GENTING MALAYSIA BERHAD

KLSE (MYR): GENM (4715)

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Last Price

2.63

Today's Change

+0.02 (0.77%)

Day's Change

2.61 - 2.64

Trading Volume

6,429,900


32 people like this.

42,769 comment(s). Last comment by ivanlau 19 hours ago

Posted by everest29029 > 2022-02-08 13:03 | Report Abuse

Skyworld theme park profitability very much depends on the outdoor weather. Ask yourself these questions, how often did you go outside when you visit Genting & for how long did you stay outside? How often was the weather good? This theme park could turned into a white elephant due to miscalculation of the weather.

Tobby

7,397 posts

Posted by Tobby > 2022-02-08 13:10 | Report Abuse

Everest! Skyworld is a 10 years in making! Before that, Genting had outdoor theme park! And yeah, you are right, totally depends on weather! Anyway, at last Skyworld is open for business! The wait is just way too long!

choysun

4,254 posts

Posted by choysun > 2022-02-08 13:21 | Report Abuse

Hold on tight to your seats guys!
https://m.malaysiakini.com/news/609873

Shines

2,740 posts

Posted by Shines > 2022-02-08 13:27 | Report Abuse

@everest想到定没命了dont think too deep

Posted by everest29029 > 2022-02-08 13:30 | Report Abuse

Forsee a lot of the outdoor park rides getting stoppages due to weather and breakdowns due to the humidity. 6000 ft above sea level. All you can catch are foggy photos & cold....maybe omi...hahaha

Posted by sharesinvestor888 > 2022-02-08 13:32 | Report Abuse

Agree @Tobby. I had been to the outdoors at Genting Highlands for past 30 years since very young…. Excellent weather most of the time. I love the cold, cooling weather at Resorts World Genting

Posted by everest29029 > 2022-02-08 13:44 | Report Abuse

Soon there will be plenty of foggy pictures & videos of disappointment on social media. Mark my words..

emsvsi

3,514 posts

Posted by emsvsi > 2022-02-08 13:48 | Report Abuse

NAME EVEREST29029 BUT BRAIN AT DRAIN HA HA HA

Calafate

314 posts

Posted by Calafate > 2022-02-08 14:13 | Report Abuse

Recovery stock on the move!
Mesyuarat MPN | Sempadan negara dibuka sepenuhnya 1 Mac ini
https://www.youtube.com/watch?v=b4tm873UooY

Agjl

5,621 posts

Posted by Agjl > 2022-02-08 14:59 | Report Abuse

I still remember when k was young i like to take picture in a foggy weather. I can show mu frens i gone to genting. Its something we small kids can boast about last time.

Everest bro, u shld know most people go there to expect foggy and rainy at times and cold….like tat baru macam pergi genting!!

Agjl

5,621 posts

Posted by Agjl > 2022-02-08 15:03 | Report Abuse

Full opening of international border will see the influx of visitors from singapore, indonesia, brunei and thailand to its outdoor theme park. Its the icing on the cake

kaitan

172 posts

Posted by kaitan > 2022-02-08 15:21 | Report Abuse

chart looks abit like Mt Everest... sorry couldn't help it..

OnTime

2,106 posts

Posted by OnTime > 2022-02-08 15:28 | Report Abuse

This is the real Ang Pow finally shows up

Posted by sharesinvestor888 > 2022-02-08 15:38 | Report Abuse

Angpow during CNY :)

OnTime

2,106 posts

Posted by OnTime > 2022-02-08 15:42 | Report Abuse

Malaysia very berani, no mandatory quarantine very soon! Goooooooooooooooooo Genting!

Posted by everest29029 > 2022-02-08 15:42 | Report Abuse

hahaha...don't get stuck when O2 is out..

OnTime

2,106 posts

Posted by OnTime > 2022-02-08 15:43 | Report Abuse

don't swim against the tide lah

Posted by StartOfTheBull > 2022-02-08 15:50 | Report Abuse

See? No need to be angry at the naysayers, they can't affect the share price. Now everybody happy, right?

vincent

53 posts

Posted by vincent > 2022-02-08 15:52 | Report Abuse

skyworld skyway

choysun

4,254 posts

Posted by choysun > 2022-02-08 15:52 | Report Abuse

Hold tight tight. Recovery engine started liao. HUAT AH!!! :)

OnTime

2,106 posts

Posted by OnTime > 2022-02-08 15:57 | Report Abuse

Asked if the reopening is only for selected countries, Mr Muhyiddin replied: "The reopening is for ALL countries."

Posted by Bluemoon20 > 2022-02-08 16:00 | Report Abuse

this is the moment i waited for so long ... pls dont u-turn... climb higher pls...

OnTime

2,106 posts

Posted by OnTime > 2022-02-08 16:07 | Report Abuse

what's up with that 2 weeds?

Posted by Harimaukecik > 2022-02-08 16:11 | Report Abuse

shoot to the sky...up up away!

