Borrowing another 400 million ringgit... A leader who knows how to borrow but doesn't know how to paint a rosy picture - this should be LKT's biggest failure.
Shld be 43000 acres *43000 sq ft. If I just apply Rm 2.60 per sq. Ft, which I think quite reasonable then It will be Rm 4.8B. This amount will be compounded in the future.
Foreign fund nett buying continue.... 7/6 nett buying 187M, 10/6 nett buying 11M, 11/6 nett buying 135M........ (Looks good, Confirmed Foreign Fund reschedule portfolio: After weeks of nett selling, 1st day 4/6 nett buying 254M, 5/6 nett selling 69M, 6/6 nett buying 164M, today will be nett selling? Genting may be benefited because 2Q business should be good.)
@keyman, it seems you have had many unhappy encounters with Genting.. may I ask you a question..? If GenB stays at 4.70 and Public Bank drops to 3.80, which would you choose: Genting or Public Bank?
May I have the third choice... Indeed I like Pbb in Tays era. Just like I like Genting in LGT time. If I have to choose between both of them, I rather quit to answer. By the way, may I ask how many returns did you get from this G after years of holding?
Understood. Choosing between them is tough. Regarding the 3rd choice, I can't advise because I am not familiar with Bursa stocks. I knew GenB and GenM because of Genting Singapore. 😀
Of course, I knew about Malaysia's banking stocks.. I bought CIMB at the start of Covid-19 in 2020 and sold it off around 5.40. Then I bought more Genting shares. That is my investment story on Bursa in the past few years.
Yes, its dividend yield is more or less equivalent to local banks FD, high NTA, many catalysts is coming ! don't see much shorting for this counter. just have to wait....
Thanks for sharings... Based on what you said, you should be buying genting around 2022. Generally not bad ya... In return, I share mine. My first lot of Genting was around 5.xx. Thats before pendemic. After that you all known, pendemic came, I tried to average down my position until the lowest that I had around 3.00. I sold all of them if not mistaken 5.xx. Then I started target on Ytl and held for years.
One more question, are you a Singaporean? Why you say you get known of Genting because of Genting singapore. This means RWG is not well known enough ya🤭
I live in Singapore. I mentioned GenS because it's significant in the Singaporean context. RWG is also well known, if not for cold eyes, I wouldn't have bought CIMB and GenB
You wouldn't believe it, but more than 50% of the SGX component stocks are either below or at the level of the COVID pandemic price. I am happy to have invested in Bursa..
https://finance.yahoo.com/news/lawyers-blocked-elon-musk-tesla-203825409.html The lawyers who blocked Elon Musk’s Tesla pay package are demanding a $5.6 billion payout and are prepared to ‘eat our cooking’ If the shareholders vote in favour of the pay package, Musk stands to gain up to $56 billion.. 真是天下烏鴉一般黑
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....
Pinky
3,476 posts
Posted by Pinky > 2024-06-11 16:46 | Report Abuse
Chasing hot stock is very stressful and tiring.