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1 day ago | Report Abuse
The price has been quite stable. Shorties can't short anymore.
Just waiting for those don't have confidence selling all their share. Chinese new year hopefully can break between 4.50 to 5.20 if TauRX could approved.
2 days ago | Report Abuse
Based on this few days volume and price, GenT has found a good support level. Now is just waiting for Q4 results and TauRX. We need more good news. 3.59 is a very good price to invest.
2 days ago | Report Abuse
Let's forget about the past 5.20, 4.80 or 4.60. no point wasting time taking all over again.
Let's discuss about the future and current closing price 3.59.
It's worth to invest at this time at this price. Provide more updates on TauRX if you have.
2 days ago | Report Abuse
Current price 3.59 is undervalue.
If you have confident that TauRX could approve, buy now. TP more than RM5.
Even cannot get approval, Q4 2024 and total year result. TP more than RM4.
3 days ago | Report Abuse
UOB didn't factor in TauRX.
With TauRX could be even higher.
4 days ago | Report Abuse
https://theedgemalaysia.com/node/738035
UOB Kay Hian, in its response to The Edge, said that Genting’s earnings will improve from 4Q2024 onwards as its two main subsidiaries, Genting Malaysia and Genting Singapore Ltd, are “on course to restore their respective pre-pandemic earnings dynamics as hoped”.
“In our opinion, most negative news flow has been priced in at its current decade-low share price, and investors’ negative sentiment shall reverse as they re-divert focus towards Genting Malaysia’s consistent earnings delivery throughout 2025-2026,” said the research house, which revised its target price for Genting to RM5.14, from RM5.84, following the group’s latest quarter results in November.
For Genting, the Resorts World Las Vegas is expected to deliver “robust” performance in 4Q2024, anchored by convention events and Formula 1 Las Vegas, UOB Kay Hian said.
“Genting and Genting Malaysia also offer lush dividend yields of 5.4% and 9% for FY2025 based on our forecasts,” it added.
“The prospects of a weakening US dollar could represent added headwinds to the group,” Yee said, when contacted.
From a forward price-to-earnings perspective, Genting shares last traded at 8.4 times forward PER, compared with its five-year average of 9.46 times, Bloomberg data showed.
Genting has 12 “buy” calls and two “hold” recommendations, with target prices ranging between RM4.10 and RM6.84 for an average of RM5.07. Genting Malaysia, on the other hand, has 13 “buy” calls and three “hold” recommendations, with TPs ranging from RM2.30 to RM3.65 for an average of RM2.93.
6 days ago | Report Abuse
Only brainless person will compare Genting Berhad with Serba.
6 days ago | Report Abuse
Next week is a very important week. If the up trend continues, then year end and next year Snake Year is going to be prosperous.
TauRX Popi Popi 🙏🙏🙏
1 week ago | Report Abuse
LmCK, you should be the marketing director of Genting Berhad.
1 week ago | Report Abuse
If you doesn't like their account, sell all your share and get loss.
Why wasting your time everyday writing long long story here.
You must be a shorties.
1 week ago | Report Abuse
Too many cheap China Car.
Chery car is bigger and cheaper than Mazda.
1 week ago | Report Abuse
How can some crazy person compare Serba Dinamik and Genting Berhad.
He must be from Tanjong Rambutan. His brain got problem.
He doesn't know how to read Financial report, Balance sheet, P&L.
He doesn't know NTA (Net Tangible Asset), PE Ratio and Dividend % calculation.
Quarterly report Revenue and Profit audited by qualified Audit firm.
3 quarter profit more than RM1 billions. You think money drop from the sky ?
1 week ago | Report Abuse
5.20, 4.80 and 4.60 is history.
Now we are talking about 3.60 it's a good entering points. Yesterday I bought some at 3.56 and 3.57.
I think it's time to accumulate before year end and TauRX announcement.
1 week ago | Report Abuse
Your money, you don't like you better sell all and don't come back.
Why wasting time here.
I am still hoping for TauRX approval.
1 week ago | Report Abuse
Genting Berhad making profit more than RM1 billions in 3 quarters 2024.
How many company in Bursa is making more than 1 billion ?
We can't stop the shorties from selling down. They will pay for their bad Karma later.
For sure the company won't close down and will continue making profit and paying good dividend. Better than bank FD.
1 week ago | Report Abuse
Don't listen to all these Shorties.
Current price quite a good support
level. Buy before year end. Before TauRX announcement.
Either Christmas gifts or Chinese New year Ang Pow.
1 week ago | Report Abuse
seller quantity keep changing, so many fake sellers.
1 week ago | Report Abuse
During AGM, LKT speak on TauRX, he sound quite confident.
ATK prediction if approved should be February 2025.
If could approve TP should be more than RM6.
Ley us pray hard hard to God of heaven on 9 day of Chinese New year.
Popi Popi TauRX approved.
1 week ago | Report Abuse
Hiring the new CEO because he is familiar with RWLV IPO listing process is US stocks market.
1 week ago | Report Abuse
Fung Shui for Snake Year.
