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.

43,730 comment(s). Last comment by Income 4 hours ago

emsvsi

3,519 posts

Posted by emsvsi > 2021-01-16 15:20 | Report Abuse

You don't know valuations and finance better to keep quiet. Just keep following the glove herd...I remember seeing a drawing of the herd all moving together...until the end of the road...and then all together falling off the cliff...which is actually surprisingly gasps kinda like...the situation in gloves...with retailers right now ha ha ha

emsvsi

3,519 posts

Posted by emsvsi > 2021-01-16 15:27 | Report Abuse

Gloves give you dividends...but your capital loss...can cover boh ha ha ha (its a rhetorical question, we all know you guys are suffering every second of every day as vaccines are produced...)

My advice to glove lovers is keep buying and averaging down...then sell house sell property sell land sell family take on margin and keep buying...then pray there is a rebound for you to cut loss because if it doesnt come then margin call will come when glove share price reverts back to pre-covid levels as history has shown repeatedly after every pandemic...ho ho ho

Posted by shareinvestor88 > 2021-01-16 15:51 | Report Abuse

BATFLY PLEASE DON'T SPREAD PANIC

kaitan

176 posts

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

Borrow more to give out Dividends?? Wah, great financial advice LOL!!!
By the way, both gloves and Genm cannot buy lar. One PE is too high, another PE is... error because no earnings.

Posted by 752_michael_chan > 2021-01-16 16:19 | Report Abuse

Whether invest in gloves or Genting, there are risks la...Apa risks itu?? It is the risk of investment declining in value because of economic developments (ok mah, economic to expand by 6% in 2021) or other events (eg. MCO, ok also, it's temporary niah..) that affect the entire market.
The question now is which has a higher risk, for GenM, ok la.. bottom could be @2.30 but for glove stocks, the danger is you don't know where is the bottom. Probably will fall below the pre pandemic level

Posted by 752_michael_chan > 2021-01-16 16:23 | Report Abuse

Saying so much.. we are still hoping you guys not to abandon your stocks, market needs your support hor

UnkleLim

511 posts

Posted by UnkleLim > 2021-01-16 16:52 | Report Abuse

Genm drop last drop around 2.3 to 2.5 is roughly 10% return. You ask genm investors, will they let go genm at 10% return? Mostly will say no.

But if you buy topglove at 6 and it jump 6.6, I’m sure many people will take profit and see how it’s going.

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-01-16 16:56 | Report Abuse

For myself...TP 3.50 -4.00...

drkelvin20

694 posts

Posted by drkelvin20 > 2021-01-16 17:46 | Report Abuse

We have witnessed back in March 20 and another time during last year, where Genm dipped bottom to around rm2 or slightly below...That bottom has now gone into everybody mindset, and in my opinion it will be very unlikely GENM will dip to RM 2 in upcoming months even with some storms possibly happen.

The justification is simple. If you hold GENM, and if storm coming, during panic sale, the share price drop...Will you sell at RM 2? The answer is very unlikely, because you have witnessed the GENM bottom at close to rm 2 before, and you will not want to sell at bottom low to miss the rebound.

SO I think the current share price is pretty solid, even if there is a storm, the share price may stay at 2.3++...

On the other hand, with the active vaccine roll out, there will be more and more positive news...especially if in upcoming weeks, if the vaccines prove to work for the mutated virus, if that happens and news come, the market will rebound very very strongly all over, most recovery stocks will make gains...

In my opinion, stock market is always looking 6 months++ ahead. That is why glove counters shot up unbelivably before..But now, given active vaccine roll out, unlikely glove stocks will make much gain in near future, despite super good profit now....The answer is, market is looking months ahead...The market is looking what is gonna happen in months ahead.


That is why, I am holding on the GENM position..if it dip to rm 2.3++ below, I will buy more.

Just my two cents to share with fellow investors here.

Disclaimer: above not constitute for recommendation to buy or sell, invest on own study, coz risk on own.

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-01-16 17:54 |

Post removed.Why?

