GENTING MALAYSIA BERHAD

KLSE (MYR): GENM (4715)

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Last Price

2.16

Today's Change

+0.04 (1.89%)

Day's Change

2.15 - 2.23

Trading Volume

20,285,800


33 people like this.

43,731 comment(s). Last comment by Balian de Ibelin 3 hours ago

JBond007

1,257 posts

Posted by JBond007 > 2021-01-09 11:31 | Report Abuse

Haha...someone is interested in GenM by blowing water daily. Be patient loh, keep your bullets tightly. In the same time, don't look at other share movement, else you will end up buying other shares. Always remember, your bullets is reserved for GenM only....kikikiki.

Dangel

422 posts

Posted by Dangel > 2021-01-09 11:42 | Report Abuse

Patiently waiting at 2.20!

ChloeTai

1,452 posts

Posted by ChloeTai > 2021-01-09 11:54 | Report Abuse

Got fired by my husband. Regret buying 2.72. Heavy paper lost.

Posted by shareinvestor88 > 2021-01-09 12:12 | Report Abuse

BUY BYE TP 2

IvanC

669 posts

Posted by IvanC > 2021-01-09 12:14 | Report Abuse

waiting at rm2 hehe

limkokthye

6,039 posts

Posted by limkokthye > 2021-01-09 12:15 | Report Abuse

Get burn 9696

Posted by adamwarlock > 2021-01-09 12:26 | Report Abuse

blowing water or not time will prove. my advice is Don't hold A BOMB in hand. Still have thousand over counter to play like semiconduct, utility, oil & g, tech , glove etc but definitely not TOURISM related stock NOW.Unless you can hold the stock for 2-3 years then is fine.

EEEEEEEEH

136 posts

Posted by EEEEEEEEH > 2021-01-09 12:33 | Report Abuse

Cash flow drop more 40% within a year. Is this company worth to buy? Covid-19 still at large and invisible. Gamblers going to risks their live go to casino? If dividend remains the same , cash flow will further drop to 1 billion. Even bank are facing loans defaults. RUUUUUUUUN

EEEEEEEEH

136 posts

Posted by EEEEEEEEH > 2021-01-09 12:52 | Report Abuse

Target price 2. Sellllllllll

skybursa

1,485 posts

Posted by skybursa > 2021-01-09 13:01 | Report Abuse

GENTING BHD better bet than GENM. Singapore GENTING are back in profit. Cash reserves are few times the size of GENM. Genting plantation contribute profit.

choysun

4,413 posts

Posted by choysun > 2021-01-09 13:19 | Report Abuse

@adamwarlock It's not right to spread unverified news on vaccine. They have gone through trials to get to this stage. Governments are going all out to vaccinate. During these times, there may be deaths but not necessarily associated to vaccine. Even before pandemic, people die daily. Vaccines were proven not to have adverse effect during trials, hence approval.

Posted by adamwarlock > 2021-01-09 14:48 | Report Abuse

@choysun thay why I say still under investigation. i never mention word of confirm. pls correct me if I am wrong.

Posted by adamwarlock > 2021-01-09 14:51 | Report Abuse

@choysun the trial conducted too fast aldy. honestly, I won't get vaccination at short term. Monitor first. after confirm is safe, then only accept it.

Posted by adamwarlock > 2021-01-09 15:01 | Report Abuse

All those cases still under INVESTIGATION, yet to establish. Perhap is coincidence. I Don't know. better is coincidence.

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-01-09 15:03 | Report Abuse

Genting..dips buy....

JBond007

1,257 posts

Posted by JBond007 > 2021-01-09 15:23 | Report Abuse

Some updates on New York Online Sports Betting.
Governor Cuomo proposes sole operator in partnership with an existing commercial casino. These casinos are Resorts World Catskills in Monticello, Rivers Casino in Schenectady, del Lago Casino in Tyre near Rochester & Tioga Downs near Binghamton. So GenM has a 25% chance in getting the license via Resorts World Catskills. Low expectation due to 1/4 chance only.
https://www.bloomberg.com/news/articles/2021-01-06/new-york-would-become-top-sports-betting-market-under-cuomo-plan

Posted by 752_michael_chan > 2021-01-09 15:26 | Report Abuse

Not many shorties will short this... and hold on the short.. these short sellers may kena burn when the stock surges

Posted by adamwarlock > 2021-01-09 15:36 | Report Abuse

Nw day Online sport betting (illegal) everywhere. Very simply to get an account to bet exactly like casino. roulette, baccarat,blackjack, football betting and so on. variety of game. I Don't think is good news even he get the license.The actual good news is border open, covid mitigate, thempark open, stimulus aid for tourism sector by gov.

