GENTING BHD

KLSE (MYR): GENTING (3182)

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Last Price

4.16

Today's Change

-0.10 (2.35%)

Day's Change

4.13 - 4.24

Trading Volume

9,342,400


46 people like this.

85,510 comment(s). Last comment by MoneyMakers 5 hours ago

AngTayKor

2,374 posts

Posted by AngTayKor > 1 month ago | Report Abuse

Posted by Michaelchan2024 > 1 day ago | Report Abuse
In anticipation of weak performance from Genting, the stock price has already dropped before the earnings report. After the report next week, the market might react in these ways:

1) Negative news is already priced in, and the stock might rise.
2) With risks accounted for, investors might buy at lower prices, driving the stock up..
3) The stock may have reached a low point, with little room for further decline.
4) If sentiment remains negative, the stock might fall more.. Shortists, be ready.
5) Even with poor performance, the stock might rise, showing unexpected market strength.
6.
LT Investor.
---------------


@Balian, he has got all corners covered so whether price goes up or down etc, @MC still a stock guru

KooSan

492 posts

Posted by KooSan > 1 month ago | Report Abuse

@AngTayKor Good to see you all are now on friendly terms....🤣

RInvest

46 posts

Posted by RInvest > 1 month ago | Report Abuse

Errr … wow - TauRX drugs don’t work? That’s new … 😂 😂 😂

AngTayKor

2,374 posts

Posted by AngTayKor > 1 month ago | Report Abuse

Posted by KooSan > 3 days ago | Report Abuse
@AngTayKor How much is Taurx share a piece now?
I heard it's USD 400 a piece now?
---------------


One last and final info just for you @Koosan. Please dont be scammed. Definitely not USD400 now. Maybe after UK + UAE approvals can.

It pains me to see people here potentially being scammed and lose money.

AngTayKor

2,374 posts

Posted by AngTayKor > 1 month ago | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3427222

See Item 8 at page 26 of 28.

8.
Group Borrowings and Debt Securities
The details of the Group’s borrowings and debt securities as at 31 December 2023 are as set out below:
As at 31/12/2023
As at
31/12/2022
Secured/
Unsecured
Foreign
Currency
’million
RM
Equivalent
’million
RM
Equivalent
’million
Short term borrowings
Secured
RM
24.4
24.7
Secured
USD
379.2
1,740.4
969.1
Secured
INR
294.1
16.3
15.0
Unsecured
RM
205.5
244.2
Unsecured
USD
137.6
632.8
923.5
Unsecured
GBP
25.2
147.3
132.9
2,766.7
2,309.4
Long term borrowings
Secured
RM
20.5
44.9
Secured
USD
1,312.9
6,026.3
9,707.7
Secured
INR
1,739.2
96.0
104.2
Unsecured
RM
8,339.1
7,842.4
Unsecured
USD
4,731.8
21,718.8
19,044.1
36,200.7
36,743.3
Total borrowings
Secured
RM
44.9
69.6
Secured
USD
1,692.1
7,766.7
10,676.8
Secured
INR
2,033.3
112.3
119.2
Unsecured
RM
8,544.6
8,086.6
Unsecured
USD
4,869.4
22,351.6
19,967.6
Unsecured
GBP
25.2
147.3
132.9
38,967.4
39,052.7
Approximately 44% of the Group’s total borrowings has a maturity profile of more than 5 years.

AngTayKor

2,374 posts

Posted by AngTayKor > 1 month ago | Report Abuse

Posted by Balian de Ibelin > 19 seconds ago | Report Abuse
any investment that bets a government agency is corrupt is unsound.
------------

Others may think the government agency is being "corrupt" to approve or reject. Why bother about others' opinions which are often wrong most of the time? Investors make their own decisions and put down their own real money. No end result is 100% for sure. Its a probability, risk vs reward decision.

Klguy

29 posts

Posted by Klguy > 1 month ago | Report Abuse

When is QR coming out?

curiousq

1,019 posts

Posted by curiousq > 1 month ago | Report Abuse

Total borrowing 39,800.6m
Borrowing in USD 30118.3m (75.67%)
1st. Q Finance cost (527,976)

Besides lower interest rate, USD depreciates against MYR would incur forex gain

neohts

2,344 posts

Posted by neohts > 1 month ago | Report Abuse

Buyers and sellers.
Which is real and which is fake ?

