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GENTING SP shOUld be eqUIvalent tO S$4.00 [=USD3.00]

ShareWithMe ( Date: 26-Oct-2010 19:47) Posted:

Is it gonna drop lower tmrw ?

I was hoping that it drop a little so that i can buy in before it chiong beyond 2.29 to reach the next high.

epliew ( Date: 26-Oct-2010 19:39) Posted:

good news

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fOr everybOdy's

WEALTH CREATION

OPEN

FAIR

JUST

TRANSPARENT

CrownJewel ( Date: 26-Oct-2010 18:32) Posted:

Pharoah88, thank u for your frequent informative daily updates on baobei. Smiley

x 0

A good point to note is that in the NYSE or US stocks in general, the trading lot is 100 units.

While Genting Singapore is trading at 1000 unit lots. Therefore, currently LVS is trading at say USD3.00 or about SGD4.00.

Comments, suggestions, welcome!

http://denzukefinance.blogspot.com/2010/10/low-tax-for-genting-singapore-means.html

pharoah88 ( Date: 26-Oct-2010 19:10) Posted:

Monday, October 25, 2010

Low tax for Genting Singapore means best results for investors

By 2012, Morgan Stanley expects the Singapore casino market will hit 6-10 billion in revenue, basing on the time taken by Macau to hit that same target. While it is simple to equate Macau to have a backyard of a billion China tourists, the fact is irrelevant. Perhaps some China tourists prefer to go "overseas" rather than Macau. And perhaps Singapore as a stop-point and central destination, will get better spillover effects - from Australia, from Europe, from all over South East Asia, all the flight paths just intersect there conveniently. And also family - family is essential and the Universal Studios theme park at Genting Singapore will certainly shine.

So now back to insider information, as from my previous write-up of All Things Genting - here is a short word with a very powerful financial effect - tax.

Good news is the tax regime for the casinos in Singapore is about 5% to 15%. Incredibly low. Plus wages are low too. The cost of building and maintenance is much lower compared to say an Australian Casino. And even if Macau had cheap labour, the tax regime on casinos is a high of over 39%. Elsewhere in the world too, casino operations are seen as cash-cows that are rightfully taxed to the max. But in Singapore apparently they see the benefits of creating jobs and boosting tourism and hotel industry as a better measure of successfully milking the cash cow - so to speak.

The competition Las Vegas Sands has just ramped up. But how big a competition is it against each other? I doubt so. Casinos are casinos. Visitors do not visit one because it is "cheaper" or prettier. Well they may do if one casino is offering more winnings on the roulette table like 39 to 1 instead of 36 to 1! Competing against the government. 2-0 score - not only government is supportive, even the tax regime is helpful. Competing against Macau. Target market is very much different. Macau could be just for China tourists and hence very China oriented. While in Singapore, it is a multi-cultural experience. There are tons of cheap Indian food, international flavour and multi-level Chinese dialect food.

So lastly, a quick look at some charts. Here you can see how the stocks stack up in their respective market. No surprise that Genting is moving upwards. While a look at Las Vegas Sands is rather astonishing. From a high of over $100 to current levels of $30.

A good point to note is that in the NYSE or US stocks in general, the trading lot is 100 units. While Genting Singapore is trading at 1000 unit lots. Therefore, currently LVS is trading at say USD3.00 or about SGD4.00. Comments, suggestions, welcome!

CrownJewel ( Date: 26-Oct-2010 18:48) Posted:

want to share with u guys this very useful info on baobei found in cna forum.

the link is http://denzukefinance.blogspot.com/2010/10/low-tax-for-genting-singapore-means.html

x 0

Monday, October 25, 2010

Low tax for Genting Singapore means best results for investors

By 2012, Morgan Stanley expects the Singapore casino market will hit 6-10 billion in revenue, basing on the time taken by Macau to hit that same target. While it is simple to equate Macau to have a backyard of a billion China tourists, the fact is irrelevant. Perhaps some China tourists prefer to go "overseas" rather than Macau. And perhaps Singapore as a stop-point and central destination, will get better spillover effects - from Australia, from Europe, from all over South East Asia, all the flight paths just intersect there conveniently. And also family - family is essential and the Universal Studios theme park at Genting Singapore will certainly shine.

So now back to insider information, as from my previous write-up of All Things Genting - here is a short word with a very powerful financial effect - tax.

Good news is the tax regime for the casinos in Singapore is about 5% to 15%. Incredibly low. Plus wages are low too. The cost of building and maintenance is much lower compared to say an Australian Casino. And even if Macau had cheap labour, the tax regime on casinos is a high of over 39%. Elsewhere in the world too, casino operations are seen as cash-cows that are rightfully taxed to the max. But in Singapore apparently they see the benefits of creating jobs and boosting tourism and hotel industry as a better measure of successfully milking the cash cow - so to speak.

The competition Las Vegas Sands has just ramped up. But how big a competition is it against each other? I doubt so. Casinos are casinos. Visitors do not visit one because it is "cheaper" or prettier. Well they may do if one casino is offering more winnings on the roulette table like 39 to 1 instead of 36 to 1! Competing against the government. 2-0 score - not only government is supportive, even the tax regime is helpful. Competing against Macau. Target market is very much different. Macau could be just for China tourists and hence very China oriented. While in Singapore, it is a multi-cultural experience. There are tons of cheap Indian food, international flavour and multi-level Chinese dialect food.

So lastly, a quick look at some charts. Here you can see how the stocks stack up in their respective market. No surprise that Genting is moving upwards. While a look at Las Vegas Sands is rather astonishing. From a high of over $100 to current levels of $30.

