@vanbasten. ... why didn't you buy supermax warrants when supermax was RM3.70? ... why would you buy supermax warrants at current supermax price levels?

Gloves will limit down on the day that ASPs start falling instead of rising. Until then, it's going to be a bit of a chacha dance.
@stocksafeplayer. If only I had bought supermax that day that I told you I was interested in buying it. 80% profit already. Haiz. Oh well...

The vaccines are working very very well. Unfortunatly, other than UK and Israel, most countries vaccination programs are not going fast enough.
Vaccines don't save lives. VACCINATIONS save lives.
It's been almost 2 months, and Malaysia has only vaccinated 400k people so far. ... that's SLOW.

I'd be a lot more confident in our Malaysian market if they could increase our vaccine supply (instead of giving it away to Bosnia and such), and increase our rate of local vaccinations. sigh...

sold my genting already a few days ago. Unfortunatly, I had terrible timing and sold at bottom, dammit. RM4.77 average. feeling super sad I didn't get 4.95 in the last 2 days. Or above RM5 like it was previously.
Trouble is, let's be real. The bazaars and total lack of following SOPs is going to kick off a disgustingly large wave.
... Which might have already been factored in by the market, though, so I'm not sure if selling with the intention of buying back cheaper was such a good idea after all...
Anyhow, I'm expecting daily cases to hit 10k by Raya, looking at the utter lack of social distancing. Locking myself in my condo and not becoming a hermit until I get vaccinated. :(

wtf is with rosland sell buy sell buy zzz

ES-KARIM?
...
but why rosli and rosland and not Karim so far... booo....

@trading2019. DUDE. ... I would not go to a ramadan bazaar if you paid me. Why did you go? ... so dangerous!

@moneymakers, nah, I know some guys who bought TG when it went below RM4.50 and they took profit and ran at 5.50. that's some juicy gains.

well, if the Sarawakians want a full scale MCO in Sarawak, I think they should get it. If that's what the majority of them want.
As for people in Selangor, they don't seem to want another full MCO for Selangor. Some restaurants I go to say it would close them down.

@billgates33, indeed, you don't have anywhere near 10% the predictive powers that the real Bill Gates has. So you're not a billionaire. Are you a millionaire?
You don't appear to have any abilitiy to read financial reports and auditted accounts either. So probably not.

Otherwise, you would realize that, due to it's ridiculous cash reserves, in the case of a prolonged pandemic, Genting is going to be one of the last men standing among the recovery stocks.

You can also read ALL the analysts reports. Whether (the real) Bill Gates or JP Morgan or various other IBs, Yes, almost all of them say that 2021 will be better than 2020, for the local economies, for the employment market, for recovery stocks, and YES, hence for Genting too.
Bill Gates was definitely NOT saying that 2021 will be a better year for Gloves ROFL.

... go read what the REAL Bill Gates is saying, some time. ... he is CLEARLY saying that 2021 will be a year of pandemic recovery compared to 2020.

If you can't even understand something so simple from his blog and his posts, then you obviously have some learning disability. ZZZ...

the real bill gates has been posting very postitive stuff about how vaccines are going to beat the covid pandemic lol...
But this billgates33 only knows how to spam about "covid will continue until end of 2022" without using his brain lol.

Anyhow, those of us with functioning brain cells would know that... Covid pandemic is going to be dealt with in a very uneven pattern. Rich nations will be fully vaccinated very soon, with countries with local vaccine production capacity being first to be fully protected. Poor nations without access to vaccines are going to be stuck with covid for a long long time.

As for Malaysia, well, sadly, our daily cases are rising and our rate of vaccinations isn't as high as it should be. Not good. Khairy and Muhyiddin/ mahaidin really need to speed up the vaccination schedule. We haven't even added children to the list of candidates yet. zzz.

@billgates33. ... obviously, bill gates is NOT your idol. zzz.

https://www.businessinsider.com/bill-gates-these-breakthroughs-will-make-2021-better-than-2020-2020-12
https://www.gatesnotes.com/About-Bill-Gates/Year-in-Review-2020



Bill Gates, on his blog, directly said that 2021 will be better than 2020.
Bill Gates has said several times that he is very optimistic about vaccinations and such.

... zzz.

I think Genting will indeed drop below RM5, possibly all the way back to RM4.50 levels. Interstate ban seems like it will be extended and raya balik kampung might be cancelled again this year. Our dreams of below 500 daily cases by May seems to have failed. Sadly. ... I just hope that we don't get a massive spike after Raya bazaars and balik kampung etc.
I live in Selangor and I'm totally unhappy about our daily cases. Sigh.

