Post Reply
13781-13800 of 23260
Buy calling from risktaker. Better quickly go and
buy as much as you can. Wait I go and buy and
you sell, how?????? I will be carrying unwanted
babies, haha
risktaker ( Date: 06-Jul-2010 19:12) Posted:
JPM upgrade Genting SP to $1.45 - Many Ang Mo house is more and more bullish :P
That day Genting Crack $1.20 is not for "song - in hokkien" :P - Getting more and more interesting now as its business improved. |
|
What does that suppose to mean??????
AnthonyTan ( Date: 05-Jul-2010 10:08) Posted:
|
Genting Sp divest its entire UK casino operation for S$688.8m
Book an excess over book value of around S$103m
Can anyone pl. explain "it will also recognize a non-cash
exchang translation loss of S$338.8m". Kam siah (thank you)
pharoah88 ( Date: 05-Jul-2010 09:05) Posted:
Genting Singapore: Selling off UK operations
Summary: Genting Singapore (GS) has entered into a conditional sale and purchase agreement to divest its entire UK casino operations for £340m (or S$688.8m). If the proposed divestment is completed, GS will receive net proceeds of ~S$688.8m and will book an excess over book value of around S$103.6m. However, it will also recognize a non-cash exchange translation loss of ~S$338.8m. But we are not overly concerned as we view the sale as an exceptional item; we also agree with management’s intention to focus its energy on RWS and also opportunities in the region, as gaming here is still likely to experience good growth prospects. Assuming the deal is completed, we expect it to reduce our FY10 sales estimate by 24% but increase our net profit estimate by 13% as margins would improve ex-UK operations. As we also believe that GS is likely to spend less in capex without its UK operations, our DCF-based fair value rises from S$1.29 to S$1.34. Maintain BUY. (Carey Wong)
|
|
|
|
i think august might be a good time to see a big spike...
risktaker ( Date: 06-Jul-2010 19:12) Posted:
JPM upgrade Genting SP to $1.45 - Many Ang Mo house is more and more bullish :P
That day Genting Crack $1.20 is not for "song - in hokkien" :P - Getting more and more interesting now as its business improved. |
|
From another
From another school of thought.
It depend on which one you would like to listen.
AnthonyTan ( Date: 05-Jul-2010 09:23) Posted:
|
BY MORGAN STANLEY RESEARCH ASIA/PACIFIC
Genting Sp is the most expensive stock in gaming coverage
universe (16X2011e EV/EBITDA)
Yet ppls are buying, why??????
For the future?????? no body can tell, float or sink
pharoah88 ( Date: 05-Jul-2010 09:05) Posted:
Genting Singapore: Selling off UK operations
Summary: Genting Singapore (GS) has entered into a conditional sale and purchase agreement to divest its entire UK casino operations for £340m (or S$688.8m). If the proposed divestment is completed, GS will receive net proceeds of ~S$688.8m and will book an excess over book value of around S$103.6m. However, it will also recognize a non-cash exchange translation loss of ~S$338.8m. But we are not overly concerned as we view the sale as an exceptional item; we also agree with management’s intention to focus its energy on RWS and also opportunities in the region, as gaming here is still likely to experience good growth prospects. Assuming the deal is completed, we expect it to reduce our FY10 sales estimate by 24% but increase our net profit estimate by 13% as margins would improve ex-UK operations. As we also believe that GS is likely to spend less in capex without its UK operations, our DCF-based fair value rises from S$1.29 to S$1.34. Maintain BUY. (Carey Wong)
|
|
|
|
JPM upgrade Genting SP to $1.45 - Many Ang Mo house is more and more bullish :P
That day Genting Crack $1.20 is not for "song - in hokkien" :P - Getting more and more interesting now as its business improved.
It's easy to make money in the stock market...
It is also easier to lose money...
hehehe...
Watch out , gelong going on. hahaha
alooloo ( Date: 05-Jul-2010 17:30) Posted:
gelong somemore.... 1.13 then now 1.15....
freshmind ( Date: 05-Jul-2010 17:14) Posted:
True. SGX lack of interesting counter like Genting sp. Without this counter, it is really a bit boring... hahaha |
|
|
|
Share px. well supported because of the herd instinct
mentality. They hear ppl say good, they never check,
they never consider and they buy.Sometime they might
turn out to be winner
alexchia01 ( Date: 06-Jul-2010 11:37) Posted:
Currently, Genting SP has a higher chance of falling down than going up.
