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hope monday it will not dip.
Actually 1.6 Billion worth of contracts to be awarded in Jan 08 soon - reports
Award of contracts in Jan 2008 soon
Means execution status is well
Mgt says project on target
Watch out for this counter
surprising holding well today, good sign (many of 18,000 lots transacated today if one will to go thru the sales summary), i have been consistently increasing my portfolio on this counter, i've faith that it will go back to above $1 again.
if u got it and cannot hold, i will be waiting below to collect from you. dun blame me for that.
We think alike... I will get in @.635... 
i will stay away from this counter for the time being and come in when hit 0.63.
May stay away first. Http://www.freewebs.com/henryhts
Genting seems to be going strong. Wonder if it is sustainable.
Pension. How do you derive the target price to be 0.63?
Well, I guess it should not be less than the rights. i.e. 0.605
Noted that some profit are from the gambling side (ill gotten as mentioned)
Others are from the recreational side (resort hotels, etc)
Can't distinguish the profit - its all lump together
This is a gaming machine, so like it or not Genting gaming licence will have to distribute it ill forgotten wealth to it republic coffer to help to diffuse ever increasing republic cost of living. Cheer, have a new year resolution.
If BBs come in - it is to push the price way down like previously over $1 to 65ts
Well....at least they have not decided on the offer price yet.
Resorts World and Genting International are related
They wun kill genting by offering BIG discounts.
BBs may be in play next week to push the price up.
tp 0.63
They are giving to Resorts shareholders at "potential discount"
The price will of course drop for sure
share price may dip further. further more, the whole project is very quiet and have not award any contract to contractor. everyday delay is a loss of money. no news on license. avoid this counter at all cost until they receive their license.
not a very good news.
Malaysia's Resorts plans Genting Int'l stake sale
KUALA LUMPUR, Dec 28 (Reuters) - Malaysian casino operator Resorts World Bhd announced on Friday a plan to sell its entire stake in Singapore-listed Genting International to Resorts World shareholders.Resorts, which owns about a 6.2 percent stake in Genting International, could raise about 527 million ringgit ($158.9 million) from the sale assuming a full take-up of the offer, it said.
"The proposed offer for sale will enable the Resorts World Group to divest its stake in Genting International in a manner that provides the entitled shareholders with an opportunity to have a direct participation in the prospects and future performance of Genting International at a potential discount to the market price," Resorts said in a statement.
"The divestment is intended to allow the Resorts World group to streamline its investments as part of a continuous review of (its) strategic positioning and interests worldwide."
The proceeds will be used for investments and acquisitions, Resorts added.
Genting International owns gaming firm Stanley Leisure plc and almost a 10th of Rank Group plc , the United Kingdom's biggest and second-biggest casino firms.
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Genting International has also said it expects to spend as much as S$6 billion ($4.14 billion) to build a casino resort on Singapore's Sentosa Island.
Resorts is 48 percent-owned by Malaysian gaming giant Genting Bhd as at December, Reuters data shows.
The planned sale involves a non-renounceable offer for sale of the stake to Resorts shareholders at a price to be later determined, on a pro-rated basis of 1 offer share for every 10 Resorts shares owned, the firm said. ($1=3.317 Malaysian Ringgit) (Reporting by Hsu Chuang Khoo, editing
1 for 10 shares
Question is do you want it ?
If not, sell in open mkt as price will probably drop