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GenSp starts to move up again Post Reply Rate topic
wesely2k Veteran	19-Sep-2012 10:10        wesely2k About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	KNS.....still sleeping. Switch counter to table Sentosa.
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newbie2012 Member	18-Sep-2012 10:11        newbie2012 About Contact  Quote this Post!
x 0   x 0  Alert Admin	surprise that tis forum falls into hibernating mood...haha
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Pocahontas Member	17-Sep-2012 13:39        Pocahontas About Contact  Quote this Post!
x 0   x 0  Alert Admin	immediate resistance seems to be 1.42 interesting how this much beaten stock is moving up almost at the same time as another " hopeless" stock - wilmar
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dicksonh Veteran	17-Sep-2012 12:16        dicksonh About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hhaha my average is 1.83...wait till neck long long too
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wesely2k Veteran	17-Sep-2012 11:14        wesely2k About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Don't worry....i worst than you. 1.90 = 10 lots 1.75 = 10 lots 1.57 = 10 lots 1.44 = 10 lots 1.35 = 10 lots 1.23 = 10 lots total of 60 lots average of $1.565 So sit together and wait. Cheer! newbie2012      ( Date: 17-Sep-2012 10:50) Posted: i can oni sit and watch in hope that it will continue to go up. my cost is still 10+cts away...haha but my guts feeling is that it could be on an up trend in short to mid since it finally break 1.4 after numerous try.
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newbie2012 Member	17-Sep-2012 10:50        newbie2012 About Contact  Quote this Post!
x 0   x 0  Alert Admin	i can oni sit and watch in hope that it will continue to go up. my cost is still 10+cts away...haha but my guts feeling is that it could be on an up trend in short to mid since it finally break 1.4 after numerous try.
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wesely2k Veteran	17-Sep-2012 10:46        wesely2k About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Suddenly Chiong up....! UP....UP....UP ! alexchia01      ( Date: 17-Sep-2012 10:20) Posted: I think can Buy  Genting SP today. Entry: $1.340 to $1.410 Stop-Loss: $1.360 More on my Blog at Alex Trades. Good luck.
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tiancai007 Master	17-Sep-2012 10:45        tiancai007 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Jeep in some at 1.405..
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alexchia01 Elite	17-Sep-2012 10:20        alexchia01 About Contact  Quote this Post! Style: Combined   Mood: Yells: "Catch The Stars And Ride With Them"
x 0   x 0  Alert Admin	I think can Buy  Genting SP today. Entry: $1.340 to $1.410 Stop-Loss: $1.360 More on my Blog at Alex Trades. Good luck.
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bishan22 Elite	14-Sep-2012 16:20        bishan22 About Contact  Quote this Post!
x 0   x 0  Alert Admin	If it cannot run on bull today, it tells you that no one is interested to own this counter. Let go and change counter. Good luck.
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wesely2k Veteran	14-Sep-2012 15:10        wesely2k About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Hanging down there, ai si buay si..........ZZZZzzzz
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Pocahontas Member	14-Sep-2012 12:27        Pocahontas About Contact  Quote this Post!
x 0   x 0  Alert Admin	from a chartist's pov, it looks good but not strong though
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tonylim Master	14-Sep-2012 12:12        tonylim About Contact  Quote this Post!
x 0   x 0  Alert Admin	What I meant is without these incentives for regular customers, the business will be affected.  It is not the fine of 600,000 which is peanut to Genting francesco2222      ( Date: 13-Sep-2012 14:38) Posted: haha yes of course 600000 SGD fine will have a big impact on its business and profitability... Let me guess are u shorting this stock? 600 000 SGD is nothing for a casino like RWS or MBS and the threat it will happen again is not new. Singapore is not Macau that's why the PE is not the same and that's because of the government monitoring, nothing new... The stock will loose one or two % max everytime this will happen. C'est la vie!
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shadowmoon Veteran	13-Sep-2012 21:35        shadowmoon About Contact  Quote this Post!   Yells: "Henshin"
x 0   x 1  Alert Admin	Genting jialat....everytime got penalised...ha Not good for its stock...
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coolsan Member	13-Sep-2012 21:14        coolsan About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	penalty $600,000 / 4000 person = $150 contribution ...peanut for casino pity for the staff only  will be  charged for 4 yrs jail..haiz 真 系 阴 公 ..做 工 变 成 做 监 ..
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francesco2222 Member	13-Sep-2012 14:38        francesco2222 About Contact  Quote this Post!
x 0   x 0  Alert Admin	haha yes of course 600000 SGD fine will have a big impact on its business and profitability... Let me guess are u shorting this stock? 600 000 SGD is nothing for a casino like RWS or MBS and the threat it will happen again is not new. Singapore is not Macau that's why the PE is not the same and that's because of the government monitoring, nothing new... The stock will loose one or two % max everytime this will happen. C'est la vie!
