Genting Sing    Last:0.735    +0.005

GenSp starts to move up again

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.

 

200 millions traded today. Estimated 30-40% are contributed by Cao cao

 

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

 

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

 

Very good post. Agreed

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.

 

It's enough for me to hold the genting sp, the overvalue share and keep worrying from day to day.  I decided to switch my funds to add in few more lots Genting Bhd and leave it there with good sleeping.  Let's your guys to enjoy the game, bye and Happy Chinese New Year.  Huat Huat Huat!

 

let's hope for some upside rally at the end of today

 

no wonder your nick riskaker la. so u buying izzit??

risktaker      ( Date: 22-Jan-2010 09:51) Posted: if you dare go buy 1000 lots :P for next week blurblurman      ( Date: 22-Jan-2010 09:24) Posted: Good time to reload this, will it be up next week again?

 

enuff anot, bro...keke:)))

risktaker      ( Date: 22-Jan-2010 09:51) Posted: if you dare go buy 1000 lots :P for next week blurblurman      ( Date: 22-Jan-2010 09:24) Posted: Good time to reload this, will it be up next week again?

 

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.

 

hope so la...

hope that today's drop is due to US lao sai... 

dragonboy      ( Date: 22-Jan-2010 12:21) Posted: they wants to sell short to make $$$$$, do they know the value of the land owns by genting sp..... their story will change again on monday when this weekend the ppl flowing in the RWS.     street81      ( Date: 22-Jan-2010 12:03) Posted: Why are pple still willing to buy following such a report and say TP 0.80

 

they wants to sell short to make $$$$$, do they know the value of the land owns by genting sp..... their story will change again on monday when this weekend the ppl flowing in the RWS.  

 

street81      ( Date: 22-Jan-2010 12:03) Posted: Why are pple still willing to buy following such a report and say TP 0.80? tanweechong      ( Date: 22-Jan-2010 11:39) Posted: Singapore Hot Stocks-Genting S'pore falls on analyst report      1/22/2010 11:31:00 AM  SINGAPORE, Jan 22 (Reuters) - The benchmark Straits Times Index <.FTSTI> was 1.65 percent lower as of 0320 GMT on Friday.    The following stocks were on the move:  ** GENTING DOWN ON CITIGROUP REPORT  Shares of Genting Singapore <GENS.SI> declined as much as 4.1 percent to S$1.18 after Citigroup initiated coverage of the stock with a "sell" rating and a target price of S$0.80.  "We believe that expectations for Singapore's Integrated Resorts have become irrationally bullish," Citigroup analysts said in a report, citing overly agressive consensus profit forecasts of Genting's upcoming casino operations in the city-state.  "If consensus estimates are to be believed then Resorts World Sentosa would be the most profitable casino in the world in its first full year of operation (2011), a proposition that truly stretches the imagination," the report added.  Genting Singapore is a unit of Malaysia's Genting Group, Asia's largest publicly traded casino operator, and opened four hotels of its $4.4 billion casino-resort on Wednesday.  "If you look at the fundamentals, there is no value in Genting now," a local broker said.  "It depends on the opening of the casino. If they can get it open in time for Chinese New year and there are massive volumes of visitors, then we can still see trading spikes for Genting."  Around 0320 GMT, Genting was down 2.4 percent at S$1.20 and was the top traded share by volume on the exchange with over 105 million shares changing hands.  (Reporting by Fabian Ng; Editing by Saeed Azhar)

 

If this is 2 years ago, Genting worth nothing :) I agree. Man Genting is opening and It has a few World first :P

If you wait till it shows that Genting is truly a resort that will make money haha then I will sell it to you at $3 :)

You invest for potential :) It has Great Potential. 

Super BB will support Genting Price.

 

Look at the BUY volume...more than double the sell 

risktaker      ( Date: 22-Jan-2010 12:06) Posted: Zhuge Liang and Zhou Yu will support :P

 

Zhuge Liang and Zhou Yu will support :P

 

Why are pple still willing to buy following such a report and say TP 0.80?

