Posted by Investmalaysiaa > 2022-08-26 07:29 | Report Abuse

Higher upside for genp

Posted by alextan5680 > 2022-08-26 08:30 | Report Abuse

https://windscopo2.blogspot.com/2022/08/5-genm4715-2022-q2.html

Posted by alextan5680 > 2022-08-26 08:38 | Report Abuse

https://www.sinchew.com.my/20220825/8%E6%9C%8831%E6%97%A5%E7%94%9F%E6%95%88-%E5%87%BA%E5%85%A5%E4%B8%AD%E5%9B%BD%E5%8F%96%E6%B6%88pcr/

Posted by Nepo > 2022-08-26 10:01 | Report Abuse

Prospects
The global economic environment is expected to remain challenging from continued headwinds posed by
geopolitical tensions and reduced macroeconomic support amid high inflation. Whilst set against the backdrop
of slowing global growth, economic recovery momentum in Malaysia is expected to persist, supported by
domestic demand.
17
3) Prospects (Cont’d)
The recovery in international travel demand is expected to continue alongside the easing or removal of travel
restrictions and reopening of markets. However, concerns of a weakening global economy may delay its
recovery trajectory.
The Group is cautiously optimistic on the near-term outlook of the leisure and hospitality industry but remains
positive in the longer-term.
In Malaysia, the Group will continue to optimise yield contributions by focusing on key business segments and
database marketing efforts. Following the lifting of COVID-19 restrictions nationwide and the reopening of
national borders, the Group will continue to ramp up operations and capitalise on demand for integrated resort
offerings. In addition, the Group will leverage its assets to attract foreign and domestic visitations to RWG to
drive revenue growth. Up to three additional rides at Genting SkyWorlds are expected to be commissioned within
the fourth quarter of 2022. Investments in targeted events and promotions will also be made to drive leisure
traffic at RWG.
In the UK, the Group remains vigilant of the challenges implicit in the current operating environment.
Nevertheless, business has continued to recover well, and the Group will keep focusing on strategies to grow
its market share in both the core and London segments. These include exploring opportunities to add capacity
to the Group’s existing offerings to strengthen the resilience of the Group’s business. At the same time, emphasis
will be placed on improving overall business efficiencies and optimising costs to enhance the Group’s operational
agility as the Group sustains its recovery momentum.
In the US, the Group remains focused on leveraging synergies between RWNYC and Resorts World Catskills
to reinforce its strong local market exposure and maintain its position as the leading gaming operator in the
northeast US region. As the Group continues to ramp up operations at RWNYC, the Group will keep driving
business volumes through increased direct marketing efforts and promotions. Meanwhile, the development of
the Group’s new video gaming facility in New York, Resorts World Hudson Valley, is well underway and is
targeted to open by the end of the year. In the Bahamas, the further relaxation of COVID-19 related restrictions
are expected to boost travel demand into the country. The Group will focus efforts towards capitalising on this
pent-up demand by enhancing cross-marketing initiatives, in addition to leveraging partnerships with renowned
brands to drive higher visitation to Resorts World Bimini.

Posted by Tannlee > 2022-08-26 11:41 | Report Abuse

China has opened it’s border to it’s international students and it’s imminent it’ll open it’s border very soon, this will augur well for GenM from the influx of Chinese tourists.

Posted by Nepo > 2022-08-26 12:06 | Report Abuse

Bad QR

Posted by yong1985cm > 2022-08-26 14:48 | Report Abuse

why is the Bimini's assets recognised additional impairment loss of RM71m? it had aldy impaired in the past with accumulated amount of about RM300m as at 31/12/21. I actualy expect GENM starting to reverse all these impairment loss gradually due to the economy slowly turn good, but who know this Qtr still recognised RM70mil.

what happen to RW Binimi ? If not bcz of these RM70mil loss, this QR PATAMI would be +ve ady.

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

Don’t worry. When the BOD recommends 6 Sen dividend, it already hints a very good sign.

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

Amid inflation and interest hike era, strong positive cash flow business is the KING!

Posted by bullmarket1628 > 2022-09-03 08:06 | Report Abuse

After 3 years pandemic already end, 
next year onwards surely is the years of recovery and economy start booming time ! 

