GENTING BHD

KLSE (MYR): GENTING (3182)

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Last Price

3.59

Today's Change

0.00 (0.00%)

Day's Change

3.57 - 3.64

Trading Volume

15,305,600


47 people like this.

88,541 comment(s). Last comment by MoneyMakers 18 minutes ago

keyman

540 posts

Posted by keyman > 2 months ago | Report Abuse

Shortists dominate the market. Ask michael roar back to them..
Dont hide liaw.. Aiyo this time really loss until Ama doesnt recognize u Ah... Tell you already Lkt cant be trusted why you dont want to listen. Aiyohai...

kllee

178 posts

Posted by kllee > 2 months ago | Report Abuse

Dragon year Genting performance so worse , how about next year snake year ?

Posted by EngineeringProfit > 2 months ago | Report Abuse

Below 4 just sapu....hehe

neohts

2,528 posts

Posted by neohts > 2 months ago | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3492340

5. The financial and operational impact of the Complaint on the GENM Group.

As the Complaint is entirely baseless and without merit, we do not expect there to be any material impact on the financial results or operations of the GENM Group from such claims.

6. The expected losses, if any, arising from the Complaint.

There are no expected losses, other than the cost of defence, on the basis that GAI firmly believes that the Complaint is entirely baseless and without merit.

7. The steps taken and proposed to be taken by GENM in respect of the Complaint.

GAI is preparing a comprehensive response to the Complaint, which will be filed with the Court in the coming weeks.



This announcement is dated 17 October 2024.

neohts

2,528 posts

Posted by neohts > 2 months ago | Report Abuse

https://theedgemalaysia.com/node/730625

GenM says US$600m Bimini lawsuit won't impact its financial results, operations.

UALA LUMPUR (Oct 17): Genting Malaysia Bhd (KL:GENM) said the lawsuit filed by RAV Bahamas Ltd, seeking over US$600 million (RM2.57 billion) in damages related to Resorts World Bimini's operations, will not materially impact the group's financial results or operations.

“There are no expected losses, other than the cost of defence, on the basis that GAI [Genting Americas Inc] firmly believes that the complaint is entirely baseless and without merit,” GenM said on Thursday in a reply to queries by Bursa Malaysia regarding the circumstances behind the lawsuit.
The casino operator said the group is currently preparing a comprehensive legal response, which will be filed with the court in the coming weeks.
GenM described the claims as "malicious and baseless", and contended that RAV Bahamas and its principals are attempting to extract an unjustified payment and inflict reputational harm.
GenM also responded to Bursa’s queries on the issue by saying that GAI, which is incorporated in Delaware, is not classified as a major subsidiary under the Bursa Malaysia Main Market listing requirements.

GenM said the total cost of investment in GAI is consolidated within the group financial statements, and is “not publicly available on a standalone basis”, being merged under one account with its operations in the US and the Bahamas.

The combined operations in the US and the Bahamas contributed RM1.88 million to the group's total revenue in the financial year ended Dec 31, 2023.

neohts

2,528 posts

Posted by neohts > 2 months ago | Report Abuse

TauRX under GenB not GenM.
So invest in GenB for better future.
Christmas gift and Chinese new year Ang Pow.

neohts

2,528 posts

Posted by neohts > 2 months ago | Report Abuse

Syndicates is collecting at current price daily with big volume up and down a few cents.
Reason why ? because of TauRX.
When the train start moving, there is no cheap ticket.

Posted by khengs2003 > 2 months ago | Report Abuse

can anyone provide forecast target price
If TauRX failed to get approval = ??
If TauRX success to get approval = ??
Just wan to calculate the risk & profit ratio

Posted by prudentinvestor > 2 months ago | Report Abuse

Hence the US$600 million Bimini lawsuit is a non issue and Genting's downtrend should end.

neohts

2,528 posts

Posted by neohts > 2 months ago | Report Abuse

My projection only, do you own home work. TauRX or Taufu
If approve TP 6.50
If not approved 4.80

AngTayKor

2,934 posts

Posted by AngTayKor > 2 months ago | Report Abuse

Is RW Bimini still operating or going bankrupt liow? KNN the malicious claimant say until "financial wasteland" liabilities exceeded assets by usd hundreds of millions maciam like bankrupt liow

mushimushi

740 posts

Posted by mushimushi > 2 months ago | Report Abuse

Where is AngayKlown? His energy is lesser and lesser when nobody read his posts 🤣

Posted by EngineeringProfit > 2 months ago | Report Abuse

What he wrote?

mushimushi

740 posts

Posted by mushimushi > 2 months ago | Report Abuse

Rubbish as always

AngTayKor

2,934 posts

Posted by AngTayKor > 2 months ago | Report Abuse

LKT n Genting shd counter-sue RAV for damage in reputation! Now everyone thought LKT is a scumbag scammed own biz partner's money!

