Posted by skybursa > 2021-01-13 10:33 | Report Abuse

Everyone going for risks now. MCO no longer bothering investors. All green in bursa

Posted by kaitan > 2021-01-13 10:43 | Report Abuse

chances of dividend payout is quite low. Looking at 1.80 post 4QR.

Posted by Bgt 9963 > 2021-01-13 10:45 |

Post removed.Why?

Posted by choysun > 2021-01-13 10:47 | Report Abuse

Aiyo, I no position on Gloves today. No lunch money :(
Nevermind la, watching good show on Genting :)

Posted by skybursa > 2021-01-13 11:57 | Report Abuse

PUBLIC BANK bonus ex date was the reasons behind today rally

Posted by 752_michael_chan > 2021-01-13 12:05 | Report Abuse

Market mood dented by glove stocks

Posted by Dangel > 2021-01-13 12:10 | Report Abuse

Time to accumulate!

Posted by Mytime > 2021-01-13 12:31 | Report Abuse

https://www.klsescreener.com/v2/news/view/777639

Posted by goreng_kaki > 2021-01-13 12:37 | Report Abuse

LOSER GONNA LOSE

HATERS GONNA HATE

Posted by Goldgent > 2021-01-13 12:40 | Report Abuse

The Edge: Resorts World Genting expects decline in visitors amid MCO
https://www.theedgemarkets.com/article/resorts-world-genting-expects-decline-visitors-amid-mco

Posted by wehcant > 2021-01-13 12:42 | Report Abuse

"RWG casino volumes may fully recover to pre-Covid-19 levels in 2H21 aided by tourism incentives and SkyWorlds’ opening. We see FY21 core net profit rebounding to RM275 million and quadrupling to RM1.2 billion in FY22 as Covid-19 subsides" ~ CGS-CIMB analyst

RM1.2 billion? Sure or not?

Posted by Bgt 9963 > 2021-01-13 12:46 |

Post removed.Why?

Posted by Goldgent > 2021-01-13 12:48 | Report Abuse

Sinchew: MCO延长阴影笼罩 云顶双雄股价迅速回弹
https://www.sinchew.com.my/content/content_2409918.html

Posted by stkoay > 2021-01-13 12:50 | Report Abuse

https://www.malaymail.com/news/money/2021/01/13/average-selling-prices-for-rubber-gloves-to-taper-off-in-first-half-of-2021/1939973

Posted by 123eztrade > 2021-01-13 12:54 | Report Abuse

MCO for 3 months..no open shop...what is gonna happen to GENM ??? <2.00 ???

Posted by 752_michael_chan > 2021-01-13 12:56 | Report Abuse

CIMB research expects “RWG casino volumes may fully recover to pre-Covid-19 levels in 2H21 aided by tourism incentives and SkyWorlds’ opening. We see FY21 core net profit rebounding to RM275 million and quadrupling to RM1.2 billion in FY22 as Covid-19 subsides,” wrote analyst Foong Choong Chen.

Accordingly, the analyst trimmed his target price on the counter by 2% to RM2.90, but maintained an “add” call.

Lucky I keep adding... will add more

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

@Goldgent CIMB TP for GenM RM2.90 wor. Good ma.

Posted by Goldgent > 2021-01-13 13:04 | Report Abuse

CIMB-CGS TP 2.90 is the second highest so far. Just behind Macquarie TP 3.35.

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

Full of optimism...Malaysia's economy is set for a strong recovery 2H of this year after a deeper-than-expected slump amid the pandemic outbreak in 2020. Stock market reflects a view of the economy six months in advance..and ho..ho..ho GenM will be in full recovery mode by then

Posted by 752_michael_chan > 2021-01-13 13:39 | Report Abuse

This is a stock to be in V-shaped recovery..Grab early while price is still cheap

Posted by martinbartesque > 2021-01-13 13:40 | Report Abuse

Since the announcement of MCO, GENM has no drop on yesterday and today. In turn, the share price going up. Panic selling is over. What other coming news will be worse than the announcement of MCO? If no, it is difficult for GENM to drop back lower.

Posted by martinbartesque > 2021-01-13 14:32 | Report Abuse

Look for long term. I just bought it n plan to hold until theme park opens. In end 2019, its price was 3.20+-. In 2017 n 2018, its price was above 5.00.

Posted by themeg > 2021-01-13 15:16 | Report Abuse

https://www.theedgemarkets.com/article/resorts-world-genting-expects-d...

My loss forecast for GenM:
Q4 2020 - RM800mil - RM1bil loss
Q1 2021 - RM800mil - RM1bil loss
Q2 2021 - RM500mil - RM700mil loss
Q3 2021 - RM300mil - RM500mil loss
Q4 2021- RM100mil - RM300mil loss

Probably will start breakeven in 2022. This is based on the assumption that COVID gets under control over time, interstate and international travelling allowed.

In view of negative cash flow and loss making, most likely cut dividend for 2021.

Posted by 752_michael_chan > 2021-01-13 15:20 | Report Abuse

We won't wait for you... you can buy it in 2022 then

Posted by Davidl > 2021-01-13 15:36 | Report Abuse

My target is 2.00, still patiently wait for it.

Posted by Bgt 9963 > 2021-01-13 15:37 |

Post removed.Why?

Posted by wehcant > 2021-01-13 15:41 | Report Abuse

Had a site tour to its new outdoor theme park recently. If you had seen its progress, I think you'd more likely to hold or add its stocks.

Posted by tctf > 2021-01-13 15:43 | Report Abuse

Skycasino (Selangor) close, but genting casino (Pahang) is open. Well done Genting Grp

Posted by swagger855 > 2021-01-13 15:43 | Report Abuse

How to ask for market making in warrants issued by cimb?

