ImCK

Genting mostly is drag from new opening properties in U.S Depreciation and amortisation also USD financial cost
if you want know genting doing good or bad very easy take 2019 result Q1 compare to 2024 Q2 the ebidta is 2.5billion growth from 2billion 20% growth

8 hours ago

ImCK

Depreciation and amortisation compare to 2019 Q1 TO 2024 Q1 the dfferent is 400m

8 hours ago

Michaelchan2024

Thanks lmCK.

8 hours ago

ImCK

2019 is genting best result ever before MCO use it refer from revenue got growth ebidta also growthing just i m dislike thier performance so slow they can do it more better

8 hours ago

ImCK

HONGLEONG already using AI to reduce the staff cost so thier margin and result is very impressive . AI will help genting reduce a lot cost also most important is location location location GENTING got good location thier newyork casino is near airport thier las vegas is near convention centre malaysia monopoly singapore duopoly

8 hours ago

Johnchew123

Bad QR today ,cabut fast , see u RM 4 by END SEPT

8 hours ago

Balian de Ibelin

@MM
Dollar General customers are the poor rural people in US.
For this group of poor rural people Dollar General is the only store available to them for miles around neighbourhood. Also DG prices are way above [like 15%] more than Walmart stores which are like 30km away. This is Dollar General strategy since it started.
a bad QR means the next one will be 100% bad too.🤣

whereas most believe Genting next QR will be better.
Keyword is belief. 😁
Posted by MoneyMakers > 2 minutes ago | Report Abuse

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

8 hours ago

Michaelchan2024

Genting’s prime locations in New York and Las Vegas ...along with their strong positions in Malaysia and Singapore... set them up for success. With these advantages, Genting is well positioned to thrive. Let’s stay optimistic about the future!!

8 hours ago

Johnchew123

Net profit 5.88 bil on MAY , Q BY Q will drop 50 % , QR August ,expect will drop 50 % , net profit estimate 2.8 to 2.9 bil , drop 50 %

8 hours ago

ImCK

but genting is highly rely on singapore result while waiting for GENM chasing up . singapore halloween and harry potter event will give a boost do you know the harry potter in europe very hot sales . People loved it so much in Germany that tickets sold out fast! About the Event. Harry Potter Visions of Magic light show

8 hours ago

MoneyMakers

@Balian Dollar General/Dollar Tree all laosai

Doesnt matter rural/city - when people cannot afford 1dollar items means economy really F

8 hours ago

KooSan

Those who gave up on this company please sell. I happy to take your share.😋

8 hours ago

MoneyMakers

Walao afternoon red alrdy - just need break under 4.30 then bye2

8 hours ago

AngTayKor

Posted by Michaelchan2024 > 1 week ago | Report Abuse
很多事后諸葛亮嘛，吹起来谁不会？
Haha, everyone can be a hindsight expert. He sold at 4.50...let’s see if he can actually buy back at ....4.40?? 😂🤣 and show his strategy in action. Making a 30-cent profit sounds good in theory, but we willl see if he can really achieve it!!!
----------------


Has been trading below 4.50 for the past 2 weeks. Could have bought last week at 4.27, now can buy back at 4.30, netting a free 20 sen divvy. All bad news already out. Mkt bullish there is no fear in market now, no choice got free divvy from trading just take its free anyway.

7 hours ago

Balian de Ibelin

Bloomberg now have a China expert on and he says 3Q24 for China remains weak and weak USD is bad for China economy.
so sorry no whales from China for now


Posted by MoneyMakers > 58 seconds ago | Report Abuse


Walao afternoon red alrdy - just need break under 4.30 then bye2

7 hours ago

MoneyMakers

Everywhere weak economy - GenS/GenM alrdy affected

Inflation destroy wealth

7 hours ago

AngTayKor

Last night USA reported GDP 3.0%. CPI below 3.0% now. Goldilocks scenario Fed cutting rates + economy soft landing narrative in play now. Speculative stock anything can happen suddenly. Price may suddenly jump 12 sen a day like this Wednesday, followed by another big jump then technical breakout everyone start piling in. Friday afternoon liow time to wind down for the weekend.

