
Market sentiment is too bad.
Good performance maintain current price.
Any stock has negative view will be gonna shorted.
 
NAV is so low!!! $0.374!!! short all the way!!!!
mi mi mi.....avg cost 1.53 but i believe there r ppl higher as well....haix.....i tink have to pass it to nxt generation liao...haha
raykee ( Date: 12-Nov-2012 19:29) Posted:
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Poor performance of Genting is actually due to the love-hate affairs of the govt relationships with the casino. In one sense it is trying to be the angel to help employment and in the other trying to be the devil to be a revenue for indulgence.. And both of them are having the same constraints, keeping in line and conflicting in their own philosophies. They are both confused, in some ways.
khng2012 ( Date: 13-Nov-2012 00:58) Posted:
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Genting business shall slowly recover in 4Q.
Macau gambling revenue up but sg down. It imply Singapore rely on south east Asia market. China people not really willing to come to sg for gambling. Government rules tightening also one of the reason to affect their revenue.
Macau gambling revenue up but sg down. It imply Singapore rely on south east Asia market. China people not really willing to come to sg for gambling. Government rules tightening also one of the reason to affect their revenue.
raykee ( Date: 13-Nov-2012 00:42) Posted:
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shall work out my accounts to aveg this down and sell off without losses... advisable?
Just take note that the next 3months, Genting will hit bottom and good to pick it up when price is low.
Profits, revenues dwindling qn by qn. Not a good time for casino operators. $1 soon.
ShareInvestor Express - Genting SP: 3Q12 Net Profit Down 47% To S$110.3 Million.
Genting SP: 3Q12 Net Profit Down 47% To S$110.3 Million.
Resorts World Sentosa, Singapore Integrated Resort, contributed revenue of S$662.0 million and adjusted EBITDA of S$304.0 million. Comparing to the second quarter of 2012, overall revenue and adjusted EBITDA was affected by a lower win percentage in the premium player business. Other business segments remain healthy with Universal Studios Singapore recording a daily average visitation of 9,100 visitors and average spend of S$86. The hotel business saw an increase in occupancy rate to 93% with an average room rate of S$432. As the Marine Life Park moves into its final pre-operations phase, the Company continue to incur pre-opening operating costs without corresponding revenue...
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ShareInvestor Express News
Don't fight the trend......high rollers' revenue has been falling from Vegas to Macao, Aust and S'pore.
Wed will break below 1.20.
The  profit down was partly due to the incur pre-opening operating costs for the Marine Life Park's final pre-operations phase.
Market may has already expecting this to be the worst result and share price may start to recover from here. Let see how market will react this coming Wednesday.
If it is to gap down at the next openning , then $1.16 could be achieved .
Bintang ( Date: 10-Nov-2012 20:40) Posted:
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finally got to read it already.... hai.... should had exited last last friday....who here also vested but can nt leave cos u bought too high?
Net profit down 34% is in line with expectation...
 
  unacceptable one is that EPS down 47%... how many share have they granted to themselves? it is like a government that keep printing money and dilute the value....

bishan22 ( Date: 12-Nov-2012 18:18) Posted:
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Sum u for u, gone case.
raykee ( Date: 12-Nov-2012 18:21) Posted:
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Yea i saw it byt drivin so can nt read what is the cause.. Can sum it up?
3Q net profit down 34%.  

khng2012 ( Date: 12-Nov-2012 18:01) Posted: |
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_8A4155BACC6B709748257AB400360835/$file/GENS_Announcement_Q32012.pdf?openelement
Result out, worse than 2Q.
Local players without at least $1/2m front money she no hue them!
oldflyingfox ( Date: 11-Nov-2012 20:52) Posted:
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Result will be out in 2 hrs time.