thurston

thurston | Joined since 2014-04-01

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Stock

2021-01-21 15:36 | Report Abuse

Agree with "Uptrending"

Buy Genting Singapore share via Genting Berhad with 8% discount and free Genting Malaysia, free Genting Plantation and free Genting Energy and Free Genting Bio.

Stock

2021-01-18 12:15 | Report Abuse

Genting Singapore share price is at SGD 0.88

Value of Genting Berhad on GenS only is already rm 4.40, not yet considering Gen M, Gen P, Gen E and Gen B.

What a super undervalued stock.

0.88 x 3.05 x 52.7 % x 12B / 3.85B = rm 4.40

Stock

2021-01-18 11:54 | Report Abuse

Genting Singapore share price is at SGD 0.88

Value of Genting Berhad on GenS only is already rm 4.40, not yet considering Gen M, Gen P, Gen E and Gen B.

What a super undervalued stock.

0.88 x 3.05 x 52.7 % x 12B / 3.85B = rm 4.40

Stock

2021-01-13 15:00 | Report Abuse

My TP rm25, if you can wait for 3 years.

EPS rm1.25 and PE 20. (Normal PE for casino)

Contribution from

GenM 35 cents
GenS 35 cents
RWLV 30 cents
GenP 10 cents
GenB 10 cents (Bio Tech to be listed in Nasdaq
GenE 5 cents


My 5 cents only

Stock

2021-01-05 15:11 | Report Abuse

And, lastly

Genting Berhad Net Asset Value per share is rm 8.63 currently.

Current share price is rm 4.50... almost 50% discount.


Again, it is just my 2 cents. Buy at your own risk.

Stock

2021-01-05 15:03 | Report Abuse

A new RWLV integrated resort will surely attract crowds especially post pandemic that people rush to have vacation.

California state which is 6th world largest economic is just 3-4 hours drive from Las Vegas.

And, other state tourist will fly to Las Vegas airport.

Las Vegas convention center is now linked to RWLV with tunnel, project has been started.

Stock

2021-01-05 14:51 | Report Abuse

TP rm12 is really achievable in 2 years.

Before pandemic, Genting EPS is around 60 cents.

Resort World Las Vegas is going to open this summer 2021, assuming it will contribute 20 cents - this is achievable because of US shall complete its vaccinations for more than 70% citizens in May 2021 (according to Fauzi earlier).

EPS : 60 cents + 20 cents = 80 cents.

Casino stock normally its PE is more than 20. We, be conservative, PE 15 for Genting means 80 cents x 15= rm 12.

Just my 2 cents.

Stock

2021-01-05 14:45 | Report Abuse

Totally agree with emsvsi.

Target Price (at 4 Jan 2021 @ 12.30pm)
--------------------------------

1st TP : RM 7.55 (Listed Entity Market Capitalisation only)

--------------------------------

1st TP: RM 7.55 (Market Capitalisation of Listed Entity only)

Ownership (%) and Market Capitalisation (RM) and Value (Billion) at Share Price

GenS: 52.7% x SGD 10.34 bil x 3.03 = RM 16.511 bil (@ SGD0.86 or 86c)

GenM: 49.5% x MYR 15.91 bil = RM 7.875 bil (@ RM2.68)

GenP: 55.4% x MYR 8.79 bil = RM 4.869 bil (@ RM9.80)

Number of Shares: 3.877 bil

Most conservative method taking into account the market capitalisation of GenS GenM GenP only, while assigning ZERO value to all other PROFITABLE segments

Even at the most conservative target price the upside potential from current price is significant

--------------------------------

2nd TP: RM 8.63 (Book Value Per Share or Net Assets Per Share)

--------------------------------

3rd TP : RM 12 (Breaking the all time high of RM11.98 in Jan 2011)

--------------------------------

4th TP: Insert own target. Because once it breaks the all time high the sky is the limit

Stock

2020-12-23 15:49 | Report Abuse

@uncle follower

Debt is 10B but cash is 28B

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2020-12-23 15:25 | Report Abuse

@Nepo, resort world Las Vegas which is under construction in final stage, will be opened in July 2021 and will contribute to genting berhad.

Stock

2020-12-23 14:54 | Report Abuse

Guys, if you read Genting Berhad structure.

It owns 52.7% Genting Singapore. And, with the current Genting Singapore share price at SGD 0.84, that means,

SGD 0.84 x 3.05 (SGD to MYR conversion) x 12b (total GENS number of shares) x 52.7% / 3.85b (total GENT number of share) = RM 4.21

Genting Berhad also owns 49.5% Genting Malaysia shares,

RM 2.67 x 5.8b (total GenM share) x 49.5% / 3.85b = RM 1.99

Genting Berhad also owns 55.4% Genting Plantation,

RM 9.98 x 898M (total GenP share) x 55.4% / 3.85b = rm 1.29

If you add up the above rm 4.21 + rm 1.99 + rm 1.29 = rm 7.39, please note that this has not included the value of other subsidiaries such as Genting Energy, Resort World Las Vegas, etc.

