Genting Sing Last:0.74

-0.01

GenSp starts to move up again

I would like to know too.

Thks

dc16888 ( Date: 10-Aug-2010 20:30) Posted:

hi hpong5, what is bear trap? how to tell it is bear trap? thks in advance.

hpong5 ( Date: 10-Aug-2010 19:18) Posted:

It is a bear trap.

hi hpong5, what is bear trap? how to tell it is bear trap? thks in advance.

hpong5 ( Date: 10-Aug-2010 19:18) Posted:

It is a bear trap.

Genting SP

Symbol:
G13

Currency:
Singapore Dollar

Last:

1.28

+ 0.02

Vol (K): 75088.0

Trading
Updated Time	10-Aug 17:05
Open	1.27	High	1.29	Low	1.26
Prev Close	1.26	Buy	-	Sell	-
Volume(K)	75088.0	Buy Vol(K)	-	Sell Vol(K)	-
52 Wk High	1.3	52 Wk Low	0.815	52 Wk Avg Vol	46685.691
All Time High	1.32	All Time Low	0.295
Comments	Near 52 wk high

*Reporting Currency in SGD
Important: ShareJunction obtains our finance data from a third party. Check financial year before use. EPS values are recorded up to two decimal points.

Financials
Date Updated	30-Jul-2010	Financial Year	31-Dec-2009
Current Year Profit (After Tax) $'000,000	-277.565	Previous Year Profit (After Tax) $'000,000	-124.804
Net Asset Per Share	0.22	Turnover $'000,000	2010.9
Current Year EPS (After Interest and Tax)	-0.02	Previous Year EPS (After Interest and Tax)	-0.01
PE Ratio (After Tax)	-63.5	Times Covered	0.0
Price (at update time)	1.27	Dividend Yield	0.0

*Technical Analysis Information is updated Daily

Technicals
RSI	63.58	Williams %R	-38.46
Comments (RSI)	No Info	Comments (W%R)	No Info

Intraday Chart

Ha ha, sifu, well said, farsighted. Hence, wrong command, dun move. Yesterday NDP Parade Comdr, solid loh, loud n clear.

hpong5 ( Date: 10-Aug-2010 19:18) Posted:

It is a bear trap.

Every thing is possible!

pharoah88 ( Date: 10-Aug-2010 15:14) Posted:

DBS Vickers

S$1.60

UNBELIEVABLE

bUt nIce

News in Edge

Genting Singapore (G13.SG) +1.6% at $1.28 vs STI down 0.1% in anticipation of encouraging 2Q10 results, due Aug 12, which could help stock breach 52-week high of $1.32 set in January, says Dow Jones.

Beyond 2Q10 performance, DBS Vickers, which has Buy call, expects even stronger business in coming quarters as gaming group ramps up operations at Resorts World Sentosa. Research house notes RWS’ hotel occupancy consistently above 80% since opening, while gaming demand remains strong; “while Malaysians and Indonesians still make up the bulk of foreign patrons, we understand Chinese players are catching up fast.”

Raises FY10-12 earnings estimates by 30%-53% to assume higher daily win per table, increased contributions from higher-margin VIP segment, resulting in revised target price of $1.60 vs $1.25 previously.

I see a selldown coming...

Good that Genting is holding well at this level.

