Genting Sing
Last:0.725
-0.005
GenSp starts to move up again
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18601-18620 of 23260
128 thousands casino visitors as of friday. lets see...for5 days each day is what??25600 per visitors a day. NONE spending 100 dollars only. DUH
0.95ct conversion is likely done and gone with if not jailat for those BBs.
FullConversionofSGD450mBonds.pdf
FULL CONVERSION OF THE S$450,000,000 IN AGGREGATE PRINCIPAL AMOUNT OF CONVERTIBLE BONDS DUE 2012 (THE "BONDS")
Further to the announcement made by Genting Singapore PLC (the "
As such, the Company has mandatorily converted the outstanding S$2.7 million Bonds into ordinary shares of the Company (the "
Company") on 25 January 2010, the Board of Directors of the Company wishes to announce that as at the close of business at 5 p.m. (Singapore time) on 8 February 2010, the Company has received conversion notices from bondholders for all of the outstanding Bonds except for a sum of S$2.7 million in aggregate principal amount of Bonds. New Shares") at the conversion price of S$0.95, in accordance with the terms and conditions of the Bonds. The New Shares will be sold in due course and proceeds after expenses will be returned to the relevant bondholders.
Thursday: 0.95 cts has not been punch. great wall has remain poke with many hole
Gent SP remain a spend force (Boss, Ah Lim meeting tonite with his kakis - next battle plan isit for Friday ??., may need another err...50 million $$$ ??.)
In deed tide has turn, great wall remain great, well defended by stout well mended force, leaving both d (two) main forces to fight another day (Tomorrow Friday morning)
Friday: Well it did it best, the best is not enuff to fall back on. Gent Sp fall back to behind d great wall, down 0.90ct before it re-enforce it force to hit back to 0.94ct.
Monday will be another battle for Gent SP coming in, top in volume...hmm interesting
For one simply reason Gent SP may have to take a hit or several hits. (TP 0.80ct to defend-Why ?), by March/April. Marina Bay Sands casino may start to open soft lauching operation and has learn a thing or two about RWS weaknesses, so Gent SP 0.80ct or lower may hit a high possibilities.
bb trader u think the rich flies business or first???they fly econ or budget. plus the vip u think they need to fly themselves in???furthermore u have no idea if tiger air will costomised a vip plane for the IRs. The rich will only fly business or first class if its paid by others and the super rich will not waste their time n money in a casino.
i'm personally not vested.. risky to put in at this point. their business may underperform have to wait til next quarter report. but (my opinion) for those who bought high if you can hold just hold, BBs using fear and bad news to selldown and accumulate.
teeth53 ( Date: 20-Feb-2010 15:39) Posted:
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When it reach, either take or cut (Just sharing my own opinion hohh) money is ur, ur choice.
(Un-finish business of collecting another billion dollar)
gibson ( Date: 20-Feb-2010 15:01) Posted:
how to achieve tp of $1.3 - $1.6? BB have to push it down, accumulate and push it up again la...
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it is not budget.. dedicated service - it is equal to leasing of the aircraft
probably the passengers start playing online jackpot pr bacarrat onboard the plane...--kidding..
it is a so stupid to sign with tiger airline, budget is suitable for 外劳, if rich and have $$ contribute casino, who care the airfare? should touch with SIA and business class only to attract VIP player!
rate this counter "sell"
commando ( Date: 20-Feb-2010 21:32) Posted:
Resorts World Sentosa and Tiger Airways Singapore have announced plans for a chartered aircraft dedicated to flying overseas guests to Singapore’s first integrated resort.
The aircraft will operate as a chartered service for Resorts World Sentosa, transporting guests between Singapore and other cities around the region.
Under the agreement, Resorts World Sentosa will take over the lease of the aircraft.
The plane will ply Tiger Airways’ existing region—wide network.
The service is expected to be offered later this year.
In a statement, Tiger Airways said guests can expect a seamless journey that would span air—travel followed by land transfers to Resorts World Sentosa.
Rosalynn Tay, managing director, Tiger Airways Singapore, said: "We are proud to partner Resorts World Sentosa in bringing more visitors to Singapore. This is a real alliance with real benefits to both partners.
"While Tiger Airways gets a new revenue stream and reduced costs, Resorts World Sentosa gets a cost—effective solution to bringing more customers to Singapore’s most exciting new destination."
She added: "Having grown from a young cub to a big strong cat, it is time Tiger Airways Singapore has its own cub to add strength and joy to the Tiger family. Asia has many other untapped opportunities, and we look forward to creating more innovative ways to grow our paw prints in the Year of the Tiger."
