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The banks are selling off

But commodities still strong

Look at Cnooc

firewood ( Date: 05-Nov-2010 15:09) Posted:

Finally, its fri today. For a moment i tot it is going to cross 25000

BullishTempo ( Date: 05-Nov-2010 15:05) Posted:

Hong Kong finally selling off

Finally, its fri today. For a moment i tot it is going to cross 25000

BullishTempo ( Date: 05-Nov-2010 15:05) Posted:

Hong Kong finally selling off

Yeah we got this before.

We will only know on Thursday after lunch Smiley

firewood ( Date: 05-Nov-2010 15:00) Posted:

Sorry if this is posted or old news

Golden Agri Resources rated 'buy' by OCBC Tags: Golden Agri-Resources | OCBC Investment Research Tuesday, 26 October 2010 15:15 OCBC Investment Research in an Oct 26 research report says: "Golden Agri Resources (GAR) is likely to see a pretty decent 3Q10 performance, aided by the recovery in CPO (crude palm oil) prices in the later half of the quarter as well as higher CPO output from its estates. "As a recap, CPO prices have recovered sharply from an average of US$791/ton in 2Q10 to around US$821/ton; and we may see further room for earnings upside in 4Q10 as well, given that CPO prices are now hovering around US$900/ton. In view of the still upbeat outlook for CPO, we are raising our CPO assumptions for both FY2010 and FY2011 and we now expect prices to average around US$825/ton and US$860/ton respectively (versus US$800/ton). "While bearing in mind the potential rise in export taxes, we also raise our earnings estimates for FY10 by 5.6% and for FY11 by 14.0%. As a result, our fair value improves to 78 cents. MAINTAIN BUY."

Genting Hong Kong (45 US cents) — Testing support

WRITTEN BY THE EDGE

MONDAY, 01 NOVEMBER 2010 11:12

Not very sure about this but i know MSB is not targeting locals. They are only targeting VIPs.

BullishTempo ( Date: 05-Nov-2010 14:52) Posted:

Firewood,

so you know one of the risk factors for quarter 3

Is how much business MBS has snatched from GenSp.

Papers are saying GenSp has a 60/40 market share lead over MBS.

Yeah we posted this news before.

Did GenSp announce what time they announcing results?

If not, should be same as 2nd quarter. After market closed on Thursday.

Las Vegas Sands Corp., the U.S. casino company expanding in Asia, reported third-quarter earnings that topped analysts’ estimates after it opened a Singapore resort and benefited from Macau’s gambling growth.

Profit excluding some items was 34 cents a share, more than the 24-cent average of 21 analysts’ estimates compiled by Bloomberg. Sales jumped 67 percent to $1.91 billion, from $1.14 billion, the Las Vegas-based company said yesterday in a statement, surpassing analysts’ $1.79 billion average estimate.

Billionaire founder and Chief Executive Officer Sheldon Adelson, who loaned his company money two years ago to eliminate bankruptcy fears, opened the $5.5 billion Marina Bay Sands casino resort in Singapore in phases starting in April. Las Vegas Sands restarted its mothballed expansion in Macau, China, the world’s biggest casino center.

“Strong revenue growth and increases in operational efficiency in Macau and outstanding results at Marina Bay Sands in Singapore contributed to substantial margin expansion,” Adelson said in the statement. “We are confident that Marina Bay Sands will provide an ideal platform for strong growth and outstanding returns.”

Cash flow, measured as adjusted property earnings before interest, taxes, depreciation and amortization, more than doubled to $645.2 million, beating analysts’ projections of $530 million. Singapore cash flow was $241.6 million, and Macau cash flow gained 41 percent to $334.6 million. Macau, the only place in China where casinos are legal, saw total gambling revenue surge 60 percent in the nine months through September.

Singapore Earnings

Companywide Ebitda will be “substantially in excess” of the $3 billion Adelson earlier forecast for 2011, he said on a conference call. Singapore Ebitda alone may be as high as $2 billion in 2012, he said.

Las Vegas Sands rose $4.19, or 10 percent, to $45.25 in extended trading after the release. The shares gained 6 cents to $41.06 during regular New York Stock Exchange hours and have more than doubled this year. Las Vegas Sands’ Macau unit, Sands China Ltd., fell 1.8 percent to HK$14.98 in Hong Kong yesterday.

