Posted by Michaelchan2024 > 2024-07-06 19:11 | Report Abuse

Thank you for sharing your insights and strategies on GENM.

Posted by Michaelchan2024 > 2024-07-07 10:59 | Report Abuse

For GenM:
- Strong long term support is around 2.52
- Potential for a W shaped recovery if the price holds above this support.

Posted by Diamond7 > 2024-07-07 13:39 | Report Abuse

Agree
Just buy n keep..

Dividend not bad!

Posted by Michaelchan2024 > 2024-07-07 14:12 | Report Abuse

Analysts have been predicting a net income of 867 million for GenM in 2024. With an income of 57 million in Q1 2024, it is expected that GenM will achieve the remaining 810 million over the next 3 quarters, averaging approx. 270 million per quarter.

Posted by Michaelchan2024 > 2024-07-08 09:39 | Report Abuse

https://www.macrobusiness.com.au/2024/07/its-about-to-rain-rate-cuts-2/
It’s about to rain rate cuts.

Posted by Michaelchan2024 > 2024-07-08 09:40 | Report Abuse

From an economic perspective, the projected net income for GenM and GenB suggest significant growth opportunities in the upcoming quarters..

Posted by Michaelchan2024 > 2024-07-08 09:41 | Report Abuse

Copy and paste:in general, lower interest rates can benefit the U.S. economy in the near term by stimulating economic activity. Here are some of the key benefits:

1) Increased Consumer Spending: Lower borrowing costs for loans and credit can encourage consumers to spend more on goods and services.

2) Business Investment: Reduced interest rates lower the cost of financing for businesses, potentially leading to increased investment in expansion, new projects, and hiring

3) Housing Market: Cheaper mortgage rates can lead to more home purchases and refinancing, boosting the housing market and related industries.

4) Stock Market: Lower interest rates can make equities more attractive, potentially leading to higher stock prices and increased investor wealth.

5) Debt Servicing: Lower interest rates reduce the cost of servicing existing debt for both consumers and businesses, freeing up resources for other expenditures.

However, it's important to note that the benefits of lower interest rates come with potential risks and trade-offs:

1) Inflation: If demand grows too quickly relative to supply, it can lead to higher inflation.

2) Asset Bubbles: Prolonged low interest rates can lead to asset bubbles in markets such as real estate and stocks.

3) Debt Levels: Lower rates can encourage excessive borrowing, increasing debt levels and financial vulnerabilities.

Overall, while lower interest rates can provide a short-term boost to the economy, careful management and monitoring are required to mitigate potential long-term risks.

Posted by Michaelchan2024 > 2024-07-08 09:42 | Report Abuse

Lower interest rates that boost consumer confidence and spending can be beneficial for the gaming industry in the Las Vegas, the resort world New york City and Genting. Here's how:

1) Increased Discretionary Spending: With lower borrowing costs and potentially more disposable income, consumers are more likely to spend money on entertainment, including gambling and other activities offered by casinos and resorts in Las Vegas.

2) Tourism Boost: Lower interest rates can lead to overall economic growth, which often translates into more people travelling and spending on vacations. Las Vegas, being a major tourist destination, can see increased visitor numbers.

3) Hotel and Casino Revenue: Higher consumer spending can lead to increased revenues for hotels, casinos, and other entertainment venues. This includes spending on gaming, dining, shows, and other attractions.

4) Investment in the Industry: With cheaper financing, companies in the gaming industry might invest more in renovations, new attractions, and expansions, further drawing visitors and boosting the local economy.

Overall, a more favourable economic environment driven by lower interest rates can positively impact the gaming industry in Las Vegas, New York city through increased consumer spending and investment.

Posted by Michaelchan2024 > 2024-07-08 09:43 | Report Abuse

Looking back at US historical interest rates, the gaming industry experienced many prosperous years from 2009 to 2016. This period followed the reduction of the US interest rate from 5.25% in 2007 to 0.25% in 2009, which remained low until 2016. During this lower interest rate environment, US gaming stocks surged, performed well, and enjoyed several years of growth..

