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I heard a lot of experienced players advise to buy after the q2 result announced because they foresee a price drop after the announcement..anyway the money is yours, you decide.
Better don't invest in Genting now because its poorest 2nd quarter result will come out by the end of August...be careful...same thing happened to Airasia...big dropped after announcing its poorest result yesterday
the difference between gen and aa is gen boss got huge cashflow backup to buyback shares. aa no cash with high debts and not able to share buyback when people sell
I doubt qr would be the time to go in. Qr usually out end August. Perhaps the price would be on the higher end of Rm4 by then. And knowing the management, they would counter the panic sell to prevent it from drastic fall. Also, keep in mind that they have other businesses, besides hospitality/gaming industry which was still making money(although I'm not sure how much is the earnings from their other sectors).
