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pharoah88 ( Date: 13-Sep-2010 14:16) Posted:
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Did authorities not know about shuttles?
Was there an inter-agencybreakdown?
Letter from M Lukshumayeh
I REFER to “Regulator puts immediate brake on IR shuttles” (Sept 11).
It is good that the relevant authorities acted on the free shuttle buses to the IRs with immediate directives. Despite there being some debate on whether these buses lured gamblers to the casino, it cannot be disputed that it would certainly entice some gamblers from the heartlands.
The shuttle bus services had been in operation for a while and surely, relevant approvals must have been sought from Government agencies by the transport operators and approvals duly given — but perhaps not with the involvement of the Casino Regulatory Authority (CRA).
This incident perhaps highlights the need for greater inter-Government agency engagement and interaction on certain matters, such as the approval for bus operations to and from the integrated resorts.
In this case, it appears that CRA was not aware of the shuttle bus operations. If this is so, it is perhaps through no fault of their own now that the shuttle bus operators and their employees find themselves in an awful bind.
Do more to curb ‘incentives’
Letter from Chua Hin Bee
FREE bus services between RWS and HDB heartland areas began operation a few months ago. However, it is astonishing to learn that instead of stepping in from day one, the authority only acted recently after receiving complaints from the public.
It is stated that the IR operators are not allowed to provide incentives in any form for Singaporeans to patronise the casinos.
What about other possible incentives such as a personal chauffeur service, discounted or even free dining and hotel accommodation, shopping vouchers and extra gambling chips?
Regular patrons may even receive VIP privileges for overseas casinos run by the same operator. Are such incentives permitted by the authority? If not, what measures will it take to ensure the IR operators abide by the rules?
Give us some notice
Letter from William Tay
THE abrupt cessation of shuttle services to both IRs on Friday seemed like overkill by the CRA. Was this a life-and-death situation warranting such a drastic action?
Many elderly and children visiting the IRs were left stranded when the shuttle was abruptly cancelled. At least 24 hours’ notice should have been given.
Bar gamblers without stopping service
Letter from Peter Lim
THE CRA should not stop the IR-heartland shuttles without considering other alternatives.
I would suggest that the free shuttles be resumed with the condition that passengers get an ink-stamp on their hands. Casino staff should be directed not to allow entry to visitors bearing the stamp.
This would address the concerns about the shuttle service encouraging gambling, while still making available the convenience of this shuttle service to those who just want to visit the IR without gambling. |
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wow dun know why it is shooting like nobody business ... but I am not complaining .... hee hee. Once again congrats to those long on this counter... happy "profiting"...
i also taken profit and taking a break.....
this is the best stock to invest.....
i was thinking this morning to re-enter at 1.83.
bishan22 ( Date: 13-Sep-2010 14:35) Posted:
Smart move elton 81, let others take the higher end profit.
Meanwhile enjoy and pamper yourself.  |
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...
'Scripts' are nothing but pure hindsight...
Because if it doesn't happen, all will be quiet.
Thus, the noisy talk only happens
after it has happened.
Don't believe me? It's easy to test the truth...
Just ask who bet heavily on their so-called 'script'...
Let the profit runs...
| Date |
Stock Name |
Unit |
Price |
Total ++ |
(Fee ++) |
Price |
Total++ |
(Fee ++) |
Unrealised Profit |
| 8-Jul-09 |
Genting |
200,000 |
$ 0.7500 |
$150,517.50 |
$ 517.50 |
$ 1.9000 |
$ 378,689.00 |
$1,311.00 |
$ 228,171.50 |
| 13-Sep-10 |
|
50,000 |
$ 1.8500 |
$ 92,819.13 |
$ 319.13 |
$ 1.9000 |
$ 94,672.25 |
$ 327.75 |
$ 1,853.13 |
| |
|
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|
| |
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|
BUY QTY |
250,000 |
|
Target Value |
|
|
|
| |
|
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SOLD QTY |
250,000 |
|
$ 3.00 |
|
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|
| |
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BOUGHT |
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$243,336.63 |
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SOLD |
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$473,361.25 |
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|
| |
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COMM |
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$ 1,828.50 |
|
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| |
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PROFIT |
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$230,024.63 |
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Smart move elton 81, let others take the higher end profit.
Meanwhile enjoy and pamper yourself.
took my profit and exited the genting twin cruise. gd luck to all the rest of ya.. huat ah! :)
as the script read.. 1.9 breaks easily..
pcxiao2008 ( Date: 13-Sep-2010 12:20) Posted:
i see...thanks for the info...will take note on this closely..
BullishTempo ( Date: 13-Sep-2010 12:16) Posted:
| 1.90 big resistance, may not break today but maybe tomorrow. Will sell some when it hits 1.90 + |
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Did authorities not know about shuttles?
Was there an inter-agencybreakdown?
Letter from M Lukshumayeh
I REFER to “Regulator puts immediate brake on IR shuttles” (Sept 11).
It is good that the relevant authorities acted on the free shuttle buses to the IRs with immediate directives. Despite there being some debate on whether these buses lured gamblers to the casino, it cannot be disputed that it would certainly entice some gamblers from the heartlands.
The shuttle bus services had been in operation for a while and surely, relevant approvals must have been sought from Government agencies by the transport operators and approvals duly given — but perhaps not with the involvement of the Casino Regulatory Authority (CRA).
