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2021-10-13 17:27 | Report Abuse
GENM should soft launch SkyWorld's to selected parties initially....charging millions for a private party for say some VVIP's kids' birthday party etc...ha ha ha ha ha
2021-10-13 17:18 | Report Abuse
The KLCI needs the King of Casino De Bursa Genting (3182) to hit 1600 am I right...ha ha ha ha ha
2021-10-13 16:27 | Report Abuse
Today low volume drop...uptrend to continue to the next galaxy !
2021-10-13 13:58 | Report Abuse
NEXT YEAR SELL TO YOU USD4 PER GENTING SHARE
Posted by shareinvestor88 > Oct 13, 2021 1:52 PM | Report Abuse
WAIT 4.5 THEN 4
2021-10-13 09:43 | Report Abuse
Players will play
Lovers will love
Gamblers will gamble
2021-10-13 09:42 | Report Abuse
Wait for Credit Suisse to upgrade Genting (3182) as the lowest entry to the US and worldwide gaming sector ho ho ho
Hoot9e !
2021-10-13 02:09 | Report Abuse
MGM Resorts International (NYSE: MGM) is up 9.37% !
48.58 USD +4.16 (9.37%)
12 Oct, 2:07 pm GMT-4
"MGM Resorts International was rising sharply Tuesday after shares of the casino operator were upgraded to Outperform from Neutral at Credit Suisse and the analysts boosted the stock’s price target to $68, a Wall Street-high."
Full link: https://www.barrons.com/articles/mgm-resorts-stock-price-doubled-51634043693
Note: MGM was part of the partnership that paid a total of USD 5.6 billion for the 3,000-room Cosmopolitan Las Vegas (MGM paid USD 1.6bil for the hotel operations and the Cherng Family Trust paid over USD 4bil for the property).
For comparison, RWLV has 3,500 rooms at a cost of USD 4.3bil
2021-10-13 00:06 | Report Abuse
The below is extracted from the Bursa announcement here - https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3200302
1. "Following the further easing of operating restrictions since April 2021, RWC’s total gross
gaming revenues in 2Q21 were at 95% of 2Q19 levels. More notably, Empire had a
successful turnaround in the business and achieved positive earnings before interest, tax,
depreciation and amortisation (“EBITDA”) of USD3.5 million in 2Q21."
Note: Empire was already EBITDA positive in 2Q21
2. "Assuming full conversion into Common Stock of the currently outstanding 1,510 shares of
Series F held by KH (convertible into 7.55 million Common Stock at a price of USD20 per
Common Stock), 400 shares of Series G held by GER II (convertible into 2 million Common
Stock at a price of USD20 per Common Stock), GENM’s effective shareholding in Common
Stock is approximately 44%. Including the full conversion of the existing 1,700 shares of
Series L and the Proposed Equity Injection (1,500 new Series L) held by GER II at the earliest
in FY2030 (convertible into in aggregate 32 million Common Stock at a price of USD10 per
Common Stock), GENM’s effective shareholding in Common Stock will be approximately
66% in FY2030.
With this Proposed Equity Injection, GENM would have invested a total of up to USD524.4
million in Empire. KH’s total investment to-date, through common equity, preferred equity and
an unsecured loan, is approximately USD525 million."
Note: Including the conversion above, total investment of GENM would be about USD884.4mil* for a 66% stake in Empire in FY2030
* 524.4mil + 2mil x USD20 + 32mil x USD10
3. "In addition to RWC’s strong financial performance, Empire’s future growth and prospects are
enhanced by:-
(i) Orange County video gaming machine (“VGM”) opportunity which involves developing and operating a VGM facility at 90,000 square feet space previously housing the Newburgh Mall, Orange County. The VGM facility, to be named Resorts World Hudson Valley, will feature approximately 1,300 VGMs, a bar and a lounge and is expected to be completed in 2H22; and
(ii) the mobile sports betting opportunity in New York State, to which Empire has submitted a bid for in August 2021, as part of a consortium known as Sports Information Services Ltd, doing business under the name of “Kambi”. The Kambi consortium includes Caesars Sportsbook, PointsBet, Rush Street Interactive, WynnBet, which are well-known in the gaming industry. The outcome of the bid is expected to be announced by end-2021."
