Genting Singapore poised to deliver stronger earnings PETALING JAYA: Genting Bhd is expected to benefit from the recovery of its 52.7%-owned subsidiary, Genting Singapore (GenS), which is on track to deliver stronger earnings this year.
This is driven by rising tourist arrivals in Singapore, particularly from China, as well as various programmes and events aimed at boosting visitorship and spending at Resorts World Sentosa (RWS) in the city-state.
Hong Leong Investment Bank (HLIB) Research noted GenS’ core net profit of S$460.2mil, up 41.9% year-on-year, in the first half of 2024 (1H24) was in line with its expectations, making up 53.4% of its full-year forecasts, but exceeded consensus estimates, accounting for 63.2% of full-year forecasts.
The brokerage stated GenS’ recovery trajectory remained intact and is expected to deliver improved results in 2024 as compared to last year.
Posted by mushimushi > 19 minutes ago | Report Abuse ATK used to be very positive about Genting, why suddenly changed of tone? He sold all during recent black Monday at the lowest price? -----------
Please la since when im very negative abt GenB? Im posting some Tau news which there are many non-believers here. They scared GenB holding a chow taofu.
Many in the past have accused ATK a fake horse-back-cannon trader. Then i posted my real trading records. For this time @mushi i have no trading records for you because there has been no trading transactions for a long time liow. I do have some taurx share purchases recently but these transactions are not done electronically that can easily cut n paste to post.
500m? Boleh ah? Lower the bar a bit la. We already know GenS, 400m I'm already happy lo. But with US entities, perhaps US debt benefit due to Ringgit strength? That will be a positive la :)
Posted by Michaelchan2024 > | Report Abuse ATK's peculiar behavior is that he always tends to tell people to sell, which is typical of short sellers.. --------------
Its all in your mind @Michael. When Im talking history events like past RPTs, LKT sold huge volumes above 5.20 or some occasional negative things, perma bulls will think that Im preaching for everyone to sell. The crowd forgets things very quickly including my bullish Q1 profit forecast of rm600m before the actual Q1 result. They often will choose to retain info according to the state of their fickle mind. To set the record straight, I have never shorted a single stock of GenB. I depend on my own charting skills to trade. I think it is naive to think that posting fear mongering / super bullish posts here in i3 will influence the stock price.
Posted by mushimushi > 36 minutes ago | Report Abuse Wondering if i3 can provide IP address of Koutouan (bitcoin investment scammer), see if same with any of the shorties here like Balian and ATK. I3 can help investigate? --------------
I have never shorted a single GenB stock. Better watch the stock's price action, the market is already whispering something now....
Another area of subject expertise..creating fear, aren't you? 😅Crime not confirmed, fine amount not decided yet, but you've already got us all worried!!
US regulator files complaint against Genting Bhd, Resorts World Las Vegas for allegedly allowing suspected or proven criminals to gamble
By Malay Mail Friday, 16 Aug 2024 12:16 PM MYT KUALA LUMPUR, Aug 16 — The Nevada Gaming Control Board (NGCB) in the US has accused Resorts World Las Vegas (RWLV) of catering to individuals with ties to organised crime in a complaint filed yesterday.
The NGCB’s 31-page complaint alleged that Resorts World Las Vegas LLC, and its parent company, Genting Bhd, “welcomed certain individuals with suspected or actual ties to illegal bookmaking, histories of federal felony convictions related to illegal gambling businesses, and ties to organised crime”, according to a report by Bloomberg.
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The complaint said the resort allowed individuals with convictions for running illegal gambling operations, money laundering and tax-law violations to place millions of dollars in wagers.
“The culture within Resorts World created the perception, or the reality in certain instances, that Resorts World is an avenue to launder funds derived from illegal activity,” the NGCB said in its statement, as quoted by the Inside Asian Gaming (IAG) magazine. “The NGCB investigation revealed acceptance among RWLV executives of a culture where information of suspicious or illegal activity is, at a minimum, negligently disregarded, or at worst, wilfully ignored for financial gain.”......
Posted by Michaelchan2024 > 1 day ago | Report Abuse Genting Singapore had a great performance today with a strong finish.. tomorrow it's GenB’s turn, get ready for the ride! 👍 -------- Posted by AngTayKor > 1 day ago | Report Abuse
Please stop guessing la. You usually got it wrong most of the time, becoming an inverse indicator. ------------
Please la @MC for the sake of all investors here dont kill the share price by using your crystal ball again.
If you don't like it, just ignore it ..this is for me and anyone else who's interested! I have ignored your posts without copy and paste and complaining, too!!! 😂
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Michaelchan2024
1,174 posts
Posted by Michaelchan2024 > 2024-08-16 07:13 | Report Abuse
旧战国:
4.20 - 4.00 - 5.00
4.65 - 4.45 - 4.95
4.95 - 4.55 - 4.87
新战国:
4.87 - 4.65 - 4.18 - 4.50 - (5.50)?
分析:
1) 4.87 - 4.65:
这是一个初步的回调。
2) 4.65 - 4.18:
05 Aug的显著下跌显示市场情绪转为负面。4.18是一个新的低点,一个强支撑区。
(在4.20附近进行加仓).
3) 4.18 - 4.50:
从4.18到4.50的反弹,显示了市场的复苏力度。
4) (TP: 5.50)?:
如果价格能够突破4.50并向5.50进发,表明市场情绪可能已经从恐惧转向乐观,是一个预期的高点。👍
投资中的智慧与心态:
把握当前的成功,持续寻找新机会;
当价格上涨时,静心观察..,悠然享受这一刻的成果。