Simple calculation, Genting Berhad is definitely super under value stock now at rm 4.43.

Buy at your own risk, just my 2 cents.

Stock

2020-12-23 14:53 | Report Abuse

Guys, if you read Genting Berhad structure.

It owns 52.7% Genting Singapore. And, with the current Genting Singapore share price at SGD 0.84, that means,

SGD 0.84 x 3.05 (SGD to MYR conversion) x 12b (total GENS number of shares) x 52.7% / 3.85b (total GENT number of share) = RM 4.21

Genting Berhad also owns 49.5% Genting Malaysia shares,

RM 2.67 x 5.8b (total GenM share) x 49.5% / 3.85b = RM 1.99

Genting Berhad also owns 55.4% Genting Plantation,

RM 9.98 x 898M (total GenP share) x 55.4% / 3.85b = rm 1.29

If you add up the above rm 4.21 + rm 1.99 + rm 1.29 = rm 7.39, please note that this has not included the value of other subsidiaries such as Genting Energy, Resort World Las Vegas, etc.

Simple calculation, Genting Berhad is definitely super under value stock.

Buy at your own risk, just my 2 cents.

Stock

2020-12-23 14:28 | Report Abuse

Guys, if you read Genting Berhad structure.

It owns 52.7% Genting Singapore. And, with the current Genting Singapore share price at SGD 0.84, that means,

SGD 0.84 x 3.05 (SGD to MYR conversion) x 12b (total GENS number of shares) x 52.7% / 3.85b (total GENT number of share) = RM 4.21

Genting Berhad also owns 49.5% Genting Malaysia shares,

RM 2.67 x 5.8b (total GenM share) x 49.5% / 3.85b = RM 1.99

If you add up the above rm 4.21 + rm 1.99 = rm 6.20, please note that this has not included the value of Genting Plantations, Genting Energy, Resort World Las Vegas, etc.

Simple calculation, Genting Berhad is definitely super under value stock.

Buy at your own risk, just my 2 cents.

Stock

2020-12-23 14:14 | Report Abuse

Next year rm9 is possible.

Before pandemic, Genting Berhad EPS is about 60 cents per year.

For casino stock, PE 15 is very reasonable. 60 cents x 15 = rm9.00

And with the Resort World Las Vegas to be opened in July 2021, it may contribute EPS 20 cents to Genting Berhad. Then, rm 12 is also possible to reach.

Stock

2020-11-26 20:02 | Report Abuse

What is the "Other Expenses" 300M on first page ?

Any sifu knows ?

Stock

2020-08-04 10:51 | Report Abuse

funny, please go and check Genting Berhad cash in hand before saying close shop.

Stock

2020-06-29 10:05 | Report Abuse

Time to buy Genting Berhad for the following reasons

1. Genting Singapore reopening on 1 July.
2. Ban short selling extended to 31 Dec 2020.
3. Vaccine progress encouraging, expecting vaccine in Sep - Dec 2020.
4. Genting selling cheap at 45% of Price book ratio.

Stock

2020-06-07 16:30 | Report Abuse

Just try to book Awana Genting Hotel via Resort World app.

rm257 per night starting 10 June.

Stock

2020-02-20 14:27 | Report Abuse

With the infected cases dropped significantly in China, it may be the right time to buy.

Stock

2020-02-18 15:47 | Report Abuse

RainT, if you are the boss of your own company, would you invest now?

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2020-02-18 15:08 | Report Abuse

brilliant move for Genting Singapore to withdraw Osaka IR bid in this special moment.

So does Macao casino.

Stock

2020-02-17 10:35 | Report Abuse

Actually, i think it is smart move of GenS to drop the bid of Osaka casino at this special time of covid-19 outbreak.

Stock

2020-02-13 09:09 | Report Abuse

Investor48, don't be confuse.

China has just changed the way they categorized those confirmed cases.

Previously - Only those tested positive are confirmed case.

New and now - Those with many symptoms but always tested negative are now categorized as confirmed cases.

That explain the hike of confirmed cases and death cases.

Stock

2020-02-06 15:59 | Report Abuse

Genting Malaysia up 12 cents.

Genting Group will follow ?

Stock

2020-02-06 10:58 | Report Abuse

BKTboy... Coronavirus also temporary...

It is just your temporary may be 1 day or few days.

Coronavirus temporary maybe 1 month or few months.

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2020-02-06 09:23 | Report Abuse

apple168, really? Coronavirus vaccine so fast ready ?

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2020-02-05 11:53 | Report Abuse

Agree, RainT.

slowly collect is a way... buy small quantity in batches....

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2020-02-04 14:29 | Report Abuse

Macao casino temporarily closure, the gamblers will come to Genting Malaysia and Genting Singapore to gamble and boost the income of these 2 companies.

