Genting Sing Last:0.735 -

GenSp starts to move up again

Pro factors :

Some bad news about MBS in straits times today which is good news for GentingSP. ZaoBao publish price target by OCBC for 2.38 on Saturday. China PMI up, which is pro factor for asian markets. General SP sentiment still positive.

Con factors :

Possible terrorist threat in Europe. Futures down at the moment. STI at 2 year high and curently RSI at about 70%, close to overbought region.

Good luck guys.

hi expert,

most people will still sit and watch what your take today, correct ? suddenly cheong so much need to drop a bit today ?

wishbone ( Date: 02-Oct-2010 12:18) Posted:

Well said. Smiley

Managing risk is in fact more important than making money in stock trading. Once the risk is controlled and managed, the "making money" will fall in place. As many had said before in this forum, once you can preserve your capital, you will have higher chance of making more money in the long term.

In anyway, thank you for sharing although I have not gained anything from all your recent posts yet but I look forward to seeing more of your postings.

Smiley

BullishTempo ( Date: 01-Oct-2010 23:50) Posted:

hey AK welcome back, I not sifu but I learn from my past mistakes and learn how to trade properly. I try to share a lot of my trading experience in this forum, sometimes in real time, I also post all the news here, so we can all learn from each other and help each other make more money yeah? But I refrain from saying today should buy or sell because no one can predict the future for sure, we can only cut down our risks as much as possible. Have a good holiday

Oct 4: Ascott Residence Trust, Rickmers Maritime, Singapore Exchange

Tags: Capitaland | Rickmers Maritime | Rickmers Maritime Trust | SGX | Singapore Exchange

WRITTEN BY THOMSON REUTERS

MONDAY, 04 OCTOBER 2010 08:39

Futures

North/Latin America

INDEX	VALUE	CHANGE	OPEN	HIGH	LOW	TIME
DJIA INDEX	10,749.00	-19.00	10,770.00	10,770.00	10,742.00	20:31
S&P 500	1,139.70	-2.80	1,143.40	1,143.80	1,139.00	20:31
NASDAQ 100	1,989.50	-5.00	1,994.75	1,994.75	1,988.75	20:31
S&P/TSX 60	712.50	-0.30	714.70	718.10	712.20	10/01
MEX BOLSA	33,904.00	501.00	33,640.00	33,940.00	33,590.00	10/01
BOVESPA	70,564.00	879.00	69,990.00	70,690.00	69,430.00	10/01

Europe/Africa

INDEX	VALUE	CHANGE	OPEN	HIGH	LOW	TIME
DJ EURO STOXX 50	2,718.00	-20.00	2,742.00	2,765.00	2,706.00	10/01
FTSE 100	5,580.00	22.00	5,580.00	5,580.00	5,580.00	20:08
CAC 40 10 EURO	3,693.00	-17.00	3,731.00	3,755.50	3,672.00	10/01
DAX	6,212.00	-29.00	6,250.00	6,304.00	6,195.00	10/01
IBEX 35	10,406.50	-32.00	10,500.00	10,597.00	10,351.00	10/01
FTSE MIB	20,333.00	-68.00	20,430.00	20,590.00	20,255.00	10/01
AMSTERDAM	333.90	-0.35	334.75	336.90	332.30	10/01
OMXS30	1,082.50	-4.25	1,088.50	1,093.00	1,078.00	10/01
SWISS MARKET	6,285.00	-11.00	6,307.00	6,325.00	6,264.00	10/01

baobei baobei plse be good today okay? otherwise Smiley

I'm sorry... I just got back from Bali... just saw the news that everyone is sadden by this news... I shouldn't write this... I want to delete this but can't find it. Anyone can tell me where to delete?

cannotfind ( Date: 04-Oct-2010 00:40) Posted:

see my premonition previously about Mr. Lee...... it really came true but with the (s)..... I am really a fortune teller?? haha..

Ha ha, dear comrade, good thinking. With its tremendous strong earning per day, surplus 10 mil , presume. Hope by first week of Nov, 3QTR report book gives surprises. Cheers.

star-trader ( Date: 03-Oct-2010 20:18) Posted:

Good point.

