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Genting Sing    Last:0.73    -0.005

GenSp starts to move up again

 Post Reply 18881-18900 of 23260
 
Sarahli
    18-Feb-2010 16:20  
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Even in a bearish phase, this is abnormal down trend for so many days in such a steep decline.  Something isn't right......
 
 
AnthonyTan
    18-Feb-2010 16:20  
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Not to long ago, Ah Lim have sold a very big quantity

of his own shares, right?



grandmaster89      ( Date: 18-Feb-2010 16:14) Posted:



FY 2007

Revenue: $751.7 million
Net LOSS: $382.8 million

FY 2008

Revenue: $643.8 million
Net LOSS: $124.8 million

9M 2009

Revenue: $366.2 million
Net LOSS: $175.9 million

So how do they survive ?


Rights issue to gain capital from current shareholders.

2005 - Offer 5 for 3 @ $0.13

2007 - Offer 3 for 5 @ $0.60

2009 - Offer 1 for 5 @ $0.80

2011 - ???

How can such a company be included in the STI index ??? It is a joke. Even China HX quarterly profit will exceed its 3 years worth of crap results.

 
 
Andrew
    18-Feb-2010 16:18  
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There is still nothing after 95......it is a cliff.....
 

 
michellemoh1979
    18-Feb-2010 16:17  
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don't worry , seen already invest... just trust it, OK?

 
 
 
nickyng
    18-Feb-2010 16:16  
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95cts bingo !!! :P
 
 
AnthonyTan
    18-Feb-2010 16:16  
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I have said this many many times.

This is a speculative stock.

You must know when to go in

and when to run. Cheers and good luck.
 

 
grandmaster89
    18-Feb-2010 16:14  
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FY 2007

Revenue: $751.7 million
Net LOSS: $382.8 million

FY 2008

Revenue: $643.8 million
Net LOSS: $124.8 million

9M 2009

Revenue: $366.2 million
Net LOSS: $175.9 million

So how do they survive ?


Rights issue to gain capital from current shareholders.

2005 - Offer 5 for 3 @ $0.13

2007 - Offer 3 for 5 @ $0.60

2009 - Offer 1 for 5 @ $0.80

2011 - ???

How can such a company be included in the STI index ??? It is a joke. Even China HX quarterly profit will exceed its 3 years worth of crap results.
 
 
dealer0168
    18-Feb-2010 16:13  
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Genting Singapore falls to 5-month low on valuation concern
Written by Bloomberg   
Thursday, 18 February 2010 10:00

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Shares of Genting Singapore Plc, which has just opened its casino in the city-state, fell to its lowest level in five months on concern valuations have become unattractive following recent gains.
“While we remain positive on the group’s business model, valuations are very demanding,” Melvyn Boey, an analyst at Bank of America’s Merrill Lynch in Singapore, told Bloomberg news. 
 
 
trader9988
    18-Feb-2010 16:13  
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fundamental wise ,their long term debt is sgd $3.7 billion......any one can estimate the annual earnings ..boy  wonder will take how many yrs to clear this debt..... personally i wont touch this counter for investing long term, but short term trading good ... currently trend down dont fight it...
 
 
michellemoh1979
    18-Feb-2010 16:11  
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I found that Genting Sp, diff from others share..... because it also going up on friday, believe it or not?????????

 
 

 
iPunter
    18-Feb-2010 16:10  
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How are you so certain that
"They are out to short the market as low as they can"????
You know 'them' ? Or is it just your own wild speculation?

Please stop such talk...  let the market speak for itself... Smiley

alexchia01      ( Date: 18-Feb-2010 16:05) Posted:

Do you think Genting is at its bottom now and going up tomorrow?

If you think so, than go ahead and buy.

Mind you that this counter is full of shortlist now.

Their objective are to short the price as low as they can.

Unless you know what you are doing, I suggest you stay out of the market until this commotion is over.




wangwang828      ( Date: 18-Feb-2010 15:58) Posted:

omg..really nervous to make decision now...shall I go or not go?


 
 
iPunter
    18-Feb-2010 16:08  
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How are you so certain that

"They are out to short the market as low as they can"????

You know 'them' ? Or is it just your own wild speculation?


Please stop such talk...  let the market speak for itself... Smiley
 
 
leoleo
    18-Feb-2010 16:08  
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Will sell house & sell car to maximum load @0.65.
 
 
dealer0168
    18-Feb-2010 16:07  
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The drop is abnormal, wait first.

The drop maybe more.
 
 
nickyng
    18-Feb-2010 16:07  
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wow 95.5 cts !! wah!! 95cts is reaching soon!! :P
 

 
michellemoh1979
    18-Feb-2010 16:05  
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I holding a lot of 1.05, So I have to Q for 0.95... ok or not? Or below 0.95? any suggestion?

It seem like it will drop until 0.95 leh........................
 
 
tradersgx
    18-Feb-2010 16:05  
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                         \
                           \
                            \      
(1) EMA200..........\..../............ :  Waiting for this signal  (','  )
                                \ /

(2) MACD:                                 Waiting for cross upward signal (',' )


(3) Fast Stochastics :                   Oversold   ('.' )

(4) William%R:                            Oversold   ('.' )

(5) RSI:                                       Oversold   ('.' )
 
 
alexchia01
    18-Feb-2010 16:05  
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Do you think Genting is at its bottom now and going up tomorrow?

If you think so, than go ahead and buy.

Mind you that this counter is full of shortlist now.

Their objective are to short the price as low as they can.

Unless you know what you are doing, I suggest you stay out of the market until this commotion is over.




wangwang828      ( Date: 18-Feb-2010 15:58) Posted:

omg..really nervous to make decision now...shall I go or not go?

 
 
AnthonyTan
    18-Feb-2010 16:04  
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Akan datang 95 cts.
 
 
Andrew
    18-Feb-2010 15:59  
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BTW, this is an index stock...right ??...no wonder the optimism.....

AnthonyTan      ( Date: 18-Feb-2010 15:53) Posted:

Pl. follow market sentiment. Downward trend lor.

Can u guys remember the upward trend? Everybody

is shouting HUAT AH, TP $1.60 - $2.00 . I strongly

believe many followers are still holding px around $1.25



nickyng      ( Date: 18-Feb-2010 15:45) Posted:

u r being too optimistic lah....bearish trend now... :P dont fight the trend pls......ur bullets cant fight their cannons and missiles !! :D


 
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