GENTING MALAYSIA BERHAD

KLSE (MYR): GENM (4715)

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Last Price

2.43

Today's Change

-0.05 (2.02%)

Day's Change

2.42 - 2.49

Trading Volume

13,712,200

Overview

Market Cap

14,429 Million

NOSH

5,938 Million

Avg Volume (4 weeks)

5,813,631

4 Weeks Range

2.42 - 2.59

4 Weeks Price Volatility (%)

5.88%

52 Weeks Range

2.40 - 2.94

52 Weeks Price Volatility (%)

5.56%

Previous Close

2.43

Open

2.48

Bid

2.43 x 5,811,900

Ask

2.44 x 51,500

Day's Range

2.42 - 2.49

Trading Volume

13,712,200

Financial Highlight

Latest Quarter | Ann. Date

30-Jun-2023 [#2] | 24-Aug-2023

Next QR | Est. Ann. Date

30-Sep-2023 | 24-Nov-2023

T4Q P/E | EY

-39.77 | -2.51%

T4Q DY | Payout %

5.89% | 0.00%

T4Q NAPS | P/NAPS

2.18 | 1.12

T4Q NP Margin | ROE

-5.20% | -2.81%

Market Buzz
Company Profile

Sector: CONSUMER PRODUCTS & SERVICES

Sector: CONSUMER PRODUCTS & SERVICES

Subsector: TRAVEL, LEISURE & HOSPITALITY

Subsector: TRAVEL, LEISURE & HOSPITALITY

Description:

Genting Malaysia is a resorts and casino company and is a subsidiary of the holdings company Genting. The company has two primary business segments: Leisure & Hospitality and Properties. The Leisure & Hospitality segment operates numerous resorts, many of which include casinos, theme parks, concerts, restaurants, and retail shopping locations. The flagship resort operates five hotels, an amusement park, and entertainment venues. The Properties segment controls and leases real estate. The company generates the vast majority of its revenue in Malaysia.

Discussions
30 people like this. Showing 50 of 41,844 comments

Michael_chan2022

8月份新中航班增至2600趟次 恢复到疫前76%
https://www.zaobao.com.sg/realtime/singapore/story20230917-1434273

2 weeks ago

hng33

cut at 2.52

2 weeks ago

Shines

@hng33 too fast you cut

2 weeks ago

Riaz1954

There are some rumours floating around in U.K. re Taurx progress on regulatory approval! What I hear is that some positive news is around the corner! Let’s see.

2 weeks ago

speakup

Taurx is Genting lah, not GenM

2 weeks ago

Cryptolover

https://theedgemalaysia.com/node/683199

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

2 weeks ago

Income

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.

2 weeks ago

Income

It’s kambinggggg

2 weeks ago

speakup

This is super undervalued but cannot fly

2 weeks ago

Shines

All say only, no action

2 weeks ago

Michael_chan2022

Certainly! It will shine soon.

2 weeks ago

luckyman

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

2 weeks ago

speakup

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

1 week ago

Shines

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

1 week ago

Lilian723

Kindly refrain frm posting unrelated matters. Thks

1 week ago

Michael_chan2022

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.

1 week ago

speakup

Good for Saddiq

1 week ago

8u29song

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

1 week ago

Michael_chan2022

Already sold...? but no news lei

1 week ago

Shines

@8u29 sold already meh?

1 week ago

DividendGuy67

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.

1 week ago

DividendGuy67

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.

1 week ago

DividendGuy67

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.

1 week ago

Michael_chan2022

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

1 week ago

Michael_chan2022

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, 👍👍👍

1 week ago

Michael_chan2022

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

1 week ago

Michael_chan2022

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。

1 week ago

123eztrade

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

1 week ago

Shines

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?

1 week ago

kyliew

X disease is coming, better run now

1 week ago

Michael_chan2022

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

3 days ago

Michael_chan2022


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

3 days ago

Michael_chan2022

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

3 days ago

Michael_chan2022

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

3 days ago

Michael_chan2022

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

3 days ago

Zuliana

Good kah?

3 days ago

loyalok

how is Genting Highland crowd ?

3 days ago

Shines

See tge crowd also knows that futures would be steady

2 days ago

AnndyYSYong

Price no up

2 days ago

vicha7

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

1 day ago

cheeseburger

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

20 hours ago

Michael_chan2022

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

16 hours ago

Michael_chan2022

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

14 hours ago

JJPTR

support 2.44
next support 2.33
next support 1.96

14 hours ago

Michael_chan2022

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

11 hours ago

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