sen dulu

Posted by AngTayKor > 2024-08-21 13:11 | Report Abuse

Trader spot on recommended exit 5.20 zone, 4.80+ zone, 4.50 zone promptly despite all the bullish cheering then. Already giving the best presents for you to buy back cheaper thereafter. I cant be forever spoon feeding MM when to buy.

Posted by Michaelchan2024 > 2024-08-21 13:14 | Report Abuse

The sell off in big stocks indicates a shift in investment focus. This rotation might mean funds will soon flow into Genting. The key question is: when will this happen?

Posted by newbie2019 > 2024-08-21 14:00 | Report Abuse

pray hard? or play hard?

Posted by Michaelchan2024 > 2024-08-21 14:26 | Report Abuse

Why not both? Pray for a lucky break and play hard with your strategy. It's a win-win!

Posted by Michaelchan2024 > 2024-08-21 14:46 | Report Abuse

With his extreme mood swings, it's like ATK was always getting BBQed.

Posted by Michaelchan2024 > 2024-08-21 14:53 | Report Abuse

You could almost smell the charred aroma. 😂

Posted by AngTayKor > 2024-08-21 14:53 | Report Abuse

Posted by Balian de Ibelin > 8 minutes ago | Report Abuse
if ATK says is correct 😁should go to 4.50 for you to dump sell ?
---------

It went around there last week when i posted the prompt warnings. But my posts were overshadowed by perma bulls cheering n luring the naive to HOLLAND + nonstop attacks on ATK by the jealous ones.

Posted by Michaelchan2024 > 2024-08-21 14:57 | Report Abuse

I have studied ATK's behavior and reactions for years. According to psychological principles, when he consistently believes others online are jealous of him, even without personal connections, it could be due to:

1) He might feel insecure and believe that envy from others can boost his self-esteem.
2) He may project his own feelings of jealousy onto others, assuming everyone else feels the same way.
3) He might want to feel important and believe that others are jealous to validate his sense of significance.
4) He could be misinterpreting online interactions, focusing on negative comments and ignoring positive ones..
5) Previous experiences of jealousy might lead him to expect similar reactions online..
6) He might overestimate his importance and assume that any negative reaction must be due to jealousy.

Posted by AngTayKor > 2024-08-21 15:17 | Report Abuse

Posted by Michaelchan2024 > 10 minutes ago | Report Abuse
With his extreme mood swings, it's like ATK was always getting BBQed.
----------
Posted by Michaelchan2024 > 3 minutes ago | Report Abuse
You could almost smell the charred aroma. 😂
----------



ATK not trading now, how to get BBQed? You have to stop these false accusations and slandering that ATK is shorting this stock. A shortist will never tell people here prompt warnings to exit at 5.20, 4.80+, 4.50 peak price zones.

Those who bought high, lost money and kena stuck always have strong motivation to continue their delusional cheerings to lure the naive to buy hoping price can stop going down OR make readers here confused so they wont sell the shares. But such tactics eventually wont work, will only skyrocket his followers to HOLLAND.

For MM its very predictable. Before he buys, he will do nonstop fear mongering. After he bought, immediately roti prata flip into nonstop cheering.

The most honest contributors will probably be from those who have no position and not trading this stock now. No self-centred motivation due to their trade / investment position. Purest form of honest advice. Immediately give warnings, immediately price collapsed.

Posted by AngTayKor > 2024-08-21 15:21 | Report Abuse

Posted by Michaelchan2024 > 4 days ago | Report Abuse
I have studied ATK's behavior and reactions for years. According to psychological principles, when he consistently believes others online are jealous of him, even without personal connections, it could be due to:
1) He might feel insecure and believe that envy from others can boost his self-esteem.
2) He may project his own feelings of jealousy onto others, assuming everyone else feels the same way.
3) He might want to feel important and believe that others are jealous to validate his sense of significance.
4) He could be misinterpreting online interactions, focusing on negative comments and ignoring positive ones..
5) Previous experiences of jealousy might lead him to expect similar reactions online..
6) He might overestimate his importance and assume that any negative reaction must be due to jealousy.
------------------
Posted by Michaelchan2024 > 19 minutes ago | Report Abuse
I have studied ATK's behavior and reactions for years. According to psychological principles, when he consistently believes others online are jealous of him, even without personal connections, it could be due to:

1) He might feel insecure and believe that envy from others can boost his self-esteem.
2) He may project his own feelings of jealousy onto others, assuming everyone else feels the same way.
3) He might want to feel important and believe that others are jealous to validate his sense of significance.
4) He could be misinterpreting online interactions, focusing on negative comments and ignoring positive ones..
5) Previous experiences of jealousy might lead him to expect similar reactions online..
6) He might overestimate his importance and assume that any negative reaction must be due to jealousy.
-------------



You have to stop these spamming, false accusations and online attacks against ATK, the boy who gave prompt exit warnings at peak prices + pointed out the "Emperor has no clothes".

Posted by Michaelchan2024 > 2024-08-21 15:33 | Report Abuse

Ha ha, seems like we were spot on 1 year ago, we shouted buy!!! Missing out on that 4.00 to 5.20 rally would’ve been the real miss, don’t you think? 😁 Not dumb, just playing the long game!!!