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.

43,723 comment(s). Last comment by Balian de Ibelin 14 minutes ago

Posted by investortrader88 > 2021-02-23 16:08 | Report Abuse

gen m continue to fly.congrats guys .

flyerteam

30 posts

Posted by flyerteam > 2021-02-23 16:30 | Report Abuse

2.90 is a resistance in my 2 cents opinion
let's see how it goes
preparing my bullets ahahahah

ongth60

557 posts

Posted by ongth60 > 2021-02-23 16:40 | Report Abuse

Mana itu themeg?

gogogogo

964 posts

Posted by gogogogo > 2021-02-23 16:42 | Report Abuse

correction? just start engine ma

gogogogo

964 posts

Posted by gogogogo > 2021-02-23 16:43 | Report Abuse

higher low, should be higher high

ongth60

557 posts

Posted by ongth60 > 2021-02-23 16:44 | Report Abuse

I thought tobby sold at 2:58 then kpkb that he miss the ride up?Another paid scammer...

ongth60

557 posts

Posted by ongth60 > 2021-02-23 16:46 | Report Abuse

Should always higher high and not take profit during the run up..First time gamble in genting meh? Let the win run until it slipped t

DestinyL

4,744 posts

Posted by DestinyL > 2021-02-23 16:55 | Report Abuse

Tobby is obviously a short term trader

DestinyL

4,744 posts

Posted by DestinyL > 2021-02-23 16:56 | Report Abuse

But GenM isn't best for traders :)

Keyman188

5,968 posts

Posted by Keyman188 > 2021-02-23 17:02 | Report Abuse

We’re on a ‘one-way road to freedom,’ Boris Johnson tells Britain after Covid lockdowns.

(PUBLISHED MON, FEB 22 20212:23 PM ESTUPDATED MON, FEB 22 20213:13 PM EST)

~ The lockdown easing for England will “at every stage be dependent on data not dates,” U.K. Prime Minister Boris Johnson said Monday evening.

~ The first step will see schools in England reopen on March 8.

~ The last, planned for June 21, will see the abolishment of all limits on mixing and the reopening of any sectors that remain closed.

~ Johnson confirmed that over 17.7 million Britons had received their first dose of a coronavirus vaccine.

LONDON — U.K. Prime Minister Boris Johnson had some good news for the country on Monday after months of lockdown, saying an “unparalleled” vaccination program meant it was “now traveling on a one-way road to freedom.”

The lockdown easing for England will come in a number of steps and will “at every stage be dependent on data not dates,” he said. The first step will see schools in England reopen on March 8. The last, planned for June 21, will see the abolishment of all limits on mixing and the reopening of any sectors that remain closed, such as nightclubs.

It comes as Johnson confirmed that over 17.7 million Britons had received their first dose of a coronavirus vaccine.

“Nearly a year after this pandemic began, this unparalleled national effort has decisively shifted the odds in our favor,” Johnson said in a press conference Monday evening. “We no longer have to rely simply on lockdowns.”

He added: “With every day that goes by, this program of vaccinations is creating a shield around the entire population, which means that we are now traveling on a one-way road to freedom and we can begin safely to restart our lives and do it with confidence.”

Cont...

## https://www.cnbc.com/2021/02/22/were-on-a-one-way-road-to-freedom-boris-johnson-tells-britain-.html


-------------Continue To Boost Boost Great News Again -----------------------------------

shearer202

1,550 posts

Posted by shearer202 > 2021-02-23 17:13 | Report Abuse

Hit 2.9 already !

emsvsi

3,519 posts

Posted by emsvsi > 2021-02-23 17:36 | Report Abuse

Welcome gregjpearn to the Genting Malaysia forum where the House always wins :)

Posted by 752_michael_chan > 2021-02-23 18:30 | Report Abuse

https://youtu.be/cM__8bDF_sk
GenM boleh

Posted by 752_michael_chan > 2021-02-23 19:12 | Report Abuse

Ang moh's markets red..red.
Coming to the end of the financial reporting season, the bear could have taken over the driver seat... this volatility may last for weeks.