Note: The injection is for a) Newburgh Mall VGM development and b) New York State mobile sports betting bid. Mobile sports betting is a game-changer (see: Draftkings; Penn Gaming)
2021-10-12 12:27 | Report Abuse
The resistance keeps getting pushed back ha ha ha ha ha...first 5.05...then 5.10...then 5.20...then 5.25 and now 5.30...operator also can't stop the King of Casino de Bursa, Genting (3182)
2021-10-12 12:23 | Report Abuse
TOLD YOU TO LOOK AT LANGKAWI. ALSO FORUMERS HAVE SHARED LINKS OF THE VISITORS TO GENTING (NOTE: IT'S ONLY A MONDAY I.E. WEEKDAY) AUNTY YOU DUNNO READ KA
Posted by shareinvestor88 > Oct 12, 2021 12:04 PM | Report Abuse
BUY BYE OUT TOUCH REALITY
2021-10-12 10:43 | Report Abuse
All glove investors should diversify their portfolio to Recovery stocks and Genting (3182) NTA=RM8.47 is still below its pre-covid price of RM6.1x
1971 Genting Highlands Opens
2021 50 Years of History and Growth
2009 Global Financial Crisis
2020 Covid-19 Pandemic
2009 Year of the Ox
2021 Year of the Ox
2010 Resorts World Sentosa (SG) opens
2021 Resorts World Las Vegas (US) opens
2009 Mar RM3.08 (low) to 2011 Nov RM 11.98 (all time high)
2020 Nov RM2.95 (low) to 2022 Xxx RM ????
History always repeats itself
Sincerely,
emsvsi
2021-10-12 10:42 | Report Abuse
All glove investors should diversify their portfolio to Recovery stocks and Genting (3182) NTA=RM8.47 and still below its pre-covid price of RM6.1x
1971 Genting Highlands Opens
2021 50 Years of History and Growth
2009 Global Financial Crisis
2020 Covid-19 Pandemic
2009 Year of the Ox
2021 Year of the Ox
2010 Resorts World Sentosa (SG) opens
2021 Resorts World Las Vegas (US) opens
2009 Mar RM3.08 (low) to 2011 Nov RM 11.98 (all time high)
2020 Nov RM2.95 (low) to 2022 Xxx RM ????
History always repeats itself
Sincerely,
emsvsi
2021-10-12 10:34 | Report Abuse
IN UNCLE LIM WE TRUST
GENTING TO THE SKIES AND BEYOND
2021-10-12 10:31 | Report Abuse
WHEN PEOPLE MOUNTAIN PEOPLE SEA AT MALAYSIA'S TOP TRAVEL DESTINATION AND EVERY NEWS AND EVERY SOCIAL MEDIA FB LIVE TIKTOK INSTAGRAM TELEGRAM WHATSAPP YOUTUBE SHOWS IT, MR MARKET WILL NOT BE ABLE TO IGNORE GENTING'S DEEP VALUE
BUY AS MUCH AS POSSIBLE WITH ULTIMATE CONVICTION
2021-10-11 20:00 | Report Abuse
October is just the beginning...hypersonic in Nov Dec Jan 22 ha ha ha
2021-10-11 10:27 | Report Abuse
Genting Singapore Ltd 0.77 SGD +0.045 (+ 6.21%)
11 Oct, 10:25 am GMT+8 ·Disclaimer
SGX: G13
2021-10-11 09:26 | Report Abuse
All glove investors should diversify their portfolio to Recovery stocks and Genting (3182) NTA=RM8.47 and still below its pre-covid price of RM6.1x
1971 Genting Highlands Opens
2021 50 Years of History and Growth
2009 Global Financial Crisis
2020 Covid-19 Pandemic
2009 Year of the Ox
2021 Year of the Ox
2010 Resorts World Sentosa (SG) opens
2021 Resorts World Las Vegas (US) opens
2009 Mar RM3.08 (low) to 2011 Nov RM 11.98 (all time high)
2020 Nov RM2.95 (low) to 2022 Xxx RM ????
History always repeats itself
Sincerely,
emsvsi
2021-10-11 09:23 | Report Abuse
GG = Go Genting ! Genting Green !