Posted by Michaelchan2024 > 2024-07-08 09:44 | Report Abuse

If all these factors align positively..., it could be the best timing to invest in the gaming stocks now. Lower interest rates are expected to increase consumer spending, tourism, and revenues for hotels and casinos. Additionally, gaming companies might invest more in improvements and new attractions, drawing more visitors and boosting the local economy.. yes, Genting to the🌙... soon.

Posted by Penang_lang > 2024-07-08 21:10 | Report Abuse

PN win Sg Bakap by-election. If PN getting stronger until win GE16 good for Genting?

Posted by speakup > 2024-07-08 21:36 | Report Abuse

No lah! If PN win GE16 they will shut down Casino De Bursa lah cos malays are gambling in Casino De Bursa now.

Posted by NatsukoMishima > 2024-07-09 08:44 | Report Abuse

Rm 2 only consider buy batch by batch , their casino lisence will not sustain !

Posted by The_JQuestion > 2024-07-09 13:01 | Report Abuse

snakes dont go to genting to game/cant take the loss , snakes prefer to cheat the public more/easier money to earn
dont worry ur vote will make ur dream come true ,, and u can pack ur bags to noway

Posted by Ytl2023 > 2024-07-09 20:50 | Report Abuse

Chinese voter won't vote for pH next election. Implement bullshit E-invoice, price of goods rise like crazy, police issuing tickets

Posted by The_JQuestion > 2024-07-09 23:17 | Report Abuse

this is ur problem , used to corrupt system... first world country all have system implemented.
Yea ban genting , more money flock into bursa casino , more untungs for all CHEERS

Posted by DividendGuy67 > 2024-07-10 00:07 | Report Abuse

Buy at 2.50 filled. Continue with the accumulation plan at lower zones and prices.

Posted by zzprozaz > 2024-07-10 08:25 |

Post removed.Why?

Posted by NatsukoMishima > 2024-07-10 13:10 | Report Abuse

Rm 2 only consider

Posted by autoven > 2024-07-10 14:56 | Report Abuse

this counter wont go far...profit to feed LKT...gaji so high....
investor buy to feed him

Posted by Hong9933 > 2024-07-10 16:59 | Report Abuse

Hahahahahhaha

Posted by ExecutionTrade > 2024-07-10 18:16 | Report Abuse

Shorties give LKT a lesson for taking too much salary ? 😆

Posted by speakup > 2024-07-11 07:45 | Report Abuse

https://focusmalaysia.my/shell-launches-malaysias-largest-ev-charging-hub-at-genting/
Shell trust Genting

Posted by NatsukoMishima > 2024-07-11 10:44 | Report Abuse

https://www.orientaldaily.com.my/news/north/2024/07/11/664796


Just a matter of time

Posted by ocbc > 2024-07-11 11:02 | Report Abuse

Be greedy when others are fearful ! US is cutting rate soon...Cheers !

Posted by ykloh > 2024-07-11 11:03 | Report Abuse

Gambling will not stop by banning it. Look around one will find corruption is illegal but it still flourishes.

Posted by LilasIkuta > 2024-07-11 11:37 | Report Abuse

具体内容如下：

高庭裁决：亚罗士打高庭裁定吉打州政府之前实施的赌博禁令违宪。
影响：该禁令导致依赖合法赌博行业的家庭失去工作，面临经济困境。
税收贡献：合法赌博行业每年为国家带来巨额税收。例如，2022年赌博税每月为政府贡献约8000万令吉，云顶集团和马来西亚云顶的赌场和综合度假村在2022年首9个月为国家贡献了11亿8000万令吉的公司税，博彩公司如万能和多多缴纳的所得税总额达4999万令吉。
呼吁：莎莎敦促吉打州政府尊重各民族在州内自由选择生活方式的权利，而不是单方面实施违宪的赌博禁令，导致失业和合法企业运营受损。
总结来说，莎莎认为吉打州政府应尊重高庭的裁决，承认其赌博禁令违宪，并考虑到合法赌博行业对国家经济和就业的贡献。

if they ban gambling, where they can find these easy money, goverment is not dumb, just accumulate more

Posted by NatsukoMishima > 2024-07-12 10:18 | Report Abuse

Take money from here to save another company , very unhappy !

