Genting Sing    Last:0.69   -

outlook

i say again do not sell early

 

Tubro power up

 

Glad to see the counter staying in the top 3 volume today. Noticed that it was not amongst the top volume in the last few days.

 

do not sell early and let it run for few days.....

 

Posted: 23-Mar-2007 16:06
x 0 x 0	based on TA, the counter may run up (got 60% chance) within two weeks...if you are an investor for mid-term, can accumulate now at this clouded area price as it is TA/FA strong...not for contra and my two cents :)

 

Anyone able to advise on the trend for this stock. It seem to get unnoticed recently.

No news to excite about. When will the IR licence issue ? Any new waves within this week ?

 

Genting pay star cruise 225m, a good deal transacted for 25% equity. I think this 25% equity is worth at least 500m to 700 million if genting sold it to a usa casino operator. Based on the tourism figure and aggressive promotion of the IR, the return of investment for genting will be fast.  

 

Perhaps you would like to provide some insight?

 

This counter in particular will benefit much with good "seership"... :)

 

Be cautious for this one.... can't see any good signs in the TA charts.

 

Hope stalled bull can have it bull run n everyone win, thou not vested in this counter but on other counter. Meanwhile for some, ppl's will take this opportunties to take profit with almost 33% run up in d case of SC.

 

Hopfully everyone smiling :) by next mths, and the mths after. 88-90c and or above closing to a dollars, then everyone can have a bigger smile.:)) Acted in good faith n best regards. Hope every1 win.

 

teddytuby...

If by 'tomorrow' you mean the months ahead, then it is quite likely you are spot on, especially if the bull run is still in progress... :)

 

Time	Last	Volume	Bid/Ask
17:05:07	0.815	671,000	X
16:59:56	0.820	50,000	A
16:59:53	0.820	10,000	A
16:59:37	0.820	50,000	A
16:59:26	0.820	10,000	A
16:59:10	0.820	20,000	A
16:58:32	0.820	10,000	A
16:57:53	0.820	30,000	A

After namal trading time 17:05:07 deal goes on profit taking..:(

 

Tommorrow, this stock has a very great potential.

 

teddytube...you are right... :)

Charts just show the actual action that took place. We only try to find meaning in this past action. It is only one of the tools available. Another 'tool' is 'hearing the rumours early'.

For Gen Int, since it is an index component stock and a glamour stock, it is going to be a popular stock to play. It will remain  a 'staple' in many a portfolio.

 

 

Chart are not effective for some stock like genting. Friday, this stock supose to dip but it surge maybe due manila news on the casino. This stock depend very much on rumor and news. 

 

Hi Sporeguy,

Nope... I don't see any divergence in this one yet.

 

Waiting for genting to make announcement in sgx website about manila casino ....... .

 

This one darling stock which is a must for stock market players of all leaning, ie traders and investors alike.

 

In today paper, Manila to setup USD10B casino resort to be ready in two years time, they want to catch up with Singapore and Macau. As I said casino is very big market in ASIA. They had talk to Genting on this. This new may send genting stock higher on Monday. I think genting stock is worth $3 or more. Those bought at 8.05 to 8.15 are laughing all their way to the bank. Keep your stock and it will go higher. Casino are the IN thing, it get excited everyday. Casino will help singapore financial sector, labor market and economy, I strongly support our government for it. UK is imposing higher duty and I think make many casino operators unhappy, they will focus their investment in ASIA for quick return and reduce their business in UK. I think genting will sell their non casino asset soon to focus more on its core business. Once you got the license or one foot into the casino arena, many investors and bankers are queing behind supporting you knowing they can get their money back with good interest.