Posted by choysun > 2 weeks ago | Report Abuse

Why so much panic? Steady la. :p

Posted by ImCK > 2 weeks ago | Report Abuse

not low cost casino is use non gaming offer and convert them to gaming income
like theme park we offer free entry but we can earn from f&b income this is how china company they well play they lure traffic to thier properties 1st then only play convert game

Posted by ImCK > 2 weeks ago | Report Abuse

that why i said annual pass is very important to them because it will bring more parent put genting as priority holiday trip kids can play thier own in theme park whole day parent can go thier adult gaming play whole day

Posted by bearsong > 2 weeks ago | Report Abuse

Pariah CEO, possible holding too much 'Shit'? Desperately ask people to cut loss and want to close position? We are still waiting you to ride it down 300. Akmal said 'no fear'.

Posted by AngTayKor > 2 weeks ago | Report Abuse

MEDIA RELEASE
FTSE BURSA MALAYSIA INDEX SERIES
SEMI-ANNUAL REVIEW DECEMBER 2024

Kuala Lumpur, 5 December 2024 – FTSE Russell and Bursa Malaysia Berhad (“Bursa
Malaysia”) today announced several constituent changes to the FTSE Bursa Malaysia
Index Series, following the semi-annual review in December 2024. The index series is
reviewed on a semi-annual basis in accordance with the ground rules of the respective
index.
The changes are as follows:
FTSE Bursa Malaysia KLCI
Inclusions
1 99 Speed Mart Retail Holdings
2 Gamuda

Exclusions
1 Genting
2 Genting Malaysia


https://www.bursamalaysia.com/sites/5bb54be15f36ca0af339077a/content_entry5c11a9db758f8d31544574c6/675163f3cd34aadbe452a614/files/051224_MEDIA_RELEASE_FTSE_BURSA_MALAYSIA_INDEX_SERIES_SEMI-ANNUAL_REVIEW_DECEMBER_2024.pdf?1733390648

Posted by yfchong > 2 weeks ago | Report Abuse

habis liao., long term share holders/

Posted by Junkit Ng > 2 weeks ago | Report Abuse

I dont understand why u guys are so scare about genting being bench in KLCI. Open KLCI then u will see if its a good index, "its not a good index". Index is only useful when alot of people buy it however no one buys KLCI index. Look at airport it got bench by KLCI then still outperform KLCI once it got it shit tgt

Posted by AngTayKor > 2 weeks ago | Report Abuse

Aiya MAH sure got insiders scooped up in anticipation of privatisation. Will LKT privatise his Genting listcos? He was dumping his shares on open market instead

Posted by DonCandleone > 2 weeks ago | Report Abuse

This stock crashed from sky high to newer lows everyday... from Genting Highland to Genting Lowlands

Posted by Junkit Ng > 2 weeks ago | Report Abuse

I dont think its possible for LTK to privatise a specific genting business. For him to do that he will have to break up genting then divide to all the share holder based on stocks then buy back the sector he want at a premium.

On the other hand i think there is something fishy going behind the scene, fidelity sold a large portion of their genting m then brought up a ton of genting berhad, black rock also has been buying up genting berhad. Either they are banking on something big just not sure what it is.

Posted by Junkit Ng > 2 weeks ago | Report Abuse

Either way*

Posted by AngTayKor > 2 weeks ago | Report Abuse

Har??? Funds buying but share price keep dropping? Can cut n paste those bursa announcements here?

A possible reason could be GenM kickout already an expected news since several months ago. Funds that have certain investment restrictions to buy only main index stocks will have to "switch horse" from GenM to GenB. But today GenB also kena kick out, so the funds may have to "switch horse" again to another related industry stock. Coincidentally, the industry classification of GenM, GenB n 99SMart are all under "consumer services". Maybe thats why provision shop stock chiong big this week.

Posted by Bochiakak > 2 weeks ago | Report Abuse

PLEASE RESIGN LKT for your POOR PERFOMANCE. Otherwise Genting shares will die slowly......

Posted by Junkit Ng > 2 weeks ago | Report Abuse

Not suprising at all that share price doesnt move, just look at today and yesterday. Retail have been selling non stop to big orderd. If u want to see who is buying just download moomoo they show the data once these firm report their holdings. Fidelity added 10.85 mil shares on Q3, with the ammount of retail selling to large orders not suprising their Q4 holdings go up even more.

