Latest Forum Topics / Genting Sing Last:0.77 -- | Post Reply |
GenSp starts to move up again
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DesertEyes
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24-Mar-2011 14:31
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UBS upgrades Genting Singapore (G13.SG) to Buy from Neutral, noting the counter has underperformed the weighted performance of the 5 listed Macau operators by around 25% and the STI by around 7.0% YTD.
“We think Genting Singapore is turning into a bona-fide China (wealth creation) play, with strong growth in VIP from North Asia (especially China) expected to continue into 2011-2012E.” It tips VIP volumes of US$18 billion ($22.8 billion)-US$20 billion per quarter at RWS in 2011 (putting RWS in the same league as the top-performing Macau properties). It expects HK/China to account for as much as 50% of RWS' total gross gaming revenue by 2012, when its VIP-targeted expansion will be rolled out.   
Overall, the house says China VIP growth, capacity expansion in 2012, a net cash position and potential for new projects together make Genting an attractive stock at this valuation. It lowers its target to $2.30 from $2.39, based on 15X 2011E EV/EBITDA (vs 16X previously). 
 
Shares rise 3.1% to $1.99.
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DesertEyes
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24-Mar-2011 14:28
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Genting Singapore
04:46 AM Mar 24, 2011
UBS upgrades Genting Singapore to Buy from Neutral, noting the counter has under-performed the weighted performance of the five listed Macau operators by around 25 per cent and the STI by around 7.0 per cent year-to-date. UBS says: " We think Genting Singapore is turning into a bona-fide China (wealth creation) play, with strong growth in VIP from North Asia (especially China) expected to continue into 2011-2012E."   Stand a very good chance .... HOLD > > > |
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SGG_SGG
Master |
24-Mar-2011 12:11
Yells: "karma karma karma chameleon" |
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I think I see two(2) heads again!   | ||||
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SGG_SGG
Master |
23-Mar-2011 16:47
Yells: "karma karma karma chameleon" |
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Hahahhaahha.... SOOOOOOOOOOOOO funny! I don't have TWO heads!
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niuyear
Supreme |
23-Mar-2011 16:34
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If  today never touched 2 heads,  you have  your own 2 heads to touch mah.......hahaha!
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Incinerate13
Senior |
23-Mar-2011 16:31
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Pls hold to 2.01 if not die liao, chiong ah. | ||||
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SGG_SGG
Master |
23-Mar-2011 16:31
Yells: "karma karma karma chameleon" |
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No, busy whacking STI kacheng! | ||||
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DesertEyes
Member |
23-Mar-2011 16:27
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I thought you guys was sleeping .... | ||||
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SGG_SGG
Master |
23-Mar-2011 16:20
Yells: "karma karma karma chameleon" |
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Hahahhaa... horrible lah you!   | ||||
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rotijai
Supreme |
23-Mar-2011 16:19
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it looks very attractive to short now.. lol
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Isolator
Supreme |
23-Mar-2011 16:19
Yells: "STI is hard landing to below 2000..." |
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Yes... it also mean going down too.... Enjoy... | ||||
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SGG_SGG
Master |
23-Mar-2011 16:17
Yells: "karma karma karma chameleon" |
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Is that a two I see?!?!?!? hahahaha... Hold! | ||||
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SGG_SGG
Master |
23-Mar-2011 15:41
Yells: "karma karma karma chameleon" |
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Still sitting on one head (1.98) dunno can touch two heads (2.00) to move up from there... STI looks like struggling to stay above 3020. | ||||
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DesertEyes
Member |
23-Mar-2011 14:53
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People this round for real get your helmet and sitbelt ready and this time for real .......    CHONG AH .......... and no turning back .... chart people post some chart now..... | ||||
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marubozu1688
Veteran |
18-Mar-2011 22:34
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Genting SP is on the down trend channel. http://mystocksinvesting.com/singapore-stocks/genting-singapore/genting-singapore-trading-in-a-down-trend-channel/   |
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DesertEyes
Member |
18-Mar-2011 12:20
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Well life goes  on ... you have to walk out from sadness and face the challange and lought ... again ... |
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YSL888
Senior |
17-Mar-2011 20:46
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Big buyback by Genting's related on 16 mar 2011 @ $1.9, is it supporting well? Hope so
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DesertEyes
Member |
17-Mar-2011 12:33
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1.87 come to me .... hmmmmmmmm    they are fixing the power cable to the generator for the cooling system of the nuclear reactor by afternoon.... chong ah .... | ||||
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epliew
Supreme |
16-Mar-2011 12:02
Yells: "no worries be happy !" |
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My friends, the latest news from cnn the number 3 reactor is on fire.
Ps wait if u are really see profit.
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oldflyingfox
Master |
15-Mar-2011 23:47
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look like it is going to test the 1.82 support line. | ||||
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