Bought 4.60.
Good luck to me.

Please sell to me at 4.60. I have been waiting since yesterday.

Opportunity to accumulate more before Q4 and total year 2023 result Bull run.

Set buy at 4.60.

Genting Berhad is for long term investment.

Q4 2023 and total year 2023 should be a lot better than last year.
So just hold on. By February 2024 share price could break $5.00.
Expect February 2023 dividend better than last year.

https://theedgemalaysia.com/node/693164

Genting’s Resorts World Sentosa 2024 revenue in Singapore will grow by 10%, says Fitch.

KUALA LUMPUR (Dec 8): Gaming revenue at Genting Bhd’s Resorts World Sentosa (RWS) in Singapore will grow by another 10% in 2024, buoyed by the growth of a diversified customer based outside of China, according to Fitch Ratings.

In its “Global Gaming Outlook 2024” released on Thursday, the rating agency said that while Singapore is already performing “above expectations” with gaming revenues 15% higher than pre-COVID levels this year, Fitch analysts said that they expect such growth to continue, driven by increasing foreign visitors in 2024.

Big fund manager. 5 millions share at 4.50 pm. Not anyone can afford to do that.
Big syndicate in control the price now. Just follow and win Big.

Don't worry, it's normal to clear all weak holders 在洗盤 before can go up even higher.
Those bought at 4.60 very smart.

Genting Berhad Target price
CIMB = RM6.95
TA = RM5.30
Public Bank = RM5.80
Kenanga = RM5.60

Q3 2023 revenue RM$7,369,538.00 is the highest per quarter revenue in Genting Berhad History.

Long time no update from AngKT on TauRX.

https://www.thestar.com.my/business/business-news/2023/11/27/airasia-adds-over-5-million-seats-for-china-india-and-malaysia-flights-in-2024

AirAsia adds over 5 million seats for China, India and Malaysia flights in 2024

https://www.thestar.com.my/news/nation/2023/11/27/30-days-visa-free-travel-from-dec-1

30 days visa-free travel from Dec 1

PUTRAJAYA: Visitors from China and India will be given 30 days visa-free travel from Dec 1, says Prime Minister Datuk Seri Anwar Ibrahim.

“Next year, Malaysia will be celebrating 50 years of diplomatic ties with China,” he said during the PKR congress yesterday.

Next year is going to be the year of GENTING BERHAD.
TP : RM8.00

TauRX coming soon. Watch out.
Breaking news with breaking share price TP RM8.00.

Next year February announcement on Q4 2023 and total year. If total year profit more than RM1.3 billions. Share price break RM6.50.

Next year February announce Q4 and Total 2023 result. Total Profit could hit RM1.4 billions.
Share price should break RM5.00
Next year with the extra ordinary gain on sale of US land, the share price could hit RM6.00.
If TauRX approve, estimate early 2024. Share price could hit RM8.00.

https://www.nst.com.my/business/corporate/2023/11/981951/gentings-3q-net-profit-jumps-four-fold%C2%A0

Genting's 3Q net profit jumps four fold
KUALA LUMPUR: Genting Bhd's third quarter ended Sept 30, 2023 (3Q23) net profit increased nearly four fold to RM520.52 million from RM128.02 million a year ago, on higher earnings with lower impairment losses, and higher share of profit in joint ventures and associates.

The group's adjusted earnings before interest, tax, depreciation and amortisation (ebitda) for 3Q23 was RM2.7 billion, an increase of 33 per cent compared with RM2.1 billion in 3Q22.

The higher share of profit in joint ventures and associates was mainly contributed from the Meizhou Wan power plant in China due to higher generation coupled with lower coal cost compared with previous year's corresponding quarter.

Revenue for the quarter rose 20.4 per cent to RM7.37 billion from RM6.12 billion previously, contributed mainly by the leisure and hospitality division.

Tomorrow limit up

3 Quarters profit RM779k
Total year with Q4 could break RM1.4 billions

Profit RM520k.
NTA RM8.69

https://themalaysianreserve.com/2022/10/19/genting-to-hit-jackpot-from-taurx/

Genting to hit jackpot from TauRx?
The UK-based TauRx is dedicated to research in neurodegenerative diseases and a leader in Alzheimer’s disease

GENTING Bhd may be sitting on a pile of gold if its drug for people with Alzheimer’s disease makes headway. But it is still some way before it reaches that stage. But it has caught the attention of analysts keeping tabs on the company.

How much is TauRX Worth ?
Ahead of 20%-owned TauRx announcing more details of its recent Phase 3 trial results later today, we try to derive an indicative valuation for it. In our opinion, TauRx is worth ≥USD1. 1b and there are grounds for it to be worth ≤USD15b if its Alzheimer's drug (i.e. HMTM) is effective and commercialised.