"Managing Risk" is really an important element in stock trading market. How you can reap profit while maintaining the position is an art rather than science. Risk can come into many forms. Risk of losing the uptrend when you have sold your holding earlier.. Risk of dropping more when you buy at higher price..etc etc... It is emotional rather than technicality.

Star-Trader

wishbone ( Date: 02-Oct-2010 12:18) Posted:

Well said. Smiley

Managing risk is in fact more important than making money in stock trading. Once the risk is controlled and managed, the "making money" will fall in place. As many had said before in this forum, once you can preserve your capital, you will have higher chance of making more money in the long term.

In anyway, thank you for sharing although I have not gained anything from all your recent posts yet but I look forward to seeing more of your postings.

Smiley

Good point.

"Managing Risk" is really an important element in stock trading market. How you can reap profit while maintaining the position is an art rather than science. Risk can come into many forms. Risk of losing the uptrend when you have sold your holding earlier.. Risk of dropping more when you buy at higher price..etc etc... It is emotional rather than technicality.

Star-Trader

wishbone ( Date: 02-Oct-2010 12:18) Posted:

Well said. Smiley

Managing risk is in fact more important than making money in stock trading. Once the risk is controlled and managed, the "making money" will fall in place. As many had said before in this forum, once you can preserve your capital, you will have higher chance of making more money in the long term.

In anyway, thank you for sharing although I have not gained anything from all your recent posts yet but I look forward to seeing more of your postings.

Smiley

BullishTempo ( Date: 01-Oct-2010 23:50) Posted:

hey AK welcome back, I not sifu but I learn from my past mistakes and learn how to trade properly. I try to share a lot of my trading experience in this forum, sometimes in real time, I also post all the news here, so we can all learn from each other and help each other make more money yeah? But I refrain from saying today should buy or sell because no one can predict the future for sure, we can only cut down our risks as much as possible. Have a good holiday

Ha ha, sorry, AK apology. Yesterday busy at Ipoh, Perak,to look for old frd who had worked in Spore for yrs. Visited Old mum as well. Spent whole nite at frd restaurant for sea foods n drinks till mid nite at a small town, Chermor, not far fr my kampong. When reached kampong, no strength to login liao.

Today, ha ha, since noon, hving Carlsberg n chit chat session with old kampong frds, its real wonderful moment in such a small old kopitiam, which only selling hallal curry noodles, for all races. Just catches up with sifus, as didn't follow with brother in law families for seafood dinner next town. But will go for small bite later, as now my stomach is full of Carlsberg.

Anyway, AK heartfelt tks for sifus' care n concern, fr far away. Hope more good yrs for Genting SP tomorrow loh. Cheers n best regards.

BullishTempo ( Date: 02-Oct-2010 21:03) Posted:

Hey there wishbone, thanks for your applause lol. That is right, for retail investors we should think defensive trading and risk management. Last friday was exciting because we been waiting so long for this reversal and I think a lot of people out there including the BBs as well, you should see the number of 8 million, 6 million, 5 million, and 3 million buy ups and sell downs all in one single day. More action than hollywood movie lol...

wishbone ( Date: 02-Oct-2010 12:18) Posted:

Well said. Smiley

Managing risk is in fact more important than making money in stock trading. Once the risk is controlled and managed, the "making money" will fall in place. As many had said before in this forum, once you can preserve your capital, you will have higher chance of making more money in the long term.

In anyway, thank you for sharing although I have not gained anything from all your recent posts yet but I look forward to seeing more of your postings.

Smiley

1. Singapore Week Ahead

Singapore stock market continued to rally this week. Straits Times Index (STI) had its sixth consecutive weekly rise.

This week was similar to last week as STI only continued to move up at a moderate pace while pennies continued to dominate the top volume list. This was despite that STI broke this year high again, but there was no accelerated rally. Nevertheless STI ended Q3 at 3098 compared to 2836 for Q2 end, hence was up 9.2% for the quarter, which is a decent quarterly gain.

