On Covid front, earth just made a new record for cases in a day lol

Europe is green green at the moment

Regional markets are doing okay, so its a political play. My engine is rumbling

Whole market red red, political play lol

100% done will be wasted not useless, resources are left there doing nothing.

Resort World Las Vegas 65% completed as at June 2020, from wiki

Get ready to buy more but not now
Most probably waiting for market jerk when some company's quarter results are out end of month

Q2 result should be poorer simply based on lock down almost the entire quarter.
Q1 result only included roughly 1 month of lock down plus minus, and it also had CNY boost.
And then you need to see the contribution of positive or negative from other region and business segment (plantation etc).

How much is priced-in, is depended on each buyer.
Uneducated investors may expect better result.
Educated investors will have priced it in, but at what price point, depends on each individual.

But of course, whether the future ahead is good or bad is not known, still two sides.
If the cure cannot be produced, or the vaccine cannot be out soon, or if China decides to war with India, or blablabla...

A smart investor should look ahead, not the past.

Q2 bad is given. Priced in to a certain extent

Only a week+ ago shareinvestor88 called 2.50

I was at premium outlet, now at gohtong jaya. Nvr seen these two places packed like this before. I used to drive to gohtong jaya twice a month, never seen so packed before.
Not sure about Genting Highlands though

Next Q should be worse, like most other counters as well

There's many ways to "play".
Big players can have multiple batches, they can play either direction.
Btw I didn't say who I suspect also lol

I believe there's internet assassin at work here

It is possible to revisit below 4.
If DJ drops another 3K points over a few weeks.
Or if new cases of Covid spikes in multiple countries especially so if locally.
I'm not dismissing the negatives. If that were to happen, its a W recovery in my books.

However 2.50 for me is likely just a dream.

Risk of spike in cases might re-surface, however, vaccines are getting done real soon like possibly end of year.
If cases spike, sentiment might go down but end of year could be the savior.
If buying don't go on credit lol

Spike today means casino named bursa is happening

Oooo 4.86 now... probably today will close at below 5.00
Only topped up 1K share last week but I'm happy

I never gambled on table in my life, only with those machines.
Yes I remember the RM1 coin ting ting ting dropping into a paper box we now use for take away, was very nice indeed lol
I had 1 push of the button that filled up my whole box lol

China press got fake news? lol

Only managed to top up 1k shares at 4.38 today

10th opening, Tuesday maybe boost again

Many ppl also said shopping malls will be empty for months
Mid valley is packed like hell the past few weeks.
Traffic is reduced but its not as bleak as portrayed.

There's also property theme ongoing

Geeez big push... probably a little too fast for its own good, but what do i know

Possible if Covid situation under control.

TP RM5 end of month?

Just bought back what I sold yesterday lol

Feels like the same strategy to maintain price at above 50 cents.
Same strategy how it stabilized at 40 cents. My 5 cents.

This counter is long term investment, will take some months to a year to recover, but probably worth it.

https://www.edgeprop.my/content/1687517/government-likely-reintroduce-hoc

No power dy

Just yesterday bought a little bit at 38 and 40 cents, crazy

I hope it will, still hold >300k shares lol

I sold 20k shares profits at 41.5 and 43.5 this morning, crazy fly.

I'm optimistic over longer run like year end onwards, but I have to say it will be worse next quarter.
Not necessarily below 3.80, but it wouldn't have much to gain for now.

Only wild card is covid vaccine, which is definitely getting nearer but may be still many months away.

I will buy if it drops, but only if the drop is significant enough like 3.50 or 3.70 region since I'm already one leg in.

Doesnt matter, online is borderless, earn USD better right

No risk no gain as they say.
Investing in Japan won't be a short term effort, it takes years.
Will the landscape change by then? Nobody will know. Maybe the moon crashed onto earth also.

Knees might jerk a while on financial result, I will buy below 3.80.

Its quite clear really, slowly but surely a recovery until maybe some time in early Q4

Havn't been reading here for a while, I still see big two sided prediction from ppl's post :)

I'm not a gambler, but I can imagine them trying to "catch up" with the "loss" of time

Same will apply to most other companies on Bursa, why are they green today?
Because investors look at future value.
Of course the "fair" price now shouldn't be close to the price before Wuhan outbreak started, which it isn't.

Oh, not forgetting GenM rank #9, GenP rank #10

Go read The Edge regarding cash rich company.
Companies with market cap above 2b, over 1 times cash ratio and below 50% net gearing.
Genting rank #6

LKT unload must declare, no news means no unload

That's too extreme. Probably 1 to 2 meters apart, so maybe 3 or 4 per table lol

Few development could spark our market
1. Vaccine/cure development, trials are beginning to rollout here in Malaysia with WHO, other countries as well. As we get closer to release, markets will get more confidence
2. Afternoon news of SME help by gov