Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
Green, might reach our entry point at 3.8 soon. Luckily sold 3/4 of my holdings at 5.02 that day. Future prospect good but malaysia political unstable really ruin malaysia stock.
Fan-Other corner of the world is under recovery. But Malaysia seems entering into more chaos political and out of control pandemic. I will never hold long at the moment, holding cash and have high flexibility in investment. It is alright not generate any profit, but it is disaster if holding stock at high price.
Right now nasdaq is hitting new high, and look back to historical chart when Nasdaq hit new high it will have some deep correction. If this few day malaysia tech still dropping, then it’s not a good sign for those that still holding.
Fan-for EV sectors, I will correlate JHM/D&O with Tesla/Nio/Xpev/BYD and down stream sector such as ChargePoint (CHPT)/Blink(BLNK). So far, I haven’t get any info on local company involving in EV charging equipment business.
Green, I heard that pestech macam got involve or related with ev charging. Perhaps u can have a look on that company if u are interested. But right now I start to put my focus on us stock. I only left d&o frontkent , genm and airport with me now. Left is pure cash. Still waiting for the correct price to buy in
Fan-between political instability and pandemic, GENM least influenced by political issue and pandemic will over soon. Most people can’t wait to go out Jalan-Jalan. Don’t laugh at me, I am targeting GENM TP above 4.00.
Ya green. My tp for genm is 3.6 which is lower . But I do agree that once pandemic over people will start to 报复性消费. But one thing need to look at is how good or how fast malaysia can do the vaccine injection in handling the COVID-19. Right now from 8k cases to 5k+ seems control. Hopefully next month would be around 3-4K.
Fan-Malaysian completed vaccination 5mil, daily rate 250k, by end Aug should complete 23 mil, about 72% of total population. Means GENM will gradually rise from 2.90 to 4.00 within 2 months. So we can eat the fish head and fish body, profit 35%. If waiting from Sep-Dec, 4QR will generate higher profit, big fish, cheer!
I started collecting every 0.20 on dip in GENM price.
Fan-yup, 2.60 will invest another 5% from my portfolio. Because MCO Extended another 2 weeks. This will total up my GENM to 8%. If 2.40, I will add on to 10-12%.
2.58 is the support, once broken need to see around 2.2 d. But I guess likely won’t hit below 2.58 as currently the vaccination progress well and by July and august more and more private sector would start to inject the vaccine then self.