GENTING MALAYSIA BERHAD

KLSE (MYR): GENM (4715)

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Last Price

2.15

Today's Change

+0.05 (2.38%)

Day's Change

2.10 - 2.16

Trading Volume

8,514,300


33 people like this.

43,659 comment(s). Last comment by HKHedgeFund 3 hours ago

RonnyWu

338 posts

Posted by RonnyWu > 2023-08-15 13:36 | Report Abuse

Just an empty promises. Genm is still moving up //

Posted by Michael_chan2022 > 2023-08-15 14:51 | Report Abuse

One of the best recovery stock ... go go Genting 👍

bisonbull

223 posts

Posted by bisonbull > 2023-08-15 17:08 | Report Abuse

CNY is weakening, Housing & property bubbles are folding in with many unsold units on the market due to economic sluggish issues in CN. This affect MYR and MY-CN trade figures. Tourist arrival to MY from CN is not encouraging...

jack2

1,359 posts

Posted by jack2 > 2023-08-16 09:03 | Report Abuse

check out resort casino biz in Las Vegas, few customers, likely incur losses

Donator

1,139 posts

Posted by Donator > 2023-08-16 09:46 | Report Abuse

Last saturday just visit Genting Highland...still full of people in casino at 1am

Posted by Michael_chan2022 > 2023-08-16 09:53 | Report Abuse

Go go Genting 👍

jack2

1,359 posts

Posted by jack2 > 2023-08-16 09:56 | Report Abuse

casino biz here is monopoly, overseas casino, very competitive

Posted by Michael_chan2022 > 2023-08-16 10:34 | Report Abuse

No matter the circumstances, every business will have its own set of risks and opportunities

Posted by Michael_chan2022 > 2023-08-16 10:41 | Report Abuse

Together, we conquer. Let's push thru the resistance at 268

Posted by Cryptolover > 2023-08-16 11:51 | Report Abuse

steady! Remember, the house always wins

RonnyWu

338 posts

Posted by RonnyWu > 2023-08-16 11:55 | Report Abuse

Breaking 2.70 alrdy. Yay

Donator

1,139 posts

Posted by Donator > 2023-08-16 12:04 | Report Abuse

All the way to 3.00

Posted by Michael_chan2022 > 2023-08-17 07:58 | Report Abuse

👏👏

Posted by Michael_chan2022 > 2023-08-17 07:58 | Report Abuse

Go go.. Genting

Posted by ikanbiliskering > 2023-08-17 16:17 | Report Abuse

this counter, naik sikit turun banyak

RonnyWu

338 posts

Posted by RonnyWu > 2023-08-17 16:24 | Report Abuse

Turun sikit saja, still holding up above Rm2.60

Posted by Cryptolover > 2023-08-17 16:28 | Report Abuse

once QR release, very likely will fly again

AdCool

3,864 posts

Posted by AdCool > 2023-08-18 00:07 | Report Abuse

Took 5 trading days from 2.61 to 2.69. Just took a single day down from 2.69 to 2.61. That s GenM for you.

Posted by Michael_chan2022 > 2023-08-18 07:36 | Report Abuse

Affected by financial sttocks sell-off...ang moh may raise rates again in Sept

Posted by Michael_chan2022 > 2023-08-18 07:40 | Report Abuse

Another quarter point... to 5.50%-5.75%, at either on
- 1 Nov meeting or
- at their last meeting on 13 Dec

Posted by Michael_chan2022 > 2023-08-18 08:01 | Report Abuse

https://www.fool.com/the-ascent/federal-reserve-interest-rates/

When is the next Fed rate hike?

Federal officials have projected that there will be one more increase in interest rates this year..

RonnyWu

338 posts

Posted by RonnyWu > 2023-08-18 13:56 | Report Abuse

They might skip to raise FED rate in September...

Posted by Michael_chan2022 > 2023-08-20 09:41 | Report Abuse


https://theedgemalaysia.com/node/664483

Malaysia outperforms regional peers in 2022 tourism recovery, says StanChart

By Chester Tay / theedgemarkets.com
25 Apr 2023, 01:36 pm

KUALA LUMPUR (April 25): Malaysia had the quickest tourism recovery among its regional peers last year, recovering 92% of tourist arrivals compared to 2019 levels, driven by visitors from Singapore, according to a report by Standard Chartered Global Research.

Posted by Michael_chan2022 > 2023-08-20 09:54 | Report Abuse


https://youtu.be/h2FIuLjT-tI

中国旅客回流,旅行社: 难以扩大营运規模

Posted by Michael_chan2022 > 2023-08-20 10:12 | Report Abuse

連跌兩天...,
希望2.58 強势回弹。。

- Q2 has recovered to 92% of tourist arrivals compared to 2019 levels.
- Q3 witnessed a complete recovery of Chinese tourists

業績前給大家打打气。。👍

Posted by Michael_chan2022 > 2023-08-20 10:19 | Report Abuse

https://zh.asgam.com/index.php/2023/08/17/return-of-chinese-tourists-sees-singapore-visitor-arrivals-jump-26-to-1-42-million-in-july-zh/

