jasonred79

jasonred79 | Joined since 2020-09-10

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Stock

2021-03-07 22:19 | Report Abuse

@emsvsi. "At RM5.59 I will hoot RM5.60 "

...

don't do it man.

...

At RM5.99 you hoot Rm6.00

THAT'S how to do it like a manly man!

;)

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2021-03-07 12:51 | Report Abuse

@vanbasten goldmine or graveyard? ... dude. I'm going to go back to disagreeing with you now.

As Thanos would say: Pandemic recovery is.... INEVITABLE... either it comes faster, or it comes slower... but the recovery is coming, and it will not be stopped.

no graveyards here, unless you made WILDLY bad stock picks.
Gloves might have fallen 50% off their highs, but for those who bought gloves before pandemic, they are still 300% up. I actually DO believe meg when she claims she made millions in 2020.

At this point, I think for almost all of us in this forum, it's not going to be "are we going to make money" but "HOW MUCH money are we going to make?"

Look at how @vanbasten and me do verbal sparring. even when we tease each other, it won't be stuff like "eh, how much is your paper loss?" or "you going to go holland" ... when we tease each other, it is stuff like "haiyoh, you only made 25% is it? how unimpressive!" and "ah, my gains 90% so far how about you, can you keep up?"

hehehehe...

There's no graveyard here vanbasten my friend... It's not like those who bought gloves at peak price or GME or some of those other counters where we could disturb each other about potential losses.
Not goldmine or graveyard!
It's now goldmine or diamond mine... we just see whether we make BIG money or HUGE money now, ok?

;)

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2021-03-06 21:16 | Report Abuse

there's no point showing off your money in here unless you are one of those super rich tycoons lol. By my estimate, there's over a dozen millionaires who frequent this forum.

Which is probably why there's so many glove flies attracted here, trying to influence the big money.

Wouldn't surprise me if there are people in the 100m club who are lurking here quietly laughing at the small time millionaires who are talking big here. :P

Stock

2021-03-06 15:00 | Report Abuse

... bah. And I thought that some of the Chinese here would find those numbers cool.

0.280 = 8888 lots
0.285 = 88888 lots.

...

Seriously, no one else here finds that cool at all?

... I should leave the comedian acts to the other Jason Leong, he's actually good at it. I can't get a decent audience reaction at all... sigh...

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2021-03-06 14:18 | Report Abuse

@vanbasten yeah genm c86 was really best performer, almost tripled in value in the last 6 weeks. i feel very sad that I didn't buy any, and bet on gentb instead of genm. oh well.

At least c91 went from 11c to 21c in the last 6 weeks, not bad

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2021-03-06 11:32 | Report Abuse

does i3 allow us to embed images here?

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2021-03-06 11:28 | Report Abuse

https://prnt.sc/10e4mpe

HENG AH HUAT AH ONG AH!!!

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2021-03-05 23:26 | Report Abuse

Wait... he said "it's 1pm, full house, the tables there are fully booked" ... HUH??? WOW!!!

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2021-03-05 23:25 | Report Abuse

@calafate. Thanks! ... WTF. Genting actually has a bit of a crowd now??? When was this video taken??? I was expecting it to be a ghost town.
..
The FRESHEST vegetables ever, huh. ... I actually want to go there, and Imma gonna have some salad!!!

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2021-03-05 19:55 | Report Abuse

@choysun... america is pretty wild, they have been in party mode even when their daily cases were so high. The genting operations in America were almost at pre-pandemic levels during those periods they were allowed to open, which IMHO is just crazy.
So, yeah, the sweet spot for America might have already started.

IMHO, yes, RWLV has timed it's opening to capitalize on vaccinations, summer break, etc.

RWLV will probably have a better opening than our malaysian Genting Theme Park, because Las Vegas is more of an adult playground. Not so much reason to bring the kids along on a family trip.
Whereas, I'm still waiting for our Government to announce that kids are getting vaccinated. ... but kids going to theme park is secondary to my main concern of, I'm scared out covid outbreaks in our schools!

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2021-03-05 19:40 | Report Abuse

JN88 got fired by his operators already... because he was being paid to drive down genting price, but instead every time he appeared, price shot up instead...

@stocksafeplayer. ah... this shows that you are old school... the old school fellas got used to 1 lot = 1000 shares, even though Bursa switched to 1 lot = 100 shares. You can tell people's age when they use 1 lot = 1000 shares. ;)

That also explains your average price... some of those were from pre-covid? Same as some of my friends then...

