Posted by AngTayKor > 2 weeks ago | Report Abuse

MM ah, you very black heart la always doing bad karma things here. Sooner or later bad karma will strike you hard wor.


Posted by MoneyMakers > | Report Abuse
No wonder soo cheap
US regulator sue RWLV (money laundering violation) + GenS QR terrible
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Dont bother with TauRx - got hundreds other alzheimer med under Phase 2/3 clinical trials
Current share price values TauRx at 0 - so TauRx failure only minimal affect share price
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Stuck even when bursa up 1650 pts
Feel people wait sell expecting bad QR soon
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2 more days margin call b4 bad QR (expected Thur) - lets see how low can go
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Late selloff continue ystrdy red
Seems people want exit b4 bad QR (GenS bad) out
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Crazy evening selloff - wait&see how bad QR later
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Woww big revenue drop + profit cut half..bad econ people no money travel??
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
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2023 still ‘covid recovery’ so shouldnt compare y-o-y
Q2 suppose seasonally strong (raya holiday etc) but QR soo bad - Q3 later even worse??
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Everywhere weak economy - GenS/GenM alrdy affected Inflation destroy wealth
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Walao afternoon red alrdy - just need break under 4.30 then bye2
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If GB future soo good (look forward) - wouldnt be 4.3 now
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<Before MM buy, he will always do his evil bad karma tactics non-stop fear mongering here>

Posted by DonCandleone > 2 weeks ago | Report Abuse

Posted by MoneyMakers > 4 minutes ago | Report Abuse

@DonC Know event (rate cuts) happening doesnt mean stocks cant go up

In ideal stock market thats 100% efficient & everybody know every event - then stock prices will NVR move (all event alrdy ‘priced in’)

But thats not how markets work - proof that ‘priced in’ is useless stmt

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We can wait and see, but I doubt it will rally much. Don't be overly hopeful. News already come out before, dow and nasdaq have also been rallying the past few days, how much more you expect this rally to continue? Yet another bull run? You seem very optimistic...

Posted by neohts > 2 weeks ago | Report Abuse

https://theedgemalaysia.com/node/726671

Posted by Michaelchan2024 > 2 weeks ago | Report Abuse

Unloaded YTL and YTLp today, getting ready to accumulate more GenB next week. Cheers!

Posted by neohts > 2 weeks ago | Report Abuse

https://e.vnexpress.net/news/business/economy/singapore-approves-cashless-bets-at-casinos-4791942.html

Posted by mushimushi > 2 weeks ago | Report Abuse

A lot happened after 2 weeks hibernation, DJI up +329.13 as of this moment. Next week will fly!! Congrats to those who collected a lot around 4.12-4.20.

Posted by ImCK > 2 weeks ago | Report Abuse

once FLNG start operate i think genting will unlock value go for IPO

Posted by KooSan > 2 weeks ago | Report Abuse

There are many businesses that can be unlocked. I think they are waiting for the timing.

Posted by choysun > 2 weeks ago | Report Abuse

Short position, GenB 8.96m, GenM 40m. Increased again. So short sellers need to pay dividend, will increase intensity then? Hmm.

Posted by neohts > 2 weeks ago | Report Abuse

https://theedgemalaysia.com/node/726671

KUALA LUMPUR (Sept 13): Genting Bhd’s (KL:GENTING) new floating liquefied natural gas (FLNG) facility could potentially add RM613 million per annum to its net profit from FY2027 onwards, and RM1.27 per share to fair value.

“We estimate it (the FLNG) could contribute a revenue of US$704 million (RM3.1 billion) per annum (p.a.), based on annual production of 65.2 MMBtu (one million British thermal units) and an LNG price of US$10.80/mmbtu (10-year average), and a net profit of US$141 million (RM613 million) p.a., assuming a 20% net margin to Genting from FY2027F (forecast) onwards,” said CIMB Securities in a note on Friday.

