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btw genting sp is not earning earning earning.. but earning lesser, lesser, and lesser.. i'm not vested now but used to hold 3 quarters back when they first started to lose their market leadership.. yah i don't think they will make losses too, but only how much.. difficult to guess since this business partly depends on the " luck" factor..
raykee ( Date: 11-Nov-2012 20:58) Posted:
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all those earning forcast is by the company or some ppl else's target? i dun tink RWS will make losses, just drop in profit, but tat is a cycle, u can nt be earning earning earning one mah... come out run, hav to return some day |
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Trading Genting on Monday is like gambling in casino. It can go either way 50-50 chance!
tiancai007 ( Date: 11-Nov-2012 17:24) Posted:
If MBS reported not so good report, Genting having lesser mkt share than MBS will certainly report that's below mkt expectations. Unless Genting increases its mkt share and rope in more high end players which is unlikely. Tues is a public holiday, any big movement can only be seen on wed.
New123 ( Date: 11-Nov-2012 16:53) Posted:
| i think it will bounce-off from 1.22 and move up. Mon result announcement may surprise us with gd profit. |
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all those earning forcast is by the company or some ppl else's target? i dun tink RWS will make losses, just drop in profit, but tat is a cycle, u can nt be earning earning earning one mah... come out run, hav to return some day
If Mabel's role is to bring in regional big players then why she brought in local players? Seem like she wasn't that great in regional networking.
Anyway, share price was down so much before result, it seem like not going to be good. However, looking from the otherside, if result is within the market expectation of " bad result" , it won't go down much more.
Mabel Lee who was responsible for bringing in high-stake players from Asia was pressured by CRA to resign in Aug for her role to reimburse casino annual entrance fee to high-stake players.
Without this woman around, I think RWS revenue from high stake gambling would suffer.
tiancai007 ( Date: 11-Nov-2012 17:24) Posted:
If MBS reported not so good report, Genting having lesser mkt share than MBS will certainly report that's below mkt expectations. Unless Genting increases its mkt share and rope in more high end players which is unlikely. Tues is a public holiday, any big movement can only be seen on wed.
New123 ( Date: 11-Nov-2012 16:53) Posted:
| i think it will bounce-off from 1.22 and move up. Mon result announcement may surprise us with gd profit. |
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Genting shall have gain from 980mil financial asset investment. It is either record in this Q or next Q. Don't be surprise to see profit gain. However, brokers are more interested to see the core business operation which shall be bad.
tiancai007 ( Date: 11-Nov-2012 17:24) Posted:
If MBS reported not so good report, Genting having lesser mkt share than MBS will certainly report that's below mkt expectations. Unless Genting increases its mkt share and rope in more high end players which is unlikely. Tues is a public holiday, any big movement can only be seen on wed.
New123 ( Date: 11-Nov-2012 16:53) Posted:
| i think it will bounce-off from 1.22 and move up. Mon result announcement may surprise us with gd profit. |
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If MBS reported not so good report, Genting having lesser mkt share than MBS will certainly report that's below mkt expectations. Unless Genting increases its mkt share and rope in more high end players which is unlikely. Tues is a public holiday, any big movement can only be seen on wed.
New123 ( Date: 11-Nov-2012 16:53) Posted:
i think it will bounce-off from 1.22 and move up. Mon result announcement may surprise us with gd profit..
marubozu1688 ( Date: 10-Nov-2012 22:33) Posted:
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i think it will bounce-off from 1.22 and move up. Mon result announcement may surprise us with gd profit..
marubozu1688 ( Date: 10-Nov-2012 22:33) Posted:
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If $1.22 support cannot hold, Genting SP will go below $1.00!
http://mystocksinvesting.com/singapore-stocks/genting-singapore/genting-sp-watch-the-support/
The coming earning announcement will set the direction!
