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Genting SP Next Move

Noob79
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17-Aug-2010 16:25

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Yes u should...time is running out tml will continue to fall.... defintely will close at $1.55-$1.6 range, not a good sign... after few days of rally is going to fall... like INFORMATICS.... Good luck

Option ( Date: 17-Aug-2010 16:21) Posted:

SELL SELL SELL

Speeder ( Date: 17-Aug-2010 15:03) Posted:

So should i sell by today?

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Speeder
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17-Aug-2010 16:23

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The last one get BOMB? Smiley

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Option
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17-Aug-2010 16:21

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SELL SELL SELL

Speeder ( Date: 17-Aug-2010 15:03) Posted:

So should i sell by today?

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Noob79
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17-Aug-2010 16:11

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Better Sell now. I think is time for short-selling.... If closed between $1.56-$1.6 today, an inverted hammer will be formed... indicating the stock has reached its peak at $1.68. Time to cool down...

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Option
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17-Aug-2010 16:08

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SELL SELL SELL

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Noob79
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17-Aug-2010 16:04

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Better Sell now.

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bishan22
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17-Aug-2010 16:02

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Weak one - run today liao .

Strong one - control your emotion and hope for 1.80 ( someone posted it can reach this price.)

Good luck. Smiley

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Juz_Invest
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17-Aug-2010 16:02

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Yells: "Price Up = Dont Be Happy! Price Down = Dont Be Sad."

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Singapore stock market remains sluggish as participants wary of taking bigger positions given lingering economic concerns. Overall volume paltry at under 850 million shares vs yesterday's entire 1.85 billion. STI flat at 2934.36, expected to end above 2900, with minimal upside beyond morning high of 2938. "Eyes will be on the U.S. job market that is still recovering at a snail's pace, as well as potential weakness in the euro zone. While Asia remains the favoured region and is expected to avoid a 'double dip', global uncertainties should still see the STI moving in a broad range in coming months," says DBS Vickers. Top 10 most active stocks in market comprise good mix of large, small caps, including Genting Singapore (G13.SG), +3.8% at S$1.64, Informatics (I03.SG), off 3.1% at S$0.155, Genting Hong Kong (S21.SG), +1.8% at US$0.29, Armstrong Industrial (A14.SG), +7.1% at S$0.455, Noble Group (N21.SG), +1.3% at S$1.62.

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Speeder
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17-Aug-2010 15:50

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Are you from army? i decide will run first.

wishbone ( Date: 17-Aug-2010 15:48) Posted:

Wa lau, Red curtain coming down liao. Take cover!!!!!!!

Smiley

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wishbone
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17-Aug-2010 15:48

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Wa lau, Red curtain coming down liao. Take cover!!!!!!!

Smiley

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Speeder
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17-Aug-2010 15:45

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From 1.640 to 1.580 in 30 mins? any comment to sell?

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Speeder
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17-Aug-2010 15:03

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So should i sell by today?

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UpSized
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17-Aug-2010 03:47

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Another word, switch counter...

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AK_Francis
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17-Aug-2010 00:01

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Yells: "Happy go lucky, cheers."

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Ha ha, old uncle like me, Chinese edu, can't decrypt your England. Can use much simple and explicit words, ie Sell, Buy, Hold or stay sideline. Lagi best, substantiate with short statement for the reasons given. Cheers.

UpSized ( Date: 16-Aug-2010 16:46) Posted:

Roller coaster started swings hold tight... good luck

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UpSized
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16-Aug-2010 16:46

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Roller coaster started swings hold tight... good luck

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UpSized
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16-Aug-2010 16:40

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lol

Option ( Date: 15-Aug-2010 17:58) Posted:

????????????????????????????????????????????????????????????????????????????

niuyear
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13-Aug-2010 17:17 User is Offline

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wow!! best weeks to sell is next week.

am holding 1.27 HUAT AHHHHHHHHHHHH cheong to 1.50!!

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Juz_Invest
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16-Aug-2010 15:43

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Yells: "Price Up = Dont Be Happy! Price Down = Dont Be Sad."

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Aug 16, 2010

Genting S'pore shares up 6.2%

SINGAPORE - SHARES of casino operator Genting Singapore GENS.SI rose as much as 6.2 per cent in early trade on Monday on the firm's strong quarterly earnings and investor bullishness about the tourism sector.

Nearly 109 million shares had changed hands and the stock was trading at S$1.55 by 0220 GMT (10.20am, S'pore time).

'It follows through from the result. The Singapore casino market may be larger than expected, and it might actually catch up with Las Vegas in a few years,' said a trader at a local brokerage.

