After going through a deep analysis of Genting, the outlook of Genting
in 8 to 12 months is not optimistic. GENM already dropped from its peak
RM 6.38 to the current price RM 2.07, we can say it is a long bearish in
Genting. All newly open investors are trying to hold Genting for the
long term now, they may get trapped into it.
Genting is doing business that involves group activity: casino, theme
park, shopping mall, etc. In the coming months, the government might
continue to implement measures to avoid the next Covid-19 exposure.
My opinion:
- In the current situation, long term is not the wise choice for Genting
- Short Term Trading is the best way to earn in the current market
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https://t.me/bursashortterm
https://klse.i3investor.com/blogs/bursatrade/2020-04-10-story-h1505923413-GENM_4715_Genting_vs_Covid_19_What_is_the_next_steps.jsp
