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 11 seconds ago

Posted by Michaelchan2024 > 2 months ago | Report Abuse

Next week, if their quarterly earnings reports are good, the share prices will likely rise to where they should be

pangolin

982 posts

Posted by pangolin > 2 months ago | Report Abuse

previous qr 200m , if coming qr is much better or 300 m , with cystal ball or not ,rm3 is sap sap water

Hong9933

87 posts

Posted by Hong9933 > 2 months ago | Report Abuse

等咗4年都冇见到rm3

pangolin

982 posts

Posted by pangolin > 2 months ago | Report Abuse

hong 9933, next month let u see rm3

OnTime

2,188 posts

Posted by OnTime > 2 months ago | Report Abuse

the only 'soaring high' is lkt's salary.

Posted by Michaelchan2024 > 2 months ago | Report Abuse

As of today, it is true. Six more months to go...

Posted by Michaelchan2024 > 2 months ago | Report Abuse

Let's see what the next six months bring..

Eddy365

5 posts

Posted by Eddy365 > 2 months ago | Report Abuse

This stock no longer a bluechip stock. Is more like goreng stock. Sell on good news buy back on bad news. Good news are strong earning from Malaysia, Bad news mainly from US investment.

Maimi land sell could be another good news.

Hong9933

87 posts

Posted by Hong9933 > 2 months ago | Report Abuse

Gogogo

8u29song

2,706 posts

Posted by 8u29song > 2 months ago | Report Abuse

steady...

8u29song

2,706 posts

Posted by 8u29song > 2 months ago | Report Abuse

sebelum QR 28x,,,selepas QR 3xx...

Eddy365

5 posts

Posted by Eddy365 > 2 months ago | Report Abuse

Thus bought around 2.60 very happy now.

pangolin

982 posts

Posted by pangolin > 2 months ago | Report Abuse

those who bought in 2.5-2.60 last month, is a quick bucks for pocket money

Posted by hotsauce1924 > 2 months ago | Report Abuse

when is the earnings result release?

Eddy365

5 posts

Posted by Eddy365 > 1 month ago | Report Abuse

杨忠礼双雄表演过了,几时轮到云顶双雄表演?

pangolin

982 posts

Posted by pangolin > 1 month ago | Report Abuse

I THOUGHT genting malaysia qr is out today , have to wait for next week , show time after YTL

Posted by Michaelchan2024 > 1 month ago | Report Abuse

https://youtu.be/GY_TyCgLBnQ?si=HVXhltaHOfPj5QQU
2024 最值得投资的股票,
GenM 誰与爭鋒..

Posted by StakesAreHigh > 1 month ago | Report Abuse

Monday will rally. Mark my words

Posted by Michaelchan2024 > 1 month ago | Report Abuse

https://theedgemalaysia.com/article/highlight-genting-malaysia-rolls-out-rm5b-tourism-plan
Genting Malaysia rolls out RM5b tourism plan

17 Dec 2013, 12:57 pm
Updated - 21 Aug 2014

https://www.edgeprop.my/content/genting-malaysia-doubles-its-investment-gitp#:~:text=KUALA%20LUMPUR%20(Feb%2024)%3A,30%20million%20visitors%20by%202020.
Genting Malaysia doubles its investment in GITP
February 24, 2016

Posted by Michaelchan2024 > 1 month ago | Report Abuse

https://www.marketing-interactive.com/genting-malaysias-aggressive-plan-attract-30-mln-visitors-2020
Genting Malaysia's aggressive plan to attract 30 mln visitors by 2020
Published
06 April 2016

https://theedgemalaysia.com/article/gitp-expected-be-genting-malaysias-new-focus
GITP expected to be Genting Malaysia’s new focus
07 Nov 2018, 10:13 am

Posted by Michaelchan2024 > 1 month ago | Report Abuse

How could we have missed these articles?

Husky78

37 posts

Posted by Husky78 > 1 month ago | Report Abuse

Such a good company ppl also scare to go in, this CEO really..

VincentTang

1,200 posts

Posted by VincentTang > 1 month ago | Report Abuse

https://www.sinchew.com.my/news/20240527/finance/5639259
首季业绩料报喜 云顶双雄估值具吸引力

Posted by Michaelchan2024 > 1 month ago | Report Abuse

輪到老板耒画大饼...,越大越好,
把股价吹的高高的。老板加油,你是最棒的 !

