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Genting Sing
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Gen Int
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AK_Francis
Supreme |
07-Apr-2009 00:33
Yells: "Happy go lucky, cheers." |
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LVS had bandon Macau prt n focuses on IR, but partial prt were delayed, owing to short of cash. GenInt, FY08 revenue fell 14% due to d lower biz vol, particular in UK n lower interest income. Co reduced losses by 67% attr to a lower impairment loss on goodwill. D recent recruitment needs extra cash to train d new staff, in local n O/S. Not easy to refinance fr d 3 local banks. Where to get cash????? Right on top, could be only one Issue. Above no calling, for sharing only. |
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freeme
Elite |
06-Apr-2009 22:31
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MGM and LVS both also doing casino business n their stock is flying.. maybe this will follow suit... | ||||
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teeth53
Supreme |
06-Apr-2009 21:32
Yells: "don't learn through life, learn to grow with life " |
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About profit taking time....sell into strength and buy into weakness | ||||
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Eddyson
Senior |
06-Apr-2009 20:10
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Back to rights issue's price at 60 cts, Casino opening 1st Q next yr & anytime will announce issue of licence.looks like Hello kitty trend coming.Kia Soo- queue so early.
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Naproxen
Veteran |
06-Apr-2009 13:45
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What happened to this counter? Its up up and aways since last week... | ||||
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iPunter
Supreme |
21-Feb-2009 09:58
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The probable trend of this counter's pattern is rather clear... 
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yipyip
Master |
20-Feb 14:10
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Downgrade to SELL. Even with RWS' soft launch in early 2010, we believe that any meaningful contribution will probably come towards the later part of 2010. Although the share price has been pretty resilient at around S$0.425, we think that the market may have run ahead of itself, given the still muted outlook for its casino operations. With our fair value still at S$0.33, which translates to a possible 22.4% downside risk from here, we downgrade our rating from Hold to SELL. OCBC 20Feb09 |
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yipyip
Master |
19-Feb-2010 08:31
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FINANCIAL STATEMENTS FOR YEAR ENDED 31 DECEMBER 2008 ('000) 2008 vs 2007 Loss -124,803 vs -382,828 |
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teeth53
Supreme |
13-Feb-2009 22:58
Yells: "don't learn through life, learn to grow with life " |
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Only with deep pocket....Buy / Sell or Hold...Happy investing...Ya.
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AK_Francis
Supreme |
20-Dec-2008 19:08
Yells: "Happy go lucky, cheers." |
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Agreed, acc when there is good bargain. Vested as well.
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Eddyson
Senior |
20-Dec-2008 14:15
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Next month Singapore government give out goodies, things like reduce corporate tax, gaming tax, property tax, lower entertainment fees, foriegn workers levy, utilities bill, airport tax, maybe GST, all of these will benifit Genting int's operation.The price will return back to it's right issue price of 60cts.Fully invested & will accumulate on downtrend. | ||||
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Eddyson
Senior |
09-Nov-2008 17:51
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Gentings father Genting Bhd got money, own plantation, pwr station, hotel chain(Resort world), oil rig, oil exploration, properties, star cruises & many more. Early last year, heard that that they strike oil in Indonesia when oil price was rocket high & the amount calculated was more then enough to cover the construction of RWS. Genting had a share buy back at 35 to 50 cts after their right issue of 60 cts. Maybe they will push the share price up, take profit & buy over gaming company in Macau, UK or USA. See how the Chinese genes of Lim Goh Tong still exist in his son? Remember that one day, Mark Berrnets announcement, the share just cheong up from 60cts to 67cts with no logic? Ang Moh, just like any other Ang Moh, buy more than what they can affort & pay later with credits, which now let to the crisis in USA. No money to pay, default only, that’s their styles.Don't forget that Genting also bid for Marina bay, if no confident where they can bid for the two Casino at one go. |
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teeth53
Supreme |
09-Nov-2008 12:49
Yells: "don't learn through life, learn to grow with life " |
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sands in trouble, then Gen't not in trouble......? | ||||
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AK_Francis
Supreme |
09-Nov-2008 00:35
Yells: "Happy go lucky, cheers." |
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As paper stated that Gent will only commence opt 6 mths after Sands. Now, with Sand impending financial issue, Gent is now in upper hand. So, what to do with this burger nest Mon??? |
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Forglory
Member |
08-Nov-2008 21:08
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never know, nobody expected sands to get into financial trouble as well... |
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Eddyson
Senior |
08-Nov-2008 17:49
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Have forgot to state that Genting's right issue was SGD$2.3 billion.One more extra 0.3 billion. | ||||
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Eddyson
Senior |
08-Nov-2008 17:46
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Singapore, 11 February, 2008 – Resorts World at Sentosa Pte Ltd (RWSentosa) announced today that it has secured S$4 billion credit facilities for its integrated resort development, Resorts World at Sentosa (RWS), in Singapore. The credit facilities would fund two-thirds of the company's S$6 billion project cost, with the remaining to be funded through equity raised from RWSentosa’s parent company’s, Genting International, successful rights issue in 2007. The credit facilities were obtained on 6 February 2008.
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julybabe
Member |
07-Nov-2008 15:32
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Hi, this stock is very active today, trading between 0.385-0.395. something brewing? gd time to enter? thks. | ||||
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