GENTING MALAYSIA BERHAD

KLSE (MYR): GENM (4715)

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Last Price

2.70

Today's Change

+0.07 (2.66%)

Day's Change

2.65 - 2.71

Trading Volume

11,553,400


32 people like this.

42,783 comment(s). Last comment by DGxSignal 11 hours ago

i3lurker

13,606 posts

Posted by i3lurker > 2022-01-31 14:43 | Report Abuse

I just checked my CIMB savings account too but nobody credited any money inside.

I am gonna stop using CIMB, its so scary!!!!




Posted by Michael_chan2022 > Jan 31, 2022 2:25 PM | Report Abuse

Look at CIMB.. heavy selling, too! More jialat...

choysun

4,258 posts

Posted by choysun > 2022-01-31 15:45 | Report Abuse

Happy Chinese New Year to all celebrating. Hope the Tiger brings Joy, Health

Tobby

7,397 posts

Posted by Tobby > 2022-01-31 15:51 | Report Abuse

Posted by LALA > Jan 30, 2022 6:50 AM | Report Abuse

Feng shui masters foresee Malaysia to prosper in 2022 with spotlight on tourism despite tough 2021

Answer : Nowadays Feng Shui is not popular! Cannot cari makan in China as it is ban! More of Hong Kong and Malaysia thingy!

Posted by Michael_chan2022 > 2022-01-31 16:03 | Report Abuse

You don't need to be an economist, long-term investors know and understand that....the market and economy will recover eventually.

A Good investors also knows how to positioned himself/herself for such a rebound to add.....their gains. GenM at a price tag 2.70 is cheap...cheap..cheap. Be Strong!

Posted by Michael_chan2022 > 2022-01-31 16:07 | Report Abuse

Panic selling happens when the stock price is rapidly declining....but if you are patience its pays you...STAY STRONG, STAY HEALTHY...Have a wonderful CNY...Cheers! Cheers! x3

Tobby

7,397 posts

Posted by Tobby > 2022-01-31 16:08 | Report Abuse

Michael! Let's hope that quarter result which will be out end of next month show some profit! Again, invetors are wary of Director Lim of late!

Tobby

7,397 posts

Posted by Tobby > 2022-01-31 16:10 | Report Abuse

Anyway, after his GHK saga, i very much doubt he will get easy access to financing with our banks! I mean our banks are badly burn over GHK!

Posted by Michael_chan2022 > 2022-01-31 16:10 | Report Abuse

Close my eyes...trying to imagine the price of GenM in 6 months and......12 months ahead. wow! Heng ar! Ong ar! Huat ar...

Tobby

7,397 posts

Posted by Tobby > 2022-01-31 16:12 | Report Abuse

Michael! Yeah! But result speaks! So we wait!

Posted by Michael_chan2022 > 2022-01-31 16:13 | Report Abuse

Hi Tobby...you're right! relax and have a wonderful time during the CNY holidays

Tobby

7,397 posts

Posted by Tobby > 2022-01-31 16:22 | Report Abuse

Michael! Same to you! Wait for next quarter! Will be out end of Feb!

i3lurker

13,606 posts

Posted by i3lurker > 2022-01-31 16:40 | Report Abuse

automatic blacklist


Tobby Anyway, after his GHK saga, i very much doubt he will get easy access to financing with our banks! I mean our banks are badly burn over GHK!
31/01/2022 4:10 PM

alenac

2,622 posts

Posted by alenac > 2022-01-31 16:52 | Report Abuse

Meaning the short to the medium term he is not bankable. Any expansion or new venture difficult to get financing. Growth will not be fast for the next 5 years for the group going forward.

Posted by i3lurker > Jan 31, 2022 4:40 PM | Report Abuse

automatic blacklist


Tobby Anyway, after his GHK saga, i very much doubt he will get easy access to financing with our banks! I mean our banks are badly burn over GHK!
31/01/2022 4:10 PM

LALA

5,395 posts

Posted by LALA > 2022-01-31 17:27 | Report Abuse

Bankers also have to take risk. Nothing is guaranteed profits. Bankers can’t blame GHK.
Bankers calculated GHK future profits at least 20 times but ....after how many years GHK still bankrupt. How to blame GHK? So smart and brilliant Bankers mind ... Bankers also ATE DUST AT LAST.

