Agree.. Cheng...
I still waiting for the Q3 result..
weather need to buy more...
If the result still below 100m..
Another lower it could be..

Actually the reason why Genting is falling is very simple. It is because ESG theme is the major music now. Look at all other gambling stocks like Sands, Caesars, and Wynn. They are all falling because institutions are abandoning them. There is nothing to do with fundamentals. We, as retail investors, should do opposite than what institutions do. Buy when they abandon. When the wind returns to sin stocks again, even pigs will be blown high. For the moment, just collect high dividend and stay patient. It is still better than savings your money in the bank.

Recent earnings call from these companies that you mentioned may provide some pressure to RWLVS too, Kenny. Single digit revenue growth due to lack of major events driving lower footfall. Typical major events like the Super Bowl and F1 in Vegas are in Q4 to Q1 timeframe.

same range as your expectation, Vin. Basically, GenM to cover for flattish performance from RWLVS and GenS. Full recovery back to 500M+/- per quarter will only happen starting as early as Q2'25 and to pick up from there onwards.

well, so far so good for Genting. RWS2.0 started resulting in lower GenS contribution while GenM's operations are running without disruptions including RWLVS. Plantation segment riding on tight demand/supply which should continue until mid of 2025. Just in time for GenS to pick up while plantation segment goes into normalization. Then, comes RWNYC bidding status end of 2025 followed by pick up of O&G segment in 2026; will see contribution from O&G for the next 17 years

gens q4'24 results will still be flattish, pahang kia. It will start to recover early next year upon launching of new attractions and the all-suite luxury hotel replacing hard rock hotel. as for sg gomen, they are just protecting their national interest - getting LVS Marina Bay and GenS to complete their capex upgrades soonest possible :)

still have a lot room to be improve hope they can continue with team wang this kind superstar create more event lure more fans to RWS spend . team wang and neflix halloween is good idea i see the bright there they find thier way . sands unable to create different different kind of venue due to thier image and brand but RWS can create different type to venue to cater different age

it will be better for sure :) additional 700 rooms from the new The Waterfront hotel will be added when its completed and Hard Rock Hotel is not the only hotel to be refurbished as there are a few more undergoing refurbishments.

we have been waiting for Genting's financial performance to be released and no harm waiting for a few more days, Jk. We just need to be aware of short term earnings disruptions from GenS and recovery from GenS is expected early of next year. As for index constituents changes, Gamuda is set to replace GenM and there should be volatility resulting from index funds rebalancing. There should be changes to reserve list too.

GenP / Plantation segment results is out and did not disappoint. This segment should continue to report similar strength at least until Q2'25. GenS recovery will take over thereafter and if the supply/demand for cpo remains tight by Q2'25, the plantation segment will continue to report similar strength in its results. else, normalization is expected. GenM is up next followed by RWLVS which is part of Genting's results. RWLVS should be flattish in Q3 and better in Q4 driven by F1 event; seasonally driven.

FY24 for GenP will be better than FY23. FY25 pretty much depends on the supply/demand situation towards mid of 2025. You may want to keep an eye on it. Looking good so far judging by FCPO trend without looking at the production/export/inventories data from MPOB and Indonesian palm oil association (GAPKI).

Yes, it is jk :) It should be similar in Q4 for GenS flattish against q2 as the new attractions and refurbished all-suite luxury hotel will be opened early of next year, better for RWLVS against Q3 (due to F1), GenM Malaysia segment should be better than Q3 due to holiday season.

yes it is, jk. Should be mid to high 200 due to festive season and F1. Its ok to use 200M as your own expectation. and FY24 eps will be trending to 33 cents based on 200M net profit for Q4. 3rd consecutive year of improvement. full year net profit estimate of 1.3bil for FY24 and PE15 will give you a high price 5.02. I think Genting's recovery from the pandemic is picking up steam.

My situation could be different compared to yours as I have just joined at 4.02, Vin. Putting aside the difference in our entry price and the result is meeting our discussion previously which is within 200M to 300M range :) If you look at the net cash from operating activities: 5.3bil versus 5.0bil comparing the same 9 months in FY24 and FY23; that is real money that Genting can spend :) By Q4, i believed the net cash from operating activities will reach 7.3bil at min. I will be eyeing for opportunity to add on :)

You are welcome, Vin. Q1'25 will see improved earnings from Gens but I think Q2'25 will be able to give a sneak preview of how big is the growth of RWS2.0; all suite luxury hotel is not the only hotel refurbished/to be built :) we may see 8bil qtrly revenue by 2026?