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let's wait and see :)
dealer0168 ( Date: 18-Feb-2010 17:42) Posted:
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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.
kellychang ( Date: 18-Feb-2010 17:36) Posted:
i will buy genting, when it hit 70 cents.. seriously...
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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.
kellychang ( Date: 18-Feb-2010 17:36) Posted:
i will buy genting, when it hit 70 cents.. seriously...
boyikao3 ( Date: 18-Feb-2010 17:34) Posted:
| I have not seen a single "follow through accumulation day" in Genting since its plunge started many weeks ago. Everything surrounding this counter is just pure hot air.... |
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i will buy genting, when it hit 70 cents..
seriously...
boyikao3 ( Date: 18-Feb-2010 17:34) Posted:
| I have not seen a single "follow through accumulation day" in Genting since its plunge started many weeks ago. Everything surrounding this counter is just pure hot air.... |
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I have not seen a single "follow through accumulation day" in Genting since its plunge started many weeks ago. Everything surrounding this counter is just pure hot air....
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:
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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
WLBO_BB ( Date: 18-Feb-2010 17:12) Posted:
based on my personal view, market sentiment not positive for buying but my hand very itchy, thus if i see any counter having some sell down ... i will set a stop loss and quickly jump in.... dun know if a lot of others have the same resaon....??? |
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..still have to wait long long.. perhaps $0.6x ...
Genting Singapore (G13.SG) faces downside risk as its casino opening nears, says Goldman Sachs.
After the company was awarded casino operating license for Resorts World Sentosa (RWS) over weekend, the broker says casino may now open before Chinese New Year, “which is positive given the typically strong CNY gaming demand.”
But it says some uncertainty remains on exact opening date as resort’s Universal Studios theme park not yet ready to open. “We think it is uncertain if RWS will choose to open the casino ahead of the larger attraction in Universal Studios, and potentially risk losing the integrated resort aim.”
Goldman Sachs believes market expectations are running too high; “even disregarding whether Genting Singapore will open its casino in time for CNY, we think there is already too much undue investor optimism for its Singapore casino.”
It sees significant de-rating risk, especially if gaming revenues from VIP clients disappoint.
Goldman Sachs is maintaining its “sell” rating and 68 cents price target, keeping the stock on its “conviction sell” list.
The Edge 8Feb'10
well u better pray DJ cont'd to be green tonite...or else u will running with ur pants down and Genting punched thru 90cts tomor !! TGIF ! :P
teeth53 ( Date: 18-Feb-2010 17:20) Posted:
0.95 cts has not been punch. 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)
teeth53 ( Date: 18-Feb-2010 16:50) Posted:
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So great wall, remain great...solid defended so far by d X-boy
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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
WLBO_BB ( Date: 18-Feb-2010 17:12) Posted:
based on my personal view, market sentiment not positive for buying but my hand very itchy, thus if i see any counter having some sell down ... i will set a stop loss and quickly jump in.... dun know if a lot of others have the same resaon....??? |
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well hard to say....this is a BIG HUGE casino ONLINE that u hv here ! :P
wishbone ( Date: 18-Feb-2010 17:10) Posted:
Will that be worse once Sands opens in April ?????????????
nickyng ( Date: 18-Feb-2010 17:02) Posted:
| [Dow Jones] Genting Singapore
(G13.SG) tumbles to lowest level since September 2009 as pre-open hype
for integrated resort Resorts World Sentosa (RWS) gives way to worries
over whether profits will live up to expectations. Shares down 5.9% at
S$0.96 (STI off 0.7%); order book quotes suggest near-term support lies
at S$0.95 with bids clustered there. "With news of both the casino and
the Universal Studio theme park (openings) already behind us, we do not
see fresh positive catalysts for the stock," says Nomura; maintains
Reduce rating and S$0.77 target price. Broker says sentiment towards
stock could turn increasingly negative once the initial strong crowds at
opening start to taper off; believes potential size of Singapore casino
market is overstated. "Given the high expectations and the hype built
up over the past few months, Genting will have constantly to beat
expectations to justify the lofty valuations." (KIG)
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So I downgrade my buying price to Sgd. 0.78 and start buying then!
