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2020-04-22 10:52 | Report Abuse
Exposure of massive loans to oil and gas companies
2020-04-22 10:50 | Report Abuse
This is the beginning of the second stage of the bear market. I believed there are atleast 4 stages of massive bear selling that last for 12 months.
2020-04-20 21:07 | Report Abuse
Many local oil & gas companies going to bankrupt soon. Investors seem don't bother & keep buying. Good luck anyway
2020-04-20 21:00 | Report Abuse
Health ministry already confirmed that social distancing is a norm after lifting the MCO. So I wonder how casino & theme park going to distance their customers apart from each others? One gambling table person? The winning money not even enough to cover expenses. That's why it resort to cutting pay to reduce expenses. I'm not optimistic about future dividend coz the cash reserves are using largely to offset debts payments and others expenses incurred by the local & overseas operations which almost totally shut down.
2020-04-20 20:49 | Report Abuse
Crude oil at USD 11. Any hope for a rally? The only business that running at half capacity is genting plantation. Not trying to pour cold water just because I sold mine today at 2.36 but rally do not last especially GENM fundamental are dim. Good luck
2020-04-20 13:30 | Report Abuse
Enter banking stock. ABMB my darling right now. I be back to GENM after the quarter result. Goooooood fortune to those still holding
2020-04-20 13:11 | Report Abuse
Place my investment on other cheap counter.
2020-04-20 13:10 | Report Abuse
Why take risks when a company entire business was shut down. Enter again at bargain. Foreigner will dispose soon. Sell before they do
2020-04-20 12:57 | Report Abuse
I took profit too. Not safe at this level.
2020-04-09 20:41 | Report Abuse
Casino business are sort of mass gathering so there will be only one solution. One customer on each gambling tables. Gamblers are only allow in after another left. Business still running but at 1% rate.
2020-04-08 12:01 | Report Abuse
BUSINESS will be at loss at least for 2 years. All casinos, hotels, resorts owned by GENM are closed down. Even the lock down are lifted I believed very few will visit. Life will not be same anymore with covid-19 pandemic. All walk of life and business will changed.
2020-04-08 11:51 | Report Abuse
NO dividend expected. I'm going to sell all my shares after ex date on Friday.
2020-04-07 12:35 | Report Abuse
The crash is not over yet. Earnings season and nation economic data are going to dictate the movement of shares prices. The numbers should not be good & it give investors a reason to sell in force. Be cautious and I advice to buy after the results are announce.
2020-04-07 12:30 | Report Abuse
The market crash is not over yet. Wait till the earnings season and economic data out than more correction will likely continue. Besides the contagious in US are increasing yesterday with more death. Cash out if makes profits
2020-04-06 14:39 | Report Abuse
US stock market futures rise over 800 points. KEEP BUY CALL ON MALAYSIA TIGER. BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY
2020-04-03 18:11 | Report Abuse
Cash reserves with drop if losses incurred for long periods
2020-04-03 18:09 | Report Abuse
Only 3 local banks are capable to weather this storm. (1) Public Bank (2) Hong Leong Bank (3) MAYBANK bhd. Public bank is the most solid local bank.
2020-03-28 11:27 | Report Abuse
The bear are waiting to strike back hard. Newbie rushing to buy will learn about what's a real bear market looks like.
2020-03-28 11:25 | Report Abuse
Petronas will contribute less to government coffer because of low oil prices
High stimulus package of RM250 billion means our nation will be running a high deficit this year. Everything doesn't looks for in economy front. US too is facing a coronavirus crisis.
2020-03-27 17:44 | Report Abuse
People all over the world now stay at home watching TV. Economy doesn't growth when you stay at home. All those stimulus packages is to cover daily expenses and pretend that everything is alright. ITS NOT ALRIGHT!
2020-03-27 16:28 | Report Abuse
Another meltdown on the way soon. Trade with caution
2020-03-27 15:38 | Report Abuse
Sold off all my shares(properties, banking, utilities)today. Waiting for the second wave of meltdown .
2020-03-26 06:56 | Report Abuse
I agreed that rally is not real cause economy is slowing drastically and fundamentals was still bad. Bear still waiting to strike anytime.
2020-03-25 20:57 | Report Abuse
All GENM casinos in UK & US also shut down because of lockdown. Zero revenue but still have high expenses.
