Posted by pang72 > 2023-05-20 19:36 | Report Abuse

网传一对男女在彭州某著名旅遊胜地跳楼身亡，引起议论纷纷。
警方证实此命案，并在进行调查中。

Posted by pang72 > 2023-05-20 19:37 | Report Abuse

Hello,
Don't gamble pls

Posted by Income > 2023-05-21 12:42 | Report Abuse

😪sad

Posted by RWG > 2023-05-21 22:43 | Report Abuse

ppl lose genting win, if no ppl lose money, kita mana ada dividen ambil

Posted by Donator > 2023-05-22 09:58 | Report Abuse

so got how many dividend tis quarter?

Posted by RonnyWu > 2023-05-22 16:54 | Report Abuse

No dividend will be given ba this quarter...

Posted by RonnyWu > 2023-05-23 16:36 | Report Abuse

but wait for Q1 out 1st and see got declaration of dividend or not...low chance they will announce I think

Posted by ikanbiliskering > 2023-05-24 10:39 | Report Abuse

damn, non stop drop

Posted by RonnyWu > 2023-05-24 15:43 | Report Abuse

Not yet hit 52 weeks low...

Posted by AdCool > 2023-05-24 18:44 | Report Abuse

QR should be out this week. Looking at the share price trend, pointing to poor results.

Posted by RonnyWu > 2023-05-25 14:43 | Report Abuse

Will turn profit ba for its Q1 since China's border reopening during that period

Posted by WinBigOrLoseAll > 2023-05-25 17:51 | Report Abuse

still losing making, but no worry, Q2 sure win with the Miami land sale, 5b cash coming

Posted by ivanlau > 2023-05-25 18:43 | Report Abuse

QR keep losing money ....... now let us waiting so-chai " first day " blogger how to brainwash his follower thru his article........

Posted by DestinyL > 2023-05-25 19:05 | Report Abuse

Quite a funny statement in the QR, also definitely played a role to impact the performance

The increase in effective ownership interest in Empire by GENM Group from 66.6% to 76.3% with
effect from immediate preceding quarter has also resulted in a higher share of losses in Empire.

Posted by marshallT > 2023-05-25 21:28 | Report Abuse

https://www.sinchew.com.my/20230525/aset-kayamas%e5%a4%a7%e9%a9%ac%e4%ba%91%e9%a1%b6%e5%90%88%e4%bd%9c-200%e4%ba%bf%e5%8f%91%e5%b1%95%e4%ba%91%e9%a1%b6%e6%96%b0%e5%a4%a9%e5%9c%b0/

Posted by boonyew > 2023-05-25 21:28 | Report Abuse

revenue is almost the same as pre-covid level, so it is Empire that kills GENM. CEO still get high pay and passes the burden from his private own company to GENM.

Posted by marshallT > 2023-05-25 21:29 | Report Abuse

GDV 20 Billion mix development project officially launched today

Posted by marshallT > 2023-05-25 21:42 | Report Abuse

Empire can't kill GENM as it recorded loss RM18 Million. The earning mainly offset by deferred tax RM62 Million and depreciation RM308 Million. The total borrowings have been reduced RM271 Million

Posted by dragon328 > 2023-05-26 00:01 | Report Abuse

Genm registered commendable results for 1Q2023 with adjusted EBITDA of RM593 million, up 43% y-on-y and up 25% q-on-q.

Finance costs reduced by RM21 million or 12% y-on-y due to lower total borrowings by RM300 million.

Share of results from associates worsened by RM18 million y-on-y due to higher effective stakes of 77% in Empire Resorts. Empire Resorts registered a pretax loss of US$15 million in this quarter, annualised to US$60 million which is larger than 2022 actual loss of US$34 million. Added back with non-cash depreciation charges of US$41.1 million and interest expenses of US$67.5 million a year, EBITDA will be US$48.6 million positive. Allowing for interest expenses of US$67.5m, cash burn will be US$18.9 million a year for Empire Resorts. To me this is still manageable, especially the management is ramping up efforts to roll our mobile sports betting which the management expected to add some US$26 million of EBITDA in 2023 and US$40 million of EBITDA in 2024. That will turn it to cashflows positive.

Posted by dragon328 > 2023-05-26 00:05 | Report Abuse

The contribution from USA & Bahamas is encouraging with adjusted EBITDA of US$30-33 million in Q42022 and Q12023. That will annualise to over US$120 million a year, higher than my earlier projection of US$100 million.

The jackpot to hit is to get a full casino license in New York.

Posted by dragon328 > 2023-05-26 00:12 | Report Abuse

Operating cashflows are decent at RM363 million in 1Q2023, annualised to RM1,452 million or 24.5 sen per share.

Capex was high at RM195 million in 1Q2023, expect it to come down slightly in following quarters.

