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14981-15000 of 23260
On
Friday, Genting fails yet again to break the important resistance at
$1.04 and close at $0.985 with HIGH VOL of 0.25 Billion shares traded.
The
“shooting star” candlestick with very long upper shadow indicates that
the likely hood of Genting breaking this resistance is low though
earning report has already announced.
In
addition, with both the technical & 61% Fibonacci resistance at
$1.04 and 100/200 days moving average acting as huge resistance, we
would suggest to profit take before everyone does.SEE CHARTS Important Resistance of Genting: $1.04
Immediate Support of Genting: $0.845
Just my 2 cents for all experts' reference. Those who are vested in Genting need to be careful.
"
lai lan"
= "
lau jiow"
= "
old bird"
= "
market sage"...
I do not understand why the need to split hairs at all ???...
hehehe...
ipunter, if direct translate from hokkien, the meaning is still 'market sage'??....i am having my doubt..haha
btw, i ama hokkien...hahahaha..
iPunter ( Date: 15-May-2010 12:29) Posted:
In stock market play... "Lau lan" = "market sage"... 
hotokee ( Date: 14-May-2010 16:08) Posted:
| Hi iputer, heard you say you like lau lans . What is lau lan, anyway? |
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One can easily lose one's underwear (even if it's red) by shorting...
There's just too much money out there waiting to be poured in the market ...
hehehe...
yeah haha i lost 131 dollars on my first short haha its fun but not for me haha
WLBO_BB ( Date: 14-May-2010 23:11) Posted:
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see saw fun rite!.... those not experience enough are advised not to short this babe...
:)
WLBO_BB ( Date: 13-May-2010 20:27) Posted:
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In stock market play...
"Lau lan" = "market sage"...
hotokee ( Date: 14-May-2010 16:08) Posted:
| Hi iputer, heard you say you like lau lans . What is lau lan, anyway? |
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Nicely calculated... haha...
lawcheemeng ( Date: 14-May-2010 20:10) Posted:
no wonder someone said this is the most expansive casino stock in the world...........go check next insight.....hehehe......
grandmaster89 ( Date: 14-May-2010 19:00) Posted:
Excluding non cash items, GS would have earned around $55 million in Q1. Since RWS was only operational for half a quarter, lets double the figure thereby GS would have earned around $100 million.
If GS were to grow by 50% within the next 3 years, its earnings would be around $150 million per quarter. This gives an annual figure of $600 million. Hence at $1 and with 12 billion shares, the company would be trading at a PE of 20 at best case scenario LOL
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see saw fun rite!.... those not experience enough are advised not to short this babe...
:)
WLBO_BB ( Date: 13-May-2010 20:27) Posted:
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no wonder someone said this is the most expansive casino stock in the world...........go check next insight.....hehehe......
grandmaster89 ( Date: 14-May-2010 19:00) Posted:
Excluding non cash items, GS would have earned around $55 million in Q1. Since RWS was only operational for half a quarter, lets double the figure thereby GS would have earned around $100 million.
If GS were to grow by 50% within the next 3 years, its earnings would be around $150 million per quarter. This gives an annual figure of $600 million. Hence at $1 and with 12 billion shares, the company would be trading at a PE of 20 at best case scenario LOL
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Excluding non cash items, GS would have earned around $55 million in Q1. Since RWS was only operational for half a quarter, lets double the figure thereby GS would have earned around $100 million.
If GS were to grow by 50% within the next 3 years, its earnings would be around $150 million per quarter. This gives an annual figure of $600 million. Hence at $1 and with 12 billion shares, the company would be trading at a PE of 20 at best case scenario LOL
yeah yeah!!! alot of times i wonder if they end up making even if strike haha last time i went to sands one auntie almost cover whole table haha but she win everytime
OO123123 ( Date: 14-May-2010 16:38) Posted:
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i had been to australia casino last year, the 'ang moh' there just put AUD5 for each game...relaxing enjoying the game while sipping some juice/wine/beer.
but in malaysia genting, u can easily spot any ah pek or an-tee 'hoot' the roulette ..buying 18nos out of 36nos, or simply put rm500~rm1000 on each player/banker game...shouting 'picture!picture!' all nite long.
hahahaha......
gabjen ( Date: 14-May-2010 16:27) Posted:
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Oh I see,thanks.Anyway,you're right ,if depend on angmo customers to make $$$ on gambling , think 30years later still will have impairment loss |
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Angmo like the Aussies the are the relax sort of ppl,unlike we Asians,all the way out for both work and leisure.
