Genting HK USD   

Genting HK US$

I think can long Genting HK US$ tomorrow, if Market allows.

Entry: $0.330

Stop-Loss: $0.300

Target: $0.360

More on my blog at Alex Trades.

Good luck.

 

Genting HK currently trading near support. looking good. 

http://sgsharemarket.com/home/2011/11/genting-hk-poised-for-further-upside/

 

 

 

Still sleeping not much movement yet.

 

 

                                                                                    US$0.14

 

 

                                                                                    US$0.14

 

The Philippines awarded four licences in 2008 and 2009 to operate casinos in a gambling and entertainment complex the government plans to build in Manila.

The Philippines is seeking to accelerate construction as bettors in Asia fuel casino growth in Singapore and Macau.

Casino gambling revenue in Macau was four times that of the Las Vegas Strip last year and has grown 47 per cent this year to 173 billion patacas (S$26.5 billion).

“The government’s strategy of bringing in key investors is good as it creates a critical mass,” Mr Leo Venezuela, a Manila-based analyst at CLSA Asia-Pacific Markets, said yesterday.

“You can’t just have one or two players and call it a gaming centre.

You have to have a handful to provide variety and a more dynamic industry.”

Each Philippine licensee agreed to invest US$1 billion over five years, Mr Naguiat said, identifying three of them as a venture of Genting Malaysia, Philippine property developer Belle Corp and Philippine ports magnate Enrique Razon’s Bloombury Investments Holding.

 

Australia-Macau joint venture may invest S$1.2 billion in Manila casino

MANILA

“Discussions are still ongoing” with Melco Crown Entertainment, the casino venture of Mr Packer and Mr Ho, said Mr Cristino Naguiat, chairman of the Philippine Amusement and Gaming Corp (PAGCOR), the state-owned casino operator and regulator. “I think they’re serious,” he added.

Mr Naguiat spoke in a Sept 2 interview in Shanghai, where he accompanied President Benigno Aquino on his five-day state visit to China.

---

Unlike Singapore and Macau, the Philippines has other attractions. Tourists can go to other destinations apart from casinos.

  Aside from that, it’s strategically located in Asia. It’s a short flight from North and South Asia.

Manila-based analyst at CLSA Asia-Pacific Markets Leo Venezuela— Australian billionaire James Packer and Mr Lawrence Ho, son of Macau gambling mogul Stanley Ho, may invest at least US$1 billion (S$1.2 billion) in a Manila casino project, the Philippine gambling regulator said.

 

Those following TA take note: Parabolic SAR appears on chart yesterday with stochastic oversold & bullish divergence occcurs.

Trend has changed to the upside in an oversold position.

Any Sifu to cormfirm???

 

this is same thick using by bjcorp and other chinese company list in US. buy some alien company and say profit report and those all whose set company in cayman island . same thick. just want investor to  buy  went  it rose to 0.40 plus. hope you guy wont  let them  goreng you money. see genting hk never had dividend and i dont they give u on genting us hk too. they try rise money on they 2 new project coming soon  . miami and 1 in US i forget. they need more money from us. good luck guy.  i will see u all guy on 0.28 below

 

CIMB

Singapore Daybreak

Above maintain OUTPERFORM.

profit, at 51% of our FY11 forecast and 34% of consensus, is above our expectation but

below consensus. The discrepancy was stronger-than-expected revenue from Star Cruises

which drove EBITDA margins higher. Consensus might have been too bullish on the share

of profits from JCE. To reflect Star Cruises’ better-than-expected results, we raise our

FY11-13 revenue forecasts by 4-9% and EBITDA margins by 2-2.8% pts. Accordingly, our

earnings estimates climb by 7-9%, lifting our SOP target price from US$0.51 to US$0.53.

We continue to expect catalysts from: 1) the continuous ramp-up of RWM and 2) betterthan-

expected cruise operations in 2H11. We continue to regard the stock as good proxy

for the expanding Philippine casino and recuperating cruise sector.Genting Hong Kong Ltd - 2Q11 results - Star Cruises lifted the anchorStripping out a US$13m litigation claim, 1H11 core net

Strong topline from Star Cruises.

in 2Q11, Star Cruises’ posted strong operational results (previously uninspiring),

suggesting that the Asian cruise business could still be a growth driver for the group.

Spurred by a 23% yoy increase in topline, Star Cruises’ EBITDA jumped 21.8% yoy.

Despite a 21.5% yoy hike in average fuel prices, EBITDA margins were maintained at

27.1% in 1H11 (27.3% in 1H10). There was: 1) a 32% yoy surge in onboard gaming

revenue 2) 8% yoy growth in ticket revenue 3) an 11% yoy increase in capacity days and

4) higher occupancy rates from 1H10’s 82% to 84%. The surge in gaming revenue

indicates that Star Cruises has positioned its fleet strategically to capitalise on growing

regional demand for casino gaming. The group also revealed that one of its ships will be

deployed to Sanya for the first time in November, offering 4D/3N and 3D/2N cruises around

the region.Hot on the heels of an impressive turnaround by NCL

Share of profits from JCE in line.

controlled entities (JCE) amounted to US$41m, or 40% of our full-year estimate, largely

within expectations. Our earnings projections for NCL tilt towards the conservative end as

we expect headwinds beyond 4Q11. Consensus estimates for share of profits from JCE for

FY11 are 30% above our forecast.In 1H11, Genting HK’s share of profits from its jointly

 

 