Meanwhile, the research firm said funding for the FLNG facility should not be an issue, as Genting had RM7.2 billion in cash (ex-GENM’s (Genting Malaysia Bhd), GENS’ (Genting Singapore Ltd) & GENP’s (Genting Plantations Bhd) cash) at end-2Q2024.

CIMB also noted that Genting is in the “advanced stages” of securing project financing from a group of Chinese and international lenders.
t said that the FLNG would be installed in West Papua (Indonesia), while the feed gas for the facility will be supplied from Genting’s Kasuri Block concession, with the first drop of LNG scheduled for 3Q2026.

Notably, Genting awarded a US$1 billion contract to Wison New Energies Co Ltd for the construction of an FLNG facility that was to be deployed at Teluk Bintuni, West Papua in June 2024.

The LNG facility is expected to have an annual capacity of up to 1.2 million tonnes.

Meanwhile, CIMB said, citing Genting president and chief operating officer Datuk Sri Tan Kong Han at the group’s recent shareholders meeting, that Genting is still keen on listing its US resorts/casinos business.

“We estimate Genting Americas, with five resorts/casinos, will have an FY2027 Ebitda (earnings before interest, taxes, depreciation, and amortisation) of circa US$500 million (RM2.2 billion) on a status-quo basis,” said CIMB.
“This may help illuminate the value of Genting’s US assets and re-rate its share price towards our sum-of-parts (SOP)-based target price (TP), which already values them at an EV (enterprise value) of RM16.7 billion,” CIMB added.

CIMB maintained a “buy” rating on Genting, with a TP of RM6.65.

At the time of writing on Friday morning, Genting’s shares were up four sen, or 1% at RM4.19, with market capitalisation of RM16.2 billion.

Posted by neohts > 2 weeks ago | Report Abuse

“We estimate Genting Americas, with five resorts/casinos, will have an FY2027 Ebitda (earnings before interest, taxes, depreciation, and amortisation) of circa US$500 million (RM2.2 billion) on a status-quo basis,” said CIMB.
“This may help illuminate the value of Genting’s US assets and re-rate its share price towards our sum-of-parts (SOP)-based target price (TP), which already values them at an EV (enterprise value) of RM16.7 billion,” CIMB added.

CIMB maintained a “buy” rating on Genting, with a TP of RM6.65.

Posted by mushimushi > 2 weeks ago | Report Abuse

Tuesday might ignite Genting on a fast and furious non-stop weeks long rally we all have been waiting for. All come aboard and fasten your seat belts.

Posted by KooSan > 2 weeks ago | Report Abuse

Dont forget taufu fah. Will be flowering in Nasdaq.

Posted by Loh Kok Wai W > 2 weeks ago | Report Abuse

Casino n Gambling counters in Malaysia Disaster push up.....cause Religion...problem..

Posted by Willtolive > 2 weeks ago | Report Abuse

https://www.freemalaysiatoday.com/category/nation/2024/09/15/pahang-pas-vows-to-shut-down-gambling-premises-if-it-wins-state-in-ge16/

Posted by mushimushi > 2 weeks ago | Report Abuse

Malaysia will become Taliban nation if that happens. The first day they shut down Genting, Malaysia klse will immediately collapse because all investors will run for lives since Malaysia has become a radical nation rules by Taliban. This will be the perception it present itself to the world all non Muslim residents will immediately migrate to Borneo states, and Borneos will declare independence from Malaysia. Peninsular will attract the liberation army from the United States killing everyone and turned it into a Jewish/Christian state. Then I will congratulate PAS.

Posted by Michaelchan2024 > 2 weeks ago | Report Abuse

If such an extreme scenario were to unfold, it would undoubtedly be devastating for Genting Malaysia, as Resorts World Genting is a crucial part of its revenue. However, Genting Berhad’s diversified portfolio, particularly with Resorts World Sentosa in Singapore...could capitalize on shifts in regional tourism and investor sentiment. In such a case, Genting Singapore would gladly welcome everyone to Resorts World Sentosa, where the company could further strengthen its presence and boost performance.