Posted by JBond007 > 2021-01-13 16:03 | Report Abuse

My forecast for GenM
Q4 2020 & Q1 2021 - loss
Q2 2021 - breakeven
Q3 2021 & Q4 2021- profit
Share market is 6 months forward looking, so current share price is reflecting Jul 2021 condition.

Posted by Bgt 9963 > 2021-01-13 16:03 |

Post removed.Why?

Posted by aliyusof > 2021-01-13 16:20 | Report Abuse

https://www.theedgemarkets.com/article/resorts-world-genting-expects-decline-visitors-amid-mco?type=malaysia

Posted by Bgt 9963 > 2021-01-13 16:21 | Report Abuse

Today is the RAT last 30 days...before the bulls comes charging for Genting...my 2 sens...!

Posted by jeffchan1901 > 2021-01-13 17:27 | Report Abuse

Luckily I added another 20 lots before the price increase further. good good. if drop tomorrow, i will add some more

Posted by 752_michael_chan > 2021-01-13 17:53 | Report Abuse

There's no proven formula in finance to explain how market decide a company's stock price.. we all perceive things differently..assess risk/opportunity differently and that is why the stock markets are so interesting and exciting... see GenM chionging again

Posted by 752_michael_chan > 2021-01-13 17:57 | Report Abuse

Gloves not looking good.. but we need glove lovers to support their stocks.

因接种疫苗无需戴手套 摩根大通续看空手套股
https://www.chinapress.com.my/?p=2358929

Posted by kaitan > 2021-01-13 18:29 | Report Abuse

deadcat bounce

Posted by JohnFarmer458 > 2021-01-13 20:13 | Report Abuse

Health Ministry expects 12 weeks of lockdown needed to flatten Covid-19 curve - Read more: https://www.malaymail.com/news/malaysia/2021/01/13/health-ministry-expects-12-weeks-of-lockdown-needed-to-flatten-covid-19-cur/1940122

Posted by choysun > 2021-01-13 20:17 | Report Abuse

GenT above 200MA and 50MA. GenM above 200MA and about to breach 50MA. Both low RSI. KLCI breaching 20MA. Are the stars aligned for a great rally? HUAT AH!!! :)

Posted by JohnFarmer458 > 2021-01-13 20:20 | Report Abuse

@choysun low volume push , looks like final chance to exit before it slowly goes down to RM1.90

Posted by sieng1987 > 2021-01-13 20:32 | Report Abuse

without tourist do you think its going anywhere?

Posted by choysun > 2021-01-13 21:04 | Report Abuse

Here you go guys, have a read. Genting definitely a good bet this year :)
https://www.theedgemarkets.com/article/analysts-see-cards-improving-gaming-sector-point%C2%A0-attractive-valuation-and-appealing-yields

Posted by choysun > 2021-01-13 21:24 | Report Abuse

@Tobby Vaccine news is the best I think. We know that people will have protection now, with a chance to get closer to norm in the mid term. Good thing about this is Genting Management have gone through the process to optimise operations. Innovate how they do business. This will set them up well going forward.
Looking forward to all the great things falling into place for Genting! :)

Posted by 752_michael_chan > 2021-01-13 21:26 | Report Abuse

https://youtu.be/KPPwT4_7BAc

Posted by stkoay > 2021-01-13 21:26 | Report Abuse

https://www.theedgemarkets.com/article/evening-5-five-things-you-need-know-today-340

JP Morgan reminds investors that gloves are “not needed” while administering vaccinations and says glove prices may have peaked.

While MCO 2.0 is expected to pose economic challenges, HSBC is “quite confident” that economic effects will dissipate quite quickly.

Posted by miniminer > 2021-01-13 21:29 | Report Abuse

Actually the best vaccine is our immunity system and it is free. For high risks group - stay at home with on-line games collect more GP points to be used later after vaccinated. After MCO clean-up, I think will back to new normal again, Genting will be safe for some time then........
With new Theme parks, new hotel in US and new on-line gaming contribution, who cares this year dividend? as long as can get in low enough now, GENM will be our future precious treasures for generation, better than properties/rentals, my target price still RM 3.30 (Ang Pao) ....hehehe.........

Posted by Bgt 9963 > 2021-01-13 21:49 | Report Abuse

Genting...up tomorrow...!

Posted by mita29 > 2021-01-13 21:59 | Report Abuse

"there's only 30 millon malaysians! We only need to vaccinate 2 million or so!"

I'd say at least 80% of population needs to be jabbed to achieve herd immunity and prevent outbreak, adui, we have a long fight ahead, this Covid very stubborn and smart some more with mutation that can make vaccine less effective.

Posted by choysun > 2021-01-13 22:22 | Report Abuse

@mita29 The more we vaccinate, the less infection rate. These two are inverse of each other. Herd immunity is 70-80%.those that have recovered technically have antibodies and could be lower priority. Depends on the strategy of health ministry, it will have different recovery period. If they follow UK strategy, give more people the first jab first and maintain SOPs, we are likely to see the infection numbers drop drastically. There is also no evidence to suggest vaccine is less effective against mutation.
Have you joined us on Genting? Don't wait too long ya. :)

Posted by 752_michael_chan > 2021-01-13 22:31 | Report Abuse

Impact of MCO 2.0 is limited.. buy great stocks on the dip

https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E5%88%86%E6%9E%90%E5%91%98%E7%AE%A1%E6%8E%A7%E4%BB%A420%E5%86%B2%E5%87%BB%E8%BE%83%E8%BD%BB-%E8%B6%81%E4%BD%8E%E5%90%B8%E8%B4%AD%E4%BC%98%E8%B4%A8%E8%82%A1%E8%89%AF%E6%9C%BA