Latest Forum Topics / Genting Sing Last:0.76 -0.01 | Post Reply |
GenSp starts to move up again
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skk888
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11-Nov-2012 21:30
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btw genting sp is not earning earning earning.. but earning lesser, lesser, and lesser.. i'm not vested now but used to hold 3 quarters back when they first started to lose their market leadership.. yah i don't think they will make losses too, but only how much.. difficult to guess since this business partly depends on the " luck" factor.. 
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marubozu1688
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11-Nov-2012 21:02
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Trading Genting on Monday is like gambling in casino. It can go either way 50-50 chance!
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raykee
Senior |
11-Nov-2012 20:58
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all those earning forcast is by the company or some ppl else's target? i dun tink RWS will make losses, just drop in profit, but tat is a cycle, u can nt be earning earning earning one mah... come out run, hav to return some day  | ||||
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oldflyingfox
Master |
11-Nov-2012 20:52
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If Mabel's role  is to bring in regional big players then why she brought in local players? Seem like she wasn't that great in regional networking. Anyway, share price was down so much before result, it seem like not going to be good. However, looking from the otherside, if result is within the market expectation of " bad result" , it won't go down much more. |
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wanglausern
Senior |
11-Nov-2012 17:54
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Mabel Lee who was responsible for bringing in high-stake players from Asia was pressured by CRA to resign in Aug for her role to reimburse casino annual entrance fee to high-stake players. Without this woman around, I think RWS  revenue from high stake gambling  would suffer.
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khng2012
Master |
11-Nov-2012 17:27
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Genting shall have gain from 980mil financial asset investment. It is either record in this Q or next Q. Don't be surprise to see profit gain. However, brokers are more interested to see the core business operation which shall be bad.
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tiancai007
Master |
11-Nov-2012 17:24
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If MBS reported not so good report, Genting having lesser mkt share than MBS will certainly report that's below mkt expectations. Unless Genting increases its mkt share and rope in more high end players which is unlikely. Tues is a public holiday, any big movement can only be seen on wed.
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New123
Elite |
11-Nov-2012 16:53
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i think it will bounce-off from 1.22 and move up. Mon result announcement may surprise us with gd profit..
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marubozu1688
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10-Nov-2012 22:33
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If $1.22 support cannot hold, Genting SP will go below $1.00! http://mystocksinvesting.com/singapore-stocks/genting-singapore/genting-sp-watch-the-support/   The coming earning announcement will set the direction! |
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Bintang
Elite |
10-Nov-2012 20:40
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Genting SP only went down to touch $1.22 on 26/07/2012 and created a double bottom formation   on 13/08/2012 at   $1.235 . It did a technical rebounce from here to $1.42 on 17/09/2012 n made a double top formation on 19/09/2012 . It came down rapidly n broke the lower border line of the bearish rising wedge at $1.375 on 01/10/2012 . It fell almost non stop after that to reach $1.235 on 09/11/2012 Friday closing . Genting SP may reach $1.16 this round , if the volume is huge , the downtrend may continue . No moving average is supporting the trend , RSI is at oversold  position n Directional movement index are all pointing   to long term downtrend .
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ukomichi
Member |
10-Nov-2012 19:45
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it might be a good time to long genting sp on monday. goodluck!  | ||||
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stevenk
Member |
10-Nov-2012 18:53
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will go below 1.22. |
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Forglory
Member |
09-Nov-2012 17:39
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have to wait for CNY to come to save this guy... | ||||
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bishan22
Elite |
09-Nov-2012 14:58
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Watch for 1.22., critical support price. Broke this n chips will be flying around. Good luck.  | ||||
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wanglausern
Senior |
08-Nov-2012 16:57
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Sure can see wan. Even Macao Melco Crown also reported lower profit.
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New123
Elite |
08-Nov-2012 14:49
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ok . so far only vested on genting bonds. v gd steady fixed returns. May consider to pick up genting sp when i see the reversal signal.
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khng2012
Master |
08-Nov-2012 14:39
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Result will release next week. Sand result has shown singapore Casino revenue is low. Sand has lead the Casino revenue in singapore few quarters. It will not be so easy for Genting to turn over to lead singapore market. After US huge drop, more people may realise Genting may not be so good. One thing have to take note, in last Q report, 916million dollar is used to financial asset investment, previously rumour said this money  was loan to IHH and Felda IPO listing in Malaysia. Genting has sold the share back to Malaysian Government. As such, don't be surprise to see big gain in " Fair value gain on derivative financial instruments" . No Vested but all the best to holder
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New123
Elite |
08-Nov-2012 14:11
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seems heavy pressure of going down . may see it rebounce from 1.22 - 1.25 ... |
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raykee
Senior |
05-Nov-2012 10:38
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Aqua marine also includes the water museum which as zheng he one? They also got uss, of cos after dec will hav better results cos holiday... Sian thing is legoland and kitty world open liao
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khng2012
Master |
05-Nov-2012 10:34
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Which income you are referring to? As per last Q, Genting Sentosa has mentioned that the Aqua Marine facility has eaten the operation cost without contributing the revenue till 1Q 2013. So similar result as 2Q will be obtained in 3Q and 4Q. I don't really understand why still got people has so high expectation on Genting. Just leave it alone till early 2013, it may be pick up during year end Christmas period and chinese new year period.
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