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2023-02-13 16:07 | Report Abuse
another serbaD in the making. game over
2023-02-13 12:38 | Report Abuse
Also a General practice Contract Term in any field is mandatory to have a clause of no Sub-contracting. And this high profile contract seems have omitted it. What the hell.
2023-02-13 12:35 | Report Abuse
I think this PDPA issue is already too late for rescue when many of us is getting unknown scam call or bank call pushing their products. Its too late by now. its already in the circulation.
2023-02-13 11:33 | Report Abuse
One more news on IRIS on investigation/SPRM/scandal...then it will break 0.100.
2023-02-13 11:28 | Report Abuse
Again, the shareprice seem steady at 0.605. But do not underestimate Bigmouth. Bigmouth is more powerful than shorty.
2023-02-13 11:11 | Report Abuse
But if sudeenly the extension of MYEG to 2025 granted. Then fly up again. such is the Golden rules of Bursa. The Big Mouth Phenomenon. So we will see which Mouth do press conference first from now on.
2023-02-13 10:55 | Report Abuse
got project, then now want to sell off.. what craziness is this? isnt it obvious there is Lobster behind the rock?
2023-02-13 10:31 | Report Abuse
Share price is steady now...unless some bigmouth do press conference again. then sell down again. Illogical reaction.
2023-02-03 11:28 | Report Abuse
PETALING JAYA: Casinos in Malaysia and Singapore are expected to enjoy a buoyant 2023, with the return of China tourists, following the full borders reopening of the world’s second-largest economy.
This is set to benefit Genting Bhd, the largest casino conglomerate in South-East Asia, with interests in power, plantations, property and oil and gas sectors.
Through its 49%-owned Genting Malaysia Bhd (GenM) and 53%-owned Genting Singapore plc (GenS), which operates Resorts World Genting (RWG) and Resorts World Sentosa (RWS) respectively, Genting is expected to see strong earnings recovery this year on higher contributions from the two subsidiaries.
According to Maybank Investment Bank Research’s (Maybank IB) estimates, GenM and GenS could contribute about RM1.2bil and RM1.1bil, respectively, to Genting’s earnings this year.
The brokerage also expects GenM and GenS to contribute 33% and 38%, respectively, to its sum-of-parts-based target price for Genting.
“Genting is a good proxy to GenM and GenS’ earnings recovery,” Maybank IB pointed out in its report.
It maintained “buy” on Genting, with a higher target price of RM5.64 a share, as compared with RM5.59 previously.
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The research house also maintained its “buy” call on GenM, with just a slightly target price of RM3.04 a share, as compared with RM3.03 previously.
As for GenS, it recommended “hold”, with a higher target price of S$0.94 (RM3.04) a share, as compared with S$0.88 (RM2.84) previously.
Maybank IB said there would be three themes that would shape the casino sector in 2023.
Besides the return of China visitors, which would benefit GenS in particular, the downstate casino licence tender in New York in the United States would also be an important theme, with GenM seen to be in a good position to win one.
The third theme would be the potential legalisation of integrated resorts in Thailand, which would pose a threat to GenS’ RWS expansion plans if the liberalisation of the Thai integrated resort materialised.
The overall outlook for casino stocks remained “positive”, regardless of the challenges ahead, Maybank IB said.
“As RWG makes available the last 2,500 rooms (total: 10,500 rooms) this year, we expect GenM’s earnings to continue improving. Hotel guests spend way more than day trippers due to longer lengths of stay and play,” it explained.
“We expect RWG to welcome 26.2 million visitors in 2023 (2019: 24.2 million, 2022: 22 million), thanks to Genting SkyWorlds theme park.
“RWG’s margins also ought to expand to 34%-35% from the estimated 31% in 2022, as it employs more automation and fewer staff,” it added.
Maybank IB said if GenM, through its unit Resorts World New York City, bagged a New York downstate casino licence this year, the target price for GenM could be raised by 53 sen per share per licence.
As for GenS, the research house had previously assumed that the mass market gross gaming revenue (GGR) of RWS in 2023 and 2024 to stabilise at 90% of the level in 2019.
It now assumes that RWS’ mass market GGR to recover to 100% of 2019 levels.
The brokerage added that while Resorts World Las Vegas would continue to lag, it would pose no impediment to the recovery of both GenM and GenS, which would drive Genting’s medium-term income.
Maybank IB projects Genting’s earnings before interest, tax, depreciation and amortisation (ebitda) to rebound 97% year-on-year (y-o-y) for the financial year ended Dec 31, 2022 (FY22), as RWG operated on a full-year basis and foreign gamblers return to RWS.
The brokerage forecast Genting’s ebitda to grow by a more gradual 28% y-o-y for FY23 as more visitors return to RWG and RWS post-Covid-19, and to increase 5% y-o-y in FY24 as China mass market gamblers return to RWS.
“We expect its balance sheet to remain in net debt as Genting has been more progressive in paying dividends,” Maybank IB said.
