GENTING MALAYSIA BERHAD

KLSE (MYR): GENM (4715)

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Last Price

2.87

Today's Change

0.00 (0.00%)

Day's Change

2.79 - 2.87

Trading Volume

19,958,900

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Discussions
32 people like this. Showing 50 of 42,533 comments

Michael_chan2022

我们都坚信..只要撒下渔网
总会有收获的
👍

2 days ago

Income

I’m convinced Genm is good.
See you at Genm…

2 days ago

Income

See you at Genm Highlands

GenM at two years high!
2024 (2.65~2.94), 2023 (2.43~2.94), 2022 (2.40~3.13), 2021 (2.33~3.31), 2020 (1.83~3.38)

2 days ago

Income

I believe in you…
Let’s Make Genting Great Again (MGGA)


Michael_chan2022 我们都坚信..只要撒下渔网
总会有收获的
👍
27/02/2024 5:39 PM

2 days ago

StakesAreHigh

Anybody has news on the NY casino license ?

2 days ago

Activetrader

good news in the pipeline. Genm fantastic business needless to say. 1) NY Casino with reliable source said currently at stage 80% to be granted to GENM. 2. Miami Land Sales update soon. 3. Catskills turnaround plan in next 3 FYEs. 4. Continuous development and expansion surrounding the hills which is expected to bring in additional income to the group in next 5 years. 5. Focus and be prudent on cost measurement to further improve earning.

1 day ago

Activetrader

Hence, i opine TP 3.30 with in next 3months

1 day ago

pangolin

le see share price $3 after 9 c div declare or not , packed like sardin for genting casino during weekday monday ,

1 day ago

RonnyWu

I opine RM3 for the TP when it presents q4 result

1 day ago

Income

When Q will be out?

1 day ago

dragon328

@Activetrader, I concur with your view above.

Genm is going to see multiple re-rating factors soon.

1 day ago

8u29song

steady...

1 day ago

MG9231

Good move, if not many gamblers , then can save a substantial sum of casino tables n slot machines tax

1 day ago

Abrahmi

Why ]is GENTING closing 2 casinos?

1 day ago

Donator

all prefer go new casino, old casino no people, close is better la

1 day ago

EatCoconutCanWin

Why close.. bloody hell

1 day ago

Junx Leow

Old genting under Pahang, first world under Selangor, is that true?

1 day ago

marshallT

Not true. First World under Pahang

22 hours ago

marshallT

https://rwgenting.com/

Official Notice of Clarification
Date: 28th February 2024

Dear valued Guests,

We refer to the recent media articles regarding the closure of Genting Casino.

In our ongoing effort to improve our operational efficiency and enhance the gaming and entertainment experience for our guests, we continuously upgrade our facilities. This will involve temporarily closing certain sections of our casino to facilitate the improvements.

Our gaming operations continue to operate as usual.

Thank you.

22 hours ago

Balian de Ibelin

yeah limit down, dah tutup kedai 😁👍

14 hours ago

Balian de Ibelin

I had seen a high fashion Italian shop in KLCC totally renovated in just a few days.
These are for businesses that are hot and profitable.
Everyday shop is printing money.
Walls and ceiling items are 100% prefab outside in factory first.

People just do not tutup kedai to do renovations. Unless already bankrupt lah.
If hot businesses do like that, CEO will be terminated immediately, no notice given, security guards will pack his private effects.

14 hours ago

smurfbee

so scared just sell and move on la.... talk so much here for what? jokers la all of you clowns.

13 hours ago

Balian de Ibelin

Good Joke !! Tutup Kedai 😁👍

13 hours ago

Jonathan Keung

The abrupt closure of the 2 casino is really something extraordinary
Without prior notice just shut and closed as shop { is not Genting style } Genting is not telling us the true reason. Renovations can be done part by part. Something must have happen to force Management the sudden closure

10 hours ago

Hong9933

Wow 跌咯跌咯

10 hours ago

Cansandra

HAHAHAHAHA 烂泥扶不上墙

10 hours ago

Apple2353

From my previous observation at Sky casino, they renovate part by part. no total closure. ini memang something fishy

10 hours ago

Tashan

I would keep buying

9 hours ago

Shines

Me too

9 hours ago

cheeseburger

wait sideline, dont be hero at this hour...just wait

9 hours ago

NatsukoMishima

PAS pressure too strong !

9 hours ago

Plantermen

Genting management needs to come clean on the closure. Telling us closure due to renovation is unacceptable, laughable or treating the investing public as dumb. Is it because of licensing, structural defects or unseen forces. Let us know

8 hours ago

NatsukoMishima

Tax up!

8 hours ago

NatsukoMishima

License not forever !

8 hours ago

TonsilBasher

if you a frequent gambler in Genting Malaysia, you will know that the old casino doesnt have much traffic flow nowadays with only slot machines. Therefore its a strategic to close the section and focus on the area whereby the have the most human traffic.

8 hours ago

ykloh

A geat communication and PR fumble

7 hours ago

ncw1225

过山车

5 hours ago

RonnyWu

Genting & GenM will release qr at the same time tonight ?

4 hours ago

AnndyYSYong

Out

4 hours ago

AnndyYSYong

Can share this QR good or not ?

4 hours ago

beginner888

Good QR with final dividend of 9 cents

4 hours ago

AnndyYSYong

No special dividend , disappointed

4 hours ago

Tashan

What do the know-it-alls making negative comments say now?

3 hours ago

Hong9933

Let's go genm 2024 q1 more strong

3 hours ago

8u29song

Final Single-Tier Dividend of 9.0 sen per ordinary share

3 hours ago

Income

In Genm we trust.

3 hours ago

Income

Naysayers —> If you repeatedly have to tell someone the exact same thing about Genting closing casinos and nothing changes about gaming operations, people here, don't respect you. Faham?

2 hours ago

Activetrader

Genm will continue to focus on the 5 major items i named above. If you guys wonder how much is the share price will move within 6-9months. Let me have the most roughest calculation for you. Based on the peaked price at rm6+ in 2017-2018, their earning per annum ranging from 1.1bil to 1.4bil which derived to rm350mil per qtr. Kindly ignore 2016 2.8bil profit with extraordinary items. And we look at current earning. And the latest qtr PAT at 240mil which is merely rm100mil difference from the peak 350mil. For my pov. It's easily achieve by the group in 2-3years down the road which so much activities in the pipeline. When to accumulate? Now is the time to accumulate before it starts to accelerate towards the glory price in the past. We conservatively computed 4qtrs with 250mil each equal to rm1.0bil warning where it give EPS 20cents. Simple calculation as that. Coming disposal of miami land potentially propose for special dividend. NYC license is not an issue. Nyc's future operation at least contirbute additional USD20-25mil income to the group. U catch it now or above rm4.0? All you need is patience my dear friends.

1 hour ago

pangolin

Hooooorrraaaay !! at least 9c div , extra pocket money for ching ming ..

1 hour ago

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