GENTING MALAYSIA BERHAD

KLSE (MYR): GENM (4715)

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Last Price

2.23

Today's Change

+0.11 (5.19%)

Day's Change

2.16 - 2.23

Trading Volume

6,719,300


33 people like this.

43,710 comment(s). Last comment by Balian de Ibelin 7 minutes ago

limkokthye

6,039 posts

Posted by limkokthye > 2021-04-10 15:41 | Report Abuse

https://www.thestar.com.my/news/nation/2021/04/10/jail-time-for-nicky-gang-members
nicky liow , ini kali liow liow, can find liow tiong lai , lai lai lai ,jail liow, keong gan liow

limkokthye

6,039 posts

Posted by limkokthye > 2021-04-10 20:13 | Report Abuse

Topglove supermax come again

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-04-10 20:18 |

Post removed.Why?

Tesla

905 posts

Posted by Tesla > 2021-04-10 22:04 | Report Abuse

bye bye GENM... sleep well!

pang72

51,628 posts

Posted by pang72 > 2021-04-12 11:41 | Report Abuse

Sold and come back later

carilembu

1,252 posts

Posted by carilembu > 2021-04-12 16:52 | Report Abuse

looks like sideway or down some more for a while until LKT buys back...

Ubah_

352 posts

Posted by Ubah_ > 2021-04-13 11:44 | Report Abuse

Interstate travel still ban is good news?

limkokthye

6,039 posts

Posted by limkokthye > 2021-04-13 15:21 | Report Abuse

today covid case 17xx, c liao

limkokthye

6,039 posts

Posted by limkokthye > 2021-04-13 19:57 | Report Abuse

faster invest in coin, all coin up like mad

limkokthye

6,039 posts

Posted by limkokthye > 2021-04-13 23:06 | Report Abuse

tomorow stock will down because Japan will release more than one million tonnes of radioactive water from the destroyed Fukushima nuclear plant into the Pacific Ocean.

Posted by Sweetchocalates > 2021-04-14 00:23 | Report Abuse

Why?

Keyman188

5,968 posts

Posted by Keyman188 > 2021-04-14 07:41 | Report Abuse

IMF projects Asia's economy to grow 7.6 pct this year, warns of "huge uncertainty"

(Source: Xinhua| 2021-04-13 23:29:38|Editor: huaxia)


WASHINGTON, April 13 (Xinhua) -- Asia's economy is expected to grow by 7.6 percent this year, the International Monetary Fund (IMF) said Tuesday, while warning of "huge uncertainty" surrounding the projections.

"The pandemic has resulted in unprecedented output losses in the Asia-Pacific region," Jonathan D. Ostry, acting director of the IMF's Asia and Pacific Department, said during a virtual news conference.

The pandemic is receding in some countries, elsewhere, "second or third waves of infections are raging," notably in India and some of the ASEAN economies, he noted, referring to the Association of Southeast Asian Nations.

Noting that divergence is multi-dimensional, namely across countries, and within countries across sectors, age groups, gender and skill level, Ostry said a region known for its trademark growth-with-equity model now runs the risk of "entrenching excessive inequality."

For China, growth has been marked up to 8.4 percent this year due to stronger net exports, reflecting higher global growth and the U.S. fiscal stimulus, according to the IMF.

India, meanwhile, has seen a more sizeable upward revision to 12.5 percent on account of continued normalization of its economy and a more growth-friendly fiscal policy, "but the current surge in infections presents a worrisome downside risk," Ostry said.

He noted that there is huge uncertainty surrounding Asia's projections, highlighting downside risks such as setbacks in vaccine rollouts, questions about the potency of the vaccine against new variants of the disease, and a resurgence of the virus.

The changing external environment is also a central driver of risk in the region, given Asia's outward orientation to trade and capital flows, Ostry said.

"If U.S. yields rise faster than markets expect, or if there is miscommunication about future U.S. monetary policy, adverse spillovers through financial channels and capital outflows, as during the 2013 taper tantrum, could present challenges by compromising macro-financial stability," he said.

Noting that trade has been a powerful driver of growth and poverty alleviation in Asia for decades, Ostry said restrictions that impede trade need to be reduced, and the easing of trade and technology tensions and facilitation of digital trade would provide a welcome boost to growth.


## http://www.xinhuanet.com/english/2021-04/13/c_139878455.htm

Keyman188

5,968 posts

Posted by Keyman188 > 2021-04-14 07:41 | Report Abuse

Cautiously optimistic projections...

xxxx

1,406 posts

Posted by xxxx > 2021-04-14 07:44 | Report Abuse

I will only believe that stocks will be down if Mad Dog fires a nuclear device into the Sea of Japan.

