Genting Sing    Last:0.63   -

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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. 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.

 

Dont tension. Wont drop much one. Already see some married shares near 2

 

Bid	Bid Vol	Ask Vol	Ask
2.080	25,000	215,000	1.700
2.070	21,000	4,000	1.780
2.050	226,000	18,000	1.790
2.020	20,000	206,000	1.800
2.010	34,000	10,000	1.820
2.000	478,000	26,000	1.850
1.990	137,000	334,000	1.860
1.980	344,000	3,403,000	1.880
1.970	4,605,000	203,000	1.890
1.960	2,695,000	2,461,000	1.900
1.950	5,069,000	369,000	1.910
1.940	2,130,000	342,000	1.920
1.930	403,000	208,000	1.930
1.920	1,136,000	1,251,000	1.940
1.910	4,130,000	3,431,000	1.950
1.900	5,377,000	1,687,000	1.960
1.890	4,403,000	986,000	1.970
1.880	1,580,000	1,216,000	1.980
1.870	507,000	4,907,000	1.990
1.860	1,025,000	4,469,000	2.000

sinetic8      ( Date: 23-Feb-2011 08:45) Posted: market depth anyone?

 

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.  Citigold      ( Date: 22-Feb-2011 19:02) Posted: In short,Genting SP had net profit of $657million FY2010. Bullish news for me but not sure how the market will react to it .

 

market depth anyone?

 

Time to short it to 1.86 and buy back.

What do you guys think?

 

