Posted by Cansandra > 2021-10-12 00:23 | Report Abuse

Genm before closing down of old theme park is trading at 5 dollar & above. So with the new theme park opening the company's share price should trade below 3 dollar? what's the logic?

Posted by shareinvestor88 > 2021-10-12 01:23 | Report Abuse

Wait Q3 RESULTS better bye 2.2

Posted by Peaches L > 2021-10-12 03:31 | Report Abuse

Dun expect price to spike up anytime soon. Usually, it does go up suddenly when d least ppl expects it. Rarely, there was a time previously when its price goes limit-up or, when interstate travel is lifted like now. Need to stay invested for d longer term. There’s no easy way to make handsome profits thru GenT and GenM stocks. Just a wishful thinking if u think u can. Hahaha…

Posted by Rateofreturn75 > 2021-10-12 07:47 | Report Abuse

Can the price hit 3.2 today?

Posted by Serious > 2021-10-12 07:52 | Report Abuse

https://www.cnbc.com/2021/10/06/covid-dr-scott-gottlieb-says-antiviral-pills-kids-vaccines-key-to-ending-pandemic-phase.html?__twitter_impression=true&recirc=taboolainternal

Dr. Gottlieb sees Covid’s ‘pandemic phase’ ending when antiviral pills, kids’ vaccines available
PUBLISHED WED, OCT 6 20211:08 PM EDTUPDATED WED, OCT 6 20212:43 PM EDT

Posted by fongam > 2021-10-12 09:54 | Report Abuse

The process of planting seeds and then waiting for the harvest is an arduous journey. It requires much patience and if you expect quick harvest, better go to fintec counters

Posted by Stocksafeplayer > 2021-10-12 09:55 | Report Abuse

Thanks for the sharing the good news @Serious

Posted by Stocksafeplayer > 2021-10-12 10:23 | Report Abuse

Kesian shareinvestor88….Go apply for Bantuan Prihatin or govt agencies for no income, job loss.

Don’t come to Genting forum to kau peh kau booo ha ha

Posted by LossAversion > 2021-10-12 10:25 | Report Abuse

Reply to @Posted by shareinvestor88 > Oct 12, 2021 10:08 AM | Report Abuse
BE REALISTIC , SEE THE ECONOMY , JOB LOSSES , NO INCOME , STILL TALKING AVOUT Vacation ?

That depends which GROUP you belongs.... Group that is dependent and independent.... Indepedent group will go for vacation. Dependent group will FOREVER depend on Government!!!

Posted by Harimaukecik > 2021-10-12 10:35 | Report Abuse

@Loss Aversion : That depends which GROUP you belongs.... Group that is dependent and independent.... Indepedent group will go for vacation. Dependent group will FOREVER depend on Government!!!

That's good one, i agreed. it does not help also if we keep worrying. we need to just be extra careful wherever we go.

Posted by Agjl > 2021-10-12 10:58 | Report Abuse

Stocksafeplayer Kesian shareinvestor88….Go apply for Bantuan Prihatin or govt agencies for no income, job loss.

Don’t come to Genting forum to kau peh kau booo ha ha
12/10/2021 10:23 AM

Hahahah thats true!!:)

Posted by Agjl > 2021-10-12 10:59 | Report Abuse

Rateofreturn75 Can the price hit 3.2 today?
12/10/2021 7:47 AM

Dont just look at price level today or tmrw.. give a medium term view. Lets say by Dec.

Posted by Agjl > 2021-10-12 11:01 | Report Abuse

Peaches L Dun expect price to spike up anytime soon. Usually, it does go up suddenly when d least ppl expects it. Rarely, there was a time previously when its price goes limit-up or, when interstate travel is lifted like now. Need to stay invested for d longer term. There’s no easy way to make handsome profits thru GenT and GenM stocks. Just a wishful thinking if u think u can. Hahaha…
12/10/2021 3:31 AM

Thats very true my fren..those days of quick bucks is over at least for now. Value investing and patience will be the key.

Posted by Stockisnotfun > 2021-10-12 11:02 | Report Abuse

Wait IB finish goreng the tech first then only genting turn.

