Posted by speakup > 2023-09-20 09:17 | Report Abuse

Taurx is Genting lah, not GenM

Posted by Cryptolover > 2023-09-20 10:14 | Report Abuse

https://theedgemalaysia.com/node/683199

TA Securities bets on no gaming tax hike in Budget 2024, top pick Genting

Posted by Income > 2023-09-20 12:15 | Report Abuse

KUALA LUMPUR (Sept 20): CGS-CIMB Research estimated that Genting Malaysia Bhd's (GenM) fair value could rise 8%-14% to RM4.32-RM4.55, if its wholly-owned subsidiary Resorts World New York City's (RWNYC) bid for a US casino licence is successful.
The New York State Gaming Commission has resumed the bidding process for three downstate commercial casino licences, which is seen as an important catalyst for GenM's reassessment, given that RWNYC is among the front runners.
“We believe that should RWNYC win a licence in 2024, the minimum required capital of US$1 billion (RM4.69 billion) could be funded by the potential sales proceeds of its Miami land, for which it has received an offer in excess of US$1.23 billion.

“As such, we estimate this could lift our fair value by 8%-14% to RM4.32-RM4.55,” said the research house in a note on Wednesday.

Posted by Income > 2023-09-20 12:17 | Report Abuse

It’s kambinggggg

Posted by speakup > 2023-09-20 12:37 | Report Abuse

This is super undervalued but cannot fly

Posted by Shines > 2023-09-20 13:13 | Report Abuse

All say only, no action

Posted by Michael_chan2022 > 2023-09-20 14:15 | Report Abuse

Certainly! It will shine soon.

Posted by luckyman > 2023-09-20 20:36 | Report Abuse

US casino licence bid could lift Genting Malaysia’s fair value by 8%-14% to RM4.32-RM4.55, says CGS-CIMB
https://theedgemalaysia.com/node/683222

Posted by speakup > 2023-09-21 07:51 | Report Abuse

this old gem never regain it's shine after pandemic. most company already dah recover, this one still impotent

Posted by Shines > 2023-09-21 09:24 | Report Abuse

Got some good news it will move up abit only, once tge news of the casino licence in hand then all rushing in

Posted by Lilian723 > 2023-09-21 23:58 | Report Abuse

Kindly refrain frm posting unrelated matters. Thks

Posted by Michael_chan2022 > 2023-09-22 12:20 | Report Abuse

https://www.sinchew.com.my/?p=5001994

即接任国家元首 柔苏丹：准备好履行国家义务

Next Agong of Malaysia.
Good for Anwar.
Good for PH.

Posted by speakup > 2023-09-22 13:09 | Report Abuse

Good for Saddiq

Posted by 8u29song > 2023-09-22 13:21 | Report Abuse

already sold land in US to standby.....good chances

Posted by Michael_chan2022 > 2023-09-22 14:34 | Report Abuse

Already sold...? but no news lei

Posted by Shines > 2023-09-22 18:29 | Report Abuse

@8u29 sold already meh?

Posted by DividendGuy67 > 2023-09-22 19:08 | Report Abuse

Patience. GENM dividend yield is nice. I am still expecting next dividend to be 9 sen ex div Mar paid Apr 2024. If true, then, total DPS 15 sen is decent. On current price 2.56, that's 5.9% dividend yield, which have good odds to beat EPF.

Which means I don't need the price to run up so soon. It can stay flat for years and I am okay with that as the DPS alone is already likely to beat EPF. Any price gain is a bonus. I can live with 5.9% DY for ever.

Posted by DividendGuy67 > 2023-09-22 19:13 | Report Abuse

According to Ringgit Plus, today 12 months Term Deposit rates for the major banks like Maybank, Public Bank, CIMB bank, etc. is around 2.8% excluding special promotions. So, why put 100% monies in FD when some could be spread around like GENM to earn more than double in Dividend yield? It's backed by a decent underlying business.

Diversify and put a little bit of your FD into GENM. GENM is now 2.7% of my portfolio - I added more at 2.51 earlier this week. It feels about right.

Posted by DividendGuy67 > 2023-09-22 19:20 | Report Abuse

Personally, I wouldn't chase this stock. I am not expecting price to run up fast. If one is patient and willing to wait 3 months, it is possible with very good odds to own at 2.51. This stock is unlikely to run up very fast, hence, just wait, key in a GTC buy order at 2.51 and don't watch the market.

For past 4 years, there is a soft sideways trading range between say 2 to 3.5. So, if price goes lower below 2.5 like 2.25, that's another accumulation zone for me. If it goes down to around 2, that's another acccumulation zone for me. If it goes down to around 1.75, it should still be another accumulation zone for me. Maybe by this stage, I get to 5% portfolio and then, I will forget about this stock.

otherwise, look forward to get paid in dividends long term.

Price gain is a bonus, but not necessary.

Posted by Michael_chan2022 > 2023-09-22 19:27 | Report Abuse

https://theedgemalaysia.com/node/683523

HLIB sees potential inclusion of YTL Corp, YTL Power into KLCI in November review

Price must rise and will move up soon

Posted by Michael_chan2022 > 2023-09-23 09:44 | Report Abuse

Genting Malaysia financial performance:
- In 2022, Resorts World Genting welcomed 22 million tourists.
- The company has 5.67b outstanding shares.

