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Genting will see the return on 201x...
StarCrusise will see the return on 200x...
Who will go up faster?
By the way, both will finally go Up Up Up.....
Ho Ho Ho...:)
Agreed, Genting has higher turnaround chance than StarCr.
Star Cruises will fall, genting will rise, you agreed with me?
KUALA LUMPUR, March 3 (Reuters) - Star Cruises Ltd., which along with sister firm Genting International Ltd. won a bid to build Singapore's second casino, may give up its 25 percent stake in the project, the Edge newspaper reported on Saturday.
The move will give Genting International full ownership of the casino resort in Singapore, leaving Star Cruises to pursue its tie-up with Macau gaming tycoon Stanley Ho.
Singapore's casino regulator said on Tuesday that the two Genting group companies that won the $3.4 billion casino project would be subject to "suitability checks" before they would be awarded a casino licence.
The regulator's statement was seen as a warning to Genting that it may not receive a casino licence -- potentially the most lucrative component of the entire resort -- following its unexpected tie-up with Ho last month.
The was an option the Genting group was considering to address regulatory concerns of the island state that Ho would have an indirect interest in Singapore's casino via Star Cruises, the Edge said.
Genting International and Star Cruises are units of Malaysia's gaming group Genting Bhd .
Genting International said on Thursday it had paid the final S$605 million instalment ($396.2 million) for the land and that it would ensure it met the requirements for a casino licence.
If approved, the plan will see Genting International focus on the Singapore project and Star Cruises on a hotel casino project in Macau.
($1=1.527 Singapore Dollar)
During market correction, it can stay at 0.7x and then surge up to 0.8x....
After market correction, will be back to 1.xx...
Genting....steady...cool....sweet.....:)
Why worry about Stanley from HK. He can own genting stock or star cruise from open market via an investment arm and nbobody can stop him or open account with broker house in singapore and buy those stock himself.
Genting International surged as hugh as 0.85 after it paid the final US$605 million instalment for the site where it is building the second casino and said that it would ensure it met requirements for a casino licence.
The news assured some investors that Genting would receive the licence in the end, dealers said.
Dear Victorf
Are you the Gu God.......Base on what kind of ground you so sure the directions..... Please explain.......
BU YAO HAI SHI REN
$0.74-$0.84 the "short term" battle between the BULLS & BEARS (LONGIST AND SHORTIST)...if LONGIST win, will break above $0.84 to reach above $1...if SHORTIST win, will break below $0.74 to reach $0.58..trade if you want but watch the trend...let's see and most likely will rangebound within this range $0.74-$0.84 within short term :) (only closing price counts)
China shock plus announcement tt Genting gets IR license but no guarantee of casino license equals ??? What a timing! Wish the Chinese govt can do something about the China Shock at 9.30am when market opens there.
| billywows Elite |
Posted: 28-Feb-2007 00:45 |
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Let's see how bloody Genting will get today when SGX opens ..... $ 0.72? |
Will go below OCBC TP of $0.75c liao, ppl's is look at 0.68c :((
SC, ppl's is predicting go to visit US$0.20c :((
Let's see how bloody Genting will get today when SGX opens ..... $ 0.72?
| KiLrOy Member |
Posted: 28-Feb-2007 00:03 |
| x 0 x 0 |
I am sure Genting will continue with the resort and work out the license issue if not now then later. SG is an opportunity for them to invest. Media reporting differently if you watch the news in M'sia. |
In M'sia is boss Lim. M'sia style Lim peh..."Yoo Lui lahh.."
Here a bit different lahh, abit and a little resticted (must listen more)
I am sure Genting will continue with the resort and work out the license issue if not now then later. SG is an opportunity for them to invest. Media reporting differently if you watch the news in M'sia.
Genting allowed to throw in 5 billion dollars to build a nice resort on Sentosa. If they are bankrupt I can name a few companies who might want to take over to operate the new casino with support of Singapore government.
Very smart of SG. Elimated the risk of Genting opening casino in JB. If Genting is smart they would give up now and take the loss of money already spend.
Too many problems it will end up being a sub 0.40 stock again with low low volume. :P
i think it is a goner with this kind of news...
but felt sorry for Genting - thought all the media telling everyone Genting got the "rights" to build casino at Sentosa? Now can twist & turn & say licence does not come with that rights? Similar to COE?
so sad but lucky though...almost went in today to buy
don't mess around with singapore government man... they got many tricks one.. Genting must learn this lesson hard.. better dont screw up this time, come on, just be good boy.. don't cause too many problems man..
Sure blood bath for Genting 2molo ....
I just heard news on CNA that the government has clarified that the license to develop the IR is different from the license to run it.