| Latest Forum Topics / Genting Sing Last:0.615 -- |
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Genting SP Next Move
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Checkerman
Master |
20-May-2026 07:33
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Next 6 month will be gloomy for Genting.
Won?t be surprise to see price trading between 51-55
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luckyguy3
Master |
19-May-2026 22:27
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Genting is a falling knife. U are speculating/guessing/hoping that MBS will be punished by govt in 2027?? So I invest in Genting and have to hope/bet/gamble that MBS be punished by govt or MBS co_k up then Genting fortune will reverse? Basically it means I not investing but gambling when I invest in Genting.  
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sgng123
Supreme |
19-May-2026 21:56
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Who know maybe parent genting might do a genM offer, increasing stake in genS without delist. this way they get majority share of dividend and enjoy the spoil when asset value double in 2030. genM is 1.1x nta, genS 1.1x is only 0.75 very cheap for them since dividend payout controlled by them.
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Checkerman
Master |
19-May-2026 21:50
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👍
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sgng123
Supreme |
19-May-2026 21:45
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Sg gov using the casino licence as carrot stick tactic to force casino operator to kowtow. genS is so damn cash rich, after paying 2 years of dividend and spent $2b into rws2.0, cash reserve $3.2b never depleted lol. they even mention in agm they can do self finance rws2.0 while oaying dividend, now u know why net profit drop. it all go into rws2.0 capex, they want to self fund?? |
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sgng123
Supreme |
19-May-2026 21:40
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Hit by bad sentiment over loss of market share due to shorter casino licence. MBS also faced same thing in 2027, they need heavy capex to start work on 4th tower and if sg gov wanna push them just give a shorter licence. the  u see reversal of fortune loh. |
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n3wbie
Elite |
19-May-2026 21:32
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Pretty depressing for a blue chip to be hitting multi-year lows when STI is at ATH. 
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sgng123
Supreme |
19-May-2026 21:29
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Ttypical malaysian businessman tactic, everything cloak and dagger aka act blur till ask. That why kanna 2 years licence, MBS proactive so get 3 years licence and market share. That 2 years licence start the profit rot till now, losing high roll customers to MBS. The connectivity issue partially solved in jul when new ccl stations link harbourfront and bayfront   |
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n3wbie
Elite |
19-May-2026 21:17
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Honestly, they should be more commited with their capital returns strategy and announce a $x share buyback program - if it doesnt get fully utilized if and when the share price re-rates, that' s fine. It will deter shortists and show that the management and board are willing to put their capital to work that will be accretive for shareholders. The buyback program now feel haphazard and adhoc.
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n3wbie
Elite |
19-May-2026 21:11
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Previous announcement for the casino license renewal was in Nov 2024 for the 2 years renewal to take effect from Feb 2025. Doesnt seem from the AGM minutes that there are hint of when they are expected to hear back on the casino renewal timeline. Hopefully sooner rather than later to remove the overhang.
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sgng123
Supreme |
19-May-2026 21:06
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Stock price go down to recession level hopefully might just be temp else big correction might be coming for overvalued sgx counters. genS stock price heavily manipulated after the 2 years licence, casino market share basically tank. This coming casino licence renewal in 2026 very imp hope no more surprise from sg gov. Basically genS had done everything sg gov ask them to do, spent $2b alrdy and $4.8b following till 2030. |
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JurongW
Elite |
19-May-2026 18:34
Yells: "Earnings give weight, Chart give wings" |
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2,261,000 shares bought at 58.5 to 59.5 ($1,332,518)
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sgng123
Supreme |
19-May-2026 18:13
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SBB 2.2mil today, need to wait till volume die down still quite a bit of shorting though not aggressive. part and parcel of casino stock drama , it worse this year as casino licence renewal in 2026. Everyone siam till coast is clear, hopefully genS get normal renewal till 2030 3 years licence. Just don bother abt profit in 2026, would be profitable but sub par yty. Enjoy ur dividend coming next tuesday. |
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sgng123
Supreme |
19-May-2026 09:32
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Now just know that genS got enough cash on hand to self finance the whole RWS2.0. Any news on capital refinancing on RWS2.0 would move stock price a lot. After RWS2.0 completion  asset value would double in value.   |
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Newbie2025
Senior |
19-May-2026 09:21
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Dont mixed up cash reserves of $3.2bil with retained earnings | ||||
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sgng123
Supreme |
19-May-2026 00:52
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genD got money loh but currently they dumping whatever they earned into RWS2.0. They desperately want casino licence. | ||||
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Newbie2025
Senior |
18-May-2026 20:32
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See retained earnings of 2,666,668,000 in 2025 annual report!
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sgng123
Supreme |
18-May-2026 15:17
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I feel like genS running it like private instead of listed. Listed companies borrows heavily and leverage to make net profit look good. genS do opposite everything self funded and keep retained profit. Venture also do these kind of crap but smarter as they take care of profit reporting | ||||
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Newbie2025
Senior |
18-May-2026 14:56
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Could be capital reserves
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Newbie2025
Senior |
18-May-2026 13:57
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Sir, the is the magic that i also dont understand how the mathematics work?..😂 😂 😂
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