Posted by Stocksafeplayer > 2021-10-12 11:02 | Report Abuse

Agree @Agjl…. wonder if JP Morgan’s TP 4.0 comes true

Posted by Agjl > 2021-10-12 11:03 | Report Abuse

Not to worry comrades….the price will move

Posted by Agjl > 2021-10-12 11:16 | Report Abuse

Stocksafeplayer Agree @Agjl…. wonder if JP Morgan’s TP 4.0 comes true
12/10/2021 11:02 AM

I m quite confident ant this my fren. But i think our fren share88 will disagree with me and ask me to go to the ground cos i lost touch.

I did go to the ground and drove to Goh thong Jaya yesterday afternoon hoping to get my favorite patin fish lunch there. But i have to be told to wait for the table for almost 40 minutes. I decided not to wait and going straight to another restaurant for their nice fried rice….again all the tables are full.

So i ask myself, what did share88 has been talking about? The place was so packed that i ended up get a burger on my way down at the Mc Donals at Jamda baik.

Posted by Agjl > 2021-10-12 11:19 | Report Abuse

People are expecting too much after the annoucement of the lifting of interstate ban. There are people even talking about limit up which i find thatvits absurd….for a share base of almost 6bn to go limit up? Hahaha that will be a dream. People has to be realistic, genm is a institutional stock, the buying interest will generate slowly and consistenly over the weeks or months…

Posted by Agjl > 2021-10-12 11:22 | Report Abuse

All the recovery stocks will be making a come back by nov-dec.

Even my AA also making a come back now after heavy profit taking this morning.

Posted by Agjl > 2021-10-12 11:22 | Report Abuse

I will not be surprise if AA turn green today

Posted by coolkwc > 2021-10-12 11:31 | Report Abuse

queue at 3.19 for so long still haven't match yet, gogogo

Posted by Agjl > 2021-10-12 11:54 | Report Abuse

Rateofreturn75 Can the price hit 3.2 today?
12/10/2021 7:47 AM

Dont worry my fren. This is a bery small target. It will reach for sure. However, keep your tatget higher though

Posted by Agjl > 2021-10-12 11:55 | Report Abuse

Have a longer view comrades…

Posted by Rateofreturn75 > 2021-10-12 11:57 | Report Abuse

Agjl my target price is rm5.5 in next 1-2 years. Just target 3.2 today to see it start to move slowly. Make me feel good after holding the share for almost 1 year. Just start to see green in P/L :)

Posted by goldenshoe > 2021-10-12 11:59 | Report Abuse

Looking forward to more hotel open for booking. Should be announced very soon.

Posted by coolkwc > 2021-10-12 12:03 | Report Abuse

hope it clear 3.2 today, then next hope is 3.3, very heavy resistance @ 3.2

Posted by Agjl > 2021-10-12 12:04 | Report Abuse

Rateofreturn75 Agjl my target price is rm5.5 in next 1-2 years. Just target 3.2 today to see it start to move slowly. Make me feel good after holding the share for almost 1 year. Just start to see green in P/L :)
12/10/2021 11:57 AM

Happy to know that you have been patience. I think your patient will start to reap the rewards on the next 1-2 mths. Coincidentally i m justvlike you been holding genm and genting after exiting gloves at its high…its not an easy wait but i do believe all the waitimg os worth the waiting…wish you all the best my best for your journey to RM5.5. Cheers!

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

coolkwc hope it clear 3.2 today, then next hope is 3.3, very heavy resistance @ 3.2
12/10/2021 12:03 PM

The resistance is there at 3.2 becos collectors do not wantbit to go up so fast…each time the resistance is reducing, more q will be park there to create more selling….and when the time is right all sell will be either eaten up or taken down.. this is my observation. I could be wrong

Posted by Rateofreturn75 > 2021-10-12 12:18 | Report Abuse

Thank you Agjl, we are on the same boat. I put 60% of my capital to genm because the believe that genm will rebound. I hope my prediction is correct. My target after interstate allowed is TP 3.3, when new outdoor open it should up to 3.5-3.8. And when it start to generate profit and turn to black tp > 4. And when it start to pay regular dividend then it will move between 5-5.5. This is my personal target and wish. (Not for the decision for other to buy or sell)

Posted by Stocksafeplayer > 2021-10-12 12:34 | Report Abuse

Possible personal targets @Rateofreturn75…. the new theme park would be expected to attract visitors from ASEAN & other countries…So, not just recovery stock, growth stock in play

Posted by Stocksafeplayer > 2021-10-12 12:35 | Report Abuse

Most countries waiting for return of tourists from China…..