Posted by BenjaminSS14 > 2024-07-12 10:30 | Report Abuse

I believe it will be bullish in the second half of 2024. TP RM4 (will not explain for now)

Posted by LilasIkuta > 2024-07-12 10:45 | Report Abuse

genm will fly soon guys, readyy

Posted by Shines > 2024-07-13 10:23 | Report Abuse

The court already says its unconsitutional to ban, why still harpping on it, get on to the next level.

Posted by speakup > 2024-07-13 12:23 | Report Abuse

malays no need Genting, NFO lah coz now got Halal Casino in CASINO DE BURSA!

Posted by ocbc > 2024-07-14 00:49 | Report Abuse

yes , ban bursa also bcu almost same like gambling also. Drink water chocalate kelantan will do !

Posted by Michaelchan2024 > 2024-07-14 14:24 | Report Abuse

Monitoring the indicators below can help you identify potential bullish periods for casino stocks. Current conditions:

1) The economy is growing or recovering from a downturn.
Rating: 🌟 🌟 🌟
(Rate cuts are expected to boost economic growth)
2) Interest rates are stable or declining.
Rating:
(Expected Fed interest rate cut in Sept 2024)
3) Consumer confidence is high.
Rating: 🌟 🌟 🌟
(Rate cut expect to boost consumer confidence)
4) Tourism is on the rise.
Rating: 🌟 🌟 🌟
(Rate cuts will boost consumer spending and tourism)
5) Favourable regulatory changes are in place.
Rating: 🌟
(No favourable regulatory)

Posted by Michaelchan2024 > 2024-07-14 14:25 | Report Abuse

A bullish period for casino stocks might occur if the Fed initiates a series of interest rate cuts until 2026. By the end of 2025:

1) The economy is growing or recovering from a downturn.
Rating: 🌟 🌟 🌟 🌟
(Rate cuts are expected to boost economic growth)
2) Interest rates are stable or declining.
Rating: 🌟 🌟 🌟 🌟 🌟
(Expected Fed interest rate cut to continue)
3) Consumer confidence is high.
Rating: 🌟 🌟 🌟 🌟
(Rate cuts are expected to boost consumer confidence)
4) Tourism is on the rise.
Rating: 🌟 🌟 🌟 🌟 🌟
(Rate cuts will boost consumer spending and tourism)
5) Favorable regulatory changes are in place.
Rating: 🌟

Posted by Michaelchan2024 > 2024-07-14 15:22 | Report Abuse

5) Favourable regulatory changes are in place:
- Visa-Free Travel Policy
- Visit Malaysia Year 2026
- MM2H system
Rating: 🌟 🌟 🌟 🌟

Posted by ImCK > 2024-07-15 10:13 | Report Abuse

ask GENM go for REIT la then can cut down a lot debt

Posted by LilasIkuta > 2024-07-15 15:22 | Report Abuse

guys its going back to RM3 pretty soon

Posted by DividendGuy67 > 2024-07-16 00:02 | Report Abuse

IF GENM breaks above 2.68, we will be testing 2.85-2.90 over the next 1-3 months.
I followed my plan to buy at 2.50 which was duly executed 5 days ago.
I am now queueing to sell a significant % of my holdings near that range as I think it will continue to "ding dong" in the declining triangle that may converge in say 2026 before it breaks upwards.
I shared this idea over a month ago below.

Post #1
https://klse.i3investor.com/web/blog/detail/DividendGuy67/2024-06-12-story-h-159700553-GENM_queue_to_buy_at_2_50

Post #2
https://klse.i3investor.com/web/blog/detail/DividendGuy67/2024-07-06-story-h-157794984-GENM_Entering_Accumulation_Zone

Posted by RonnyWu > 2024-07-16 16:53 | Report Abuse

Genting group is back
https://theedgemalaysia.com/node/718932

Posted by LossAversion > 2024-07-17 09:49 | Report Abuse

@ So "kitchi mai". Stop non-sense talk here plz

Posted by stncws > 2024-07-17 11:10 | Report Abuse

fake 1632,bursa, bear will hit you this month....crash is expected..

Posted by stncws > 2024-07-17 11:10 | Report Abuse

fake 1632,bursa, bear will hit you this month....crash is expected..

