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Latest Forum Topics / Genting Sing    Last:0.84    -0.015  Post Reply
GenSp starts to move up again
freshmind
Senior
28-Jun-2010 12:37     
 
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 Alert Admin 		How long did you guys' money stuck there since the day you bought it at high price?  May be you can earn few round profits by using the money in other investment...

niuyear      ( Date: 28-Jun-2010 11:22) Posted:

I wont give up my targer price 1.20 deeply and madly,  and my own view only -  if it goes up to 1.18 it may shoot up to 1.25 above..  Simply logically easily........

pharoah88      ( Date: 28-Jun-2010 11:19) Posted:



T A R G E T

150,000  ViSitOrs  DAiLY
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AnthonyTan
Elite
28-Jun-2010 11:37     
 
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Yells: "patience"
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 Alert Admin 		No money to pay dividend in the near future.

alexchia01      ( Date: 22-Jun-2010 10:46) Posted:

I agree.

Genting has never paid a single cent of dividend in the past.

I doubt they would pay dividend now.



AnthonyTan      ( Date: 22-Jun-2010 10:42) Posted:

In my opinion, I don't think Genting sp has the money

to pay out dividend. More likely another right issue

is on the way.The share px. below $1.00 has been push

up nearly 20% oreli. No call whatsoever.
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AnthonyTan
Elite
28-Jun-2010 11:34     
 
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 Alert Admin 		Good advise.

alexchia01      ( Date: 24-Jun-2010 11:48) Posted:

No no no.

Now is too late to Buy.

Buying at 1.17 is even worst.

The price may continue to rise in the short-term, but I'll not be Buying now.

I'll be looking for a trend reversal and sell.



alooloo      ( Date: 24-Jun-2010 11:38) Posted:

blind faith?

 

 If break 1.17 again, can buy in again...  iguess
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Hulumas
Supreme
28-Jun-2010 11:29     
 
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Yells: "INVEST but not TRADE please!"
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 Alert Admin 		As a whole, it is still not feasible against the total capital investment and total daily operating cost. Break even number of visitors has not been reached yet. I pressume!

pharoah88      ( Date: 28-Jun-2010 11:19) Posted:



T A R G E T

150,000  ViSitOrs  DAiLY
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niuyear
Supreme
28-Jun-2010 11:22     
 
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 Alert Admin 		I wont give up my targer price 1.20 deeply and madly,  and my own view only -  if it goes up to 1.18 it may shoot up to 1.25 above..  Simply logically easily........

pharoah88      ( Date: 28-Jun-2010 11:19) Posted:



T A R G E T

150,000  ViSitOrs  DAiLY
 Useful To Me  Not Useful To Me


pharoah88
Supreme
28-Jun-2010 11:19     
 
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T A R G E T

150,000  ViSitOrs  DAiLY
 Useful To Me  Not Useful To Me
AnthonyTan
Elite
28-Jun-2010 11:01     
 
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One or two BBs r fishing.Once u eat the bait,

no escape, u will be caught.



freshmind      ( Date: 25-Jun-2010 11:24) Posted:

A lot of traders already cash out, locked their profits and wait at sideline.  Not much small traders in the market.  May be that's why the BBs keep the price high to lure some new birds for buying their shares in reducing the risks of potential downtrend and correction.

niuyear      ( Date: 25-Jun-2010 11:08) Posted:

Possible!  Not many people dare to buy at this present moment.    Let BBs play among themselves and push up price and then, we sell back to them.  hahaha!

But i know of some new singaporeans (PRs and now singaporeans) quite aggressive in trading stock market and casino. Those hiong hiong  buy and sell type.
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freshmind
Senior
28-Jun-2010 10:05     
 
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 Alert Admin 		After browsing, found a lot of counters with high price but very little transaction.  Trading any shares in such a case seems meaningless - buyers pay extra $$$ for no meaning and BBs (sellers) reluctant to sell low as well.  Obviously most at sideline and a correction is needed for refreshing the market.
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AnthonyTan
Elite
28-Jun-2010 09:50     
 
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When the share vol. is low, is it easy for one or two BBs

to control the share px.??????Any comments??????
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AnthonyTan
Elite
25-Jun-2010 16:57     
 
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Buy $1.13, Sell $1.14

Sometime after 5pm share px. transacted at $1.15

In other word, someone push up the share px. by 1 bid.

Does man in the st. have a chance to sell at $1.15??????



AnthonyTan      ( Date: 25-Jun-2010 16:52) Posted:

Buy $1.13, Sell $1.14
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AnthonyTan
Elite
25-Jun-2010 16:52     
 
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 Alert Admin 		Buy $1.13, Sell $1.14
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niuyear
Supreme
25-Jun-2010 15:57     
 
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Staying comparable to MBS .  Likely push  to 1.20 matter of time. Hope they still interested in playing the game. 



freshmind      ( Date: 25-Jun-2010 11:24) Posted:

A lot of traders already cash out, locked their profits and wait at sideline.  Not much small traders in the market.  May be that's why the BBs keep the price high to lure some new birds for buying their shares in reducing the risks of potential downtrend and correction.

niuyear      ( Date: 25-Jun-2010 11:08) Posted:

Possible!  Not many people dare to buy at this present moment.    Let BBs play among themselves and push up price and then, we sell back to them.  hahaha!

