July 13, 2010

GenM: Now it is a Buy?


Genting Malaysia Bhd, the country’s sole casino operator, rose the most in three weeks in Kuala Lumpur trading after Morgan Stanley initiated coverage of the stock with an “overweight” call and RM3.05 share forecast.

The stock rose 1.1 per cent to RM2.69 at 9:05 a.m. local time, set for its biggest gain since June 18.

I think we should retire all these fund managers and hire someone we can truly trust- Paul, the Octopus!

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