GENTING BHD
KLSE (MYR): GENTING (3182)
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Last Price
4.15
Today's Change
+0.04 (0.97%)
Day's Change
4.11 - 4.16
Trading Volume
5,764,900
Profile
GENTING BHD
Exchange: Bursa Malaysia Bursa Malaysia
Country Code: MY MY
Currency: MYR MYR
Sector: CONSUMER PRODUCTS & SERVICES CONSUMER PRODUCTS & SERVICES
Subsector: TRAVEL, LEISURE & HOSPITALITY TRAVEL, LEISURE & HOSPITALITY
Index Group: FBMKLCI FBMKLCI
Category: ORDINARY SHARE ORDINARY SHARE
Syariah Flag: No No
Short Sell Flag: Yes Yes
IDSS Flag: Yes Yes
Description
Genting is a diversified holdings company primarily operating in the resorts and casinos industry. The company?s primary business segment is Leisure & Hospitality, but the business has several smaller segments: Plantation, Power, Property, Oil & Gas, and Investments & Other. The Leisure & Hospitality segment operates numerous resorts worldwide, many of which have casinos, theme parks, concerts, restaurants, and retail shopping locations. Additionally, the company has diversified segments, which control farmland, oil and gas, and real estate. The company generates the vast majority of its revenue in Malaysia.
Address
Discussions
46 people like this. Showing 50 of 85,268 comments
If the current USDMYR exchange rate of 4.3 is sustainable, then Genting will benefit from the lower cost of servicing its substantial USD debt on a recurring basis, for as long as this exchange rate remains stable..
15 hours ago
Fed cut 0.5% + more cuts coming
Just 1% rate cut (30Bil debt) get extra 300Mil/yr profit
2% rate cut = extra 600Mil profit..easy money
15 hours ago
哎呦 会买的就是会买... 就算是从5块... 一路亏着买到今天的 4块1 还是能自我安慰说, 你看nta 8.9喔 半价喔... 不买就傻了.... 懂的... 我们当时就是这样走过来的咯.... 🤭
15 hours ago
But heartily, how many of us that are really gain profit from genting.... Dont tell me, at least I am not the one....
15 hours ago
usually blue-chip companies always higher than its NTA. Therefore, Genting can do it as well.
15 hours ago
With the decline in the USDMYR exchange rate from RM4.71 to RM4.3, Genting Berhad has effectively reduced its USD-denominated borrowings.. which total USD 6.53 billion, by approximately RM2.6 billion. Moreover, if the USDMYR exchange rate drops further to RM4.0 by 2025, an additional debt reduction of around RM1.9 billion is anticipated.
Analysts' net debt forecasts for Genting Berhad appear achievable:
2023: MYR 15,000 million
2024: MYR 13,157 million
2025: MYR 11,072 million
2026: MYR 8,978 million.
This progressive reduction strengthens the company's financial position and prospects.
14 hours ago
It's easy to calculate the savings on interest due to the reduction in debt. By applying the 5% interest rate to the debt reduction..we can estimate the recurring annual savings..
14 hours ago
Genting Malaysia Bhd’s (KL:GENM) subsidiaries have priced an additional US$100 million (RM427 million) of
7.25%
senior unsecured notes, due 2029.
Recently, two indirect wholly-owned units priced an offering of US$525 million of
7.25%
senior unsecured notes, also due 2029
13 hours ago
Previous secured loans are fixed loans that are already in force at agreed fixed interest rates until due.
Therefore, there is no impact of any financial gains in term of reduced interest payments even with Fed lowering interest rates.
Only future loans that have yet to be agreed upon and signed may enjoy any financial gains from any possible interest rate reduction by the Fed.
An alternative of renegotiating existing terms and conditions favoring a lower interest rate of an existing loan is difficult.
13 hours ago
Assets (Forex loss at coming QR)
As at 30/06/2024 (QR result page 11)
Singapore : 18,815.3m (Exchange ratio of 1:3.4781)
UK : 4,082.2m (Exchange ratio of 1:5.9633)
US & Property : 27,326.8m (Exchange ratio of 1:4.7195)
Oil Palm/Power/O&G: 16,009.7m (Exchange ratio of 100:0.0288; 100:64.9563; 1:1)
Total: 66,234m
As at 30/09/2024 (Estimated)
Singapore : 17,905.93m (Exchange ratio of 1:3.31)
UK : 3,901.96m (Exchange ratio of 1:5.70)
US & Property : 24,897.82m (Exchange ratio of 1:4.30)
Oil Palm/Power/O&G: 15,689.51m **
Total : 62,395.22m
Estimated loss due to Strong MYR : rm 3,838.78m (P&L paper loss)
** Oil Palm/Power/O&G, due to some mix with IDR/RMB/MYR. I simply deduct 2%
Question
1. How much interest can be save for the loan from 18/9/2024 until 30/09/2024 ?
2. Foreign currency liabilities is near 5,761.6m (with some plantation unknown amount denote in MYR). How much it can save ? around 307.22m ?
