@bullmarket1628, 0.6% also so proud and noisy hahahaha.... the last 2 days market up 40 points, If you dont even have at least 10% up, you have missed out such opportunity..

Market up 40points d, those who went into cheaper small caps get way higher returns in shorter period of time.

I feel this is at the bottom already, with the political instability, the buying queue volume is in the millions. Another 1 month to vote on the government then we should see stability. Also good timing by September to vote moodin, as Oct is dividend month, so we should see something soon next month.

@investmalaysia777 It's not only death rate. But the backlog and strain on the healthcare system. People who don't die but end up with serious cases will take up the ICU and require even more care from nurses and doctors. Govt hospitals can't cope with all the people coming into hospitals non-stop. Oxygen are in low supply and they need to share cause of the low resources when everybody who are sick but not dead are hogging all the oxygen. If people die, they can wrap up and settle in a day, if you go into ward and ICU, you will take weeks and months before you get discharge, then everyday new people queuing to get admitted, but no space. That's the real problem, not the 1% death rate. Malaysia death rate also low, but why our covid hospitals so strained? This simple question was already answered right at the beginning of lockdown in March 2020.... it's a no brainer...

I already left when index was at 1630... Already warn you guys in July. Can see my post history. Now just monitoring for more clarity before re-entering again. Can buy genting at 4.0 as @Stocksafeplayer says... hope reach 4.0 so can buy genting lol

"Stocksafeplayer Hoping for 4.0 if more panic selling…. cash bullets ready ….like @GBH
04/08/2021 10:42 AM"

When I say market could go down to 4.2, you scold and shout and scream like upset madwoman who lose a lot of money. Then within the same hour, you contradict yourself and hope it goes down to 4.0. You have no consistencies lol.... Everybody here laughing at you in their heart... I snapshot your comment here cause narcissist like you will dwell on this and let you read this in embarrassment everytime you read this hahahaha

"@Stocksafeplayer What’s so big deal? Agong would decide as per Constitution lor… just wait la….

panic is good for stock market mah , in opinion of some richer investors.

Just yapping like uneducated telurgoreng means… just yappings only la…
04/08/2021 10:36 AM
"


Since you say panic is good for stock market, so you agree market go down is good news so we can buy cheaper right? In other words, you're agreeing with me but at the same time you wanna scold me? Why do you contradict yourself? You don't seem very educated at all, you come from which university? You sure you didn't buy your degree from wet market?

US covid cases actually rose back again because of anti-maskers and anti-vaxxers. They are going heading towards square one if you follow their news. I have never said genting is bad company. I know genting is ok, but you can get lower price, thats all. Everybody likes a discount.

I thought the mantra if making profit is to buy low and sell high right? From market condition, global index and political situation here, I am giving my opinion that market can go even lower and you can get good discount, hence buy low sell high. If you wanna argue that my opinion of buying low and selling high is wrong, are you telling me you bought RM5++ to sell at RM4++?

Stocksafeplayer feels so insecure hahahaha that's what happens to narcissist when they lose face. Everyday blow water, now deep red, so she has to deflect. From her way of commenting here, she sounds so vulgar and uneducated. Whichever university that she comes from must be paiseh having people like her using their name... so geli.. hahaha

It's understandably that you are bias. But the numbers don't lie. Whole market is in the red, I am just stating the fact that it is in the red and we don't see any signs of improving at the moment. I am also pointing out that US index is at the all time high and there is a risk that it will fall and causing spillover to global markets. Furthermore, our PM just lost majority and government is unstable.

IF you think the market is very stable and ready to pump in the next 2 weeks, please go ahead and buy more, nobody stopping you. Otherwise just keep quiet and look at the condition around you and the country. Accept reality and accept the facts. You think yesterday PM lost majority, the country issue will resolve itself in the next 30 days? Everybody in this chatroom knows you are deep in the red. Everybody here laughing quietly in their heart at you la... lol

Dude, the logic is right after the comma "..., cause global pandemic..." read the whole sentence, the logic already included in the same sentence in case you didn't read.

US Index so high and overpriced. We are already dropping from 1600+ to 1400+. Once the US Index comes down, you'll know what is red days.. Based on logic, US index should be 32-32k only, cause global pandemic not yet resolve, but share market keep pumping up higher than before pandemic even when many companies doing badly. It's inevitable that Dow Jones will be crashing one of these days. Now you think Bursa index at 1490 is very low, wait until Dow Jones crash, then you know what is low... The sentiment will flow over and you will see red days.. Oct - Nov is very conservative forecast. I expect it to flow into 2022..

