Posted by Hemsley > 2022-06-08 10:33 | Report Abuse

Come on, break 3.10 today.

Posted by Jonathan Keung > 2022-06-08 11:35 | Report Abuse

Always tell people buy Genting. You can owned part of the casino.

Posted by BuySoLow SellEvenLower > 2022-06-08 11:58 | Report Abuse

If anyone lose $$ in Genting casino, don't feel bad. Quickly come and buy GenM share and you will win it back.

Posted by BuySoLow SellEvenLower > 2022-06-08 12:16 | Report Abuse

lkt already given very good offerings to all the ' kwai chai ' aka ' hantus ' inside the casino to make all the gamblers loose big time so avoid the casinos temporary. So come and buy GenM shares, at least those ' kwai chai ' cannot touch bursa or the GenM share price.

Posted by Michael_chan2022 > 2022-06-08 12:24 | Report Abuse

GenM go..go..go
Break the resistance @3.09/3.10 today
Cheers!

Posted by Michael_chan2022 > 2022-06-08 12:26 | Report Abuse

Price action has been suppressed for too long..
Time to show your power

Posted by Karma4444 > 2022-06-08 13:04 | Report Abuse

Limit up 1 kali

Posted by kct153 > 2022-06-08 15:17 | Report Abuse

semua tunggu sell, how can limit up... haha...

Posted by RWG > 2022-06-08 16:01 | Report Abuse

from grenn back to break even

Posted by desire > 2022-06-08 18:47 | Report Abuse

Up few cents all seller come out. Won’t high. See also sien

Posted by desire > 2022-06-08 18:48 | Report Abuse

Best drop back to rm2.90 so can repeat

Posted by bowman > 2022-06-09 09:12 | Report Abuse

Technically it will break new high today. Looks like 3.13 will be the first breach, followed by 3.15.

Posted by alextan5680 > 2022-06-09 10:09 | Report Abuse

KUALA LUMPUR (June 9): RHB Investment Bank Bhd research has maintained its “Overweight” rating on the gaming sector and said while casino operators’ earnings generally underperformed estimates due to a slower-than-expected rebound, their recovery continues to progress forward, as countries transition towards living with Covid-19.

In a note on Thursday (June 9), the research house said the recovery in number forecast operators’ (NFOs) ticket sales seems to be slower than anticipated, but the worst should be over – given the end of movement restrictions and the resumption of economic activity.

RHB said Genting Malaysia Bhd’s (GenM) numbers fell short of expectations mainly due to lower-than-expected 1Q22 revenue, amid a high number of Covid-19 cases and the hold percentage from Malaysia.

It said Genting Bhd also disappointed, as GenM and its power segment’s underperformance outweighed the outperformance of Genting Plantations (MP, Sell, TP: RM7.35) and its oil & gas segments.

RHB said Magnum Bhd missed expectations, as its revenue fell short, at 20% of our full year forecast.

“The disappointing earnings were mainly due to: i) Softer- than-expected ticket sales, and ii) higher-than-expected prize payouts,” it said.

Meanwhile, it said Sports Toto Bhd outperformed, mainly due to the stronger-than-expected contribution from its UK motor dealership segment.

“This, in turn, was due to stronger-than-expected used car profit margins, fuelled by strong demand and tight supply,” it said.

“Post results, we trimmed GenM’s FY22-24F earnings by 10-3%, Genting’s by 13-2%, and Magnum’s by 30-15%.

“We lifted Sports Toto’s FY22 earnings by 3% on stronger motor sales and margins.

“Despite a disappointing 1Q22, we maintain our Overweight rating on the sector, as the casinos’ recovery is still on track and they should see better future earnings, given the reopening of borders and resumption of tourism activities in key markets in 2Q22,” it said.

RHB said the NFOs’ ticket sales recovery may be slower than expected, as some punters are likely financially worse off and may continue relying on illegal operators. Nevertheless, the NFOs’ earnings and dividends should continue to recover in the subsequent quarters along with the economic recovery.

Posted by Karma4444 > 2022-06-09 12:22 | Report Abuse

The house is always win

Posted by kct153 > 2022-06-09 15:08 | Report Abuse

pergi holland

Posted by desire > 2022-06-09 18:18 | Report Abuse

Come at papa rm2.90

Posted by RWG > 2022-06-09 19:31 | Report Abuse

https://www.theedgemarkets.com/article/malaysian-tourism-sees-rebound-arrivals-expected-hit-5-million-yearend

Posted by desire > 2022-06-10 09:17 | Report Abuse

Theme park ticket so expensive, u can see no one enter. All go free shopping .Empty. Open border also no difference. Theme park family enter already few hundred . Who can afford.

Posted by stockraider > 2022-06-10 09:27 | Report Abuse

Do not be stingy lah!

Theme park ticket where got expensive leh ??

U look at SPORE & USA theme park prices so much more expensive mah!

Posted by SharehlderOppression > 2022-06-10 09:28 | Report Abuse

Market makers absorbing the selling pressure.

Posted by desire > 2022-06-10 09:30 | Report Abuse

Aiyo, go eat and restaurant above, go and count how many visitor to theme park. Use finger can count

Posted by bf70 > 2022-06-10 11:49 | Report Abuse

We will be Counting stars soon
https://youtu.be/L0kVOvQwcPs

Posted by BuySoLow SellEvenLower > 2022-06-10 12:22 | Report Abuse

Haiyo, look like uncle LKT casino's ' kwai chais ' aka hantus has infected Genting and GenM share price, otherwise how come drop like hell ? Those ' kwai chai ' want people to loose big time in Genting/GenM shares so that they will go back to casino to gamble to try to win it back.

