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Latest Forum Topics / Genting Sing    Last:0.77    +0.005  Post Reply
Genting moving up fast.
teeth53
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12-Jun-2009 19:33     
 
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Genting SP 0.680 0.675 -0.005 -0.7 55,960,000 5,319,000 0.675 0.680 1,944,000 0.690 0.660


Last Trades Volume Bid Volume Mid Ask Volume
0.660 2 185,000 185,000 0 0
0.665 55 3,641,000 2,138,000 0 1,503,000
0.670 130 11,883,000 6,022,000 0 5,861,000
0.675 166 12,439,000 4,276,000 0 8,163,000
0.680 607 11,864,000 9,701,000 0 2,163,000
0.685 619 11,936,000 5,316,000 248,000 6,372,000
0.690 127 4,012,000 883,000 0 3,129,000
TOTAL 1,706 55,960,000 28,521,000 248,000 27,191,000


 
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teeth53
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12-Jun-2009 11:50     
 
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All significant shareholders of Genting Singapore will be expected to undergo strict probity checks before the gaming licence is awarded to the casino operator here by the Casino Regulatory Authority (CRA). It is understood that the gaming licence has not been awarded yet.

There's a likelihood the Singapore government may not agree, so the family has to come in on their own.' 

It is not the first time Genting Singapore has raised eyebrows in Singapore by associating itself - perceived or otherwise - with Stanley Ho.

In 2007, after winning the tender to build one of two casino resorts in Singapore, Genting Singapore said it was looking to sell a stake in Star Cruises - which was then its partner in the Sentosa resort - to Stanley Ho.

Final result will be..Genting SP can still get the result they wanted badly. THE GAMING LICENCE later...by backtracking on this issue and (for EG: subsequently acquired Star Cruises' entire stake in the resort in an apparent bid to pacify the Singapore government). So far

Support at 0.67ct -0.69ct
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elisa28
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12-Jun-2009 10:58     
 
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 Alert Admin 		COME ON. THINK, THINK AND THINK. ALL OF YOU OUT THERE THINK THAT THE GOVERMENT WILL NOT ISSUE THE LICIENCE TO THEM JUST BECAUSE THEY SELL AT A DISCOUNT. THINK AGAIN, WHY ARE THEY BUILDING THE CASINO AND THE PARK IN SENTOSA RIGHT NOW AND DUE FOR COMPLETION IN 2010.

teeth53      ( Date: 09-Jun-2009 22:49) Posted:

Genting SP 0.705 0.685 -0.010ct -1.4% 120,955,000 290,000 0.685 0.690 1,297,000 0.710 0.680


teeth53      ( Date: 07-Jun-2009 21:54) Posted:

Buy below 0.60ct if they quit or not successful, as for Uni.studio..they maybe having to take some panadol or work, work with another successful bidder, can be anyone Uni..studio is comfort with. that they Gent SP have made their money here once, but maybe not the 2nd time around...likely it all depend on who have more powerful money to play around with...EG is GIC and Temasick can afford to lose many billions, don't say they cannot afford to buy over with several billions. shifting to itself self control mode...liao. the one in control is one can make money.
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pharoah88
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11-Jun-2009 15:25     
 
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Casinos Owners believe and comply in KARMA and RETRIBUTION and Geomancy and ........

What they take away, they must give back.

The 19 cents Effects will be restored by the Causers for GOOD KARMA. 
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teeth53
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09-Jun-2009 22:49     
 
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Genting SP 0.705 0.685 -0.010ct -1.4% 120,955,000 290,000 0.685 0.690 1,297,000 0.710 0.680


teeth53      ( Date: 07-Jun-2009 21:54) Posted:

Buy below 0.60ct if they quit or not successful, as for Uni.studio..they maybe having to take some panadol or work, work with another successful bidder, can be anyone Uni..studio is comfort with. that they Gent SP have made their money here once, but maybe not the 2nd time around...likely it all depend on who have more powerful money to play around with...EG is GIC and Temasick can afford to lose many billions, don't say they cannot afford to buy over with several billions. shifting to itself self control mode...liao. the one in control is one can make money.
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teeth53
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07-Jun-2009 23:09     
 
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Mr Goodyear 'might look to rationalise Temasek's large exposure in banks and reallocate to under-represented sectors such as energy/natural resources and lifestyle/consumer'

http://business.asiaone.com/Business/News/My%2BMoney/Story/A1Story20090603-145822.html

teeth53 thot: Not only here but also expansion to next door and oversea a far.... for a start...7 hours flying time.

