Genting Sing
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GenSp starts to move up again
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20521-20540 of 23260
TARGET PRICE $1.50 !!!!!
| DJ MARKET TALK: Genting's Head Start For RWS To Help Margins-CLSA |
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| 1/6/2010 3:31:00 PM |
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0731 GMT [Dow Jones] STOCK CALL: CLSA reiterates positive view on Genting Singapore (G13.SG) after the gaming company says hotels at its new integrated resort Resorts World Sentosa (RWS) will open on Jan. 20. Broker says opening of RWS ahead of rival casino offering Marina Bay Sands will mean RWS enjoys a 100% market share for some months, which bodes well for margins. Believes Singapore's new integrated resorts will be more successful than the market expects; "adding large-scale casino resorts in the middle of a large and affluent Asian city with full government support has all the ingredients for success." But notes no confirmation yet from Genting as to when casino will open, broker currently expects casino to open on Feb. 1, says would be disappointing if casino was not open before Chinese New Year period in mid February. Adds recently announced junket rules for Singapore gaming market tough but as expected. Maintains Buy call and S$1.50 target price. Shares flat at S$1.28. (KIG) |
it takes a while for BBs to pare down their holdings..since they hold large lots..
The age-old exhortation of "
sell on the good news" is a good general guide for when to cash out...
But the problem is we can't really predict the future that accurately, maybe there's
better good news ahead? ...
However, my prediction that the '
tai-tai market' will dry up may be accurate in view of the fact that what tycoons really want is
more and more easily available in this ever-evolving modern world of
equal behaviour...
hehehee...
The share price does not move up when announcement in opening of the hotels... the balance 2 hotels, theme park and casino will be opened gradually, the factors of stimulation in share price become so weak. May be when the time to announce the opening of casino, all the BBs already leave the party...
Hehe, I thought u were talking about a Genting wave c of B. Was scratching my head where to find it.
But still, nice of you to have explained it. 
boyikao3 ( Date: 06-Jan-2010 11:45) Posted:
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Your question means "how does my posted Genting chart correspnd to the STI wave c of B" right?
My answer : Not all STI components move in the same waves up and down together. If you keep a close eye on wave movements for the 30 component stocks regularly, you'd have noticed that the finanance and property stocks broke out of their triangles into their current last waves even before STI broke out. Genting broke out recently. Now, the laggards component stocks like Kepcorp, Olam, Wilmar, are breaking out soon or have started. Genting should spot an extended 5th wave, which will bring everyone into a speculatie frenzy (just look at many forummers shouted the higher and higher TP !). The non-confirmation this round should be the banks and property counters followed by Genting. Commodities, oil and gas, maybe also shipping sectors (cosco already broke out recently) should rally into the final stages of the STI rally.
erictkw ( Date: 06-Jan-2010 09:53) Posted:
| Hi, how does wave C of B merge into the chart that u have posted on the 4th Jan? |
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Tai Tais have money to drink Anlene milk. So when they rush to the exit and fall, they won't break their bones. But the poor aunties and uncles who can only drink Teh-si will have shattered bones when they fall due to osteoporosis, then the Tai Tais will step all over them with their sharp Jimmy Choo heels !
iPunter ( Date: 06-Jan-2010 11:34) Posted:
But happily, with the Internet and googalization still changing the our world so fast,
it is a sure bet that even the 'tai-tai market' will be dwindling fast too,
as good things become more and more easily available to the masses ...
The world never had it so good before!... hehehe...
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Your question means "how does my posted Genting chart correspnd to the STI wave c of B" right?