Like previously economy downturn period of:

1)Crisis 1986-1990 start booming 1993 to 1997

2)Crisis 1997-2000 start booming 2003 to 2006 

3)Crisis 2006-2010 start booming 2013 to 2016 

4)Crisis 2016-2022 start booming 2023 to 2027 



So, our economy and KLSE will be spike up like mad start from year 2023 which is next year and i predict our KLSE this round of bull run start 2023 will hit it’s record high of around 2,000 points ! 



Heng Ah, Ong Ah, Huat Ah !

Posted by dustin > 2022-09-03 15:15 | Report Abuse

Heating pads are a form of heat therapy that promotes consistent circulation throughout the body.
https://www.couponstechie.com/promo-codes/my-heating-pad

Posted by WongGK92 > 2022-09-05 14:43 | Report Abuse

Relax. On the way to break RM3 again

Posted by profit profits > 2022-09-05 20:55 | Report Abuse

https://www.enanyang.my/%E5%9B%BD%E9%99%85/%E4%BA%91%E9%A1%B6%E6%A2%A6%E5%8F%B7%E9%82%AE%E8%BD%AE%E8%B6%85%E9%A2%9D%E9%A2%84%E8%AE%A2-%E9%80%BE%E7%99%BE%E4%BA%BA%E5%87%BA%E6%B8%B8%E6%B3%A1%E6%B1%A4?fbclid=IwAR3tmuTumIeNg_O0rBD29zaUltKtjZvKdR1dx6zGMr26iYTVbKWEgVy-gLw

Posted by StartOfTheBull > 2022-09-06 21:10 | Report Abuse

Now the price is even lower than last year before the border fully reopened. LOL
Why no one worry that Malaysia is heading towards a more conservative country?
"Can I advise you something?" If really love leisure and casino, Genting Singapore should be a better choice.

Posted by WongGK92 > 2022-09-07 16:11 | Report Abuse

OTW to RM3...

Posted by bullmarket1628 > 2022-09-09 06:50 | Report Abuse

Bank Negara raises OPR by 25 basis points to 2.5%
Thursday, 08 Sep 2022 3:23 PM MYT

https://www.thestar.com.my/business/business-news/2022/09/08/bank-negara-raises-opr-by-25-basis-points-to-25

KUALA LUMPUR: At the conclusion of its monetary policy committee (MPC) meeting, Bank Negara increased the overnight policy rate by 25 basis points (bps) to 2.5%, in line with market expectations.
In a statement, it said it raised the ceiling and floor rate of the corridor of the OPR to 2.75% and 2.25% respectively.

This is the central bank's third consecutive rate hike, bringing the total increase in the OPR to 75bps so far this year.
"At the current OPR level, the stance of monetary policy continues to remain accommodative and supportive of economic growth.

"The MPC is not on any pre-set course and will continue to assess evolving conditions and their implications on the overall outlook to domestic inflation and growth," said Bank Negara…..

Posted by bullmarket1628 > 2022-09-09 06:58 | Report Abuse

Wow, Bank Negara raises OPR by 25 basis points to 2.5%

Like that today GENM will be limit up already liao lah !

Heng ah, Ong ah, Huat ah !

Posted by sharemarket21 > 2022-09-09 16:23 | Report Abuse

Mark the dividends and track and include into the 15-20% capital investment appreciation. Wait for the next announcement China relaxing the tourism and travelling restriction. Do not let the spike slip if any.

Posted by WongGK92 > 2022-09-09 18:51 | Report Abuse

Patience will be paid off. Slowly will move above RM3

Posted by StartOfTheBull > 2022-09-10 10:58 | Report Abuse

While the recovery pace is slowly on track but the return of the glory days of 1980s is certainly a pipe dream because the political landscape is very different now.
祝大家中秋节快乐。

Posted by WongGK92 > 2022-09-12 14:48 | Report Abuse

7 more cents ---> RM3

Posted by BobAxelrod > 2022-09-13 12:50 |

Post removed.Why?

Posted by JBond007 > 2022-09-14 18:17 | Report Abuse

Resorts World Macau???
https://www.asgam.com/index.php/2022/09/14/malaysias-genting-group-submits-bid-for-macau-gaming-concession/

Posted by Calafate > 2022-09-14 19:11 | Report Abuse

雲頂主席持有股份的 GMM 股份有限公司投標澳門賭牌！
https://www.youtube.com/watch?v=Wcj48AZDdtM
https://www.youtube.com/watch?v=gRZh8i6dfws

Posted by Agjl > 2022-09-14 20:47 | Report Abuse

GENM will have buying interest tmrw…

Posted by Goldgent > 2022-09-14 21:59 | Report Abuse

Guess GMM stands for 'Genting Malaysia Macau'?
https://www.scmp.com/business/companies/article/3192501/malaysian-billionaire-lim-kok-thay-boss-genting-group-revealed?utm_source=rss_feed

Posted by WongGK92 > 2022-09-15 12:15 | Report Abuse

Retest Rm3 again...