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teeth53
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07-Jun-2009 22:58     
 
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It would be d other way round for potential casinos bidding...

http://travel.asiaone.com/Travel/News/Story/A1Story20090606-146583.html

Universal Studios S'pore will be one of world's best, The German travels around the globe rating theme parks in different countries. Calling himself "The Theme Park Guy", Mr Zwanzger was here recently to visit Universal Studios Singapore. Since October 2007, Mr Zwanzger has rated about 60 theme parks in North America, Europe, the Middle East and Asia.



teeth53      ( Date: 07-Jun-2009 22:12) Posted:

An opportunity to allow Gen't to have a almost guarantee business and making king money is almost lossing it shine, while Gent International may have casinos a far, it does not guarantee making money even in good time.

teeth53      ( Date: 07-Jun-2009 21:54) Posted:

Buy below 0.60ct if they quit or not successful, as for Uni.studio..they maybe having to take some panadol or work, work with another successful bidder, can be anyone Uni..studio is comfort with. that they Gent SP have made their money here once, but maybe not the 2nd time around...likely it all depend on who have more powerful money to play around with...EG is GIC and Temasick can afford to lose many billions, don't say they cannot afford to buy over with several billions. shifting to itself self control mode...liao. the one in control is one can make money.
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teeth53
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07-Jun-2009 22:12     
 
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 Alert Admin 		An opportunity to allow Gen't to have a almost guarantee business and making king money is almost lossing it shine, while Gent International may have casinos a far, it does not guarantee making money even in good time.

teeth53      ( Date: 07-Jun-2009 21:54) Posted:

Buy below 0.60ct if they quit or not successful, as for Uni.studio..they maybe having to take some panadol or work, work with another successful bidder, can be anyone Uni..studio is comfort with. that they Gent SP have made their money here once, but maybe not the 2nd time around...likely it all depend on who have more powerful money to play around with...EG is GIC and Temasick can afford to lose many billions, don't say they cannot afford to buy over with several billions. shifting to itself self control mode...liao. the one in control is one can make money.
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teeth53
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07-Jun-2009 21:54     
 
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 Alert Admin 		Buy below 0.60ct if they quit or not successful, as for Uni.studio..they maybe having to take some panadol or work, work with another successful bidder, can be anyone Uni..studio is comfort with. that they Gent SP have made their money here once, but maybe not the 2nd time around...likely it all depend on who have more powerful money to play around with...EG is GIC and Temasick can afford to lose many billions, don't say they cannot afford to buy over with several billions. shifting to itself self control mode...liao. the one in control is one can make money.
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teeth53
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07-Jun-2009 21:33     
 
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Who ever d next biggest players who is interest is also always most welcome, like eg South Africa players. No headache at all, only money not enuff.

http://www.skyscrapercity.com/showthread.php?t=876878

Gent SP is only license to built and not operate casinos... 



AK_Francis      ( Date: 07-Jun-2009 16:36) Posted:

An article related to Gent SP was published in today Zaobao. MGM issue alrdy made known earlier on. Authority is keen to know who are d new big stake holder(s) which Mr Lim 9 % stake handed to. D shocking thing is that Gent Sp has not sumitted its application for gaming licence to CRA yet. Hence, dun talk about CRA has not issued the gaming licence yet. Artical pointe that Mr Lim family gaming biz is d largest in Asia. How can he dun hv his footprint in Macao, face water drop liao. Moreover currently Macao turnover had alrdy been overtaken Lasvagus, ampteen potential in d gaming industries in Macau, with d support of huge pop in d PRC. Hence, AK opines that Mr Lim instead of sparing with d added hassles n pressure given by d authority, he may just walk away without d gaming licence and only operate d resort. Ha ha now, then d authority headach liao. Open tender again ah, too late laio. It wouldn't be surprised IR inaugurated without a Casino. Who face water drop then? Above for sharing loh.

teeth53      ( Date: 31-May-2009 13:34) Posted:



http://news.asiaone.com/News/The%2BBusiness%2BTimes/Story/A1Story20090528-144565.html

All significant shareholders of Genting Singapore will be expected to undergo strict probity checks before the gaming licence is awarded to the casino operator here by the Casino Regulatory Authority (CRA). It is understood that the gaming licence has not been awarded yet.

Speculation on the Macau deal was fuelled when it was revealed on Monday that Genting Group had acquired US$100 million in secured notes from MGM Mirage.

