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
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.
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 > 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.
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
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..
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
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.
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
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
JPMorgan upgrades Malaysia amid economic reforms, renewed investor confidence, data-centred investments. Foreign money is coming back to Malaysia. https://theedgemalaysia.com/node/718568
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 :-)
If the US IPO is successful, Boss Lim may take home another RM100 million salary, bringing his total potential salary after the US IPO to RM292.647 million. This could lead to more unhappiness among shareholders, so it might be better to avoid the US IPO 😂
GenB's share prices have been moving in tandem with Wynn Resorts and Las Vegas Sands for 2 weeks now. It's time for these casino stocks to rise after the June CPI unexpectedly decreases and the 10-year Treasury yield dives. Congratulations to those who added today..
My aunt, on Leqembi for early Alzheimer's, just died. She suffered an hours-long seizure in her bed. Her friend broke into the apartment and got medical help. Discovered to have many brain microhemorrhages and edema. Dead within 24 hours. 12:52 AM · Jul 11, 2024
At Resorts World Sentosa... crowd at the entrance of casino continues unabated人潮不減 and Universal Studio is still full of people..依然是滿滿的人潮。 GenS should be able to see gold dollar... soon.
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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....
speakup
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Posted by speakup > 2024-07-10 10:29 | 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