GENTING - Sold at RM7.27

Finally, gotten rid of my Genting all at RM7.27. As mentioned earlier, needed some money for early settle of car loan and to foot some operation medical bills :( 

Things just come unexpectedly, so, have to dispose some to raise those fund, as i am almost 80% invested and Genting being the heavyweight that can realise my fund instantly. Thus, have decided to dispose all of them. Nevertheless, I still retain most of my other shares for dividend.

Recently, have added some high dividend yielding counters in my watchlist. You can probably take a look of them as follows:-

PIE, NCB, BSTEAD & AJIYA.

I believed those counters mentioned above are very solid, strong in fundamental, aiming for growth, dividend and long term keeping. Till then happy trading. :)

Genting upgraded to 'buy'

Read the snippet news below :-

Genting upgraded to 'buy' at Maybank

Genting Bhd, Southeast Asia’s largest publicly-traded casino operator, was upgraded to “buy” from “hold” at Maybank Investment Bank Bhd on optimism its Resorts World Sentosa project in Singapore “will pull in the crowds” and boost its earnings.


Maybank also raised the company’s share price estimate to RM8.85 from RM7.08. -- Bloomberg
 
Upgrade from hold to buy from RM7.08 to RM8.85. Just get the different between the two prices (8.85 – 7.08), a RM1.77 upgraded and is 25% increase in price. What does this mean ?


It means GSP/Resorts World Sentosa can boost Genting earning by 25% assuming RM7.08 is fully value price. Wow !!