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Latest Forum Topics / Genting Sing Last:0.77

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GenSp starts to move up again

teeth53
Supreme

12-Dec-2009 01:16

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Just sharing some info on share traded (Genting SP). Waited long, long neck very long lehh. Now another famous brand...target $3.00. Yahoo all can smile and laugh to d bank liao.

Date	Open	High	Low	Close	Volume
Dec 11, 2009	1.090	1.090	1.080	1.080	15,396,000
Dec 10, 2009	1.090	1.090	1.080	1.080	24,015,000
Dec 09, 2009	1.090	1.090	1.070	1.090	42,932,000
Dec 08, 2009	1.090	1.100	1.080	1.090	30,375,000
Dec 07, 2009	1.090	1.100	1.080	1.080	31,988,000
Dec 04, 2009	1.080	1.100	1.080	1.080	44,928,000
Dec 03, 2009	1.090	1.100	1.080	1.090	61,142,000
Dec 02, 2009	1.100	1.110	1.080	1.090	63,638,000
Dec 01, 2009	1.080	1.100	1.070	1.100	41,398,000
Nov 30, 2009	1.060	1.080	1.050	1.070	79,586,000
Previous 2 wks (Nov 13, 2009 to Nov 26, 2009)	1.110	1.140	1.050	1.080	613,926,000
Previous 4 wks (Oct 16, 2009 to Nov 12, 2009)	1.150	1.160	1.040	1.120	1,032,440,000

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ronaldko
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12-Dec-2009 00:51

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at least $5 Smiley

mal3810 ( Date: 11-Dec-2009 09:37) Posted:

GOOD NEWS!!

Shares of Genting Singapore could jump 200% to S$3.00, says Aaron Fischer, head of consumer & gaming research at CLSA. He explains his bullish outlook to CNBC's Oriel Morrison & Emily Chan.

View this!!!

http://www.cnbc.com/id/15840232?video=1342703717

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mal3810
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11-Dec-2009 12:21

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From the video, the gaming industry in Asia is a uptrend.

Watch it. It reveals much about the industry and particularly in investing in Genting S'pore.

All that has vested interest to Huat big! A CNY bonus for those who has the patience to wait.

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kakigenting
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11-Dec-2009 10:37

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The market temperature to genting sp share is very high, if the banker and BBs want to play the game, the share price shall go up rapidly and easily, and the return much more than the brokerage charges. Hope next week the banker will push up the price higher and let the game starts, it will reduce all the uncessary doubts.

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AnthonyTan
Elite

11-Dec-2009 10:36

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This is a multi billion project. Very very huge capital intensive investments.

Operational and maintenance costs are very very high to run the resort.

I cannot recall Genting SP take how many years to break even.

Future balance sheets ?????????????????????????

Nobody knows.

tedlim_me ( Date: 11-Dec-2009 10:17) Posted:

i thought so too.. even at this price, rationally, it's considered expensive to me due to it's debt obligations.. hmm..

AnthonyTan ( Date: 11-Dec-2009 10:16) Posted:

Most of the news are discounted orli, hahaha

Cheers and good luck.

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ekekeg
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11-Dec-2009 10:27

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I believe Genting can do $1.20 next week. Today being fri, trading may be abit cautious though DOW has risen.

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Laulan
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11-Dec-2009 10:17

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I mean, they can also wash trading to stall prices.

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tedlim_me
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11-Dec-2009 10:17

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i thought so too.. even at this price, rationally, it's considered expensive to me due to it's debt obligations.. hmm..

AnthonyTan ( Date: 11-Dec-2009 10:16) Posted:

Most of the news are discounted orli, hahaha

Cheers and good luck.

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AnthonyTan
Elite

11-Dec-2009 10:16

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Most of the news are discounted orli, hahaha

Cheers and good luck.

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Laulan
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11-Dec-2009 10:15

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I think the broker firms are stalling the price movements so that they can earn brokerages all round without losing in price fluctuations. If we trade less, they might have to wash trade beating the system laid by law.

kakigenting ( Date: 11-Dec-2009 10:10) Posted:

The share stays at the price for so long but the daily transactions still so high. The more impatient the retailer investors are, the more shares the BBs accumulate. If the price keeps flat, the BBs who keep SO MUCH shares must be aiming for BIG BIG return... but when???