Posted by EngineeringProfit > 2 months ago | Report Abuse

He wants to buy cheaper or what?

AngTayKor

2,934 posts

Posted by AngTayKor > 2 months ago | Report Abuse

Posted by mushimushi > 3 minutes ago | Report Abuse
Where is AngayKlown? His energy is lesser and lesser when nobody read his posts 🤣
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Aiya Loser chao ah gua mushi, morning want to be the first to start again ah? Whats your fa.rking problem? Lose money in stock market nevermind la, dont lose your mind n your credibility here. Lu kee hor gao kan la.

mushimushi

740 posts

Posted by mushimushi > 2 months ago | Report Abuse

Can't go cheaper. AngayKlown gg

AngTayKor

2,934 posts

Posted by AngTayKor > 2 months ago | Report Abuse

Trader trade with trends. No need to fear monger here everyone including trader are ikan bilis cannot move the market. When i sell or buy, im on the right side of the market, the purest form of natural allies are selling or buying together with me.

ImCK

3,436 posts

Posted by ImCK > 2 months ago | Report Abuse

Management too weak every step also slow than peer
MGM partner with playtech 300million population is US cant even earn 300MILLION USD back to malaysia 😁 how many year already

neohts

2,528 posts

Posted by neohts > 2 months ago | Report Abuse

Normally after budget, GENB will go up if no SIN tax increase.

mushimushi

740 posts

Posted by mushimushi > 2 months ago | Report Abuse

AngayKlown will kena lah if budget adds new Sin Kar Lan tax.

eagleye

211 posts

Posted by eagleye > 2 months ago | Report Abuse

Both Bimini & GB are WRONG.
Only have to decide who is MORE wrong.

eagleye

211 posts

Posted by eagleye > 2 months ago | Report Abuse

Breaking news - ME today.
Leader killed.
Retaliation, counter retaliation, Repeat.
May escalate much more.
Global mks may really Rattle & Rum - U2.

bullpiano

194 posts

Posted by bullpiano > 2 months ago | Report Abuse

48 reviews·63 photos
2 months ago
Pretty happy with our stay at this hotel, but would not recommend more than 2 nights. Bimini is a very small island with few things to do. If you are a beach person this might be the place for you. I’m not but still enjoyed the views, bars, and atmosphere. Service is hit or miss, rooms are comfortable (had issue with toilet that was fixed right away), food is good but SUPER expensive, same with drinks, the resort is clean, and the gym is small but well equipped. Kept fairly quiet and secure (had a couple with baby as neighbors and could hear it cry sometimes—no biggie but walls are thin). Would recommend renting a golf cart to explore. The Club House is nice and worth a visit. Be ready to wait at check in.

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

Overheard

News leaked lah

AngTayKor

2,934 posts

Posted by AngTayKor > 2 months ago | Report Abuse

Posted by mushimushi > 1 hour ago | Report Abuse
AngayKlown will kena lah if budget adds new Sin Kar Lan tax.
---------------

Kena what? BBQ? You and the deluded MC both really very stuupid, non-stop attacking trader just because trader gave 4.50 prompt exit warning 2 months ago. Trader already declared numerous times Im not shorting this stock, I have never shorted this stock and I have no access to an account that can short bursa stocks. Perma bulls stuck high could have benefited from trader's numerous prompt exit warnings this year at 5.20, 4.80+, 4.50 zones. Mushi n MC lose money not my problem lo, trader already gave out free prompt and solid trading advice then. You didnt believe trader's prompt exit warning calls then. A shortie will never tell you to exit at those price peaks, extra competition when shortie trying to accumulate and execute shorts at high price. Think abt it. Geeez.

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

Singies like TAK harder to short stocks in Bursa.
Singy sex firm dun keep stocks of Bursa and will need to Borrow from KL sex firms.
With double markups from 2 sex firms, it's not profitable for Singies to short Bursa stocks.

AngTayKor

2,934 posts

Posted by AngTayKor > 2 months ago | Report Abuse

Posted by mushimushi > 2 months ago | Report Abuse
SGD 500m sudah mau mari, go go go!!! *<GenS NP S$109m>
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Tomorrow confirm gap up!!
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Tomorrow 4.8
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All the shorties here are delusional, Genting Singapore actually surpassed pre-pandemic net profit. They still preaching for sell. They are the real conman.
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Tomorrow your auntie mari, all shorties will bleed very badly.
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Posted by AngTayKor > 2 months 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 started buying when price was 2.97. When I stopped trading this stock long time ago, i think its equivalent to profit of selling the stock at over 8.00.
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I have never shorted a single GenB stock. Better watch the stock's price action, the market is already whispering something now....
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Trader has already given his views if you have read his posts carefully over the past couple of days.
*******************

Posted by Michaelchan2024 > 1 month ago | 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!!!
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COLLAPSED TO 3.96
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==> See the difference in skill? You didnt believe in trader's skill and prompt warning exit calls, else would have easily exited at 5.20, 4.80+, 4.50 zones. Here talk FA + TA skills. Mushimushi no skill keep quiet stop slandering and doing jealousy attacks on good contributors.

