Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
Current share price is already lower than during financial crisis period of 2008. With so much hatred for the stock, it will be price accordingly over time. Will it head towards the share price during financial crisis period of 1998, if aggressive US investments go awry :-|
yesterday u missing mana? where s your profit n rm3? still dare to bark here. keep some face and admit your wrong. it s ok not to be correct all d time and don't bark around telling me skl. set a better role model to your next generation..l
u should ask why no profit? why no 3.3? not why no 2.60. If you wanna know why, pay some consultancy fees. don't skl skl here like a mad person. wanna skl, go up genting and bet all on the casino table and shout all the picture picture skl as u want. I wish u ham ka fu guai in Genting
enlighten me on your findings in the report since u already analyze it and understand it why no profit and why no forex gain as what you have been hopeful for. don't just skl skl all d time. I gave u my opinions on why won't have good results and it appears to be true but u just gave me skl. nothing else
Is it confirmed? If the previous announcement which is selling of the non-gaming assets to Sullivan County and how Empire plans to use the proceeds remain the same, then, it is definitely a GOOD news, Vin. Here's the logic - Empire has a 300mil bond expiring end of 2026. The proceed from the sale (~525mil) can then redeem the bond. And the previous announcement mentioned that Empire will buy the land outright from EPR properties and becomes the land owner for 200mil. Balance proceed will be around 25mil. These transactions strengthen Empire's balance sheet; reduce debt, lower interest and get to own the land.
EPS has been skewed to the positive by the ‘asset-light’ sale-and-leaseback of Empire Resorts’ non-gaming properties, while being negatively impacted by license costs.
So perhaps shareholders shouldn’t read too much into the Q4 EPS, or at least be aware of the noise. GENM sold a golf course and hotels for $525 million (RM2.2 billion).
thats the difficult part with Gent's corporate structure, Vin. hundreds if not thousands of companies :) Not easy to see what's going in Empire. The link seems to be the only source talking about it. Gent owns 73.13% of GenM and that means a higher profit/loss attributable to owners; flowing into Gent if you will.
Run this company had 2 factor will had very big impact. War and earthquake. Earthquake is already in Malaysia. High mountains impact will be 10x higher then on a flat land.
no need to talk about earthquake or fire or wars. even without these, the boss won't allow Genting price to go up. probably would only allow come June 2026. Question now is how low he gonna push Genting down.
Mrs xlg it clearly show u are a gambler after all. nothing clear and logic from you. best to just focus in casino and bet your chips and about your pictures.
well if you refuse to see the truth and facts, there s no point for me to share. if you can hold to your genting until end 2026, then it would be good..if you play by margin, the next 2-3 months gonna be roller coaster for your holding.
Of course, it will not be Seringgit. Q1 2026 results will be the guidance for their gaming revenue for 2026. With GenS < 0.70, are the footfalls and VIP customers gaming revenue really bad during the 15 days CNY festive period ?
GenS contributions in Q1 will be much lower solely based on the SGD to RM FX rate. In addition, they reported poor 2H of 2025 results as compared with MBS record Q4 2025 results. Q1 2026 results will be the factual forward guidance. It is already approaching 2003 share price Low :-|
Physical observations will be a good guide, which I am very sure Research Analysts would have done so prior to writing their TP reports. Perhaps, should pay a visit to Singapore (GenS & MBS) after CNY overseas holidays as Post CNY crowd (March) will be an excellent guide for Q1 results.
Agree especially if crowd solely in Mass market areas. The $ will be in VIP gaming. If VIP areas are crowded and vibrant, they will definitely be making more monies.
I sold years ago at ~ RM7 (2019) due to their corporate governance news (GenM/Empire Inc) but current share price getting very tempting though. Maybe I should be patient and observe until Q1 2026 results are out !
Wait if you are considering fundamental aspects of the leisure and hospitality segment, Daniel. As for technical analysis, it's a new low and Mr. Market is testing stop loss levels today :)
Agree. US & Europe are potential black holes. If difficult to compete with MBS in Singapore, why take the risks to compete with the other big gaming companies in the USA :-| Also, ROI is low in relation to the total financing costs & risks.
At this rate and negativity on the stock, it will test and reach new lows based on self fulfilling prophecy :-| 2.65 likely to be taken out this afternoon despite Cum-Dividend of 5 Sen !
sooner or later it would eat into the boss own pocket if he has pledged his shares to the banks as collateral. there must be a max bottom price that he would allow b4 taking action to stabilize and to support the price.
just wait and monitor where s the support price as the share price has fall from rm5.1++ since the recovery of covid in 2022. It almost 50% fall from that price since.
Will just stick to the plan for now. Maybe boss wanted to take back the small earnings that I earned from Gent & GenM previously. Lol, no pun intended.
back to what I'm been saying, why the boss wanna the price to be bottom? what is his intention? and what is the max bottom price that he can take before his pledged shares would hit the margin call?
coupled with the risk off mode from US Iran war. Last year US Iran war lasted for 2 weeks but market was down for the first week. This year's US Iran theme seems bigger or at least Trump wanted to portray it as such :) Trump said attacks on Iran will last 4 to 5 weeks and lets see how fast it will de-escalate and back to nego table.
Pick your fav counters and accumulate gradually :) sentiments may drive stocks down in the beginning but eventually will be corrected and limited to war impacted sectors and primarily energy sectors and economics driven by this sector.
missiles and launchers used up and have to be replenished. send the orders in and fight again after one year. Switch back to cold war first while waiting for productions of missiles and launchers. Lol, no pun intended.
not a good idea to buy low if you are on the fundamentals side of it, mrs xlg. heavy capex needs and a burden to its cash flow including financing aspect of it; the interest if you will. I have seen some comments on high TP for Gent and its just not possible given the capex needs until 2030. Risk management is needed to thread the water here and the time for gung-ho will come when it is swimming forward with the cash flow.
should be near to margin call price soon. the boss has sold its empire biz to GenM and should have tons of cash to do share buyback already. Genting itself had tight financial due to its recent failed GenM takeover.
Fundamentals. From previous Cash Rich company situation to high total borrowings position (increasing further based on heavy CAPEX and financing costs). 2.60 might be taken out soon.
believe me when I said that Kien Huat has rm1.2 billion war chest that it accumulated from GenM since 2019. this is purely just from the sales of Empire. yet to factor its dividends. in addition, Kien Huat is now owning around 44.7% of Genting. it can easily pump up its holding to 55%-60% at such low valuation now. just wait before the triggered price of margin call soon
the margin call should be around 2.60 and below. forces sale based on calculated price in early March 2020 is around 2.10-2.30. it would be exciting to see what would happen between 2.30-2.60. would the boss let it to fall further nearing 2.30 or he would take action before that.
past and present financing, future "dot dot dot". will it be future liabilities or future growth? safer to assume future liabilities for now. The luxury all suite hotel aka The Laurus will be tested on whether it can bring back the VIPs in the next 2 to 3 qtrs. RWLV "blip" entering 2nd year and the new board has been put in placed. Will be bad if ebitda margin fails to rise to 20% in fy2026. Sullivan county purchase of non-gaming assets seems to be quiet.