Genting Sing

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yeah! =D

bladez87 ( Date: 09-Feb-2011 09:57) Posted:

sunvic very strong bull run sia

The stock market is often about surprises...

Things often happen when they are least expected... Smiley

risktaker.. how do u know/illustrate all these?

who is zhou yu?

risktaker ( Date: 09-Feb-2011 09:56) Posted:

Are you Dreaming ? DO you know what Cao Cao just did this morning...

Cao Cao just offloaded 5000 lots to Zhou Yu ...... Zhou Yu is being attacked atm....

Leinadgnow ( Date: 09-Feb-2011 09:19) Posted:

looking at 2.11 to 2.13 in the next 2 days... good luck all vested (:

sunvic very strong bull run sia

Are you Dreaming ? DO you know what Cao Cao just did this morning...

Cao Cao just offloaded 5000 lots to Zhou Yu ...... Zhou Yu is being attacked atm....

Leinadgnow ( Date: 09-Feb-2011 09:19) Posted:

looking at 2.11 to 2.13 in the next 2 days... good luck all vested (:

Feb 9: China rate hike may weigh on Singapore stocks, Total Access in focus

WRITTEN BY THOMSON REUTERS

WEDNESDAY, 09 FEBRUARY 2011 08:21

SINGAPORE

The market closed slightly down on Tuesday. The Straits Times index is currently very close to its horizontal support at 3180. 30% of the index constituents closed above their 20D MA on Tuesday (vs 47% on Monday).

DBS Group (DBS) is in the process of launching a range of offshore products denominated in the Chinese yuan (DJ).

Wilmar International (WIL) said it won approval from the Securities & Exchange Commission of Ghana to acquire Benso Oil Palm Plantation. In other news, the Co plans to invest $900m to construct crude palm oil derivatives plants in Indonesia, according to the Industry Minister of Indonesia

STI sitting at support around 3185.

If Shanghai decides to rally today, STI will bounce up like a coiled spring to around 3200.

If Shanghai decides to tank because of interest rate hike, STI will break support at 3180 and find support further down at around 3160.

BullishTempo ( Date: 09-Feb-2011 03:15) Posted:

The earlier hike was a bank reserve ratio hike, not interest rate hike.

The previous hike was fully factored into the market so the market rallied the next day.

Tomorrow really depends on Shanghai. Much of this news might have factored into STI on Monday and Tuesday already.

rotijai ( Date: 09-Feb-2011 00:16) Posted:

hm.. another interest rate hike just 2 weeks after the earlier hike?

....

The earlier hike was a bank reserve ratio hike, not interest rate hike.

The previous hike was fully factored into the market so the market rallied the next day.

Tomorrow really depends on Shanghai. Much of this news might have factored into STI on Monday and Tuesday already.

rotijai ( Date: 09-Feb-2011 00:16) Posted:

hm.. another interest rate hike just 2 weeks after the earlier hike?

.....

BullishTempo ( Date: 26-Jan-2011 16:46) Posted:

Hi guys a quick update.

Just received news that the China rate hike is over and done with.

STI cleared 3200 and going towards 3220.

Target is 3250 before January is over.

Tonight FOMC meeting in the US. As long as FOMC is positive tone, rally will continue tomorrow for STI. Analysts expect FOMC meeting to be positive.

Many counters turning up from bearish tone and indicators are turning up.

This could be the time to buy-in, now that interest rate hike is over.

lau sai STI olso got somethings to buy

1) good buy: Singapore's property developers, eg citydev, hkland and capitaland

2) great buy: Sinagpore's bank stock, eg dbs, ocbc and oub

3) strong buy: genting singapore, wilmar

wednesday, all eyes on sse, don't think it will fall much.

tiancai007 ( Date: 09-Feb-2011 00:51) Posted:

Nice timing by the Chinese govt to announce the interest hike on the last day of the CYN holiday in China. Today China mkt closed, tomorrow open sure lao sai, followed by HSI.

rotijai ( Date: 09-Feb-2011 00:37) Posted:

BT, why the earlier hike pushed up the market but this hike may pull down the market tmr ?

Nice timing by the Chinese govt to announce the interest hike on the last day of the CYN holiday in China. Today China mkt closed, tomorrow open sure lao sai, followed by HSI.

rotijai ( Date: 09-Feb-2011 00:37) Posted:

BT, why the earlier hike pushed up the market but this hike may pull down the market tmr ?

hm.. another interest rate hike just 2 weeks after the earlier hike?

