Genting Singapore, operator of the city-state’s first casino, posted a first-quarter loss of $396.3 million, widening from a loss of $31.9 million a year earelier. Revenue was $460.4 million.
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Genting Sing
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GenSp starts to move up again
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babyboymi
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13-May-2010 22:42
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thanks, and as i posted b4, i have 10 lots avg 0.925 left now, will only sell them when px hit 1.3. If the px drops below 0.80 and will buy more to accumulate. I have faith in genting sp, and im a long term investor. ahahhah
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sinetic8
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13-May-2010 22:26
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what i can assure the disappointed investors is.. Dont forget. universal studio opens on 18 march. so maybe their profit not fully accounted into the q1. so wait for q2 ba.. |
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sinetic8
Senior |
13-May-2010 22:15
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lol.. i think tmr sure got a lot of gan jiong spider sure offload genting shares. i feel for this kind of share like genting, shouldn't look for short term profit. anyway i will still keep on holding. 1 more mth to end of Q2. dont know why i just have faith in genting. buying the genting share is like buying share of sentosa that kinda feel. So hang on, all the disappointed genting investors! CHEERS!  |
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yummygd
Supreme |
13-May-2010 22:15
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naked short will penalty or not?? someone tell ifnot i will naked short this counter tom haha | |||||||||
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yummygd
Supreme |
13-May-2010 22:13
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but their sing operation make money or not?? their UK not is everyone knows....pretty shitty sincegenting singapore shouldjust focus on singapore resort world should not include UK. |
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lawcheemeng
Master |
13-May-2010 22:07
Yells: "fly me to the mooon" |
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alway expect the unexpected......tomorow......alot will short it down...then BB also short then who knows push up again...hehehe...best not to touch lor...... | |||||||||
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master_changkw
Member |
13-May-2010 21:56
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this lost will make temporary panic to shareholders...but think it properly....this report do not mean everything... and good net profit not really can make the share price up as well....vice versa like Noble grp Q1 net profit 161.17 million, capitaland Q1 net profit 115.4 million, CMA Q1 net profit 96.78million .....end up what happened? they all drop more than 10% ...thus.....be confident .... |
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kinhoben
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13-May-2010 21:55
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There's book entry "Impairment loss on intangibility asset = $478 mil for Q1 2010. Wile nil for Q1 2009. If without it, the net result will be good. Implying business is still profitable ?? |
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AK_Francis
Supreme |
13-May-2010 21:45
Yells: "Happy go lucky, cheers." |
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Wah pian, Ah Thay talked big during d last AGM, now turns out d other way, big wok loh. | |||||||||
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OO123123
Member |
13-May-2010 21:37
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u think tmrw will be a panic selling??? | |||||||||
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AnthonyTan
Elite |
13-May-2010 21:21
Yells: "patience" |
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Good luck to you if you are holding genting sp shares. I also like to wish you all the best if you bought some more genting sp shares today. .Hopefully, genting sp can break even abt 5 years time.
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machineoperator
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13-May-2010 21:13
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Look at is this way, it might not be all bad news tomorrow. Short this counter tomorrow to hedge against your losses if you have bought in earlier at a higher price. If you have got no position now then all the better to short it tomorrow and riding on the bearish sentiment. But word of advise.... stock market is never so straight forward....... | |||||||||
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matrixneo
Member |
13-May-2010 21:04
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wah...morning thot ok ok...go out and see stocks fm my hp final price at 0.975!!! hmmm....BB might buy in tomorrow...based on 460mil quarterly..if not wrong ...relatively, half year 1 bil...1 yr 2 bil...so how many years to break even? 3? 5? | |||||||||
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rickyw
Master |
13-May-2010 21:02
Yells: "keep happy..." |
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Buy Kencana lar... net profit US$ 2,034million increase 304% http://kencana.listedcompany.com/newsroom/20100513_073004_F9M_D96547DF9FFFD31C482577210036D6D9.1.pdf |
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AnthonyTan
Elite |
13-May-2010 21:00
Yells: "patience" |
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Those who have high hope for a better 1Q result are duly disappointed, especilly those who bought high over $1.00
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master_changkw
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13-May-2010 20:55
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so scary! what will happen on tomorrow??? | |||||||||
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dealer0168
Elite |
13-May-2010 20:54
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I believe alot of the ppl also feel cheated by the BB. B4 that we can see lots of ppl chatting here excitely on it....on possible good revenue....etc Now......u see all gone liao. They must be very disappointed. Come on view in long term...............u may feel good. Cheers. |
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rickyw
Master |
13-May-2010 20:46
Yells: "keep happy..." |
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wah...BB very evil lei.. i though the result just only not satisfy enough, but what hell...net loss?? please ar... |
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dealer0168
Elite |
13-May-2010 20:42
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Lucky my concentration on Genting is very minimum. The recent UP in actual nearly make me add on. Lucky i resist......heng. Anyway Genting is a stock that may grew strong in revenue in the future to come (thus i rate it as a long term stock instead). But that i believe maybe next year.......... This year is more for them to recover the losses.......... Let see how market react with this news.............................. Cheers.
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dealer0168
Elite |
13-May-2010 20:37
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