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.

43,586 comment(s). Last comment by Income 7 hours ago

leestar

372 posts

Posted by leestar > 2022-05-25 18:09 | Report Abuse

QR??

angki

24 posts

Posted by angki > 2022-05-26 11:40 | Report Abuse

upward

ase133

55 posts

Posted by ase133 > 2022-05-26 12:10 | Report Abuse

today qr out

RWG

1,051 posts

Posted by RWG > 2022-05-26 17:03 | Report Abuse

bad market sentiment, good result also cannot up

bigwill

3 posts

Posted by bigwill > 2022-05-26 17:34 | Report Abuse

GENM net loss $147.8M

Posted by investmalaysia618 > 2022-05-26 17:40 | Report Abuse

waseh, cny period still can make loss ah

Yu_and_Mee

3,455 posts

Posted by Yu_and_Mee > 2022-05-26 17:42 | Report Abuse

tomorrow if limit down, sapu

Stan Lee

22 posts

Posted by Stan Lee > 2022-05-26 17:45 | Report Abuse

WHY finance cost seem so high

kincho

37 posts

Posted by kincho > 2022-05-26 17:49 | Report Abuse

Making profit of RM414 million (EBITDA) yet taking advantage of the accounting loopholes 147.8 million losses was incurred. This is madness !

Karma4444

743 posts

Posted by Karma4444 > 2022-05-26 17:50 | Report Abuse

C Liao

Posted by WinBigOrLoseAll > 2022-05-26 17:56 | Report Abuse

ok lah, at least big improvement yoy. the worst is over, it is clear the next q will sure turn big green

Posted by OMGOMG123 > 2022-05-26 17:59 | Report Abuse

Bad management

Posted by PassionateInvestor > 2022-05-26 18:06 | Report Abuse

Well, this is really it. No more positive catalysts to go on further. The economy is fully open (& CNY) and yet making a loss. This will be the norm rather than an exception.

kincho

37 posts

Posted by kincho > 2022-05-26 18:15 | Report Abuse

All local and foreign investors' confidence will go rock bottom, even if your holding power is good, it will take at least another 2-3 quarters with good earnings for the investors to recover the loss of faith on this company.

choysun

4,400 posts

Posted by choysun > 2022-05-26 18:18 | Report Abuse

Let's see faith tomorrow :p

kincho

37 posts

Posted by kincho > 2022-05-26 18:20 |

Post removed.Why?

Posted by WinBigOrLoseAll > 2022-05-26 18:20 | Report Abuse

market is unpredictable plus you don't really know how to analyze the QR. this qr already showing GenM is recovering greatly, smart people only know how to identify the gem and buy when people are fear

Posted by PassionateInvestor > 2022-05-26 18:24 | Report Abuse

Yes, I do sincerely hope there will be buyers tomorrow.

OnTime

2,188 posts

Posted by OnTime > 2022-05-26 18:55 | Report Abuse

investors' expectation was very high so this stock is going to get whacked tomorrow, unfortunately

leestar

372 posts

Posted by leestar > 2022-05-26 18:58 | Report Abuse

Good results, tomorrow up

ivanlau

1,387 posts

Posted by ivanlau > 2022-05-26 21:03 | Report Abuse

Loss is loss !! no excuses, no need cover up..... this QR really disappointed..... foresee it will drop to below 2.90 this month .... today closing 2.98 !!

Posted by StartOfTheBull > 2022-05-26 21:20 | Report Abuse

The good old days is over, the heavy debts would increase the loss further with finance costs continue to climb.

alex

1,349 posts

Posted by alex > 2022-05-26 21:34 | Report Abuse

huh.. i thought can profit this quater... since people mountain people sea at Genting .... skyworld average 2000 people per day... RM151 per ticket.... very thin raincoat RM15 each... manyak orang support :)

kincho

37 posts

Posted by kincho > 2022-05-26 22:03 | Report Abuse

Loss is loss !! no excuses, no need cover up..... this QR really disappointed..... foresee it will drop to below 2.90 this month .... today closing 2.98 !!

Dont kid yourself, you will be lucky if it can hold at 2.80 tomorrow, this QR is a nuclear bomb in most Genm investors' mind. Unimaginable and unthinkable for Genm to have made a loss of RM142 million with lifting of MCO and opening of skyworld with crowds jamming the whole mountain, but it was all a deception.

kyliew

1,397 posts

Posted by kyliew > 2022-05-26 22:10 | Report Abuse

Monkey pox pandemic is coming

kimi66

29 posts

Posted by kimi66 > 2022-05-26 22:20 | Report Abuse

Q1 is when our country going through omicron waves, not many people at the mountain.

kincho

37 posts

Posted by kincho > 2022-05-26 22:36 | Report Abuse

After reading the QR, the losses were mainly due to higher depreciation and finance costs; most importantly, it was still taxed 31.2 million which means it is still making money. Unfortunately in accounting terms, a loss is still a loss and it will surely scare off investors and caused major sell off. I suspect there is an agenda orchestrated by Genting itself by bargain hunting or even attempt to buy back its shares at lower price. Do monitor the movement tomorrow and make sure you don't follow the sell off and fall into the trap set up by the ruthless and heartless mastermind.