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2021-03-05 18:20 | Report Abuse

200 lots = 20,000 shares or 200,000 shares?

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2021-03-05 18:07 | Report Abuse

Actually, my real balls of steel call was giving the "buy kaw kaw if it dips below RM4, if you hold until pandemic ends, sure make money" call, early this year. Because that one would actually count as giving investment advice, so if people lost money on that, they could file complaints against me.
... just as well, looks like I'm safe... hahaha.

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2021-03-05 17:58 | Report Abuse

@stocksafeplayer OK THEN!
Balls of steel call LOL!!!
RM5.50 by end of April
RM6 by end of June
Rm 7 by end of 2021

Disclaimer: these are just my own personal predictions, not a buy or sell call.

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2021-03-05 17:38 | Report Abuse

@stocksafeplayer, just bet above RM3.01, and you beat destinyL in the most kiasu way possible...

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2021-03-05 16:53 | Report Abuse

and there you go, c91 sell queue at 0.280 it 888,800 units lo... guess what the queue is at 0.285? hehehe.

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2021-03-05 15:37 | Report Abuse

I've actually posted my portfolio on i3 lol... those who are curious can go click on it. BTW, that portfolio does not show SMF and CFD shares, I don't think i3 portfolio supports those.

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2021-03-05 15:34 | Report Abuse

yeah, opening up interstate for balik raya has both social and economic pressure. I can imagine that it's being pushed QUITE hard.

As I said though, ideal situation is that numbers and vaccinations have improved so much by then that we can open up travel without having to worry about a rise in cases from it.

Where are the majority of cases coming from anyhow? Is it still construction and manufacturing? ... if so, can you just declare all of those zones as crimson red, and let those who have not had a case anywhere near them be reduced to yellow or light green? ... I do find it annoying that a lot of "innocent" people are stuck in red zones because of "certain parties"... sigh...

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2021-03-05 12:45 | Report Abuse

@dragonboy. We don't know if "today" is the last day to get cheap tickets.

But what we do know is... when interstate travel is opened, tickets are going to be a LOT more expensive lol!
If you have insider information and know exactly when interstate is going to be lifted, you can time it so that you get tickets as the best price possible.
Otherwise, don't be surprised if you wait too long and end up missing the boat...

Disclaimer: this is not a short term buy or sell call. Short term, Genting may go up or down.

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2021-03-05 12:19 | Report Abuse

@stocksafeplayer: To clarify, what I'm trying to say is.

Will interstate be lifted on 18th March? ... maybe.

Will various restrictions be gradually lifted over the upcoming months, and will we gradually return back to life as normal pre-covid? ... DEFINITELY.

;)

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2021-03-05 12:09 | Report Abuse

@stocksafeplayer. Agreed agreed.

anyhow, yeah, unless you are like me and have call warrants expiring in less than 2 months, what's the rush? Just be patient, travel restrictions will be lifted sooner or later. Most likely "sooner", but it's not going to be anywhere as long as what our DG said previously.

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2021-03-05 11:47 | Report Abuse

@emsvsi THANK YOU!!!

yeah, gradual lifting of travel restriction is the smart way to go about it. Take things step by step!

Pahang +13... ... ... ok! looks like Pahang will be a green zone and people can travel from green zones to Genting!!!

...

Also, I notice he said "ZONES" not "states"... that might mean that those from green zones in Klang Valley might be allowed to travel to other green zones... MAYBE. maybe not. We shall see.

... makes no difference to me, I'm living in a red zone for sure. MEH.

Stock

2021-03-05 11:42 | Report Abuse

@stocksafeplayer... our Health Minister said MAYBE.

As I said, I probably own more Genting and genting warrants than anyone else here, but I won't be like KYY and purposely con people to make myself get rich quick. Must have some morals!

...

Having said that... DG's interstate ban until 70% herd immunity is unrealistic. Won't happen.

...

Interstate travel being lifted will most likely come in stages, and in a controlled manner rather than this "all at once" thing.
Also, interstate travel will HAVE to happen within the next couple of months... our economy simply cannot take it being stretched out too far.
As I said, Vaccination Passes on interstate travel will be a big thing.


Sinovac vaccine is going to be distributed 12m doses to government and 2m doses to private. And pharma is going to be churning out 2m doses a month. Going by that estimate, we can expect to see 140,000 doses being allocated to private per month, hopefully 100k doses to private this March. With the time delay between doses, that would mean 100k people could get their first dose this march under Private.