2020-03-25 20:55 | Report Abuse
Utilities company have steady incomes. You talk without any knowledge. Mentally got problems
2020-03-25 20:53 | Report Abuse
Tew66666 got mental problems. He only comments in this forum.
2020-03-25 20:52 | Report Abuse
No more dividend coz zero revenue
2020-03-23 18:44 | Report Abuse
Everyone thought there's a bottom. It's nobody faults but greediness blind our mind. Coz there's a strong rebound people are just tempted to chased up the prices
2020-03-23 18:42 | Report Abuse
Retailers who jump in and push up the recent rally only benefit the foreign investors to exit at higher price. And those who bought in a hurry are now stuck. Do not act rashly in a volatile market. It's in nobody interests to see local investors losing their hard earned money. Trade cautiously and be patience.
2020-03-23 07:04 | Report Abuse
Not good to hold banking stocks right now. Business worldwide are facing difficulties. Loans defaulters are queueing in line failing for bankruptcy.
2020-03-23 06:04 | Report Abuse
Theme park will be deserted & no longer an exciting play for the share price. Low revenue, high debts servicing, high expenditure and massive loss in coming few quarters ahead. Fundamental are running low. Pandemic crisis are getting serious.
2020-03-23 05:59 | Report Abuse
My advice for those newbies, sell when there's a rebound & keep your cash. Wait at the sidelines and buy back at a cheaper entry cost. Opportunity are abundant. We need to have a good investment strategy to override the storm. Ignore my comments if you do not agreed. Good luck
2020-03-23 05:44 | Report Abuse
BEAR market simply do not recover in such a sort time. It takes months or a couple of years before the is selling done.
2020-03-22 12:41 | Report Abuse
Wallstreetrookie is time for you to listen and face the reality of a pandemic crisis. At your age 18 there's still a lot to learn. We can't talk a market to go up. Sometimes market was influenced by speculation but there are times market react to facts. We can't changed what is already happening but we can minimise the cost.
2020-03-22 07:33 | Report Abuse
Maybe You won't die from the infection because you think you're young and healthy. But if you carry the virus with you and spread it to your loved one will you still be talking like this?
2020-03-22 05:51 | Report Abuse
If you have limited cash reserves don't buy any share. Keep it for emergency use as a total lockdown might happen anytime. The pandemic will prolong for sometime.
2020-03-22 05:47 | Report Abuse
Good morning all. Try to stay indoor as much as possible and be safe. Covid-19 is getting more serious. Medical staff had contracted the disease because lack of protective gear. In china medical staff have special clothing, glove , head , face and even leg are protected. Malaysia are exposing themself while trying to save others life. God blessed them.
2020-03-21 18:55 | Report Abuse
The pandemic crisis in Europe is even worst than China. US will be next pandemic crisis.
2020-03-21 08:05 | Report Abuse
i3lurker I'm not surprised if people chase after a strong rally. Everyone wants to earn quick money and their mind are being blind by greediness. Human make mistakes
2020-03-21 07:50 | Report Abuse
My genting & GENM cut loss early with a loss close to 100k. I had proved I can show you in person
2020-03-21 07:46 | Report Abuse
i3lurker let's meet up & I online on my aminvestment account and show you my portfolio. Trapped & losing closed to 200k is nothing proud to show off.
2020-03-21 07:43 | Report Abuse
Nope. 640k spread among property counter (ecoworld, mahsing), ytlpower, ABMB and supermx.
2020-03-21 00:25 | Report Abuse
Many ikan billis with limited cash who are the one suffer most because their holding power are weak.
2020-03-21 00:23 | Report Abuse
Many inexperienced investors sounds bullish after huge spike in price. Time will prove that rushing to buy is a big mistakes. The rally was a result of bank Negara flooding the banking system with liquidity. That means the economy is in big troubles
2020-03-21 00:20 | Report Abuse
I had 640k still in stock. A rebound do me more good than harm. But chasing over a rally that short lived is a disaster. Wanna bet that tomorrow will be red?
2020-03-21 00:13 | Report Abuse
Not trying to frighten anyone. Is a warning for those who chase after a fake rally. Bound to suffer .
Stock: [SUPERMX]: SUPERMAX CORPORATION BHD
2020-04-22 10:58 | Report Abuse
Earned more than 50% now. Target price 2.50.