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2020-07-21 11:12 | Report Abuse
Many Fund managers and other speculators / investors are profit-taking and leaving glove counters since they have reached their peaks . Very soon these funds will buy badly battered stocks like Genm (under-valued) highly attractive.
2020-07-21 11:04 | Report Abuse
Low volume selling indicate only minimal retailers selling due to impatience. There is a silver lining in GENM share price - Many vaccine - human trials are showing effective results latest Oxford vaccines trials on humans are delivering good results close to general acceptance . GENM share will fly once Investor confidence and profitability return.
2020-07-21 10:59 | Report Abuse
Low volume selling indicate only minimal retailers selling due to impatience. There is a silver lining in GENM share price - Many vaccine - human trials are showing effective results latest Oxford vaccines trials on humans are delivering good results close to general acceptance . GENM share will fly once Investor confidence and profitability return.
2020-07-16 10:57 | Report Abuse
There are very few sellers left, serious investors must take action now, buy now or higher at 2.55-2.60 later in the day because all the bad news have been factored in and the only way is up, up and up towards 2.80 tomorrow or next week.
2020-07-16 10:50 | Report Abuse
Many investors are waiting the signs of fund managers returning to buy Genm. They will start chasing when it goes up 5 - 10 sen today or tomorrow. Many collectors are still queuing at 2.51 and 2.52 (last few days at 2.50 and lower). No more chance for those bargain hunters below 2.50 ( daydreamers).
2020-07-14 17:16 | Report Abuse
Casino stocks in Macao fly as China ease travel restrictions - this latest development will benefit Genm and Genting.
2020-07-14 17:01 | Report Abuse
Such a strong finish indicates market is expecting a very strong performance tomorrow.
2020-07-14 16:54 | Report Abuse
A very strong close at 2.55 today!. More than 11,000 lots done after trading cut-off time 4.45pm.
2020-07-14 16:45 | Report Abuse
Green shoots is observed and on the way to more rises.
2020-07-14 16:35 | Report Abuse
The 'gloves counters bubble' has just burst. very soon some of the money will flow back to defensive stocks like GENM, Genting etc.
2020-07-14 11:05 | Report Abuse
Genm is a defensive stock which fund managers use to park their excess monies and invest for the long term because their returns are better than yield from Fixed income instruments like FDs and bonds. Glove counters have reached unrealistically high levels - over speculated with analysts trying to justify their super high prices based on unsustainable projections / presumptions. Many syndicates are using 'pump and dump' strategies daily - so the risks are very high. speculators are warned that they stand to lose badly when the music stops.
2020-07-14 11:05 | Report Abuse
Get your facts right and don't listen to rumours bent on trying to influence weak holders to sell so that they can collect a lower prices. Read past analysts' articles to confirm facts - most of GENM's revenue / profits come from local (M'sia) as well as S'pore casinos. US contributions only a small part. Just ignore noises all the bad news have already been price in. no more downside risks. Just be patient, very soon you can see results are better than expected coming and price will recover to 3.00 and above towards end of 2020.
2020-07-14 11:03 | Report Abuse
Genm is a defensive stock which fund managers use to park their excess monies and invest for the long term because their returns are better than yield from Fixed income instruments like FDs and bonds. Glove counters have reached unrealistically high levels - over speculated with analysts trying to justify their super high prices based on unsustainable projections / presumptions. Many syndicates are using 'pump and dump' strategies daily - so the risks are very high. speculators are warned that they stand to lose badly when the music stops.
2020-07-14 10:54 | Report Abuse
Get your facts right and don't listen to rumours bent on trying to influence weak holders to sell so that they can collect a lower prices. Read past analysts' articles to confirm facts - most of GENM's revenue / profits come from local (M'sia) as well as S'pore casinos. US contributions only a small part. Just ignore noises all the bad news have already been price in. no more downside risks. Just be patient, very soon you can see results are better than expected coming and price will recover to 3.00 and above towards end of 2020.
2020-07-13 08:57 | Report Abuse
Good Morning. Towards the end of the year, Genm on the road to recovery fair price RM 2.80 -3.00. Right time to buy at bargain prices now, and reap good returns towards the end of 2020 and higher prices and dividend thereafter.
