Genting Sing    Last:0.725   -

GenSp starts to move up again

If you want to Buy Genting Sp, you should have brought it in May.

Surprising that Genting Sp actually performs pretty well in May, when the entire market was falling.

Now, it's a too late to Buy this counter.

This is just my personal view. You invest at your own risk.

 

Genting reaches short term resistance at around $1.16 now...those who purchases at near 91 cents last month will obtain a gain of 16.5% ..very good return by any measure (almost eqv to 200% gain per year if based on opportunity cost) ....one will have to look at relevant support and resistance to trade the stock now as it still a speculative stock....now position as neutral as "parking" in place for next move...good luck :)

 

victorf Veteran	28-May-2010 09:05      About victorf      Contact       Quote!
x 0 x 0 Alert Admin	recommend buy on dip for genting (gaming)...we like genting and have been buying this counter....final nail will be put into the shortists by next week....good luck :)

 

i think not only genting is a bursting balloon, the whole market is gonna burst soon leh.. any advice or comments feel free to post it out man.. i dont dare to long.. cause might just "burst" anytime i think.

freshmind      ( Date: 21-Jun-2010 12:41) Posted: Yap.  Just like a balloon, blow until...  sinetic8      ( Date: 21-Jun-2010 12:22) Posted: each day rises 2-3 cents, in no time will rise till 1.30 liao.. keep it up genting.

 

Yap.  Just like a balloon, blow until... 

sinetic8      ( Date: 21-Jun-2010 12:22) Posted: each day rises 2-3 cents, in no time will rise till 1.30 liao.. keep it up genting.

 

each day rises 2-3 cents, in no time will rise till 1.30 liao.. keep it up genting.

 

Em... from recent rally,  low trading volume and US weak economy data, I think I got the answer already...  Hope your guys too...

alooloo      ( Date: 21-Jun-2010 11:37) Posted: you can refer to this stock history around Jan - Feb period...   Things repeat itself... freshmind      ( Date: 21-Jun-2010 11:34) Posted: In am wondering and eager to know what will be the outcome if shares keep going up without strong fundamental support?  Now a lot of counters' share prices been controlled by the BBs in the absence of retail buyers? Will the end result be good or bad?

 

Like Jan/Feb?!  You mean the longer time we wait at sideline -> the higher the price been pushed up-> until at certain high price, we been convinced and all jumped in like crazy to buy -> than dropped like lausai

 

you can refer to this stock history around Jan - Feb period...

 

Things repeat itself...

freshmind      ( Date: 21-Jun-2010 11:34) Posted: In am wondering and eager to know what will be the outcome if shares keep going up without strong fundamental support?  Now a lot of counters' share prices been controlled by the BBs in the absence of retail buyers? Will the end result be good or bad?

 

In am wondering and eager to know what will be the outcome if shares keep going up without strong fundamental support?  Now a lot of counters' share prices been controlled by the BBs in the absence of retail buyers? Will the end result be good or bad?  

 

yes, universal draws different feedbacks, Americans complaint about it, as the rides are not all opened and it's hot and crowded. but Asians, like Thai and indians have no complaint cos they don't have it yet. But hope it's not going to be the same as the service in Sentosa's logistic. The sentosa bus sevices taking visitors from atraction to attractions hardly improved because they engage parttime workers who are students, they are there to tell you the obvious things and not helping to solve some choatics matters about the queue. Many times just one staff to man the station and the cordon is not there and there are cutting queue and unclear of signages for the blue and red and purple lines as the queues were all mixed up. Had complaint for years but never improved. Even feed back to one of the manager but nothing much improved. I always feel that many service related authorities shouldn't sit in the cosy office to do planning , they should spend one day out in the front to study the situation....but....

jm2212      ( Date: 20-Jun-2010 19:39) Posted: i brought my family to universal studio today, and see so huge crowd outside the casino, they're recruiting people to join membership, many foreign workers also happily signed up. RWS definitely has huge potential, only concern is how well can their UK operations perform

 

 

 Those doesn't help in this stock...

People won't go casino if they have clear idea how casino make money...

freshmind      ( Date: 21-Jun-2010 11:24) Posted: Recently, many counters share price keep flying high with very low transaction volume, any fair risks analyze and comments?

 

I am glad Zhuo Yu is back today :)

 

Recently, many counters share price keep flying high with very low transaction volume, any fair risks analyze and comments?

 

UK operations have been improving.

At last 2010 AGM, COO said Genting Singapore is looking into restructuring the UK operations.

As long UK breaks even, everything will be fine.

In fact, it is possible for UK to make a small profit.

 

i brought my family to universal studio today, and see so huge crowd outside the casino, they're recruiting people to join membership, many foreign workers also happily signed up. RWS definitely has huge potential, only concern is how well can their UK operations perform 

 

1.14 should be crack tomorrow - But i wonder ............. really wonder will they play it over 1.21 :)

 

risktaker      ( Date: 15-Jun-2010 15:12) Posted: I cant tell u who buy up 10,000 million shares @ 1.10 but i can tell u its Foreign BB ... follow by few million shares per TX Do you think they eat up for "SONG" in Hokkien. (1.14 - 1.21) is my estimated price for them to get out. BOSAYOR

 

Gaming counter ought to be good prospects.

 

Ha ha, Germany oh bak kak, Rooney dun look like him in WC. Hope people switch interest loh.

Ds burger low vol, but still got support, may be foreseeing good 2Qtr profit in RWS,BBs still around. However, UK n Cairo business r still pulling its legs. Avoids all eggs into a bucket, be wise. Short term for coffee, not a bad idea loh.

 

And this is exactly why this baobei is the ideal counter for enjoyable betting...