Shares of Genting climbed 4% to 9.40 ringgit ($4.05) at 3:40 p.m. local time in Kuala Lumpur trading. Macquarie raised its 2011 EBITDA forecast for Genting Singapore Plc by 23%, Macquarie said in a report dated Aug. 27.

Genting Singapore Plc (GENS SP), owner of one of two casino resorts in the city-state, increased 3.8% to $1.66, its highest close on record. Macquarie Group raised its share- price forecast to $2.10 from $1.60 and maintained its “outperform” rating.
BullishTempo ( Date: 31-Aug-2010 09:11) Posted:
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Genting Bhd. rises to record on Singapore unit’s profit prospects |
Tags: Genting Bhd | Genting Singapore Plc | Macquarie Group
WRITTEN BY BLOOMBERG |
MONDAY, 30 AUGUST 2010 17:25 |
Genting Bhd., Asia’s third-biggest casino operator, rose to a record after Macquarie Group increased its 2011 earnings forecast for the company’s Singapore unit, citing higher margin assumptions. Shares of Genting climbed 4% to 9.40 ringgit ($4.05) at 3:40 p.m. local time in Kuala Lumpur trading. Macquarie raised its 2011 EBITDA forecast for Genting Singapore Plc by 23%, Macquarie said in a report dated Aug. 27. |
The BBs are in today. 8 Million bought from seller at 1.65 at market pre-open. I have a long position, let us enjoy the ride up !!!!
niuyear ( Date: 31-Aug-2010 09:06) Posted:
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Thanks for the news! We knew this also from National Day Rally speech on Sunday. Did you short the property counters yesterday?
niuyear ( Date: 31-Aug-2010 08:54) Posted:
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Yes this chart, tells you that at times GentingSP has the same trend as STI, at other times, it may go in the opposite direction as STI. But still, we should still keep track of STI to know where the general market is going.
hlfoo2010 ( Date: 31-Aug-2010 08:54) Posted:
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Noted. Just check have this interesting comparing chart
BullishTempo ( Date: 30-Aug-2010 15:26) Posted:
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Use your CHARM to charm the pretty girls there, see if they can give you 50% discount from the Levy fee .
No way government will impose more rules on Casinos like that of Property.
The worst impact of today's news is those who are private property owners and are looking to buy resale flats. How on earth is this going to work? They have to sell their property within 6 motnhs on buying a resale HDB Flat ??? Can they make it in time to sell their private property? What if they cant sell off their private?
The best choice is DONT buy private property for one looses out lots of benefits...like those 'Ang Pow' government give out most are those staying in 3 rooms or 4 room flats owners............
Unless have extra money to buy , if not, buying Private property is like digging own grave's yard.. Quite a number of people i know already put off the idea buying private property becos of the many restrictions.
AK_Francis ( Date: 30-Aug-2010 17:07) Posted:
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Genting Sp there really has alot of fresh bloods...
('',)
epliew ( Date: 31-Aug-2010 08:16) Posted:
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Resistance 1.68, Support 1.60.
Changes every day, so you have to do your due diligence.
epliew ( Date: 31-Aug-2010 08:16) Posted:
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For a start Monday 30-8-2010. Pre-opening
08:59:01 | 1.630 | 3,431,000 | A |
17:05:02 | 1.660 | 5,406,000 | A |
Genting SP | 1.630 | 1.660 | +0.060c | +3.8% | Vol-100,315,000 | 1,709,000 | 1.650 | 1.660 | 1,284,000 | 1.660 | 1.620 |
Laulan ( Date: 30-Aug-2010 14:18) Posted:
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GentIng SP
0.5% GDP
ECONOMIC MOAT
S$2.10
enOUgh Is enOUgh
Monday: 30 AUGUST 2010 CLOSING
100,315,000
S$1.660 +S$0.060
Day Hi S$1.660
Day Lo S$1.620
Price | Trades | Volume | Sold to Buyer | Mid | Bought from Seller |
1.620 | 20 | 193,000 | 193,000 | 0 | 0 |
1.630 | 499 | 21,833,000 | 11,717,000 | 0 | 10,116,000 |
1.638 | 1 | 12,000 | 0 | 12,000 | 0 |
1.640 | 1,183 | 48,073,000 | 20,904,000 | 0 | 27,169,000 |
1.641 | 1 | 19,000 | 0 | 19,000 | 0 |
1.642 | 1 | 6,000 | 0 | 6,000 | 0 |
1.645 | 5 | 436,000 | 0 | 436,000 | 0 |
1.648 | 2 | 32,000 | 0 | 32,000 | 0 |
1.649 | 3 | 146,000 | 0 | 146,000 | 0 |
1.650 | 524 | 20,037,000 | 1,066,000 | 0 | 18,971,000 |
1.655 | 1 | 11,000 | 0 | 11,000 | 0 |
1.656 | 1 | 26,000 | 0 | 26,000 | 0 |
1.659 | 1 | 18,000 | 0 | 18,000 | 0 |
1.660 | 75 | 9,473,000 | 0 | 0 | 9,473,000 |
TOTAL | 2,317 | 100,315,000 | 33,880,000 | 706,000 | 65,729,000 |
rolandchiau ( Date: 30-Aug-2010 17:10) Posted:
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AK_Francis ( Date: 30-Aug-2010 17:07) Posted:
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