Daiwa upgrades Genting Singapore (G13.SG) to Buy from Outperform, lifts target price to $2.93 from $2.06 based on 18x EV/EBITDA vs 15x previously. Says improved operating environment due to duopolistic Singapore gaming market structure, plus lower tax rate, will continue to support company’s operations. Expects softer 3Q10 results vs 2Q10, tips 11% sequential improvement in 4Q10 EBITDA on year-end seasonal effect. Shares last down 5.7% at $2.15.

Leinadgnow ( Date: 12-Nov-2010 15:22) Posted:
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LOL !! Cheap sale cheap sale..like night market. Wakakakakaka !!
Pharoah..why are you so quiet ?!!
CheongCK ( Date: 12-Nov-2010 14:58) Posted:
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Can buy if you got holding power.. and if you feel that you wanna take the plunge and that genting will rise in your contra date settlement T+3 or T+5 days.. CheongCk.. my posts is to tell people who are already losing alot of money not to average down if they cannot afford to pay or lose the money within that T+3 or T+5 days.. cause you dunno what might happen in this 3 or 5 days.. No CLEAR signal up .. u say base on Analyst reports BUY BUY ..... what if goes down even more? you have to wait for CONFIRMATION .. see it going on the uptrend first then buy what.. it's like u telling me to buy.. when i see it getting redder and redder. .. makes no sense right... u lose like maybe 0.02 or 0.03 for the confirmation... and wait for market signal and ride it.. and be appreicative on ur gains.. rahter then u buy buy buy buy on a red and redder market.. and hope you get it right.. and hope the market turns... Hope .. greed .. fear and ignorance .... You are basing alot on hope and luck ...
Good luck to you then.
Genting Singapore: 3Q10 results mostly within expectations Genting Singapore (GS) reported its 3Q10 results last evening. Revenue, which excludes the discontinued UK operations, hit S$744.0m versus S$12.1m in 3Q09. Net profit (including discontinued operations) came in at S$187.8m; core net profit at S$182.1m. For 9M10, revenue hit S$1964.8m, meeting 77.0% of our FY10 estimate, while net profit came in at S$565.6m, or 72.0% of our full-year forecast (both adjusted for discontinued operations). Going forward, GS expects the fourth quarter to perform better than the third, citing its appropriate offering for the family and vacation crowd. Management concurs that junkets could get their licenses in early 2011 and boost the gaming market further. But for now, we are maintaining our FY10 and FY11 estimates. As we are raising our long-term FCF rate from 2% to 2.5%, this also bumps up our DCF-fair value from S$2.38 to S$2.53. Maintain BUY.
Cheap Sale Cheap Sale
All rating agency rated up but market went on Cheap Sale
Today Only Today Only
BUY CALL $2.53 ---- $2.90
Leinadgnow ( Date: 12-Nov-2010 14:43) Posted:
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Hi guys.. i've been spamming both sides... genting sp and bullish tempo threads.. but i feel i should share with out some knowledge.. so i will copy paste both sides.
i just want to keep them inform so they wouldnt continue to average down .. NEVER AVERAGE DOWN .. if you are losing money in the stock market.. and you average down in a falling market... then isn't it like throwing good money into a bad streak? It's GAMBLING!!! Let's say you buy at10 lots 2.2 .. then now drop to 2.1 u lost about 0.1 or about more then 5% already ... then you average another 10 lots at 2.1 .. so now ur buy price is 2.15 at 20000 lots.. you 2.15-2.10 = 0.05 x 20000 = 1k ..... 0.1x10000= 1k still.. ur risk exposure is much higher when u average down .. think about it this way.. If it rises to 2.12 , Your average price is at 2.15 ... 0.03x 20000= 600 .... Or ... Average price 2.2 - 2.12 (0.08x10000 = 800) you might not make back 200 dollars if it goes up.... HOWEVER.... think about it this way... wat if the price goes down somemore in a bear market as well as a downward trend? Let's say it closes at 2.08 the next support .... 2.15-2.08 = 0.07 x 20000 = 1.4k .... or 2.2-2.08 = 1.2x 10000= 1.2k .. YOU SAVE 200!!! in a downward trend.. and in a downward bear market with no bottom or support in sight as well as uncertainty, AVERAGING DOWN IS THROWING GOOD MONEY INTO A GAMBLING POT..
