Latest Forum Topics / Genting Sing Last:0.77 +0.005 | Post Reply |
Genting SP Next Move
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tkc_drew
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08-Dec-2012 00:36
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Honestly... i have no idea. :( hmmmm i think STI has gone to " OVERDRIVE" ... i a bit scare to vest into it now... Wait and see? Have you vested? 
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New123
Elite |
07-Dec-2012 23:20
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May be next wks will go up..
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tkc_drew
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07-Dec-2012 21:42
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Why am i so surprise??? > .< hahaha!
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Juz_Invest
Member |
07-Dec-2012 18:32
Yells: "Price Up = Dont Be Happy! Price Down = Dont Be Sad." |
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Genting Singapore may expand in Japan on legislation outlook Tags: Caesars Entertainment Corp. | Genting Singapore Plc | Las Vegas Sands Corp. WRITTEN BY BLOOMBERG FRIDAY, 07 DECEMBER 2012 Genting Singapore Plc, Southeast Asia’s biggest casino operator, said it may expand in Japan as it expects the country to pass its gaming law in the next 12 to 18 months. The company, which owns one of Singapore’s two casino resorts, is monitoring Japan’s legislative process and said the market offers “good potential.” It said it explores every acquisition opportunity and Japan will probably be the company’s next investment. “I’m more optimistic on something happening in Japan,” Chairman Lim Kok Thay said at a press conference in Singapore. “It’s all about the legislation. The group wouldn’t do anything until there’s clarity on gaming regulation.” Gaming operators from billionaire Sheldon Adelson’s Las Vegas Sands Corp. to Caesars Entertainment Corp. have said they are interested in building casino resorts in Japan, and the country’s casinos could emerge as a 3.4 trillion yen ($50.1 billion) industry, according to a 2009 study by Ryosaku Sawa, an economics professor at Osaka University of Commerce. The expansion would also help diversify Genting’s earnings as its main casino operation at Resorts World in Singapore posted a 20% drop in gaming revenue in the third quarter. Las Vegas Sands, which operates the city state’s other casino resort, said its gaming revenue in Singapore slumped 28%. Shares of Genting have fallen 17% in Singapore trading this year, compared with the 17% gain in the benchmark Straits Times Index. The stock rose 0.8% to $1.25 as of 2:12 p.m. today. Genting, which is holding its so-called grand opening for its casino resort in the southern island of Sentosa, said the property is running at close to full capacity. Lim said he’s confident Resorts World, which includes a Universal Studios theme park, will attract 17 million visitors next year. That compares with a projected 16 million visitors this year. Genting Singapore may expand in Japan on legislation outlook |
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wanglausern
Senior |
07-Dec-2012 02:04
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Go and take a look at the B2 car-parks reserved only for Crockfords & Maxim high rollers and VIPs then you know what I'm tokking about. Suggest you go at peak hours (7 pm onwards) from Wed to Sun. Remember one high roller = 1000 small punters from the mass market.
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tkc_drew
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06-Dec-2012 22:49
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Whoa! Warren buffet's discipline. Be greedy when others are fearful and be fearful when others are greedy! ^.^ Nice!!! :)  But i cannot buy anything. Because i need to clear my CFD for olam soon and thinking of vesting into noble group! ^.^  Thanks for the advice :) 
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New123
Elite |
06-Dec-2012 22:38
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Buy when ppl are saying their business no good + negative . This may be the good time to accumulate . It seems to hv hold up well at $1.20 level .
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raykee
Senior |
06-Dec-2012 16:35
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This is so damn true
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tkc_drew
Member |
06-Dec-2012 16:22
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No worries! :) As long as there is a CASINO there. ^.^ Things wouldn't be that bad. Chinese + Casino = Things will go well " eventually" .... ^.^ 
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tkc_drew
Member |
06-Dec-2012 16:18
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HAHAHA!!! i wish i know too... i am no " fortune teller" but when i buy... i will TELL everyone :)  Looking at Noble now! ^.^ It is a good share that is just in the wrong neighbour! ^.^
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oldflyingfox
Master |
06-Dec-2012 16:14
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I  visited their Marine Life Park during weekday recently and still got alot of people. Business as usual to me.
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Hulumas
Supreme |
06-Dec-2012 12:08
Yells: "INVEST but not TRADE please!" |
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Anticipated to start buying < Sgd. 0.86.
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wanglausern
Senior |
06-Dec-2012 04:31
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Before you buy pls go to Sentosa and see for yourselves the current state of biz. Si-peh jia-lak! |
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bbshares
Member |
06-Dec-2012 01:06
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I agree though... Possible to drop to 30 cents at 2009 level ? Lol
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tkc_drew
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05-Dec-2012 20:53
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Genting still don't look appealing to me. (Revenue & etc...) Plus i think STI (needs a " cool down" soon).... I suppose... How about wait a little longer? (e.g. When Q4 report another loss... then go in?) - Just my 2 cents worth.
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bbshares
Member |
05-Dec-2012 20:31
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1.235 .. Cheap to go in? Or theres a reason for being cheap... Hence cheaper will get cheaper? | ||||
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New123
Elite |
05-Dec-2012 17:04
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ic. may b going up during year end and CNY period..
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raykee
Senior |
05-Dec-2012 16:58
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1.235 got over a million in the Q... but then i think today will close the same... still flat... last week, the 1.27 was so good lor... but it did not last.... good thing to note is the amount of sell stablised  already | ||||
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raykee
Senior |
05-Dec-2012 16:55
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ya holding... tat time wanted to let go aft sands release results.... but then i tink i q-ed at 0.005 more then the high of the day... deal din went thru... then lao sai till today lor | ||||
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bishan22
Elite |
05-Dec-2012 16:44
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It failed to hit 50 MA on 30/11. Trade with care. 
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