$GENTING (3182.MY)$ Buy what falls ?🤔

103706768 : Chill bro, DEC19 and Q1 next year is the real play. Dont let 1%-2% a day scare u.

101815705 OP 103706768 :

101815705 OP 103706768 : 看到你这个我放松了点

103706768 101815705 OP : I've figured it out, I recently bought at 4.1. Many retail investors were brought into the market by Taurex at 4.8. Wait until December 19 to see how Mr. Lim plays in the forex market, then see if Chinese tourists will come for the new year.

103559348 : May I know what is that about DEC19 ?

mygover : samee brother i bought 3.85

Jesuscry : School holiday

103706768 103559348 : Fed rate cut decision, Remember last QR genting made 550+mil unrealised gain from forex? If US intrest rate go down he get to keep the gain then end Q4 with big green if intrest rate dont go down as much then all of gentingm business gain for this year will be stuck in the forex trade.

Either way DEC 19 - DEC 31 will determined how genting end their annual report. Big green or lose money this year.

103559348 103706768 : oh, I see. seems like fed rate cut unlikely to happen ;(

103706768 103559348 : Projected to be - 0.25 to - 0.5%. If - 0.5% then his trade goes back to around 550mil unrealised profit, if - 0.25 then maybe left 300mil unrealised profit if no cut then he will have to hold out the forex trade longer annual report for genting = slight loss or slight profit.

Q4 QR of genting is dependent on what the fed and bond market do