GENTING MALAYSIA BERHAD

KLSE (MYR): GENM (4715)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

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 1 hour ago

Posted by Zeroinvestor > 2021-01-12 21:31 | Report Abuse

3.92 to 4.18

choysun

4,412 posts

Posted by choysun > 2021-01-12 22:44 | Report Abuse

Pharmaniaga to do fill and finish, and later manufacture the vaccine too. Great news for Malaysia both from vaccination plan and tech transfer perspective.
https://www.malaymail.com/news/malaysia/2021/01/12/malaysias-pharmaniaga-signs-covid-19-vaccine-agreement-with-chinas-sinovac/1939689

Posted by shareinvestor88 > 2021-01-12 23:01 | Report Abuse

BUY BYE TP 2

Posted by shareinvestor88 > 2021-01-12 23:01 | Report Abuse

politics is gonna get worse

limkokthye

6,039 posts

Posted by limkokthye > 2021-01-12 23:32 | Report Abuse

No more undi undi anymore

chokin

152 posts

Posted by chokin > 2021-01-12 23:50 | Report Abuse

Today Genting's price is a final radiance of the setting sun, there is really nothing worthy to get excited about.

choysun

4,412 posts

Posted by choysun > 2021-01-13 00:46 | Report Abuse

@chokin It's always darkest before the dawn :)

choysun

4,412 posts

Posted by choysun > 2021-01-13 01:24 | Report Abuse

Look at this video at point 26:10. Dr Campbell hypothesise that you will probably have immunity for a long time. Right now he is saying at least 8 months coz that's the data we have thus far based on tracked timeline. That's great news for mankind! :)
https://youtu.be/dzvNcckyd5g

Nepo

3,433 posts

Posted by Nepo > 2021-01-13 05:33 | Report Abuse

◤新冠又一年◢ 雪 云天娱乐场暂时关闭 彭 云顶娱乐场照常营业
https://www.chinapress.com.my/?p=2358018

Genting Casino still allow to operate as Pahang no mco

Posted by 752_michael_chan > 2021-01-13 06:05 | Report Abuse

This is interesting, 原来GenM 横跨两个州... one foot in Selangor, another in Pahang. Consider partially close during the MCO

Posted by 752_michael_chan > 2021-01-13 06:06 | Report Abuse

Business as usual.. Good

Posted by 752_michael_chan > 2021-01-13 06:08 | Report Abuse

Gloves..??. better run before regret. GenM still a better bet

摩根大通 续看空 手套股
https://www.chinapress.com.my/?p=2357912

calvin69

171 posts

Posted by calvin69 > 2021-01-13 06:23 | Report Abuse

I think we will see a further sell-down in domestic plays today as UK/US investors would have only had the chance to assess the state of emergency and worsening Covid situation overnight. Could be ugly

Posted by stocksyndicate > 2021-01-13 06:30 | Report Abuse

Glove still generate huge income. Genm right now still at loss. I owned both. Unless covid-19 cases drop below 200 cases a day than things might turn around. Speeding recovery for tourism is unlikely.

Posted by stocksyndicate > 2021-01-13 06:33 | Report Abuse

70 % our country gdp coming from selangor, KL,Penang, johore.

EEEEEEEEH

136 posts

Posted by EEEEEEEEH > 2021-01-13 06:41 | Report Abuse

Gloves still carried out share buyback while Genting group stop doing that for months. WHY??????? Because their cash are running low. Stop lying to yourself that things okay.

Posted by 752_michael_chan > 2021-01-13 07:12 | Report Abuse

Don't tell me Morgan Stanley is lying..and you can see from the RSS list...everyone is short-selling the gloves but not Genting & GenM. Can you explain why?

Posted by 752_michael_chan > 2021-01-13 07:17 | Report Abuse

I am thinking of adding my holding...hope to hear from multiple perspectives

apple168

6,236 posts

Posted by apple168 > 2021-01-13 07:20 | Report Abuse

Our big data revealed to us that 90% of stocks will plunge down severely! Stay out of the market! Keep cash! Cash is king!