Posted by newbie2019 > 2 weeks ago | Report Abuse

I will be back…. famous quote lol

Posted by Junkit Ng > 2 weeks ago | Report Abuse

99 speedmart on the other hand has close to 0 international mutualfund, only one holding is JPmorgan with 568k share. The 99smart owner and his group own 80% of the stock so in reality there are almost no funds there only retail buying expensive shares from retail.

Posted by AngTayKor > 2 weeks ago | Report Abuse

Retailers dumping more powerful than fund houses buying hence sharing price moving down. Ikan bilis win! 😀😀

No wonder MM likes to do evil bad karma roti prata tactics here. Never underestimate the true combine power of all the ikan bilis 🤣🤣🤣

Posted by Junkit Ng > 2 weeks ago | Report Abuse

More like fund want them to dump so they can buy. The more retail panic the cheaper they can buy, the only question is why genting berhad. Only catalyst is somehow Q4 genting report turn profit due to forex gain or US casino license bid next year. Either way fidelity and blackrock dont usually lose when it comes to share so maybe the insider know something.

Posted by Bullcoming > 2 weeks ago | Report Abuse

What go down will go up

Posted by choysun > 2 weeks ago | Report Abuse

Definitely sounds like something brewing. So when is a good time to pick some? Wait until 20th Dec? I'm thinking 3.50.

Posted by Junkit Ng > 2 weeks ago | Report Abuse

Depend on how long u can wait, if u are hoping genting rocket like 99smart then this isnt the place for u.

For me i am waiting for fed rate cut, genting tend to do well when intrest rate are low and money is cheap (people gamble alot). Even after 19 dec fed rate cut decision u still need to wait untill feb 2025 to see Q4 and annual result.

Then there is also the risk of black swan, fed suddenly panic cut rates and everything crash with it(genting included), but after rates return to 0.25-1% genting will rally like no tmr.

Posted by MoneyMakers > 2 weeks ago | Report Abuse

No use blackrock/fidelity buy small - other big fund huge dump kikiki

Posted by MoneyMakers > 2 weeks ago | Report Abuse

Official GenM/GB removed from klci - effective 23 Dec

Their ranking soo bad - hard get back in

Posted by AngTayKor > 2 weeks ago | Report Abuse

<Fidelity added 10.85 mil shares on Q3.....>
Q3 closing price 4.23, now 3.57. Smart money become dumb money? More likely they switching out GenM to buy GenB because since July 2024 it is expected that GenM will kena kickout KLCI

https://www.klsescreener.com/v2/news/view/1361855/gamuda-likely-to-replace-genting-malaysia-as-klci-constituent-analyst

Maybe funds selling GenB recently because recent news articles speculating GenB will also kena kickout.

https://www.bernama.com/en/business/news.php?id=2367681

https://www.klsescreener.com/v2/news/view/1434945/fall-of-a-bellwether

Posted by AngTayKor > 2 weeks ago | Report Abuse

Powell already said Fed pulling back on rate cuts next year liow.

Dec will probably the last cut until economy in recession liow then Fed will start panic mode rate cutting again.

Posted by ImCK > 2 weeks ago | Report Abuse

so many vvip on board now Murren, who was CEO and chairman of MGM Resorts International from 2008 to 2020, will be joined on the part-time board by former Nevada Gaming Control Board Chairman A.G. Burnett, now a partner at the McDonald Carano law firm, longtime gaming industry human resources executive Michelle DiTondo and Genting Berhad President Kong Han Tan.

Posted by Junkit Ng > 2 weeks ago | Report Abuse

No need to think for these large fund, they hv quants that forcast months before they even buy. If u look closely even black rock and geode started adding their position from early 2023 till now, we should be able to see their Q4 holding on 31decemeber however my guess is their holding go up cuz only retail selling.

Posted by Junkit Ng > 2 weeks ago | Report Abuse

I dont really mind if they dont cut in early 2025 as long as they cut on dec 19 then ok alrd cuz genm net foreign exchange is dependent on it

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

Fidelity and Blackrock usually lose 100% in their foreign investments.
Example of 100% loss is in Serba and Lonbisc

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

Very possible Fed cuts in Dec but it's not relevant to GenT
USD continues to appreciate against RM due to agreed and confirmed China massive buying of USD currency.

