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Genting SP Next Move

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Flyordie
    21-Aug-2010 19:36  
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狂输2630万富豪是狮城海产大王
曾出资80万给李南星拍戒赌电影

郭炳福(右)曾经要出资80万给李南星拍戒赌电影。(档案照片)



3天内在赌场狂输2630万的狮城商人,原来是本地知名的海鲜大王,曾经要出资80万给李南星拍戒赌电影!

这名50多岁商人是远洋海产(私人)有限公司的执行董事,并是新加坡水产业工商联合会主席郭炳福。他在2005年期间,原本有意出资80万元去投资一部由李南星主演的电影《戒赌专家》,结果后来因种种原因,计划告吹。

郭炳福是家中幺子,他在80年代开始从父亲那里接手一间海产拍卖公司,之后该公司在90年代与同是父亲创立的远洋海产合并,发展成至今上百万元的生意。

目前,该公司的业务包括出口海产如乌贼、剑鱼到世界各地的餐馆、食物加工厂和批发商。近年来,公司还扩充营业,增加了食物加工和肉类产品分销。
 
 
gabjen
    21-Aug-2010 18:55  
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Hi iPunter,yes,I totally agreed with you about timing.The stories part,all these while when you posted whether it's uptrend or downtrend ,you used chart to speak,rite?You don't post things like short Genting becos so and so is dumping or dream come true but it might over...,kind of stuff,isn't it?Smiley

 
 
iPunter
    21-Aug-2010 15:12  
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There is more money to be made by being bearish at the right time....

     and being bullish at the right time...

           no stories are needed for distraction...

               The chart says it all... Smiley


 

 
gabjen
    21-Aug-2010 13:03  
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Haha,maybe some get me wrong,what I'm saying is that by agreeing to AK's opinion does not mean that I'm blindly clinging on to this "baobei" or  hoping that it will shoot up sky high.,it's just that it might not be so bad as some has put it ,don't you think some have actually exaggerared the down side of this counter with their comments.At least for old timer like Anthony who is bearish most of the time,he dosen't need to cook-up stories when he short.
 
 
BullishTempo
    21-Aug-2010 09:51  
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Very well said. I used to feel guilty making money from stock market but later I decided to donate some of the money I make each month to charity and this way not only do I not feel guilty now, I actually feel it is a good thing to make more from stock market so I can donate more. And guess what? My profits went up after I started donating, especially during this Genting rally  Smiley

iPunter      ( Date: 21-Aug-2010 06:48) Posted:



I adopt a rather different view from that.  I look at it this way.

      If one receives a gift of a certain sum of money from HH (His Holiness) Caishen,

          it is the person's responsibilty to preserve and protect that gift

             with all his heart and put it to good use.

                  One the other hand, if the person thinks he/she can become reckless

                        and unconcerned simply because it is a gift very easily received,

                             that is hardly a good approach to live by... Smiley

 



 
 
iPunter
    21-Aug-2010 06:48  
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I adopt a rather different view from that.  I look at it this way.

      If one receives a gift of a certain sum of money from HH (His Holiness) Caishen,

          it is the person's responsibilty to preserve and protect that gift

             with all his heart and put it to good use.

                  One the other hand, if the person thinks he/she can become reckless

                        and unconcerned simply because it is a gift very easily received,

                             that is hardly a good approach to live by... Smiley

 


 

 
gabjen
    21-Aug-2010 03:16  
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Haha,to some forumers they might not agree with what we said,it's up to individual.Well,for my case,since I bot them very early,I already got back my capital on this counter,whatever I'm holding now are bonus,so it really doesen't matter whether the px goes either way.If it goes down, I might consider pick up some or if the other way round then I sell some,all depends on what price he/she is comfortable with but plse do trade with care for this share as it tends to be very irrational.Smiley


NewInvestors      ( Date: 20-Aug-2010 10:20) Posted:

They give me confident.

gabjen      ( Date: 19-Aug-2010 15:06) Posted:

Agreed with you,as for those who shouted for nothing or foreign investor dumping tomorrow,you and me know what they are in for,hahaha


 
 
BullishTempo
    20-Aug-2010 13:39  
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Singapore EGM is a "Go" but Malaysia is on Tuesday morning.

pharoah88      ( Date: 20-Aug-2010 13:27) Posted:

Genting UK  SALE  already  gOne  On 

Wednesday: 18 August 2010  EGM ?



