Posted by mushimushi > 2024-08-30 09:40 | Report Abuse

https://www.youtube.com/watch?v=UOYi4NzxlhE

Posted by smurfbee > 2024-08-30 09:42 | Report Abuse

hopefully genting and genm both fall to $3 and $1.8

Posted by Balian de Ibelin > 2024-08-30 10:05 | Report Abuse

you must be @MM punya BFF?

Posted by Balian de Ibelin > 2024-08-30 10:12 | Report Abuse

Bloomberg's Lisa Abramowicz once got upset with one expert who gave weird outlier reports differing from all the rest and grumbled openly.
Jonathan Ferro then said that Bloomberg gets experts to come to give their views, all views are valid coz it just their opinions.
All are welcome to give their viewpoints.

So your hopes are valid hopes 🤣



smurfbee

hopefully genting and genm both fall to $3 and $1.8

23 minutes ago

Posted by Michaelchan2024 > 2024-08-30 11:01 | Report Abuse

The smart ones loaded YTL, YTLp below 2.80 and 3.70 this morning for LT.

Posted by Michaelchan2024 > 2024-08-30 11:02 | Report Abuse

Go go..GenB

Posted by Balian de Ibelin > 2024-08-30 11:21 | Report Abuse

Frankly I doubt Genting will go lower.
If Genting goes lower please blame @MC

Posted by ImCK > 2024-08-30 11:33 | Report Abuse

stock market is ask u look foward not look past
worst is over because the latest QR is reflect with USD MYR 4.7 +++ now 4.3 next QR will be 10% discount for USD based depreciate and debt will see huge drop in debt & depreciate

Posted by Balian de Ibelin > 2024-08-30 11:39 | Report Abuse

The Law of BURSA
Buy on rumours of good QR and sell on News
Sell on rumours of bad QR and buy on News

Posted by ImCK > 2024-08-30 11:40 | Report Abuse

based on latest borrowing 29,351.6 USD DEBT DISCOUNT 10% convert back to MYR result will be RM 290M at least we can see 100m drop in financial cost . most of the depreciate is from US side also discount 10% honestly said this kind account standard always benefit to non performing company lol because after included tax and depreciate is negative = loss less 🤣 loss less = earn more

Posted by ImCK > 2024-08-30 11:41 | Report Abuse

so next quater will see additional 100m improve at least due to usd weakness aganist myr 10%

Posted by ImCK > 2024-08-30 11:44 | Report Abuse

genting big problem is management is not efficiency keep deliver grade D result got many good card in hand but keep doing loser

Posted by Michaelchan2024 > 2024-08-30 11:44 | Report Abuse

@lmCK, I appreciate the update. It’s great to hear from you. Given the drop in USD/MYR from 4.7+ to 4.3 and the expected 10% discount next quarter, we should see a substantial decrease in debt and further depreciation. Cheers!

Posted by ImCK > 2024-08-30 11:49 | Report Abuse

yes michael they need use annual pass to let kids lure thier parent go thier casino . parent also need reason and excuse convience self go casino . Genting IR is design for family without annual pass thier IR will look boring we will see surprise from Q4 after annual pass + school holiday double effect if still cant delivery out performance result the management can go recycle

Posted by Balian de Ibelin > 2024-08-30 11:50 | Report Abuse

Yeah
If Genting so good will be 11.00+ compounded @17% => 20.00 ++ today instead of miserable 4.32 🤣
anyway I love 4.32 .... is good since transactions costs for my stocks churning is so low.


Posted by MoneyMakers > 3 minutes ago | Report Abuse

If GB future soo good (look forward) - wouldnt be 4.3 now

GB got own prob..better focus present - dont look too far forward

Posted by ImCK > 2024-08-30 11:56 | Report Abuse

Genting mostly is drag from new opening properties in U.S Depreciation and amortisation also USD financial cost
if you want know genting doing good or bad very easy take 2019 result Q1 compare to 2024 Q2 the ebidta is 2.5billion growth from 2billion 20% growth

Posted by ImCK > 2024-08-30 11:57 | Report Abuse

Depreciation and amortisation compare to 2019 Q1 TO 2024 Q1 the dfferent is 400m

Posted by Michaelchan2024 > 2024-08-30 11:58 | Report Abuse

Thanks lmCK.

