Posted by OnTime > 2022-12-30 09:55 | Report Abuse

kaching!

Posted by Gnanasong > 2022-12-30 09:58 | Report Abuse

Slow and steady can get ang pow money

Posted by sharemarket21 > 2022-12-30 13:06 | Report Abuse

Let's go and make the return in the new beginning before or after CNY. Good luck all...

Posted by Gnanasong > 2022-12-30 15:26 | Report Abuse

Happy 2023 in advance!

Posted by RWG > 2022-12-30 21:28 | Report Abuse

https://www.cbsnews.com/newyork/news/resorts-world-hudson-valley-casino-opens-inside-mall-in-orange-county/

Posted by Michael_chan2022 > 2022-12-31 13:06 | Report Abuse

願2023，
一切美好都如期而至... cheers!

Posted by James_Bond > 2023-01-02 13:41 | Report Abuse

"When the train leaves the station, it doesn't back up to let latecomers on. If it does, there's something wrong with the train."

- Walter Deemer -

Posted by Gnanasong > 2023-01-03 09:34 | Report Abuse

Good start for Genm for 2023

Posted by sharemarket21 > 2023-01-03 10:00 | Report Abuse

Bumpy KLCI before opening up new positive chapter. Be resilient and focus on the projection return.

Posted by 1pingpong > 2023-01-03 10:31 | Report Abuse

US market down last week. Thats is why this morning red KLCI.

Posted by Gnanasong > 2023-01-04 09:38 | Report Abuse

Slowly move towards rm3

Posted by Michael_chan2022 > 2023-01-04 12:20 | Report Abuse

Counting down to 8 Jan... Huat AAAAA.

Posted by bang_miskin > 2023-01-04 12:46 | Report Abuse

Good to see GENM and GENT counters recovering. Took my profits too soon, lol! Looking out for good entry price.

Posted by IOI 1882 > 2023-01-04 12:55 | Report Abuse

@bang_miskin, what your tp for genm?

Posted by IOI 1882 > 2023-01-04 12:57 | Report Abuse

waiting good news later~~~

Posted by Bullbursa > 2023-01-04 14:09 | Report Abuse

Genting group one of the front runners for casino license in the New York area

Posted by sharemarket21 > 2023-01-04 14:29 | Report Abuse

Steady momentum and hopefully all is well. The whole Bursa is reset in the first day of 2023. Good luck and only focus on those stocks with reinforcement and public strong perception. Also those which already new low and business full opening up require their resources and supply for long run.

Posted by bang_miskin > 2023-01-04 14:44 | Report Abuse

@IOI 1882 At the moment let's see if it can exceed RM3. If everything goes well, perhaps RM3.50 by mid 2023

A lot of good news comes from China's reopening next week. But currently China only allows people with student, business and family reunion visa to travel. No news about tourist visa yet. Travel outside is still limited, hopefully more good news to come.

Posted by bang_miskin > 2023-01-04 14:49 | Report Abuse

Make no mistake, there's a pent-up demand for Chinese to go abroad. Imagine not traveling abroad for three years. During height of zero-covid, even inter-provincial travel is a pain in the a*se. For upper-middle class people, there are many ways to get a student/business/reunion visa, just have to be creative.

Posted by IOI 1882 > 2023-01-04 16:59 | Report Abuse

@bang_miskin, thanks for sharing with me. :)

Posted by Income > 2023-01-04 23:59 | Report Abuse

No more Looking back?
The train has finally left the station.

Posted by Max2838 > 2023-01-05 09:07 | Report Abuse

...closer to a deal on the RWG miami property......

https://www.thenextmiami.com/related-group-related-companies-both-interested-in-resorts-world-miami-property/

Posted by 1pingpong > 2023-01-05 09:28 | Report Abuse

Train left for CNY destination.

Posted by Gnanasong > 2023-01-05 09:46 | Report Abuse

Train to station RM3

Posted by 1pingpong > 2023-01-05 14:46 | Report Abuse

next station = Rm3.40. HLB research

Posted by mm310 > 2023-01-05 15:43 | Report Abuse

got big seller blocking at 2.9

Posted by Abidjan > 2023-01-05 15:57 | Report Abuse

Genting to sell Miami property for $1 B. then to bid for New York casino licence 10 yr for $1 B. Is it a good deal?

Posted by profit profits > 2023-01-05 19:03 | Report Abuse

https://www.orientaldaily.com.my/news/central/2023/01/05/538239?fbclid=IwAR3YLaz_FzfPDduSTWA0bLgTfW_iYsmEMv7bPxZMlF0C50fVVy0OoFKfMmQ

Posted by Michael_chan2022 > 2023-01-05 21:19 | Report Abuse

The Board wishes to announce that GENM’s indirect wholly-owned subsidiary, Genting ER II LLC, a Delaware company, had on 5 December 2022 (United States Eastern date/time) entered into a Share Purchase Agreement with Kien Huat Realty III Limited to purchase the entire 1,510 Series F Convertible Preferred Stock of Empire (“Series F”) for a total consideration of USD100 million (or RM438.5 million) (“Proposed Series F Acquisition”).

What has happened?

Posted by cheeseburger > 2023-01-05 22:54 | Report Abuse

crossing 200MA soon. Bullish formation.

Posted by Michael_chan2022 > 2023-01-06 08:06 | Report Abuse

Old news... could have already been digested

Series F preferred stock’s maturity date is Dec 31, 2038, and it is convertible into common stock between end-2030 until its expiry.

Assuming full conversion of Series F, G and L preferred stock in 2030, Genting Malaysia said its effective shareholding in Empire Resorts will increase to 76.3%, from 49% currently.

