Buy now before too late. Your ridiculous price target is already past. My average entry 2.07 was not even the lowest. You can never predict a low entry. And recently the price had been stabilise at around 2.36 levels. I agreed the coming quarter will still be bad but investors seems to be holding on. And others see bargain at 2.36 level. Beside opening of the theme park are positives to future earnings. Trade on your own risks.
Good morning. I think with mass vaccination around the world, and our own vaccination to kick start in March, hard to expect GENM share price to drop to rm 2 below anymore...
I have predicted the low around +2.3..And I agree we never be able to get the low point entry, maybe some by luck were able to get it at rm 2...But it is unpredictable, lets be honest.
Share market always looking forward for 6 months+ ahead, which I think the upside potential really supersede the downside potential.
4000+ new cases yesterday. No improvement after so many days into MCO. Government looks quite lost. Surely a long n tight RMCO period expected, if no MCO come 5 Feb.
Once upon a time, a rich man from the city arrived in a village. He announced to the villagers that he would buy Monkeys for 100 each.
The villagers were very happy, after all there were hundreds of Monkeys in a nearby forest.
They caught the Monkeys and got them to the rich man. He bought hundreds of Monkeys and paid 100 for every Monkey the villagers gave him.
They began to make a living out of getting Monkeys from the forest and selling it to the rich man.
Soon, the forest began to run out of monkeys that were easy to catch.
Sensing this, the rich man offers 200 for every monkey. The villagers were ecstatic.
They went back to the forest, set up traps and caught the monkeys and got them to the rich man.
A few days later, the rich man announced he would pay 300 per monkey.
The villagers began climbing trees and risking their lives to catch monkeys and get them to the rich man – who bought them all.
There were no Monkeys left in the forest!
One day, the rich man announced he would like to buy more monkeys – this time for 800 each.
The villagers couldn’t believe this. They were desperately trying to get more monkeys.
Meanwhile, the rich man said he had to go back to the city on some business work and until he returns his manager would deal on his behalf.
Once he left, the villagers were unhappy. They were making quick and easy money from selling monkeys, but the forest no longer had monkeys.
This is when the manager of the rich man stepped in.
He made an offer the villagers could not refuse.
Pointing out to all the monkeys that the rich man had caged. He told the villagers he would sell the monkeys for 400 each.
“Sell them back to the rich man at 800 each when he comes back” the manager said.
The villagers were over the moon. Buy for 400 and sell for 800 in few days. They had just found the easiest way to double their money.
The villagers collected all their savings and even borrowed money.
There were long queues and within a few hours, almost all the monkeys were sold out.
Unfortunately, their happiness did not last long, as the manager went missing the next day and the rich man never came back.
Many villagers kept the monkeys with them, hoping the rich man would come back. But soon, they lost hope and had to let the monkeys back into the forest as feeding and taking care of the noisy monkeys became extremely difficult.
Selangor & KL is malaysia financial business hub & education. Most jobs, business and population high here & most development projects. Obviously here will have more cases. How can a kampong have higher cases than city. No surprise highest in selangor /kl. Full lock down will kill the economy. Its a chain reaction. U may think lock down dont affect u.. it mat not directly affect u but its a chain reaction. Hopefully they find the best solution weighing both covid and economy.
U want covid + poverty . Or covid only.
Hopefully genm got enough reserve to hold. Should i sell now while its still green in my port folio? Hahaha.
Keep the economy running at full steam only make the crisis worse. Reach 10k cases only decide a full lockdown? Can our country cope with 10k cases daily?????
Have to learn to live with covid. There will be mco off and on. One lock down wont solve problem. Will always have covid case spreading....hope they cushion the economy. Otherwise people not die of covid..but die of bankruptcy/ poverty.
No point with a lock down when it's gonna come back right after. Strengthening SOP and policing is the way forward. We should start vaccination program ASAP.
Billionaire Elon Musk has called out short-sellers who have bet against his company Tesla. On Twitter Musk wrote, "u can't sell houses u don't own u can't sell cars u don't own but u *can* sell stock u dont own? this is bs -- shorting is a scam..."
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....
OnionK1ng
91 posts
Posted by OnionK1ng > 2021-01-29 05:56 | Report Abuse
why so many negativity?