Posted by FakeVaccines > 2021-04-14 08:23 | Report Abuse

world Covid cases is coming back new high soon
is time to Cash out all bluechips stock !!!!!
is time to collect glove

Posted by PocketAllTheRockets > 2021-04-14 08:31 | Report Abuse

look at the clown upstairs, still wanna play fire with gloves lol, if you're not prepared to lose alot, dont even think of going near gloves again

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-04-14 08:44 |

Post removed.Why?

Posted by FakeVaccines > 2021-04-14 08:49 | Report Abuse

2.5 coming soon
world covid cases is time break new high!!!
Wave 4 coming !!!
is time run all bluechip!!
india 185k cases

robert88888

1,177 posts

Posted by robert88888 > 2021-04-14 09:33 | Report Abuse

Covid seems like endless.....

emsvsi

3,519 posts

Posted by emsvsi > 2021-04-14 09:49 | Report Abuse

We have turned positive on the long-term prospects of GenM as we believe that GenM is expected to see an exponential YoY profit growth in FY22. However, we believe that FY21 performance will be weaker than expected as the inter-state travel ban for populous states like the Klang Valley, Johor and Penang are still in place. However, we believe that investors would start to look beyond FY21 due to the timeline of vaccine rollouts and lower trend of Covid-19 cases. We opine that SkyWorlds theme park would also be a catalyst for GenM’s recovery in FY22 . Hence we roll forward our SOP valuations from FY21 to FY22, upgrading our HOLD call to a BUY call at TP of RM3.55.

Weathering through FY21. We believe that FY21 will continue to be very challenging for GenM as inter-state travel is still banned. We now expect the inter-state travel ban to be in place for 1 more month and this would imply a footfall of less than 15% for a total of 4 months for RWG since the inception of MCO2.0.

V shaped recovery is expected in FY22. We expect a significant YoY recovery for GenM in FY22 due to the timeline of vaccine rollouts and we are confident that Malaysia will achieve some form of normalcy in FY22. We believe that the public’s willingness to travel would be positively correlated with the vaccination rates in the country.

SkyWorlds theme park to boost footfall into RWG. SkyWorlds, which is slated to open by 1H21, features 9 movie and adventure inspired worlds that will include 26 rides and attractions with more to come in the future. Skyworlds currently owns the IPs (Intellectual Properties) for Rio and Ice Age and are planning on complementing existing IPs with homegrown IPs. The Company plans to introduce other IPs to the park as well in the future. Recall that GenM has reached a settlement with 20th Century Fox and Walt Disney in 2019 in relation to the development of its theme park, which was supposed to be named 20th Century Fox World. The settlement has allowed GenM a license to use certain Fox IPs. We believe that the main beneficiary from its SkyWorld theme park would be its casinos and occupancy rates for its hotels as families would frequent RWG more since it would be a place of attraction for both adults and kids.

Forecast. We downgrade FY21 earnings from RM669m to a loss of -RM74.2m due to the longer than expected inter-state travel ban while leaving our FY22 earnings assumption unchanged.

Upgrade to BUY at TP of RM3.55. We have upgraded our SOP-derived TP to RM3.55 (from RM2.67) despite our downgrade in FY21 earnings as we roll forward our valuation to FY22. We believe that investors would start to look ahead with plenty of positives in the pipeline like the (i) lifting of inter-state travel ban (ii) higher vaccination rate and lower fears of Covid-19 infections and (iii) opening of Skyworlds theme park.

Source: Hong Leong Investment Bank Research - 14 Apr 2021

https://cdn1.i3investor.com/my/files/dfgs88n/2021/04/14/1536400536--242436800.pdf

Posted by FakeVaccines > 2021-04-14 11:02 | Report Abuse

2.5 coming soon

Moc Nokin

222 posts

Posted by Moc Nokin > 2021-04-14 14:13 | Report Abuse

Run!!!!!!!!
All come to Digi stock!!!!!!!

Posted by FakeVaccines > 2021-04-14 15:21 | Report Abuse

don’t touch recover stock now !!
time to drop

limkokthye

6,039 posts

Posted by limkokthye > 2021-04-14 15:49 | Report Abuse

faster drop more, i want to buy more

IvanC

669 posts

Posted by IvanC > 2021-04-14 15:51 | Report Abuse

Might MCO again... Runnn!!!

