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Even with LA opening their QR wont recover even on 2022. But look at the share price can go up... phew.... unbelievable nowdays how all the sharky can push it up and cautious though it can push down also. Reasonable TP4.2 for now.
Only stupidity 97% investors will buy when Nice QR and Good news .
i don’t hope too many retailers come buy Genting . let my self stay with Local institutions and foreign Fund , U all stupidity ikan bilis please wait 2023 All Good QR out and pandemics End Just come buy This is safe for Retailers.
Now too High risk let my self here .
According to Kyory Lau news sharing, yes Genting need to folk out a lot of money of over USD100million for the Miami project. Yes we do believed Genting is cash rich but digging like this and prolong losses of over billions, will eventually exhausted their savings. Thats why a lower TP is expected in near term. Hence in my opinion at this current price of over 5 is not sustainable. To those haters and only wanna hear good things, trade at ur own risk appetite, my analysis might be wrong also. And further, of course I also wanna buy Genting shares but not at this price. Cheers, your money your choice.
pandemic will under control before 2022, investor and IB always buy for future,
don't believe IB TP or report,they always have 2 version report, 1 for internal another 1 for public,get what I mean?