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18501-18520 of 23260
OK advise noted
I was thinking of either double your money
or quit
stick to sell 10 lots and sleep well tonight...
Bought 10 lot @ .955 am
Waiting to sell 20 lot later.
Which type do I belong, hahaha
Cheers and good luck
smartrader ( Date: 22-Feb-2010 14:29) Posted:
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Casinos & Gaming (GICS) Gaming (Citi) :
Investment strategy
We rate Genting Singapore as Sell/High Risk. We believe that the market's
expectations are far too high for Resorts World Sentosa, part of Singapore's
Integrated Resort (along with Marina Bay Sands). According to consensus,
RWS and MBS in their first full year of operations will achieve combined gross
gaming revenue equivalent to 50% of Las Vegas at approx US$4bn. We
estimate the total market size in 2011 will be US$2.8bn - ~30% below
consensus. We expect RWS will take significantly longer than is currently
forecast to achieve the level of visitor arrivals needed to meet the market's
revenue and EBITDA projections for its gaming and theme park products.
Valuation
Our S$0.76 target price for Genting Singapore is derived by assigning equal
weights to the equity values derived from our sum-of-the-parts (S$0.64/share)
and DCF (S$0.87) valuation methodologies.
Under the SOTP valuation, we value the group’s Singapore casino and
Singapore Theme Park at 14x 2011E EV/EBITDA (discounted back to 2010),
which is in line with the average multiple for the core Macau gaming names.
We value the UK casinos at 10x 2010E EV/EBITDA, in line with the multiple we
assign to lower growth US gaming names.
Our DCF valuation is based on a WACC of ~7% and a long-term growth rate of
2%. The WACC is derived from a cost of equity of 7% and an after-tax cost of
debt of 4.2%. The cost of equity is based on an expected market return of 9%
(in line with the long-term return of the S&P500) – which includes a 1% riskfree
rate based on current borrowing costs – and a raw adjusted beta of ~0.8,
as reported by Bloomberg. Using our WACC assumption and growth rate we
apply a 22x multiple to our terminal value.
| 14:42:48 | 0.975 | 1,974,000 | Sold To Buyer |
| 14:42:47 | 0.975 | 200,000 | Sold To Buyer |
| 14:42:46 | 0.975 | 115,000 | Sold To Buyer |
| 14:42:45 | 0.975 | 4,700,000 | Sold To Buyer |
| 14:42:36 | 0.975 | 10,000 | Sold To Buyer |
| 14:42:25 | 0.975 | 62,000 | Sold To Buyer |
market is taking cue from you, except I don't know which way !! 
dealer0168 ( Date: 22-Feb-2010 14:29) Posted:
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you are too smart from your title
smartrader ( Date: 22-Feb-2010 14:33) Posted:
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See the queues...
| Bid | Bid Vol | Ask Vol | Ask |
| 0.975 | 7,389,000 | 12,899,000 | 0.980 |
| 0.970 | 11,309,000 | 8,669,000 | 0.985 |
| 0.965 | 12,939,000 | 13,048,000 | 0.990 |
| 0.960 | 10,689,000 | 7,916,000 | 0.995 |
| 0.955 | 9,796,000 | 12,423,000 | 1.000 |
| 0.950 | 14,626,000 | 9,252,000 | 1.010 |
| 0.945 | 11,366,000 | 7,978,000 | 1.020 |
| 0.940 | 9,668,000 | 1,176,000 | 1.030 |
| 0.935 | 7,167,000 | 655,000 | 1.040 |
| 0.930 | 7,319,000 | 1,310,000 | 1.050 |
| 0.925 | 6,303,000 | 197,000 | 1.060 |
| 0.920 | 2,153,000 | 83,000 | 1.070 |
| 0.915 | 645,000 | 343,000 | 1.080 |
| 0.910 | 2,400,000 | 26,000 | 1.090 |
| 0.905 | 1,314,000 | 210,000 | 1.100 |
| 0.900 | 6,736,000 | 15,000 | 1.120 |
| 0.895 | 289,000 | 14,000 | 1.130 |
| 0.890 | 1,383,000 | 831,000 | 1.150 |
| 0.885 | 30,000 | 341,000 | 1.160 |
| 0.880 | 959,000 | 33,000 |
do not be misled by the huge sell vol at 98 cts and 98.5 cts.. it will disappear into thin air if there is momentum in buying..
Meeting resistance at 0.985 (5 day MA).
If can breach this level then might go up more.
Seems like Genting going to claim back its $1 status soon.
there are two types of short sellers.. one type wins money and the other one type loses money.... money changing hands only.....
Today, SGX buying in did not show Genting, so the 2nd type has to cover back position everytime they short.... so this morning many short at below 96 cts have to cover back fast if not they will miss the boat and lose money when it goes up to $1...
Thanks for the posting
smartrader ( Date: 22-Feb-2010 12:22) Posted:
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0.99 will be next resistance....after lunch expecting more ups...huat ar...
Why did not buy S$0.90 instead?
winfully ( Date: 22-Feb-2010 14:09) Posted:
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yaya...will monitor closely...
watch carefully..the buy and sell volumes are manipulated or closely watched by syndicates.. it disappeared very fast when anything trade done about 1 mill was executed..
SHORT for sure !!
OO123123 ( Date: 22-Feb-2010 13:55) Posted:
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genting got dividend meh http://www.sharejunction.com/sharejunction/rssFeed.htm?id=0
hehehe...everybody so happy.....i just join in the fun...bought at 0.96