Posted by dragon328 > 2023-05-26 00:23 | Report Abuse

Prospects are getting brighter in coming quarters on following grounds:
1) Rebounds in tourists to Genting Highlands with more China and Singaporeans able to travel across and more rides added at Genting SkyWorld
2) Continuous earnings rebound from Resorts World New York City
3) Improving earnings from Resorts World Bimini after collaboration with international cruise operators to increase the port calls to the island
4) reduced losses in Empire Resorts after mobile sports betting is ramped up
5) the imminent disposal of Miami land for US$1.225 billion which will reduce interest expenses by US$61 million a year
6) the potential of Genm bagging a full casino license in New York
7) Continued strengthening of US dollars that make US earnings contribution stronger in ringgit terms
8) potential monetisation or disposal of other assets under Genm, eg. the resorts and hotel in Bimini, the other 2 parcels of land and hotel in Miami and some UK casinos

Posted by marshallT > 2023-05-26 01:19 | Report Abuse

Plus the 1st phase of Genting XinTianDi mix real estate development project 'Red Earth' with expected GDV RM1.7Billion to lauch in June 2023

Posted by EatCoconutCanWin > 2023-05-26 08:08 | Report Abuse

Genm will loss to ground after Pas in power

Posted by OnTime > 2023-05-26 08:41 | Report Abuse

should not bet against the house

Posted by DestinyL > 2023-05-26 09:18 | Report Abuse

I believe XTD and the recent flurry of developments could also spur an organic growth on GH footfall
This would further dilute the contribution from gaming segment, which can be a good thing

Posted by TonsilBasher > 2023-05-26 09:54 | Report Abuse

diu..... so much potential yet come out with lousy result

Posted by profit profits > 2023-05-26 11:06 | Report Abuse

PRN has no immediate impact to genm , even if pas pn win , pahang still under ph amno

Posted by bsinvestor > 2023-05-26 14:29 | Report Abuse

it is unacceptable to still making loss. life have move on pass covid era and yet genm still making loss.

Posted by BobAxelrod > 2023-05-26 14:36 | Report Abuse

Simple basic business 101, expenses and overhead is far, far greater than income....lu tau boh?.............mana sekolah lu??

Posted by RonnyWu > 2023-05-26 18:33 | Report Abuse

Not bad. At least its net loss was reduced by 93% compared to last quarter

Posted by farhadseo > 2023-05-28 04:45 | Report Abuse

This is amazing. Thanks for sharing this blog. I have become a fan of your blogs. This blog is so interesting and informative.

Posted by RonnyWu > 2023-05-29 18:54 | Report Abuse

falling down together with Genting ...State election is coming

Posted by freddiehero > 2023-05-29 20:38 | Report Abuse

Hari Hari casino ka

Posted by RWG > 2023-05-29 21:50 | Report Abuse

https://theedgemalaysia.com/node/667949

Posted by RonnyWu > 2023-05-30 11:48 | Report Abuse

Family's dispute + election, no wonder genting slid continuously recently

Posted by RonnyWu > 2023-06-01 18:53 | Report Abuse

Looks like GenM is strong than genting. ha

Posted by marshallT > 2023-06-02 22:09 | Report Abuse

https://www.klsescreener.com/v2/news/view/1160833

Posted by ivanlau > 2023-06-05 15:11 | Report Abuse

In local share market got 4 famous FB / Blogger socall " incredible 4 " as following :

Half boiled egg - tyxxp & TIG
tanjung rambutan - wuchang
Golden Summit - Sor-chai Chong
Windscopo2 - First day but look like last day

If you listen their tips buy stock , u will cry until no tears...

Posted by unicornbird > 2023-06-06 08:41 | Report Abuse

GenM is much better than berhad. because berhad has many non performing asset, including gen sg, which hogs up about half of the assets, without dividend. 10 years has lapsed, all the earning cannot be repatriated. need to reinvest with new theme park

Posted by unicornbird > 2023-06-06 09:18 | Report Abuse

ivanlau, what does those bloggers benefit from the post? is it advertising? I've been reading windscopo

Posted by RonnyWu > 2023-06-06 15:25 | Report Abuse

International travel demand is expected to remain positive, although its recovery could be constrained by the
macroeconomic uncertainties and inflationary pressures. The regional gaming market is expected to continue
improving in tandem with the improved outlook on global travel.

Posted by Michael_chan2022 > 2023-06-06 22:07 | Report Abuse

五窮六絕七翻身... buy

Posted by RonnyWu > 2023-06-07 16:50 | Report Abuse

Nice slogan but the market becomes very unpredictable nowadays...

Posted by skybursa > 2023-06-08 06:30 | Report Abuse

Cash reserves are depleting. Can the dividend be sustain? They should hurry dispose US assets

Posted by BobAxelrod > 2023-06-08 08:40 | Report Abuse

Foreign Investors just love this kind of News.......LOL

https://www.msn.com/en-my/news/national/hadi-non-muslims-must-be-grateful-for-being-given-a-place-here-should-just-let-malays-continue-leading-country/ar-AA1ceu0Q?ocid=hpmsn&cvid=a86f2216e21a4a7c900e91f62ec377fe&ei=13

Posted by Konnichiwa > 2023-06-08 11:40 | Report Abuse

Monitor first, downtrend resting, catch rebound. Patience is key...

Posted by AdCool > 2023-06-08 11:49 | Report Abuse

GenM price is so weak even with guaranteed 4 billions ++ profits by selling off the Miami assets.

Posted by speakup > 2023-06-08 11:54 | Report Abuse

In a bear market, all good news is ignored by the market

Posted by OnTime > 2023-06-08 12:07 | Report Abuse

and we r not even in recession yet.