Genting Sing    Last:0.7    +0.005

Something going on

Up, Up all the way...

16:50:29	0.640	10000	Buy Up
16:50:28	0.640	200000	Buy Up
16:50:23	0.640	10000	Buy Up
16:50:23	0.640	30000	Buy Up
16:50:14	0.635	20000	Sell Down
16:49:58	0.640	20000	Buy Up
16:49:53	0.640	20000	Buy Up
16:49:52	0.640	5000	Buy Up
16:49:33	0.640	100000	Buy Up
16:49:09	0.635	10000	Sell Down
16:48:40	0.640	5000	Buy Up
16:48:23	0.640	1000	Buy Up
16:48:13	0.635	27000	Sell Down
16:48:04	0.640	1000	Buy Up
16:47:58	0.635	100000	Sell Down
16:47:39	0.635	30000	Sell Down
16:47:23	0.635	20000	Sell Down

 

Who in s'pore wouldn't know what Genting is? Its a household name..

heard from some brokers that every auntie uncle is openin trading accts

hope they buy genting then push up the price more..

thank you hor..;p

 

suspect tomolo morning might have a bullish gapup
base on today's market optimism and buy volume.

 

Looks to be on strong uptrend

 

all time high of 0.60 taken out at high vol.

09:33:48

0.605

2471000

Buy Up

base on 2 recent high uptrend resistance (0.55,0.60). projected resistance today to be 0.6125.

current closing price 0.620 (buy; 3.33pm). already break pass the projected resistance level.

uptrend intact. recommend a buy:
cut loss at 0.61

any chartist here had different views?

 

Now 62.5, high @ 63, really impressive. wonder who are the buyers? 8th wonder? 

Genting International Ltd soared to 52-week high on the prospects that it might be included in the Morgan Stanley Capital International Singapore index

 

going up now ?

 

cutting loss now

 

Gen int 2 recent peaks increases from 51.5c on 11 Dec and 58c on 22 Dec but Vol decreases 288M to 166M shows weakening support (diverging trend according SJ chart as by default, the price chart is on top). This is supported by Acc/Dis chart is also diverging (in SJ chart sense) means down trend coming soon. Support looks at 13MA of 52c (extrapolated). RSI is also high at 79.

 

Still in the upward trend will observe closely, weakness is not yet form, so chances of upward movement is still very high, it is just a change of hand.

 

There's so much significant buying interest in this counter that I  tend to believe one more wave is in the works.... :)

 

http://www.dailyexpress.com.my/news.cfm?NewsID=46244

GENTING: With 6,118 rooms, First World Hotel at Genting Highlands is now recognised by Guinness World Records as the world's largest hotel.

 

Yes , u r right . Hope that Tues will go up to 0.6 .. What is your outlook for this counter then?

 

There's really no such thing as wrong timing. Rather, when you went in you believed the timing was right, at least for you. But subsequently, if the market beast shows you you are wrong about it and then kicked you in the art , you should do what you've planned to do... :)

 

opps, I vested in at 0.59, think is a wrong timing again. ah..........

 

not really, push back to 58 , i guess come new year 60 is in sight.

 

Now trading at 0.575, I think it already pull a brake at this point and going down hill.

 

Standard & Poor's Asian Equity Research (S&P) said it has downgraded its call on Genting International to a "hold" from a "buy" call as it believes the stock's current share price is already fairly valued.

    But it has increased its 12-month target price for the firm to 0.60 sgd per share from 0.38 after the company and its partner, Star Cruises Ltd, won the bidding to build a casino resort on Sentosa island here.

    "Our RNAV now ascribes a value of 0.37 sgd for the Sentosa project (versus 0.13 sgd previously), on an assumed 60 pct success rate," S&P said in a client note.

    But it added that, "While we are positive on this development, we believe that much of the positives have been factored into Genting's share price."

    At 2.26 pm, Genting was up 0.01 sgd or 1.72 pct at 0.59 on volume 46.07mln shares.

 

now confirm correction coming.... lucky after hava sip of wine my mind come clear again... 

 

As a matter of fact, this is the time plenty of people want to "go in" ($$$)....

but none can stop them...

coz what if the price still goes up further???