Genting Sing    Last:0.735    -0.005

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Genting SP 3rd Quarter Results

Gross Profit - S$ 331 Million

Net Profit - $209 Million

EPS for the quarter 1.71 cents

9 months EPS - 6.22 cents

Estimated full year EPS 8 cents

P.E over 20x for Genting SP is too high

Strong recommendation Take your profit and run ! TP  $1.20 for 15x P.E

 

Genting SP: -0.9% at $1.735, consolidating below $1.77 after rising 27% from its Oct 4 low to a high at $1.80 Oct 28, as investors await the casino operator's 3Q results after market Thursday. Ahead of those keenly-awaited numbers, Nomura notes that Spore registered a 12% on-month decline in tourist arrivals in Sep, when the island state received 1.033m visitors, its lowest since Feb this year.

It notes the weaker performance was dragged down by a 43% plunge in visitor arrivals from China when compared with Aug. " Investors could turn more cautious on GENS after the sharp reversal in Chinese visitor arrivals in Sep," the house says.

  It adds, " after the recent rebound in share price, GENS is now trading at 13.5X 2012F EV/EBITDA, a 29% premium to Macau's sector average of 10.5X. Unless it surprises the market significantly on the upside in its upcoming 3Q earnings results, we see a further 18% downside risk to its share price." It has a Reduce call with $1.41 target.

 

> > > Singaopore most Famous PLUS Well known " market  directional indicator" for STI ( olso known as Sexual Transmitted Infection)

 

this one like very bullish too ..... just slight consolidation will see bargain hunting .....

 

 

Holiday Entertainment...

                              " The Three Kingdoms"   Click

 

Thanks, good luck with your trading too.

warrenbegger      ( Date: 06-Nov-2011 23:30) Posted: LOL :) I had seen your web/blog. Good Work, simple and clear. Too bad i not full-times, if not i will also write a Xblog. so envy U. Wish U love your work and good luck mostly. Cheers :)  alexchia01      ( Date: 06-Nov-2011 23:24) Posted: I think he's got ban due to complaints

 

LOL :)

I had seen your web/blog. Good Work, simple and clear.

Too bad i not full-times, if not i will also write a Xblog. so envy U.

Wish U love your work and good luck mostly. Cheers :) 

alexchia01      ( Date: 06-Nov-2011 23:24) Posted: I think he's got ban due to complaints. warrenbegger      ( Date: 06-Nov-2011 22:58) Posted: U still inside bird park?

 

I think he's got ban due to complaints.

warrenbegger      ( Date: 06-Nov-2011 22:58) Posted: U still inside bird park? warrenbegger      ( Date: 05-Nov-2011 00:25) Posted: EMO eagle where r U? I miss U ! ! ! Can come out shoik with me ? ? ?

 

U still inside bird park?

warrenbegger      ( Date: 05-Nov-2011 00:25) Posted: EMO eagle where r U? I miss U ! ! ! Can come out shoik with me ? ? ?

 

Weekend Entertainment...

        " The 3 Kingdoms"     Click

 

 

After-hours Entertainment...

    A highly educational tidbit... Click ...  

 

Can share your views why it is good candidate to short? Thanks..

victortan      ( Date: 05-Nov-2011 02:12) Posted: Genting is a good short candidate for next week

 

Genting is a good short candidate for next week

 

EMO eagle where r U?

I miss U ! ! ! Can come out shoik with me ? ? ? 

 

Genting SP: Deutsche maintains Hold, TP $1.89. Trimming earnings and TP, add that few surprises expected expect the Spore gaming market to post robust growth of over 20% in a seasonally stronger 2H.

Growth, however is likely to come from MBS which delivered strong 3Q operational trends. Believe GENS will be in a better position to fend off market share loss in 2012 as it adds high-end suites/villas and enhances its non-gaming product offerings from the West Zone. Marginally revise down TP to $1.89 on a 2012 EV/EBITDA multiple of 11x.

 

Don't know she/he/shehe@#$ which hospital one?

I think maybe Jurong gu gu bird park can find him/her/??? 

 

Sometimes people just say for joke-joke only...

        Many like to have fun atmosphere, so they create

              something to up the interest factor... lol...  

gabjen      ( Date: 30-Oct-2011 09:07) Posted: Even Peter Lim don't call others  fools,he probably thinks he  better than Peter Lim or Warren Buffett. warrenbegger      ( Date: 28-Oct-2011 22:59) Posted: U r momoeagle or emo eagle? U so clever ah? Everyone a fools in your emo eyes?

 

Even Peter Lim don't call others  fools,he probably thinks he  better than Peter Lim or Warren Buffett.

warrenbegger      ( Date: 28-Oct-2011 22:59) Posted: U r momoeagle or emo eagle? U so clever ah? Everyone a fools in your emo eyes?  momoeagle      ( Date: 21-Oct-2011 11:03) Posted: You talked like  one of them

 

They can be called " gu xia" or " gu shi da-ge or da-jie" ...

iPunter      ( Date: 29-Oct-2011 12:49) Posted: Stocks and stock market are not stupid... They are also unfeeling things...           Traders and investors who can just break even are already very                 highly skilled in the game... They can then be called " gu xia"                         or " gi shi da-ge/da-jie" ... lol... warrenbegger      ( Date: 28-Oct-2011 22:55) Posted: U said this is a stupid stock? LOL!

 

Stocks and stock market are not stupid... They are also unfeeling things...

          Traders and investors who can just break even are already very

                highly skilled in the game... They can then be called " gu xia"

                        or " gi shi da-ge/da-jie" ... lol...

warrenbegger      ( Date: 28-Oct-2011 22:55) Posted: U said this is a stupid stock? LOL!  momoeagle      ( Date: 21-Oct-2011 09:50) Posted: Only fools are interested in this stupid stock.