ShareJunction - Member Posts

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Do anybody has the market depth on BB's return?

Thanks for the tip.

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Is S$3.76 is Best Price to BUY?

Is it close to NAV?

I am waiting to buy too.

ROI25per ( Date: 22-Feb-2010 09:01) Posted:

my 376 getting closer..

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The Main Difference:

Doctors serve Patients who are EMotional.

Engineers serve engines which have no emotion.

newbiestock ( Date: 21-Feb-2010 19:53) Posted:

Doctors are highly paid... With over 10K / mth, working more than 10 yrs already become a millionaire liao lor, even without any investment.

I regretted why I didn't go study medicine... sigh.

Why slog yr way as an engineer?

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HOW i WISH your iNSiDER info was posted when the Price was at S$0.140 at SELLER QUEUE?

UNfortunately, now the SELLER QUQUE is S$0.160.

It would be VERY NICE to LOAD UP at S$0.140.

newbiestock ( Date: 20-Feb-2010 20:04) Posted:

hmm... maybe other stocks will go down when STI lau sai.

But for Healthway, my guess is that it will probably maintain at 15/15.5 cents or even gg up. If u can get at 14.5 cents, then count yrself very lucky.

My insider info from a reliable friend who works in HW told me that there may be large players coming in..

Those bbs who off-loaded after ex-rights are coming back to load in the next few weeks...

Better load before those bbs come again to push the prices up...

Full year result is out on 23 feb and there will certainly be new announcements being released after that...

25-30 cents are still quite cheap for any company who wishes to take over Healthway completely, according to this friend of mine.

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* 3 DECADES of DUE DILIGENCE since 1970s*

I can still recall when I heard the rumours about a Resort to be built in Marine Parade East Cost Park during the 1970s.

We were all anticipating its arrival but it later turned OUT DISappointingly to be NOT feasible.

The World Resorts Sentosa is NOT an Overnight decision by a handful of "Grossly OverHigh" persons whose HEADS are in the CLOUDS.

It is an Xtremely LONG PROCESS of 3 DECADES of DUE DILIGENCE carried out by all the TOP DECISION MAKERS from all relevant disciplines in SINGAPROE.

Would they be WRONG ?

Do we TRUST them and their Capability in Capacity?

Finally, in 2010, the IR Resorts are here.

They are FEASIBLE in 2010 but NOT in 1970s.

LowPenny

Joined: 28 Jan 2010
Posts: 39

Posted: Mon Feb 22, 2010 9:49 am Post subject: Re: genting

greatguns wrote:

...Don't know whether you are aware but gambling biz in the west is never the same as that in the east. Asians are known to be big gamblers as opposed to the West. Many high rollers in the West have their origins from the east.

e.g., if they have 8000 staff for RWS and if the revenue is not big enough, the cost of operation will "eat" into the profit. Fixed depreciation and running cost will always be there and this "fixed" cost can easily scale to cater for the maximum that the business is planned for, without incurring the same increased proportionate amount of cost to run it - increased cost is not linear with increased revenue but rather takes a low gradient plateau as revenue increases.

I don't think you got my point on UK operations. It is the wrong place to compare. 43 casinos does not mean it is a much bigger casino business than what RWS has. Sometimes more casinos can lead to losing money vs just 1 or 2 casinos. Besides, as I said, it is making some money in UK. It is the costs of setting up RWS that weighed down the profitability of this company in the last 3 years.

Finally, I don't think I am over-exaggerating. In just two days, the revenue is 40M. It is a published fact and that is more than 8% of the entire year's revenue of 2009. What with 363 days more of revenue to come. Already 128K visited the casino in the 5 days following their debut. As I kept re-iterating, it could well be about 25% of the revenue for the entire year of 2009 in the last 6 days...

Very well said! Looks like you have some accounting background to look into the true status of the company. I love the point you raised about "fixed" cost. Very Happy

I would like to add the Resort World has brought in much life to sentosa, improving business for the island altogether. As shown in today's CNA article.

Those whos say that Genting is not viable in the long run are just trying to create panic in the market. As I reiterate, govt, with its band of analysts and economists, have already deemed that 2 casinos are viable in singapore. So have the big banks such as DBS, OCBC, Maybank, with its pool of analysts, share the same opinion. Thus becoming underwriters. Unless you are trying to say that you are smarter than all these people, you would have to agree that Genting is more than financially sound. Which biz does not go in the red? More importantly, its the potential. If you are just going to panic everytime you see losses on the reports without understanding the true nature of the biz, I am doubtful of how you assess a company's true potential.

http://www.channelnewsasia.com/stories/singaporelocalnews/view/1038844/1/.html

Business is booming for restaurants, attractions at Sentosa
Posted: 21 February 2010 1932 hrs

SINGAPORE : Restaurants and tourist attractions at Sentosa have enjoyed a 20 per cent increase in their business since Resorts World Sentosa opened a week ago.