tanweechong      ( Date: 22-Jan-2010 11:39) Posted: Singapore Hot Stocks-Genting S'pore falls on analyst report      1/22/2010 11:31:00 AM  SINGAPORE, Jan 22 (Reuters) - The benchmark Straits Times Index <.FTSTI> was 1.65 percent lower as of 0320 GMT on Friday.    The following stocks were on the move:  ** GENTING DOWN ON CITIGROUP REPORT  Shares of Genting Singapore <GENS.SI> declined as much as 4.1 percent to S$1.18 after Citigroup initiated coverage of the stock with a "sell" rating and a target price of S$0.80.  "We believe that expectations for Singapore's Integrated Resorts have become irrationally bullish," Citigroup analysts said in a report, citing overly agressive consensus profit forecasts of Genting's upcoming casino operations in the city-state.  "If consensus estimates are to be believed then Resorts World Sentosa would be the most profitable casino in the world in its first full year of operation (2011), a proposition that truly stretches the imagination," the report added.  Genting Singapore is a unit of Malaysia's Genting Group, Asia's largest publicly traded casino operator, and opened four hotels of its $4.4 billion casino-resort on Wednesday.  "If you look at the fundamentals, there is no value in Genting now," a local broker said.  "It depends on the opening of the casino. If they can get it open in time for Chinese New year and there are massive volumes of visitors, then we can still see trading spikes for Genting."  Around 0320 GMT, Genting was down 2.4 percent at S$1.20 and was the top traded share by volume on the exchange with over 105 million shares changing hands.  (Reporting by Fabian Ng; Editing by Saeed Azhar)

 

buy and sell vol quite equal

 

dun panic..chill its just one opinion.sure its ex now cause no earnings yet ma.

 

die

tanweechong      ( Date: 22-Jan-2010 11:39) Posted: Singapore Hot Stocks-Genting S'pore falls on analyst report      1/22/2010 11:31:00 AM  SINGAPORE, Jan 22 (Reuters) - The benchmark Straits Times Index <.FTSTI> was 1.65 percent lower as of 0320 GMT on Friday.    The following stocks were on the move:  ** GENTING DOWN ON CITIGROUP REPORT  Shares of Genting Singapore <GENS.SI> declined as much as 4.1 percent to S$1.18 after Citigroup initiated coverage of the stock with a "sell" rating and a target price of S$0.80.  "We believe that expectations for Singapore's Integrated Resorts have become irrationally bullish," Citigroup analysts said in a report, citing overly agressive consensus profit forecasts of Genting's upcoming casino operations in the city-state.  "If consensus estimates are to be believed then Resorts World Sentosa would be the most profitable casino in the world in its first full year of operation (2011), a proposition that truly stretches the imagination," the report added.  Genting Singapore is a unit of Malaysia's Genting Group, Asia's largest publicly traded casino operator, and opened four hotels of its $4.4 billion casino-resort on Wednesday.  "If you look at the fundamentals, there is no value in Genting now," a local broker said.  "It depends on the opening of the casino. If they can get it open in time for Chinese New year and there are massive volumes of visitors, then we can still see trading spikes for Genting."  Around 0320 GMT, Genting was down 2.4 percent at S$1.20 and was the top traded share by volume on the exchange with over 105 million shares changing hands.  (Reporting by Fabian Ng; Editing by Saeed Azhar)

 

Singapore Hot Stocks-Genting S'pore falls on analyst report      1/22/2010 11:31:00 AM

SINGAPORE, Jan 22 (Reuters) - The benchmark Straits Times Index <.FTSTI> was 1.65 percent lower as of 0320 GMT on Friday.    The following stocks were on the move:  ** GENTING DOWN ON CITIGROUP REPORT  Shares of Genting Singapore <GENS.SI> declined as much as 4.1 percent to S$1.18 after Citigroup initiated coverage of the stock with a "sell" rating and a target price of S$0.80.  "We believe that expectations for Singapore's Integrated Resorts have become irrationally bullish," Citigroup analysts said in a report, citing overly agressive consensus profit forecasts of Genting's upcoming casino operations in the city-state.  "If consensus estimates are to be believed then Resorts World Sentosa would be the most profitable casino in the world in its first full year of operation (2011), a proposition that truly stretches the imagination," the report added.  Genting Singapore is a unit of Malaysia's Genting Group, Asia's largest publicly traded casino operator, and opened four hotels of its $4.4 billion casino-resort on Wednesday.  "If you look at the fundamentals, there is no value in Genting now," a local broker said.  "It depends on the opening of the casino. If they can get it open in time for Chinese New year and there are massive volumes of visitors, then we can still see trading spikes for Genting."  Around 0320 GMT, Genting was down 2.4 percent at S$1.20 and was the top traded share by volume on the exchange with over 105 million shares changing hands.  (Reporting by Fabian Ng; Editing by Saeed Azhar)