Genting Malaysia said the latest round of investment was to capitalise on Empire resorts

https://www.theedgemarkets.com/article/genting-malaysia-invests-another-us100-mil-empire-resorts

Posted by Michael_chan2022 > 2023-01-06 08:07 | Report Abuse

GenM boleh... Go..go go

Posted by Gnanasong > 2023-01-06 09:15 | Report Abuse

Road reopen today. Hope that tragedy won't happen again...

https://www.thestar.com.my/news/nation/2023/01/05/batang-kali-genting-highlands-road-to-reopen-on-jan-6

Posted by dragon328 > 2023-01-06 12:22 | Report Abuse

https://klse.i3investor.com/web/blog/detail/dragon328/2023-01-06-story-h-301897649-Genting_Bhd_Strikes_Gold_in_the_US

food for thought over lunch

Posted by dragon328 > 2023-01-06 19:44 | Report Abuse

Genm hitting 3.77 should not be an issue once Resorts World New York City clears the huddle of community support for a full scale casino at Queens

Posted by Income > 2023-01-07 07:16 | Report Abuse

Tp 3.77 seconded Fortunebull. Come on

Posted by Income > 2023-01-07 07:31 | Report Abuse

Finally.

Posted by Michael_chan2022 > 2023-01-07 11:54 | Report Abuse

don don chiang,
don don chiang,
CNY is here.
新年到，新年好，一年要比一年好..
Happy New Year..Gong Xi Fa Cai...
GenM uptrend to continue
cheers!

Posted by OnTime > 2023-01-07 15:01 | Report Abuse

兔年 is just TOO good!

Posted by dragon328 > 2023-01-07 16:49 | Report Abuse

Fortunebull777, agree with you that it was better for Genm to let go Macau last year as the Macua gaming market is still weak and operators there may be in for another year of losing, some more required to commit at least US$2.5-3.0 billion or capex over next few years.

I think Genm has done some goodwill with the Macau authority / selection committee by participating in the bid. I wouldn't be surprise if Genm puts in an unsolicited bid later this year or next for a new gaming license there, just to put in more competition to the 6 incumbents and to add tax & gaming revenue to Macau authority

Posted by dragon328 > 2023-01-07 16:49 | Report Abuse

For now, Genm may just focus on the upcoming tender from Thailand, closer to home

Posted by Income > 2023-01-07 17:53 | Report Abuse

This is the stock of 2023.

Posted by Income > 2023-01-07 19:27 | Report Abuse

Rm4 and above for this is no big trouble for this year…


Posted by FortuneBull777 > 1 day ago | Report Abuse

Dragon! That's a superb analysis there! Very true! Genm is extremely undervalue! Empire Resort turn out to be good gamble for Genm and it's paying off big! With Miami land up for sale, Genm debts should be non issue going forward! Anyway, our sleeping research houses are not doing their homework! Genm even at RM4 is still cheap! At current price, come on man, we are moving away from Covid pandemic! China reopening is a game changer! Only western media are dishing out all the scary fake news about China reopening! Anyway, i am dropping big hint here! I bought Genm at 2.70 and add more at 2.77! This is my biggest portfolio at the moment!

FortuneBull777
27 posts

Posted by FortuneBull777 > 1 day ago | Report Abuse

Anyway, Malaysia Thailand Singapore will be the first major benefactor of chinese China tourists as US and EU putting so much barrier for China! So chill, Genm is the best bet at the moment!

FortuneBull777
27 posts

Posted by FortuneBull777 > 1 day ago | Report Abuse

I am aiming for big fat RM1 profit margin for Genm! So hitting 3.77 is no biggie!

dragon328
825 posts

Posted by dragon328 > 23 hours ago | Report Abuse

Genm hitting 3.77 should not be an issue once Resorts World New York City clears the huddle of community support for a full scale casino at Queens

FortuneBull777
27 posts

Posted by FortuneBull777 > 21 hours ago | Report Abuse

Dragon! If Genting wins full casino, then sky is the limit! I think RM5 or RM6 will be undervalued!

FortuneBull777
27 posts

Posted by FortuneBull777 > 21 hours ago | Report Abuse

As for Macau bit, i say it's good Genting didn't win it! I mean, only 10 years! What's that! As for Japan, maybe some day but i rather prefer Thailand!

Posted by Michael_chan2022 > 2023-01-08 22:02 | Report Abuse

https://www.sinchew.com.my/?p=4390375

Huat AAAAA.

Posted by Gnanasong > 2023-01-09 09:27 | Report Abuse

Will hop to RM3 in the year of rabbit

Posted by Income > 2023-01-09 11:05 | Report Abuse

What? Sailing without me?
Please lah wait lah, SailorMoon

Posted by dragon328 > 2023-01-09 12:20 | Report Abuse

https://klse.i3investor.com/web/blog/detail/dragon328/2023-01-09-story-h-301837353-Genm_Genting_Catching_up_with_Regional_Peers

Genm re-rating in progress

Posted by Income > 2023-01-09 15:13 | Report Abuse

Sailor moon, wait lah.

Posted by Michael_chan2022 > 2023-01-09 20:40 | Report Abuse

GenM welcomes all on board...

Posted by Michael_chan2022 > 2023-01-09 22:40 | Report Abuse

https://youtu.be/DZkV5rltjBo

中国这一波疫情後，如果情况稳定...新加坡有望解除最后的防疫限制。
After the current wave of covid epidemic in China, if the situation is stable...Singapore is expected to lift the final epidemic prevention restrictions