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Latest Posts By pharoah88 - Supreme      About pharoah88
First   < Newer   8101-8120 of 13894   Older>   Last  

23-Aug-2010 19:32 User Research/Opinions   /   MAY BANK initiates GROWTH ERA tOday       Go to Message
x 0
x 0

Monday: 23 AUGUST 2010  CLOSING

15,083,700

RM8.140  +RM0,010

Day Hi  RM8.400

Day Lo RM8.140

SUPPORT  DEPTH

RM8.15      524.5K  B f S

RM8.16      614.5K  B f S

RM8.24      510.4K  B f S 

RM8.25   1,084.7K  B f S

RM8.30      505.4K  B f S

RM8.32   1,132.3K  B f S

TOTAL   6,440,200  B f S



pharoah88      ( Date: 23-Aug-2010 18:47) Posted:

Malayan Banking Bhd (1155)
KLSE
Comprehensive Quote:
08/23/10 04:44 AM EDT
Last
8.14
Change
0.01
% Change
0.12%
Volume
15,083,700
Open
8.32
High
8.40
Low
8.13
Prior Day's
Volume
2,818,600
52-Week High
8.40
(08/23/2010)
52-Week Low
6.31
(08/26/2009)
Prior Day's Close
8.13
Good Post  Bad Post 
23-Aug-2010 19:08 User Research/Opinions   /   MAY BANK initiates GROWTH ERA tOday       Go to Message
x 0
x 0
Good Post  Bad Post 
23-Aug-2010 19:04 User Research/Opinions   /   MAY BANK initiates GROWTH ERA tOday       Go to Message
x 0
x 0
Good Post  Bad Post 
23-Aug-2010 19:00 User Research/Opinions   /   MAY BANK initiates GROWTH ERA tOday       Go to Message
x 0
x 0
CIMB Group Holdings Bhd (1023)
KLSE
Comprehensive Quote:
08/23/10 04:50 AM EDT
Last
7.92
Change
0.22
% Change
2.86%
Volume
11,799,500
Open
7.74
High
8.00
Low
7.74
Prior Day's
Volume
5,572,400
52-Week High
8.00
(08/23/2010)
52-Week Low
4.97
(08/28/2009)
Prior Day's Close
7.70
Good Post  Bad Post 
23-Aug-2010 18:54 User Research/Opinions   /   MAY BANK initiates GROWTH ERA tOday       Go to Message
x 0
x 0
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23-Aug-2010 18:51 User Research/Opinions   /   MAY BANK initiates GROWTH ERA tOday       Go to Message
x 0
x 0
Good Post  Bad Post 
23-Aug-2010 18:47 User Research/Opinions   /   MAY BANK initiates GROWTH ERA tOday       Go to Message
x 0
x 0
Malayan Banking Bhd (1155)
KLSE
Comprehensive Quote:
08/23/10 04:44 AM EDT
Last
8.14
Change
0.01
% Change
0.12%
Volume
15,083,700
Open
8.32
High
8.40
Low
8.13
Prior Day's
Volume
2,818,600
52-Week High
8.40
(08/23/2010)
52-Week Low
6.31
(08/26/2009)
Prior Day's Close
8.13
Good Post  Bad Post 
23-Aug-2010 18:46 User Research/Opinions   /   MAY BANK initiates GROWTH ERA tOday       Go to Message
x 0
x 0
Malayan Banking Bhd (1155)
KLSE
Comprehensive Quote:
08/23/10 04:44 AM EDT
Last
8.14
Change
0.01
% Change
0.12%
Volume
15,083,700
High
8.4
Open
8.32
0
Low
8.13
Prior Day's
Volume
2,818,600
52-Week High
8.40
(08/23/2010)
52-Week Low
6.31
(08/26/2009)
Prior Day's Close
8.13
Good Post  Bad Post 
23-Aug-2010 18:26 Genting Sing   /   GenSp starts to move up again       Go to Message
x 0
x 0 		kIss  GENTiNG  SP

DIY lip care: Recipes for homemade lip gloss & tint 
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23-Aug-2010 18:22 Genting HK USD   /   Genting HK US$       Go to Message
x 0
x 0 		kIss  GENTiNG  HK

DIY lip care: Recipes for homemade lip gloss & tint 

pharoah88      ( Date: 04-Aug-2010 08:34) Posted:

Genting HK: a gem that's undervalued
Business Times
But there is one gaming company which has been somewhat overlooked: Genting Hong Kong (Genting HK). Formerly known as Star Cruises, Genting HK is now a ...


pharoah88      ( Date: 05-Aug-2010 08:39) Posted:







Published August 4, 2010

Genting HK: a gem that's undervalued

By VEN SREENIVASAN


THE biggest game in town - and the region - in recent months has been the gaming sector. The successful openings of the Singapore integrated resorts (IRs) and the continuing buoyancy of the Macau gaming scene seem to have captured the market's imagination.


