GENTING MALAYSIA BERHAD

KLSE (MYR): GENM (4715)

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Last Price

2.12

Today's Change

-0.01 (0.47%)

Day's Change

2.12 - 2.14

Trading Volume

4,981,900


32 people like this.

43,591 comment(s). Last comment by StakesAreHigh 6 hours ago

Trademou

188 posts

Posted by Trademou > 2021-10-06 16:26 | Report Abuse

I don’t think new theme park will contribute additional that much revenue, but I got faith in Las Vegas resort

Posted by Stocksafeplayer > 2021-10-06 16:35 | Report Abuse

Usually any new investments would be expected to break-even, then fully profitable during planning & funding stages. No businessman would start a project if they not gonna recoup back the entire project costs plus funding/banks’ interests, etc

Posted by Stocksafeplayer > 2021-10-06 22:42 | Report Abuse

Good news! Pahang in Phase 4 this Friday….just in time before interstate travels re-open again.
Only NS in Phase 4 so far. Hope the new theme park can open sooon!

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-10-06 22:55 | Report Abuse

Go genting...!

Posted by Stocksafeplayer > 2021-10-07 09:00 | Report Abuse

“With the Malaysian IR now open again to Pahang residents and expected to welcome visitors from across the country once the national vaccination rate hits 90% in the coming weeks, visitation is tipped to reach around 3 million in 4Q21 – around half the pre-COVID level of 6.2 million visitors in 4Q19.

Yin also points to the Genting SkyWorld launch as a key catalyst for the company.

“We maintain our view that it will open in December 2021 to coincide with the school holidays,” he says.”

https://www.asgam.com/index.php/2021/10/02/genting-malaysia-to-reach-breakeven-in-q4-on-reopening-of-malaysian-ir-maybank/

Posted by Stocksafeplayer > 2021-10-07 09:17 | Report Abuse

JKJAV 6 Oct (Wed) 88.8%

Goku88

429 posts

Posted by Goku88 > 2021-10-07 09:22 | Report Abuse

When interstate reopen institution will come back and buy back this stock including foreign investor.

Donator

1,123 posts

Posted by Donator > 2021-10-07 09:52 | Report Abuse

Pahang going to Fasa 4...

coolkwc

114 posts

Posted by coolkwc > 2021-10-07 10:15 | Report Abuse

3.1, keep going...next resistance 3.11, 2nd resistance 3.16, let see

Posted by Harimaukecik > 2021-10-07 10:30 | Report Abuse

ada show ke? can surpass 3.1 today very good liao

coolkwc

114 posts

Posted by coolkwc > 2021-10-07 10:44 | Report Abuse

3.12 now...very big volume few minutes ago

Posted by RezekiBanyak > 2021-10-07 10:56 | Report Abuse

Sunday will announce if everyday increase 0.4& adult fully vaccinated, Saturday will increase higher as weekend not working so maybe Saturday can already achieve 90% then Sunday announce

Posted by menopause168 > 2021-10-07 10:56 | Report Abuse

Tiu niama eh that shareinvestor88 didn't work ah.. i still haven't collect enough

willee2

1,089 posts

Posted by willee2 > 2021-10-07 11:01 | Report Abuse

tongkat aliiiiiiiiiiiiiiiiiiii~ yuuusoooffff taiyooooobbb gogogo

Posted by menopause168 > 2021-10-07 11:18 | Report Abuse

shareinvestor88 u poosy get out there work it down

Ahboy96

154 posts

Posted by Ahboy96 > 2021-10-07 11:26 | Report Abuse

lets go genting

Davidl

1,816 posts

Posted by Davidl > 2021-10-07 11:31 | Report Abuse

So bullish today!

coolkwc

114 posts

Posted by coolkwc > 2021-10-07 11:34 | Report Abuse

Too bullish abit scare actually, haha

coolkwc

114 posts

Posted by coolkwc > 2021-10-07 11:36 | Report Abuse

There is a very big volume queueing at 3.15 to dump. So this will be the next resistance.

investorV

16 posts

Posted by investorV > 2021-10-07 11:42 | Report Abuse

Hope go up 3.2 in 1 day....haha

Trademou

188 posts

Posted by Trademou > 2021-10-07 12:13 | Report Abuse

Later 4.30pm Khairy press conference!!!!!!

Agjl

5,755 posts

Posted by Agjl > 2021-10-07 12:19 | Report Abuse

menopause168 Tiu niama eh that shareinvestor88 didn't work ah.. i still haven't collect enough
07/10/2021 10:56 AM

Hahahahaha…itu share88 sudah diam diam beli lor. All get conned! Wakakakaj

Posted by Rateofreturn75 > 2021-10-07 12:37 | Report Abuse

Interstate allowed = tp 3.3, casino open = 3.5, out door open = 3.7. Everything open = 4.0 :)

coolkwc

114 posts

Posted by coolkwc > 2021-10-07 12:44 | Report Abuse

i got a feeling the interstate travel will be announce today and allowed starting Saturday with slightly short of 90%. 90% is just an academic figure, not meaningful.

