I understand that not all posts will appeal to everyone. If you find this content uninteresting, feel free to skip it.

Historically, casino stocks have shown sensitivity to broader economic conditions, including interest rates, currency fluctuations, and investor sentiment.

Historical Context of Casino Stocks:

1) Economic Cycles: Casino stocks often perform well during periods of economic growth when discretionary spending increases. Conversely, they can struggle during economic downturns as consumers cut back on leisure activities.

Example: Extraordinary achievement in attaining 5.8% economic growth in Q2 2024.
👍👍👍👍👍
2) Interest Rates: Lower interest rates typically reduce borrowing costs, which can benefit casino companies that often carry significant debt. Additionally, lower rates can stimulate economic activity, leading to higher consumer spending, which is positive for the casino industry.

Example: The Federal Reserve is expected to cut interest rates in September 2024, which could help the casino industry by reducing borrowing costs and stimulating spending.
👍👍👍👍👍
3) Currency Fluctuations: A weaker US dollar can boost tourism as it makes travel to the US cheaper for international visitors, potentially increasing casino revenues.

Example: With the US Federal Reserve contemplating interest rate cuts in September 2024, the resulting depreciation of the US dollar is likely to reduce market uncertainty and restore investor confidence.
👍👍👍👍👍
4) Market Volatility: Reduced market uncertainty and lower volatility can enhance investor confidence, making stocks, including those in the casino industry, more attractive.

Example: The anticipated interest rate cuts and subsequent depreciation of the US dollar in September 2024 are expected to reduce market uncertainty and restore investor confidence.
👍👍👍👍👍

Historically, casino stocks have shown sensitivity to broader economic conditions, including interest rates, currency fluctuations, and investor sentiment.

Historical Context of Casino Stocks:

1) Economic Cycles: Casino stocks often perform well during periods of economic growth when discretionary spending increases. Conversely, they can struggle during economic downturns as consumers cut back on leisure activities.

Example: Extraordinary achievement in attaining 5.8% economic growth in Q2 2024.
👍👍👍👍👍
2) Interest Rates: Lower interest rates typically reduce borrowing costs, which can benefit casino companies that often carry significant debt. Additionally, lower rates can stimulate economic activity, leading to higher consumer spending, which is positive for the casino industry.

Example: The Federal Reserve is expected to cut interest rates in September 2024, which could help the casino industry by reducing borrowing costs and stimulating spending.
👍👍👍👍👍
3) Currency Fluctuations: A weaker US dollar can boost tourism as it makes travel to the US cheaper for international visitors, potentially increasing casino revenues.

Example: With the US Federal Reserve contemplating interest rate cuts in September 2024, the resulting depreciation of the US dollar is likely to reduce market uncertainty and restore investor confidence.
👍👍👍👍👍
4) Market Volatility: Reduced market uncertainty and lower volatility can enhance investor confidence, making stocks, including those in the casino industry, more attractive.

Example: The anticipated interest rate cuts and subsequent depreciation of the US dollar in September 2024 are expected to reduce market uncertainty and restore investor confidence.
👍👍👍👍👍

https://www.thestar.com.my/news/focus/2024/07/21/a-new-takeoff-for-malaysias-economic-resurgence
A new takeoff for Malaysia’s economic resurgence

Malaysia's economy is bouncing back, with various sectors showing signs of recovery. Genting Malaysia, a major player in tourism and entertainment, is a key contributor to this resurgence.

Despite the challenges of the global pandemic, Genting Malaysia has remained resilient. Analysts predict a net income of 867 million for the company in 2024. With 57 million earned in Q1, it's expected to bring in around 270 million per quarter for the rest of the year.

Genting Malaysia's resorts, casinos, and entertainment complexes are attracting more visitors as travel restrictions ease. The company's ongoing projects and innovations are set to further boost Malaysia’s economy.

In summary, Genting Malaysia is playing a crucial role in Malaysia’s economic recovery, particularly in the tourism and entertainment sectors.

👍👍

This is an investment in the stock market. I respect the many investors who made millions of dollars during the COVID pandemic while keeping a low profile. They are the true investors in the stock market. Yes, it's all about patience...patience, timing, and strategy. Let's hold on to Genting and prosper together in the next few years.

However, as the world appears to have reached the peak of the inflation cycle, with the US Federal Reserve contemplating interest rate cuts in September 2024, the resulting depreciation of the US dollar is likely to reduce market uncertainty. This shift is expected to restore investor confidence, making casino stocks more attractive. The anticipated decrease in market volatility and improved financial outlook should encourage investors to buy into casino stocks once again.

In actual fact, it's the uncertainty surrounding inflation and the appreciation of the US dollar during efforts to combat inflation that has led investors to stay away from casino stocks. The US dollar's appreciation, driven by the Federal Reserve's interest rate hikes, has created a challenging environment for international revenue conversion and increased market volatility.

https://theedgemalaysia.com/node/719697
Foreign tourist arrivals surged to 9.48 mil as of May 2024 — Zahid

He said the Ministry of Tourism, Arts and Culture has targeted 27.3 million international tourists and an income of RM102.7 billion this year. Cheers!

