| Latest Forum Topics / Genting Sing Last:0.61 -- |
|
|
Genting SP Next Move
|
|||||
|
SteadyInvest
Member |
16-Mar-2020 19:17
|
||||
|
x 0
x 0 Alert Admin |
Yes, by selling and taking a certain amt of loss , you are limiting your loss , preserve your capital by cashing out.
Also your money will not be stuck at that stock and suffers future unknown loss. You don"t have to worry anymore and putting additional fund to average out (and additional loss).
Of course, you are right that if you dont sell, you dont have any loss, ideally.
Think about it, how long are you going to hold ? how much funds are you going to average out ? what happen if the company mess up and wind up ?
Well, no right or wrong way, as long you are comfortable with it , it is your call.
|
||||
| Useful To Me Not Useful To Me | |||||
|
kandinsky
Master |
16-Mar-2020 18:44
|
||||
|
x 0
x 0 Alert Admin |
Preserve capital? You sell means you make a loss already, what capital preservation are you talking about? If a person doesn't sell his stock, there is no real loss, just on paper.
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
SteadyInvest
Member |
16-Mar-2020 17:47
|
||||
|
x 0
x 0 Alert Admin |
Not siding with anyone. After thinking through both ways, i think selling to preserve capital might be a
better right now.
To be honest, i used to do what kandinsky mentioned in the past.
|
||||
| Useful To Me Not Useful To Me | |||||
|
Johngenting
Veteran |
16-Mar-2020 15:50
|
||||
|
x 0
x 0 Alert Admin |
Thanks bro ..If you know you know
|
||||
| Useful To Me Not Useful To Me | |||||
|
Goldfinger
Supreme |
16-Mar-2020 14:43
|
||||
|
x 0
x 0 Alert Admin |
Getting quite bored with this Corono crap.  Just got a 6 month season pass to USS for the family.  Looking forward to enjoying some crowd-free visits and rides at USS. | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
SteadyInvest
Member |
16-Mar-2020 14:41
|
||||
|
x 0
x 0 Alert Admin |
Actually his method really make sense and much better than what you mentioned.  It is not about confidence or not enough fund to average down. By doin so, you preserved yr capital and limit yr loss. At this point of time, you simply dont know how much the fall going to be.  Your money is free up. Also when the time is right, yoi can buy more shares and recover yr loss faster  
|
||||
| Useful To Me Not Useful To Me | |||||
|
Johngenting
Veteran |
16-Mar-2020 14:31
|
||||
|
x 0
x 0 Alert Admin |
If you can buyback at 50 cent wth so much cheaper price why not GS won't recover in short periods.
|
||||
| Useful To Me Not Useful To Me | |||||
|
oldcoconut
Senior |
16-Mar-2020 14:26
|
||||
|
x 0
x 0 Alert Admin |
I agree with u 😊
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
lovetoshare
Elite |
16-Mar-2020 13:34
|
||||
|
x 0
x 0 Alert Admin |
nothing is impossible when time is bad. The share price can go away low discount at 50% and above..... Rem time is bad. low can get lower ...  | ||||
| Useful To Me Not Useful To Me | |||||
|
kandinsky
Master |
16-Mar-2020 12:24
|
||||
|
x 0
x 0 Alert Admin |
To me your logic doesn't make sense. You sell first, you will need to cover back past loss before seeing any gain. If you are going to pick up later in the hope that it will eventually go up, then why sell in the first place? The only possibility I see is you lack the funds to average down or hold the old position.
|
||||
| Useful To Me Not Useful To Me | |||||
|
SteadyInvest
Member |
16-Mar-2020 11:08
|
||||
|
x 0
x 0 Alert Admin |
Looks like genting is holding above 60 quue well.  However , this covid thingy still far from over.
|
||||
| Useful To Me Not Useful To Me | |||||
|
Johngenting
Veteran |
16-Mar-2020 10:45
|
||||
|
x 0
x 0 Alert Admin |
Sell 1st pickup later ...Will save a lot money yo
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Gencasino
Senior |
15-Mar-2020 22:02
|
||||
|
x 0
x 0 Alert Admin |
Most money is made when there is fear
|
||||
| Useful To Me Not Useful To Me | |||||
|
SteadyInvest
Member |
15-Mar-2020 16:45
|
||||
|
x 0
x 0 Alert Admin |
40cts is likely impossible. 50cts maybe. If 40cts, many those long term genting holders will cry no bark sai. | ||||
| Useful To Me Not Useful To Me | |||||
|
hengonghuat128
Member |
15-Mar-2020 16:19
|
||||
|
x 0
x 0 Alert Admin |
I think need one or two more bad news to drop to 40 cents.  | ||||
| Useful To Me Not Useful To Me | |||||
|
Trader130
Supreme |
15-Mar-2020 15:30
|
||||
|
x 0
x 0 Alert Admin |
No offence ah ... nothing is predictable 😂
|
||||
| Useful To Me Not Useful To Me | |||||
|
sengsk
Elite |
15-Mar-2020 15:08
|
||||
|
x 0
x 0 Alert Admin |
Just for Prediction ONLY ( No Offencing )![]()
|
||||
| Useful To Me Not Useful To Me | |||||
|
hengonghuat128
Member |
15-Mar-2020 14:50
|
||||
|
x 0
x 0 Alert Admin |
Okay. Waiting for 40 cents! :) | ||||
| Useful To Me Not Useful To Me | |||||
|
SteadyInvest
Member |
15-Mar-2020 14:39
|
||||
|
x 0
x 0 Alert Admin |
Have Genting sg dwitched to half yearly reporting?  If yes, then we can only know the real impact  on the next reporting. Malaysia genting i think also very bad,  everyday recieved sms email promtions from them. |
||||
| Useful To Me Not Useful To Me | |||||
|
sengsk
Elite |
15-Mar-2020 14:27
|
||||
|
x 0
x 0 Alert Admin |
Yes, 40 to 45C  Very possible.
|
||||
| Useful To Me Not Useful To Me | |||||


