Author Topic: why Coronavirus impact on certain counters is so mild?  (Read 224 times)

Offline StockGod

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why Coronavirus impact on certain counters is so mild?
« on: February 16, 2020, 06:55:49 PM »
GenM - It will start consolidate loss making Empire Resort and not many people will take the risk to visit Resort World Genting. No tourist form China. So, why GenM share price doesn't drop like Musang King price

RGB - its TSM segment will be affected by depreciation whilst revenue drop due to nobody dare to play slot machines. Its Sales & Marketing segment may also be affected. How come the price shoot up? Not complaining, as i have sold all my RGB when the price shoot up suddenly  :)

MAHB - some companies have issued directive to avoid flying. 11.9 million passengers in January. Let's wait for MAHB to announce passenger traffic for February. Should be low since is a short month and coronavirus. The announcement will affect GenM as well.

Airasia- Now Everyone Don't Dare to Fly. Why share price yet to drop till RM0.50?

Sunway REIT - people are avoiding crowded places including hotel and shopping mall  :thumbsdown: lower interest rate  :thumbsup:


Fluctuation in share price is good as it provides opportunity for investors with limited resources like me to buy at low price. Let the above counters drop as much as possible, then we pick them up in the month of July 2020 before Q2 announcement. Their results for Q1 to be announced in Apr/May will be bad.

Offline StockGod

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Re: why Coronavirus impact on certain counters is so mild?
« Reply #1 on: February 22, 2020, 11:41:54 AM »
Other counters affected

KSL - hotel business in JB
E&O - hotel business
SHANG - hotel business


Offline StockGod

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Re: why Coronavirus impact on certain counters is so mild?
« Reply #2 on: February 22, 2020, 11:52:01 AM »
accumulating some counters while others profit take

1. Comfort - compare to other glove counters, it is at lowest price increase compared to before covid-19. RM0.76 in dec19, now only RM0.83
2. Oceancash - huge demand for its product.
3. NTPM - Singaporean can find mask, using tissue instead

Hope another round of profit when they announce Q1 results

Offline ariffgoescrazy

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Re: why Coronavirus impact on certain counters is so mild?
« Reply #3 on: February 26, 2020, 12:47:26 PM »
Very rational finding bro. With the number of tourists dropping, yes I am curious to find out why. Hopefully someone could answer

Online alaotan

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Re: why Coronavirus impact on certain counters is so mild?
« Reply #4 on: March 02, 2020, 08:52:16 PM »
god ar. genm or genting better? with the new gov, do u still think genting or genm is a good buy?

Offline chaka_invest

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Re: why Coronavirus impact on certain counters is so mild?
« Reply #5 on: March 03, 2020, 01:49:29 PM »
Speak too soon.....

Offline StockGod

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Re: why Coronavirus impact on certain counters is so mild?
« Reply #6 on: March 09, 2020, 11:25:01 PM »
Bought some RGB. Hope can go lower so that can buy more.

I continue to buy Comfort and Oceancash. Oil price drop mean RM will depreciate. They will generate more RM from export sales. Glove counter raw material will be cheaper with drop in oil price.

Offline StockGod

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Re: why Coronavirus impact on certain counters is so mild?
« Reply #7 on: March 09, 2020, 11:28:03 PM »
Based on CLSA fengshui chart, market drop in March and pick up from April onward. Follower of CLSA fengshui chart would have started throwing by mid February, so should be picking up shares by mid March to catch the boat.