EEEEEEEEH

136 posts

Posted by EEEEEEEEH > 2021-01-13 07:24 | Report Abuse

Nobody short sell a counter is a good fundamental counter? No short sell means a profitable counter? Public bank also no short selling

apple168

6,236 posts

Posted by apple168 > 2021-01-13 07:24 | Report Abuse

Majority of the states in MCO! Klang valley citizens are the major local tourists as for the past few weeks. With restrictions in traveling due to MCO and recent COVID-19 outbreak in Genting Highland, who will go to there anymore? Just pondering, Good Luck!

Mytime

112 posts

Posted by Mytime > 2021-01-13 07:34 | Report Abuse

Previously Genting offered free room for members. And can get a hotel room by redeeming points, at low points without paying cash. Casino less than 50% of patrons. Don't argued with me coz I been there myself. Christmas season suppose to be fill with visitors but not in 2020. Sorry to disappoint you again. CASH FLOW ARE SHRINKING. SELLLLLLLLLL

EDINVESTOR

597 posts

Posted by EDINVESTOR > 2021-01-13 07:59 | Report Abuse

Don't celebrate if you see green yesterday. Politic currently are seriously bad for market. Genm still suffering & not booming. Fundamental negative. If you said good buy than please explain to me which section of the business are doing well? None of them making profit. Casino revenues not even enough to cover expenses. Hotel occupied because of free rooms & heavy discount. Free meal coupons. Those having friends working at Genting will knows the real story. True is hard. Trade on your own risks.

EDINVESTOR

597 posts

Posted by EDINVESTOR > 2021-01-13 08:08 | Report Abuse

A company who paid dividend with a sustainable cash flow is a good managed company. Genm burning their cash reserves more quickly instead of building more.

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2021-01-13 08:13 | Report Abuse

diam 7 edinvestor,

invest is talking about future not current,

after vaccine inject, everything will back to normal,

if you wait till that time GENM give out a super profit result only buy in,

you will only buy and stuck at high floor

no matter you agreed or not

current invest trend is like this

buy on rumor and

sell on news

you and me both are small fish only

dont against the trend ok

Posted by adamwarlock > 2021-01-13 08:16 | Report Abuse

752-Micheal you say business as usual jz comfort urself. The fact is struggling for survival and what EDINVESTOR say is correct, the casino profit not enough to cover expenses. Pls refer bck the company financial report. Then you will know how huge the expenses even aldy redundancy. I predict in coming 2 consecutive QR still incurred big losses.

EDINVESTOR

597 posts

Posted by EDINVESTOR > 2021-01-13 08:17 | Report Abuse

Goreng_kaki What exactly is small fish to you? I had no idea how much you hold? But I'm kinda bigger fish than you. You know what the future ahead? Sell on news ? I agreed. Sell on bad news. Genm are all bad news

Goldgent

1,348 posts

Posted by Goldgent > 2021-01-13 08:21 | Report Abuse

England: Genting Casino Southport to close, 38 jobs at risk
https://www.yogonet.com/international/noticias/2021/01/12/56022-england-genting-casino-southport-to-close-38-jobs-at-risk

bose00

1,081 posts

Posted by bose00 > 2021-01-13 08:25 | Report Abuse

i afraid next quarter genting can no longer giveout dividend, the cash reserve is burning out fast.
go read the quarter report then you 'll know.

bose00

1,081 posts

Posted by bose00 > 2021-01-13 08:27 | Report Abuse

however the downside is limited, already priced-in

Posted by 752_michael_chan > 2021-01-13 08:29 | Report Abuse

Wah!..Thanks for all the inputs. GenM is the best value bet at current low price. Market is there for us to make money.. Just accumulate at low price

Posted by 752_michael_chan > 2021-01-13 08:30 | Report Abuse

If current price is not low...then what price is considered low... ?? Accumulate!!

choysun

4,412 posts

Posted by choysun > 2021-01-13 08:31 | Report Abuse

Those worried short term pain, come back later at 3.00 lo :p

JBond007

1,257 posts

Posted by JBond007 > 2021-01-13 08:34 | Report Abuse

Yesterday surprisingly up, not down,
Today select your lucky number & buy queue again
Down 3% = 2.37, down 5% = 2.32, down 8% = 2.26, down 10% = 2.22, limit down 15% = 2.13

wehcant

1,259 posts

Posted by wehcant > 2021-01-13 08:34 | Report Abuse

There are more naysayers than positivists.
No wonder there are more losers in stocks trading than winners.