‘Battlestar Galactica’ to boost Genting Singapore’s profit: Update Tags: Citigroup Inc | Genting Berhad | Genting Singapore | Las Vegas Sands | Resorts World Sentosa Written by Bloomberg    Tuesday, 22 February 2011 23:05 Article Index ‘Battlestar Galactica’ to boost Genting Singapore’s profit: Update Transformers ride Tourism revenue All Pages Page 1 of 3 Share this Digg Del.icio.us StumbleUpon Netscape Yahoo Technorati Googlize this Facebook Export PDF Print E-mail Paul Wilkie was out of breath as he got off the Battlestar Galactica roller coaster at Universal Studios Singapore. “It was unbelievable, I’m still dizzy.” Wilkie, 28, who works at a radio station in Australia, also plans to drop by the casinos run by Genting Singapore Plc and Las Vegas Sands Corp., where he and his friends will bet on poker, blackjack and “really anything and everything.”   Genting Singapore, which runs the theme park, reported recurring profit of $657 million in the first year of its Resorts World Sentosa, and is relying on visitors like Wilkie to boost revenue. Earnings at the world’s third- biggest casino company by market value may surge this year, according analysts surveyed by Bloomberg.   Singapore’s two casinos are benefiting from the attractions at Resorts World Sentosa’s theme park, said Aaron Fischer, a Hong Kong-based analyst at CLSA Ltd. “The casinos are a major draw card, but Universal Studios is also providing Resorts World and Las Vegas Sands’ Marina Bay with new customers, which provide a more predictable revenue base and generate higher margins.”   COMPONENT FAILURE Tickets to the park were sold out on online yesterday as Universal Studios staged an official reopening of the attraction based on the Battlestar Galactica television series after shutting it down for almost a year to fix a “ride component failure.”   Genting Singapore has surged almost fivefold in the past two years in Singapore trading, making it Asia’s second-biggest casino company by market value.   Full-year profit for the casino operator announced today missed the US$615 million ($787 million) average forecast of 21 analysts surveyed by Bloomberg as financing costs increased and high-stakes gamblers got lucky. Net income will reach $1.12 billion this year, according to the analysts’ average estimate.   “We are not changing our positive view, which is based on the huge free cash flow generated by the property,” Fischer said after the earnings announcement. Last year’s profit from continuing operations of $657 million, compares with a year-ago loss of $282 million.   Fourth-quarter adjusted earnings before interest, taxes, depreciation and amortization of $386 million matched his estimate, Fischer said. TRANSFORMERS RIDE The $4.7 billion Resorts World also plans to open a marine museum, a water park and two hotels starting from the middle of the year. Another ride based on the Transformers movies may open by the end of the year, according to the company.   Singapore’s casinos have provided “a new leg of growth for the Singapore economy,” said Song Seng-Wun, an economist at CIMB Research Pte. in Singapore. “If the macro environment continues to stay favorable, there’s no reason that the resorts won’t be able to attract a steady stream of visitors.”   The city state’s economy grew by a record 14.5% last year, helped by the $420 million in net revenue contributed by Genting Singapore and Las Vegas Sands Corp.   Genting Singapore’s “more holistic approach” will help growth in the coming year, said Carey Wong, senior investment analyst at OCBC Investment Research Pte. “Somebody with the excuse to bring their families for an outing to Universal Studios is also more prepared to spend money at the casino.”   CASH FLOW Today’s earnings report “threw our numbers a little bit,” Wong said. Still, “cash flow wise, they’re pretty good," he said, citing Genting Singapore’s $298.7 million net cash inflow from operating activities in the fourth quarter. For the full year, cash flow was S$1.41 billion.   The reopening of the Battlestar Galactica ride ‘‘will allow for a 20 to 25% increase in ticket sales,” said Fischer, who forecast earnings before interest, taxes, depreciation and amortization of $2 billion this year for Genting Singapore.   Some of the visitors to the theme park will visit the casinos, said Huei Suen Ng, who covers gambling companies with Fischer at CLSA. They recommend buying Genting Singapore’s stock.   Vincent Khoo, an analyst at UOB Kay Hian Holdings, predicts a more modest profit of S$886 million, because of the “fairly developed market” the company operates in. “I can’t see how the industry can grow leaps and bounds,” and the non- casino businesses may contribute less than 10 percent to the company’s growth, he said. TOURISM REVENUE Genting Bhd., owner of a controlling stake in the Resorts World operator, on Feb. 7 fell 3.9% to 10.90 ringgit in Kuala Lumpur trading after Citigroup Inc. cut its revenue forecast for the Singapore casino unit.   Still, Singapore aims to attract 17 million visitors and triple annual tourism revenue to $30 billion by 2015. Tourism revenue in the Southeast Asian economy with the highest gross domestic product per capita rose 49%  to $18.8 billion last year.   Las Vegas Sands announced on Feb. 17 it plans to ask Singapore for more land because it’s running out of space at its US$6 billion Marina Bay Sands, which houses a sky park and a 160 meter-long swimming pool atop three 55-floor hotel towers, along with its casino, convention facilities, shops and restaurants.   The casino resorts’ “amenities will result in attracting higher volumes of mass-market tourism traffic,” said Jonathan Galaviz, who analyzes tourism and the gambling industry as managing director of Galaviz & Co.   “Multibillion dollar integrated resorts need thousands of people providing foot traffic everyday. Having only a few hundred millionaires roaming around won’t cut it in the long-run.”   Out of Singapore’s 11.6 million visitors last year, 4.8 million, or 41%, were from Southeast Asia, according to government figures. Chinese tourists came in second at 1.2 million, or 10%.   Hentje Pongoh, a coal trader from Indonesia, spent a whole day at Universal Studios Singapore, drawn by rides such as the Battlestar Galactica roller coaster. While he ran out of time to gamble, the 39-year-old said he will return “maybe next month” to visit Resorts World Sentosa’s casino.

 

Bro, find somethings else to do which  are meaningful. day and night thinking of stock market can harm your health and growth.

for day trader, no buy one la. reason very simple, sell and sell makes more money. like casinos, accepts many small bets would earn more than VIP room (one big bet) betting. selling goes quicker than buying, less likey to go wrong. Historic chart olso got shown wah.

bladez87      ( Date: 22-Feb-2011 22:50) Posted: i hear a voice, it says short! even if not at opening, cause BB might want play a reversal trap...

 

 

Old tricks won't work anymore in this new environment...

