Genting Sing    Last:0.745   -

GenSp starts to move up again

Tell me about it... I was in genting way too early. I started to like this share when it was 60+ cents. 1-2 yrs ago? Suffered paper loss along the way when it went all the way to 40+ cents. Got rid of some too at that level. After the Lim incident, between 60-70 cents, I observed the consistent trend that when it went up to 70+ cents, it will drop back to 60+ cents again. As my lowest holding is 68 cents and others at 70 cents, I  decided to sell those I bought at 70+ cents and hoping it will drop back below 70cents and I will pick up..... making trading gains. 

Well..... it seems that my judgement was wrong.... it went up non stop till this level Luckily I managed to buy some at 82.5cents.... but then again, the gain i lost..... still very aiwan till today.

 

aiyo.. tell me bt it! I was busi working.. din manage to catch it low.. i got it at much higher price.... :(

then I promised myself to stay FOCUS till it is open... Yet now i am panic-ing again when i see drop drop..

What a GREENHORN i am! Lousy... Guess i got to stay stronger & learn...

 

ayiyo...u see trouble, but i see opportunity...to pick up some...bought 1 buck not so happy...so want more...

dont anyhow sell, u regret for sure...but that is for those who got profit to lose...if u contra..make your own decision..pls dyodd..

belle_08      ( Date: 04-Sep-2009 11:12) Posted: Tks guys! Well, i was busy working when my fren SMS me abt pple dumping... i got shock... guess playing such, i got to have a STRONGER heart... Else i will die early out of SHOCK...haaaaaa

 

i thk over the wkend,  is more risky, but ithk employment to be alright and at worst remain unchange...slight improvement is even better,,,,

bet with it...buy...pls dyodd..

keepnosecrets      ( Date: 04-Sep-2009 11:11) Posted: Many people are taking profits right now.

 

Tks guys! Well, i was busy working when my fren SMS me abt pple dumping...

i got shock... guess playing such, i got to have a STRONGER heart... Else i will die early out of SHOCK...haaaaaa

 

yes, buy on friday and sell on monday....friday always shopping day for me..

but no body want to sell cheap..so q ..q..q...q...snoozeeeee...yawnnnnnnn

 

Many people are taking profits right now.

 

if u r short term player for this counter, u need to hv a strong heart. bcos many are gamblers anc contra players, u look at the past many days trading vol, so dont panic, and is just normal to hv some corrections, dont expect a one way ticket

 

relax :)

 

belle_08      ( Date: 04-Sep-2009 11:00) Posted: All dumping? Hmmm.. wad is happening?

 

All dumping? Hmmm.. wad is happening?

 

hold this for years since IPO, though sold quite a fair bit already, intend to hold on to the rest.

 

Gent SP spot-light, in tody Zaobao.

Stimulant: MFT claims possibility of R issue again?(current px, counted in alrdy for lately gain) Other than $3.00 tp given by CLSA earlier, basing on maiden yr profit, estimated ranging fr 3.2-4.7 b S$. Will announce the inauguration date,by ds mth.

Fact sheet: Macau Casinos', d biz rival in d region, registered a record profit of S$ 2.16b in Aug alone, a 17.2% gain as compared to d same preceeding mth in 08.

Above for sharing only. Cheers.

 

When you invest in a stock for real investment purposes, not gambling, you want to buy a promising business, one that can make alot of money for the company and subsequently the shareholders like ourselves.  So genting being a casino and a resort operator offers us this comfort zone our money is put in.  One good example about investors reaping huge profits in casinos and resort can be seen in US stocks. Many of them are in the US$10++ to US$50 ++ range. (Wynn resorts= US$54.00 per share and Las Vegas Sands = US$14.33 per share,)

Genting SP will be making us grow.  Us, because it is also an integral part of our future economy.  It dies, we die.  So it is very important for country and shareholders. 

 

i am sorry to tell you 99% of forumers here have no idea how shares is being played.

The basic which TA (When to enter & Exit) + FA (Coy fundementals)

More advance ........ lol not many people know

 

 

I am a genting supporter though i got rid of some holdings along the way. But I firmly believe that this share is worth holding on to and will help to create wealth.

The IR opening helped to boost the initial property run. There is this overall optimism around the IR and casino thingy. Frankly, we are all buying HOPE like buying 4D. Except that in the case of 4D, it's either you make or you lose. I also believe that a casino business is profitable and hence a casino stock is not that cheap. I am not a analyst and only think like the man on the street.With that, i am still staying vested and hoping that it will indeed create more wealth for me.

 

 

One answer is : forward-looking.

 

I am not an analyst. 

The question to ask when buying Genting is:

"What is the counter worth when it opens with all its attractions?" 

If you think it's worth S$3.00, then there is 200% upside.

If you think it's worth S$0.60, then there is 50% downside. 

I'm vested since 3 months ago. 

 

 

PUZZLE ?????? CATCH NO BALLS for the surge in price.

1.Technical ????

2. Fundamental???

3. Speculative???

4. Opening in early 2010???

5. Focus future businesses & profit???

??? What are the reasons.

Let's hear some stories from the analysts

Which are the reasons.

 

Yap, there is every possibility to be there $1.20 and up and can happen even tomoro, because todays high 1.18.  Once it trades a higher high, then it should move to the $1.50 level very fast..

 

I say $1.20 is important :) If they can break $1.20 & hold  ---- Its gonna be really big up :) Might even hit $2 @ pre-opening

keepnosecrets      ( Date: 03-Sep-2009 22:58) Posted: Me think 1.14 is a crucial px. Said as tp for some big funds.  But look how much they sell is being bought by another group of big big big boys. So if it can move further up, will usher good time for all shareholders.