GENTING BHD

KLSE (MYR): GENTING (3182)

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Last Price

3.85

Today's Change

+0.06 (1.58%)

Day's Change

3.78 - 3.85

Trading Volume

3,579,500


46 people like this.

87,113 comment(s). Last comment by ImCK 9 minutes ago

Posted by Carlson Choo > 2023-08-24 11:49 | Report Abuse

is this week report out or next week?

choysun

4,403 posts

Posted by choysun > 2023-08-24 18:08 | Report Abuse

GenM 6 sens divvy, I suppose GenB will mirror last year 7 sens divvy...

choysun

4,403 posts

Posted by choysun > 2023-08-24 18:44 | Report Abuse

Alamak, GenB divvy 6 sens only. But at least profits are growing well. :)

novel23

47 posts

Posted by novel23 > 2023-08-24 19:44 | Report Abuse

no big surprise 😑

Pinky

3,476 posts

Posted by Pinky > 2023-08-24 19:49 | Report Abuse

Hahahahaha so puny profit for so much revenue. Disappointing as expected

newbie2019

1,885 posts

Posted by newbie2019 > 2023-08-24 21:04 | Report Abuse

Adui…. I expected 9 cents….6 can’t be enuf to cover FD Interesr lo

kllee

178 posts

Posted by kllee > 2023-08-24 21:31 | Report Abuse

Little bit improvement . Consolation prize .

jackjason

172 posts

Posted by jackjason > 2023-08-25 01:08 | Report Abuse

if family need money, genting will declare more dividend, if they no need urgent money, dividend will little 🤣

chamlo

1,288 posts

Posted by chamlo > 2023-08-25 05:45 | Report Abuse

Revenue high why profit low?

Posted by Michael_chan2022 > 2023-08-25 07:29 | Report Abuse

https://www.malaymail.com/amp/news/money/2023/08/24/tnb-to-boost-renewable-energy-investments-by-nearly-six-fold/87071

TNB to boost renewable energy investments by nearly six-fold

Avoid banking stocks...lai lai buy GenB and... Tenaga

RISK8888

2,232 posts

Posted by RISK8888 > 2023-08-25 07:49 | Report Abuse

Low profit because of high depreciation and high interest cost. Good thing is depreciation is non cash item, which means Genting is generating high cash and they can use it to pay debt to reduce interest cost, sooner will pay higher dividend.

RISK8888

2,232 posts

Posted by RISK8888 > 2023-08-25 07:50 | Report Abuse

And if Miami land can be sell off, then more cash is coming in to pay debt. Good to Genting.

RISK8888

2,232 posts

Posted by RISK8888 > 2023-08-25 07:51 | Report Abuse

So I believe Genting should be paying dividend every qtr. so just enjoy getting dividend.

Posted by Michael_chan2022 > 2023-08-25 07:55 | Report Abuse

Go go Genting.. 👏👏👏

Posted by Michael_chan2022 > 2023-08-25 08:45 | Report Abuse

Rain or shine.. hold on.

OnTime

2,188 posts

Posted by OnTime > 2023-08-25 08:50 | Report Abuse

good results

Posted by Sunflower01 > 2023-08-25 11:20 | Report Abuse

Gent Divvy only 0.060 down 0.030
But why insiider pls Yr say
Like jacjkson said Family need money give high divvy no need money give alittle all are cheaters

Posted by Michael_chan2022 > 2023-08-25 12:44 | Report Abuse

Ya, If next q's earnings macam ini... 380 isn't impossible

AngTayKor

2,684 posts

Posted by AngTayKor > 2023-08-25 12:53 | Report Abuse

The Big Pharma Mafia. They control FDA and "non-profit" lobbying group the Alzheimer's Association. Using the same tactics like Mafia colluding with trade unions doing racketeering in the past.

https://www.youtube.com/shorts/c4B_6hq5Vgw

Pinky

3,476 posts

Posted by Pinky > 2023-08-25 13:32 | Report Abuse

Genting can buy...when we have Covid-23 or Covid-24 and market crash again

RISK8888

2,232 posts

Posted by RISK8888 > 2023-08-25 14:30 | Report Abuse

good job genting, profit but price drop, bursa hopeless

Riaz1954

1,325 posts

Posted by Riaz1954 > 2023-08-25 15:49 | Report Abuse

I guess reasonable progress in terms of revenue generation but the bottom line is impacted by interest on loan as well poor management of cost including CEO pay. The loan issue can be partially resolved by sale of property, monetising businesses or rights issue as opposed to private placement. Unless these actions are taken profitability will remain subdued.

Posted by Sunflower01 > 2023-08-25 21:59 | Report Abuse

Choysun 6 cents only Madness

choysun

4,403 posts

Posted by choysun > 2023-08-25 23:20 | Report Abuse

Just take and wait lo. As long as they pay consistently :)

choysun

4,403 posts

Posted by choysun > 2023-08-25 23:21 | Report Abuse

Foreign net buy again

Posted by Sunflower01 > 2023-08-26 11:01 | Report Abuse

Emmm

Posted by Sunflower01 > 2023-08-26 11:10 | Report Abuse

Oredly one year big sharks dId not depost by million share in one go buy price remain static something not rIght

KooSan

543 posts

Posted by KooSan > 2023-08-27 13:33 | Report Abuse

I don't understand why Gen Bhd dividend the same as Gen M'sia. Niama LKT !

