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.

43,592 comment(s). Last comment by Balian de Ibelin 3 minutes ago

Posted by RevenueStock > 2021-10-13 07:25 | Report Abuse

I waiting 3.5..don't worry can wait..

choysun

4,401 posts

Posted by choysun > 2021-10-13 07:55 | Report Abuse

@Sogbashen Why drop leh? If one of your business starting to show potential, wouldn't you put money in? And I'm sure there are grand plans behind the scene that we don't know about yet :p

albertwkm

42 posts

Posted by albertwkm > 2021-10-13 08:53 | Report Abuse

可能主师已准备撤离大马 主战场转去美国 糧草先行哈哈

willee2

1,089 posts

Posted by willee2 > 2021-10-13 09:10 | Report Abuse

looks like market don really bother anymore. gogogo

Moc Nokin

222 posts

Posted by Moc Nokin > 2021-10-13 09:12 | Report Abuse

Good investment to empire resort, I’m strongly support! Well done

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-10-13 09:14 | Report Abuse

Go Genting...!

Mini2021

1,466 posts

Posted by Mini2021 > 2021-10-13 09:20 | Report Abuse

Very sad case, why Genm cant up like glove counter to rm 20??

Mini2021

1,466 posts

Posted by Mini2021 > 2021-10-13 09:22 | Report Abuse

Topglove up from RM 4 to RM 29 , now recovery play why Genm cant up to RM 20? Recovery is fake?

emsvsi

3,519 posts

Posted by emsvsi > 2021-10-13 09:31 |

Post removed.Why?

albertwkm

42 posts

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

坐云顶母船更好点 反正都是一家人哈哈

Sogbashen

608 posts

Posted by Sogbashen > 2021-10-13 10:11 | Report Abuse

choysun,if base on previous historical evidence, once announce empire resort related news, Genm will have selling pressure. But looking at today genm price still seem solids which is good … good uptrend chart, and might really break 3.3 soon

ongth60

557 posts

Posted by ongth60 > 2021-10-13 10:46 | Report Abuse

It is worth noting that Genting Malaysia Bhd had owned a 16.87% stake in Genting HK but sold it to the Lim family in 2016, pocketing a whopping divestment gain of RM1.71 billion.

stockraider

31,556 posts

Posted by stockraider > 2021-10-13 10:49 | Report Abuse

Buy recovery play mah!

Posted by Stocksafeplayer > 2021-10-13 10:51 | Report Abuse

Ha ha @Sogbashen, GenM already earning USD, GBP & now more MYR expected.

This is why shares are exciting….some interpret as gpod news, some as bad news ha ha. Nornal la parent show shareholder’s support, bankers want to see this.

If parent no money to give shareholder’s support, I would panic man… Glover shareinvestor88 no understand basic corporate world la, only throll same thing for more than 1 year

Posted by dianatrader > 2021-10-13 12:14 | Report Abuse

Already hit 3.20 now

Will break it by today

Karma4444

743 posts

Posted by Karma4444 > 2021-10-13 12:29 | Report Abuse

Last year many ppl say genting will bankrupt this and that

Tobby

7,397 posts

Posted by Tobby > 2021-10-13 13:38 | Report Abuse

I only have 20% park in Genm but i sold 10% today and shift to Genting! So now i have 70% of my investment in Genting and only 10% in Genm! Reason, i believe Genting will have much much higher returns as precedent quarters will be a huge bonanza given oil and palm high price! As for latest Empire Resort capital injection, it's actually already talked about in April and long term debt has been issued to cover the latest 150 million injection! Fitch even gave positive outlook for Empire Resort as business has been profitable of late!

Posted by Rateofreturn75 > 2021-10-13 13:48 | Report Abuse

Thank you for a positive comment Tobby!

Posted by Arrogant83 > 2021-10-13 14:16 | Report Abuse

Additional US$150m injection into Empire Resorts a negative development for Genting Malaysia — CGS-CIMB

https://www.theedgemarkets.com/article/additional-us150m-injection-empire-resorts-negative-development-genm-%E2%80%94-cgscimb

Tobby

7,397 posts

Posted by Tobby > 2021-10-13 14:17 | Report Abuse

Actually Empire Resort need to clear 350 million short term debt but only 150 milion was injected! Meaning, things are turning around faster than expected! So yeah, still need injection every now and then but if things goes well, i don't think there's need for further injection!
Bare in mind, Newsburgh gaming should be open by early next year! Another cash cow for Genm!

Posted by shareinvestor88 > 2021-10-13 14:25 | Report Abuse

Tobby there is no certainty in business don't be over confident that another cash call won't happen

Posted by Arrogant83 > 2021-10-13 14:27 | Report Abuse

The proposed equity injection will be funded through proceeds from GenM's US$1 billion bond issuance completed on April 20.

"With this proposed equity injection, GenM would have invested a total of up to US$524.4 million in Empire," the group said.

