Home
Login Register
Genting Sing    Last:0.73    -0.005

GenSp starts to move up again

 Post Reply 2021-2040 of 23260
 
dowcog
    22-Feb-2012 21:46  
Contact    Quote!
http://www.channelnewsasia.com/stories/singaporelocalnews/view/1184327/1/.html Cheong tmr. Confirmed.
 
 
wangerism
    22-Feb-2012 21:16  
Contact    Quote!


yes theres one in melb before crown. it went bust b4 packer family took over.

but anyways agree with u on genting direction tomolo. 

elmo99      ( Date: 22-Feb-2012 20:48) Posted:

  u gt heard b4 casino closed down?LOL... i only heard b4 they expand n not even a single casino closed down b4...haha...base on report n all i believe tomorrow if nth goes wrong genting shd be goin uptrend...

steadylar      ( Date: 22-Feb-2012 20:38) Posted:



ya, dunno tmr what bull story analysts will tell abt the results, but got earnings and dividends already is sweet. Anyway, so  far all the more than 20 analysts  nver could agree on the TP for genting, so which one you believe huh? casinos wont close shop right


 
 
elmo99
    22-Feb-2012 20:48  
Contact    Quote!
  u gt heard b4 casino closed down?LOL... i only heard b4 they expand n not even a single casino closed down b4...haha...base on report n all i believe tomorrow if nth goes wrong genting shd be goin uptrend...

steadylar      ( Date: 22-Feb-2012 20:38) Posted:



ya, dunno tmr what bull story analysts will tell abt the results, but got earnings and dividends already is sweet. Anyway, so  far all the more than 20 analysts  nver could agree on the TP for genting, so which one you believe huh? casinos wont close shop right?

SGG_SGG      ( Date: 22-Feb-2012 18:14) Posted:



better check detailed results ah. later they say FY2011 beat expectations but 4Q below expectations after strip a, b, c  all the way to z. then tomorrow sell down 10% all jaw drop.

  not vested, just kpo after seeing Wilmar pengsan.  Smiley


 

 
steadylar
    22-Feb-2012 20:38  
Contact    Quote!


ya, dunno tmr what bull story analysts will tell abt the results, but got earnings and dividends already is sweet. Anyway, so  far all the more than 20 analysts  nver could agree on the TP for genting, so which one you believe huh? casinos wont close shop right?

SGG_SGG      ( Date: 22-Feb-2012 18:14) Posted:



better check detailed results ah. later they say FY2011 beat expectations but 4Q below expectations after strip a, b, c  all the way to z. then tomorrow sell down 10% all jaw drop.

  not vested, just kpo after seeing Wilmar pengsan.  Smiley

 
 
uncleti88
    22-Feb-2012 19:57  
Contact    Quote!


seems to be rangebound between 0.36 and 0.38, breakout of any of these might tell the longer term trend and where it is heading

Uncle Ti 88
http://uncleti88.blogspot.com
----
I trade using the Commitments of Traders Report.
Follow the commercials. They buy we buy. They sell we sell.
 
 
chococoffee
    22-Feb-2012 19:16  
Contact    Quote!
brother  the 1 cent dividend means $10/- dividend for 1000 genting shares right?  Based on the latest result, if once  genting can get the junkets licence, is the share worth keeping? tks

seanpent      ( Date: 22-Feb-2012 18:49) Posted:



Bigger picture wise .....

Just do a simple maths on bellweathers like DBS and Capitaland ..... how much have both rallied from the bottom ..... and how much has Genting rallied from it's bottom ?  

Technically, Genting is very laggard ..... and awaiting an impulsive new upward wave ..... 

 

elmo99      ( Date: 22-Feb-2012 18:12) Posted:

$10 per lot will not make much different... but the profit will make a different...


 

 
seanpent
    22-Feb-2012 18:49  
Contact    Quote!


Bigger picture wise .....

Just do a simple maths on bellweathers like DBS and Capitaland ..... how much have both rallied from the bottom ..... and how much has Genting rallied from it's bottom ?  

Technically, Genting is very laggard ..... and awaiting an impulsive new upward wave ..... 

 

elmo99      ( Date: 22-Feb-2012 18:12) Posted:

$10 per lot will not make much different... but the profit will make a different...

tiancai007      ( Date: 22-Feb-2012 18:08) Posted:

Is this the 1st time Genting give dividend? If so, think tomorrow this will cheong. Those shorted will panic cover...


