Genting Sing    Last:0.595    -0.005

GenSp starts to move up again

Haha, iPunter,you're so right.That's greed,I should have sell at least 40-50% at $1.30 , but instead I get greedy and only sold 10%.Guess that's human nature.

iPunter      ( Date: 08-May-2010 13:37) Posted: If and when the price does reach the break-even point of purchase... by which time the market sentiment will be so euphoric and carnivally bullish that no ordinary mortal will want to sell anything at sych a 'low' price...  This is an eternal truth humanly hard to accept... hehehe...  gabjen      ( Date: 08-May-2010 12:40) Posted: Hope you're right,the last time too greedy to wait for $1.50, only managed to dump 10% of this counter before the down trend.These time if it ever goes back to $1xx will probably sell some to get back capital then hold out the rest as bonus.

 

Dun worry. Big wave C not yet. Stil another up leg to go. But must wait for fire to blow over...

WLBO_BB      ( Date: 08-May-2010 11:10) Posted: Ops!... kanna caught... but i believe there are some good soul here just wanted to help others to earn some money here.... for me, i tin the currently price is too high for my liking.... if suay suay the stupid wave c or wave C come... big fat genting will drop very fast or drop till very low... gabjen      ( Date: 08-May-2010 11:02) Posted: There's always 2 groups of ppl here holding opposite opinions .Those who bought $1 and above will wish for the bull and those who waiting to buy or short will wish for the bear,can never agree.

 

If and when the price does reach the break-even point of purchase...

by which time the market sentiment will be so euphoric and carnivally bullish that no ordinary mortal will want to sell anything at sych a 'low' price... 

This is an eternal truth humanly hard to accept...

hehehe... 

gabjen      ( Date: 08-May-2010 12:40) Posted: Hope you're right,the last time too greedy to wait for $1.50, only managed to dump 10% of this counter before the down trend.These time if it ever goes back to $1xx will probably sell some to get back capital then hold out the rest as bonus.

 

Good advice is neither 'nice' or 'not nice'...

Neither is good advice 'evil'...

Knowing the real underlying (beastly) nature of the stock market is the best knowledge one can acquire in a lifetime...

And anyone should be fortunate, and be forever thankful, to have anyone dispense such good advice in the form of a reminder of the beastly or potentially beastly nature of the stock market...

But when under the overwhelming influence of an urgent desire to make good money, it is normal for individuals to consider such advice extremely 'evil'...

hehehe...

gabjen      ( Date: 08-May-2010 11:34) Posted: Haha,agreed,there are some nice ppl here who gave genuine advices.Share the same thought too,the px is kind of high to enter at this moment in my opinion.

 

Hope you're right,the last time too greedy to wait for $1.50, only managed to dump 10% of this counter before the down trend.These time if it ever goes back to $1xx will probably sell some to get back capital then hold out the rest as bonus.

 

In the share mkt, there is no such thing as "wish"

Investor go long "wish" for the bull, likewise shortist

"wish" for the bear.It's all abt manipulation,timing, mkt

sentiment, factors affecting the rise or fall of a share,plus

many more. Tat's the reality in playing the share mkt.

Tat are my views, others may have different opinions.

gabjen      ( Date: 08-May-2010 11:02) Posted: There's always 2 groups of ppl here holding opposite opinions .Those who bought $1 and above will wish for the bull and those who waiting to buy or short will wish for the bear,can never agree.

 

At this very moment without doubt it is expensive by any standards since this company has no positive earnings yet..... that's why the May 13th comes into the equation. Depends on the numbers reported ie:EPS, then we can work out the multiples and from there, one can decide if it is cheap, reasonable or expensive. 

Again, just my view on it. 

gabjen      ( Date: 08-May-2010 11:34) Posted: Haha,agreed,there are some nice ppl here who gave genuine advices.Share the same thought too,the px is kind of high to enter at this moment in my opinion.