Posted by 752_michael_chan > 2021-02-23 19:12 | Report Abuse

Tobby could be right..this time. Hehe..

ongth60

557 posts

Posted by ongth60 > 2021-02-23 19:52 | Report Abuse

You want to bet against 1.9 trillion covid package approved in the coming weeks?

LewisLewis

118 posts

Posted by LewisLewis > 2021-02-23 20:13 | Report Abuse

fair enough, no news base it on technical, now with catalysts, interesting times ahead

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-02-23 20:26 |

Post removed.Why?

Posted by shareinvestor88 > 2021-02-23 20:41 |

Post removed.Why?

limkokthye

6,039 posts

Posted by limkokthye > 2021-02-23 21:47 | Report Abuse

lkt will borrow from imf

Genm4715

12 posts

Posted by Genm4715 > 2021-02-23 22:19 | Report Abuse

Hallo Brother, buddy,
Early this morning become tiny share holder again
Miss you all more than 6 months, Back to GENM , GENTING family again,

shearer202

1,550 posts

Posted by shearer202 > 2021-02-23 22:37 | Report Abuse

Tomorrow 2.30pm live : Our Pm become hero to administer pfizer vaccine ! The moment he jab the moment genm reach Tp = 3 !

Posted by gearupguy889 > 2021-02-24 09:03 | Report Abuse

foreign fund inflow.. time to enjoy good buck!!!

Moc Nokin

222 posts

Posted by Moc Nokin > 2021-02-24 09:07 | Report Abuse

Outdoor theme skyworld open? Finally genting FLY
Enjoy my breakfast.. Wakakaka!

shearer202

1,550 posts

Posted by shearer202 > 2021-02-24 09:30 | Report Abuse

云顶是不会倒的! 林国泰加油! Tp = 3 today 2.30pm !

Posted by gearupguy889 > 2021-02-24 09:40 | Report Abuse

uncle lim is back!!!

ongth60

557 posts

Posted by ongth60 > 2021-02-24 09:56 | Report Abuse

Genm-c88 is attractive if you think genm can up further, not tracking to mother share

Posted by investortrader88 > 2021-02-24 10:11 | Report Abuse

huat ahhh.congrats gen supporters !

Goldgent

1,348 posts

Posted by Goldgent > 2021-02-24 10:37 | Report Abuse

The Edge: Opening of theme park by mid-2021, raises optimism of Genting group’s prospects
https://www.theedgemarkets.com/article/opening-theme-park-mid2021-raises-optimism-genting-groups-prospects

LewisLewis

118 posts

Posted by LewisLewis > 2021-02-24 10:37 | Report Abuse

before covid share price also havent factor in outdoor theme park... hmmmm, up up up?

Donator

1,141 posts

Posted by Donator > 2021-02-24 10:40 | Report Abuse

wait PM cucuk vaccine and no die... GENM will fly...

Posted by gearupguy889 > 2021-02-24 10:44 | Report Abuse

Among analysts tracked by Bloomberg, of the 16 research firms covering GENM, 10 have 'buy' calls, five 'hold' recommendations and one 'sell'.

JP Morgan has the highest target price of RM4.

https://www.theedgemarkets.com/article/opening-theme-park-mid2021-raises-optimism-genting-groups-prospects

ongth60

557 posts

Posted by ongth60 > 2021-02-24 10:51 | Report Abuse

apple168 is but hurt, being trying to bring down the price, a glove supporter

ongth60

557 posts

Posted by ongth60 > 2021-02-24 10:52 | Report Abuse

Next milestone is the 1.9 trillion package, once approve, the foreign money will follow in..

apple168

6,236 posts

Posted by apple168 > 2021-02-24 11:11 | Report Abuse

请看Genting Skyworlds片段。
https://www.youtube.com/watch?v=mt-YEoo4S5A&feature=youtu.be

Genting Skyworlds 吸引力在哪里呀?老实说,Skyworlds都比不上Universal Studios那么有魅力!Skyworlds还能为云顶制造财富吗?!

本人愚见,见谅。谢谢。

Posted by TradeMeSideways > 2021-02-24 11:35 | Report Abuse

Why is the TP so low?