I don't know how much the market has already factored in and how much would be new info though. And for some reason I'm still hoping for our numbers to drop below 1k again... sigh...

Yeah, genting only has RM26b cash reserves. ie above RM6 per share. How are they going to be able to afford to give out dividends??? :O
That was sarcasm by the way. With over RM8 NTA and RM6 cash per share, you are wrong, Genting can afford to increase it's dividend much higher LOL.

BTW, are you planning to also follow your hero the original bill gates, and give away all your money to charity? ... I guess you probably are, no wonder he is your hero lol.

and how did you arrive at this figure of 1B loss lol? You got any earnings estimates? Any figures? ANYTHING? ... just empty talk, there's no solid reasoning at all. zzz.

https://prnt.sc/11aenh0

Eh. Did genting give out 50% less dividend the final quarter? Which quarter are you talking about and which quarter are you comparing with?
... truly, empty talk. ZZZ...

@SSP, lol, this billgates33 made his 1st comment on i3 on 30th March, less than 2 weeks ago. Since then, he has done nothing but bad mouth Genting. He literally created this account less than 2 weeks ago for the sole purpose of bad mouthing Genting lol.
That's another reason why I told you guys, it's just a 2nd account made by shareinvestor88. ... If you notice, the rest of the 88 family has disappeared. In other words, SI88 gave up on those accounts and made another one... which is also failing.

Anyhow, let him talk what he likes, let's indeed see what happens for Q1 results. ... It is indeed due in May, but I don't know why he says 28th May. Any announcement on that?

Unfortunatly, my personal opinion is Q1 will indeed be red, due to the interstate ban. I'm expecting losses of around RM300m for Q1. Don't know what the market or IBs expect. Unless there are some big one time items like insurance claim, tribal writeback, or such. I don't think that profits from GenS and the American side, Palm Oil, Power, etc will be enough to cover Malaysian casino losses.

billgates33 forecast of over 1b or 2b losses is pretty much delusional though. Back during international total lockdown when all divisions were bleeding, group berhad was RM1.66b. ... For the last 4 quarters,, Genting's QR throughout the pandemic was -218m. -1660m, +60m, +291m. Q1 2021 is not going to be near anywhere as bad as Q2 2020, because Genting was open but with interstate ban, and also because the sub divisions are contributing revenue this time.

@moneymakers. ... well, good great, for brits and USA and Israel etc, but, I might not be the most patriotic person around, but I'm patriotic enough to say MALAYSIA FIRST. ... I care most about when our own country is going to hit herd immunity... sigh...
Well, at least we're doing better than some nations that are totally no vaccinations and such... but I still hope that we can speed up our schedule!

@billgates33 .... thank you for your honesty. ... (cough cough cough) ... ROFL!!!

@SSP, ok my bad, I thought that billgates33 was a paid troll, who is paid to come here and badmouth genting. ... so he's "just" a Top Glove Employee... 21st floor, so I'm guessing management level.
...
@SSP don't blame the guy then... he's just doing his job, just following LWC's orders, ok?

"billgates33 Sure, meet me here.

Level 21, Top Glove Tower, 16, Persiaran Setia Dagang,
Setia Alam, Seksyen U13, 40170 Shah Alam,
Selangor D.E., Malaysia.

Look for Jay Feng when you are there if dare, don't chicken out. "

@stocksafeplayer. ... errr.... I think he might be telling the truth. ... also, this guy is a "genius" who just admitted to us the truth.
...

So... billgates33 just admitted that he is a Top Glove employee...

...
...
...

Well... erm.... so. NOW, does it make sense why he bad mouths genting and praises top glove? ... hahaha.

@SSP don't waste your time lor...

I would be HAPPY if Genting Gulung Tikar...close down, sell off all it's assets, and distribute cash to all it's shareholders.
By my estimates, all genting shareholders get back between RM7 to RM9 cash, if Genting Berhad closes shop this month...

AAARGH!!!! ... shareinvestor88 aka billgates33, why did your disguise fail so fast? ... now it's all your fault, gloves crashed today and genting is RM5.20.
Could you not have kept your disguise up a few more days and let me collect genting below RM5??? ... What the heck man... whoever is paying you to do this bad omen calls is going to cut your salary.
... dude. I was originally aiming for genting RM4.65, but I lowered/raised my target to anything below RM5... and you failed to even achieve THAT. ... you are such a disappointment! :(

" billgates33 Seriously, can forget about genting until december 2021. Because genting Q1 2021, aug 2021 lockdown, 4th covid-19 wave and winter 2021 flu season enough to bring genting back to rm 3 if not rm 1.50.

Buy bye guys."

...

"Buy bye guys"

...