Sentosa Leisure Group said it is seeing an average of 30,000 visitors each day during this Lunar New Year.

That is twice more than the daily average.

Sentosa Leisure Group added that the Merlion is its top attraction during the Lunar New Year.

It has seen a 30 per cent increase in visitors, compared to the same period last year.

And visitors to the island are also staying an average of one day as compared to half a day before.

Hotels like Rasa Sentosa Resort are also welcoming more visitors.

Rasa Sentosa is fully booked during this Lunar New Year period.

Anticipating more visitors to the island, it has decided to close for renovations for 10 months to add new rooms and facilities.

Ben Bousnina, general manager, Rasa Sentosa Resort, said: "(Now that) Resorts World has arrived...I do not think we will have enough rooms on the island, because the whole world would like to come to Sentosa Island which has become a world's destination." - CNA/ms

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Last evening USD was weakening.

Then, with the announcement of US GOLD SALES, Gold Price dropped and the USD strengthen.

Will USD weaken tonight?

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This is the CHANGE at Tiger Air.

The Resorts World Sentosa Alliance is a TRANSFORMATION for Tiger Air.

SO, it is HOW SIA is associated with GENTING SINGAPORE.

Beating Round the BUSHES and then MATCH.

*Extremely Interesting INNOVATION INDEED*

* * * * * * * * Q U O T E

investment ( Date: 19-Feb-2010 18:02) Posted:

Singapore, 19 February 2010.
Singapore today announced plans for a chartered aircraft dedicated to flying
overseas guests to Resorts World Sentosa, Singapore’s first integrated resort.
Yet to be named, the private flight service, operated by Tiger Airways, will
have an aircraft operating as a dedicated charter service for Resorts World
Sentosa, transporting guests between Singapore and other cities around the
region.
Under the Memorandum of Understanding signed on 5
Resorts World Sentosa will take over the lease of the aircraft, while pilots and
cabin crew of Tiger Airways operate the dedicated plane, which will ply Tiger
Airways’ existing region-wide network, as well as short haul routes within Asia
and Australasia.
Scheduled to commence operations in late 2010, the airline is poised to be
yet another mode of transportation for overseas guests from the region
travelling to and from Resorts World Sentosa. Details and flight schedules are
still be finalized, but guests can expect a seamless journey that would span
affordable air-travel followed by land transfers to Singapore’s first integrated
resort on Sentosa island.
Ms Rosalynn Tay, Managing Director of Tiger Airways Singapore, said: "We
are proud to partner Resorts World Sentosa in bringing more visitors to
Singapore. This is a real alliance with real benefits to both partners. While
Tiger Airways gets a new revenue stream and reduced costs, Resorts World
Sentosa gets a cost-effective solution to bringing more customers to
Singapore’s most exciting new destination.”
“Having grown from a young cub to a big strong cat, it is time Tiger Airways
Singapore has its own cub to add strength and joy to the Tiger family. Asia

has many other untapped opportunities and we look forward to creating more

innovative ways to grow our paw prints in the Year of the Tiger,” Ms Tay
added.
Ms Liang Wern Ling, Director of Destination Sales, Resorts World Sentosa,
said: "We promised Singapore that Resorts World Sentosa will bring tourism
to the country and reinvent its tourism landscape. We are creating our own

airline with this first aircraft, which shows our commitment to bringing the

economic benefits to Singapore.’’Resorts World Sentosa and Tiger Airwaysth February 2010,

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You need NOT regret.

Because DRsubaru SERIOUSLY loaded at S$0.150 and you can STILL do the SAME.

* * * * * * * * Q U O T E from DRsubaru

Hi all

I was the bugger who loaded 5,906,000 at 15 cents yesterday

Who wants proof??!!! I will PM u in private!

Not sure if the forum allows me to post a link to other webby or not

This bugger is set to move in the next few weeks

1. The results of the RIGHTS will be out on 23rd Feb 2010

2. End Feb 2010 we will have the full year 2009 results which will be the best ever since HW IPO

3. I have mentioned in another forum why I am cautiously optimistic

a. So many medical groups want to access the china market and have failed..... RMG has been in HK for so many years, why are they not in China....Parkway is in China only because they ridiculously overpaid for World Link as their entry vehicle. Typical medical establishment is sold for at most 7-10x PE......Parkway overpaid by more than 50X PE for World Link.....!!!!! Now Healthway not only has the blessings and lobangs from World Bank, but the latest director is medical doctor from china and I heard extremely well connected....at the end of the day China is all about Guangxi.....and Healthway has it all

b. So many non medical and medical groups want to have a slice of this bugger....names which I cannot mention...