Sands China is “on pace for a record October,” after a “strong” Golden Week, a Chinese holiday this month, Adelson said on the call.

Singapore is on track to open almost all of the retail areas by the end of 2011, Chief Operating Officer Mike Leven said on the call. Executives “don’t see any let up in growth” at the resort, and payroll is expected to increase to about 8,400 employees as planned.

Venetian, Palazzo

The quarterly net income of $214.5 million, or 21 cents a share, compared with a net loss of $76.5 million, or 19 cents, a year earlier, the company said.

Las Vegas Sands’ Venetian and Palazzo resorts on the Las Vegas Strip reported Ebitda rose 69 percent to $58.3 million, as the casinos won more at the tables and filled more rooms. Las Vegas is emerging from a record two-year drop in corporate meetings and gambling.

Las Vegas Sands said this week that its Venetian and Palazzo casino resorts in Las Vegas will join InterContinental Hotels Group Plc’s database and loyalty program, gaining access to travelers who can help fill the properties’ 7,000 suites.

In August, Las Vegas Sands amended its U.S. loan to get more flexibility and delay maturities in exchange for a higher interest rate. The company also agreed to repay about $1 billion of the debt.

Sands China raised $2.5 billion last year in a Hong Kong initial public offering and convertible bond issue to repay loans and resume construction in the city.

The company suspended projects in Macau, Las Vegas and Pennsylvania in November 2008, when the financial crisis froze funding and decimated casino company share prices, and while auditors questioned its solvency. Most of Sands’ building projects have since restarted.

Overall Macau casino revenue in the first nine months advanced 60 percent to 133 billion patacas ($16.6 billion) from the same period last year, according to Macau’s Gaming Inspection and Coordination Bureau.

Las Vegas Strip gambling proceeds increased 4.5 percent to $3.81 billion in the first eight months of this year, data from Nevada’s Gaming Control Board show

Yeah anything less than 300m will probably result in a sell-off.

firewood ( Date: 05-Nov-2010 14:43) Posted:

Hope for the best!!!!!!!!!!!!

BullishTempo ( Date: 05-Nov-2010 14:42) Posted:

Earnings before interest and tax has to be in the range

$375m to $410m

Anything more than $410m will beat estimates.

If there is a huge gap-up like what happened to LVS, we can expect a sell-off on announcement day.

But if its just a 5-cent gap up, we can still expect folks to buy-in.

But anyway you should be making money on Noble, Cosco, GenSp also, so no matter Smiley

Noob79 ( Date: 05-Nov-2010 14:36) Posted:

no instead i sell low at 43.7 and failed to buy back and then loaded up Noble, Cosco,Genting SP with less than 10% recently le... Stupid me....Now very hot hot liao...will need to skin Genting alive for leting me wait for so long since $2+

Let's hope Genting will compensate me liao :(

BullishTempo ( Date: 05-Nov-2010 14:26) Posted:

No, look at your LVS carefully.

I was studying it for quite awhile, because of similarity to GenSp.

Look at result announcement day for LVS.

Its a black candle. People were selling on news!

You can buy back at the end of the day, after the sell-off is done.

Thnks!

BullishTempo ( Date: 05-Nov-2010 14:43) Posted:

Not at the moment.

firewood ( Date: 05-Nov-2010 14:37) Posted:

Sorry i mean any

Not at the moment.

firewood ( Date: 05-Nov-2010 14:37) Posted:

Sorry i mean any

firewood ( Date: 05-Nov-2010 14:36) Posted:

an

Hope for the best!!!!!!!!!!!!

BullishTempo ( Date: 05-Nov-2010 14:42) Posted:

Earnings before interest and tax has to be in the range

$375m to $410m

Anything more than $410m will beat estimates.

BullishTempo ( Date: 05-Nov-2010 14:40) Posted:

Expects 3Q EBITDA of $385 million vs $504 million in 2Q; “while the headline 24% sequential decline appears steep, 2Q margin was predicated on a very high VIP hold, while the (Marina Bay Sands) ramp up in both VIP and mass during 3Q has been rapid.”

