Genting Singapore: Long term share price weakness can be a bad sign

JohnnyYoung
2022-04-30

$GENTING SINGAPORE LIMITED(G13.SI)$

The main aim of stock picking is to find the market-beating stocks. But in any portfolio, there will be mixed results between individual stocks. At this point some shareholders may be questioning their investment in $GENTING SINGAPORE LIMITED(G13.SI)$, since the last five years saw the share price fall 26%.

Genting Singapore shareholders are down 11% for the year (even including dividends), but the market itself is up 5.4%. However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. Regrettably, last year's performance caps off a bad run, with the shareholders facing a total loss of 3% per year over five years. Generally speaking long term share price weakness can be a bad sign, though contrarian investors might want to research the stock in hope of a turnaround.

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Comments

  • RedpillBluep
    2022-05-03
    RedpillBluep
    I would kindly disagree, Chinese everywhere like to gamble and that is a general fact that everyone knows. once the pandemic goes away, I'm pretty sure genting's stock will improve. Well, who knows?
    • JohnnyYoungReplyRedpillBluep: 
      yea, i know. But I mean tourists from China are so important to the casino industries worldwide...
    • RedpillBluepReplyJohnnyYoung: 
      when I say Chinese, it's not only the ones in China. Their overseas operations are huge as they know overseas Chinese like to gamble. Casino and prostitution are the oldest trade since human history.
    • JohnnyYoung: 
      Well, so when the pandemic will go away? Especially for those Chinese in mainland China, they cannot even apply for a passport to go abroad at the moment.
  • TeslaTTM
    2022-05-02
    TeslaTTM
    buy tesla and see how it goes to the moon.
  • Big Little
    2022-04-30
    Big Little
    Seow. Which stocks in the tourism and MICE linked sectors did well in the past 2 years?
  • setia100
    2022-04-30
    setia100
    Stay positive 👌 It's recession proof stock. Sell it after recession over😂
  • stkwok
    2022-04-30
    stkwok

    Like 

  • Ericdao
    2022-05-03
    Ericdao
    Don't look good as yet
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