For GenM, the improving economic environment could also be beneficial.. As the US dollar weakens, the financial impact of any losses from its US operations will be less severe when converted to MYR. This will improve GenM's overall financial performance and attract more investors. Additionally, reduced market uncertainty and renewed investor confidence in the casino sector could further enhance GenM's stock appeal. Go go.. GenM!

The uncertainty around inflation, high interest rates, and the strong US dollar have made investors wary of casino stocks. The strong dollar, due to the Federal Reserve's interest rate hikes, has been tough on these stocks.

Now that inflation seems to have peaked and the Fed is considering cutting interest rates in Sept 2024, the US dollar is expected to weaken. This should reduce uncertainty and boost investor confidence, making casino stocks more appealing. A weaker dollar would benefit US based casinos with international revenue, likely leading investors to buy more casino stocks..

Thanks speakup. It's all about patience and strategy.. wishing you the best with your investments as well.

My investment in Genting was never based on hoping for a miracle FDA approval of TauRx. To me, TauRx is a bait used by traders to con people into buying Genting shares..

I am a strong supporter and shareholder of GenB. I won’t chase high; I have added GenB below 4.60. Please note that whatever I posted on this forum is not a recommendation to buy or sell.

马屁精 is right,
Don't be conned and
don't be cheated..

A stronger MYR relative to the USD can indeed help lessen the financial impact of losses from Genting's US operations when these losses are converted into MYR, thereby improving the overall financial performance of Genting Berhad and Genting Malaysia. This currency effect can be a key factor in the financial stability and performance of the company.. Come q3 and q4 2024, GenB's share price is expected to reach new high..

A simplistic or overly negative assessment of Genting's future performance based solely on the current struggles of US casino stocks might be misleading. Instead, a more detailed and careful analysis that considers various factors, such as currency exchange rates and specific market conditions, is necessary to fully understand Genting's potential..

Betul

Moving forward, it's important to consider the potential effects of a depreciating US dollar on these companies. If the US dollar weakens, it can be beneficial for US based casinos operating overseas, such as in Macau. Revenue from these operations, typically denominated in local currencies, will convert to a higher amount in USD, thus positively impacting the mother company's financials. This currency effect can enhance the overall profitability and financial stability of Wynn Resorts and Las Vegas Sands.

Recently, various stock analysts and "gurus" have been posting negative outlooks about Wynn Resorts and Las Vegas Sands. They often correlate the equity performance of these US based casino giants with Genting, suggesting that if the ang moh casino stocks are underperforming, Genting's performance is likely to be similarly impacted.

@OTB, thank you for sharing your thoughts.
​I appreciate your straightforward approach and your commitment to long term investment in Genting. It's always important to rely on facts and maintain a positive outlook.

Good luck to you too! Cheers!

Go go..Genting

大家都在画大饼…谁的画更大：​
1) GenB : TauRx 老人药
​2) YTLp : Nvidia AI
​3) YTL : 隆新高铁
​
Today, we all begin at the same starting point..
​GenB : 4.83
​YTLp : 4.80
​YTL : 3.62

Yes, dragon328, let's all huat together! Cheers!

不要被骗入场買YTLp 博反弹, 成了高楼接盘侠

If inflation eases, utility prices can come down. When inflation rates decrease, the cost of goods and services, including utilities, tends to stabilize or drop..

Come q3 and q4 2024, GenB's share price is expected to reach new high..

1SGD = 3.45/ 3.46 MYR
1USD = 4.65/ 4.66 MYR

https://www.thestar.com.my/business/business-news/2024/07/18/ringgit-hits-fresh-six-month-high-against-us
Ringgit hits fresh six-month high against US$

Uncertainties persist as investors worry that tech stocks will stumble after the US presidential election. Consider buying tech stocks after the election.

https://www.sinchew.com.my/?p=5772054
美中晶片战恐升級 科技股慘跌 費半崩6.8%

投资者担心 科技股將跌跌跌撞撞到美国总统选举后..

https://www.sinchew.com.my/?p=5771639
Excellent, please push harder to make it visa free permanently.

MAGA: Trump will make the US great again. With Resorts World New York City and Resorts World Las Vegas expected to see exponential growth, Genting Berhad could be headed to the moon!

https://www.cnbc.com/2024/07/17/global-chip-stocks-from-nvidia-to-asml-fall-as-geopolitics-trump-weigh.html
TECH
Global chip stocks from Nvidia to ASML fall on geopolitics, Trump comments

Times have indeed changed since Trump's first term. The interest rate environment is much higher today, and maintaining high rates indefinitely is not sustainable. The Fed may have to balance between supporting the economy and keeping the dollar "strong".

Fed could cut rates by 25 bps in July, another 50 bps to follow in September: Moody’s.

马屁精 is right,
Don't be conned and
don't be cheated..