Liang Wern Ling, Director of Destination Sales, Resorts World Sentosa, said: "We promised Singapore that Resorts World Sentosa will bring tourism to the country and reinvent its tourism landscape. We are creating our own airline with this first aircraft, which shows our commitment to bringing the economic benefits to Singapore." — CNA/ms
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Resorts World Sentosa and Tiger Airways Singapore have announced plans for a chartered aircraft dedicated to flying overseas guests to Singapore’s first integrated resort.
The aircraft will operate as a chartered service for Resorts World Sentosa, transporting guests between Singapore and other cities around the region.
Under the agreement, Resorts World Sentosa will take over the lease of the aircraft.
The plane will ply Tiger Airways’ existing region—wide network.
The service is expected to be offered later this year.
In a statement, Tiger Airways said guests can expect a seamless journey that would span air—travel followed by land transfers to Resorts World Sentosa.
Rosalynn Tay, managing director, Tiger Airways Singapore, said: "We are proud to partner Resorts World Sentosa in bringing more visitors to Singapore. This is a real alliance with real benefits to both partners.
"While Tiger Airways gets a new revenue stream and reduced costs, Resorts World Sentosa gets a cost—effective solution to bringing more customers to Singapore’s most exciting new destination."
She added: "Having grown from a young cub to a big strong cat, it is time Tiger Airways Singapore has its own cub to add strength and joy to the Tiger family. Asia has many other untapped opportunities, and we look forward to creating more innovative ways to grow our paw prints in the Year of the Tiger."
Liang Wern Ling, Director of Destination Sales, Resorts World Sentosa, said: "We promised Singapore that Resorts World Sentosa will bring tourism to the country and reinvent its tourism landscape. We are creating our own airline with this first aircraft, which shows our commitment to bringing the economic benefits to Singapore." — CNA/ms
When it reach, either take or cut (Just sharing my own opinion hohh) money is ur, ur choice.
(Un-finish business of collecting another billion dollar)
gibson ( Date: 20-Feb-2010 15:01) Posted:
how to achieve tp of $1.3 - $1.6? BB have to push it down, accumulate and push it up again la...
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To do so, so as to max the profit, along this long road many can die one along d way for fighting for BBs vs BBs.
Is trenching down and great wall defend once, it held well (But with many pot holes), next another great invisible wall was built, it went against it at 0.90ct B4 holding up at 0.94ct
gibson ( Date: 20-Feb-2010 15:01) Posted:
how to achieve tp of $1.3 - $1.6? BB have to push it down, accumulate and push it up again la...
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how to achieve tp of $1.3 - $1.6? BB have to push it down, accumulate and push it up again la...
Just for sharing info,
is still ur choice, ur decision, ur money. having said that it only for mid to long term.
RE-posted: 07-Jan-2010 20:35:
Date: 29-Dec-2009 23:38 Re-Posted: (Un-finish business of collecting another billion dollar) Patience will be rewarded. (U have to decide to take profit as a matter of when)
teeth53 ( Date: 20-Feb-2010 14:40) Posted:
Dun say neber info or tell hohh.....Happy trading...Ya. (hope for d best and pre....)
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Many buy on hope Gent SP will be as good as getting, guaruntee a gaming licence. For some, it current trading on such hope that it can quickly rise or push it trading beyond $1.6-$2.
In near term such news has been facted in, while many branded analyst had been promoting Gent SP target price from $1.28 onward, they R awaiting to unload when TP is reachable and time may come B4 Gent SP announce, like for EG, getting a gamling licence or B4 it official opening.
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Dun say neber info or tell hohh.....Happy trading...Ya. (hope for d best and pre....)
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Many buy on hope Gent SP will be as good as getting, guaruntee a gaming licence. For some, it current trading on such hope that it can quickly rise or push it trading beyond $1.6-$2.
In near term such news has been facted in, while many branded analyst had been promoting Gent SP target price from $1.28 onward, they R awaiting to unload when TP is reachable and time may come B4 Gent SP announce, like for EG, getting a gamling licence or B4 it official opening.
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And this, for some it is still optimistic......CMIB TP of $1.25 is of less difficult in achiving, (would CMIB target is a little too conservative ?.) while i've been pondering on how BBs is trying to hit $1.6 - $2 ?. for some is 5 - 8, even $20 is possible based on inflation.
