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Genting Sing    Last:0.755    -0.005

GenSp starts to move up again

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AnthonyTan
    29-Oct-2009 10:48  
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Shouting TP $1.60 - $2. I am still waiting. When will that be, 1yr,2yrs, 3yrs, 5yrs..

Shouting TP is very easy but does it materialised..Anybody can just pluck any numbers

in the air and predict future earnings.Caveat emptor, alot of MFT out there.Cheers
 
 
risktaker
    29-Oct-2009 10:28  
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i know swingmedia and berlian baju i say it might go up. In fact i swear I did try to push up but i failed and make a loss on both shares.
 
 
rawypm
    29-Oct-2009 10:26  
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愿者上钩. If what he say didn't happen, then perhaps he wont be "influential" anymore.. The person who make the decision should be yourself right. 
 

 
risktaker
    29-Oct-2009 10:22  
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hehe if you follow my posting then you must win a lot of money right ?

buysell      ( Date: 29-Oct-2009 10:17) Posted:

i have noticed this forumer *risktaker* posted in few threads , his postings seems trying to favor his own positions holding. Please don"t do that to mislead others or newbies which might be easily influenced unless you have links to those info.

risktaker      ( Date: 29-Oct-2009 09:26) Posted:

there people that wants Genting to Hold above $1 and i am one of the


 
 
buysell
    29-Oct-2009 10:17  
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i have noticed this forumer *risktaker* posted in few threads , his postings seems trying to favor his own positions holding. Please don"t do that to mislead others or newbies which might be easily influenced unless you have links to those info.

risktaker      ( Date: 29-Oct-2009 09:26) Posted:

there people that wants Genting to Hold above $1 and i am one of them

jm2212      ( Date: 29-Oct-2009 09:12) Posted:

my investment in genting has come a very long way since 20 years ago when i first bought it at US$0.13, i have been supporting this stock for a long time and big time, my opinion is that one shouldnt quote unfounded source to mislead new investors, how many people really get to have direct link with BB where multi-million $ is involved


 
 
daniel2356
    29-Oct-2009 10:09  
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Nevertheless,this is one of the most preference Babe;BBs will try to support it with all their might.Do not Panic.

risktaker      ( Date: 29-Oct-2009 09:46) Posted:

this one i cannot reveal haha

jm2212      ( Date: 29-Oct-2009 09:38) Posted:



those who bought will want the price to hold and go up, i'm one of them too, do we call ourselves BB? my holding for genting is quite significant for a retail investor but i dont think i've any influnce on its price as the no of shares are so huge


 

 
risktaker
    29-Oct-2009 09:46  
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this one i cannot reveal haha

jm2212      ( Date: 29-Oct-2009 09:38) Posted:



those who bought will want the price to hold and go up, i'm one of them too, do we call ourselves BB? my holding for genting is quite significant for a retail investor but i dont think i've any influnce on its price as the no of shares are so huge

 
 
jm2212
    29-Oct-2009 09:38  
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those who bought will want the price to hold and go up, i'm one of them too, do we call ourselves BB? my holding for genting is quite significant for a retail investor but i dont think i've any influnce on its price as the no of shares are so huge
 
 
risktaker
    29-Oct-2009 09:26  
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there people that wants Genting to Hold above $1 and i am one of them

jm2212      ( Date: 29-Oct-2009 09:12) Posted:

my investment in genting has come a very long way since 20 years ago when i first bought it at US$0.13, i have been supporting this stock for a long time and big time, my opinion is that one shouldnt quote unfounded source to mislead new investors, how many people really get to have direct link with BB where multi-million $ is involved?

risktaker      ( Date: 29-Oct-2009 08:56) Posted:

BB will collect more right now to prepare to pump this Baby up :) Supporting Genting.... Short if you dar


 
 
jm2212
    29-Oct-2009 09:12  
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my investment in genting has come a very long way since 20 years ago when i first bought it at US$0.13, i have been supporting this stock for a long time and big time, my opinion is that one shouldnt quote unfounded source to mislead new investors, how many people really get to have direct link with BB where multi-million $ is involved?

risktaker      ( Date: 29-Oct-2009 08:56) Posted:

BB will collect more right now to prepare to pump this Baby up :) Supporting Genting.... Short if you dare

jm2212      ( Date: 29-Oct-2009 08:31) Posted:



will genting drop below the right issue price again this time? support level seems weak these few days, yesterday trading volume was rather high somemore, trade with care. vested


 

 
baby88
    29-Oct-2009 08:56  
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No eye see
 
 
risktaker
    29-Oct-2009 08:56  
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BB will collect more right now to prepare to pump this Baby up :) Supporting Genting.... Short if you dare

jm2212      ( Date: 29-Oct-2009 08:31) Posted:



will genting drop below the right issue price again this time? support level seems weak these few days, yesterday trading volume was rather high somemore, trade with care. vested

 
 
jm2212
    29-Oct-2009 08:31  
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will genting drop below the right issue price again this time? support level seems weak these few days, yesterday trading volume was rather high somemore, trade with care. vested
 
 
Flyordie
    28-Oct-2009 17:11  
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When i see risktaker mentioned BBs are coming to support. I rest assured...

risktaker      ( Date: 28-Oct-2009 17:01) Posted:



dont worry - Support coming liao :) Super BB holding Genting Strong and Firm

 
 
risktaker
    28-Oct-2009 17:01  
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dont worry - Support coming liao :) Super BB holding Genting Strong and Firm
 

 
erictkw
    28-Oct-2009 11:40  
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October 22, 2009 10:36 ET (14:36 GMT)

WSJ: Genting's Singapore Casino Could Open By Christmas

By Jonathan Cheng
Of THE WALL STREET JOURNAL

HONG KONG--Malaysian gambling concern Genting Bhd.'s Singapore casino-resort is on track for a partial opening by Christmas that would steal the lead on a competing project by Sheldon Adelson's Las Vegas Sands Corp.

