Outline ·
[ Standard ] ·
Linear+
STOCK MARKET DISCUSSION V150
|
Vanguard 2015
|
Oct 6 2020, 12:19 PM
|
|
QUOTE(jonathanchee315 @ Oct 6 2020, 12:14 PM) True bro, bought at rm 3, going to top up as well. Just treat it like an FD. I still believe the monopoly industry for them in Malaysia is going to rebound back with theme park opening but going to take 1-2 years at least. GenM wil rebound faster than Genting. Watch GenM these 2 weeks. The volume is there. As long as it does not fall below the support of RM2.04, it is good. My 2 cents worth only... This post has been edited by Vanguard 2015: Oct 6 2020, 12:19 PM
|
|
|
|
|
|
ChAOoz
|
Oct 6 2020, 12:28 PM
|
|
QUOTE(Vanguard 2015 @ Oct 6 2020, 12:19 PM) GenM wil rebound faster than Genting. Watch GenM these 2 weeks. The volume is there. As long as it does not fall below the support of RM2.04, it is good. My 2 cents worth only... VIP room is packed. I guess many local high roller are trapped to travel only in Malaysia. With Bursa not being such a fast paced casino anymore, maybe genting is finally getting some love. But if they got covid cases or there is MCO 2.0, it could go down another 10 - 20%. Always risk in an investment.
|
|
|
|
|
|
Krv23490
|
Oct 6 2020, 12:29 PM
|
|
QUOTE(jonathanchee315 @ Oct 6 2020, 12:14 PM) True bro, bought at rm 3, going to top up as well. Just treat it like an FD. I still believe the monopoly industry for them in Malaysia is going to rebound back with theme park opening but going to take 1-2 years at least. sorry, but FD doesn't depreciate your capital by 30%. You need a 50% capital gain now to breakeven. Hang tight brother ! as per /wsb , diamond hands !
|
|
|
|
|
|
icemanfx
|
Oct 6 2020, 12:31 PM
|
|
QUOTE(cofin @ Oct 6 2020, 12:05 PM) 6 months close shop leh ...... you expect to have Profit ? Unlikely to happen. There won't be shortage of white knight to take over.
|
|
|
|
|
|
cofin
|
Oct 6 2020, 12:37 PM
|
|
QUOTE(icemanfx @ Oct 6 2020, 12:31 PM) Unlikely to happen. There won't be shortage of white knight to take over. haha i mean MCO they close for 6 months ......so making loss Unlikely la they will close within 6 months ......their monopoly license i think also worth more than their NTA
|
|
|
|
|
|
cempedaklife
|
Oct 6 2020, 12:40 PM
|
|
QUOTE(waghyu @ Oct 6 2020, 11:34 AM) Buy green exit red strategy? Nah. Sometimes dunno wil up up up till when, so was thinking. Luckily think more about it
|
|
|
|
|
|
immobile
|
Oct 6 2020, 12:41 PM
|
|
QUOTE(ChAOoz @ Oct 6 2020, 12:28 PM) VIP room is packed. I guess many local high roller are trapped to travel only in Malaysia. With Bursa not being such a fast paced casino anymore, maybe genting is finally getting some love. But if they got covid cases or there is MCO 2.0, it could go down another 10 - 20%. Always risk in an investment. True true but damm genting m share so solid...for the past 6 months around rm2...didn't drop below rm2 anymore
|
|
|
|
|
|
ckuanglim
|
Oct 6 2020, 01:27 PM
|
|
QUOTE(jonathanchee315 @ Oct 6 2020, 12:04 PM) I will apply
|
|
|
|
|
|
icemanfx
|
Oct 6 2020, 01:32 PM
|
|
QUOTE(jonathanchee315 @ Oct 6 2020, 12:04 PM) A business to make money from bursa investors.