Riaz1954

1,325 posts

Posted by Riaz1954 > 2023-08-27 15:15 | Report Abuse

Re dividend..I rather Genting focus on improving its EPS, so that the price recovers. Until EPS grows there will be no uplift in price. They need use cash genrated to reduce interest payment. They did pay not high dividend due to boss not needing the extra cash flow probably for tax reasons!😀This is an issue with large shareholder who runs business as family business as opposed to running for the Shareholders. Their presentations and market up dates awful or simply don’t done, CFO is not active etc etc….that’s why it is stuck for some time.

newbie2019

1,885 posts

Posted by newbie2019 > 2023-08-27 21:47 | Report Abuse

should buy GenM more then…. lol

neohts

2,467 posts

Posted by neohts > 2023-08-28 09:12 | Report Abuse

Why selling down when company making profit and giving dividend twice a year.
Current price only half or NTA RM8.64

Posted by Sunflower01 > 2023-08-28 10:55 | Report Abuse

Sunflower support neohts
Tell no lies
Scammers here

neohts

2,467 posts

Posted by neohts > 2023-08-28 11:12 | Report Abuse

https://theedgemalaysia.com/node/680348

Genting should enjoy improved sequential earnings in 2H, says Maybank IB

KUALA LUMPUR (Aug 28): Genting Bhd should enjoy improved sequential earnings in the second half of 2023, as visitation to its casinos in Singapore and Las Vegas improves on seasonality and major events, according to Maybank Investment Bank (Maybank IB).

choysun

4,403 posts

Posted by choysun > 2023-08-28 11:29 | Report Abuse

Got sell down means opportunity to buy again lo :p

Posted by Sunflower01 > 2023-08-28 13:24 | Report Abuse

Choydun Good man in a million
Oredly 10 Yrs in waitIng
Where got meaning???????

Posted by TillyLovers > 2023-08-28 13:49 | Report Abuse

will this counter break RM4.40 this month?

Posted by ClaraChan94 > 2023-08-28 14:19 | Report Abuse

Wait it to retrace more... obviously people sell on its good Q2 result

Posted by TillyLovers > 2023-08-28 15:24 | Report Abuse

Is that mean the counter will drop like no tomorrow? good qr also drops. It seems like impossile to rise.

CYChong

16 posts

Posted by CYChong > 2023-08-28 19:18 | Report Abuse

Opportunity to top up, will hold it until 5ringgit

Posted by Michael_chan2022 > 2023-08-28 20:46 | Report Abuse

435 can't break.. rebound tomorrow?

Posted by limitupandsurewin88 > 2023-08-30 09:25 |

Post removed.Why?

Riaz1954

1,325 posts

Posted by Riaz1954 > 2023-08-30 11:42 | Report Abuse

Genting shares has small traders who continuously sell on small movememtw. I am beginning to think it is dead stock …until there is catalyst like, big sale of properties or businesses or listing ….or Drug approval! Otherwise the management are sleeping with no incentive do anything this happens when CEO is the highest paid despite poor strategy and governance! Need professional management….like in US companies.

neohts

2,467 posts

Posted by neohts > 2023-08-30 14:09 | Report Abuse

"big sale of properties or businesses or listing ….or Drug approval!"
Step by step. But going to take a very long time.

1invest1

1,467 posts

Posted by 1invest1 > 2023-08-30 17:34 | Report Abuse

GB is no more gem like it used to be.
Look back over last 12 yrs stock price.
Dropping & declining trend.

Yes, it has open up GS & RWLV.
Only GS is raking in profits quickly.
RWLV is saddled with GIANT costs.
Take years before it can contribute BIG.

CEO GB salary over RM100+ M
CEO GS salary over RM50+ M
Combined salary way past RM 150 + M

This affects bottom line, P&L, net profit.
This affects stock price.
This affects dividend amount given.

Expansion requires $$$$$$$$$$$$$$.

Can't give more dividend as $ needed for expansion.

At the end only owners benefit as this is a LONG-TERM business.
Their children/nxt Gen will reap the harvest of this gigantic expansion.

Retailers hold less than 5 yrs will see little.

Unless you are very good, buy/sell short term.

Alex Chua

169 posts

Posted by Alex Chua > 2023-08-31 14:04 | Report Abuse

https://vt.tiktok.com/ZSLWaLW7d/ rw las vegas

James_Bond

3,420 posts

Posted by James_Bond > 2023-08-31 20:30 | Report Abuse

Hello, Malaysia public tv broadcasting that PAS planning to topple Zahid and bring up someone to unit umno with perikatan nasional and reclaim as ruling party for federal government of Malaysia! Because of this, funds dumping Genting and stay away!

James_Bond

3,420 posts

Posted by James_Bond > 2023-08-31 21:30 | Report Abuse

RGB share price crashing badly as investigated by SPRM for possibility linked to non-halal gambling political funds were used in last General Election. M not sure if other gambling businesses such as genting, Toto, magnum involving in such activities or not. That’s why market funds desperately pull out from Genting!

Posted by ClaraChan94 > 2023-09-01 11:51 | Report Abuse

Panic-selling seems to be alleviated..

Riaz1954

1,325 posts

Posted by Riaz1954 > 2023-09-01 14:21 | Report Abuse

Keep blaming green wave …some in this forum blamed talibination …..as the reason for Genting underperformance. The fact is some guys don’t want to swallow the truth and look for excuses! The simple truth is Genting is company with legacy mind set very old archaic thinking …with incompetent overpaid CEO who does not know how to revive the company. We have examples of many better CEO’s in Malaysia….but recognised by bias , racists basically of their capability eg CEO of CIMB who has turned the company around. Where as Genting this family owned dinosaur of a company needs new blood and professional CEO to take charge ….perhaps from the west to bring governance and cost control and shafting of shareholders!

Pinky

3,476 posts

Posted by Pinky > 2023-09-01 14:23 | Report Abuse

Forget about Genting la

This stock can buy only when u have big market crash

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