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Why negative - 700m still can up price to $2.70 ? Covid reported in Genting Malaysia also. Experts say $ 1.90 to $ 2.40 . People sentiment $2.70 all in. Haha. So how to justify?
1st u must know the sources of covid. The infection is 3rd party not genting staff. All are foreign worker which already sent to Kl/Sel. 2nd, genting main income from casino which prevent certain race go in which the most infected race. so casino basically is safe. and after ban lifted sure many ppl hand itching.....
Why - 700m still up? I think in most ppl mind, include myself, thinking that genm - 700m is due to the mco and covid virus. All this just temporary, and believe in future it will do better. Imagine the business is still expanding to US, and the theme park is opening soon in genting highland. Many more positive impacts is coming in future. Ppl is buying their future. Some more this company still give huge dividend even making loss in this 2 terms. Where to find such good management right?