Clearly buyer collection mode.

Next week Q3 2023 financial result should be better than last year.
Collect now before result announcement.

TauRX coming soon.

I have try to book room in advance for Christmas holiday but hotel room fully booked.

RWLA $6.8 billions using internal resources.

https://theedgemalaysia.com/node/689745

Genting Singapore's 3Q net profit after taxation up 59% to S$216.3m

SINGAPORE (Nov 10): Genting Singapore has reported net profit after taxation of S$216.3 million (RM745.82 million) for the third quarter ended Sept 30, 2023 (3QFY2023), up 59% year-on-year (y-o-y), compared with S$135.8 million for the same period last year.

The company posted revenue of S$689.9 million for the quarter, up 33% y-o-y.

Gaming revenue accounted for S$459.6 million, versus S$382.0 million for 3QFY2022...

GenB are for long term investors.
This morning Contra player force selling.
Let the dry tree leave drop first, then green leave grow and the GenB tree will grow taller.

Opportunity to collect more before 5pm close and next bull run.

TauRX announcement = RM8.00

Any news ?

https://agbrief.com/news/singapore/02/11/2023/resorts-world-sentosa-to-get-700-new-hotel-rooms-21k-in-retail-space-report/

Resorts World Sentosa to get 700 new hotel rooms, 21k in retail space: report
A subsidiary of Genting Singapore has been granted provisional approval to develop some 700 hotel rooms and over 21,000 square meters in retail space at Resorts World Sentosa.
The expansion is believed to be part of the company’s S$4.5 billion ($3.3 billion) pledge to further develop the RWS resort.

According to the Straits Times, the Urban Redevelopment Authority was the government body responsible for granting the authorization to the Genting subsidiary.

Currently, there are some five hotels providing 1,600 rooms at Resorts World Sentosa.

The property is expecting strong growth coming out of the pandemic, with Sentosa Development Corporation estimating the island resort will hit pre-pandemic numbers in “one to two years”.
Genting Singapore posted an 86 percent increase in profit in 2022, at $258.32 million, due to strong results by Resorts World Sentosa.

https://www.thestar.com.my/business/business-news/2023/11/01/genting-plantations-landbank-a-growth-driver

Genting Plantations landbank a growth driver
PETALING JAYA: Genting Plantations Bhd’s valuable landbank offers good inflationary hedge over the long run, while its immense revalued net asset value (RNAV) will provide downside support, according to Maybank Investment Bank (MaybankIB) Research.

The brokerage noted that in Peninsular Malaysia, Genting Plantations owns 16,908ha of freehold land that is worth more than the company’s market capitalisation.

“Genting Plantations continues to carry these valuable assets at their book values,” MaybankIB Research said, noting 61% of the land was located in Johor, 18% in Melaka and Negri Sembilan, 18% in Kedah and Perak, and 3% in Selangor.

“As the land is amassed progressively since 1981, and strategically located on highly populated areas of the west coast of Peninsular Malaysia, we estimate the freehold land to be worth RM7.25bil, or 1.5 times Genting Plantations’ current market cap,” it added.

Hopefully TauRX could be approved before end of this year so we can get our Next Year Chinese ANG POW.

If true, RM6 no problem

Riaz1954.....sure boh ?
No latest updates AngTayKor ?

Waited for TauRX is like waiting for Penang LRT ?
Waited for so many years and still waiting.

https://theedgemalaysia.com/node/687995

Construction of Genting Highlands toll plaza on private road, says Malaysian Highway Authority

Syndicate accumulating at 4.03 to 4.05.
They will not let the price go up at the moment.
Just wait or follow them buy and buy more.

Still under collection mode.
Still not yet collect enough.
Once enough, they will push the price up.

So far TauRX doesn't have any positive impact to GenB share price.
It's just a dream and will the dream come thru ??????????

RM4 is the support level.
It is safe to accumulate at 4.01 to 4.03.

Why selling when company still making profit and providing dividend.

Waiting for sales of land in US with BIG gain on disposal.
Waiting for TauRX
Waiting for listing of Las vegas Hotel and Casino.

Killing us slowing with 1 to 2cents down daily.
Who is buying ? why
Who is selling ? why
LKT useless CEO.

RM2.50 & RM3.50 very cheap.

https://theedgemalaysia.com/node/686934

Avenues available for Resorts World Genting to offset 2% service tax increase, says Maybank IB

KUALA LUMPUR (Oct 20): Genting Malaysia Bhd (GenM) can employ several measures to minimise the negative impact from the two percentage point (ppt) service tax rate hike proposed in Budget 2024, according to Maybank IB Research.

Since I have been holding for so long, I will continue holding until TauRX CA2 approval.
By then I am going to be a multi millionaires.

Got someone or syndicate accumulating every day at 4.50pm in big volume before close.