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Genting Sing    Last:0.76    -0.005

GenSp starts to move up again

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iPunter
    27-Sep-2010 15:26  
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But although I told myself to short @2.18 last week,

     I had not done that...

       Because I was too pre-occupied with other counters at that time.. Smiley
 
 
iPunter
    27-Sep-2010 15:23  
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Always buy low low...

     And short high high... 

        Then if you lose, you will lose only little... Smiley


 
 
eastcivic
    27-Sep-2010 15:23  
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bearish candle is forming....... looks like sellers are getting stronger..... will there be a fightback from buyers?
 

 
cannotfind
    27-Sep-2010 15:20  
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I sold off all HK units... I think Nomura is correct.... I lost a lot!!!!! Guys!! Please do not play contra!!!!



iPunter      ( Date: 27-Sep-2010 15:09) Posted:



It's now hitting today's floor (2.02) again..

     getting dicey.

 
 
CrownJewel
    27-Sep-2010 15:16  
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2.04 now.Smiley
 
 
iPunter
    27-Sep-2010 15:14  
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Better to look at the queue sizes.. Smiley
 

 
epliew
    27-Sep-2010 15:12  
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2.03 now.

iPunter      ( Date: 27-Sep-2010 15:09) Posted:



It's now hitting today's floor (2.02) again..

     getting dicey.

 
 
iPunter
    27-Sep-2010 15:09  
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It's now hitting today's floor (2.02) again..

     getting dicey.
 
 
epliew
    27-Sep-2010 15:07  
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it moves a bit like 4 cents upwards, technical support at 2.06 if pass this test then 2.10 and 2.12 support.

elton81      ( Date: 27-Sep-2010 15:01) Posted:

if they set the price to $4 mayb will have impact.. but $2+... nothing new.. dont think will move much..

cannotfind      ( Date: 27-Sep-2010 14:59) Posted:

after the upgrade news from Deutsche Bank AG still did not move it, something is wrong. Previously, as soon as such news come out, the price will move 3% upwards.


 
 
elton81
    27-Sep-2010 15:01  
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if they set the price to $4 mayb will have impact.. but $2+... nothing new.. dont think will move much..

cannotfind      ( Date: 27-Sep-2010 14:59) Posted:

after the upgrade news from Deutsche Bank AG still did not move it, something is wrong. Previously, as soon as such news come out, the price will move 3% upwards.

 

 
cannotfind
    27-Sep-2010 14:59  
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after the upgrade news from Deutsche Bank AG still did not move it, something is wrong. Previously, as soon as such news come out, the price will move 3% upwards.
 
 
CrownJewel
    27-Sep-2010 14:53  
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that's why chinese yuan soooo stroooong and US $ cheaper than pang sai chua!!!Smiley

epliew      ( Date: 27-Sep-2010 11:59) Posted:

local malaysian style, easier to pay better with benefits like transport, food, clothing, and bonus..... not forgetting tips.......

CrownJewel      ( Date: 26-Sep-2010 10:26) Posted:

read in cna forum mbs having croupiers' problems. they have long black faces there while rws croupiers all happy & smiling.


 
 
iPunter
    27-Sep-2010 14:52  
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Even in Karma,

    there's short-term, long-term and medium term too..

        Thus, time-frames exist not only in stock market...  Smiley



BullishTempo      ( Date: 27-Sep-2010 14:47) Posted:

I agree. Thus doing good deeds like charity can earn one good karma, and thus you can have more good karma to have a wealthy life.

purelotus      ( Date: 27-Sep-2010 14:37) Posted:

This kind of good thing can happened one

But it depend on one "KARMA"

Some people really can enjoy so good wealth

Some people, no matter how much they earn, they still lost their profit in other form

Sometime wealth is not only about how smart are you.

It is whether you have this kind of wealthy life or not

:D



 
 
epliew
    27-Sep-2010 14:49  
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wow, seems positive.

BullishTempo      ( Date: 27-Sep-2010 13:40) Posted:

STI gains 1% to 3,123.67 at 12:30 p.m.

