Great comment from superpanda, I love the don’t chase high unless u able to buy back lower . Extra capital and holding power.

slump in demand is real. but oil price back to above 40 is for sure too. currently many country back to work. the only thing will happen is demand of oil will be higher, although it wont go back to last year demand, but with oil production cut, many oil rig and oil company close shop, oil price easily can go back to above 40.

Just hold on. Oil will go back to $100 soon in current condition.

No idss no worry. Dji spy drop also not huge effect to our stock market . As long as reopen is around the corner, stock market will just bull rally until the next black swan arise.

Just collect. Maby oil takes time to go $100 but back to $40 above will be very soon.

Tomorrow high chance spike upward . Many technical trader will buy

Shquah, its not new thing to see a company after deduct cost ,profit become negative.

good sign if today genm close above 50 moving average

Just trade now for short term with Some short term strategy . Currently all are just speculate because no one will know exactly how is the market after reopen. Some counter will speculate correctly and some will not. Current genm price are already low , if u are not urge for money, u can choose to buy now and wait few years. Handsome 100% profit can get. But if u everyday look at stock market u will be worry seeing it up and down.

Buy and set your profit target and stop loss. And also what strategy u use if it really goes down to meet double bottom.

for leisure/travel/hospitality industry, my point of view is as below:
1.How does this lockdown hurt their financial and how long will their financial recover in the future?
2.How will people react after reopen? will people rush to crowded area example cinema, beach or shopping?
3.How long post-covid fear will remain?
4.How long will our boarder still close or will Malaysia be like China quarantine whoever enter from oversea
5.How will gov act on the social distance policy after reopen?

For me, i think leisure/travel/hospitality industry will at least get hurt for 2 QR. Most people will still avoid crowded place for atleast 3-6month as human fear will not disappear like magic(unless medicine or vaccine is ready). Malaysia will still close boarder to tourist as many country still high in positive covid cases.
i personally think MCO will extend to end of May but in the mean time factory will resume work with health guide line , because Gov can't undertake the consequences of second wave in Hari Raya. u can see although China did "well" in handling covid, but there were many cases of no symptom people tested positive and there were 1 people with no symptom spread virus to around 80 people recently in Harbin.
Don't blindly listen to financial house analysis , ask your friend ,family or neighbor how they will act after reopen.
the reason for my post is that ,do be cautious on your strategy entering stock because the potential downside is still high.
My conclusion is that ,for genm is a very good company and i hold some of its stock. My strategy is i will average if it goes down, or enter in breakout.

from my "own understanding" and "personal view". for the short period of time, i see only 2 probably reason oil price will crash, 1 is recession fear resume and become depression , 2 is US ban or tariff imported oil. if not price will just float or rise.

stock will never go down forever unless close shop. thats y choose a good company and buy and add more when it down. eventually it will go up unless u didnt believe in that company. trade what is happening guys!!!

joshua because US unlimited QE to save equity market and bursa suspended IDSS and MCO ppl got nothing to do. u can see retail buy getting higher and surpass institution buying.

Paktua will win whether price goes up or down. Bcos paktua got spare cash to average down and paktua know until now no other energy can replace oil yet. Be wise, be like paktua

The next big question : will trump ban oil import ?

Up up up. Hope us don’t ban oil import. If ban all die

Stklearner I agree with your senior explanation. But if depression really happen, we need to beware of oil price stay low for sometimes and whether hibi can survive and also the value of this stock vs current and future situation. Current value of oil counter over the world are overvalued base on current situation , but because most ppl think this oil crisis will end very soon and it will only affect 1-2 quarter. I still hold some oil n has stock and will observe the situation. By the way do aware of US next week unemployment data. I think will have big move next week.

Euro zone business activity crashes to ‘shocking’ lows on coronavirus pandemic, CNBC news.
Many QR, research report coming out soon. us unemployment data coming soon too. Be prepare

I am quite bearish for current situation. For me I think current situation maby will become depression from recession like 1930. But, I still trade what’s happening. Sp500 are fighting between buyer seller these day, hope buyer wins.