Posted by adamwarlock > 2021-01-09 15:58 | Report Abuse

sorry, I miss out another good catalyst, is vaccine regardless from us or china provided it effectively, safe and no serious side effect. by then, sure genm will bck to his actual value.

mita29

1,064 posts

Posted by mita29 > 2021-01-09 16:03 | Report Abuse

I don't like reading this guys. Choysun plz come cheer things up https://www.malaymail.com/news/world/2021/01/09/south-african-coronavirus-variant-detected-in-reinfection-case-in-brazil-sa/1938726

Posted by shareinvestor88 > 2021-01-09 16:06 | Report Abuse

BYE BUY TP 2

OnTime

2,188 posts

Posted by OnTime > 2021-01-09 16:36 | Report Abuse

resurgence of virus and lockdowns will do serious damage to genm.

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-01-09 17:24 | Report Abuse

Yaloh.....

skybursa

1,485 posts

Posted by skybursa > 2021-01-09 17:29 | Report Abuse

Just hold risks will over by 2022. I'm not so sure about this year.

Nepo

3,433 posts

Posted by Nepo > 2021-01-09 17:33 | Report Abuse

Omg..cut loss on Monday..

skybursa

1,485 posts

Posted by skybursa > 2021-01-09 17:36 | Report Abuse

No need to panic if you are long-term investor

OnTime

2,188 posts

Posted by OnTime > 2021-01-09 18:02 | Report Abuse

next week may present a good opportunity to get in.

Posted by Godstock8888 > 2021-01-09 18:23 | Report Abuse

Monday big discount I sure will sapu , pls sell

Posted by Start_0f_the_bull > 2021-01-09 18:48 | Report Abuse

Possible MCO announcement Monday evening. Gaming sectors Magnum, Sports Toto including casino maybe affected so very likely Monday maybe panic sell and continue to Tuesday morning section. Just my 2 cents.

SDR245

1,675 posts

Posted by SDR245 > 2021-01-09 18:57 | Report Abuse

No total lockdown. Stricter SOP.

Posted by adamwarlock > 2021-01-09 19:02 | Report Abuse

probably partial lock down plus tighten SOP. ban travel

Posted by 752_michael_chan > 2021-01-09 19:21 | Report Abuse

https://www.malaymail.com/news/money/2021/01/09/bursa-malaysia-to-move-cautiously-higher-next-week/1938791

If want to short also have to think twice hor...next week come our turn to rally

EEEEEEEEH

136 posts

Posted by EEEEEEEEH > 2021-01-09 20:24 | Report Abuse

Travel restrictions already enough to kill Genm. Target 2

EEEEEEEEH

136 posts

Posted by EEEEEEEEH > 2021-01-09 20:33 | Report Abuse

Covid-19 emerged at workers canteen.

EEEEEEEEH

136 posts

Posted by EEEEEEEEH > 2021-01-09 20:51 | Report Abuse

BIG sales on Monday.

choysun

4,413 posts

Posted by choysun > 2021-01-09 22:55 | Report Abuse

It's nice to see so much interest in Genting, sales or not sales. That's really good news. Come one come all, join Team Genting! :)

Posted by shareinvestor88 > 2021-01-09 23:19 | Report Abuse

BYE BUY TP 2

kaitan

176 posts

Posted by kaitan > 2021-01-10 00:19 | Report Abuse

adamwarlock thanks for sharing. The problem is, govt says no choice in which vaccine you are allowed to take, just take what they give you. For me, no way I want mRNA vaccines like Pfizer one, bell's palsy and sudden death, I rather not gamble, depend on own immunity better. Non-mRNA vaccines can consider.

Posted by adamwarlock > 2021-01-10 01:22 | Report Abuse

kaitan you are welcome. bell's palsy horrible.Half face paralyse. But percentage low lah. anyway, to me I will further monitor first. let other people to do the vaccination first. Once confirmed everything is fine then only inject. I not dare to try.

Posted by adamwarlock > 2021-01-10 01:29 | Report Abuse

By the way, I hv no offense here. jz share my perspective. sorry to genm believer if my analysis made u all felt uncomfortable and piss off. Fortunately, the buddies here seem quite mature. didn't act aggressively like other counter forum. good luck all. finger cross

Shines

2,824 posts

Posted by Shines > 2021-01-10 07:58 | Report Abuse

Got cases is not really a big matter, quarantine, test, sanitised and follow strict SOP rules. Will be back to normal soon, doesnt warrant to throw their $$$ just like that, unless they know something we dont know, cheers.

Posted by stocksyndicate > 2021-01-10 08:11 | Report Abuse

I personally don't encourage to buy now. But if you bought low just hold on as the storm will be over in a few months. And diversity your portfolios with defensive counter(utilities).

UnkleLim

511 posts

Posted by UnkleLim > 2021-01-10 08:44 | Report Abuse

Ya lor. Not really a big matter. But still many people making huha here and there say life important than money.faster MCO lol. Malaysian never think, only know panic

Posted by Godstock8888 > 2021-01-10 08:56 | Report Abuse

The smart investor will collect Genm at low price . If back to low price just top up , my target top up price 2.2 , 2 , 1.9 if this happen, keep buy and hold until Genm outdoor theme park open , covid 19 cases reduces , it's a best time to 建倉

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