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Genting Sing
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GenSp starts to move up again
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seanpent
Elite |
22-Feb-2012 17:05
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Is everyone's guess .....
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seanpent
Elite |
22-Feb-2012 16:57
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Buy in anticipation ..... sell on news ? OR Sell in anticipation ..... buy back on news ? |
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cardcounter
Member |
22-Feb-2012 15:58
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just look at wilmar, big gap down after result in fact during last quarter result release, Genting price also gap down after result
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krisluke
Supreme |
22-Feb-2012 15:32
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Genting SP: HSBC has results preview. House forecast RWS operations will generate $375m in EBITDA, flat with 3Q11 EBITDA of $375m. The 3Q11 result was assisted by a high win rate on VIP, which came in at 3.2% vs theoretical of 2.85%, although this was also impaired by higher provisions for bad debts. Add that even if GENS’s 4Q is weaker than forecast, don’t believe this necessarily undermines investment thesis on GENS or 2012 forecasts. The 3Q and 4Q periods in 2011 were marked by significant global economic uncertainty, which caused many Asian casinos, including Genting, to become more cautious in granting credit to VIP players. Believe the 2012 period provides a more certain regional economic outlook and, as such, an improved environment to issue new credit lines to VIP players. Overall, house reiterate Overweight rating with $1.99 TP and continue to apply a 10% premium to SOTP valuation. Globally, govts are facing fiscal pressure, and casinos remain an efficient policy tool for raising taxation rev. |
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iluvgambling
Member |
22-Feb-2012 15:14
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if results is good, BB will buy. some poeple will take profit. other poeple will also buy. if buyers overwhelm sellers , price goes where ??
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hongche
Senior |
22-Feb-2012 13:50
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not more expectation form it, We suggest that not go for fresh position for this stock at current trading session. More Recommendation - Click Here |
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elmo99
Member |
22-Feb-2012 13:26
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After 5
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leolim818
Member |
22-Feb-2012 13:19
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what time the result will be announced? | ||||
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elmo99
Member |
22-Feb-2012 13:05
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dun get it... gd or bad news to genting sp?
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seanpent
Elite |
22-Feb-2012 12:14
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2 up now ..... Kim Eng + OCBC .....
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seanpent
Elite |
22-Feb-2012 12:11
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good info .....
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sgnewbie
Master |
22-Feb-2012 12:07
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OCBC on Hospitality Sector with reference to Genting SP. http://sg-shares.blogspot.com/2012/02/hospitality-sector.html |
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seanpent
Elite |
22-Feb-2012 12:04
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:) may be more Short Sifus around ..... | ||||
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louis001
Master |
22-Feb-2012 12:01
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or just say for fun only...lol...
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lsolator
Member |
22-Feb-2012 11:47
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short this… don't follow me.. i only short for fun.. lol.. | ||||
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seanpent
Elite |
22-Feb-2012 11:34
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anyone knows if there are massive amount of shorts opened in anticipation of the results ? as at now, the ball is still round ..... |
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seanpent
Elite |
22-Feb-2012 11:14
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just hypothetically .....
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seanpent
Elite |
22-Feb-2012 11:13
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max error if long & hanging on => $1.6xx max error if short & hanging on => possibility of infinity today many Short Sifus + Long Sifus sharing their expert views ..... good time to learn ..... |
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stykish
Member |
22-Feb-2012 10:57
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consider good with the correction today STI going | ||||
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cardcounter
Member |
22-Feb-2012 10:11
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everyone is waiting for the result to take profit, BB won't be so stupid to push the price up to let everyone sell to them with profit
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