Genting Sing

Q&A › Category: Dividend Stocks › Genting Sing
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Casey asked 7 months ago

I looked into my CDP account and saw this stock .  Bought a very long time ago.  Is it worth  holding onto ( not on 5P watchlist ) or sell and focus on those on watchlist.  Thanks for your attention.

1 Answers
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Rusmin Ang Staff answered 7 months ago
Hi Casey, We don't own sinful stock. Casino is one of them. I have not research on this company for the reason above, so can't comment much. Perhaps why did you buy the stock in the first place? If the reason is no longer valid, then might want to consider selling it.
Casey replied 7 months ago

Was bought long time ago. Yes. Thanks for your feedback.

Casey replied 7 months ago

Rusmin, just wondering why you reckon Genting is “sinful” stock. Good to know and be able to identify for future stocks. Thanks

Rusmin Ang Staff replied 7 months ago

Generally, casino and tobacco are considered sin stocks. To a certain extend, some people also classify adult entertainment and alcohol as one. It is always debatable, really. Just invest in something that you’re comfortable with. There is no right or wrong… Plenty of options to choose for investing, so it is quite easy for us to avoid them.