Tags: China Dairy Group | China Xlx Fertiliser | CLSA | Credit Suisse Group AG | Dbs Group Holdings | Deutsche Bank AG | Genting Singapore Plc | Goldman Sachs Group Inc | Hor Kew Corp | Jardine Cycle & Carriage | Jardine Matheson Holdings | Jardine Strategic Holdings |Yangzijiang Shipbldg Hldgs

WRITTEN BY BLOOMBERG   
MONDAY, 27 SEPTEMBER 2010 13:00
smaller text tool iconmedium text tool iconlarger text tool icon
Singapore’s Straits Times Index gained 1% to 3,123.67 as of the 12:30 p.m. trading break. Six stocks rose for each that fell on the 30-member gauge.

Shares on the measure trade at an average 15.3 times estimated earnings, compared with about 17.4 times at the beginning of the year, according to data compiled by Bloomberg. The following shares were among the most active in the market. 
 
China Dairy Group (CDG SP), a maker of milk products, lost 3.3% to 14.5 cents. The company said it expects to post net losses in the third quarter and for 2010, citing rising prices of raw materials and increased competition in China’s milk industry.
 
China XLX Fertiliser (CXLX SP), a maker of urea and methanol, climbed 3.5% to 60 cents. The company said it plans to invest 3 billion yuan ($592 million) to build a fourth plant and expand production capacity.
 
DBS Group Holdings (DBS SP), Southeast Asia’s biggest lender, rose 1% to $14.22. The company said it will invest $200 million  to build an information technology hub in Singapore that will support its banking operations in Asia.
 
Hor Kew Corp. (HKC SP), a construction company and developer, gained 5.9% to 9 cents. The company said it won a public housing contract, valued at $156 million, from the Singapore government.
 
Genting Singapore Plc (GENS SP), one of two casino resort operators in the city-state, advanced 2% to $2.05. Deutsche Bank AG raised its share-price forecast to $2.60 from $1.93 and maintained its “buy” recommendation.
 
Jardine Cycle & Carriage (JCNC SP), the automotive distributor that gets 89% of sales from Indonesia, rose 2.2% to $38.90. Goldman Sachs Group Inc. increased its share-price forecast to $40 from $38 and maintained its “neutral” rating.
 
Jardine Matheson Holdings (JM SP), which owns car distributors, real estate, supermarkets and hotels in Asia, climbed 1.3% to US$45.98. CLSA Asia Pacific Markets raised its share-price forecast to US$52 from US$45.85 and maintained its “outperform” rating.
 
Jardine Strategic Holdings (JS SP), the owner of half of Jardine Matheson, advanced 2.4% to US$27.22. CLSA increased its share-price forecast to US$30 from US$26.37 and maintained its “outperform” rating.
 
Yangzijiang Shipbuilding Holdings (YZJ SP), a China- based shipbuilder, rose 1.1% to $1.80. Credit Suisse Group AG raised its share-price forecast to $2.20 from $1.90 and maintained its “outperform” rating.

 
 
BullishTempo
    27-Sep-2010 14:47  
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I agree. Thus doing good deeds like charity can earn one good karma, and thus you can have more good karma to have a wealthy life.

purelotus      ( Date: 27-Sep-2010 14:37) Posted:

This kind of good thing can happened one

But it depend on one "KARMA"

Some people really can enjoy so good wealth

Some people, no matter how much they earn, they still lost their profit in other form

Sometime wealth is not only about how smart are you.

It is whether you have this kind of wealthy life or not

:D



AnthonyTan      ( Date: 27-Sep-2010 11:17) Posted:



Wapian, MFT telling ppls to buy lol, for whose

benefits.Let's put the facts at its right prospective.

If there are money to be made, think for yourself,

who will go in and grab the shares first??????

Where got so good one.


 

 
purelotus
    27-Sep-2010 14:37  
Contact    Quote!

This kind of good thing can happened one

But it depend on one "KARMA"

Some people really can enjoy so good wealth

Some people, no matter how much they earn, they still lost their profit in other form

Sometime wealth is not only about how smart are you.

It is whether you have this kind of wealthy life or not

:D



AnthonyTan      ( Date: 27-Sep-2010 11:17) Posted:



Wapian, MFT telling ppls to buy lol, for whose

benefits.Let's put the facts at its right prospective.

If there are money to be made, think for yourself,

who will go in and grab the shares first??????

Where got so good one.

 
 
BullishTempo
    27-Sep-2010 13:40  
Contact    Quote!
STI gains 1% to 3,123.67 at 12:30 p.m.