Genting Malaysia (Neutral, TP: RM2.20): Resorts World Genting invests over USD800m in Genting SkyWorlds. Genting Malaysia’s Resorts World Genting (RWG) has spent over USD800m on the long-awaited theme park. Genting SkyWorld, which is targeted to be ready and open to the public by the mid of this year, is now in the final stages. (The Edge)

curly2328

42 posts

Posted by curly2328 > 2021-02-24 11:36 | Report Abuse

the most attractive place in Malaysia...

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-02-24 11:39 |

Post removed.Why?

limkokthye

6,039 posts

Posted by limkokthye > 2021-02-24 12:45 | Report Abuse

Cb genm can't break 3.00

Keyman188

5,968 posts

Posted by Keyman188 > 2021-02-24 13:06 | Report Abuse

Opening of theme park by mid-2021, raises optimism of Genting group’s prospects

(theedgemarkets.com / February 24, 2021 09:00 am +08)

KUALA LUMPUR (Feb 24): Genting Malaysia Bhd’s outdoor theme park Genting SkyWorlds, in which it has invested US$800 million, will open in the middle of this year.

The news gave a big boost to the casino operator’s share price as the investing fraternity took it as a positive sign that GENM’s operation will return to normal soon after the shutdown caused by the pandemic.

GENM’s share price climbed close to a one-year high of RM2.87 on Tuesday. Its trading volume ballooned to 33.82 million shares, exceeding its 200-day average volume of 14.3 million shares.

Meanwhile, its parent company Genting Bhd climbed 17 sen or 3.8% to RM4.65 with 18.06 million shares traded.

“It took us a number of years, but the important thing is that we are committed to the park. We are going to ensure that it opens,” said Resorts World Genting’s head of business operations and strategies Lee Thiam Kit in a virtual media briefing on Tuesday.

“We are almost ready. We are putting the finishing touches on this amazing theme park, which we believe will be Southeast Asia’s most-anticipated theme park. We believe we will deliver the very best experience to our guests throughout this journey,” Lee added.

Spanning across 26 acres, the theme park will have 26 rides and attractions. It will be able to accommodate some 20,000 tourists.

Among analysts tracked by Bloomberg, of the 16 research firms covering GENM, 10 have 'buy' calls, five 'hold' recommendations and one 'sell' with an average target price (TP) of RM2.90. JP Morgan has the highest target price of RM4.

Maybank Kim Eng Holdings Ltd regional gaming analyst Samuel Yin Shao Yang attributed the share price climb to the news of Resorts World Genting’s outdoor theme park Genting SkyWorld that is scheduled to be open in the middle of this year as well as the vaccination rollout.

Another gaming analyst, who declined to be named, said it was a “surprise” that GenM confirmed that it is targeting to launch the theme park in mid-year.

However, the analyst pointed out that earnings recovery would only materialise in the next financial year ending Dec 31, 2022 (FY22) as it takes time for the vaccination programme to be completed.

Nonetheless, as vaccinations in the US and the UK are proceeding at a very fast pace, this may bode well for GENM’s operations in these countries.

The analyst noted that the 1QFY21 performance is likely to be affected by the reimplementation of the Movement Control Order (MCO) or the one month of closure in operations, coupled with the still closed overseas casinos such as in the UK.

GENM is expected to release its fourth quarter earnings this Thursday.

Maybank Kim Eng’s Yin concurred that the prospects of GENM’s recovery will be very much dependent on the pace of the vaccination rollout.

Meanwhile, TA Securities Holdings Bhd analyst Tan Kam Meng said the operating environment is less harsh and threatening now with the vaccine rollouts worldwide.

“Future lockdowns are unnecessary once we achieve herd immunity against Covid-19,” he added.


## https://www.theedgemarkets.com/article/opening-theme-park-mid2021-raises-optimism-genting-groups-prospects

Keyman188

5,968 posts

Posted by Keyman188 > 2021-02-24 13:06 | Report Abuse

Suddenly outlook & review are turn to positive & optimism....

choysun

4,412 posts

Posted by choysun > 2021-02-24 14:00 | Report Abuse

@Tobby Why you always sell so fast la... You know there are so many good news all lined up throughout the year dy. Should have just hold until at least next year ma... :p

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