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 Genting Malaysia, Resorts World

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Junior83
post Feb 27 2009, 07:30 AM

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JPMorgan, OSK upgrade rating on Resorts World:

http://www.btimes.com.my/Current_News/BTIM...redown/Article/

CIMB oso make "buy" call on it
Junior83
post Mar 6 2009, 07:29 PM

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RESORT- JP Morgan keeps OVERWEIGHT with a target price of RM3.20.

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Bought @ 2.02 today

Personally think is oversold recently....
Junior83
post Mar 13 2009, 08:20 AM

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Resort in oversought region hmm.gif

Reason to drop: KLSE sentiment
Reason to rise: technical rebound

user posted image
Junior83
post Mar 13 2009, 01:46 PM

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QUOTE(lovelylace @ Mar 13 2009, 01:30 PM)
My investing horizon is 5-10yrs. These are my spare cash, and i have set aside some savings for emergency. So no worries even if my cash all burn, but hopefully won't la!!! smile.gif
*
5-10 years... the price after 5 years would definitely higher than now unless unexpected events like gaming license got ban, landslide at Genting which collapse the whole GENTING highland, war.... etc

now the price is in bearish pattern, might continue to dip.... depends on the KLSE sentiment hmm.gif

 

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