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GenSp starts to move up again

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teeth53
    19-Aug-2010 09:01  
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Well, here it start of with....Range bound +0.01cent

Time Last Volume Bid/Ask
09:00:06 1.560 1,000 A
09:00:03 1.560 5,000 A
09:00:02 1.560 34,000 A
09:00:01 1.560 483,000 A
08:59:01 1.570 1,165,000 A
08:36:22 1.543 906,000 X
 
 
iPunter
    19-Aug-2010 08:58  
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What version are yo referring to?


hpong5      ( Date: 19-Aug-2010 08:45) Posted:

Hallo morning iPunter...which version are you?

iPunter      ( Date: 19-Aug-2010 06:07) Posted:



The real beauty of the stock market is that there is ample great opportunities to bet...

      which are always served on a platter...

            But placing a bet itself does not mean 'bao-jiak' (certain) outcome...

                  If it is certain, then all aunties, unclec and tai-tais will bet all their money...

                        including the money they have made... Smiley


 
 
moneybear
    19-Aug-2010 08:55  
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Casinos get such players every now and then... collecting the 25m from him is another matter....he he



louis_leecs      ( Date: 19-Aug-2010 08:30) Posted:

anyone noe who lost 25million within a few day at gentine setosa casinos,,,,,,,,,,,,,,,,,,,,,,,,,gentine catch the big fish

 

 
teeth53
    19-Aug-2010 08:52  
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Not many think alike...Better hope today (19-8-10) that Gent SP goback to $1.68c. A different of 11ct

Those bot this on a high, really has made bad decision to catch up, Yesterday high is $1.57c



teeth53      ( Date: 18-Aug-2010 23:05) Posted:

teeth53 thot. Just sharing my personnal opinion. This is only good for short term trading

Today +0.03c. Hope it go back beyond $1.68c (T+3 to T+....margin calling and force selling.)

Genting SP    1.540 1.550 +0.030c +2.0% Vol:146,165,000 839,000 1.540 1.550 3,554,000 1.570 1.510c

Trade Summary: Top most willing sellers / buyers at this range and nos of deal done.

1.540ct nos of deal-1,050 Vol:49,384,000 (Bid Vol)28,266,000

X-deal

450,000
(ask Vol)20,668,000


It lasted Mon 16-8-10 and till mid Tues afternoon (see below).

Last Tuesday 17-8-2010 (Closed at $1.52ct after hitting a high of $1.68ct)

Genting SP    1.580 1.520ct -0.060c -3.8% Vol:334,800,000 2,412,000 1.510 1.520 23,000 1.680c 1.510



teeth53      ( Date: 17-Aug-2010 09:37) Posted:

Genting SP 1.580 1.680 +0.100 +6.3 Vol-87,788,000 5,888,000 1.670 1.680 3,999,000 1.680 1.570


 
 
hpong5
    19-Aug-2010 08:45  
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Hallo morning iPunter...which version are you?

iPunter      ( Date: 19-Aug-2010 06:07) Posted:



The real beauty of the stock market is that there is ample great opportunities to bet...

      which are always served on a platter...

            But placing a bet itself does not mean 'bao-jiak' (certain) outcome...

                  If it is certain, then all aunties, unclec and tai-tais will bet all their money...

                        including the money they have made... Smiley

 
 
louis_leecs
    19-Aug-2010 08:30  
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anyone noe who lost 25million within a few day at gentine setosa casinos,,,,,,,,,,,,,,,,,,,,,,,,,gentine catch the big fish
 

 
iPunter
    19-Aug-2010 06:07  
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The real beauty of the stock market is that there is ample great opportunities to bet...

      which are always served on a platter...

            But placing a bet itself does not mean 'bao-jiak' (certain) outcome...

                  If it is certain, then all aunties, unclec and tai-tais will bet all their money...

                        including the money they have made... Smiley
 
 
AK_Francis
    19-Aug-2010 01:24  
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Ha ha, ds priod is not a good time for Short(Margin Call) or Contra(Force Buying).

pharoah88      ( Date: 19-Aug-2010 00:04) Posted:

DiD yOu  mean ?

rIsIng  prIces  frOm  S$1.53  and  hIgh ?

wIll  lead  tO  margIn  cAlls  ?

and  fOrced  buyIng ? 



teeth53      ( Date: 18-Aug-2010 23:05) Posted:

teeth53 thot. Just sharing my personnal opinion. This is only good for short term trading

Today +0.03c. Hope it go back beyond $1.68c (T+3 to T+....margin calling and force selling.)

Genting SP    1.540 1.550 +0.030c +2.0% Vol:146,165,000 839,000 1.540 1.550 3,554,000 1.570 1.510c

Trade Summary: Top most willing sellers / buyers at this range and nos of deal done.

1.540ct nos of deal-1,050 Vol:49,384,000 (Bid Vol)28,266,000

X-deal

450,000
(ask Vol)20,668,000


It lasted Mon 16-8-10 and till mid Tues afternoon (see below).

