It seems lockdown is better for genm, the case will drop plus with increase in vaccination in Jul. Additionally US, UK open for casino to operate. Light at the end of the tunnel. Cheers!!
Today GENM maintain and up due to speculation of the AGM that will be held by 2jun....but sorry to say that just annoucement all GENM and GENM will pospont the AGM till further notice due to lockdown matters...
Wow, lucky that I managed to collect at 2.77 that day. The price now start to move up fast. And for those who waiting to collect below 2 or 1, maybe need to go and buy genm warrant :).
Nothing is wrong. You can't outsmart the market. That's why 90 percent of people invest in stock all lost money because they thought they can outsmart the market.
Look beyond Malaysia market for genm, they have many other subsidiaries oversea. UK and US seem to be out from covid situation and start to allow casino to operate. Many smart investors here collect at this price and can enjoy a good return later when Malaysia reach 40-50% vaccination which should be in next 4-5months. We can US as our reference.
stock up or down because of shark, not lock down. 90% of ikan bilis like to follow News and QR. Love to fight shark too. That's why keep on pay tuition fee
Still the people r not responsible… cases high again .. if this situation continues.. genting will be last 1 to open .. most probably in 3rd quarter 21
the sentiment good in US and EUrope, cases down...in US, its about 5k ++, lower than us.
It proves LKT decision to invest in US is fruitful now...
Later, if our cases down back due to FMCO, and situation gets better, I bet GENM would go 3+...then another wave should push it to rm 3.5+ if the FMCO back to MCO in up coming nmonths, plus vaccination roll out sped up.........
It may happen, and among most recovery bluechip, this is one with alot of upside rise to go...
Its very hopeful. Guys hold tight.
DIsclaimer: own sharing, not a buy call or sell call. invest on own risk.
3 near term catalyst, reversal of impairment for wampanoag investment, full casino license for Genting New York and break even profit for empire resort and abnormal profit for Genting New York due to full opening.
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....
limkokthye
6,039 posts
Posted by limkokthye > 2021-05-31 11:07 | Report Abuse
mana 1.89 ???? mana 2.00??? i ready a big big net ready to sapuing all the panic fish