OO123123 ( Date: 14-May-2010 16:38) Posted:
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i had been to australia casino last year, the 'ang moh' there just put AUD5 for each game...relaxing enjoying the game while sipping some juice/wine/beer.
but in malaysia genting, u can easily spot any ah pek or an-tee 'hoot' the roulette ..buying 18nos out of 36nos, or simply put rm500~rm1000 on each player/banker game...shouting 'picture!picture!' all nite long.
hahahaha......
gabjen ( Date: 14-May-2010 16:27) Posted:
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Oh I see,thanks.Anyway,you're right ,if depend on angmo customers to make $$$ on gambling , think 30years later still will have impairment loss |
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i had been to australia casino last year, the 'ang moh' there just put AUD5 for each game...relaxing enjoying the game while sipping some juice/wine/beer.
but in malaysia genting, u can easily spot any ah pek or an-tee 'hoot' the roulette ..buying 18nos out of 36nos, or simply put rm500~rm1000 on each player/banker game...shouting 'picture!picture!' all nite long.
hahahaha......
gabjen ( Date: 14-May-2010 16:27) Posted:
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Oh I see,thanks.Anyway,you're right ,if depend on angmo customers to make $$$ on gambling , think 30years later still will have impairment loss
OO123123 ( Date: 14-May-2010 16:09) Posted:
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they wanna wait for 2012 olympic in UK to boost the bisinnes
too bad , the 'ang mog' take gambling as leisure, but we asean is putting whole wealth on stake.. |
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Spectacular to ride, terrifying to watch only.
L..... ( Date: 14-May-2010 15:45) Posted:
| genting's share px is like their roller coaster at universal studios.. spectacular to watch, terrifying to ride on!! |
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Oh I see,thanks.Anyway,you're right ,if depend on angmo customers to make $$$ on gambling , think 30years later still will have impairment loss
OO123123 ( Date: 14-May-2010 16:09) Posted:
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they wanna wait for 2012 olympic in UK to boost the bisinnes
too bad , the 'ang mog' take gambling as leisure, but we asean is putting whole wealth on stake..
gabjen ( Date: 14-May-2010 16:02) Posted:
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Ya,the UK thing really puzzled me too,why don't they just let it go ?Hopefully the new gov in Britain will give a better prospect for the gambling sector. |
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huh...even if during that time make money also cant cover the loss they makingfor these past few reports right??? plus u r right ang mo not like chinese. what a pity i am so sure on RWS n itsnot misplace but why their UK haiz....anyway sold all liao not holding on liao broken heart haha
OO123123 ( Date: 14-May-2010 16:09) Posted:
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they wanna wait for 2012 olympic in UK to boost the bisinnes
too bad , the 'ang mog' take gambling as leisure, but we asean is putting whole wealth on stake..
gabjen ( Date: 14-May-2010 16:02) Posted:
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Ya,the UK thing really puzzled me too,why don't they just let it go ?Hopefully the new gov in Britain will give a better prospect for the gambling sector. |
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they wanna wait for 2012 olympic in UK to boost the bisinnes
too bad , the 'ang mog' take gambling as leisure, but we asean is putting whole wealth on stake..
gabjen ( Date: 14-May-2010 16:02) Posted:
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Ya,the UK thing really puzzled me too,why don't they just let it go ?Hopefully the new gov in Britain will give a better prospect for the gambling sector.
yummygd ( Date: 14-May-2010 15:45) Posted:
| and losing ALOT of money. last Q also same thing. their UK really HAi Si REN why r they still holding onto that casino?? got contract can't?? at least Sands they have Macau to cover n make up for their US op. |
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Hi iputer, heard you say you like lau lans . What is lau lan, anyway?
Well, hopefully next quarter they achieve higher revenue, then the price should be higher. I am vested on 5 lots bought at 59 cents long ago but not sold yet. Hope to sell at tp 1.50 hopefully next year.
Laulan ( Date: 14-May-2010 15:57) Posted:
Actually from the report, the gross profit is $180 million against the revenue of $460 Million. I am talking about gross profit, so ft means that for every $1 they spent abt 65 cents and made 35 cents. This to me is great business.
hotokee ( Date: 14-May-2010 15:46) Posted:
| The ratio of revenue and gross profit is appx 37 percent. It is not 65 percent. But anyway I think it is potential as you said so. I believe this share is good for long term. |
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Ya,the UK thing really puzzled me too,why don't they just let it go ?Hopefully the new gov in Britain will give a better prospect for the gambling sector.
yummygd ( Date: 14-May-2010 15:45) Posted:
and losing ALOT of money. last Q also same thing. their UK really HAi Si REN why r they still holding onto that casino?? got contract can't?? at least Sands they have Macau to cover n make up for their US op.
wishbone ( Date: 14-May-2010 15:41) Posted:
You are right. Whatever it is, whether know or don't know how to read the financial statement . The final result is LOSING MONEY. 
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