Genting highland got lot of snake should be good Fung Shui for Genting Berhad. Chinese New year can get a big TauRX Ang Pow.
2 weeks ago | Report Abuse
No more reverse gear. Now moving forward. No more shorties. Now playing musical chairs. Pushing the price up. Train start moving. Better jump in fast before TauRX approved.
2 weeks ago | Report Abuse
Wait long long. Up trend coming.
Next week will know.
2 weeks ago | Report Abuse
I am still hoping for my TauRX and my Chinese New Year ANG POW.
Popi Popi no Taufu please.
2 weeks ago | Report Abuse
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3507149
Resorts World Las Vegas Establishes Board of Directors with Jim Murren as Chairman, Appoints Alex Dixon as Chief Executive Officer
2 weeks ago | Report Abuse
I have a feeling syndicates now is playing a reverse game since the price is very low.
Yesterday the last group of short seller now got burn.
Since they have make a lot money short selling recently, now they will play musical chair pushing the price up by changing hand and they can still continue making money.
The last person holding the balls will get burn. They may push the price above 4 or 4.50 before story end.
2 weeks ago | Report Abuse
Amortization is one time off.
If they can sell that piece of land in US, then one time extra ordinary gain.
2 weeks ago | Report Abuse
https://www.thestar.com.my/business/business-news/2024/12/06/resorts-world-las-vegas-announces-board-members-ceo
KUALA LUMPUR: Genting Bhd's indirect wholly-owned subsidiary Resorts World Las Vegas LLC has announced the formation of a board of directors who assumed their roles on Dec 4, 2024, with industry veteran Jim Murren as the chairman.
The Las Vegas gaming outfit also announced the appointment of Alex Dixon, who will come on board on Jan 16, 2025, as its CEO.
"With over 40 years of collective experience in the global gaming and hospitality industry, we are confident that Alex and Jim, alongside the Board, will help drive the company forward in pursuing our strategic goals for years to come," said Genting chairman and chief executive Lim Kok Thay in a statement.
2 weeks ago | Report Abuse
Jepun have to pay for the Karma for 2nd world war.
Shorties have to pay for the Karma for short selling.
2 weeks ago | Report Abuse
TauRX - This application is being reviewed within the scope of the 150-day accelerated assessment procedure, which is used by MHRA to accelerate the availability of medicines for patients in the UK.
Have the company submitted the 150 days report ? This month or today ?
2 weeks ago | Report Abuse
Sellers - F you
LKT - F you
Shorties - F you
2 weeks ago | Report Abuse
If 2.50 all in.
As the price getting lower,
PE ratio also getting lower.
Dividend % getting higher.
2 weeks ago | Report Abuse
Too many shortees likes Balian & MM spoiled the market. They keep writing negative comments and pushing down the price. Some one need to destroy them.
LKT another useless CEO. WTF
2 weeks ago | Report Abuse
If you don't like Genting and don't have any Genting stocks, why wasting time every day writing
negative comments in this forum.
Very tired of reading all this rumors.
3 weeks ago | Report Abuse
Genting Berhad - Lacklustre Singapore Operations
Source : TA, Price Call : BUY, Price Target : 4.42
Last Price : 3.77, Upside/Downside : +0.65(17.24%)
Genting Berhad - Weaker Contribution From Singapore
Source : PUBLIC BANK, Price Call : BUY, Price Target : 5.15
Last Price : 3.77, Upside/Downside : +1.38(36.60%)
Genting Berhad (GENT MK) - Drag From Genting Singapore
Source : PHILLIP CAPITAL, Price Call : BUY, Price Target : 4.75
Last Price : 3.77, Upside/Downside : +0.98(25.99%)
3 weeks ago | Report Abuse
today price didn't go down consider lucky.
3 Quarter profit more than RM1 billion is a lot.
Meaning company still making profit and not making losses. Still OK, not so bad.
Q3 result didn't update anything about TauRX?
Hopefully could get approval next month.
3 weeks ago | Report Abuse
https://www.thestar.com.my/business/business-news/2024/11/29/genting-sees-positive-year-to-date-results
Genting sees positive year-to-date results
3 weeks ago | Report Abuse
3 quarters earnings RM1.05 billions.
Better than previous years. Have confidence total year should be more than previous years.
We still have TauRX. Another 1 month. Pray pray Popi Pop🙏🙏🙏
3 weeks ago | Report Abuse
Tomorrow will know. No needs guessing. With the NTA more than RM8. Company won't goes bankrupt.
3 weeks ago | Report Abuse
TauRX is our only hope. I more month. Popi 🙏🙏🙏
3 weeks ago | Report Abuse
Should be green but not so green.
Current price already factor for the expecting results.
3 weeks ago | Report Abuse
GenP results out already.
Better than last quarter.
Stock: [GENTING]: GENTING BHD
19 hours ago | Report Abuse
Balian..... please stop writing nonsense. You said Q4 losses RM2 billions. If Q4 didn't losses RM2 billions, you stop writing in this forum. Nobody likes you. Everybody hates you get loss