Latest Forum Topics / Genting Sing Last:0.765 -0.005 | Post Reply |
GenSp starts to move up again
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lowchia
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11-Mar-2012 23:44
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On Friday, Genting SP re-tests the support at $1.575 and closed at $1.59 with LOW volume of 23.5 million shares traded. During the past 10 bars, there have been 3 white candles and 5 black candles for a net of 2 black candles.  During the past 50 bars, there have been 18 white candles and 27 black candles for a net of 9 black candles. RSI & MACD are flat as RSI trend sideways. Currently prices are resisted by 50/100 days MA. Immediate Resistance of Genting SP: $1.65 Immediate Support of Genting: $1.575 For the past 4 trading ...............  READ MORE   |
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jipuo1
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11-Mar-2012 22:39
Yells: "Get Rich Slow or one can get poor quick" |
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MBS is now learning from RWS to be more cautious in granting credit to customers.    It may not be reported directly but from 'between the lines', RWS is regaining is mkt share.    Junket licences may be granted anytime.  So, stay invested 'cos u don't know when. )
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settowin
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09-Mar-2012 14:45
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Genting is just taking a rest.  It would not likely give up its position as a market leader (active volume leader)).  I think it has rested enough and should be top volume again soon. | ||||
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Hawkeye
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09-Mar-2012 14:38
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Lack of BB going in. Retail investor a lot bought in 1 lot, 2 lot, 10 lot even 100 lot how to finish up 2000 - 3000 lot on sell! BB blocking the way up! Well see how long GenSp can stay down! I keep vested.
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oceanblue
Senior |
09-Mar-2012 13:48
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Testing $1.60? | ||||
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Hawkeye
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08-Mar-2012 10:29
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Today go up 1.5cts with minor volume now. Rare to see GenSp not in top 20 Volume
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Hawkeye
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07-Mar-2012 20:40
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If that is the case then I will have to squat long long. Not too lonely many people are still holding with GenSp share at 1.90 to 2.10. They have to contend with the 1cts dividend. Hopefully GenSp can give drink and some durian coupon for loyal share holder. If MBS is the gambler den then Minister Iswara should concentrate his guard there and leave GenSp alone.
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moneycow
Master |
07-Mar-2012 17:00
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There are reports that say, MBS is winning the businesses over from Genting. From the trading patterns, not many wants to pay higher to get in. Thats why large volume but little movement up...many punters want to get on it but at a cheaper price..not giving in. Thats why almost stagnant but with huge volumes. | ||||
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eplepl
Master |
07-Mar-2012 16:53
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coupon is good, fixed rate. | ||||
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sgnewbie
Master |
06-Mar-2012 09:27
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Citi Investment Research on Genting SP http://sg-shares.blogspot.com/2012/03/genting-singapore.html  |
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Hawkeye
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05-Mar-2012 16:01
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Genting SP Straits Times rated Good to Very Good about everything from Hotel to Services to Earnings - Grade A and B compare with Sands But did not rate Investor Confidence - Because its Grade D |
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Hawkeye
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05-Mar-2012 15:24
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1.8billion bonds oversubcribes to $6bil at 5.125% means approximately 92million per year or 0.7 cts per share. Unless GSP cost 92mil per year, if investment can bring back 180mil per year then its good investment.
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redhornet2
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03-Mar-2012 23:46
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Information regarding the size of perpetual bond: " Genting Singapore PLC (the “Company”) refers to its announcement dated 22 February 2012 and wishes to announce the successful pricing of S$1,800,000,000.00 (Singapore dollars one billion and eight hundred million only) in aggregate principal amount of 5.125 per cent. perpetual subordinated capital securities (the “Securities”)."   In Dec 2010 Annual Report, the long term debt is about S$3 billions. Now, it is increased again to at least S$5 billions! |
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redhornet2
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03-Mar-2012 22:50
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Just received this piece of news from The Edge Weekend Comment 2: Genting Singapore, whose casino continued to lose market share to Marina Bay Sands. |
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hlfoo2010
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03-Mar-2012 12:39
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Any simplfied FLOW CHARTs ???? | ||||
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krisluke
Supreme |
02-Mar-2012 22:23
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... .... What you need to know about Genting Singapore’s first perpetual bond issue S$1.8 billion worth of perpetual bonds will be issued in the denomination of S$250,000. Genting Singapore announced: The Securities, which will be issued in the denomination of S$250,000, will be perpetual and will confer a right to receive distribution from their issue date at the rate of 5.125% per annum, subject to a distribution rate step-up on 12 September 2022, such distribution to be payable on the Securities semi-annually in arrear, unless deferred in accordance with the Terms and Conditions of the Securities. The Securities will constitute direct, unsecured and subordinated obligations of the Company and will rank pari passu and without any preference among themselves and with any Parity Obligations (as defined in the Terms and Conditions of the Securities). The Securities may be redeemed at the option of the Company in whole, but not in part, on 12 September 2017 or any Distribution Payment Date (as defined in the Terms and Conditions of the Securities) thereafter and otherwise upon the occurrence of certain redemption events specified in the Terms and Conditions of the Securities. The Securities are expected to be issued on 12 March 2012, subject to the satisfaction of customary closing conditions. The Company has mandated DBS Bank Ltd. and The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch as Global Coordinators, and DBS, HSBC, CIMB Bank Berhad, Deutsche Bank AG, Singapore Branch and J.P. Morgan (S.E.A.) Limited as Joint Bookrunners and Joint Lead Managers, and Oversea-Chinese Banking Corporation Limited as co-Manager, in respect of the proposed issuance of the Securities
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Gensp18
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02-Mar-2012 21:53
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redhornet2
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01-Mar-2012 06:39
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A stock I cannot understand. Why so many people willing to buy high when Genting is again borrowing with PERPETUAL preferred bonds! It definitely will dilute the stock. Maybe the next dividend will not come for a long long time! Where is the quality gamblers? It is not shown in the volume in profit generated? Why MBS don't need so many hotels to make more profits? None of my friends make any money because they cannot read Bollinger Bands. They missed all the opportunities to sell and wait for it to raise higher? Bollinger Bands almost said sell but Auto Chartis said converging triangle. Maybe if you have gut, buy a put option if it exist. |
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Hawkeye
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29-Feb-2012 09:46
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Is It So? Ha Ha
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krisluke
Supreme |
28-Feb-2012 09:32
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Genting SP: SG govt said it is reviewing the Casino Control Act and hopes to disclose more details in the 2H12. The review will look into the economic, security and social issues surrounding the two Integrated Resorts (IRs), as a recent survey on problem gambling showed that overall gambling rates remained stable but saw worrisome trend of low-income gamblers who bet large amounts. The govt also commented that raising casino entry levies on Singaporeans and PRs may not be effective as levy is not a deterrent. Deutsche believe that any further amendments to the Casino Control Act will likely involve tightening of rules targeting at SG and PRs gamblers as efforts to limit social impact from two IRs. Other regulation closely watched is on junkets licensing, which CRA has yet to approve. In line with govt's move and measures to safeguards locals, house do not discount the possibility that junkets licensed (in future) will only be allowed to extend credit to foreign players. Overall, house maintains Hold with $1.49 TP. |
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