KiLrOy      ( Date: 22-Feb-2011 23:39) Posted: cycles (both economics & technicals) and are getting  smaller/shorter now so cant get any 'greedier'.  Most of my indicators, i have already switched from 40 days to  12-20 days period. Those 300 days MA is starting to make no sense with the world's disorderly chaos. True it does filter out the noises, but these days those noises has a longer term repercussion which also trigger  new disorderly event.  Its like a mutated virus~ krisluke      ( Date: 22-Feb-2011 23:29) Posted: ya hor. play share is suppose at 1.5 years ago (world market crash). Buy on technical (3-5 years low).

 

stock market don't make much one la. think about time, energy and effort would take you a few golden years to understand the word " market(s)" .

Analysts and technical technicians also make comparsion at this moment situation. Take 5-10 years down the road, who knows this company still around or maybe not.  Classic aunties / uncles fav stocks might become " white elephant" liao. One good example is singland... daily low vol, price movement quite subjective...

KiLrOy      ( Date: 22-Feb-2011 23:39) Posted: cycles (both economics & technicals) and are getting  smaller/shorter now so cant get any 'greedier'.  Most of my indicators, i have already switched from 40 days to  12-20 days period. Those 300 days MA is starting to make no sense with the world's disorderly chaos. True it does filter out the noises, but these days those noises has a longer term repercussion which also trigger  new disorderly event.  Its like a mutated virus~ krisluke      ( Date: 22-Feb-2011 23:29) Posted: ya hor. play share is suppose at 1.5 years ago (world market crash). Buy on technical (3-5 years low).

 

cycles (both economics & technicals) and are getting  smaller/shorter now so cant get any 'greedier'.  Most of my indicators, i have already switched from 40 days to  12-20 days period. Those 300 days MA is starting to make no sense with the world's disorderly chaos. True it does filter out the noises, but these days those noises has a longer term repercussion which also trigger  new disorderly event.  Its like a mutated virus~

krisluke      ( Date: 22-Feb-2011 23:29) Posted: ya hor. play share is suppose at 1.5 years ago (world market crash). Buy on technical (3-5 years low).    tiancai007      ( Date: 22-Feb-2011 23:17) Posted: I think MCYS should start a advertistment telling Singaporeans not to play with shares, like the one they have with gambling (Remember the father telling the daughter 'one last chance' and the little girl with the piggy bank). LO

 

quite true. any how handam olso can.. SGX must come out with somethings special. For examples, 24 hours ST future  index (main board) and VIX future (votality asia index) for comsumers.  It's cool ... ^^

leoleo      ( Date: 22-Feb-2011 23:25) Posted: non stop trading postpone until when?I'm waiting for this time to come.I think no need to digest analysis rpt as not accurate,any how handam , most are nonsense as they are only guessssss. krisluke      ( Date: 22-Feb-2011 23:11) Posted: iphone, work time observes market movement through mobile. +1.5hrs cooling off period to think what to buy/sell after digesting the analyst report. Luckily, non stop trading was postphoned or else olso don't know how to react like today, ST index plummet... perhaps see 2nd quarters(June) / 3rd Q (september)  how... for this year. Now, many are eyeing the bottom see pe(ttm) and think abt the odd..

 

market reaction slightly over

Today, the market showing a sharp decline in the trend of heavy volume. Surface morning news today, Middle East turmoil led to greater volatility in global markets, oil prices rose to a new high record for 2 years the domestic front, China Banking Regulatory Commission said it is monitoring on the use of four new tools for commercial banks to implement the new prudential framework for the drafting of guidance documents, and will soon be out of ā 5 brag Sui Huan Gong disadvantages ㄏ Tenth   Picnic prostitute? - " Heavy Metal Pollution Integrated Control," second Five-Year " plan" recently by the State Council officially approved. Today, both morning Stock Index opened slightly higher, stock index hit a 2944 high of this rally point, then the market showing a downward trend Zhu Bo, is heavy volume sell into the late, closing the fall of 2900 when the stock index points. Decline in the market today is obviously subject to factors outside the disk burst stimulation, the market response to slightly over-estimated relatively limited room for downward adjustment in the stock market index is expected to gradually stabilize bottom.