Posted by ImCK > 2024-08-30 11:59 | Report Abuse

2019 is genting best result ever before MCO use it refer from revenue got growth ebidta also growthing just i m dislike thier performance so slow they can do it more better

Posted by ImCK > 2024-08-30 12:01 | Report Abuse

HONGLEONG already using AI to reduce the staff cost so thier margin and result is very impressive . AI will help genting reduce a lot cost also most important is location location location GENTING got good location thier newyork casino is near airport thier las vegas is near convention centre malaysia monopoly singapore duopoly

Posted by Johnchew123 > 2024-08-30 12:05 | Report Abuse

Bad QR today ,cabut fast , see u RM 4 by END SEPT

Posted by Balian de Ibelin > 2024-08-30 12:05 | Report Abuse

@MM
Dollar General customers are the poor rural people in US.
For this group of poor rural people Dollar General is the only store available to them for miles around neighbourhood. Also DG prices are way above [like 15%] more than Walmart stores which are like 30km away. This is Dollar General strategy since it started.
a bad QR means the next one will be 100% bad too.🤣

whereas most believe Genting next QR will be better.
Keyword is belief. 😁
Posted by MoneyMakers > 2 minutes ago | Report Abuse

Ystrdy Dollar General shares drop 30% after bad QR (weak consumer)

Economy soo bad..GB Q2 revenue alrdy drop 1st time - disaster if nxt QR more revenue drop

Posted by Michaelchan2024 > 2024-08-30 12:06 | Report Abuse

Genting’s prime locations in New York and Las Vegas ...along with their strong positions in Malaysia and Singapore... set them up for success. With these advantages, Genting is well positioned to thrive. Let’s stay optimistic about the future!!

Posted by Johnchew123 > 2024-08-30 12:08 | Report Abuse

Net profit 5.88 bil on MAY , Q BY Q will drop 50 % , QR August ,expect will drop 50 % , net profit estimate 2.8 to 2.9 bil , drop 50 %

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

but genting is highly rely on singapore result while waiting for GENM chasing up . singapore halloween and harry potter event will give a boost do you know the harry potter in europe very hot sales . People loved it so much in Germany that tickets sold out fast! About the Event. Harry Potter Visions of Magic light show

Posted by KooSan > 2024-08-30 12:32 | Report Abuse

Those who gave up on this company please sell. I happy to take your share.😋

Posted by MoneyMakers > 2024-08-30 12:32 | Report Abuse

Walao afternoon red alrdy - just need break under 4.30 then bye2

Posted by Balian de Ibelin > 2024-08-30 12:38 | Report Abuse

Bloomberg now have a China expert on and he says 3Q24 for China remains weak and weak USD is bad for China economy.
so sorry no whales from China for now


Posted by MoneyMakers > 58 seconds ago | Report Abuse


Walao afternoon red alrdy - just need break under 4.30 then bye2

Posted by MoneyMakers > 2024-08-30 12:55 | Report Abuse

Everywhere weak economy - GenS/GenM alrdy affected

Inflation destroy wealth

Posted by AngTayKor > 2024-08-30 13:26 | Report Abuse

Last night USA reported GDP 3.0%. CPI below 3.0% now. Goldilocks scenario Fed cutting rates + economy soft landing narrative in play now. Speculative stock anything can happen suddenly. Price may suddenly jump 12 sen a day like this Wednesday, followed by another big jump then technical breakout everyone start piling in. Friday afternoon liow time to wind down for the weekend.

For those traders who sold near 4.50 zone, stress free 20 sen "free divvy" now. 😀😀

Posted by ImCK > 2024-08-30 14:26 | Report Abuse

https://www.youtube.com/watch?v=UzFuxPVO57k RWLV is doing good but i expect them can doing more better and good

Posted by prudentinvestor > 2024-08-30 14:50 | Report Abuse

Not much room for further falls. Should be quite a safe bet at this level.

Posted by Michaelchan2024 > 2024-08-30 14:57 | Report Abuse

GenB Q2 2024 financial report used an exchange rate of 4.7286 to convert USD to MYR. 😎

Posted by smurfbee > 2024-08-30 15:08 | Report Abuse

what a junk stock this is. despite so many years post covid19..... the Q result is shameful.... no progress and no growth.