 

Haha,agreed,there are some nice ppl here who gave genuine advices.Share the same thought too,the px is kind of high to enter at this moment in my opinion.

 

Ops!... kanna caught... but i believe there are some good soul here just wanted to help others to earn some money here.... for me, i tin the currently price is too high for my liking.... if suay suay the stupid wave c or wave C come... big fat genting will drop very fast or drop till very low...

gabjen      ( Date: 08-May-2010 11:02) Posted: There's always 2 groups of ppl here holding opposite opinions .Those who bought $1 and above will wish for the bull and those who waiting to buy or short will wish for the bear,can never agree.

 

There's always 2 groups of ppl here holding opposite opinions .Those who bought $1 and above will wish for the bull and those who waiting to buy or short will wish for the bear,can never agree.

 

let's look at the number of visitor to rws and the money they spent.... no doubt the casino especially bring in some big money but all these have been factor in liao....maybe, i say maybe the result is not bad but definitely not very very good...thus even if the shares does shoot up, it is because the support of the auntie and uncle and maybe some malaysian supporters... for very long term i tin, not at the moment... sell into strength if it really goes up temporary....

the 1.30 price is history at the monent, maybe when the market really recover..... the 1.30 is becos of the hope before the opening and the hope have varnished liao...

 

When genting sp price go up, some people may create the "negative news" and even some news are really outdated. the intention is questionable.  Let's put the simple way, despite Lim KT has sold his shares at price around 70cent at that time but at the end the share price went even up to 1.35 later.  If genting sp price go down, it will affect the whole genting group share price as well, Lim will always with genting sp and his responsibility cannot be run away just simply as selling his shares.  Put it another words, in flavor of the strict regulations and sensitive market emotion in Singapore, may be it is good to let a company i.e. Genting Bhd rather than a person to be the major shareholder for the casino in the company.

 In short, let's stop to keep goreng all these outdated news, what we want to look for now is the 1Q report whether they will be strong enough to survive in this new industry.  Wish us all the luck and be a responsible shareholders in this company.

machineoperator      ( Date: 07-May-2010 19:25) Posted: ha ha I did not make this up .. it was published I think in Bloomberg or BT when he sold it ...... anyway this is a forum.... ppl are just sharing their views on topic... nothing is 100%. Take it with a pinch of salt.... have a nice weekend. boyikao3      ( Date: 07-May-2010 18:09) Posted: Are you his son? Then how do u know? Did he publish his intentions in black and white for selling the shares ?

 

This is called "The Spirit of Ah Q " !

sinetic8      ( Date: 07-May-2010 22:57) Posted: the CEO sold his shares doesn't mean anything much i feel. i just think that the more we on our computer and look at this shares, the more mixed feelings we have thus lead to some stupid impulse buying/selling. This should be a long-term investing share so therefore buy already dont touch liao.. everyday see see look look and enjoy..  Still hope 13th May will be something a lil positive! yummygd      ( Date: 07-May-2010 19:23) Posted: nah he will never use his own money to buy another company. he will use money from the company....like that not good news wor he sell.

 

the CEO sold his shares doesn't mean anything much i feel. i just think that the more we on our computer and look at this shares, the more mixed feelings we have thus lead to some stupid impulse buying/selling. This should be a long-term investing share so therefore buy already dont touch liao.. everyday see see look look and enjoy..

 Still hope 13th May will be something a lil positive!

yummygd      ( Date: 07-May-2010 19:23) Posted: nah he will never use his own money to buy another company. he will use money from the company....like that not good news wor he sell. machineoperator      ( Date: 07-May-2010 17:49) Posted: You are right that Mr Lim sold almost all his stake in Gen Sp but he is still the CEO of Gen Sp. U must not forget also that all CEOs in listed companies do the same thing.... is to look after the interest of the investors and directors... lay mans term... the company profitability and revenue which is directly related to the company share price. In turns, the CEO gets big chucks of the stock options..... haa haa.... I want to be CEO too I am smart enuff.... too bad I am not...... !!!

