Well, this is really it. No more positive catalysts to go on further. The economy is fully open (& CNY) and yet making a loss. This will be the norm rather than an exception.
All local and foreign investors' confidence will go rock bottom, even if your holding power is good, it will take at least another 2-3 quarters with good earnings for the investors to recover the loss of faith on this company.
market is unpredictable plus you don't really know how to analyze the QR. this qr already showing GenM is recovering greatly, smart people only know how to identify the gem and buy when people are fear
Loss is loss !! no excuses, no need cover up..... this QR really disappointed..... foresee it will drop to below 2.90 this month .... today closing 2.98 !!
huh.. i thought can profit this quater... since people mountain people sea at Genting .... skyworld average 2000 people per day... RM151 per ticket.... very thin raincoat RM15 each... manyak orang support :)
Loss is loss !! no excuses, no need cover up..... this QR really disappointed..... foresee it will drop to below 2.90 this month .... today closing 2.98 !!
Dont kid yourself, you will be lucky if it can hold at 2.80 tomorrow, this QR is a nuclear bomb in most Genm investors' mind. Unimaginable and unthinkable for Genm to have made a loss of RM142 million with lifting of MCO and opening of skyworld with crowds jamming the whole mountain, but it was all a deception.
After reading the QR, the losses were mainly due to higher depreciation and finance costs; most importantly, it was still taxed 31.2 million which means it is still making money. Unfortunately in accounting terms, a loss is still a loss and it will surely scare off investors and caused major sell off. I suspect there is an agenda orchestrated by Genting itself by bargain hunting or even attempt to buy back its shares at lower price. Do monitor the movement tomorrow and make sure you don't follow the sell off and fall into the trap set up by the ruthless and heartless mastermind.
BIG FUNDS SELLING. Small retailers in denial mode..As always, believe its conspiracy theory that pushes prices down not facts of continuous LOSS!! HAHAHAO
big fund selling drop so little? the fact is retailers panic sell and big funds collect silently. the vol is so so only 6m, which big fund got only so little shares?
many naysayers don't even have a single ticket on hand, just talk cock big fund houses won't bother come to i3, they will just silently buy if they see the good valuation on the stock
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....
leestar
372 posts
Posted by leestar > 2022-05-25 18:09 | Report Abuse
QR??