... as I said, I'm PRETTY sure that vaccination passes will allow interstate travel... so, naturally, those who want to travel interstate will be fighting to be among those 100k people who get it privately! (I know I will, and not for the travel restrictions)

Anyhow, yeah, whether or not interstate travel is lifted, if you want to go to genting this march, try to get one of those 100k doses. Or April. Or whenever or wherever you want to go.

...

But I digress. Anyhow, I personally think that 18th March is a bit optimistic, to hope for a blanket opening of travel restrictions. But I would say that travel restrictions are definitely going to be loosened within the upcoming weeks and months. (DUH!).
Full disclosure: A bit stressful since my C94 expires in April. sigh. That's honestly cutting the deadline rather tight.

But for those with holding power, yeah, you can feel confident that travel restrictions will be lifted in the upcoming months, if not sooner.

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2021-03-05 11:24 | Report Abuse

@jonny8855 thanks! ... yeah, this reconfirms it. I respect our DG's opinion, but it's unrealistic. Much more realistic will be some combination of lower cases, vaccination passes, zone by zone basis and so forth.18th March sounds great, but, agreed, I would like that to happen in conjuction with lower cases.

@stocksafeplayer, well, I wouldn't want to live there... stuff like, the cinema is divided into men's section and women's section. The places that sell pork all pushed to one section of the city. And if Klang Valley came under PAS, I think Sunway Lagoon can shut down.

Put it this way... I would not want to live in ANY country where Syariah Law was the highest court of law. Or, heck, like some countries where Syariah Law is the ONLY law. UGH.

... but as I said, that's never going to happen, so, eh, just talking theory only lah...

Stock

2021-03-05 11:04 | Report Abuse

@stocksafeplayer. If PAS becomes the government and installs hudud law, monetary gain is the least of my worries. ... Malaysia would just become an uncomfortable and unpleasant place to live in, IMHO.
Anyhow, even our modern Malays know that and would not vote in PAS, they quite enjoy going on dates even though they are not married, and our malay women enjoy not being forced to all wear veils and tudung. Under PAS, it would be like those Arab nations where alchohol is almost illegal, and women are completely wrapped up in those black robes with only their eyes showing.

...

Realistically, as I said, Genting is fine... as I said, dude, our current Agong loves Genting. ;)

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2021-03-05 10:51 | Report Abuse

Genting Casino close down? ... not anytime soon. I don't know much about politics, but I know do know that there is someone other than the PM who is very powerful.
THE AGONG.
...
Now, you tell me... do you think our current Agong is going allow Genting to be shut down? ... HAHAHAHAHA.

Stock

2021-03-05 10:46 | Report Abuse

If you are worried about PAS closing down gambling... the first target would be Magnum, Toto, etc. And there is a simple reason:

Genting actually has a policy to check and make sure that Muslims do not enter the casino (except for VVIP high rollers who do whatever they like)

As for 4D... we ALL know that there are plenty of Malays who find some methods to buy Nombor Empat Ekor or other lottery tickets.
Worse, those malay guys doing it tend to be from the lower income group who can't actually afford to do so.
So, those 4D are actually both causing religious haram violations and some social economic problems.

Meanwhile, for the Muslims, Genting is nothing but a theme park and holiday resort (except for VVIPS)

So, yeah. Genting would be a lot lower on their priority list. ... If you're worried about this, watch out for clamping down on 4D and especially unlicensedl 4D. Those will get targetted way before Genting does.
As it is... they aren't even clamping down on Muslims Beli Nombor. ... that should tell you a lot, yes?

...

You know what else PAS has been campaigning for? Even longer than this gambling thing? ... HUDUD LAW and SYARIAH LAW. ... Well, yeah, I can agree, if PAS comes into power and installs syariah as the highest court of law, I will sell ALL my assets in malaysia and move to another country.

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2021-03-04 16:21 | Report Abuse

shareinvestor88 is the type of fly, whenever he comes from his gloves to this forum, Genting will FLY. hehehe. best indicator ever.

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2021-03-04 16:14 | Report Abuse

@stocksafeplayer. Except for shareinvestor88. That is one glove fly that I welcome. Because he is the opposite fly. UNO REVERSE!

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2021-03-04 15:09 | Report Abuse

The scientists are presumably talking about area specific, right? ... I mean, 100% vaccination in America by July is not going to affect the rate of transmission in a 0% African nation.

