Much has been shared by @Riaz1954 tht stock price appreciation is not being influenced by biz performance alone but more importantly, by who’s controlling its movement. Excellent biz performance may not necessarily move a stock price unless its controllers including market makers say so. The rest of us cud only speculate and tht’s all we cud do. Happy speculating 😊.
Cos I have limited capital. Just be able to choose one out of two. With holding Gent I would be able to enjoy profit generated by GenM indirectly. Dear my sifu 😉
To all Sifus and shareholders: Kung Hei Fat Choy. I wish you and yr family A Very Happy, Healthy, Prosperous, Successful and Thunderous Year of the Wooden Dragon 🐉🐉🐉🐉🐉🐉🐉🐉. May all yr dreams and wishes be fulfilled for many more generations to come. Hv d most happy and enjoyable festivity ever. And lastly, May God Blessed you bountifully and every step of d way. Cheers!!!
I do believe in myself but that confidence does not extend to Genting however. But still we hope that we can make a return in a tight band …..share price totally controlled ….despite many Singaporeans rushing up to Genting resort driving like maniacs makes no difference. Watch out for big correction as that may be the moment when sudden uptick comes.
Genting is trading at a premium price now… why not buying below 4.30 but now? Hmm… worth the chase? haha… those who bought below 4.30, we r laughing to the bank!
Alamak, RM4.30 to RM4.90 is only a 60 sen or less than 15% gain. If you had bought YTL Power 2 months ago, you would have made 60%. Those who have bought UEMS several months ago are laughing all day.
Gamuda and Cimb motoring along …different type shareholders and of course better governance altogether …! We still have some hope with but it is not in the laps of ordinary shareholder but those who own 40% of the stock! They control the destiny of the where the price goes. If they need money for new private adventures we had it …they may source funds by disposing of large chunks of shares or pay themselves very high dividend instead of paying off debt …these are challenges with this stock.
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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 > 2024-02-08 23:11 | Report Abuse
https://www.cnbc.com/2024/02/08/were-buying-more-of-this-casino-stock-with-macao-back-on-track-and-vegas-on-fire.html
We’re buying more of this casino stock with Macau back on track and Vegas on fire
Those who sold the stock today will regret it