Posted by Michaelchan2024 > 1 week ago | Report Abuse

There is not much profit potential for sellers in selling Genting's shares right now..

Posted by Michaelchan2024 > 1 week ago | Report Abuse

The stock might drop a few more cents, potentially forming a double bottom...

Posted by Michaelchan2024 > 1 week ago | Report Abuse

ATK is selling ..to push down GenB's share price. 😆

Posted by neohts > 1 week ago | Report Abuse

We need to teach the shorter a lesson.

Posted by Pinky > 1 week ago | Report Abuse

Oi Michael, don't treat forum like Chat/Messenger la, please group your replies

Posted by Michaelchan2024 > 1 week ago | Report Abuse

😂

Posted by Michaelchan2024 > 1 week ago | Report Abuse

The price movement of Genting corresponds with Singapore reits. I have been observing this for 2 years now. Singapore reits are recovering. Hold tight onto your GenB shares..

Posted by speakup > 1 week ago | Report Abuse

Genting is not only Casino lah. Go to their website, they also do Property, Power, Healthcare.
In fact they own a few power plants across Asia

Posted by kkl123 > 1 week ago | Report Abuse

Genting down is because of COVID25

Posted by Johnchew123 > 1 week ago | Report Abuse

Game over = Genting , 200 MA break down , Gen M already Game over since 1 month ago , now Genting game over , QR August decrease gurantee drag price to 4.30 , sleeping another 3 month until NoV ,
Smart investor Buy contruction let profit run , situpid investor buy Genting ,let losses run

Posted by Michaelchan2024 > 1 week ago | Report Abuse

My view on the factors that might affect confidence in investing in casino stocks two months before expected rate cuts:

Factors Supporting Confidence:
1) Expected Rate Cuts: The anticipation of rate cuts suggests a more accommodative monetary policy, which could stimulate economic activity and consumer spending in the near future.
2) Recovery Trends: Positive signs of recovery in the tourism and hospitality sector could bode well for casino stocks.
3) Historical Performance: Historically, rate cuts have often led to improved market sentiment and higher stock prices, particularly in sectors sensitive to consumer spending.

Factors Reducing Confidence:
1) Current Economic Conditions: If the economy is currently weak with rising unemployment and low consumer confidence, it could negatively impact discretionary spending, including gambling.
2) Market Sentiment: Poor market sentiment and uncertainty leading up to the rate cuts could cause volatility and downward pressure on casino stocks.
3) Specific Company Performance: Not all casino companies will perform equally well. Company-specific risks, such as debt levels, management effectiveness, and competitive positioning, need to be considered.

Posted by Michaelchan2024 > 1 week ago | Report Abuse

Balanced View:
1) Short-Term Volatility: Be prepared for potential short-term volatility as the market reacts to economic data and speculates on the Fed's actions.
2) Long-Term Potential: If you believe in the long-term recovery of the economy and the tourism sector, investing in casino stocks now could provide opportunities
3) Phased Investment: Consider a phased approach to investing, starting with a smaller position and increasing it as more economic data becomes available and the impact of rate cuts starts to be felt.

Conclusion:
Given the mixed factors, a cautious but optimistic approach may be warranted. Monitoring economic indicators, company performance, and market sentiment closely over the next two months will be crucial in making informed investment decisions in casino stocks.

Posted by Michaelchan2024 > 1 week ago | Report Abuse

只有炒股赚了钱的人才会大声骂别人傻，但也没必要骂别人傻....因为那是别人家的事..

我们愚蠢不是因为我们投资了云顶，而是因为我们无法理解全球尤其是美国加息和降息的经济周期对博彩业的影响。

2022年初，美国开始加息，云顶股票下跌，所以我们入市买入云顶..... 我不知不觉地拥抱了他两年。

云顶的股价两年来一直在4.00至5.20之间波动。 。現在美国要降息了，还有人想把我们挤下车。你们的良心不会痛么？

Posted by Michaelchan2024 > 1 week ago | Report Abuse

云顶的股价在2021年底下跌....(從5.20下跌至4.40). 全世界和美国是在2022年2月开始加息……剩下的就是历史了。

Posted by AngTayKor > 1 week ago | Report Abuse

Posted by Michaelchan2024 > 4 hours ago | Report Abuse
ATK is selling ..to push down GenB's share price.
-----------

Please la @Michael, which stock market guru taught you to buy high sell low??? If Im trading this stock recently, I would have sold at 4.80+. Some months ago there were people here talking abt selling at 5.20, 5.50, 5.80 etc. I knew most of the time the crowd will get it wrong and my chart is telling me around 4.90 is the conviction sell zone.

Posted by sonyx123 > 1 week ago | Report Abuse

OTB is right. Bad results drop, good results also drop. Whether some hidden hands intentionally does all this to shake people out which some might say, or just fundamentally lacklustre interest in this gaming theme already

Posted by KooSan > 1 week ago | Report Abuse

Niama shortists short kaw kaw

Posted by rickygiam > 1 week ago | Report Abuse

LKT wont push up for everyone make money, looks like going down 4.30... lucky early already changed to tenaga... GenB cannot go up for quite some time..

Posted by newbie2019 > 1 week ago | Report Abuse

wait for 4.4 first

Posted by curiousq > 1 week ago | Report Abuse

mati loh ..... LKT only good in taking high salary and let SH die

Posted by neohts > 1 week ago | Report Abuse

When shortists short enough and collect enough at lower price.
Shortists will push the price up again to 4.80 before Q2 2024 result announcement.