Says such result may disappoint market, considering stock’s rapid rise, but if RWS delivers EBITDA in region of $375 million-$410 million in 3Q, “the bigger picture story remains perfectly valid: this is a casino resort that can generate $1.6 billion of EBITDA in year one of a seven-year duopoly.”

Adds, any signs that 2Q VIP volumes at RWS unsustainable on structural reasons, “would be more of an issue.” Raises target to $2.39 vs $2.02, ups 2011E EBITDA by around 11%

Earnings before interest and tax has to be in the range

$375m to $410m

Anything more than $410m will beat estimates.

BullishTempo ( Date: 05-Nov-2010 14:40) Posted:

Expects 3Q EBITDA of $385 million vs $504 million in 2Q; “while the headline 24% sequential decline appears steep, 2Q margin was predicated on a very high VIP hold, while the (Marina Bay Sands) ramp up in both VIP and mass during 3Q has been rapid.”

Says such result may disappoint market, considering stock’s rapid rise, but if RWS delivers EBITDA in region of $375 million-$410 million in 3Q, “the bigger picture story remains perfectly valid: this is a casino resort that can generate $1.6 billion of EBITDA in year one of a seven-year duopoly.”

Adds, any signs that 2Q VIP volumes at RWS unsustainable on structural reasons, “would be more of an issue.” Raises target to $2.39 vs $2.02, ups 2011E EBITDA by around 11%

firewood ( Date: 05-Nov-2010 14:34) Posted:

Thnks!

Expects 3Q EBITDA of $385 million vs $504 million in 2Q; “while the headline 24% sequential decline appears steep, 2Q margin was predicated on a very high VIP hold, while the (Marina Bay Sands) ramp up in both VIP and mass during 3Q has been rapid.”

Says such result may disappoint market, considering stock’s rapid rise, but if RWS delivers EBITDA in region of $375 million-$410 million in 3Q, “the bigger picture story remains perfectly valid: this is a casino resort that can generate $1.6 billion of EBITDA in year one of a seven-year duopoly.”

Adds, any signs that 2Q VIP volumes at RWS unsustainable on structural reasons, “would be more of an issue.” Raises target to $2.39 vs $2.02, ups 2011E EBITDA by around 11%

firewood ( Date: 05-Nov-2010 14:34) Posted:

Thnks!

BullishTempo ( Date: 05-Nov-2010 14:31) Posted:

749m is based on gross revenue not profits. 2nd quarter gross revenue is 979m.

Ok let me load up the estimated profits for you.

Sorry i mean any

firewood ( Date: 05-Nov-2010 14:36) Posted:

an

BullishTempo ( Date: 05-Nov-2010 14:34) Posted:

You mean STI ?

Or Hang Seng?

Or Dow Jones?

no instead i sell low at 43.7 and failed to buy back and then loaded up Noble, Cosco,Genting SP with less than 10% recently le... Stupid me....Now very hot hot liao...will need to skin Genting alive for leting me wait for so long since $2+

Let's hope Genting will compensate me liao :(

BullishTempo ( Date: 05-Nov-2010 14:26) Posted:

No, look at your LVS carefully.

I was studying it for quite awhile, because of similarity to GenSp.

Look at result announcement day for LVS.

Its a black candle. People were selling on news!

You can buy back at the end of the day, after the sell-off is done.

Noob79 ( Date: 05-Nov-2010 14:22) Posted:

T.T Gap-up too much no point buying.... No always true,that remind me of my encounter recently.... that's why i sell away LVS when a huge gap up occur and in the end it keep going up...sold at 43.7 and now it is 52... WTH hope it can come down for me to enter again....

So now u mention u have oni one counter in 2nd Quarter rite... same feeling mayb i will consolidate all other stock and buy on it....

If let it run away.... 我真的会很对不起自己。

Confident and HUAT HUAT HUAT

an

BullishTempo ( Date: 05-Nov-2010 14:34) Posted:

You mean STI ?

Or Hang Seng?

Or Dow Jones?

firewood ( Date: 05-Nov-2010 14:31) Posted:

BT, do u trade index?

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