
Big boys (ie. fund managers) are the ace market players...
hehehe...
BullishTempo ( Date: 24-Aug-2010 15:56) Posted:
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1.51 is support level. Can consider buying some at that price.
eastcivic ( Date: 24-Aug-2010 16:00) Posted:
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like cannot go below 1.53 leh...... :(
Genting S’pore off 3.1%; Sustainability eyed: NRA
Genting Singapore (G13.SG) off 3.1% at $1.54, but holding near last week’s 52-week high of $1.68, says Dow Jones.
While stock consistently among most active in Singapore, volume has come off substantially since reaching 15-month high of 682.8 million shares on Aug 13, day after gaming group announced return to profitability in 2Q10 with $396.5 million earnings.
“I think the main issue with Genting is whether the revenue it reported is sustainable. When a casino opens and is new, especially in Singapore, there is what I call the novelty effect,” says NRA Capital chairman Kevin Scully, referring to 2Q10 revenue of $979.3 million vs $120.1 million year earlier; “what is more important to me is sustainable revenue and profit, and we are likely to only see this in year 2 or 3 when the novelty wears off.”
Shares expected to hold above 10-day moving average, last at $1.48.
The BBs chu pattern siah. Everyone expect long in the end become a short.
GENTING GOING DOWN !!!!!!!!!!!!!
BullishTempo ( Date: 24-Aug-2010 15:39) Posted:
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eastcivic ( Date: 24-Aug-2010 15:33) Posted:
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You mean STI futures?
eastcivic ( Date: 24-Aug-2010 15:36) Posted:
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BullishTempo ( Date: 24-Aug-2010 15:34) Posted:
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Sure or not?
bishan22 ( Date: 24-Aug-2010 15:33) Posted:
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rolandchiau ( Date: 24-Aug-2010 15:31) Posted:
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Me TOO!
rolandchiau ( Date: 24-Aug-2010 15:31) Posted:
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Almost very tempted to short at 1.59 just now.. Wasted !!!
eastcivic ( Date: 24-Aug-2010 15:28) Posted:
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i not so pro lah... i am waiting to collect cheaper :D
genting chart is uptrend leh, i not so brave and pro to short it lah