Latest Posts By pharoah88
- Supreme
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16-Mar-2010 11:51 |
Genting Sing
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GenSp starts to move up again
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CasinO Dress Code sO dOwn? S$100 casinO lEvy iS at faUlt. gOvernment shOuld nOt nOt take away the S$100 dress budget Of singapOrean and PR casinO visitOrs this is a BAD pOlicy |
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16-Mar-2010 11:38 |
Tiger Airways Rg
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TigerAir
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The BilliOn dOllar QuestiOn iS "WiLL SiA allOw TiGER AiR tO fly SHANGHAI & BEIJING rOutes?" The EffEcts: TiGER AiR will bOOmz bOOmZ. SiA prOfits will bE dampEnEd, cOnflict Of iNTERESTS whO's iNTEREST iS mOre impOrtant? jUst LiKE GST is gOOd fOr the gOvernment but nOt gOOd fOr the peOple. That is why GST is rEfundEd tO tOurists. hOng kOng has nO GST absOlutely. anOther blOOdy jOkE
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16-Mar-2010 11:29 |
Healthway Med
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healthway, healthy?
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On HiNDSiGHT, it wOuld have been mOre prOfitable tO trade Over the last twO mOnths. bUy mOre nOw when iT iS chEap and sELL later tO take prOfit. |
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16-Mar-2010 11:26 |
Golden Agri-Res
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GoldenAgr
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Key Points Next Target S$0.540 Life Line S$0.505
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16-Mar-2010 11:24 |
Keppel Land
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Kepland
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TRiPLE bOttOms Pending breakOut UptrEnd
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16-Mar-2010 11:21 |
Keppel Land
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Kepland
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S$0.08 dividend EX-DATE on 27th APRIL 2010 Analyst TP S$4.53 Kep Land is an UNpOlished GEMS |
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16-Mar-2010 11:17 |
Genting Sing
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GenSp starts to move up again
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When 25 funds managers lOng, the suppOrt WiLL bE thErE. | ||||
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16-Mar-2010 11:15 |
Genting Sing
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GenSp starts to move up again
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Response to our organised tour was good, where 25 fund managers from both Malaysia and Singapore joined in on the tour. | ||||
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16-Mar-2010 11:13 |
Genting Sing
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GenSp starts to move up again
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Company Update Keith Wee +60 (3) 9207 7638 Keith.wee@osk.com.my Genting SingaporeCloser to Reality BUY Target SGD1.13 Previous SGD1.22 Price SGD0.93 GAMING Genting Singapore is primarily involved in the development of integrated resorts, and operation of casinos and other lesiure and hospitality services Stock Statistics Bloomberg Ticker GENS SP Share Capital (m) 12,161.0 Market Cap (S$m) 11,309.8 52 week H 3mth Avg Vol (‘000) 131,553.0 YTD Returns -28.5 Beta (x) 0.90 │L Price (S$) 1.32 0.42Major Shareholders (%) Genting 53.8% Share Performance (%) Month Absolute Relative 1m -12.3 -16.03m -13.9 -17.16m -11.6 -17.612m 128.7 20.96-month Share Price Performance 0.80 0.90 1.00 1.10 1.20 1.30 Sep-09 Oct-09 Nov-09 Dec-09 Jan-10 Feb-10 Mar-10 To get a better feel of the casino visitation post it’s opening euphoria and the vibrancy of its non-casino facilities before the opening of Universal Studios Singapore (USS), we visited Resorts World at Sentosa last week. Response to our organised tour was good, where 25 fund managers from both Malaysia and Singapore joined in on the tour. Although the queue into the casino was shorter compared to the first week of opening, the mass gaming floor areas was still vibrant. However, looking at the lower than expected number of tables and slots in operations and the lag in the ramping up of capacity, but partially offset with higher yield per table we have reduced our FY10 and FY11 EBITDA by 6% and 3% respectively. As a result we are lowering our TP from SGD1.22 to SGD 1.13. We maintain our BUY recommendation and continue to like the RWS long term growth prospects. The stock has suffered a significant retracement of more than 26% over the last two months and valuations are now at a more reasonable 13.1x FY11 EV/EBITDA. Smooth flow. less than 35 minutes to reach the Festive Hotel at RWS from Changi airport, with a much shortened journey of less than 20 minutes if one were to hop into a cab instead. Despite a relatively slow moving bus ride from the airport to RWS, it took usStrategically located to tap foreign arrivals. its ability to package unique theme oriented Meetings, Events and Conferences with Universal Studios will be a key long term positive in driving foreign visitation and tourism arrivals into RWS, in our view. Case in point, we noticed a number of international airlines staff checking in and out of the Festive hotel during our two day one night stay, while management has indicated that the pipeline for meetings, events and conference at its property has been well received. One senior hotel staff told us that most of the hotel guests were Indonesians, Malaysians and Mainland Chinese. The close proximity to Changi airport andTour begins. Rock Hotel where we happened to sit next to a group of popular Singaporean TV celebrities, we then proceeded with the tour which was led by the head of strategy of RWS and special adviser to the Chairman of Genting Singapore. The guided tour encompasses the three hotels (Hard Rock hotel, Festive hotel and Hotel Michael), Resorts World
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16-Mar-2010 10:50 |
Healthway Med
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healthway, healthy?
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nOw yOu understand that WARREN BUFFETT has the HIGHEST EQ to be so RICH. Otherwise, WARREN BUFFETT wOuld bE in the MAD HOUSE by NOW. nO PAiNS nO GAiNS mOre PAiNS mOre GAINS less PAiNS less GAiNS
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16-Mar-2010 10:47 |
Healthway Med
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healthway, healthy?
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thOse whO did nOt understand the IFC are nervOus. sOme traders are CASHING IN on their Mental Weakness; pOOr eQ Healthway Medical has roped in International Finance Corporation as a shareholder, with an agreement to place out shares for about US$10m to fund expansion in China. |
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16-Mar-2010 10:43 |
Healthway Med
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healthway, healthy?
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Just meant Top Volume Chart nOt 1st Position.
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16-Mar-2010 10:37 |
S i2i
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MediaRing
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MR is an innOvatiOn ahead Of its TiME. LiKE ALBERT Einstein, whOm nObOdy understOOd UNTiLL after he DiED. |
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16-Mar-2010 10:33 |
SaizenREIT
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SaizenReit - might be rising from tomb soon
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Did nOt knOw iT was S$0.160 yesterday | ||||
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16-Mar-2010 10:31 |
OCBC Bank
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OCBC
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nOn perfOrming lOans STiLL lUrking arOund |
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16-Mar-2010 10:30 |
Biosensors
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Is Biosensors a good buy?
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WiLL yOu STiLL lOve biOsensOr tOmOrrOW ? | ||||
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16-Mar-2010 10:26 |
Others
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Market News that affect STI
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dOw has been pOsitive ALL the WAY. WHY STI iS sUch a cOward? |
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16-Mar-2010 10:22 |
StarHub
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Starhub
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StarHub TP S$2.06? sO CFDs ? |
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16-Mar-2010 10:20 |
Ying Li Intl
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Ying Li
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Accumulate at low prices | ||||
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16-Mar-2010 10:17 |
CapitaMalls Asia
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CapMallsAsia Doji Moves Out of Down Channel
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BiG fUtUre iN CHiNA |
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