GENTING MALAYSIA BERHAD

KLSE (MYR): GENM (4715)

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Last Price

2.57

Today's Change

-0.05 (1.91%)

Day's Change

2.55 - 2.61

Trading Volume

8,441,200


32 people like this.

43,057 comment(s). Last comment by CaoCao 7 minutes ago

Posted by TonsilBasher > 2024-04-13 09:36 | Report Abuse

I walk at GENM during this raya time. I can assure you that the amount of china fellows gambling in Casino is huge. the local has been replaced by china people

Riaz1954

1,295 posts

Posted by Riaz1954 > 2024-04-13 14:39 | Report Abuse

Malaysia G promises 1B in taxes! Sounds very desperate way to do business …besides it can be seen as a bribe and unfair competition. Taxes are based on profits generated …or are they referring to sales tax …sin tax …..very strange business strategy

Riaz1954

1,295 posts

Posted by Riaz1954 > 2024-04-13 14:44 | Report Abuse

No wonder Empire City was making huge losses…and that’s why Genting boss sold it and passed it on to Genting berhad a listed company I am sure for a nice tax profit…..This is a an issue why Gentings will underperform….

Riaz1954

1,295 posts

Posted by Riaz1954 > 2024-04-13 14:47 | Report Abuse

TonsilBasher…I hear you ironically….Chinese can gamble as much as possible but it probably will not translate into higher share price….for that you need more people,buying shares than dumping them them including the boss! Share price rise means more people,are buying than selling….that’s why good companies like in US market see tremendous returns for their shareholders unlike Malaysia. Lack of governance and insider dealimg

Shines

2,764 posts

Posted by Shines > 2024-04-13 17:02 | Report Abuse

The 1 bil in taxes is just a pledge for wining the casino licence, why huha huha now, upon getting the licence then say something about it is ok, but not now

skybursa

1,474 posts

Posted by skybursa > 2024-04-14 07:43 | Report Abuse

RWLV already proven that US casino is business involved high investment but low return. In the past analysts predict over a billion of profits contribution. All this are just speculation for stimulate the stock price.

Shines

2,764 posts

Posted by Shines > 2024-04-14 08:27 | Report Abuse

Bro skybursa, totally agreed

Posted by Michael_chan2022 > 2024-04-14 09:08 | Report Abuse

https://www.casino.org/news/it-will-take-a-few-years-for-resorts-world-las-vegas-to-be-profitable/
Resorts World Las Vegas Won’t Be Profitable for Several Years, Says Nomura
Posted on: March 19, 2021

The researchers forecast the RWLV will generate EBITDA of $82 million on revenue of $350 million in 2022.

Those figures will grow to $112 million and $477 million, respectively, in 2023

Posted by Michael_chan2022 > 2024-04-14 09:09 | Report Abuse

https://www.ghi888.com/en/2021/05/resorts-world-las-vegas-coming-soon-but-may-take-time-to-turn-a-profit/
2021-05-21 10:42
Resorts World Las Vegas coming soon but may take time to turn a profit

Nomura analysts said it will be several years before the venue reaches net profitability.

Fitch Ratings said the property won’t be fully ramped on earnings before interest, taxes, depreciation and amortization basis until 2024.

UOB Kay Hian forecasts Resorts World Las Vegas generating
$399 million in EBITDA in 2024

investopology

1,973 posts

Posted by investopology > 2024-04-14 12:42 | Report Abuse

Stay away from bursa. War coming soon.

speakup

26,085 posts

Posted by speakup > 2024-04-14 16:37 | Report Abuse

What War? Akmal vs Anwar?

kfliau

1,977 posts

Posted by kfliau > 2024-04-15 10:23 | Report Abuse

Damn lousy stock. Supposed to be 2nd liner blue chip. Give you 9 cents dividend but price goes down 18 cents.

Hong9933

87 posts

Posted by Hong9933 > 2024-04-15 11:30 | Report Abuse

股息再买

VincentTang

1,200 posts

Posted by VincentTang > 2024-04-15 14:45 | Report Abuse

Bought GENM at 2.62. China stock big up today.

Posted by Jonathan Keung > 2024-04-15 16:44 | Report Abuse

Yes Kfliau. Kena kau kau . 9 cents dividend but price goes down Genting Malaysia supposed to be a blue chip and CI stock.

kfliau

1,977 posts

Posted by kfliau > 2024-04-15 21:00 | Report Abuse

Has anyone received the dividend?

Hong9933

87 posts

Posted by Hong9933 > 2024-04-15 22:58 | Report Abuse

yes

Posted by Jonathan Keung > 2024-04-16 02:29 | Report Abuse

DJ drop another 200 points opening. Looks like another sea of red tomorrow

investopology

1,973 posts

Posted by investopology > 2024-04-16 07:31 | Report Abuse

I queue buy below 2.60

Posted by Jonathan Keung > 2024-04-16 09:48 | Report Abuse

Nobody wins if Israel attacks Iran. Iran is the big brother in the Middle East. Biden knows it Iran is not Syria or Lebanon. Even US is very cautious when it comes to Iran.