A good point to note is that in the NYSE or US stocks in general, the trading lot is 100 units. While Genting Singapore is trading at 1000 unit lots. Therefore, currently LVS is trading at say USD3.00 or about SGD4.00. Comments, suggestions, welcome!

CrownJewel ( Date: 26-Oct-2010 18:48) Posted:

want to share with u guys this very useful info on baobei found in cna forum.

the link is http://denzukefinance.blogspot.com/2010/10/low-tax-for-genting-singapore-means.html

x 0

Tuesday: 26 10 2010 CLOSING

x 0

Tuesday: 26 10 2010 CLOSING

pharoah88 ( Date: 26-Oct-2010 17:59) Posted:

Tuesday: 26 10 2010 CLOSING

CoscoCorp	F83	i	--	SGD	1.860	-0.050	-2.6	17,956,000	1,162,000	1.860	1.870	360,000	1.920	1.910	1.920	1.850	C,M	--	SGX	F83	COSC.SI
e Genting HK US$	S21	i	--	USD	0.440	-0.010	-2.2	10,553,000	2,659,000	0.440	0.445	1,066,000	0.450	0.450	0.455	0.440	M	--	SGX	S21	GENH.SI
GENTING BHD	3182	i	--	MYR	10.500	+0.080	+0.8	3,219,300	10,000	10.480	10.500	147,200	10.480	10.420	10.540	10.400	--	--	KLS	3182	GENT.KL
GENTING MYS BHD	4715	i	--	MYR	3.550	+0.010	+0.3	3,957,800	32,000	3.520	3.560	242,900	3.540	3.540	3.560	3.510	--	--	KLS	4715	GENM.KL
Genting SP	G13	i	--	SGD	2.220	-0.020	-0.9	60,490,000	37,000	2.220	2.230	815,000	2.240	2.240	2.250	2.210	M	--	SGX	G13	GENS.SI
GentingSMBLeCW120402	J2UW	i	--	SGD	0.000	0.000	0.0	0	45,000	0.285	0.345	10,000	0.000	0.300	0.000	0.000	M	--	SGX	J2UW	GNML_td.SI
GentingSMBLeCW130103	L2PW	i	--	SGD	0.235	-0.005	-2.1	30,000	100,000	0.140	0.235	58,000	0.235	0.240	0.235	0.235	M	--	SGX	L2PW	GNML_tm.SI
GentingSMBLeCW130104	L7KW	i	--	SGD	0.000	0.000	0.0	0	50,000	0.185	0.205	100,000	0.000	0.195	0.000	0.000	M	--	SGX	L7KW	GNML_tr.SI
GentingSMBLeCW130603	L0QW	i	--	SGD	0.295	-0.015	-4.8	10,000	100,000	0.195	0.310	20,000	0.295	0.310	0.295	0.295	M	--	SGX	L0QW	GNML_tk.SI
Healthway	5NG	i	--	SGD	0.155	0.000	0.0	6,496,000	260,000	0.155	0.160	12,871,000	0.155	0.155	0.160	0.150	M

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26 10 2010 begin_of_the_skype_highlighting 26 10 2010 end_of_the_skype_highlighting

By Carl Loh, 25/10/2010

DigiTalk: VoIP for local smartphones

Are cheap Net mobile phone calls the way to go here?

Voice over IP (VoIP) software has long been popular because of how much money it saves. Apps like Skype allow you to make free skype-to-skype calls, and offers very low rates on international calls.

Are they easily available in Singapore? Not really.

A search for "VoIP" in the Blackberry app store doesn't give us much options here in Singapore, however.

You get the option for these products:
BlaCaDa, VoipBusterSMS Cheap, BigTinCan Connect, JahJahCalls, Vopium, Ifbyphone, IM plus Talk, Voydat.

Unfortunately, most of these aren't really viable options for Singapore, with much of the blame being rested on the limited App World for the local market. Even popular programs like iSkoot, which allows users to make calls with their Skype accounts on Blackberry, have no Singapore coverage.

W H Y ? ? ? ?

On the other side of the coin, iPhone users can easily use great programs like Skype and Facetime. While there are a lot more available, there isn't really any need for other programs.

Android's also got access to Skype, so you don't have to look far for VoiP access.

Have any tips you want to share about VoiP programs for smartphones in Singapore? How about recommendations? Feel free to share them in our comments section. Your fellow readers will be grateful!

http://technology.xin.msn.com/blog.aspx?cp-documentid=4416971

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26 10 2010

By Carl Loh, 25/10/2010

DigiTalk: VoIP for local smartphones

Are cheap Net mobile phone calls the way to go here?

Voice over IP (VoIP) software has long been popular because of how much money it saves. Apps like Skype allow you to make free skype-to-skype calls, and offers very low rates on international calls.

Are they easily available in Singapore? Not really.

A search for "VoIP" in the Blackberry app store doesn't give us much options here in Singapore, however.

You get the option for these products:
BlaCaDa, VoipBusterSMS Cheap, BigTinCan Connect, JahJahCalls, Vopium, Ifbyphone, IM plus Talk, Voydat.

Unfortunately, most of these aren't really viable options for Singapore, with much of the blame being rested on the limited App World for the local market. Even popular programs like iSkoot, which allows users to make calls with their Skype accounts on Blackberry, have no Singapore coverage.

On the other side of the coin, iPhone users can easily use great programs like Skype and Facetime. While there are a lot more available, there isn't really any need for other programs.

Android's also got access to Skype, so you don't have to look far for VoiP access.

Have any tips you want to share about VoiP programs for smartphones in Singapore? How about recommendations? Feel free to share them in our comments section. Your fellow readers will be grateful!

http://technology.xin.msn.com/blog.aspx?cp-documentid=4416971