GENTING BHD

KLSE (MYR): GENTING (3182)

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Last Price

3.76

Today's Change

-0.02 (0.53%)

Day's Change

3.75 - 3.83

Trading Volume

3,778,100


46 people like this.

86,874 comment(s). Last comment by mf 59 minutes ago

choysun

4,398 posts

Posted by choysun > 2 weeks ago | Report Abuse

Short position up again. 8.98m now.

Peaches L

905 posts

Posted by Peaches L > 2 weeks ago | Report Abuse

@neohts, someone posted d MBS’ subdued Q3 results earlier and predicted RWS would oso show similar poor results as well. And now, tht post has been deleted after seeing yr news article. How opportunistic tht person cud be trying to spread fear hoping to buy in cheap. Hahaha… 😂

Posted by Balian de Ibelin > 2 weeks ago | Report Abuse

Maybank is promoting Genting.
Brace for impact of Forced Selling later.

Posted by Balian de Ibelin > 2 weeks ago | Report Abuse

Buying activity by newbies reduces share prices.

neohts

2,449 posts

Posted by neohts > 2 weeks ago | Report Abuse

https://klse.i3investor.com/web/stock/overview/3182

KUALA LUMPUR (Oct 28): Genting Bhd (KL:GENTING) has awarded two contracts worth a collective RM1.36 billion to Indonesian and Chinese contractors to complete the onshore gas processing plant, connecting pipelines and supporting facilities for its floating liquefied natural gas (FLNG) facility that will be deployed in West Papua, Indonesia.

In a press release on Monday, Genting said its 95%-owned indirect subsidiary PT Layar Nusantara Gas (PTLNG) has entered into a definitive agreement with China National Machinery Import & Export Corporation (CMEC) and Shandong Kerui Energy Development Co Ltd (Kerui) for the design, engineering and procurement activities for the onshore gas processing plant, connecting pipelines and supporting facilities (midstream infrastructure). The award is worth US$182.87 million (about RM793.22 million).
PTLNG has also entered into a separate contract for the construction, installation and commissioning of the midstream infrastructure with a local Indonesian company, PT China Construction Yangtze River Indonesia, for a fixed lump sum contract price of IDR2.05 trillion (approximately RM566.79 million).

neohts

2,449 posts

Posted by neohts > 2 weeks ago | Report Abuse

https://klse.i3investor.com/web/stock/overview/3182

Resorts World Sentosa seen outperforming Singapore rival Marina Bay Sands in 3Q24
Genting Singapore’s Resorts World Sentosa should outperform its local rival Marina Bay Sands (MBS) for the September 2024 quarter, according to Nomura analysts, citing the latter’s subdued Q3 results announcement last week.

MBS parent Las Vegas Sands revealed during its 3Q24 earnings call that revenues at the iconic property had declined 10% year-on-year to US$919 million, affected by ongoing renovations in Tower 3, and Adjusted EBITDA by 17% to US$406 million, impacted by low VIP hold.
“We reiterate our ‘Buy’ rating on Genting Singapore after MBS’s announcement, as we think investors are likely to look beyond to a 2H24 recovery and expected positive tailwinds from China stimulus,” they wrote. As such, rolling chip volume, mass table drop and slot handle are all expected to show year-on-year growth in FY24 “as we expect progressive improvement in overseas visitor arrivals from China.”

Also maintaining its “Buy” rating on Genting Singapore is Citigroup, noting that it expects RWS to be one of the major beneficiaries from the Singapore-China visa-free arrangement and a solid event line-up in Singapore.”

mushimushi

541 posts

Posted by mushimushi > 2 weeks ago | Report Abuse

There should be potential listing in the Bursa Malaysia of the following Genting Subsidiaries
Genting Energy Limited
Genting Power Holdings Limited
Genting Oil and Gas Limited

Riaz1954

1,320 posts

Posted by Riaz1954 > 2 weeks ago | Report Abuse

Genting is worst performing share counter in its peer group. Most have achieved 40-90% returns ….whilst this ugly duck has struggled despite revenue recovering and valuation metrics suggesting 50% undervalued. So why? Well we know it’s down to CEO, first as an inept leader completely lacking in foresight and unwilling to hand over reigns to professional independent manager. Secondly he is ethical and his focus is to make money from the company structure by dumping shares from time to time and to exercise party related transaction….passing over is owned assets to company at unreasonable value and also to pass on expenses etc….which I beleive is partly why the US associate is complaint about. All consistent with poor shareholder governance. Any way on the positive side at the current price shares are being snapped up….watch out of TauRX news we may see some bad needs further drop the price before the good news! With this counter all is a possibility.