Last Tuesday 17-8-2010 (Closed at $1.52ct after hitting a high of $1.68ct)

Genting SP    1.580 1.520ct -0.060c -3.8% Vol:334,800,000 2,412,000 1.510 1.520 23,000 1.680c 1.510



 
 
pharoah88
    19-Aug-2010 00:04  
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DiD yOu  mean ?

rIsIng  prIces  frOm  S$1.53  and  hIgh ?

wIll  lead  tO  margIn  cAlls  ?

and  fOrced  buyIng ? 



teeth53      ( Date: 18-Aug-2010 23:05) Posted:

teeth53 thot. Just sharing my personnal opinion. This is only good for short term trading

Today +0.03c. Hope it go back beyond $1.68c (T+3 to T+....margin calling and force selling.)

Genting SP    1.540 1.550 +0.030c +2.0% Vol:146,165,000 839,000 1.540 1.550 3,554,000 1.570 1.510c

Trade Summary: Top most willing sellers / buyers at this range and nos of deal done.

1.540ct nos of deal-1,050 Vol:49,384,000 (Bid Vol)28,266,000

X-deal

450,000
(ask Vol)20,668,000


It lasted Mon 16-8-10 and till mid Tues afternoon (see below).

Last Tuesday 17-8-2010 (Closed at $1.52ct after hitting a high of $1.68ct)

Genting SP    1.580 1.520ct -0.060c -3.8% Vol:334,800,000 2,412,000 1.510 1.520 23,000 1.680c 1.510



teeth53      ( Date: 17-Aug-2010 09:37) Posted:

Genting SP 1.580 1.680 +0.100 +6.3 Vol-87,788,000 5,888,000 1.670 1.680 3,999,000 1.680 1.570


 
 
pharoah88
    18-Aug-2010 23:21  
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Tuesday: 17 AUGUST 2010

SOLD DOWN from S$1.68  to  S$1.52

If it is based On  T+3  Or  T+5,  can the DATES and PRICES bOught  be  TRACED ?

lOOking  back,   4  tO  6  days agO,  ALL  buying  were  at  lOwer  PRiCES ?

sO  they are   profIt  takIng  rather  than  margIn  callIng  and  fOrced  sellIng ?



teeth53      ( Date: 18-Aug-2010 23:05) Posted:

teeth53 thot. Just sharing my personnal opinion. This is only good for short term trading

Today +0.03c. Hope it go back beyond $1.68c (T+3 to T+....margin calling and force selling.)

Genting SP    1.540 1.550 +0.030c +2.0% Vol:146,165,000 839,000 1.540 1.550 3,554,000 1.570 1.510c

Trade Summary: Top most willing sellers / buyers at this range and nos of deal done.

1.540ct nos of deal-1,050 Vol:49,384,000 (Bid Vol)28,266,000

X-deal

450,000
(ask Vol)20,668,000


It lasted Mon 16-8-10 and till mid Tues afternoon (see below).

Last Tuesday 17-8-2010 (Closed at $1.52ct after hitting a high of $1.68ct)

Genting SP    1.580 1.520ct -0.060c -3.8% Vol:334,800,000 2,412,000 1.510 1.520 23,000 1.680c 1.510



teeth53      ( Date: 17-Aug-2010 09:37) Posted:

Genting SP 1.580 1.680 +0.100 +6.3 Vol-87,788,000 5,888,000 1.670 1.680 3,999,000 1.680 1.570


 

 
teeth53
    18-Aug-2010 23:05  
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teeth53 thot. Just sharing my personnal opinion. This is only good for short term trading

Today +0.03c. Hope it go back beyond $1.68c (T+3 to T+....margin calling and force selling.)

Genting SP    1.540 1.550 +0.030c +2.0% Vol:146,165,000 839,000 1.540 1.550 3,554,000 1.570 1.510c

Trade Summary: Top most willing sellers / buyers at this range and nos of deal done.

1.540ct nos of deal-1,050 Vol:49,384,000 (Bid Vol)28,266,000

X-deal

450,000
(ask Vol)20,668,000


It lasted Mon 16-8-10 and till mid Tues afternoon (see below).

Last Tuesday 17-8-2010 (Closed at $1.52ct after hitting a high of $1.68ct)

Genting SP    1.580 1.520ct -0.060c -3.8% Vol:334,800,000 2,412,000 1.510 1.520 23,000 1.680c 1.510



teeth53      ( Date: 17-Aug-2010 09:37) Posted:

Genting SP 1.580 1.680 +0.100 +6.3 Vol-87,788,000 5,888,000 1.670 1.680 3,999,000 1.680 1.570

 
 
pharoah88
    18-Aug-2010 22:53  
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Playing for the BIG STAKES

Testing and certification ensures a high level of integrity and fairness in the gaming industry

FOR Weike Gaming Technology, testing and certification are important parts of the business as they allow the company to compete in the highly-regulated casino industry.

Founded in 1998, Weike designs, develops and manufactures gaming products such as slot machines, electronic table gaming machines and network systems for Asian markets such as Singapore, Macau, the Philippines and Malaysia.

