GENTING MALAYSIA BERHAD

KLSE (MYR): GENM (4715)

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Last Price

2.42

Today's Change

+0.01 (0.41%)

Day's Change

2.42 - 2.44

Trading Volume

1,515,800


32 people like this.

43,211 comment(s). Last comment by Shines 21 hours ago

Posted by Michaelchan2024 > 1 week ago | Report Abuse


It depends on your interest. Are you a long-term investor, a day trader, or looking for a bargain? Each group sees the stock differently.

Posted by Michaelchan2024 > 1 week ago | Report Abuse


Resorts World Hudson Valley (RWHV) is a casino in Newburgh, New York, located inside the Newburgh Mall. It opened on December 28, 2022, with a $50 million investment from Genting Group. The casino features over 1,200 video gaming machines and aims to attract local residents and travellers.

RWHV is expected to boost the local economy by creating about 400 jobs and generating tax revenue. It is part of Genting's plan to expand its presence in the U.S. and complements their other properties like Resorts World New York City and Resorts World Catskills.

The casino covers 90,000 square feet within the Newburgh Mall, which is about 388,000 square feet in total. The space was renovated to create this modern gaming facility.

Mytime

108 posts

Posted by Mytime > 1 week ago | Report Abuse

You know if your check their past history. 82 million is too far away compared to the past before MCO. After 4 years it still unable to recover the

Posted by Balian de Ibelin > 1 week ago | Report Abuse

GenM shareholders have become old men, just grateful there is a little profit and some sex every other year.


Posted by Mytime > 2 minutes ago | Report Abuse

You know if your check their past history. 82 million is too far away compared to the past before MCO. After 4 years it still unable to recover the

cheeseburger

2,852 posts

Posted by cheeseburger > 1 week ago | Report Abuse

(吉隆坡30日讯)在免签政策推动下,云顶(GENTING,3182,主要板消费)旗下的云顶世界(RWG)次季营业额取得了增长,但分析师指出,游客量仍低于疫情前水平。

GENM visitor still below pre MCO level. There was fire breakout at First World that impacted if you still remember.

Posted by LilasIkuta > 1 week ago | Report Abuse

so we sell?

Posted by Michaelchan2024 > 1 week ago | Report Abuse


https://agbrief.com/news/malaysia/30/08/2024/genting-malaysia-doubles-profit-in-2q24-with-revenue-increases-across-all-segments/
Genting Malaysia doubles profit in 2Q24, with revenue increases across all segments

pangolin

1,012 posts

Posted by pangolin > 1 week ago | Report Abuse

My cost is around 2.70, still 15c far far away from current share price , i willing to give up my 6c div for stop bleeding

Posted by LilasIkuta > 1 week ago | Report Abuse

genm is earning money, just sit back and relax

Shines

2,780 posts

Posted by Shines > 1 week ago | Report Abuse

Dont just compare the pre mco era, spending power have dropped, so visitors have reduced greatly. As long as the Co. makes profit and maintaon its div. to its already good.

Posted by Balian de Ibelin > 1 week ago | Report Abuse

Thats correct.
Due to covid inflation.
GenM revenue is structurally permanent; for the next 5 years at least will be staggering around with low revenue and low profits.
Thats why 2.80 throw all is now reasonable.
Those days of above 5.00 are structurally and permanently dead and over.



Posted by Shines > 5 minutes ago | Report Abuse

Dont just compare the pre mco era, spending power have dropped, so visitors have reduced greatly. As long as the Co. makes profit and maintaon its div. to its already good.

Posted by raizalmyinvests > 1 week ago | Report Abuse

Agree to disagree. Footfall and gaming remains strong in demand.

Posted by Balian de Ibelin > 1 week ago | Report Abuse

Better make a Police Report.
If Footfall and gaming remains strong in demand but revenue and profits missing.
It only means its stolen and theft had occurred.
Hope Police can recover the stolen monies before laundering. 😯

RonnyWu

304 posts

Posted by RonnyWu > 1 week ago | Report Abuse

Haha, implementation of e-invoice also can't stop money laundering? 😆

Donator

993 posts

Posted by Donator > 1 week ago | Report Abuse

since long time no site visit, i go visit this weekend to see still crowd or not, if crowd add more ticket next week

RonnyWu

304 posts

Posted by RonnyWu > 1 week ago | Report Abuse

Ghost month is over. It's sure to be crowded.

Posted by StakesAreHigh > 1 week ago | Report Abuse

Patience my dear GENMers. Just consulted by crystal ball. By 3rd quarter next year, the price be RM3.30

simonS

18 posts

Posted by simonS > 1 week ago | Report Abuse

no harm to add when stock hit at support level.

Limo123

106 posts

Posted by Limo123 > 1 week ago | Report Abuse

Geng... This stock are so fragile.. good qr drop. Market bad drop.. market good drop..

