Wrong. Stock price can fall to zero. Especially during recession.

The special sauce is that they did a lot of impairment write off in Q1. I like that. Cutting the fat early

My plan is to buy before the theme park reopening (provided that reliable effective vaccine is already in production), still have about 1 year timeframe for me to collect low (ideally below 1.9 for GenM).
*PS: I am not cursing your counter. But everyone loves discounts =D

Genting is a more valued buy for sure if you have more capital

A lot of adults have commitments such as (autoloan, housing loan)

I agree with you. As I said earlier, China is a wild card not to be underestimated.

But their production is not up, and won't be up for another year at least. No reason to panic yet. I believe the stock market is future looking, but not that far forward.

RM1.9, hmm very hard tho. Genting core holder base are stubborn as hell.

Maybe a freaking ugly quarterly report could create that buying opportunity, but i can't really put a high likelihood for that.

Yes hahaha, very hard. Wait only lo, if no drop can always buy other counters. No FOMO

No difference one on the capital front. if 10% gains, its 10% gain.

All boils down is you feel which one could have larger moves. if both move RM0.50, then genm more worth it due to lower price per share

.

This post has been edited by lauwenhan: Aug 17 2020, 09:45 PM

/k have a quality post that is better than 99% of the posts here.

Source: https://forum.lowyat.net/topic/5011439


GDP growth for selected countries (sorted from highest to lowest)

Q1
Vietnam : +3.82% (10-year low)
Indonesia : +2.97% (weakest since 2001)
Malaysia : +0.7% (weakest since 3Q 2009 )
Philippines : -0.2% (first time negative in 22 years)
South Korea : -1.4% (biggest decline since 4Q 2008)
UK : -2.0%
Thailand : -1.8% (the deepest contraction since the flood-hit fourth quarter of 2011)
Singapore : -2.2% (worst GDP year-on-year contraction since 1Q 2009)
US : -4.8% (lowest level since the 8.4% plunge in Q4 of 2008)
China : -6.8% (first decline since at least 1992, when official quarterly GDP records started)
Hong Kong : -8.9% (biggest fall since the government began tracking comparable data in 1974)

Q2

China : +3.2%
Vietnam : +0.32%
South Korea : -3.3% (worst GDP contraction South Korea has experienced since 1998.)
Indonesia : -5.32% (the lowest since the first quarter of 1999)
Hong Kong : -9.0% (contracted for the fourth straight quarter, only one quarter behind the longest recession on record, when Hong Kong's economy shrank for five quarters in 1998-1999.)
US : -9.5% (steepest decline in nearly 70 years of quarterly data)
Singapore : -13.2% (worst on record)
Phillipines : -16.5% (lowest since 1981)
Malaysia : -17.1% (worst performance in nearly 22 years)
UK : -21.7% ( worst on record )

Btw developing countries stand a higher chance at improving GDP than developed countries

Dang I sold Tomei and Nice on loss. But I still have Poh Kong and MuiProp. If remain high price tomorrow before opening, jackpot.

steady la! burnoil up up up... wake up > 2k/oz then huat liao.

maybe punters can buy O&G...?

Lets cheong gold tmr. Ayam is in.

What is your target stocks besides your amui?

These data can Google easily. What's more important is someone does analysis and share findings.
Others can then give counter-argument or their inputs.

gold gold & more gold

i do put some in manufacturing/IR 4.0/tech companies...serbadk , istone, myeg

and there's fintec.....