Genting Sing    Last:0.725   -

GenSp starts to move up again

From ST interview Pg A8 of Wed 17 March 2010.

Ronald Tan(Casino Expert) said that he did not forsee Genting or Sands exceeding their forcast of US$1 billion each in revenue fromthe gaming within a yr. This may not cover the sky-high building costs of both IRs, which took place amid construction boom that saw escalating sand and manpower prices. The total bill for both : over $13 billion.

He said "Don't assume for a moment that once you land a casino, you will make money. It's a question of averages. Half the casinos around the world are in the red. Within the next 3 yrs, the other attractions -- theme park and hotels -- will likely not make up for the shortfall." He holds out little hope for Universal Studios, once the novelty wears off after one year. The majority of Universal's attractions are outdoors, which means people have to line under hot sun. Even HK, a temperate country cannot succeed with Disneyland with huge China hinterland. HK's Ocean Park is more successful bcos its initial investment started from a very low base. Our cost of doing business here is now very worrying. The silver lining is for it to be like turf club or Fraser and Ascott brands of Service Apartment with their policies and regulatory aspects. We can become PSA and HDB in Casinos.  

 

yeah, there got lots of Thai ppl there  :)

 

btw, wild guesses - did george involve in recent europe/greek crisis.....

AnthonyTan      ( Date: 18-Mar-2010 10:47) Posted: You can always go to Beach Road. Alot of Thai, foods and songs.   niuyear      ( Date: 18-Mar-2010 10:42) Posted: If Fund managers short together, price sure plunge. Especially fund manager like that type of George soro - 1997 he short the Thai Bahts and the rest of the asian countries that resulted in asian finanacil crisis. Now he also dare not go Thailand, too bad, thai food is so nice.....their women has very gentle voice and i love their Thai songs.........

 

what is your prediction based on? nonsense

Hulumas      ( Date: 18-Mar-2010 10:37) Posted: This time price will be back <Sgd. 0.80 AnthonyTan      ( Date: 18-Mar-2010 10:36) Posted: " I only fear when ppls are greedy. I am greedy when ppls fear." Yesterday was a perfect example. Anyway, once u make a decision, don't regret. The mkt is always there for u to fight another day. Cheers and good luck

 

You can always go to Beach Road.

Alot of Thai, foods and songs.

 

niuyear      ( Date: 18-Mar-2010 10:42) Posted: If Fund managers short together, price sure plunge. Especially fund manager like that type of George soro - 1997 he short the Thai Bahts and the rest of the asian countries that resulted in asian finanacil crisis. Now he also dare not go Thailand, too bad, thai food is so nice.....their women has very gentle voice and i love their Thai songs.........

 

U r normal. So to win u have to be abnormal as Anthony has advised u.

Cheer!!!!!!!

hotokee      ( Date: 18-Mar-2010 10:24) Posted: Wah le, always when market down feel like selling.  Many times innerself say sell lah, market going down.  How many of you experienced this?  Then after selling a counter, the counter starts to move up, curse and swell and say "LLB yeh"?

 

thats why to not tempt myself i dun log in. my thoughts are big funds are trying to buy cheap thats why the dirty handedness of  sellin one lot down one lot down all the time. there is a standing order of sellin 1 lot at lower price every few sec.

den big buy at low price. It goes to prove that genting is well thought of by all the big funds n they wanna buy so they retort to that. think everyone is waiting for their first financial report .

hotokee      ( Date: 18-Mar-2010 10:24) Posted: Wah le, always when market down feel like selling.  Many times innerself say sell lah, market going down.  How many of you experienced this?  Then after selling a counter, the counter starts to move up, curse and swell and say "LLB yeh"?

 

Hulumas, r u the 1 who sometime go to

Bt. Timah hill for retreat, haha

 

If Fund managers short together, price sure plunge. Especially fund manager like that type of George soro - 1997 he short the Thai Bahts and the rest of the asian countries that resulted in asian finanacil crisis. Now he also dare not go Thailand, too bad, thai food is so nice.....their women has very gentle voice and i love their Thai songs.........