But i know of some new singaporeans (PRs and now singaporeans) quite aggressive in trading stock market and casino. Those hiong hiong  buy and sell type.
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pharoah88
Supreme
25-Jun-2010 11:36     
 
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Mr Leven also clarified his comments made last month when he said the IR was “about 25-percent open” — which led some to wonder if MBS flouted the rule that 50 per cent of gross floor area must be completed before a casino licence is awarded. The 25-per-cent statistic was “true from the revenue generation standpoint”, he said.

MBS’ gross floor area was 50.4-per-cent complete when it obtained its casino licence. That figure is now about 65 per cent, with 48 more stores and the ballroom opened.

PLAY  of  STATISTICS  and  WORDS  ? ? ? ?

What is "gross" ?  (what about "nett' ?)

What is "complete" ?

"complete" may nOt equal tO  ready or Open ????

"Floor Area complete"  is nOt equal to "Facilities Open"

 



wangvc      ( Date: 24-Jun-2010 16:40) Posted:



 RW is more popular than Marina Sands. Asian gamblers appear to prefer RW than MS. If Sands can achieve this visitors number, imagine RW !

Sands' $5.5 bln bet on Singapore looks to be paying off

Wed Jun 23, 2010 5:50am EDT


SINGAPORE, June 23 (Reuters) - Las Vegas Sands' bet on gambling-wary Singapore may be paying off. The world's most valuable casino firm said its $5.5 billion casino resort in the city state is on track to draw up to 150,000 visitors a day once things are in full swing, the highest number for any of its properties worldwide.

The casino itself, the second in Singapore after Genting's (GENS.SI)(GENT.KL) Resorts World on the resort island of Sentosa, is seeing 25,000 visitors a day, above Las Vegas Sands' (LVS.N) expectations, officials said on Wednesday.

The world's second-most expensive gambling complex after MGM Resorts' (MGM.N) CityCenter in Las Vegas, was formally opened on Wednesday after a soft launch in April and economists said the numbers it had forecast could help bolster the economy.

"If these numbers are really achieved, you could see a more sizeable impact on Singapore's GDP," said Kit Wei Zheng, an economist at Citigroup.

"If you do 150,000 a day it would probably offset some of the growth drag you may see from G3 economies."

The numbers could help ease the persistent ambivalence in closely regulated Singapore about legalising the gambling business, and worries about the social ills that could come in its wake.

The government levies a hefty S$100 fee on each Singaporean every time they step into a casino but that hasn't deterred those who want to have a flutter. About S$70 million has been collected from locals visiting the city's two casinos as of May 10.

Sands said Singaporeans accounted for about one-third of the 25,000 people who visit its casino every day.

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freshmind
Senior
25-Jun-2010 11:24     
 
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 Alert Admin 		A lot of traders already cash out, locked their profits and wait at sideline.  Not much small traders in the market.  May be that's why the BBs keep the price high to lure some new birds for buying their shares in reducing the risks of potential downtrend and correction.

niuyear      ( Date: 25-Jun-2010 11:08) Posted:

Possible!  Not many people dare to buy at this present moment.    Let BBs play among themselves and push up price and then, we sell back to them.  hahaha!

But i know of some new singaporeans (PRs and now singaporeans) quite aggressive in trading stock market and casino. Those hiong hiong  buy and sell type.



freshmind      ( Date: 25-Jun-2010 10:04) Posted:

The more we don't buy, the higher the BBs push up the price, till we are become greedy and forget about the risks.  Who knows selling and buying from the same group of ppl and at the end, the retail buyers suffer to be the victims buy at high price.
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niuyear
Supreme
25-Jun-2010 11:15     
 
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not to forget, our friend jim roger is here in s'pore and his kids 在这里读书的 hor ........

why he chooses s'pore leh? He is smart to choose here for his kids are in environemnt of bilingualism  and can learn malay and tamil language as well.   One day, when he goes back to his home town, he will be like our LKY and LSL who speak at least 3 languages.
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niuyear
Supreme
25-Jun-2010 11:08     
 
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Possible!  Not many people dare to buy at this present moment.    Let BBs play among themselves and push up price and then, we sell back to them.  hahaha!

But i know of some new singaporeans (PRs and now singaporeans) quite aggressive in trading stock market and casino. Those hiong hiong  buy and sell type.



freshmind      ( Date: 25-Jun-2010 10:04) Posted:

The more we don't buy, the higher the BBs push up the price, till we are become greedy and forget about the risks.  Who knows selling and buying from the same group of ppl and at the end, the retail buyers suffer to be the victims buy at high price.
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AnthonyTan
Elite
25-Jun-2010 11:06     
 
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I would wait for a clearer picture before commitment.

As you can see, the last two week has low vol.and yet

some BBs r holding the share price very well. Sometime,

no position is better than a losing position.



swisssaints      ( Date: 25-Jun-2010 10:03) Posted:

so now down or up?
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freshmind
Senior
25-Jun-2010 10:04     
 
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 Alert Admin 		The more we don't buy, the higher the BBs push up the price, till we are become greedy and forget about the risks.  Who knows selling and buying from the same group of ppl and at the end, the retail buyers suffer to be the victims buy at high price.
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swisssaints
Member
25-Jun-2010 10:03     
 
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 Alert Admin 		so now down or up?
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AnthonyTan
Elite
25-Jun-2010 09:51     
 
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I still can remember prior to the last right issue,

I bought the share at $0.70 and sold  for $0.90

the next day. Expect the unexpected.

 

 

 

 
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