ALrookie

126 posts

Posted by ALrookie > 2022-02-01 03:00 | Report Abuse

As soon as GenM opens Casino in full scale, Naysayer gonna call it Daddy

Tobby

7,397 posts

Posted by Tobby > 2022-02-01 04:16 | Report Abuse

GHK close shop because of Covid! Our local banks made their assessment minus Covid! So can't blame anyone! But for Director Lim the implication is huge! He no longer has the privilege to go to banks and ask for money!

Tobby

7,397 posts

Posted by Tobby > 2022-02-01 21:44 | Report Abuse

Now we have confirm opening day for Skyworld! Let's see how the price moves!

LALA

5,395 posts

Posted by LALA > 2022-02-02 09:30 | Report Abuse

Easy for Genting to make money lah. Gong Xi Fa Cai

Posted by MorningGlory123 > 2022-02-02 11:03 | Report Abuse

Singapore reports 6,264 new COVID-19 cases, 3 deaths

SINGAPORE: Singapore reported 6,264 new COVID-19 cases as of noon on Tuesday (Feb 1), comprising 6,120 local and 144 imported infections.


https://www.channelnewsasia.com/singapore/covid-19-new-cases-deaths-feb-1-moh-omicron-icu-hospital-2472531


*Seem global states will face the 5th wave of virus variants spiking very soon

kyliew

1,383 posts

Posted by kyliew > 2022-02-02 12:39 | Report Abuse

Msia also not bad.. 5566 cases yesterday

choysun

4,258 posts

Posted by choysun > 2022-02-02 13:13 | Report Abuse

@MorningGlory123 That is bloody good news wei. Omicron quickly run through community so we can all move towards endemic phase quick. Looking forward to borders opening soon :)

Posted by MorningGlory123 > 2022-02-02 15:07 |

Post removed.Why?

kyliew

1,383 posts

Posted by kyliew > 2022-02-02 15:31 | Report Abuse

5,736 cases today. Stay safe everyone

Posted by Michael_chan2022 > 2022-02-02 17:25 | Report Abuse

恭 喜 發 財 , 恭 喜 ...恭 喜 。
今 天 是 2日 2月 22年 .....2222。
又 是 年 初 二 ...双 双 对 对...好 事 成 双。
兴 啊... 旺 啊 !发 啊 !

LALA

5,395 posts

Posted by LALA > 2022-02-03 09:38 | Report Abuse

CNY Ang Pau

Posted by Michael_chan2022 > 2022-02-03 09:43 | Report Abuse

Very quiet...interesting, naysayers kena stuck at Genting highlands and lost his way home kah? Hahaha...

YOLOorLOL

334 posts

Posted by YOLOorLOL > 2022-02-03 10:07 | Report Abuse

This stock will be the trend for 2022

JovaneChua

417 posts

Posted by JovaneChua > 2022-02-03 11:59 |

Post removed.Why?

OnTime

2,111 posts

Posted by OnTime > 2022-02-03 15:03 | Report Abuse

China and its China Speed.

HONG KONG — A research team in China says it has developed a new type of antibody that could neutralise Omicron and future coronavirus variants.

The surprise discovery — made while researchers were investigating another disease — would put humans "a step ahead in the race" against the pandemic, said lead scientist, Professor Huang Jinghe of Fudan University in Shanghai, on Tuesday (Feb 1).

Prof Huang said their method could turn these natural antibodies into a powerful arsenal to aid the battle against the pandemic. The new antibodies could be produced by a standard method.

"Mass production will not be a problem," she said.

Posted by Michael_chan2022 > 2022-02-03 18:51 | Report Abuse

Bye bye to 2.70. GenM heading to 4.00 in 2022.

Tobby

7,397 posts

Posted by Tobby > 2022-02-03 18:54 | Report Abuse

Michael! Yeah, Genm should be 4.00 by now! Then again, what can we do! We are small players! All depends on big boys now!

Posted by Michael_chan2022 > 2022-02-03 19:02 | Report Abuse

Yeah..Tobby, very good sign, first trading day in the year of Tiger ...GenM has outperformed the market

alvin5588

474 posts

Posted by alvin5588 > 2022-02-04 09:14 | Report Abuse

toward 2.90.. if can stand above 3.00 will great.. bullish sign

Posted by MorningGlory123 > 2022-02-04 14:20 | Report Abuse

Genting HK's Dream Cruises files winding-up application

SINGAPORE - Cruise operator Dream Cruises has filed to be wound up, following its parent company Genting Hong Kong's woes.