According to chief executive David Kinsman (picture), the company’s client list includes top gaming operators such as Las Vegas Sands and the Genting Group, and sales are forecast to reach US$20 million ($27.1 million) this year.

Testing and certification are of utmost importance for the gaming manufacturer as all its products need to comply with various international and country regulations, Mr Kinsman said. In Singapore, Weike’s gaming equipment is certified to the Casino Regulatory Authority’s technical standards.

Gaming machines are first assessed on whether they match regulatory technical standards. Then, they are subjected to platform integrity testing”, which includes electrical safety. Finally, there is a round of mathematical testing to ensure that the machines operate as they are designed to do.

Testing and certification can also help elevate the standards of manufacturing.

In the case of Weike, industry best practices were introduced to its manufacturing process to improve the quality and performance of the company’s products.

This helped Weike bag the 2009 Best Asian Manufacturer Award by Inside Asian Gaming magazine, Mr Kinsman added. Testing, certification made easy

However, the testing and certification process has not been easy for Weike. Each piece of gaming equipment that Weike produced had to be sent to the United States or Australia for the procedure.

“As gaming machines are typically bulky and heavy, it is costly to ship them around. It is also very time consuming,” said Mr Kinsman.

So it was good news to Weike in April this year, when the Singapore Accreditation Council (SAC) granted accreditation to the first gaming testing laboratory in Singapore, BMM Compliance.

BMM has been assessed under SAC’s Accreditation Scheme for Gaming Laboratories, which is based on international standard ISO/IEC 17025. It covers both the management system and the technical capability of the laboratories.

Here, the BMM laboratory provides an easily-accessible facility for Weike to test its products for various regulated markets around the world.

“Having a laboratory at our doorstep makes the entire process simpler and faster. We can also work closely with them to improve on our products quickly,” Mr Kinsman said.

Betting on future growth

With some 60 casinos and 340 clubs in Asia, the gaming industry is poised for further growth. Estimated gaming machine sales for the region average between US$50 million and US$75 million annually.

The presence of gaming testing laboratories in Singapore will also attract other gaming machine manufacturers to set up operations here, said Mr Kinsman.

 
 
ta4stocks
    18-Aug-2010 20:50  
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A showdown... Smiley
 
 
iPunter
    18-Aug-2010 20:10  
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When the spirits of the hungry bears possess enough people,

       they will act according to their dispositions... Smiley


 
 
ta4stocks
    18-Aug-2010 17:00  
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Bear seems to be in control with STI open high and pushed down to about 2925.
 

 
iPunter
    18-Aug-2010 16:57  
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Imagine the sheepish bear with its tail curled down below between the legs... Smiley
 
 
shadowmoon
    18-Aug-2010 16:52  
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Seems like the bear is kept at bay today..............

See how things goes next few days.....

Cheers.
 
 
pharoah88
    18-Aug-2010 16:16  
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Daily Technical Watch: Genting M’sia

¨       Fresh bullish breakout from the RM2.68–2.96 sideways range.

¨       Immediate Support at RM2.96         

¨       Immediate Resistance at RM3.20  



pharoah88      ( Date: 18-Aug-2010 15:22) Posted:

Genting Malaysia:

¨       Gets outstanding approvals for US racino.

¨       Maintain fair value for GM at RM3.00 and Market Perform recommendation.


 
 
pharoah88
    18-Aug-2010 15:59  
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SAGE  ENLIGHTENMENT

loyfam88      ( Date: 18-Aug-2010 10:12) Posted:

Sounds like a left pocket to right pocket to me.

But maybe the corporate tax is more favorable in Singapore so they are doing that do. So we should see better results from Genting SP.



benjitan      ( Date: 18-Aug-2010 09:45) Posted:



Let your head rule, not your heart, do not get emotional. Sudden change of price (sliding down yesterday) is normal, due to many reason - profit taking, fear, some people just love to short plus historical behaviour of this counter. When there is fear, it means good time to buy for some people.

Let your head rule, not your heart.

Today EGM @ 10am. If the resolution of the Proposed Divestment of UK Casino Operations is passed, it is a good thing for Genting SP (Spore).

But of course, Genting Msia is expected to slide, as it is the purchaser.


 
 
pharoah88
    18-Aug-2010 15:54  
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*TYPO  CORRECTION*

Independent Director  who CHAIRED the EGM  is 

also the PROXY of more than 2 BILLION shares held by funds,

which VOTED  "GO".



pharoah88      ( Date: 18-Aug-2010 15:49) Posted:

Independent Director  who CHAIRED the EGM  is  also the PROXY of more than 2 Million shares held by funds, which VOTED  "GO".

jm2212      ( Date: 18-Aug-2010 12:29) Posted:

attended the EGM, some small share holders not happy with no dividen pay out since day 1, also complained that the sales should not be in a hurry since uk operation is profitable, coupled with the exchange loss. anyway, their voices were heard but ultimate decision is still a GO


 
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