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GenSp starts to move up again

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risktaker
    04-Oct-2009 15:27  
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TP: SGD $1.60 - $2.00 By Feb 2010
 
 
gabjen
    04-Oct-2009 15:11  
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Hi teeth53 & iPunter,thanks for the advice.That's my intention all this while to get back capital and hold the rest upon opening.Anyway,my TP is only slightly more than the pre-rights,so I think it's quite likely possible on opening,unless the mkt crash anytime from now to opening.

Cheers
 
 
teeth53
    04-Oct-2009 00:43  
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Gabjen wrote: For me,as long as the price don't falls below $0.65 after 12Oct,it's fine with me.If in the event it does,it's still ok as I intend to hold it long term in the first place when I bot it.My intention is only to sell at target price.As long as GenSp don't bungkus,it doesn't matters how low the price dip ,just view it as putting $ in a FD acc at the moment..

Cheers.

teeth53 wrote: It is highly unlike to fall lower (bearing unforeseen - it will be a good chance to accumulate). New bench mark now is somewhat at 0.80cent, this are bench mark well supported by BBs as well as smaller retail players, however when price keep surging, there's maybe a 4th round. It will be best to get back your princical sum and retain the remain

just my another imagination.

iPunter is right too, many diehard fan / risk investor love hot stock, high risk, highly suicidal. play risk within mean.
 

 
iPunter
    03-Oct-2009 20:16  
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You are so right...

Thus, buying stocks must be done when the price is very low, eg. near or below the 52 week lows... 

But if one buys when the market is hot... and hold on indefinitely with an investing mindset, it is practically a slow suicide... Smiley 
 
 
gabjen
    03-Oct-2009 19:58  
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I think it depends, if to buy during a weak market,it's still okay.For me ,at the moment, my avg price of 90lots of G13 is $0.65 ,if I will to put it in FD 2years back,how much does it worth now? As I said,as long as the company don't fold,there's a chance. 

iPunter      ( Date: 03-Oct-2009 17:45) Posted:



Putting your $ in FD, it still guarantees your principle is intact no matter what happens, eg. earthquake, war, world diseases... 

But when you put huge amounts in stocks, you can lose till you commit suicide!

Not a joke!... Smiley

 
 
candle
    03-Oct-2009 19:41  
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we r not growing $ by placing them in FD. we r actually loss them over time.

we should look for instrument which suits us and return is more than inflation.
 

 
iPunter
    03-Oct-2009 17:45  
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Putting your $ in FD, it still guarantees your principle is intact no matter what happens, eg. earthquake, war, world diseases... 

But when you put huge amounts in stocks, you can lose till you commit suicide!

Not a joke!... Smiley
 
 
gabjen
    03-Oct-2009 12:19  
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Hi teeth53 , good to hear from you.For me,as long as the price don't falls below $0.65 after 12Oct,it's fine with me.If in the event it does,it's still ok as I intend to hold it long term in the first place when I bot it.My intention is only to sell at target price.As long as GenSp don't bungkus,it doesn't matters how low the price dip ,just view it as putting $ in a FD acc at the moment..

Cheers.



teeth53      ( Date: 02-Oct-2009 20:43) Posted:



Hi gabjen,

Hope U did the right decision. Whatever decision arrive at I mean B4 and after Oct 12, (Monday).

Just FY info: Sometime we do rec'd grey px for ot TP px on offer (placement of shares) and oso not very sure if it for real or not, thou...grey is up at certain px level for real, can make some money, no fix grey px as it is oso subject to market condition. somemore this one involve billion of dollars, cannot fail. it joy-ly required retaillers wholesales support to push px up B4 BBs can make another offer. if it requried 3 round to bring in more money to support Genting Berhad ( Genting Grp) n Genting SP.

teeth53      ( Date: 18-Sep-2009 20:19) Posted: Contact teeth53 (just-in-case)


It ended lower to $1.05ct. U can now wait for opportunities to sell your mother share of 75lots.  when px movement surge above $1.15ct (different of 0.10ct) and concentrate on retaining ur 15 lots (Right Issue Share) if U choose to and subscribe, if not can oso sell in open mkt. If and when mother suddenly been push up with great volume. R200 share will oso surge accordingly if not higher....Ya. Watch out for date: Sept 28 (Mon), till 3/5 day, (simply B'cos of T+3/T+5), B4 6 Oct (Tues).

Just my imagination and guess. U think, is Ur money, U have to decide....Happy for U. 

 
 
teeth53
    02-Oct-2009 20:43  
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Hi gabjen,

Hope U did the right decision. Whatever decision arrive at I mean B4 and after Oct 12, (Monday).

Just FY info: Sometime we do rec'd grey px for ot TP px on offer (placement of shares) and oso not very sure if it for real or not, thou...grey is up at certain px level for real, can make some money, no fix grey px as it is oso subject to market condition. somemore this one involve billion of dollars, cannot fail. it joy-ly required retaillers wholesales support to push px up B4 BBs can make another offer. if it requried 3 round to bring in more money to support Genting Berhad ( Genting Grp) n Genting SP.

teeth53      ( Date: 18-Sep-2009 20:19) Posted: Contact teeth53 (just-in-case)


It ended lower to $1.05ct. U can now wait for opportunities to sell your mother share of 75lots.  when px movement surge above $1.15ct (different of 0.10ct) and concentrate on retaining ur 15 lots (Right Issue Share) if U choose to and subscribe, if not can oso sell in open mkt. If and when mother suddenly been push up with great volume. R200 share will oso surge accordingly if not higher....Ya. Watch out for date: Sept 28 (Mon), till 3/5 day, (simply B'cos of T+3/T+5), B4 6 Oct (Tues).

