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Latest Forum Topics / Genting Sing    Last:0.76    -0.01  Post Reply
GenSp starts to move up again
daphnecsf
Senior
23-Feb-2010 10:34     
 
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OMG, DBS research for Genting Singapore remain HOLD. 

"FY09 profit exceeded our and market expectations
due to lower pre-operating losses."
"Cut 2010-2012F earnings by 23-37% due to slower
than expected ramp up. Maintain Hold, TP slashed to
S$1.07 (from S$1.20)."

22Feb2010
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AnthonyTan
Elite
23-Feb-2010 10:34     
 
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If you set a cut loss nos, take it with a pinch of salt.

e.g.ppl who bought genting at $1.25 - $1.30. If their

cut loss is 5 - 10%, they can buy cheaper now.I have learnt

my lesson before. You don't have to wait until your neck

long long for it to go up. The mkt is always there for you

to fight another day. Just wait for apportunity. At least you

can sleep in peace.



matrixneo      ( Date: 23-Feb-2010 10:16) Posted:

be careful...I advise not to do that...Just to give you an example when I first started out 'trading'....just follow friends...My Chartered Semi bought at 4.78...within 1 yr dropped to 1+...then followed by penny stock...then bought over by overseas company...and now...GONE!....Even such a big blue chip company can disappear from the market...so not all giants are spared...trade with a cut loss mindset..play with head not heart.

hotokee      ( Date: 23-Feb-2010 10:05) Posted:

I don't know how to cut loss.  So usually stuck until they play it up again in most stocks.  But some stocks never recover so waiting long time already
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kellychang
Master
23-Feb-2010 10:31     
 
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nvm la..lesson learned...

in future, dun anyhow luan luan buy...

also, avoiding china stock...

well, i see cosco and yang zi jiang...also scared...

somemore they are china blue chips leh...
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wangwang828
Member
23-Feb-2010 10:29     
 
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 Alert Admin 		Ya..same like me... ChinaMilk is now suspended... I think gone case soon. SAD
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hotokee
Veteran
23-Feb-2010 10:20     
 
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 Alert Admin 		Thanks.  It is true.  I also got stuck in China Sun, suspended and I think also gone case. Bought rather high and luckily before I could average, it got suspended.  Lucky, real lucky.  But hope one day re-listed so can get back something.
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matrixneo
Member
23-Feb-2010 10:16     
 
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 Alert Admin 		be careful...I advise not to do that...Just to give you an example when I first started out 'trading'....just follow friends...My Chartered Semi bought at 4.78...within 1 yr dropped to 1+...then followed by penny stock...then bought over by overseas company...and now...GONE!....Even such a big blue chip company can disappear from the market...so not all giants are spared...trade with a cut loss mindset..play with head not heart.

hotokee      ( Date: 23-Feb-2010 10:05) Posted:

I don't know how to cut loss.  So usually stuck until they play it up again in most stocks.  But some stocks never recover so waiting long time already.

AnthonyTan      ( Date: 23-Feb-2010 09:49) Posted:

Do u have a cut loss figure
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hotokee
Veteran
23-Feb-2010 10:16     
 
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 Alert Admin 		After you joging the wrong side how? 

AnthonyTan      ( Date: 23-Feb-2010 10:13) Posted:

Just joging lah, no offence.

Laulan      ( Date: 23-Feb-2010 10:10) Posted:

Nowadays where to get ah long?  Geylang ah longs all die already.  


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AnthonyTan
Elite
23-Feb-2010 10:13     
 
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 Alert Admin 		Just joging lah, no offence.

Laulan      ( Date: 23-Feb-2010 10:10) Posted:

Nowadays where to get ah long?  Geylang ah longs all die already.  

AnthonyTan      ( Date: 23-Feb-2010 10:04) Posted:

Give a call to ah long, hahah
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Laulan
Master
23-Feb-2010 10:10     
 
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 Alert Admin 		Nowadays where to get ah long?  Geylang ah longs all die already.  

AnthonyTan      ( Date: 23-Feb-2010 10:04) Posted:

Give a call to ah long, hahaha

Laulan      ( Date: 23-Feb-2010 10:02) Posted:

Just joking, I don't have the money to play.


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Laulan
Master
23-Feb-2010 10:08     
 
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 Alert Admin 		Believe Genting can recover if you buy now and lost money.  Like I said just be careful for the market is vicious.

hotokee      ( Date: 23-Feb-2010 10:05) Posted:

I don't know how to cut loss.  So usually stuck until they play it up again in most stocks.  But some stocks never recover so waiting long time already.

AnthonyTan      ( Date: 23-Feb-2010 09:49) Posted:

Do u have a cut loss figure
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hotokee
Veteran
23-Feb-2010 10:05     
 
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 Alert Admin 		I don't know how to cut loss.  So usually stuck until they play it up again in most stocks.  But some stocks never recover so waiting long time already.

