GentingSP: Acquires 68.6% of Goldnature Investments, a holding co with a 51% interest in Montbella Ltd which has interests in natural resource ventures. The acq price was US$60m and Goldnature has a NAV of US$16m…
Acq is to be paid in cash and both BVI companies will become Genting’s subsidiaries. Note that this appears to be a deviation from co’s core gaming business and although a relatively small acq, will not be read positively by mkt.
Acq is to be paid in cash and both BVI companies will become Genting’s subsidiaries. Note that this appears to be a deviation from co’s core gaming business and although a relatively small acq, will not be read positively by mkt.
sorry too  many of nicknames.....
 
icetomato ( Date: 18-May-2011 10:28) Posted:
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Haiyo epliew.... It's daniel lah... aka leinad
rotijai ( Date: 18-May-2011 10:10) Posted:
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young david?
eplepl ( Date: 18-May-2011 10:08) Posted:
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i think, it is coming back to 2.07 strongly.
 
genting sp also very strong..... the young david is right this time.... congratulation !
rotijai ( Date: 18-May-2011 09:25) Posted:
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i will support noble if it really goes down to 2.03 :)
eplepl ( Date: 18-May-2011 09:23) Posted:
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good ma.. i am waiting to short it when it goes near to 2.2
eplepl ( Date: 18-May-2011 09:22) Posted:
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noble could be just the CD issue....
rotijai ( Date: 18-May-2011 09:13) Posted:
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genting sp seems to going up again.
btw.. can try to buy stx.. though i have no vested..
the current price might be a bit risky..
may be 1.14-1.15..
just my opinion
i dont quite believe noble will break 2.02-2.03.. but let's see
eplepl ( Date: 18-May-2011 09:08) Posted:
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thanks!
let see if the noble react today to our expectation.....
 
alexchia01 ( Date: 17-May-2011 01:11) Posted:
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I don't believe in pattern formation, so I can't comment much on this.
The Main Reason I Short Noble Grp is because it falls below its Short-Term Trend Channel of $2.08 and formed a Black Candlestick. This is a Bearish Signal as long as it stays below $2.08.
But in the pre-close trading period, it shoot back to $2.08 with a White Candlestick. This took me by surprise.
At this stage, Noble Grp has a 50/50 chance of moving both ways.
If it moves up, the immediate resistance is at $2.15. If it breaks above this resistance, it can climb to $2.24. My stop-loss is at $2.15.
If it moves down, it could fall all the way to $1.92.
The next few trading days will be interesting to watch.
Leinadgnow ( Date: 16-May-2011 19:10) Posted:
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No, the lagging indicators are not in oversold region.
At this stage, I'm not using much lagging indicators, except for MACD.
I'm combining MACD, Trend Channel, Moving Averages and Candlesticks to give me a better reading.
eplepl ( Date: 16-May-2011 17:39) Posted:
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and 1 more thing alex.. if this bounce up, we are seeing a double bottom formation.. pretty tight man... what's your take on it? 
Alex.. noble macd bearish divergence... just exited the kumou.. possibily down.. only thing stopping me is that it's on the support line of 15/03 draw to the bottom at 06/05 to today.. might bounce of this given rsi is already close to oversold region. However, stochs and everything else suggest down .... so yea.. i would say short.
alex,
can i ask about the lagging indicators show oversold ?
alexchia01 ( Date: 16-May-2011 16:59) Posted:
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Possible. I short Noble Today.
 
rotijai ( Date: 16-May-2011 16:45) Posted:
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looking at noble..
drooling..
can it hit 2.01-2.02 ? :P
juicy what are buying today?
icetomato ( Date: 16-May-2011 15:13) Posted:
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