2021 = Visit Genting Year !
2021-10-11 09:22 | Report Abuse
All glove investors should diversify their portfolio to Recovery stocks and Genting (3182) NTA=RM8.47 and still below its pre-covid price of RM6.1x
1971 Genting Highlands Opens
2021 50 Years of History and Growth
2009 Global Financial Crisis
2020 Covid-19 Pandemic
2009 Year of the Ox
2021 Year of the Ox
2010 Resorts World Sentosa (SG) opens
2021 Resorts World Las Vegas (US) opens
2009 Mar RM3.08 (low) to 2011 Nov RM 11.98 (all time high)
2020 Nov RM2.95 (low) to 2022 Xxx RM ????
History always repeats itself
Sincerely,
emsvsi
2021-10-11 09:13 | Report Abuse
Dear Mr Koon Yew Yin,
You must understand, steel stocks may or may not rise, however what is proven is that the sector is highly cyclical and subject to one-offs. Foreign investors know this
What is not one-off is Gaming. After all, gambling is human nature and is as old as Man himself.
In fact, with all the other travel and tourism stocks closing due to the pandemic, Genting's attractions in Genting Highlands, US & Bahamas, UK & Egypt will be that much more attractive - as the aphorism goes, 'what doesn't kill you, makes you stronger'.
As such, we hope that you are able to take a position in Genting before you miss the boat on the greatest run in Genting's history
1971 Genting Highlands Opens
2021 50 Years of History and Growth
2009 Global Financial Crisis
2020 Covid-19 Pandemic
2009 Year of the Ox
2021 Year of the Ox
2010 Resorts World Sentosa (SG) opens
2021 Resorts World Las Vegas (US) opens
2009 Mar RM3.08 (low) to 2011 Nov RM 11.98 (all time high)
2020 Nov RM2.95 (low) to 2022 Xxx RM ????
History always repeats itself
Sincerely,
emsvsi
2021-10-10 23:16 | Report Abuse
ALREADY TOLD YOU ABOUT LANGKAWI VISITORS - EXPECTED 200,000 VISITORS BUT NOW 400,000 AND FORECAST TO SURPASS 600,000 BY OCTOBER
IN 2019, TOTAL VISITORS TO LANGKAWI WAS 3.9 MIL* (ABOUT 325,000 PER MONTH OR ABOUT 487,500 VISITORS FOR 1.5 MONTH - 16 SEP-31 OCT = 1.5 MONTH)
IN OTHER WORDS, THE LANGKAWI TRAVEL BUBBLE VISITORS HAVE SURPASSED 2019 NUMBERS AND NOTE THAT SEP-OCT IS NOT EVEN PEAK SEASON)
*source: https://www.straitstimes.com/asia/se-asia/first-batch-of-tourists-arrive-in-langkawi-under-covid-19-travel-bubble
Posted by shareinvestor88 > Oct 10, 2021 7:57 PM | Report Abuse
lets me realistic , times are bad. it's survival rather than vacation casino. Out of touch
2021-10-10 17:40 | Report Abuse
In fact the July 2021 GGR for Nevada has not only surpassed pre-pandemic levels, it is at ALL TIME HIGH
Just as the number of visitors to Langkawi has exceeded all expectations
You must understand Gaming and Travel are human nature
Now you see what I see
GENTING TO THE SKIES AND BEYOND
2021-10-10 17:10 | Report Abuse
SOP for inter-state tourism in place, says Nancy Shukri
Sunday, 10 Oct 20213:03 PM MYT
Nancy cited the reopening of Langkawi as a good example of reviving of the tourism sector.
She noted that the Langkawi travel bubble was expected to attract 200,000 local and foreign visitors following its launch on Sept 16.
"We reached 300,000 and have now exceeded 400,000. The numbers are expected to pass 600,000 by this month," she said at the launch of the The“Travel Safe Alliance” on Sunday (Oct 10).