Next Saturdays onwards have charity shows at Genting Sentosa and according to a research, the casino may open on 10-01-10, if this is true, that's not too far to go! Hey guys, since to wait for so long, don't lose the train at last minute!!

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kakigenting
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11-Dec-2009 10:10

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erictkw
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11-Dec-2009 09:56

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Not only lays golden eggs but also pees golden urine. Smiley

mal3810 ( Date: 11-Dec-2009 09:45) Posted:

Reminds me of the story of the goose that lays golden eggs. Don't kill the goose. Smiley

Laulan ( Date: 11-Dec-2009 09:39) Posted:

I don't want $3.00, I want $1.50 now. Cheers

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Laulan
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11-Dec-2009 09:53

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The monekeys who wants all the bananas at once, instead of 2 bananas a day.

mal3810 ( Date: 11-Dec-2009 09:45) Posted:

Reminds me of the story of the goose that lays golden eggs. Don't kill the goose. Smiley

Laulan ( Date: 11-Dec-2009 09:39) Posted:

I don't want $3.00, I want $1.50 now. Cheers

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mal3810
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11-Dec-2009 09:45

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Reminds me of the story of the goose that lays golden eggs. Don't kill the goose. Smiley

Laulan ( Date: 11-Dec-2009 09:39) Posted:

I don't want $3.00, I want $1.50 now. Cheers.

mal3810 ( Date: 11-Dec-2009 09:37) Posted:

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Laulan
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11-Dec-2009 09:39

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I don't want $3.00, I want $1.50 now. Cheers.

mal3810 ( Date: 11-Dec-2009 09:37) Posted:

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mal3810
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11-Dec-2009 09:37

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iPunter
Supreme

11-Dec-2009 09:17

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This one is stuck at this level...

Needs some press write-ups (eg. buy recomendation) to put some life into it...

hehehe... Smiley

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dealer0168
Elite

10-Dec-2009 23:15

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Ooo that may happen only when Genting SP open next year...

Cheers.

dealer0168 ( Date: 10-Dec-2009 23:13) Posted:

Hehehe Dubai lord may come to Genting SP to recoup some of their recent lost....maybe

iPunter ( Date: 08-Dec-2009 16:25) Posted:

If the Dubai lords are coming for a game or two after buying all their horses, it may Chiong Aaaaarrrrhhhh!!!"... Smiley

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dealer0168
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10-Dec-2009 23:13

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Hehehe Dubai lord may come to Genting SP to recoup some of their recent lost....maybe

iPunter ( Date: 08-Dec-2009 16:25) Posted:

If the Dubai lords are coming for a game or two after buying all their horses, it may Chiong Aaaaarrrrhhhh!!!"... Smiley

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BB-trader
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10-Dec-2009 22:11

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who can remember Hyflux traded at S$0.3, what's its P/E now? Genting can follow her

risktaker ( Date: 09-Dec-2009 21:45) Posted:

Arrow have tons :)

Waiting for 1 critical Factor now :P

"East Wind"

East Wind = The announcement of Genting Soft opening, Grand Opening and its award of Gambling license. This would rack up easily to ($1.60 - 2.00) Range by Feb 2010.

1) We have to see it for real if Genting is as good as whats on the proposal.
2) The marketing strategy will comes in play. Can they truly achieved the numbers "visitors" listed on the report?
3) If Genting can prove and show that he can repay its debt fully within 6 years . Genting will be the #1 Blue chip in singapore will hit $5.00-8.00 range but hard to cross $10 due to its huge market cap.

My suggestion for true investors it worth a gamble - Buy and save it for your children :) Remember when SGX is trading @ $1 range :)

freshmind ( Date: 09-Dec-2009 20:27) Posted:

Genting sp awards incentive shares to the major directors and employees today under the performance share scheme, will that mean it has completed the pre-opening tasks and ready for the opening? Seems like the shares given today are for the rewards and profits tomorrow after the share rally... ??

Many shares sold at 1.08 this 2 days, accumulate enough arrows already??

East wind... Smiley

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