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Genting Sing    Last:0.735    +0.005

GenSp starts to move up again

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WLBO_BB
    24-Jan-2010 15:25  
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anyone here still remember a old saying on SENTOSA :

So Expensive & Nothing To See A... (sori, cannot remember liao...heehee)
 
 
smartrader
    24-Jan-2010 14:38  
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not so soon ..sentosa is a ghost town without the remaking, need more .
 
 
street81
    24-Jan-2010 14:35  
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Hopefully this news will help the share price go up on Monday.

dragonboy      ( Date: 24-Jan-2010 11:36) Posted:

Sentosa sees 10% increase in visitor numbers since opening of IR

Sentosa sees 10% increase in visitor numbers since opening of IR

SINGAPORE : There has been a 10 per cent increase in the number of visitors to Singapore’s resort island of Sentosa since the country’s first integrated resort opened on Wednesday.

For now, traffic into the island is smooth but the island’s management said it expects visitor numbers to triple when Resorts World Sentosa is fully operational.

Traffic flow was manageable when MediaCorp was at Sentosa on Saturday afternoon.

Cars were cleared in about 10 seconds with the flat fee pricing, instead of the 20 to 30 seconds it took to process each car when fees were based on the number of passengers in each vehicle.

Currently, Sentosa receives about 24,000 visitors on a regular weekend.

It expects the numbers to go up to 40,000 to 60,000 when Resorts World Sentosa is fully operational.

David Goh, director, Operations & Retail, Sentosa Leisure Group, said: "We actually over—prepared to ensure that there is enough staff to handle things in case there is a surge. As and when the crowd is manageable, we (will) step down our manpower.

"We usually have about 10...admission hosts, who manage the cars coming in; we added 50 per cent of the manpower this morning, just in case there is a surge. Likewise at Express Station, we also increased our manpower there.

"The planning started months or even more than a year ago. (We worked)...with LTA to manage the road improvement works and also coordinated with Maple Tree where our Express Station is located within VivoCity.

"So there has been a lot of coordination work being put in place way back and more recently, we have worked with Police as well to work on crowd management plans, traffic management plans. So we are ready for the increase."

Within Resorts World itself, there were day trippers aplenty.

One visitor said: "We are here to explore the Resorts World in Sentosa and also to check out the other attractions."

The Victoria’s Secret boutique, the first in Asia, attracted its fair share of crowds.

A visitor said: "We want to see how big is the shop itself. Actually it is a bit small, there is no fitting room but it is okay."

Another commented: "The casino is not yet open but the place, the branded products like Victoria’s Secret, we love it!"

The resort’s hotels were also busy.

Robin Goh, assistant director, Communications, Resorts World Sentosa, said: "Festive and Hard Rock hotels are both fully booked this weekend. We are looking at a 90 per cent occupancy rate.

"We saw a surge in bookings towards the end of the week, and I can say that occupancy will average about 80 to 90 per cent for the following four weeks as well."

However, there are still some kinks to be ironed out. Mr Goh said: "With a resort this size, we are experiencing what we call opening pains. We have received complaints about the car park being too huge, not enough signage, something we are working on. I think some people get a little lost with regards to where the four hotels are. In time, these things will be worked out".

And of course apart from the theme park, many are also waiting for the casino to open.

One person said: "So far the casino here hasn’t opened yet, actually I want to go down and take a look."

At the casino’s main entrance — much like the immigration lanes at the airport — visitors will be segregated according to whether they are Singaporeans and PRs or overseas guests.

And locals will have to pay the S$100 levy to enter the casino hall, located just a few metres from the casino check—in lanes.

Resorts World Sentosa has said that it expects up to 13 million visitors annually when it is fully operational. That is about 35,600 visitors daily. — CNA/ms



Bon3260      ( Date: 24-Jan-2010 09:11) Posted:

Show Off!

But I like it! ('',)



 

 
dragonboy
    24-Jan-2010 11:36  
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Sentosa sees 10% increase in visitor numbers since opening of IR

Sentosa sees 10% increase in visitor numbers since opening of IR

SINGAPORE : There has been a 10 per cent increase in the number of visitors to Singapore’s resort island of Sentosa since the country’s first integrated resort opened on Wednesday.

For now, traffic into the island is smooth but the island’s management said it expects visitor numbers to triple when Resorts World Sentosa is fully operational.

Traffic flow was manageable when MediaCorp was at Sentosa on Saturday afternoon.

Cars were cleared in about 10 seconds with the flat fee pricing, instead of the 20 to 30 seconds it took to process each car when fees were based on the number of passengers in each vehicle.

Currently, Sentosa receives about 24,000 visitors on a regular weekend.

It expects the numbers to go up to 40,000 to 60,000 when Resorts World Sentosa is fully operational.