Full link: https://www.thestar.com.my/news/nation/2021/10/10/sop-for-inter-state-tourism-in-place-says-nancy-shukri
Comments: Langkawi travel bubble expected 200,000 visitors. Will pass 600,000 this month (October). Pent up demand and revenge travel and revenge gaming and revenge spending at Malaysia's top travel destination, Genting Highlands. For comparison purposes, in Nevada, the GGR has exceeded pre-covid levels
2021-10-10 08:22 | Report Abuse
Oct - RM 6
Nov - RM 6.88
Dec - RM 7.88
Jan 22 - RM 8.88
2021-10-10 08:19 | Report Abuse
SAYS THE AUNTY WHO'S STILL Q-ING AT 3.50
HA HA HA HA HA
Posted by shareinvestor88 > Oct 10, 2021 12:29 AM | Report Abuse
OUT OF TOUCH
2021-10-09 21:41 | Report Abuse
INDEED IPHONE'S ARE SOLD OUT, MALLS ARE FULL, AND AFTER 2 YEARS OF BEING LOCKED UP AT HOME THERE'S A LOT OF TRAVEL MONEY SAVED UP. SEEMS LIKE ONLY THE SHAREINVEVSTOR88 WHO MISSED OUT ON GENTING (3182) WILL HAVE NO MONEY TO SPEND HA HA HA HA HA
Posted by shareinvestor88 > Oct 9, 2021 9:28 PM | Report Abuse
Buy as much as you can. I can see the current economic situation.
2021-10-09 14:29 | Report Abuse
Roads in Klang Valley all packed ! When interstate reopened, they will all Go Genting !
GG = Go Genting !
Year 2021 Visit Genting Year !
2021-10-08 11:51 | Report Abuse
Relax guys...as stated earlier AA only jumped on 23 Sep, 1 week after the Langkawi travel bubble began on 16 Sep 2021, which was announced on 9 Sep by the Ministry of Tourism, Arts and Culture
If we take the same 1 week timeline and assume interstate (90% of adults 2 dose) is allowed next week 11-15 Oct, then Genting can be expected to make the jump on the week of 18 Oct
When the market sees the jam all the way up to Genting Highlands and long queues and fully booked hotels, it wont be able to ignore it, like in AA's case with Langkawi travellers
2021-10-07 22:40 | Report Abuse
Dear Steel Investors,
You must understand, glove stocks may or may not rise, however what is proven is that the sector is cyclical and subject to one-offs
What is not one-off is Gaming an Genting (3182). After all, gambling is human nature and is as old as Man himself.
In fact, with all the other travel and tourism stocks closing due to the pandemic, Genting's attractions in Genting Highlands, US & Bahamas, UK & Egypt will be that much more attractive - as the aphorism goes, 'what doesn't kill you, makes you stronger'.
As such, we hope that all investors to take position in Genting before you miss the boat on the greatest bull run in Genting's history
1971 Genting Highlands Opens
2021 50 Years of History and Growth
2009 Global Financial Crisis
2020 Covid-19 Pandemic
2009 Year of the Ox
2021 Year of the Ox
2010 Resorts World Sentosa (SG) opens
2021 Resorts World Las Vegas (US) opens
2009 Mar RM3.08 (low) to 2011 Nov RM 11.98 (all time high)
2020 Nov RM2.95 (low) to 2022 Xxx RM ????
History always repeats itself
Sincerely,
emsvsi
2021-10-07 22:30 | Report Abuse
US Markets Dow Nasdaq S&P 500 are all flying
Remember stonks only go up
And one should never time the market
Sincerely,
EMSVSI
2021-10-07 20:09 | Report Abuse
Good closing. A lot of pressing down to control price...but more volume means when breakout it will be unstoppable
2021-10-07 14:33 | Report Abuse
BREAKING NEWS: Malaysia buys 150,000 courses of Merck's Covid-19 pill — MOH
Reuters
October 07, 2021 14:10 pm +08
KUALA LUMPUR (Oct 7): Malaysia has struck a deal with US drug maker Merck & Co to buy 150,000 courses of its experimental antiviral pill, the Ministry of Health (MOH) said on Thursday, joining other Asian countries in a rush to secure supplies.
