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Genting Sing    Last:0.725    -0.015

Genting moving up fast.

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teeth53
    28-May-2009 19:42  
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The news is out, for concrete reasons..this ? can only answer by Mr Lim's himself, just my guess.

AnthonyTan      ( Date: 28-May-2009 09:56) Posted:

.Anybody know why the Lim' family sell their own shares.? A lot of speculations. .........because of this and because of that. I would be very much interested the actual reasons for them to sell their own shares.Concrete reasons. Thanks.

 
 
ljkeong
    28-May-2009 18:16  
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ljkeong
    28-May-2009 15:52  
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New support level at 0.70 is very fragile. Just waiting to be break by few bad news soon. Force sell, correction and North South Korean conflic. When people become more confident? When it touch 0.60. or 0.65.



i780samsung      ( Date: 28-May-2009 15:37) Posted:

As I wrote before, the new support of about 0.7 was just formed yesterday. It will not go much below 0.7, instead will start increase again when people becomes more confidence.

ljkeong      ( Date: 28-May-2009 15:11) Posted:

Today price not much movement because very less people buy and also less people volunteer to sell. Once force sell take place,  price will drop drastically again. Support level is at about 0.60.


 

 
i780samsung
    28-May-2009 15:37  
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As I wrote before, the new support of about 0.7 was just formed yesterday. It will not go much below 0.7, instead will start increase again when people becomes more confidence.

ljkeong      ( Date: 28-May-2009 15:11) Posted:

Today price not much movement because very less people buy and also less people volunteer to sell. Once force sell take place,  price will drop drastically again. Support level is at about 0.60.

 
 
ljkeong
    28-May-2009 15:11  
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Today price not much movement because very less people buy and also less people volunteer to sell. Once force sell take place,  price will drop drastically again. Support level is at about 0.60.
 
 
loyfam88
    28-May-2009 15:08  
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I totally agree after seeing this round of share mkt for US and Spore. I think for long term investment, we need to be contrarian. Buy low and then just put it somewhere and look at it in few yrs time. Personally I missed the boat for Genting 35cents + level.... Missed the boat becoz I always have this thinking, maybe it will drop somemore/??? Just wait and wait and wait... Well, though it is not 90 cents now but it is 70 cents. Imagine I had vested when it was 30-40+ cents. So I learnt that it's never possible to catch the lowest point as you only know it when it's gone.

It's just a human mindset, just last week everyone had so much confidence in a casino stock. But this week..... it's not the same anymore.

I am a strong believer that Genting will grow sooner or later as this is a profitable biz to start with. So this time round, I don't want to miss the boat anymore and will continue to invest at a price that I think is reasonbable, after which put at a side and watch it grow. I am not thinking abt millionaire with just 1 lot. But maybe this is the share that will let us retire comfortably.


 

 
iPunter
    28-May-2009 13:32  
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For long-term investment, you should always only aim to buy at low, low prices...

eg. when everyone is afraid to buy and are afraid of the recession...

If you buy high, when everone is buying, you may really need to go super long term to just break-even... Smiley



AnthonyTan      ( Date: 28-May-2009 09:58) Posted:

Intend to buy some to keep for long term but now lost confidence already.

 
 
pilotfish
    28-May-2009 13:30  
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Whether it is a coincident or not. The price fall into my support trend line.

MACD indicate a sell sell signal. Tried this morning to initial a short possition but was rejected as shorting was closed for this counter. Probably why selling was not strong today.

A bit risky to enter now although price seems to be stablised...

Thnks Alligator for adivising.

 



AnthonyTan      ( Date: 28-May-2009 09:58) Posted:

Intend to buy some to keep for long term but now lost confidence already.

 
 
Alligator
    28-May-2009 13:05  
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Read this and the post inside this message.

