Sangkut at 0.79 already...c'mon let it finish above 80 sen

yea @taiwaiwong, even if they cut divvy back to 4 sen, still 5.0% divvy yield

Someone purposely "leaked" it to generate interest in the stock?

Later lose steam back to 0.745 like 4:50PM yesterday hahahahaha

As I said this IPO rumour has been there since 2017...

See the chart

After the March super drop, its establishing a base before go up (2 times dah)

Now it establishing base again

Well said Beltland. Any idea their borrowings are on floating or fixed rate?

I've noticed this stock for a long time for its dividend and low P/E

The only thing stopping me from buying was its super high gearing

Today engine sure start wan because of that news...

But think again, this IPO rumour have been there since...2018?

Sounds so like...Anwar and his takeover "news" hahahahaha

Trade with care peeps

But have anyone thought about it, why is this share trading at such huge discount to NAV for such a long time?

And its on downtrend for such a long time...

Imagine those who bought in at RM1-RM2...now really vomit blood

Ya ma damn annoying to scroll thru that wall of text esp for bananas like me. Put a link better la

I think what he meant was dun la copy and paste that wall of words...post the link and then maybe add a few words of comment of your own la...

So, did you buy 1 share of Karex every time after you had sex?

"I bought during the March coronavirus crash..."

Hello, REAL investors would not blink if their holdings stay in the red for even years only to see it realise its true value later

U think Warren Buffett buy punya stocks all also buy today huat next day weeks or even months?

Mahsing background was plastic products

https://www.mahsing.com.my/who-we-are/our-story

Who is that joker saying Genting should go into gloves lol

Might as well ask TNB make condoms
Maybank go into 4D
AirAsia go into nuclear power plants

Hahahahahahaha

Wait for 1.50++

Genting sometimes end-October got declare divvy

This month got or not leh?

During 2008 market crash, I first started learning about stock market. Freaked out when lost about 10%, swore never to touch stock market again.

Now in 2020, I'm proud that I did not freak out when Genting and TNB gave me -15% paper loss lol

Other stocks in my portfolio making money, so overall still okay. Janji Genting and TNB keep pay me dividends

Tunggu je 3rd quarter results...

Oi don't privatise, I love my Ta Ann shares!

Of course la, to Genting, sustainability is very important. Don't forget their assets are located on a hilltop. If they do not manage the environment properly, soil erosion will destroy everything overnight.

That's why I don't jump and scream even when Genting and TNB gave me paper loss 14% lol

I assess my investment on PORTFOLIO basis. Surely there will be 1 or 2 losers at any time

Only Chow Yun Fatt@God of Gamblers can get all his bets right

@positive_investor my UT is for foreign markets exposure

I just checked, MSCI World index returned 9.51% annualised over the past 10 years

Lost a bit la

My Bursa self-managed portfolio I returned 20.1% p.a. :)

Most of those who complained that they lose money in UTs are those who bought in and then do nothing (no regular review, monitor and rebalancing) or those who relied too much on the (unreliable) agent.

I'm just being humble about my own investing abilities - I don't think that I can always beat the market on my own, and sometimes I may lack direction, time or idea as to what to buy.

At such times I can just sit back and let my unit trust funds deliver the returns for me. My track record from unit trust from 2008 til now is 8.3% compounded p.a. Beats EPF, good enough for me.

@Stockisnotfun I use unit trust to access/have exposure to foreign markets like US/Europe/Japan and Asia ex Japan markets

Good as a portfolio balancing tool, as many times when Malaysia stocks go down, rest of the word provides great returns!

Yala @KiwiKing

Now may not be the bottom, but is certainly NEAR bottom

Those of us who bought in certainly know that Genting is undervalued now

So upside is certainly there, only we dunno WHEN

@Stockisnotfun you even more gung-ho than I lol

Genting is 15% of my Bursa portfolio, 11% of my total investment portfolio, as I do have some unit trust funds too.

I do keep track of my portfolio returns, past 12 months my returns are

Total: +2.06%
Dividend return: 3.06%
Paper loss: -1.00%

Yes you can sell now

But

Q1: Are you sure that you have better alternatives that sure to earn money?
Q2: How sure are you that you will jump back in time for recovery?

I say, just wait their Jul-Sep results announcement.

With palm oil sector performing good, the group results should surprise on the upside

@neohts statistically, majority of traders lose money

Were it not for them, how do true investors make money?

@Steady Punpipi but buying Genting Berhad also has a cons - holding company discount

And the negativity over one subsidiary/business segment may cause the holding company share value to be punished beyond reasonable lol

@limkokthye I prefer to TFK using Karex Berhad products

I'm starting to enjoy this like S&M

Good! Another chance to buy into IGBREIT on discount

Funny, why i3 don't have link to TA Securities punya analyst report? Only available on Bursa website

Kuat ah today

@Gaogaolat please go back to school

U are buying Genting shares in the open market

Genting management has no obligation to you that open market price will be at the price to your liking

Went to Thai temple and prayed using baby corpse oil already?

https://www.theedgemarkets.com/article/johore-tin-has-likely-completed-sideways-consolidation-phase-says-rhb-retail-research

U mean NPG GROUP lol

I think that shareinvestor88 must have lost a lot of money at Uncle Lim casino

Or his family member lost until suicide at Genting

Go see his past posts, non-stop nonsense posting about Genting

Those who kept posting rubbish TP

Go get a life

Or go pray for those outrageous TP at Thai cult temple, use baby corpse. They will bless u

Today looks promising

Market haven't got the message that Anwar seeing Agong on Tuesday? How come no bloodbath yet?

Or already numb to such news lol

awal2 pagi @positive_investor said the gospel truth about INVESTING

@limkokthye maybe Genting bio division got the vaccine lol

They got their biotech division
https://www.genting.com/life-sciences/

@firehawk sorry talked too much really, I cannot brain

Can tell in layman language? :P

When the cyclical/"trendy" stocks lose steam

Defensive stocks will take over

When defensive stocks lose lustre

Another trading theme will take over

What we want as investors is that in the long run, our portfolio AS A WHOLE beats

(1) inflation
(2) market
(3) EPF returns

Go see the annual or interim report of even the award-winning, consistent market-beating unit trust funds. Even the best fund managers, there will be some losers in their portfolio.

See for example Kenanga Growth Fund's fund report, they're still keeping TNB Berhad even at 24% paper loss. I believe even Warren Buffett won't get 100% accuracy in stock-picking and market timing.

So, sit still with your paper losses, IF you think that in the mid to long term the stock will be a winner.