GENTING MALAYSIA BERHAD
KLSE (MYR): GENM (4715)
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Last Price
2.60
Today's Change
-0.02 (0.76%)
Day's Change
2.58 - 2.63
Trading Volume
9,700,800
Analysis
Discussions
32 people like this. Showing 50 of 42,731 comments
Michael_chan2022 Thailand is:
- the first country in Asia to decriminalise cannabis and
- is set to become the first in Southeast Asia to legalise same sxxsss marriages
- now, it is taking the first step to legalise casinos
What's next?
Every single one Thai has only Basic Income. No rich and poor people
1 week ago
This implies a relatively equal distribution of income across the different socioeconomic groups
1 week ago
Genting Malaysia pledges US$1b in taxes to win New York City casino licence
https://theedgemalaysia.com/node/707281
1 week ago
Good news, GenM's expansion of gambling offering there would lift its tax payments to the state to more than US$1bil annually.
https://www.thestar.com.my/business/business-news/2024/04/09/genting-pledges-us1bil-in-taxes-to-win-us-licence
6 days ago
首相安华及夫人旺阿兹莎出席国会下议院议长佐哈里的开斋节门户开放活动，云顶集团主席林国泰也是座上嘉宾之一
https://www.sinchew.com.my/?p=5525719
4 days ago
So many good stock in bursa why must choose genm? And the 1bil tax so high who want to invest in genm again?
3 days ago
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 the local has been replaced by china people
3 days ago
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
3 days ago
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….
3 days ago
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
3 days ago
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
2 days ago
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.
2 days ago
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
2 days ago
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
2 days ago
Damn lousy stock. Supposed to be 2nd liner blue chip. Give you 9 cents dividend but price goes down 18 cents.
1 day ago
Yes Kfliau. Kena kau kau . 9 cents dividend but price goes down Genting Malaysia supposed to be a blue chip and CI stock.
22 hours ago
DJ drop another 200 points opening. Looks like another sea of red tomorrow
12 hours ago
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.
5 hours ago
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
3 hours ago
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