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Genting Sing    Last:0.725    +0.005

GenSp starts to move up again

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freshmind
    12-Apr-2010 14:34  
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End of april 2010 will be the time for genting sp to show it's first exam result??? Buying this counter shares must be patient so we can get better bagain with lowest price as we can.  Seriously not sure when will all our money putting in can generate a good return in future... after 5 years, 10 years???
 
 
niuyear
    12-Apr-2010 12:57  
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It wld be nice if only they offer to singaporeans discounted share price like those days when singtel offerd the share to people @2.00     :)

Have you been to casino lately?   I heard that a lot of people complained that during the recent holiday  , eve of good friday and good friday itself,  people q up more than 45 minutes to play at slot machine, and table games were packed like sardines.........why genting  open up more tables and machines on peak period.or during weekend?  or they want you to get frustrated so they can win your money?  LOL!  

One malaysian lady whom i know, used ot come here to do shopping, but, it seems, she goes to casino more often than before.    Shopping malls business affected by opening of casinos or not?

 
 
 
freshmind
    12-Apr-2010 12:27  
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A lot of bad news about genting sp, especially the concern of right issues and opening of MBS in this month, will there still right counter to buy in and what is the best price to buy?  Shall we wait for lower price, any possibility at 70cent?
 

 
AK_Francis
    12-Apr-2010 10:36  
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Ha ha , ds is not un common in the liquity process, ie previouly the incidence bt Philippine tycoon n one of the local bank in tug-of-war in wanted to be big brother over a counter?

At least, the Board would not like to see the px plunges. Henceforth, it is abnormal if coy issue R during very very poor market sentiment. Likewise, for new listing,IPO.



AnthonyTan      ( Date: 12-Apr-2010 10:30) Posted:

R u talking about mkt manipulation to push up

the share px. before right issue??????? Will SGX,

take any action. We have noted recently that the

share px. is trading around  + _ $0.90. Notice previous

rounds of right issue, the share px. was pushed up and

no action has been taken by SGX. I hope SGX will

take note of this.For what reason for the share px.

to move up before a right issue. Unless the co. offer

the right at a low px. Many right shares entitlement to

1 existing share at low px. I doubt so since the co.

need $$$$$$$$.



AK_Francis      ( Date: 12-Apr-2010 00:42) Posted:

Generally, for Right Issue processes, the coy would try to make the last traded px much higher so that the share would get better premium issue px. Hence, fr 12 to 26 ds mth, watch out loh, be vigilant liao. Cheers.


 
 
yummygd
    12-Apr-2010 10:36  
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options lor i think if push price up we run n if never rights issus is cheap den we buy...n ave down.
 
 
AnthonyTan
    12-Apr-2010 10:30  
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R u talking about mkt manipulation to push up

the share px. before right issue??????? Will SGX,

take any action. We have noted recently that the

share px. is trading around  + _ $0.90. Notice previous

rounds of right issue, the share px. was pushed up and

no action has been taken by SGX. I hope SGX will

take note of this.For what reason for the share px.

to move up before a right issue. Unless the co. offer

the right at a low px. Many right shares entitlement to

1 existing share at low px. I doubt so since the co.

need $$$$$$$$.



AK_Francis      ( Date: 12-Apr-2010 00:42) Posted:

Generally, for Right Issue processes, the coy would try to make the last traded px much higher so that the share would get better premium issue px. Hence, fr 12 to 26 ds mth, watch out loh, be vigilant liao. Cheers.

 

 
yummygd
    12-Apr-2010 09:46  
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haiz i will sell if i make even a little bit or break even... sian this counter is boring me liao...since rws open bad news almost everyday...
 
 
AK_Francis
    12-Apr-2010 00:42  
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Generally, for Right Issue processes, the coy would try to make the last traded px much higher so that the share would get better premium issue px. Hence, fr 12 to 26 ds mth, watch out loh, be vigilant liao. Cheers.
 
 
trader123
    11-Apr-2010 22:27  
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chances of price dropping is higher than increasing i think..........

liongyanlin      ( Date: 11-Apr-2010 20:50) Posted:

Prices will increase during the decision for the share issue. Can go for short profit during this period??

 
 
liongyanlin
    11-Apr-2010 20:50  
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Prices will increase during the decision for the share issue. Can go for short profit during this period??
 

