What U turn. In your dreams. Genting is big boy counter, if continuous sell like this means, something going to happen. Why buy now, wait for budget then only buy/sell for bilis. Baby sharks are unloading and we don't know their buying price.
Just to share. The local casino duties have been raised to 35% from 25%{ based on gaming revenue} and gaming machine duties and taxes increased to 30% from 20%{ on gross collections } The possibility of another tax hike is very real. All this add on more operating pressure on Genting
When the economy is doing well, certain sectors like technology stocks or travel stocks seem to do well. On the other hand, during economic downturns, sectors like consumer staples and utilities stocks tend to be more consistent and stable.
No way la, 3.80. Current price is super bottom. It can only press until budget 13/10. After that will U turn. Please buy before 13/10. Otherwise today is the last chance to buy low, after bn win big in pahang by election, next Monday price will start U turn.
price already stable now. good time to bet. big chance for BN to win tomorrow by election. Monday will reverse gear up. after budget clear gaming tax next Friday. Genting will back to up trend.
Ang moh Jones has been falling for many weeks now... market has already anticipated higher job data, so the Dow is unlikely to fall significantly tonight
Peter Lynch: “Far more money has been lost by investors in preparing for corrections, or anticipating corrections, than has been lost in the corrections themselves.”
Howard Marks: “First, I had dinner with Warren Buffett about a year ago, and he pointed out that for a piece of information to be worth pursuing, it should be important, and it should be knowable. These days, investors are clamoring more than ever for insights regarding the macro future, because it's important: it moves markets. But there's a hitch: Warren and I both consider these things largely unknowable. He rarely bases his investment actions on them, and neither does Oaktree."
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Dawneagle
332 posts
Posted by Dawneagle > 2023-10-04 14:27 | Report Abuse
What U turn. In your dreams. Genting is big boy counter, if continuous sell like this means, something going to happen. Why buy now, wait for budget then only buy/sell for bilis. Baby sharks are unloading and we don't know their buying price.
So wait or sell. Not buy