Dude. You were doing so well. Managed to make this new account, you were trying to sound like this totally different guy... but you made 2 mistakes.
Firstly, you just couldn't resist ending your username with 33, 88, or whatever number. And you had to use your repeating numbers too.
Secondly, you accidentally used your favourite "buy bye" line.

Shareinvestor88, good luck next time...

@sharewiz118... why did you buy 4 different genm warrants? Instead of just buying the best one?

@sharefisher. Yeah I think RM4.65 is too low now. ... but maybe RM4.95 or anything below RM5 would be possible? ...

@shareinvestor88 ... please shut up. Every time you talk, Genting price goes up. And I am queueing at RM4.65 or at least hoping for it to drop below RM5 so I can top up, BUT IT REFUSES TO DROP.

@shareinvestor88 I know you are the huat indicator who makes genting go up when you curse it down, but could you take a holiday and let Genting slide below RM5? Go take a break for a few weeks and maybe I can get my RM4.65 target price... :(

Genting seriously no volume today. only 1.5m shares traded... looks like everyone lost interest for the moment lol...

@SSP, no they're not. Gloves all green today.

Personally, I would love for it to drop below RM5 so I can collect some, or shoot up so I can offload some warrants, but, it seems to be stuck in trading sideways mode... not much movement in any direction.
Construction and property seem to be the favourites for punters right now...

SINF. yeah, we should feel fortunate that Malaysia managed to secure decent amounts of vaccine. Some countries are really not getting any supply. cialat!

@choysun, thanks so much for the link! ... yes, I agree, it looks like it's going to be a hit. My sincere opinion. You guys know that I've been hesitant about RWLV and their 75% non gaming revenue plan was the one that managed to make me cautiously optimistic. Having been to Vegas, I would say that this high class Asian Food Court is a great idea, because it doesn't have overlap with other eateries already there AFAIK, so I'm expecting great things from this one. The only thing that makes me wary is the "Michelin Star" that he talks about in that video... is it going to be hawker food, at Michelin Star restaurant prices? Or will it be affordable eats for the whole family? hmm, maybe a bit of both. Definitely has a ton of potential and I will look forward to see how this Asian Food Court performs in the upcoming months!

when is the genting AGM?
Shareholders of both companies in the last AGM, held on June 22, 2020, approved the share buy-back. The renewed share buy-back authority will expire at the conclusion of the forthcoming AGM.

StockIsNotFun: Apparently they have permission all along, but they chose not to do it. Hmm.

https://www.theedgemarkets.com/article/genting-genm-seek-shareholders-nod-share-buyback

https://themalaysianreserve.com/2021/03/26/covid-19-more-individuals-to-be-vaccinated-next-month/

Awaiting my vaccine! (i have co-morbodities) Next month! whee!

Waiting for them to open vaccination up to kids...

@ssp. ... actually, I was waiting for supermax shares to drop to RM1.50 before I buy lol

@ssp,,, and that's why gentb share price is now 50c higher than TG...
... I'm slightly tempted to diversify a bit and buy some supermax though. their profit per share is higher than TG, but their price is lower, and with their factory in USA (which might fail due to high costs), they might take over TG's USA market.

genting lao sai? dude, it's RM5.20. ... I agree that those who bought at RM9 are not too happy with the current price, indeed.
As for me, my average price is around RM4, so... hahaha.

As for Q1 2021 results, probably a bit red, cause of the MCO2. unless the insurance claim goes thru or one of the other writebacks.

Meanwhile, I have no idea why people are buying up Ambank... that one is going to be really really deep in red, for quite a while.

thanks jonny8855!!! ... what's your source? faster than covid MOH!

No it won't. All my call warrants are deep in the money. They will all mature with the issuer paying me cash upon expiry.

GHK rescue plan is... Ho Wah Genting will buy it out? Since they both have the word Genting in their name? Ho Wah Genting probably has more GHK shares than Genting group combined. Or maybe HONG KONG EXCHANGES AND CLEARING (HKEX) will bailout GHK since they both have "Hong Kong" in their name.

They are UNRELATED PARTIES. There is no "sister company bailout" because they are not sister companies. Unlike Empire Resorts where GenM was the largest shareholder and they took the thing private. ... and that might have been more of a "throw out the old management and take it over" rather than a bailout.

... you think LKT is the same as LWC, where Tropicana did a bailout of TG by buying it's shares to support the share price? ... well, now Tropicana has millions of shares in TG anyhow. ... Genting Group, AFAIK, owns ZERO shares in GHK.

... According to this logic, RWLV success should be connected to Tesla, because Elon Musk is also involved in the tunnel from RWLV to convention centre.

