Genting Sing    Last:0.745    +0.005

GenSp starts to move up again

Aiyah, buy high & sell high lor. If really can make monies, who cares of e way buying methods r rite or wrong...

I oso wished I can buy Genting SP @ 0.60. But who'll willing 2 sell me now? Rite or not?!

4 those pple who hv bot 1.28 juz now. Follow me & read it out loud loud tmr sure'll up.

Genting SP up up!

Genting SP up up!

Genting SP up up up!!!

(Repeat 3x)

 

Read this.  May change your mind and keep the shares longer.

http://www.theedgesingapore.com/component/content/10680.html?task=view

Nicole Goh, an analyst at JPMorgan, is expecting shares in Genting Singapore to significantly exceed her $1.20 price target in the near term. Goh says casino stocks tend to rally just before the opening of their key properties. They could climb further if those properties attract large crowds. For instance, shares in Las Vegas Sands gained 27% in the three months before the opening of the Venetian Macao, and a further 45% in the two months that followed, according to her report. Wynn Resorts climbed 11% before the opening of the Wynn Macau and rose another 25% three months after that. By comparison, shares in Genting Singapore have climbed 13% in the past three months.

 

I think when the share up to 1.30, it may enter into BBs core profit zone, should take cautious and monitor closely after that.

 

I second your judgement. Just wondering who's gonna risk buying at the higher price as everyone is aware of the rising price till opening day. Unless, of course, one sees the potential of the company making profits as early as MBS's 5 year break-even projection.

Meanwhile DBS Group Research: Maintain 'buy' and sum-of-parts target price of $1.30 (valuing RWS at $1.06, based on discounted cashflows using 7 per cent weighted average cost of capital and 1.5 per cent long-term growth rate).  http://www.businesstimes.com.sg/sub/views/story/0,4574,365705,00.html

All the best for RWS-Genting holders. Cheers and a Very Happy New Year to all.

 

gabjen      ( Date: 29-Dec-2009 19:21) Posted: There is always uncertainty and risks in share trading.At least with 60-70cents per share againest the current trading price now.I think it's worth a wait....that's my personal opinion.

 

Good news,hopefully be able to open b4 CNY to catch the festive mood.

 

Application of casino license is smooth sail so far. Announcement coming soon. :)

 

 

There is always uncertainty and risks in share trading.At least with 60-70cents per share againest the current trading price now.I think it's worth a wait....that's my personal opinion. 

 

Will there be buyers when the market is flooded with sellers on opening day?

If supply is greater than demand on opening day, wouldn't the price fall? Or could it be a scene where fools rush in when angels fear to tread. 

 

Common for ppl to hold on till opening at this px.You be suprise there are even ppl holding 450lots at $0.39.

Bon3260      ( Date: 29-Dec-2009 17:33) Posted: My friend told me dat he has 100 lots @ 0.60 still holding... Wow!!! iPunter      ( Date: 29-Dec-2009 17:30) Posted: Every step along the way is a nail-biting moment... The market will itself tell us whether our all our nail-biting is worth it.. But this hot baobei is doing well... hehehe...

 

Close at $1.28, up by 4 cents. Not bad~

 

My friend told me dat he has 100 lots @ 0.60 still holding... Wow!!!

iPunter      ( Date: 29-Dec-2009 17:30) Posted: Every step along the way is a nail-biting moment... The market will itself tell us whether our all our nail-biting is worth it.. But this hot baobei is doing well... hehehe...

 

Every step along the way is a nail-biting moment...

The market will itself tell us whether our all our nail-biting is worth it..


But this hot baobei is doing well... hehehe...

 

Shares always go up and down.  This counter has gone up few days with big volume, wondering will a big consolidation be taken soon...

 

Hi Master, this babe is a hot sexy chilli padi, remember to drink more herbal tea to play along:)

 

 Genting broke the resistance today .

Genting broke out of it Bollinger band to close at $1.24 , n this was  also touching its upper band of the long box formation  , in next few days , if the volume done is large enough to ganerate its momemtum to break this formation , it may go up further to $1.44 .

 

All is easier said than done...

Otherwise, we wouldn't be humans, would we? ...hehehe

 

Remember to be disclipline with this counter....be ruthless in taking loss or taking profit....CUT means CUT as planned (whether for profit or loss), and no need to think....good luck :)

NB: Musical chair will stop one day when REALITY checks come in

 

even if one were to gamble, you must understand the "house"...use the following wave as guide...tomorrow the market will decide for year 2010 short term (in term of days and weeks) trend....good luck :)

Use the following waves as guide....$1.03-$1.16, $1.16-$1.32, $1.32-$1.43,$1.43-$1.58...good luck :)

Use $1.16 as cut loss point or trailing stop for profit in short term

 

best "gambling" trading stock for first half of year 2010....you do not need to pay $100 or go to Genting/Macau/Las Vegus to gamble as the counter is by itself a "gambling stock"....instead of buying BIG OR SMALL, you can buy UP OR DOWN with big supporting volume ....good luck :)

NB: Listen to Market as Market is always RIGHT!!! not anyone or even yourself

 

The friendliest advice I can give to all share players is to constantly bear in mind that shares can go both ways...

Up or down, and Up and Down.

Be biased at your own risk!...

Only by hindsight can victory cries.. or suicides take place! ...

enjoy!..