GENTING (3182): Principal Officers

“23 hours ago
How the hell is that a bullish closing MM? Are you viewing the right stock? Red also bullish?😮
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@DonC Another bullish day

Better throw ur ‘candlestick book’ flush down toilet - really teach u nothing leh

1 day ago

Looking good closing 4.15

Lets continue upward momentum tomorrow finish week strong

1 day ago

Janus Mun

chart is NOT JUST ABOUT CANDLESTICKS,its just part of the chart,zoom out look at the bigger pattern,and yes closing 4.15 is currently positive even after div date.

1 day ago

keyman

@PI 哈哈哈就你懂我🤭🤭
都是这样过来的不知不觉都老啦股价还是那样🤭🤭

23 hours ago

mushimushi

Where is ATKlown? lose until mother cannot recognize already? Genting cannot move up, this forces me to hold until Christmas, until Taurx announcement, until Genting rocket up to RM 6-7-8 tp.

23 hours ago

1 SGD = 3.26 MYR
1 USD = 4.19 MYR

Very positive for Genting Berhad!

22 hours ago

Expect a one-time forex loss. However, the accounting treatment of forex gains and losses can be complex when it comes to financial reporting. We didn’t see a significant forex gain in the past two years, even though the USDMYR and SGDMYR rose significantly..By recognizing these gains or losses in Other Comprehensive Income (OCI), the company can smooth out earnings volatility and defer the impact of forex fluctuations..

22 hours ago

Mushi your mother brought you up wrong? Why want to involve mothers here?

22 hours ago

Remember AngTKlown fearmonger heavy drop under 4.0 few days ago - unfortunately seems alrdy delete that post kikiki

Fella left only 3post this week kikiki

21 hours ago

Oh MM ah your fearing mongering posts are here:

Posted by MoneyMakers > | Report Abuse
No wonder soo cheap
US regulator sue RWLV (money laundering violation) + GenS QR terrible
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Dont bother with TauRx - got hundreds other alzheimer med under Phase 2/3 clinical trials
Current share price values TauRx at 0 - so TauRx failure only minimal affect share price
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Stuck even when bursa up 1650 pts
Feel people wait sell expecting bad QR soon
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2 more days margin call b4 bad QR (expected Thur) - lets see how low can go
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Late selloff continue ystrdy red
Seems people want exit b4 bad QR (GenS bad) out
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Crazy evening selloff - wait&see how bad QR later
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Woww big revenue drop + profit cut half..bad econ people no money travel??
Ystrdy Dollar General shares drop 30% after bad QR (weak consumer)
Economy soo bad..GB Q2 revenue alrdy drop 1st time - disaster if nxt QR more revenue drop
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2023 still ‘covid recovery’ so shouldnt compare y-o-y
Q2 suppose seasonally strong (raya holiday etc) but QR soo bad - Q3 later even worse??
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Everywhere weak economy - GenS/GenM alrdy affected Inflation destroy wealth
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Walao afternoon red alrdy - just need break under 4.30 then bye2
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If GB future soo good (look forward) - wouldnt be 4.3 now
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<Before MM buy, he will always do his evil bad karma tactics non-stop fear mongering here>

21 hours ago

Posted by mushimushi > 1 month ago | Report Abuse
SGD 500m sudah mau mari, go go go!!!
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Tomorrow confirm gap up!!
Tomorrow 4.8
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Posted by AngTayKor > 1 month ago | Report Abuse
ATK a ghost or not you decide lor. Hope some traders / trader cum investors here have read and exited promptly near the 5.20 top.

Then buy again at around 4.50 zone, exit at around 4.8+ zone.
Then buy again at around 4.50 zone, exit at around 4.8+ zone.
Then buy again at around 4.20 zone, exit at around 4.50 zone.

