I will panic buy if it is attractive.. Panic sell?? Sorry I dont know him whos that guy? Sifu michael shift some sg dollar here.. Your purchasing power must be very solid like a castle...
Suddenly...Genting management has met shareholders on two occasions last month.. during the AGM online meeting and face-to-face during the announcement of Genting's transformation strategy and the latest TauRx development. What signals or messages does the management want to convey??
I'm with Pinky too, GENTING and YINSON are now my favourite heavy-weight laggards waiting for a couple of consistent quarterly earnings delivery before can take-off meaningfully .. I've fully exited Mr. DIY and KENANGA, taking cue of the heavy selling by its CEO & management team; and the funds shall find its new host in GENTING & YINSON ya .. Thank you and God Bless :)
PH kalah teruk pilihan raya kecil sungai bakap, monday KLSE akan jatuh teruk, people are clearly very angry with PH government now. People wish to have general election now to throw out PH government.
i think Political view is something that ordinary person malaysian is fetch up with it. How malaysia going to sustain ging forward is mor important. Increase your competitiveness, read more, talk less will help... Malaysia is to many goverment servant which make the goverment not effective...
Analysts have been predicting a net income of 867 mlns for GenM in 2024. With an income of 57 million in Q1 2024, it is expected that GenM will achieve the remaining 810 million over the next 3 quarters, averaging approx. 270 million per quarter
Predicting Genting's income is like picking a multiple choice question.
For GenM, the options are: - 開小小: 200 - 250 million - 開大大: 250 - 300 million - 開大大大: 300 - 350 million For GenB, the choices are: - 開小小: 500 - 550 million - 開大大: 550 - 600 million - 開大大大: 600 - 650 million
Copy and paste:in general, lower interest rates can benefit the U.S. economy in the near term by stimulating economic activity. Here are some of the key benefits:
1) Increased Consumer Spending: Lower borrowing costs for loans and credit can encourage consumers to spend more on goods and services.
2) Business Investment: Reduced interest rates lower the cost of financing for businesses, potentially leading to increased investment in expansion, new projects, and hiring
3) Housing Market: Cheaper mortgage rates can lead to more home purchases and refinancing, boosting the housing market and related industries.
4) Stock Market: Lower interest rates can make equities more attractive, potentially leading to higher stock prices and increased investor wealth.
5) Debt Servicing: Lower interest rates reduce the cost of servicing existing debt for both consumers and businesses, freeing up resources for other expenditures.
However, it's important to note that the benefits of lower interest rates come with potential risks and trade-offs:
1) Inflation: If demand grows too quickly relative to supply, it can lead to higher inflation.
2) Asset Bubbles: Prolonged low interest rates can lead to asset bubbles in markets such as real estate and stocks.
3) Debt Levels: Lower rates can encourage excessive borrowing, increasing debt levels and financial vulnerabilities.
Overall, while lower interest rates can provide a short-term boost to the economy, careful management and monitoring are required to mitigate potential long-term risks.
Lower interest rates that boost consumer confidence and spending can be beneficial for the gaming industry in the Las Vegas, the resort world New york City and Genting. Here's how:
1) Increased Discretionary Spending: With lower borrowing costs and potentially more disposable income, consumers are more likely to spend money on entertainment, including gambling and other activities offered by casinos and resorts in Las Vegas.
2) Tourism Boost: Lower interest rates can lead to overall economic growth, which often translates into more people travelling and spending on vacations. Las Vegas, being a major tourist destination, can see increased visitor numbers.
3) Hotel and Casino Revenue: Higher consumer spending can lead to increased revenues for hotels, casinos, and other entertainment venues. This includes spending on gaming, dining, shows, and other attractions.
4) Investment in the Industry: With cheaper financing, companies in the gaming industry might invest more in renovations, new attractions, and expansions, further drawing visitors and boosting the local economy.
Overall, a more favourable economic environment driven by lower interest rates can positively impact the gaming industry in Las Vegas, New York city through increased consumer spending and investment.
Looking back at US historical interest rates, the gaming industry experienced many prosperous years from 2009 to 2016. This period followed the reduction of the US interest rate from 5.25% in 2007 to 0.25% in 2009, which remained low until 2016. During this lower interest rate environment, US gaming stocks surged, performed well, and enjoyed several years of growth..
If all these factors align positively..., it could be the best timing to invest in the gaming stocks now. Lower interest rates are expected to increase consumer spending, tourism, and revenues for hotels and casinos. Additionally, gaming companies might invest more in improvements and new attractions, drawing more visitors and boosting the local economy.. yes, Genting to the 🌙... soon.
Singapore is taking important steps to upskill its tourism workers... which offers training and educational programs. This helps prepare the workforce to handle the growing number of tourists. With visitor numbers rising significantly.. these efforts will ensure Singapore remains a top tourism destination. Resorts World Sentosa boleh! GenB boleh!
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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....
Michaelchan2024
1,232 posts
Posted by Michaelchan2024 > 2024-07-05 14:40 | Report Abuse
Price dropped 6 cents, plus today is a Friday.. why is there no panic selling? Interesting.