Posted by bullmarket1628 > 2022-02-08 16:48 | Report Abuse

Super great news !
Malaysia's National Recovery Council agrees to fully reopen borders without quarantine by March

Rashvinjeet S Bedi
08 Feb 2022 03:19PM (Updated: 08 Feb 2022 03:19PM)

https://www.channelnewsasia.com/asia/malaysia-reopen-borders-no-quarantine-mar-1-muhyiddin-national-recovery-council-2485591

ks5S

4,601 posts

Posted by ks5S > 2022-02-08 17:23 | Report Abuse

china attack genm. sure reach 4.00

Plantermen

2,114 posts

Posted by Plantermen > 2022-02-08 17:32 | Report Abuse

Well done. Strong closing for Hokkien ney year

Yu_and_Mee

3,442 posts

Posted by Yu_and_Mee > 2022-02-08 19:51 | Report Abuse

Border open is not confirmed. Tomorrow will back to square.

Yu_and_Mee

3,442 posts

Posted by Yu_and_Mee > 2022-02-08 19:52 | Report Abuse

It was just a proposal, according to news from radio.

choysun

4,254 posts

Posted by choysun > 2022-02-08 20:13 | Report Abuse

@Yu_and_Mee So it will still go up higher once confirmed? Woo hoo, RM4, here we come! :)

LALA

5,395 posts

Posted by LALA > 2022-02-08 20:15 | Report Abuse

Reopening.
Kung Xi Fa Cai... Genting Malaysia punya LUCK.

ken2004

1,425 posts

Posted by ken2004 > 2022-02-08 20:16 | Report Abuse

So optimistic that the peak of Covid will be over by the end of Feb?

LALA

5,395 posts

Posted by LALA > 2022-02-08 20:16 | Report Abuse

All the way to RM4++

LALA

5,395 posts

Posted by LALA > 2022-02-08 20:19 | Report Abuse

Omicron changes to OhMicron.
Micro Covid lah. Yahoooo
You know, I know lah.

JBond007

1,257 posts

Posted by JBond007 > 2022-02-08 22:01 | Report Abuse

Wow already above MA200.
Those want to join party, maybe can try 2.88.

Posted by BuySoLow SellEvenLower > 2022-02-08 23:28 | Report Abuse

During CNY you play with fire crackers, you get fingers burnt. But after CNY if you play with GenM, Kaboom, you get a big fat angpow !. GenM will be hosting a Tiger dance and Omicron will not stand a chance.

Posted by NatsukoMishima > 2022-02-08 23:35 | Report Abuse

Malaysia fully open boarder in March ! Good news !

Posted by Harimaukecik > 2022-02-09 09:29 | Report Abuse

hopefully today can continue trend yesterday ....huat ah

riffin

60 posts

Posted by riffin > 2022-02-09 10:10 | Report Abuse

The Genting SkyWorlds theme park, which will open its doors tomorrow, will accelerate Genting Malaysia Bhd’s business recovery as it should be a crowd puller, and provide a new income stream while also benefiting other facilities within Resorts World Genting

riffin

60 posts

Posted by riffin > 2022-02-09 10:10 | Report Abuse

there will be a 20% discount for ticket prices during the soft launch as there are some attractions undergoing the final commissioning process and are still unavailable to the public. The theme park will likely operate at 50% capacity (full capacity: 20,000 visitors at a time) initially due to the SOP in place. Assuming 10,000 visitors a day, we estimate the theme park alone could contribute an annual ebitda of RM210-290 million

riffin

60 posts

Posted by riffin > 2022-02-09 10:10 | Report Abuse

RWG’s overall business recovery in fourth-quarter 2021 (Q4’21) was strong despite some slight disruption resulting from the December landslide.

riffin

60 posts

Posted by riffin > 2022-02-09 10:11 | Report Abuse

Even though the crowd at SkyAvenue during our recent site visit (Jan 27) was visibly less, this could be due to it being a weekday. We believe RWG’s business will continue to recover strongly, especially once SkyWorlds opens as it should be a crowd puller and benefit other facilities within RWG through higher footfall.

riffin

60 posts

Posted by riffin > 2022-02-09 10:11 | Report Abuse

Despite the challenges posed by the Covid-19 Omicron variant globally, December 2021 gross gaming revenue (GGR) recorded from Resorts World New York City and Resorts World Catskills stood well – at 90-95% of pre-pandemic levels. On the launch of mobile sports betting platforms in New York by some operators since Jan 8, 2022, the state is on track to set a record for the highest monthly mobile sports betting money wagered among all states in the United States. Given the strong interest seen, Empire Resorts (ER) will benefit greatly once it launches its own platform.

riffin

60 posts

Posted by riffin > 2022-02-09 10:13 | Report Abuse

Genting Malaysia direct beneficiary of tourism recovery play. The imminent opening of Genting SkyWorlds will create excitement among visitors, and can potentially lead to higher footfall to RWG. Valuation is inexpensive. Further upside could come from ER’s ongoing turnaround, especially when New York state mobile sportsbook’s GGR is showing promising growth week-on-week .

Posted by NatsukoMishima > 2022-02-09 10:21 | Report Abuse

Some say will fully open , some say not , wth !

omakase

17 posts

Posted by omakase > 2022-02-09 10:54 | Report Abuse

invest invest

OnTime

2,106 posts

Posted by OnTime > 2022-02-09 11:25 | Report Abuse

777

Plantermen

2,114 posts

Posted by Plantermen > 2022-02-09 13:13 | Report Abuse

No official decision on opening borders. Most likely further relaxations on the self testing vaccinated tourist

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