AngTayKor

2,374 posts

Posted by AngTayKor > 1 month ago | Report Abuse

Posted by curiousq > 40 minutes ago | Report Abuse
Total borrowing 39,800.6m
Borrowing in USD 30118.3m (75.67%)
1st. Q Finance cost (527,976)
Besides lower interest rate, USD depreciates against MYR would incur forex gain
-----------------


It is stated that "Approximately 44% of the Group’s total borrowings has a maturity profile of more than 5 years". I believe most of their USD long term loans were locked in progressively some years ago during fed's ZIRP Zero Interest Rate Policy era. No doubt the fed is going to pivot this Sep from 5.5% with an expectation of 75 basis for 2024 and 100 basis for 2025, fed rates will not go back to ZIRP era. Hence those expired loans (ZIRP era) may even be renewed at higher rate (Fed rate at 3.75% at end of 2025) than the old ZIRP era rate. Most of these debt instruments are usually rolled over and rates locked in for another long term duration via benchmarking to the prevailing interest rate then (risk free 10 year treasury yield + ??? basis as extra margin to compensate for additional company risk according to S&P ratings). Unless if we sold off Miami land for USD1B cash / USA IPO raising USD1B cash etc, then those loans abt to be expired will not be rolled over and paid in full upon expiry / earlier repayment.

There was a deleted scam post suggesting this company may see abt RM2.5B of forex gains in P&L next quarter or so due to USD depreciation. Principles Of Accounting and accounting treatment method do not work like this la.

Something caught me eye here: Total borrowing Rm39,052.7m. Thats Rm39B of debt load.

Posted by Michaelchan2024 > 1 month ago | Report Abuse


Funny how some folks are so 'sympathetic'...maybe they’re just practicing their scammer skills in disguise!

AngTayKor

2,374 posts

Posted by AngTayKor > 1 month ago | Report Abuse

Can wait n see lor whether got abt rm2.5b forex gain inside P&L in Q3 result

AngTayKor

2,374 posts

Posted by AngTayKor > 1 month ago | Report Abuse

Got someone doing early spring cleaning here, this morning I saw abt 1125 posts now miraculously drop by over 20 posts.

Posted by DonCandleone > 1 month ago | Report Abuse

😂

eagleye

171 posts

Posted by eagleye > 1 month ago | Report Abuse

@AngTayKor,
RM39+ BILLION DEBT is
Big, Enormous, Giant, Huge, Large.

With more expansion in the works, as well as more bids for new licenses to build new casinos - IR -, they need to be well prepared to meet any unexpected events or else disaster strikes and stock prices come tumbling down.

Of course, if you can hold 15 or more years as a long-term investor, then you may be able to ride out the storm.

However, GB has retreated from over RM10 to just RM4.35 in over 10 yrs.

Some stuck at Penthouse for over a decade !
Hope he doesn't resort to RPT again.

AngTayKor

2,374 posts

Posted by AngTayKor > 1 month ago | Report Abuse

On 20 July 2023, the Company announced that its indirect wholly owned subsidiaries, RWLVLLC and RWLV Capital Inc., have on 19 July 2023, priced their offering of USD400 million aggregate principal amount of 8.45% Senior Notes due 2030 (“Notes”).

Changes in Debt and Equity Securities
On 29 June 2023, Resorts World Las Vegas LLC (“RWLVLLC”), an indirect wholly owned subsidiary of the Company, announced that it closed USD800 million of senior secured credit facilities (“Amended Facilities”) which were established by way of an amendment and extension of its existing USD1,345 million senior secured credit facilities (“Existing Facilities”). The Amended Facilities, together with the equity and junior capital described below, were used to refinance a portion of the Existing Facilities, pay transaction fees and expenses associated with this refinancing, and, in certain circumstances in the future, fund RWLVLLC’s general corporate requirements.
The Amended Facilities, comprising a USD700 million term loan and a USD100 million revolving credit facility, have a scheduled maturity date of 16 October 2027, and include certain terms which provide additional operational and financing flexibility to RWLVLLC relative to those contained in the Existing Facilities. In connection with closing of the Amended Facilities, Genting Berhad and its unlisted subsidiaries (a) made new equity contributions to RWLVLLC (“Equity Contribution”); and (b) provided subordinated shareholder loan in the principal amount of USD300 million.
Upon closing of the Amended Facilities, RWLVLLC’s weighted average debt maturity was extended because the Amended Facilities effectively extend the maturities of the Existing Facilities from 16 April 2024 to 16 October 2027, and RWLVLLC’s Total Net Leverage Ratio was reduced due to the satisfaction of the Equity Contribution.
--------------