Posted by WinBigOrLoseAll > 2022-05-27 08:51 | Report Abuse

it is good chance to collect, later will buy with good bargain

Havefun

384 posts

Posted by Havefun > 2022-05-27 09:12 | Report Abuse

Nobody look at EBITDA. Depreciation cost and finance cost are part of expenses to get the business going. A loss mean a loss…

yongyong88

547 posts

Posted by yongyong88 > 2022-05-27 09:20 | Report Abuse

BIG FUNDS SELLING. Small retailers in denial mode..As always, believe its conspiracy theory that pushes prices down not facts of continuous LOSS!! HAHAHAO

yongyong88

547 posts

Posted by yongyong88 > 2022-05-27 09:22 | Report Abuse

sell n buy lower. NEXT WEEK WILL KEEP GOING DOWN UNLESS POSITIVE NEWS OR DIVIDENDS

Posted by WinBigOrLoseAll > 2022-05-27 09:23 | Report Abuse

big fund selling drop so little? the fact is retailers panic sell and big funds collect silently. the vol is so so only 6m, which big fund got only so little shares?

Squirtle

804 posts

Posted by Squirtle > 2022-05-27 09:24 | Report Abuse

Gen ting is not stoopid
They is know sure this is make weak hand throw away

kct153

250 posts

Posted by kct153 > 2022-05-27 09:29 | Report Abuse

cakap byk, better collect now...

yongyong88

547 posts

Posted by yongyong88 > 2022-05-27 09:32 | Report Abuse

SMALL RETAILERS IN DENIAL MODE.... BIG FUNDS KNOW AND WILL SELL SLOWLY BATCH BY BATCH TO THESE BIG GROUPS OF DENIAL SMALL FISHES TO COLLECT.....

Yt Chong

69 posts

Posted by Yt Chong > 2022-05-27 09:32 | Report Abuse

collect collect

yongyong88

547 posts

Posted by yongyong88 > 2022-05-27 09:34 | Report Abuse

Waiting patiently at 2.60 in coming weeks....

matklse

385 posts

Posted by matklse > 2022-05-27 09:35 | Report Abuse

Recovery play is bogus, people nowadays don't even have enough money to buy food let alone gambling. Genting = GG

speakup

27,011 posts

Posted by speakup > 2022-05-27 09:40 | Report Abuse

wow big Q loss but share price drop so little? crazy!

OnTime

2,188 posts

Posted by OnTime > 2022-05-27 09:58 | Report Abuse

likely to grind lower over time

Posted by WinBigOrLoseAll > 2022-05-27 10:09 | Report Abuse

kenanga buy call TP RM3.71, do you believe investment house or those ah cat ah dog in i3

kct153

250 posts

Posted by kct153 > 2022-05-27 10:16 | Report Abuse

guna few sen jual turun, dapat beli lagi byk cheap2 pula. akhir siapa utg?? pikir la

Donator

1,123 posts

Posted by Donator > 2022-05-27 10:31 | Report Abuse

If depreciation not counted is profit also....dont worry...just buy whatever price below 3.00

Posted by WinBigOrLoseAll > 2022-05-27 10:41 | Report Abuse

many naysayers don't even have a single ticket on hand, just talk cock
big fund houses won't bother come to i3, they will just silently buy if they see the good valuation on the stock

Havefun

384 posts

Posted by Havefun > 2022-05-27 10:43 | Report Abuse

Where got don’t count depreciation one? You know what depreciation means or not

Havefun

384 posts

Posted by Havefun > 2022-05-27 10:44 | Report Abuse

People here just have fun

Yt Chong

69 posts

Posted by Yt Chong > 2022-05-27 10:48 | Report Abuse

collect la, genm no need takut, hamtap only

M2

1,240 posts

Posted by M2 > 2022-05-27 11:02 | Report Abuse

Just drop 6cent after so many huhuhaha since yesterday.

M2

1,240 posts

Posted by M2 > 2022-05-27 11:03 | Report Abuse

Come on hater u can do better then this. I looking for 10% drop in price.

Hemsley

341 posts

Posted by Hemsley > 2022-05-27 11:07 | Report Abuse

I thought it will be big drop. Seems like many still see it positively 12 months down the road.

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