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1801-1820 of 2276
AGE OF STUPID
GLOBALISATION
HDB @ S$1 Million
COSCO @ S$8.20
Wilmar @ S$7.17
GENTING SP BURSTS NEW TOPS
GENTING HK must BREACH PEAK
USD0.72 soon..................
GENTING HK
HISTORIC PEAK
USD2.15
tradermonster ( Date: 13-Sep-2010 16:28) Posted:
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As the presidents says during the GentingHK siminar, now too cheap to have right issue, maybe 0.60cts.
| e Genting HK US$ | S21 | i | -- | USD | 0.510 |
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+0.070 | +15.9 | 372,936,000 | 6,469,000 | 0.505 | 0.510 | 3,242,000 | 0.445 | 0.440 | 0.510 | 0.440 | M | -- | SGX | S21 | GENH.SI |
| GENTING BHD | 3182 | i | CD | MYR | 9.570 |
|
+0.160 | +1.7 | 14,297,600 | 3,000 | 9.550 | 9.570 | 91,200 | 9.410 | 9.410 | 9.570 | 9.250 | -- | -- | KLS | 3182 | GENT.KL |
| GENTING MYS BHD | 4715 | i | CD | MYR | 3.100 |
|
+0.100 | +3.3 | 6,665,400 | 30,000 | 3.070 | 3.100 | 756,500 | 3.030 | 3.000 | 3.100 | 3.020 | -- | -- | KLS | 4715 | GENM.KL |
| Genting SP | G13 | i | -- | SGD | 1.990 |
|
+0.160 | +8.7 | 204,110,000 | 1,837,000 | 1.980 | 1.990 | 1,022,000 | 1.860 | 1.830 | 2.000 | 1.840 | M | -- | SGX | G13 | GENS.SI |
| GentingSMBLeCW120402 | J2UW | i | -- | SGD | 0.245 |
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+0.025 | +11.4 | 379,000 | 20,000 | 0.235 | 0.250 | 10,000 | 0.220 | 0.220 | 0.245 | 0.220 | M | -- | SGX | J2UW | GNML_td.SI |
| GentingSMBLeCW130103 | L2PW | i | -- | SGD | 0.190 |
|
+0.030 | +18.8 | 357,000 | 45,000 | 0.185 | 0.240 | 100,000 | 0.170 | 0.160 | 0.190 | 0.170 | -- | -- | SGX | L2PW | GNML_tm.SI |
| GentingSMBLeCW130603 | L0QW | i | -- | SGD | 0.250 |
|
+0.030 | +13.6 | 244,000 | 12,000 | 0.250 | 0.260 | 15,000 | 0.225 | 0.220 | 0.250 | 0.225 | M |
SAGE ENLIGHTENMENT
tradermonster ( Date: 13-Sep-2010 18:10) Posted:
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You Bet! If all things go well we should expect GHK to go up to USD1.08 within 6 months, following the same path as GS but in USD.
You see, GHK has been well overlooked for two reasons:
1) GS has taken the limelight from it in the last 6 months.
2) It is "remote" from Singapore, just like Genting Malaysia, albeit, GM is closer to Singapore.
The potential for growth for GHK is much higher as it has other things to offer as well as a huge population base. Also, it is closer to China. Many Chinese high rollers prefer a casino outside of Macau for a reason.
You may like to know that the Mkt. Cap for GHK and GS now stand at about USD3.12B & SGD21.42B respectively. GHK currently has the propensity to earn half as much as GS in the short term but should at least equal or more than that of GS in the longer term. As GHK has less shares floated, it therefore should be about 75% of what GS is worth in the short term, but in USD. Short term in this context is in the next 12 months.
You see, GHK has been well overlooked for two reasons:
1) GS has taken the limelight from it in the last 6 months.
2) It is "remote" from Singapore, just like Genting Malaysia, albeit, GM is closer to Singapore.
The potential for growth for GHK is much higher as it has other things to offer as well as a huge population base. Also, it is closer to China. Many Chinese high rollers prefer a casino outside of Macau for a reason.
You may like to know that the Mkt. Cap for GHK and GS now stand at about USD3.12B & SGD21.42B respectively. GHK currently has the propensity to earn half as much as GS in the short term but should at least equal or more than that of GS in the longer term. As GHK has less shares floated, it therefore should be about 75% of what GS is worth in the short term, but in USD. Short term in this context is in the next 12 months.