2020-07-10 15:38 | Report Abuse
MYEG is also suffering he same fate as Genm. Specultors are selling to go after the highly over valued Glove counters.
2020-07-10 15:23 | Report Abuse
The next quarter results will see a very big improvement as Casino operations and leisure and hotel business recovers. Foreign tourism will boom in the coming months.
2020-07-10 15:20 | Report Abuse
Genm is 'under-priced' and represent a very good buying opportunity now.
2020-07-10 15:15 | Report Abuse
Over the last few weeks many small retailers are quiting Genm to try their luck in speculating the overvalued glove counters. Very high risk and low returns. Once the glove 'bubble' burst their winnings will not be enough to cover the losses.
2020-07-10 15:03 | Report Abuse
Over the last few weeks many small retailers are quiting Genm to try their luck in speculating the overvalued glove counters. Very high risk and low returns. Once the glove 'bubble' burst their winnings will not be enough to cover the losses.
2020-07-07 10:20 | Report Abuse
Genm has bottomed and weak holders have been weeded out over the last few days. The current frenzy over Gloves cos. is over as heavy taking is taking place and fund move back to safe counters such as Genting and Genm. Global Markets are reopening and M'sa is included. Genm will move up from today.
2020-07-06 09:43 | Report Abuse
More tourists are expected soon as many Airlines are flying at 'full capacity' now being with local routes followed by tourists from 'safe' countries. The govt is now considering opening ro the foreign tourist market now. Retailers must buy now if they wish to buy now at 2.60 + , before the find managers move in (by then, Price will be in the 2.70-80 range.)
2020-07-06 09:25 | Report Abuse
This is the beginning of an exciting week with good news of further easing of lockdowns in many countries including M'sia. Local followed by Foreign Tourists will increase the hotel occupancy and casino operations mean increasing revenues over the coming months. Share prices are based on expectations of the future profitability and usually move in advance. GENM may trade in the 2.60- 2.80 range this week.
2020-07-03 10:48 | Report Abuse
The little selling by punters or short-term speculators will be over soon and price will start moving up to close at 2.70 or higher today. Long-term investors should continue collecting at such low prices and will be rewarded with good dividends and capital appreciation towards end of the year.
2020-07-02 17:04 | Report Abuse
My prediction also was accurate today - GENM closed at 2.61. Tomorrow , look forward to (if current trading momentum is maintained) 2.80+ could be achievable. If foreign funds enter our market can expect higher price. On the local scene, Msia Covid-19 control - situation is improving and we can expect Govt to relax The RMCO. GENM business will soon flourish once again.
2020-07-02 16:55 | Report Abuse
Typo error its DJIA not DKIA. DJIA futures moving up now 277. Oil on uptrend. Expect a continuation of today's strong performance of Bursa up 21.85 points, 701 counters up compared with 334 down.
2020-07-02 16:02 | Report Abuse
The market is improving , HKG and Shanghai performing well, oil prices are on uptrend, DKIA futures moving up, So looks likely to close above 2.60 today .
2020-07-02 11:43 | Report Abuse
Investors would have observed GENM share price is among the first to move up as Bursa index turns green and is on a uptrend - like today.
2020-07-02 11:37 | Report Abuse
Genm is the first choice of foreign investors as it is underpriced and has big potential to recover at the fastest rate.
2020-07-02 11:32 | Report Abuse
oil markets seems stabilizing , japanese and HKG markets on a uptrend , and Dow futures also indicates uptrend. Looks like the worldwide bad news has been priced in. International investors are eyeing the potential benefits of moving to Emerging markets due to thr current low valuations.
2020-07-02 11:18 | Report Abuse
no more sellers, a slow start by retailers, but good progress due to easing of govt restrictions. big funds will move in soon as the market reopens more fully to foreign tourists like s'pore. Hopefully can close near 2.80 by end of this or next week.
2020-07-01 09:43 | Report Abuse
GENM will soon buy back around the present price level and many market players especially conservative investors will follow.
