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Latest Forum Topics / Genting Sing    Last:0.765 --  Post Reply
GenSp starts to move up again
JJSeng
Senior
20-Oct-2009 20:49     
 
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 Alert Admin 		Hi! did anyone receive the right coverted to mother share? My not yet when i check my CDP account.   
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dangdong
Member
20-Oct-2009 20:33     
 
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It is not that simple.................

"The valid acceptances received include the acceptances by Genting Overseas Holdings Limited of its pro rata entitlement of a total of 1,049,310,377 Rights Shares, representing approximately 54.32% of the total number of Rights Shares available under the Rights Issue." You include all the BB lei? If a lot of them are holding, then likely price will go up or maintain. If Genting Overseas Holding Limited start selling, then everyone will go into panick selling! I am pretty sure they wouldn't want to do that at least for now, when the share itself has received numerous surprises already...

 

No doubt some people will sell it since it is an instant profit. Besides, always got good announcement. You can check it out on Facebook. They have their own account which they make announcements themselves even before newspapers or television news announce. Lol. They have plenty of good news to announce, just waiting for right time to announce. Don't say until like that lei. If not become a typical stock that follows the trendline; i.e. the stock prices follows the standard logic of human behavior/psychology - Later encourage a lot of people into panic selling, which makes a "prediction" come true.


 
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Eddyson
Senior
20-Oct-2009 20:08     
 
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There are more than 1.9 billion new shares coming into the market at a cost of 80 cts each, so what do you think the new share's holder will do?

At today's price of  $1.12, one share will profit 32 cts, one lot $320, ten lots $3,200 & if got 100 lots ....yummy, profit of $32,000.

Unless got good annoucement, or everybody don't sell including BB, than the price can go up, but the upside...historically is highest $1.21, more then that is a risk, so who want to take the risk?
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Hulumas
Supreme
20-Oct-2009 18:10     
 
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Yells: "INVEST but not TRADE please!"
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 Alert Admin 		Just hold till >Sgd.8.00 then let go!!!

loyfam88      ( Date: 20-Oct-2009 15:51) Posted:



Masters,

Pls advise. Was thinking if I should sell some shares today first or just continue to hold.
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iPunter
Supreme
20-Oct-2009 16:16     
 
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You must consult the "gu-shen" ... 

Who is the most powerful god in the nether world of stocks... Smiley



loyfam88      ( Date: 20-Oct-2009 15:51) Posted:



Masters,

Pls advise. Was thinking if I should sell some shares today first or just continue to hold.
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loyfam88
Senior
20-Oct-2009 15:51     
 
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Masters,

Pls advise. Was thinking if I should sell some shares today first or just continue to hold.
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LongSM
Member
20-Oct-2009 14:59     
 
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Hi, Seniors, 

if i am wrong ,tmr we may begin trading our right shares. What would be the price look like? will there be any dilution happen?

Thanks..

  
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daniel2356
Member
20-Oct-2009 08:12     
 
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Yells: "Easy Going"
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 Alert Admin 		See and check your CDP account tonight and you will be glad.Cheers

Huhushares      ( Date: 20-Oct-2009 02:25) Posted:



Anyone right issue converted to ordinary shares.............have been credit to their CDP account?             

 Why I still cannot seen in My CDP account
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Huhushares
Member
20-Oct-2009 02:25     
 
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Anyone right issue converted to ordinary shares.............have been credit to their CDP account?             

 Why I still cannot seen in My CDP account
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AK_Francis
Supreme
19-Oct-2009 12:17     
 
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In tat case, big wok liao. Another GAR R issue case, giving few odd excess lots to console d share holders loh.

Dun do anything liao, status quo. Cheers.



belgeran      ( Date: 19-Oct-2009 12:10) Posted:

Further to its announcement dated 13 October 2009 in relation to the indicative results of the Rights Issue, the Board of Directors of the Company is pleased to announce that, as at the close of the Rights Issue on 12 October 2009, valid acceptances and excess applications were received for a total of 2,609,433,454 Rights Shares, representing approximately 135.1% of the total number of 1,931,564,264 Rights Shares available under the Rights Issue (based on the issued share capital of the Company as at the Books Closure Date). The valid acceptances received include the acceptances by Genting Overseas Holdings Limited of its pro rata entitlement of a total of 1,049,310,377 Rights Shares, representing approximately 54.32% of the total number of Rights Shares available under the Rights Issue.