I see an 8.45% for senior notes debt issuance during rollover during July 2023 (fed rate was 5.25% then).

neohts

2,344 posts

Posted by neohts > 1 month ago | Report Abuse

Selling at such a big volume at 4.33 during close? It's force selling?
Did you make and profit by selling down? WTF.

AngTayKor

2,374 posts

Posted by AngTayKor > 1 month ago | Report Abuse

Posted by eagleye > 1 hour ago | Report Abuse
RM39+ BILLION DEBT is
Big, Enormous, Giant, Huge, Large.
---------


Investors usually talk abt GenB very cash rich etc. That is correct during LGT era. Maybe they didn't see the rm39B debt level? How did it grow so big under LKT era?

Now i understand why stock price has been behaving like flirtatious promiscuous girl (speculative). If she can reduce her debt load by more than half, i will be much more willing to give her my commitment n love (long term investment).

newbie2019

1,825 posts

Posted by newbie2019 > 1 month ago | Report Abuse

run while still got value?

AngTayKor

2,374 posts

Posted by AngTayKor > 1 month ago | Report Abuse

Posted by Michael_chan2022 > 2024-03-12 12:11 | Report Abuse

https://youtu.be/dIazk_tO1D0?si=Bc7cep0R3VvMENSg
Real sifu is here,
GenB strong support at RM4.98
-----------------
Posted by Michaelchan2024 > 1 month ago | Report Abuse

https://youtu.be/a_Q0Ez52xrY?si=y31H8CZQJRWp_5-w
Sifu has already hinted.. buy at 4.50
-----------------
Posted by Michaelchan2024 > 38 minutes ago | Report Abuse

https://youtu.be/ux-TFyMUwok?si=4iMbl36dPu5KUn-Q
Genting 云頂: 在业绩公布前,运用技术分析提前准备
*****************



@MC's stock trading sifu again ah? He got it wrong so many times liow from 5.00+, all the way down to 4.50 still wrong again.

At 5.20 zone ATK already gave exit warning, 4.80+ zone ATK gave exit warning again, and the recent 4.50 zone ATK gave prompt exit warning again.

I hope your stock trading Sifu is correct this time....

AngTayKor

2,374 posts

Posted by AngTayKor > 1 month ago | Report Abuse

Posted by Michaelchan2024 > 1 second ago | Report Abuse
Seems like short-term traders will have some entertainment!! But don't worry too much, there’s always a chance MC might get it right
.. this time. If not, it could turn out to be a golden opportunity for ‘short-term’ investors!!
------------------


"Now i understand why stock price has been behaving like flirtatious promiscuous girl (speculative). If she can reduce her debt load by more than half, i will be much more willing to give her my commitment n love (long term investment)."

Trader also wish to settle down and commit to long term love leh... now scared scared rm39B debt no joke.

eagleye

171 posts

Posted by eagleye > 1 month ago | Report Abuse

@AngTayKor, this Adam Koo guy,
Aiya, long, long ago lah, he tried to push parents to send their kids to attend his whatchamalacallit how to study better and all that stuff in Spore. After making money and run out of parents and students to catch, he went across border to Msia to RPT same-same. After making money and again run out of parents and students to catch, he tried crossing to nearby Asian countries. Finally, can't catch anyone with same mouse trap.
After sometime, he read some books and resurface as wannabe stock market teacher, quoting famous names to show he knows alot.
He reads here and there and then rehash what they think and say in his own way and words.
Like there, where can pakai !
This fella, tak bolih pakai one.

