GENTING BHD

KLSE (MYR): GENTING (3182)

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Last Price

4.77

Today's Change

+0.08 (1.71%)

Day's Change

4.75 - 4.87

Trading Volume

20,449,900

Discussions
41 people like this. Showing 50 of 82,468 comments

Michaelchan2024

https://www.hydrogeninsight.com/innovation/south-korea-s-first-nuclear-hydrogen-project-to-be-built-by-2027-by-eight-partners-including-hyundai-and-samsung/2-1-1663769
South Korea’s first nuclear hydrogen project to be built by 2027 by eight partners, including Hyundai and Samsung

https://www.hydrogeninsight.com/policy/canada-s-clean-hydrogen-investment-tax-credit-becomes-law-offering-developers-up-to-40-tax-rebates-on-project-costs/2-1-1665563
Canada’s clean hydrogen investment tax credit becomes law, offering developers up to 40% tax rebates on project costs

1 day ago

Michaelchan2024

Will Genting enter into the Newater or desalination water plant business? There are so many possibilities..😅 Go go.. Genting

1 day ago

AngTayKor

Wah @Michael weekend so free ah talk until like this stock going to worth rm50/share 🤣

1 day ago

Michaelchan2024

Haha @ATK, weekend is perfect for chatting about possibilities.. 😊

1 day ago

Riaz1954

All possibilities but no substance

1 day ago

Michaelchan2024

https://www.malaymail.com/news/malaysia/2024/06/21/global-infrastructure-partners-blackrock-is-not-involved-in-mahb-privatisation/140778
Global Infrastructure Partners: BlackRock is not involved in MAHB privatisation

陈剑錯了,不是因为旅游业复苏...Actually 是阿公 pushed up share price to facilitate the privatization of MAHB la...

1 day ago

Riaz1954

You have to really ask why this counter does not go up compared to others! It is nothing to do with actual business as but more about past behaviours and governance issues. Simple as that!

1 day ago

Michaelchan2024

Like that ahh..i think it's reasonable to ask why Wynn Resorts and las vegas sands haven't experienced increase in share price either.. better don't

1 day ago

AngTayKor

@Riaz, if can unwind the ER rpt, this stock immediately gap up rm1/share 😀

1 day ago

turbochart

Push high high, everybody sell, who buy? Wakakakak...

1 day ago

ivanlau

If based on forward eps 40 x 16 , the fair value will be rm 6.40 , today closing 4.77 , think about that.............

1 day ago

investor2021trading

well, Genting is venturing into green energy costing billions of dollars! Now, d casino's earnings will be siphoned out for this new business which will takes years to churned profit i.e. after operating!

1 day ago

Michaelchan2024

Genting's investment in green energy is a bold step towards sustainability and global growth.. While it will initially use some casino profits and take time to become profitable, this move positions the company well for the future.

1 day ago

Michaelchan2024

Investing in green energy not only supports the environment but also opens new opportunities for long-term success. Boss Lim said the transformation of Genting is just starting. 👌

1 day ago

Peaches L

Just like TauRx many years ago, most ppl were skeptical abt such a venture. And soon, it will shut those critics’ mouths for real. I believe strongly the Company is under great hands with visionary leaders who are noble individuals who hv d heart to pursue projects like these to serve, benefit and give back to humanity.

22 hours ago

Peaches L

LKT was so humble to say tht, probably it’s the higher power from above who wanted GenT to b successful to bring such a medical breakthrough to help humanity. 👍👍👍

22 hours ago

Michaelchan2024

Boss Lim said that, besides the investment in the energy division revealed, there are a few other projects they are working on.
Hopefully, in time to come, they will share these with us, just as they did with the energy division. He emphasized that we should continue to watch this space, as the transformation of Genting is just beginning.

17 hours ago

Michaelchan2024

Guess what these projects that Boss Lim mentioned could be! I believe there could be more green projects in the pipeline. There might be a USA IPO, and of course we should not forget the potential approval of TauRx by the regulatory authorities soon.

17 hours ago

kl_guy

https://theedgemalaysia.com/node/716215

Genting hopes 20% associate TauRx’s Alzheimer’s drug gets approval soon

16 hours ago

Peaches L

Indeed, we’re into some exciting times to witness and be a part of its transformation journey as a shareholder. It’s for this very reason tht will motivate me to continue to remain invested in the company for the longer term. Cheers!!!

16 hours ago

KooSan

When I read some of the posts here, some of these investors do not look at the substance of the company. Instead they evaluate the CEO hair la, dressing la, whether the Board has any whites just to be appear professional la, well manage la. Haizzz

14 hours ago

Peaches L

To be successful, LKT said to work hard to prove our meritocracy, be a leader not follower and keep up with current trends and developments. Excellent advise courtesy from a visionary biz leader.