The talk of a divestment of MGM Grand Macau was itself sparked when the New Jersey Division of Gaming Enforcement recommended last week that MGM Mirage sever ties with Pansy Ho, its partner for MGM Grand Macau, adding that the daughter of Chinese gaming magnate Stanley Ho is an unsuitable partner.

Bloomberg had quoted Ang Kok Heng, chief investment officer at Phillip Capital Management in Kuala Lumpur, as saying that the Lim family may be raising funds to finance a possible investment in MGM Mirage's Macau casino. But he also added: 'It's not easy for Genting or Resorts World Bhd to take over MGM Mirage's venture in Macau because of their investment in Singapore. There's a likelihood the Singapore government may not agree, so the family has to come in on their own.'

This is not the first time Genting Singapore has raised eyebrows in Singapore by associating itself - perceived or otherwise - with Stanley Ho.

In 2007, after winning the tender to build one of two casino resorts in Singapore, Genting Singapore said it was looking to sell a stake in Star Cruises - which was then its partner in the Sentosa resort - to Stanley Ho. Genting Singapore later had to backtrack on this and subsequently acquired Star Cruises' entire stake in the resort in an apparent bid to pacify the Singapore government.


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AK_Francis
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07-Jun-2009 16:36     
 
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 Alert Admin 		An article related to Gent SP was published in today Zaobao. MGM issue alrdy made known earlier on. Authority is keen to know who are d new big stake holder(s) which Mr Lim 9 % stake handed to. D shocking thing is that Gent Sp has not sumitted its application for gaming licence to CRA yet. Hence, dun talk about CRA has not issued the gaming licence yet. Artical pointe that Mr Lim family gaming biz is d largest in Asia. How can he dun hv his footprint in Macao, face water drop liao. Moreover currently Macao turnover had alrdy been overtaken Lasvagus, ampteen potential in d gaming industries in Macau, with d support of huge pop in d PRC. Hence, AK opines that Mr Lim instead of sparing with d added hassles n pressure given by d authority, he may just walk away without d gaming licence and only operate d resort. Ha ha now, then d authority headach liao. Open tender again ah, too late laio. It wouldn't be surprised IR inaugurated without a Casino. Who face water drop then? Above for sharing loh.

teeth53      ( Date: 31-May-2009 13:34) Posted:



http://news.asiaone.com/News/The%2BBusiness%2BTimes/Story/A1Story20090528-144565.html

All significant shareholders of Genting Singapore will be expected to undergo strict probity checks before the gaming licence is awarded to the casino operator here by the Casino Regulatory Authority (CRA). It is understood that the gaming licence has not been awarded yet.

Speculation on the Macau deal was fuelled when it was revealed on Monday that Genting Group had acquired US$100 million in secured notes from MGM Mirage.

The talk of a divestment of MGM Grand Macau was itself sparked when the New Jersey Division of Gaming Enforcement recommended last week that MGM Mirage sever ties with Pansy Ho, its partner for MGM Grand Macau, adding that the daughter of Chinese gaming magnate Stanley Ho is an unsuitable partner.

Bloomberg had quoted Ang Kok Heng, chief investment officer at Phillip Capital Management in Kuala Lumpur, as saying that the Lim family may be raising funds to finance a possible investment in MGM Mirage's Macau casino. But he also added: 'It's not easy for Genting or Resorts World Bhd to take over MGM Mirage's venture in Macau because of their investment in Singapore. There's a likelihood the Singapore government may not agree, so the family has to come in on their own.'

This is not the first time Genting Singapore has raised eyebrows in Singapore by associating itself - perceived or otherwise - with Stanley Ho.

In 2007, after winning the tender to build one of two casino resorts in Singapore, Genting Singapore said it was looking to sell a stake in Star Cruises - which was then its partner in the Sentosa resort - to Stanley Ho. Genting Singapore later had to backtrack on this and subsequently acquired Star Cruises' entire stake in the resort in an apparent bid to pacify the Singapore government.

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trader88.sg
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06-Jun-2009 21:52     
 
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Conspiracy theory on Genting Singapore's share sale
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teeth53
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31-May-2009 13:34     
 
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http://news.asiaone.com/News/The%2BBusiness%2BTimes/Story/A1Story20090528-144565.html

All significant shareholders of Genting Singapore will be expected to undergo strict probity checks before the gaming licence is awarded to the casino operator here by the Casino Regulatory Authority (CRA). It is understood that the gaming licence has not been awarded yet.

Speculation on the Macau deal was fuelled when it was revealed on Monday that Genting Group had acquired US$100 million in secured notes from MGM Mirage.