Like that, better look & read for ourselves.


AngTayKor

2,374 posts

Posted by AngTayKor > 1 month ago | Report Abuse

Posted by AngTayKor > 2 months ago | Report Abuse

...... Good news here. My trading disciple just won his cohort's Year 2 finance course "Stock Trading Tournament" against over 100 competitors. I guided him along to whack GenS just before result, long HSI a month ago, sell and sell short on HSI last week. He will be offered internship at a stock brokerage (event organiser) after this semester during school holiday. Im also learning when Im coaching. I backed up my analysis with both FA and TA..........
---------------


Adam Khoo is known here selling snake oil trading and investment courses la. Years ago he used to teach kids self-improvement courses, "thaan boh chiak" liow then made a switch into coaching newbies abt the stock market to make money from course fees.

I told my trading disciple to use amateur Adam Khoo (he posted some HSI videos at that time) as a reverse trading indicator for HSI trading. It worked beautifully 🤣🤣🤣

This weekend I saw someone posted Adam Khoo's video abt the stock market. Strangely its being self-deleted now. Must be posted by a no skill fella doing non-stop posting bullish things again.

neohts

2,344 posts

Posted by neohts > 1 month ago | Report Abuse

Q2 result should be out this week.
Hoping for good dividend.

AngTayKor

2,374 posts

Posted by AngTayKor > 1 month ago | Report Abuse

Posted by Michaelchan2024 > 2 months ago | Report Abuse

Don't sell
------------
Posted by Michaelchan2024 > 2 months ago | Report Abuse

Strong support @4.75/4.76 💪
-----------
Posted by Michaelchan2024 > 2 hours ago | Report Abuse

Those who wanted to sell, let them sell... as for me, 既然已选定,就悠然等待股票开花结果吧! Cheers!
--------------

Why the sudden U-turn??? All went HOLLAND liow la. Aiyo 4.80+ preaching dont sell. Now 4.30 zone then @MC says want to sell just sell. How??? 开花结果 catalysts which ones? Taurx, @MC said its an illusion. USA IPO, wait long long tankuku. Fed cut rates, Balian said its recession indicator. Now only good Q2 result can save the day.

mushimushi

398 posts

Posted by mushimushi > 1 month ago | Report Abuse

Goes Holland? Not low enough leh, I want to buy more at 4.250-4.30. please help lower the price so I can buy more.

mushimushi

398 posts

Posted by mushimushi > 1 month ago | Report Abuse

Actually the lower the better, I don't mind buying at 4 and below.

mushimushi

398 posts

Posted by mushimushi > 1 month ago | Report Abuse

Shorties, don't just talk, please walk the talk.

AngTayKor

2,374 posts

Posted by AngTayKor > 1 month ago | Report Abuse

No shorties here la you barking at the wrong tree? Relax, trader not trading now just watching and making observations. My prompt trading warnings earlier this year to exit at 5.20 top, 4.80+ zone and 4.50 zones have made some perma bulls unhappy here. Hence. trader wont be making trading calls from now on.

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.

The most honest contributions will probably be from those who have no position and no intention to trading this stock now. No self-centred motivation due to their trade / investment position. Purest form of honest advice. Immediately give prompt warnings, immediately price collapsed.

Better to just let the naive / newbies meet their fate. The normal life cycle for the naive or newbie to be scammed, eaten by sharks and whales. No point for trader to post prompt warnings exit zones, entry zones etc to disrupt the natural order of food chain. If the naive / newbies got scammed, eaten, swallowed etc by the sharks then so be it.

mushimushi

398 posts

Posted by mushimushi > 1 month ago | Report Abuse

So you admit the price cannot go lower anymore? You also scare to sell?

AngTayKor

2,374 posts

Posted by AngTayKor > 1 month ago | Report Abuse

Posted by mushimushi > 1 second ago | Report Abuse
So you admit the price cannot go lower anymore? You also scare to sell?
--------------

Read carefully my earlier post la. If Im trading this stock, I would have sold off earlier near 5.20, 4.80+ and 4.50 zones.

I dont have the crystal ball and cannot predict where prices will go next.