Over the last three years, GenM has injected US$210 million into Empire Resorts, with US$40 million in March 2019, US$150 million in September 2020 and US$20 million in March 2021.


https://www.theedgemarkets.com/article/genting-malaysia-inject-another-us150m-empire-resorts

Tobby

7,397 posts

Posted by Tobby > 2021-10-13 14:29 | Report Abuse

Arrogant! Yeah, that's what i am trying to say! So it's not really latest news for those who did their homework!

junkit

65 posts

Posted by junkit > 2021-10-13 14:30 | Report Abuse

云顶大马近些年的大减价事件:
https://youtu.be/1AOKR03VHyk

willee2

1,089 posts

Posted by willee2 > 2021-10-13 16:44 | Report Abuse

seems like 3.2 start eating

Posted by RezekiBanyak > 2021-10-13 16:59 | Report Abuse

Esok sudah pasti confirm break RM3.20, Genting will make announcement for theme park soon, especially now closing to weekend already. Selepas all the staffs quarantine and negative, Genting will arrange their duty position of new theme park already

Tobby

7,397 posts

Posted by Tobby > 2021-10-13 17:21 | Report Abuse

Genting should just go ahead and do soft opening! Please give malaysians some reward for their patrotism! I mean, for goodness sake, 95% vaccination rate is world benchmark!

emsvsi

3,519 posts

Posted by emsvsi > 2021-10-13 17:27 | Report Abuse

GENM should soft launch SkyWorld's to selected parties initially....charging millions for a private party for say some VVIP's kids' birthday party etc...ha ha ha ha ha

emsvsi

3,519 posts

Posted by emsvsi > 2021-10-13 17:28 | Report Abuse

Bila theme park buka rezeki tentu banyak melimpah ruah am I right RezekiBanyak ha ha ha

Posted by RezekiBanyak > Oct 13, 2021 4:59 PM | Report Abuse
Esok sudah pasti confirm break RM3.20, Genting will make announcement for theme park soon, especially now closing to weekend already. Selepas all the staffs quarantine and negative, Genting will arrange their duty position of new theme park already

Agjl

5,755 posts

Posted by Agjl > 2021-10-13 17:51 | Report Abuse

Today share88 didnt work hard enough ir rather her okd boring technique didnt work. GHK, catskill empire, dogskill empires, no job, people no money, go to the ground, lost touch bla bla bla. All seems like noises with no echos ….mana itu fear factors shre88 trying to instill? I m so dispointed thought that last nite news might be darn good oportunity for her to cone shout run run run but instead at ard 4:50pn i saw eat eat eat at the end ….apa hal share88? People sudah gila lost touch kah? 3.20 pun makan tak henti henti?

Wakakakakakakakj. Cheers all genm and genting comrades!

Posted by HuatXin888 > 2021-10-13 19:20 | Report Abuse

Gogogo rm3.88 GenM tomorrow since all Genting Hotels is opening....

Posted by dianatrader > 2021-10-13 20:48 | Report Abuse

Good info

Posted by Stocksafeplayer > Oct 13, 2021 11:13 AM | Report Abuse

Thanks @ongth60 for sharing latest news

ongth60 https://www.fitchratings.com/research/corporate-finance/fitch-upgrades...

12/10/2021 11:55 PM

Kkkkronok

54 posts

Posted by Kkkkronok > 2021-10-13 21:08 | Report Abuse

This Saturday go getting lo...!!!!

Mtrade

717 posts

Posted by Mtrade > 2021-10-13 22:59 | Report Abuse

CTS cimb say is bad because their call warrant out of money hhhahaha they are scared now that’s why come out with this shitty report

Posted by RevenueStock > 2021-10-14 05:45 | Report Abuse

Resistance & break 3.5, genting fly above 4.0

OnTime

2,188 posts

Posted by OnTime > 2021-10-14 08:15 | Report Abuse

noted

DestinyL

4,744 posts

Posted by DestinyL > 2021-10-14 08:38 | Report Abuse

Note-taking notes noted about the note

vcinvestor

403 posts

Posted by vcinvestor > 2021-10-14 08:47 | Report Abuse

I noted your note about the noted note

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-10-14 08:50 | Report Abuse

Good morning...Genting..!

Posted by menopause168 > 2021-10-14 09:00 | Report Abuse

shareinvestor88 why r u so panic?

coolkwc

114 posts

Posted by coolkwc > 2021-10-14 09:06 | Report Abuse

wa, open terus drop 4 cents...this empire news really a killer

Posted by Stocksafeplayer > 2021-10-14 09:45 | Report Abuse

lockdown news are real killer….. today GenM churning revenue in Msia, US, UK, Bahamas, Egypt

thaui3

7 posts

Posted by thaui3 > 2021-10-14 10:22 | Report Abuse

shop shop shop at Genting

coolkwc

114 posts

Posted by coolkwc > 2021-10-14 10:55 | Report Abuse

Unlock sentiment gone, you see how AA price drop badly, like water fall, 13 cents in 2 days.

Stockisnotfun

5,143 posts

Posted by Stockisnotfun > 2021-10-14 11:44 | Report Abuse

Drop nice wo. Fast fast dump your ticket. I have another batch of money coming liao.

Posted by Start_0f_the_bull > 2021-10-14 11:49 | Report Abuse

So much funds go to Genting Empire Resorts, what is left for shareholders?

Posted by Stocksafeplayer > 2021-10-14 12:07 | Report Abuse

Glover from supermax asking stiupxd question.. Kesian lack of financial knowledge

Posted by Start_0f_the_bull > 2021-10-14 12:22 | Report Abuse

What financial knowledge? That is about how good is your financial knowledge by holding a loss making for the past one and a half years company although it is the only licenced casino in the country.

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