Posted by Investmalaysiaa > 2022-09-16 13:24 | Report Abuse

Big depreciation and capital expenses coming soon

Posted by Goldgent > 2022-09-17 08:40 | Report Abuse

A lottery approach. If get jackpot, will see a boutique casino on the newly completed Resorts World Treasure Island that slated to open in December 2022 (3 months time)
https://www.youtube.com/watch?v=EVbbJgz10oc

Posted by DestinyL > 2022-09-17 11:39 | Report Abuse

I think chance to grab the license is not very high
Pretty much an unknown at this point
The site was also not previously an approved site for gaming

Posted by JBond007 > 2022-09-17 16:22 | Report Abuse

Chinese government will decide. Factors include the on-going China-US trade war & whether the central government wants to further reduce Stanley Ho gambling empire. Coincidentally, Genting has co-hosted the 2022 Winter Olympics. This makes the end result a bit unpredictable.

Posted by Goldgent > 2022-09-17 16:28 | Report Abuse

Resorts World Treasure Island latest video.
https://www.youtube.com/watch?v=2nI5hYweDsI

Posted by Income > 2022-09-17 20:31 | Report Abuse

My last hope here.
All in here.

Posted by emsvsi > 2022-09-17 21:00 | Report Abuse

IN ORDER TO HAVE STEADY INCOME, YOU ARE SUPPOSED TO SPREAD YOUR BETS, INCOME !

Posted by DestinyL > 2022-09-17 22:36 | Report Abuse

Ya, there's tons of other good companies in Bursa, spread your eggs (not the two in between your legs lol)

Posted by DestinyL > 2022-09-17 22:41 | Report Abuse

Agreed JBond, there's just too many variables involved
GenHK bankruptcy is also a negative factor
I think it is quite cunning to use Treasure Island as a driver, where it is more aligned with new casino license directive
The existing licenses runs till end December, so in any way, the opening would be next year if they succeed

Posted by DestinyL > 2022-09-17 23:07 | Report Abuse

LKT legacy?
https://www.youtube.com/watch?v=j7NqA0WG8co

Posted by Income > 2022-09-18 11:46 | Report Abuse

This is going to be a great buy.

Posted by Shines > 2022-09-18 15:00 | Report Abuse

https://www.sinchew.com.my/?p=4096694

Posted by Income > 2022-09-18 16:22 | Report Abuse

To the moon

Posted by Income > 2022-09-18 16:26 | Report Abuse

I scare of PAS only… killing Genm.
Touchwood

Posted by WongGK92 > 2022-09-19 11:26 | Report Abuse

Cheap price to enter?

Posted by Shines > 2022-09-19 13:26 | Report Abuse

No need to be scard, just dont vote them lo

Posted by willc48 > 2022-09-19 14:48 | Report Abuse

chins must take back macao. later, Genting jadi Pening.

Posted by BobAxelrod > 2022-09-19 14:50 | Report Abuse

Genting to compete in Macau is a joke.

Posted by Calafate > 2022-09-19 15:01 | Report Abuse

Joey Yung Genting Concert, 5 Nov 2022 (容祖兒世界巡迴演唱會, 云顶站)
https://www.youtube.com/watch?v=8AT1gUO4KFk

Posted by emsvsi > 2022-09-19 15:47 | Report Abuse

BN IS FAVOURITES TO WIN...WHEN THEY WIN CASINO DE BURSA KLCI 2500 POINTS !

Posted by DestinyL > 2022-09-19 20:47 | Report Abuse

BobAxelrod
Genting to compete in Macau is a joke

Your comment is more like a joke to me lol

Posted by mf > 2022-09-19 21:38 | Report Abuse

Dow Jones

Dow Jones Industrial Average

30,618.04

-204.38

0.66%

Nasdaq

NASDAQ Composite

11,382.90

-65.50

0.57%

Posted by Investmalaysiaa > 2022-09-19 21:44 | Report Abuse

Genting also got the standard ma. Why joke leh