Posted by wallstreetrookieNEW > 2023-03-22 15:19 | Report Abuse

Posted by TonsilBasher

Stock: [GENM]: GENTING MALAYSIA BERHAD
2021-10-15 10:50 | Report Abuse
I am currently gambling at blackjack table. the business in casino is better than pre pandemic time.

Posted by marshallT > 2023-03-22 22:44 | Report Abuse

chairman acquired share before div ex-date

Posted by bisonbull > 2023-03-23 13:27 | Report Abuse

https://www.theedgemarkets.com/node/660347
GenM’s share price is on verge of overcoming a negative sloping trendline, says Kenanga

Posted by RonnyWu > 2023-03-23 14:22 | Report Abuse

Chairman came out to give people's faith by buying back the share. Nice

Posted by Good123 > 2023-03-23 15:35 | Report Abuse

sykt judi pun buang treasury syer. takda wang haha

4715 GENM GENTING MALAYSIA BERHAD
Notice of Sale or Cancellation of Treasury Shares (Section 127 of CA 2016)
Date of Shares Sold : 16/03/2023
Date of Shares Cancelled :
No. of Treasury Shares Sold : 2,535,144 shares
Treasury Shares Were Sold Through : -
Total No. of Shares Still in Treasury : 270,302,915 shares
Total Issued Capital as Diminished :
Date Lodged With Registrar of Company : 20/03/2023
Lodged By : Genting Malaysia Berhad
Remarks:
A total of 2,535,144 ordinary shares were transferred pursuant to Section
127(7)(c) of the Companies Act 2016.
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
Submitted By:

20/03/2023 07:00 AM


Ref Code: 202303204600230

Posted by marshallT > 2023-03-23 17:23 | Report Abuse

if you refer to announcement with ref num SB4-13032023-00001. The 2,535,144 shares were transferred at price 2.64 via employee share scheme.

Posted by TonsilBasher > 2023-03-24 09:47 | Report Abuse

I went to Genting M in Pahang. really encouraged to see such a happy place filled to the max. Imaging the small first world tower 1 room can be sold at rm 400 and above. the profit is really strong. more and more table are open now

Posted by ubudayah888 > 2023-03-24 09:48 | Report Abuse

patience......

Posted by kl_guy > 2023-03-24 11:17 | Report Abuse

genm is cheap . will worth more when earning increases in next 6 month.

Posted by wallstreetrookieNEW > 2023-03-24 22:41 | Report Abuse

@TonsilBasher gambling addict

Posted by Michael_chan2022 > 2023-03-25 12:26 | Report Abuse

https://www.freemalaysiatoday.com/category/nation/2023/03/25/gentings-prime-miami-waterfront-property-attracts-5-bids-topping-us1bil/

Hello... are you ready? Big bull is coming..

Posted by loyalok > 2023-03-25 13:04 | Report Abuse

hold tight and let go after met target price

Posted by Michael_chan2022 > 2023-03-25 13:29 | Report Abuse

願2023，
一切美好都如期而至... cheers!

Posted by Havefun > 2023-03-26 12:42 | Report Abuse

The land belongs to Genting Berhad or Genting Malaysia?

Posted by posby > 2023-03-26 13:33 | Report Abuse

https://www.theborneopost.com/2023/03/25/sagah-no-harm-in-having-casino-in-borneo-highlands-can-spur-sarawaks-economy/

Posted by Nepo > 2023-03-26 16:45 | Report Abuse

Extract from Genting Malaysia Bhd 2011 Annual Report:-
"Our plans for Miami took form in May 2011 when we
acquired the Miami Herald properties for US$236 million. In
November 2011, we also secured ownership of the adjacent
property, Omni Center – comprising a shopping mall, office
space and a hotel operated by Hilton. Together with other
nearby properties, we assembled a contiguous 30-acre
prime waterfront site overlooking Biscayne Bay in the heart
of Miami. We are currently developing plans for a mixed-use
development which include hotel, residential, commercial
with retail offerings. The development will occupy the fiveacre site currently occupied by the Miami Herald building,
inclusive of an 800-foot waterfront promenade along
Biscayne Bay"

Posted by Nepo > 2023-03-26 16:45 | Report Abuse

"Genting Malaysia bought the old Miami Herald site in 2011 for US$236 million (about RM961 million), according to Miami Herald's report."
=====..======
The land in Miami belongs to Genting Malaysia Bhd NOT Genting Bhd

Posted by davidkkw79 > 2023-03-27 09:09 | Report Abuse

Wow... previously said can sell at 1 billions, then now change to can sell at 1.5 billions !