Monday: 13 SEPTEMBER 2010 CLOSING
| Stock | Code | i | Rmk | Ccy | Last | $Chng | %Chng | Vol | Buy Vol | Buy | Sell | Sell Vol | Open | Previous | Day Hi | Day Lo | Ind | Sector | Mkt | Off Code | Feed Code | COC BB | COC LD | COC BS | |
| e Genting HK US$ | S21 | i | -- | USD | 0.510 |
|
+0.070 | +15.9 | 372,936,000 | 6,469,000 | 0.505 | 0.510 | 3,242,000 | 0.445 | 0.440 | 0.510 | 0.440 | M | -- | SGX | S21 | GENH.SI | -- | -- | -- |
| Genting SP | G13 | i | -- | SGD | 1.990 |
|
+0.160 | +8.7 | 204,110,000 | 1,837,000 | 1.980 | 1.990 | 1,022,000 | 1.860 | 1.830 | 2.000 | 1.840 | M |
Monday: 13 SEPTEMBER 2010 CLOSING
|
e Genting HK US$ (S21) |
|||||
| Day Hi | 0.510 | Last | 0.510 | Vol | 372,936,000 |
| Day Lo | 0.440 | $Chng | +0.070 | ||
| Price | Trades | Volume | Sold to Buyer | Mid | Bought from Seller |
| 0.440 | 7 | 367,000 | 367,000 | 0 | 0 |
| 0.445 | 166 | 19,217,000 | 11,946,000 | 0 | 7,271,000 |
| 0.449 | 1 | 130,000 | 0 | 130,000 | 0 |
| 0.450 | 287 | 33,104,000 | 1,802,000 | 0 | 31,302,000 |
| 0.454 | 1 | 24,000 | 0 | 24,000 | 0 |
| 0.455 | 363 | 34,587,000 | 6,352,000 | 0 | 28,235,000 |
| 0.460 | 86 | 17,487,000 | 688,000 | 0 | 16,799,000 |
| 0.465 | 133 | 20,790,000 | 4,003,000 | 0 | 16,787,000 |
| 0.470 | 148 | 13,285,000 | 2,052,000 | 0 | 11,233,000 |
| 0.475 | 295 | 24,607,000 | 2,599,000 | 0 | 22,008,000 |
| 0.480 | 203 | 15,705,000 | 818,000 | 0 | 14,887,000 |
| 0.485 | 287 | 30,938,000 | 15,405,000 | 0 | 15,533,000 |
| 0.488 | 1 | 80,000 | 0 | 80,000 | 0 |
| 0.490 | 216 | 30,230,000 | 9,636,000 | 0 | 20,594,000 |
| 0.492 | 1 | 50,000 | 0 | 50,000 | 0 |
| 0.495 | 288 | 39,831,000 | 14,411,000 | 0 | 25,420,000 |
| 0.497 | 3 | 98,000 | 0 | 98,000 | 0 |
| 0.498 | 2 | 55,000 | 0 | 55,000 | 0 |
| 0.500 | 337 | 42,532,000 | 14,988,000 | 0 | 27,544,000 |
| 0.505 | 227 | 32,076,000 | 8,384,000 | 0 | 23,692,000 |
| 0.510 | 245 | 17,743,000 | 0 | 0 | 17,743,000 |
| TOTAL | 3,297 | 372,936,000 | 93,451,000 | 437,000 | 279,048,000 |
pharoah88 ( Date: 13-Sep-2010 17:41) Posted:
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Revealing its attraction
What’s New
• Essentially maintaining our 2011-02 forecasts following yesterday’s 1H10 results (refer to RHS table overleaf), but tweaking 2010’s earnings downwards mainly due to forex losses at Norwegian Cruise Line (NCL).
• We expect Genting Hong Kong (GENHK) to unveil a much stronger net profit in 2H10 led by seasonal strength in the cruise business and snowballing profits at Resorts World Manila (RWM).
Stock Impact
• 1H10 earnings indicate sustained recovery. GENHK achieved an estimated pre-exceptional net profit of US$0.2m in 1H10, reversing 1H09’s loss of US$21.7m. The figure is at the low end of our forecast, due to start-up costs for the EPIC (which set sail in July) at 50%-owned US cruise operator NCL, and poor luck factor at the Penang cruise operation under Star Cruises (Asian cruise operation).
• A much stronger 2H10 unfolding. We expect GENHK to deliver a net profit of US$77m, driven by strong 3Q10 seasonal demand at both NCL and Star Cruises, and with RWM steamrolling out fat returns. Earnings drivers for the cruise business are: a) rising ticket prices at both NCL (+5.8% yoy for NCL in 1H10) and Star Cruises, b) rising occupancy rates of >100% for non-day cruise routes, c) absence of 1H10’s pre-operating cost and maiden contribution for the EPIC, d) increased ship utilisation at Star Cruises with new route deployment (Hong Kong-Taiwan-Japan cruise) and bareboat charter with NCL for Norwegian Sky (1 Jul 10 to 31 Dec 12) for a total charter hire fee of US$53.4m, and e) normalised luck factor at the cruise casino operation.
