Are you panicking about the significant drop in Shuangyun's stock price? ~ Gen Ben Junlang
My average holding price for GENM is 2.53 ~ I consider that my performance for GENM over the past 4 years has placed me in a safe zone (other information I have seen online indicates that there are more people holding at average prices of 2.7x ~ 2.8x (whether they sold later is unknown) ... The key point of holding with confidence is that whenever GENM issues new bonds to recover old ones or exchange old bonds, it will fall within this range (Key points for determining the issuance price and fixed interest payment of Genting-related new and old bonds in March, April, and May every year)...
After hovering below 2.3x, it almost always rebounds to above 2.6x (based on four years of data) ~ However, this year is different as it briefly rebounded to 2.58 in August, and then steadily declined, failing to return to above 2.5x even before the dividend ex-dividend date (the key factor is that the market has been selecting Genting, very likely losing its status as a component stock of the SSE Conglomerates Index 30 components) ~ If converted to specific funds (with index stocks as the main component) that choose to continue to sell positions (Following the nature of the fund itself requires holding new stocks that meet the top 30 criteria such as last year's entry of new stocks welcoming Shuangyang (YTL~YTLPOWER) into the top 30, stocks like Westports, AMMBANK, and earlier DIALOG.INARI that dropped out of the index component status plummeted)...
Setting aside the nightmare of 30 mega cap stocks, Shuangyun's own operations, finances, and international (Shuangyun's business is a multinational corporation with a global presence) situation have not shown any adverse phenomena in the two quarterly reports (instead continuously showing bullish growth) ~ The short-term price volatility is not difficult to understand, just emotions driving it, and the trading volume has not consistently increased (meaning it's the quantity of funds being withdrawn)...
However, it (GENM) has still dropped below the strongest support point of 2.23 ~ this is a fact ~ the outcome is predetermined, there will be significant events following!!! (As for what those events are, I do not know)...
Recently, there are very few stock friends and comrades around who are buying Shuangyun ~ personally, I don’t think it’s suitable ~ if it really falls out of the top 30, the stock price will likely experience another major drop (large retail investors selling) which means its buyback bottom price would be even lower, for example, 1.8x ~ 1.5x ~ you must wait for all factors that can influence it to be confirmed before its true response based on fundamentals and stock price appears (it’s not too late to enter and lower the average holding price at that time)...
On the contrary, most stock friends choose sporadic purchases of GENTING, 3182 (the so-called Big Genting) ~ comparative data and its significant short-term gains in stock price in recent years make it more attractive (that's the mentality of my stock friends around me ~ especially those who experienced the 2022 election making a big profit due to the return to power of the Islamic party (4.0x ~ 5.1x)...
In the LBF group, I also previously revealed that the comrades' GENTING battle is currently bought in a small amount ~ The key battle is at 3.6x ~ As for whether a lower price (during MCO, GENTING has touched 3.0x twice in a sharp rise and fall), it depends on the individual's ability to add more (this depends on the calculation of dividends earned in the early purchase for 4 years, there is actually no loss ~ wanting to compete is simply wanting to earn more (depending on one's own ability))
**Are you panicked by the sharp drop in the Shuangyun stock price? ~ Fundamental Jun Lang
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103174265 : Should I sell or keep my position at 2.54 now?
101835278 OP 103174265 : Wait and see~ Optional to exchange his CW for a purchase of 2.3 mother shares in a knockdown.