Posted by StakesAreHigh > 2024-07-17 21:30 | Report Abuse

Tomorrow rally

Posted by RonnyWu > 2024-07-19 06:51 | Report Abuse

I guess Genm will retrace a bit to 2.57 - 2.59 tdy

Posted by RonnyWu > 2024-07-20 16:39 | Report Abuse

Daulat Tuanku
https://www.mstar.com.my/lokal/semasa/2024/07/20/laungan-daulat-tuanku-bergema-sultan-ibrahim-ditabal-sebagai-yang-di-pertuan-agong-ke-17

Posted by Michaelchan2024 > 2024-07-20 19:10 | Report Abuse

The uncertainty around inflation, high interest rates, and the strong US dollar have made investors wary of casino stocks. The strong dollar, due to the Federal Reserve's interest rate hikes, has been tough on these stocks.

Now that inflation seems to have peaked and the Fed is considering cutting interest rates in Sept 2024, the US dollar is expected to weaken. This should reduce uncertainty and boost investor confidence, making casino stocks more appealing. A weaker dollar would benefit US based casinos with international revenue, likely leading investors to buy more casino stocks..

Posted by Michaelchan2024 > 2024-07-20 19:16 | Report Abuse

For GenM, the improving economic environment could also be beneficial.. As the US dollar weakens, the financial impact of any losses from its US operations will be less severe when converted to MYR. This will improve GenM's overall financial performance and attract more investors. Additionally, reduced market uncertainty and renewed investor confidence in the casino sector could further enhance GenM's stock appeal. Go go.. GenM!

Posted by Michaelchan2024 > 2024-07-21 16:05 | Report Abuse

https://www.thestar.com.my/news/focus/2024/07/21/a-new-takeoff-for-malaysias-economic-resurgence
A new takeoff for Malaysia’s economic resurgence

Malaysia's economy is bouncing back, with various sectors showing signs of recovery. Genting Malaysia, a major player in tourism and entertainment, is a key contributor to this resurgence.

Despite the challenges of the global pandemic, Genting Malaysia has remained resilient. Analysts predict a net income of 867 million for the company in 2024. With 57 million earned in Q1, it's expected to bring in around 270 million per quarter for the rest of the year.

Genting Malaysia's resorts, casinos, and entertainment complexes are attracting more visitors as travel restrictions ease. The company's ongoing projects and innovations are set to further boost Malaysia’s economy.

In summary, Genting Malaysia is playing a crucial role in Malaysia’s economic recovery, particularly in the tourism and entertainment sectors.

Posted by Michaelchan2024 > 2024-07-21 18:36 | Report Abuse

Historically, casino stocks have shown sensitivity to broader economic conditions, including interest rates, currency fluctuations, and investor sentiment.

Historical Context of Casino Stocks:

1) Economic Cycles: Casino stocks often perform well during periods of economic growth when discretionary spending increases. Conversely, they can struggle during economic downturns as consumers cut back on leisure activities.

Example: Extraordinary achievement in attaining 5.8% economic growth in Q2 2024.
👍👍👍👍👍
2) Interest Rates: Lower interest rates typically reduce borrowing costs, which can benefit casino companies that often carry significant debt. Additionally, lower rates can stimulate economic activity, leading to higher consumer spending, which is positive for the casino industry.

Example: The Federal Reserve is expected to cut interest rates in September 2024, which could help the casino industry by reducing borrowing costs and stimulating spending.
👍👍👍👍👍
3) Currency Fluctuations: A weaker US dollar can boost tourism as it makes travel to the US cheaper for international visitors, potentially increasing casino revenues.

Example: With the US Federal Reserve contemplating interest rate cuts in September 2024, the resulting depreciation of the US dollar is likely to reduce market uncertainty and restore investor confidence.
👍👍👍👍👍
4) Market Volatility: Reduced market uncertainty and lower volatility can enhance investor confidence, making stocks, including those in the casino industry, more attractive.

Example: The anticipated interest rate cuts and subsequent depreciation of the US dollar in September 2024 are expected to reduce market uncertainty and restore investor confidence.
👍👍👍👍👍