More details breakdown below:
Revenue,
2022 full year, rm8.60b
4q2022, rm2.40b
1q2023, rm2.28b
2q2023, rm2.47b

Profit/ loss,
2022 full year, rm667.4m loss
4q2022, rm393.96m loss
1q2023, rm27.38m loss
2q2023, rm47.12m profit
3q2023, 👍👍👍

Posted by Michael_chan2022 > 2023-09-23 09:48 | Report Abuse

GenM q32023 的業绩:
- 開大有 280 mln
- 開小有 250 mln

Posted by Michael_chan2022 > 2023-09-23 12:20 | Report Abuse

Even if GenM makes an average of 280m in each of the next 4 quarters, the total profit will only be 1.12b... 唉! 生意做大大，profit 卻少少。

Posted by 123eztrade > 2023-09-26 08:13 | Report Abuse

this generation of LIM is way worst than LGT....Karma??

Posted by Shines > 2023-09-26 13:16 | Report Abuse

I would say it is the call warrants issuers to be blame. 6 Call Warrants 2 expiry soonest 29 Sep, 2 in Nov and 2 in Dec 2023. Do you think the issuers will let the mother share price up for the holders to convert?

Posted by kyliew > 2023-09-27 12:15 | Report Abuse

X disease is coming, better run now

Posted by speakup > 2023-09-30 16:24 | Report Abuse

https://www.channelnewsasia.com/asia/malaysia-gambling-probe-slot-machine-operators-alleged-money-laundering-politics-3808181
Crackdown on illegal gambling! Monday Genting limit up

Posted by Michael_chan2022 > 2023-10-01 11:59 | Report Abuse

https://www.bloomberg.com/news/articles/2023-09-24/millions-to-take-to-skies-as-china-gears-up-for-long-golden-week#xj4y7vzkg

Millions to Take to Skies as China Gears Up for Long Golden Week

Popular overseas destinations include Thailand, UK, Singapore

Posted by Michael_chan2022 > 2023-10-01 12:03 | Report Abuse

https://www.businesstimes.com.sg/international/global/chinas-travel-recovery-picks-pace-golden-week-holiday

China’s travel recovery picks up pace with Golden Week holiday

Outbound bookings for international travel between Sep 23 and Oct 8 were at 61 per cent of pre-pandemic levels

Posted by Michael_chan2022 > 2023-10-01 12:05 | Report Abuse

https://edition.cnn.com/travel/article/china-thailand-october-golden-week-tourism-intl-hnk/index.html

Millions of Chinese tourists are going on holiday again. Many of them are headed for Thailand

Posted by Michael_chan2022 > 2023-10-01 12:06 | Report Abuse

https://www.theedgesingapore.com/news/tourism/singapore-among-top-destinations-china-gears-golden-week-holiday

Singapore among top destinations as China gears up for Golden Week holiday

Posted by Michael_chan2022 > 2023-10-01 12:08 | Report Abuse

https://www.thestar.com.my/news/nation/2023/10/01/where-are-the-chinese-visitors

Crowd is nowhere to be seen despite it being the ‘Golden Week’ in China

GEORGE TOWN: Chinese tourists are conspicuously missing here in Penang this time even though it is the “Golden Week” back in China now.Angel Tours Sdn Bhd Director Peter Leong said the number of tourists from China visiting Malaysia has dropped lately

Posted by Zuliana > 2023-10-01 12:41 | Report Abuse

Good kah?

Posted by loyalok > 2023-10-01 19:47 | Report Abuse

how is Genting Highland crowd ?

Posted by Shines > 2023-10-02 07:15 | Report Abuse

See tge crowd also knows that futures would be steady

Posted by AnndyYSYong > 2023-10-02 15:36 | Report Abuse

Price no up

Posted by vicha7 > 2023-10-03 14:45 | Report Abuse

i was there last week....crowd is aloot less compared 10 yrs ago

Posted by cheeseburger > 2023-10-04 10:36 | Report Abuse

price will continue to slide down just before the table of Budget 2024, know what is coming.

Posted by Michael_chan2022 > 2023-10-04 14:41 | Report Abuse

It's truly cheap now... will it get cheaper? 🤔

Posted by Michael_chan2022 > 2023-10-04 14:58 | Report Abuse

https://www.klsescreener.com/v2/news/view/1211921/%E4%B8%B0%E9%9A%86%E6%8A%95%E8%A1%8C%E5%BB%BA%E8%AE%AE%E5%AF%B9%E4%BA%91%E9%A1%B6%E5%A4%A7%E9%A9%AC%E9%87%87%E5%8F%96%E5%8C%BA%E9%97%B4%E4%BA%A4%E6%98%93%E7%AD%96%E7%95%A5

丰隆投行建议对云顶大马采取区间交易策略

Posted by Michael_chan2022 > 2023-10-04 16:06 | Report Abuse

With the lousy quarterly earning results... anything is possible

Posted by JJPTR > 2023-10-04 16:10 | Report Abuse

support 2.44
next support 2.33
next support 1.96

Posted by Michael_chan2022 > 2023-10-04 19:16 | Report Abuse

银行贷款申请创新高 大部分借钱来买股票
https://www.chinapress.com.my/?p=3632173

银行贷款申请创新高 大部分借钱来买股票

Posted by cheeseburger > 2023-10-05 15:22 | Report Abuse

ahah

Posted by hhhiii123 > 2023-10-05 21:10 | Report Abuse

after Saturday By election, GENm should fly then...

Posted by cheeseburger > 2023-10-05 21:18 | Report Abuse

no, coming is Budget 2024. Will there new add on sin tax ? wait n see

Posted by hhhiii123 > 2023-10-05 21:21 | Report Abuse

No sin tax, but corporate tax reduction for all sector, wakakaka

Posted by 8u29song > 2023-10-06 10:10 | Report Abuse

sin....livestocks and fishery industry are more real sin..........

Posted by neohts > 2023-10-06 12:12 | Report Abuse

The worst is over for GenM soon.
Buy now

Posted by hhhiii123 > 2023-10-07 20:35 | Report Abuse

Pelangi BN majority won, let's rock on Monday