Bursa trending downwards until Oct or Nov. After that see what's the next trend, whether continue downwards until 2022 or how... Genting should be able to reach 4.20 or lower.. Just be patient.

That Stocksafeplayer is a noob aunty, can ask if her name also happens to be Karen lol... everyday spam rubbish and expect people to actually read and swallow her nonsense. Her mental problem is real.... she must be very deep in the red for Genting shares, maybe she bought at RM5++ lol

August and Sept are usually good timing for YTL to rise, dividend ex date soon...

Could this be a pump and dump? They buy at below RM1, then release news wanna buy out to pump the price, then sell it but no intention to buy out anyway?

The volume so low, the price cannot sustain at this rate. Not enough buying interest at the moment. I think will consolidate below 40 cents until a later date when volume can pick up.

Now volume so low and the price only 45-46 cents, easy to manipulate it up or down. Sabar dulu...

lol who kena trap 30 cents?

do be careful tho. there is still no news or no indicator why the price rise. just monitor if u bought, in case operator dump kau you

They are investing a lot into production, machine and factories hence less money to be given out as dividends. The share is non-speculative due to most of the holdings are held by the directors and owners. Hence it is very hard to goreng shares like this. These are the "Tanker" shares, they can easily tank recession and outlast the smallcap counters.

If you prefer gambling and speculative shares, you're better off buying penny stocks as those have almost 0 returns and price swing wildly due to rumours and speculation. Depending on which type of investor you are, some people prefer insurance and banking, some people prefer healthcare, some prefer energy, some people just follow the wind and hype according to what come out in the newspaper during the moment.. Price movement may be boring, but this is for slow and steady, keep for long term or retirement kind like bank shares.

My take is, the share hasn't seen any bonus in over 10 years. They have grown steadily in terms of asset. Hence, I foresee they may issue bonus eventually when the industry recovers and we are in better financial situation. It's not like they're having debt problems or not-profitable. The share price is just boring cause most of the shareholding held by the owners and directors, so there is not enough public shares for operators to goreng.

Apex and YSP are both good defensive counters. But YSP seems to be the better value given the price and dividend yield.

wah RM5 buyer making a lot of noise here barking hahahaha.. i wonder how red is her portfolio hahaha!

Pls go report la... lou ah por... going around the forum scolding people, calling names, using personal attacks, belittling others... luckily I've met narcissists before so I know how to handle them.

Narcissists are like glass. They are hard on the outside, but u just prod their ego only, they start to breakdown and cry... then wanna call lawyer la, call police la, call all their 13 generation ancestors. But they have 0 rights to do that cause they leave a whole lot of trail of attacking others, so they are natural hypocrites. She thinks she delete the comment means she can hide it. She clearly is an old lady that doesnt know how the internet works. Nothing really gets deleted la.. there are logs and trash can to recovery history as well as daily backup for a website like this. Maybe you should have taken a degree in IT instead of RM5.20 degree la..

Your university teach you to buy high sell low ah?

lol pls go lodge police report cause i say you buy shares at RM5. Pls go, need me pay for your grab to go police station?

Don't be a hypocrite la.. you go around claiming we are all glove share buyers hahahaha.. Go look at my post history, I've never even touched or bought glove shares or commented in any glove forum before, cause I'm not interested..

Police also join me laugh at you for crying in online forum hahahahahaha!! I kenot... hahahahahaha

I'm very confident the old lady bought shares above 5 ringgit lol.. She's just jealous people are buying cheaper than her. Wait until the 20% drop to see more insane post and barks from her. Everyday hard about university and education as if she is the only person with a degree in this forum... I dont wanna laugh at her even though she bought above 5 ringgit. But she insist that we all laugh at her for buying high at the peak.. the more she bark, the more I laugh at her RM5 genting shares.. hahahahahaha!!

@TGMaster, maybe she bought at RM5.20, so now every night cannot sleep, she has to come here blow water try to rally people to buy into her nonsense lol.

Experience people in bursa and the people who has a lot of cash are not born yesterday, they know not to fight against the flow and not to swim up the waterfall like salmon fish... Market needs a lot of time to recover because it has run out of stamina after 1 year of rubbish govt policies which never fix the MCO. If we have singapore ministers, our market would be riding the bull already by now..