.....

BullishTempo ( Date: 26-Jan-2011 16:46) Posted:

Hi guys a quick update.

Just received news that the China rate hike is over and done with.

STI cleared 3200 and going towards 3220.

Target is 3250 before January is over.

Tonight FOMC meeting in the US. As long as FOMC is positive tone, rally will continue tomorrow for STI. Analysts expect FOMC meeting to be positive.

Many counters turning up from bearish tone and indicators are turning up.

This could be the time to buy-in, now that interest rate hike is over.

Sun Quan and Sima Yi olso ? ??

risktaker ( Date: 08-Feb-2011 22:33) Posted:

Zhuge Liang might join in tomorrow :P Since Cao Cao is already in.

Stock Code: GENS.SI
Company: Genting Singapore
Slug: Call raised to BUY as big spenders roll in
Date of Report: 07/02/2011
Producer: Mark Laudi

AmFraser analyst Gan Huey Ling is upgrading Genting Singapore to a BUY from a HOLD, with a price target of S$2.60, up from S$2.13, because she thinks the casino will make more money than expected, and other attractions at Resorts World Sentosa are yet to become well known with visitors.

Promotions, marketing campaigns and increased bus services should drive both.

The number of gaming tables should increase to 560 from 500 to cater for increased number of high rollers.

So-called junket operators, who bring in the big spenders, should also be licensed soon. Junket operators frequently provide local currency loans to mainland Chinese gamblers beyond the US$50,000 they are allowed to convert into hard currency.

The number of visitors should rise from 26,000 per day last year to 30,000 per day this year.

Universal Studios should see an increase from 10,000 a day to 18,000.

Battlestar Galactica should reopen after the ride was closed shortly after opening, and other attractions should welcome visitors this year, driving attendance.

Currently, there are up to 150 buses from Malaysia heading to Resorts World Sentosa.

Profit margins should slip slightly to 46% from 50%, as commissions are paid to junket operators, and higher payouts are made to high rollers.

Looking at Macau, says Gan, the growth trajectory should be higher than what she had factored in previously.

~INVESTOR CENTRAL’S TAKE~
Genting Singapore’s current ratios (by Reuters):
P/E: -
P/B: 9.52x
Free cashflow for FY2009: - S$2.068 bln vs - S$723 mln

Analysts surveyed by Reuters have on average an OUTPERFORM call on the stock with a price target of S$2.48, compared to its last traded price of S$2.06.

As always, please see your licensed financial advisor before making any investment decisions.

Zhuge Liang might join in tomorrow :P Since Cao Cao is already in.

Genting Singapore uptrend not in danger - AmFraser

Tags: AmFraser | Genting Singapore

WRITTEN BY DOW JONES & CO, INC

TUESDAY, 08 FEBRUARY 2011 16:18

Admittedly " going with the trend" is the height of market wisdom.

But in this regard, the hardest truth of all is how does one go with

a trend when there's no way to tell the trend? (*no indicator can predict a trend)

A trend can only be observed to happen as it occurs.

Only the market itself can show its own trend.

This is immediately evident from the very utterances

of analysts who invariably qualify their often profound analyses

with terms like 'may', 'should', 'probably', 'be cautious',

'at your own risk', etc. None can commit on a firm prediction.

But analyst will invariably be honestly proud when their

assumptions turn out to be correct... Smiley

belgeran ( Date: 08-Feb-2011 19:36) Posted:

ehh... time your entry, go with the trend of the counter and general market.

TA is a reference, just to support or provide you with the confidence that this entry is nicely timed entry...

dunno if its a good example.. but..just like playing guess small or big.... if big open 20 times and small open 1 time.. what are the odds big will open?.. what are the odds small will open?... no one knows )

iPunter ( Date: 08-Feb-2011 18:46) Posted:

I understand where you are coming from...

and I am not trying to beat around the bush... :)

If you can the lines, (and also between), you will know

what I am saying is that TA is only a reference for our betting...

And that the simpler our TA, the better

and the more 'indepth' or complicated our TA,

it makes absolutely no difference to the betting...

because all is still betting (on the outcome)... Smiley

STI off 0.2% but long-term uptrend intact - SIAS Research

WRITTEN BY DOW JONES & CO, INC

TUESDAY, 08 FEBRUARY 2011 14:53

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