But I will give you a hint.....the marriage of the century might just be round the corner......RMG, TMC, HMI, Pacific Healthcare all please step and aside and give a resounding applause to .....

What HW does not have they have.....what the other party does not have HW has....HW is after all the biggest GP player in Singapore.... they have the largest private Paeds chain, the largest Private Ortho....

yummygd ( Date: 19-Feb-2010 17:07) Posted:

haiiz i only bought 5 lot at 0.125 sigh and she only buy 10 lot....that time no one even think about HW yet and nowi regret i never buy more...cause just learning so thought buy small small also good....regret.

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This is the CHANGE at Tiger Air.

The Resorts World Sentosa Alliance is a TRANSFORMATION for Tiger Air.

SO, it is HOW SIA is associated with GENTING SINGAPORE.

Beating Round the BUSHES and then MATCH.

*Extremely Interesting INNOVATION INDEED*

investment ( Date: 19-Feb-2010 18:02) Posted:

Singapore, 19 February 2010.
Singapore today announced plans for a chartered aircraft dedicated to flying
overseas guests to Resorts World Sentosa, Singapore’s first integrated resort.
Yet to be named, the private flight service, operated by Tiger Airways, will
have an aircraft operating as a dedicated charter service for Resorts World
Sentosa, transporting guests between Singapore and other cities around the
region.
Under the Memorandum of Understanding signed on 5
Resorts World Sentosa will take over the lease of the aircraft, while pilots and
cabin crew of Tiger Airways operate the dedicated plane, which will ply Tiger
Airways’ existing region-wide network, as well as short haul routes within Asia
and Australasia.
Scheduled to commence operations in late 2010, the airline is poised to be
yet another mode of transportation for overseas guests from the region
travelling to and from Resorts World Sentosa. Details and flight schedules are
still be finalized, but guests can expect a seamless journey that would span
affordable air-travel followed by land transfers to Singapore’s first integrated
resort on Sentosa island.
Ms Rosalynn Tay, Managing Director of Tiger Airways Singapore, said: "We
are proud to partner Resorts World Sentosa in bringing more visitors to
Singapore. This is a real alliance with real benefits to both partners. While
Tiger Airways gets a new revenue stream and reduced costs, Resorts World
Sentosa gets a cost-effective solution to bringing more customers to
Singapore’s most exciting new destination.”
“Having grown from a young cub to a big strong cat, it is time Tiger Airways
Singapore has its own cub to add strength and joy to the Tiger family. Asia

has many other untapped opportunities and we look forward to creating more

innovative ways to grow our paw prints in the Year of the Tiger,” Ms Tay
added.
Ms Liang Wern Ling, Director of Destination Sales, Resorts World Sentosa,
said: "We promised Singapore that Resorts World Sentosa will bring tourism
to the country and reinvent its tourism landscape. We are creating our own

airline with this first aircraft, which shows our commitment to bringing the

economic benefits to Singapore.’’Resorts World Sentosa and Tiger Airwaysth February 2010,

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CitiGroup must be NUT.

It canNOT even run its own banks properly and LOST its HOUSE.

Now, it is trying to TEACH a CASINO SAGE, Genting Bhd, "HOW to run a CASINO?"

Just a few Genting Diamond and Gold Card members can more than cover the amount of (34,000 x USD100) per day.

Even the ordinary Indonesian in the news also brought S$1000 to bet.

May be the analyst did not get his or her pay and was too HUNGRY to do a decent analysis.

Didn't MM say that one day's profit's was already more than S$3Million????

When CitiGroup is in such a DIRE STATE, it should be DISqualified from all analysis.

WHEN it can't analyse and conduct its own business properly????