I mentioned it yesterday, now economy is very bad. A lot of people lost their jobs and used up their savings to stay afloat. Hence a lot of retailers go into penny stocks as the profit is faster from day trading and they want to maintain cash flow by hit and run. For genting with high priced shares, you need long term holders, which is few due to people wanting to conserve cash during these period. Hence volume is also lower and retailers go into penny stocks. U think 4.5 is low, wait until you see it goes 20% lower than that later.. our covid situation isn't improving at all and already breached 10k cases a day...

There is no info, people are just speculating... whole of bursa is downtrend sentiment cause MCO extended without end date. Daily cases above 10k. If u wanna gamble and try luck, can buy and try.

This is super cheap. Dividend announcement is 8 cents, current price means this is 4% ROI. NTA is well above 2.40. I just parked my orders to buy in, this is a really good steal.

@bullcock, yup. These people are the weirdos we see sometimes by the roadside raging shirtless at the lampost. As if their words can change the whole market sentiment. Don't get dragged into his narcissism episodes. Let him rage at the lamp post, we just wait at the bottom and buy cheaper lol. We make money by being patient, not screaming in an online forum and blow air to push the price up lol

apple168, no need to convince him. You cannot fix narcissism... he thinks 100% population contraction of covid is the solution to achieve herd immunity lol. He doesn't know infect people can get reinfected again with consequences and the impact of long covid. He is busy praising himself and liking his own facebook post like this https://imgur.com/a/1vGOKyc

@stocksafeplayer deleted his comments for the 3rd time.

Previous deleted comment timeline >> https://imgur.com/a/h9bt9sZ

Again deleted comments >> https://imgur.com/a/te8Dn3P

So insecure about how people look down on his behavior so he had to delete them. The proceeds to personal attacks and name calling >> Refer to the screenshot above.

This is the typical characteristic of an insecure narcissist. Too bad you cant delete my comments with the screenshots.

Lol you feeling so insecure so you're deleting your comments again and reposting for the 2nd time?

From the original 1st time you delete and repost at 3.15pm: https://imgur.com/a/h9bt9sZ

You just doubled down on your own insecurities hahahaha!!!

Please delete again and repost the same thing for the 3rd time, I already screenshot in case you need evidence on your insecurities.

Why did you delete your last 3 comments and reposted them with new timeline? insecure people scroll to the bottom and ignore your teenage tantrum?

@Stocksafeplayer, You've posted 9 times in the past 15 minutes, replying to yourself and trying to convince nobody about your insecurities.

On top of that, you resort to name calling and personal attacks. It shows you can't even engage in proper debate with people who have different opinion. You need to grow out of the teenager phase for people to take you seriously..

No need to deflect and deny that you're not a teenager in 3 different comments and post. We know you're not literally a teenager, but your attitude is. Take a step back and read back all your comments, then try to see it from the perspective of a third party who just came into this forum.

okok, u pro, let u win. The rest of us weak traders, wait for u at 4.20. U pro, go buy at 5.20. sorry boss, u are correct, we are weak traders waiting at 4.20 to buy ya.

Stocksafeplayer so insecure hahaha... I post once only, he has to post 15 times to boost up sentiment and justify everything under the sun so people can tahan genting price. U think all the sellers come this post to read your comment and buy genting shares? Bursa trending downwards la, already breached down the 400 day moving average last 2 weeks. Even if wanna rebound, going to take a few months. I never say genting shares cannot be touched and I never say we shouldn't buy genting. I said we can buy it at cheaper price because Genting will take time to recover. Go read my post la, dont be so insecure like teenager girl.. Whole of bursa is trending downwards, even blind man also can see that. Plenty of opportunity to buy genting in the future when prices matches to the recovery.

Many people savings also got wiped out by the economy closure for the past 1 year. They need to get jobs, start saving from scratch, fresh graduates have to get job and stabilise themselves. Market need time to recover, why need to rush in? If u think genting going to rebound to RM5 this week because you post 20 times here, maybe you need to go reflect on your thought process. Our difference of opinion here doesnt change the market one bit at all. The general population experiencing the current economic situation can judge for themselves. The price will reflect their sentiment. If everybody thinks genting is so profitable in the next 6 months, then go ahead and buy lo... free market ma... let them price go up can untung kau kau lo.. my words have 0 weight to bring down the price of genting shares anyway, but market decided to sell down cause of the weak economy. I'm just speaking on what's going on in front of my eyes, thats all.