Hong9933

87 posts

Posted by Hong9933 > 1 month ago | Report Abuse

终于来啦

Hong9933

87 posts

Posted by Hong9933 > 1 month ago | Report Abuse

快快破3 然后3. 5

Income

10,599 posts

Posted by Income > 1 month ago | Report Abuse

来 了

Income

10,599 posts

Posted by Income > 1 month ago | Report Abuse

出现

Income

10,599 posts

Posted by Income > 1 month ago | Report Abuse

向前充电

Income

10,599 posts

Posted by Income > 1 month ago | Report Abuse

来吧。继续飙升

Posted by LilasIkuta > 1 month ago | Report Abuse

once Break 2.83 will go to 3!!
Collect 2.79 - 2.83 !! TP 3

8u29song

2,706 posts

Posted by 8u29song > 1 month ago | Report Abuse

QR.....

Posted by AnndyYSYong > 1 month ago | Report Abuse

Consider good or no ?

Husky78

37 posts

Posted by Husky78 > 1 month ago | Report Abuse

Good la

choong18

21 posts

Posted by choong18 > 1 month ago | Report Abuse

Nett profit 57m only, not good as expected.

Shines

2,764 posts

Posted by Shines > 1 month ago | Report Abuse

Still not good ah. I will sleep well tonight

Pinky

3,374 posts

Posted by Pinky > 1 month ago | Report Abuse

WHAT A JOKE RESULT HAHAHAHAHA

raymondroy

735 posts

Posted by raymondroy > 1 month ago | Report Abuse

GenM results..... PBT 116m, YoY 41m, but QoQ 294m, PBT drop by 178m or 61% compared to QoQ.... not up to expectation :-(

Hong9933

87 posts

Posted by Hong9933 > 1 month ago | Report Abuse

fly fly fly

Posted by hotsauce1924 > 1 month ago | Report Abuse

net earnings impacted mainly due to unrealized FX losses on their USD borrowing (130 mil this Q1 vs 40 mil preceding quarter). otherwise EBITDA grew 24% qoq.

alibiii

151 posts

Posted by alibiii > 1 month ago | Report Abuse

Last qr FX gain 130mil. So this qr actually very much better than last qr if FX excluded

8u29song

2,706 posts

Posted by 8u29song > 1 month ago | Report Abuse

no good....

Peaches L

874 posts

Posted by Peaches L > 1 month ago | Report Abuse

GenT much better than GenM.

dragon328

2,194 posts

Posted by dragon328 > 1 month ago | Report Abuse

Genm registered improved performance from all three regions: Malaysia, UK and US with adjusted EBITDA totalling RM810 million.

It was impacted by a non-core forex loss of RM130m in this quarter, hopefully non recurring.

US division (Resorts World New York City and Bahamas) registered improved EBITDA of RM153 million in Q1 FY2024, annualised to RM612 million.

Genm had total USD loan of about RM8.0 billion as of 31 Mar 2024. Assuming average interest rate of 4.5%, I estimate annual interest expenses to be RM360 million. Cash tax expense would be minimal given that the US divisions were at pretax loss after depreciation charge. So operating cashflows for US division would be about RM612m - RM360m = RM252 million a year.

This reaffirms my earlier view that RWNYC was cashflow positive to the tune of US$50m a year.

True that Genm had a higher loss from share of results from associates (mainly from US Empire Resorts), the loss was only RM5.8m higher for a much larger equity stake of 89.6% from 76.3% earlier. If we add back non-cash depreciation charge, EMpire Resorts was indeed EBITDA positive and most probably cashflow positive too. This also strengthens my earlier claim that the latest injection of US$100m by Genm into Empire Resorts would not be a bad thing. That would have helped Empire Resorts to save interest expenses and to break even sooner.

Though Genm had a higher loss from

Posted by Michaelchan2024 > 1 month ago | Report Abuse

Thanks dragon328 for the detailed explanation about GenM's performance in Q1 2024

skyjet

533 posts

Posted by skyjet > 1 month ago | Report Abuse

Tomorrow Genm and Genting gap up and close higher.

Nepo

3,356 posts

Posted by Nepo > 1 month ago | Report Abuse

Thank dragon328 summarized the key main points

Posted by Michaelchan2024 > 1 month ago | Report Abuse

https://agbrief.com/intel/deep-dive/31/05/2024/genting-malaysia-sees-profit-revenue-up-as-resorts-world-genting-improves/
Genting Malaysia sees profit, revenue up as Resorts World Genting improves

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