
Should surge to S$1+ very soon. Singapore transformation into a tourism/entertainment hub seems to be turning out well. Will be a potential blue chip.
ljkeong ( Date: 26-Jul-2009 00:33) Posted:
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Temasick has lost it credible trust worthiness in naming a successor to take over as CEO
Singapore Pools became a wholly-owned subsidiary of the Tote Board, a statutory board under the Ministry of Finance.
On the long term basic. Temasick is just another invesment SWF organisation, showing it willing-ness to buy /sell on short term and lossing as much as S$58 billion or about 40% lost. Under her leadership role..it only can shown us how well she can take on such job and responsibilties on world stage.
I (teeth53) strongly recommended MOF should and with careful thought provide this oppportunty to Singapore Pool as Genting SP is part gaming, and part gambling company For the sake of all Singaporean this Pools can benefit and meet all objective of what MOF can delivery to singapore.
Singapore Pools was established in 1968 for the dual objective of combating illegal gambling operators and channeling gaming revenues for good causes.
Singapore Pools is a legal lottery operator incorporated by the Singapore Government in 1968 in a bid to curb the illegal gambling that was rampant in the 1960s. From 1 May 2004,
We aim to provide a legal avenue for betting in Singapore to counter illegal betting syndicates, and to devote surplus earnings towards worthy causes that serve the needs of the community.
Singapore Pools is a member of the World Lottery Association (WLA), an international body of lottery organisations and the Asia Pacific Lottery Association (APLA).
The WLA calls on game operators to conduct their business fairly and justly based on established industry norms; and to take their corporate citizenship seriously for channelling proceeds to the deserving in the community. At the same time, lottery and gaming organizations are encouraged to act responsibly on the issues of problem gambling and underage betting.
The Association also aspires to be a proactive force, meeting the needs of the lottery industry worldwide. Through international seminars, professionals from the gaming industry can better manage an increasingly complex environment by sharing ideas, experiences and solutions.
pilotfish ( Date: 26-Jul-2009 02:10) Posted:
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The reason why its not CPF approved is because the comapny is registered overseas. For it to be CPF approved, company must be registered here
It was all the time, if I am not wrong, a component stock. Previously with the name Genting PLC now Genting SP. While previously not an approved CPF investment stock now it is unlikely to be approved.
I am not sure why it wasn't approved for CPF investment previously, perhap it's a gambling stock...
Just m view...
ljkeong ( Date: 26-Jul-2009 00:50) Posted:
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pilotfish ( Date: 26-Jul-2009 00:45) Posted:
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Personally I don't Genting SP will go into an approved CPF investment scheme. Genting PLC was component stock in STI and it was not approved for CPF investment.
Just my view...
ljkeong ( Date: 26-Jul-2009 00:33) Posted:
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Definitely will go up to $2.00 in mid term. Many good news ahead.
dealer0168 ( Date: 25-Jul-2009 22:01) Posted:
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But it's different if you have three or four houses...
Then you can bet a couple of houses!... hehehe...

iPunter ( Date: 25-Jul-2009 11:25) Posted:
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Yup...
There is certainly the possibility... but don't bet your house! ...

iPunter ( Date: 24-Jul-2009 16:01) Posted:
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Remember how it oozed up to 1.20 before?
It will in most likelihood happen in the same manner again...
