Happy New Year!!

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.

TOPGLOV's stock price increased by 48.07% in 2024.