Don't believed Getting can drop back to 1.80. slowly average down whenever prices is lower. At this level below $2.00 the holding risk is minimal. Just my own feel .heart over mind.......ha ga

Sudden surge in trading volume signal something is cooking. Either a positive Qtr result or Mr Big is to announced a tie up

Assuming you get dividend $60 per year from Genting. For the next 2 years . Whereas the price has slipped from 2.36 to 2.20 = -160 { which is already more than 60x2 = 120 dividend.

More worried about the tax hike
In 2019. Genting casino licence fee was increased to 150 million per annum from 30 million. Machine dealer licence increased to $50,000 from $10,000.casino duties on gross gaming income increases to 35% from 25. Would the PH government hike up the rate again ?

Average down is a good option if you are prepared to hold for long term { 3 years or more } . Stock wise & fundamentals pick ones that have solid businesses growth or positive cash flows. Ekovest after exciting their profitable construction and merging the group with their controlling shareholder as a property investment holdings. Plantation , durian farm , property, highways and minority shares stake in sister companies may required more gestation period tagline

Getting as a blue chip counter is underperforming . DJ record breaking run. Established new multi year high. Vs our Genting and local CI index disappoimting

After IPO listing chase to a high of 1.66 . slowly retraced back to current levels 87-90. If next Qtr result is good expect more upward projections. This stock currently trading at their low end. 1.66 {high } drop to 90 . This is a chip design company

Yes. Shorties are playing Getting . Getting needs a positive news flow to rejuvenate

Chart wise not looking good unless a clear breakout thru 90 -92 ceiling

Budget always aim at tobacco and gaming. More selling presume if more levy added on in Budget 25

Trading range betw 1.05 - 1.15. buy on dips and sell whenever a rebound

The last 3-4 meeting all done on Zoom . Directors can avoid all the questioning

Side way trading .one day up next day down. Looks like consolidation stage

A good one Mr contratrian

China market opened with a bang and soar after their weeklong golden holidays

Oversold position. Technical rebound today

Technical rebound will continue. Highly oversold position

Looking at the Affin news on the pricing. Strong possibilities of Sarawak government paid different pricing to LTAT and Boustead. Latest news Sarawak State owns 31% , LTAT still owns 20% , Boustead disposed their 20% share . Previously Sarawak acquires 5% from LTAT plus now the 20% from Boustead. The balance 5%-6% from open market. Bank of East Asia still owns 23% { provided they did not disposed any shares } the share spread is very tight. Sarawak 31% + LTAT 20% + BEast Asia 23% = 74 %

Apart from KPMG resignation announcement from Globetronics , PWC also resigned from Pharmaniaga . KMPG also announced their resignation from Bina Puri not forgetting EY have also quit from another PLC. We cannot harp on this issue .changing of auditors is part of a business cycle unless fraud is involved. Remember IMDB all the big accounting firm was once part of the scandal link company audit team.

Strong momentum HT today

Cheers to all GT bulls. good price opening 76 sen. Coming close to my weekly 80 sen TP

abcd. Yes I hope too

We all are small fry. A few words in this forum wont change the price . Mr market knows better especially for big cap stocks

My bet is on theta edge but who knows HT is the dark horse. In Malaysia every project manager can be changed at the 11 hour. The award of the NIISE has been delayed and put on hold the last 2 years

Soon9913. Forest city is owned by China based Country garden and state owned Johor arm {KPRJ}.
Nothing related to Ekovest group. Ekovest land is in North East of Johor and not in Danga bay

Good technical breakout if GT can closed above 72. Bullish
chart candlestick

What's important is the Board composition and the Management heading Affin. Look at Alliance Bank. Respectable & experienced Amirsham joined the Board

ABAabc9854. Clearly remember a sour grape's shouting sell sell YTLP at 2.0. then again sell sell all at 300 then 4.00. until YTLP touch a high of 5.5. finally YTLP adjusted to current price of 3.9 -4.00. sour grape{s } missed the boat and missed the ride....ha ha