Its not difficult to trade this stock. I started buying when price was 2.97. When I stopped trading this stock long time ago, i think its equivalent to profit of selling the stock at over 8.00.
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I have never shorted a single GenB stock. Better watch the stock's price action, the market is already whispering something now....
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Trader has already given his views if you have read his posts carefully over the past couple of days.
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See the difference in skill? At 4.50 zone trader gave prompt exit warning, the delusional ones keep promoting nonstop. Those kena stuck high at RM8 should learn some trading skills instead of doing delusional shortie bashing. If my brokerage account can trade short on Bursa stocks, I would have made double the money when I was actively trading this stock long time ago
.

21 hours ago

ImCK

enjoy the ride MYR is going below 4.00 soon tonight U.S big up

21 hours ago

Posted by MoneyMakers > 19 minutes ago | Report Abuse
Remember AngTKlown fearmonger heavy drop under 4.0 few days ago - unfortunately seems alrdy delete that post kikiki
Fella left only 3post this week kikiki
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Read carefully la:

Posted by AngTayKor > 1 week ago | Report Abuse

Posted by prudentinvestor > 3 days ago | Report Abuse
Don't dump at this level, already very low. May be should adopt a wait and see strategy. Not likely to go down to RM4.
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Posted by kent9988 > | Report Abuse
@atk 怎么看哦一直跌😔
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ATK: My cutloss advice only for MM (follow at your own risk). I think better listen to @prudentinvestor. Shut off your Bursa computer screen, come back after Christmas. It could be either near 3.50 or near 6.00. Popi popi 🙏🙏

21 hours ago

“1 week ago
My cutloss advice only for MM (follow at your own risk). come back after Christmas. It could be either near 3.50 or near 6.00. Popi popi 🙏🙏”
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AngTKlown This old post last week while im not here (2week hibernation) leh

U create fake story I buy 4.30 & then ownself laugh at my fake loss..crazy fella kikiki

AngTKlown U only like BS about other people when they not here - now im here become silent donkey kikiki

21 hours ago

AngTKlown I remember u post few days ago - fearmonger heavy drop under 4.0 blablabla

Why delete that post leh..scared proven BS again?? kikiki

20 hours ago

Posted by Mikecyc > | Report Abuse
Haha Tin Kosong MonieM give lectures here ke …no more Shouting Rocket Limit Up ke as in Tsh .. don’t own deleted own posts loh …hahaha
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Aiya who always spinning BS here ownself delete own posts everyone here know la

20 hours ago

A fall in the exchange rate from RM4.71 to RM4.00 means that for every USD1 billion debt, Genting would owe RM4 billion instead of RM4.71 billion. This 15% currency appreciation could lead to a significant reduction in total debt.. impressive, right?

20 hours ago

If the USDMYR exchange rate drops from RM4.71 to RM4.00 by year-end, it could significantly reduce Genting's debt by around RM4.5 billion. Coupled with this year’s net income, the company’s net debt could easily fall below RM10 billion by the end of the year.

20 hours ago

By reducing its debt load, Genting can lower its annual interest payments. With debt reductions of this magnitude, the interest savings could be substantial. The interest savings from this debt reduction could result in an annual recurring saving of as much as RM250 million..

20 hours ago

20 hours ago

kent9988

@Michaelchan2024

By reducing its debt load, Genting can lower its annual interest payments. With debt reductions of this magnitude, the interest savings could be substantial. The interest savings from this debt reduction could result in an annual recurring saving of as much as RM250 million..

加上fed降息0.5% 是不是可以每年省下150m？

20 hours ago

I’m hopeful that we will see 1 USD = 3.80 MYR by the end of next year.
Cheers!!

20 hours ago

加上fed降息0.5% 是不是可以每年省下150m？

@kent9988, I'm not entirely sure how much could be saved from the total borrowings, as I don’t have a clear picture of Genting’s full debt structure. It would depend on the proportion of their debt that's in USD, whether it’s fixed or floating, and the maturity of their long-term debt.

