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Genting Sing    Last:0.73   -

GenSp starts to move up again

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iPunter
    18-Feb-2010 22:14  
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With this news, it's NickNg's big opportunity ...

hehehe... Smiley
 
 
xorion
    18-Feb-2010 22:13  
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40 mil!! tmr will rise?
 
 
smartrader
    18-Feb-2010 22:10  
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<>
Casino made S$40mil in two days
Thu, Feb 18, 2010
The Daily Chilli


THE first casino in Singapore made S$40mil in the first two days of its opening and Malaysians contributed one-third of the revenue.

On the first day, the casino had attracted a long list of multimillionaires from China, Hong Kong and Taiwan.

Most of them were regular customers of big casinos in the world who arrived in their private jets, Shinmin Daily reported.

These big-time gamblers, who had planned to fly to Macau and Las Vegas during the Lunar New Year period, had at the last minute changed their mind to try their luck at the new casino in the republic.

It is learnt most of them landed at Seletar Airport, where they were transported to Resorts World Sentosa in limousines.

Malaysians and Singaporeans visitors have also rushed to the casino on its opening day.

It was observed that gamblers travelling in at least 20 sports cars including Ferrari and Lamborghini arrived at the casino in the evening and left only the next day.

-The Daily Chilli/Asia News Network
 

 
smartrader
    18-Feb-2010 21:41  
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should ask why people are willing to provide the funds to this company to build an empire in their homeland and making money from there..... not any tom dick harry company can have such priviledge ?

my personal answer is the confidence by retail, institutions and Singapore Govt in Genting's ability to make the venture works ...

forgot to mention that the jackpot machines in Genting can switch  dual languages (English and Chinese) -- Genting has set its targets in attracting the rich Chinese to gamble there...
 
 
Sarahli
    18-Feb-2010 21:36  
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Might building an IR that cost more than 6.5B and will be a possible top tourist draw in SE Asia be an answer?
 
 
grandmaster89
    18-Feb-2010 21:30  
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Why do people choose to buy a company that has been making losses for three consecutive years and had to raise funds from rights issues three times over the past 5 years ???

 
 

 
smartrader
    18-Feb-2010 21:27  
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don't know leh.. first time buying this share... will buy 10 lots at every 5 cts drop till it rebounds..i think cannot die like that..
 
 
Sarahli
    18-Feb-2010 21:25  
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Let me join in and say if 0.59, I will buy up as much as I can.  But I guess Smartrader might be really smart in not joining the crowd when they are singing the same song. 
 
 
smartrader
    18-Feb-2010 21:20  
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bought 10 lots at 95.5 ..with all the negativity, looks like have to pick up...will q to contra at 1.02 tomorrow, haha.. wish me good luck...
 
 
iPunter
    18-Feb-2010 20:42  
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Long black candle today is omninous sign....

plus the speed of fall... definitely not auspicious  in the year of the tiger...


I revised my entry point to .67...

Hope it will reach that within this month (after rebounds) ... Smiley
 

 
trader9988
    18-Feb-2010 20:24  
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bearish adx above 20...seem gathering strength..if keep fallin looking at nxt support 86 cts....
 
 
sharez
    18-Feb-2010 19:52  
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last high low gap was 0.60, do not know this time will it be the same: 1.3-0.6= 0.7
 
 
DnApeh
    18-Feb-2010 19:07  
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Watch ADX, please.
 
 
risktaker
    18-Feb-2010 18:48  
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Lets assume this :) If i am a bond holder which i will get 100 million shares @ 0.95. I will go borrow shares from FI and Sell it around (1.2x range). Of course when I sell it down I already created a bad market sentiments :) Many will follow suite shorting it as they saw Big boys throwing it out. 

You have to understand that Bond Holders are low risk takers - They will not hold Genting :)

So after this few days of sell down and have they clear out their 400 million shares ?

This is the question you should ask yourself :P

I personally feel that Genting will touch 0.93 tomorrow :) Will it rebound ? haha it really depends on their Quarter Report tomorrow :P

We might see 0.8x next week if things turn nasty. But 70 cents range it will never happen :)

BOSAYOR hor -- I am just guessing nia 

 
 
 
risktaker
    18-Feb-2010 18:35  
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:)



kellychang      ( Date: 18-Feb-2010 18:11) Posted:

yes..very blue leh...

short her...u want short u short faster ohh, then the best short her till 70 cents then i can buy big :)



WLBO_BB      ( Date: 18-Feb-2010 18:08) Posted:

no, never.. now only interested to short her.... (sound abit blue hor, sori any lady out there..


 

 
kellychang
    18-Feb-2010 18:11  
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yes..very blue leh...

short her...u want short u short faster ohh, then the best short her till 70 cents then i can buy big :)



WLBO_BB      ( Date: 18-Feb-2010 18:08) Posted:

no, never.. now only interested to short her.... (sound abit blue hor, sori any lady out there..)

kellychang      ( Date: 18-Feb-2010 17:58) Posted:

u interested in this babe?

me too...but i want to own her @ 0.70...

possible? hehehe..

nth is impossible...



 
 
WLBO_BB
    18-Feb-2010 18:08  
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no, never.. now only interested to short her.... (sound abit blue hor, sori any lady out there..)

kellychang      ( Date: 18-Feb-2010 17:58) Posted:

u interested in this babe?

me too...but i want to own her @ 0.70...

possible? hehehe..

nth is impossible...



WLBO_BB      ( Date: 18-Feb-2010 17:54) Posted:

imagine i jump in, you jump in and later some kana margin call... and even later the many many more uncle and auntie panic sell.... the boat dun collapse also difficult..


 
 
kellychang
    18-Feb-2010 17:58  
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u interested in this babe?

me too...but i want to own her @ 0.70...

possible? hehehe..

nth is impossible...



WLBO_BB      ( Date: 18-Feb-2010 17:54) Posted:

imagine i jump in, you jump in and later some kana margin call... and even later the many many more uncle and auntie panic sell.... the boat dun collapse also difficult...

wishbone      ( Date: 18-Feb-2010 17:30) Posted:

Well said. I am with you. Study the charts and "feel" the market sentiment. The latter being the most powerful indicator. If market sentiment is bad, whatever FA & TA also no use. The market is ALWAYS RIGHT!!!!!!  


 
 
WLBO_BB
    18-Feb-2010 17:54  
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imagine i jump in, you jump in and later some kana margin call... and even later the many many more uncle and auntie panic sell.... the boat dun collapse also difficult...

wishbone      ( Date: 18-Feb-2010 17:30) Posted:

Well said. I am with you. Study the charts and "feel" the market sentiment. The latter being the most powerful indicator. If market sentiment is bad, whatever FA & TA also no use. The market is ALWAYS RIGHT!!!!!!  

AnthonyTan      ( Date: 18-Feb-2010 17:25) Posted:

Very common.Many ppl think that the selling is over done.

They go in to buy hoping that the share px. will improve

in order to make a profit. You must have a cut loss px.

Don't go against the market. I alway believe in market

sentiment. Cheers and good luck



 
 
dealer0168
    18-Feb-2010 17:50  
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if happened, wow........ good liao......than i will buy BUY BUY.

Cheers.



kellychang      ( Date: 18-Feb-2010 17:45) Posted:

let's wait and see :)

 



dealer0168      ( Date: 18-Feb-2010 17:42) Posted:

if it happens...............

I will buy alot also. But i doubt the day will come. At most i thk the drop is until 0.80 to 0.90.



 
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