MoneyMakers

7,595 posts

Posted by MoneyMakers > 1 month ago | Report Abuse

AngTKlown bark ‘sell’ rm4 last time - no need talk lo when 4.33 kikiki

MoneyMakers

7,595 posts

Posted by MoneyMakers > 1 month ago | Report Abuse

Stuck even when bursa up 1650 pts

Feel people wait sell expecting bad QR soon

AngTayKor

2,374 posts

Posted by AngTayKor > 1 month ago | Report Abuse

Posted by MoneyMakers > 20 seconds ago | Report Abuse
AngTKlown bark ‘sell’ rm4 last time - no need talk lo when 4.33 kikiki
--------------


Aiya @MM are you ATK's friend???

Trader bought during the low near 4.00 zone (posted trading records here). But MM dropped his tickets at low price. Sore loser MM cannot get over it after more than 1 year still doing his ATK bashing spinning lies and false accusations. MM ah, your bad karma too heavy cannot huat not my problem la.

AngTayKor

2,374 posts

Posted by AngTayKor > 1 month ago | Report Abuse

Of course buy low sell high la. If MM is ATK's friend, this is what will happen:



Posted by 1invest1 > 2022-06-01 16:07 | Report Abuse
Thank you GB, Sold all GB.
--------------
Posted by MoneyMakers > | Report Abuse
1invest1 stuck high dont jeles see others make money..ur time will come
Nxt time dont be kpop fangirl - blindly believe ur ‘idol’ nonsense
---------------

ATK: Dont anyhow assume la. 1invest1 sold his shares right at the top (near 5.30 zone) during early June 2022 together with LKT and ATK.

MoneyMakers

7,595 posts

Posted by MoneyMakers > 1 month ago | Report Abuse

AngTKlown Nobody here want be ur friend leh..u dont see many dont like u meh

Go buy robot friends with ur rm150Mil TauRx kikiki

keyman

472 posts

Posted by keyman > 1 month ago | Report Abuse

@ Sifu michael dont be naive..
Maybank analyst forecasted of TP 9.00 few months before. Then whats the price now...
Fortune tellers.... 🤭🤭

mushimushi

398 posts

Posted by mushimushi > 1 month ago | Report Abuse

ATK talk kok all day long here, no working no money no trade, boleh percaya kah orang macam ni? Ei you talk kok somewhere else lah. Buat kacau aje

AngTayKor

2,374 posts

Posted by AngTayKor > 1 month ago | Report Abuse

Posted by MoneyMakers > 44 seconds ago | Report Abuse
AngTKlown Nobody here want be ur friend leh..u dont see many dont like u meh
Go buy robot friends with ur rm150Mil TauRx kikiki
----------------


Yes @MM not my friend. So better not to listen to my advice to @MM.

I wont sell-out all my Taurx shares even at USD400/share (post UK + UAE giving their approvals). There is more potential for price to go higher. I will wait for the other Royal Flush cards to unfold: USA + EU + CHINA approvals.

AngTayKor

2,374 posts

Posted by AngTayKor > 1 month ago | Report Abuse

Posted by mushimushi > 51 seconds ago | Report Abuse
ATK talk kok all day long here, no working no money no trade, boleh percaya kah orang macam ni? Ei you talk kok somewhere else lah. Buat kacau aje
----------------


Next year I will sell a fraction of my Taurx shares and take back all vested capital. Now practicing my stock trading skills. You cannot deny that fact that ATK gave prompt exit warnings at 5.20, 4.80+, 4.50 zones which you would have been in a much better position than now to capitalise on price weakness thereafter.

MoneyMakers

7,595 posts

Posted by MoneyMakers > 1 month ago | Report Abuse

This AngTKlown totally useless - give hindsight commentary only

Nothing useful 4 future..nuisance only

AngTayKor

2,374 posts

Posted by AngTayKor > 1 month ago | Report Abuse

Posted by MoneyMakers > 17 seconds ago | Report Abuse
This AngTKlown totally useless - give hindsight commentary only
Nothing useful 4 future..nuisance only
-----------------


Dont make me keep reposting the old prompt exit warning posts la. It is real. Immediately gave warnings, immediately price collapsed.