Posted by bowman > 2023-03-27 09:11 | Report Abuse

That's Genting Berhad - Genting Malaysia is only sharing this small profit being a subsidiary. Why are people still ignoring the share price drop since 2.90?

Posted by Havefun > 2023-03-27 09:13 | Report Abuse

@bowman, you sure or not?

Posted by Michael_chan2022 > 2023-03-27 09:15 | Report Abuse

机会总是留给有准备的人..

Posted by bowman > 2023-03-27 09:21 | Report Abuse

Who owns Genting Malaysia? If Parent Company is Genting Berhad, then the press statement is correct

"A 16-acre parcel of prime Miami real estate recently put up for sale by Malaysian gaming giant Genting Berhad has attracted five offers of over US$1 billion, including one of almost US$1.5 billion, according to a report by Bloomberg."

I dont see Genting Malaysia? Can someone confirm?

Posted by Michael_chan2022 > 2023-03-27 10:09 | Report Abuse

https://youtu.be/MjvJMz4RTI0

Read here..

Posted by Michael_chan2022 > 2023-03-27 10:11 | Report Abuse

The land in Miami belongs to Genting Malaysia Bhd

Posted by kl_guy > 2023-03-27 11:00 | Report Abuse

0207 GMT - Genting Malaysia's sale of a plot of land in Florida could strengthen its financial position as it bids for a casino license in New York, Maybank Investment Bank analyst Yin Shao Yang says in a note. Citing a broker, Bloomberg has reported that the Miami waterfront property has attracted five offers of more than $1 billion each, he notes. That means that the Malaysian company could recognize a gain of over MYR2.9 billion on the sale, Yin says. He doesn't expect Genting to declare any special dividends, but thinks it will fortify its balance sheet instead in view of its bid for the lucrative casino license. Maybank maintains a buy rating on the stock with a MYR2.97 target. Shares rise 2.4% to MYR2.61.(yingxian.wong@wsj.com)

(END) Dow Jones Newswires

March 26, 2023 22:09 ET (02:09 GMT)

Posted by kl_guy > 2023-03-27 11:01 | Report Abuse

really hidden gem . worth holding genting and genm.

Posted by kl_guy > 2023-03-27 11:03 | Report Abuse

if really materialize the land sale , RSS and IDSS sure will cover their short.

Posted by RonnyWu > 2023-03-27 14:45 | Report Abuse

only Genting platation was shorted in the market based on Bursa...

https://www.bursamalaysia.com/misc/missftp/sblnt/NetShortPosition20230324.pdf?t=1679899367

Posted by NatsukoMishima > 2023-03-27 20:26 | Report Abuse

Bankers chasing debts loan loh , more to sell to pay debts , cash flow problem , becareful all my friends !

Posted by Michael_chan2022 > 2023-03-27 20:54 | Report Abuse

You should worry about Japan..as of Dec2022, the Japanese public debt is est. to be 9.8 trillion $US (1.29 quadrillion yen), or 263% of GDP,..., the highest of any developed nation... don't need to worry about us

Posted by Shines > 2023-03-28 13:29 | Report Abuse

Yes chan2022, you got the right point, lots of people are over worry about the incidents that will hardly affect here

Posted by dragon328 > 2023-03-28 17:06 | Report Abuse

If the indicative offers in this expression of interests are genuine, I think Genm should just quickly close the deal at anything above US$1.0 billion.

If it can close it within next few weeks or 3 months, then the timing would be very good. Genm will then have the US$500 million cash necessary to support its bid for a full fledged casino licence in New York, and extra few hundred million dollars potentially for special dividend.