Posted by Stocksafeplayer > 2021-10-07 13:16 | Report Abuse

Ha ha ha…. good thinking @coolkwc. Run for PM next election please

kaitan

175 posts

Posted by kaitan > 2021-10-07 13:18 | Report Abuse

not selling till 6

coolkwc

114 posts

Posted by coolkwc > 2021-10-07 13:32 | Report Abuse

@Stocksafeplayer nola, if you look at recently recovery phase advancing announcement, normally it started before the weekend and at least start at Saturday. Start from Monday isn't a good news to traveller because they still need to wait until their work finished by Friday

coolkwc

114 posts

Posted by coolkwc > 2021-10-07 15:21 | Report Abuse

Well, like i said 90% is just an academic figure. After all we still left 10% not fully vaccinated even if we reached 90%, that 10% is much more compare to 1% short of 90%.

Sogbashen

608 posts

Posted by Sogbashen > 2021-10-07 16:47 | Report Abuse

Ready for 3.3?

willee2

1,089 posts

Posted by willee2 > 2021-10-07 16:57 | Report Abuse

gogogo ale ale ale tongkat ali kasi satu

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-10-07 16:57 | Report Abuse

Go genting....!

8u29song

2,929 posts

Posted by 8u29song > 2021-10-07 18:08 | Report Abuse

looks like many good factors but why still many are disposing ????

Posted by dianatrader > 2021-10-07 18:09 | Report Abuse

Buying mode now.

Or you will missed the train again

Posted by RezekiBanyak > 2021-10-07 18:31 | Report Abuse

@8u29song sebab itu semua warrants, now banks making loss on GENM warrants, Oct and November banyak warrants going to expiry and most of them are in the money, banks semua kena jual mother share to press the price and cash out to pay warrants holders, atau they queue bid price for warrants, press down mother, so they buy back warrants from the market...semua buaya besar playing GENM sekarang

Posted by RezekiBanyak > 2021-10-07 18:35 | Report Abuse

Sekarang GENM tiap tiap hari average above 10million volume traded, means buaya sedang trade batch by batch in daily, mereka sekarang sudah takut sebab initially they bet short on GENM, but didnt expect GENM uptrending earlier than expected

Posted by RezekiBanyak > 2021-10-07 18:38 | Report Abuse

Kalau you all tengok GENM all put warrants, very little people buy only or even no people buying, Buaya kena press down GENM mother share to make their put warrants attractive, otherwise they rugi for isssuing all the put warrants

Posted by RezekiBanyak > 2021-10-07 18:39 | Report Abuse

So far only Kenanga, public bank and Hong Leong gave target price, sebabd they are not involved at all the now existing GENM warrants

ongth60

557 posts

Posted by ongth60 > 2021-10-07 18:45 | Report Abuse

I remembered 2 days ago pressed down price last minute unload big batch at the last minute. Kena monitor shorted share for genm.

jackyyaya

62 posts

Posted by jackyyaya > 2021-10-07 19:10 | Report Abuse

that big unload was just a typical flushing, over 70% trading last 2-4weeks were just tricks from institutional players, holding power of GenM shareholders are very strong.

jackyyaya

62 posts

Posted by jackyyaya > 2021-10-07 19:11 | Report Abuse

They were not even able to press down the price to 2.90, too many people are waiting there

Posted by panda3838 > 2021-10-07 19:50 | Report Abuse

Hello guys, newbie here. How do you guys choose between GENB and GENM? If Interstate travel is allowed again, it will only benefit GENM?

coolkwc

114 posts

Posted by coolkwc > 2021-10-07 20:19 | Report Abuse

The way i choose GENM is because it is cheaper so that i can buy more, haha. Anyway if u look at both GENB and GENB curve, they share the almost similar curve. Almost drop and rise together.

coolkwc

114 posts

Posted by coolkwc > 2021-10-07 20:31 | Report Abuse

Seems like candlestick today ended with shooting star, expect the price will drop tmr?

jackyyaya

62 posts

Posted by jackyyaya > 2021-10-07 20:54 | Report Abuse

a shooting star in an early stage of uptrending has no impact on the chart, does it means anything even it drops tmr?

jackyyaya

62 posts

Posted by jackyyaya > 2021-10-07 20:56 | Report Abuse

don't get confused by this kind of noise, all the candlesticks pattern can be manipulated, you have to differentiate which is signal which is noise

Trademou

188 posts

Posted by Trademou > 2021-10-07 21:13 | Report Abuse

@coolkwc shooting star only counts when the price is at top of uptrending, however Genm today touched the resistance of symmetrical triangle and the closing price is above yesterday closing price, so it is still under bullish position

ongth60

557 posts

Posted by ongth60 > 2021-10-07 22:52 | Report Abuse

Unless there is foreign holding buying, quite difficult for retailer Vs institutional holders to break resistance.

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