Genting Sing    Last:0.63   -

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This is a rare opportunity to load up more Genting SP .

 

Resistance at 1.95 with 10 million, unlikely to reach 1.95 today.

Support at 1.90 with 8 million. 

BullishTempo      ( Date: 23-Feb-2011 09:14) Posted: hi bro, not vested in GenSp at the moment. But look at the statement, 643 millions in profits for 2010 ! Which blue chip company, which bank, which whatever company in Singapore can achieve that?   And the analysts are saying it will be doubled to 1.2 billion dollars in 2011. So what do you think?   I am gonna use my cash account and invest in just this one counter.  Will keep for 5 years. Will buy on Friday probably. epliew      ( Date: 23-Feb-2011 09:11) Posted: hey BT, gap down is 9 cents.... wow.....   what say you..... did you buy or short it ? (short it the gap down is too much?)

 

are u trying to short it and buy back at opening price ?  let me see if i guess the other traders think the same ?

i am not playing anymore, unless u give me advice.

BullishTempo      ( Date: 23-Feb-2011 09:09) Posted: It already looks like it will close above opening price today. Forming a white candle.  BullishTempo      ( Date: 23-Feb-2011 09:06) Posted: Don't worry, they already sold away the UK operations to Genting Berhad. From 2011 onwards, they will be free from this  tumour.

 

Really, that's good.

But I'm afraid of the shortist as they seems in action to short the price lower... Unless the BB takes action to push up the  price.

BullishTempo      ( Date: 23-Feb-2011 09:09) Posted: It already looks like it will close above opening price today. Forming a white candle.  BullishTempo      ( Date: 23-Feb-2011 09:06) Posted: Don't worry, they already sold away the UK operations to Genting Berhad. From 2011 onwards, they will be free from this  tumour.

 

hi bro, not vested in GenSp at the moment.

But look at the statement, 643 millions in profits for 2010 !

Which blue chip company, which bank, which whatever company in Singapore can achieve that?  

And the analysts are saying it will be doubled to 1.2 billion dollars in 2011.

So what do you think?   I am gonna use my cash account and invest in just this one counter. 

Will keep for 5 years. Will buy on Friday probably.

epliew      ( Date: 23-Feb-2011 09:11) Posted: hey BT, gap down is 9 cents.... wow.....   what say you..... did you buy or short it ? (short it the gap down is too much?)

 

Downward trend. sell before it is too late. now 1.93

 

wow... open already like this... wait till lunch

 

scary.. phew

BullishTempo      ( Date: 23-Feb-2011 09:09) Posted: It already looks like it will close above opening price today. Forming a white candle.  BullishTempo      ( Date: 23-Feb-2011 09:06) Posted: Don't worry, they already sold away the UK operations to Genting Berhad. From 2011 onwards, they will be free from this  tumour.

 

BT, so can enter? since its below $2?

BullishTempo      ( Date: 23-Feb-2011 09:09) Posted: It already looks like it will close above opening price today. Forming a white candle.  BullishTempo      ( Date: 23-Feb-2011 09:06) Posted: Don't worry, they already sold away the UK operations to Genting Berhad. From 2011 onwards, they will be free from this  tumour.

 

hey BT,

gap down is 9 cents.... wow.....

 

what say you..... did you buy or short it ? (short it the gap down is too much?)

 

Ya but it has affected its 2010 overall results. :(

Are the shortist in action now?

It's a gap down on opening. Best not to trade on post earnings, huh?

BullishTempo      ( Date: 23-Feb-2011 09:06) Posted: Don't worry, they already sold away the UK operations to Genting Berhad. From 2011 onwards, they will be free from this  tumour.  crystal1818      ( Date: 23-Feb-2011 09:01) Posted: Hmm, they shouldn't acquire UK operations in the first place... Hope the market will disregard the loss contributed  from UK operations.

 

It already looks like it will close above opening price today.

Forming a white candle. 

