I am waiting so-chai 天哥 post article ask his all followers hold tight tight, this is long long long term investment, be patient, it will back to rm 4 or 5 in one day ........ hahahaha
I previously sold a significant portion when GENM was rising from 2.7 to 2.9. Now as it falls back down to 2.5, I am queueing to buy back the portion of GENM sold previously. Just a simple GTC order and let market decide. I think it may fall below 2.5, hence, set a budget like 2%-2.5% capital, split into 2-3 parcels, enter the first order and then just wait.
My investment goal is a modest one - 6% dividend yield + 3% per annum price gain yield giving total returns of 9% per annum.
As GENM is highly liquid stock, I have no problem to share this idea upfront, as I suspect GENM is quite unpopular these days with its frustrating price action to many impatient investors.
Maybe it is time to headhunt for outsiders to help manage Gentings' assets. The founder's family seems to have encountered too many mishaps since Covid 19 and market analysts have given their verdicts. Hard to understand how a company with a casino monopoly can perform so badly in its share price. Perhaps a rival group within the family can buy up a substantial stake to shake up the Lim family group.
This one, many moons ago every body syok at 3.50... Haiyoh now close to 2.50 arh, apa macam!? Lots of stocks fly Highers previous many moons ago. But now sliding lower. GenM is one of them. 🤔..hmmmm
I have my kopi and read all the komens and laf 😂 laugh..Interesting all of your komens. Invest/trade carefully 😜 or else loose pants. Only dividend guy seemingly is like smartie making 🤑..money. If true 😂 😁 good on him. Maybe can learn from dividend guy!! Hehe
How can you ever make money from dividend? I bought pre-dividend 2.90. Dividend 9 cents ex-dividend 2.78 now 2.56. Please tell me who made money from dividend play?
I am waiting so-chai 天哥 post article ask his all followers hold tight tight, this is long long long term investment, be patient, it will back to rm 4 or 5 in one day ........ hahahaha
Kfliau, I will understand. Anyway deduct dividends from your cost. Hopefully in time you will be in the positive. Gen BHD and GenM and Gen Spore all seems just languishing. Last oks kind like long long way. Don't know if can go to good old glory days. Hope this bull run still has more steam to go ! Trade/invest carefully 😜
Tuesday will buy this counter’s shares, give them some support. They a bit “sui” this year. General meeting a lot ppl not happy, revenue up but share price drop, now theme park on fire
Insurance will just pay to cover the building cost, but it will not cover the revenue lost! GENM share price will expect to go further down on Tuesday..
Before pandemic i m genm support also , but after deeply research i realised genting really not a good investment anymore compared with 30 years ago ! Feng shui also no good , bad luck continue knocking door ! Their share also weaker than many other substandard companies !
Public Announcement on the fire incident at Resorts World Genting (Update)
We would like to inform you that the fire at SkyAvenue, Resorts World Genting, was extinguished at approximately 7.15pm on 14 June 2024. All visitors were safely evacuated and Jabatan Bomba dan Penyelamat has given clearance to reopen SkyAvenue.
Majority of the outlets at SkyAvenue will remain open, except for a few in the vicinity of the affected area, which will be temporarily closed.
The "Best of Chen Lei Hits 2024" concert in Arena of Stars will proceed as scheduled. Our theme parks, Genting SkyWorlds and Skytropolis, along with other attractions, are unaffected and will operate as normal. Awana SkyWay will also be operational as scheduled.
if you want to buy GENM, coming Tues not yet good timing. Wait further till it slide down to rebound stage. No hurry to get in, remember low can be lower.
Genting on fire! Bad omen! RED Next week.... If many stocks, including those loss making counters has its share price increased substantially while GenM, from loss to good profitability and consistent dividends still had its shasre price below its pandemic time, you can expect more downtrend with its recent fire...
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....
poh090
1 posts
Posted by poh090 > 2024-06-10 10:25 | Report Abuse
can buy now? got potential up?