Tags: China Dairy Group | China Xlx Fertiliser | CLSA | Credit Suisse Group AG | Dbs Group Holdings | Deutsche Bank AG | Genting Singapore Plc | Goldman Sachs Group Inc | Hor Kew Corp | Jardine Cycle & Carriage | Jardine Matheson Holdings | Jardine Strategic Holdings |Yangzijiang Shipbldg Hldgs

WRITTEN BY BLOOMBERG   
MONDAY, 27 SEPTEMBER 2010 13:00
smaller text tool iconmedium text tool iconlarger text tool icon
Singapore’s Straits Times Index gained 1% to 3,123.67 as of the 12:30 p.m. trading break. Six stocks rose for each that fell on the 30-member gauge.

Shares on the measure trade at an average 15.3 times estimated earnings, compared with about 17.4 times at the beginning of the year, according to data compiled by Bloomberg. The following shares were among the most active in the market. 
 
China Dairy Group (CDG SP), a maker of milk products, lost 3.3% to 14.5 cents. The company said it expects to post net losses in the third quarter and for 2010, citing rising prices of raw materials and increased competition in China’s milk industry.
 
China XLX Fertiliser (CXLX SP), a maker of urea and methanol, climbed 3.5% to 60 cents. The company said it plans to invest 3 billion yuan ($592 million) to build a fourth plant and expand production capacity.
 
DBS Group Holdings (DBS SP), Southeast Asia’s biggest lender, rose 1% to $14.22. The company said it will invest $200 million  to build an information technology hub in Singapore that will support its banking operations in Asia.
 
Hor Kew Corp. (HKC SP), a construction company and developer, gained 5.9% to 9 cents. The company said it won a public housing contract, valued at $156 million, from the Singapore government.
 
Genting Singapore Plc (GENS SP), one of two casino resort operators in the city-state, advanced 2% to $2.05. Deutsche Bank AG raised its share-price forecast to $2.60 from $1.93 and maintained its “buy” recommendation.
 
Jardine Cycle & Carriage (JCNC SP), the automotive distributor that gets 89% of sales from Indonesia, rose 2.2% to $38.90. Goldman Sachs Group Inc. increased its share-price forecast to $40 from $38 and maintained its “neutral” rating.
 
Jardine Matheson Holdings (JM SP), which owns car distributors, real estate, supermarkets and hotels in Asia, climbed 1.3% to US$45.98. CLSA Asia Pacific Markets raised its share-price forecast to US$52 from US$45.85 and maintained its “outperform” rating.
 
Jardine Strategic Holdings (JS SP), the owner of half of Jardine Matheson, advanced 2.4% to US$27.22. CLSA increased its share-price forecast to US$30 from US$26.37 and maintained its “outperform” rating.
 
Yangzijiang Shipbuilding Holdings (YZJ SP), a China- based shipbuilder, rose 1.1% to $1.80. Credit Suisse Group AG raised its share-price forecast to $2.20 from $1.90 and maintained its “outperform” rating.
 
 
iPunter
    27-Sep-2010 12:53  
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Today I learn one useful word from sifu Anthony..

     So many useful singlish words to be learned.. Smiley



AnthonyTan      ( Date: 27-Sep-2010 11:17) Posted:



Wapian, MFT telling ppls to buy lol, for whose

benefits.Let's put the facts at its right prospective.

If there are money to be made, think for yourself,

who will go in and grab the shares first??????

Where got so good one.

 
 
pharoah88
    27-Sep-2010 12:29  
Contact    Quote!
redsolar's Avatar

BullishTempo      ( Date: 27-Sep-2010 10:49) Posted:

Genting Singapore up on broker’s raise

Tags: Genting Singapore | Genting Singapore Plc

WRITTEN BY THOMSON REUTERS   
MONDAY, 27 SEPTEMBER 2010 10:40
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Shares of casino operator Genting Singapore <GENS.SI> rose as much as 2.5% on Monday after a foreign brokerage raised its target price for the firm by 35% to $2.60.

At 10:24 a.m., shares of Genting Singapore were trading at $2.02 and around 33 million shares had changed hands.

“There was a ‘buy’ call by Deutsche Bank and they raised their target price, so investors may be reacting to that,” said a local trader, adding that he saw resistance around $2.09 or $2.10.

Deutsche has raised its 2011 estimates for Singapore’s gaming market size to US$6 billion ($7.9 billion), up 28% from the current run rate, and said it remains positive on the city-state’s long-term gaming prospects.