Posted by LilasIkuta > 2024-04-16 10:30 | Report Abuse

then how, we cut loss?

Posted by LilasIkuta > 2024-04-16 10:31 | Report Abuse

all stock also dropp ??

Posted by Jonathan Keung > 2024-04-16 12:18 | Report Abuse

Sell from first and buy back later. Option 1 hold if you have the means option 2 .last but not the least average down if you believed the company potential & long term growth. Risk is something you yourself can decide brothers

kfliau

1,977 posts

Posted by kfliau > 2024-04-16 12:36 | Report Abuse

I haven't received my dividend. Anyone same as me?

Posted by creationinfoways > 2024-04-16 15:26 | Report Abuse

Your writing style is engaging and keeps me hooked from start to finish.
https://www.creationinfoways.com/social-media-marketing-services.html

RonnyWu

277 posts

Posted by RonnyWu > 2024-04-16 17:37 | Report Abuse

I received the dividend yesterday. I think you need to check with your broker, kfliau

kfliau

1,977 posts

Posted by kfliau > 2024-04-16 19:25 | Report Abuse

@RonnyWu I checked with Rakuten. They said will take 3 to 5 working days to be deposited

kfliau

1,977 posts

Posted by kfliau > 2024-04-18 10:05 | Report Abuse

Sinking lower and lower. My goodness! I bought before dividend ex at 2.91. Should have gone up Genting to gamble instead. At least got fair chance to win

Posted by LilasIkuta > 2024-04-18 11:40 | Report Abuse

chill,genm is gem

VincentTang

1,200 posts

Posted by VincentTang > 2024-04-18 13:43 | Report Abuse

Genting Singapore start reverse from botton and up 3.3% today. Is time to buy GENM and GENTING now.

RonnyWu

277 posts

Posted by RonnyWu > 2024-04-18 20:58 | Report Abuse

GENM (4715) 's share price has fallen recently, falling to EMA 200 (approximately RM2.60). The decline may have been driven by the fact that bidding for a New York casino license could increase annual tax bills to $1 billion, as well as the temporary closure of two casinos for renovations.

Posted by TonsilBasher > 2024-04-19 07:36 | Report Abuse

every time i receive dividend from this counter i will use it to gamble at Genting Sky Casino. I manage to win up to 10k. so ladies and gentlemen, gambling is good

speakup

26,085 posts

Posted by speakup > 2024-04-19 07:51 | Report Abuse

ppl now gamble in Bursa Malaysia.
Casino only non-malays can gamble, but in Bursa Malaysia even malays can gamble

Posted by TonsilBasher > 2024-04-19 10:19 | Report Abuse

War or not in Middle east doesnt affect the amount of singaporean/ china/ Malaysian to donate money to Sky Casino of GenM

Posted by WinBigOrLoseAll > 2024-04-19 10:25 | Report Abuse

covid no more, china tourists also returning, but genm recovering back to the mco price, owai....

Posted by TonsilBasher > 2024-04-19 10:27 | Report Abuse

Current share price is severe undervalued. Time to top up alot more. Win Big or loss the chance

kfliau

1,977 posts

Posted by kfliau > 2024-04-19 16:05 | Report Abuse

The Empire is the albatross on the neck. Foreign investors shy away from this type of management. Local retailers all lost until pants dropped. Whole market no money

OnTime

2,188 posts

Posted by OnTime > 2024-04-21 09:46 | Report Abuse

(maybe) to da moon!

hong

21 posts

Posted by hong > 2024-04-22 08:37 | Report Abuse

Gamble sector coming

yongyong88

468 posts

Posted by yongyong88 > 2024-04-22 10:07 | Report Abuse

just accumulate and wait for next dividend announcement.

Posted by TonsilBasher > 2024-04-22 14:43 | Report Abuse

Its no brainer industry. the house always win. those who doesnt believe in this counter loss out

Posted by Michael_chan2022 > 2024-04-23 10:14 | Report Abuse

Go..go GenM

Posted by Michael_chan2022 > 2024-04-23 10:17 | Report Abuse

稳稳的站上2.65

Hong9933

87 posts

Posted by Hong9933 > 2024-04-23 11:28 | Report Abuse

byebye 2.58

RonnyWu

277 posts

Posted by RonnyWu > 2024-04-23 16:12 | Report Abuse

Geopolitical tensions ease, apparently. ha

pangolin

982 posts

Posted by pangolin > 2024-04-23 17:13 | Report Abuse

something i dun understand , genting malaysia profit 3 conservative quarter months , but why share price dropped like hell from 2.90 to 2.58, someone simply press down the share price ??

speakup

26,085 posts

Posted by speakup > 2024-04-23 20:53 | Report Abuse

push down for u to buy cheap?

pangolin

982 posts

Posted by pangolin > 2 months ago | Report Abuse

too bad , no extra fund to buy low price and cheap

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