As I said. GHK can go bankrupt. It does not affect Genting in the slightest. GHK could be taken private. It does not affect Genting in the slightest. GHK can be sold off for $500b... it does not affect Genting in the slightest.

...

If you talk about the LKT connection, you can clearly see LKT moving money making assets out of GHK, selling off the profitable operations to himself and related parties.
It's pretty likely that LKT has decided to exit GHK.
I am expecting to see an announcement later on about him selling off GHK to some other cruise line company.

Seriously, take a good look at what he's selling off (to himself). He's selling off the good stuff and leaving the bad stuff in GHK. ... if he wanted to raise funds while staying in GHK, he would be selling off the money losing assets while keeping the good ones.

I personally expect, within the next 2 years, GHK will be sold off to another cruise line company or to some other 3rd party, and it will not contain the Genting name any more henceforth.

We just wait and see if my prediction comes true, ok?

well, sad part is that our daily cases can't stay down. it would be great if daily cases could drop.

My personal guess is that Genting Berhad will make a loss of RM250-500m in Q1 2021. ... I don't think that they can do what they did last quarter and scrape out a profit. Unless the writebacks come in or something.

@sharefisher. and today, we AGAIN missed 5.01

@emsvsi... I ALREADY have FOMO now. I queued to buy another 100k units at RM4.65, far too low... not even close to triggering zzz. I could have listened to my friends and queued above RM5, but I wanted to bargain hunt... sigh...

@emsvsi, for me, I'm looking for the tribal indian writeback, the insurance claim. the NYC casino license. Yokohama license,
At the back of my mind, there is a faint, super super faint, hope that their new management might somehow turn RW catskills into a profit making entity. But this one is truly a long shot. It's not impossible, and I'm sure that that is their long term goal, but whether it materializes is another matter.
The other things we mentioned are a LOT more likely to happen... soon.

@emsvsi, no idea when cellularity is going to show up in valuation though.
Skyworlds, hasn't opened yet. I'm looking forward to it, for various reasons, and will be looking at what packages they are offering. IMHO, they should do what Disneyland USA does and sell Annual Passes.
RWLV: This is looking good, since LV is looking like it's bustling again! ... when does it fully open though?

Depend what you mean by short term lol.

@twynstar... thanks so much for that link! ... huh. I was just mildly optimistic about RWLV, but, now I'm more optimistic than before.
Hope the visitors are mainly vaccinated already... don't want a cluster in Vegas!
Wait. what. Some guy at 0:55 says his numbers might be slightly higher than pre-pandemic???

@ssp, good for you, for me, mixed bag, because I sold most of my warrants and I've been camping to buy genting mother share at RM4.55 rofl... and of course, it has not gone anywhere near that target price... MEH.

that's the reason GHK stock price is going up and up... pump it up before dumping it to some sucker at the current high price. LOL.

http://www.ggrasia.com/chairman-lim-aids-gen-hk-with-us8mln-stake-in-yacht-biz/

what "aid", what "save". LKT bought SGD14m worth of shares (at current valuation) for the price of SGD10m.

For those who have been paying attention, LKT's son resigned as GHK deputy CEO, and he bought out the zouk nightclub from GHK for some good price when he left.

In my opinion, It seems likely that the Lims have decided to wind up GHK and will be buying all the profitable assets from GHK at bargain prices, and eventually they will sell off GHK to some 3rd party. (not to any member of the Genting Group)

@SSP condo had massive power outage. Had to live outside my home for like a week. Was extremely annoying.

@stocksafeplayer. ... WAIT WHAT. ... you're a woman??? ... a married woman??? (or a man married to a man I guess... bit difficult to do in Malaysia though)

I would have never suspected! I always thought SSP was a middle aged man! :O

@shareinvestor88 thanks! for this!

https://www.nst.com.my/news/nation/2021/03/675428/dont-lift-interstate-travel-ban-now-say-medical-experts

Epidemiologist and biostatistician Associate Professor Dr Malina Osman said it was expected that the number of Covid-19 cases would continue to be on a downward trend for the next two to four weeks.
"If the current pattern continues, we can expect active cases to reach three digits in three to four weeks. And with the proportion of those receiving vaccines increasing, I think the number of infections will further decline during the fasting month," she told the New Straits Times.

...

I actually agree with the experts. Short term pain, long term gain.

Anyhow, let's get the daily cases down first before we discuss opening interstate.
Hopefully the government almost doubling the vaccination budget will mean FASTER VACCINATION RATE. So we can get herd immunity in 4 months instead of 8 months, or something... that would be nice...

I forgot who it was who first noticed and declared that shareinvestor88 is our huat indicator. wasn't me, gotta check the old history, but I lazy to do so lol.