Personal view is Genting have to wash to provide more opportunity for Foreign fund long term investor. Q4 profit may be slightly lower or equivalent as Genting Singapore recognized impairment. My Target 5.25 for Q4 2023 results
Posted by newbie2019 > 1 hour ago | Report Abuse angtaykor prepared to load soon? ---------------
MYR keep depreciating, difficult for me as foreign retail investor to buy and hold. I suffered "evaporated profits" many times liow. Meanwhile, I believe this stock is at early part of reversal down, too soon to load up (assuming no forex exposure risk). In fact, I reloaded back some Taurx shares after selling 5% of my Taurx shareholdings last year (seller's remorse). I think Taurx can huat big but need a bit of time.
We should not KBKB LKT too much here. Actually he has been a very good help for Taurx. Recently, our UAE CA kena jammed for many months due to dispute on trial patient population + mini trial duration + which party is going to pay for the UAE mini trial. Taurx ask LKT to negotiate with UAE on our behalf then hosay liow. UAE govt will bear all the full cost of this further reduced mini UAE trial (10 pax for 3 months). I have to say this LKT has very good global connections at very high level govt which can be very useful if he is on your side. Hence Arab region UAE will be our very first CA. Thank you LKT!
Foreign fund is nett buyer. Local institution and retailer keep selling. When foreign fund can accumulate enough chips, share price only allowed to move upwards.
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....
newbie2019
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Posted by newbie2019 > 2024-02-26 10:53 | Report Abuse
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