中國遊客回歸,新加坡7月入境游客量增26%至142 萬人次

儘管中国在7 月份重新成為新加坡
最大的旅遊客源市場,
但仍以655,520 人次的數量位居全年第二位,僅次於印度尼西亞。

Posted by Michael_chan2022 > 2023-08-20 10:30 | Report Abuse

Hope GenM 的業绩:
- 開大有 280 mln
- 開小有 250 mln
- 開小小有220mln
😀

Posted by Michael_chan2022 > 2023-08-20 11:14 | Report Abuse


https://finbox.com/KLSE:GENM/explorer/pe_ltm

GenM historical pe ratio : 13 ~ 20

Posted by Michael_chan2022 > 2023-08-20 13:32 | Report Abuse


"Chinese Tourists Set to Boost Malaysia's Tourism: Economic Predictions Point to a Remarkable Recovery and Surge in Visitors"

https://www.linkedin.com/pulse/chinese-tourists-set-boost-malaysias-tourism-economic-kipping?utm_source=share&utm_medium=member_android&utm_campaign=share_via

Posted by Michael_chan2022 > 2023-08-20 15:46 | Report Abuse

https://www.businesstimes.com.sg/international/asean/six-decades-malaysias-revamped-genting-highlands-sports-new-look-woo-tourists

Six decades on, Malaysia’s revamped Genting Highlands sports new look to woo tourists....

This article appeared on the Singapore Business Times on Saturday, 18 Aug2023 ·

On Top of the Hill
No longer just a casino destination, the mountain top resort now known as Resorts World Genting draws well over 22 million visitors a year

Posted by Michael_chan2022 > 2023-08-20 15:50 | Report Abuse

A city that never sleeps...
Rooms in Genting Highlands are selling like hotcakes....
The majority of those who can't secure a room have no choice but to just do a day trip or stay at other areas such as mid-hill

GenM will chiong tomorrow..

Shines

2,824 posts

Posted by Shines > 2023-08-20 19:22 | Report Abuse

Frankly speaking, I prefer share prices to be gradually up rather than shooting up. Shooting normally will be short lived or just 1 day show.

Posted by Michael_chan2022 > 2023-08-20 20:01 | Report Abuse

2q2023 GenM 的業绩:
- 開大有 280 mln
- 開小有 250 mln
- 開小小有220mln
😀

RonnyWu

338 posts

Posted by RonnyWu > 2023-08-21 11:18 | Report Abuse

Turn profit is good enough in Q2

jack2

1,359 posts

Posted by jack2 > 2023-08-21 16:15 | Report Abuse

casino in LA is not doing well, likely incur losses

RonnyWu

338 posts

Posted by RonnyWu > 2023-08-22 13:56 | Report Abuse

How come LA is not doing well? Their spending power is quite strong and the business was already spiking from Q4 2022 alrdy

https://www.asgam.com/index.php/2023/02/24/gentings-resorts-world-las-vegas-achieves-record-revenue-ebitda-in-4q22/

Havefun

384 posts

Posted by Havefun > 2023-08-23 09:18 | Report Abuse

Ya LA doing well 😅 EBITDA usd47m and interest+depn usd85m, still losing money

RonnyWu

338 posts

Posted by RonnyWu > 2023-08-23 12:25 | Report Abuse

Interest only $25 m and depreciation is just a 'tool' to lower a company's tax payment, doesn't cause any cash outflow

Havefun

384 posts

Posted by Havefun > 2023-08-23 14:00 | Report Abuse

There are other businesses after interest and depreciation are still having great profit

Donator

1,139 posts

Posted by Donator > 2023-08-23 16:40 | Report Abuse

Depreciation doesn't cause any cash outflow but wont lower a company's tax

Shines

2,824 posts

Posted by Shines > 2023-08-24 08:26 | Report Abuse

Donator, you are right.

RonnyWu

338 posts

Posted by RonnyWu > 2023-08-24 09:53 | Report Abuse

A company's depreciation expense reduces the amount of earnings on which taxes are based, thus reducing the amount of taxes owed. The larger the depreciation expense, the lower the taxable income, and the lower a company's tax bill.

https://www.investopedia.com/ask/answers/031815/what-tax-impact-calculating-depreciation.asp#:~:text=A%20company's%20depreciation%20expense%20reduces,lower%20a%20company's%20tax%20bill

Pinky

3,478 posts

Posted by Pinky > 2023-08-24 18:31 | Report Abuse

Hahahahaha lousy

hhhiii123

824 posts

Posted by hhhiii123 > 2023-08-24 18:54 | Report Abuse

Money money come,haha

speakup

27,048 posts

Posted by speakup > 2023-08-24 21:27 | Report Abuse

Genting and GenM both give 6 sen dividend. but since GenM is cheaper than Genting, GenM yield is higher

pangolin

1,050 posts

Posted by pangolin > 2023-08-25 04:27 | Report Abuse

good bah .... at least 6c for duit kopi ......

Income

12,454 posts

Posted by Income > 2023-08-25 14:34 | Report Abuse

Your Palak masuk angin is it? You come to wrong place la.


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