Genting SP only went down to touch $1.22 on 26/07/2012 and created a double bottom formation on 13/08/2012 at $1.235 . It did a technical rebounce from here to $1.42 on 17/09/2012 n made a double top formation on 19/09/2012 . It came down rapidly n broke the lower border line of the bearish rising wedge at $1.375 on 01/10/2012 . It fell almost non stop after that to reach $1.235 on 09/11/2012 Friday closing . Genting SP may reach $1.16 this round , if the volume is huge , the downtrend may continue . No moving average is supporting the trend , RSI is at oversold position n Directional movement index are all pointing to long term downtrend .
Bintang ( Date: 26-Jul-2012 09:18) Posted:
The next stop would be $1.18 to $1.20 .
Bintang ( Date: 26-Jul-2012 09:11) Posted:
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it might be a good time to long
genting sp on monday. goodluck!
will go below 1.22.
have to wait for CNY to come to save this guy...
Watch for 1.22., critical support price. Broke this n chips will be flying around. Good luck.
Sure can see wan. Even Macao Melco Crown also reported lower profit.
New123 ( Date: 08-Nov-2012 14:11) Posted:
seems heavy pressure of going down . may see it rebounce from 1.22 - 1.25 ... |
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ok . so far only vested on genting bonds. v gd steady fixed returns. May consider to pick up genting sp when i see the reversal signal.
khng2012 ( Date: 08-Nov-2012 14:39) Posted:
Result will release next week. Sand result has shown singapore Casino revenue is low.
Sand has lead the Casino revenue in singapore few quarters. It will not be so easy for Genting to turn over to lead singapore market. After US huge drop, more people may realise Genting may not be so good.
One thing have to take note, in last Q report, 916million dollar is used to financial asset investment, previously rumour said this money was loan to IHH and Felda IPO listing in Malaysia. Genting has sold the share back to Malaysian Government.
As such, don't be surprise to see big gain in " Fair value gain on derivative financial instruments" .
No Vested but all the best to holder
New123 ( Date: 08-Nov-2012 14:11) Posted:
seems heavy pressure of going down . may see it rebounce from 1.22 - 1.25 ... |
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Result will release next week. Sand result has shown singapore Casino revenue is low.
Sand has lead the Casino revenue in singapore few quarters. It will not be so easy for Genting to turn over to lead singapore market. After US huge drop, more people may realise Genting may not be so good.
One thing have to take note, in last Q report, 916million dollar is used to financial asset investment, previously rumour said this money was loan to IHH and Felda IPO listing in Malaysia. Genting has sold the share back to Malaysian Government.
As such, don't be surprise to see big gain in " Fair value gain on derivative financial instruments" .
No Vested but all the best to holder
New123 ( Date: 08-Nov-2012 14:11) Posted:
seems heavy pressure of going down . may see it rebounce from 1.22 - 1.25 ... |
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seems heavy pressure of going down . may see it rebounce from 1.22 - 1.25 ...
Aqua marine also includes the water museum which as zheng he one? They also got uss, of cos after dec will hav better results cos holiday... Sian thing is legoland and kitty world open liao
khng2012 ( Date: 05-Nov-2012 10:34) Posted:
Which income you are referring to?
As per last Q, Genting Sentosa has mentioned that the Aqua Marine facility has eaten the operation cost without contributing the revenue till 1Q 2013. So similar result as 2Q will be obtained in 3Q and 4Q.
I don't really understand why still got people has so high expectation on Genting. Just leave it alone till early 2013, it may be pick up during year end Christmas period and chinese new year period.
raykee ( Date: 05-Nov-2012 10:26) Posted:
| Yea, kana drag by sands.... But still as i say, rws has more income flowing in compared to mbs so there might be a shocking news for them to beat mbs~ |
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Which income you are referring to?
As per last Q, Genting Sentosa has mentioned that the Aqua Marine facility has eaten the operation cost without contributing the revenue till 1Q 2013. So similar result as 2Q will be obtained in 3Q and 4Q.
I don't really understand why still got people has so high expectation on Genting. Just leave it alone till early 2013, it may be pick up during year end Christmas period and chinese new year period.
raykee ( Date: 05-Nov-2012 10:26) Posted:
| Yea, kana drag by sands.... But still as i say, rws has more income flowing in compared to mbs so there might be a shocking news for them to beat mbs~ |
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