Oh and. .you forgot.. if you average down .. u have to pay coffee money or commission to your broker house.. meaning that's another 25 on your first losing trade.. 25 on ur second losing trade.. and if you get stop out and Fked .. another 25... (minimum) if u buy 10 lots that would be about 70 each way after taxes.. and after commission thats another $210 .. why would you wanna do that? So averaging down is dangerous in a downward market.. unless you are shorting of course :D
For a trader who plays on contra or margin.. never average down because it's not worth it for u .. for a long term investor.. averaging down knowing that the tp and actual price is way higer is a good move because he can pay off his shares as well as hold it at te average price to god knows forever when .. but we dun have that luxury .. we play on contra.. on margin.. averaging down is just (my opinion) plain stupid....
You have to know if you are a trader or an investor.. or just gambling.. if you are a trader.. think like one.. act like one.. and behave like one.. if you are an investor.. then act the way investors should.. warren buffett and George soros .. though both famous investors or Market gurus .. have different ways of playing.. you have to get that distinctive line absolutely clear..!! decide on what you want to be.. what you are .. and what is your risk appetite/ capability.. and act on it.. don't be stupid and gamble.. like that might as well got genting itself .. put ur money on blackjack table and hope dealer bust.
RSI and Stochastics indicates a huge sell down trend. Good luck to those who bought genting at the high . Hang in tight.. if you contra-ed and ur T day is by today/ monday .. i suggest you get out now and put a stop loss price at about 2.12.. 2.12 and 2.13 are the closest support.. so once breached.. gg.unless BB comes in to place a new support.
Goods new though .. Parabolic SAR indicates that it is still on the uptrend.. halfway point between falling prices and parabolic sar is about 2.259. For those who decide to enter the market, 2.10 may be a good price and the tp for you should be 2.25 or 2.26 in the near future. Please chart it yourself and read the news and keep urself updated.. i'm not trying to give you tips whatsoever.. i just merely state facts and finding the path of least resistance. Buy or sell it is ultimately still your conviction. Please do your planning carefully and don't chase ... plan for the future and/or the next rebound. The risk/rewards ratio for you to earn that few spread as compared to a major meltdown is not worth it.....
Disclaimer* i am neither a certified consultant nor a financial advisor. My views are based on my own knowledge and experience accumulated after countless of hours of trading and reading. Decision to buy or sell should be solely base on your own purchasing power and risk appetitte as well as your convictions. Please use the facts wisely and trade soundly :D cheerios
pharoah88 ( Date: 12-Nov-2010 14:29) Posted:
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I also think so le. This spicy baobei always give nice surprises.
Black candle also good chance to collect some at low price, isnt it? Can make back in Q4. Collect, relax, go for holiday.
pharoah88 ( Date: 12-Nov-2010 12:02) Posted:
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nOw is market correction and Friday Fever
Stock | Previous | Last | $Chng | %Chng | Day Hi | Day Lo |
STRAITS TIME IDX | 3293.39 | 3252.71 | -40.680 | -1.2 | 3285.87 | 3251.37 |
MSCI SG FREE IDX | 368.40 | 0.00 | 0.000 | 0.0 | 0.00 | 0.00 |
HANG SENG INDEX | 24700.30 | 24450.77 | -249.530 | -1.0 | 24608.66 | 24312.52 |
MSCI HK IDX | 11840.53 | 0.00 | 0.000 | 0.0 | 0.00 | 0.00 |
FTSE BURSA KLCI | 1513.70 | 1503.38 | -10.320 | -0.7 | 1512.53 | 1503.29 |
PSEi | 4144.41 | 4076.68 | -67.730 | -1.6 | 4149.82 | 4049.08 |
