Bank cut dividend although still in black every quarter. Genting Malaysia stoll pay dividend when they losing money for almost 12 months. Is that possible? They giving out sweetener just to support the stock price? How can a company survive with negative income & can still be soooooo generous?

Goreng kaki tenaga is a safer bet than GENM which every quarter at loss. Cash flow was ugly. Cash reserves are depleting. Brainless investors like you think you are smart. Don't worry I don't own any tenaga. Just to share my thoughts about you Hahaha

GENM net debts 9.6 billion with a cash reserves of below 2.7 billion as of September 2020. Cash flow in negative positions for 9 months. US and UK subsidiary keep posting loss. More provisions coming from US.

https://www.klsescreener.com/v2/news/view/777639

Previously Genting offered free room for members. And can get a hotel room by redeeming points, at low points without paying cash. Casino less than 50% of patrons. Don't argued with me coz I been there myself. Christmas season suppose to be fill with visitors but not in 2020. Sorry to disappoint you again. CASH FLOW ARE SHRINKING. SELLLLLLLLLL

Old news

Electricity subsidies ended on 31st December 2020.During mco in March to May 2020 tenaga still in profitable position although dropped in earnings. At that time the whole Malaysia under lockdown. Now not the entire nation.

Market will tell the truth. No need to guess

Panic sell. Target price 1.8

This is recovery stock. Stock that still can make money during mco. More users of electricity is a prove that economy are recovering. Stable dividend too

Vaccine arrived only for front liners not for you & me. Only small amount arrive. US is the manufacturer vaccine but look at the cases.