Going into the month of October, Singapore market will be tested for the liquidity needs of three government related giant IPOs. They are Mapletree Industrial Trust (S$1.1b) and Global Logistcs Properties (US$2.4b) which had already released their prospectus and Sabana Reit (S$500mil) that is expected to release prospectus shortly this month. A total of close to $5b may be raise for the month of October. Funds subscribing for these giant IPOs may need to sell other shares to raise cash, hence there may be some selling pressure for the next two weeks.

Furthermore as usual, caution may rule the mind of investors as market cross over to the month of October. Hence it may be prudent to raise some cash for the month of October. It is usually easier to take profit when market is making new high. When market is retreating, a queue order to sell is harder to be done.

In short, it may be prudent to raise cash as we enter into the traditionally jinx month of October.

Regards,

The poker face of Singapore's gaming market - September 16, 2010

16 Sep 2010 ... The poker face of Singapore's gaming market. By JAMIE LEE (The Business Times).

SEVENTY-SIX TIMES. That's the number of changes that analysts have made to their ...
business-times.asiaone.com/mnt/html/btpre/.../redirect.jsp?.../0... -

Based on the frequency of upgrades, the ImplIed prIce target for GENTING SP cOUld hIt S$10 sOOn, saId nOmUra.

At that level the market cap of GENTING SP will be larger than the three sIngapOre banks and the cOmbIned market cap Of ALL the gamIng stOcks In MACAU.

nOmUra derIved its Own target prIce by basIng It On a sImple average enterprIce mUltIple Of 12 tImes that Is cUrrently fetched by MACAU OperatOrs.

EnterprIce mUltIple [EM] Is the

EnterprIce Value of a cOmpany - whIch Is

market value plus debt, mInOrIty Interest and preferred shares,

mInUs tOtal cash and cash eqUIvalent - dIvIded by

Its EBITDA (Earnings Before Interest Tax Depreciation and Amortisation)

EM Is Often Used Instead Of Price-tO-Earnings RatIO tO factOr In Debt.

nOmUra assUmes that the casInO market sIze wOUld hIt abOUt S$4 bIllIOn gOIng Into 2011.

Hey there wishbone, thanks for your applause lol. That is right, for retail investors we should think defensive trading and risk management. Last friday was exciting because we been waiting so long for this reversal and I think a lot of people out there including the BBs as well, you should see the number of 8 million, 6 million, 5 million, and 3 million buy ups and sell downs all in one single day. More action than hollywood movie lol...

wishbone ( Date: 02-Oct-2010 12:18) Posted:

Well said. Smiley

Managing risk is in fact more important than making money in stock trading. Once the risk is controlled and managed, the "making money" will fall in place. As many had said before in this forum, once you can preserve your capital, you will have higher chance of making more money in the long term.

In anyway, thank you for sharing although I have not gained anything from all your recent posts yet but I look forward to seeing more of your postings.

Smiley

BullishTempo ( Date: 01-Oct-2010 23:50) Posted:

hey AK welcome back, I not sifu but I learn from my past mistakes and learn how to trade properly. I try to share a lot of my trading experience in this forum, sometimes in real time, I also post all the news here, so we can all learn from each other and help each other make more money yeah? But I refrain from saying today should buy or sell because no one can predict the future for sure, we can only cut down our risks as much as possible. Have a good holiday

st today reported "over 210 million chinese to travel during golden week holidays marking china's national day starting yesterday. travelling abroad this year is so hot that travel agencies reported all tour packages between sep and nov were snapped up by end aug. 30% more people this year going abroad this year in this golden week. # of flights to Japan, US and S'pore surged by up to 30%."

wonder how many thousands of these chinese travellers will visit baobei to bai lien with their fat and thick ang pows Smiley

Akan Datang...Coming soon to this screen...soon, errr..look like is here liao since Sept 16.

teeth53 sharing some info (From - CNA). Date: 16-Sep-2010 21:38)
I thot so, they will have to pay off their debt, and this is also about their best time coming on top of $2/-. Err..may after hitting $2.38, giving away a more then 10% discount to investors.