David Goh, director, Operations & Retail, Sentosa Leisure Group, said: "We actually over—prepared to ensure that there is enough staff to handle things in case there is a surge. As and when the crowd is manageable, we (will) step down our manpower.

"We usually have about 10...admission hosts, who manage the cars coming in; we added 50 per cent of the manpower this morning, just in case there is a surge. Likewise at Express Station, we also increased our manpower there.

"The planning started months or even more than a year ago. (We worked)...with LTA to manage the road improvement works and also coordinated with Maple Tree where our Express Station is located within VivoCity.

"So there has been a lot of coordination work being put in place way back and more recently, we have worked with Police as well to work on crowd management plans, traffic management plans. So we are ready for the increase."

Within Resorts World itself, there were day trippers aplenty.

One visitor said: "We are here to explore the Resorts World in Sentosa and also to check out the other attractions."

The Victoria’s Secret boutique, the first in Asia, attracted its fair share of crowds.

A visitor said: "We want to see how big is the shop itself. Actually it is a bit small, there is no fitting room but it is okay."

Another commented: "The casino is not yet open but the place, the branded products like Victoria’s Secret, we love it!"

The resort’s hotels were also busy.

Robin Goh, assistant director, Communications, Resorts World Sentosa, said: "Festive and Hard Rock hotels are both fully booked this weekend. We are looking at a 90 per cent occupancy rate.

"We saw a surge in bookings towards the end of the week, and I can say that occupancy will average about 80 to 90 per cent for the following four weeks as well."

However, there are still some kinks to be ironed out. Mr Goh said: "With a resort this size, we are experiencing what we call opening pains. We have received complaints about the car park being too huge, not enough signage, something we are working on. I think some people get a little lost with regards to where the four hotels are. In time, these things will be worked out".

And of course apart from the theme park, many are also waiting for the casino to open.

One person said: "So far the casino here hasn’t opened yet, actually I want to go down and take a look."

At the casino’s main entrance — much like the immigration lanes at the airport — visitors will be segregated according to whether they are Singaporeans and PRs or overseas guests.

And locals will have to pay the S$100 levy to enter the casino hall, located just a few metres from the casino check—in lanes.

Resorts World Sentosa has said that it expects up to 13 million visitors annually when it is fully operational. That is about 35,600 visitors daily. — CNA/ms



Bon3260      ( Date: 24-Jan-2010 09:11) Posted:

Show Off!

But I like it! ('',)



AK_Francis      ( Date: 24-Jan-2010 09:03) Posted:

Tks for your invaluable advice.

Ha ha, wife brother-in-law at JB, invited us for good durian. But not sure hv to put on black band or not. Last time, Sporean kana wack when his mother passed away.

Really, MAS.

He he, last evening, kana 500 20cts jactpot at Cheveron, my daughter frd marry dinner time. Later, must buy 4D liao.



 
 
Bon3260
    24-Jan-2010 09:11  
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Show Off!

But I like it! ('',)



AK_Francis      ( Date: 24-Jan-2010 09:03) Posted:

Tks for your invaluable advice.

Ha ha, wife brother-in-law at JB, invited us for good durian. But not sure hv to put on black band or not. Last time, Sporean kana wack when his mother passed away.

Really, MAS.

He he, last evening, kana 500 20cts jactpot at Cheveron, my daughter frd marry dinner time. Later, must buy 4D liao.



teeth53      ( Date: 22-Jan-2010 20:34) Posted:

Hi AK, just sharing info only, use your experience, don't go with thr....crowd.

Was monitoring again for week, after week liao, many were was shouting for $1.30 plus plus, but never come. maybe belated

one more week will pass by Jan 2010 (Mon 25th - Fri 29th), will it chiongg 1.6 - 2.0 come Feb. Let see, hopefully. Traded summary shown: Many bot back at $1.20 & as many sold at $1.20.

Those sold at such level, has to cut lost, including a married deal.

Last Trades Volume Bid Volume Mid Ask Volume
1.180 26 1,774,000 1,774,000 0 0
1.190 245 19,450,000 10,114,000 0 9,336,000
1.200 1,201 114,938,000 53,742,000 3,446,000 57,750,000
1.210 834 40,251,000 9,662,000 1,700,000 28,889,000
1.215 1 100,000 0 100,000 0
1.220 422 23,053,000 2,712,000 500,000 19,841,000
1.237 1 690,000 0 690,000 0
TOTAL 2,730 200,256,000 78,004,000 6,436,000 115,816,000


 
 
AK_Francis
    24-Jan-2010 09:03  
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Tks for your invaluable advice.

Ha ha, wife brother-in-law at JB, invited us for good durian. But not sure hv to put on black band or not. Last time, Sporean kana wack when his mother passed away.