# # # #

For Immediate Release
Citigroup Inc. (NYSE: C)
January 19, 2010
CITIGROUP REPORTS 2009 FULL YEAR MANAGED REVENUES1 OF $91.1 BILLION AND
EXPENSES OF $47.8 BILLION
FULL YEAR 2009 NET LOSS OF $1.6 BILLION
FOURTH QUARTER NET LOSS OF $7.6 BILLION ($0.33 PER SHARE); $1.4 BILLION ($0.06 PER
SHARE) EXCLUDING THE IMPACT OF TARP REPAYMENT AND EXIT OF LOSSSHARING
AGREEMENT
NET CREDIT LOSSES LOWER FOR SECOND CONSECUTIVE QUARTER
TIER 1 CAPITAL RATIO OF 11.7% AND TIER 1 COMMON RATIO2 OF 9.6%
TIER 1 COMMON OF $104.6 BILLION AND ALLOWANCE FOR LOAN LOSSES OF $36.0 BILLION
CITICORP 2009 NET INCOME OF $14.7 BILLION, UP FROM $6.1 BILLION IN 2008
CITI HOLDINGS ASSETS DOWN $168 BILLION OR 23% IN 2009, AND $351 BILLION FROM
PEAK LEVELS
New York – Citigroup today reported a full year 2009 net loss of $1.6 billion, or $0.80 per share. Managed
revenues were $91.1 billion for the year. The fourth quarter 2009 net loss was $7.6 billion, or $0.33 per share.
Excluding the $6.2 billion after-tax loss associated with TARP repayment and exiting the loss-sharing agreement,
the fourth quarter net loss was $1.4 billion or $0.06 per share.
The provision for loan losses3 in the fourth quarter was $8.2 billion, down 36% from the prior year and 10% from the
prior quarter.
“We have made enormous progress in 2009,” said Vikram Pandit, Chief Executive Officer of Citigroup. “It was our
responsibility to get our own house in order. We greatly improved Citi’s capital strength, reduced the size and
scope of the company, and refocused our business strategy to take advantage of our unmatched global network.
We created Citi Holdings to rationalize non-strategic businesses, totally overhauled risk management, cut costs by
over $13 billion annually, reduced headcount by 100,000, and reduced assets by $500 billion from peak levels.
And to take advantage of all these changes, we assembled a talented new management team focused on the new
Citicorp franchise to move us forward.
“We also completed the repayment of $20 billion invested in the company by the U.S. government through the
Troubled Asset Relief Program (TARP) and exited the loss-sharing agreement with the government,” said Mr. Pandit.

vostro69 ( Date: 19-Feb-2010 17:08) Posted:

Genting Singapore falls a fourth day amid concern over visitors

Genting Singapore Plc, owner of Singapore’s first casino, fell for a fourth day amid concern the venture may draw fewer visitors than forecast, reported Bloomberg.

The stock lost 1.1% to 94 cents, down 11% since Resorts World at Sentosa, a gambling and entertainment facility, opened on Feb 14. Genting has slumped 28% this year, the worst performance on the Straits Times Index, which has retreated 5.6%.

Genting ended 2009 at a record-high of $1.30 as investors anticipated a boost in revenue from starting up the island-state’s first so-called integrated resort. The $6.6 billion venture had 60,000 patrons in the first three days, Robin Goh, a Resorts World spokesman, said in an e-mailed statement today.

“Expectations are in our view unrealistically bullish for a virgin casino market,” said Dominic Noel-Johnson, a Hong Kong-based analyst at Citigroup Inc. “While a few days don’t constitute a trend, initial visitors to the Singapore casino are significantly below our estimates.”

The facility needs 34,000 visitors each spending at least US$100 ($141) a day to meet Noel-Johnson’s “below consensus estimates,” he said. Citigroup rates Genting Singapore “sell.”

Analysts at BNP Paribas and CLSA Asia Pacific Markets said they will keep their “buy” ratings on Genting Singapore stock because the outlook will change as the company completes remaining phases of the venture on the island linked to Singapore by bridge.

The casino has had a “good start” gauging from the US$28.5 million ($40.28 million) gaming revenue that Asian Gaming Intelligence estimates Resorts World garnered in the first 36 hours of operations, Aaron Fischer, an analyst at CLSA Asia Pacific in Hong Kong, said in an e-mailed note. “Overall, it’s been strong, but we do not have enough data to determine the long-term success or failure of the casino.”

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Due to the Millions of UNemployed university graduates in China, Over-Priced education market collapsed in China.

Parents are UNwilling to pay high prices for education and ended up having Debts Plus UNemployed graduate children.

Nowadays, a DEGREE expires in 3 YEARS.

When an university graduate is UNemployed for 3 years, s/he needs a NEW DEGREE.

Education must RE-invent its business model in terms of its Costs versus Benefits for its prospective students.

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Ho Bee & Yanlord canNOT go wrong.

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Will USD cheong against SGD to 1.55? 1.65? 1.75? 1.85?

BUT analysts say SGD is Solid & Strong like ROCK????