13 hours ago

Riaz1954

Just a reminder to some who think we are very critical of LKT and Genting! Look at the facts, it has been in drown trend basically from 2011 onwards price peaked than. That is many years of under performance! Reason, is well publicised. We hope the worst is over. Countries do have generally have leaders for more to 10 years. Here we have ceo who has been head for many many years. I like to think new blood and vision is needed and good for company. Also famiky appointnents
Big issue. If you want US listing all this needs to change. Meanwhile we wait for TAuRX

12 hours ago

Riaz1954

Watch out for usual trick suspension of trades when announcing new projects!

12 hours ago

hw0706

Genting need to improve the corporate governance, related party transaction. if this can be acheive than Genting will the company going forwwrd. With the larfe landbank in Johor is added advantage to the group.

11 hours ago

KooSan

To be fair, do not judge a Company solely based on its share price. Do you think our country and its political environment is all rosy? Don't have look any further, just look at the exchange rate for RM in 2011 against 2024.
That's why I said these people do not look at the substance of the Company. By the way, new blood doesn't necessary good. Probably these new blood will caused GB to bleed.

11 hours ago

Peaches L

It’s not a ‘usual trick’ but, a Bursa requirement prior to any material announcement by any plc. Tht’s very normal and not any form of trickery.

11 hours ago

tkkiong

Mr Peaches ... i hv been investing n holding GenB since 90's ,more than 20+ years and still in the negative territory, do u consider LKT is a visionary biz leader with that performance ?

A losing family owned Empire resort casino unable to be profit but to dispose to the public shareholders; it must b the higher power from above to advise him that !

Imagine u r the Genting HK small shareholders ,seeing the valuable cruisers cheaply changed hand back to the LKT; ethical for a humble boss ?

Remember the last time immediate after TauRx announced the good news? How father and son disposed millions of shares to make the quick buck ?

10 hours ago

Peaches L

Let’s be very clear here. Stock price under-performance is not LKT’s KPI. Biz under-performance is. You can’t compare Bursa-listed companies with those from overseas like USA. There, their CEOs’ remuneration and stock options are directly correlated to the stock price. They hv every incentive to ensure stock prices remain high if they wanna get fatter monthly paychecks and 401k retirement fund. LKT’s monthly paycheck is based on industry know-how and work experiences which directly correlates to biz performance. So, if GenT isn’t performing well biz-wise, then u hv every reason to reprimand LKT but, definitely not for stock price under-performance.

10 hours ago

Peaches L

@tkkiong: Remember the last time immediate after TauRx announced the good news? How father and son disposed millions of shares to make the quick buck ?

If they can do it, anyone else can also. There’s no stopping others from doin so.

10 hours ago

Peaches L

So, are u blaming them for selling at d expense of others who didn’t?

10 hours ago

Jack Khan

No matter how save a share it is still casino. Like you bet all the number in roulette but still loss money

10 hours ago

KooSan

Cheer up GB shareholders. I believe our patience will bear fruit very soon. To be fair, LKT has been able to steer the Company to greater heights. The fact that GB secure a license out of the 2 casino licences in Singapore and establish its presence in Las Vegas is no small feat.

10 hours ago

Peaches L

I’m just trying to be fair and objective in my viewpoint. Credit shud b given to those when due and, we shouldn’t simply find a scapegoat to blame if things aren’t goin our way.

9 hours ago

Peaches L

@tkkiong: A losing family owned Empire resort casino unable to be profit but to dispose to the public shareholders; it must b the higher power from above to advise him that !

Imagine u r the Genting HK small shareholders ,seeing the valuable cruisers cheaply changed hand back to the LKT; ethical for a humble boss ?

These are biz decisions where most of us do not hv privy into its basis and rationale for such actions. On the surface of things, they may seemed unfair. However, I reserve my judgment and comments on them.

9 hours ago

AngTayKor


Seems like already facing chapter 11 before GenM's rescue. Who becomes the sucker?

https://news.worldcasinodirectory.com/empire-resorts-considering-chapter-11-bankruptcy-69859

7 hours ago

AngTayKor


Lim family bought cruise biz from listcos at lowest allowable price. Average cost usd0.42/share, sold to Lim family at usd0.29/share. LKT ah LKT....

https://www.thestar.com.my/business/business-news/2016/09/30/genting-malaysia-unit-sells-genting-hk-stake-at-lowest-sanctioned-price

7 hours ago

Save

Thailand Casino saga starts: PRIME Minister Srettha Thavisin used his first monthly television address as the country’s leader to promote plans for legalising casinos and building a nuclear power plant to curb illegal gambling and reduce electricity costs.
https://www.thestar.com.my/aseanplus/aseanplus-news/2024/06/23/thai-pm-touts-plans-for-casinos#:~:text=PRIME%20Minister%20Srettha%20Thavisin%20used,gambling%20and%20reduce%20electricity%20costs.

