GENTING BHD

KLSE (MYR): GENTING (3182)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

3.83

Today's Change

-0.03 (0.78%)

Day's Change

3.83 - 3.90

Trading Volume

3,436,900


47 people like this.

87,181 comment(s). Last comment by OTB 4 minutes ago

virust

552 posts

Posted by virust > 2023-02-20 10:15 | Report Abuse

Congrats, heavy selling by retailer on 17.2.23 net of RM21mil. As typical bull cycle for blue chip last for 10yrs what do retailer left after RM8.88? We are now in 3rd year of the cycle from lowest price of RM3 GenB 2020.

AngTayKor

2,701 posts

Posted by AngTayKor > 2023-02-20 12:26 | Report Abuse

GenS result later today

Posted by Casual_Analyst > 2023-02-20 13:14 | Report Abuse

@ATK You got stake in GenS? also any update on Taurx approval? any tips for us on the expected timeline? :(

BradonOoi

800 posts

Posted by BradonOoi > 2023-02-20 13:30 | Report Abuse

Hmm. It goes down further before Q4 is announced... Chance or wait a little bit longer to average?

sh0cklife

76 posts

Posted by sh0cklife > 2023-02-20 13:37 | Report Abuse

collect first.... result coming soon ....

AngTayKor

2,701 posts

Posted by AngTayKor > 2023-02-20 14:03 | Report Abuse

Safety always come first for me. The market will always be there to make the next investment or trade. But I have to make sure I survive (protect my capital) and doing ok (making more money than lose) in order to capitalise on the next opportunity the market offers.


To be a good trader and win real money from the stock market, you need to trade with your eyes open, recognise real trends and turns, and most importantly not wasting time with delusional wishful thinking.

.

ElGato

40 posts

Posted by ElGato > 2023-02-20 14:20 | Report Abuse

@ATK Better chance coming from the UK/Middle East/China than EMA/FDA. I also planning to let go my converted warrants after March/April.

neohts

2,470 posts

Posted by neohts > 2023-02-20 14:47 | Report Abuse

Sell with good news.
Buy during bad news.

Posted by ClaraChan94 > 2023-02-20 15:08 | Report Abuse

Start queue buying at RM4.80 then

1invest1

1,467 posts

Posted by 1invest1 > 2023-02-20 15:21 | Report Abuse

EXCELLENT COMMENTS FR EXPERT ATK.

AngTayKor

2,701 posts

Posted by AngTayKor > 2023-02-20 15:38 | Report Abuse

Good move @ElGato. I thought its going to be a short game during their rights issue with lucidity result just around the corner. But with the active placebo fiasco, it may become another 5 yr game but hopefully not again. Im vested in Taurx since series A n i have already seen several 5 yr cycles on Taurx. I encouraged Taurx kakis to subscribe for excess rights then. Now im encouraging them to sell some when opportunity comes n take back capital first. With low entry cost price during rights n warrants we dont need to sell a lot to recover back our capital. Anything can happen in markets n investments, have to manage our own risk.

Pinky

3,476 posts

Posted by Pinky > 2023-02-20 16:00 | Report Abuse

4.50 I buy

RWG

1,051 posts

Posted by RWG > 2023-02-20 16:04 |

Post removed.Why?

James_Bond

3,420 posts

Posted by James_Bond > 2023-02-20 16:24 | Report Abuse

Bought 4.78! Cheers!

James_Bond

3,420 posts

Posted by James_Bond > 2023-02-20 16:25 | Report Abuse

Don’t worry, casino royal fund supporting!

AngTayKor

2,701 posts

Posted by AngTayKor > 2023-02-20 16:26 | Report Abuse

Posted by AngTayKor > 2022-10-05 11:14 | Report Abuse

Need to remember history lessons. Rm5.20 zone better becareful thats where LKT started dumping in massive volume 4 months ago.
------------------------------------------------

Posted by dompeilee > 2 days ago | Report Abuse
Hah! I already predicted last month when it was just below $5 that a sharp drop was long overdue & so I refused to chase to add even a single share to my existing holdings...it could be lim c ock tah i's family clandestinely UNLOADING like what they did last yr: release fake news about TauRx & then DUMPED 20 mil shrs to naive newbies & other funds @ 5.20...I trust no one but myself, not dragon328, not analysts, not directors who are all likely to have their own ulterior motives!
-----------------------------------------------

Looks like only one person here remembers history lessons.

For a few i3 friends that have chatted with me recently for advice and cleared promptly near 5.10 zone, congratulations.

.

i3lurker

14,399 posts

Posted by i3lurker > 2023-02-20 16:37 | Report Abuse

uncle is NOT your friend
many people very silly

casanwk

1,496 posts

Posted by casanwk > 2023-02-20 16:43 | Report Abuse

Park 472

dompeilee

11,888 posts

Posted by dompeilee > 2023-02-20 16:49 | Report Abuse

'Uncle' LimKock will take every penny from your pockets if it can be done even semi-legally!