This incident perhaps highlights the need for greater inter-Government agency engagement and interaction on certain matters, such as the approval for bus operations to and from the integrated resorts.
In this case, it appears that CRA was not aware of the shuttle bus operations. If this is so, it is perhaps through no fault of their own now that the shuttle bus operators and their employees find themselves in an awful bind.
Do more to curb ‘incentives’
Letter from Chua Hin Bee
FREE bus services between RWS and HDB heartland areas began operation a few months ago. However, it is astonishing to learn that instead of stepping in from day one, the authority only acted recently after receiving complaints from the public.
It is stated that the IR operators are not allowed to provide incentives in any form for Singaporeans to patronise the casinos.
What about other possible incentives such as a personal chauffeur service, discounted or even free dining and hotel accommodation, shopping vouchers and extra gambling chips?
Regular patrons may even receive VIP privileges for overseas casinos run by the same operator. Are such incentives permitted by the authority? If not, what measures will it take to ensure the IR operators abide by the rules?
Give us some notice
Letter from William Tay
THE abrupt cessation of shuttle services to both IRs on Friday seemed like overkill by the CRA. Was this a life-and-death situation warranting such a drastic action?
Many elderly and children visiting the IRs were left stranded when the shuttle was abruptly cancelled. At least 24 hours’ notice should have been given.
Bar gamblers without stopping service
Letter from Peter Lim
THE CRA should not stop the IR-heartland shuttles without considering other alternatives.
I would suggest that the free shuttles be resumed with the condition that passengers get an ink-stamp on their hands. Casino staff should be directed not to allow entry to visitors bearing the stamp.
This would address the concerns about the shuttle service encouraging gambling, while still making available the convenience of this shuttle service to those who just want to visit the IR without gambling.
Not sure, we spoken to a member name starry something..... she brought 10 lots at 1.83......
everyone tell her to relax....when it drop till 1.75...
now 1.89..... people are buying, let be careful it may drop again.....
pcxiao2008 ( Date: 13-Sep-2010 12:20) Posted:
i see...thanks for the info...will take note on this closely..
BullishTempo ( Date: 13-Sep-2010 12:16) Posted:
| 1.90 big resistance, may not break today but maybe tomorrow. Will sell some when it hits 1.90 + |
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share price up non stop coz free bus services to there cancelled , considered cost saving fot Genting,many became jobless, nowhere to roam and try their luck in casino and donate more money instead. Those taking free buses there are peanuts merely for window shoppings or working, Genting juz needs a big fish who can afford to lose 26million at 1 go....haha
Many long service SMRT bus drivers n taxi drivers resigned and joined Genting bus ferry job thinking that it provides good future, instead....lost their jobs, pity them, juz becoz of gov 1 word.With Casino in spore ,less ERP gentry can be built,more taxes fr Casino,those lost job ll fill the space of PR and it's time they go.Too many malaysians staying here as PR n refused to take up citizenship,gov dun want them to earn fr here n spend in malaysia,later retire back in malaysia
2010
金虎赌年
云顶赌世界
云顶赌霸王
Ha ha, comrade, congrates, cashing in to buy coming GIC Real Estate R ah? Hopes it will like GSP, cheong everyday.
BullishTempo ( Date: 13-Sep-2010 12:16) Posted:
1.90 big resistance, may not break today but maybe tomorrow. Will sell some when it hits 1.90 ++
BullishTempo ( Date: 13-Sep-2010 12:12) Posted:
My fibo target shows about the same analysis as yours. Cheers. |
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i see...thanks for the info...will take note on this closely..
BullishTempo ( Date: 13-Sep-2010 12:16) Posted:
1.90 big resistance, may not break today but maybe tomorrow. Will sell some when it hits 1.90 ++
BullishTempo ( Date: 13-Sep-2010 12:12) Posted:
My fibo target shows about the same analysis as yours. Cheers. |
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pharoah88 ( Date: 13-Sep-2010 10:55) Posted:
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pharoah88 ( Date: 13-Sep-2010 09:03) Posted:
Monday: 13 September 2010
prIce actIOn
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1.90 big resistance, may not break today but maybe tomorrow. Will sell some when it hits 1.90 ++
BullishTempo ( Date: 13-Sep-2010 12:12) Posted:
My fibo target shows about the same analysis as yours. Cheers.
freeme ( Date: 13-Sep-2010 12:09) Posted:
| i tink it can clear 1.9 .. then start correction once hitting near 193-195 |
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Ha ha, dear comrade, hits MFT's TP px of 2.10, then go London for Lorek loh. Cheers.
loyfam88 ( Date: 13-Sep-2010 12:07) Posted:
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Couldn't agree more... My holding in this share helped to reverse all my other share blunders. I am finally gg to breakeven for all my blunders. Though not making but knowing that you can recover your capital is itself a great news.
Told my hubby that if it hits $2, I will consider getting him the new big faced rolex in HK
BullishTempo ( Date: 13-Sep-2010 11:50) Posted:
| I can't complain. Very grateful to this counter, I know I can bring family for good holiday in December |
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My fibo target shows about the same analysis as yours. Cheers.
freeme ( Date: 13-Sep-2010 12:09) Posted:
| i tink it can clear 1.9 .. then start correction once hitting near 193-195 |
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