2023-02-03 11:25 | Report Abuse
Now is still Chinese New year celebration in China - 2 weeks long public holiday - China Domestic travelling till Chap Goh May. After the CNY, the next wave is tourism to outside of China, then we will see the tourism sector Boom.
2023-01-31 16:27 | Report Abuse
ok. U- turn adi. Should be up back
2023-01-30 15:51 | Report Abuse
apa macam down like this. prata prata.
2023-01-27 15:26 | Report Abuse
Today just hit RSI top - overbuy....HMMM
2023-01-27 15:24 | Report Abuse
this can be a real uptrend...or actually another net catching small fishes...HMMMM
2023-01-26 20:31 | Report Abuse
This time it will shoot pass 3.0 or even 3.4. Genting Malaysia is a steady horse climbing...a steady climb marks a steady base building. Higher and higher base...matching back old base one by one - an uptrend is inevitable.
2023-01-26 15:08 | Report Abuse
PACKED: Last 2 days i was at Genting for few days. The crowd is back to Pre-Covid. PACKED inside the mall, PACKED outdoor theme Park. ITS PACKED>>>Covid also cannot stop the human PACKNESSS. Shoulder clashing shoulder. China tourist is coming back. ITS PACKED...Gohtong Jaya restaurant PACKED. Cable Car PACKED. Hotel lift PACKED. all parking PACKED. ALL PACKED. Its going to be more PACKEDDDD..SARDIN can also not so PACKED.
2023-01-13 15:59 | Report Abuse
Genting malaysia all out now. the final push to CNY.
2023-01-13 15:03 | Report Abuse
In Assassin Creed, you call this Terjunan Suratan.
2023-01-11 12:24 | Report Abuse
big player sneaked in this morning. ada chance.
2023-01-05 14:46 | Report Abuse
next station = Rm3.40. HLB research
2023-01-05 09:28 | Report Abuse
Train left for CNY destination.
2023-01-03 10:31 | Report Abuse
US market down last week. Thats is why this morning red KLCI.
2022-12-29 20:16 | Report Abuse
3 weeks to cny. Possible up boost after china open up.
2022-12-28 14:35 | Report Abuse
So, buy in again? Buy buy buy..
2022-12-07 23:17 | Report Abuse
Big player entering at 2.58, 2.59.
2022-11-24 17:37 | Report Abuse
It took big courage to hold in this counter last few days till now. Heart is pumping fast daily..now it is worth it...
2022-11-23 15:32 | Report Abuse
Moral of the story: the very thing u attack and condemn the worst will be the very thing you depend on for survival in the end. Think twice before regret.
2022-11-21 16:27 | Report Abuse
entry entry entry entry now now now now now now
2022-11-11 11:33 | Report Abuse
Oil is going uptrend for sure. But this Armada ah...Wat Are you doing?
2022-11-11 09:33 | Report Abuse
Fuyoh = scammer confirmed. Aka fake gurus. All beware. From now on, your view here is as good as void. Up till today not even 0.65. Your research is rubbish. You are now self exposed. Now we know you are the real scammer. End of case.
2022-11-10 21:32 | Report Abuse
Hey Fuyohh...mind sharing to us how much you bleed now? please? or you are averaging down? you also wait for 0.45 to average down right? good boy.
2022-11-10 20:34 | Report Abuse
Those that bleed feels the pain. Or holding till now....Even with much gibberish reasoning or so called in depth research to confidently deny the drop... Is now bleeding. PERIOD. We love YTL. Bleeding is your only medicine. Or maybe not....
2022-11-10 11:01 | Report Abuse
In this chat room, there are scammer people that make believe others to enter when eventually the thing is going on the reverse. So again, as YTL hardcore fans, we are well versed and not affected by the Nay sayer a bit. In the end The nay sayers will eat their own words when the reality hits. Period.
2022-11-10 10:32 | Report Abuse
queing 100,000 units at every price up to 0.50. Come YTL. we embrace you.
2022-11-10 10:26 | Report Abuse
Now the entry gate is widening...Collection to starts now.
2022-11-10 10:24 | Report Abuse
This morning at 0.54. WONDERFUL! Seems promising. Very solid pricing now. Possible even more solid pricing at 0.50?? We are TYL hardcore fans. Way to Go YTL...cheer us up!
2022-11-10 10:19 | Report Abuse
Good Morning. Everyone happy with 3cents dividend? Congrats!...
2022-11-08 15:17 | Report Abuse
top up more 0.430.. going higher and higher, tmrow flyyy
2022-11-03 16:12 | Report Abuse
Go in another round to average down. This should be the bottom at 1.90 - 1.95. keep and hold now. wait till fly
2022-11-03 15:53 | Report Abuse
top up more at 0.410 to average down...we are hardcore Fans.. We believe Armada is going to soar soon, just like Hibiscus. add more into this counter. Showhand.
2022-11-03 14:49 | Report Abuse
RALLY 2 WEEKS, DOWN 1-2 DAYS. Ini macam catch fish wor...keng chou.
Stock: [MYEG]: MY E.G. SERVICES BHD
2023-02-14 10:26 | Report Abuse
there are whale scooping up 0.60 - 0.61