You must understand, glove stocks may or may not rise, however what is proven is that the sector is cyclical and subject to one-offs
What is not one-off is Gaming an Genting (3182). After all, gambling is human nature and is as old as Man himself.
In fact, with all the other travel and tourism stocks closing due to the pandemic, Genting's attractions in Genting Highlands, US & Bahamas, UK & Egypt will be that much more attractive - as the aphorism goes, 'what doesn't kill you, makes you stronger'.
As such, we hope that all investors to take position in Genting before you miss the boat on the greatest bull run in Genting's history
1971 Genting Highlands Opens 2021 50 Years of History and Growth
2009 Global Financial Crisis 2020 Covid-19 Pandemic
2009 Year of the Ox 2021 Year of the Ox
2010 Resorts World Sentosa (SG) opens 2021 Resorts World Las Vegas (US) opens
2009 Mar RM3.08 (low) to 2011 Nov RM 11.98 (all time high) 2020 Nov RM2.95 (low) to 2022 Xxx RM ????
Daily MACD shows a buy signal and both red and blue lines are above zero level. This indicates a very bullish buy signal.
The present chart pattern of Hiaptek will form a Cup And Handle Chart. Please note that Parabolic SAR buy signal (Green ball) has appeared 6 days ago. The pivot line of this Cup And Handle Chart is at 0.615. The share price has to clear 0.595 first, then the 0.615 major resistance line. Once the 0.615 major resistance line is overcome, the Cup And Handle Chart is formed. The slogan for a Cup And Handle Chart is "the sky is the limit".
I still have high hope on Hiaptek, I hope this stock will not disappoint me. Thank you.
Indeed China is tighething it's steel manufacturing! So Malaysia should capitalize on this! Should one buy steel stock like Hipatek! Decision is yours! Follow OTB! He wrote about Hiaptek back in July! And of course Grandpa Koon came in attacking, humiliating him and took credit for Hiaptek!
The share price of Lionind performed better than Hiaptek despite there were no profit in the last 2 quarters. Hiaptek reported record PAT, the share price of Hiaptek is cheaper than Lionind. The share price of Hiaptek is really undervalued. Thank you.
Facing limitation (steel capacity, electricity supply, carbon neutral, pollution concern) at China, the major shareholder of Eastern Steel (JianLong) definitely will pour in lots of money to expand Eastern Steel!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....