- Earnings are strong, PE 7.5 (latest quarter earning = 9cts, future PE = 5.2 (i.e. RM1.87 / (9cts x 4 quarter) )
- It had fallen to recent new low, with no clear reason except huge selling by it's investor FMR LLC & Smallcap World Fund Inc and not by it's founder.
IPO @RM3.50, 52-week high @RM4.30 (29/7/10), 52-week low @RM1.67 (15/3/11)
- Recent new low RM0.10 as at today, 52-week high @ RM0.21 (29/12/10), low @ RM0.08 (15/3/11).
- Positive future growth. Asian gaming stocks will only rise (e.g. GENTING). Its rival, Marina Bay Sands is trying to buy more lands, which means good prospect. Australia casino king is also commenting that world 2 most profitable casinos is currently in Singapore!
- It had sold it's money losing GEN UK to GENM. So, now it can concentrate on it's Sg business!!
I had allocated 80% for a 3-month OR 15-30% exit plan. (Medium RISK)
Another 20% shall be for a 1 to 3-week OR 10% exit plan. (High RISK)
Short term target: Grow my fund at 50% within 6 months.
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