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Genting Sing    Last:0.76    -0.01

GenSp starts to move up again

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cannotfind
    21-Oct-2010 12:44  
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getting ready to buy MAPPLE liao.... The syrup is sweeetttttttttttttttttttttttttt
 
 
Raptor22
    21-Oct-2010 12:42  
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Wah UPS still got the gumption to say neutral while raising its price from 2.02 to 2.39.

 
 
 
BullishTempo
    21-Oct-2010 12:35  
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UBS cuts Genting Singapore to Neutral; raises target

Tags: Genting Singapore | Marina Bay Sands | UBS

WRITTEN BY DOW JONES & CO, INC   
THURSDAY, 21 OCTOBER 2010 10:50
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UBS downgrades Genting Singapore (G13.SG) to Neutral vs Buy, says “future still bright, but need to pause for breath.”

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% to $1.8 billion. 
 
Shares off 1.3% at $2.23.  
 

 
icetomato
    21-Oct-2010 12:34  
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Yeah! Thanks! Just put lo... a bit only... 

Later must go see MapletreeInd already!



Raptor22      ( Date: 21-Oct-2010 12:28) Posted:

Cool !

Hope you get it and it starts to climb.

 



icetomato      ( Date: 21-Oct-2010 12:25) Posted:

I'm queueing 2.20


 
 
eastcivic
    21-Oct-2010 12:33  
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i thought genting might drop today due to MIT..... but i did not expect it to drop so much.....  hopefully it'll climb back again in the afternoon...... close at 2.24-2.25 would be good! :D
 
 
BullishTempo
    21-Oct-2010 12:28  
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Bought back a bit only  Smiley

SnowCloud      ( Date: 21-Oct-2010 12:23) Posted:

SO FAST ?!! You dont foresee that it will drop later in the afternoon ?



BullishTempo      ( Date: 21-Oct-2010 12:15) Posted:

Bought some GSP back at 2.2


 

 
Raptor22
    21-Oct-2010 12:28  
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Cool !

Hope you get it and it starts to climb.

 



icetomato      ( Date: 21-Oct-2010 12:25) Posted:

I'm queueing 2.20

 
 
icetomato
    21-Oct-2010 12:25  
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I'm queueing 2.20
 
 
SnowCloud
    21-Oct-2010 12:23  
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SO FAST ?!! You dont foresee that it will drop later in the afternoon ?



BullishTempo      ( Date: 21-Oct-2010 12:15) Posted:

Bought some GSP back at 2.21

Raptor22      ( Date: 21-Oct-2010 12:13) Posted:



If so, MIT will be very volatile. V good for quickie, right?

Will stick to GSp. Up/Down. Vested.

Good luck guys for both counters.


 
 
eastcivic
    21-Oct-2010 12:23  
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almost wanted to sell at 2.21..... but decided to hold and see what the afternoon brings.....

glad that you are back in genting :D



BullishTempo      ( Date: 21-Oct-2010 12:15) Posted:

Bought some GSP back at 2.21

Raptor22      ( Date: 21-Oct-2010 12:13) Posted:



If so, MIT will be very volatile. V good for quickie, right?

Will stick to GSp. Up/Down. Vested.

Good luck guys for both counters.


 

 
Raptor22
    21-Oct-2010 12:23  
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sorry 2.19 and 2.21

Raptor22      ( Date: 21-Oct-2010 12:22) Posted:



Looks like it's holding out between 2.1. and 2.21.

Any prediction for the afternoon?

 

 
 
Raptor22
    21-Oct-2010 12:22  
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Looks like it's holding out between 2.1. and 2.21.

Any prediction for the afternoon?

 
 
 
SnowCloud
    21-Oct-2010 12:18  
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Thanks for the enlightenment =) Yeah..without a doubt. See..so many forumers ere also are into mapple. Like cannotfind said..its SWEEEEEEEEEEEEET !!

BullishTempo      ( Date: 21-Oct-2010 12:08) Posted:

If you are looking at the STI chart, it is plunging all the way down to 3150 and now bouncing up a little bit to 3160. The sell-off has already stopped and recovering slightly.

The earlier sell-off looks like a lot of short-term traders are preparing for MIT at 2pm. With a sharp STI downturn, it isn't just GSP that is selling off, but a lot of other blue chip counters as well. 

Looks like with a 1 billion IPO like Maple, it tends to suck a lot of liquidity off the market.  



SnowCloud      ( Date: 21-Oct-2010 12:03) Posted:

BT..whats ur view ? Gonna be 1230 soon. Do you think it will plunge a little more to cash out for MIT ?


 
 
BullishTempo
    21-Oct-2010 12:15  
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Bought some GSP back at 2.21

Raptor22      ( Date: 21-Oct-2010 12:13) Posted:



If so, MIT will be very volatile. V good for quickie, right?

Will stick to GSp. Up/Down. Vested.

Good luck guys for both counters.

 
 
Raptor22
    21-Oct-2010 12:13  
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If so, MIT will be very volatile. V good for quickie, right?

Will stick to GSp. Up/Down. Vested.

Good luck guys for both counters.
 

 
BullishTempo
    21-Oct-2010 12:08  
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If you are looking at the STI chart, it is plunging all the way down to 3150 and now bouncing up a little bit to 3160. The sell-off has already stopped and recovering slightly.

The earlier sell-off looks like a lot of short-term traders are preparing for MIT at 2pm. With a sharp STI downturn, it isn't just GSP that is selling off, but a lot of other blue chip counters as well. 

Looks like with a 1 billion IPO like Maple, it tends to suck a lot of liquidity off the market.  



SnowCloud      ( Date: 21-Oct-2010 12:03) Posted:

BT..whats ur view ? Gonna be 1230 soon. Do you think it will plunge a little more to cash out for MIT ?

 
 
Raptor22
    21-Oct-2010 12:04  
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Sometimes u're god, somethimes god tell you.

Sometimes u got the banana, .... hehe 



cannotfind      ( Date: 21-Oct-2010 11:56) Posted:

kekekekkeke... god tells me mah... same as I think lor



BullishTempo      ( Date: 21-Oct-2010 11:51) Posted:

You didn't buy coz you didn't manage to login haha


 
 
SnowCloud
    21-Oct-2010 12:03  
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BT..whats ur view ? Gonna be 1230 soon. Do you think it will plunge a little more to cash out for MIT ?
 
 
cannotfind
    21-Oct-2010 12:00  
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wow... everyone is waiting MAPPLESYRUP...... so sweettttttttttttttttttttttttt

BullishTempo      ( Date: 21-Oct-2010 11:55) Posted:

$1000. She made $300,000 before, this is peanuts to her. 

epliew      ( Date: 21-Oct-2010 11:52) Posted:

wow.....

u really make alot from genting hk.



 
 
BullishTempo
    21-Oct-2010 11:59  
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So how many lots for Maple later? 

cannotfind      ( Date: 21-Oct-2010 11:56) Posted:

kekekekkeke... god tells me mah... same as I think lor



BullishTempo      ( Date: 21-Oct-2010 11:51) Posted:

You didn't buy coz you didn't manage to login haha


 
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