Posted by adamwarlock > 2021-01-13 08:42 | Report Abuse

The Genm current situation not optimistic. mco and cmco probably will extend until after CNY if the covid fail to mitigate.If couldn't made profit at CNY you imagine hw the impact. whole 2021 should be no hope. Maybe 2022 onward only start to made profit if covid under control. But how about if the covid still persist? the recovery may take even longer time.

Posted by 752_michael_chan > 2021-01-13 08:43 | Report Abuse

@JBond007 you guess limit down... but often market m moves in the other direction lei..I would bet the opposite. We shall see..

Posted by 752_michael_chan > 2021-01-13 08:45 | Report Abuse

Market sentiment today so..so..... not good also not bad.

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-01-13 08:49 |

Post removed.Why?

skybursa

1,485 posts

Posted by skybursa > 2021-01-13 08:49 | Report Abuse

Short & medium terms doesn't looks good for GENM. But I believed 2022 should be recovering & 2023 should be normal provided US casino stop dragging down with more provision. This counter mean for long-term investor with strong risks appetites.

Posted by adamwarlock > 2021-01-13 08:51 | Report Abuse

@wehcant We are not naysayer instead telling the truth. Don't fall in love with a single stock. I ever trade genm before and also made profit previously.But nw not the timing you play TOURISM related stock. ur hand will burn in short term.

JBond007

1,257 posts

Posted by JBond007 > 2021-01-13 08:56 | Report Abuse

@752_michael_chan...I sold some shares last week. Yesterday regretted after seeing AirAsia, Airport, GenM & Genting all went up instead of going down. So need to bottom fish again to buyback that portion of shares.

Posted by 752_michael_chan > 2021-01-13 08:59 | Report Abuse

@JBond007 I Wwsh you all the best of luck

Posted by 752_michael_chan > 2021-01-13 09:09 | Report Abuse

Market is full of optimism...chiong ar!

drkelvin20

694 posts

Posted by drkelvin20 > 2021-01-13 09:42 | Report Abuse

actually over all these years of investment, my findings on share up trend or downtrend....

Its always true on the Buffet famous qoute "Be greedy when market fear, Be alert when market too hot".

It proved to be right again and again, yesterday and monday most people expect the Gemn and Genting dip bottom to RM2 and RM3++... BUt they didn't....

Market are always againts all wishes and predictions...That is why in share market only less than 10% making sustainable profit.

What I mean here, in my opinion...to win the market we have to think out of the box, when most people predict it market down, that is the moment we can seriously consider to buy in...If most people bet on GenM and Genting downtrend in 2021. In my opinion, I would go against everybody wish, to actually buy in 2021.

Coz I know market will not follow majority wish. But it will catch all in surprise...

Just my Two cent.

Disclaimer: This do not constitute sell or buy call. Risk on own. Tq.

OnionK1ng

91 posts

Posted by OnionK1ng > 2021-01-13 10:00 | Report Abuse

Whoah, the bad news is not bad news at all

meadow1628

1,084 posts

Posted by meadow1628 > 2021-01-13 10:08 | Report Abuse

Indonesia Is First to Approve Sinovac Vaccine Outside China
https://www.wsj.com/articles/indonesia-is-first-to-approve-sinovac-vaccine-outside-china-11610372933

meadow1628

1,084 posts

Posted by meadow1628 > 2021-01-13 10:09 | Report Abuse

Indonesia COVID vaccination to start Wednesday using Sinovac drug
https://asia.nikkei.com/Spotlight/Coronavirus/Indonesia-COVID-vaccination-to-start-Wednesday-using-Sinovac-drug

Donator

1,141 posts

Posted by Donator > 2021-01-13 10:13 | Report Abuse

no more discount......

Goldgent

1,348 posts

Posted by Goldgent > 2021-01-13 10:14 | Report Abuse

The Star: Delay in earnings recovery
https://www.thestar.com.my/business/business-news/2021/01/13/delay-in-earnings-recovery

Post a Comment