If you brought in May or early Jun then you are a Big Winner.
Now is a bit too late.
|
|
No News mean
GOOD NEWS 
LOL
There seems to be something up their sleeves.
The price is still being supported.
Wonder what's the next news?
As long as it hits the higher price, will just sell out all my shares and switch to other counters, let the hardworking fools to follow, haha.
niuyear ( Date: 06-Jul-2010 11:17) Posted:
oh, you think it will not touch 1.20 but, will touch higher is it? hahaha!
AnthonyTan ( Date: 06-Jul-2010 11:00) Posted:
|
My gut feeling tell me that it will not touch $1.20
this week. Anyway, let's wait and see.
Maybe on the quiet side, I can start collecting
bets. |
|
|
|
Currently, Genting SP has a higher chance of falling down than going up.
If you brought in May or early Jun then you are a Big Winner.
Now is a bit too late.
higher is definitely possible, just a question of when would that happen....
make sure you holding some of the stock before that...
Question now is, do you think it can earn 1B from RWS in FY10?
how about FY11 or FY12? any chance?
niuyear ( Date: 06-Jul-2010 11:17) Posted:
oh, you think it will not touch 1.20 but, will touch higher is it? hahaha!
AnthonyTan ( Date: 06-Jul-2010 11:00) Posted:
|
My gut feeling tell me that it will not touch $1.20
this week. Anyway, let's wait and see.
Maybe on the quiet side, I can start collecting
bets. |
|
|
|
oh, you think it will not touch 1.20 but, will touch higher is it? hahaha!
AnthonyTan ( Date: 06-Jul-2010 11:00) Posted:
|
My gut feeling tell me that it will not touch $1.20
this week. Anyway, let's wait and see.
Maybe on the quiet side, I can start collecting
bets.
risktaker ( Date: 06-Jul-2010 05:44) Posted:
| we may test 1.20 again..... sometime this week : |
|
|
|
My gut feeling tell me that it will not touch $1.20
this week. Anyway, let's wait and see.
Maybe on the quiet side, I can start collecting
bets.
risktaker ( Date: 06-Jul-2010 05:44) Posted:
we may test 1.20 again..... sometime this week :)
niuyear ( Date: 05-Jul-2010 22:22) Posted:
|
BBs in this counter never fail to entertain us. I went to watch Karate Kids must pay $10 per ticket, here, i watch free.
But, i am still aiming for 1.25...........is this cheap enough ? LOL! |
|
|
|
This counter is more dramatic than the mediacorp drama. Let's see how the BBs and greedy ppl react in recent bearish market.
AnthonyTan ( Date: 06-Jul-2010 10:44) Posted:
Those who bought high last week, payments are due
this week lol. |
|
I was tempted to buy when it rallied to 1.20. Luckily I didn't becuase I sold cheap before it cheonged.
AnthonyTan ( Date: 06-Jul-2010 10:44) Posted:
Those who bought high last week, payments are due
this week lol. |
|
Those who bought high last week, payments are due
this week lol.
we may test 1.20 again..... sometime this week :)
niuyear ( Date: 05-Jul-2010 22:22) Posted:
|
BBs in this counter never fail to entertain us. I went to watch Karate Kids must pay $10 per ticket, here, i watch free.
But, i am still aiming for 1.25...........is this cheap enough ? LOL!
freshmind ( Date: 05-Jul-2010 17:14) Posted:
True. SGX lack of interesting counter like Genting sp. Without this counter, it is really a bit boring... hahaha |
|
|
|
BBs in this counter never fail to entertain us. I went to watch Karate Kids must pay $10 per ticket, here, i watch free.
But, i am still aiming for 1.25...........is this cheap enough ? LOL!
freshmind ( Date: 05-Jul-2010 17:14) Posted:
True. SGX lack of interesting counter like Genting sp. Without this counter, it is really a bit boring... hahaha |
|