BullishTempo      ( Date: 20-Aug-2010 10:27) Posted:



 

Fibonanci retracement analysis from a low of 0.86 on 26th April to a high of 1.68 on 17th August shows a possible downside retracement to between 1.30 and 1.36. Possible risk factor is the Genting UK sales to Genting Malaysia to be announced on Tuesday. If it is a "Go", upside movement may result. Invest at your own risk!


 
 
pharoah88
    20-Aug-2010 13:30  
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CASINO  JUNKET  OPERATIONS  will  commence  in 3Q 2010  and 4Q 2010.
 
 
pharoah88
    20-Aug-2010 13:27  
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Genting UK  SALE  already  gOne  On 

Wednesday: 18 August 2010  EGM ?



BullishTempo      ( Date: 20-Aug-2010 10:27) Posted:



 

Fibonanci retracement analysis from a low of 0.86 on 26th April to a high of 1.68 on 17th August shows a possible downside retracement to between 1.30 and 1.36. Possible risk factor is the Genting UK sales to Genting Malaysia to be announced on Tuesday. If it is a "Go", upside movement may result. Invest at your own risk!

 

 
alexchia01
    20-Aug-2010 13:06  
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Kim Eng CFD



BullishTempo      ( Date: 20-Aug-2010 12:55) Posted:

Which CFD brokerage? Philips Capital? MF Global?

alexchia01      ( Date: 20-Aug-2010 12:42) Posted:

I'm using my CFD account to short Genting SP, so I'm not in the hurry to cover it by end of the day.

However, if I sense a reversal, I'll cover it fast.

At the moment, it's still heading down.

I'm expecting it to goes to $1.30, but the resistance at $1.46 would be strong.

Genting SP has been a special stock. I've been wrong with Genting SP many times and I could be wrong again.



 
 
BullishTempo
    20-Aug-2010 12:55  
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Which CFD brokerage? Philips Capital? MF Global?

alexchia01      ( Date: 20-Aug-2010 12:42) Posted:

I'm using my CFD account to short Genting SP, so I'm not in the hurry to cover it by end of the day.

However, if I sense a reversal, I'll cover it fast.

At the moment, it's still heading down.

I'm expecting it to goes to $1.30, but the resistance at $1.46 would be strong.

Genting SP has been a special stock. I've been wrong with Genting SP many times and I could be wrong again.



BullishTempo      ( Date: 20-Aug-2010 11:42) Posted:

May want to consider covering those shorts soon. Looks like it is going to go up from 1.48 and hit 1.50 before lunch break. 


 
 
alexchia01
    20-Aug-2010 12:42  
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I'm using my CFD account to short Genting SP, so I'm not in the hurry to cover it by end of the day.

However, if I sense a reversal, I'll cover it fast.

At the moment, it's still heading down.

I'm expecting it to goes to $1.30, but the resistance at $1.46 would be strong.

Genting SP has been a special stock. I've been wrong with Genting SP many times and I could be wrong again.



BullishTempo      ( Date: 20-Aug-2010 11:42) Posted:

May want to consider covering those shorts soon. Looks like it is going to go up from 1.48 and hit 1.50 before lunch break. 

alexchia01      ( Date: 20-Aug-2010 11:38) Posted:

Yes, my Short on Genting has been profitable.

However, I pity people who brought at the high.

I know someone brought at $1.20, sell at $1.40, and then Buy back at $1.62.

I was asking him... WHY?