Posted by RWG > 2023-03-28 19:57 | Report Abuse

sell the land and give special dividen

Posted by ikanbiliskering > 2023-03-29 11:55 | Report Abuse

rm3 above dah macam susah

Posted by Michael_chan2022 > 2023-03-29 12:04 | Report Abuse

Kenanga stays 'overweight' on gaming sector as leisure travel normalises..

It said that over the causeway, the Singapore Tourism Board expects a big jump in visitor arrivals to the island republic of 12 million-14 million this year compared to the 4.7 million recorded last year, underpinned by the return of international tourists, especially those from China.

Kenanga said this should benefit casino operators Genting Malaysia Bhd : target price [TP]: RM3.56..

Posted by Michael_chan2022 > 2023-03-29 12:07 | Report Abuse

Singapore recorded its highest ever number of visitor arrivals (19.12 million) in 2019, before the pandemic hit.

Posted by Michael_chan2022 > 2023-03-29 12:14 | Report Abuse

https://www.klsescreener.com/v2/news/view/1133023/nomura-raises-revenue-estimates-for-genm-on-growing-overseas-visitor-arrivals

Nomura raises revenue estimates for GenM on growing overseas visitor arrivals .

Posted by Michael_chan2022 > 2023-03-29 12:15 | Report Abuse

https://www.klsescreener.com/v2/news/view/1133023/nomura-raises-revenue-estimates-for-genm-on-growing-overseas-visitor-arrivals

Nomura raises revenue estimates for GenM on growing overseas visitor arrivals .

Posted by morganlee > 2023-03-29 14:09 | Report Abuse

just went to genting not long ago, very cold and crowded, didn't see many people gamble because i didn't go in to check

Posted by Silent 88888 > 2023-03-29 14:25 | Report Abuse

gamble room sure full 99 outside edi crowded inside casino sure full like sardin fish
china reopen airasia increase flight
all good signal but market lack of funds

Posted by BILLC > 2023-03-29 15:08 | Report Abuse

genting patrons mostly p o kai already and no more money to gamble,,,run before inflation escalate,,and recession looming,,,,

Posted by Michael_chan2022 > 2023-03-29 15:16 | Report Abuse

https://youtu.be/AXfjpjSJZKA

No worry la..

Posted by arztronaut > 2023-03-29 16:26 | Report Abuse

hahaha no more money to gamble? casino still crowded bro

Posted by RonnyWu > 2023-03-29 16:54 | Report Abuse

Sky casino will bring Genting's share price sky high, but don't know when. haha

Posted by Michael_chan2022 > 2023-03-29 20:18 | Report Abuse

https://www.sinchew.com.my/?p=4573895


游业救经济 中是关键角色...

倪可敏认为，我国疫情后的经济需要重整，中国在这方面可扮演一个重要的关键，其中一个关键便是透过旅游业。

他希望通过首相访华后，能够吸引更多中国游客到访我国，并期望到访我国的中国游客人次可以从去年的33万
增至350万...。Huat AAAAA!

Posted by Michael_chan2022 > 2023-03-30 07:37 | Report Abuse

GenM up.., up.., up

Typical human nature... when up, thinking of buying more. :)
Just buy 2.60 - 2.70 this week .. cheers!

Posted by Michael_chan2022 > 2023-03-30 10:41 | Report Abuse

Tourism revival to strengthen gaming industry...

https://www.thestar.com.my/business/business-news/2023/03/30/tourism-revival-to-strengthen-gaming-industry


Tourism Malaysia projects 16.1 million tourist arrivals to Malaysia in 2023, up 60% from the 10.1 million inbound number in 2022.

The official record, foreign tourist arrivals were 26,100,784 in 2019..

Posted by Michael_chan2022 > 2023-03-30 10:50 | Report Abuse

Expects full tourism recovery by 2024..

Posted by Michael_chan2022 > 2023-03-30 10:52 | Report Abuse

Expect GenM to reach
- rm4 in 2023 and
- rm5 in 2024

GenM boleh!

Posted by BobAxelrod33 > 2023-03-30 10:53 | Report Abuse

What are you smoking??