• RWM’s rising attractiveness. 50%-owned RWM performed in line, contributing about US$10.2m to GENHK’s net profit, against our full-year forecast of US$39.1m. The payback for this >US$400m project has been so lucrative that its net debt has fallen to about US$50m.
• RWM could top our 2010 net profit expectation of US$78m should it continue to deliver a gross gaming win of at least US$1.5m (which we estimate it has achieved in Jun-Aug 10) compared with just over US$1.0m in 1H10. We understand that Jul 10’s annualised net earnings reached US$160m, and RWM also clocked in the highest daily win last week exceeding US$7.0m. For 2011, we expect RWM to deliver a net profit of US$215.5m assuming a daily win of almost US$1.6m and EBITDA margin of 41%.
• Potentially a big beneficiary of Manila. There are talks of the Philippine’s new administration exploring the possibility of outlawing slot parlour operations at non-tourist sites. If true, RWM could gain market share in the lucrative market. RWM’s slot operation (over 1,200 machines), which accounts for an estimated one-third of RWM’s bottom line, could gain significantly. Presently, non-casino slot parlours operate about 5,000 slot machines. RWM could eventually attract 20,000-25,000 visitors daily, up from 9,000 presently, after the integrated resort-casino’s grand opening at end-Nov 10. Potentially another crowd booster, there is a possibility that city check-in could be introduced for the nearby local (budget) air terminal.
• No competition in sight. It appears that the other three licence concessionaries at the Manila Bay mega casino development have initiated little construction works (if at all), thus giving RWM more time to harvest the burgeoning demand integrated resort-casinos.[/b]
Earnings Revision
• We trim our 2010, 2011 and 2012 net profit forecasts by 6.5%, 2.5%, 3.2% to US$8937m, US$181.0m and US$195.6m respectively. By 2011, RWM is expected to account for about 60% of GENHK’s net profit.
What’s New
• Essentially maintaining our 2011-02 forecasts following yesterday’s 1H10 results (refer to RHS table overleaf), but tweaking 2010’s earnings downwards mainly due to forex losses at Norwegian Cruise Line (NCL).
• We expect Genting Hong Kong (GENHK) to unveil a much stronger net profit in 2H10 led by seasonal strength in the cruise business and snowballing profits at Resorts World Manila (RWM).
Stock Impact
• 1H10 earnings indicate sustained recovery. GENHK achieved an estimated pre-exceptional net profit of US$0.2m in 1H10, reversing 1H09’s loss of US$21.7m. The figure is at the low end of our forecast, due to start-up costs for the EPIC (which set sail in July) at 50%-owned US cruise operator NCL, and poor luck factor at the Penang cruise operation under Star Cruises (Asian cruise operation).
• A much stronger 2H10 unfolding. We expect GENHK to deliver a net profit of US$77m, driven by strong 3Q10 seasonal demand at both NCL and Star Cruises, and with RWM steamrolling out fat returns. Earnings drivers for the cruise business are: a) rising ticket prices at both NCL (+5.8% yoy for NCL in 1H10) and Star Cruises, b) rising occupancy rates of >100% for non-day cruise routes, c) absence of 1H10’s pre-operating cost and maiden contribution for the EPIC, d) increased ship utilisation at Star Cruises with new route deployment (Hong Kong-Taiwan-Japan cruise) and bareboat charter with NCL for Norwegian Sky (1 Jul 10 to 31 Dec 12) for a total charter hire fee of US$53.4m, and e) normalised luck factor at the cruise casino operation.
• RWM’s rising attractiveness. 50%-owned RWM performed in line, contributing about US$10.2m to GENHK’s net profit, against our full-year forecast of US$39.1m. The payback for this >US$400m project has been so lucrative that its net debt has fallen to about US$50m.
• RWM could top our 2010 net profit expectation of US$78m should it continue to deliver a gross gaming win of at least US$1.5m (which we estimate it has achieved in Jun-Aug 10) compared with just over US$1.0m in 1H10. We understand that Jul 10’s annualised net earnings reached US$160m, and RWM also clocked in the highest daily win last week exceeding US$7.0m. For 2011, we expect RWM to deliver a net profit of US$215.5m assuming a daily win of almost US$1.6m and EBITDA margin of 41%.