AngTayKor

2,934 posts

Posted by AngTayKor > 2 months ago | Report Abuse

When amateurs lose money in stock market, they will always blame others for their losses.

When professionals lose money in the stock market, they take FULL RESPONSIBILITY for their own mistakes.

ImCK

3,436 posts

Posted by ImCK > 2 months ago | Report Abuse

later sure big DROP faster run ! GROSS MARGIN less than peer ( with 80% accountant background on board )

ImCK

3,436 posts

Posted by ImCK > 2 months ago | Report Abuse

poor management and governance BIG CAPEX but return less worst than retail stock MRDIY gross profit 50%

AngTayKor

2,934 posts

Posted by AngTayKor > 2 months ago | Report Abuse

I find online trolls very stooopid and lack the ability to further improve themselves. When ATK meet successful investors and stock traders, ATK pluck up courage be "thick-skin" and go chat up with them, be their friend. 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? Whats in their mind when they are putting in big investments or when they are trading large positions? ATK is also a human. I have my own internal demons (greed and fear) when I trade stocks or invest big in Taurx.

Last month ATK attended a stock trading tournament event (with 1000+ participants). After the event during lunch time, I walked up to the trading tournament Champion and introduced myself. I asked abt his trading strategies, the indicators he prefers, how he spot big trends early, etc. We had a good conversation and exchanged numbers. Then I realise this stock trading Champion is also a fellow member of a trading kaki groupchat that Im also in. What a coincidence.

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

.

mushimushi

740 posts

Posted by mushimushi > 2 months ago | Report Abuse

Genting sudah mau rocket. Buy some while you still can. 😎

mushimushi

740 posts

Posted by mushimushi > 2 months ago | Report Abuse

AngayKlown bla bla bla, my eyes automatically skip reading them.

ImCK

3,436 posts

Posted by ImCK > 2 months ago | Report Abuse

dont waste time genting la sure limit down later now no fund is interest genting stock now price worst than before mco end

mushimushi

740 posts

Posted by mushimushi > 2 months ago | Report Abuse

All professional analysts average target RM 5.5, all these professional analysts from big banks, big funds and trading houses are Sin Kar La? or maybe the Sin Kar Lan is you? 🤣

ImCK

3,436 posts

Posted by ImCK > 2 months ago | Report Abuse

foreign fund is lowest than before only 15%
all run liao only left loser

RInvest

60 posts

Posted by RInvest > 2 months ago | Report Abuse

Congrats to those who bought below 4 - I missed that boat

Posted by EngineeringProfit > 2 months ago | Report Abuse

Such a good buy - why u miss?

ImCK

3,436 posts

Posted by ImCK > 2 months ago | Report Abuse

genting will drop back one gross margin so less dont worry

keyman

540 posts

Posted by keyman > 2 months ago | Report Abuse

4.02 open a position. Cannot grab more... Rocket liaw

ImCK

3,436 posts

Posted by ImCK > 2 months ago | Report Abuse

always thin big CAPEX earn less less project accountant management team gross profit margin worst than MRDIY retailer and peer sure got something hiding

Janus Mun

287 posts

Posted by Janus Mun > 2 months ago | Report Abuse

don`t like GB just open margin account and short it la.no need everyday keep on saying bad about GB in here la.no one give a d@mn

ImCK

3,436 posts

Posted by ImCK > 2 months ago | Report Abuse

already open margin and short waiting see the whole EMPIRE fallen in LKT hand

ImCK

3,436 posts

Posted by ImCK > 2 months ago | Report Abuse

like GENTING HK bankrupt

choysun

4,449 posts

Posted by choysun > 2 months ago | Report Abuse

So you closing your short position today? Quick quick, 55 mins left :p

Janus Mun

287 posts

Posted by Janus Mun > 2 months ago | Report Abuse

keep on shorting la.....all so gung ho said GB will go to 0....

ImCK

3,436 posts

Posted by ImCK > 2 months ago | Report Abuse

the pattern always repeat genting holland station

Peaches L

942 posts

Posted by Peaches L > 2 months ago | Report Abuse

@ImCK, I give u an ‘F’ for acting skill. U failed big time in yr outpouring of doomsday sentiment for GenT. Try harder next time.

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