Posted by everest29029 > 2022-01-26 06:34 | Report Abuse

GHK was already in a poor financial state prior pandemic. Salvaging those white elephants (cruises) to operate from Singapore will put the whole company under more financial strain. This explained all the unpaid fuel bills since 2017. Cruise operation simply wasn't profitable.

https://www.theedgemarkets.com/article/gentings-lim-crosses-swords-german-authorities

(Excerpts from the article)

It has been loss-making since the financial year ended Dec 31, 2016 (FY2016)

Notably, the company’s cash and cash equivalents were declining rapidly pre-pandemic. Its cash and cash equivalents stood at US$1.155 billion in FY2017, but dwindled to US$595.1 million by FY2019.

Posted by EatCoconutCanWin > 2022-01-26 08:43 | Report Abuse

CEO also left . crazy lo..

Posted by alvin5588 > 2022-01-26 12:13 | Report Abuse

The worst is over..

Posted by Shines > 2022-01-26 13:55 | Report Abuse

Early redemption is a good sign, see tonight feds announcements

Posted by shareinvestor88 > 2022-01-26 15:40 | Report Abuse

the worst just started

Posted by Karma4444 > 2022-01-26 17:01 | Report Abuse

Early retention no need pay so much interest

Posted by trading2019 > 2022-01-26 19:19 | Report Abuse

Yahoo theme park is opened!

Posted by emsvsi > 2022-01-26 19:28 | Report Abuse

SKYWORLDS SKYROCKETTT

Posted by limkokthye > 2022-01-27 10:46 | Report Abuse

more discount pls ,

Posted by kaitan > 2022-01-27 12:53 | Report Abuse

2.50 waiting zzzzz

Posted by Red Tulip > 2022-01-27 15:03 | Report Abuse

When is SkyWorlds Theme Park open?

Posted by Jonathan Keung > 2022-01-27 15:06 | Report Abuse

Genting main revenue $$$ coming from casino

Posted by shareinvestor88 > 2022-01-27 16:21 | Report Abuse

Q @ 1.88

Posted by NatsukoMishima > 2022-01-27 21:03 | Report Abuse

https://www.orientaldaily.com.my/news/nation/2022/01/27/464571

Posted by cheeseburger > 2022-01-27 23:31 | Report Abuse

https://www.theedgemarkets.com/article/azmin-genting-hong-kong-bankruptcy-has-no-impact-malaysian-economy

Azmin: Genting Hong Kong bankruptcy has no impact on Malaysian economy

Posted by Serious > 2022-01-28 08:11 | Report Abuse

All banks have risk score card which dictates how loans are granted. At its height of business success, Genting was considered a safe bet to lend money to even without collateral. In fact most banks are lining up to lend money to Genting. Nobody can predict that COVID-19 could bring down a business. Genting has been a good paymaster and it's image and reputation as a successful business was never in doubt. Malaysian banks have been profiting from loans to Genting when times were good. Nobody made any comments about it. Banks give loan is a calculated risk. You win some, you lose some. Loans to Genting is much safer than loans given to politicians and their companies. Don't hit a business like Genting when it's down.

Posted by shareinvestor88 > 2022-01-28 09:17 | Report Abuse

SI888 that's old news

Posted by alvin5588 > 2022-01-28 10:45 | Report Abuse

https://focusmalaysia.my/border-re-opening-a-major-catalyst-to-boost-genting-malaysias-earnings/?fbclid=IwAR2QCtPAcEntoLPGA7Mm3qEz83qmtjga-9dVAt0JLPy1fTq-VD9Es1Cwby8

Posted by Shines > 2022-01-28 13:30 | Report Abuse

Sky world only in Feb.

