Latest Forum Topics / Genting Sing Last:0.76 -0.01 | Post Reply |
Genting SP Next Move
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new6ie
Senior |
07-Nov-2013 12:01
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You can see I already changed   my mind about investing in shares.   Have invested and now on the road to divesting all my holdings.   Lose a little is ok, but hope not too much though it is not within my control as everything is price dependent. This decision is made after much consideration with my wife. Hope newbies entering the market would best to refrain but if not, just buy and hold one or two " good" counters just for long term.   Can make or lose will depend on the business of the counter and good management. Lol. | ||||
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new6ie
Senior |
07-Nov-2013 11:10
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Yah. Wait for opp to exit the market. Sg share market really cannot touch,   if ever exited all positions.   There is an invisible force always aiming for your money.   This force is worst than the devil, very alert and calculative. Sometimes the devil can be a little sympathetic, but not this eviler force. Maybe by 2016, I will be out completely and hopefully, but until then no buying even how low a counter is because then there will be no end.   Better enjoy life with the money, and not to be stuck to the computer screen with palms sweating cold, unsound sleeps, and spoiling your blood pressure.   LOL..
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yummygd
Supreme |
07-Nov-2013 11:09
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1 lotter down . But big eat at 1.475 . My thoughts. Bb in actions cny coming | ||||
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shroomfarmer
Member |
07-Nov-2013 10:42
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whats up with the panic sell off? | ||||
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jomini
Veteran |
07-Nov-2013 10:41
Yells: "slow down, think, question" |
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i tot u had a plan
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yummygd
Supreme |
07-Nov-2013 10:40
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Oh all day poems iphone app down. Biang. | ||||
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new6ie
Senior |
07-Nov-2013 10:33
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Sellers in droves driving Genting SP down, will likely settle to $1.45. | ||||
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new6ie
Senior |
07-Nov-2013 10:13
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When not making money, Genting and BBs sour face, sell the counter.   When making money, BBs see money become " gila"   (kee seow lah tian) and sell the company.   We all as small players, how to play?
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bookwormy
Member |
07-Nov-2013 10:05
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What happened, this counter just got hammered! | ||||
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yummygd
Supreme |
07-Nov-2013 09:59
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In at 1.49 cny play i kao u liao | ||||
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desmondwong
Member |
05-Nov-2013 22:02
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Three Shares That Beat The Market TodayBy Ser Jing Chong - November 5, 2013   Let?s take a look at some shares that ended the day with bigger gains than the index. Casino and resort operator Genting Singapore (SGX: G13) rose after releasing its third quarter earnings yesterday evening, putting on 1% to S$1.53. The company saw a 16% year-on-year growth in quarterly revenue to S$777m as its profits jumped by two-thirds to S$223m. Genting commented that ?both the gaming and non-gaming business segments performed better? in its flagship business in Singapore Resorts World Sentosa. The company also mentioned that it is ?monitor[ing] with great interest the legislative passage of the Integrated Resort Execution Law in Japan? as it seeks to expand in the gaming, leisure/entertainment and hospitality sectors in the Asian region. |
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new6ie
Senior |
05-Nov-2013 16:58
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I would like to start collecting Gent Sp for long term investment.   Whatever price analysts suggested don't care.   Lower can collect a bit, higher also collect abit.   Never one shot buy everything. | ||||
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Octavia
Elite |
05-Nov-2013 16:08
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MBKE: Hold, TP $1.43 Nomura: Neutral, TP $1.52 DB: Buy, TP: $1.63 CLSA: U/PF, TP: $1.52 UOB: Hold, TP: $1.42 JP Morgan: Underweight, TP: 1.28 DBSV: Hold. TP: $1.42 UBS: Buy, TP: $1.69 | ||||
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wait4opp
Veteran |
05-Nov-2013 09:42
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Genting Singapore | PDF VIP spark in 3Q13 GENS SP / GENS.SI | UNDERPERFORM - Maintained | S$1.52 - TP: S$1.17 Mkt.Cap: US$14,898.00m | Avg.Daily Vol: US$20.50m | Free Float: 25.00% Gaming | Author(s): Lucius Jesudason CHONG +60 (3) 20849869 begin_of_the_skype_highlighting  +60 (3) 20849869  FREE    end_of_the_skype_highlighting, ▊ 3Q13 results came in within expectations with 9M13 core net profit accounting for 71% of our FY13 forecast. We expect GENS to finish the year strongly on the back of the usual seasonality and a continued conducive credit environment for its VIP business. No change to our RNAV-based target price or EPS forecasts. We maintain our Underperform rating as we are still expecting de-rating catalysts from potential disappointing VIP GGR numbers, which remain volatile. Strong 3Q13, driven by VIP Adjusting for S$40m in one-off property-assessment charges, 3Q13 core net profits were up 59% yoy, fuelled by operating leverage in its VIP business. Its VIP win rate was 2.95% vs. 2.85% in 3Q12 with a 58% yoy increase in betting volume, translating to S$610m in GGR (+89% yoy, +40% qoq). Management attributed this to a broadening out of its VIP clientele not just in China but also in South-East Asia. However, we believe its VIP business is ultimately dependent on credit and it is too early to tell whether it has found sustained growth and recovery. 4Q12 and 1Q13 saw similar spikes in VIP rolling chip but there was a pullback in 2Q13 when credit was reined in. Trade receivables crossed S$1bn for the first time and we estimate that S$473m in bad debt has been provided for since operations began. About S$50.2m was provided for in 3Q13 vs. S$31.9m in 2Q13 and S$32m in 3Q12. Stagnant in mass Mass GGR was S$409m, down 15% yoy and 10% qoq. Market share for Resorts World Sentosa (RWS) dropped to 44% from 49% in 3Q12. A 550-room new hotel in the Jurong Lake District will be a key catalyst for RWS as it will cater to tour groups which should help drive yields on its gaming assets during off-peak hours. Pricing in Japan We believe based on our assumptions that the share price is factoring in a potential 50% stake for GENS in a US$10bn IR project in Japan with a ROCE of 15% valued at 12x EV/EBITDA. This works out to S$0.37/share in RNAV. We believe this represents much of the option value given that we are still very early in the timeline. | ||||
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jj7007
Member |
05-Nov-2013 09:07
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Congrats to all.. Was rushing to match at closing that I did not adjust the price higher to match lol.. Well done   |
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shroomfarmer
Member |
05-Nov-2013 08:22
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Headlines in Straits times today. Genting profit surges 61%. Congratulations to al | ||||
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meltconsultancy
Member |
05-Nov-2013 06:46
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Yes we have to believe in faith for it to happen, let pray for the company good profits in making. | ||||
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New123
Elite |
04-Nov-2013 19:48
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Net profit $222.69m is 61% more than previous year $138M. Think tmr will gap up. $1.60 - $1.65 coming.. |
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Shirleyfong88888
Member |
04-Nov-2013 18:26
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T
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Sealteam6
Member |
04-Nov-2013 17:53
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It's within to slightly under analysts estimates | ||||
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