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Genting SP Next Move

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iPunter
    20-Aug-2010 09:33  
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I am still puzzling about the "Oh Yeah..." thing...

    Can you post a YouTube link to show what it's like? Thanks. Smiley
 
 
hpong5
    20-Aug-2010 09:32  
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I shorted yesterday mah. So now oh yeah oh yeah oh yeah HEY lor !!!

NewInvestors      ( Date: 20-Aug-2010 09:29) Posted:

Why oh yeah? What you mean?

hpong5      ( Date: 20-Aug-2010 09:15) Posted:

Oh yeah Oh yeah Oh yeah HEY !!


 
 
NewInvestors
    20-Aug-2010 09:32  
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1.48 now!
 

 
NewInvestors
    20-Aug-2010 09:29  
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Why oh yeah? What you mean?

hpong5      ( Date: 20-Aug-2010 09:15) Posted:

Oh yeah Oh yeah Oh yeah HEY !!!

iPunter      ( Date: 20-Aug-2010 09:10) Posted:



GentingSp touched low of 1.49 on opening minutes...

    Thus there will be much nail-biting moments today... Smiley




 
 
hpong5
    20-Aug-2010 09:15  
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Oh yeah Oh yeah Oh yeah HEY !!!

iPunter      ( Date: 20-Aug-2010 09:10) Posted:



GentingSp touched low of 1.49 on opening minutes...

    Thus there will be much nail-biting moments today... Smiley



 
 
NewInvestors
    20-Aug-2010 09:13  
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They say wont fell below 1.50. I'm new in invest.
 

 
iPunter
    20-Aug-2010 09:10  
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GentingSp touched low of 1.49 on opening minutes...

    Thus there will be much nail-biting moments today... Smiley


 
 
NewInvestors
    20-Aug-2010 08:55  
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Oh i see... Wont fell 1.50? Ok i will buy when market open thx.

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.

AK_Francis      ( Date: 19-Aug-2010 01:39) Posted:

Ha ha , Spore economy would never be an issue, at ds moment, being 18% GDP grow, in 2nd Qtr. The threat is US n EU any unexpected financial issue, just like end 2007, when Gent went down to 0.32.

With current trend, dun think of below 1.50, if nothing happening in RWS, ie sabotage, natural disastrous etc. PM will announce bonuses for citizens end ds mth, owing to good growth in Spore. Gov servants would expect extra bonus end ds yr etc. YOG going to end with spectacular closing ceremony. F1 is coming, hope can boost the biz further, owing more tourists inpour. AK view only. No call for anything.



 
 
iPunter
    19-Aug-2010 19:20  
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Ooohh... baobei!...

Option      ( Date: 19-Aug-2010 18:35) Posted:

                                                  

iPunter      ( Date: 19-Aug-2010 18:27) Posted:

It's hard to be objective when one loves one's stock very much. Then one will go to all ends and find all means to defend the loved one.


 
 
hpong5
    19-Aug-2010 19:11  
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Wah Nomura must have shorted this counter like hell.... Smiley



Juz_Invest      ( Date: 19-Aug-2010 18:17) Posted:



 

 

Target G13 Price S$1.01 By Nomura

 



But expects 2Q may have been peak quarter with 3Q normalised earnings expected to fall. Notes “consensus expectations have gone to $6 billion, which we believe is not realistic given stringent junket rules”.

 







 

 
Option
    19-Aug-2010 18:35  
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iPunter      ( Date: 19-Aug-2010 18:27) Posted:

It's hard to be objective when one loves one's stock very much. Then one will go to all ends and find all means to defend the loved one.

 
 
iPunter
    19-Aug-2010 18:27  
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It's hard to be objective when one loves one's stock very much. Then one will go to all ends and find all means to defend the loved one.
 
 
Juz_Invest
    19-Aug-2010 18:21  
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Genting Singapore Plc, operator of one of two casino resorts in the city-state, may fall as a bearish candlestick pattern emerged after the stock surged to a record, according to OCBC Investment Research.

“Judging from the candlestick that emerged, the rally could have peaked,” Philip Teo, a technical analyst at OCBC Investment, said in an interview. “A strong correction could kick in over the next couple of days.”


Genting soared to a record close on Aug 13, a day after the company reported it returned to profitability in the second quarter on positive contributions from its casino resort in Singapore and as analysts upgraded their stocks ratings.

The stock climbed as much as 31% from the Aug 12 close through a record intra-day high of $1.68 on Aug 17 before it started falling, according to Bloomberg data. That decline helped create a long black candlestick with long upper shadow, indicating a potential reversal of the recent rally, Teo said.


“This will likely lead to a sharp correction,” Teo said. “The stock could retrace back to $1.30.” That was the previous record high set in December.


