Genting Sing    Last:0.755    +0.005

GenSp starts to move up again

Many will bet it goes to $1.20 before long... 

 

Look at the daily Genting sp transaction, you still think that Genting is not stable? come on....Genting I.R is one of the Singapore Key project!!!

If not because, Lim Family sold 9% @0.72 on June, you think Genting sp is still remain at 0.845.....atleast 1.00 on last friday!

You sell at cheap prices, ppl will quickly grab it.....I target Genting sp will exceed 0.9 by end of August.

If you bought @ below 0.8......u should have more than enough cash to spend on this coming X'mas......wrote by Master Chang

 

Yes dealer0168 is rite, analyst wan cos u guys panic n sell dwn cheap to them, so they can collect more.........sly ppl ard like so careful......

 

Should be still ok, as all the while analyst downgrade Genting SP..................... but Genting SP always go against it n still go up.

chewwl88      ( Date: 02-Aug-2009 03:07) Posted: WOW, sure not.... don't scare me.... dealer0168      ( Date: 01-Aug-2009 14:08) Posted: Goldman downgrade Genting leh....who say upgrade. Anyway, hope Genting SP go against the analyst n up again as usual. Cheers. GENTING: What analysts now say .....     Written by NextInsight team    Saturday, 01 August 2009 Excerpts from latest analyst reports: Goldman Sachs: Downgrade Genting Singapore and Genting Malaysia to Sell Conventional wisdom would suggest buying Genting Singapore. However, we think the market is pricing in a very positive outcome for Integrated Resort, hence our downgrade to Sell from Neutral. Our 12-m Sum Of The Parts-based Target Price is revised to S$0.65 from S$0.44. For Genting Malaysia, we think the market may be taking an overly optimistic view of its Malaysian casino operations, where we see significant cannibalization risk. Our earnings are significantly below I/B/E/S consensus and, as a result, we downgrade Genting Malaysia to Sell from Neutralwith a revised 12-m SOTP-based TP of MYR2.60 from MYR2.80. We maintain our Neutral rating on Genting, but raise our 12-m NAV-based TP to MYR6.60 fromMYR4.80. Key upside risks to Genting group: better-than-expected Singapore Integrated Resorts opening, lower-than-expected cannibalization risk at its Malaysian casino. Downside risks for Genting: poor non-gaming earnings.

 

WOW, sure not.... don't scare me....

dealer0168      ( Date: 01-Aug-2009 14:08) Posted: Goldman downgrade Genting leh....who say upgrade. Anyway, hope Genting SP go against the analyst n up again as usual. Cheers. GENTING: What analysts now say .....     Written by NextInsight team    Saturday, 01 August 2009 Excerpts from latest analyst reports: Goldman Sachs: Downgrade Genting Singapore and Genting Malaysia to Sell Conventional wisdom would suggest buying Genting Singapore. However, we think the market is pricing in a very positive outcome for Integrated Resort, hence our downgrade to Sell from Neutral. Our 12-m Sum Of The Parts-based Target Price is revised to S$0.65 from S$0.44. For Genting Malaysia, we think the market may be taking an overly optimistic view of its Malaysian casino operations, where we see significant cannibalization risk. Our earnings are significantly below I/B/E/S consensus and, as a result, we downgrade Genting Malaysia to Sell from Neutralwith a revised 12-m SOTP-based TP of MYR2.60 from MYR2.80. We maintain our Neutral rating on Genting, but raise our 12-m NAV-based TP to MYR6.60 fromMYR4.80. Key upside risks to Genting group: better-than-expected Singapore Integrated Resorts opening, lower-than-expected cannibalization risk at its Malaysian casino. Downside risks for Genting: poor non-gaming earnings.

 

Very useful chart - Like wise i am betting price will edge up at an accelerated pace from here, culminating into panick buying towards the opening of this mega Singapre Tourism Icon.  

el7888      ( Date: 31-Jul-2009 10:51) Posted: Here is the construction time line for Genting SP. I think the launch date (before Chinese New Year) will trigger the price to go up very high. I am accumulate this stock and keep it for a few months.

 

Market momentum is too fierce to warrant a sell call...

Maybe thats their way to get it cheaper from all the scared sellers! ...

 

Goldman downgrade Genting leh....who say upgrade.

