I won't put all my cash into stocks. My maximum is 60 percent of my cash reserves

I had invested over" 600k.

My total investment about 40%. Still holding 60% cash

I don't understand a loss making company like sapura energy still attract so much attentions? This is the worse oil and gas counter in bursa Malaysia.

Everhappy no one can assure when is the best price but you can start buy bit by bit if there's a massive correction. Never jump after a strong rebound or you get caught off guard.

Nothing to shame about our loss coz its our money. Nobody gonna give us back right? My loss in Genting bhd 27k, GENM loss 22k and the rest are banking shares, property counter and yinson I'm still holding with a paper loss of below 200k I think . I believed banking shares will recover much faster than gambling and leisure counters that why I holding for long term. Genting disposed at 3.95 & GENM sold at 2.27. I'm waiting for both counter to drop more before I bottom fishing again. Good fundamental in long term but I expected massive loss in year 2020. Recovery most probably in 2nd half of 2021. Investment takes time to bear fruit. Best of luck

Finally you said something right Tew66666. Bear market is the best time we increase our wealth. Don't worry 56 years old uncle here flush with tons of cash. Hahaha! I'm beginning to bottom fishing now. Can't predict a bottom but the price already looks attractive enough. Good luck all

1 billion loss because I think ite included casinos in UK, Australia, Singapore and US. Tell me do you expect any of GENM & it's subsidiary casinos still in profitable position in 2 quarter of 2020?

Government already hint of extending the MCO to a month. There's another 212 new covid-19 cases in Malaysia.

Right now banking stocks looks more attractive than gambling counter. Plus they pay higher dividend than genm and genting. Valuation also much cheaper.

In Italy many age 20 & 30 with no history of health problems also died of infection. Don't over estimate the virus. Stay safe and keep your cash. Young people have very much less cash than elders.

Government won't be able to bail out all because we unlike US & UK which can start printing money.

Banking counter will be in big trouble if big corporations start to default.

The previous crash caused by property bubbles where KLCI index fell over 80% between 2008 and 2009. And present crisis was even worse it slowing the entire world economy by pandemic covid-19. At the moment KLCI had just corrected 20% & DOW only 30%. I'm not trying to out smart anyone. Uncle skybursa had over 30 years trading experienced. In my opinion the best timing to start accumulate good fundamentals stocks is when you see the contagious finally slowing down worldwide. Keep track of the news daily and be prepare when times come. Trade with caution in a volatile environment.

Corvid-19 DEATH toll are are rising in huge numbers in Europe,US & others part of the world. The pandemic is spreading throughout the world. Even Malaysia had cross 1000 mark. Recession are looming & bank will have face defaults soon. Unemployment will rise together with business slowing down & bankruptcy will rise. The fear of depression is even terrify than recession. Trade cautiously in the face of uncertainty ahead. Stay safe and good luck.

Today share rise because Bank Negara is flooding the banking system with liquidity. The same happening to Europe and US. But can't support an economy which consumers afraid to spend & nothi6 pay back the loan. Lock down can damage the economy.

Yeah I'm a dumb old man . I sold out at 3.95 but if the money to buy back now, I get more quantity of shares. But I prefer to wait for lower entry so I get bigger quantities with the same amount of money. I'M SMART

Those who rush to buy are stupid.

Push up ? With fingers?

People will find it today rebound as an opportunity to cash out.

Wallstreetrookie when I cash out at 3.95, you question me why I cut loss. The price will go back above 6? The selling still got a long long way down. Stop lying to yourself. This rebound is short lived.

Open for business but only few daredevils uncle and auntie brave enough to gamble there. Not even enough to cover employees salaries. Selling foreign assets soon. Coz it's overseas casinos too facing the same covid-19 problems. Do not touch leisure counter. It may takes few years just to break even. And dividend will dwindle.

The major owner is on the opposition side. Will you award a contract to your rival? OPCOM is death.

I think probably fall below 2.50 coz business environment is greatly effected & cash cow will not survive for long if covid-19 & recession drag on a couple of years. Investment bankers always makes stupid mistakes when they make a buy call. I believe soon genm will start to dispose it foreign assets (casino) to minimize losses.

Pn17 than cry also no tears

Every time drop also average. You own MAYBANK?

Lim family will be financial distress because they owned 70% of HK Genting cruise. Cruise business are dying

All subsidiary will be at loss accept genting plantation. But don't forget that palm oil price are dropping too.

With negative revenue still have to dig into the coffers for share buy back. High debts is not a problem but the problems is the business cannot generate enough to cover the expenses and repay debts. Any share buy back will be very limited

No need pay back loans doesn't benefit me. I'm debts free.

Calvin Calvin Calvin must stuuuuuuck with lots of OPCOM shares in hands. I noticed that when the price up you keep calling for a buy
When the price keep dropping like no tomorrow you too keep a buy call. Trying to dispose your holding at others expenses?

Yeah everyone still not sell will Holland

A repeat of 2008 or maybe worst. Maybank may drop below 4.

Confirmed lock down. Tomorrow market will crash

Confirmed lock down from 18 to 31 March.

DOW blood bath. More than 10% drop

What if it don't drop below 40? Your TP is 10

TP 0.10??? Hahaha I can bet with you

A bottom? No fortune teller can be correct. Just buy if you see attractiveness.

gggSTOCK seriously you bought at 10 ?

Recovered most loses. I'm surprised

I'm not sure if 2020 keep losing money through out the year and they still able to sustain the dividend. Impossible coz maintaining the business to survive the hard time needs huge expenses.

Sold out at 2.27. Now 2.10.

Sold today at 3.95 . Now 3.55 omg

Why speculate? Previous year everyone said it around 3 in the end received 5. Recession does not effect utilities earnings much coz electricity & water still needed.

I think agm are definitely not allow.

I sold all this morning both genm and genting. Glad I make the right decision. Now just wait for the right price to enter.

Agreed that return from dividend are delicious. I'm preparing 200k to buy. See how DOW perform tonight than I decide later

I had been investing over 30 years of experiences. And been through so many crash and I still make profits from it. Not easy to let go when you bought high but we must face the facts too.

Zero rate happened during the 2008 crash. Why Federal reserve are cutting rate to 0% all sudden. Something very bad coming. I understand most of you stuck with your shares. But be realistic when recession hit it much worse. Either you stay defensive in stocks that have steady incomes and paid dividends or you can choose to sell out now and buy back at lower price. This way you can recover faster than to holding on.