U guys have bias opinion cause you bought into the shares. That is normal and this is an online forum, so everybody talk as they want here. But in reality, apple168 is speaking the truth. My family member works in HKL and I can tell you they have given up. They just cannot voice it out because of general orders, but at home when they speak to us, that's the reality. Even with the vaccine, you can still be infected with covid and that's because the vaccine was rushed urgently. We will need more time to improve the existing vaccines and get booster shots periodically after this. Borders won't be opening freely anytime soon, maybe just bubble travel to Singapore or Thailand only.

Genting will take years to recover, and that is an unbias opinion. This year all staff took 2 salary cuts, Lim Kok Thay also forgo his salary. They need to keep cash flow to sustain until everything is stable again. That will take years. Just wait for it to drop to pre-RM4 level, then can buy and keep at that price. Those thinking after vaccine in 3 months, then genting will open doors and run 100% full capacity, you are living in a delusional world. You need to look at hospital capacity and ICU wards, not just the daily infected numbers. If our ICU running at 110% capacity, no way you can open up the economy.

I think it's better if Genting go open hospital like KPJ or IOI. At least pandemic they can run 100% operational or at least build private hospitals like colombia and rent it out to clinics and specialist doctors. Then can mitigate their risk and operate in future emergency.

Don't forget, this is just Covid. We have had SARS, JE, SARS-2 in the past. Who knows if Covid-23 happens in 2 years time due to mutation from anti-vaxxers who refuses to vaccine? Then we go into new lockdown before we could even recover.

U go collect YTL also feel better, at least they have some fundamentals and their quarter report just out with good profits. Their current price is at the bottom with quite a lot of support... dividend is next month, so at least buy also u know have fundamentals or a limit to how much lower it can go. At current price, if they give out the usual dividend, it would be around 6%, which is quite good.

if got opportunity, better grab cash while you can... otherwise you become long term "holder" of the company. Economy is getting worse and MCO doesnt have an end date now. Bursa will be in bear market until 2022. Even if we can resume after everybody gets vaccinated, most people have their savings wiped out.. so people need years to get job, save again and build cash reserve to invest. Fresh graduate lagi harder to find job and wont be able to invest anytime soon also. Hold cash to be safe la in my opinion

@cchcch, some people might be selling because they need the cash for other purposes or business/expenses. Now MCO extended without end date, so cash might be tight and people will cash out in case of emergency lo..

After i look back and did a double take on the trading pattern and # of traders with the volume, I suspect they using multiple accounts to buy cheap, then resell at the top, then rinse and repeat. This is like the typical market maker/money changer pattern. NTA is only 5 cents, unless there is some big news, this is seriously overpriced as they have no ROE or dividends for shareholders buying this share. When Bursa comes crashing down, it all falls back to fundamentals. If you have no fundamentals, you're standing on thin glass plane. Anytime can break and fall without limit...

Major shareholders have inside info, all disposing. Got people here collecting falling knives?

Yea, could be a trap. I managed to hit and run, bought a bit and disposed all my YGL today with small profit. Moving on to another counter... come back when this counter drops below 18 cents.

Bursa is bearish for the next few months as well due to extended MCO without any definite end date. Good luck to you guys here ya.

The company is still doing well as of 31 March quarter report. Making profits during MCO and covid pandemic. Past dividend 4 cents per share. Current prices means the counter is 6% dividend payout. NTA is RM1.19... Can any sifu help explain why is the counter so undervalued?

Not sure if u guys realise or not, there is a lot of people accumulating this counter at the current prices. u see the # of buyers against sellers. Is there something going on? Why are people accumulating?

lol so salty, kena trapped 30 cents dah

I didnt buy 30 cents and im not the one complaining here lol... also why u call this counter rubbish and then buy it? everything you buy must LU only considered good ah?

No la, market overall slow sentiment. Bursa is expected to be down trending for the next few months.

As of now, the price is based on dividend, and the rate is about 3%+ so the price is in tandem with the quarterly dividend. Also one of the warrant expired, so i suspect CIMB suppress the price to pay less on warrant redemption.

Also, Digi signed the agreement with Axiata, but pending MCMC and government to approved it in the next 9-12 months, so it will linger at this range or follow bursa sentiment for the time being.

Lastly, the price is RM4, not 40 cents. Usually if companies have good news like this, the operator all come goreng goreng let it LU already, but because the share is RM4+, it's too expensive to goreng, hence less activity as you can see.

But if they manage to merge in 9-12 months, u can easily expect RM6-7 which is about 50% profit on capital. Long term after they stabilise and cost reduction from the merger, you can probably see RM10-11 if the combine profit meets the expectation with cost reduction from the removal of redundant stores and telco towers la.

u kena trapped 30+ cents ah?

See u all in September or October