“This has been one of the best months (so far) in the history of the Dow, suggesting the bear market likely ended,” said Ryan Detrick, chief market strategist at Carson Group in Omaha. “Big monthly moves historically happen at the end of bear markets.”
“This is the second Friday in a row we’ve seen aggressive buying suggesting investors are growing more comfortable holding over the weekend,” Detrick added.
Aiyooo, write one comment take how much time o? How to lose money in this stock? Fly from RM3 to RM5 leh during recovery theme. Got loose some in highlands la. But sikit je. What I say is fact. High debt in high interest rate environment is not good
You sound like someone that bought at rm5 and sold at rm3 thats why everyday bad-mouthing this stock. High debt leh you bought also?
Anyway talking abt rm3, I really bought over 1m shares at rm3 two years ago. Sibei soong ah that one trade made over 7 digit profit. Make money run liow I dont bad mouth this stock also. Thank you Genting. (No position in this stock now). All the best to Genting comrades.
Yes high debt. Two years ago was recovery theme when vaccine just rolled out. That’s why just buy genting won’t be wrong. Now recovery theme over. Now is interest rate theme.
I’m just reminding these are the problems the company going to face. Not really bad mouth. No doubt genting is a nice place. Congrats on your profits.
At that time, price was just below rm3. I did my research and took a bet that either Pfizer or Moderna vaccine will show good clinical results very soon. Hold less than a week only the Pfizer news came in and next morning huge gap up 3.30 and rallied up 20% to 3.60. Sibei soong immediately buy immediately huat. This is hallmark of a good trade. Must show profit immediately from the start.
No doubt GentB's debt has been high due to RWLV. During their last AGM's Q&A session, the management said most of their debts were locked in at fixed rate when rates were low. You can check back on this if you are free. They have a team of financial specialists to manage their debt risk as LKT much more worried abt high interest rates than you and me. Ha!
@angtaykor, yeah that was the greatest time. I did not buy the lowest. But anyway still sold most of it above RM5. Good to see they are hedging. But I don’t think so genting can go back up to RM6 and above in near term. Bad sentiment now.
Posted by Investmalaysiaa > 2 hours ago | Report Abuse @angtaykor, yeah that was the greatest time. I did not buy the lowest. But anyway still sold most of it above RM5. Good to see they are hedging. But I don’t think so genting can go back up to RM6 and above in near term. Bad sentiment now. -------------------------------------------------------------
Rm6 difficult la. That was just an illusion fountain TP by some cha cha aunty long time ago. Above rm5 LKT may start dumping again in large volumes (June 2022). Once bitten twice shy, whales wont want to swim near that zone. Maybe with some Taurx super good news, rm6 can. BTW Taurx's valuation is already bigger than GentB. Let the warrant exercise finish first before I start trading Taurx shares. Im getting interesting price quotes.
Yes her fountain delusions are legendary.... later I show you. Change userid to shareinvestor888 n LoseSSP liow. Later sure come out... wait... kekeke :p
Prompt warning was given by ATK just before the imminent collapse of share price back on 09/06/2022:
Posted by AngTayKor > 2022-06-09 01:01 | Report Abuse KIEN HUAT INTERNATIONAL LIMITED (a substantial shareholder) disposed 2,692,500 shares on 08-Jun-2022. KIEN HUAT REALTY SDN BERHAD (a substantial shareholder) disposed 3,026,800 shares on 07-Jun-2022. KIEN HUAT REALTY SDN BERHAD (a substantial shareholder) disposed 2,357,700 shares on 03-Jun-2022. KIEN HUAT REALTY SDN BERHAD (a substantial shareholder) disposed 1,200,000 shares on 02-Jun-2022. KIEN HUAT INTERNATIONAL LIMITED (a substantial shareholder) disposed 20,000,000 shares on 07-Jun-2022.
OMG what is LKT doing??? Really unexpected! ----------------------------------------------------------------------------------------------------------
Posted by WinSSP > 2022-06-09 11:33 | Report Abuse Interesting to see that resorts world’s cruises is registered in Singapore & that genting snowpark is remained unlisted….I guess if any tycoon wanted to takeover genting group, probably their first target is GB, mother share….so, it’s good news for confident investors but bad news if investors are not confident. -----------------------------------------------------------------------------------------------------------
AngTayKor > 2022-06-09 15:58 | Report Abuse
Of course better for professional cha cha dancers. 4 rounds of successful GenB trades this year.
Posted here last night that LKT selling his GenB shares in large volumes daily. Smart traders would have cleared their balance this morning. The fake investor whose average prices can auto drop can even give delusional talk abt M&A of GenB at high price.
Bear market cannot be greedy when doing risky counter- macrotrend trades. Always a good idea to "safety first" lock in some trading profits on strength.
I think retailers will kena con again by this Fed pivot story. Happened in July, its happening now in Oct. My stock trading friends all sharpening their knives getting ready to short again.
November 1, 20224:28 PM GMT+8Last Updated 6 hours ago China foreign ministry: unaware of situation after unverified social media posts lift markets Reuters
BEIJING, Nov 1 (Reuters) - China's foreign ministry said on Tuesday that it was unaware of the situation following a market rally after social media posts circulated an unverified document that said China was forming a committee to assess border reopening in March.
"I'm not aware of the situation you mentioned," foreign ministry spokesman Zhao Lijian said in response to a question at a regular daily news conference.
choysun, how mkt up when likely 0.75 % US hike tmr More rate hikes coming Dec. More rate hikes coming 2023 Fed won't stop rate hikes till inflation falls.
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....
Investmalaysiaa
300 posts
Posted by Investmalaysiaa > 2022-10-28 17:01 | Report Abuse
Ya ke? You got see floating rate loans or not