RWS is Doing Extremely Well
TEO Xuanwei

xuanwei@mediacorp.com.sg
JOHOR BAHRU
Genting Group chairman and chief executive Lim Kok Thay revealed this yesterday in his first public comments on the stalled attraction.
He added that, “fingers crossed”, the striking red and blue rails in the Universal Studios Singapore theme park would start rumbling again by December.
Still, that the star attraction has remained shut barely a week after the theme park opened in March has not hurt RWS, according to Mr Lim.
His assessment of the resort’s performance six months into its operations:
“Things are exceeding our own expectations.
RWS is doing extremely well.”
So well, in fact, that he is “quietly confident that we may have to revise upwards (our target of 13 million visitors a year)”.
While he declined to divulge how many have visited the IR so far, Mr Lim said, based on feedback, many guests have made return visits.
The car for the duelling roller-coaster ride is now under “major redesign” because tests have shown that it would not perform up to desired standards for safety.
The closure was not down to any mishap that happened, he stressed.
Asked if he had tweaked his gameplan for RWS after Marina Bay Sands (MBS) opened, he said he did not see the two IRs as competitors because they each served different markets.
“We don’t conduct our business and look at what MBS does. We just do our own things and do as best as we can.”
But, Mr Lim might have another card up his sleeve in the form of a new 175,000-sq-ft upscale shopping centre in Johor’s Iskandar region. He is jointly developing the shopping centre with US real estate giant Simon Property Group.
Called Johor Premium Outlets, the shopping belt — a short drive from Senai International Airport — will have as many as 90 “high-quality designer” stores when it opens by the end of next year. Also within his sights: Hotels, a theme park and a water park in the vicinity.
Speaking to MediaCorp at the ground breaking ceremony of the development yesterday, Mr Lim said his hope was for his latest project to complement RWS’ operations.

The IR will serve as a “catchment” to bring Singaporeans and tourists to Johor Premium Outlets, and vice-versa, he said, adding that there will be a shuttle deluxe coach service.— A “flaw in the design” of the car of the Battlestar Galactica roller- coaster is what’s keeping the star attraction in Resorts World Sentosa (RWS) grounded.

Hehe not sure if Mr Lim is doing a 1st qtr (this year 1st qtr) stunt again........

Quietly confident.......this word sound familiar....

pharoah88 ( Date: 05-Aug-2010 20:46) Posted:

By Channel NewsAsia, Updated: 05/08/2010

Battlestar Galactica grounded due to "flaw in design" of a car

SINGAPORE: Genting Group chairman and chief executive Lim Kok Thay said a "flaw in the design" of a car of the Battlestar Galactica is what’s keeping the star attraction in Resorts World at Sentosa (RWS) grounded.

He said he hoped the attraction at the Universal Studios Singapore theme park will start rumbling again by December.

It’s closure has not affected visitorship to RWS with crowds thronging the theme park.

He said RWS is doing extremely well.

So well, that he is "quietly confident that RWS may have to revise its target of 13 million visitors a year upwards". — CNA/vm

By Channel NewsAsia, Updated: 05/08/2010

Battlestar Galactica grounded due to "flaw in design" of a car

SINGAPORE: Genting Group chairman and chief executive Lim Kok Thay said a "flaw in the design" of a car of the Battlestar Galactica is what’s keeping the star attraction in Resorts World at Sentosa (RWS) grounded.

He said he hoped the attraction at the Universal Studios Singapore theme park will start rumbling again by December.

It’s closure has not affected visitorship to RWS with crowds thronging the theme park.

He said RWS is doing extremely well.

So well, that he is "quietly confident that RWS may have to revise its target of 13 million visitors a year upwards". — CNA/vm

VERY quiet? Shhhhh

watch the receivables section in the balance sheet in this quarters announcement.....

Heheh...what i meant is...sounds like a nice place to visit when completed. :)

dealer0168 ( Date: 04-Aug-2010 21:20) Posted:

Where the setup cost going to come from? Good new or bad new depends on it also.

But fr long term sound good.

hpong5 ( Date: 04-Aug-2010 17:29) Posted:

Sounds great

Where the setup cost going to come from? Good new or bad new depends on it also.

But fr long term sound good.

hpong5 ( Date: 04-Aug-2010 17:29) Posted:

Sounds great!

benjitan ( Date: 04-Aug-2010 17:27) Posted:

Announcement by Genting 4Aug2010:

