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Last Price Today's Change   Day's Range   Trading Volume
4.13   -0.03 (0.72%)  4.08 - 4.18  11,460,100
26,706 comment(s). Last comment by JBond007 at Dec 3, 2020 2:16 AM
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SHQuah
4426 posts

Posted by SHQuah > Oct 19, 2020 8:32 PM | Report Abuse

Shareinvestor88.....if you do not like Genting, please go somewhere else, don't keep on talk cock here.


positive_investor
773 posts

Posted by positive_investor > Oct 19, 2020 9:04 PM | Report Abuse

There will be smashing news from genting so stay tuned. If you wanna make money better get in earlier. It won't stay the same soon :)


techno88
39 posts

Posted by techno88 > Oct 19, 2020 9:05 PM | Report Abuse

Shareinvestor88 telling all the true! This titanic slowly skrinking.


Whoisthis
182 posts

Posted by Whoisthis > Oct 19, 2020 9:06 PM | Report Abuse

Once the vaccine comes out, people will retaliate to consume and the world stock markets will also rebound retaliatory for sure!


Whoisthis
182 posts

Posted by Whoisthis > Oct 19, 2020 9:07 PM | Report Abuse

be patient, vaccine will probably be on the rack of phamacy near you by the end of november


Whoisthis
182 posts

Posted by Whoisthis > Oct 19, 2020 9:08 PM | Report Abuse

dr. fauzi said one


shareinvestor88
2706 posts

Posted by shareinvestor88 > Oct 19, 2020 9:56 PM | Report Abuse

SHQUAH , I have shares in G GM. IT IS SINKING UNLESS VACCINE IS FOUND OR VENTURE INTO HEALTHCARE


gamblegod
162 posts

Posted by gamblegod > Oct 19, 2020 9:57 PM | Report Abuse

Vaccine haha, flu vaccine in the market so long still unable to eliminate all flu. U think vaccine can kill covid easily. Don't be dream lah!


gamblegod
162 posts

Posted by gamblegod > Oct 19, 2020 9:57 PM | Report Abuse

The King is glove and nothing else!


Stockisnotfun
2218 posts

Posted by Stockisnotfun > Oct 19, 2020 10:07 PM | Report Abuse

Even mahsing and petronas such big company also already venture to glove biz la. Only this LKT so stubborn. His head only have casino, hotel and cruise. When people is closing down then he keep expanding.


shareinvestor88
2706 posts

Posted by shareinvestor88 > Oct 19, 2020 10:17 PM | Report Abuse

when did PETRONAS venture into gloves


Stockisnotfun
2218 posts

Posted by Stockisnotfun > Oct 19, 2020 10:21 PM | Report Abuse

PETALING JAYA: Petronas Chemicals Group Bhd (PetChem) and LG Chem will venture into the rubber glove industry and have inked an ...


wallstreetrookie
2099 posts

Posted by wallstreetrookie > Oct 19, 2020 10:30 PM | Report Abuse

Genting could’ve easily ventured into gloves but instead they spent it on share buybacks and investing in another shit company called Empire Resorts. Good job LKT probably ran already with some of his proxy accounts. F this shit


wallstreetrookie
2099 posts

Posted by wallstreetrookie > Oct 19, 2020 10:32 PM | Report Abuse

They have a little bit of O&G, some plantation fields, property and some investments. Genting > Mahsing. Venturing into gloves WAS peanuts for Genting. But now due to their consecutive bad decisions, they’ve ran out of liquidity.


wallstreetrookie
2099 posts

Posted by wallstreetrookie > Oct 19, 2020 10:33 PM | Report Abuse

Can you guys imagine Genting being so much bigger than Mahsing can’t venture into gloves BIGGEST JOKE of the century


shareinvestor88
2706 posts

Posted by shareinvestor88 > Oct 19, 2020 10:34 PM | Report Abuse

What do you mean ran out of liquidity


wallstreetrookie
2099 posts

Posted by wallstreetrookie > Oct 19, 2020 10:35 PM | Report Abuse

Ran out of cash la. You forgot in March, Genting kept doing share buybacks to “save” GENM and Genting meh? Now they cannot liao


wallstreetrookie
2099 posts

Posted by wallstreetrookie > Oct 19, 2020 10:36 PM | Report Abuse

Bought Genting during March still can lose money. What kind of garbage counter is this haha