• Potentially a big beneficiary of Manila. There are talks of the Philippine’s new administration exploring the possibility of outlawing slot parlour operations at non-tourist sites. If true, RWM could gain market share in the lucrative market. RWM’s slot operation (over 1,200 machines), which accounts for an estimated one-third of RWM’s bottom line, could gain significantly. Presently, non-casino slot parlours operate about 5,000 slot machines. RWM could eventually attract 20,000-25,000 visitors daily, up from 9,000 presently, after the integrated resort-casino’s grand opening at end-Nov 10. Potentially another crowd booster, there is a possibility that city check-in could be introduced for the nearby local (budget) air terminal.
• No competition in sight. It appears that the other three licence concessionaries at the Manila Bay mega casino development have initiated little construction works (if at all), thus giving RWM more time to harvest the burgeoning demand integrated resort-casinos.[/b]
Earnings Revision
• We trim our 2010, 2011 and 2012 net profit forecasts by 6.5%, 2.5%, 3.2% to US$8937m, US$181.0m and US$195.6m respectively. By 2011, RWM is expected to account for about 60% of GENHK’s net profit.
Monday: 13 SEPTEMBER 2010 CLOSING
| 17:05:03 | 0.510 | 3,673,000 | Bought From Seller |
pharoah88 ( Date: 13-Sep-2010 16:45) Posted:
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dont put all the eggs in 1 basket? at least spread it into 2 or 3? like twin genting? hahaa..
spicy88 ( Date: 13-Sep-2010 17:25) Posted:
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NEVER
nOt aLL yOur eGGs
nOt marrIed tO GENTING HK
spicy88 ( Date: 13-Sep-2010 17:25) Posted:
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pharoah88....you are full of confidence....and temp me to wanting put all my eggs into this... is it wise?
| 16:36:51 | 0.505 | 3,000,000 | Bought From Seller |
| 16:36:51 | 0.505 | 5,000,000 | Bought From Seller |
| 16:31:53 | 0.500 | 1,000,000 | Bought From Seller |
| 16:21:25 | 0.505 | 1,000,000 | Bought From Seller |
| 16:20:28 | 0.500 | 10,196,000 | Bought From Seller |
| 16:20:26 | 0.500 | 25,000 | Bought From Seller |
| 16:20:24 | 0.500 | 3,500,000 | Bought From Seller |
| 16:16:50 | 0.495 | 1,213,000 | Bought From Seller |
| 16:16:50 | 0.495 | 1,000,000 | Bought From Seller |
| 16:16:49 | 0.495 | 1,000,000 | Bought From Seller |
| 16:16:49 | 0.495 | 200,000 | Bought From Seller |
| 16:16:48 | 0.495 | 500,000 | Bought From Seller |
| 16:16:47 | 0.495 | 10,000 | Bought From Seller |
| 16:16:46 | 0.495 | 5,000,000 | Bought From Seller |
| 15:58:58 | 0.490 | 1,012,000 | Bought From Seller |
| 15:50:51 | 0.490 | 1,842,000 | Bought From Seller |
| 15:39:54 | 0.495 | 2,000,000 | Bought From Seller |
pharoah88 ( Date: 13-Sep-2010 15:20) Posted:
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No 1 in tis world can buy @ e cheapest px & sell @ e highest px...
Unless, u r gut damn lucky...
Rotational play lah... When my friend asked me 2 buy Genting HK US$ @ 0.190 & I din buy. Once I hv missed e boat, I wun chase liao. Tis' my trading style...
Genting HK US$ was no movemt @ all during 0.190... U shd hv bot when a Counter's not moving many many days. Like my Meiban Gp now...
('',)
spicy88 ( Date: 13-Sep-2010 16:32) Posted:
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should I sell some first then buy back tomorrow? the problem is when the stock is so hot, the buying price gets pricier...and the tricky part is to identify when that bubble break...experience from the past was really bloody...
USD0.70 BY END ON SEPTEMBER 2010
| GENTING HONG KONG LIMITED | |
| Full Company Name: | Genting Hong Kong Limited (formerly: Star Cruises Limited) |
| Incorporated in : | BERMUDA |
| Incorporated on : | 10 Nov 1993 |
| ISIN Code : | BMG3924T1062 |
| Registered Office : | Canon's Court 22 Victoria Street Hamilton HM12 Bermuda |
| Telephone: | 852 23782000 |
| Fax: | 852 23143809 |
| Secretary: | Louisa Tam Suet Lin Appleby Corporate Services (Bermuda) Ltd |
| Link to Internet Website | |
there are many things to consider before taking on positions.. Cash.. Holding power.. Psychology, Confidence, and many more.. Are you ready?
The last thing to do is bought it and wish that your finger should not had click so fast...
Bon3260 ( Date: 13-Sep-2010 16:23) Posted:
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