Marina Bay Sands (MBS) recently reported an impressive US$94.5 million in adjusted Ebitda (earnings before interest, tax, depreciation and amortisation) during its first 65 days of operations. Meanwhile, Goldman Sachs last week noted that Genting Singapore's Resorts World Sentosa (RWS) is proving to be a strong competitor, retaining 60 per cent of the market share post-Sands opening, and chalking up quarterly gaming revenue of some US$3 billion. Further north, the Macau casinos have powered past the most optimistic expectations, posting revenue growth in excess of 60 per cent this year.

Little wonder that gaming stocks have been soaring despite the market volatility. Genting Singapore is already up 50 per cent in less than two months, while the Macau gaming counters have gained some 50-80 per cent since February.

And valuations reflect the bullishness. The Macau casinos are trading at core 2010 price-earnings multiples of over 24 times and a price-book value of over four times, while Genting Singapore is currently trading at some 28 times FY2010 earnings and 3.5 times its book value.

But there is one gaming company which has been somewhat overlooked: Genting Hong Kong (Genting HK). Formerly known as Star Cruises, Genting HK is now a three-pronged gaming entity comprising Star Cruises in Asia, Norwegian Cruise Line (NCL) in the US, and Resorts World Manila (RWM) in the Philippines.

At its closing of 26 US cents yesterday, the stock of Genting HK is trading at a significant discount to those of its peers and just close to its own net book value. It recently started stirring after a UOB-Kay Hian report two weeks ago, which said the company was on the verge of a take-off.

Indeed, Star Cruises started operating the Hong Kong-Taipei route in May 2009 and is seeing a sharp earnings recovery, thanks to savvy restructuring and an occupancy of 90 per cent. The fleet, valued at almost US$5 billion, gets two-thirds of its gaming revenue from the non-Singapore cruise business and its operating profit is expected to reach US$50 million this year.

Meanwhile, 50 per cent-owned NCL is back in the black, thanks to aggressive cost management and a strong wave of bookings. UOB-Kay Hian noted that its yields are now comparable to the world's largest cruise companies. The latest vessel - the US$1.3 billion Norwegian Epic, which was launched in July - is expected to contribute to earnings this year, with a six-year payback.

But the jewel in Genting HK's crown has to be its 50 per cent-owned Resorts World Manila (RWM). Built at a cost of US$400 million - less than a tenth of what it cost to build each of the two IRs here - this is a pure casino play. The property, which is three times the size of its Sentosa sister, has been raking in the big bucks, thanks to its ability to leverage on the Genting group's network of high rollers and significantly lower gaming taxes (at 25 per cent).

With a current daily gross win at its casino of US$1 million a day, Genting HK is expected by analysts to see a payback period of under five years - a truly remarkable return on investment. With its 30,000 square metres shopping mall due to open later this year, RWM is also seen by industry observers as being able to contribute almost US$40 million to Genting HK's bottom line this year, and some US$70 million net profit in 2011. This is even before it builds its planned mega casino-cum-theme park on its 37 hectare site. If it delivers on its potential, RWM could become the most profitable casino operator in the Asia Pacific in short order.

There is speculation that Malaysian gaming tycoon Lim Kok Tay, who controls 72 per cent of Genting Hong Kong, could - at some point - decide that Genting HK's three profitable and independent businesses (Star Cruises, NCL and RWM) should be demerged and listed separately.

Such a move would significantly boost shareholders' value.

Goldman Sachs recently upgraded the Genting group as an undervalued proxy to global gaming on the back of its much stronger franchise following the successful launch of RWS, which it estimates will earn S$855 million in 2011.

Genting HK, whose RWM has a domestic market base of 100 million people (versus 29 million for Genting Malaysia and five million for Genting Singapore), should in time replicate RWS's potential and further add to the group's value proposition.

