PETALING JAYA: The resignation of Lim Kok Thay as Genting Bhd CEO coupled with the announcement of disappointing quarterly results for Genting and Genting Malaysia Bhd prompted a selloff in the two counters today.

Genting closed at its intraday low of RM3.29, an 11.8% or 44 sen drop, while Genting Malaysia tumbled 19.5% or 46 sen to RM1.90.

https://www.freemalaysiatoday.com/category/...genting-stocks/

Can buy at lower price now

Agenda KLCI to 1400 1300 lagi pinting

Genting is slowly dying.

now Genting bad luck.

tomorrow go genting all in

i already sold mine pre-covid

GenM mana ada dalam KLCI lagi bossku.

should change to online sport betting on the phone

Kt remain as the executive chairman, takes home without ceo package, also a step for his son to take position later.

This post has been edited by icemanfx: Mar 1 2025, 09:43 AM

Strategic dynasty positioning

all because of genting las vegas. Not profitable

So is it because KT incompetent cause GenM lose out so much so step down?

Or is it because of positioning issue?

Will Genting Malaysia improve after new CEO step up?

Or continue to serve tasteless tea and some cheap ass sugar water?

Monday continue bleeding.... for both GenM n Genting

Revenue and profits outside the country has exceeded the Highland, it makes sense for kt to spend more time outside the country.

If its casino serve quality hot chocolate, confirm will be full of people

So can pass 2nd gen or not?

3rd gen la dei

RPT counter

We shall see how would their business be like when Thailand starts its mega-casino projects.

But in my opinion, how they can be better?

- Cheaper games and more tables (though licensing wise maybe a new challenge).

- Revamp first world older towers as room giveaways for gamblers (but increase restriction and enforcement to prevent sales).

- Give la better drinks, its not gonna cost as much as those gamblers losing their money out right?

> They drink or even tapau say teh tarik, how much can they consume in 1 day? RM30 worth? They just need to spend roughly 30 minutes in 2 cents slots to lose that amount back dy.

- No need to give out travel reimbursements so susah ma, some you give RM500 for what? Just give free genting bus, or use QR to scan other private operators to make 1 return trip per day, increase frequency whenever possible. If own operator cannot cope with the frequency then open up to some others squeeze their margins abit lor

> Paired with free room, its essentially a heaven's deal for the gamblers dy, if you sort out their meals too? Then its just waiting for them to gamble

- Parking. Turn around RM1k = Free 1 day parking. Not a good deal?

> Racing up and down genting - Stricter enforcement on the genting roads, open up a racing circuit.

> Instead of making things so difficult for other road users, open up la the gohtong side / older cable car there, fix the road, operate a circuit there; charge RM200 each return run, let those modified / muscle / power cars vroom their heart out there with disclaimers. Pretty sure they are more than willing to do that.

Now going to 3rd Right?

You’re talking about a business which operations are restricted from expansion.

Due to religious sentiments

Which are growing more insane by the day

Do the math.

Later Gen squander all inheritance away?

A few mys banks lost hundred of millions rm in genting hk, are refusing to deal with tk. in order for g.m to finance, tk needs to step aside for a few years.

This post has been edited by icemanfx: Mar 1 2025, 11:00 AM

yup, been there few times .... kinda meh to me.

only a stupid dumb Chinese will make business in USA. It is a trap.

looks like his father is rolling in the grave now.. susah payah bina empayar, anak jilake musnahkan semua

They could place their wealth in trust, later gen couldn't touch.

Dun care... Agenda KLCI lagi pinting...

This goes 👇, everything goes 👇...

uncle lim milked enough from investors...

highest paid CEO in stock market... screw him. did nothing at all. just milk investors till dry.

At that time, gm was making many millions rm every day. his pitfalls was genting hk liquidation.

so basically , Genting USA & Genting HK kill Genting overall

knn, those Cruise ships all dead too ?

Casino?

All in

Bodoh
More and more gambler didnt come to their resort up the hill and you still want to talk about expanding locally? Bangang

Genting Group is being dragged down by losses in overseas venture especially in Las Vegas and Bahamas ..they expand too much and getting killed during covid .. and i didnt even start talking about their bankrupt cruise liner .. so all this failed overseas investment is because religion sentiment ? Sohai

like jan 18th, not gonna touch it; avoid the pitfalls of hubris

price worse than covid lol

when business fails, claims due to religion. easy peasy.

Increase the table charges and put more tables.
Got cash also need to fight for seats

Because USA and UK casino?

More and more countries is openning up and allowed develoment of integrated resort with casino. (UAE, Thailand)

don't know owe how many debt, kesi resign...lol

I gatal tangan bought at 4.40 end 2020, in drawer dy no eye see

This post has been edited by jojolicia: May 30 2025, 08:41 AM

Bankruptcy incoming.

If PN wins, the entire hill will become a something else.