Recently, Libya and other Middle Eastern countries as tensions, oil prices, gold prices soared, investors worried about future global economic recovery, leading to widespread European and Asian countries the market fell sharply, and then make the A-share market has been clobbered. But from a historical point of view, the precipitating factors that are often more short-term impact on the market will form a larger moment of impact, when the situation eased back to the original index in turn is driven by economic growth trends among the running . So, for today's adjustments, do not panic too much. To look at, or relatively stable domestic environment, the recent regulation of the domestic property market conditions in major cities have been put forward, greatly strengthening the real estate control results, before and after the policy is expected to face two sessions will be mainly the implementation of existing regulatory policies, the introduction of more stringent regulation policy is unlikely. After today's plunge in the short term, no real estate heavyweights have dropped down, and if they can effectively stabilized and stabilized market focus, followed by other small and medium market segment is expected a strong rebound, in this case, the index will be difficult to appear more substantial adjustments.

 

 

The Dow opening is already 'pengsan'...

 

ya hor. play share is suppose at 1.5 years ago (world market crash). Buy on technical (3-5 years low).   

tiancai007      ( Date: 22-Feb-2011 23:17) Posted: I think MCYS should start a advertistment telling Singaporeans not to play with shares, like the one they have with gambling (Remember the father telling the daughter 'one last chance' and the little girl with the piggy bank). LOL iPunter      ( Date: 22-Feb-2011 23:08) Posted: There's nothing wrong with playing shares per se... it is good betting medium...     The problem really lies with a grossly wrong understanding of the market.           Especially the wrong notion that fundamentals is everything.                 But the fact is as stocks go significantly up and down, fundamentals are really irrelevant...

 

non stop trading postpone until when?I'm waiting for this time to come.I think no need to digest analysis rpt as not accurate,any how handam , most are nonsense as they are only guessssss.

krisluke      ( Date: 22-Feb-2011 23:11) Posted: iphone, work time observes market movement through mobile. +1.5hrs cooling off period to think what to buy/sell after digesting the analyst report. Luckily, non stop trading was postphoned or else olso don't know how to react like today, ST index plummet... perhaps see 2nd quarters(June) / 3rd Q (september)  how... for this year. Now, many are eyeing the bottom see pe(ttm) and think abt the odd..   tiancai007      ( Date: 22-Feb-2011 21:41) Posted: Quit playing shares once and for all. Take 1,2 years to earn back the losses and never touch shares again... That's the best way to deal with it..

 

Seriously, why not?

  But actually there exists already warnings in disclosure statements by

        broking firms to the effect that losses can occur in stock market activities.....

tiancai007      ( Date: 22-Feb-2011 23:17) Posted: I think MCYS should start a advertistment telling Singaporeans not to play with shares, like the one they have with gambling (Remember the father telling the daughter 'one last chance' and the little girl with the piggy bank). LOL iPunter      ( Date: 22-Feb-2011 23:08) Posted: There's nothing wrong with playing shares per se... it is good betting medium...     The problem really lies with a grossly wrong understanding of the market.           Especially the wrong notion that fundamentals is everything.                 But the fact is as stocks go significantly up and down, fundamentals are really irrelevant...

 

most prob lau sai tmr for genting. But revenue (bringing business into corp) is good. let's say BBs optimistic then can see some base line support. when days gone by, $ is more important, becos net profit less can mean your dollar invest might not be safely guarded...

mix report. likely down then up, i think...

rotijai      ( Date: 22-Feb-2011 22:01) Posted: some news are bad.. some are good.. lol i hope it's a neutral stand :P

 

I think MCYS should start a advertistment telling Singaporeans not to play with shares, like the one they have with gambling (Remember the father telling the daughter 'one last chance' and the little girl with the piggy bank). LOL

iPunter      ( Date: 22-Feb-2011 23:08) Posted: There's nothing wrong with playing shares per se... it is good betting medium...     The problem really lies with a grossly wrong understanding of the market.           Especially the wrong notion that fundamentals is everything.                 But the fact is as stocks go significantly up and down, fundamentals are really irrelevant...