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Genting Sing
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GenSp starts to move up again
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risktaker
Supreme |
08-Dec-2009 08:00
Yells: "Sometimes you think you know, but in fact you dont" |
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Dubai has problems to settle himself. So it wont happen. BB are still waiting for the East Wind to arrive, until then they will accumulate as much as they can.
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iPunter
Supreme |
08-Dec-2009 07:28
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If the Dubai lords are coming for a game or two after buying all their horses, it may Chiong Aaaaarrrrhhhh!!!"...  |
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mal3810
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08-Dec-2009 07:12
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... and Genting International also in STI More reading - New additions included after 5 February 2007 include Thai Beverage, Suntec REIT, Olam, Genting International... - http://en.wikipedia.org/wiki/Straits_Times_Index
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iPunter
Supreme |
07-Dec-2009 22:46
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Opening and seasonal festivities aside, if there's no Dubai-type bombshell news, to spook the recovery, all should be okay... Then it will be good for shorters, who can have more meaty chances to short... |
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risktaker
Supreme |
07-Dec-2009 21:15
Yells: "Sometimes you think you know, but in fact you dont" |
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may i know where you source this news ? Thanx
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linda.lk
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07-Dec-2009 20:04
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dragonboy
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07-Dec-2009 19:55
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latest info ... 19 dec gentings hosting a president charity show in the main hall,.......24 dec is a soft opening to the marketing n travel agents across the world............. 10 jan getting the gaming licsence officially from the sg government., predicted on 18 jan is the offficial grand opening.......due to the raining seasons .may be there's delay ...latest 1st week of feb.............., to all vested in this counter .....huat huat huat till CNY., big ang pow coming ..........................................................................must waits
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iPunter
Supreme |
07-Dec-2009 17:12
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The millions are in the breakout.... |
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Calculation
Senior |
07-Dec-2009 17:09
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Did you smell the $2 million on the way too?
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freshmind
Senior |
07-Dec-2009 16:59
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Sorry, typing error, the 3 listed genting company in malaysia are Genting Berhad, Genting Malaysia and Genting Plantation. |
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iPunter
Supreme |
07-Dec-2009 16:55
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I smell a bit of Nicolo Darvas in this comment!... hehehe...
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freshmind
Senior |
07-Dec-2009 16:47
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I think the traditional technical point of view shall not be applicable to this special pre-opening situation and the factors of movement in speculative stock is different with those traditional stocks. In addition, the upward of genting
sp will benefits to both governments as well. It will show to the world
the confidence in If people still feel pains from right issue matter, some time the cool down of share price is the preparation of next rally, or else how the banker and BBs to push the price higher during pre-opening time when it is too high and involve high cost to do so. The flat price for so long may also show many ownerships of the share have been transferred from those who bought below S$1 to around $1.1, thus, the fundamental of share price become very strong. Anywhere, wish there is a big rally and it will benefit to everyone!
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Calculation
Senior |
07-Dec-2009 16:37
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Hopefully, it can decisively break chartists' rectangular box of $1.05 to $1.15 soon. |
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stevenk
Member |
07-Dec-2009 16:33
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I doubt Genting will go beyond $1.20 in the near future. Both tech and fundamental does not support that. A word of caution. If Genting does not meet the expected Q12010 profit target, it will drop very drastically. |
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risktaker
Supreme |
07-Dec-2009 16:23
Yells: "Sometimes you think you know, but in fact you dont" |
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Waiting for East wind ----- I think you guys know whats that :) I can sense it almost here Have prepared everything ready to cheong :) |
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freshmind
Senior |
07-Dec-2009 15:37
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I believe the share will break the barrier line of S$1.20 before the casino open. The reason is simple, the share is flat around 1.10 for 3 months already, if it can't break the barrier of 1.20 using the great timing during opening time, it will lose the confidence of minor shareholders and it will take harder and longer time for pushing up the share. In fact, the genting malaysia has remained below RM3 too long so as well as genting berhad still not able to climb up above RM8 till to-date. From previous records, it told us the share rally of genting sp will help to push up all the relevant shares of Genting Group. It is huge profit to the banker and BBs compare to our little profit, so that is no reason for them to let the share price get flat and hurt their big profit margin. Of course, it is also a traditional and believe for casino business to get ong ong and huat huat during opening time. How embarrass if the share price of one of the biggest casino group in world get lower during their opening. So I believe the trend of strong upward is highly possible and it is still good to buy. If you want to take the scientific and financial calculations, many target prices set by financial analysts also support it. So let get ready for the rally! |
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abc2xyz
Senior |
07-Dec-2009 10:39
Yells: "A stock sucker always enriches the market makers" |
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Shd b moving 2wards and then stay abv $1.20 for sm time. D ? is how long to hold and d amt of $$ to hold. | ||||
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upnowhere
Senior |
07-Dec-2009 10:34
Yells: "Just want to earn a bit pocket $$$" |
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will it come to a slow.. down.. point like others stock... no strenght liao ??? |
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risktaker
Supreme |
07-Dec-2009 10:24
Yells: "Sometimes you think you know, but in fact you dont" |
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waiting for East Wind :) | ||||
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mal3810
Member |
07-Dec-2009 09:24
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For your reading pleasure. Have the same info at http://forum.channelnewsasia.com/viewtopic.php?t=302278 -------------- There is this tread on "Genting shares may drop after Casino opens... " - http://forum.channelnewsasia.com/viewtopic.php?t=302034&highlight=genting. This prompted me to dig deeper into the matter as I have vested interest in Genting. Looking at the list of gaming stocks - the general trend is UP. Some UP UP and UP like fireworks. And of course there are down periods - ugly downs. Yes the Genting may dip at the start of the opening (for one reason or another). The good news is that on the average, like any other gaming stocks, Genting has the trend to go UP more than the DOWN. In summary, my 2 cents is if one can stomach the ups and downs, the general trend seems to be favouring the UPs. To those who have vested interest in Genting, Hold to Huat big time? Lets LOL together soon and in the long term. http://www.casinogamingstock.net/ - for further reading Side Note: - http://www.genting.com/groupprofile/ Genting Berhad - 7.6 billion Genting Singapore - 9 billion Genign Malaysia Berhad - 4.9 billion Genting Plantation - 1.4 billion Largest portion of amongst the 4 - will this mean that to GENTING Investment and Holding Company the performance of Genting Singapore is of high significance to the group and the value of all the stocks? ---------------------------- Genting Highlands Resort is now one of the world’s leading integrated entertainment resorts, attracting 19.2 million visitors in 2008. Resorts World hopes to attract some 13 million visitors next year, with 30,000 just for Universal Studios daily. [Testing starts on rides at Universal Studios theme park By Asha Popatlal, Channel NewsAsia | Posted: 22 November 2009 2150 hrs ] Comparing Highlands and Sentosa, infrastructure and all, Resort World's 13 million should not be that a very uphill task. Attainable. |
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