Great point on the cash flow.
Many fails to realise this issue.
All they see is 'how much cash' in their balance sheet and they would then proclaim the company as cash rich without considering the fact that the company debts had increased a lot too.
It's like a guy having lots of cash FD but on the same hand, he has lots and lots of borrowing too.
How cash rich is the fella?

The other MASSIVE sticky point... recent HIGH.
People cement their believes on these recent HIGHS.
Genm used to be around 5.8 or so.
Now at around 2.90, it's half.
So it's cast in stone that this represents the discount in their 'investing'...
Big name blue dropped 50% wo.
Genting wo.
How to chap lap?
Hence they discount the real issue om why the stock dropped like crazy in the first place...

With the increased taxes, perhaps the FV should be around 3.20 to about 3.60. G
Give or take here and there.
Now with this theme park issue... the sticky issue is whether the expected future visitor will be hit... if so, what are you looking?
still 3.20 to 3.60?
isn't that a bit too optimistic?

How about 3.00?
Fair?


and next, the other sticky point is the theme park again...
now what are they going to do with it?
Any potential substitute theme?
Any risks of write downs?
There were some mentions of some food operators operating in Genting solely because they were sold on the idea a FOX theme park will be there.
Now it tak jadi.
What will they do?
Any potential lawsuits?




People talk about winning streaks and losing streaks (or bad lucks)...
So far, in my opinion Genting group is not ONG at all....


anyway, I think people tends to over react in investing....
yes sometimes, they can win but when luck is not there...
they can be caught in a big big hole .....
remember the oil crash?


There might be a positive...
assuming IF the dividends hold...
the current price SUGGEST a fairly decent dy...


just sharing some 3 sens

Hi guys, where can I start investing in this GENM? Very interested to invest in it but I heard we need a broker and a remiser before u can start trading.

Im more of a DIY kind, and I'm pretty sure I can create a CDS account myself but am I able to trade without a broker and a remiser?

Yes you don’t need remiser as you can trade online but still need a broker account

Genting theme park on track for completion in early 2019 despite multibillion-ringgit lawsuit – report
http://www.theedgemarkets.com/article/gent...E2%80%93-report

anyone still holding or dispose off for profit?

im in dilemma.

Disposed for profit.

Watching on the sidelines for this one but hasn't dip yet. Wait for awhile more or dollar cost average?

MORE LAWSUITS

KUALA LUMPUR (Dec 26): Shares in Genting Bhd and its subsidiary Genting Malaysia Bhd (GenM) fell in the morning session today after the US$4 billion (RM16.7 billion) Resorts World Las Vegas casino and resort project in Las Vegas was sued by Wynn Resorts Holdings for copying its building design.

At 12.30pm, Genting fell 2.9% or 18 sen to RM6.05 while GenM fell 3.3% or 10 sen to RM2.93.

According to the Las Vegas Sun, Wynn has filed a federal trademark infringement lawsuit alleging that Resorts World Las Vegas wants to mislead the public to believe its new 3,000-room project is affiliated with Wynn.

The lawsuit filed on Dec 21 includes photos of bronze glass and horizontal design elements on the curved facade of the Resorts World property, which Wynn said looks similar to copyrighted design of Wynn properties in Las Vegas and the Chinese gambling enclave of Macau.

The sketches posted on Resorts World Las Vegas website on Aug 24 showed its tower stretching towards the Strip featuring a Chinese lantern hanging from the top. The exterior will also consist of smaller buildings designed in traditional Chinese architecture, an amphitheatre and a pool.

Resorts World Las Vegas is currently under construction on the Las Vegas Strip in Nevada and is planned to be completed in late 2020.

The Genting group has already been embroiled in a legal tussle of late, with GenM filling a lawsuit against Walt Disney Co (Disney) and Twenty-First Century Fox (Fox) for US$1 billion on Nov 27, for terminating an agreement to build a Fox World theme park in Genting Highlands.

Disney is in the midst of acquiring Fox for US$71.3 billion.

As concerns rise regarding its completion in early 2019, the group said in a Bursa Malaysia filing last Thursday (Dec 20), "The opening date of the outdoor theme park is dependent on the options to be pursued by Genting Malaysia."

Genting must be going into bad times..
one after another... bad news...
be prepared for another bad news.. could be Sentosa Singapore too later on...

why TA Securities recommend a buy in bursa?

Somebody please go AGM and ask LKT reduce his salary lah. Total lose in company share price but boss continue take high salary??

Because oversold 😈

You sound like someone from i3

Hope this can hold at 3
Seem like the amusement tax doesn’t seem to affect that much to the price
http://www.theedgemarkets.com/article/four...under-sst-march

went NYE countdown in genting.

Indoor open for business, extremely crowded (maybe due to countdown)
I thought for kids, who knows two of the rides are scary af...(yes i tried one of those)

Premium ticket price all around, including rides, arcade area, even those doll winning game i.e. throw ring into bottle RM 6 for 10 rings, some RM6 for 2 tries..long queue...

hopefully boost in coming CNY....and sue that mickey mouse 99

already -22% in this..haha

Up to 3.25 now, hope it can rally up more before people TP during CNY.

HUHU great job

This post has been edited by Epicvestor123: Aug 1 2020, 08:05 AM

sorry la.. tomorrow might just GG

http://www.theedgemarkets.com/article/fox-...a?type=malaysia

Might cause some dip, waiting to collect below 2.9
fox sue genm for $42m usd genm sue fox for $1b usd. Lel