Based on the numbers, Genting HK appears to be an under-recognised and undervalued gem that investors should take note of - especially those who have missed the boat on Genting Singapore.

from biztimes
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23-Aug-2010 18:18 Genting HK USD   /   Genting HK US$       Go to Message
x 0
x 0

TOTAL  SUPPORT  DEPTH

556  76,695K  [57,328K  BfS]



pharoah88      ( Date: 23-Aug-2010 18:16) Posted:



Monday: 23 AUGUST 2010    CLOSING

76,695,000   TOP VOLUME No. 2

USD0.315  +USD0.025

Day  Hi   USD0.315

Day  Lo  USD0.285


SUPPORT  DEPTH 

USD0.285     7       112K

USD0.290  111  10,181K  [  4,301K  BfS]

USD0.295  140  19,697K  [11,510K  BfS]

USD0.300    25  12,700K  [12,480K  BfS]

USD0.305    96  14,792K  [11,447K  BfS]

USD0.310  123  13,719K  [12,096K  BfS]

USD0.315    54   5,494K   [5,494K  BfS]
Good Post  Bad Post 
23-Aug-2010 18:16 Genting HK USD   /   Genting HK US$       Go to Message
x 0
x 0

Monday: 23 AUGUST 2010    CLOSING

76,695,000   TOP VOLUME No. 2

USD0.315  +USD0.025

Day  Hi   USD0.315

Day  Lo  USD0.285


SUPPORT  DEPTH 

USD0.285     7       112K

USD0.290  111  10,181K  [  4,301K  BfS]

USD0.295  140  19,697K  [11,510K  BfS]

USD0.300    25  12,700K  [12,480K  BfS]

USD0.305    96  14,792K  [11,447K  BfS]

USD0.310  123  13,719K  [12,096K  BfS]

USD0.315    54   5,494K   [5,494K  BfS]
Good Post  Bad Post 
23-Aug-2010 18:05 Genting HK USD   /   Genting HK US$       Go to Message
x 0
x 0

USD0.310

hIstOrIcal  resIstance

nOt  target



alanliew68      ( Date: 23-Aug-2010 17:22) Posted:

should sell at 0.315, since it reach the target selling price of 0.31 before 3 Sep?
Good Post  Bad Post 
23-Aug-2010 18:01 Mermaid Maritime   /   Mermaid       Go to Message
x 0
x 0

sOme hOw

sOme tIme

sOme where

sOme One

kIckED  mermaId's  ASS ?
Good Post  Bad Post 
23-Aug-2010 17:56 Oceanus   /   OCEANUS is 'a potential takeover target'?       Go to Message
x 0
x 0

Monday: 23rd AUGUST 2010 

Monday:  23 AUGUST 2010  CLOSING

TOP  VOLUME  No. 5

43,716,000

S$0.360  +S$0.015

Day Hi  S$0.365

Day Lo  S$0.345 

 

prIce actIOn

16:52:39  S$0.360   1,000,000   B f S

16:46:51  S$0.360   1,422,000   B f S

16:44:07  S$0.365   1,000,000   B f S

16:39:21  S$0.360   5,624,000   B f S

14:19:27  S$0.355   2,541,000   B f S

11:12:08  S$0.350   2,312,000   B f S

S$0.360   12,445,000   BOUGHT  frOm  SELLER
Good Post  Bad Post 
23-Aug-2010 17:45 Oceanus   /   OCEANUS is 'a potential takeover target'?       Go to Message
x 0
x 0 		Sunday: 22nd AUGUST 2010  MIDNIGHT

MONEY  MIND

DR CEO  had overcome  ALL negativities  fOr  OCEANUS.

OCEANUS  had  initiated  STRATEGY  fOr  recOvery  and  grOwth

CHECK  iT  Out  ? ? ? ? 
Good Post  Bad Post 
23-Aug-2010 17:43 Oceanus   /   OCEANUS is 'a potential takeover target'?       Go to Message
x 0
x 0


Former SPD welfare worker fined $10,000 on corruption charges





S$0.480

Did Mel Gibson cause this?

Good Post  Bad Post 
23-Aug-2010 17:37 Genting Sing   /   GenSp starts to move up again       Go to Message
x 0
x 0


Former SPD welfare worker fined $10,000 on corruption charges


S$1.880

Did Mel Gibson cause this?

Good Post  Bad Post 
23-Aug-2010 17:34 Genting Sing   /   GenSp starts to move up again       Go to Message
x 0
x 0

Monday: 23 AUGUST 2010  CLOSING

118,285,000   TOP VOLUME  No. 1

S$1.590  +S$0.090

Day Hi   S$1.590

Day Lo   S$1.490

prIce  actIOn

16:12:27  S$1.550  8,000,000  BOUGHT frOm SELLER
Good Post  Bad Post 
23-Aug-2010 17:26 Genting Sing   /   GenSp starts to move up again       Go to Message
x 0
x 0

INVEST  FAIR  2010  Marina Bay Sands

21 ~ 22 AUGUST 2010

ANALYSTS'  CALL

LONG
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First   < Newer   8101-8120 of 13894   Older>   Last  



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