The talk of a divestment of MGM Grand Macau was itself sparked when the New Jersey Division of Gaming Enforcement recommended last week that MGM Mirage sever ties with Pansy Ho, its partner for MGM Grand Macau, adding that the daughter of Chinese gaming magnate Stanley Ho is an unsuitable partner.

Bloomberg had quoted Ang Kok Heng, chief investment officer at Phillip Capital Management in Kuala Lumpur, as saying that the Lim family may be raising funds to finance a possible investment in MGM Mirage's Macau casino. But he also added: 'It's not easy for Genting or Resorts World Bhd to take over MGM Mirage's venture in Macau because of their investment in Singapore. There's a likelihood the Singapore government may not agree, so the family has to come in on their own.'

This is not the first time Genting Singapore has raised eyebrows in Singapore by associating itself - perceived or otherwise - with Stanley Ho.

In 2007, after winning the tender to build one of two casino resorts in Singapore, Genting Singapore said it was looking to sell a stake in Star Cruises - which was then its partner in the Sentosa resort - to Stanley Ho. Genting Singapore later had to backtrack on this and subsequently acquired Star Cruises' entire stake in the resort in an apparent bid to pacify the Singapore government.
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TuaPekGong9413
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30-May-2009 22:37     
 
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 Alert Admin 		those high volume bought at .73 is not buyers confidence. it is those who shorted last few days and are forced to buy back...
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smilingchuan
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30-May-2009 14:03     
 
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i was right again that Dow will move up higher. Although this crisis is far from over but people are always forward looking. Stocks are the same too. Stocks look at future indicators. Consumers' sentiments improve so stocks surge. the same thing for genting especially singapore is going all out for tourism and Resorts 2010 will be a success. Look at the last trade 39 million shares of genting shares bought at $0.73. everyone has confidence in this share now. 

 

TP: $1.00  Hold on if you are long. 
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dealer0168
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30-May-2009 13:22     
 
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 Alert Admin 		Hope so (on what u mention Genting trading price will be weaken), so i can get some more of Genting share (mine is long term play for this counter).Smiley

teeth53      ( Date: 29-May-2009 20:58) Posted:

After game is over, trading price may weaken as they are force selling coming....just my guess, (short into weakness only when is falling - for today BBs trying to catch shortist).

Sell into strength only when going is good and when price surge up/



dealer0168      ( Date: 28-May-2009 23:14) Posted:

Rumour say he is keen on Macau Gamble business there. Thus he sell 9% of his Genting share to free up cash for its.

Actually this things should not impact Genting progress at all.

But i believe Genting may keep falling for this few days, as the contra player need to cut lost at the best price.

My GUESSSmiley
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engseongseee
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30-May-2009 11:30     
 
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i780samsung      ( Date: 29-May-2009 12:17) Posted:

completely agree with this!

smilingchuan      ( Date: 29-May-2009 11:40) Posted:

i think this counter today better dun short. in case, BB buy few thousand lots up each again. Shortist will not survive. then we will see panic covering. seems that more good news are flowing out from the US. Expect Dow to be stable today. and probably a weaker dollar will spur buying interest in the US. so this counter genting will chiong. to at least $0.73 today. and in the near 1-2 weeks if market conditions are stable, $0.80 is not a problem. :)
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smartrader
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29-May-2009 21:09     
 
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 Alert Admin 		The Lims must have weighed the short term pros and cons when deciding to sell  9% worth of shares at 72cents - the MGM bonds may give better returns than holding on to the shares or is a once in a lifetime opportunity...similarly, the buyer also has weighed the pros and cons when deciding to buy at 72 cents ..so  if you were out at above 80 cents, can buy back if you believe in the blue-chip story...... if you have not touched this share before.. suggest to wait for 10% correction...  my 2 cents' worth..
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teeth53
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29-May-2009 20:58     
 
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After game is over, trading price may weaken as they are force selling coming....just my guess, (short into weakness only when is falling - for today BBs trying to catch shortist).

Sell into strength only when going is good and when price surge up/



dealer0168      ( Date: 28-May-2009 23:14) Posted:

Rumour say he is keen on Macau Gamble business there. Thus he sell 9% of his Genting share to free up cash for its.

Actually this things should not impact Genting progress at all.

But i believe Genting may keep falling for this few days, as the contra player need to cut lost at the best price.

My GUESSSmiley



teeth53      ( Date: 28-May-2009 19:42) Posted:

The news is out, for concrete reasons..this ? can only answer by Mr Lim's himself, just my guess
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lookcc
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29-May-2009 19:27     
 
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 Alert Admin 		2 whack shortists, mayb.
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