Posted by alvin5588 > 2022-01-28 14:49 | Report Abuse

https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E5%88%86%E6%9E%90skyworlds%E6%88%B7%E5%A4%96%E5%85%AC%E5%9B%AD%E5%86%9C%E5%8E%86%E5%B9%B4%E5%BC%80%E6%94%BE-%E4%BA%91%E9%A1%B6%E5%A4%A7%E9%A9%AC%E4%BB%8A%E5%B9%B4%E6%9C%89%E6%9C%9B%E8%BD%AC%E7%9B%88?fbclid=IwAR06hvJP1JSfx5lyBQlSKe8seqoN5FWFK2Q4w6pO5rwzfKZccbZ0s9gvpmE

Posted by limkokthye > 2022-01-28 22:45 | Report Abuse

tiger year will bite all the gamblers in genting

Posted by Horkasai > 2022-01-28 22:47 | Report Abuse

https://youtu.be/c0H5bqc59xM

Posted by cheeseburger > 2022-01-29 09:57 | Report Abuse

https://www.theedgemarkets.com/article/sneak-peak-genting-malaysia-says-rm32b-genting-skyworlds-be-opened-feb-2022

estimate visitor arrivals to increase to 23 million and 27 million people in FY22F (ending Dec 31) and FY23F respectively, recovering from a low of 12.7 million in FY20.

Posted by Michael_chan2022 > 2022-01-29 13:02 | Report Abuse

Hope this Highlands tiger to start roaring....the sooner the better...Huat ar..!

Posted by Michael_chan2022 > 2022-01-29 13:09 | Report Abuse

https://youtu.be/zRHzWrWIXog

Eye of tiger....
Tiger roaring ah!

Posted by Karma4444 > 2022-01-29 14:40 | Report Abuse

Casino always win

Posted by limkokthye > 2022-01-29 18:39 | Report Abuse

all my portfolio red red red

Posted by LALA > 2022-01-29 20:04 | Report Abuse

Ada reunion dinner tak?

Posted by shareinvestor88 > 2022-01-29 20:23 | Report Abuse

https://m.malaysiakini.com/news/608936

Posted by Michael_chan2022 > 2022-01-29 22:32 | Report Abuse

Jialat...these banks will have more Bad Debt provision in FY2022. Better stay away...

Posted by cheeseburger > 2022-01-29 22:36 | Report Abuse

people will need entertainment after a long lock down. Strong demand for theme park, for sure. With gov promise of no more lock down, we can expect strong crowd coming to Genting Skyworld.

Posted by Tobby > 2022-01-29 23:00 | Report Abuse

Posted by shareinvestor888 > Jan 29, 2022 10:16 PM | Report Abuse

Skyworlds likely open between mid to late Feb?

Answer : Told you guys! So fed up with Genting management! Delay delay delay!

Posted by LALA > 2022-01-30 06:50 | Report Abuse

Feng shui masters foresee Malaysia to prosper in 2022 with spotlight on tourism despite tough 2021
Friday, 28 Jan 2022 12:36 PM MYT BY MILAD HASSANDARVISH
Based on feng shui analysis, Malaysia is expected to prosper in 2022. ― Picture by Hari Anggara

KUALA LUMPUR, Jan 28 ― Last year was an uncertain year for Malaysia across political, financial and public health landscapes.

However, despite the uncertainties, many remain hopeful that the Year of Tiger may bring some positivity to Malaysia.

As we head into the new Lunar year soon, Malay Mail asked feng shui masters Kenny Hoo and Yap Boh Chu to tell us what’s in store for Malaysia this year based on the annual BaZi chart.

Kenny Hoo – ‘The brighter year’

According to Hoo, 2022 will usher in endless opportunities, improvements, progress and prosperity for various fields.

“2022 will be a great year of volatility but will inspire countless new opportunities and business opportunities.”

Hoo said the price of raw materials such as rubber, wood, palm oil, vegetables and fruits, furniture, medical supplies and gasoline is expected to see a steady rise this year.

“Medicine and healthcare, electronics, telecommunications and high-tech products will have a more prosperous year in 2022.”

Hoo also noted that the sectors that were badly affected by the pandemic such as aviation, transportation and tourism will start to see new opportunities and rising demand this year.

According to him, the good relationship between Malaysia and China will help Malaysia to continue to prosper in the region, causing higher demand for many home-grown products.

Hoo, however, cautioned that this year may not have much luck for the southwest region.

“If your house or office door is situated in the southwest, you must pay more attention to your health this year.

“The southwestern regions and countries may have a relatively high rate of infectious diseases, so people who plan to travel in that region may have to take measures to prevent diseases and natural disasters.”