Anyway, hope Genting SP go against the analyst n up again as usual. Cheers.

GENTING: What analysts now say .....

Written by NextInsight team

Saturday, 01 August 2009

Excerpts from latest analyst reports:

Goldman Sachs: Downgrade Genting Singapore and Genting Malaysia to Sell

Conventional wisdom would suggest buying Genting Singapore. However, we think the market is pricing in a very positive outcome for Integrated Resort, hence our downgrade to Sell from Neutral. Our 12-m Sum Of The Parts-based Target Price is revised to S$0.65 from S$0.44.

For Genting Malaysia, we think the market may be taking an overly optimistic view of its Malaysian casino operations, where we see significant cannibalization risk. Our earnings are significantly below I/B/E/S consensus and, as a result, we downgrade Genting Malaysia to Sell from Neutralwith a revised 12-m SOTP-based TP of MYR2.60 from MYR2.80.

We maintain our Neutral rating on Genting, but raise our 12-m NAV-based TP to MYR6.60 fromMYR4.80. Key upside risks to Genting group: better-than-expected Singapore Integrated Resorts opening, lower-than-expected cannibalization risk at its Malaysian casino. Downside risks for Genting: poor non-gaming earnings.

 

yes agree. will up soon. buy some at lower price

 

Do agreed. But Genting SP, this counter been speculate by lots of people. Up n down alot.

Thus i cash out some to vest on others first.

Will be back for it again. Maybe in after Aug ............

 

ljkeong      ( Date: 31-Jul-2009 19:26) Posted: Stay invested is better than buy and sell too frequently. I strongly believe Genting sp price will shoot up high very soon.

 

Stay invested is better than buy and sell too frequently. I strongly believe Genting sp price will shoot up high very soon.

 

Maybe should cash out some first. I did that n reduce my Genting holdings.

See if it will drop. If have, than lucky can collect again.

AnthonyTan      ( Date: 31-Jul-2009 16:22) Posted: " Conventional wisdom would suggest buying Genting Singapore. However, Goldman Sachs think the market is pricing in a very positive outcome for IR hence they down grade to sell from neutral. Their 12-m SOPT-based TP is revised to S$0.65 from S$0.44." ?????????Would appreciate comments before taking further action.

 

" Conventional wisdom would suggest buying Genting Singapore. However, Goldman Sachs

think the market is pricing in a very positive outcome for IR hence they down grade

to sell from neutral. Their 12-m SOPT-based TP is revised to S$0.65 from S$0.44."

?????????Would appreciate comments before taking further action.

 

same like yesterday, playing ard 0.835 and 0.845........tink next week will surge liao.......

 

Now I got you. It would be the same person SELL DOWN in high volume but BUT UP in low volume to maintain his SELL DOWN price. Smart trade. They have MONEY!!

Who care! I will still keep this stock for a few months.

foucs6900      ( Date: 31-Jul-2009 14:18) Posted: Haha, someone is preventing it moving up........damn.....

 

great resistance at 0.855 in the morning at sell vol and now is 0.860 at sell vol.......when pply buy up, more vol coming in .......pls enlighten tks

 

Have I miss out anything? Currently more BUY UP than SELL DOWN.

 

Haha, someone is preventing it moving up........damn.....

 

Genting rises in Malaysia after Goldman lifts target price

Written by Bloomberg

Friday, 31 July 2009 11:35

Genting Bhd., Asia’s biggest publicly traded casino operator, rose in Kuala Lumpur trading, the second-best performer on the key stock index today, after Goldman Sachs Group Inc. raised the target price by 38%.

The shares gained 2.4% to 6.45 ringgit ($2.64) at 10:32 a.m. local time, outpacing the benchmark FTSE Bursa Malaysia KLCI Index’s 1% advance.

 

What Carlesberg?...

When you take profit, it will be XO at Tung Lok...  hehehe...

AK_Francis      ( Date: 31-Jul-2009 10:58) Posted: Tks brother, for d details. BTW, any idea whether, d main Casino Hall been constructed n when it would be ready for Dry Run? Quite perturb as d licencing issue still not made clear leh. Ha, Sands announces it still got 2500 Casino's related jobs vacant, but G SP seems like, ai yah, dun bother. Listen to sifu advice, still keeping current holding, though got Carlsberg $ on paper.