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GenSp starts to move up again

AnthonyTan
Elite

11-Feb-2010 11:26

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Yells: "patience"

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In my opinion BBs mean:- big boys, like the financial institutions,

fund managers, brokers,( like dealers & remisers ) acting for big

clients, etc,etc, those who trade very big lot. Some can even

influence the share px movements.

Moderate ( Date: 11-Feb-2010 11:11) Posted:

it is overused and mean many things (that cannot be explained) now!

matrixneo ( Date: 11-Feb-2010 09:01) Posted:

Big Brothers? Big Buyers? Big Bucks? haha

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KannaSze
Member

11-Feb-2010 11:15

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wah brother u are here oso. BB means busybody lah! Smiley

Moderate ( Date: 11-Feb-2010 11:11) Posted:

it is overused and mean many things (that cannot be explained) now!

matrixneo ( Date: 11-Feb-2010 09:01) Posted:

Big Brothers? Big Buyers? Big Bucks? haha

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Moderate
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11-Feb-2010 11:11

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it is overused and mean many things (that cannot be explained) now!

matrixneo ( Date: 11-Feb-2010 09:01) Posted:

Big Brothers? Big Buyers? Big Bucks? hahah

Mr.Bankrupt ( Date: 11-Feb-2010 08:49) Posted:

Morning everyone!

New to stocks and forum here and so I am going to ask 1 noob question. Please be patient with me lol.

In point #3 the abbreviations of BBs means what? Everytime see BB here BB there but I have no idea what it is.

BB = ? (Big Buyers?)

Smiley

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freshmind
Senior

11-Feb-2010 10:32

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Everyone free to express their opinions. But anywhere, I know what u mean. Haha...

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samson
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11-Feb-2010 10:29

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All Asia Stock up for CNY CHINESE NEW YEAR rally

Asian stock market indices Quotes
Stock	Index	Change	Proportional	Local
New Zealand	3068.34	-17.17	-0.56%	14:58
Australian stock market	4581.80	48.80	1.08%	13:25
Nikkei 225	9963.99	31.09	0.31%	02/10
Topix	883.50	1.93	0.22%	02/10
Topix two	2072.96	3.71	0.18%	02/10
JASDAQ	49.77	0.21	0.42%	02/10
South Korean stock market	1591.22	21.10	1.34%	11:05
Taiwan Weighted	7441.84	80.80	1.10%	02/10
Taiwan-the-counter	129.26	2.31	1.82%	02/10
Shanghai Composite	2988.53	6.03	0.20%	10:07
Shanghai A Shares	3133.58	6.20	0.20%	10:07
Shanghai B Shares	248.42	2.59	1.05%	10:07
Shenzhen A Shares	1174.78	1.67	0.14%	10:10
Shenzhen B shares	583.96	1.16	0.20%	10:10
CSI 300	3222.55	8.42	0.26%	10:10
Shenzhengchengzhi	12,210.13	24.75	0.20%	10:10
Hong Kong Hang Seng	20,190.49	268.27	1.35%	10:24
State-owned enterprises in Hong Kong	11,550.72	205.08	1.81%	10:24
Hong Kong red chips	3981.70	39.00	0.99%	10:24
Singapore	2744.37	9.98	0.36%	10:10
Straits Chinese	281.24	1.89	0.68%	10:10

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iPunter
Supreme

11-Feb-2010 10:20

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The earlier you discard you views and opinions (ie. I think) the better.

Just forget about yourself and read the market technically (ie. objectively).

Only in this way, the market beast will turn out to be your best friend...

hehehe... Smiley

freshmind ( Date: 11-Feb-2010 10:10) Posted:

I don't think anybody is willing to sell their shares below $1 especially after the casino is opened. Since the opening of casino has been postponed for sometime, people who stayed with counter shall have some cash funds and allow them to keep their shares even in longer term. So I will consider price at current level is low enough for us to buy at this stage. Anywhere, this is individual opinion and let's bet to see who will be the lucky guy Smiley

Good luck.

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samson
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11-Feb-2010 10:16

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Mypaper to post they prepareing for the openning.

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samson
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11-Feb-2010 10:11

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Genting sentosa Casino will be open this friday 12 Feb 2010

When casino open then genting cash flow in will begain .... share price up up up begain ,

Analysts said that while the ideal situation is for both the casino and theme park to open at the same time to capitalise on the CNY holidays, RWS can still expect to reap dividends from opening the casino first.

Chesterton Suntec International head of research and consultancy, Mr Colin Tan, said: "To hold back the casino means they lose money, so it's better to open as early as possible to start earning money.

"Chinese New Year is the best time to open. That's when they get the most publicity. It is also nice to start the New Year with a casino."

But with the weekend inching closer and no firm date for the casino opening announced, it may now be too late for tourists to fly in to gamble at the RWS casino.

Travel agents told MediaCorp that flights to Singapore over the weekend were full. While there are still hotel rooms available in the city, hotels in Sentosa are fully booked for the weekend.

Ms Alicia Seah, CTC Holidays' senior vice-president of marketing and public relations, said she expects visitors to RWS this weekend to comprise of mainly Singaporeans - instead of tour groups whose travel plans would have been firmed up for the weekend.
http://www.todayonline.com/Hotnews/EDC100211-0000127/Casino-to-open-first

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freshmind
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11-Feb-2010 10:10

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Good luck.