James_Bond

3,420 posts

Posted by James_Bond > 2023-02-20 16:54 | Report Abuse

Don’t you mess up with Casino Royale fund!

James_Bond

3,420 posts

Posted by James_Bond > 2023-02-20 16:55 | Report Abuse

Those shorties will face the music! Mark my words!

dompeilee

11,888 posts

Posted by dompeilee > 2023-02-20 17:35 | Report Abuse

I topped up @ 4.78 & 4.80 @ the close to 1,200 shrs today.

Genting S'pore net profit up 85% on 62% jump in revenue y-o-y, dividend raised to 2c from 1c.

James_Bond

3,420 posts

Posted by James_Bond > 2023-02-20 17:46 | Report Abuse

Real facts as below:-
1. Genting Berhad is a net cash company with cash/ total current liability of 2.70!

2. Prosperity tax will not be able to impose to Genting Berhad because for the past few years Genting Berhad in huge loss.

3. Tourism is the best way to move forward now to increase Gov revenue without spending a single coin from government.

4. Genting Berhad has lucky 7 turbocharged engines.

Turbocharged Engine 1: Genting Singapore, transforming to RW 2.0, one of the world best resorts for tourists to check in. 



Turbocharged Engine 2: Genting Malaysia, holding the monopoly casino business in Malaysia. With the opening of the new Sky-world theme park + higher rental fees + higher hotel rate per night, definitely will generate more profits to Genting. 



Turbocharged engine 3: High palm oil price, bringing more profits to Genting Plantation and Genting Berhad. 



Turbocharged Engine 4: High turnover of visitors to Genting premium outlets with higher parking rate and rental fees will bring higher profits to Genting Plantation/ Genting Berhad. 



Turbocharged Engine 5: High oil and gas price will bring more profits to Genting berhad! 



Turbocharged Engine 6: TauRx, awaiting FDA approval for Alzheimer treatment. 


Turbocharged Engine 7: Genting Berhad is going to auction off Miami property, which it acquired in 2011 for US$236 million. This Miami property worth more than US$1000 million at current market value.

All in all, Genting is your Best of the best investment in 2023. Creme de la creme.

To all Genting shareholders, I wish you all, Happy Investing in Genting Berhad with glamorous returns!

Best Wishes,
-James_Bond-

emsvsi

3,519 posts

Posted by emsvsi > 2023-02-20 17:48 | Report Abuse

YES GENTING 3182 WELCOMES MORE NAYSAYERS TO THE NUMBAWAN TOP PICK SUPERBULL RUN STOCK

emsvsi

3,519 posts

Posted by emsvsi > 2023-02-20 17:49 | Report Abuse

WHEN THE GOING GETS TOUGH, THE TOUGH GAMBLE !

MG9231

816 posts

Posted by MG9231 > 2023-02-20 18:09 | Report Abuse

10 sen final dividend for Genting

Mtrade

717 posts

Posted by Mtrade > 2023-02-20 18:34 | Report Abuse

Wow genting Singapore posted 300m SGD = 900m MYR PROFIT

James_Bond

3,420 posts

Posted by James_Bond > 2023-02-20 19:05 | Report Abuse

Personally expecting panic buying for Genting Berhad tomorrow! Cheers!

emsvsi

3,519 posts

Posted by emsvsi > 2023-02-20 19:39 | Report Abuse

YES SKYROCKET SOON ! WHEN THE CHINESE SWARM THE WORLD SPACE ROCKET !

dragon328

2,576 posts

Posted by dragon328 > 2023-02-20 20:02 | Report Abuse

Genting Singapore reported a good set of Q4 results with EBITDA coming at S$255 million, slightly better than Q3 S$249 million.

Operating cashflows for full year 2022 were super strong at S$806.68 million. Cash holdings increased to S$3.464 billion as of 31 Dec 2022.

dragon328

2,576 posts

Posted by dragon328 > 2023-02-20 20:06 | Report Abuse

With Chinese tourists coming in and Singapore borders fully re-opened, I am confident that Genting Singapore will scale new highs in terms of visitation to its Sentosa IR as well as earnings.

2023 EBITDA is projected to increase by 30%-40%, in line with Singapore tourism board's projected 100% increase in foreign visitors to 12 - 14 million in 2023 compared to 6.5 million in 2022.

Posted by alextan5680 > 2023-02-20 20:24 | Report Abuse

Genting Singapore has reported net profit of $340.1 million for FY2022 ended December, 85% higher y-o-y, as profit before tax more than doubled during the year.

Revenue grew 62% y-o-y during the period to $1.7 billion, while cost of sales grew 52% y-o-y to $1.1 billion.