BullishTempo      ( Date: 23-Feb-2011 09:06) Posted: Don't worry, they already sold away the UK operations to Genting Berhad. From 2011 onwards, they will be free from this  tumour.  crystal1818      ( Date: 23-Feb-2011 09:01) Posted: Hmm, they shouldn't acquire UK operations in the first place... Hope the market will disregard the loss contributed  from UK operations.

 

Don't worry, they already sold away the UK operations to Genting Berhad.

From 2011 onwards, they will be free from this  tumour. 

crystal1818      ( Date: 23-Feb-2011 09:01) Posted: Hmm, they shouldn't acquire UK operations in the first place... Hope the market will disregard the loss contributed  from UK operations.  BullishTempo      ( Date: 23-Feb-2011 08:55) Posted: Actually no idea, GenSp always never fails to surprise me. But I doubt there will be a 20-cent drop like Q3, this is a company that generated 643 millions in profits for 2010. Its the UK operations that screwed up the numbers.

 

Thanks, epliew.

Not taking any action have been stayed out of the market before CNY...  

epliew      ( Date: 23-Feb-2011 08:55) Posted: please be wise...... get out if possible...... BB in actions.... double edge sword..... crystal1818      ( Date: 23-Feb-2011 08:46) Posted: Hmm, BT what's your take on Gen SP when the market open? Thanks

 

lucky u, i cut lost yesterday, lost 1k plus....

 

rotijai      ( Date: 23-Feb-2011 08:58) Posted: should be about 5 cents.. anyway i m gonna cut.. 1 lot anyway BullishTempo      ( Date: 23-Feb-2011 08:55) Posted: Actually no idea, GenSp always never fails to surprise me. But I doubt there will be a 20-cent drop like Q3, this is a company that generated 643 millions in profits for 2010. Its the UK operations that screwed up the numbers.

 

Hmm, they shouldn't acquire UK operations in the first place...

Hope the market will disregard the loss contributed  from UK operations. 

BullishTempo      ( Date: 23-Feb-2011 08:55) Posted: Actually no idea, GenSp always never fails to surprise me. But I doubt there will be a 20-cent drop like Q3, this is a company that generated 643 millions in profits for 2010. Its the UK operations that screwed up the numbers.  crystal1818      ( Date: 23-Feb-2011 08:46) Posted: Hmm, BT what's your take on Gen SP when the market open? Thanks

 

Indeed,look at the cashflow they generated FY2010

BullishTempo      ( Date: 23-Feb-2011 08:55) Posted: Actually no idea, GenSp always never fails to surprise me. But I doubt there will be a 20-cent drop like Q3, this is a company that generated 643 millions in profits for 2010. Its the UK operations that screwed up the numbers.  crystal1818      ( Date: 23-Feb-2011 08:46) Posted: Hmm, BT what's your take on Gen SP when the market open? Thanks

 

should be about 5 cents..

anyway i m gonna cut.. 1 lot anyway

BullishTempo      ( Date: 23-Feb-2011 08:55) Posted: Actually no idea, GenSp always never fails to surprise me. But I doubt there will be a 20-cent drop like Q3, this is a company that generated 643 millions in profits for 2010. Its the UK operations that screwed up the numbers.  crystal1818      ( Date: 23-Feb-2011 08:46) Posted: Hmm, BT what's your take on Gen SP when the market open? Thanks

 

i hoping to get some post CNY goodies this morning. 

rabbitfoot      ( Date: 23-Feb-2011 08:52) Posted: Dont tension. Wont drop much one. Already see some married shares near 2

 

please be wise...... get out if possible...... BB in actions.... double edge sword.....

crystal1818      ( Date: 23-Feb-2011 08:46) Posted: Hmm, BT what's your take on Gen SP when the market open? Thanks. BullishTempo      ( Date: 22-Feb-2011 19:04) Posted: You are right. The only thing is the UK operations screwing up the numbers. So yeah, it depends on how the market interprets the data now.