IDX COMPOSITE | 3744.618 | 3715.063 | -29.555 | -0.8 | 3744.535 | 3704.515 |
THAILAND SET | 1029.86 | 1012.64 | -17.220 | -1.7 | 1026.40 | 1012.64 |
ALL ORDINARIES | 4810.349 | 4778.800 | -31.549 | -0.7 | 4815.700 | 4767.900 |
DJ INDU AVERAGE | 11357.04 | 11283.10 | -73.940 | -0.6 | 11326.77 | 11231.22 |
KOSPI | 1914.73 | 1913.12 | -1.610 | -0.1 | 1958.22 | 1899.49 |
NASDAQ COMPOSITE | 2555.52 | 0.00 | 0.000 | 0.0 | 0.00 | 0.00 |
NASDAQ 100 | 2173.11 | 0.00 | 0.000 | 0.0 | 0.00 | 0.00 |
NIKKEI 225 INDEX | 9861.46 | 9724.81 | -136.650 | -1.4 | 9851.42 | 9724.81 |
S&P 500 INDEX | 1218.71 | 1213.54 | -5.170 | -0.4 | 1218.71 | 1205.18 |
XETRA DAX PF | 6723.41 | 0.00 | 0.000 | 0.0 | 0.00 | 0.00 |
SSE COMPOSITE | 3147.74400 | 3023.99010 | -123.754 | -3.9 | 3150.14640 | 3010.44940 |
FTSE 100 INDEX | 5816.94 | 5815.23 | -1.710 | 0.0 | 5846.45 | 5792.56 |
SZSE COMP IDX | 1381.487 | 1312.608 | -68.879 | -5.0 | 1379.639 | 1309.787 |
Yup .. no body knows the trend.. i can only tell you what i learn from the path of least resistance and from reading charts... what might happen notice the word MIGHT haha
Probably if it does not cover today's gap,
it is likely to do so on Monday...
Remember SGX's gap was covered rather swiftly recently?
But nobody knows the trend...

SI and Stochastics indicates a huge sell down trend. Good luck to those who bought genting at the high . Hang in tight.. if you contra-ed and ur T day is by today/ monday .. i suggest you get out now and put a stop loss price at about 2.12.. 2.12 and 2.13 are the closest support.. so once breached.. gg.unless BB comes in to place a new support.
Goods new though .. Parabolic SAR indicates that it is still on the uptrend.. halfway point between falling prices and parabolic sar is about 2.259. For those who decide to enter the market, 2.10 may be a good price and the tp for you should be 2.25 or 2.26 in the near future. Please chart it yourself and read the news and keep urself updated.. i'm not trying to give you tips whatsoever.. i just merely state facts and finding the path of least resistance. Buy or sell it is ultimately still your conviction. Please do your planning carefully and don't chase ... plan for the future and/or the next rebound. The risk/rewards ratio for you to earn that few spread as compared to a major meltdown is not worth it.....
Disclaimer* i am neither a certified consultant nor a financial advisor. My views are based on my own knowledge and experience accumulated after countless of hours of trading and reading. Decision to buy or sell should be solely base on your own purchasing power and risk appetitte as well as your convictions. Please use the facts wisely and trade soundly :D cheerios
Hey guys ... i think you could check this guy's technical analysis for mor details on genting.. pretty zun so far.//
http://diaryofasingaporetrader.blogspot.com/2010/11/technical-analysis-for-genting-sp.html
Monday: 15 11 2010
GAP UP
dOn't be sUrprIsed
BullishTempo ( Date: 12-Nov-2010 11:24) Posted:
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another example of BB collection....
11:19:11 | 2.150 | 1,905 | S |
hesperus ( Date: 12-Nov-2010 10:35) Posted:
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Genting Singapore raised to Buy by Daiwa, lifts target |
Tags: Genting Singapore | Genting Singapore Plc
WRITTEN BY DOW JONES & CO, INC |
FRIDAY, 12 NOVEMBER 2010 11:11 |
Daiwa upgrades Genting Singapore (G13.SG) to Buy from Outperform, lifts target price to $2.93 from $2.06 based on 18x EV/EBITDA vs 15x previously. Says improved operating environment due to duopolistic Singapore gaming market structure, plus lower tax rate, will continue to support company’s operations. Expects softer 3Q10 results vs 2Q10, tips 11% sequential improvement in 4Q10 EBITDA on year-end seasonal effect. Shares last down 5.7% at $2.15. |