Latest Forum Topics / Genting Sing Last:0.76 -0.01 | Post Reply |
GenSp starts to move up again
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newtothis
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12-Jun-2009 08:32
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I wonder if you have done your researched on genting if have questions about the numbers i post :)
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Fishcake
Member |
12-Jun-2009 08:25
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I disagree with your view : 1) if bank refused cos' the share price is <$1, it wasn't difficult for the Lim family to push it to $1m when it was above $0.9 2) Sgp authority approve Genting to build the casino, it will be a joke of the century if they don't allow Genting to operate a casino. 3) what is your proof on BB selldown and public disposal?? If there is a seller, there must be a buyer. So, who bought from BB? Another BB lah There are many people posting bullish or bearish view, just like the analyst. But at least analyst use numbers to justify their view. So, be responsible when posting your own "gut" feeling |
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newtothis
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12-Jun-2009 08:17
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Shall see Genting @ 0.65 - 0.66. I heard Genting actually tried to acquire bank loans to invest MGM macau where part of it will be use as operating funds for singapore genting. Banks refused its application as 1 of the condition is Genting Share prices has to be $1.00 Therefore it throw 9% out in the open market. We shall see Genting share prices continue to fall due to a couple of reasons. 1) License complication due to the new share holders. SG gov will start investigating and background check of the new share holders. 2) Huge operating loss for this coming quarter. 3) During the public disposal of 850,000 lots. Most of the BB have switch mode to selling down Genting. 4) Public have lost confident about genting - Most people i know are asking the same questions in thier mind will they do another similar trick when prices when up $0.80-$0.90 Mentally like that will not make the share prices up. People i know are more willing to short rather than long. Prices will be 0.62-0.65 range for a while. This is just what i found out base on my research. Cheers. |
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buysell
Member |
12-Jun-2009 00:14
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STI will test 2400 on monday which may spell the end of sell down. let's watch it live on 15 june at 9.00am, don't blink your eyes. |
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dealer0168
Elite |
11-Jun-2009 23:40
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And Genting has announced that they invested in Macau Casino. That will be a plus pt. Although initial u will see its stock price drop, but normally we will see it jump upwards latter. So becareful shorters. |
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buysell
Member |
11-Jun-2009 15:51
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those shorted remember & try to get out fast. If tonite DJ up green, if you observe the movement for the past few days... monday will be D day. | ||
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newtothis
Veteran |
11-Jun-2009 15:43
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Genting will reach 0.62-0.65 range. Safe to short more. Just shorted another few hundred |
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cathylmg
Elite |
11-Jun-2009 15:23
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This one from 90+cent down to 68cent now people still 'ghar ghar' short. When its time to cover short....can't imagin. | ||
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Laulan
Master |
11-Jun-2009 15:02
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Will short 2. | ||
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cathylmg
Elite |
11-Jun-2009 14:31
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This is the one dragging down the sti again. Those who short are waiting to cover. | ||
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tchoonw
Veteran |
11-Jun-2009 13:43
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joining u too! :)
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newtothis
Veteran |
11-Jun-2009 12:46
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You will expect a huge loss on this Q2 report for Genting SP. Good luck. Will Short more in the afternoon | ||
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niuyear
Supreme |
11-Jun-2009 12:40
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wow! people always want to short this counter. They deserve it or what? LOL. It boils down to people's confidence and the air (blow which direction) of that trading day.
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AK_Francis
Supreme |
11-Jun-2009 12:36
Yells: "Happy go lucky, cheers." |
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Wah! power, tks for d support, best of luck loh. Some sifus said, it will diarrhoea ds afternoon. Lets x d fingers liao. Cheers.
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newtothis
Veteran |
11-Jun-2009 12:24
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shorted 1000+ lots at 0.69 today |
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iPunter
Supreme |
11-Jun-2009 12:04
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Right now at noon , the high is still @0.695 with selling pressure still existing...
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iPunter
Supreme |
11-Jun-2009 11:06
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That's why the words 'may' and 'can' are used, and not 'will' ...
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elisa28
Member |
11-Jun-2009 11:02
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Are you GOD? no body can predict the movement of the price. Anything can happen. Market have gone crazy going up and down.
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iPunter
Supreme |
11-Jun-2009 10:01
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I've already shorted @0.71 a few days back when it pulled back to hit the support... |
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tchoonw
Veteran |
11-Jun-2009 09:52
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so u dare to short now?
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