Governance failure …market does not trust management ie CEO. He can any time do party related transaction dump expenses on to associates, dump shares, etc…it is behaviour deficit….otjerwise more than 50% under valued!
Let’s be honest lot of these old family owned companies like YTL Genting benefited from old style,of doing business which relied on favours and corruption to get contracts …the world is moving on. Look at China, they have brought to justice many corrupt corporates…..corruption involves 2 parties one which pays to get business without competing, and the other t party awarding contracts without getting necessarily a big reward…anthying was sufficient. In South Africa, black African natives were not able to get mortgages or loans to buy anything and the whites dominated buying properties which rose….90% of CT in hander of these people…not that they were brilliant but were in power hence to this day they have financial,control. Not much different here.
Unlike those days, it’s not easy now for any usual John Doe on the street to make a meager return on investment for themselves. One may think they cud manage their retirement funds on their own. Most of these ppl may not yield any positive result doin so. It’ll b lucky if they cud get their capital back after years of investing it. Tis the cruel reality of today’s world we live in.
Intel GG already, lose out to TSMC. Intel can just close all their fabs and let TSMC make their chips for them. It's the only way to survive. ASML sold their most advanced chip making tools to them. They don't know how to use them right. Intel is no Thor, the hammer is not meant for them.
During Covid in 2020, this one traded around level with CIMB at 3+ ....now CIMB trades around 8 and this one still trades at 3+ ....investors who opted to invest in Banks stocks instead of this one, would now be "laughing all the way to the bank"
Posted by AngTayKor > 2 months ago | Report Abuse ATK a ghost or not you decide lor. Hope some traders / trader cum investors here have read and exited promptly near the 5.20 top.
Then buy again at around 4.50 zone, exit at around 4.8+ zone. Then buy again at around 4.50 zone, exit at around 4.8+ zone. Then buy again at around 4.20 zone, exit at around 4.50 zone.
Its not difficult to trade this stock. I started buying when price was 2.97. When I stopped trading this stock long time ago, i think its equivalent to profit of selling the stock at over 8.00. -------- I have never shorted a single GenB stock. Better watch the stock's price action, the market is already whispering something now.... --------- Trader has already given his views if you have read his posts carefully over the past couple of days. *******************
Posted by Michaelchan2024 > 1 month ago | Report Abuse 很多事后諸葛亮嘛,吹起来谁不会? Haha, everyone can be a hindsight expert. He sold at 4.50...let’s see if he can actually buy back at ....4.40?? 😂🤣 and show his strategy in action. Making a 30-cent profit sounds good in theory, but we willl see if he can really achieve it!!! ============= COLLAPSED TO 3.92 =============
==> Broke below 4.00 key support to 3.92. It can be done. You didnt believe in trader's skill and prompt warning exit calls, else would have easily exited at 5.20, 4.80+, 4.50 zones.
@eagleye, Hi, my bank portfolio is now a little smaller. YTD it appreciated 30%, so I decided to take some profit, some chips off the table. I normally don't trade....but after following what sifu ATK has been "teaching"....I decided to follow to trade a little....haha :p
Yes sifu ATK, where is the super bull MC ? ---------
Aiya TaoKay, @MC was bashing banking stocks last yr (big winners), bashing skillful trader who made spot prompt exit warning right calls. @MC now probably bashing himself liow 😀😀
This stock very 可怜啊, fear mongers come here n 踢管 but all the perma bulls become cowards went hiding dont dare to come out to fend off fear mongers.
Posted by mushimushi > 2 days ago | Report Abuse AngayKlown stays quiet again, show us your trading records, you still in the black? or you already all in? The WApp scammer clown's turn to make noise now, he is very emotional, he is likely in the red too 🤣 ---------------- Posted by mushimushi > 12 minutes ago | Report Abuse I thought AngayKlown suicided 🤣, still alive and annoying apparently. --------------
Aiya Jeepon clown, price at 3.94 now, 99.9% of those who bought over the past 3 years all lost money.
This Jeepon clown just good at entertaining everyone here and making me laugh. If a skillful trader can give prompt exit warnings at 5.20, 4.80+, 4.50 zones this year, this person is not a normal skillful trader. This person is definitely a top class skillful trader. Why bother abt other people's P&L when your own P&L already in deep deep red? Better watch your own stock positions bought during penthouse price la hahaha... 🤣🤣🤣
NEW YORK (Nov 2): Warren Buffett and Berkshire Hathaway extended their retreat from stocks in the third quarter, slashing their holdings in Apple and boosting cash to a record US$325.2 billion (RM1.43 billion
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....
troy88
3,007 posts
Posted by troy88 > 1 week ago | Report Abuse
Share price was higher in 2021-2022 when Genting was making big losses because of pandemic. KLCI is a joke. Casino de bursa forever..