emsvsi

Dear Mr Koon Yew Yin,

Investors may or may not be in a dilemma and steel price rise may or may not be a short term affair, but what is for certain is in 6 months time Genting's business performance will be much better

The world moves in cycles - the seasons, economic cycle and recession (10 years), stock market cycle, property cycle, commodities cycle...

1971 Genting Highlands Opens
2021 50 Years of History and Growth

2009 Global Financial Crisis
2020 Covid-19 Pandemic

2009 Year of the Ox (KLCI + 44%)
2021 Year of the Ox

2010 Resorts World Sentosa (SG) opens
2021 Resorts World Las Vegas (US) opens

2009 Mar RM3.08 (low) to 2011 Nov RM11.98 (all time high)
2020 Nov RM2.95 (low) to 2022 RM ????

History always repeats itself

Years of downtrend will be replaced with years of uptrend


All are welcome to GENTING (3182) the numbawan top pick sure win Recovery + Value + Growth stock in the Year of the Golden Ox

Sincerely,
EMSVSI

2021-07-01 12:32

ahbah

KUALA LUMPUR (July 1): The IHS Markit Malaysia Manufacturing Purchasing Managers’ Index (PMI), a composite single-figure indicator of manufacturing performance, fell to 39.9 in June 2021 from 51.3 a month earlier as Malaysia’s Covid-19-driven movement restriction policies resulted in output and incoming orders moderating to the greatest extent since the worst of the initial outbreak of the pandemic in April 2020.

In a statement today, IHS Markit said the country's manufacturing sector lost considerable momentum at the end of the second quarter of 2021 (2Q21) as Covid-19 infections led to the reintroduction of stricter containment measures to curb the spread of the pandemic.

"Business confidence hit the lowest reading on record,” IHS Markit said.

2021-07-01 12:48

positiontrader

My opinion on Leon Faut

Private placement of Leon Faut 31m at 85 sen was completed on 07 May 2021

At current price of 99.5 sen, Private placement investors still can make a profit of 14.5 sen (17% profit)

Chart wise, the private placement investors could be in the process of unloading their stock before it move down to break even price of 85 sen

In my opinion, the upside potential is limited. Buying is easy, but getting out of your buying position with a good profit could be tough under present conditions

2021-07-01 22:52

trum

Uncle said buy... you need to follow his instructions kah?
Don’t listen to anyone in Bursa. Every one has his own motives in promoting stocks.

2021-07-02 06:22

Bgt 9963

Post removed.Why?

2021-07-02 08:26

Tiger66

he worries leon fatt lao sai.

2021-07-02 16:45

CynicalCyan

Leon Fuat or Leon Faut? Leon Faut tak wujud ni.

Anyhow, not interested in cyclical steels. Out of my circle of competence.

2021-07-03 09:49

soros228

beware margin call

2021-07-03 12:27

ahbah

I oredi raised my red flag bcos my portfolio is in the red !
Any financial assistance ?

2021-07-03 13:50

EatCoconutCanWin

malaysia in MCO, construction is not allowed to operating. Who want to buy steel ? aduih...think logic la. everyone now rushing to buy technology and software company like D&O, Revenue, Genetec, Kobay, Hightec and so on. Investors are looking at value investing or future technology or long term play technology. Steel is just steel and play when commodities price up and down. but only happen when country with no MCO then can play la. now totally can't. is over for steel.

2021-07-03 14:42

trum

Bilis not in dilemma. Uncle is in dilemma... need to sell to Bilis. Haha

2021-07-03 16:05

arv18

During MCO:

Meanwhile, the five sectors allowed to operate with 10% workforce are automotive (vehicles and components); *** IRON and STEEL ***; cement; glass; and ceramics.

He failed to metioned that LeonFB and STEEL Co's is only operating at 10% CAPACITY!!

2021-07-04 22:41