His answer is that he read from somewhere stating Genting SP is heading to $2.00.

OMG! These analysts really getting people into trouble.



 
 
BullishTempo
    20-Aug-2010 11:42  
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May want to consider covering those shorts soon. Looks like it is going to go up from 1.48 and hit 1.50 before lunch break. 

alexchia01      ( Date: 20-Aug-2010 11:38) Posted:

Yes, my Short on Genting has been profitable.

However, I pity people who brought at the high.

I know someone brought at $1.20, sell at $1.40, and then Buy back at $1.62.

I was asking him... WHY?

His answer is that he read from somewhere stating Genting SP is heading to $2.00.

OMG! These analysts really getting people into trouble.



iPunter      ( Date: 20-Aug-2010 09:56) Posted:



Selling dominates  right now...

     Maydrop below 1.48 soon...

        If so,  Alex01 will be smiling...Smiley




 
 
BullishTempo
    20-Aug-2010 11:38  
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If everything can be confirmed a few days before the event, I would be a multi-millionaire by now  Smiley



NewInvestors      ( Date: 20-Aug-2010 11:34) Posted:

Confirm GO right? So price will up? 

BullishTempo      ( Date: 20-Aug-2010 10:27) Posted:



 

Fibonanci retracement analysis from a low of 0.86 on 26th April to a high of 1.68 on 17th August shows a possible downside retracement to between 1.30 and 1.36. Possible risk factor is the Genting UK sales to Genting Malaysia to be announced on Tuesday. If it is a "Go", upside movement may result. Invest at your own risk!


 

 
alexchia01
    20-Aug-2010 11:38  
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Yes, my Short on Genting has been profitable.

However, I pity people who brought at the high.

I know someone brought at $1.20, sell at $1.40, and then Buy back at $1.62.

I was asking him... WHY?

His answer is that he read from somewhere stating Genting SP is heading to $2.00.

OMG! These analysts really getting people into trouble.



iPunter      ( Date: 20-Aug-2010 09:56) Posted:



Selling dominates  right now...

     Maydrop below 1.48 soon...

        If so,  Alex01 will be smiling...Smiley



 
 
NewInvestors
    20-Aug-2010 11:34  
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Confirm GO right? So price will up? 

BullishTempo      ( Date: 20-Aug-2010 10:27) Posted:



 

Fibonanci retracement analysis from a low of 0.86 on 26th April to a high of 1.68 on 17th August shows a possible downside retracement to between 1.30 and 1.36. Possible risk factor is the Genting UK sales to Genting Malaysia to be announced on Tuesday. If it is a "Go", upside movement may result. Invest at your own risk!

 
 
BullishTempo
    20-Aug-2010 10:56  
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LoL thanks iPunter. U guys ever been to our Genting casino? Made some money from the recent bull run, considering going there to patronize and take a look inside. $100 entrance fee should be worth it, considering analyst end of year target of 1.80 - 2.00.. Smiley

 
 
 
iPunter
    20-Aug-2010 10:32  
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This is a good post...

      giving rational and reasonable views... Smiley

           Unlike those highly contentious 'bound to happen' type of biased view... Smiley




BullishTempo      ( Date: 20-Aug-2010 10:27) Posted:



 

Fibonanci retracement analysis from a low of 0.86 on 26th April to a high of 1.68 on 17th August shows a possible downside retracement to between 1.30 and 1.36. Possible risk factor is the Genting UK sales to Genting Malaysia to be announced on Tuesday. If it is a "Go", upside movement may result. Invest at your own risk!

 
 
BullishTempo
    20-Aug-2010 10:27  
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Fibonanci retracement analysis from a low of 0.86 on 26th April to a high of 1.68 on 17th August shows a possible downside retracement to between 1.30 and 1.36. Possible risk factor is the Genting UK sales to Genting Malaysia to be announced on Tuesday. If it is a "Go", upside movement may result. Invest at your own risk!
 
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