Really, MAS.

He he, last evening, kana 500 20cts jactpot at Cheveron, my daughter frd marry dinner time. Later, must buy 4D liao.



teeth53      ( Date: 22-Jan-2010 20:34) Posted:

Hi AK, just sharing info only, use your experience, don't go with thr....crowd.

Was monitoring again for week, after week liao, many were was shouting for $1.30 plus plus, but never come. maybe belated

one more week will pass by Jan 2010 (Mon 25th - Fri 29th), will it chiongg 1.6 - 2.0 come Feb. Let see, hopefully. Traded summary shown: Many bot back at $1.20 & as many sold at $1.20.

Those sold at such level, has to cut lost, including a married deal.

Last Trades Volume Bid Volume Mid Ask Volume
1.180 26 1,774,000 1,774,000 0 0
1.190 245 19,450,000 10,114,000 0 9,336,000
1.200 1,201 114,938,000 53,742,000 3,446,000 57,750,000
1.210 834 40,251,000 9,662,000 1,700,000 28,889,000
1.215 1 100,000 0 100,000 0
1.220 422 23,053,000 2,712,000 500,000 19,841,000
1.237 1 690,000 0 690,000 0
TOTAL 2,730 200,256,000 78,004,000 6,436,000 115,816,000



AK_Francis      ( Date: 16-Jan-2010 18:13) Posted:



Ha ha, d pariot cry over d causeway, fr my kampong in d North to JB, now is "Did You Buy Spore Genting, a lot of people buying leh"!!!

Because of d above, AK kana bought for my sister-in-law in last Nov and d latest my wife sister-in-law. Got it at 1.24, seller px, last Fri when market opens, within 1st min. Of course, they had asked for my opinion prior to d buy.

Hope for d best liao. Cheers.


 

 
soulcries
    23-Jan-2010 23:40  
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ya,exactly...

if u gona check out the outstanding share X the value of their current asset and compare to the current price X outstanding share.

 definitely is overvalue

u will get shock



gabjen      ( Date: 23-Jan-2010 21:01) Posted:

Goldman is even better ,not long ago they tp Genting at $0.68.You can choose to trust them if you want.Remember back in 07? These are the same ppl  giving a "BUY" rating for SGX and Cosco when they are trading at $16 and $8 respectively.



smartrader      ( Date: 22-Jan-2010 20:27) Posted:

Genting Singapore Plc was rated “sell” in a new coverage by Citigroup Inc., saying expectations for its integrated resort in Singapore are “irrationally bullish.”
 
Citigroup rates Genting Bhd a “hold” and Genting Malaysia Bhd a “buy.”


 
 
commando
    23-Jan-2010 21:12  
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sell & short
 
 
gabjen
    23-Jan-2010 21:01  
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Goldman is even better ,not long ago they tp Genting at $0.68.You can choose to trust them if you want.Remember back in 07? These are the same ppl  giving a "BUY" rating for SGX and Cosco when they are trading at $16 and $8 respectively.



smartrader      ( Date: 22-Jan-2010 20:27) Posted:

Genting Singapore Plc was rated “sell” in a new coverage by Citigroup Inc., saying expectations for its integrated resort in Singapore are “irrationally bullish.”
 
Citigroup rates Genting Bhd a “hold” and Genting Malaysia Bhd a “buy.”

 
 
yummygd
    23-Jan-2010 10:42  
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haha actually i read this counter for entertainment and insight.Its interesting to see what people have to say about this counter.I think genting will be making money in one year time.Casino who wont make money.They take your money and take and take and take....went up to Genting 3 times liao always come home with no more cash.If only universal theme park of course wont make Casino of course suck you dry.Only way for Genting not to earn is to not open Casino lor but impossible.Somemore built in Sentosa.Attractions everywhere.I hope you short yesterday den you sure earn alot.Happy early CNY to you.
 

 
soulcries
    23-Jan-2010 09:06  
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i think u more funny,most active counter is for u short and can drive down the price pretty fast.

now is not the best time to short now,i still keep monitoring this counter will short when it hit ard 1.28..but have to see chart first.

this counter is OVERSPECULATION.

the price u see have been reflected that casino opening and casino earning money but see where is their casino,their casino havt started yet.

this type counter worth less than a $1.

 

run now or else is too late



tanweechong      ( Date: 22-Jan-2010 17:33) Posted:

Must be kidding to short the most active counter!!!!

Very funny...



risktaker      ( Date: 22-Jan-2010 16:27) Posted:

Are you serious ? :) You want to short this baby ? :P

Dont Regret



 
 
teeth53
    22-Jan-2010 20:34  
Contact    Quote!

Hi AK, just sharing info only, use your experience, don't go with thr....crowd.