Molnupiravir, which would be the first oral antiviral medication for Covid-19 if it gets regulatory approval, could halve the chances of dying or being hospitalised for those most at risk of contracting severe Covid-19, clinical data has shown.
https://www.theedgemarkets.com/article/moh-signs-letter-pledge-purchase-antiviral-drug-molnupiravir-increasing-alternative
Note: All patients in the trials had at least one risk factor associated with poor disease outcome at study entry i.e. older age or comorbidities
Comments: Malaysia has learnt the bitter lesson of being too slow. Now it will move at the speed of light
2021-10-07 10:10 | Report Abuse
BEAUTIFUL BUYING PRESSURE...SUPPLY IS SLOWLY BEING SQUEEZED...WHEN IT DRIES UP...IMPULSIVE BREAKOUT WITH HIGH VOLUME...THEN ALL THE WAY PARABOLIC UPMOVE TILL CNY 2022
2021-10-07 09:46 | Report Abuse
Dear Glove Investors,
As you know, I've been advising to take a position in Genting (3182). You must understand, glove stocks may or may not rise, however what is proven is that the sector is cyclical and subject to one-offs
What is not one-off is Gaming. After all, gambling is human nature and is as old as Man himself. In fact, with all the other travel and tourism stocks closing due to the pandemic, Genting's attractions in Genting Highlands, US & Bahamas, UK & Egypt will be that much more attractive - as the aphorism goes, 'what doesn't kill you, makes you stronger'.
As such, we hope that you are able to take a position in Genting before you miss the boat on the greatest run in Genting's history
1971 Genting Highlands Opens
2021 50 Years of History and Growth
2009 Global Financial Crisis
2020 Covid-19 Pandemic
2009 Year of the Ox
2021 Year of the Ox
2010 Resorts World Sentosa (SG) opens
2021 Resorts World Las Vegas (US) opens
2009 Mar RM3.08 (low) to 2011 Nov RM 11.98 (all time high)
2020 Nov RM2.95 (low) to 2022 Xxx RM ????
History always repeats itself
Sincerely,
emsvsi
2021-10-07 09:46 | Report Abuse
Dear Glove Investors,
As you know, I've been advising to take a position in Genting (3182). You must understand, glove stocks may or may not rise, however what is proven is that the sector is cyclical and subject to one-offs
What is not one-off is Gaming. After all, gambling is human nature and is as old as Man himself. In fact, with all the other travel and tourism stocks closing due to the pandemic, Genting's attractions in Genting Highlands, US & Bahamas, UK & Egypt will be that much more attractive - as the aphorism goes, 'what doesn't kill you, makes you stronger'.
As such, we hope that you are able to take a position in Genting before you miss the boat on the greatest run in Genting's history
1971 Genting Highlands Opens
2021 50 Years of History and Growth
2009 Global Financial Crisis
2020 Covid-19 Pandemic
2009 Year of the Ox
2021 Year of the Ox
2010 Resorts World Sentosa (SG) opens
2021 Resorts World Las Vegas (US) opens
2009 Mar RM3.08 (low) to 2011 Nov RM 11.98 (all time high)
2020 Nov RM2.95 (low) to 2022 Xxx RM ????
History always repeats itself
Sincerely,
emsvsi
2021-10-07 09:15 | Report Abuse
Dear Mr Koon Yew Yin,
As you know, I've been advising to take a position in Genting (3182). You must understand, steel stocks may or may not rise, however what is proven is that the sector is highly cyclical and subject to one-offs
What is not is Gaming. After all, gambling is human nature and is as old as Man himself. In fact, with all the other travel and tourism stocks closing due to the pandemic, Genting's attractions in Genting Highlands, US & Bahamas, UK & Egypt will be that much more attractive - as the aphorism goes, 'what doesn't kill you, makes you stronger'. As such, we hope that you are able to take a position in Genting before you miss the boat on the greatest run in Genting's history