Just my imagination and guess. U think, is Ur money, U have to decide....Happy for U. 
 
 
teeth53
    02-Oct-2009 20:17  
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Straits Times  -52.91  2,604.53
   KLSE Composite  -2.10  1,206.25
   Nikkei 225  -246.77  9,731.87
   Hang Seng  -579.76  20,375.49
   Thailand SET  -2.35  724.56


All due to the above and of' course. the DOW drop last nite by -200 pt.
DOW   203.00   -2.09%   to 9,509.28 pt


teeth53 tot: BBs underwriting the rights issue will support the price till Oct 12 and there after, how price is still slipping and those patronized Gent SP, patience will be rewarded.

G13 Genting SP -- -- 1.070 1.090 -0.010 -0.9 132,682,000 148,000 1.090 1.100 10,411,000 1.110 1.060 R


I5BR Genting SP R -- -- 0.275 0.275 -0.015 -5.2 29,741,000 31,000 0.275 0.280 604,000 0.295 0.260 R
 

 
risktaker
    02-Oct-2009 17:57  
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haha dont worry la :) Genting is protected by BB
 
 
Hulumas
    02-Oct-2009 13:29  
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Aiyoyo........No other best way just plan to go for money cost averaging from Sgd. 1.18 to Sgd. 0.005 then!

risktaker      ( Date: 02-Oct-2009 10:16) Posted:

$1< is never gonna happen :) Trust me on this. I trust Zhuge liang

iPunter      ( Date: 02-Oct-2009 10:11) Posted:

Yes, I like the singing too, but I don't like the smoky ambience...quite 'intoxicating'... hehehe...

I already shorted it recently @1.19... (after it failed to gap up after the trading halt)...

and covered already for some Carlesberg... 

But if my assessment of the trend is right, there may be still some more juice to go... till maybe .85   Smiley



 
 
iPunter
    02-Oct-2009 10:19  
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I 'trust' only the charts...

Because then, I don't need to trust at all... hehehe... Smiley

 
 
 
risktaker
    02-Oct-2009 10:16  
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$1< is never gonna happen :) Trust me on this. I trust Zhuge liang

iPunter      ( Date: 02-Oct-2009 10:11) Posted:

Yes, I like the singing too, but I don't like the smoky ambience...quite 'intoxicating'... hehehe...

I already shorted it recently @1.19... (after it failed to gap up after the trading halt)...

and covered already for some Carlesberg... 

But if my assessment of the trend is right, there may be still some more juice to go... till maybe .85   Smiley



risktaker      ( Date: 02-Oct-2009 10:01) Posted:



http://www.youtube.com/watch?v=OwVweW_ow18&feature=related

Ipunter - I bet you like this song.

Also i have a gut feeling your Shorting Genting .... ?


 
 
iPunter
    02-Oct-2009 10:11  
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Yes, I like the singing too, but I don't like the smoky ambience...quite 'intoxicating'... hehehe...

I already shorted it recently @1.19... (after it failed to gap up after the trading halt)...

and covered already for some Carlesberg... 

But if my assessment of the trend is right, there may be still some more juice to go... till maybe .85   Smiley



risktaker      ( Date: 02-Oct-2009 10:01) Posted:



http://www.youtube.com/watch?v=OwVweW_ow18&feature=related

Ipunter - I bet you like this song.

Also i have a gut feeling your Shorting Genting .... ?

 

 
risktaker
    02-Oct-2009 10:07  
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lucky Zhuge Liang will Support Genting :)
 
 
risktaker
    02-Oct-2009 10:01  
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http://www.youtube.com/watch?v=OwVweW_ow18&feature=related

Ipunter - I bet you like this song.

Also i have a gut feeling your Shorting Genting .... ?
 
 
iPunter
    02-Oct-2009 09:46  
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Must be ready to buy Uncle AK a Carlesberg for his kind advice... hehehe... Smiley

AK_Francis      ( Date: 02-Oct-2009 09:28) Posted:

Buy excess R for 5400. But no hurry, as d last day of payment is 12 Oct 5pm CDP. 930PM ATM or participating bank. Looking at d market first.

liongyanlin      ( Date: 02-Oct-2009 00:18) Posted:

I have 9,600 odd shares with regards to the R200. how should i go about doing it? should i sell it away or bid for another 400 at the atm machine?


 
 
gettytai
    02-Oct-2009 09:46  
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hi,

anyone know hw to conver the genting R to genting Share through payment in ATM?

I try to seach in my internet banking ,eg: EPS, i cant find any option to do that...

Thanks....

 

 
 
 
risktaker
    02-Oct-2009 09:40  
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i say "could" :) 

AnthonyTan      ( Date: 02-Oct-2009 09:34) Posted:

Nobody know what will happen in 2yrs time.

There is oso the element of risk

No business in the world that can guarantee profit.

 



risktaker      ( Date: 02-Oct-2009 07:42) Posted:

If you look at the business that the IR have .... seriously ...... it could worth $3.00 in 2 years.


 
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