Genting HK US$

when people start to sell

ghost is back to buy ?

this is strange, who and why do you think he is trying to do ?

whenever  there is a strong BUY UP

this GENTING  HK  GHOST  will immediately

SET  the  PRICE  BACK.

for those who do not have  GENTING  HK

or  who do not have enough inventory of GENTING  HK

can  accumulate  more  at  desirable  prices.

GENTING HK  GHOST is one  SELLER  who every now and then sell  a million or two  to take profit during a  positive buying uptrend to stop the price from rising.

nOn-event means  there was  no  big  trade during that period. 

hi pharoah expert, what is your take on genting hk ?  it seem more buying than sell ?

Genting HK.

09:18:08 0.445 841 S
09:17:33 0.445 1,363 S
09:16:10 0.440 1,491 S
09:15:38 0.440 1,221 B
09:39:23 0.450 2,000 B
09:37:27 0.450 2,421 S
09:37:23 0.450 2,000 S
09:22:27 0.445 1,000 S
09:21:55 0.445 662 B
10:16:48 0.445 1,161 B
11:12:33 0.450 2,000 S

no head no tail leh .

 genting hk 1 year high is 0.55 usd rather then 0.54 

Genting HK.  - seems to be hit the oversold region ?

09:18:08 0.445 841 S
09:17:33 0.445 1,363 S

09:16:10 0.440 1,491 S

09:15:38 0.440 1,221 B

Late news better than no news.

Partial opening of complex taps regional boom

By Roel Landingin in Manila

Published: October 6 2009 01:11 | Last updated: October 6 2009 01:11

Though the global recession has not yet fully abated, revenues at more than a dozen Philippine casinos run by Pagcor, the state-owned gambling group, hit monthly records in August.

The opening of the Resorts World casino complex, located by a new international airport terminal, is a big boost to Manila’s efforts to tap into Asia’s gambling and tourism boom, which is being fuelled by rising affluence in China.

When completed by the end of the year, the new casino, which will occupy three floors of a new Maxims Hotel, will have more than 1,000 slot machines and over 300 gaming tables.

Also being built is a 342-room Marriott Hotel, luxury shops, restaurants, cinemas and a theatre that can seat 1,030 people.

With its newer and better-designed facilities, Resorts World could help triple casino revenues in Manila from 16.8bn pesos ($360m) in 2008 to 46bn pesos by 2010, around half of which will go to Travellers, according to a report from Macquarie Group.

More ambitious, the Philippines is trying to attract at least $15bn in private investments for a 10-year project to build a Las Vegas-style strip called Entertainment City. It will initially consist of four giant casino-centred hotel and entertainment complexes that gaming officials hope will boost annual tourist arrivals from 3m to about 15m. Construction is set to begin next year.

Pagcor said the opening of the Resorts World casino amid the global economic slowdown signified investors were confident about the Philippines’ potential as a tourism destination in Asia. Pagcor has also granted development licences to Philippine mall operator SM Group, Japanese slot machine maker Aruze and a group of Filipino and Australian investors.

hi expert,

hope this message finds you well.

what is ghost bear and non event ?  please advice.

• Genting HK is now a three-pronged gaming entity comprising Star Cruises in Asia, Norwegian Cruise Line (NCL) in the US, and Resorts World Manila (RWM) in the Philippines.
• At 26 US cents, the stock of Genting HK is trading at a significant discount to those of its peers and just close to its own net book value.
• Star Cruises started operating the Hong Kong-Taipei route in May 2009 and is seeing a sharp earnings recovery, thanks to savvy restructuring and an occupancy of 90 per cent. The fleet, valued at almost US$5 billion, gets two-thirds of its gaming revenue from the non-Singapore cruise business and its operating profit is expected to reach US$50 million this year.
• 50 per cent-owned NCL is back in the black, thanks to aggressive cost management and a strong wave of bookings. The latest vessel - the US$1.3 billion Norwegian Epic, which was launched in July - is expected to contribute to earnings this year, with a six-year payback.
• The jewel in Genting HK's crown has to be its 50 per cent-owned Resorts World Manila (RWM). Built at a cost of US$400 million - less than a tenth of what it cost to build each of the two IRs here - this is a pure casino play. The property, which is three times the size of its Sentosa sister, has been raking in the big bucks, thanks to its ability to leverage on the Genting group's network of high rollers and significantly lower gaming taxes (at 25 per cent).
• With a current daily gross win at its casino of US$1 million a day, Genting HK is expected by analysts to see a payback period of under five years - a truly remarkable return on investment.
• With its 30,000 square metres shopping mall due to open later this year, RWM is also seen by industry observers as being able to contribute almost US$40 million to Genting HK's bottom line this year, and some US$70 million net profit in 2011. This is even before it builds its planned mega casino-cum-theme park on its 37 hectare site. If it delivers on its potential, RWM could become the most profitable casino operator in the Asia Pacific in short order.
• There is speculation that Malaysian gaming tycoon Lim Kok Tay, who controls 72 per cent of Genting Hong Kong, could - at some point - decide that Genting HK's three profitable and independent businesses (Star Cruises, NCL and RWM) should be demerged and listed separately. Such a move would significantly boost shareholders' value.
• Genting HK, whose RWM has a domestic market base of 100 million people (versus 29 million for Genting Malaysia and five million for Genting Singapore), should in time replicate RWS's potential and further add to the group's value proposition.