Details of the valid acceptances and excess applications received are as follows:

   Number of Rights Shares  As a percentage of the total number of Rights Shares
 Valid Acceptances  1,908,360,063  98.8%
 Excess Applications  701,073,391  36.3%
 Total  2,609,433,454  135.1%


EXCESS APPLICATIONS

A total of 23,204,201 Rights Shares which were not validly accepted will be allotted to satisfy excess applications. In such allotment, preference will be given to the rounding of odd lots, and the Directors and Substantial Shareholders will rank last in priority.
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belgeran
Veteran
19-Oct-2009 12:10     
 
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Further to its announcement dated 13 October 2009 in relation to the indicative results of the Rights Issue, the Board of Directors of the Company is pleased to announce that, as at the close of the Rights Issue on 12 October 2009, valid acceptances and excess applications were received for a total of 2,609,433,454 Rights Shares, representing approximately 135.1% of the total number of 1,931,564,264 Rights Shares available under the Rights Issue (based on the issued share capital of the Company as at the Books Closure Date). The valid acceptances received include the acceptances by Genting Overseas Holdings Limited of its pro rata entitlement of a total of 1,049,310,377 Rights Shares, representing approximately 54.32% of the total number of Rights Shares available under the Rights Issue.

Details of the valid acceptances and excess applications received are as follows:

   Number of Rights Shares  As a percentage of the total number of Rights Shares
 Valid Acceptances  1,908,360,063  98.8%
 Excess Applications  701,073,391  36.3%
 Total  2,609,433,454  135.1%


EXCESS APPLICATIONS

A total of 23,204,201 Rights Shares which were not validly accepted will be allotted to satisfy excess applications. In such allotment, preference will be given to the rounding of odd lots, and the Directors and Substantial Shareholders will rank last in priority.

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Hulumas
Supreme
19-Oct-2009 10:58     
 
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Yells: "INVEST but not TRADE please!"
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 Alert Admin 		I subscribe 200% of my rights. Hopefully all fully subscribed to me! Ha. ha.. ha... Go to Singapore future pillar service sector industry, you won't be wrong!!!

AK_Francis      ( Date: 18-Oct-2009 23:41) Posted:



Ha ha, wat my broker told me last Sat, that many wrong subcribe of R, intead of 10000 R, they keyed in 10. If they dun correct it, your excess shares would be fully issued loh, could be blessing for disguise.

However, if u confident, then subscribe more than 100% loh. Cheers.

 
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iPunter
Supreme
19-Oct-2009 09:41     
 
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Hahaha...

Sometimes, anyhow tikam (bet) can also make a lot of money...

Especially when " ChaiShenYie " is controlling your actions... hehehe... Smiley
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AK_Francis
Supreme
18-Oct-2009 23:41     
 
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Ha ha, wat my broker told me last Sat, that many wrong subcribe of R, intead of 10000 R, they keyed in 10. If they dun correct it, your excess shares would be fully issued loh, could be blessing for disguise.

However, if u confident, then subscribe more than 100% loh. Cheers.

 
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Sporeguy
Elite
18-Oct-2009 22:33     
 
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 Alert Admin 		Will Genting going the way of GoldenAgri, too many shares lying around ?
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Flyordie
Veteran
18-Oct-2009 21:33     
 
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 Alert Admin 		I subscribed 10 lots of Genting Rights. But  I checked my CDP account and found there isn't credited to CDP account yet le... Pls advice....
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erictkw
Veteran
16-Oct-2009 23:41     
 
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Seems like genting is losing steam. Might lose more when the rights shares starts trading next week. Smiley

Anyway, will pick up a little more if it does. Smiley
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AK_Francis
Supreme
16-Oct-2009 23:31     
 
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Yells: "Happy go lucky, cheers."
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 Alert Admin 		Ha ha, basically, they r not real drinkers. They wasted d drinks. Should seep gradually loh. He he, my daughter mother use to take d balance liquor in d showcase.

risktaker      ( Date: 16-Oct-2009 13:44) Posted:

recently few of my friends drunk 3 blue label and 1 xo within 1 hour lol .... vomitted like crazy... totally smashed
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risktaker
Supreme
16-Oct-2009 13:44     
 
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Yells: "Sometimes you think you know, but in fact you dont"
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 Alert Admin 		recently few of my friends drunk 3 blue label and 1 xo within 1 hour lol .... vomitted like crazy... totally smashed
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iPunter
Supreme
16-Oct-2009 11:30     
 
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 Alert Admin 		Hard liquor is for hard investment...like art, etc...  hehehe...  Smiley

AK_Francis      ( Date: 16-Oct-2009 10:47) Posted:

THE government is expected to announce the licensing regime for casino junket operators in November, says Morgan Stanley Research (Asia-Pacific), and it believes this should remove uncertainty over the issue.

PS. Ip, AK dun like hard liquor, but hobby to keep some in d show case, ie Louis XIII, Blue Label, XO of Martin, Hennessy, wines, champagne, Gin, Volka etc. Ha ha, son also added in some unknown collection.



iPunter      ( Date: 15-Oct-2009 17:42) Posted:



Hahaha...right...

Uncle AK already has so much meaty profit in the reserves, he can stock up not only Carlesberg,

but also many years' supply of XO too... hehehe... Smiley

 

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