What happens to Dow has no impact on Genting share price if it had we would be well north of 5! Genting shareholders are strange breed and in particular the problem is the owner stills owns far too many shares hence risk to share price as it can be unloaded any time and in addition there is no effort to market the share price as normal CEO’s f companies do!
Buying a great company (Genting) with a robust outlook at a cheap price is always a good investment. Genting's earnings over the next few years are expected to double, indicating a very optimistic future ahead.
Europe and US March on and Genting share price struggles….one would have trebled their investment in 2023 had they invested in certain counters in US and Europe including U.K. Despite dire economic situation this means companies like Genting are for the major shareholder to withdraw wealth of their time of choosing they are not perfect investment vehicles for public investors.
Misinformation a concern as respiratory illness surge in China triggers COVID-19 memories
It’s natural for people to be concerned about whether the rise in respiratory illnesses in China might possibly herald a repeat of the COVID-19 pandemic. But misinformation might be the more dangerous problem, says NUS Saw Swee Hock School of Public Health’s Hsu Li Yang
Technically testing double bottom neckline 4.56, it is time to add for those interested. Flu like infections won't developed into pandemic because the pathogens are all known pathogens. Due to cold weather and last year pandemic quarantine, people especially children in China lack of natural immunization, thus it is time to develop natural immunization. Travel to hot weather countries like Malaysia can prevent getting into flu and severe infection
Don't worry. 'Mysterious' flu is just common cold and flu caused by influenzas, covid, other viruses and mycoplasma that people develop when weather change, lack of natural immunity due to prolonged quarantine, it won't cause border to close again.
I hear so much illogical stuff….like Chinese tourists will make a difference, flushing out weak shareholders, window dressing, keep buy on weakness ….! The reality the share price is based on supply and demand more sellers than buyers irrespective of underlying business performance ..the price will drop. Here lies the problem, who is selling all the time? This is typical of share ownership with one single shareholder….most institutions keep,for long term investment….. so this constant selling is on instruction for sure ….
The final week of December 2023 (window dressing) and the first month of 2024 (restructuring of portfolio) will help the blue chips counters. And the long awaited February 2024 (positive announcement of the 4th quarter results) will be an upward trend. I think by that time, the particular stockist seller mentioned by Riaz1954 should have sold all his/her shares.
When d general mood of d market is bullish, there’s little to no room for d bear to roam around. They hv no choice but to go into hibernation temporarily. Everything is just temporary only. The Universe is very fair to all as it rebalances everything over time. Unhappiness w become happy again and, vice versa. Do not worry/complaint too much abt anything tht’s beyond our control and, b happy and appreciative of watever we hv at present moment. Time is needed to realize our wishes, ONLY if we’re destined to hv those wishes fulfilled/granted. So, those sellers will not b in d way of GenB’s upward ascend eventually.
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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....
Michael_chan2022
3,349 posts
Posted by Michael_chan2022 > 2023-12-02 14:36 | Report Abuse
Betul, Genting is still in the recovery game. Tetapi..., let's see what Shelby Cullom Davis has said :
"You make most of your money in a bear market, you just don't realise it at the time".
Have a nice Saturday afternoon 😊