08:37:43 2.133 274 X

lots of naked short last report from SGX on Friday.... SGX is buying back at 2.31 ...... have u heard it ?

Hi Tiancai007,

Genting Stock sold down from $1.28 to 0.85 when Genting issued a mandatory 450million share convitible bond to be converted to share at the price of 0.95cents.

After 1Q2010 report, showing a net income of about $110million, investor dump shares but after reading the financial result, Genting Actually made an income of about $300million + after deduction "Sales Cost". This is higher than expected. When Genting won the 2nd Casino, they worked out that the yearly income should be about $1billion which will pay back the cost of the Integrated Resorts in 5 years. After 1Q the yearly income worked out to be about $1.2billion per year. Most Analyse rated the shares up. The shares went up and held at about $1.22 to $1.29.

After 2Q2010 report, the share price went up to to date of $2.27.

3Q2010 report, Income is at $311 million, which yearly income still target at $1.2billion higher than initially expected, this means if the trend continue, the repayment for the IR should be less than 5 years.

You Are Dead Wrong with GENTING

Genting Bhd was down from RM8+ to about RM3.8+ only about 55% down

but most of the rest of stocks including singapore stocks were down 80% during the last recession.

NOW GENTING BHD had recovered to RM10+ where most Singapore Shares still had not recovered to its peak.

You must know WHO is in control of the CASINO.

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