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22701-22720 of 23260
IT will shoot up before opening :) but after that i am not so sure liao lol
JJSeng ( Date: 18-Aug-2009 14:50) Posted:
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no la its going up :)
cathylmg ( Date: 18-Aug-2009 14:39) Posted:
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Wow! you very rich ah.At what price are you selling in November.
risktaker ( Date: 18-Aug-2009 10:25) Posted:
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Target for shorting again.
I am still holding around 450 lots of genting i brought around @ 0.40 - 0.60
Gonna wait till November then throw
most likely will drp further or maintain at range of 0.8 - 0.850 before Casino opening.....just my view.....
Today will drop more....
Ha ha, just can't be helped, still DJ is d turn-key player, with Nikkie n HSI as sub players loh.
Not much help fr EU, Fr n Gem, emerging fr recession. Just treat those as correction loh, AK view only.
It not good for today....
ljkeong ( Date: 14-Aug-2009 22:35) Posted:
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cannot believe that this counter has not support line. keep heading down....
Flyordie ( Date: 17-Aug-2009 15:16) Posted:
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Lao sai
Today is more sell down then up.
LOS ANGELES - CASINO operator Las Vegas Sands Corp said on Thursday that its lenders agreed to amend its US$3.3 billion (S$4.75 billion) Macau credit facility, clearing the way for an initial public offering in Hong Kong.
The agreement, first proposed to lenders last month, boosted the company's stock more than 12 per cent to US$13.79 on the New York Stock Exchange.
Sands said the deal includes six quarters of relief from its loan covenants and allows it to sell a minority interest in its Macau operations.
The Macau amendment permits Sands to issue up to US$1 billion of senior secured notes. It must use the proceeds to pay down the credit facility. It also allows Sands to issue US$500 million of senior unsecured notes, once its leverage ratio gets lower.
The amendment increases the interest rate for the loans under the credit facility to LIBOR plus 5.5 per cent per year.
If the company sells the stake in its Macau operations and prepays US$500 million of outstanding loans, the interest rate would drop to LIBOR plus 4.5 per cent per year.
Macau bank group's willingness to amend the facility reflects its belief in Sands's strategy and the resumption of growth in Macau, JP Morgan analyst Joseph Greff said in a research note.
Las Vegas-based Sands operates the Palazzo and Venetian resorts on the Las Vegas Strip, two casinos in the Chinese gambling enclave of Macau and a casino in Pennsylvania.
The company said it is on track to open its next gambling resort, in Singapore, in the first quarter of next year.
Sands, which has come close to violating loan agreements and has suspended work on several projects, said the amendment increases the maximum leverage ratio covenant under the Macau credit facility by 1 for the four quarters beginning July 1, 2009 and by 0.5 for the two quarters beginning July 1, 2010. -- REUTERS
The agreement, first proposed to lenders last month, boosted the company's stock more than 12 per cent to US$13.79 on the New York Stock Exchange.
Sands said the deal includes six quarters of relief from its loan covenants and allows it to sell a minority interest in its Macau operations.
The Macau amendment permits Sands to issue up to US$1 billion of senior secured notes. It must use the proceeds to pay down the credit facility. It also allows Sands to issue US$500 million of senior unsecured notes, once its leverage ratio gets lower.
The amendment increases the interest rate for the loans under the credit facility to LIBOR plus 5.5 per cent per year.
If the company sells the stake in its Macau operations and prepays US$500 million of outstanding loans, the interest rate would drop to LIBOR plus 4.5 per cent per year.
Macau bank group's willingness to amend the facility reflects its belief in Sands's strategy and the resumption of growth in Macau, JP Morgan analyst Joseph Greff said in a research note.
Las Vegas-based Sands operates the Palazzo and Venetian resorts on the Las Vegas Strip, two casinos in the Chinese gambling enclave of Macau and a casino in Pennsylvania.
The company said it is on track to open its next gambling resort, in Singapore, in the first quarter of next year.
Sands, which has come close to violating loan agreements and has suspended work on several projects, said the amendment increases the maximum leverage ratio covenant under the Macau credit facility by 1 for the four quarters beginning July 1, 2009 and by 0.5 for the two quarters beginning July 1, 2010. -- REUTERS
My prediction says next week price will drop few more cents before it will be pushed up again above $0.90. This strategies is to clear out all impatient, nervous, and contra players out of the game.
It didnt crack thru 0.89 - Its consider stable. I have say the shares already exchange hands and out. It will go up again next week.
el7888 ( Date: 14-Aug-2009 13:30) Posted:
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Give Genting a break. Today is Friday.
Hopefully next waves will come in next week.
dealer0168 ( Date: 14-Aug-2009 13:24) Posted:
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Genting lost power today............
Defending the fortress at 89
Today all the small lots go in but big lots dumping.
But you can bet a lot of people will do a 'Lim' at 1.20 ... 