Key points for 1H 2011 in comparison with 1H 2010: • Profit for the Group in 1H 2011 was US$61.8 million, increased 445.6% compared with US$11.3 million in 1H 2010 • Contributions from jointly controlled entities, Travellers International Hotel Group, Inc. and its subsidiaries (“Travellers Group”) and NCL Corporation Ltd. and its subsidiaries (“NCLC Group”), during the period were US$25.7 million and US$12.3 million, respectively. Share of profit from Travellers Group increased US$15.5 million from the same period in 2010 when Travellers Group was classified as an associate, while share of profit from NCLC Group was US$12.3 million in 1H 2011 compared with a share of loss of US$18.7 million in 1H 2010 • EBITDA for the period improved 21.8% to US$61.5 million, compared with US$50.5 million for the same period in 2010 • Capacity days increased by 10.8% from approximately 0.8 million to 0.9 million capacity days due to the full operations of m.v. SuperStar Libra in 1H 2011 • Total revenue increased by 22.9% from US$184.7 million in 1H 2010 to US$ 227.0 million in 1H 2011 mainly due to the 32.2% increase in gaming revenue from 1H 2010 • Operating expenses excluding depreciation and amortisation increased by 23.8% in 1H 2011, mainly due to higher fuel costs and payroll and related operating costs • Selling, general and administrative expenses excluding depreciation and amortisation increased by 21.6% in 1H 2011 mainly due to increases in payroll, and advertising and promotion expenses • Operating profit was US$23.5 million for 1H 2011, a 41.5% improvement compared with US$16.6 million in 1H 2010

 

I m waiting to see whether I can get it below USD0.300. I missed the last one.

I will keep this in my radar screen.

 

发 发 发 发 发 发 发 发

发 发 发 发 发 发 发 发

发 发 发 发 发 发 发 发

发 发 发 发 发 发 发 发

发 发 发 发 发 发 发 发

发 发 发 发 发 发 发 发

发 发 发 发 发 发 发 发

发 发 发 发 发 发 发 发

 

Less lucky at RWS and GENUK

2Q11 core net profit was 19% lower YoY largely due to RWS whose VIP win rate fell from > 3.5% in 2Q10 to 2.7% in 2Q11 and GENUK whose VIP win rate was markedly below the theoretical level of 2.85% despite its VIP volume growing 20% YoY.

 

  i just new comer on this forum


dont buy genting hk us , is a trap even the price up but you lost your currency usd exchange coz US will down grade they money soon . avoid buying this share. BUY only usd 0.28/.29.  pls calcular your money will US down grade they money to 20% down. dont believe me but believe reality. so be carefully buying this share. you will lost two side ( share & currency )

 

Monday: 22 AUGUST 2011

09:21:06	0.300	1,000,000	M
09:19:22	0.300	1,000	B
09:18:58	0.305	20,000	A

 

MARRIED  DEALS are

BEAR  TRAPS

BEWARD

AWARD

SCARE

CARE

 

 

pharoah88      ( Date: 19-Aug-2011 12:56) Posted: 08:59:04 0.315 3,000 A 08:59:04 0.315 264,000 A 08:59:04 0.315 21,000 A 08:59:04 0.315 15,000 A 08:59:04 0.315 10,000 A 08:59:04 0.315 20,000 A 08:33:08 0.334 940,000 M

 

hihi, could you help to interprete the data? many thanks *_*

pharoah88      ( Date: 19-Aug-2011 12:56) Posted: 08:59:04 0.315 3,000 A 08:59:04 0.315 264,000 A 08:59:04 0.315 21,000 A 08:59:04 0.315 15,000 A 08:59:04 0.315 10,000 A 08:59:04 0.315 20,000 A 08:33:08 0.334 940,000 M

 

08:59:04	0.315	3,000	A
08:59:04	0.315	264,000	A
08:59:04	0.315	21,000	A
08:59:04	0.315	15,000	A
08:59:04	0.315	10,000	A
08:59:04	0.315	20,000	A
08:33:08	0.334	940,000	M

 

 

The other 1/3 of profit reporting coming.

DATE OF BOARD MEETING

The board of directors (the " Board" ) of Genting Hong Kong Limited (the " Company" ) announces that a meeting of the Board of the Company will be held on Saturday, 27 August 2011 for the purpose of, among other matters, approving the unaudited consolidated results of the Company and its subsidiaries for the six months ended 30 June 2011 and considering the payment of an interim dividend, if any.

By Order of the Board

Louisa Tam Suet Lin

Company Secretary

cheekong22      ( Date: 07-Aug-2011 21:57) Posted: Adjusted EBITDA for the second quarter ended June 30, 2011 increased 29.0% to $123.5 million from $95.7 million in the same period of 2010 on improved revenue performance and continued business improvement initiatives. Net Revenue for the quarter increased 19.8% to $418.0 million from $349.0 million in 2010 as a result of a 14.9% increase in Capacity Days, due to the addition of Norwegian Epic to the fleet in June 2010, along with an improvement in Net Yield of 4.2%. The increase in Net Yield was a result of both higher passenger ticket pricing and increased onboard spend per Capacity Day. Net Cruise Cost per Capacity Day increased 1.1% in the second quarter primarily due to an increase in the price of fuel along with Dry-dock related costs substantially offset by business improvement initiatives. The price of fuel in the second quarter increased 17.1% to $595 per metric ton from $508 in 2010. Excluding fuel expense, Net Cruise Cost per Capacity Day decreased 1.1%. Interest expense, net of capitalized interest, increased to $46.7 million in the quarter compared to $37.0 million in 2010 due to increased borrowings attributable to the addition of Norwegian Epic. Other expense was $0.3 million in 2011 compared to $33.8 million in 2010 which included a $33.1 million charge for foreign exchange contracts related to the financing of Norwegian Epic. Net income for the quarter was $29.2 million on revenue of $568.6 million compared to a net loss of $14.9 million on revenue of $477.9 million in 2010.