 
AK_Francis
    11-Apr-2010 18:23  
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Ha ha,had taken sometime to churn out a laundry list of events on ds burger, including d previous R n bonds conversion issues. D 5 yrs FY good for ref as well.

The above thread, seems like not getting thro' loh. Sorry, can't help much liao, unless u drop by kopitiam for a beer. Cheers.



yummygd      ( Date: 11-Apr-2010 17:15) Posted:

is it asking for more money again?? wah dunno good or bad news....

 
 
AnthonyTan
    11-Apr-2010 18:22  
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Normally, mkt does not reponse well with right issue.

Share capital enlarge.Your shares in the co.will lessen

if you do not take up the right.



yummygd      ( Date: 11-Apr-2010 17:15) Posted:

is it asking for more money again?? wah dunno good or bad news....

 
 
AnthonyTan
    11-Apr-2010 18:15  
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Thank you for info.

AnthonyTan      ( Date: 11-Apr-2010 12:27) Posted:

AGM 27th April, maybe calling for right issue??????

 
 
yummygd
    11-Apr-2010 17:15  
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is it asking for more money again?? wah dunno good or bad news....
 
 
trader123
    11-Apr-2010 16:48  
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share issue, good news or bad news???

AK_Francis      ( Date: 11-Apr-2010 16:45) Posted:

9 Ordinary Resolutions were circulated in the Notice Of Annual General Meeting. There are:

1. To receive and adopt the Audited Financial Statements.

2. To approveDirectors' fees of S$492,308.00.

3/4. To re-elect the following persons as Directors of the Coy pursuant to Article 16.4 of the Articles of Association of the Coy:

     a. Tan Sri Lim Kok Thay; b. Mr Tjong Yik Min.

5.  To re-appt Mr Tan Hee Teck as a Director of the Coy pursuant to aRTICLE 16.3 of the Articles of Association of the Coy.

6.  To re-appt PricewaterhouseCoopers LLP, Singapore as Auditor of the Coy.

7.  Porposed Share issue Mandate.

8. Proposed issuance of Shares at a discount of up to 20%.(In conjunction with Res 7 above, possible issue extra shares by way of Rights, Bonus or otherwise; and/or make or grant offers agreement or options.)

9.  Proposed Renewal of the Shareholders Mandate.

Further details of all the above captions are stated in the booklet of the Notice Of Annual General Mtg. However, there are spare copies of the notice of the mtg available at the register counter during the day of mtg.



AnthonyTan      ( Date: 11-Apr-2010 14:24) Posted:

Any forummers have the agenda for the AGM??????


 

 
AK_Francis
    11-Apr-2010 16:45  
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9 Ordinary Resolutions were circulated in the Notice Of Annual General Meeting. There are:

1. To receive and adopt the Audited Financial Statements.

2. To approveDirectors' fees of S$492,308.00.

3/4. To re-elect the following persons as Directors of the Coy pursuant to Article 16.4 of the Articles of Association of the Coy:

     a. Tan Sri Lim Kok Thay; b. Mr Tjong Yik Min.

5.  To re-appt Mr Tan Hee Teck as a Director of the Coy pursuant to aRTICLE 16.3 of the Articles of Association of the Coy.

6.  To re-appt PricewaterhouseCoopers LLP, Singapore as Auditor of the Coy.

7.  Porposed Share issue Mandate.

8. Proposed issuance of Shares at a discount of up to 20%.(In conjunction with Res 7 above, possible issue extra shares by way of Rights, Bonus or otherwise; and/or make or grant offers agreement or options.)

9.  Proposed Renewal of the Shareholders Mandate.

Further details of all the above captions are stated in the booklet of the Notice Of Annual General Mtg. However, there are spare copies of the notice of the mtg available at the register counter during the day of mtg.



AnthonyTan      ( Date: 11-Apr-2010 14:24) Posted:

Any forummers have the agenda for the AGM??????

 
 
178investors
    11-Apr-2010 16:19  
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read sometimes ago, even genting highland feeling hot too and the floating clouds that were once there, also hardly seen. walao global warming i guess.
 
 
AnthonyTan
    11-Apr-2010 16:04  
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Walau, with this hot humid weather, I would rather

go to genting highland to cool down than going to RWS
 
 
AnthonyTan
    11-Apr-2010 14:24  
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Any forummers have the agenda for the AGM??????
 
 
AnthonyTan
    11-Apr-2010 12:27  
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AGM 27th April, maybe calling for right issue??????
 
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