Was monitoring again for week, after week liao, many were was shouting for $1.30 plus plus, but never come. maybe belated

one more week will pass by Jan 2010 (Mon 25th - Fri 29th), will it chiongg 1.6 - 2.0 come Feb. Let see, hopefully. Traded summary shown: Many bot back at $1.20 & as many sold at $1.20.

Those sold at such level, has to cut lost, including a married deal.

Last Trades Volume Bid Volume Mid Ask Volume
1.180 26 1,774,000 1,774,000 0 0
1.190 245 19,450,000 10,114,000 0 9,336,000
1.200 1,201 114,938,000 53,742,000 3,446,000 57,750,000
1.210 834 40,251,000 9,662,000 1,700,000 28,889,000
1.215 1 100,000 0 100,000 0
1.220 422 23,053,000 2,712,000 500,000 19,841,000
1.237 1 690,000 0 690,000 0
TOTAL 2,730 200,256,000 78,004,000 6,436,000 115,816,000



AK_Francis      ( Date: 16-Jan-2010 18:13) Posted:



Ha ha, d pariot cry over d causeway, fr my kampong in d North to JB, now is "Did You Buy Spore Genting, a lot of people buying leh"!!!

Because of d above, AK kana bought for my sister-in-law in last Nov and d latest my wife sister-in-law. Got it at 1.24, seller px, last Fri when market opens, within 1st min. Of course, they had asked for my opinion prior to d buy.

Hope for d best liao. Cheers.

 
 
smartrader
    22-Jan-2010 20:27  
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Genting Singapore Plc was rated “sell” in a new coverage by Citigroup Inc., saying expectations for its integrated resort in Singapore are “irrationally bullish.”
 
Citigroup rates Genting Bhd a “hold” and Genting Malaysia Bhd a “buy.”
 
 
smartrader
    22-Jan-2010 20:21  
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it can worth a few dollars with  a stroke of pen eg. corporate action for share consolidation....buy Sands if you want casino play.
 
 
matrixneo
    22-Jan-2010 18:47  
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so now u have to decide whether to play with your heart or head...dun play with fire is all i can say..

dizzifying      ( Date: 22-Jan-2010 18:28) Posted:

i am stuck with this one too. Bought at 1.28. damn.

 

 
dizzifying
    22-Jan-2010 18:28  
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i am stuck with this one too. Bought at 1.28. damn.
 
 
iPunter
    22-Jan-2010 17:53  
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Shorting must be done at the peak ie. @1.30 ... 


Huat Ahhh
 
 
risktaker
    22-Jan-2010 17:41  
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no i find it funny when he say BB stuck :)

tanweechong      ( Date: 22-Jan-2010 17:33) Posted:

Must be kidding to short the most active counter!!!!

Very funny...



risktaker      ( Date: 22-Jan-2010 16:27) Posted:

Are you serious ? :) You want to short this baby ? :P

Dont Regret



 
 
tanweechong
    22-Jan-2010 17:33  
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Must be kidding to short the most active counter!!!!

Very funny...



risktaker      ( Date: 22-Jan-2010 16:27) Posted:

Are you serious ? :) You want to short this baby ? :P

Dont Regret



soulcries      ( Date: 22-Jan-2010 16:25) Posted:



if got opportunity run liao,this stock is over-speculation,bb have been trap 1.30-1.32 ers le,as well as 1.25-1.28

so many are planning the route to escape ,please do not enter!!!

most of my friends have to wait for a signal to short this counter..

me may short depend on situation


 
 
street81
    22-Jan-2010 16:49  
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Universal studio I will sure go one. It's the first in South east asia right? Also there will be many rich pple around asia visiting it lor. 

last tuesday when i was at harbourfront, i met pple from Taiwan who came specially to stay (maybe by invitation) in one of the hotels. they are impressed. Singaporeans should be impress also. This one more jobs created and more revenue from tourism...




risktaker      ( Date: 22-Jan-2010 16:41) Posted:

I actually dont want to comment about this post. But haiz

You have to figure  out what is else Genting SP has.

Universal Studio Japan Annual Revenue is around US dollar $855,386,000

I expect Genting one would be comparable to Japan Universal Studio, and Genting SP not just have casino lol please go and take a walk to sentosa to be impress.

This baby easily worth $2-$3 a year from now.



freshmind      ( Date: 22-Jan-2010 12:49) Posted:

Genting sp is good but the price is too high, so it will drop heavily if any bad news come in.  In fact, except casino, what else genting sp has?  I will take this opportunity for Genting Bhd, casino, oil & gas, plantation, housing estate and etc. but the price is still cheap and not need to rush and panic to buy and sell like genting sp.  Think about it and you may agree why i switch the counter.


 
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