nickyng ( Date: 18-Feb-2010 17:02) Posted:
| [Dow Jones] Genting Singapore
(G13.SG) tumbles to lowest level since September 2009 as pre-open hype
for integrated resort Resorts World Sentosa (RWS) gives way to worries
over whether profits will live up to expectations. Shares down 5.9% at
S$0.96 (STI off 0.7%); order book quotes suggest near-term support lies
at S$0.95 with bids clustered there. "With news of both the casino and
the Universal Studio theme park (openings) already behind us, we do not
see fresh positive catalysts for the stock," says Nomura; maintains
Reduce rating and S$0.77 target price. Broker says sentiment towards
stock could turn increasingly negative once the initial strong crowds at
opening start to taper off; believes potential size of Singapore casino
market is overstated. "Given the high expectations and the hype built
up over the past few months, Genting will have constantly to beat
expectations to justify the lofty valuations." (KIG)
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0.95 cts has not been punch. 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)teeth53 ( Date: 18-Feb-2010 16:50) Posted:
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So great wall, remain great...solid defended so far by d X-boy
teeth53 ( Date: 18-Feb-2010 16:37) Posted:
Tide maybe turning.... so d great wall remain great...so far.
| Genting SP |
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1.020 |
0.960 |
-0.060 |
-5.9 |
333,759,000 |
Vol:10,081,000 |
0.955 |
0.960 |
10,645,000 |
1.020 |
0.950 |
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based on my personal view, market sentiment not positive for buying but my hand very itchy, thus if i see any counter having some sell down ... i will set a stop loss and quickly jump in.... dun know if a lot of others have the same resaon....???
Will that be worse once Sands opens in April ?????????????
nickyng ( Date: 18-Feb-2010 17:02) Posted:
| [Dow Jones] Genting Singapore
(G13.SG) tumbles to lowest level since September 2009 as pre-open hype
for integrated resort Resorts World Sentosa (RWS) gives way to worries
over whether profits will live up to expectations. Shares down 5.9% at
S$0.96 (STI off 0.7%); order book quotes suggest near-term support lies
at S$0.95 with bids clustered there. "With news of both the casino and
the Universal Studio theme park (openings) already behind us, we do not
see fresh positive catalysts for the stock," says Nomura; maintains
Reduce rating and S$0.77 target price. Broker says sentiment towards
stock could turn increasingly negative once the initial strong crowds at
opening start to taper off; believes potential size of Singapore casino
market is overstated. "Given the high expectations and the hype built
up over the past few months, Genting will have constantly to beat
expectations to justify the lofty valuations." (KIG)
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Just now akan datang. Now showing 95 cts.
Uncles & aunties, very chiat luck lor (very hard hit)
Then I am one of your friends... hehehe...
alexchia01 ( Date: 18-Feb-2010 16:50) Posted:
No la. I've nothing against shortist. Going short is a legit trading method.
I've friends who like to go short too.
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[Dow Jones] Genting Singapore
(G13.SG) tumbles to lowest level since September 2009 as pre-open hype
for integrated resort Resorts World Sentosa (RWS) gives way to worries
over whether profits will live up to expectations. Shares down 5.9% at
S$0.96 (STI off 0.7%); order book quotes suggest near-term support lies
at S$0.95 with bids clustered there. "With news of both the casino and
the Universal Studio theme park (openings) already behind us, we do not
see fresh positive catalysts for the stock," says Nomura; maintains
Reduce rating and S$0.77 target price. Broker says sentiment towards
stock could turn increasingly negative once the initial strong crowds at
opening start to taper off; believes potential size of Singapore casino
market is overstated. "Given the high expectations and the hype built
up over the past few months, Genting will have constantly to beat
expectations to justify the lofty valuations." (KIG)
Very fishy indeed, everyone is wondering what is causing the large sell down.
-6.9% drop highest among the sti components ... need to say more?
let's talk about tomolo... today gone liao... tomolo sure bye bye 90cts
Integrity ( Date: 18-Feb-2010 16:52) Posted:
| Just my prediction, will close at $0.94 |
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yesterday + today HUGE DOWN bar on HUGE VOL..
tells u something is wrong with genting..
Suggestion : those who wanna cut loss..better cut..
DYODD....