GB next quarter likely to huge loss due to paper loss ? My account not so good, enlighten me if I calculate wrongly. Kindly discuss rather than attack. Thank you.
13 hours ago
"哎呦 会买的就是会买... 就算是从5块... 一路亏着买到今天的 4块1 还是能自我安慰说, 你看nta 8.9喔 半价喔... 不买就傻了.... 懂的... 我们当时就是这样走过来的咯.... 🤭"
你应该是个投资专家吧？你可有从5块一路卖空到今天的4块1而赚了一毕？
13 hours ago
from chart can see 4-4.20 price area should be the immediate support,unless big crash....then can break below the prices of last year june to nov......
12 hours ago
when the whole masses expect big crash after this US big rate cut,the market always kill those who expect the what they THINK they should be expecting.sp500 futures up over 100+ points!those who shorted after last night closing or bought PUTS all gotten slaughtered!
12 hours ago
after ex date the price didnt gone lower is a very positive sign plus from the chart there is a divergence in RSI another positive sign.
12 hours ago
哈哈哈哈 我买那时 nta 9.1 股价4.0 mco 那时 也是一路往下买 不只一半 就44趴 当时跑了一轮 到今天 4.15 这么多年了 都没感觉了
这么多年还在这个价。
12 hours ago
". ...懂的... 我们当时就是这样走过来的咯.... 🤭""
你自认为你比那些从5块... 一路亏着买到今天的 4块1 还是能自我安慰说, 你看nta 8.9喔 半价喔... 不买就傻了....的人聪明。 Another charlatan pretending to be an expert.
12 hours ago
Price already so low still got so many people selling.
Under value stocks
From 4.80 drop until 4.15.....when could recover ????????
I am also worry about TauRX.....can it happen before year end ????
11 hours ago
“23 hours ago
How the hell is that a bullish closing MM? Are you viewing the right stock? Red also bullish?😮
============
@DonC Another bullish day
Better throw ur ‘candlestick book’ flush down toilet - really teach u nothing leh
11 hours ago
Looking good closing 4.15
Lets continue upward momentum tomorrow finish week strong
11 hours ago
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.
11 hours ago
“MoneyMakers
@DonC Normal lo got red/green day - need see bigger TA picture
Today red looks bullish to me..just wait&see tomorrow lo
----------------------
DonCandleone
Bro there is no way you just said that, I think dont dig a deeper hole sia..Still got time to delete this...Red also bullish?😮”
===========
Yalor alrdy explain ystrdy need see bigger TA picture
Newbie doesnt understand red candle can be bearish/neutral/bullish depend on bigger TA picture aiyoyo
11 hours ago
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.
10 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..
9 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
8 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
------------
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
------------
Stuck even when bursa up 1650 pts
Feel people wait sell expecting bad QR soon
-----------
2 more days margin call b4 bad QR (expected Thur) - lets see how low can go
-----------
Late selloff continue ystrdy red
Seems people want exit b4 bad QR (GenS bad) out
-----------
Crazy evening selloff - wait&see how bad QR later
-----------
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
-----------
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??
-----------
Everywhere weak economy - GenS/GenM alrdy affected Inflation destroy wealth
-----------
Walao afternoon red alrdy - just need break under 4.30 then bye2
-----------
If GB future soo good (look forward) - wouldnt be 4.3 now
******************
<Before MM buy, he will always do his evil bad karma tactics non-stop fear mongering here>
8 hours ago
Posted by mushimushi > 1 month ago | Report Abuse
SGD 500m sudah mau mari, go go go!!!
----------
Tomorrow confirm gap up!!
Tomorrow 4.8
##################
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.
--------
I have never shorted a single GenB stock. Better watch the stock's price action, the market is already whispering something now....
---------
Trader has already given his views if you have read his posts carefully over the past couple of days.
*******************
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
.
8 hours ago
Why you get emo when people bringing mother into the conversation, you are so sensitive? your mother brought you up wrong, letting you sk other boys at school, we ought to call you AngayKlown.
8 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
-----------------
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.
----------
Posted by kent9988 > | Report Abuse
@atk 怎么看哦 一直跌😔
----------
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 🙏🙏
8 hours ago
Posted by mushimushi > 1 minute ago | Report Abuse
Why you get emo when people bringing mother into the conversation, you are so sensitive? your mother brought you up wrong, letting you sk other boys at school, we ought to call you AngayKlown.
----------
You started calling mothers and shxt. What SK? The K leave it to your mother to suck. KNNBCCB la
8 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 🙏🙏”
==============
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
7 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
7 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
----------------
Aiya who always spinning BS here ownself delete own posts everyone here know la
7 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?
7 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.
7 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..
7 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..
7 hours ago
@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？
7 hours ago
I’m hopeful that we will see 1 USD = 3.80 MYR by the end of next year.
Cheers!!
7 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.
7 hours ago
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