GenSp starts to move up again

Do you read books about Warren Buffett too? 

This stock would have appealed a lot to Nicolas Darvas.

who used to buy more and more heavily into a stock

as it goes higher and higher.

In the end, he became a multi-multi-millionaire..

(You can google to know more about this man and his method)

Tags: City Developments | Genting Singapore | Genting Singapore Plc | Hongkong Land| Jardine Cycle & Carriage | Jardine Cycle and Carriage | ST Engineering

WRITTEN BY THE EDGE

WEDNESDAY, 01 SEPTEMBER 2010 13:32

Share this  Digg  Del.icio.us  StumbleUpon  Netscape  Yahoo  Technorati  Googlize this  Facebook Export PDF Print E-mail Gains across Asian markets keeping shares in Singapore above water, lifting even recently-bruised property stocks, says Dow Jones. Gainers outnumber decliners 2.6 to 1 in broad market. STI +0.8% at 2,973.06 midday, just off morning peak of 2,981, highest intraday level in 3 weeks. “We should see 3,000 soon, with an even chance of (this) year’s high of 3,043 being tested as well,” says AmFraser Securities strategist Najeeb Jarhom, but notes uncertainties over US economy still linger, “if the Obama Administration acts late in packaging fresh stimulus measures, Wall Street may come under pressure again by October or November, and the STI could pull back” to 2,800-2,900 after testing 3,000-3,043. Among component stocks, notable gainers include Genting Singapore (G13.SG), +3.0% at $1.74, Jardine C&C (C07.SG), +2.5% at $33.32, ST Engineering (S63.SG), +2.2% at $3.27. Among developers, CityDev (C09.SG) +1.5% at $11.10, Hongkong Land (H78.SG) +2.1% at US$5.48 ($7.4).

Tags: Dbs Group Holdings | Ezra Holdings | Genting Singapore Plc | Goldman Sachs Group Inc | Osim International | Yanlord Land Group | Yongnam Holdings

WRITTEN BY BLOOMBERG

WEDNESDAY, 01 SEPTEMBER 2010 12:52

Share this  Digg  Del.icio.us  StumbleUpon  Netscape  Yahoo  Technorati  Googlize this  Facebook Export PDF Print E-mail Singapore’s Straits Times Index rose 0.8% to 2,973.06 as of the 12:30 p.m. trading break. Six stocks gained for each that fell on the 30-member gauge. Shares on the measure trade at an average 14.4 times estimated earnings, compared with about 17.4 times at the beginning of the year, according to Bloomberg data. The following shares were among the most active in the market.    DBS Group Holdings (DBS SP), Southeast Asia’s biggest lender, gained 1.2% to $14.04. Goldman Sachs Group Inc. raised the stock to “buy” from “neutral.”   Ezra Holdings (EZRA SP), a provider of logistics services to the oil and gas industry, slumped 4.5% to $1.69 after the company said it will sell shares at a discount. The company said it plans to raise $155.3 million selling shares to existing shareholders at $1.18 a share.   Genting Singapore Plc (GENS SP), owner of one of two casino resorts in the city-state, climbed 3% to $1.74, set for its highest close on record, on speculation earnings will increase this quarter.   “We’re going to have the Formula 1 race this month,” said Carey Wong, an analyst at OCBC Investment Research. “That will boost revenue at the casino resorts. Third-quarter could be another strong quarter.”   Osim International (OSIM SP), Asia’s biggest maker of massage chairs outside of Japan, increased 2.6% to 99.5 cents. The company said it plans to acquire Asian health and lifestyle brands and bring them into China to increase its presence in the country.   Yanlord Land Group (YLLG SP), a China-based homebuilder, gained 0.6% to $1.77. The company said it sold 84%, or 361 of the 428 apartment units it started selling on Aug. 28 in Nanjing, China. The company generated 708.8 million yuan ($140.9 million) from the sale, it said.   Yongnam Holdings (YNH SP), a Singapore-based construction company, advanced 6.7% to 24 cents. The company said it won a $25 million contract to build a station for a new commuter train line.

Tags: Genting Singapore Plc

WRITTEN BY BLOOMBERG

WEDNESDAY, 01 SEPTEMBER 2010 12:48

Share this  Digg  Del.icio.us  StumbleUpon  Netscape  Yahoo  Technorati  Googlize this  Facebook Export PDF Print E-mail Genting Singapore Plc, owner of one of two casino resorts in the city-state, climbed to a record high on speculation earnings will increase this quarter. “We’re going to have the Formula 1 races this month,” said Carey Wong, an analyst at OCBC Investment Research. “That will boost revenue at the casino resorts. Third-quarter could be another strong quarter.”   Genting advanced 3.6% to $1.75, set for its highest close on record as of 12:22 p.m. in Singapore. The benchmark Straits Times Index gained 0.8%.

You are always very helpful.

It's time for a Carlberg and Chang Beer.

Cheers!

Ha ha, dear Ep, as sifu alrdy mentioned, the wavehead is formed. But on the otherhand, normally after the wave, expect subside liao. When, its diff to gauge, as ds burger got many players. It is not surprised if it dun follow the trend. U decide liao.

AK last try was 1.59, didn't make it. Mine some were 0.86 n the remainder acc at avg 1.16.

No game after lunch, needs to collect car fr serving n send for vicom inspection.

Buy up or buy direct, meaning u dun Q to buy at buyer px, instead u buy it at its seller px. Whereas, sell down or sell direct, meaning u dun Q your stock for seller px, u sell your stock at buyer px.

Above both actions sure Fill one, no headache or thinking is required.