Come tomorrow if the uptrend for GT continues to spike higher.the possibilities of a new cornerstone investor emerge.just keep our eyes and ears open

The key point. The bulls are happy with GT price uptick . All the so called negatives will be a thing of the past and the shorties buries once the price breeze past 80 sen. Shorties crying over sour milk

Cheers. Possibilities of more positive news announcement forth coming. Eg securing a new 2 year manufacturing contract with a new buyer. Sour grapes will cry fake news

Peninsula Malaysia we have Maybank { Malayan Banking } . Now Sarawak have their own niche bank AFFIN Group

Invest and buy GT at 60 or 62 sen. We know the risk. We are not buying GT at 1.20. just wait for the result and see it's a lemon or a juicy papaya. Ha...Ha don't like GT should dispose it much earlier

Buy , hold and wait for the 3 Qtr Sept announcement next month. GT punters will push higher if result is more favourable vs market expectations. The past 10 years result showed GT has always profitable. The end result is how much is the dividend
ratio and quantum the new management will paid out. October is just around the corner

Misappropriation is a criminal offense. No director of a PLC will
take the risk of going to jail and have a criminal record . All PLC have their own risks control. We are talking 40 million. The whole Management { CEO, CFO and BOD } can go to jail by any illegal or unauthorized withdrawal of
funds. And the banks will not authorized the withdrawal without all the designated signed signatories. Chairman or Director , CFO and CEo

Good closing today. 61

It's not what you think . more important how the market thinks.
Cheers to all those who buy Gt after the price crash

EPF exit GT due to founder cashing out. Possibilities of GT has now found it's footing after the drastic fall in the stock prices

Anything above 33% will trigger a GO for the shares. I suspect Sarawak has acquired more than 33% . Just a wild guess. LTAT sold 5 % , Bstead inked 20% . Open market moped 5% , GLic link companies additional 3%> . Total 33%

My own view on Sarawak State will continue to seek more autonomy and indigenous stand with Sabah. The question of the 2 Borneo states departing from the Federation is not on the table. Things have changed unlike the early days of Malaysia formation in the early 50's after the Cobbard commission inquiry on the entry of the Borneo states into then Malaya. Brunei opted out and with Singapore the island state departed after 4 years. We are celebrating 67 years of Malaysia independence . Things and ties have cemented between the Federation and the 2 Borneo states. Although the Federation and the 2 Borneo states each have divergent views and different outlook &l views on their people aspiration, religion , custom , cultural and most important family ties.

Whether we buy or sell really depends on your own entry price. Buy low betw 53-54 wait for the rebound.

Time to bottom fish. Stock price was pressure by shorties after company auditor { KMPG} offer their resignation voluntary. Price dropped like a bomb after the news announcement. Technically prices have now consolidated. Can do some intra day trading.

Yes. LGMGL so called express highway not user friendly.one wrong turn ends up going in circle. Certain parts unable to get GPS signal working. Bad design and lack of connectivity

hype up by promoters. Key chart support holding at 35 sen. If 35 price level is breach then next chart MACD set at 32-33. Things are not static

Not looking good for Affin. Key support 3.00 breach

Looks bad for certain tech counters.

Shorties will target and hammer counters with weak financials and weak management. Ekovest fits in and likely to struggle with the deal to sell of the profitable business construction arm to Knusford. Chart wise looks support is pegged at 35 sen. From a trading point buy on dip if price below 35 and sell on a rebound. But if market fundamentals further drop and deteriorated.price needs to revised downwards

To hit the CI above 1700 points. Concentrate on the banks and group of PETRONAS .other counters will follow catch up. Cheers

Yes. Is the light at the tunnel ? still waiting for Ekovest to finalize the merger and group consolidation exercise . The 6 month extension was initiated by Ekovest board and extended until Feb 2025. For ikan bilis for better or worse. Price will be side ways for the next 3-4 months. no choice but to sit it out

Not a good day for Affin. Traded today low at 3.17 despite their Qtr marginal result announcement