| Latest Forum Topics / Genting Sing Last:0.765 -- |
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Genting touching $1
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AnthonyTan
Elite |
27-Aug-2009 10:18
Yells: "patience" |
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Wat goes up, must come down.Got to take a breather Cannot swim laps and laps and laps without a break Just my thought. Cheers, good luck |
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cathylmg
Elite |
27-Aug-2009 10:08
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Today the whole market is down. Even for Mermaid and Midas. | ||||||
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AnthonyTan
Elite |
27-Aug-2009 10:06
Yells: "patience" |
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Game over | ||||||
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richtan
Supreme |
27-Aug-2009 09:37
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richtan
Supreme |
27-Aug-2009 09:35
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maxcty
Master |
27-Aug-2009 09:08
Yells: "always a learning day for me in trading" |
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no more power today already...cant see this baby to touch 1.05 this week i guess...my view....... | ||||||
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AK_Francis
Supreme |
26-Aug-2009 23:46
Yells: "Happy go lucky, cheers." |
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S$87.98 profit, if added in its cash flow, wat Lim n gangs got? Ah yah, not reflected, let people wild guess again. The Q is, is his money not enough? 3.2% stake in MGM satisfied, want somemore? Dun know loh. Above r wild guesses, no calling. Cheers. |
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chewwl88
Member |
26-Aug-2009 23:27
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Aug 26, 2009
Genting Q2 net dips
KUALA LUMPUR - MALAYSIAN conglomerate Genting reported on Wednesday lower quarterly earnings as the economic crisis hit its casinos and palm plantation businesses. Genting, Asia's largest casino operator, said the performance of its Malaysian casino resort, a key earnings driver, may improve given improved prospects for the economy. 'With the forecast turnaround in the global economic outlook, the Genting Malaysia Group is cautiously optimistic (concerning) its prospects,' it said in a statement. But its casinos in the United Kingdom will remain weak due to the still gloomy economic outlook there, it said. Second-quarter net profit fell 26 per cent from a year ago to RM214.49 million (S$87.9 million), said Genting. The company blamed a weaker luck factor at its Malaysian casino for the drop in profits. 'The Genting Highlands Resort experienced weaker luck ... in the premium players business' though volumes rose, said Genting, Malaysia's only casino operator. In the UK, higher revenue was offset by a weakening of the pound against the ringgit. Analysts in Malaysia do not provide quarterly earnings forecasts, but 20 analysts polled by earnings tracker IBES ahead of the results projected Genting's full-year net profit at RM1.02 billion. In June Genting bought a 3.2 per cent stake in MGM Mirage , the biggest casino operator on the Las Vegas Strip, sparking market talk Genting could buy out MGM's stake in its Macau's business. Its unit Genting Singapore is building Singapore's second integrated casino resort and is also the largest casino operator in the United Kingdom. Genting also has interests in oil palm plantations, power generation and property development. Its associate Star Cruises is Asia's largest cruise operator. Genting shares have gained 78 per cent so far this year, outpacing the wider market's 34 per cent gain. They traded up 1.1 per cent ahead of the results announcement. -- REUTERS |
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stevenk
Member |
26-Aug-2009 09:36
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Hi, Overbought.....High resistance at $1.06 High potential to correct if not able to break it.
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AnthonyTan
Elite |
26-Aug-2009 09:28
Yells: "patience" |
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Is Genting SP a making or loss co.Wat r the losses so far. Wat is the RNAV. Is is too expensive to buy at $1.02 Appreciate very much the answers for above before making investment decision.. |
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ruanlai
Master |
26-Aug-2009 08:20
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Today should have a gap up of above $1...... Cheers! | ||||||
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ruanlai
Master |
25-Aug-2009 16:56
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Genting touching $1, $2 will be next target......once get the casino license.... | ||||||
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