For those traders who sold near 4.50 zone, stress free 20 sen "free divvy" now. 😀😀

7 hours ago

ImCK

https://www.youtube.com/watch?v=UzFuxPVO57k RWLV is doing good but i expect them can doing more better and good

6 hours ago

prudentinvestor

Not much room for further falls. Should be quite a safe bet at this level.

5 hours ago

Michaelchan2024

GenB Q2 2024 financial report used an exchange rate of 4.7286 to convert USD to MYR. 😎

5 hours ago

smurfbee

what a junk stock this is. despite so many years post covid19..... the Q result is shameful.... no progress and no growth.

5 hours ago

hng33

downside limited

4 hours ago

AngTayKor

Posted by smurfbee > 2024-03-11 14:11 | Report Abuse
Expected to close $5.25. tomorrow rally to 5.48.... mid week FDA approval then thu and friday limit up.
----------
Posted by smurfbee > 2024-03-13 12:56 | Report Abuse
$5.58 coming.... brace for bull run shortly....
******************

Posted by AngTayKor > 2024-03-11 16:18 | Report Abuse
New data presentation on 7/3 at local time 8.50am. Not regulatory approvals yet.
Reminder: Regulatory approvals not so soon yet. Still got hurdles to cross especially the corrupted FDA.
-------------
Posted by AngTayKor > 2024-03-11 18:36 | Report Abuse
Please remember history lesson becareful of 5.20 zone LKT waiting to dump. Price action of afternoon session dont look good.
-----------
Posted by AngTayKor > 2024-03-12 14:09 | Report Abuse
Read clearly. I said whales exited yesterday
******************



@smurfbee ah, see what professional trader posted and what you posted on 11/03/2024, exactly on the day price peaked at 5.20. Why you didn't sell that day?

4 hours ago

kl_guy

RSS short is keeping genting price down .

4 hours ago

ImCK

https://www.sc.com.my/resources/media/media-release/all-plcs-must-conduct-hybrid-or-physical-general-meetings-from-1-march-2025?fbclid=IwY2xjawE-WXtleHRuA2FlbQIxMAABHb6kJYhMq9h3alfTlbWghzPR8S5hxTO-kQAfFkKDt4tAoNFo2alLXOKV6g_aem_MKBT0ozTZGUNuCSKLhKdrQ AGM must conduct physical next year

4 hours ago

Balian de Ibelin

Like many already said, Genting is a speculative share.

Just speculate it. Buy low Sell high🤣

4 hours ago

hng33

Weak USD and weak SGD will make Genting less interest expense cost on foreign currency. Upcoming new Singapore attraction will boost up GenS profit

4 hours ago

ImCK

yes hng33 thats point the worst is over when USD MYR 4.7
most of the cost is in USD so MYR weakness after convert back will see big move 10%-20% in reducing those cost

4 hours ago

Michaelchan2024

1 SGD = 3.29 MYR.. 3.00 mari mari!
1 USD = 4.30 MYR...4.00 mari mari!!

4 hours ago

mushimushi

That is bad for gloves stocks, a hint that plandemic revival is dead, mpox didn't do the trick. I guess this is good news for Genting.

4 hours ago

mushimushi

Let's wait for trump's assassination and a new US civil war as the trigger for the next crisis.

4 hours ago

Balian de Ibelin

Markets are now trading close to fundamentals of earnings growth.
Issue is both GenM and Genting are now having earnings reduction instead
of earnings growth.

Hence both GenM and Genting are now considered as "unclassified"

4 hours ago

hng33

Singapore weak result already price in, look forward for betterment now as Genting remain one of the biggest cap stock laggards most now.

4 hours ago

choysun

Looks blocked. Which way will it swing when gate unlocked end of day... :)

4 hours ago

Michaelchan2024

Last weekend, I conducted a site visit and Gemba walk at Resorts World Sentosa. It was crowded... with the majority of visitors being Chinese tourists.