According to Maybank IB Research, the share price weakness was more likely due to foreign selling from the weaker ringgit compared to the US dollar.

The research house added that since inflation in the United States has tapered down, and the ringgit is likely to recover against the dollar backed by the prospect of the Federal Reserve cutting the interest rate, it hopes the foreign selling will decrease.

“Our FX Research Team forecasts the US dollar/ringgit to recover to 4.600 by end-2024, and 4.500 by mid-2025 from 4.718 as at June 30, 2024.

https://www.aljazeera.com/economy/2024/7/15/malaysia-is-building-malls-like-crazy-but-shoppers-arent-coming
Malaysia is building malls like crazy – but shoppers aren’t coming

Resorts World Genting is crowded with people. Lai lai.. RWG welcome all.

https://www.cnbc.com/2024/07/15/powell-indicates-fed-wont-wait-until-inflation-is-down-to-2percent-before-cutting-rates.html
Powell indicates Fed won’t wait until inflation is down to 2% before cutting rates

1.00 US Dollar = 4.672 MYR

马屁精 is right,
Don't be conned and
don't be cheated..

Finally, I have time to check GenB's share price... a good harvest day for Genting. Go go GenB

https://markets.businessinsider.com/news/stocks/donald-trump-second-term-president-stock-market-implications-inflation-rates-2024-2
What a Trump 2.0 presidency would mean for the stock market

5) Favourable regulatory changes are in place:
- Visa-Free Travel Policy
- Visit Malaysia Year 2026
- MM2H system
Rating: 🌟 🌟 🌟 🌟

A bullish period for casino stocks might occur if the Fed initiates a series of interest rate cuts until 2026. By the end of 2025:

1) The economy is growing or recovering from a downturn.
Rating: 🌟 🌟 🌟 🌟
(Rate cuts are expected to boost economic growth)
2) Interest rates are stable or declining.
Rating: 🌟 🌟 🌟 🌟 🌟
(Expected Fed interest rate cut to continue)
3) Consumer confidence is high.
Rating: 🌟 🌟 🌟 🌟
(Rate cuts are expected to boost consumer confidence)
4) Tourism is on the rise.
Rating: 🌟 🌟 🌟 🌟 🌟
(Rate cuts will boost consumer spending and tourism)
5) Favorable regulatory changes are in place.
Rating: 🌟

Monitoring the indicators below can help you identify potential bullish periods for casino stocks. Current conditions:

1) The economy is growing or recovering from a downturn.
Rating: 🌟 🌟 🌟
(Rate cuts are expected to boost economic growth)
2) Interest rates are stable or declining.
Rating:
(Expected Fed interest rate cut in Sept 2024)
3) Consumer confidence is high.
Rating: 🌟 🌟 🌟
(Rate cut expect to boost consumer confidence)
4) Tourism is on the rise.
Rating: 🌟 🌟 🌟
(Rate cuts will boost consumer spending and tourism)
5) Favourable regulatory changes are in place.
Rating: 🌟
(No favourable regulatory)

躺在那裹没人要？現在..最值得投资的股应该是..GenM

GenM's Q2 2024 financial performance should be OK. Q3 2024 is expected to be better than Q2.., and Q4 2024 should achieve the best quarter since COVID-19 pandemic.

1 USD = 4.6875 MYR now..
Last weekend, I saw 1 SGD = 3.45 MYR at money changers. This bodes well for Genting moving forward.. The favorable exchange rates could potentially benefit GenM, as they have significant dealings or investments in the US..

At Resorts World Sentosa... crowd at the entrance of casino continues unabated人潮不減 and Universal Studio is still full of people..依然是滿滿的人潮。 GenS should be able to see gold dollar... soon.

GenB's share prices have been moving in tandem with Wynn Resorts and Las Vegas Sands for 2 weeks now. It's time for these casino stocks to rise after the June CPI unexpectedly decreases and the 10-year Treasury yield dives. Congratulations to those who added today..

If the US IPO is successful, Boss Lim may take home another RM100 million salary, bringing his total potential salary after the US IPO to RM292.647 million. This could lead to more unhappiness among shareholders, so it might be better to avoid the US IPO 😂

林国泰坐镇
1) 云頂 3182 主板消费股，每年受薪
1亿1378万6000令吉;
(113.786 million)
2) 云顶大马 4715 主板消费股, 担任主席兼总执行长，每年再进账
4763万令吉。
(47.63 million)
若纳入非成分股公司，林国泰的年收入更是可观。

3) 云顶新加坡执行主席，董事费可达 875万新元
(折合约3041万4748令吉)
(30.414 million)

4) 云顶种植, 主板种植股担任副主席，去年领薪酬81万8000令吉。
(0.81 million)

因此，林国泰凭着这4家公司，年度薪酬高达1亿9264万7748令吉。
(192.647 million)

I think that sounds reasonable.. 😀

投资其实是一个孤独的旅程，但不一定孤独..只因有大家相伴