The bank also increased its net profit forecast for Genting Singapore’s 2011-2012 financial years by 34-42%, adding that its 2011 forecast is 15% above consensus. 


 
 
pharoah88
    27-Sep-2010 12:28  
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niuyear      ( Date: 27-Sep-2010 12:03) Posted:

How Do You React When Your Stocks Are Down

 
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Christopher Smith


When trading large and small caps and dealing with the market, losses are inevitable on occasion. It may be a bitter pill for many to swallow but for those who are pros to the game it is a pill that should be expected along the way.

Many people point to Warren Buffett as an example of how well the 'buy and hold' method of investing works over the long term. So while it is easy to hear those words and accept them as a reasonable investment strategy, its another thing all together to actually act on when your stock has dropped 20% during a single trading session.

Anyone has suffered through the woes of a bear market knows that it is quite difficult to stick to your initial investment strategy when all around you people are jumping ship and liquidating assets. This is an investment strategy that requires discipline along with nerves of steel. Fears of depression often have investors heading for the hills and using logic that is at best faulty and at worst financially devastating.

If you have done your due diligence on your investment before you bought, then you should be able to weather the storm over the long term. As a matter of fact, the drop may provide the perfect opportunity to add to your position. Its important to remember that the buy and hold strategy works best with large cap stocks.

In these situations, perfectly stable companies may begin selling for fractions of their actual value for the interim-this by no means indicates that these companies will not fully recover and prove to be a perfectly solid investment. Below you will find three fundamental truths that should help weather your short-term market losses and stand fast when others are running for higher ground.

Its More Than Just A Sheet Of Paper

What you hold in your portfolio is a part of a company. Unlike day traders who buy and sell over the short term, hoping to make money by playing the up and down movement of the share price, long term investors are looking to own a piece of a company; to share in the story of the company. What your shares represent is a piece of everything the company owns. From pens to buildings, you own a portion of it.

In order to be truly successful as in investor you must do two things. First, you must not let emotion rule reason. Business and emotions are never a good combination. This is no different when it comes to investments in the stock market. Second, you must be able to evaluate the business and the potential of that business completely separately from the price of the stock. Remember that even the best company in the world is a lousy investment if you pay too much for the privilege.

Focus On The Big Picture

Are you trading large and small caps with the big picture in mind? If you look at any chart over the long term, you can easily identify areas where a company has dipped, only to trade much higher a few months later. In most businesses, there are seasonal changes that affect the share price. If you are trading large and small caps with the big picture in mind, then you can easily identify this as an opportunity to add to your portfolio. When the company releases news, how will it impact the company? Plenty of companies have for example, sought financing by issuing shares. Typically, this involves providing the buyer with the shares at a discount to the current market price. Not surprisingly, the share price drops to that amount. This is usually where the traders bail (hitting their stop losses on the way down). However, if the company is a solid one, that is going to use the money for expansion, acquisition or debt repayment, the market will reward investors over the long haul. If you sold based on one days trading actions, you would be out of a position, just when the company is poised to move higher.

Whether your are trading large and small caps for the short term or long term, the following tips should help to improve your returns:

Consider buying after a major correction. Markets go up and markets go down. Over time, they always go in an upward direction. Often corrections will provide excellent buying opportunities because of the "herd mentality". This often creates an oversold situation, which is perfect for buying! Just ensure that you are buying a strong company.

Remember there is money to be made going long, just as there is money to be made going short. Just know the trend before you decide which way to go.

Never buy a stock just because it has a low price. A low price and a great stock makes for a good selection. A low price on it's own does not. There is normally a reason why a stock is at the price it is at. If you want to gamble, go to Las Vegas.

The biggest mistake stock market investor make is to make the current situation fit the one they bought the stock in. I've seen countless swing traders buy a stock based on the movements of the 15 minute charts, only to say well, the daily chart looks good. If the share price of your company is down, you need to reassess what is happening now. Based on the current due diligence, is this just a temporary move down, or is this part of a larger change in the trend of the share price.

There is plenty of money to be made investing in the stock market, however you will make more money if you invest without emotion, and assess the current situation to identify if the party is over, or if you have been presented with an amazing opportunity. Buy and hold does not mean buy now and look at your positions in 10 years. It means investing in solid companies, and assessing along the way. Sometimes, things change, and you have to be willing to accept the change. The successful investor can easily identify if the share price is down for a bad reason, or is down to present them with a perfect opportunity to add more shares.

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