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Genting Sing
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GenSp starts to move up again
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BullishTempo
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25-Aug-2010 09:58
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Guys, anyone noticed the big buy volumes at 1.56 ? |
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starry1818
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25-Aug-2010 09:57
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I understand and don't worry, I won't blame you. The most is to hold this stock till the price rise again. Anyway, this is not a bad stock afterall. :)
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BullishTempo
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25-Aug-2010 09:53
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Expect OCBC and other banks to upgrade their price targets by 5 cents at least.
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BullishTempo
Supreme |
25-Aug-2010 09:48
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We give you wrong advice, you will blame us for losing money !!! For trading, must rely on own experience and sometimes your feel of the flow of the market forces. It is something I cannot explain.
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starry1818
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25-Aug-2010 09:44
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Aiya, cos' not sure when is the right time to buy mah. So, must seek expert advice. :) |
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BullishTempo
Supreme |
25-Aug-2010 09:43
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All I can say for sure at this moment is that support level is at 1.53. Resistance level not very clear but looks like is at 1.58 and above.
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BullishTempo
Supreme |
25-Aug-2010 09:31
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You have to use your own judgement. We cannot give advice on this.
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starry1818
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25-Aug-2010 09:26
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How to know when is the right price to get in? I'm thinking of buying at 1.55. Any advice? Thanks. |
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BullishTempo
Supreme |
25-Aug-2010 09:12
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Genting good news is out. Prepare yourselves |
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iPunter
Supreme |
25-Aug-2010 09:11
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One can observe until the cows come home... But if one doe not bet at the right price, one will just be enjoying free shows...
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BullishTempo
Supreme |
25-Aug-2010 09:10
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Yes observe further. Feel the tussle and mood of the traders and investors, follow the trend. Today's support is at 1.53 with a volume of 10 mil
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pharoah88
Supreme |
25-Aug-2010 09:10
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Genting Singapore: Sale of UK operations is a GO Summary: Genting Singapore’s (GS) sale of Genting UK (GUK) to Genting Malaysia (GM) is a GO, after shareholders of GM voted in favour of the deal yesterday afternoon; GS’s own shareholders have earlier given their nod to the sale last week. According to Malaysian media reports, GM received 60.4% of the votes for the acquisition valued at S$688.8m (MYR1.67b). GS will receive net proceeds of ~S$688.8m and will book an excess over book value of around S$103.6m. It had earlier paid £699.4m (~S$1.4b) for it in 2006. However, it will also recognize a non-cash exchange translation loss of ~S$338.8m on its P/L; in total, we are likely to see GS book an accounting non-cash loss of S$235.2m. Nevertheless, we believe that the divestment would allow GS to focus its resources on Resorts World Sentosa (RWS) as well as other opportunities in the region. We currently have a BUY rating and are in the process of reviewing our S$1.66 fair value on the stock. (Carey Wong) For more information on the above, visit www.ocbcresearch.comfor detailed report. |
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starry1818
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25-Aug-2010 09:06
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That is can't buy today as still needed to observe further? |
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iPunter
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25-Aug-2010 09:05
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Such a 'gapping' moment!... hehehe...
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BullishTempo
Supreme |
25-Aug-2010 09:05
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Buy volume and sell volume between 1.53 and 1.58 almost is almost equal. Today will be a rather stagnant day. |
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BullishTempo
Supreme |
25-Aug-2010 09:01
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A one-cent gap up. That is always good news for the bulls. But first sale is a sell of 1 mil shares. Today will be a tussle between bull and bear. | ||||
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BullishTempo
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25-Aug-2010 08:57
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Overall market sentiments from US to Europe to Asia is bearish. Lets see if yesterday's news of successful sales of Genting UK to Genting Malaysia will help to boost GentingSP |
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iPunter
Supreme |
25-Aug-2010 06:07
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It is good for Sifu to remind us that the stock market can be full of traps at times...
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teeth53
Supreme |
24-Aug-2010 23:38
Yells: "don't learn through life, learn to grow with life " |
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Just for info sharing...There is definition call bull trap and bear trap. (something from www.web site ) ... a Stock Market Bull and Bear Traps are. Any advanced trader must watch for these stock market traps. ... Bear Trap. A bear trap is the reverse of a bull trap. ...
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starry1818
Member |
24-Aug-2010 23:27
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Oh, correct me if I'm wrong that is to say you don't have the stocks when you sell and subsequently, bought it when the price went down? If so, isn't it very risky as you never knows whether it will drop?
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