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tonylim Master	13-Sep-2012 14:11        tonylim About Contact  Quote this Post!
x 0   x 0  Alert Admin	this is going to badly affect its business and thus profitabilty tiancai007      ( Date: 12-Sep-2012 19:02) Posted: SINGAPORE: Resorts World Sentosa (RWS) has been fined S$600,000 for breaching social safeguards against problem gambling by partially reimbursing the annual entry levy for about 3,400 local casino patrons. Several of its employees are being investigated by the Commercial Affairs Department (CAD) for possible criminal offences. The Casino Regulatory Authority of Singapore (CRA) said on Wednesday that the fine of S$600,000 is the highest single financial penalty imposed so far for breaching the Casino Control Act (CCA). It started investigations after it was informed by the public that they had received complimentary Universal Studios Singapore (USS) tickets when they renewed their annual entry levies. It found that between February 1, 2011 and May 31, 2011, RWS staff members carried out a marketing programme, giving incentives such as USS tickets, concert tickets and hotel accommodation to locals when they bought or renewed their annual entry levies. About 3,400 local casino patrons were partially reimbursed the cost of the annual entry levy. The CRA said although the marketing programme was carried out by a handful of RWS' staff members, it holds RWS responsible for its employees' actions. RWS had also breached CRA's reporting requirements, as it did not submit details of this marketing programme to the authority. This breach has been taken into consideration by the CRA. During the investigations, CRA also discovered that certain documents submitted by RWS staff members to CRA could have been forged. False or misleading information could have been provided to CRA. The CRA referred these cases to the CAD for investigation into possible criminal offences. The CRA is also investigating the culpability of the employees involved to ascertain whether they had breached the CCA, as well as conditions of their Special Employee Licences. The casino watchdog stressed that the entry levy is one of many social safeguards put in place to address problem gambling. Singapore Citizens and Permanent Residents have to pay an annual entry levy of S$2,000 or a daily entry levy of S$100 per 24-hour entry to the casinos. Casino operators cannot refund or reimburse the entry levy, whether directly or indirectly. The CRA said it has stressed this requirement several times to the casino operators and this requirement is clearly spelt out in the CCA. Chief executive of CRA, Mr Lau Peet Meng, pointed out that this is the second time RWS has breached the law involving the reimbursement of entry levy. He said the CRA has asked the operator to review its casino marketing programmes and promotions to ensure that there are no further direct or indirect reimbursements of the entry levy. He said even though RWS has put in place measures to strengthen its compliance processes, the CRA is sending a clear signal to the operator to comply fully with the social safeguards to protect locals at all times. "While we note that RWS has put in place measures to strengthen its compliance processes as a result of this breach, CRA is sending a clear signal to the operator that it should comply fully with the social safeguards put in place to protect locals. Compliance to our laws and regulations must be strictly adhered to at all times," he said.
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wesely2k Veteran	13-Sep-2012 14:07        wesely2k About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	DIE OFF!
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tiancai007 Master	12-Sep-2012 19:02        tiancai007 About Contact  Quote this Post!
x 0   x 0  Alert Admin	SINGAPORE: Resorts World Sentosa (RWS) has been fined S$600,000 for breaching social safeguards against problem gambling by partially reimbursing the annual entry levy for about 3,400 local casino patrons. Several of its employees are being investigated by the Commercial Affairs Department (CAD) for possible criminal offences. The Casino Regulatory Authority of Singapore (CRA) said on Wednesday that the fine of S$600,000 is the highest single financial penalty imposed so far for breaching the Casino Control Act (CCA). It started investigations after it was informed by the public that they had received complimentary Universal Studios Singapore (USS) tickets when they renewed their annual entry levies. It found that between February 1, 2011 and May 31, 2011, RWS staff members carried out a marketing programme, giving incentives such as USS tickets, concert tickets and hotel accommodation to locals when they bought or renewed their annual entry levies. About 3,400 local casino patrons were partially reimbursed the cost of the annual entry levy. The CRA said although the marketing programme was carried out by a handful of RWS' staff members, it holds RWS responsible for its employees' actions. RWS had also breached CRA's reporting requirements, as it did not submit details of this marketing programme to the authority. This breach has been taken into consideration by the CRA. During the investigations, CRA also discovered that certain documents submitted by RWS staff members to CRA could have been forged. False or misleading information could have been provided to CRA. The CRA referred these cases to the CAD for investigation into possible criminal offences. The CRA is also investigating the culpability of the employees involved to ascertain whether they had breached the CCA, as well as conditions of their Special Employee Licences. The casino watchdog stressed that the entry levy is one of many social safeguards put in place to address problem gambling. Singapore Citizens and Permanent Residents have to pay an annual entry levy of S$2,000 or a daily entry levy of S$100 per 24-hour entry to the casinos. Casino operators cannot refund or reimburse the entry levy, whether directly or indirectly. The CRA said it has stressed this requirement several times to the casino operators and this requirement is clearly spelt out in the CCA. Chief executive of CRA, Mr Lau Peet Meng, pointed out that this is the second time RWS has breached the law involving the reimbursement of entry levy. He said the CRA has asked the operator to review its casino marketing programmes and promotions to ensure that there are no further direct or indirect reimbursements of the entry levy. He said even though RWS has put in place measures to strengthen its compliance processes, the CRA is sending a clear signal to the operator to comply fully with the social safeguards to protect locals at all times. "While we note that RWS has put in place measures to strengthen its compliance processes as a result of this breach, CRA is sending a clear signal to the operator that it should comply fully with the social safeguards put in place to protect locals. Compliance to our laws and regulations must be strictly adhered to at all times," he said.
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yabbest Senior	12-Sep-2012 14:50        yabbest About Contact  Quote this Post!
x 0   x 0  Alert Admin	the time to short this bugger is this friday!
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