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I seconded your opinion...Ya.  , while yours is well simulated, still waiting for $1.15 to arrive
This is a simulated stock. it make no different buy or selling now. U can now wait for opportunities to sell your mother and or right share, concentrate on when px movement surge above $1.15ct (different of 0.10ct) and so on....Happy trading..Ya. Just sharing my thot.
BB-trader ( Date: 16-Nov-2009 15:15) Posted:
| this counter is well manipulated, BB still like you to sell more lots to them, |
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The very best time is base on rumour of getting one when huge volume surge for a day or two, or even for a few days when suddenly trading prices surge (chk graph) by say 15% - 20% before anything happen, like been suspend.
Opening day will be there for alot of BBs to show their support (buy & contra off only), however BBs will take their profit sometime B4 that
Sell into good news. just my another imagination again. No calling, ur $, ur decision.
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teeth53 ( Date: 20-Feb-2010 14:19) Posted:
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_457A695D38655DD9482576CF0034BCC7/$file/GENS_Q409Announcement.pdf?openelement
0.95ct broken, look 0.90ct is = every expensive liao.
Me tink (oni my guess hoh) next support level is at about 89ct for coming week. Happy trading...Ya
GENT SP share price slid for a fourth straight day on Friday in heavy trading amid continued worries over its newly opened Resorts World Sentosa (RWS), S'pore's first integrated resort.
There was more grim news after the market closed as Genting posted a full-year net loss of $277.6 million, more than double the $124.8 million in 2008. Revenue fell 22 per cent to $491. 2 million.
The stock continued to be sold down and slid to a near six month low losing one cent, or 1.1%, to 94 cents. It is now down 28% from a record high of $1.30 it hit on Dec 31.
The counter has been traded heavily since its casino opened over the Chinese New Year holiday period, with 366 million shares changing hands on Friday following 369 million done on Thursday.
This is more than triple the average daily volume of 105 million shares of Genting traded over the past six months.
Analysts at Nomura Securities think the stock has further to fall as RWS has already announced the openings of its key attractions - the casino and theme park.
Read the full story in Saturday's edition of The Straits Times. |
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http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_457A695D38655DD9482576CF0034BCC7/$file/GENS_Q409Announcement.pdf?openelement
0.95ct broken, look 0.90ct is = every expensive liao.
Me tink (oni my guess hoh) next support level is at about 89ct for coming week. Happy trading...Ya
GENT SP share price slid for a fourth straight day on Friday in heavy trading amid continued worries over its newly opened Resorts World Sentosa (RWS), S'pore's first integrated resort.
There was more grim news after the market closed as Genting posted a full-year net loss of $277.6 million, more than double the $124.8 million in 2008. Revenue fell 22 per cent to $491. 2 million.
The stock continued to be sold down and slid to a near six month low losing one cent, or 1.1%, to 94 cents. It is now down 28% from a record high of $1.30 it hit on Dec 31.
The counter has been traded heavily since its casino opened over the Chinese New Year holiday period, with 366 million shares changing hands on Friday following 369 million done on Thursday.
This is more than triple the average daily volume of 105 million shares of Genting traded over the past six months.
Analysts at Nomura Securities think the stock has further to fall as RWS has already announced the openings of its key attractions - the casino and theme park.
Read the full story in Saturday's edition of The Straits Times.
Hi star-trader ,
Thank u for the value comments .
Regards , Bintang .
star-trader ( Date: 20-Feb-2010 13:16) Posted:
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Bintang,
I agreed with you on this as it is touching the 200MA. but... one thing i would like to enlighten you guys..is when the technical chart showing it will be bullish, but the market condition doesn't allow it to be, this is the time BB will accumulate until the next push.. So there is also exception to the chart but ....
I would like to stress something on TA:
1) to provide signals where the stock will become bullish but due to certain condition, it wont go up yet, is just like "durian drop has time to ripe". Accumulation in the process, so if you can ride with the BBs, you win the game. If you can't and sell at the lowest to them due to fear, then the game is over.
2) TA signals like charts provide confirming indicators on analyzing the price trend and the logic when the pattern breakout and when to be back in again.
3) TA is a simple logic where you can gauge entry and exit strategies but that doesn't means 100 percent accurate as it is dynamically influenced by market conditions as well. So taking advantage of the probability of correct trade at the correct time keeping out the unsuccessful trades.What I mean is stock price somehow showing it is good to enter, but due to external factor, you still got to wait although it is showing uptrend in the next few days.
