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Well, interstate tourism allowed in RMCO states. This is another small catalyst for GENTING. We are again one step closer to pre-pendamic share price of RM6-RM8. Imagine what could be the post-pendamic price where every one will eat, play, big spending on entertainment like super crazy? Hold your tickets, this is just a beginning.
IMHO, share price is relative, not absolute. Price that we see every day is not the same as intrinsic value. Unfortunately, many people only look at price.
Daily covid cases further drop to 1280. Cases drop, conditional interstate allowed, I will definitely hold my tickets tomorrow. Breaking 5.5 is very likely.
One day show of 20% profit is pure luck. Are you able to earn like that for the next 10/20 years? Stock market is a 20km marathon race, but too many people run the marathon with 200m sprint style. You will win at the first km, but will not be seen in the last km.