SO FUNNY, Singapore has no OIL or GOLD or Grains like Australia????

handon ( Date: 18-Feb-2010 23:12) Posted:

last tips..... USD gng CHEONG BIG TIME....

interests rate hike can smell liao.... hehe.... Smiley

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TV News reported that clinic businesses went up by 15% just over the CNY holidays.

It is a custom for the working population to fall sick during and after public holidays.

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I was also anticipating the Management's announcement on Main Board UPGRADE.

No reason not to do so UNless management has specific timing in terms of dates and hours.

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Genting SP also down 1 cent.

It was an illusion of "Is there?" and "Is NOT there?" and Back to "Is there?".

This type of magic shows is very good for SGX and GST and brokers.

yummygd ( Date: 19-Feb-2010 17:19) Posted:

thanks dude. thats good news indeed. think the bears decided to play with genting instead....after bleeding right now hitting my left haha. oh well.. at least my baby Ying Li is not bleeding that much today.thank god for small mercy.

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What Happened to CitiGroup's past Grand Glory????

Banks are supposed to be Xtremely Profitable because they Create Money for Loans with Pen & Paper.

lOOks like there are NOT ENOUGH business in US TODAY for CitiGroup to make a PROFIT!!!!

Then WHY are the Foreign Funds going back to US????

WHY US government is selling GOLD????

WHAT is brewing in the US????

Alligator ( Date: 19-Feb-2010 17:03) Posted:

citi ha? read this from their website

For Immediate Release
Citigroup Inc. (NYSE: C)
January 19, 2010
CITIGROUP REPORTS 2009 FULL YEAR MANAGED REVENUES1 OF $91.1 BILLION AND
EXPENSES OF $47.8 BILLION
FULL YEAR 2009 NET LOSS OF $1.6 BILLION
FOURTH QUARTER NET LOSS OF $7.6 BILLION ($0.33 PER SHARE); $1.4 BILLION ($0.06 PER
SHARE) EXCLUDING THE IMPACT OF TARP REPAYMENT AND EXIT OF LOSSSHARING
AGREEMENT
NET CREDIT LOSSES LOWER FOR SECOND CONSECUTIVE QUARTER
TIER 1 CAPITAL RATIO OF 11.7% AND TIER 1 COMMON RATIO2 OF 9.6%
TIER 1 COMMON OF $104.6 BILLION AND ALLOWANCE FOR LOAN LOSSES OF $36.0 BILLION
CITICORP 2009 NET INCOME OF $14.7 BILLION, UP FROM $6.1 BILLION IN 2008
CITI HOLDINGS ASSETS DOWN $168 BILLION OR 23% IN 2009, AND $351 BILLION FROM
PEAK LEVELS
New York – Citigroup today reported a full year 2009 net loss of $1.6 billion, or $0.80 per share. Managed
revenues were $91.1 billion for the year. The fourth quarter 2009 net loss was $7.6 billion, or $0.33 per share.
Excluding the $6.2 billion after-tax loss associated with TARP repayment and exiting the loss-sharing agreement,
the fourth quarter net loss was $1.4 billion or $0.06 per share.
The provision for loan losses3 in the fourth quarter was $8.2 billion, down 36% from the prior year and 10% from the
prior quarter.
“We have made enormous progress in 2009,” said Vikram Pandit, Chief Executive Officer of Citigroup. “It was our
responsibility to get our own house in order. We greatly improved Citi’s capital strength, reduced the size and
scope of the company, and refocused our business strategy to take advantage of our unmatched global network.
We created Citi Holdings to rationalize non-strategic businesses, totally overhauled risk management, cut costs by
over $13 billion annually, reduced headcount by 100,000, and reduced assets by $500 billion from peak levels.
And to take advantage of all these changes, we assembled a talented new management team focused on the new
Citicorp franchise to move us forward.
“We also completed the repayment of $20 billion invested in the company by the U.S. government through the
Troubled Asset Relief Program (TARP) and exited the loss-sharing agreement with the government,” said Mr.
Pandit. “As we enter 2010, we are strongly capitalized, significantly more efficient, and are executing on a clear

pharoah88 ( Date: 19-Feb-2010 16:58) Posted:

What is a GOOD Price to buy CitiGroup?

When is a GOOD Time to buy CitiGroup?

Is CitiGroup in Profit now?

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What is a GOOD Price to buy CitiGroup?

When is a GOOD Time to buy CitiGroup?

Is CitiGroup in Profit now?

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GOOD iDEA

Short on STRENGTH

LONG on weakness

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LUCKY YOU.

With this type of connection, you will NET NETT a S$MILLION very SOON.