 

This time price will be back <Sgd. 0.80

AnthonyTan      ( Date: 18-Mar-2010 10:36) Posted: " I only fear when ppls are greedy. I am greedy when ppls fear." Yesterday was a perfect example. Anyway, once u make a decision, don't regret. The mkt is always there for u to fight another day. Cheers and good luck hotokee      ( Date: 18-Mar-2010 10:24) Posted: Wah le, always when market down feel like selling.  Many times innerself say sell lah, market going down.  How many of you experienced this?  Then after selling a counter, the counter starts to move up, curse and swell and say "LLB yeh"?

 

" I only fear when ppls are greedy. I am greedy

when ppls fear." Yesterday was a perfect example.

Anyway, once u make a decision, don't regret.

The mkt is always there for u to fight another day.

Cheers and good luck

hotokee      ( Date: 18-Mar-2010 10:24) Posted: Wah le, always when market down feel like selling.  Many times innerself say sell lah, market going down.  How many of you experienced this?  Then after selling a counter, the counter starts to move up, curse and swell and say "LLB yeh"?

 

Wah le, always when market down feel like selling.  Many times innerself say sell lah, market going down.  How many of you experienced this?  Then after selling a counter, the counter starts to move up, curse and swell and say "LLB yeh"?

 

Those who bought yesterday, kena caught.

 

either way i think maybe its better to leave genting alone today

 

eyyy they dumping or retail dumping n big fish buying?? either way judging from the way the retail are being taken in its a good day to short this counter but can u win e big funds in buyin??

june_snowy      ( Date: 18-Mar-2010 10:07) Posted: Gosh... All the Big fishes are dumping the shares off like nobody business... Going to Short and try out my luck...

 

Gosh... All the Big fishes are dumping the shares off like nobody business...

Going to Short and try out my luck...

 

SNEAKING SNAKE TRIBE  HATE  PERFECTION.

They  LOVE IMPERFECTION.

They  ENJOY  ROCK & ROLL and the TWIST as well as the SWING.

Get to know them WELL.

bE  an  INFORMED  BUYER or SELLER

pharoah88      ( Date: 18-Mar-2010 09:54) Posted: they  are  from  the  SNEAKING SNAKE TRIBE  [SST] who runs underground Distraction Operations pharoah88      ( Date: 18-Mar-2010 09:50) Posted: those  snakEs  are  faking  as  dragOn

 

warn my friend no matter what dun sell. one lot one lot. Genting today cannot see.

pharoah88      ( Date: 18-Mar-2010 09:54) Posted: they  are  from  the  SNEAKING SNAKE TRIBE  [SST] who runs underground Distraction Operations pharoah88      ( Date: 18-Mar-2010 09:50) Posted: those  snakEs  are  faking  as  dragOn

 

they  are  from  the  SNEAKING SNAKE TRIBE  [SST]

who runs underground Distraction Operations

pharoah88      ( Date: 18-Mar-2010 09:50) Posted: those  snakEs  are  faking  as  dragOns yummygd      ( Date: 18-Mar-2010 09:27) Posted: see that someone keep selling 1lot at 0.96 none stop. wonder whats up

 

those  snakEs  are  faking  as  dragOns

yummygd      ( Date: 18-Mar-2010 09:27) Posted: see that someone keep selling 1lot at 0.96 none stop. wonder whats up

 

18 LiONS  OPEN   Universal Studios Singapore  Today (Thursday, 18 March 2010)

Genting: Geared up for Universal Studios 18 Mar opening


Summary: Genting Singapore (GS) will open the doors of Universal Studios Singapore (USS) to the public at 8.28am on 18 Mar 2010, with 18 attractions and rides spread over seven zones to entertain visitors. We went for a sneak preview on 17 Mar and came away quite impressed by the high level of preparation. Overall, the USS experience was comparable to theme parks in Australia and Japan; the feedback we got from other preview visitors was also pretty positive. With the opening of USS, we believe that it will complete another piece of the puzzle for Resorts World Sentosa (RWS) and increase the attractiveness of its integrated resort (IR) concept, which is targeted towards the family-oriented tourist market. Although we are keeping our fair value unchanged at S$1.04, which yields just under 10% upside, we believe that the stock price could potentially overshoot our fair value in the near term; hence we maintain our BUYrating. (Carey Wong)