Posted by Rateofreturn75 > 2021-10-12 14:10 | Report Abuse

Thank you Stocksafeplayer for the positive thinking and encouragement. I feel very happy now coming to this forum knowing that many are on the same direction. Cheers!!

Posted by Tony008 > 2021-10-12 14:26 | Report Abuse

We are on the same page. I have almost the same TP like u Rateofreturn75.
Now GENM counter consist of 80% of my total portfolio value. Its now or never.
Cheers bro and good luck, go GENM

Posted by coolkwc > 2021-10-12 14:39 | Report Abuse

Until opening this morning GENM is still 100% of my capital, but sold 1/3 for profit and free the capital for other counter before lunch time. Abit too slow for me.

Posted by Bgt 9963 > 2021-10-12 14:45 | Report Abuse

Go genting...!

Posted by Agjl > 2021-10-12 14:58 | Report Abuse

coolkwc Until opening this morning GENM is still 100% of my capital, but sold 1/3 for profit and free the capital for other counter before lunch time. Abit too slow for me.
12/10/2021 2:39 PM

U may b taking profit a tad early my fren….just my view

Posted by Goku88 > 2021-10-12 15:21 | Report Abuse

GENM slowly and steadily go up.. momentum is building.

Posted by Agjl > 2021-10-12 15:32 | Report Abuse

Whacking the 3.20 now

Posted by coolkwc > 2021-10-12 16:07 | Report Abuse

@Agjl my main purpose is to free up some capital while taking some profit.

Posted by desire > 2021-10-12 18:09 | Report Abuse

Am 100 percent loaded in genm

Posted by desire > 2021-10-12 18:22 | Report Abuse

Closer to weekend or when see genting casino Facebook photos sure price will up further

Posted by dianatrader > 2021-10-12 19:21 | Report Abuse

More and more to open

Tourism will be good again

Posted by goldenshoe > Oct 12, 2021 11:59 AM | Report Abuse

Looking forward to more hotel open for booking. Should be announced very soon.

Posted by dianatrader > 2021-10-12 20:35 | Report Abuse

What?

Oh no

Posted by Stocksafeplayer > Oct 12, 2021 12:35 PM | Report Abuse

Most countries waiting for return of tourists from China…..

Posted by jolynce > 2021-10-12 20:39 | Report Abuse

genm is back to prepandemic price, but genting singapore is still at a discount. just an idea if you have missed the boat with genm :)

Posted by NatsukoMishima > 2021-10-12 21:56 | Report Abuse

https://www.orientaldaily.com.my/news/business/2021/10/12/443685

How many time GENM need to add more capital to save empire ???

Posted by Karma4444 > 2021-10-12 22:02 | Report Abuse

waste money, throw at longkang

Posted by ongth60 > 2021-10-12 23:55 | Report Abuse

https://www.fitchratings.com/research/corporate-finance/fitch-upgrades-empire-resorts-idr-to-b-exp-on-recapitalization-outlook-stable-12-10-2021

Posted by ongth60 > 2021-10-13 00:02 | Report Abuse

Leverage High but Manageable: Fitch forecasts standalone gross rent-adjusted leverage to approach 6x by 2022 (around 7x including HoldCo debt) driven by a more conservative proposed capital structure and a strong recovery in U.S. regional gaming from the coronavirus disruption. The credit profile should continue to modestly de-lever through 2024 as FCF generation can support a small level of debt paydown at the HoldCo level. EBITDAR margins have improved sequentially since early 2021, supported by management's privatization cost saving measures, increased win-per-unit-per-day (WUD), and regional gaming's strong recovery

Posted by alextan5680 > 2021-10-13 00:48 | Report Abuse

https://www.klsescreener.com/v2/news/view/893599

Posted by Sogbashen > 2021-10-13 01:32 | Report Abuse

Tmr might drop due to empire resort news