Posted by Michaelchan2024 > 2 weeks ago | Report Abuse

Genting Singapore... already a major player in the industry..could seize the opportunity to enhance its market share, attract more international tourists and increase revenue. This would not only mitigate the potential damage but could also position Genting Berhad to benefit from the changes as investor sentiment could shift toward Resorts World Sentosa as a safer and more stable asset in the group's portfolio.. Genting Singapore boleh!!

Posted by Michaelchan2024 > 2 weeks ago | Report Abuse

As a result, investor confidence in Genting Berhad could grow...viewing Resorts World Sentosa as a stable and attractive asset. Overall, this scenario would indeed bode well for Genting Berhad, reinforcing its resilience and supporting long term growth. Cheers!

Posted by mushimushi > 2 weeks ago | Report Abuse

Actually the license is awarded by the federal government, the license will still be valid, but they just need to move to the different state that welcomes them. So this is actually promoting development and growth in Malaysia, Genting will need to build a whole new casino resorts from scratch while the Genting highland will be fully transformed into a family resort, so it's a boon for Genting rather.

Posted by Michaelchan2024 > 2 weeks ago | Report Abuse

👍 👍 👍

Posted by MG9231 > 2 weeks ago | Report Abuse

Sarawak has a hill top resorts repossessed from Country height @Lee Kim Yew and it's state Government is eyeing a gambling licence from federal government but until now has no news ,,,, may be Genting licence from Pahang can be used in Sarawak then.

Posted by MG9231 > 2 weeks ago | Report Abuse

Johor forest city also eyeing a gambling licence for a better survival, Rumour out many weeks ago. Hopefully, the casino licence can pass it to Johor government

Posted by Loh Kok Wai W > 2 weeks ago | Report Abuse

malaysia share market...susah lah....those politik man...everyday..talk n play about sensitive....issue....

Posted by Peaches L > 2 weeks ago | Report Abuse

Genting has already prepared for tis day to come few decades ago. While it’s possible but, it’s not an easy thing for PAS to do. Genting is not your usual 4-D outlets which can be closed so easily.

Posted by Peaches L > 2 weeks ago | Report Abuse

Many other countries including our Sarawak/Johor states wants to build casinos to earn tourists dollars. And, these PAS fellows wants to do d opposite and think they can replace Genting’s revenue contributions to Federal and State govts so easily with smtg else. Worst is, they will make many of their people to b jobless and menganggur along d way. Talk oso didn’t go thru their pea brains.

Posted by ImCK > 2 weeks ago | Report Abuse

responsible gaming is legal and is trend even UAE also realise now thailand also want build casino . casino is not casino is high regulate responsible gaming genting malaysia is also certified FTSE4GOOD
FTSE Group confirms that Genting Malaysia Berhad has been independently assessed according to the FTSE4Good criteria, and has satisfied the requirements to become a constituent of the FTSE4Good Index Series. Created by the global index company FTSE Group, FTSE4Good is an equity index series that is designed to facilitate investment in companies that meet globally recognised corporate responsibility standards. Companies in the FTSE4Good Index Series have met stringent environmental, social and governance criteria, and are positioned to capitalise on the benefits of responsible business practice.

Posted by neohts > 2 weeks ago | Report Abuse

https://theedgemalaysia.com/node/726671

Posted by ImCK > 2 weeks ago | Report Abuse

This is about what message they want bring to investor going to be talipan or going to be like UAE . if let the pandora box open then next will be more worst only to ringgit or stock market local they will move all money out from malaysia foreigner investor will stop invest ringgit collapse stock market collapse .

Posted by ImCK > 2 weeks ago | Report Abuse

even thier own state also cannot manage well they stop cinema because they dont want people become smart easy for control just like north korea

Posted by prudentinvestor > 2 weeks ago | Report Abuse

"Welcome to Fed rate cut week - wont surprise see Dow jump 1,000pts"
The steeper Fed cuts the rate, the more worried investors become. Should the Fed cut interest rate by more than 0.5%, investors may think that the US economy is in a much worse state that generally believed and vote with their feet.