AnthonyTan      ( Date: 23-Feb-2010 09:49) Posted:

Do u have a cut loss figure?

hotokee      ( Date: 23-Feb-2010 09:43) Posted:



My entry price is 95 cents and I won't sell for a loss for this counter because of the nature of its business.  Should it go down, I will buy in incremental lots to average down.  Target is 200 lots and I have less than 20 lots now.
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AnthonyTan
Elite
23-Feb-2010 10:04     
 
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 Alert Admin 		Give a call to ah long, hahaha

Laulan      ( Date: 23-Feb-2010 10:02) Posted:

Just joking, I don't have the money to play.

hotokee      ( Date: 23-Feb-2010 10:01) Posted:

Laulan also buying from nick?
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Laulan
Master
23-Feb-2010 10:02     
 
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 Alert Admin 		Just joking, I don't have the money to play.

hotokee      ( Date: 23-Feb-2010 10:01) Posted:

Laulan also buying from nick?



Laulan      ( Date: 23-Feb-2010 09:59) Posted:

Can. No problem.  Just let me kjnow what price you want to short and we can ask the brokers to match. Hahaha, no kidding!


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hotokee
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23-Feb-2010 10:01     
 
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Laulan also buying from nick?



Laulan      ( Date: 23-Feb-2010 09:59) Posted:

Can. No problem.  Just let me kjnow what price you want to short and we can ask the brokers to match. Hahaha, no kidding!

nickyng      ( Date: 23-Feb-2010 09:51) Posted:

how much u accumulating? may be i can "short" it down to u via a mkt matching deal ?!?! hee...:D


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Laulan
Master
23-Feb-2010 09:59     
 
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 Alert Admin 		Can. No problem.  Just let me kjnow what price you want to short and we can ask the brokers to match. Hahaha, no kidding!

nickyng      ( Date: 23-Feb-2010 09:51) Posted:

how much u accumulating? may be i can "short" it down to u via a mkt matching deal ?!?! hee...:D

hotokee      ( Date: 23-Feb-2010 09:43) Posted:



My entry price is 95 cents and I won't sell for a loss for this counter because of the nature of its business.  Should it go down, I will buy in incremental lots to average down.  Target is 200 lots and I have less than 20 lots now.
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MarkLiao60
Member
23-Feb-2010 09:58     
 
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 Alert Admin 		I Like it Hee.... :D

Laulan      ( Date: 23-Feb-2010 09:57) Posted:

Good idea.

nickyng      ( Date: 23-Feb-2010 09:51) Posted:

how much u accumulating? may be i can "short" it down to u via a mkt matching deal ?!?! hee...:D


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Laulan
Master
23-Feb-2010 09:57     
 
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 Alert Admin 		Good idea.

nickyng      ( Date: 23-Feb-2010 09:51) Posted:

how much u accumulating? may be i can "short" it down to u via a mkt matching deal ?!?! hee...:D

hotokee      ( Date: 23-Feb-2010 09:43) Posted:



My entry price is 95 cents and I won't sell for a loss for this counter because of the nature of its business.  Should it go down, I will buy in incremental lots to average down.  Target is 200 lots and I have less than 20 lots now.
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hotokee
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23-Feb-2010 09:56     
 
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Sorry it was not 200 lots at one shot above $1 but accummulated until 200 lots when the prices fell.



hotokee      ( Date: 23-Feb-2010 09:51) Posted:

Previously I held about 200 lots at above $1.00 and averaged until beow 60 cents. Lateron sold everything as it went up.

hotokee      ( Date: 23-Feb-2010 09:43) Posted:



My entry price is 95 cents and I won't sell for a loss for this counter because of the nature of its business.  Should it go down, I will buy in incremental lots to average down.  Target is 200 lots and I have less than 20 lots now.
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hotokee
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23-Feb-2010 09:51     
 
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 Alert Admin 		Previously I held about 200 lots at above $1.00 and averaged until beow 60 cents. Lateron sold everything as it went up.

hotokee      ( Date: 23-Feb-2010 09:43) Posted:



My entry price is 95 cents and I won't sell for a loss for this counter because of the nature of its business.  Should it go down, I will buy in incremental lots to average down.  Target is 200 lots and I have less than 20 lots now.
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nickyng
Supreme
23-Feb-2010 09:51     
 
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 Alert Admin 		how much u accumulating? may be i can "short" it down to u via a mkt matching deal ?!?! hee...:D

hotokee      ( Date: 23-Feb-2010 09:43) Posted:



My entry price is 95 cents and I won't sell for a loss for this counter because of the nature of its business.  Should it go down, I will buy in incremental lots to average down.  Target is 200 lots and I have less than 20 lots now.
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