 

I think youngeters can also have very "lau lau" lan right ? So I believe he can be still learning...

iPunter      ( Date: 07-May-2010 20:42) Posted: If I am in this stock, I will sell it off if it trades @ .90.5 or below from Monday onwards... If it holds above .90.5, I will just let the profits run and get out @1.00... Others may have better ideas than this... (*You are "lau lan" and still learning? I don't believe you, hehehe) Laulan      ( Date: 07-May-2010 13:01) Posted: This morning itchy hands went in to buy 93.5 cents.  I bought 10 lots. Wish me luck.  );- Is it too dangerous to go in today when people are in a state of shock?  My thinking is tonight wall street will move up, but if it doesn't then I think stock market may become a dead place to put my money in, right?  I am learning, so please give good advice

 

If I am in this stock, I will sell it off if it trades @ .90.5 or below from Monday onwards...

If it holds above .90.5, I will just let the profits run and get out @1.00...

Others may have better ideas than this...

(*You are "lau lan" and still learning? I don't believe you, hehehe)

Laulan      ( Date: 07-May-2010 13:01) Posted: This morning itchy hands went in to buy 93.5 cents.  I bought 10 lots. Wish me luck.  );- Is it too dangerous to go in today when people are in a state of shock?  My thinking is tonight wall street will move up, but if it doesn't then I think stock market may become a dead place to put my money in, right?  I am learning, so please give good advice. AnthonyTan      ( Date: 07-May-2010 09:34) Posted: Those who shorted yesterday before 5 pm, good luck to you. Have coffee and wanton mee oreli, hahaha

 

yes, i saw it too...

 

ha ha I did not make this up .. it was published I think in Bloomberg or BT when he sold it ...... anyway this is a forum.... ppl are just sharing their views on topic... nothing is 100%. Take it with a pinch of salt.... have a nice weekend.

boyikao3      ( Date: 07-May-2010 18:09) Posted: Are you his son? Then how do u know? Did he publish his intentions in black and white for selling the shares ? machineoperator      ( Date: 07-May-2010 17:51) Posted: Btw Mr Lim sold his Gen Sp shares not because he has no faith in the Singapore venture....  he sold it because he needs the capital for another acquisition in another casino (MGM I think?? ) . Truly spreading his wings......

 

nah he will never use his own money to buy another company. he will use money from the company....like that not good news wor he sell.

machineoperator      ( Date: 07-May-2010 17:49) Posted: You are right that Mr Lim sold almost all his stake in Gen Sp but he is still the CEO of Gen Sp. U must not forget also that all CEOs in listed companies do the same thing.... is to look after the interest of the investors and directors... lay mans term... the company profitability and revenue which is directly related to the company share price. In turns, the CEO gets big chucks of the stock options..... haa haa.... I want to be CEO too I am smart enuff.... too bad I am not...... !!! AnthonyTan      ( Date: 07-May-2010 13:21) Posted: Your 3rd paragraph, if I can remember correctly, Ah Lim has oreli sold a substantial amount of his shares. His assurance to investors are no more credible. If it is good, why sell??????

 

Are you his son? Then how do u know? Did he publish his intentions in black and white for selling the shares ?

machineoperator      ( Date: 07-May-2010 17:51) Posted: Btw Mr Lim sold his Gen Sp shares not because he has no faith in the Singapore venture....  he sold it because he needs the capital for another acquisition in another casino (MGM I think?? ) . Truly spreading his wings......  machineoperator      ( Date: 07-May-2010 17:49) Posted: You are right that Mr Lim sold almost all his stake in Gen Sp but he is still the CEO of Gen Sp. U must not forget also that all CEOs in listed companies do the same thing.... is to look after the interest of the investors and directors... lay mans term... the company profitability and revenue which is directly related to the company share price. In turns, the CEO gets big chucks of the stock options..... haa haa.... I want to be CEO too I am smart enuff.... too bad I am not...... !!!