MoneyMakers

7,595 posts

Posted by MoneyMakers > 1 month ago | Report Abuse

If want know what happen ‘ystrdy’ (hindsight), can ask AngTKlown

Like last week small price rally - suddenly shout ‘buy weakness’ blablabla kikiki

MoneyMakers

7,595 posts

Posted by MoneyMakers > 1 month ago | Report Abuse

Here only 1 Klown like quote crazy MikeCYC..name start with A + own rm150Mil TauRx

Birds of a feather stick together kikiki

1 psychotic liar/another narcissistic egomaniac liar..both mental disorder kikiki

AngTayKor

2,374 posts

Posted by AngTayKor > 1 month ago | Report Abuse

Posted by AngTayKor > 2023-05-22 15:32 | Report Abuse

ATK just had a long lunch discussion with a successful stock investor that invested in USA, HK and local markets. Eye opener on how he think and invest. He pointed out my mistakes and gave his views. He is correct. He reads plenty of expensive investment periodical subscriptions that fund managers/ hedge funds/etc are reading. Thereafter more self-research, then he form his own investment opinions and backed his views with his own real money. I asked him for links on which low price and good subscription periodicals to read to broaden my knowledge. Wow! I paid for the "Buddha Jump Over The Wall" lunch but the knowledge I gained today is priceless.

Learning to be successful means learning from the successful people how they think and how they translate thoughts into actions.
******************


I find online trolls easily jealous, like to spin BS just to win arguments and lack the ability to further improve themselves via FA + TA skills. Whenever ATK meet successful investors / stock traders, ATK will take initiative, pluck up courage be "thick-skin" and go chat up with them, be their friend. Im not jealous of these successful investors / traders who are much more skillful, better and richer than me. Im always happy to meet such people and learn from them. You will be surprised how friendly and helpful they usually are. Most of them are willing to share if they like you and find you trustworthy. I ask them questions and learn. What is their view? How did they do it, what strategy they using? Whats in their mind when they are putting in big investments or when they are trading a large position? ATK is also a human. I have my own internal demons (greed and fear) when I trade stocks in large positions or invest large position into Taurx.

MoneyMakers

7,595 posts

Posted by MoneyMakers > 1 month ago | Report Abuse

AngTKlown doesnt have sources - fella only report what happen ystrdy (hindsight)

Like last week shout ‘buy weakness’ after price alrdy jump..this week drop become silent donkey

Later if GB go to 4.5 - fella copy/paste/repeat that rubbish hint kikiki

AngTayKor

2,374 posts

Posted by AngTayKor > 1 month ago | Report Abuse

Buy on weakness, sell into strength... normal skill la.

Able to call the peak during 5.20, 4.80+ n 4.50 zones requires some real skills. Prompt warnings, no horse-back-cannon trader.

MoneyMakers

7,595 posts

Posted by MoneyMakers > 1 month ago | Report Abuse

@Balian U dont know AngTKlown long enough

Later if GB go to rm4.5 - not only fella copy/paste/repeat that rubbish hint

Fella also repackage rubbish hint as ‘pro trader immediately buy immediately profit’ blablabla story kikiki

AngTayKor

2,374 posts

Posted by AngTayKor > 1 month ago | Report Abuse

Posted by MoneyMakers > 22 minutes ago | Report Abuse
AngTKlown doesnt have sources - fella only report what happen ystrdy (hindsight)
--------------


The sources are inside my earlier prompt warning posts. Dont make me keep reposting and repost my exit warning posts here. I use my own TA skills. There are no external sources that can tell you precise exits and entries for maximum profit except a trader's own skills.

AngTayKor

2,374 posts

Posted by AngTayKor > 1 month ago | Report Abuse

Posted by Balian de Ibelin > 2 minutes ago | Report Abuse
enough of that bullshit
4.33 <= make a commitment, is it a buy or a sell?
for your own credibility say something.
Frankly I am incredible and I know nothing 😎
-----------------

Posted by AngTayKor > 1 hour ago | Report Abuse

Read carefully my earlier post la. If Im trading this stock, I would have sold off earlier near 5.20, 4.80+ and 4.50 zones.
I dont have the crystal ball and cannot predict where prices will go next.
-------------


Understand?

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