Genting Singapore (G13.SG) last down 2.2% at $1.76 on profit taking after run-up to new 52-week high of $1.83 in early trade, says Dow Jones.
Pullback amid current gains by most other STI components not surprising given stock’s 43% rally since August 12, when gaming group announced return to profitability in 2Q10.
“We still like Genting Singapore, but the technical oscillators have become overbought,” says DBS Vickers, which has fundamental Buy call with $2.00 target; notes stock trading near consensus target price of $1.85.
Immediate support at 5-day moving average, last at $1.70.
Latest Forum Topics / Genting Sing Last:0.715 -- |
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GenSp starts to move up again
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cathylmg
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02-Sep-2010 15:23
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Yalor, saw the sell queue getting smaller and smaller...
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epliew
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02-Sep-2010 15:19
![]() Yells: "no worries be happy !" |
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wow. now 1.78 should have queue at 1.76>>>>>>> |
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Hulumas
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02-Sep-2010 15:11
![]() Yells: "INVEST but not TRADE please!" |
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Yes, Genting SP likes to be centre of attention counter.
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epliew
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02-Sep-2010 15:10
![]() Yells: "no worries be happy !" |
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but you got lot of cash on hand.... 63K to invest in one single counter ? wow..... can you add me as buddie and share with me what share to buy..... but I do not have so much cash on hand..... |
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BullishTempo
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02-Sep-2010 15:09
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hmm sorry, I am a guy and I am not gay...
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BullishTempo
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02-Sep-2010 15:08
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Tags: Genting Singapore | Genting Singapore Plc
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niuyear
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02-Sep-2010 15:07
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This one is pharoah88's wife, he knows her inside out...
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BullishTempo
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02-Sep-2010 15:07
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European markets opened with a gap-down. Dow Futures still down. I am not going in till next week man. |
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BullishTempo
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02-Sep-2010 15:04
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Very good observation. It is very interesting actually.....
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epliew
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02-Sep-2010 14:57
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15K and min. 25 K impressive |
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cathylmg
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02-Sep-2010 14:55
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Looks like 1.77 may not be there for long....selling queue slowing diminishing.... | ||||
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niuyear
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02-Sep-2010 14:50
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I am not big punter, hope you interested in my genting porfolio also! bot 0.925 x 50 lots , sold at 1.23 bot 1.27 50 lots - havent sold yet.
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pharoah88
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02-Sep-2010 14:47
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pharoah88
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02-Sep-2010 14:45
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every tIme DOW UP by 200 GENTING RESETS every tIme DOW dOwn by 200 GENTING ZOOMS |
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cathylmg
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02-Sep-2010 14:37
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Support is slowly coming back liao. Now 1.77 | ||||
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BullishTempo
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02-Sep-2010 14:36
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No...... It is like asking somebody what his salary is. But what I can say is this, what I make from trading is definitely much more than what I used to make as a software engineer. Cheers!
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epliew
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02-Sep-2010 14:31
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care to share how much u make ? | ||||
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BullishTempo
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02-Sep-2010 14:27
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With the money I made this year from this counter, I think I can afford to take a month off and come back in October and wait for the 3rd quarter results.... hehe... ![]() |
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epliew
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02-Sep-2010 14:26
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no worries, some people are buying again at 1.77 see you soon ! |
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Isolator
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02-Sep-2010 14:24
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Thank you for the support...in out... Will be back the time has come again... ![]() |
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