20 hours ago

kent9988

下个季度和后个季度就可以看到答案加上年尾taurx可能会成功相信未来是好的

19 hours ago

choysun

Why every day queue for 4.10 tak dapat :(

18 hours ago

newbie2019

lol…. i am want it at 4.0-4.1

9 hours ago

https://www.thestar.com.my/business/business-news/2024/09/19/bank-negara-unlikely-to-follow-us-fed-rate-cut-eyes-domestic-and-global-conditions
Bank Negara unlikely to follow US Fed rate cut, eyes domestic and global conditions

If Bank Negara Malaysia cuts interest rates, it is likely that the USDMYR exchange rate could rise in the near term, leading to a weaker ringgit..

9 hours ago

choysun

@newbie2019 I think possibly missed cycle liao. Going up again :(

9 hours ago

newbie2019

@choysun, what’s the short position status now?

8 hours ago

EDwarrior

Why malaysia need to rate cut? Only maintain bro.... pls check back our malaysia BNM previous interest rate history.... so funny u guys .... saying without thinking lol

8 hours ago

Risks and challenges:
While a stronger ringgit would benefit Genting, currency movements are unpredictable. Any global economic shifts, like changes in US monetary policy, could prevent the ringgit from strengthening as anticipated..

If Bank Negara Malaysia cuts interest rates, it is likely that the USDMYR exchange rate could rise in the near term, leading to a weaker ringgit..

7 hours ago

EDwarrior

Lol ....
Ya I know but in this current stage BNM won't rate cut unless Malaysia economy is going to enter recession....

6 hours ago

1 SGD = 3.22 MYR
The decline in SGD/MYR puts pressure on Genting Berhad’s earnings and could contribute to softer financial results, particularly in the upcoming quarters. This might explain some market pessimism around Genting.

5 hours ago

1 USD = 4.17 MYR

Very positive for Genting Berhad!

5 hours ago

If Genting can achieve profitability in its US operations, combined with the reduced debt costs, it could lead to positive momentum for the share price in the longer term..

5 hours ago

I am not in the accounting industry, so if there are any errors, please feel free to point them out. Naysayers not welcome. I want to learn and improve as well. I will refrain from further commenting. Cheers!

4 hours ago

Walao dont diu sellers soo hard..just take adv div + Fed rate cut rally

Tq GB nice shortterm trade..gdluck all hodlers

4 hours ago

Dont trust GB longterm with such terrible QR

Strong MYR not good for SG/US biz..rate cut savings also wont see in coming Q3 QR

4 hours ago

Johnchew123

Situpid investor still hold Genting , smart investor already sell Genting ,change portfolio ,buy YTLPOwER , last week lower 3.38 , a lot situpid investor kena stuck 4.50 , smart investor ,last week sell Genting , BUY in YTLPower , he portfolio already profit gain now , all break even ,

A lot situpid kena stuck Genting , rumour coming next month Gaming tax will increase. again , Genting will plunge below RM 4

4 hours ago

eagleye

Genting Malaysia Bhd has
dropped
to 36th place in terms of market capitalisation recently.

If it maintains this position
by the cut-off date
for the upcoming review,
it will need to be

removed

from the index according to the established rules.

It may have a Direct impact in its share attractiveness and its share price may be
impacted.

Since Genting Bhd holds a majority stake in Genting Malaysia Bhd, consequently and subsequently,
Genting Bhd may also be affected and its share price may be

Impacted.

××××××××

4 hours ago

bullrun168

King In China For High-Speed Rail Investment Discussion: Reuters
https://www.businesstoday.com.my/2024/09/20/king-in-china-for-high-speed-rail-investment-discussion-reuters/

2 hours ago

Posted by MoneyMakers > 4 hours ago | Report Abuse
Walao dont diu sellers soo hard..just take adv div + Fed rate cut rally
Tq GB nice shortterm trade..gdluck all hodlers
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Har?? Small time contra punting only MM also need to resort to doing so much evil bad karma tactics here?

5 minutes ago