The current stock price is just over RM2, which can be considered very low. During the MCO period, when GenM operations were closed, the stock price hit its lowest at around RM1.85.
Now GenM business operation is running on full swing, there’s no reason it should perform worse than during the MCO, right?
Secondly, GENM is a high-dividend stock, offering 15 sen annually, which is approximately a 6% yield. High dividends combined with a low stock price provide double protection to your investment.
From technical chart perspective, the share price just rebounded from the bottom.
Usually, no news is bad news on their USA litigation. Orang putih don’t simply sue as open to counter actions. Just be ready to run or cut on bad news.
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....
StakesAreHigh
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Posted by StakesAreHigh > 4 days ago | Report Abuse
Happy New Year !