However, there are concerns that Genting shares may have become too expensive.

'The shares seem overbought at this level and I will be a seller above S$1.55,' another trader said. 'It may be time to get out and wait for any opportunity when the share price comes back down.' The firm reported a net profit of S$396.5 million for the April-June period on Thursday, reversing a loss of S$50.7 million a year ago. Its Singapore casino, Resorts World at Sentosa, recorded revenue of S$860.8 million and earnings before interest, tax, depreciation and amortisation (EBITDA) of S$503.5 million for the second quarter.

Visitor arrivals in Singapore have hit successive monthly record highs since the start of the year, breaching the 1 million a month mark for the first time in history in July. Shares of Genting have risen 19 per cent since the start of the year. -- REUTERS

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UpSized
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15-Aug-2010 19:01

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Maybe sales building up by Mar and Jun school holiday and it new fresh out look...

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pharoah88
Supreme

15-Aug-2010 18:59

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HEARD:

BUY QUEUES already lined up for Genting Singapore.

To benefit from Genting UK's BLACK HOLE RESET, CHERRY PiCK Genting Malaysia on DiP when UK economy's recovery is STABLE.

Option ( Date: 15-Aug-2010 18:40) Posted:

GOOD ANALYSTS VIEW !!! HOW TO JUMP OVER THAT HOLE BY THIS COMING WEEK ???

02-Jul-2010 10:16

Genting SP / GenSp starts to move up again

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UK Divestment is "shOrt-Term PRO"

but "lOng-Term CON" ACTiON

fOr GENTiNG SiNGAPORE sharehOlders

BLACK HOLE in GENTiNG UK already RESET

WiTH CASH frOm GENTiNG SiNGAPORE.

Actually GENTiNG UK is ready fOr recOvery when

UK ecOnOmy recOvers.

GENTiNG WORLD already registered GENTiNG UK entity

AWAiTiNG the RiGHT TiMiNG fOr this TRANSFER.

GENTiNG UK WiLL be iMMEDiATELY PROFiTABLE

when UK ecOnOmy recOvers.

By THEN, GENTiNG SiNGAPORE sharehOlders WiLL

have nO share Of GENTiNG UK prOfits.

FOr the iMMEDiATE TERM, GENTiNG SiNGAPORE sharehOlders are HAPPY tO get RiD Of GENTiNG UK even thOugh SACRiFiCiNG their fUtUre share Of GENTiNG UK's recOvery prOfits.

As lOng as bOth GENTiNG SiNGAPORE sharehOlders and GENTiNG WORLD sharehOlders are bOth HAPPY HAPPY , it is a WiN WiN sOluTiOn fOr bOth.

This is TRUE STREET-SMART METRiTOCRACY

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pharoah88
Supreme

15-Aug-2010 18:54

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This is part of Genting Worlds Globalisation Paradigm.

Genting Singapore has nO share in Genting N Y.

Genting Singapore will FOCUS On RWS.

Option ( Date: 15-Aug-2010 18:14) Posted:

Company operation it look funny...

Juz_Invest ( Date: 12-Aug-2010 14:03) Posted:

Genting wins NY casino bid

Genting is reportedly offering the state an upfront fee of US$380 million (S$518.6 million), more than the US$300 million minimum required in the request for proposals.

GENTING NY, a subsidiary of Asian gaming giant Genting Malaysia, has clinched a 30-year franchise for the Aqueduct racetrack in Ozone Park, New York.

The bid, awarded by the New York Lottery Division on Aug 3, comes after a nine-year wait which has seen many bidders losing out.

But the Genting deal is not fully in the bag yet as New York governor David Paterson and legislative leaders senate conference leader John Sampson and assembly speaker Sheldon Silver must still approve the Lottery's choice.

The New York Leader/Observer newspaper quoted the governor as having said publicly that he will go along with the Lottery's decision.

There are also several steps remaining before construction can actually begin.

'After the governor and legislative leaders sign the MOU (memorandum of understanding), the contract goes to the attorney general's office for approval,' Lottery spokesperson Jennifer Givner said. 'Then it goes to the comptroller for approval and filing in his office. Under state Finance Law, a contract isn't binding on the state unless the comptroller approves and files it.'

This process could take up to several weeks.

Genting is reportedly offering the state an upfront fee of US$380 million (S$518.6 million), more than the US$300 million minimum required in the request for proposals, said the NY Leader/Observer report.

Genting NY was the last bidder after the Lottery disqualified then two others in the running, SL Green/Hard Rock/Clairvest and Penn National, saying that they 'did not conform with the requirements of the competition'.

.........

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