OCBC Investment Research ups Genting Singapore’s (G13.SG) target price to $2.38 from $1.85 after raising forecast for size of Singapore’s gaming market for 2011 to $7 billion vs $6 billion. Keeps Buy call, says Dow Jones.
Expects “pretty upbeat” results for 3Q10 on firm Singapore tourist-arrivals, which likely to head even higher in 4Q10 due to year-end seasonal effect.
Says recent 15% pullback in share price from $2.18 peak set in mid-September is healthy as run-up after 2Q10 results “was probably a bit too fast, too furious.”
Shares +1.1% at $1.88.


niuyear ( Date: 01-Oct-2010 09:29) Posted:
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SAme wave line...I entered 1.86.
BullishTempo ( Date: 01-Oct-2010 09:08) Posted:
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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 |
Got people short with hand shaking, got ppl short with confidence.
Which group do you belong to?
hahaha!
cannotfind ( Date: 01-Oct-2010 09:10) Posted:
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BullishTempo ( Date: 01-Oct-2010 09:08) Posted:
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my advice is wait and see, things in the environment can affect the situation.
uptrend there is three peaks, two peaks has passed....... now downtrend..... could persist for a while before another peak, but bare in mind no expert will know when it will peak. could be today could be three months or longer.
eg. if election comes next month, surely all stocks will rally !
crystal1818 ( Date: 30-Sep-2010 23:04) Posted:
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cannotfind ( Date: 30-Sep-2010 17:20) Posted:
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Relax folks and enjoy this song:
<object width="480" height="385"><param name="movie" value="http://www.youtube.com/v/Kqjn8jFJ3pI?fs=1&hl=en_US"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/Kqjn8jFJ3pI?fs=1&hl=en_US" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="480" height="385"></embed></object>
forum investor or trader, becareful yea dont carry people's baby.
hope no ppl bot at last week price.
Cheers!
Ya...Agree, Casino is place where one can dine and wine,

The worst I can thot of - gambling away without unlimited amount in just one night and
the next day realized (oneself) he/she is dead.

Since then after this super Friday. Incident


A huge super catch up phase on it Super volume last Fri 13th Aug 2010.
Super volume - 676,743,000 millions share changed hands.
teeth53 thot - Humm...This good day (Friday the 13th). Will it last and for how long it if last ?.
A very fundamental basic that i want to own a share of this company is simply:
Casino will never run out of people. Its a people's place, a place full of people. Unllike on-line betting.
Casino in manay countries, do contribute to its country's economy and toruists' visists. It is recession proof.
Why people go there:
1) good place to wine, dine and play
2) ppl attracting to the games and the challenges, or perhaps, showing off skill at table games
3) company's entertainement for its clients
4) thousand and one reasons for ppl to be there
it has been debated over and over that casino could bring forth lots of social problems, but, one has to know its own limits and be responsible for his own action.
A smart person will not want to gamble all his money and life away
A happy person will know how to enjoy his life to the fullest.
cannotfind ( Date: 30-Sep-2010 19:19) Posted:
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good luck to nannys.
Eureka. Genting SP has gone into over drive, hyper-active driving market sentiment.
http://forum.channelnewsasia.com/viewtopic.php?p=3937882#3937882
just buy when it drop...

what then when it dun hit 3/- by year end ?. Very sad - right.

Usually BBs play up and let go, then many, many small boys stand to hold....

16-Sep-2010. On this day. 49 analyst upgrades and 27 downgrades.
A remarkable 76 changes in total during this past years.
At $10/- S$122 billions worth after GIC,. Temasek and bigger then three other big banks combine (DBS, UOB and OCBC) By hitting $3/- target, it will be value at $36.5 billions, making it more valuable then the 3 big banks combine
Not every Sunday is shining Sunday, see so many happily punting. seem everyday is always a Sunday.

