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GenSp starts to move up again

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BullishTempo
    31-Aug-2010 09:20  
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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.
 
 
 
starry1818
    31-Aug-2010 09:20  
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BT sifu, is it wise to buy now and sell if it reached 1.70? Thought of paying shorting. ;) Thanks for the advice.

BullishTempo      ( Date: 31-Aug-2010 09:11) Posted:

 

 

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:

cheong Arrrrrrrrrhhhhhhhhhhhhhh    $1.70??


 
 
BullishTempo
    31-Aug-2010 09:17  
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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
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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.
 

 
BullishTempo
    31-Aug-2010 09:11  
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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:

cheong Arrrrrrrrrhhhhhhhhhhhhhh    $1.70??

 
 
BullishTempo
    31-Aug-2010 09:08  
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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:

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:

Ha ha, dear comrade, any good reason why u sell?

No more people come to RWS, RWS luck going to get worst.? Or worst, gov imposes strict rule ,ie entrance fee to Casino for sporean increases to 1000 instead of 100? Wat else?



 
 
niuyear
    31-Aug-2010 09:06  
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cheong Arrrrrrrrrhhhhhhhhhhhhhh    $1.70??
 

 
BullishTempo
    31-Aug-2010 09:04  
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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:

Noted. Just check have this interesting comparing chart

Chart forGenting SP (G13.SI)



BullishTempo      ( Date: 30-Aug-2010 15:26) Posted:



 

 

GentingSP is part of STI.  STI up or down affects GentingSP


 
 
hlfoo2010
    31-Aug-2010 08:54  
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Noted. Just check have this interesting comparing chart

Chart forGenting SP (G13.SI)



BullishTempo      ( Date: 30-Aug-2010 15:26) Posted:



 

 

GentingSP is part of STI.  STI up or down affects GentingSP

 
 
niuyear
    31-Aug-2010 08:54  
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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:

Ha ha, dear comrade, any good reason why u sell?

No more people come to RWS, RWS luck going to get worst.? Or worst, gov imposes strict rule ,ie entrance fee to Casino for sporean increases to 1000 instead of 100? Wat else?



rolandchiau      ( Date: 30-Aug-2010 16:56) Posted:

Time to sell. Sold at $1.65...


 
 
Bon3260
    31-Aug-2010 08:45  
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Genting Sp there really has alot of fresh bloods...

('',)



epliew      ( Date: 31-Aug-2010 08:16) Posted:

Anyone, what is the next resistance/support level ?

 

 
BullishTempo
    31-Aug-2010 08:35  
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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:

Anyone, what is the next resistance/support level ?

 
 
epliew
    31-Aug-2010 08:16  
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Anyone, what is the next resistance/support level ?
 
 
teeth53
    30-Aug-2010 17:52  
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For a start Monday 30-8-2010. Pre-opening 
08:59:01 1.630 3,431,000 A
Closed after 5pm
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
 
 
Noob79
    30-Aug-2010 17:35  
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2nd Quarter already post strong profit.... wait for 3rd Quarter in Oct even more solid...defintely more upside...future blue chip...

Laulan      ( Date: 30-Aug-2010 14:18) Posted:

If you have enough cash to play, why not?

starry1818      ( Date: 30-Aug-2010 14:16) Posted:

So can still buy some more at the current price of 1.63?


 
 
pharoah88
    30-Aug-2010 17:33  
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GentIng  SP

0.5%  GDP

 

 
AK_Francis
    30-Aug-2010 17:33  
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Ha ha, real strong, Q at 1.65, near close, expired. Cheers.
 
 
pharoah88
    30-Aug-2010 17:29  
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ECONOMIC  MOAT



 

S$2.10

enOUgh Is enOUgh

 
 
pharoah88
    30-Aug-2010 17:24  
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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
 
 
AK_Francis
    30-Aug-2010 17:17  
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Ha ha, comrade, no issue, since u need the cash. AK old alrdy,  nothing much to spend, except Carlsberg in kopitiam. So keep ds burger loh.  Tks for the support. Cheers.

rolandchiau      ( Date: 30-Aug-2010 17:10) Posted:

sell & spend the $$$ first, and  FOR SURE will come back again.

AK_Francis      ( Date: 30-Aug-2010 17:07) Posted:

Ha ha, dear comrade, any good reason why u sell?

No more people come to RWS, RWS luck going to get worst.? Or worst, gov imposes strict rule ,ie entrance fee to Casino for sporean increases to 1000 instead of 100? Wat else?



 
 
rolandchiau
    30-Aug-2010 17:10  
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sell & spend the $$$ first, and  FOR SURE will come back again.

AK_Francis      ( Date: 30-Aug-2010 17:07) Posted:

Ha ha, dear comrade, any good reason why u sell?

No more people come to RWS, RWS luck going to get worst.? Or worst, gov imposes strict rule ,ie entrance fee to Casino for sporean increases to 1000 instead of 100? Wat else?



rolandchiau      ( Date: 30-Aug-2010 16:56) Posted:

Time to sell. Sold at $1.65...


 
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