Russia's top respiratory doctor quits over 'gross violations' of medical ethics that rushed through Putin's coronavirus 'vaccine'

https://www.dailymail.co.uk/news/article-8622761/Russias-doctor-quits-gross-violations-ethics-rushed-Covid-19-vaccine.html

Not sure why would people call real news as 'fake news'. Probably he/she is having cognitive dissonance.

Anyway, can watch Genting Singapore Chart yourself here. It has gap down after bad QR announcement yesterday. GENM is next.

https://www.investing.com/equities/genting-international-chart

Dead cat bounce

"With tourism being the main driver of the group's business, our operations and financial performance have been severely impacted. At the onset of the pandemic, visitor arrivals dropped very significantly from February 2020," Genting Singapore said in its quarterly business review released on Thursday (Aug 6) evening after market close.

"For the rest of the year, the group remains pessimistic on the overall financial performance as global travel remains highly restrictive," it added.

https://www.straitstimes.com/business/companies-markets/genting-singapore-reports-into-its-worst-quarterly-performance-since-2010

GENS gap down after QR release yesterday. Last call to sell GENM.

GENM closing price on 18 March 2009 was RM1.421.
Can verify this yourself in chart.

The lowest/support price during 2008/09 financial crisis was RM1.4. You can verify this in your chart.

GENM was in so much better shape back then in 2008/09. And there was no COVID19 back then.

This recession will be so much worst than 2008 or even 1997, plus COVID19, which hinder customer from spending money at genting.

Funny that someone is trying to push gentingbet.com uk online gambling website as a good news for GENM.

Firstly, there are countless other regulated online gambling platforms already exist out there. Genting online gambling platform will not suddenly be a cashcow and magically save the company.

Secondly, it is not even owned by GENM.

You know someone is panicking when he keeps spamming the chat by trying to push supposedly ‘good news’.

GENM will fall further, there may be a few dead cat bounces along the way. Be careful not to catch the falling knives.

Don’t fall in love and don't get sentimental in any particular stock. There are thousands other stocks in bursa that you can invest your hard earned money.

When fundamental has significantly changed, just SELL. Learn how to make profit and learn also how to take loss. Protect your capital!

BBC: RUSSIA PLANS MASS VACCINATION CAMPAIGN IN OCTOBER

Russian health authorities are preparing to start a mass vaccination campaign against coronavirus in October, the health minister has said.

Russian media quoted Mikhail Murashko as saying that doctors and teachers would be the first to receive the vaccine.

https://www.bbc.com/news/world-europe-53621708

CORONAVIRUS BREAKING NEWS!

BBC: RUSSIA PLANS MASS VACCINATION CAMPAIGN IN OCTOBER

Russian health authorities are preparing to start a mass vaccination campaign against coronavirus in October, the health minister has said.

Russian media quoted Mikhail Murashko as saying that doctors and teachers would be the first to receive the vaccine.

https://www.bbc.com/news/world-europe-53621708

GENM will re-test RM1.8 soon. There may be a few dead cat bounce before that.

Good luck with your capital.

Not too much worry?
50% reduction in customers will translate into ~50% reduction in revenue.

I don't know about you, but I'd be worried if my monthly income gets cut by 50%.

People queue just because there are less tables available inside, have to follow SOP. Total daily customers is significantly less than pre-covid numbers. This will be reflected in their next quarterly earnings. Numbers don't lie.

Second lockdown is a matter of time. But, interstate travel ban may be re-introduced soon. Both will negatively impact GENM earning.

It's already bad that GENM has lost it's foreign customers especially from China & Singapore. Local customers also reluctant to got to Genting for fear of the virus, especially those elderly high rollers casino customers. Many previous customers have grown accustomed to online casino during the previous MCO lockdown.

The road to recovery to pre-covid earning is a long and winding one for GENM. Don't get sentimental with stocks. When fundamental has changed, just sell it. Take profit, cut-loss or whatever. Protect you capital.

Why talk about glove stocks in GENM thread? Those glove stocks will be going through correction soon. Impending fall of glove stocks in FBMKLCI index (TOPGLOV & HARTA) will bring down FBMKLCI index, and GENM will fall further following the index. SELL now, protect your capital. Shit is about to hit the fan.

GENM is freefalling. Don't get sentimental with stocks. When fundamental has changed, just sell it. Take profit, cut-loss or whatever. Protect you capital.

Interstate travel will be restricted way earlier before lockdown, even when numbers is less than 100. Less business for Genting.

Ketetapan aktiviti rentas negeri akan diumum.
https://www.youtube.com/watch?v=U7ZAKfbbOoI

I agree. Second lockdown is inevitable. It's just a matter of time. Malaysia will reimpose lockdown if new cases hit above 100 a day.

https://www.straitstimes.com/asia/se-asia/malaysia-says-will-reimpose-lockdown-if-new-cases-hit-above-100-a-day

Many casino goers have grown accustomed to online casino during MCO. Big portion of them may not return to Genting anymore. Furthermore, elderly customers also don't want to return to public spaces fearing contracting the coronavirus, which could be fatal for them.

Malaysia is about to have second wave of COVID-19. SELL!

Market is about to take a dive. Sell & take your profit now while you still can. SELL! SELL! SELL!

Market is about to take a dive. Sell now, buy back later at lower price.

