I think GENM is approaching accumulation zone, and I am queueing at 2.5 with a GTC Limit Buy order.

My investment goal is a modest one - target total returns equal 9% per annum, where:

• 6% comes from dividend yield (= 15 sen dividend / RM2.5 entry price)
• 3% price gains coming from table below.  For GENM to hit say 2.76 in 3 years time is not a high barrier and will deliver 3% per annum price gain.  More likely to exceed.

Chart below is self-explanatory - don't know exactly when but some time during 2025-26, something may happen.  As the stock has a long term uptrend, I am guessing the bias is on the upside, although no guarantees.  My conviction is so-so i.e. average i.e. average position sizing.  In a 40 dividend stock portfolio, neutral will be 2.5%, and can split into 2-3 parcels - no need to be greedy.  Trend lines can sometimes be broken, hence, don't over-bet if you want to position your portfolio to make new all time highs.

I am content with 9% per annum total return target - no need to be greedy.  6% per annum income means if price goes down, because of small position size, we have many options such as do nothing (and collect dividends), or consider doing a 2nd buy trade when price fall has stabilized, as it is impossible to imagine GENM to go bust, being the only casino in the country.

Disclaimer:  As always, you are solely responsible for your own investing and trading decisions.

PS.  I already own GENM - when it rise to 2.9, I sold a significant size as I felt it was still in a consolidation zone.  So, my buy back at 2.5 is to buy back what I previously sold partially.