4 hours ago

Balian de Ibelin

Thats not how Hedge Funds work

Hedge Funds will list out all counters with earnings growth
and will take position in Top 3 if very picky or at most Top 10, if a slut.

Both GenM and Genting with earnings reduction will not even appear in the list handled at Executive level.
Top people will not even see both names at all, much less buy it.

The only thing remaining for us to do here is to pull @MC legs until one of them is longer.
Blah blah blah with BS 24/7/365 and eat small dividend crumbs from volatility.

3 hours ago

kl_guy

wow volume increase with RSS also increase. Look like someone is collecting or they don't want genting price to move up.

3 hours ago

Balian de Ibelin

looks like dumping since HMTM does not work and both GenM and Gen have earnings reductions

Just take small dividends from volatility lah

3 hours ago

AngTayKor

Posted by MoneyMakers > 4 hours ago | Report Abuse
Walao afternoon red alrdy - just need break under 4.30 then bye2
-------------

It broke below 4.30 just now, but immediately came back strong and closed higher at 4.32 😀😀

3 hours ago

ImCK

market is realising the worst is over the worst after mco from negative to minimum 200m net profit per quater is bottom now only increase more or maintain .

3 hours ago

KooSan

@ ImCK AGM must conduct physical next year

Who not happy with LKT can tiu him

2 hours ago

ImCK

yes AGM must conduct physical next year no management can hide behind the virtual agm anymore

1 hour ago

hng33

Don forget, incoming big bonus if UK regulators approve Taurx drug end of the year

1 hour ago

Michaelchan2024

Our company is growing stronger with cash and cash equivalents consistently rising:

30 Jun 2024: 25.65 billion
31 Mar 2024: 24.31 billion
31 Dec 2023: 23.66 billion
This shows solid financial health and effective resource management.

1 hour ago

Michaelchan2024

Ho ho ho...moving forward, the depreciation of the USD and a cut in US interest rates would generally be beneficial for Genting by reducing the value of its debt in MYR terms and lowering interest expenses, improving overall financial stability and cash flow.

1 hour ago

neohts

Another 4 months, will sell all.

1 hour ago

hng33

GENTING is high profile stock, have global exposure in US ( casino) , UK ( casino) , Msia (casino) , China (power) ,
indonesia (gas) , Singapore (casino).

GENTING will be key selected stock for incoming foreign fund

1 hour ago

Michaelchan2024

Also, Genting Berhad would likely record a significant forex gain due to the depreciation of the USD to 4.30 MYR, positively impacting its financial statements and overall financial health. A more significant depreciation of the USD to 4.0 MYR would lead to an even larger forex gain, lower debt servicing costs, and potentially reduced revenue in MYR terms. Overall, this scenario would likely further improve Genting Berhad's financial performance and health.

1 hour ago

Balian de Ibelin

@MC
I believe you have no friends here or nobody wants to hurt your feelings
This forex thing had continued long enough.

USD drop is hugely damaging for Genting like a thermonuclear explosion
The loan is no issue coz serviced by USD earnings

USD drop 10% means Genting earnings drop 10%
now please stop advertising Genting piles, warts, cancer, cock eyed, etc to everybody who wants to listen.

=> Please remember USD drop Genting die, thats simple enough to understand?


Posted by Michaelchan2024 > 1 minute ago | Report Abuse


Also, Genting Berhad would likely record a significant forex gain due to the depreciation of the USD to 4.30 MYR, positively impacting its financial statements and overall financial health. A more significant depreciation of the USD to 4.0 MYR would lead to an even larger forex gain, lower debt servicing costs, and potentially reduced revenue in MYR terms. Overall, this scenario would likely further improve Genting Berhad's financial performance and health.

45 minutes ago

AngTayKor

@MC is assuming GenB is an international hedge fund borrowing billions of USD for carry-trade investments into Bursa/ MYR denominated assets. I have already said many times those are long term usd loans taken for usa grandsons' capital expenditures at 8.45% interest rollover rate. Principles of accounting do not work this way.

Dont be scammed. Dont be cheated.

20 minutes ago