The US economy is expected to remain slow in 2024 as leading banks and economists project the GDP growth between 0.5% and 2% for 2024. JPMorgan Chase & Co. (NYSE:JPM) forecasts a conservative growth rate of 0.7%, while the Conference Board estimates growth rate of 0.9%.
Malaysia records 26 million tourist arrivals from Jan 1 to Nov 15, says ministry
Tourism, Arts and Culture Minister Datuk Seri Tiong King Sing said he hoped tourist arrivals will continue to increase following the implementation of the 30-day visa exemption for travellers from China and India from Dec 1.
The tourism sector is projected to pick up significantly next year, surpassing pre-pandemic levels in terms of international tourist arrivals.
Tourism deputy director general (promotion) Datuk Musa Yusof said this is due to better flight connectivity and the potential increase in visitors from India and China.
When will people realise improved business performance has nothing to do with share price movement particularly in Malaysian stock market. We know business performance has recovered well…and tourist numbers etc all up significantly, Chinese visitors up, political risk low, all other noted reasons for poor performance have been largely addressed…though debt levels are high. Cost control could be improved but major shareholder not concerned , governance is poor….a real catalyst is needed to lift performance …otherwise it will remain in doldrums ….
Technically Genting looks like is drawing a bullish flag pattern, measuring first leg (4.71-4.01=0.70) to add on rebound point 4.55, short term target may be around 4.55+0.70=5.25, which is bodes well with price target of many investment banks
China expects 1.56m daily cross-border trips in 2024 New Year holiday
The expected increase in travel during the upcoming holiday season approaches 90 percent of the levels recorded in the same period of 2019 before the pandemic
Q4 and total 2023 results in February 2024. Share price sure go north. Expect dividend better than last year. Genting Berhad are for long term investment.
Nasdaq 54 % return, india 18% japan 28 % circa…and we are simply struggling to get going…even if HK / China ,ark et recovers no guarantee Genting will follow…!
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....
choysun
4,502 posts
Posted by choysun > 2023-12-27 16:45 | Report Abuse
Got show today ah?