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Most welcome Mel.. after today closing.. I try to mark what is the lowest price possible for tomorrow if drop again.. but I think if tomorrow drop again Index near 1,616 I might buy a bit.. if Index drop below support level then will have to chart to project what lowest can its go..
If it is not cos of the UK mutate virus.. then we don't have this chance to buy low again.. take it as good thing and see positively will be better..:)
Great Ricky.. I think once enter 2021 and near to vaccine arrival to Malaysia will be good.. next year Qtr 3 and Qtr 4 shall be good years for Genting Group
Kyory, now Malaysia share depend on US and Vaccine, any news will have big impact, recently not so positive (to earn) for the share market, but it is the opportunity for re-enter at low price.
Ya.. wait for good opportunity.. now is UK got mutate virus and lockdown.. worry is US side got and announced lock down then "dabao".. as they are still world biggest economy anyway.. and you can see any new developments on this virus spread and effectiveness of vaccine give big impact on Genting share price..
I think if we said UK and US if any lockdown affected mostly shall be GenM while Genting Singapore have news yesterday that expecting improving revenue and will begin resume pay dividend again which shall benefit Genting
every country use almost a year to develop the vaccine, if vaccine unable to defend the mutate virus, another one year need to be fight for it..... that why I sell it last week. maybe I am over thinking the worse situation.....
I don't suggest cut lose June if you have the holding power.. maybe if drop till price stable then if you got extra money can buy additional to average down your price.. RM4.80 I won't consider as high price.. if everything good for Genting to move back to RM4.80 or above will not be major problem.. it is all about timing
i see. Seeing the huge drop making me gan jiong. But i believe genting will shoot back to 5 and above , just matter of time as Kyory said. Patient is important now (telling myself) ..
Hi Michael, call warrants are issued by Investment Banks which normal valid between 6 to 9 mths expiry.. normally they will affects the mother share price when near to expiry depend on which proposition of call warrants and exercise price.
I myself don't trades call warrants.. even if you really wish to buy then preferably warrant (issue by the company itself and have longer expiry date in years) or option.. that's will give you higher winning chances
Depend on your exercise ratio also.. call warrants in Malaysia if not mistaken you can only choose cash settlement can't exercise the rights to convert into shares..
asked my remisier and he reckons this whole week will be painted RED as everyone spooked about the virus. he predicts, next uplift should most probably be next week assuming nothing else develops
KUALA LUMPUR - Malaysia will begin administering Pfizer's Covid-19 vaccine as early as February, with Prime Minister Muhyiddin Yassin among the first to receive the shot before front-liners.
The government will also procure enough vaccines to cover more than 80 per cent of the population.
haiya... u guys very bad. Sold ad, then ask others follow suit. Wait ppl sell at low price, then u buy back. if u want to earn this kind of money go to ask ppl sell on downtrend stocks, it is easier to persuade ppl sell.
Whether is a technical rebound or profit taking have over and share price will continue the upwards momentum tomorrow shall know.. every person buy and sell shares at their own discretion and responsibility. Count on yourself and know well what you are buying and what is the purpose then you don't have to ask anyone for direction. We just can share information.
Hi Tempura, if you don't mind to share which indicator of chart shown you is going down amd target price at RM3? Moving Average, MACD, RSI, Coppock, VCP or what?
So far there are no indicator to show able to go down to RM3. Unless it able to break the support line 4.30 and 2nd support line 4.00. The RM3 is just my target price.. But I believe it is worth start to accumulate if it drop below 3.50.
fish, yes u r giving opinion by spreading negative sentiment to the stock hoping to get in a lower price. C'mon, u don't have to earn money by making other ppl potentially cut loss due to your unjustified opinion.
but again, this is just my opinion toward you, i didn't mean to ask ppl judge about u.
Ming Kang Chai, do u feel u think too much? when I feel it is downtrend I just said it out. Not because I said it is up then the stock price will be up and I said it is down the stock price will go down. I can't influence other ppl buying or selling. I just gave my opinion based on market sentiment and chart.
not enough indicator for me to track tomorrow momentum..if everytime can know uptrend or downtrend I m genius lo...for me not a good time to buy in by tomorrow. Hahaha...
Tempura fish, if a candle show bullish engulfing in downtrend stock not a signal to buy in.. Then when is the best time to buy in?? Buy When it break the support line??
@mei..I bought few lots during the last sell down...buying Genting still makes you sleep well, knowing it will goes up eventually. Over times it will demonstrate its abilities to makes much profits, cheers !