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Sarahli
Member

11-Feb-2010 09:47

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Buying a share is like buying a property. You won't know when exactly is the high or low but common sense will certainly guide you to know that the price is pretty beaten down or when it has risen over exuberantly. Then, there are also so many other external factors like global share movement, global impactful economic news like Greece imbalanced account, etc, which no one could predict. The trouble is when the price is so beaten down like last year's property prices, not many dare venture in and then it shot up so quickly beyond anyone's expectations. Likewise, when the price is so good, people expect it to go on and on like before the market crash. This just proves that no one knows the short term price fluctuations and it is best to use a long term judgment to ask yourself what you think the price of GS will be in 2-3 years time? You can wait and see if luck is on your side or you can say that for a possible 10% or maybe 20% price drop (who knows?), you are just going to put down some money to lock in an investment you believe will give you far more than this downside risk in the longer term. No wonder Warren Buffett makes his kind of money....

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AnthonyTan
Elite

11-Feb-2010 09:41

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Yells: "patience"

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You said that by Feb. 2010, the TP is $1.60 - $2.00

Base on what methodology do you arrive at this numbers???

Or is it purely SPECULATION????????

Hahaha, cheers and good luck

risktaker ( Date: 11-Feb-2010 00:58) Posted:

Genting is an extraordinary stock :P You cannot treat this share like normal casino shares :) This is not a dumb hotel with a casino inside, you have to understand its business model and the attractions to know the potential.

Dont believe in a fresh grad or MBA analyst. Seriously Business and Study is different thing.

1) Genting is a Singapore first Casino with 2-3 months monopoly in singapore over its competitors.

2) It is an integrated resort for anyone its like a 1 stop paradise "Adults, Youth, Kids".

3) Strong BBs are supporting Genting prices. Accumulate more and more.

For every sellers there will be a willingly buyer and I think some bigger stake holders are trying to accumulate more as they realise Genting Potential.

I expect 13th Feb 2010 - Casino will be open in line with the CNY.

Genting PLC earnings will beat analyst expectations :)

TP: $1.6 - $2.0

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nickyng
Supreme

11-Feb-2010 09:36

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potential of next rally? err...same feeling...except that my "rally" is reverse rally i.e going down! :P 95cts is my reference point :P

freshmind ( Date: 11-Feb-2010 09:27) Posted:

I have sold all my genting sp shares before when everyone panic to buy with price broke the level of 1.30. However, after the shares price has dropped to 1.07 and flat for almost 2 weeks, I will say it is chance to get in and can feel the potential of next rally...

risktaker ( Date: 11-Feb-2010 00:58) Posted:

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AnthonyTan
Elite

11-Feb-2010 09:31

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Many forumers shouting about openings. Pl don't trick Uncles &

Aunties into believing that the openings will have an impact

on the share px. A very good example is this seamstress auntie

asking me to buy at $1.25, saying that the share px will SURELY

GO UP when it opens. I will only buy and sell on my own judgement.

Hahaha

jchuatm ( Date: 11-Feb-2010 08:41) Posted:

Theme Park Universal Studio @ Sentosa not expected to open till a few weeks later.... from CNA. Wonder any impact on stocks prices today??

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freshmind
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11-Feb-2010 09:27

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risktaker ( Date: 11-Feb-2010 00:58) Posted:

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matrixneo
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11-Feb-2010 09:01

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Big Brothers? Big Buyers? Big Bucks? hahah

Mr.Bankrupt ( Date: 11-Feb-2010 08:49) Posted:

Morning everyone!

New to stocks and forum here and so I am going to ask 1 noob question. Please be patient with me lol.

In point #3 the abbreviations of BBs means what? Everytime see BB here BB there but I have no idea what it is.

BB = ? (Big Buyers?)

Smiley

risktaker ( Date: 11-Feb-2010 00:58) Posted:

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matrixneo
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11-Feb-2010 08:59

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I believe to date...investors here already know the main attraction is not from USS but Casino...and what's more...it says 'sources'...who are these people? are they trying to inject some fear for aunties and uncles to sell their shares low so they can swoop up at a real good deal? im holding on... :)

jchuatm ( Date: 11-Feb-2010 08:41) Posted:

Theme Park Universal Studio @ Sentosa not expected to open till a few weeks later.... from CNA. Wonder any impact on stocks prices today??

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Mr.Bankrupt
Member

11-Feb-2010 08:49

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Yells: "A bankrupt playing shares~"

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Morning everyone!

New to stocks and forum here and so I am going to ask 1 noob question. Please be patient with me lol.

In point #3 the abbreviations of BBs means what? Everytime see BB here BB there but I have no idea what it is.

BB = ? (Big Buyers?)

Smiley

risktaker ( Date: 11-Feb-2010 00:58) Posted:

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loyfam88
Senior

11-Feb-2010 08:43

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Was having dinner last nite with a group of colleagues and everyone is excited about the universal studio and casino. I am not sure if the $100 ruling applies to those on employment pass or PR.But I agree with risktaker, it is viewed as a place for the entire family. On the other hand, with Marina Sands opening in 2010, I feel that the general sentiment is not as hype as Genting as it's more for business/ convention and not for family (the key selling point). Anyway, I am vested as I believe in the long term potential of Genting. Look at Mr Lim's fengshui cemetery. How can things be bad for his descendants.

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jchuatm
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11-Feb-2010 08:41

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Theme Park Universal Studio @ Sentosa not expected to open till a few weeks later.... from CNA. Wonder any impact on stocks prices today??

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teeth53
Supreme

11-Feb-2010 08:26

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Earning expectation ?. when it happen, it not to late to announce. Why now it is always mentioned.

BBs accumulate more and more, does it mean BBs don sell and sell, just not a nomal practice. it shares price will have to reflex it values.

Just sharing mt thot.

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