Riaz1954

1,320 posts

Posted by Riaz1954 > 2 weeks ago | Report Abuse

I have been hacked I can’t type ..hence lot of typos …not wowed strong a sentence!

neohts

2,449 posts

Posted by neohts > 2 weeks ago | Report Abuse

Another disappointed day.
If you see LKT in Genting highland, let him know he is the most useless CEO in Malaysia. Ask him to step down.

mushimushi

541 posts

Posted by mushimushi > 2 weeks ago | Report Abuse

Bad news is to allow market maker to press down the price, but if the market maker not yet finished collecting back the tickets nor yet ready to goreng up, news like this
https://cdcgaming.com/brief/federal-judge-dismisses-lawsuit-against-resorts-world-las-vegas-former-president/

Won't repair the damage done to the price prior to this.

mushimushi

541 posts

Posted by mushimushi > 2 weeks ago | Report Abuse

Wow, AngayKlown entire day no comments? GG already?

AngTayKor

2,620 posts

Posted by AngTayKor > 2 weeks ago | Report Abuse

Aiya price at 3.99 everyone here GG also la. Traders very mechanical abt trading if 3.95 break, chop without emotions no problem live to fight another day 😎

neohts

2,449 posts

Posted by neohts > 2 weeks ago | Report Abuse

Everyday still a lot of people selling down at 4.50 pm. Are they making profit or selling at a loss ? Why ?
No team work.

ImCK

3,248 posts

Posted by ImCK > 2 weeks ago | Report Abuse

Useless old folk management that why i said empire fallen
they also not interesting in creative offer fintech solution partner with paylater / bank offer installment combo package so make thier luxury hotel room more attractive and more demand

eagleye

191 posts

Posted by eagleye > 2 weeks ago | Report Abuse


Calling @AngTayKor a clown is not correct just because you don't like him.
It takes a real clown to call someone a clown.

AngTayKor

2,620 posts

Posted by AngTayKor > 2 weeks ago | Report Abuse

Trader already gave best presents here via prompt exit warnings at 5.20, 4.80+ , 4.50 zones FOC. Jealous detractors of course no fate to receive these precious free gifts la. Still can do non-stop attacks on trader. If 财神爷 bless trader with huat power, trader will kowtow + promise to do more good deeds. If you are 财神爷,will you bless @MC / Jeepon clown or trader?

AngTayKor

2,620 posts

Posted by AngTayKor > 2 weeks ago | Report Abuse

Posted by AngTayKor > 5 days ago | Report Abuse

MM ah, lets not spoil mood for all readers. Here post stock market + latest news + FA +TA etc. @Riaz is a senior member here already complaining abt us liow, other users also complaining. Lets be automatic ya.

Peace out ✌
-----------


Mushi ah for the sake of the readers here, lets be automatic ya.

Peace out ✌

Posted by Balian de Ibelin > 2 weeks ago | Report Abuse

Peace out means => No more stocks of peace. It's now War.

Meaning either you die or I die.
Ukraine war in Jalan Alor between Japanese Clown and TAK. See who dies first. 🤣

newbie2019

1,883 posts

Posted by newbie2019 > 2 weeks ago | Report Abuse

no way for price to go up if shorted so heavily?

keyman

523 posts

Posted by keyman > 2 weeks ago | Report Abuse

Cannot beefing of others for shorting... Maybe is the boss himself.. Just ask ourselves why we dont have the foreseen as they do.

Posted by Balian de Ibelin > 2 weeks ago | Report Abuse

No one else has the units to short.