Officially, Genting hasn't strayed from its target date of early 2010 for the opening of its US$4.4 billion Resorts World on the holiday island of Sentosa. But despite its cautious public projections, the developer has quietly been preparing for an earlier ramp-up, and a consensus is emerging among market-watchers that Resorts World will open ahead of Sands' Marina Bay Sands project in the heart of Singapore's business district.

Beating Sands to opening day would allow Resorts World to capitalize first on the excitement around Singapore's long-awaited entry into gambling. Singapore's government for decades resisted allowing casinos, but reversed that policy in 2005. Morgan Stanley estimates Singapore's gambling industry could generate between US$3 billion and US$3.7 billion of revenue in its first year of operation, with about 55% coming from so-called VIP gamblers.

(This story and related background material will be available on The Wall Street Journal Web site, WSJ.com.)

Singapore's casinos are also well-placed to tap a deep reservoir of interest in Southeast Asia, and could take business from Macau.

A Genting surprise would be a setback for Sands, which won approval from Singapore's government to open a casino six months ahead of Genting and had for years been widely expected to open as Singapore's first casino.

A representative for the Marina Bay Sands project declined to comment on Resorts World's timetable, but maintained its stated position that the Marina Bay project was "targeting to open" in the first quarter of 2010, though with only about 1,000 of its 2,600 hotel rooms ready, as well as most of the convention center, the casino and up to half of the retail shops completed. "The rest of the attractions will open progressively throughout the year," the representative said.

Since Sands won its bid in May 2006, construction delays and high-level management changes have bedeviled the ambitious $5 billion project. As the credit crunch threatened Sands' financial health last fall, Mr. Adelson issued several press releases to reaffirm the company's commitment to the Singapore project.

One particularly challenging feature of the Sands project is its so-called SkyPark, a 7,000-ton cantilevered floating garden that perches atop the project's three 55-story hotel towers. Sands says the public observation deck will be longer horizontally than the Eiffel Tower is tall.

Under Singapore law, local residents will be required to pay an entrance fee of 100 Singapore dollars per casino visit or an annual membership fee of S$2,000 (about US$1,400) for each casino. That gives whoever opens shop first a chance to stake out a strong position in the marketplace, according to Praveen Choudhary, a Morgan Stanley analyst.

In its official statements, Genting is delicate about the timing. Lim Soon Hua, who is marketing Resorts World in four mainland Chinese cities as well as Taipei and Hong Kong, said in an interview Wednesday in Hong Kong that the project was "moving very fast," with rollercoasters and rides at the casino project's Universal Studios project undergoing testing.

"We are on time, and they've said that they are delayed," Mr. Lim said. "As to which will be first, that's the $100,000 question--no one knows yet." But, he added that anyone who went and "took a look" would see the difference.

Over the summer, Genting announced a three-day charity benefit concert for mid-December at Resorts World, an event that a number of analysts have interpreted as a first step towards a late 2009 "soft opening" of the casino-resort.

Aaron Fischer, who covers the Asian casino business for CLSA Asia-Pacific Markets, said he believed Genting "is well on track for a late December opening," though he expected the opening to be restricted to high-rollers and loyal Genting clients ahead of grand opening in mid-February 2010.

Genting, which has a gambling monopoly in its home market of Malaysia, bought a 3.2% stake in MGM Mirage Inc. in June.



-By Jonathan Cheng, The Wall Street Journal
 
 
erictkw
    23-Oct-2009 19:27  
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Genting’s progress at Singapore casino presses Sands, WSJ says

Written by Bloomberg   
Friday, 23 October 2009 08:34


Genting Bhd. is on track for a partial opening of its Singapore casino resort by Christmas, putting it ahead of the competing project by Sheldon Adelson’s Las Vegas Sands Corp., the Wall Street Journal reported.

Genting’s official target date for opening its US$4.4 billion ($6.1 billion) Resorts World on the island of Sentosa is still early 2010, the newspaper said. Genting has been quietly preparing for an earlier ramp-up, and the consensus among market watchers is that it will open before the Marina Bay Sands project in Singapore’s business district.
 
 
loyfam88
    23-Oct-2009 11:47  
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You can sell under "Unit Share".

I sold my 200 shares yesterday at 1.12. The net proceed is 213.19. So I suppose the brokerage charge is not as much as I imagined.
 
 
actros
    22-Oct-2009 23:27  
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i got 200 odd share too.. anyone know how to sell using poem? need to pay $25++?


totoro      ( Date: 21-Oct-2009 15:58) Posted:



Those not happy with the 200 odd shares can either buy another 800 or sell the 200 away. There is a one month period between 21/10/09-21/11/09 to trade these odd lots. I have sold my 200. The stock code is JE5 (UOB Kayhian).

 
 
victorf
    22-Oct-2009 16:43  
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just sold all my genting shares bought from Dec 2008 - March 2009 after the right issues as game almost over after all raising of funds....good luck to all who are still holding :)....think the price now is based on HOPE and i do not like to trade based on HOPE but FACTS...anyway, it is up to individual...will wait for better price to enter next time
 
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