Posted by StarOfTheBull > 2 weeks ago | Report Abuse

Moslem is not allowed to enter the casino anyway, so why should they care? It could be merely a political talk prior to the Mahkota by-election. Due to large Felda settlers vote bank of Jengka, the ajaran sesat party is not easy to capture Pahang anyway.
Even if they succeed to win Pahang, Genting can just easily move the casino two kilometers west across the border to Selangor and federal government can continue to collect fat tax revenue contributed by gamblers.

Posted by newbie2019 > 2 weeks ago | Report Abuse

someone is playing cons pi ra cy and fear game

Posted by newbie2019 > 2 weeks ago | Report Abuse

lol… conspiracy theory? since when Genting will get Yahoo news?!

https://finance.yahoo.com/news/malaysia-only-casino-political-crosshairs-104500298.html/

Posted by StarOfTheBull > 2 weeks ago | Report Abuse

Genting Highland is one of the "must see" sites includes in the itinerary of inbound group tours.
Closure of Casino de Genting could also meant to drive tourists away to other countries. Langkawi is a good example where tourists found more enjoyable sunny beaches like Krabi and Phuket.
Closure of the casino could also meant the country is moving one hundred steps backwards from modern civilization.

Posted by prudentinvestor > 2 weeks ago | Report Abuse

Has been on downtrend for several months already. Time to continue with Friday's upward move.

Posted by neohts > 2 weeks ago | Report Abuse

https://www.thestar.com.my/business/business-news/2024/09/17/genting-earnings-to-be-buoyed-by-flng-segment

Posted by yfchong > 2 weeks ago | Report Abuse

Haiyah., why suddenly vanish from 4.20 to 4.1x

Posted by DonCandleone > 2 weeks ago | Report Abuse

Today declare ex-div what, gapdown 6 sen straight away

Posted by Invest Invest > 2 weeks ago | Report Abuse

Normal la, after get dividend then run.

Posted by DonCandleone > 2 weeks ago | Report Abuse

Posted by MoneyMakers > 13 hours ago | Report Abuse

Welcome to Fed rate cut week - hopefully GB follow US market huge rally

Fasten seatbelt & ready to rocket

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Honestly doubt so, but we shall wait and see. We'll find out soon, good luck everyone🙏

Posted by Invest Invest > 2 weeks ago | Report Abuse

I have been waiting for the good luck before covid. Kept accumulating genting. I can now only wait till Christmas. Hopefully the dream comes true ... ... ...

Posted by yfchong > 2 weeks ago | Report Abuse

let's see Christmas yeah. not hoping much, if can take RM 4,75 good lar

Posted by mushimushi > 2 weeks ago | Report Abuse

Wondering what would happened if trump is assassinated. John f Kennedy was successfully assassinated after multiple attempts and warnings. I guess Donald trump days are numbered even after he is re-elected, he will need to survive 4 years of presidency. Survival rate is only 20%.

His death may followed by a civil war? As Bill Gates put it, the world will experience a major war or pandemic that will probably killed 5 billion people for the sake of preventing the depletion of non-renewable resources. World war 3 or new pandemic?the question is not if but when.

Posted by choysun > 2 weeks ago | Report Abuse

Queue 4.10 so long, still tak boleh dapat. Sigh.

Posted by prudentinvestor > 2 weeks ago | Report Abuse

All the IBs have buy calls on Genting with the latest coming from CIMB Investment Bank with a target price of RM6.65 a share, more than 50% higher than today's closing price but Genting seems to be going the opposite way.

Posted by choysun > 2 weeks ago | Report Abuse

Hmm, will I get my order matched today 🤔

Posted by newbie2019 > 2 weeks ago | Report Abuse

4.1? 4.0?

Posted by Balian de Ibelin > 2 weeks ago | Report Abuse

Some ShitFool must be promoting kn YouTube.
Buying activity causes share price to go down. <- this is not a typo.

Posted by Balian de Ibelin > 2 weeks ago | Report Abuse

RM19 Billion writeoff
1 Billion taurx
18 Billion RWLV
😍