I bought GenB around RM3++ during pandemic and still keep it till now and forever. GenB can give around RM0.20 DPS historically. So why need to worry about the stock price, up can't sell and down also can't touch my price. Just make sure you buy stock only during economic crisis and not for sell and this isn't a secret anymore.
genting boss purposely plot this to make the Q1 looks bad, when come Q2 the qoq and yoy all 3 digits percent. kaboom, genting price flying to the moon by then. let's wait Aug22
RWLV still underperform (inflation eat profit), GenS still empty (no china tourist), GenM lose 1month tourist (Apr fasting month)..left GenP to support
Dont forget their 30Bil debt (2020 only 20Bil) need pay with interest rates up alot starting Apr
The bottom price was 2.91 in October 2020. Highest for the last three years was 5.82. Due to covid-19 lockdown for two years it will take at least two more years to heal it's wound, if anybody can wait this long.
Two years holding.... Tangan gatal.... Up down up down..... See angtaykor making money.. Need to take profit lah... Haha ha --------------
A bit busy as I was focusing on the market just now. Always good to lock in some trading profits along the way as I suspect good Q1 result probably priced in already. BTW those are from my real trades. Gone were the good old days of 7 digit profit and I have lowered my expectation.
---------------------------------------------------------------------- May 24, 2022 1:25 PM | Report Abuse
Price action today looks like mirroring last friday's action. On short term, trading range may be between 4.50+ to 4.90+. Good Q1 result could be largely priced in already after a big rally so need to be cautious on sell-in-news syndrome.
------------------------------------------------------------------- May 26, 2022 12:53 PM | Report Abuse
Posted by Income > 1 hour ago | Report Abuse
Sifu ATK, thanks for your comment. ----------------
The market already gave its view on GenP's Q1 result, breaking the rm8 support with a 5% drop in share price this morning while KLCI still green. ----------------------------------------------------------------------- May 26, 2022 1:51 PM | Report Abuse
Posted by Sharefisher > 20 minutes ago | Report Abuse
Angtaykor, you worry genting will rocket up after QR? You sold already? ------------------
Always a good idea to lock in some profits along the way. You never know what will happen next in the current bad market condition. After a huge rally and expectations for good Q1 result is high, the risk of a sharp drop becomes higher. I have to manage my risk and position size. If Q1 result is stunningly good and price rally higher, heng ah. If Q1 result below expectation and price drop, heng also and quickly exit the balance. Safety always come first for me. The market will always be there to make the next investment or trade. But I have to make sure I survive (protect my precious capital) and doing ok (making more money than lose) in order to capitalise on the next opportunity the market offers.
TauRx good news, up TauRx bad news, down, Next QR bad , down Next QR bad but got dividend..... Good but how to survive without profit. Next QR good with dividend.. Rocket up..... Anything can happen, happy investing.
Time value of money? Apa ini? Buy glove (money gone), buy technology (money gone), buy plantation (money little bit gone). Buy Genting below 4.00, dividend coming every year!
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....
emsvsi
3,514 posts
Posted by emsvsi > 2022-05-27 10:03 | Report Abuse
WELCOME ALL NAYSAYERS TO GENTING THE LAND OF DREAMS