Posted by AngTayKor > 2024-08-30 15:38 | Report Abuse

Posted by smurfbee > 2024-03-11 14:11 | Report Abuse
Expected to close $5.25. tomorrow rally to 5.48.... mid week FDA approval then thu and friday limit up.
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Posted by smurfbee > 2024-03-13 12:56 | Report Abuse
$5.58 coming.... brace for bull run shortly....
******************

Posted by AngTayKor > 2024-03-11 16:18 | Report Abuse
New data presentation on 7/3 at local time 8.50am. Not regulatory approvals yet.
Reminder: Regulatory approvals not so soon yet. Still got hurdles to cross especially the corrupted FDA.
-------------
Posted by AngTayKor > 2024-03-11 18:36 | Report Abuse
Please remember history lesson becareful of 5.20 zone LKT waiting to dump. Price action of afternoon session dont look good.
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Posted by AngTayKor > 2024-03-12 14:09 | Report Abuse
Read clearly. I said whales exited yesterday
******************



@smurfbee ah, see what professional trader posted and what you posted on 11/03/2024, exactly on the day price peaked at 5.20. Why you didn't sell that day?

Posted by kl_guy > 2024-08-30 15:51 | Report Abuse

RSS short is keeping genting price down .

Posted by ImCK > 2024-08-30 15:55 | Report Abuse

https://www.sc.com.my/resources/media/media-release/all-plcs-must-conduct-hybrid-or-physical-general-meetings-from-1-march-2025?fbclid=IwY2xjawE-WXtleHRuA2FlbQIxMAABHb6kJYhMq9h3alfTlbWghzPR8S5hxTO-kQAfFkKDt4tAoNFo2alLXOKV6g_aem_MKBT0ozTZGUNuCSKLhKdrQ AGM must conduct physical next year

Posted by Balian de Ibelin > 2024-08-30 15:59 | Report Abuse

Like many already said, Genting is a speculative share.

Just speculate it. Buy low Sell high🤣

Posted by ImCK > 2024-08-30 16:05 | Report Abuse

yes hng33 thats point the worst is over when USD MYR 4.7
most of the cost is in USD so MYR weakness after convert back will see big move 10%-20% in reducing those cost

Posted by Michaelchan2024 > 2024-08-30 16:08 | Report Abuse

1 SGD = 3.29 MYR.. 3.00 mari mari!
1 USD = 4.30 MYR...4.00 mari mari!!

Posted by mushimushi > 2024-08-30 16:13 | Report Abuse

That is bad for gloves stocks, a hint that plandemic revival is dead, mpox didn't do the trick. I guess this is good news for Genting.

Posted by mushimushi > 2024-08-30 16:14 | Report Abuse

Let's wait for trump's assassination and a new US civil war as the trigger for the next crisis.

Posted by Balian de Ibelin > 2024-08-30 16:16 | Report Abuse

Markets are now trading close to fundamentals of earnings growth.
Issue is both GenM and Genting are now having earnings reduction instead
of earnings growth.

Hence both GenM and Genting are now considered as "unclassified"

Posted by choysun > 2024-08-30 16:29 | Report Abuse

Looks blocked. Which way will it swing when gate unlocked end of day... :)

Posted by Michaelchan2024 > 2024-08-30 16:31 | Report Abuse

Last weekend, I conducted a site visit and Gemba walk at Resorts World Sentosa. It was crowded... with the majority of visitors being Chinese tourists.

Posted by Balian de Ibelin > 2024-08-30 16:35 | Report Abuse

Thats not how Hedge Funds work

Hedge Funds will list out all counters with earnings growth
and will take position in Top 3 if very picky or at most Top 10, if a slut.

Both GenM and Genting with earnings reduction will not even appear in the list handled at Executive level.
Top people will not even see both names at all, much less buy it.

The only thing remaining for us to do here is to pull @MC legs until one of them is longer.
Blah blah blah with BS 24/7/365 and eat small dividend crumbs from volatility.

Posted by kl_guy > 2024-08-30 16:43 | Report Abuse

wow volume increase with RSS also increase. Look like someone is collecting or they don't want genting price to move up.

Posted by Balian de Ibelin > 2024-08-30 16:46 | Report Abuse

looks like dumping since HMTM does not work and both GenM and Gen have earnings reductions

Just take small dividends from volatility lah

Posted by AngTayKor > 2024-08-30 17:11 | Report Abuse

Posted by MoneyMakers > 4 hours ago | Report Abuse
Walao afternoon red alrdy - just need break under 4.30 then bye2
-------------

It broke below 4.30 just now, but immediately came back strong and closed higher at 4.32 😀😀

Posted by ImCK > 2024-08-30 17:15 | Report Abuse

market is realising the worst is over the worst after mco from negative to minimum 200m net profit per quater is bottom now only increase more or maintain .