4) TA signals helps you to develop a trading strategy without fears and without hearsay on what other people ask you to buy. Each trades, you got to have a plan, is just like war to strategies what will happen if it goes down to certain level, etc etc...
rgds,
star-trader
purelotus ( Date: 20-Feb-2010 11:41) Posted:
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Bintang,
I agreed with you on this as it is touching the 200MA. but... one thing i would like to enlighten you guys..is when the technical chart showing it will be bullish, but the market condition doesn't allow it to be, this is the time BB will accumulate until the next push.. So there is also exception to the chart but ....
I would like to stress something on TA:
1) to provide signals where the stock will become bullish but due to certain condition, it wont go up yet, is just like "durian drop has time to ripe". Accumulation in the process, so if you can ride with the BBs, you win the game. If you can't and sell at the lowest to them due to fear, then the game is over.
2) TA signals like charts provide confirming indicators on analyzing the price trend and the logic when the pattern breakout and when to be back in again.
3) TA is a simple logic where you can gauge entry and exit strategies but that doesn't means 100 percent accurate as it is dynamically influenced by market conditions as well. So taking advantage of the probability of correct trade at the correct time keeping out the unsuccessful trades.What I mean is stock price somehow showing it is good to enter, but due to external factor, you still got to wait although it is showing uptrend in the next few days.
4) TA signals helps you to develop a trading strategy without fears and without hearsay on what other people ask you to buy. Each trades, you got to have a plan, is just like war to strategies what will happen if it goes down to certain level, etc etc...
rgds,
star-trader
purelotus ( Date: 20-Feb-2010 11:41) Posted:
Bintang ( Date: 19-Feb-2010 20:48) Posted:
| There would be a lot of off loading or short covering when Genting goes up to 96 cents or above , but to reverse the down trend would be impossible |
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No Chart or No One can tell you it will go up or down.
However from what I observe - Its a Buy Call from me :)
There are few BBs playing this baby - It is set to rebound now ! But till what TP "No one knows" :)
Its up to the banker BB "Cao Cao"
Bond Holders already sold off most of their holdings from 1.20 :)
Been telling u guys many days ago Expect the unexpected --- :)
Its a Buy call from me :P
BOSAYOR :)
Please Throw away your FA & TA for this baby :P HUAT AH -- Choose your Best price you think to enter. "This baby is not for newbies"
8888 -- Singapore HUAT AH
OO123123 ( Date: 20-Feb-2010 11:50) Posted:
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pls pardon me for asking simple question as i am quite new in the market still. Bond holder almost finish selling the 450million shares? as this past 2 days vol was 0.37 bil each day. So the big volume was absorbed by whom?by retailers or big brothers...For the past 2 days, the distribution mode was with great volume...how to track the commence of accumulaton?
If presure selling was over then is it time to re-enter?
Pls advise few of my humble technical findings, RSI & sochastic has reach safe zone, both indicated oversold, but still under 200-MA , bulish doji formed which is reversal sign...do we need confirmation signal to enter market?
imediate support will be 90cts, the next resistance will be 1.00?
pls advise, thanks.
risktaker ( Date: 20-Feb-2010 08:03) Posted:
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Most Bond Holders are out. Now Its CaoCao Turn :)
I surrender to Cao cao :P Hes the greatest warlord in singapore |
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pls pardon me for asking simple question as i am quite new in the market still. Bond holder almost finish selling the 450million shares? as this past 2 days vol was 0.37 bil each day. So the big volume was absorbed by whom?by retailers or big brothers...For the past 2 days, the distribution mode was with great volume...how to track the commence of accumulaton?
If presure selling was over then is it time to re-enter?
Pls advise few of my humble technical findings, RSI & sochastic has reach safe zone, both indicated oversold, but still under 200-MA , bulish doji formed which is reversal sign...do we need confirmation signal to enter market?
imediate support will be 90cts, the next resistance will be 1.00?
pls advise, thanks.
risktaker ( Date: 20-Feb-2010 08:03) Posted:
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Most Bond Holders are out. Now Its CaoCao Turn :)
I surrender to Cao cao :P Hes the greatest warlord in singapore
risktaker ( Date: 20-Feb-2010 07:46) Posted:
| :P I think 31 will not do tha |
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Bintang ( Date: 19-Feb-2010 20:48) Posted:
There would be a lot of off loading or short covering when Genting goes up to 96 cents or above , but to reverse the down trend would be impossible .
Bintang ( Date: 19-Feb-2010 10:39) Posted:
| Genting SP has gone down all the way from $1.18 which had completed a technical rebounce to 90 cents today . If to have a technical rebounce again , it may only go up to 96 cents n touching the 200MA . The downside target is still at 87.5 cents |
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