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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.
Laulan ( Date: 14-May-2010 15:30) Posted:
| Sorry, for every $1 collected, Genting makes 65 cents. |
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Paiseh, paiseh. Ipunter is always right. The man with the Golden Fleeece is also right always. Hehehe.
iPunter ( Date: 14-May-2010 15:45) Posted:
This is another reason why I say lau lan means lau lan... And also why many accountants and businessmen go "pok!" when playing the stock market... But they are good in their own respective professions, though... 
Laulan ( Date: 14-May-2010 15:18) Posted:
| Not all players are accounting inclined like yourself Mr. Loyfam88. And not all investors are astute businessman like Cheongwee. If investor is an accountant and player is a businessman, both their views will be different from the ordinary retail players. so that is why there are people buying and people selling shares. |
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I think even MR CHAIRMAN off loaded his shares liao right?? think read it before someone posted.
iPunter ( Date: 14-May-2010 15:45) Posted:
This is another reason why I say lau lan means lau lan... And also why many accountants and businessmen go "pok!" when playing the stock market... But they are good in their own respective professions, though...
Laulan ( Date: 14-May-2010 15:18) Posted:
| Not all players are accounting inclined like yourself Mr. Loyfam88. And not all investors are astute businessman like Cheongwee. If investor is an accountant and player is a businessman, both their views will be different from the ordinary retail players. so that is why there are people buying and people selling shares. |
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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.
Laulan ( Date: 14-May-2010 15:30) Posted:
| Sorry, for every $1 collected, Genting makes 65 cents. |
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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. 
alexchia01 ( Date: 14-May-2010 15:22) Posted:
This is not right. If your right hand is collecting money and your left hand is giving away more money. Do you consider yourself getting richer or poorer? |
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genting's share px is like their roller coaster at universal studios.. spectacular to watch, terrifying to ride on!!
This is another reason why I say lau lan means lau lan...
And also why many accountants and businessmen go "pok!" when playing the stock market...
But they are good in their own respective professions, though...
Laulan ( Date: 14-May-2010 15:18) Posted:
| Not all players are accounting inclined like yourself Mr. Loyfam88. And not all investors are astute businessman like Cheongwee. If investor is an accountant and player is a businessman, both their views will be different from the ordinary retail players. so that is why there are people buying and people selling shares. |
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You are right. Whatever it is, whether know or don't know how to read the financial statement . The final result is LOSING MONEY.
alexchia01 ( Date: 14-May-2010 15:22) Posted:
This is not right. If your right hand is collecting money and your left hand is giving away more money. Do you consider yourself getting richer or poorer?
loyfam88 ( Date: 14-May-2010 13:22) Posted:
| From a accounting perspective, their loss is due to impairment loss in UK operations. Impairment arises out of accounting treatment. Excluding this, they are making profit. To me, this is actually a good sign if you know how to read financial statement. |
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i am new also. haha but the transcation on the live page someone keep buying 1 lot at 0.99 before in the morning until recently someone keep buying up one lot thats why flew so high till touch 1.03 now think the someone offloaded his stocks so now either he left a few n trying to offload at 0.99 or he now covering his short at 1.03 haha my feeling la ok.
OO123123 ( Date: 14-May-2010 15:38) Posted:
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1 lot sell down??
what do you mean?
pls advise, i am a newbie here...kamsiah
yummygd ( Date: 14-May-2010 15:34) Posted:
| bb covering short haha haiz. can't play now 1 lot selldown |
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This is clear cut of selfishness for own interest These
ppls r holding the shares and they entice others to buy
hoping to push up the share px. for them to sell. A very
good example, before CNY pre opening RWS. Many ppls got
stuck around $1.25. Trade with care.
freshmind, keep posting to share.
freshmind ( Date: 14-May-2010 15:04) Posted:
I have a same feeling that I have when the time the price hit above 1.20, there is still many ppl keep buying up to 1.30. If you look at the current situation, it is surprising some ppl still keep calling ppl to buy this shares after the report issued out. It's weird and i decided to stop here and leave this counter in short term. That's so many choice in the share market, don't play with the BBs when they try to make their big money from poor retail buyers or we may end up the big losers.
yummygd ( Date: 14-May-2010 14:59) Posted:
| i think it is so obvious the one lotter buying up is Big dogs offloading to unknown retaliers. haiz. I am seriously thinking that no position now since i sold all my shares away. |
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Some perspective. If they now have a one time gain but losing operational. That is more worrying as that shows the results is not sustainable.
1 lot sell down??
what do you mean?
pls advise, i am a newbie here...kamsiah
yummygd ( Date: 14-May-2010 15:34) Posted:
| bb covering short haha haiz. can't play now 1 lot selldown |
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siti norhaliza bank?? that bank??
machineoperator ( Date: 14-May-2010 15:18) Posted:
who ever it is the one that get this really wrong is the one with C@#Bank..... coz they have been saying genting SP only worth 77ct of something like that .... 
rickyw ( Date: 14-May-2010 11:23) Posted:
some broker said TP$1.20, another broker said fair price $0.88
which one is correct? haiyoh...i just said...trend is ur friend, when it must be down then it should be down, if otherwise must be some trick or better dont touch..... |
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Hopefully the impairment is one off.
Their ability to make money operational is very important for long term view.
alexchia01 ( Date: 14-May-2010 15:22) Posted:
This is not right. If your right hand is collecting money and your left hand is giving away more money. Do you consider yourself getting richer or poorer?
loyfam88 ( Date: 14-May-2010 13:22) Posted:
| From a accounting perspective, their loss is due to impairment loss in UK operations. Impairment arises out of accounting treatment. Excluding this, they are making profit. To me, this is actually a good sign if you know how to read financial statement. |
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bb covering short haha haiz. can't play now 1 lot selldown
Sorry, for every $1 collected, Genting makes 65 cents.
dumping ended
rickyw ( Date: 14-May-2010 15:20) Posted:
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The potential is great, that is why prices are moving up. The profit is "used up" for the other items not constituting the core business, I think so. But on the whole for every $10 GS received, it made 65 cents. Next round would be better if without such impairment.
This is not right.
If your right hand is collecting money and your left hand is giving away more money.
Do you consider yourself getting richer or poorer?
loyfam88 ( Date: 14-May-2010 13:22) Posted:
| From a accounting perspective, their loss is due to impairment loss in UK operations. Impairment arises out of accounting treatment. Excluding this, they are making profit. To me, this is actually a good sign if you know how to read financial statement. |
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dumping start....
