Latest Forum Topics / Genting Sing Last:0.865 +0.03 | Post Reply |
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eastcivic
Elite |
28-Jan-2011 12:51
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lol where have you been? busy counting money and no time to come to forum? :D
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watermelon
Veteran |
28-Jan-2011 12:46
Yells: "A bird in the hand is worth two in the bush." |
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I missed you all too !! BT , Icetomato , Firewood , Gaecia , Honda Civic , Cannotfind , and many more !!
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BullishTempo
Supreme |
28-Jan-2011 12:45
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Yup it is bearish news.
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ic1990
Senior |
28-Jan-2011 12:39
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after a few months of studying TA...(and losing money)...I kind of suspect much of TA is a self fulfilling prophesy like e.g. if i have a new indicator called ic1990 and ic1990 indicator say that when line cross mid point, it's a BUY and enough people believe ic1990 indicator, they will all BUY when the indicator rise above mid point and hence price increase...
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epliew
Supreme |
28-Jan-2011 12:35
Yells: "no worries be happy !" |
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Global Markets Research Company We raise 2011 market size estimate to US$6.5bn (from US$6.0bn) Based on channel checks, we believe Singapore’s gaming market grew roughly 16% QoQ in 4Q, bringing Singapore’s maiden year gaming market to US$4.0bn or S$5.2bn. Annualized, this puts Singapore at roughly 22% of Macau and larger than Malaysia and Australia combined. Junket licensing remains the most watched and awaited catalyst in the near term. We see 32% growth in gaming revenue for 2011 (from the 3Q10 run rate) but back-end loaded as junkets take effect. Upside surprises unlikely in 4Q10 earnings; positive long-term fundamentals In 2010, GENS outperformed as the market underestimated the Singapore gaming market’s size and profitability. That momentum is moderating into 1H2011 as expectations are now higher. We expect GENS to report 4Q10 EBITDA of c.S$400m (+16% QoQ), broadly in line with the consensus S$380-390m. We have cut FY10-12E EBITDA by 4-6% and net profit by 6-11% to reflect the higher cost environment. Phase 2 is progressing with the opening of the Maritime Xperential Museum (mid-year), Equarius Hotel (year-end) and the rest in 2012. Target price trimmed to S$2.43 on 14x 2011E EV/EBITDA In line with our lower EBITDA projection, we have cut our target price for GENS to S$2.43 (-6.5%). Our target price implies 14x EV/EBITDA and is close to GENS’s historical average since 2009. Key risks: prolonged delay in junket licensing, regulatory tightening measures; lower-than-projected market growth and market share. |
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iPunter
Supreme |
28-Jan-2011 12:34
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I don't think there are any fraudsters as such here... But there are surely silly ingrained ideas which are widely believed and revered...
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epliew
Supreme |
28-Jan-2011 12:29
Yells: "no worries be happy !" |
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time to think..... The budget will be announced on the 18 Feb and will probably be focused on how Singapore can sustain its growth rates, do more to drive productivity gains, as well as helping nurture Singapore companies to expand beyond these shores. · This budget will also have to address the increasing cost living, especially for the lower income group, as well as focusing on the issue of low fertility rates. With larger than anticipated revenue coming in, the government can well afford to hand out substantial benefits amounting to around $7.0 bn, to meet these concerns this year. · With an overall surplus of an estimated $9.3 bn accumulated over the past 5 years (current term of government), the budget should be a generous one. We expect an overall budget deficit of $0.6 bn (0.2% of GDP) for FY2011. |
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ic1990
Senior |
28-Jan-2011 12:26
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aw man...kena exposed as a fraudster liao...hee hee...
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Citigold
Senior |
28-Jan-2011 12:24
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Indeed,the stock market is all about fear and hope.
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iPunter
Supreme |
28-Jan-2011 12:24
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But from 2.01, it is very likely to rise again...
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iPunter
Supreme |
28-Jan-2011 12:22
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But it may not drop to that price... Nobody knows...
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Citigold
Senior |
28-Jan-2011 12:19
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That will be a bad new for me.lol
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iPunter
Supreme |
28-Jan-2011 12:19
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Excuse my bluntness, but isn't thinking of a MA as a 'support' rather a silly idea? I mean it's good to learn sound ideas, but silly ideas is a different story...
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epliew
Supreme |
28-Jan-2011 12:17
Yells: "no worries be happy !" |
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the news is three days ago....
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iPunter
Supreme |
28-Jan-2011 12:16
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GentingSp would be a reasonable buy @1.85...
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epliew
Supreme |
28-Jan-2011 12:15
Yells: "no worries be happy !" |
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brother, some people (i) say no good.....just a hint !
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ic1990
Senior |
28-Jan-2011 12:11
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supported by 200day MA at 68cents... sigh...anyway now raining...I want to go buy lunch also cannot...zzz
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elton81
Master |
28-Jan-2011 12:10
Yells: "$$ very hard to earn :(" |
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if it falls below 0.7... a formidable support will turn into a formidable resistance? lol
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ic1990
Senior |
28-Jan-2011 12:04
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don't, you'd just be selling at a formidable support.
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bladez87
Master |
28-Jan-2011 12:03
Yells: "I AM PAPER TRADING AFTER LOSING 5k!" |
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if GAR breaks .7 i might have to cut loss Zzzz | ||||
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