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will continue down ,break 3 rm. my expectations base on current status
Genting no have any strong earnings source. how can rebound imm. May take up to 3 years to recover depending on covid status
I means if you got 10,000 shares for instance at RM8.90 means RM89,000 and even if you buy now at RM3.35 for 2,000 shares which cost RM6,700 means total investment RM95,700 then divide by 12,000 shares average price also down to RM7.98 instead of RM8.90 but you can monitor 1st since the share price on down trend. You can wait till its shown clear stability and moving average meet golden cross only enter.
you should cost avg down. GentingBhd is a good counter, but not in this short term. keep holding at high price will impact the cash flow, in my opinion.
Ajinomoto is a good company....I still watching it & try to enter at right price....maybe you can add on plantation stock too for dividend gain....I hold 5 stock, just MBB red and 1 sometime red sometime green...haha
Internal management and staff seem accumulating both GenM and Genting recently which we hope for good to come especially those handling group accounting shall know how business on going after casino resume operation both locally and overseas.
to be positive everyone also wishing "Eventually it will goes up" or "It will go up" but when is the will only happen? Personally i forsee genting will getting lower again unless you got extra money to hold as long term investment , how long ? 5 years can covid go away ? 10 years ? or no body know .....
you expect covid-19 to stay on for 5 years? if that is so I believed is the end of the world. Enjoy every day left for you while you still breathing . Stop looking at stock market.
100 years of covid also the world won't end la hoi. 99% of ppl can survive with covid. only 1% will die. life goes on. The last known pandemic lasted for 3+ years. and frankly speaking, non of us know when this will end. think about it. when it started, we all thought 3-4 months then will be gone. now almost 1year dy.