My answer : Not all STI components move in the same waves up and down together. If you keep a close eye on wave movements for the 30 component stocks regularly, you'd have noticed that the finanance and property stocks broke out of their triangles into their current last waves even before STI broke out. Genting broke out recently. Now, the laggards component stocks like Kepcorp, Olam, Wilmar, are breaking out soon or have started. Genting should spot an extended 5th wave, which will bring everyone into a speculatie frenzy (just look at many forummers shouted the higher and higher TP !). The non-confirmation this round should be the banks and property counters followed by Genting. Commodities, oil and gas, maybe also shipping sectors (cosco already broke out recently) should rally into the final stages of the STI rally.
erictkw ( Date: 06-Jan-2010 09:53) Posted:
Hi, how does wave C of B merge into the chart that u have posted on the 4th Jan?
boyikao3 ( Date: 06-Jan-2010 09:23) Posted:
| What great wisdom ! Amidst this last speculative wave c of B, the job of this wave is to draw in as many suckers as possible. So newcomers do be aware ! |
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But happily, with the Internet and googalization still changing the our world so fast,
it is a sure bet that even the
'tai-tai market' will be dwindling fast too,
as good things become more and more easily available to the masses ...
The world never had it so good before!... hehehe...
Not only Uncles and Aunties,
But also to the loaded Tai-tais...
Because they can fall even harder by losing other people's money!... hehehe...
AnthonyTan ( Date: 06-Jan-2010 10:14) Posted:
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Uncles & Aunties must be very careful when they rush out the exit door.
Be very cautious not to fall.
Falling from Genting , very very chiat luck
Cheers
ozone2002 ( Date: 06-Jan-2010 09:33) Posted:
don't be the last out the exit door, when everyone tries to rush out (which is openin day) :)
good luck! |
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Cham liao. The golden principle for playing game in stock market: when the time uncles, anties buy the share, it is time to RUN
AnthonyTan ( Date: 06-Jan-2010 10:14) Posted:
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Uncles & Aunties must be very careful when they rush out the exit door.
Be very cautious not to fall.
Falling from Genting , very very chiat luck
Cheers
ozone2002 ( Date: 06-Jan-2010 09:33) Posted:
don't be the last out the exit door, when everyone tries to rush out (which is openin day) :)
good luck! |
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This is the most exciting
baobei stock of the year!
Exactly like dealing with real darling
baobei's in real life, one must be really smarty not to be caught with pants down!
Or worse,
with one'e wallet and bank account both empty!...
But if one treats it as only some exciting fun, but not bet one's future on it, then one is real smarty!... hehehe...
Which opening day r we talking about here? Coming 20th Jan opening of the 4 hotels? Casino opening? Offical opening of the entire RWS?
Uncles & Aunties must be very careful when they rush out the exit door.
Be very cautious not to fall.
Falling from Genting , very very chiat luck
Cheers
ozone2002 ( Date: 06-Jan-2010 09:33) Posted:
don't be the last out the exit door, when everyone tries to rush out (which is openin day) :)
good luck! |
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What do you meant by last person to out from the door during opening day? Thought normally during Genting SP opening day, the share will be jump to new high point?
don't be the last out the exit door, when everyone tries to rush out (which is openin day) :)
good luck!
Everyday many counters up and down, none of us want to miss the opportunity to earn big money, however, the real opportunity only comes when the price is low. I never chase any counter with high price high risk which can kill u if you fail, but if you success, the profit margin can only less than 10%.
What great wisdom ! Amidst this last speculative wave c of B, the job of this wave is to draw in as many suckers as possible. So newcomers do be aware !
iPunter ( Date: 05-Jan-2010 19:50) Posted:
Like a certain Mr Sutherland said some 40 years ago...
"Always Leave Some For The Next Man"... hehehe...
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Not only Genting...
The proper way to play any stock is to get in and OUT (and not only when you are ahead)!
You can get in and out once a day, once a week, once a month, once a year, once every two years, once every 5 years, once every 10 years...
The point is, you choose your time frame...
But for gard's sake, please get OUT when the time is right!...
smartrader ( Date: 05-Jan-2010 21:50) Posted:
since genting is a casino play..it means it is always there.. so a good way to play genting is to move in and out.... it will correct and move up again in Feb.. |
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thanks for good analysis. No dividend because more money needed for working capital, etc. only hope for investors is capital gain and that depends on BB push strategy and u will be at their mercy. At such a price tag today, i would rather go for some good and un-noticed ctr...