|
|
|
|
|
|
SUSlowya
|
Oct 6 2020, 01:34 PM
|
|
the fact bursa is the new casino is already a threat to genting in as much as youtube is a threat to education system, in the same way eCommerce platforms killed shopping malls or Zoom eventually replacing airlines and hotels. Thanks to Lockdown. #NewNorm
This post has been edited by lowya: Oct 6 2020, 01:47 PM
|
|
|
|
|
|
Deathscythe@@
|
Oct 6 2020, 01:38 PM
|
|
QUOTE(ckuanglim @ Oct 6 2020, 01:27 PM) when we can invest?
|
|
|
|
|
|
qsrt1616
|
Oct 6 2020, 01:56 PM
|
|
QUOTE(lowya @ Oct 6 2020, 01:34 PM) the fact bursa is the new casino is already a threat to genting in as much as youtube is a threat to education system, in the same way eCommerce platforms killed shopping malls or Zoom eventually replacing airlines and hotels. Thanks to Lockdown. #NewNorm So Bursa is a better buy than Genting?
|
|
|
|
|
|
qsrt1616
|
Oct 6 2020, 01:56 PM
|
|
QUOTE(lowya @ Oct 6 2020, 01:34 PM) the fact bursa is the new casino is already a threat to genting in as much as youtube is a threat to education system, in the same way eCommerce platforms killed shopping malls or Zoom eventually replacing airlines and hotels. Thanks to Lockdown. #NewNorm So Bursa is a better buy than Genting?
|
|
|
|
|
|
Bendan[520]
|
Oct 6 2020, 02:10 PM
|
|
QUOTE(ChAOoz @ Oct 6 2020, 12:28 PM) VIP room is packed. I guess many local high roller are trapped to travel only in Malaysia. With Bursa not being such a fast paced casino anymore, maybe genting is finally getting some love. But if they got covid cases or there is MCO 2.0, it could go down another 10 - 20%. Always risk in an investment. GENM has been on a downtrend even pre-covid..
|
|
|
|
|
|
jonathanchee315
|
Oct 6 2020, 02:11 PM
|
|
QUOTE(Krv23490 @ Oct 6 2020, 12:29 PM) sorry, but FD doesn't depreciate your capital by 30%. You need a 50% capital gain now to breakeven. Hang tight brother ! as per /wsb , diamond hands ! With the current FD rate of 2%? I will take it, you forgotten mention the annual dividen that genting gives as well. And its a cyclical shares, once covid is gone, its going to rebound back. So why not just park it there? Hahaha. Anyway each investor got its own strategy so no right or wrong.
|
|
|
|
|
|
ChAOoz
|
Oct 6 2020, 02:19 PM
|
|
QUOTE(Bendan520 @ Oct 6 2020, 02:10 PM) GENM has been on a downtrend even pre-covid.. Yeah its a sad stock. If you buy in now the hope is for a contrarion play. Like what happen with sony prior to ps4 domination.
|
|
|
|
|
|
Bendan[520]
|
Oct 6 2020, 02:19 PM
|
|
QUOTE(jonathanchee315 @ Oct 6 2020, 02:11 PM) With the current FD rate of 2%? I will take it, you forgotten mention the annual dividen that genting gives as well. And its a cyclical shares, once covid is gone, its going to rebound back. So why not just park it there? Hahaha. Anyway each investor got its own strategy so no right or wrong. FD 2%? fuck no man. Use standard charted privilledge saving account can get up to 4.6% PA Rest of the money into stock market
|
|
|
|
|
|
vostro78
|
Oct 6 2020, 02:20 PM
|
|
|
|
|
|
|
|
Bendan[520]
|
Oct 6 2020, 02:20 PM
|
|
QUOTE(ChAOoz @ Oct 6 2020, 02:19 PM) Yeah its a sad stock. If you buy in now the hope is for a contrarion play. Like what happen with sony prior to ps4 domination. It wont happen in at least another 5 years.. sad counter yet so many uncle aunty still dump their savings in..
|
|
|
|
|
|
Bendan[520]
|
Oct 6 2020, 02:21 PM
|
|
QUOTE(vostro78 @ Oct 6 2020, 02:20 PM) just announced during lunch?
|
|
|
|
|