PE is good to understand and learn in school. But in real world scenario risk, opportunity, market condition, management capability etc. does NOT translate directly to PE.
Plug: not to mention this James guy will literally make a video/article about any hot stock. Of course he will end up picking a few that perform very well and claim his prediction was right.
Malaysia National Covid-19 Immunisation Programme starts end-Feb 2021 and expected completion by end-2021 (looking at the speed of progress, likely earlier). Full vaccinations are not required to see the effects of Covid-19 cases and most importantly deaths coming down (see Israel). Hence, by 4Q21 (Oct-Dec) you should be able to see the full effects. Note markets are 6-12 months forward looking (see Gloves). Therefore, latest by 2Q21 (Apr-Jun) we should see share prices pop back to at least pre-pandemic levels
Note: this has not take into account re-rating catalysts:
a) Pent-up demand from revenge travel and gaming (Lifting of lockdowns - MY; UK) b) Skyworlds (2Q) and Resorts World Las Vegas (summer) c) Celularity Inc listing (2Q21; assume 10% holding only) d) *Mashpee Wampanoag Tribe promissory notes USD426.3 mil write-back e) Resorts World NYC expansion f) Resorts World Hudson Valley g) New York state sports betting license bid h) Japan Integrated Resort (IR) bid i) Resorts World Sentosa upgrading j) Plantation - CPO record high k) Energy - Brent crude oil above USD 70 l) Property - Cyclical sector in an upcycle m) Life Sciences - Vast potential (see US biotech and genomics co's) n) International borders reopen / travel bubbles / vaccine passports o) WHO declares pandemic over
Genting which is a Recovery / Value stock is now also a massive Growth stock
Disclaimer: The information and opinions expressed here are for educational purposes only and the contents of this post should not be construed as financial advice and does not constitute a buy or sell call. Consult your investment advisor before making any investment decision.
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....
TheTruthHurt
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Posted by TheTruthHurt > 2021-03-04 22:14 | Report Abuse
PE is good to understand and learn in school. But in real world scenario risk, opportunity, market condition, management capability etc. does NOT translate directly to PE.