| Latest Forum Topics / Genting HK USD |
 Post Reply
|
|
Starcruise - trend reversal in five years
|
|||||||||
|
hikitty
Master |
20-Jun-2007 20:14
|
||||||||
|
x 0
x 0 Alert Admin |
Hello ten4one Thanks for the learned response. SC has been in a seesaw mood (18 cts to 385 cts for the past seven years. During that period the USD was $1.64. Hope SC can different as from 2007 onwards with the USD holding at about $1.53 |
||||||||
| Useful To Me Not Useful To Me | |||||||||
|
ghlau935
Veteran |
20-Jun-2007 19:47
|
||||||||
|
x 0
x 0 Alert Admin |
I think Star cruise go up when Genting go up, they are father n son...............both will cheong and down together....... | ||||||||
| Useful To Me Not Useful To Me | |||||||||
|
|
|||||||||
|
ten4one
Master |
20-Jun-2007 19:43
|
||||||||
|
x 0
x 0 Alert Admin |
Hihikitty, Let me share my tot with you. SC is in the Tourist and Leissure business which could only perform well when the economy is doing well. Of course not forgetting the Bull Market - the more cash people earned, the more they are willing to spend. I'm sure you know our economy was doing in the past few years. It only started to get a little well in 2006 and is heading for better days. All my targets were set quite near so that it is easier to hit. If the Market conditions changed, I'll do a re^iew whether to ride or go for other targets. My concern is the diff in exchange between Buy & Sell. I think that is also the reason why Funds are so cautious. Cheers! | ||||||||
| Useful To Me Not Useful To Me | |||||||||
|
hikitty
Master |
20-Jun-2007 16:43
|
||||||||
|
x 0
x 0 Alert Admin |
Hello ten4one How can any investor be adventurous when this SC has not been profitable every year? Uptrend has never been sustained, rather it is like a "flash" in the pan. How to be adventurous when the odds are stacked against most investors? What is the new TP - want to venture a guess? | ||||||||
| Useful To Me Not Useful To Me | |||||||||
|
ten4one
Master |
20-Jun-2007 13:50
|
||||||||
|
x 0
x 0 Alert Admin |
If you're more adventurous and prepare to take a longer stand, you could reap good returns. Don't think can sink any further within this 1-2 year. Cheers! | ||||||||
| Useful To Me Not Useful To Me | |||||||||
|
|
|||||||||
|
hikitty
Master |
20-Jun-2007 12:36
|
||||||||
|
x 0
x 0 Alert Admin |
Appears to be just a technical rebound today. The fundamentals of SC (or nothing) have not changed. May "collapse" again tomorrow (usual trend)? Upward trend reversal will take ages! Some investors may not be "around" to see it turn around significantly. | ||||||||
| Useful To Me Not Useful To Me | |||||||||
|
crystal77
Member |
20-Jun-2007 11:46
|
||||||||
|
x 1
x 0 Alert Admin |
Starcruise and genting cheong again today... anyone knows why? |
||||||||
| Useful To Me Not Useful To Me | |||||||||
|
teeth53
Supreme |
15-Jun-2007 12:52
Yells: "don't learn through life, learn to grow with life " |
||||||||
|
x 0
x 0 Alert Admin |
But, but *Cruiser found a new god father, now have to see this new god father 1 2 give or not, like the good old day....
|
||||||||
| Useful To Me Not Useful To Me | |||||||||
|
|
|||||||||
|
teeth53
Supreme |
15-Jun-2007 12:46
Yells: "don't learn through life, learn to grow with life " |
||||||||
|
x 0
x 0 Alert Admin |
B4 got God father got $$$, Uncles got $$$, Aunties oso got plenty of $$$, sure can float, in future maybe alone liao, more difficult to stay afloat..
|
||||||||
| Useful To Me Not Useful To Me | |||||||||
|
ten4one
Master |
15-Jun-2007 08:40
|
||||||||
|
x 0
x 0 Alert Admin |
Hi S'gal, this Cruiser could survive simply because the Owners have deep pockets and could also generate reasonable cash flows to fund the operations and most importantly, the business is still viable. The Ship surely takes a longer time to turn around in rough waters. It is now in calmer waters and heading towards better environments (the F1 and IRs etc..). My only concern is int rates hike and the USD position. Cheers! |
||||||||
| Useful To Me Not Useful To Me | |||||||||
|
hikitty
Master |
14-Jun-2007 22:47
|
||||||||
|
x 0
x 0 Alert Admin |
Hi iPunterSupreme Yes, it's a good sign that at the rate it is moving north (after the short uptrend in January 2007), it will take a long long time (guess it will really take five years) for any meaningful upward trend reversal. It has been trading sideways between 0.275 and 0.28 for a few months Unless a miracle happens anytime soon (e.g. crude oil price dipping below US$60 and more profitable routes), it will not rally upwards within this year. |
||||||||
| Useful To Me Not Useful To Me | |||||||||
|
singaporegal
Supreme |
14-Jun-2007 22:41
Yells: "Female TA nut" |
||||||||
|
x 0
x 0 Alert Admin |
Star cruises has been losing money for a long time. I really wonder how they can survive so long. | ||||||||
| Useful To Me Not Useful To Me | |||||||||
|
|
|||||||||
|
hikitty
Master |
14-Jun-2007 22:40
|
||||||||
|
x 0
x 0 Alert Admin |
Hi iPunterSupreme At the rate it is moving after the short uptrend in January 2007, it will definitely take a long long time for a meaningful trend reversal. Five years for a trend reversal if I am not wrong, believe me. |
||||||||
| Useful To Me Not Useful To Me | |||||||||
|
iPunter
Supreme |
14-Jun-2007 19:17
|
||||||||
|
x 0
x 0 Alert Admin |
Hello Hikitty... Isn't it a good sign that it rose to 0.29?... :) |
||||||||
| Useful To Me Not Useful To Me | |||||||||
|
hikitty
Master |
14-Jun-2007 17:45
|
||||||||
|
x 0
x 0 Alert Admin |
Sigh - resigned to the feeling that the trend reversal for SC will indeed need five years based on its recent seesaw movements (i.e. when its Macau investment bears fruit) Closed at a mere 29 cents today with low total volume. | ||||||||
| Useful To Me Not Useful To Me | |||||||||