The Directors have proposed a final dividend of 2 cents per ordinary share, double the final dividend paid the year prior. Together with the 1 cent per share interim dividend declared in 1HFY2022, Genting Singapore’s full-year dividend for FY2022 is 3 cents per share.

On a fully diluted basis, earnings per share as at Dec 31, 2022 stood at 2.82 cents, up from 1.51 cents the year prior.

The Group’s cash and cash equivalents stood at $3.6 billion as at Dec 31, 2022, up from $3.4 billion the year prior.

Total assets less current liabilities stood at $8.2 billion as at Dec 31, 2022, up from $8.1 billion the year prior.

choysun

4,403 posts

Posted by choysun > 2023-02-20 20:58 | Report Abuse

So, wots the prediction for tomorrow? Green? Very Green? Very Very Green? :)

Posted by StartOfTheBull > 2023-02-20 20:59 | Report Abuse

Tomorrow Genting Singapore is expected to shoot up, Genting Bhd is expected to follow.

Posted by StartOfTheBull > 2023-02-20 21:01 | Report Abuse

SGD0.02 dividend proposed is another catalyst.

Riaz1954

1,325 posts

Posted by Riaz1954 > 2023-02-20 21:26 | Report Abuse

Excellent results despite increase in cost of sales due to inflation. Will Genting price react positively, should but we never know, it depends on who is selling the shares and dumping them can’t be just retailers surely! That said many stocks have corrected globally. My worry is major share behaviour as well as small retail customers who sell for small profit…..if you look at institutional holdings some interesting fund houses have increased stakes

Riaz1954

1,325 posts

Posted by Riaz1954 > 2023-02-20 21:28 | Report Abuse

Sing performance is above consensus that applies to dividend, expectation was 2.5 for the year

Riaz1954

1,325 posts

Posted by Riaz1954 > 2023-02-20 21:33 | Report Abuse

What I am hearing from medical professionals particularly from U.K. is that TAuRX is promising and approval may not be an issue despite the placebo issue. Apparently there is a precedence, and hope FDA is not totally corrupt as suggested. Let’s see you never know!

choysun

4,403 posts

Posted by choysun > 2023-02-20 21:35 | Report Abuse

Let's see a 20 sens bump at least :)

Riaz1954

1,325 posts

Posted by Riaz1954 > 2023-02-20 21:39 | Report Abuse

Worth highlighting is that non gaming revenue is up 90%! When gamblers return, the performance will explode for sure as visitation to Sing are increasing. Visit g Sing next week and struggling to find decent hotel as rooms are fully booked! Sing has gained as HK has suffered

emsvsi

3,519 posts

Posted by emsvsi > 2023-02-20 22:05 | Report Abuse

YES GENTING UNITES US ALL NAYSAYERS AND SHAREHODLERS IN ONE COMMON PURSUIT

newbie2019

1,889 posts

Posted by newbie2019 > 2023-02-20 22:22 | Report Abuse

LAI lo

newbie2019

1,889 posts

Posted by newbie2019 > 2023-02-20 22:23 | Report Abuse

Back to 5.1? And get 10sen div dulu

Riaz1954

1,325 posts

Posted by Riaz1954 > 2023-02-21 00:59 | Report Abuse

20 sen up tomorrow! Really, can’t see it. Hope it is true!

virust

552 posts

Posted by virust > 2023-02-21 08:19 | Report Abuse

Why GenB?
3 Mega resort
RWS - very profitable and political stable
RWG - Monopoly but with political risk, land slide maybe
RWLV - city of gambler
GenP - 200k++hectare of land bank with palm oil
Gen Oil&Gas, power - stable resource and profit
Life science - Wild A card to hit Royal flush and jackpot

Bullkobear

321 posts

Posted by Bullkobear > 2023-02-21 09:01 | Report Abuse

Worried…ISIS….TALIBAN….PAS is arriving. ….GENB might dive from 9Cloud?

dompeilee

11,888 posts

Posted by dompeilee > 2023-02-21 09:03 | Report Abuse

Where's the enthusiasm? Only 4c & even some done @ yesterday's close lol

dragon328

2,576 posts

Posted by dragon328 > 2023-02-21 09:04 | Report Abuse

Genting Singapore declares 2 sen final dividend will contribute 12,094m x 52.7% x S$0.02 = S$127.5 million or RM408 million cash to Genting Bhd

Genting Malaysia expects to declare a final dividend of 10 sen per share and will contribute 5,653m x 50.1% x RM0.10 = RM283.2 million to Genting Bhd

These 2 final dividends will total RM691.2 million or 17.8 sen per share to Genting Bhd who will be able to declare a final dividend of 15 sen at least

dompeilee

11,888 posts

Posted by dompeilee > 2023-02-21 09:05 | Report Abuse

How to compute Gen's 2.82c per share contribution to Gent EPS?

Post a Comment
Market Buzz