Posted by Pinky > 1 week ago | Report Abuse

Let me answer on behalf of LKT:

"Market movement is not within control of the Company."

Posted by Johnchew123 > 1 week ago | Report Abuse

Game Over = Genting , this stock no local n foreign BUY , situpid investor buy let losses run
Local n foreign fund all in contruction stock since second half 1 July start ,smart investor Buy let profit run
200 MA sudah koyak follow GenM ,now slowly plunge
Curent share price slowly plunge reflect QR August decrease ,once confirm decrease profit , 4.30 gurantee touch , sleeping another 3 month until further notice

Posted by Michaelchan2024 > 1 week ago | Report Abuse

由于 Covid-19，美国在 2020年开始降息…从 2.5% 降至0.25%...云顶股价从2.98谷底上涨至5.2+..

过后, 全世界和美国在2022年2月开始加息....而云顶的股价是在2021年底下跌..… 剩下的都是历史了。

Posted by Michaelchan2024 > 1 week ago | Report Abuse

https://finance.yahoo.com/news/suddenly-theres-talk-3-rate-024500987.html
Suddenly, there's talk of 3 Fed interest rate cuts this year

Posted by speakup > 1 week ago | Report Abuse

Malaysia did not raise t
Interest rate above pre COVID level so our interest rate will not drop

Posted by curiousq > 1 week ago | Report Abuse

Don't be naive, price movements always under the endorsement of big boss, especially wide range movements

Posted by Carrensoo > 1 week ago | Report Abuse

All green today except genting

Posted by rickygiam > 1 week ago | Report Abuse

Waiting to buy 4.3..

Posted by ocbc > 1 week ago | Report Abuse

Be greedy when others are fearful ! US is cutting rate soon...Cheers !

Posted by keyman > 1 week ago | Report Abuse

Then? Hot money will still stayin their own country as they have the greatest tech. Cos. in the world... Whats benefits us... Japan will be the next paradise to them.

Posted by Johnchew123 > 1 week ago | Report Abuse

Smart investor follow local n foreign fund buy contruction stock let profit run since 1 July , sttupid investor buy n hold Genting let losses run , very funny

Posted by keyman > 1 week ago | Report Abuse

Smart investors looking to buy in deep.. Hold.... and one day sell them to those who wants to

Posted by Michaelchan2024 > 1 week ago | Report Abuse

Look at the volume..panic selling detected. large investors pick up GenB at cheap prices.. really speechless

Posted by Johnchew123 > 1 week ago | Report Abuse

Smart investor only follow banker let profit run, smart investor forever didn’t BUY cheap ,
Only situpid investor buy cheap ,average down BUY. , a lot , this common sense , Ikan bilis always like , buy cheap n average down , they think 1 day can rebound .sell all , waiting 1 day , waiting 1 month , waiting 1 year , waiting 2 year , still cannot rebound , u know why ? because this stock already go enjoy Holland trip

Posted by Michaelchan2024 > 1 week ago | Report Abuse

Look at the volume..who are buying, small retailers? Ikan bills?

Posted by Michaelchan2024 > 1 week ago | Report Abuse

I know, must be keyman sifu buying..

Posted by Michaelchan2024 > 1 week ago | Report Abuse

One more day for big buyers to accumulate tomorrow.. so wait till tomorrow kah?

Posted by keyman > 1 week ago | Report Abuse

You know the price I wish to.... and bullets are ready....

Posted by Michaelchan2024 > 1 week ago | Report Abuse

https://youtu.be/a_Q0Ez52xrY?si=y31H8CZQJRWp_5-w
Sifu has already hinted.. buy at 4.50

Posted by Pinky > 1 week ago | Report Abuse

I "accumulated" YTL when no one wanted it at 50-60 sen... :)

Posted by Michaelchan2024 > 1 week ago | Report Abuse

Congratulations, Pinky, for your courageous decision and making a big profit from your investment.

Posted by Michaelchan2024 > 1 week ago | Report Abuse

Now, we are waiting for the big boss Lim to pull out his magic formula

Posted by keyman > 1 week ago | Report Abuse

@ Pinky same with me. So whats your next target? Despite Genting... Genting still need to observe its transformation. It may take years

Posted by Michaelchan2024 > 1 week ago | Report Abuse

投资其实是一个孤独的旅程，但不一定孤独..只因有大家相伴

Posted by VincentTang > 6 days ago | Report Abuse

JPMorgan upgrades Malaysia amid economic reforms, renewed investor confidence, data-centred investments.
Foreign money is coming back to Malaysia.
https://theedgemalaysia.com/node/718568

Posted by KooSan > 6 days ago | Report Abuse

LKT no eye see. Because he got nothing to scare. Good profit will come starting next year.

Posted by raymondroy > 6 days ago | Report Abuse

way i see it..... genb especially and also genm to some extent are gems in the workings, just waiting its time, as the profits will surely some back, as GDP grows, china visa open thingy, and genb is trading at lowly 12x PER at current profits and profits are expected to grow surely, but question is how long the wait while other peers in construction, property and utility are moving up fast.... happy hunting :-)

Posted by Pinky > 6 days ago | Report Abuse

@keyman nowadays almost everything flown high already, hard to fish for good laggards

Posted by neohts > 6 days ago | Report Abuse

Can see light in the tunnel.