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Genting Sing
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GenSp starts to move up again
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gabjen
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05-Feb-2010 17:48
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Hi,I do agree with you in a way.It might take years or on the other hand it might be able to recoup investment within a few years,nobody knows as this is the first of it's kind in Singapore,it's a gamble,but to me personally it's a calculated risk as I have enter at a rather low px.This counter is not for those who wants to make fast bucks.But for those thinking of medium to long term I think it's still ok to buy and keep with extra cash that they don't need to touch for the next few years.Cheers
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ticklish8
Senior |
05-Feb-2010 17:46
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Genting report: Genting Singapore Plc (GENS SP), owner one of two casino resorts opening in the city-state this year, gained 2.8 percent to S$1.11. The $4.5 billion Resorts World Sentosa may attract 13 million visitors in the first year of its operation, Malaysia’s Bernama news agency reported, citing spokesman Robin Goh. The resort opened four hotels and 10 restaurants last month. The casino and Universal Studios theme park are still waiting for a license to operate. |
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matrixneo
Member |
05-Feb-2010 17:25
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how many years did other casinos take to break even or show first profit? if there is an influx of tourists going to RWS Casino before the MBS one open...possibility of breaking even in a year's time is high
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matrixneo
Member |
05-Feb-2010 17:22
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wah...wat happened to STI? drop below 2700!!! | ||||
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AnthonyTan
Elite |
05-Feb-2010 17:22
Yells: "patience" |
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This is billion $$$$$$ business investment.Like any other business, it take many years to recoupe or for that matter, to break even. Running RWS, the expenses are equally very very high. No doubt about it, they have done the feasibility study before..What I am trying to say is that it take many many years before we see the $$$$$$$$$$$
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matrixneo
Member |
05-Feb-2010 17:21
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ommmmmmmmmmmmmmmmmmmmm.....wuahahhahaha.....high at 1.18!!! HUAT AH!
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ozone2002
Supreme |
05-Feb-2010 17:05
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is it FUNDS? keke
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gabjen
Member |
05-Feb-2010 17:04
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Hi ,don't mean to rebuke your opinion.By the time Genting SP can show you the $$$$$$$$,don't think it will still be trading at this px.
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AnthonyTan
Elite |
05-Feb-2010 16:42
Yells: "patience" |
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I have said it many times oreli. Unless Genting SP can show me the $$$$$$$$ Cheers and good luck
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yummygd
Supreme |
05-Feb-2010 16:40
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genting is purely speculative ma haha | ||||
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purelotus
Senior |
05-Feb-2010 16:37
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The sudden surge and decline, reaafirm me that my decision not to hold this stock is wise. Haha.
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AnthonyTan
Elite |
05-Feb-2010 16:34
Yells: "patience" |
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Wise man say " oni f rush in" | ||||
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AnthonyTan
Elite |
05-Feb-2010 16:31
Yells: "patience" |
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Time to take cover, hahaha | ||||
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niuyear
Supreme |
05-Feb-2010 16:28
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they once also downgrade SIA to sell till below $10 or $9 or so, but, nothing happen to SIA, it still stays above 13 till now .. ..hahaha!
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street81
Senior |
05-Feb-2010 16:17
Yells: "Learning to love the streets" |
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because pple will be mass selling?
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yummygd
Supreme |
05-Feb-2010 16:11
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where e report you get?? monday action come liao la hahaha | ||||
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ozone2002
Supreme |
05-Feb-2010 16:10
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report saying they got casino license..awaiting official announcement from genting but uobKH downgrade to sell TP $1 |
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samson
Veteran |
05-Feb-2010 16:07
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confim Casino license they get. | ||||
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jm2212
Senior |
05-Feb-2010 16:05
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wait for monday, u will see | ||||
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Joshua_0718
Member |
05-Feb-2010 16:04
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It's going up again after the drop |
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