Alligator
Senior
Others   /     /   Posted: 11-May-2009 13:07      4Go to Message
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aircraft,

basically two types of images: one is image that are already hosted in some website, then it is easy. you can read the second part of my post ( see below link)

second type is image that is NOT hosted in website, like those in your computer or those you read from reports and you want to extract the image for posting, then more complex, you need to use a 'free' image hosting website to help.  please read the following posts. and try it.. hope this helps

http://www.sharejunction.com/sharejunction/listMessage.htm?directAccessMessageID=199838#MID199838



aircraft      ( Date: 11-May-2009 12:42) Posted:

Hi Alligator, How do you insert charts and images into the posting ? THanks

 



pilotfish      ( Date: 28-May-2009 12:26) Posted:



Can anyone advise how to insert chart or picture.

thnks in advance.Smiley

 
 
pilotfish
    28-May-2009 12:26  
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Can anyone advise how to insert chart or picture.

thnks in advance.Smiley
 

 
alanghc2020
    28-May-2009 12:03  
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why they are not sensitive about market ? If market lost confident, then jia lat !!

AnthonyTan      ( Date: 28-May-2009 09:58) Posted:

Intend to buy some to keep for long term but now lost confidence already.

 
 
AnthonyTan
    28-May-2009 09:58  
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Intend to buy some to keep for long term but now lost confidence already.
 
 
AnthonyTan
    28-May-2009 09:56  
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.Anybody know why the Lim' family sell their own shares.? A lot of speculations. .........because of this and because of that. I would be very much interested the actual reasons for them to sell their own shares.Concrete reasons. Thanks.
 
 
iPunter
    28-May-2009 08:52  
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Yup... buy high sell low,

short low, buy high... Smiley
 
 
louis_leecs
    28-May-2009 08:49  
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let the dust settle,,,,,,,,,,,,,,,let lim familly sell and take they want,,,,,,,,,,,,,,,,,let fund do their job,,,,,,,,,,,,,,,,,,,,,,let the cannot hold after buy at hight price investor cut lost first,,,,,,,,,,,,,,,,,,and after tis the bright light will shines again,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,patience wait for a few day,,,,,,,,,,,,,,,,,,,,,,,,,,,im start interest tis baby after correction,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,but not hurry go in,,,,,,,,,,,,,,,,,,,,,,,,,patience see who buy at hight price wat they going to settle tis and wait for 9% investor announce and their view of tis baby
 

 
i780samsung
    28-May-2009 08:41  
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r u a shortist? what is your ground? yesterday almost 2 billion shares moved hand at 0.72 on average. It means it creates a new firm base which is actually good for Genting. People who sold below this number yesterday is only due to panic after buying at maybe higher price. Am I right to say this?

Bintang      ( Date: 28-May-2009 08:18) Posted:

There must be alot of force selling within these few days due to heavy buying last Friday n this Monday .

 
 
Bintang
    28-May-2009 08:18  
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There must be alot of force selling within these few days due to heavy buying last Friday n this Monday .
 
 
tchoonw
    28-May-2009 08:14  
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means if today above 65c should short as much as possible...

Bintang      ( Date: 28-May-2009 07:25) Posted:

Genting may go back to 60 cents where is gap to be cover .

 
 
Bintang
    28-May-2009 07:25  
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Genting may go back to 60 cents where is gap to be cover .
 
 
teeth53
    27-May-2009 19:25  
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May 25th 2009. Gen't Int hit 0.91ct, drop on profit taking to about 0.885ct for d last hour trading, when i thot the last time it hit a high of $1.20 B4 it start falling..sell into strength...just my guess. Yesterday a good chance to take profit too.

Today May 27, 2009, it continue it profit taking....Ya.

Genting SP 0.715 0.710 -0.155ct -17.9% 1,734,655,000 5,885,000 0.705 0.710 8,237,000 0.740 0.685

 



teeth53      ( Date: 26-May-2009 22:20) Posted:



On profit taking today to 865ct.....morning traded btw 885ct - 905ct and as well in early afternoon as well.

Genting SP 0.890 0.865 -0.020ct -2.3% 92,113,000 1,393,000 0.860 0.865 180,000 0.905 0.855

 
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