Latest Forum Topics / Genting Sing Last:0.77 -0.005 | Post Reply |
GenSp starts to move up again
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Bopanha
Master |
05-Sep-2012 08:01
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Not found any Singapore brokerage willing to offer 0.01% transaction and brokerage fees.  The lowest commission that I know is 0.1% and most players (excluding remisier trading on his own).  In many exchanges, it could be as low as $7 per transaction.  Thus whether you selling or buying 1 share or 10 million shares it is just only $7. Two ways very most $14.  We in Singapore cannot do it.  Min brokerage is $25 and the more you buy or sell, the more you pay for the transaction which I think is ridiculous because no extra service is being provided by an increased transaction.  Very cut throat Singaporeans or who?
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susan66
Master |
04-Sep-2012 20:38
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In casinos, once lose straightaway capital gone but in shares still can hold on & wait unless cut loss but still can keep some capital.  Will enter soon since supporting well around $1.30 recently. Don't know when it will move but hopefully have luck again  like Sakari, cheong up in 2 days. |
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marubozu1688
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04-Sep-2012 17:30
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Need a little bit push and Genting SP will move. So far chart show a little bit bullish signal for short trade  but must quick in quick out. http://mystocksinvesting.com/singapore-stocks/genting-singapore/genting-short-term-bullish-trade/
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wesely2k
Veteran |
04-Sep-2012 05:03
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Si liao, bo jalan. | ||||
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wanglausern
Senior |
04-Sep-2012 02:21
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I totally disagree with you that betting in stocks is more risky than betting in casinos. Tell me, how many have committed suicide betting in stocks and how many have killed themselves from gambling in casinos?
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wanglausern
Senior |
04-Sep-2012 02:17
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Commission for share trading is so much cheaper than casino-betting. Commission for share trading can go as low as .01% whereas average commission at casinos is about 2.35%.  
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aice06
Member |
04-Sep-2012 00:20
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“Anytime they’re putting more  money  into the economy, it’s good news for gold,” said Dan Denbow, a fund manager at the $1.8 billion USAA Precious Metals & Minerals Fund in San Antonio. The outlook for monetary stimulus “allows the risk-on trade to come back in to the market.” Bloomberg,Elizabeth Campbell, 3 September 2012.  When the US print more more , this usually bodes well for gold. This had happened in the past.    It seems to be a recurring theme. A good gold investor will have to know about gold's relationship to the US currency.   |
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iPunter
Supreme |
03-Sep-2012 10:03
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Yes, sifu... That is the problem...   And it is the reason why I have always said to treat all trade position as bets.       If one treats it as a bet, when one loses, one is " kam guan" (satisfied).           If one treats it as gospel (ie. must be right no matter what), then one is prone to lose heavily.               This is because when one believes that one is right, one will be " mm kam guan" ,                     regardless of the reality of the situation. This is the main cause of big losses. |
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Bopanha
Master |
03-Sep-2012 07:59
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It is always that hope that kills him most.  If he did not have a hope, he merely gets hurt but not killed. Lol.
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junction
Senior |
02-Sep-2012 13:22
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In the light of the latest government move to limit the number of singaporeans visiting the casinos, will they impose $100 each time one trades and investigate those who trade 5 times or more per month?  All traders vanish lah!
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iPunter
Supreme |
01-Sep-2012 15:00
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In many ways, betting in stocks is more risky than betting in casinos.     A classic case is when a newbie happily buys a stock at its peak thinking that he/she         has netted a good deal, since everyone is bullish over the top and then got the shock               of his.her life when it falls drastically as the weeks and months go by. Whereas                     in casino betting, he/she will know instantly that a lot of money is lost.                         In both cases, he/she will of course try hard to win back what is lost...
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wesely2k
Veteran |
01-Sep-2012 13:17
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Alamak ! Somepeople   like : Cognac Somepeople like  : Whisky Somepeople like  : Red Wine Somepeople like : Beer So how to define??? As long as you know how to taste it. Somepeople shout for UP & somepeople shout for Down, as long as you earn so who care? 不 要 太 认 真 , 也 不 要 太 在 意 , 只 要 能 在 股 海 翻 腾 的 人 都 有 一 点 小 钱 , 只 要 赚 得 开 心 , 输 的 开 心 , 管 它 是 洋 酒 , 威 士 忌 , 红 酒 , 还 是 啤 酒 。 。 。 只 要 会 品 尝 都 是 好 酒 !   |
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junction
Senior |
31-Aug-2012 22:04
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You're saying investing in stocks is more risky than betting in casinos?  Wow, that's something!
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iPunter
Supreme |
31-Aug-2012 17:25
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Forum is good for thrashing things out, ie. explaining, clarify any misunderstandings, apologise, etc.     As long as don't " gado-gado" until red face, will be okay...         If not, all the newbies will " ketawa" (laugh)... lol... |
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rotijai
Supreme |
31-Aug-2012 17:05
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u arent wrong. i just wanna highlight that most funds have rules that the FMs have to follow, not like retailer can anyhow buy/sell :) gsp is a STI stock, one of the more reliable stocks (DOES NOT MEAN IT WILL FLY), of course most FMs will have a piece on it :)
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cashiertan
Elite |
31-Aug-2012 16:48
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also if the fund managers decided to adjust into Genting and adjust out from other counter also means the Funds manager see something which he likes about genting for them to adjust in. which idiot will adjust into a falling knives stocks? 
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cashiertan
Elite |
31-Aug-2012 16:45
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i am not flaming you. i dun wish to either. just like you. just wanna explain for that guy also to explain my views for sharing.   no need to be so defensive either. i can see you are not having any motives nor gaining any benefits from ur post so lets make peace.
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rotijai
Supreme |
31-Aug-2012 16:40
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i don even wanna talk about whether this stock is going up or down i was just saying that the big buy or sell (aka big volume matching at the opening) is due to portfolio adjustment. i am not refering to windows dressing (meaning BBs push the stock up to make it nice), every month, quarter, half-year, year, there's some % of shares that the BBs have to maintain, so they have to buy/sell to readjust that %. i am just sharing what i know, not predicting/analysing whether the stock will fly up or down so longists or shortists, no need to flame me cause i also dunno where this stock will go.. and honestly, i also don bother cause i have no position and don plan to open one any sooner.
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rotijai
Supreme |
31-Aug-2012 16:35
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u can take a look at the volume at the end of the day, it will not be as big as the opening, but it will be " abnormally" bigger vol than the other days.
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cashiertan
Elite |
31-Aug-2012 16:33
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of course i know about the windows keeping. but not everybody do such thing nowadays. It makes the fund managers and BBs in obvious disadvantage for others to exploit on. anyway. Genting not showing very bearish signals. i wont enter either just wanna give some warning for noob shortists | ||||
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