Mytime

112 posts

Posted by Mytime > 2021-01-16 19:02 | Report Abuse

More covid-19 cases.Good news for tourism. Buy more coz record covid-19 at 4,029 today.

Mytime

112 posts

Posted by Mytime > 2021-01-16 19:04 | Report Abuse

Lots of covid-19 customers waiting to visit Genting resort. BUYYYYYYYYYY

Posted by shareinvestor88 > 2021-01-16 19:16 | Report Abuse

my time please don't spread panic here

EEEEEEEEH

136 posts

Posted by EEEEEEEEH > 2021-01-16 19:20 | Report Abuse

Covid-19 will bring explosive earnings to genm. So sad gloves counter coz too many orders in hands.

Keyman188

5,968 posts

Posted by Keyman188 > 2021-01-16 19:20 | Report Abuse

OMG...still strong holding above 2.40 liao...


Aiyo... this karma + retribution so-hai + dumb coward finally turn up!!!


We all so long didn't heard "are you creating panic"...."please don't spread panic"...."No hope , sell"...."BUY BUY or BYE BYE"...."Buy bye"...


Hello unexpected you still alive !!!....Don't be coward hiding again......


Genting Group shareholders need you now to give more & more speech...


A lot of members here still not enough accumulation QUOTA......


Where is your tp 1 / 1.50 !!!......Ooh..so sorry, this karma + retribution so-hai coward had changed tp again to 2.00...



Long long waiting until the neck longer than giraffe......kekeke...kekeke...

EEEEEEEEH

136 posts

Posted by EEEEEEEEH > 2021-01-16 19:22 | Report Abuse

Genm good buy with support from covid-19. Haha Haha Haha

EEEEEEEEH

136 posts

Posted by EEEEEEEEH > 2021-01-16 19:23 | Report Abuse

Sparkling results in 1st quarter of 2021. Thanks mostly to covid-19

EDINVESTOR

597 posts

Posted by EDINVESTOR > 2021-01-16 19:26 | Report Abuse

Is a TRAP!!!!!!!!!!!
Target price RM 1

Mytime

112 posts

Posted by Mytime > 2021-01-16 19:28 | Report Abuse

@shareinvestor88 I'm not spreading panic. Is a buy call from me. Buyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy

apple168

6,236 posts

Posted by apple168 > 2021-01-16 19:36 |

Post removed.Why?

apple168

6,236 posts

Posted by apple168 > 2021-01-16 19:37 |

Post removed.Why?

bose00

1,081 posts

Posted by bose00 > 2021-01-16 19:47 | Report Abuse

Current trend is reverse..
gaming stocks more losses , the higher the share price
gloves stocks high earning, the lower the share price

so make your own call ..

Mytime

112 posts

Posted by Mytime > 2021-01-16 19:48 | Report Abuse

Yes genm a good buy with strong covid-19. Sell your house, car underwear, allllllll in

Mytime

112 posts

Posted by Mytime > 2021-01-16 19:50 | Report Abuse

IB will increase GENM target price next Monday. Very bullish with covid-19 play

EEEEEEEEH

136 posts

Posted by EEEEEEEEH > 2021-01-16 19:52 | Report Abuse

Loan shark OPR cut next week. Borrow more to buy genm.

apple168

6,236 posts

Posted by apple168 > 2021-01-16 19:53 | Report Abuse

Big data revealed that COVID-19 in Malaysia is expected to be in exponential increases i.e. increases in multiples every couple of days! Experts are using graph of pandemic spread by logarithmic scale.

apple168

6,236 posts

Posted by apple168 > 2021-01-16 19:55 | Report Abuse

Enforcement officers hv many check points in every single corners in Klang valley, soon will happen in Pahang! Doubt any customers can reach Genting for holidays!