Stockisnotfun
2218 posts

Posted by Stockisnotfun > Oct 19, 2020 11:48 PM | Report Abuse

My portfolio all green except this one red like until my eye is blind haha


Sharefisher
802 posts

Posted by Sharefisher > Oct 20, 2020 7:49 AM | Report Abuse

Some people just like say something stupid... Don't know they like to do that. Maybe they are really stupid. Hahaha....


positive_investor
773 posts

Posted by positive_investor > Oct 20, 2020 8:55 AM | Report Abuse

Oh you don't wanna hold or buy? Better sell yours ASAP. I guarantee you, funds are accumulating :)


positive_investor
773 posts

Posted by positive_investor > Oct 20, 2020 8:56 AM | Report Abuse

Try look beyond its casino businesses because you don't know what you're buying into :)


Pinky
474 posts

Posted by Pinky > Oct 20, 2020 9:44 AM | Report Abuse

Who is that joker saying Genting should go into gloves lol

Might as well ask TNB make condoms
Maybank go into 4D
AirAsia go into nuclear power plants

Hahahahahahaha


DestinyL
447 posts

Posted by DestinyL > Oct 20, 2020 9:52 AM | Report Abuse

They should do some study lah

Mahsing was into manufacturing before they went into property, hence barrier to entry is not big
Petronas has oleo manufacturing as well

Like today you ask a white collar worker go and do construction also die la


kyh4862
47 posts

Posted by kyh4862 > Oct 20, 2020 10:07 AM | Report Abuse

以前我在HLe卖RM8000的股票水钱是收RM20,昨天变收RM60。有人知道是什么原因吗?有人跟我一样变收多了吗


positive_investor
773 posts

Posted by positive_investor > Oct 20, 2020 10:09 AM | Report Abuse

Idiots daydreaming lol


Pinky
474 posts

Posted by Pinky > Oct 20, 2020 10:10 AM | Report Abuse

Mahsing background was plastic products

https://www.mahsing.com.my/who-we-are/our-story


positive_investor
773 posts

Posted by positive_investor > Oct 20, 2020 10:11 AM | Report Abuse

Glovemaking business is opportunistic only won't last long. Also too many venturing into it...the pie is getting smaller


wallstreetrookie
2099 posts

Posted by wallstreetrookie > Oct 20, 2020 10:24 AM | Report Abuse

Like I care about Genting lolll. Who cares about the casino business. Tourism/hospitality is fked for this year. What can you do? Diversify


wallstreetrookie
2099 posts

Posted by wallstreetrookie > Oct 20, 2020 10:25 AM | Report Abuse

You bought a lot of Genting and stuck so don’t lure people into buying la.


wallstreetrookie
2099 posts

Posted by wallstreetrookie > Oct 20, 2020 10:26 AM | Report Abuse

@positive_investor Simple. Because you missed the boat. Didn’t buy gloves so another sour grape. Don’t get too emotionally attached with Genting. You don’t owe Genting anything


Gaogaolat
92 posts

Posted by Gaogaolat > Oct 20, 2020 10:27 AM | Report Abuse

biasa la sure drop until 2.50


wallstreetrookie
2099 posts

Posted by wallstreetrookie > Oct 20, 2020 10:29 AM | Report Abuse

I will still hold Genting. But can’t ignore the fact that Genting is in hot waters until the end of year.


DestinyL
447 posts

Posted by DestinyL > Oct 20, 2020 10:30 AM | Report Abuse

I don't think glove biz is doomed lol
Just that the price has gone up too much
Glove business will still do okay, just don't look at the share price as a gauge
New entry will still find it hard to compete with big glove makers due to lousy cost efficiency.


wallstreetrookie
2099 posts

Posted by wallstreetrookie > Oct 20, 2020 10:32 AM | Report Abuse

Ok la. I admit I’m a little unrealistic about Genting venturing into gloves. But gloves business isn’t going to decline. Seriously Genting could’ve used that 500+M in Empire Resort somewhere else


wallstreetrookie
2099 posts

Posted by wallstreetrookie > Oct 20, 2020 10:33 AM | Report Abuse

Pumping liquidity in the middle of a pandemic smh


wallstreetrookie
2099 posts

Posted by wallstreetrookie > Oct 20, 2020 10:34 AM | Report Abuse

@positive_investor please la You don’t owe Genting anything. Spend some time in other counters. It’s not worth your energy to promote this counter. For new investors wait until there is CLEAR sign of a vaccine coming out then buy. You will have plenty of time to buy when vaccine comes out .