That's why, I'm actually impressed that Khairy is using the "ring method" to target clusters and contain them. This will actually be a LOT more efficient than some countries which just target based on morbidity risk without factoring in risk of transmission. For instance, Malaysia we will target the borders of red zones with higher priority, whereas some other countries put equal priority on an 80 year old in a red zone and an 80 year old in a green zone.

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2021-03-04 14:34 | Report Abuse

@destinyL, but... but... I thought we are now friends???
Yesterday and today, gloves and genting green together, today both red together.
Why must we be enemies?
:(

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2021-03-04 14:18 | Report Abuse

ATK, then just buy 1 lot, 100 shares, as a token amount, to signify that you are ONE OF US. hahaha! Come on man... just to be part of the gang. Then we can all HUAT AH HENG AH ONG AH together! ;)

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2021-03-04 11:18 | Report Abuse

The biggest mistake is I should have broken all my FDs and done the SMF back when genting was RM3, and I should have gone all in on Call Warrants like vanbasten did.
... but like stocksafeplayer, I didn't dare to put all my money into risky assets, at least genting gives dividends and has holding power...

Stock

2021-03-04 11:14 | Report Abuse

@newbie2019 @vanbasten @stocksafeplayer

RM4? I made some good choice and bad choice back when Genting was RM3 level...

Bad: Bought a bunch of Genting at RM3.30... and when it went to RM3.10, I sold it ALL.

Good: Then I took every penny from that sale, added more, and spent it all on Genting Call Warrants.

AHAHAHAHAHA!!! ... made some juicy returns from that indeed. my c94 is 600% profit.

...

When Genting went from RM3 to RM4.50, and fell back to RM4, I broke all my FDs and bought Genting at RM4.03 average.
Foolishly, I didn't sell any of it when it climbed to RM4.95.
When it dropped back below RM4, I took Share Margin Finance and whacked some more below RM3.90.
Now it's RM4.90, and MAYBE I should be taking profit now, but I feel like waiting for my TP, lol...

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2021-03-04 11:05 | Report Abuse

I'm perfectly happy if Genting just trades sideways for the near term. ... we are getting good news every week. If Genting can just hold steady on no news, and go up 5-10c on good news, we will see RM6 by the middle of the year. (assuming that there's no big surprises on the good news bad news front).
In other words, by my projections, if there are no sudden major surprises, RM6 by end of June, is my TP.

Now... for once, this one I will add a disclaimer and say that this isn't a buy or sell call and this TP has to be taken with a pinch of salt, and whatever you do with it is at your own risk, cause I'm only 70% confident about this.

(whereas, my buy call when Genting went below RM4 this year, I outright said I'm making a buy call and giving investment advice, because I was 95% confident about that one)

So, I repeat, RM6 by end of June is just my own TP, please do not treat it as investment advice.

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2021-03-04 10:01 | Report Abuse

Actually, I was bearish on RWLV until DestinyL reminded me about the 75% revenue from not gaming part.
It's true... Las Vegas has become oversaturated with casinos, the local economy is over reliant on gaming and is severely off balance.

... Ironically, this means that, RWLV will possibly not act mainly as COMPETITION for gaming in Las Vegas, but perhaps more as a symbiotic primer for Las Vegas in general, as it attracts more non-gaming tourists.

Frankly, I think this decision was genius. And I'm also tickled that Genting management thinks along the same lines as me, that non-gaming investment in Las Vegas is the way to go. (well, it's partially gaming, but IMHO the ratio is basically PERFECT)

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2021-03-03 23:06 | Report Abuse

@newbie2019... nah... those who bought at below RM3 did so in 2020... even if genting goes to RM15 within these few years, that's just 5x returns, probably over several years.
Still can't beat those who were holding glove shares pre-pandemic or bought in early, and sold at the peak... some of those guys made 10x returns in just a few months. (as for those who didn't sell, no comment)

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2021-03-03 21:42 | Report Abuse

Shareinvestor88 has spammed half a dozen posts since market close!

HURRAH!!!

You know what that means, boys and girls!!! ... yes, tomorrow we are breaking RM5!!!

Thank you, shareinvestor88!!!

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2021-03-03 18:40 | Report Abuse

@stockisnotfun. Almost certainly so. people worldwide are looking desperate to travel. IIRC, the cruises to nowhere are fully booked.
The theme park is definitely going to be packed once pandemic is over.