2020-07-01 09:36 | Report Abuse
Long term investors should just ignore the noises. Buy and hold until end of the year to enjoy good dividend return and gradual price recovery. Genm share price have already priced in the latest adverse news. It will recover to 2.80 - 3.40 towards end of 2020. Good news might come along later and boost the price higher than expected as the economy improves. Downside is limited if not bottomed. SO we watch the uptrend over the next foreseeable months to come. There is no business that is so lucrative and recession proof.
2020-06-26 18:00 | Report Abuse
many speculators in this counter write based on their interpretation of news from various sources such as the newspapers, analysts reviews including fake news from dubious sources. many praised the founder when price are on a uptrend and cursed him when the reverse happens. some claimed to have insider info, speculating or making guesses based on the moves (buying/selling activities) of the big funds- kwap and epf. often such info offer no useful advice or provide any guidance to investors/ punters alike. on many occasions i noticed people buy on rumours and sell on "news". There are many incidents of "Pump and dump" strategies by syndicates.
2020-06-26 16:56 | Report Abuse
good luck to all long term investors, have a happy weekend.
2020-06-26 16:54 | Report Abuse
those who bought today will have made good bargains. price expected to improve towards end of year, if investors can hold will reap good long term returns as business recovers over the foreseable future.
2020-06-26 16:51 | Report Abuse
closed at 2.58 close enough to my prediction. cum div. =2.60.
2020-06-26 16:13 | Report Abuse
minimal resistance - all the way up to close at possibly 2.60.
2020-06-26 16:11 | Report Abuse
no more forced selling, moving up now. buy at 2.55 or you will miss the boat.
2020-06-26 15:36 | Report Abuse
last chance yto buy below 2.60 now. just watch how it goes .
2020-06-26 15:34 | Report Abuse
forced selling over. moving up till the end of day. expect to see green shoots.
2020-06-26 10:36 | Report Abuse
local funds buying now, foreign selling drying up. beginners buy now at gargain price cum-div last day. Monday - 29/6/2020 ex-div. My advice to seriou investor, buy and hold for good capital appreciation over the next few months / years + good dividend yield.
2020-06-26 07:51 | Report Abuse
Possibility of GENM share buy back since price now is so low.
2020-06-26 07:50 | Report Abuse
Dividend return much better than FD interest 2-3% p.a. Good chance of capital appreciation if you buy now.
2020-06-26 07:47 | Report Abuse
GENM good long term investment, good dividends price will recover gradually RM 3.50 by end of 2020 as business climate improves.
2020-06-26 07:44 | Report Abuse
June2020 window dressing - half year closing, today Genm price may close higher at RM2.75 to 2.80. Many investors will buy -last day Cum-div. Dividend 5 sen.
2014-07-28 10:16 | Report Abuse
The latest news revealed that a major shareholder has been 'selling out' - reducing his shareholdings. Share price of holding co. Scomi was the most active counter on Friday. Scomies followed the uptrend - A change of major shareholders, rising share prices coupled with higher volumes indicate some change/ developments in the management - so hope for higher prices on the way when the investors are back after Raya holidays. I see big profit potential very very soon!!!!!
2014-07-28 10:08 | Report Abuse
My observation shows there are two groups - speculators / small traders who trade with a few sen gain and very short term in outlook. Another group of investors who trades in 2,000-5,000 lots who invest over a longer term and hence are able to reap better profits. There is a difference in the strategies of each group. This explains why the speculators cannot/do not follow the same strategy as the genuine investors who are longer term in outlook.
2014-07-19 10:07 | Report Abuse
Monday will see Scomies shoot past the prievious high of RM1.16 towards the HLG target price of RM1.24!!! Genuine Investors will be richly rewarded for their patience. sorry for those speculators and impatient profit-takers who have sold earlier - you wll have to buy back at higher price if you want to continue the game!!!
Stock: [GENM]: GENTING MALAYSIA BERHAD
2020-07-21 12:33 | Report Abuse
Chinese vaccines will be undergoing human trials in Brazil on a large scale and once proven effective will be manufactured in Brazil in millions of doses for use in Brazil. There are also many vaccine trials on humans in USA and the EU. So there are very good chances of effective vaccines being developed to overcome Covid-19 soon.