Posted by shareinvestor88 > 2021-01-16 19:56 | Report Abuse

apple168 please don't spread panic

Posted by shareinvestor88 > 2021-01-16 19:57 | Report Abuse

EDINVESTOR TP 1 IS IMPOSSIBLE , maybe TP 1.50 TO 2

freddiehero

16,722 posts

Posted by freddiehero > 2021-01-16 20:19 | Report Abuse

i remember 0.50 but now 2.50 very far away.. sad

Mytime

112 posts

Posted by Mytime > 2021-01-16 20:24 | Report Abuse

Bullish signal buy. Huge numbers covid-19 tourists visiting Genting resort soon. Huge revenues and strong cash flow coming up

Mytime

112 posts

Posted by Mytime > 2021-01-16 20:25 | Report Abuse

Target price -3.50

Posted by shareinvestor88 > 2021-01-16 20:41 | Report Abuse

my time please don't spread PANIC

Posted by 752_michael_chan > 2021-01-16 20:55 | Report Abuse

Hello be sympathetic lei...pls think about those investors who buying at the high of 5, 6 or even higher prices and still holding on their GenM shares..yet you guys are spreading panic here

choysun

4,412 posts

Posted by choysun > 2021-01-16 21:07 | Report Abuse

Increased testing, higher numbers lo. TG 4 factories probably contributed quite high numbers. Chill la, if tomorrow numbers are lower, no one says anything... Hahaha

Posted by 752_michael_chan > 2021-01-16 21:09 | Report Abuse

Glove manufacturers could be the real culprits behind this latest covid-19 exponential growth..and then glove lovers happily going round spreading panic. Morally it is not right hor..

EEEEEEEEH

136 posts

Posted by EEEEEEEEH > 2021-01-16 21:22 | Report Abuse

Dont worry Covid are not under interstate travel control. They are free to visit Genting. No wonder earlier i heard hotel room was fully booked. Some in this forum claimed earlier.

Posted by stocksyndicate > 2021-01-16 21:42 | Report Abuse

Recovery stocks will be hit hard. Diversify your potfolio

themeg

319 posts

Posted by themeg > 2021-01-16 21:42 | Report Abuse

Don't be a hero and visit Genting these few weeks, stay at home otherwise we will hit 5k daily cases soon, followed by 8k daily cases by March...Health is the most important, Casino will always be last in priority...

https://www.malaymail.com/news/malaysia/2021/01/16/after-new-covid-19-cases-skyrocket-dr-noor-hisham-says-worse-to-come-if-mco/1941131

emsvsi

3,519 posts

Posted by emsvsi > 2021-01-16 21:44 |

Post removed.Why?

themeg

319 posts

Posted by themeg > 2021-01-16 21:44 | Report Abuse

If LKT is smart he will cut dividend in 2021 and 2022, Genting needs to reserve more cash to recover from this pandemic...

Posted by stocksyndicate > 2021-01-16 21:46 | Report Abuse

Stay safe stay at home. Keep your investment safe by diversified

Posted by stocksyndicate > 2021-01-16 21:48 | Report Abuse

Pay dividend without cash flow are insane.

themeg

319 posts

Posted by themeg > 2021-01-16 21:48 | Report Abuse

Without glove manufacturers the covid death toll worldwide would be 10million not 2million, please show some respect...glove saves lives, casino destroys lives...

Who's gonna pay the salaries of government servants and public services without tax revenue from glove manufacturers?

Mytime

112 posts

Posted by Mytime > 2021-01-16 21:53 | Report Abuse

Gambling also save life. A lot of addicts sell wife and daughter just for gambling. Many borrowed Ah long just to support Lim family hahaha. Sinners will punish

Mytime

112 posts

Posted by Mytime > 2021-01-16 22:07 | Report Abuse

Buyyyyyyyyyyyy target price revise upward to minus 3.50 buyyyyyyy

Mytime

112 posts

Posted by Mytime > 2021-01-16 22:16 | Report Abuse

China cities lockdown. Building new emergency hospital to accommodate patients.
Lock here lock there everywhere lock

EDINVESTOR

597 posts

Posted by EDINVESTOR > 2021-01-16 22:18 | Report Abuse

Wonder where are those hard promoters? Sleeping? Hope you don't have nightmares.

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