Stockisnotfun
2218 posts

Posted by Stockisnotfun > Oct 20, 2020 10:47 AM | Report Abuse

You all don't know whats acquisition or partner is it? Genting no need to have existing factory to venture to glove one ma. There's are hundreds of small glove factory out there.

Dare to acquire empire resort this stupid cake but not dare to venture in glove industry.


positive_investor
773 posts

Posted by positive_investor > Oct 20, 2020 10:55 AM | Report Abuse

wallstreetrookie, why you so angry? You've done well or not? I'm not interested to reveal my investments to you :)


positive_investor
773 posts

Posted by positive_investor > Oct 20, 2020 10:58 AM | Report Abuse

You think only gloves made multiples of money? Like a frog under shells :)


neohts
793 posts

Posted by neohts > Oct 20, 2020 11:49 AM | Report Abuse

Just wait for Next Month Q3 result. If result could break even consider very good.
Q4 should be better than Q3 as most of the Casinos and Cruises already start operation.

Next year if Virus is over and Las Vegas Casino open, then share price up all the way.


jasonred79
421 posts

Posted by jasonred79 > Oct 20, 2020 12:15 PM | Report Abuse

"But gloves business isn’t going to decline." you serious bro? just look at the past track record of glove counters after H1N1 finished, after SARS was over, etc. Demand fell back to pre-pandemic levels, revenue and profit crashed, and the stock prices all fell. You think that covid will be any different?

I praise genting for NOT following the herd and going into gloves. All these companies which pumping money into gloves will DIE once pandemic is over. The production of gloves in 2022 is going to be more than double that of 2019, you think there won't be a supply glut? Dream on.


wallstreetrookie
2099 posts

Posted by wallstreetrookie > Oct 20, 2020 12:52 PM | Report Abuse

@positiveinvestor Of course not only gloves. Tech and semiconductor is flying also. Better than this garbage Genting lol


wallstreetrookie
2099 posts

Posted by wallstreetrookie > Oct 20, 2020 12:53 PM | Report Abuse

If you think you’re smarter than IBs and funds, then keep buying Genting la. You better be richer than banks so you can buy every time it drops 1 cent. Better wait for uptrend


wallstreetrookie
2099 posts

Posted by wallstreetrookie > Oct 20, 2020 12:55 PM | Report Abuse

@jasonred79 that only happens if you buy gloves RIGHT NOW. If you bought TopGlove and Supermax in March and April, keep holding. It’s not like I’m asking you to enter gloves now. Glove companies now have the funds to keep expanding but the share price is overvalued. Genting how to expand their business. Physical casino is a declining business you know how many online gambling sites that exist out here? Also, if a vaccine comes out, you still need time to buy from other countries and administer them to Covid patients and that’s going to take at least half a year. Most people will still fear going to Genting because of post-Covid PTSD.


wallstreetrookie
2099 posts

Posted by wallstreetrookie > Oct 20, 2020 12:56 PM | Report Abuse

Anyways I’m not encouraging people to sell because apparently I’m also STUCK in Genting


Stockisnotfun
2218 posts

Posted by Stockisnotfun > Oct 20, 2020 12:58 PM | Report Abuse

1 billion loss man at previous quarter. What do you mean breakeven ? You means no loss and gain at q3? But past qr showing loss means nothing ar.

Next qr showing loss also definitely but lesser only. Next year covid ended? I hope for that but hard to say.


Stockisnotfun
2218 posts

Posted by Stockisnotfun > Oct 20, 2020 1:01 PM | Report Abuse

If glove no profit then why Petronas and lg is jumping in? They can might as well venture to other sector. Why glove only? Because Market demand la. You think mahsing and they all are stupid company is it.


wallstreetrookie
2099 posts

Posted by wallstreetrookie > Oct 20, 2020 1:01 PM | Report Abuse

The worst part is the post-Covid trauma. People will fear going to places with dense population for a long time. Mainly the fear of another wave. Also, it still takes a very long time to distribute and administer vaccine even after a vaccine has been successfully developed


wallstreetrookie
2099 posts

Posted by wallstreetrookie > Oct 20, 2020 1:03 PM | Report Abuse

Still holding Genting. But very disappointed with their previous decisions. From the fiasco with Genting HK to acquisition of Empire Resort subsidiary to the incessant share buybacks, I can’t help but keep losing faith in this company. Recovering back to 2019 seems very unlikely

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