Latest Forum Topics / Genting Sing Last:0.765 -0.005 | Post Reply |
Genting SP Next Move
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stevenk
Member |
04-Jul-2013 17:55
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Note: This is just a short term rebound. Still trending down,
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chinastar
Senior |
04-Jul-2013 12:59
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trade with hope:)
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oldflyingfox
Master |
02-Jul-2013 15:53
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Oh, u should have buy when it hit new low to ave down your cost.
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ongahhuat888
Member |
02-Jul-2013 14:44
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Trade with care! | ||||
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dicksonh
Veteran |
02-Jul-2013 14:37
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Hoping it will go back up to 1.8+++ soon vested in at that level....sigh  |
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oldflyingfox
Master |
02-Jul-2013 14:31
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Yesterday, there was about 4,900 lots being borrowed to short at ave price of 1.347. Not sure whether has they covered or are doing it now. | ||||
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New123
Elite |
01-Jul-2013 19:54
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U turn liao. It will cont to trend higher.. | ||||
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stevenk
Member |
01-Jul-2013 16:02
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Up due to short term oversold.  Still trending down.
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LOVEYOURSELF
Member |
01-Jul-2013 15:47
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HAZE OR NO HAZE, GAMBLERS WILL STILL FLOOD THE CASINO! BUSINESSES NOT AFFECTED!   BUSINESSES AT ALL OUTDOOR ATTRACTIONS AT RWS SHOULD ALSO NOT AFFECTED BY JUST THE COUPLE OF DAYS OF HAZE!   WHAT SAY YOU? |
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oldflyingfox
Master |
01-Jul-2013 15:34
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Maybe BBs after the short sellers now. | ||||
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dicksonh
Veteran |
01-Jul-2013 14:58
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What's the story with Genting today? It's sprinting up somewhat!? |
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tanglinboy
Elite |
30-Jun-2013 09:23
Yells: "hello!" |
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:) 
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Tomique
Master |
30-Jun-2013 09:07
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You might might say I am silly, but I assure you that what you are thinking is right.   From years of knowledge, yes, it is more profitable to gamble at the casino than at the stock market.   In casino, you lose what you could, but in stocks you lose what you might not even have.   That is the losing story. But when comparing profitability and risk, CASINO is better in reward ratio, and less riskier than the stock market.   MHO. But I don't know how to gamble because I don't understand the games at the casino, eg. bacarat, pairs, etc. But in gambling there are people who made millions but it is only those who know how to stop after making the millions to retain the millions of dollars they won. 
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tanglinboy
Elite |
30-Jun-2013 08:52
Yells: "hello!" |
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I wonder if it is more profitable to gamble at a casino than to speculate in the stock market. | ||||
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wanglausern
Senior |
29-Jun-2013 00:42
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I also know him. Ball bearing biz. Has he finished serving his sentence?
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New123
Elite |
28-Jun-2013 20:56
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the banker always the winner . Just like Sgx always collect $$ whether u buy or sell . Same for broker house .
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junction
Senior |
28-Jun-2013 20:10
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I also know a businessman who won in baccarat for more than a million.  In the second year he was still up but in the third year he was already in negative territory.  He is smart obviously or he wouldn't be able to build up his business until listing in SGX.  But not that smart because he lost so much later and got tempted to dip into company funds.  He was caught and jailed. I hope this young and inexperienced grad would not think he is so good at gambling that he can make a living of it.  His claim of being a maths and stats graduate is doubtful because a maths and stats grad can calculate mathematically that in the long run, the house will win!
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desmondwong
Member |
28-Jun-2013 13:41
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Sin stocks are stocks of companies involved in the distribution or
production of alcohol, tobacco, weapons, or gambling. Some people might
not prefer to invest in such businesses as they find it unethical and
argue that by investing in such stocks, they are helping to fund the
wrong activities the companies are engaging in.
On the other hand, sin stocks can be deemed as recession-proof businesses. People may cut back on superfluous spending like buying of luxury goods during an economic crisis but this does not necessarily mean that people will drop their bad habits during difficult times. In fact, people may be inclined to smoke, drink, or gamble more to “escape” from the hard realities of life during such times. Sin stocks are also usually proven businesses with very stable free cash flows and high dividend payouts.   Genting Singapore owns Resorts World Sentosa in Singapore and it operates the casino there as well. Genting’s debt is 16.6 times its 2012 net profits. The dividend yield stands at 0.8% and its PE is at 27.6, as of the close of June 25th 2013 |
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Octavia
Elite |
28-Jun-2013 09:42
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UOB Kay Hian maintains Sell with $1.17 TP. House continue to expect Genting SP to deliver weak EBITDA trend through 2014, albeit the seasonally slower 2Q13 EBITDA should improve meaningfully from 1Q13’s dismal level of S$250m, as win rate normalises. GEN SP continues to be dogged by difficult industry conditions – sluggish mass-market and VIP patronage. House trim 2014 EBITDA forecast by 4%. | ||||
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Octavia
Elite |
25-Jun-2013 11:12
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While all attractions at GENS have remained open through this crises, visitation to its outdoor water park has dropped. Credit Suisse notes outdoor activity (20% of revenue) may suffer for as long as the haze lasts. |
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