China is far ahead of the western researches like Moderna, Oxford-AstraZenaca, etc, etc.

Google "latest on China Covid 19 vaccine" to see how far ahead the China is on the vaccine race.

wiser_dude: So did JCY in 2011.

The glove stocks rally reminds me of JCY during the HDD worldwide shortage in 2011. Sharp rise in stock price followed by rich valuation by various investment banks. After that, the price fall drastically when the euphoria ended.

Yes, you can play the glove bubble, but be careful not to put too much of your money in it. The game of musical chair will end sooner or later.


"This time it's different" - every bubble story.

Smart money is using High Frequency trading algorithm to unload their shares at ~RM20, after that price will fall. They move money to other glove and covid19 related counters. Sell while you can. Top glove is not the only glove and covid19 counters out there that you can buy. Don't get sentimental with stocks.

Smart money is using High Frequency trading algorithm to unload their shares at ~RM20, after that price will fall.

EU European Union will impose similar ban on Top Glove like US. SELL! SELL! SELL!

Top Glove Singapore is not affected by US banning. But price went down nevertheless due to panic selling haha.

I heard YOCB received multiple new contracts to export bedsheets, pillow and mattress for hospitals meant for forthcoming flooding of COVID19 patients worldwide. Is it true?

Coronavirus vaccine is closer than the market thinks, Wharton’s Professor Jeremy Siegel predicts.

We may find ourselves with a workable vaccine by the end of the fall, early winter.

https://www.cnbc.com/2020/07/14/coronavirus-vaccine-is-closer-than-the-market-thinks-jeremy-siegel.html

Apart from Moderna, another company AstraZeneca (in collaboration with Oxford University) will make announcement soon.

At this rate, there will be several different vaccine manufacturers ready for production in the near future!

https://www.straitstimes.com/world/europe/good-news-on-oxford-university-astrazenecas-coronavirus-vaccine-could-come-on-thursday

Vaccine has been found. SELL! SELL! SELL!

Vaccine has been found. SELL! SELL! SELL!

https://www.nst.com.my/world/world/2020/07/608654/moderna-covid-19-vaccine-enters-final-stage-trial-month

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5543181

HP tower @ Semantan MRT Station
The station is 1 stop away from KL Sentral

https://www.youtube.com/watch?v=WDFbgjwFDRs

IMHO: in the future, electric car will become more dominant. brake pads will be replaced less frequent due to regenerative braking system used by electric car.

"lower demand for suspension parts due to cut back in East Malaysia logging activities"

well that's funny. didn't expect logging lorries to replace suspension parts so often.

stockraider:
Calm your tits down. As I said, I'm not saying any of the companies in this list are bad.

I simply say that this list produced by The Edge is inaccurate. 'The Edge' is a so called 'premium' business newspaper, and inaccuracies in their articles disappoints me. That is all.

This is my last reply. Good bye & have a good day ahead.

"stockraider: Ok then FPI Free cashflow positive mah....!!"

No it is not.

FPI for FY2014:
Net cash from operation: RM3,046,964
CAPEX: -RM 3,700,637

Hence, for FY2014, FPI obtained NEGATIVE free cash flow.

Look, I'm not saying FPI is a bad company or its dividend is unsustainable. I simply stated the fact that this list produced by The Edge is inaccurate.

The title of the list says, the companies listed have 10 continuous years of
- Dividend
- Profit
- Positive Operating Cash Flow
- Positive Free Cash Flow

"10 continuous years" means it includes FY2014.

There are a few ways to calculate 'Free Cash Flow'. The simplest is [Net Operating Cash Flow - CAPEX]


You are welcome.

This list is inaccurate. For instance, Formosa Prosonic Industries (FPI) registered NEGATIVE free cash flow for FY2014

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4757093

http://www.thestar.com.my/business/business-news/2016/11/16/car-sales-to-see-mild-recovery-in-2017/

Where else can one buy freehold property in KL at 40% discount book value?

Let's look at the properties:
1) Menara HLA: right inside KL golden triangle, just infront of KL Convention Centre/aquaria.
2) Menara Hp: 2 minute walk to the upcoming MRT 'Semantan' station, also connected directly to SPRINT highway (linked to NKVE, federal, LDP, etc.)

Oversupply of office space in these hot areas are just temporary. Sooner or later, demand will pickup and may eventually exceed supply (at which rental can be hiked). I'm just gonna keep collecting the generous dividend while waiting for the seed to sprout.

"Be fearful when others are greedy, be greedy when others are fearful" - Warren Buffet

It doesn't matter who wins the next GE. Media-Prima will pro towards any ruling government, be it BN or Pakatan. If Pakatan wins, Media-Prima will change its political view overnight. It's a public listed company after all. UMNO/BN doesn't own Media-Prima.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5244377


http://www.theedgemarkets.com/my/article/apm-forms-jv-japans-delta-kogyo-serve-asean-market


http://paultan.org/2016/10/28/apm-enters-joint-venture-with-delta-kogyo-for-kulim-production-of-mazda-seating-components-by-2017/

http://www.thestar.com.my/business/business-news/2016/10/10/proton-gets-overwhelming-bookings-for-saga-persona-perdana/

i'd expect good news ahead, perodua bezza, new proton saga, persona

http://www.thestar.com.my/business/business-news/2016/08/12/strong-response-to-bezza/