6 hours ago

sonyx123

why resurfacing all old news?

5 hours ago

KooSan

Scared all GenM shareholders....ATK, please post in GenM and see if you will be f.ark left right centre.

5 hours ago

Michaelchan2024

https://www.thestar.com.my/business/business-news/2024/05/29/ytl-power-unit-raises-stake-in-ranhill-triggers-mto

The proposed acquisition by YTL Power and SIPP Power raises concerns due to the substantial 36.62% discount over the last traded price of Ranhill. This significant undervaluation could indicate underlying issues with Ranhill's financial health or market perception.

Vs

Genting M'sia unit sells Genting HK stake at lowest allowable price


Comparing the two scenarios, it's evident that both YTL Power and the Lim family have engaged in strategic acquisitions at discounted prices. Inilah business talk ... let the shareholders decide lor

5 hours ago

AngTayKor

Yes its old news on previous RPTs, sorry for opening old wounds since ER & GHK RPT episodes still being discussed here on i3.

5 hours ago

eagleye

PLEASE read what the EXPERT - @AngTayKor shares with YOU.
----‐-------‐---‐----------------------------------------------

Seems like already facing chapter 11 before GenM's rescue. Who becomes the sucker?

https://news.worldcasinodirectory.com/empire-resorts-considering-chapter-11-bankruptcy-69859
---------------------------------------------------------------

Lim family bought cruise biz from listcos at lowest allowable price. Average cost usd0.42/share, sold to Lim family at usd0.29/share. LKT ah LKT....

https://www.thestar.com.my/business/business-news/2016/09/30/genting-malaysia-unit-sells-genting-hk-stake-at-lowest-sanctioned-price

5 hours ago

AngTayKor

Posted by Michaelchan2024 > 5 minutes ago | Report Abuse
https://www.thestar.com.my/business/business-news/2024/05/29/ytl-power-unit-raises-stake-in-ranhill-triggers-mto
The proposed acquisition by YTL Power and SIPP Power raises concerns due to the substantial 36.62% discount over the last traded price of Ranhill. This significant undervaluation could indicate underlying issues with Ranhill's financial health or market perception.
--------------


"KUALA LUMPUR: YTL Power International Bhd’s 70%-owned subsidiary SIPP Power Sdn Bhd has agreed to a RM405.18mil deal for about 31.42% equity in Ranhill Utilities Bhd from Tan Sri Hamdan Mohamad and related entities Hamdan (L) Foundation and Hamdan Inc (Labuan) Pte Ltd."


@Michael, was the YTL and Tan Sri Hamdan Mohamad's deal a related party transaction? Seems like YTL's corporate action of buying assets at discounted price benefiting fellow shareholders of their own YTL listco.

4 hours ago

Michaelchan2024

Investors are well informed and can make their own decisions. Let’s focus on forward looking initiatives like green energy investments and let Genting investors decide for themselves. GenB boleh! Cheers!

4 hours ago

Michaelchan2024

https://youtu.be/Wu5UZyX1LT4?si=-j3so7PH6fIBXbzg
Good. 12,000 investors have watched the Transformation of Genting is just starting on YouTube.

https://youtu.be/Koz1Gq6g73M?si=yN1qenR4WRjDy_5r
10,000 watched 'Genting gives update on Alzheimer drug'

4 hours ago

Michaelchan2024

Let's recap what Boss Lim has said:
The energy business has been transformed due to environmental sensitivity. He mentioned blue energy and green energy, and how they are being combined to take it to the next level.

He said the world is different now; it has changed. Companies that can keep pace with this change and have the will to face the challenge will be the companies of the future. We certainly hope Genting will be one of those companies, not just in Malaysia but globally. Boss Lim said, "As you can see, we have been successful in Indonesia, and step by step, through our own meritocracy, we will be invited to participate in the new world business."

4 hours ago

Michaelchan2024

The days of repeating the same things and surviving are over. This new philosophy is what Genting has cultivated for the last 50 years. Now is the time to prove that we are, and can be, a global player.

4 hours ago

Riaz54

Koosan@ sorry as an investor my objective is invest in companies to generate total returns (capital growth+ Dividend income) from my investments! I am not investing in for charitable cause. There is no other way to judge successful investment than capital,growth! Absurd statement to say don’t just judge company based on their share performance. I am not too worried about short term underperformance but we are talking about underperformance since 2011. Blaming the exchange rate is also ridiculous! It all to do with governance I am afraid.

3 hours ago

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2 hours ago

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