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actually, this one was an uptrend stock, they shd have hold the right issue when the counter is 1.5...
they spoil the party...but i got little here...hope it become more...hehehehe
Salute! Big timer, one transaction worth $800 over thousands. Cheers.
Hulumas ( Date: 10-Sep-2009 16:22) Posted:
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Okay sold everything at average Sgd. 1.155 >8000 lots. I 'll switch buy to CHINA JISHAN this early October. Ha. ha.. ha...
risktaker ( Date: 10-Sep-2009 15:55) Posted:
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You think BB buy up is for what :) Wait. HOLD/BUY
HUAT AH 8888
Fresh short with CFD...
But chances are slim now... 
nickyng ( Date: 10-Sep-2009 15:17) Posted:
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Oops...1.12 now!! hee....covered too early ! :P
si mi 3rd wave ?? haha...well...i will sideline and watch now :D
risktaker ( Date: 10-Sep-2009 15:00) Posted:
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1.19 ?? to contra sell off or SHORT huh?? :P
iPunter ( Date: 10-Sep-2009 15:09) Posted:
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Good... I am still queuing@1.19..
but I think it won't be filled...
ahar !! filled at 1.14 !! Hee... :D
nickyng ( Date: 10-Sep-2009 14:49) Posted:
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3rd wave coming - Pretty soon to hammer up :) Die Shorters
nickyng ( Date: 10-Sep-2009 14:49) Posted:
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ok enough talk !! shorted earlier at 1.17 x10(play small)...yet to cover !! :D
A very unambitious forecast. Luckily they did not jack up fair value. That has always been a taboo. Just look at Mermaid, when valued highly by some at $1.80 is now doing slightly more than half of it only.
richtan ( Date: 10-Sep-2009 14:29) Posted:
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From OCBC Investment Research:
Genting Singapore: Proposes 1-for-5 rights issue
Genting Singapore (Genting) has proposed a renounceable 1-for-5 rights
issue at S$0.80 each to raise S$1.63b. According to management, the
issue is undertaken to pro-actively strengthen its balance sheet, enhance
its financial flexibility and competitive position, and facilitate future business
expansion.
Based on the last traded price of S$1.19, the rights discount is
about 33%; it is also at a 29% discount to the theoretical ex-rights price of
S$1.125. In view of the possibility of RWS opening before end 2009 and
also the more upbeat regional economic outlook, we have further refined
our estimates, raising our FY10 revenue by 11.4% and reducing our loss
forecast by 66.7%.
We have also bumped up our fair value from S$0.85 to S$1.05 (S$1.01 adjusted).
But given the limited upside, we maintain our HOLD rating.
Yes,sentiments too good
risktaker ( Date: 10-Sep-2009 14:25) Posted:
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Not at this price :)
Not with BBs Supporting it :)
AnthonyTan ( Date: 10-Sep-2009 13:02) Posted:
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Danger sign
AnthonyTan ( Date: 10-Sep-2009 12:48) Posted:
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Alarm bells ringing when u hear every uncle, auntie talk about a particular stock.
AnthonyTan ( Date: 10-Sep-2009 13:00) Posted:
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Today likely to close above $1.20.
JJSeng ( Date: 10-Sep-2009 13:03) Posted:
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So u see, Genting still quite strong.
YES