Donator

993 posts

Posted by Donator > 1 week ago | Report Abuse

just add when it drop

Limo123

106 posts

Posted by Limo123 > 1 week ago | Report Abuse

Better dun... It might drop further.... If exit from the index constitution.. might drop further.. 99 speedmart going to listing soon... High chance will replace this if the price maintain like this

RonnyWu

304 posts

Posted by RonnyWu > 6 days ago | Report Abuse

99 speedmart has only 3.04 times for oversubscription .. Don't think it will replace Genting Malaysia

yongyong88

539 posts

Posted by yongyong88 > 6 days ago | Report Abuse

Price still in doldrum and lower than during pandemic times. However have been consistent in giving 15sen dividends annually. So will keep long term, collect dividends and go play baccarat at GH. Maybe with good luck after ghost month can win some pocket money!

willsmith

241 posts

Posted by willsmith > 6 days ago | Report Abuse

@Michaelchan2024
"The 1.45 cents you mentioned would typically be the earnings per share ..after accounting for the dividend payout. In other words, the 1.45 cents should reflect the net income available to shareholders after the dividend has been paid. "

Are you sure boh? EPS is p&l. Dividend is not a p&l item.

Posted by LilasIkuta > 6 days ago | Report Abuse

hodl or sell?

Posted by Michaelchan2024 > 6 days ago | Report Abuse

Dividends are reflected in the balance sheet..once a dividend is declared, it appears as a liability in the balance sheet under "Dividends Payable" until it is paid.
To see if dividends were paid out, you need to look at the cash flow statement or retained earnings section in the financial reports.

Posted by LilasIkuta > 6 days ago | Report Abuse

the value now is not yet deducted right . means 2.45 - 0.06 after dividen paid

Mytime

108 posts

Posted by Mytime > 6 days ago | Report Abuse

Better sell. After MCO the business still fare very bad. The EMPIRE INC in US is already a bad investment. If not why Mr Lim disposed the shares to Genm? Liabilities are increasing. Cam they still maintain dividend payout?

John Mah

17 posts

Posted by John Mah > 6 days ago | Report Abuse

nta at 2.25, fairy vlaue, with the improving tourists to malaysia, with the earning started improve but th share price going down, genm could be a good price bargain at the moment.

Income

10,842 posts

Posted by Income > 6 days ago | Report Abuse

G grading

Income

10,842 posts

Posted by Income > 6 days ago | Report Abuse

Done. Orang Tua, your opinions?

JJPTR

128 posts

Posted by JJPTR > 6 days ago | Report Abuse

GENM will find support @2.4

willsmith

241 posts

Posted by willsmith > 5 days ago | Report Abuse

yes, dividends reflected in BS and cashflow, not reflected in eps.

@LilasIkuta not yet deducted (or adjusted). Ex date is 17 sep.

If you buy for investment, you have to think that quality of earnings from international operations will improve.

Income

10,842 posts

Posted by Income > 4 days ago | Report Abuse

Banyak anai2

Income

10,842 posts

Posted by Income > 4 days ago | Report Abuse

Ge16 is kambinggg. U not scare meh

Limo123

106 posts

Posted by Limo123 > 3 days ago | Report Abuse

I'm not worry of the election or business on going.. I'm worry they don't push the price up and let 99speedmart overtake this to be index components...

Income

10,842 posts

Posted by Income > 3 days ago | Report Abuse

🙏

Donator

993 posts

Posted by Donator > 3 days ago | Report Abuse

Last weekend just visit Genting Highland, still crowded although not school holiday, sunday still many people Q to check in hotel, so can add more ticket, sure gain

Income

10,842 posts

Posted by Income > 2 days ago | Report Abuse

99speedmart if overtake genting… no face …

pangolin

1,012 posts

Posted by pangolin > 2 days ago | Report Abuse

theme park crowed , casino crowded , restaurant crowded , share price tak naik ,
profit up , margin rocket high , share price tak naik ....

speakup

26,658 posts

Posted by speakup > 2 days ago | Report Abuse

aneh kan? Covid already long over but price still stuck at pandemic level, as if no still MCO

Posted by Tedinvestor > 2 days ago | Report Abuse

Using genm to Keep pumping money into a Empire and draining the cash reserves. What a cunning moves from thai

Shines

2,780 posts

Posted by Shines > 1 day ago | Report Abuse

After MCO lives lost, business collapsed, Economy not fully recovered, where got so free and cash rich people to come and gamble

pangolin

1,012 posts

Posted by pangolin > 1 day ago | Report Abuse

to beat bank fd rate with div 15 c (9c+6c)per annum , 2.40 share price is prefect time , then keep in store room , annum return 6 %

Donator

993 posts

Posted by Donator > 1 day ago | Report Abuse

@Shines
Do u visit casino? Go and see what is crowded

RonnyWu

304 posts

Posted by RonnyWu > 1 day ago | Report Abuse

Resorts World Genting owned and operated by Genting Malaysia Bhd, is set to sign a total of five memorandum of understandings (MOUs) worth RM12 million at its first sustainability focused exhibition, Genting SustainBiz F&B Expo at Genting International Convention Centre

https://theedgemalaysia.com/node/726245

RonnyWu

304 posts

Posted by RonnyWu > 1 day ago | Report Abuse

It definitely is crowded

StarOfTheBull

7,803 posts

Posted by StarOfTheBull > 1 day ago | Report Abuse

Will Genting Malaysia allowed the same?

Singapore to allow cashless bets in casinos, except crypto
Bloomberg
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11 Sep 2024, 10:57 AM

Income

10,842 posts

Posted by Income > 22 hours ago | Report Abuse

99speedmart if overtake genting… no face …

Shines

2,780 posts

Posted by Shines > 21 hours ago | Report Abuse

@Donator, I know it is crowded, but still got people say cannot match the pre-covid era. So I explained la

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