 
 
tiancai007
    22-Feb-2012 18:21  
Contact    Quote!
EBITDA is $399m, above expectation. 

krisluke      ( Date: 22-Feb-2012 15:32) Posted:

Genting SP: HSBC has results preview. House forecast RWS operations will generate $375m in EBITDA, flat with 3Q11 EBITDA of $375m. The 3Q11 result was assisted by a high win rate on VIP, which came in at 3.2% vs theoretical of 2.85%, although this was also impaired by higher provisions for bad debts.

Add that even if GENS’s 4Q is weaker than forecast, don’t believe this necessarily undermines investment thesis on GENS or 2012 forecasts. The 3Q and 4Q periods in 2011 were marked by significant global economic uncertainty, which caused many Asian casinos, including Genting, to become more cautious in granting credit to VIP players.

Believe the 2012 period provides a more certain regional economic outlook and, as such, an improved environment to issue new credit lines to VIP players. Overall, house reiterate Overweight rating with $1.99 TP and continue to apply a 10% premium to SOTP valuation. Globally, govts are facing fiscal pressure, and casinos remain an efficient policy tool for raising taxation rev.

 
 
steadylar
    22-Feb-2012 18:17  
Contact    Quote!


Genting's report is out! improvement over last qtr, and overall 2012 better than 2011, NAV increase slightly, EPS increase from 0.31ct to 8.37cts y-o-y.

Maiden dividend 1 ct, hahaha, dont know whether to laugh or to cry...nevertheless, one must be grateful, at least  genting wont look pai seh anymore.
 
 
tiancai007
    22-Feb-2012 18:17  
Contact    Quote!
I didnt expect any dividend. I thought they cannot declare any dividend because of the huge loan they took from banks. In any case, the result is good. Expect top volume tomorrow. But upside or downside is anyone's guess.  
 

 
SGG_SGG
    22-Feb-2012 18:14  
Contact    Quote!


better check detailed results ah. later they say FY2011 beat expectations but 4Q below expectations after strip a, b, c  all the way to z. then tomorrow sell down 10% all jaw drop.

  not vested, just kpo after seeing Wilmar pengsan.  Smiley
 
 
elmo99
    22-Feb-2012 18:12  
Contact    Quote!
$10 per lot will not make much different... but the profit will make a different...

tiancai007      ( Date: 22-Feb-2012 18:08) Posted:

Is this the 1st time Genting give dividend? If so, think tomorrow this will cheong. Those shorted will panic cover...

 
 
stykish
    22-Feb-2012 18:11  
Contact    Quote!
yes its the first time
 
 
tiancai007
    22-Feb-2012 18:08  
Contact    Quote!
Is this the 1st time Genting give dividend? If so, think tomorrow this will cheong. Those shorted will panic cover...
 
 
stykish
    22-Feb-2012 18:03  
Contact    Quote!
the report is good gl to all tml
 

 
Greenbean
    22-Feb-2012 18:01  
Contact    Quote!
eh, why sifu Isolator from Supreme become Member liao.  Is it same sifu?

lsolator      ( Date: 22-Feb-2012 11:47) Posted:

short this… don't follow me.. i only short for fun.. lol..

 
 
elmo99
    22-Feb-2012 18:01  
Contact    Quote!


0.01?haiz...

disappointed...

stykish      ( Date: 22-Feb-2012 17:56) Posted:

genting give 1 cent dividend

 
 
stykish
    22-Feb-2012 17:56  
Contact    Quote!
genting give 1 cent dividend
 
 
seanpent
    22-Feb-2012 17:15  
Contact    Quote!
Sifu .....  Smiley

iPunter      ( Date: 22-Feb-2012 17:10) Posted:



Understandably, many technical traders would have already

    shorted and waiting for the harvest... and also to cut loss if wrong... Smiley


seanpent      ( Date: 22-Feb-2012 17:05) Posted:

Is everyone's guess ..... 


 
 
iPunter
    22-Feb-2012 17:10  
Contact    Quote!


Understandably, many technical traders would have already

    shorted and waiting for the harvest... and also to cut loss if wrong... Smiley


seanpent      ( Date: 22-Feb-2012 17:05) Posted:

Is everyone's guess ..... 

seanpent      ( Date: 22-Feb-2012 16:57) Posted:



Buy in anticipation ..... sell on news ?

OR

Sell in anticipation ..... buy back on news ? 

 


 
Important: Please read our Terms and Conditions and Privacy Policy .