Stock

2020-02-03 11:37 | Report Abuse

Good chance to buy low, aims long term.

But don't buy at 1 short... buy in few times...

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2020-01-16 15:56 | Report Abuse

those investors believe in technical analysis will jump in to buy once it breaks 6.20...

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2020-01-16 15:45 | Report Abuse

MA200 at 6.20... once break, share price will be sky rocketed.

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2020-01-06 14:09 | Report Abuse

lck1300, Genting C78 is the only call warrant with positive intrinsic value, ie, the exercise price below current share price.

My experience in call warrant isn't good, so i won't touch on call warrant anymore.

However, if you want to spend little money to try, C78 is the only one worth to try. But before trying... suggest you try to understand exercise price, exercise ratio, expiry date, its intrinsic value could be much lower than its current traded price.... etc

Stock

2020-01-06 12:13 | Report Abuse

You may think my prediction is crazy.

However, i strong believe it is possible. US stock trading at PE 50-60, it is fair enough that emerging market stock trade at half the PE, ie PE 30.

This happen to Property market before... it will now switch to Stock market in 2020

Stock

2020-01-06 12:07 | Report Abuse

My 2 cents on emerging markets.

US fund managers are looking at emerging market. US stock is trading at PE 50-60, they intend to switch the fund to emerging market but will only invest in good fundamental stock such as Genting Berhad.

Genting Berhad share price will go up to PE 30, ie RM 18.00 in year 2020.

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2020-01-03 14:24 | Report Abuse

Invest in Genting stock is pretty easy job, no need fundamental analysis, no need technical analysis.

Just follow Genting's boss, Lim Kok Thay.

He buys, I buy...

So far, he has continued buying for 17 days...

Stock

2019-12-26 18:12 | Report Abuse

Boss will only buy his own company share when he thinks that its share price is super under value or big good news is approaching.

Stock

2019-12-26 18:02 | Report Abuse

Lim Kok Thay continues buying Genting Berhad shares for non stop
13 days, share price continues up.

Once in a lifetime super good chance, just follow the Genting boss. No need fundamental analysis, no need technical analysis.

Stock

2019-12-23 18:21 | Report Abuse

Super good news.

Lim Kok Thay bought more than 3 millions Genting Berhad share at
rm 6.03

Genting boss buy back Genting Berhad share every day.
Shall we follow him?

Any opinion?

Stock

2019-12-23 15:51 | Report Abuse

rm8.00 is just a matter of time.

a. 1 week (before end of 2019)
b. 1 year (before CNY 2020)
c. 6 months (At the opening time of Genting Malaysia Outdoor themepark)
d. 9 months (Announcement of successful bidding in Osaka Japan Casino)

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2019-12-20 11:24 | Report Abuse

yup, will fly in the afternoon.

Stock

2019-12-19 19:54 | Report Abuse

I strongly believe that it is a wise decision to follow Lim Kok Thay, buy Genting Berhad share.

Stock

2019-12-19 19:26 | Report Abuse

Tan Sri Lim Kok Thay bought 1,000,000 Genting Berhad share at rm6.00 yesterday

rm 6.00 became a very strong supporting point now.

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2019-12-18 11:09 | Report Abuse

1. LKT buy.
2. FF buy.
3. retailers panic buy.
4. Genting share price panic up.
5. rm6.00 easily broke....

Stock

2019-12-13 08:59 | Report Abuse

Timing shall be today....

1. LKT buy.
2. FF buy.
3. retailers panic buy.
4. Genting share price panic up.
5. rm6.00 easily break.

Stock

2019-12-12 10:36 | Report Abuse

Later afternoon today,

1. LKT buy.
2. FF buy.
3. retailers panic buy.
4. Genting share price panic up.
5. rm6.00 easily break.

Stock

2019-12-12 09:58 | Report Abuse

FF started buying KLCI stock today because of federal reserve announcement last night.

Stock

2019-12-10 19:53 | Report Abuse

Thank you Lim family for supporting the share price.

The current Genting share price is super undervalued till the boss bought about 4 millions shares within 4 days.

Genting boss is buying Genting share at this level... So retailers shall not sell but buy together with Genting boss

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2019-12-09 10:56 | Report Abuse

Totally agree with lck1300.

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2019-12-06 14:27 | Report Abuse

Carisozai, if you study Genting properly, you shall find that the Resort World Catskill (by Empire Inc) started the operation in 2018.

How can a new casino made money immediately ? Even Genting Singapore takes about 3-5 years to show today strong financial results.

As comparing with the expansion process such as Osaka Casino tender via tender, then construction, then opening... Genting just acquired Empire Inc. and owns the Resort World Catskill and its gambling license.

I believe that Genting management investment in Empire is right choice and shall be showing positive results in next few years.

Stock

2019-12-05 08:20 | Report Abuse

Genting Malaysia.