We refer to our announcements dated 10 June 2010 and 30 June 2010, wherein we had announced that GENM’s indirect wholly-owned subsidiary, Genting New York LLC (“Genting NY”) had submitted a formal bid to the New York State Division of Lottery (“New York Lottery”) to develop and operate a video lottery facility at the Aqueduct Racetrack in the City of New York, United States of America (“Project”). On 3 August 2010, New York Lottery announced that its evaluation committee has unanimously recommended to the New York Governor that Genting NY be awarded the New York video lottery licence for the Project. Genting NY’s proposal included US$380 million as an upfront licencing fee. The recommendation will have to be approved by the New York Governor, the Temporary President of the New York State Senate and the Speaker of the New York State Assembly before the video lottery licence can be awarded. The video lottery facility at the Aqueduct Racetrack, to be called Resorts World New York, will contain 4,500 electronic slot machines, also known as video lottery terminals. Resorts World New York will also include a grand entrance featuring a three-story atrium with a spectacular water show, enclosed skyway pedestrian bridge linking to the mass transit system of New York , 450-seat two-storey festive casual dining promenade, two high-end restaurants, a sports bar restaurant and lounge and parking facilities for 7,000 cars including a 2,200 car garage. Genting NY will work closely with the relevant parties, including the operator of the Aqueduct Racetrack, the New York Racing Association and expects to open the preliminary phase of Resorts World New York 6 months after the licence has been awarded.

赢

在龙头

benjitan ( Date: 04-Aug-2010 17:27) Posted:

Announcement by Genting 4Aug2010:

We refer to our announcements dated 10 June 2010 and 30 June 2010, wherein we had announced that GENM’s indirect wholly-owned subsidiary, Genting New York LLC (“Genting NY”) had submitted a formal bid to the New York State Division of Lottery (“New York Lottery”) to develop and operate a video lottery facility at the Aqueduct Racetrack in the City of New York, United States of America (“Project”). On 3 August 2010, New York Lottery announced that its evaluation committee has unanimously recommended to the New York Governor that Genting NY be awarded the New York video lottery licence for the Project. Genting NY’s proposal included US$380 million as an upfront licencing fee. The recommendation will have to be approved by the New York Governor, the Temporary President of the New York State Senate and the Speaker of the New York State Assembly before the video lottery licence can be awarded. The video lottery facility at the Aqueduct Racetrack, to be called Resorts World New York, will contain 4,500 electronic slot machines, also known as video lottery terminals. Resorts World New York will also include a grand entrance featuring a three-story atrium with a spectacular water show, enclosed skyway pedestrian bridge linking to the mass transit system of New York , 450-seat two-storey festive casual dining promenade, two high-end restaurants, a sports bar restaurant and lounge and parking facilities for 7,000 cars including a 2,200 car garage. Genting NY will work closely with the relevant parties, including the operator of the Aqueduct Racetrack, the New York Racing Association and expects to open the preliminary phase of Resorts World New York 6 months after the licence has been awarded.

Sounds great!

benjitan ( Date: 04-Aug-2010 17:27) Posted:

Announcement by Genting 4Aug2010:

We refer to our announcements dated 10 June 2010 and 30 June 2010, wherein we had announced that GENM’s indirect wholly-owned subsidiary, Genting New York LLC (“Genting NY”) had submitted a formal bid to the New York State Division of Lottery (“New York Lottery”) to develop and operate a video lottery facility at the Aqueduct Racetrack in the City of New York, United States of America (“Project”). On 3 August 2010, New York Lottery announced that its evaluation committee has unanimously recommended to the New York Governor that Genting NY be awarded the New York video lottery licence for the Project. Genting NY’s proposal included US$380 million as an upfront licencing fee. The recommendation will have to be approved by the New York Governor, the Temporary President of the New York State Senate and the Speaker of the New York State Assembly before the video lottery licence can be awarded. The video lottery facility at the Aqueduct Racetrack, to be called Resorts World New York, will contain 4,500 electronic slot machines, also known as video lottery terminals. Resorts World New York will also include a grand entrance featuring a three-story atrium with a spectacular water show, enclosed skyway pedestrian bridge linking to the mass transit system of New York , 450-seat two-storey festive casual dining promenade, two high-end restaurants, a sports bar restaurant and lounge and parking facilities for 7,000 cars including a 2,200 car garage. Genting NY will work closely with the relevant parties, including the operator of the Aqueduct Racetrack, the New York Racing Association and expects to open the preliminary phase of Resorts World New York 6 months after the licence has been awarded.

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GenSp starts to move up again

Battlestar Galactica grounded due to "flaw in design" of a car

Battlestar Galactica grounded due to "flaw in design" of a car