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Seriously..genting performance really bad ... even index stock up almost 150 point from the lowest... other stock ...
axiata ..pchem..ytlp...almost fully recovered..but genting still stuck at mco price .. later on if gens qe weak ... genting may break rm3 very soon and become goreng counter ..
I am equally surprised with the divergence from BJK (gaming ETF), Vin. Probably Mr Market is not convinced with the prospects given the track records of the BODs; show me the results first if you will.
GenS results is out. Q2FY25 top line revenue +3% yoy comparing to Q2FY24, -6% qoq comparing to Q1FY25. 6 monthly yoy performance - Lower contribution from hotel rooms which is expected but higher contribution from attractions. There is one negative surprise though - The Laurus will be launched in Oct'25 instead of Q3. We may see lower hotel rooms contributions in Q3 still :(
Genting, PPB and Sime Darby were removed from MSCI Global Standard Index (refer to the following link, at the bottom of page 1) based on the Aug review and added into MSCI Global Small Cap Index. All changes will be implemented as of the close of August 26, 2025. Expecting volatility due to foreign index funds rebalancing. https://app2.msci.com/eqb/gimi/stdindex/MSCI_Aug25_STPublicList.pdf
GenM's report next and hopefully the poor MY assets performance in last qtr is a one-off event and not a structural problem. US assets unlikely to see positive surprise looking at the revenue report from NY gaming commission.
Cheng ， genm seem like better than Gent coz don't have RWLV ..
GENS look good in the future too..
only genting share price look bad . Maybe coz of fully 100% of RWLV
RW Catskills, RW Hudson Valley and RW NYC Q2 ggr is flattish against Q1 and lower yoy based on NY gaming commission revenue report, Vin. The only consolation is the forex gain. MY asset is a concern based on Q1 performance; lower despite festive holidays. Gent is indeed having 100% RWLV ownership. Q2 numbers for the Strip area is flattish against Q1 based on Nevada gaming commission report. Wynn Resort's Las Vegas numbers for Q2 is good - a sign that high end resorts/gaming facility is pretty stable against lower visitation number for Las Vegas. Q3 summer promotion deals will be the one to watch.
Genting seem like hard to recover In the short term ..gens profit only 90m in this quarter... maybe need to wait miracle... taurx approve or Q3 gens profit coming back
It will be a volatile Aug month for Gent due to GenM results + foreign index funds rebalancing due to MSCI changes, Vin. If MY asset performance is poor again, then, Gent / GenM will be similar to the story of "the goose that laid the golden eggs"
