@dragon328 most likely those retailers are speculators. Buy and sell hoping for a quick gain. Not surprised the same retailers who sold cheaper are now chasing to buy on the high.
Maybe another rerating kicks start by HL like what was happened before last QR where price surge to certain level then each IB then published the new revised higher target price
Genting denies any mobile casino investment. WHat a relief ….otherwise more shareholder ripping …..party related transactions, discounted share placements etc etc!
Genting denies any mobile casino investment. WHat a relief ….otherwise more shareholder ripping …..party related transactions, discounted share placements etc etc!
Coming qtr result must be very good { above market expectations } who knows YTL may surprised the market with a bonus split and special dividend for the YTL minorities
Last week i posted news from some foreign press that microsoft big shot will be coming to malaysia in May. At the time the price just had a littel run ars RM4.2-4.30….now the soike since last friday fuel more suspense and reasons to believe has to do with the data center….hope its goow news. As it is microsoft AI is already using Nvidia chips.
3x times in and out and everytime i wish i held it longer!! I don't think any negative new can pull it down. Congrats to those that hold to the moon and for those that sold, be happy with the profits! Waiting for the next retracement.
It’s better to watch the grass grow for companies such as Ytl and ytlp. Still haven’t unlock a lot of business potentials plus Francis Yeoh has a great family succession unlike a lot of other public listed companies with succession problems.
It was also severely over bought mths ago and weeks ago but still going up. Those RSI is for oportunit not really looking into the company’s business model. Purely hit and run
Technical chart is just a tool. Market sentiments, company growth and business earnings are much more relevant in today fast changing world. Look at Nvidia how a humble software developer with Jensen Huang at its helm charting it's own growth transformation into today world cutting edge A1 chips. Thier initial share price was at $12 per share in 1999. Now trading at a staggering $877 per share {excluding their share splits.}Yes always stay with a winner. Just my own 2 sen view point not a buy call
It's true that charts can only go so far in helping investors catch the big moves. Regret a little selling more than 3/4 of my continuously accumulated stake fr '16-'22 too low, but at least I still have a foothold, unlike hapless hopeless pang72, who got heavily involved in the $2 range BUT CABUT entirely for measly 10-30c gain, then laughed @ me for averaging UP @ 2.50-2.60 when it fell back to $2.45 in late Apr...now has to pretend to be happy but in reality, owns ZERO stake...😹
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Posted by thinakaran > 2024-04-28 18:37 | Report Abuse
https://finance.yahoo.com/news/ytl-corporation-berhads-klse-ytl-231204586.html
50% more undervalued!