1971 Genting Highlands Opens
2021 50 Years of History and Growth
2009 Global Financial Crisis
2020 Covid-19 Pandemic
2009 Year of the Ox
2021 Year of the Ox
2010 Resorts World Sentosa (SG) opens
2021 Resorts World Las Vegas (US) opens
2009 Mar RM3.08 (low) to 2011 Nov RM 11.98 (all time high)
2020 Nov RM2.95 (low) to 2022 Xxx RM ????
History always repeats itself
Sincerely,
emsvsi
2021-10-06 22:42 | Report Abuse
Clear blue skies ahead for Genting
Once it reopens, it will be permanent and irreversible
Mankind now has all the tools to confine Covid-19 to the history books
2021-10-06 20:53 | Report Abuse
Steady rise all the way till CNY 2022 as the path is now clear with mRNA vaccines + boosters and/or multi-variant shots, antivirals, monoclonal antibodies, technology, infrastructure, facilities and all the experience gained from dealing with the pandemic
2021-10-06 15:53 | Report Abuse
Climbing steadily....when interstate and Skyworlds and year-end holidays and molnupiravir is approved and purchased...one by one all the rerating catalysts will come...and then all at once...and then...Genting skyrockets to the skies and beyond
2021-10-06 15:43 | Report Abuse
Keep squeezing supply till it dries up then ✈️✈️✈️✈️✈️✈️✈️✈️✈️
2021-10-06 14:59 | Report Abuse
BREAKING: Singapore inks deal for Merck antiviral pill to treat Covid-19
WED, OCT 06, 2021 - 10:47 AM
[SINGAPORE] The Republic has inked a supply and purchase agreement for an antiviral pill to treat Covid-19 that is said to be effective against all known variants of the virus, including the Delta variant.
The drug was developed by pharmaceutical firm Merck & Co in the United States and Canada, which is also known as MSD elsewhere in the world, together with Miami-based Ridgeback Biotherapeutics. It will be available locally once it has received authorisation and approval for use, said MSD in an announcement on Wednesday (Oct 6).
Full news link: https://www.businesstimes.com.sg/government-economy/singapore-inks-deal-for-merck-antiviral-pill-to-treat-covid-19
2021-10-06 11:59 | Report Abuse
Wow sharefisher I didn't know you were such a big player.......
Posted by Sharefisher > Oct 6, 2021 11:37 AM | Report Abuse
Wau... Huge volume of shares under cross trade.... Hmmmmm......
Posted by Sharefisher > Oct 6, 2021 11:38 AM | Report Abuse
3 million...
2021-10-06 09:26 | Report Abuse
1971 Genting Highlands Opens
2021 50 Years of History and Growth
2009 Global Financial Crisis
2020 Covid-19 Pandemic
2009 Year of the Ox (KLCI + 44%)
2021 Year of the Ox
2010 Resorts World Sentosa (SG) opens
2021 Resorts World Las Vegas (US) opens
2009 Mar RM3.08 (low) to 2011 Nov RM 11.98 (all time high)
2020 Nov RM2.95 (low) to 2022 Xxx RM ????
History always repeats itself
2021-10-06 09:23 | Report Abuse
GENTING WELCOMES ALL TO THE NUMBAWAN TOP PICK SHURE WIN RECOVERY AND VALUE (NTA: RM 8.47) AND GROWTH STOCK OF 2021 THE YEAR OF THE GOLDEN OX
2021-10-05 21:22 | Report Abuse
Let's see how long more Mr Market can ignore the reopening and people mountain people sea and jammed roads all the way up to Genting and fully booked hotel rooms and Skyworlds launching and non-stop social media sharing ha ha ha ha ha
Stock: [GENM]: GENTING MALAYSIA BERHAD
2021-10-13 17:28 | Report Abuse
Bila theme park buka rezeki tentu banyak melimpah ruah am I right RezekiBanyak ha ha ha
Posted by RezekiBanyak > Oct 13, 2021 4:59 PM | Report Abuse
Esok sudah pasti confirm break RM3.20, Genting will make announcement for theme park soon, especially now closing to weekend already. Selepas all the staffs quarantine and negative, Genting will arrange their duty position of new theme park already