It's okay... no one can predict future events. Who would have known about the occurrence of the COVID-19 pandemic? Also, no one can accurately predict ...the bottom of a stock
ivanlau if you no confidence just sell your share your sistuation same like ytl when RM1 drop to 0.500 u ignoring the value of company just focus on stock price . share price reflect is just matter of time if you no confidence keep topup average down then just sell . 天哥 is telling the value of company what if next time go RM4.00 ?
GenM is on a profit growth trajectory after Covid era. Should do better in coming quarters. I don’t like related company funds transfer and hopefully this will be the last. Hopefully Empire will also recover to contribute to GenM bottom line although I think this will take some time.
Imck seem like u are really a blind follower of 天哥 , believe 天哥 ask u eat shit u will also do that . U talking about " u ignoring the value of company just focus on stock price . share price reflect is just matter of time " , hello wake up guys, if share price drop every so-chai sifu will ask you hold long long term to wait the share price rebound . This kind of excuse just try to cover their failure stock pick do u know....... I also can said in the near future GENM can stand at Rm 5 , maybe 5 or 10 years , hold tight tight lmck , be patient , u are not the only so-hai in stock market..........
Genting Malaysia Bhd’s additional equity injection into US-based Empire Resorts Inc is expected to yield returns over the next two to three years.
In view of the equity injection, Kenanga Research said it is maintaining its earnings forecast for GenM.
“We keep our financial year 2023 (FY23) to FY24 earnings intact as GenM is essentially using its balance sheet to bolster an investment with an 89.6% economic interest.
“More importantly, we expect Empire’s operations to gradually normalise with profits to show over the next two to three years,” it said in a report yesterday.
ivanlau go study financial report la ong gui meh now given 5-6% dividen per year strong cashflow the business keep growthing . i comfirm you didnt hold YTL because you re noob investor only focus on share price move to determine is good or bad betul betul so-hai
GenM already put a foot into Empire, it is only normal to agreed to. their request for more fund to carry on. Treat as addl. Investments, if not the losses suffered from this investments are huge.
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Imck seem like u are really a blind follower of 天哥 , believe 天哥 ask u eat shit u will also do that . U talking about " u ignoring the value of company just focus on stock price . share price reflect is just matter of time " , hello wake up guys, if share price drop every so-chai sifu will ask you hold long long term to wait the share price rebound . This kind of excuse just try to cover their failure stock pick do u know....... I also can said in the near future GENM can stand at Rm 5 , maybe 5 or 10 years , hold tight tight lmck , be patient , u are not the only so-hai in stock market..........
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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....
Michael_chan2022
3,349 posts
Posted by Michael_chan2022 > 2024-01-12 14:02 | Report Abuse
GenM will rebound soon