I am a Clown.
So I recognise 3 clowns here.
2 Singaporean Clowns and 1 Japanese Clown, all 3 Clown buying buying while the Master shorts. 🤣

choysun

4,398 posts

Posted by choysun > 2 weeks ago | Report Abuse

Short position 9.46m, still going up 😅

newbie2019

1,883 posts

Posted by newbie2019 > 2 weeks ago | Report Abuse

walao…. kintio these shorties

newbie2019

1,883 posts

Posted by newbie2019 > 2 weeks ago | Report Abuse

sot kao kao

kent9988

31 posts

Posted by kent9988 > 2 weeks ago | Report Abuse

还在跌 为什么有卖不完的票 跌到怀疑人生了

newbie2019

1,883 posts

Posted by newbie2019 > 2 weeks ago | Report Abuse

next 3.8 then 3.5

newbie2019

1,883 posts

Posted by newbie2019 > 2 weeks ago | Report Abuse

short…. no need tickets to sell…. just short and buy back later

the crazy of trading

keyman

523 posts

Posted by keyman > 2 weeks ago | Report Abuse

还是那句话 如果公司是ok 的 那为什么大股东不买 sbb一下也好。烂透了。真庆幸早放了

keyman

523 posts

Posted by keyman > 2 weeks ago | Report Abuse

Michael Now believe or not what I told you before. This boss not talented, greedy, selfish. And you choose to trust him..

keyman

523 posts

Posted by keyman > 2 weeks ago | Report Abuse

最后搞到没脸见人... 何必咧🤭

UncleFollower

1,740 posts

Posted by UncleFollower > 2 weeks ago | Report Abuse

Wah GENT! Kelian

UncleFollower

1,740 posts

Posted by UncleFollower > 2 weeks ago | Report Abuse

We live in a world where speedmart and diy is worth 20B each, while genting is worth 15b. wow.

KooSan

536 posts

Posted by KooSan > 2 weeks ago | Report Abuse

He is the highest paid CEO. Do you think he gives a damn about the share price

mushimushi

541 posts

Posted by mushimushi > 2 weeks ago | Report Abuse

AngayKlown stays quiet again, show us your trading records, you still in the black? or you already all in?

The WApp scammer clown's turn to make noise now, he is very emotional, he is likely in the red too 🤣

mushimushi

541 posts

Posted by mushimushi > 2 weeks ago | Report Abuse

All eyes on US election, if trump lose then civil war, if trump won, he will end the wars, drop interest 1%, but the stock market will still going to crash as new black swan in the making. Could it be his assassination? Could it be war with Iran? Could it be war with China? or Could it be the collapse of United States?

newbie2019

1,883 posts

Posted by newbie2019 > 2 weeks ago | Report Abuse

want to see how low shorties want to short

Ytl2023

332 posts

Posted by Ytl2023 > 2 weeks ago | Report Abuse

Got people mention don't buy now at rm3.96-3.98 when can get again. Ur chance here again

Posted by Balian de Ibelin > 2 weeks ago | Report Abuse

Frankly no one gives a Damn whether you buy or sell.
It's your own money.

Even Serba, I never ever said, do not buy. For Serba, I just said satellite images showed empty land.

For Genting I just said HMTM is a mass chemical mass produced jn China. Plus...... prion proteins are only detectable more than 20 years after synaptic failure are detectable.
A simple sea salt like mass chemical like HMTM does not address breach of Hayflick Limit and Stem Cell deactivation.

Posted by Balian de Ibelin > 2 weeks ago | Report Abuse

How low can shorties short?

With a potential RM35 Billion in total write offs, 2.50 may be possible.

newbie2019

1,883 posts

Posted by newbie2019 > 2 weeks ago | Report Abuse

ok…. buy 3.5

neohts

2,449 posts

Posted by neohts > 2 weeks ago | Report Abuse

At Current share price. Dividend 3.8% . higher than bank FD

Posted by Balian de Ibelin > 2 weeks ago | Report Abuse

Repeat for zillion times.
When share prices drop.
Whales expect earnings loss and dividend loss.
There might be temporary timing differences, the share characteristics are expected to converge in the future to a "normal rate" for earnings and dividends.

keyman

523 posts

Posted by keyman > 2 weeks ago | Report Abuse

@Sifu neohts... Have 3.8% divvy yield with the possibility of losing 20% of the capital?
Dont know leh.. Blur blur

KooSan

536 posts

Posted by KooSan > 2 weeks ago | Report Abuse

Hold until your cucu cicit ...

newbie2019

1,883 posts

Posted by newbie2019 > 1 week ago | Report Abuse

drop further liao

newbie2019

1,883 posts

Posted by newbie2019 > 1 week ago | Report Abuse

so that can buy more

newbie2019

1,883 posts

Posted by newbie2019 > 1 week ago | Report Abuse

don’t be alang alang

neohts

2,449 posts

Posted by neohts > 1 week ago | Report Abuse

22 November 2024 - Q3 2024 result.
What is your prediction ? Profit or loss ?

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