Oct Profit/ Loss sharing #3
$GENM (4715.MY)$ got some flak today for reduced foreign tourists, which account for 20% of its business. This was no thanks to MYR value appreciation, which adversely affects local tourism.
It's was also criticised for the high utilisation of debt. For this reason, even though it pays a good dividend, it might not be the ideal long-hold stock I initially thought it to be. Something on my monitoring to-do list now to see if this metric improves.
How would you view GENM in a retirement portfolio? Share more in the comment section.
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I'm a casual investor from Malaysia, learning, diversifying, and taking charge of my retirement funds.
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