Posted by Michael_chan2022 > 2022-06-10 12:25 | Report Abuse

Strong support at 293/ 294..
It could be the last chance to buy below 3

Posted by Michael_chan2022 > 2022-06-10 12:27 | Report Abuse

GenM..go..go

Posted by BuySoLow SellEvenLower > 2022-06-10 12:34 | Report Abuse

Must exorcised those lkt ' kwai chais ' from bursa, then Genting/GenM shares will go back up. Anyone willing to contribute holy water, talisman, chantings etc inside bursa are welcome.

Posted by Karma4444 > 2022-06-10 13:46 | Report Abuse

Gone klci finish

Posted by sharemarket21 > 2022-06-10 16:52 | Report Abuse

Anything below 3 is a good bargain. Need to understand why stocks decline. If it's due to overall market sentiment and indexes relation, it's always an opportunity. However if it react independently, we ought to be cautious and wait slightly longer. Accumulation now and harvesting upon full recovery.

Posted by GrowthCapitalist > 2022-06-10 17:20 | Report Abuse

https://www.theedgemarkets.com/article/genting-bhd-chairman-sells-shares-price-rises-prepandemic-levels

Posted by desire > 2022-06-10 22:58 | Report Abuse

Dow Jones drop 600 points again. Those enter today. Monday going to be ugly

Posted by Serious > 2022-06-11 09:20 | Report Abuse

US will end Covid-19 testing requirement for all air travelers entering the country

https://www.cnn.com/2022/06/10/politics/us-to-end-pre-departure-testing-requirement/index.html

Posted by RWG > 2022-06-11 19:54 | Report Abuse

casino always win

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2022-06-11 20:04 | Report Abuse

Yes, casino always wins in the LONG RUN.

Gambling in the casino is a negative sum game for the player. He maybe lucky a few times, but over the long run, based on probability, he will be the loser always.

Posted by RWG > 2022-06-11 22:16 | Report Abuse

we all follow lkt kill all the gamblers all the way

Posted by RWG > 2022-06-12 19:14 | Report Abuse

genting hotel fully booked in june

Posted by kct153 > 2022-06-13 09:18 | Report Abuse

beli saham sj. siapa care hotel booking

Posted by yong1985cm > 2022-06-13 11:06 | Report Abuse

how u know the genting hotel fully booked?

Posted by Olivergamble0281 > 2022-06-13 11:06 | Report Abuse

Aiyo, That day win money stay 2 more da... Walao eh.... So crowded. Theme park business turning good.... If drop i think can hoot abit....

Posted by Karma4444 > 2022-06-13 12:39 | Report Abuse

If u have genting member u can book room via online, u see room available via genm web sites

Posted by Mini2021 > 2022-06-13 14:09 | Report Abuse

No epf short Genm no drop..... EPF short entire bursa now...

Posted by Jonathan Keung > 2022-06-13 15:19 | Report Abuse

Sea of red. Fed meeting only start tomorrow. Lucky Genting holding well & supported by buyers

Posted by RWG > 2022-06-13 17:59 | Report Abuse

klci 8 days already banker, kill all the players

Posted by ctos88 > 2022-06-13 19:30 | Report Abuse

Genting totally packed. Can't even book a room. Earnings are going to explode.

Posted by RWG > 2022-06-13 19:57 | Report Abuse

genm room fully booked until this month

Posted by TomYam > 2022-06-13 20:58 | Report Abuse

May 28
First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind
First quarter 2022 results:
RM0.022 loss per share (up from RM0.086 loss in 1Q 2021).
Revenue: RM1.72b (up 176% from 1Q 2021).
Net loss: RM126.5m (loss narrowed 74% from 1Q 2021).
Revenue missed analyst estimates by 9.8%. Earnings per share (EPS) exceeded analyst estimates by 12%.

Over the next year, revenue is forecast to grow 80%, compared to a 83% growth forecast for the industry in Malaysia.

Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.

Posted by Jonathan Keung > 2022-06-14 06:56 | Report Abuse

Don't worry. genting price will rebound

Posted by Michael_chan2022 > 2022-06-14 08:11 | Report Abuse

Buy on dig

Posted by yong1985cm > 2022-06-14 08:58 | Report Abuse

dun get trusted easily on the hotel room fully book. u judge hotel fully book by:

- u felt the crowd when you were at genting. so u think the room is 'fully' book. do u know the % of day tripper is increasing now?
- u go and book the genting room and hence know the availability of the room is getting lesser and even not available until probably next month. but do u know that how many rooms % did genting release currently? Has genting has fully release it hotel room ady currently?

Posted by bowman > 2022-06-14 09:22 | Report Abuse

Look, even in hardest of times there will be 2 types of crowd to Genting. One to gamble and the other to visit theme parks. Maybe a small portion drive up there to urinate, who knows. But the thing to remember is no matter how bad the economy is, people who can afford, will go on vacations. On vacations, they will eat. If they spend long time there, they will find a place to sleep. Now, ask yourselves how many people who had spent money to drive hours to a vacation spot, bring their own boiled eggs to eat instead of buying from the food outlets. How many people sleep in their cars overnight for two or more days. The question to ask is - do bad times stop people from enjoying themselves with small luxuries? Also those who spend money on themselves on vacations definitely wont spend time reading what stock traders and punters say or do. So what's the fuss. In investing, there will be ups and downs. As long as you know what you are doing, why worry what others say. Unless you dont have money to invest or not educated to invest wisely. Then it doesnt matter if you buy or sell because end of the day, even buying anything at cost and selling at cost, you will still lose money

Posted by kct153 > 2022-06-14 10:05 | Report Abuse

masih ada jerung hari ni