Latest Forum Topics / Genting Sing Last:0.77 -- | Post Reply |
GenSp starts to move up again
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Bon3260
Supreme |
14-Dec-2009 20:56
Yells: "Ooo Ooo Aaa Aaa!" |
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I went 2 tell my grandmum dat sm experts in Sharejunctions said dat Genting SP target price's only 0.68. So I hurriedly asked her 2 sell tmr early morning. Guess wat my grandmum said... "If Genting SP up once sold! U pay me e diff huh!" : ( |
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freshmind
Senior |
14-Dec-2009 20:03
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Hey guys, financial market full of risks, don't be fooled by rumours. Let's cool down and do some analysis from the report by Goldman:- 1) Target price 0.68?? It is 30% less than current price! If you monitor Genting sp closely, you should know don't say 2%, it is difficult for the share to drop 2 cent from now. How can it be 0.68 after the casino opens as the target price even lower than during the construction price? If it drops to 0.68, do u know how much genting bhd will lose? How can the parent company allows it to happen! 2) Genting sp price overvalue last 6 months?? Generally, almost every shares around the world go up last 6 months, don't fool us! 3) Tight regulation on junkets?? How to know it must be tight regulation on junkets now?? If you know the low casino tax in Singapore, you should know the government's commitment in developing the casino industry in the country, especially to attract the VIP guests from 'overseas' Instead of the news about regulation on junkets, the coming news should be about the soft opening, grand opening and awards of license. Comments: Goldman's report is to highlight that may be a adjustment of share price after the share rally which is commonly known by us. So don't be fooled by the tricks in mis-interpreting the news. Today many transactions done when close to the opening time. The share transaction volume and price will go higher and higher after all the news of soft and grand opening been released... |
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mal3810
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14-Dec-2009 18:38
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The last transaction is a consolidated one. Not 1 seller and 1 buyer only. Do not be confused.
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freshmind
Senior |
14-Dec-2009 17:22
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Don't panic, 1 institution will not make the it falls, other underwriters (banks) will not let it be. Moreover, it is only a financial report, everyone free to express their opinion. The closer to the opening, you will hear many kind of news... |
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stevenk
Member |
14-Dec-2009 17:08
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hi all, please take note. 1 big chuck of 4.4M shares sold at 5.05pm. most likely, it is a institution sell. please make your own judgement call. |
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cyjjerry85
Elite |
14-Dec-2009 17:01
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yep we already know the pattern of these analysts...in the first place...really dun really understand why we shld actually even read their bias "false" reports of targeted price... they can say whatever they want to and change their views almost the next instant
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kakigenting
Member |
14-Dec-2009 16:56
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No choice lah, uncle goldman keeps sell at 1.09 so long to scare us till no bullets already, have to re-fill loh : ) Then reserves some for me at 0.68 as well, haha.. |
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BB-trader
Member |
14-Dec-2009 16:51
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Uncle Goldman, please sell some lots to me at price of S$0.68 +10% la, | ||||||||||||||
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kakigenting
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14-Dec-2009 16:50
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Finally we got 1 negative report : ) If report can mean the price.....wow....last month $3, this morning $1.5 and afternoon 0.68??? Smart investors, you should have your own judgment. |
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AnthonyTan
Elite |
14-Dec-2009 16:46
Yells: "patience" |
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Whatever financial analysts reports you read, end of the day YOU DECIDE. You make your own decision. |
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stevenk
Member |
14-Dec-2009 16:41
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kakigenting
Member |
14-Dec-2009 16:36
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I see, i thought i saw police wore short pant in Singapore : ) | ||||||||||||||
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Laulan
Master |
14-Dec-2009 16:31
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I think it was a typo error, missing 1. Should be tp $1.68 instead. | ||||||||||||||
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kakigenting
Member |
14-Dec-2009 16:30
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Wow, the only report rated TP to 0.68, so interesting. If it goes to 0.68, many BBs must be happy to grab all the stocks at cheap price. What a wonderful dream...
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jm2212
Senior |
14-Dec-2009 15:59
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Holding well despite the report from GS, Genting Rocks !!!!! With Genting Singapore set to open (Jan. 2010). GS adds Genting Singapore onto its Conviction Sell list with a 12-month NAVbased price target of S$0.68. Catalysts: (1) release of junket regulations; (2) LVS announcing the MBS launch date; (3) both Sentosa and MBS opening Jan./end-1Q2010, respectively; (4) weak 1Q2010 results. |
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Laulan
Master |
14-Dec-2009 15:09
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It must try to break up above $1.15 before going to $1.20 first. $1.50 will be later. | ||||||||||||||
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kakigenting
Member |
14-Dec-2009 14:16
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TP 1.50 shall be near term and it seems coming soon... | ||||||||||||||
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kakigenting
Member |
14-Dec-2009 14:14
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You are right. Somebody just try to confuse others. TP can be different in short-term and long-term.
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mal3810
Member |
14-Dec-2009 14:09
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Been following the counter closely during this time. My 2-cents perspective is there are quite a few traders buying low and selling high in significant volumes thus making some profit from these transactions &/or cutting losses due to going in at the 'wrong' time -> 'disturbing' the actual market trend. Comments?
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mal3810
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14-Dec-2009 14:01
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From what I understand the difference is due to the time period. $1.5 near term and $3.00 further down the road. |
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