The key part here is "once pandemic is over"

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2021-03-03 18:07 | Report Abuse

@stocksafeplayer hahaha!!! not only am I long winded... here, I did an graph extrapolation!

https://prnt.sc/10c0v94

I think there are people better than me at TA here, but it's OBVIOUS that the trendline is declining... if this keeps up, we will go to below 1k in 1-2 weeks. Heck, if we can keep the trend going, we could be down to single digit cases by the end of April

... it's not that far fetched. We've done it before, without vaccines. I think we can do it again.

...

@stocksafeplayer. Got more for you indeed.

8) Genting Yokohama
9) Cellularity
10) Worldwide covid numbers, especially in America, which will affect DJIA. And also RWLV.
11) The improving of the global and Malaysian economy
12) Oil prices, ties in with 11
13) CPO prices
14) Investment houses are going to be re-rating TP for Genting.
15) Maybank IB reiterates FBM KLCI year-end target at 1,830. KLCI up brings up blue chips in general.
16) Emergency will end (sometimes I forget that we are in an Emergency, until UMNO sent that letter today)

Sadly, that leads me to a negative point. For Bursa in general:
-1) Political instability.

I am SO glad that we are having this emergency where nothing changes except politics gets postponed until after pandemic. SERIOUSLY glad.

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2021-03-03 17:47 | Report Abuse

@destinyL... fortunatly, it's just construction within Genting Highlands area, nothing to do with Genting Berhad... Kanger is the weirdest bamboo company ever...

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2021-03-03 17:46 | Report Abuse

https://www.theedgemarkets.com/article/kanger-international-bags-rm478m-contract-build-two-blocks-apartments-genting-highlands

Its subsidiary Kanger Ventures Sdn Bhd, which has entered into a collaboration agreement with Vegetta Champion Sdn Bhd, will be responsible for the entire project management, financial and entire administration of this development.

https://prnt.sc/10c0ne2

The Prince of all Saiyans is not amused.

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2021-03-03 17:15 | Report Abuse

Agjl, please keep quiet!!!
When he posts out 1 week old news or 1 month old news, you can expect to see Genting price fly more than 15 sen!

you guys ah... seriously, just watch the pattern. Every time I see the 88 family post negative news, Genting price will spike upwards around that time! these guys are the best!!!

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2021-03-03 17:09 | Report Abuse

OUR SAVIOUR HAS COME AGAIN!!!
@shareinvestor88 has once again appeared, made multiple comments, and pushed Genting all the way +15c today at close!!!
Thank you, shareinvestor88!!! you are truly our saviour!!!

I love this guy, on the days where he goes missing, Genting can drop a few sen, but on the days when he posts multiple times, you can expect +10 sen!

@shareinvestor88, you are truly 88!!! YEAH!!!

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2021-03-03 15:26 | Report Abuse

for ambank, that RM2.83b payout for 1MDB = RM1 per share... which is a LOT considering that it's share price is currently around RM3 level. I would only consider buying if it fell below Rm2.50, preferably below RM2.

@stocksafeplayer. ... MEH. Zuliana's RM8 TP is ok I guess... BUT!!! One great thing about ATK is his beautiful TP for Genting... RM15. hehehe, that would be delicious indeed!

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2021-03-03 13:38 | Report Abuse

@stocksafeplayer

SINGAPORE - More than 82,000 people have set sail on cruises, with no Covid-19 cases on board since the pilot programme started last year.
Singapore kicked off its "cruises to nowhere" pilot in November, with two operators - Genting Cruise Lines and Royal Caribbean International - given the go-ahead to offer round trips with no ports of call.

... I think Genting Cruise Lines belongs to some Genting or another lol. (ever since Ho Wah Genting, I don't dare to automatically say yes)

TWO operators given the go-ahead, and GCL is one of them. hmm.

...

To be honest, personally, I would not want to go on a cruise until I've been vaccinated. But, eh, so far so good, no outbreaks, so it's going well so far. Yay!

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2021-03-03 10:56 | Report Abuse

KYY posted on his blog that he sold all his Supermax already. ... no wonder the glove stocks are flying today. CONGRATS to our glove brothers!
Well, today, glove are our glove brothers... let's go climb the bursa hill and up up up together. huat ah!
LOL!!!

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2021-03-03 10:36 | Report Abuse

"Some workers are being asked to take one day a week of no pay leave."

...

That... is actually pretty good. If I worked at Genting, I would be grateful (assuming the pay cut is just a temporary thing).
Tons of other companies, including BANKS and companies that weren't hit so bad by covid, did lots of outright job cuts.