Genting Singapore rose 2% to $1.55 yesterday. That helped form a so-called harami reversal pattern, Teo said.


Candlestick charts show information on opening and closing prices and the trend within each trading period. If the closing price is above the open, the candlestick is clear, or white, indicating a bullish trend. If the stock closes lower than it opened, the candlestick is black, or bearish, according to StockCharts.com.



A harami pattern is formed if the range between a security’s opening and closing prices falls within the equivalent range from the preceding day. The name, which is derived from the Japanese word for pregnancy, comes about because the body of the second day’s candle would fit within that created the day before.

Technical analysts observe price charts to forecast resistance levels, or ceilings restricting further price increases, and support levels, or floors limiting declines. They use trading patterns and prices to predict changes in a security, commodity, currency or index.


 

 

 

 
 
Juz_Invest
    19-Aug-2010 18:17  
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Target G13 Price S$1.01 By Nomura

 



But expects 2Q may have been peak quarter with 3Q normalised earnings expected to fall. Notes “consensus expectations have gone to $6 billion, which we believe is not realistic given stringent junket rules”.

 






 
 
gabjen
    19-Aug-2010 15:06  
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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.

AK_Francis      ( Date: 19-Aug-2010 01:39) Posted:

Ha ha , Spore economy would never be an issue, at ds moment, being 18% GDP grow, in 2nd Qtr. The threat is US n EU any unexpected financial issue, just like end 2007, when Gent went down to 0.32.

With current trend, dun think of below 1.50, if nothing happening in RWS, ie sabotage, natural disastrous etc. PM will announce bonuses for citizens end ds mth, owing to good growth in Spore. Gov servants would expect extra bonus end ds yr etc. YOG going to end with spectacular closing ceremony. F1 is coming, hope can boost the biz further, owing more tourists inpour. AK view only. No call for anything.



ta4stocks      ( Date: 19-Aug-2010 01:18) Posted:

The gaps will eventually be filled.. Just a matter of time. Smiley


 

 
AK_Francis
    19-Aug-2010 01:39  
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Ha ha , Spore economy would never be an issue, at ds moment, being 18% GDP grow, in 2nd Qtr. The threat is US n EU any unexpected financial issue, just like end 2007, when Gent went down to 0.32.

With current trend, dun think of below 1.50, if nothing happening in RWS, ie sabotage, natural disastrous etc. PM will announce bonuses for citizens end ds mth, owing to good growth in Spore. Gov servants would expect extra bonus end ds yr etc. YOG going to end with spectacular closing ceremony. F1 is coming, hope can boost the biz further, owing more tourists inpour. AK view only. No call for anything.



ta4stocks      ( Date: 19-Aug-2010 01:18) Posted:

The gaps will eventually be filled.. Just a matter of time. Smiley

shadowmoon      ( Date: 18-Aug-2010 22:13) Posted:

There are some more gaps below $1.40.

Just hope economy no bad news. If not Genting may go down to fill the gaps. Even those below $1.30 loh



 
 
ta4stocks
    19-Aug-2010 01:18  
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The gaps will eventually be filled.. Just a matter of time. Smiley

shadowmoon      ( Date: 18-Aug-2010 22:13) Posted:

There are some more gaps below $1.40.

Just hope economy no bad news. If not Genting may go down to fill the gaps. Even those below $1.30 loh



UpSized      ( Date: 18-Aug-2010 22:08) Posted:

My view 1.40 Max


 
 
AK_Francis
    19-Aug-2010 00:29  
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Comrade, good comments , but wat basis for your view? Pse state, dun shout for nothing.

Option      ( Date: 18-Aug-2010 22:35) Posted:

Dream come true but it might over...

Hulumas      ( Date: 11-Aug-2010 08:54) Posted:

So STI > 3,800 will not be a problem, if Genting Singapore has reached >Sgd. 1.60 then


 
 
Option
    18-Aug-2010 22:35  
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Dream come true but it might over...

Hulumas      ( Date: 11-Aug-2010 08:54) Posted:

So STI > 3,800 will not be a problem, if Genting Singapore has reached >Sgd. 1.60 then!

Juz_Invest      ( Date: 10-Aug-2010 15:01) Posted:

Target price for Genting Singapore to S$1.60 from S$1.25 By DBS Vickers


 
 
Option
    18-Aug-2010 22:31  
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Agreed ! 

Price   

1.50 = RISKY

1.40 = FAIR

1.30 = GOOD BUY

 

 Just my opinion





shadowmoon      ( Date: 18-Aug-2010 22:13) Posted:

There are some more gaps below $1.40.

Just hope economy no bad news. If not Genting may go down to fill the gaps. Even those below $1.30 loh



UpSized      ( Date: 18-Aug-2010 22:08) Posted:

My view 1.40 Max


 
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