hold till CNY2023, believe that time China will be opened and China will flood the world. GenM casino will day day full house as China will do the revenged travelling after being locked down for so long
China as a whole lost about $500Bil in Income ( mostly hit small Biz which is the source of Tourist dollars ) during Covid Lockdown. I think Tourist dollars going out-wards is Limited but in-coming Tourist dollars into China is quite substantial as Foreign money started to flow back to re-activate Foreign Biz and Tourism
4D special draw limitation is hinted that the non are allowed to gamble, legally. If one is to think positively, casino is continue to be allowed to operate too.
Genting and its casino is important for tourism industry, surely the new minister of tourism Thiong King Sing would object to the closure of the casino, if there is any proposal from the new cabinet.
the new tourism is same like Nazri no bs guy ... so i would say Genting in the safe hand .. i think today is a knee jerk reaction would surely will go in if goes low more ... was watching on sidelined for genting for a long time now all in ... buy for Q4 2023 till 2024 .. long term .
Maybe some ppl bought at 2.98 selling leh? Cash out to bring family for vacation leh? Cash out to buy that dream house? Don't get attached to daily price changes lah
I also wonder why keep on dropping something not right would DSAI will do another LGE by increasing the tax despite long term prospect intact but seems odd to drop almost every single day by 10 cen lately .
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....
FutureGains
10,734 posts
Posted by FutureGains > 2022-12-04 15:03 | Report Abuse
tmr. PH BN would most probably cause klci to drop 25