Massive imaginations does not work when China already confirmed to buy up massive amounts of USD currency.

Already warned you not to imagine out FAKE news on
Yields
Monetary policy
Forex
USD early repayments [you accused Genting group of fraudulent behavior]

ROK yields dropped due to massive infusions of funds into ROK banks but your fraudulent iimagination claimed it was Martial Law

So far your imaginations are all fraudulent. If you have zero idea on yields and zero idea in ROK. Do not make up fraudulent stories.

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

So far everytime and every post had all been fraudulent stories.

USD loans [fraudulent post]
USD early repayment [accused Genting of fraud]
Yields [fake story on ROK yields dropping due to Martial Law. Actual is due to ROK massive funds banked in]
Blackrock and Fidelity fake story. In real life massive losses in Serba and Lonbisc.

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

Funny thing is you chose to do your fake news imaginations on one of the easiest country to evaluate economically, ie ROK 😂

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

Fake news to prevent people from selling or cut loss never works.

Fraud syndicates cheated by other Fraud Syndicates should not fear people selling GenT or GenM shares

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

Shareholders of GenT and GenM deserve to know the truth no matter how bad it is.

Fake and fraudulent stories to prevent people from selling never works.
In Transmile case, people eventually also sold all their shares despite numerous fake and fraudulent stories blowing glorious future of Transmile as the largest cargo airline in the world. 😁

Posted by newbie2019 > 2 weeks ago | Report Abuse

time to bound for a while before further dive….to 3

Posted by newbie2019 > 2 weeks ago | Report Abuse

can buy some oledi…

Posted by newbie2019 > 2 weeks ago | Report Abuse

i will scoop some later

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

If you think that I gave you a tip on USD rise due to China massive buying of USD currency.
Just be careful out there.
Anything can happen. Though the No 2 is even worse than Trump if Trump gets killed off.
So if Trump gets bumped off USD should still rise but nothing is set in stone because No 2 is not as smart as Trump.

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

Newbie2019
Technical Rebound had made millionaires and Billionaires like Soros.
The trick is to determine the bottom for the Rebound.

If you analyse those fake stories, the Syndicate Member has totally zero idea that high USD is good for GenT and GenM.

Other people like Newbie2019 now sees a buying opportunity. 😁

Posted by bearsong > 2 weeks ago | Report Abuse

Pariah, yes. Shareholders are deserve to know the truth. But don't need you day day insulting with negative news. We are adult, fake or true news we know how to differential. If they can't do their risk management, don't buy. Better keep the money in some where more safer.

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

Syndicate trying to brainwash that USD will drop and will be good for GenT and GenM

In actual fact USD is gonna rise. Rise of USD will be good for GenT and GenM.

Your money, you decide.
Newbie2019 is gonna buy. Good Luck 😁

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

When USD rises, tourists gonna get more bullets to convert to casino gambling chips. More tourists will come.

Just like you go to Thailand and Indonesia you can buy more things.
Syndicates just work on fraud. They have zero idea on what is happening. 😁

Posted by neohts > 2 weeks ago | Report Abuse

Shorties will face the Karma.

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

Also example

If USD rises from 4 to 5 a 25% increase both GenT and GenM overseas earnings will also rise by a massive 25% increase.

If that is not a Buy Call for GenT and GenM, then I dunno what is a Buy Call. 😁

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

That's why j already stated numerous times like yesterday was the last day to sell and from today onwards it's only Buy for GenT and GenM.

Many did not Understand what that meant.

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

Trump ordered China to stop buying from Iran or risk all China businesses banned from US
So China no choice must make up difference from WTI Cushing Oklahoma.
USD rises like hell.

Possible Trump will press China to drop some Russia purchases and again buy WTI. Again USD rises like hell.

There is a risk China will ignore Trump and all China businesses exit US markets.

Your money you decide what China will do.
IMHO China will strike Off Iran and still proceed with some Russia purchases.

Posted by bearsong > 2 weeks ago | Report Abuse

Yes. You sell down and you buy back. Simple🤣

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

🙄

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

It's not possible to predict future events so how to sell and buy back?

Posted by ImCK > 2 weeks ago | Report Abuse

KNN now genting management only show king card work seriously appoint new four-member board VVIP manage resorts world las vegas