Posted by WinningBenning > 2021-04-14 15:52 | Report Abuse

Target price forecast are good for next year. But, current price is expected to retrace from now on.

limkokthye

6,039 posts

Posted by limkokthye > 2021-04-14 15:58 | Report Abuse

10% drop from 3.30 , 10 % drop from 5.50

Nepo

3,432 posts

Posted by Nepo > 2021-04-14 18:43 | Report Abuse

I die die waiting for RM 2.9x

limkokthye

6,039 posts

Posted by limkokthye > 2021-04-14 18:57 | Report Abuse

interstate dono when can open leh?
nobody know

limkokthye

6,039 posts

Posted by limkokthye > 2021-04-14 18:58 | Report Abuse

i think this month sure covid boom, because allow solat this solat that, yesterday near my area masjid full of ppl, now good luck to them la

limkokthye

6,039 posts

Posted by limkokthye > 2021-04-14 20:51 | Report Abuse

topglove time, lwc smile again

limkokthye

6,039 posts

Posted by limkokthye > 2021-04-14 21:02 | Report Abuse

c lor c lor https://www.utusan.com.my/berita/2021/04/3000-pek-bubur-lambuk-kampung-baru-diedar-sehari/ everyday 3000 ppl come to queue ,

limkokthye

6,039 posts

Posted by limkokthye > 2021-04-14 21:03 | Report Abuse

boom liao boom liao , keong gan liao everyday 3000, 30 days 3000ppl come then spread sprread spread everywhere,

Calafate

314 posts

Posted by Calafate > 2021-04-14 21:09 | Report Abuse

【行家论股】云顶大马 2022财年料V型复苏
https://www.youtube.com/watch?v=1Ar2vqCidvw&t=17s

Posted by FakeVaccines > 2021-04-14 22:33 | Report Abuse

Covid Wave 4 coming soon
wait 2.5

Posted by FakeVaccines > 2021-04-14 22:34 | Report Abuse

better don’t touch bluechip stock now!
will waterfall soon

ceelo87

405 posts

Posted by ceelo87 > 2021-04-14 22:44 | Report Abuse

wait below 3...hmm

ceelo87

405 posts

Posted by ceelo87 > 2021-04-14 22:44 | Report Abuse

so many reports saying genting recovery...better dun buy yet. lol

Posted by Ahmadahmad88 > 2021-04-14 22:47 | Report Abuse

bad ib guys want to dump

Posted by FakeVaccines > 2021-04-15 07:49 | Report Abuse

World covid cases 800k !!!!!
india 200k !!!!!!
Break new high soon
malaysia also keep raising!!!
Wave 4 coming!!!
Vaccine is useless???????????????

Run run run

Bluechip recover stock Crash soon

Posted by CovidWave4 > 2021-04-15 08:56 | Report Abuse

wait 2

Tony008

124 posts

Posted by Tony008 > 2021-04-15 10:16 | Report Abuse

Why all the forum got silly troopers like FakeVaccines, duh. Pls get a life bro if u r not get paid for this.
When a counter down, no need make big hoohah coz we r making money elsewhere also.
But standby bullet to start accumulate GENM when dip. In long run, GENM still a winner for sure

padanggrus

166 posts

Posted by padanggrus > 2021-04-15 10:17 | Report Abuse

每天跌一点 , 不小心就 破3.05 ,
之前和你们讲 , 还有条傻嗨 教我 看 大TREND
你真的已为 LKT 开慈善机构的咩 ?
这种成交量 能不跌咩?
这样子没成交量, 分分钟跌破2.85
股息派了 , 又批了新股 , 又拿钱去了外国 ,
还是看成交量吧 , 下跌趋势要等量,
不过要小心看大户会不会 trap 糕你
一天突然量升 , 第二天量跌 价又跌 ,
就要小心了!
永远记住 , 大户的成本很淋低 ,

这波的成本在 1.8~2 ,
算他们 rm2 进货 , 他们那时买 100股 ,
在rm3 , 他们卖了 66.6 股 ,
接下来那33.3股 成本是 零 !

Alfonso

3,116 posts

Posted by Alfonso > 2021-04-15 10:41 | Report Abuse

no need worry lah drop a bit only ikan bilis started to scared, this stock very good mah, drop until 2.5 everybody lagi happy, can buy in cheap price. I steady lah, stock up or down me going to yumcha @ genting every weekend. Dont ask how i go, i got my way.

Posted by UlarTedung > 2021-04-15 10:52 | Report Abuse

Ramadan bazaar caused 4th wave?

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