To encourage positive energy, Hoo said it’s advisable to use blue decorations in the central, southwest, west, north, northwest and northeast directions of the house or office.

“Avoid red, yellow and brown decorations, especially in the central and southwest directions.”

Yap Boh Chu ― ‘Teamwork is key’

According to Yap, the new Lunar year will bring opportunity and growth, however, there will be some turbulent weather ahead.

Yap said the road to success in 2022 is for those who pay attention to teamwork and cooperation.

He also noted that the opportunity awaits those who travel this year.

“World tensions will ease and obstacles will be over through joint efforts.”

Yap said the travel industry will experience a boom and can expect to recover from the losses brought by the pandemic over the past two years.

He, however, cautioned that more transport accidents are expected in the coming Lunar year.

“This year will also have earth-related disasters such as earthquakes, volcanoes and landslides in the east.”

Yap predicted the education sector will prosper in 2022, while the oil and gas industry will see better days ahead when compared to the previous years.

“The year may not be so great for financial institutions and manufacturing such as heady industries like motor vehicles and heavy engineering.”

Yap said February, March, May and December are good months, while June, September and November may be volatile.

Posted by LALA > 2022-01-30 06:53 | Report Abuse

According to Fengshui, 2022 year BAGUS UNTUK MALAYSIA. Yahoooo

Posted by MorningGlory123 > 2022-01-30 11:23 | Report Abuse

What's going to happen for Genting Hong Kong now?

Any further rescue plans?

Posted by i3lurker > 2022-01-30 13:08 | Report Abuse

short it tomorrow and die or die later even so.

Posted by shareinvestor888 > 2022-01-30 13:08 | Report Abuse

Best news so far - GenM announced early redemption of about RM1.40 Billion for its Notes programme on 28th Jan last friday

Posted by MorningGlory123 > 2022-01-30 14:18 | Report Abuse

Genting's Lim Kok Thay blames Germany for cruise operator’s demise

(Jan 29): Tan Sri Lim Kok Thay, the former chairman of Genting Hong Kong Ltd, which slid into provisional liquidation last week, has accused the German government of walking away from a promise to provide capital to Genting’s shipbuilding unit, whose demise ultimately forced the cruise ship operator to seek court assistance to safeguard its assets. 


https://www.theedgemarkets.com/article/gentings-lim-kok-thay-blames-germany-cruise-operators-demise


*Why just walk away from tank ship without rescue plan? Is it the right direction to solve the problem?

Posted by MorningGlory123 > 2022-01-30 14:34 |

Post removed.Why?

Posted by Michael_chan2022 > 2022-01-30 15:07 | Report Abuse

https://youtu.be/ANGTx7_WyKM

Posted by shareinvestor88 > 2022-01-30 21:47 | Report Abuse

SI888 you bought GM 3.50 ?

Posted by i3lurker > 2022-01-30 21:53 | Report Abuse

NTA could go below RM2.00 and with it the ......................... as well

Posted by Michael_chan2022 > 2022-01-31 08:12 | Report Abuse

Truly a bunch of jokers....let them entertain themselves

Posted by Karma4444 > 2022-01-31 12:42 | Report Abuse

Jibye genm cny drop

Posted by Michael_chan2022 > 2022-01-31 13:01 | Report Abuse

https://www.sinchew.com.my/?p=3581530

Posted by Michael_chan2022 > 2022-01-31 13:05 | Report Abuse

祝大家新年快乐...
龍精虎猛，
如虎添翼，
虎年行大運! 發..發...發啊!

Posted by Tobby > 2022-01-31 14:11 | Report Abuse

I think investors are dissapointed over another late opening of Skyworlds!

Posted by i3lurker > 2022-01-31 14:15 | Report Abuse

heavy consumers of letrik increase 18.4%

Posted by Tobby > 2022-01-31 14:17 | Report Abuse

Thanks for your sharing i3lurker! Yeah, that will surely impact profit for Genting!

Posted by Michael_chan2022 > 2022-01-31 14:25 | Report Abuse

Look at CIMB.. heavy selling, too! More jialat...