This comes two weeks after the operator said it will continue operating cruises here, even after its parent company Genting Hong Kong filed to be wound up last month.

There are still Dream Cruises sailings currently running in Singapore. The Dream Cruises website also showed that there are cruise departures from Singapore scheduled in the coming days, including one as early as Friday (Feb 4)


https://www.straitstimes.com/singapore/consumer/dream-cruises-files-to-be-wound-up-amid-parent-company-woes


*Future growth expected will be impacted by global rating agencies and credibility will be doubt as well

Posted by investor2021trading > 2022-02-04 14:33 | Report Abuse

Genting Malaysia has a venue named Snow Park at Beijing 2022 Winter Olympics, in Zhangjiakou, China.

Posted by MorningGlory123 > 2022-02-04 14:54 |

Post removed.Why?

Posted by MorningGlory123 > 2022-02-04 15:37 | Report Abuse

South Korea extends business curfews as Omicron cases spike

Prime Minister Kim Boo-kyum says extension necessary to slow spread of Omicron after Lunar New Year celebrations.

South Korea extended COVID-19 social distancing rules on Friday for two weeks, including a 9pm curfew for restaurants, bars and gyms, amid soaring cases of the Omicron coronavirus variant.

Prime Minister Kim Boo-kyum said extending the restrictions, which were due to end on Sunday, was necessary to slow the spread of Omicron amid fears the Lunar New Year holiday, which ended on Wednesday, may have fuelled infections.


https://www.aljazeera.com/economy/2022/2/4/south-korea-extends-business-curfews-as-omicron-cases-spike

*Foresee more curfew will be imposed by global state government since virus variants unstoppable spiking

kyliew

1,383 posts

Posted by kyliew > 2022-02-04 16:08 | Report Abuse

7,234 cases reported today.

OnTime

2,111 posts

Posted by OnTime > 2022-02-04 16:29 | Report Abuse

KUALA LUMPUR (Feb 4): The opening of Genting SkyWorlds (GS) will accelerate Genting Malaysia Bhd's (GenM) business recovery trend as it is expected to be a crowd puller, provide new income stream and benefit other facilities within Resorts World Genting (RWG).

RHB Research, in a note, said the imminent opening of GS on Feb 8, 2022 will create excitement among visitors and can potentially lead to higher footfall for RWG.

"The theme park will likely operate at a 50% capacity or 20,000 visitors initially due to the standard operating procedure in place.

"Assuming 10,000 visitors a day, we estimate the theme park alone could contribute an annual earnings before interest, taxes, depreciation, and amortisation of RM210 million to RM290 million," it said.

RHB Research has maintained its 'buy' call for GenM with a target price of RM3.58 as it is a direct beneficiary of tourism recovery play.

As at 11.50am, GenM shares rose one sen to RM2.80 with 2.12 million shares traded.

Meanwhile, RHB Research opined that Genting Hong Kong’s (GenHK) recent announcement on potential cross defaults will unlikely affect GenM as it does not have any holdings in GenHK.

"Its minority shareholders are likely to reject any potential proposal that is related to the bailing out of GenHK," it added.

Posted by MorningGlory123 > 2022-02-04 16:39 |

Post removed.Why?

Posted by MorningGlory123 > 2022-02-04 16:45 |

Post removed.Why?

Posted by MorningGlory123 > 2022-02-04 17:00 |

Post removed.Why?

choysun

4,258 posts

Posted by choysun > 2022-02-04 20:32 | Report Abuse

@shareinvestor888 You rubbing people the wrong way la. We are all investors. Don't scare people away leh

Posted by Jonathan Keung > 2022-02-05 08:56 | Report Abuse

Don't worry just buy genting .upside 3.00+ downside 2.50+

Posted by MorningGlory123 > 2022-02-05 11:09 |

Post removed.Why?

Posted by MorningGlory123 > 2022-02-05 11:11 |

Post removed.Why?

kyliew

1,383 posts

Posted by kyliew > 2022-02-05 11:24 | Report Abuse

Singapore Covid-19 cases alrdy spike to 13,208 cases. Stay safe everyone

Posted by StartOfTheBull > 2022-02-05 13:00 | Report Abuse

US covid-19 deaths surges again although Omicron infection is mild.

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