Just sharing my thot - And now.....humm OCBC TP going at S2.38c. Err..may after hitting $2.38, giving away a more then 10% discount to investors.

Genting Singapore target lifted to $2.38 by OCBC

Tags: Genting Singapore | Genting Singapore Plc

WRITTEN BY THE EDGE

FRIDAY, 01 OCTOBER 2010 09:12

but not be4 without casualty. Watch... Err...casualties ?, for this coming week .

It took to boost it share price on it 5th day (Fri) to end at $2/- on Oct 1st, 2010 (4th Q-2010)

Genting SP

--

1.880

2.000

+0.140c

+7.5%

Volume-228,844,000

teeth53 ( Date: 28-Sep-2010 11:38) Posted:

Those on long term - No Problem (taking profit is nomal) and leaving some or certain amount of shares is equally as common. Got profit, take and always leave some (dun hold)

Just a pssing thot. Will be back to above $2/- soon, but not before without casualty. Watch...

iPunter ( Date: 28-Sep-2010 11:03) Posted:

Nowadays, hearing the sound of distant thunder may make the heart pump very fast..

hehe.. Smiley

i bought some at 1.86 on thurs too, but took half of the profit when it reached 1.92 on fri morning, not decided if to contra the remaining half or pay for it yet. this has been my favourite stock all these years and will continue to hold some (since this stock has been in my portfolio for more than 15 years), have faith.

Well said. Smiley

Managing risk is in fact more important than making money in stock trading. Once the risk is controlled and managed, the "making money" will fall in place. As many had said before in this forum, once you can preserve your capital, you will have higher chance of making more money in the long term.

In anyway, thank you for sharing although I have not gained anything from all your recent posts yet but I look forward to seeing more of your postings.

Smiley

BullishTempo ( Date: 01-Oct-2010 23:50) Posted:

hey AK welcome back, I not sifu but I learn from my past mistakes and learn how to trade properly. I try to share a lot of my trading experience in this forum, sometimes in real time, I also post all the news here, so we can all learn from each other and help each other make more money yeah? But I refrain from saying today should buy or sell because no one can predict the future for sure, we can only cut down our risks as much as possible. Have a good holiday!

AK_Francis ( Date: 01-Oct-2010 18:21) Posted:

Ha ha, AK just back fr Thailand's holiday last nite. Sifu, u r smart n brillant trader/invester. Must be making hell tons of money liao. Perhaps, next time round chip in your call, ie buy or sell, wat px, real time, spec for the newbies, like AK. Anyway, still holding ds burger, even didn't know it dropped below 1.86, he he, enjoying drinking with old frds ,at Betong Thailand mah, though can login in SGX fr my frd Karaoke Lounge, for last 4 days. Cheers

Thanks!

gabjen ( Date: 01-Oct-2010 20:07) Posted:

Congrates.

BullishTempo ( Date: 01-Oct-2010 17:06) Posted:

A total of 5 million buy up at $2.00. One of my most profitable days today. Have a nice weekend all !!!

hey AK welcome back, I not sifu but I learn from my past mistakes and learn how to trade properly. I try to share a lot of my trading experience in this forum, sometimes in real time, I also post all the news here, so we can all learn from each other and help each other make more money yeah? But I refrain from saying today should buy or sell because no one can predict the future for sure, we can only cut down our risks as much as possible. Have a good holiday!

AK_Francis ( Date: 01-Oct-2010 18:21) Posted:

Ha ha, AK just back fr Thailand's holiday last nite. Sifu, u r smart n brillant trader/invester. Must be making hell tons of money liao. Perhaps, next time round chip in your call, ie buy or sell, wat px, real time, spec for the newbies, like AK. Anyway, still holding ds burger, even didn't know it dropped below 1.86, he he, enjoying drinking with old frds ,at Betong Thailand mah, though can login in SGX fr my frd Karaoke Lounge, for last 4 days. Cheers.

BullishTempo ( Date: 01-Oct-2010 17:11) Posted:

Just follow common sense trading logic, follow the news closely, and study your charts every night. Cannot go wrong

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GenSp starts to move up again

1. Singapore Week Ahead