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Genting HK USD

Genting HK US$

1st Of ALL

yOu nEEd tO believe In yOurself

It was yOUr iNdecIsIOn

whIch caUsed yOu tO mIss the earlIer bOardIng

spicy88 ( Date: 03-Sep-2010 23:13) Posted:

I am believing you........being the newbie on stock exchange.....and it is a SHAME that I did not board the cruise today....Is it too late to board next Mon? pharoah88, please help. Thks

spicy88

PARADIGM is thIs.

WHITE HOT

RED HOT

HOT

WARM

stIll

DECiSiON must be your Own.

yOu mUst be prepared tO BEAR the rIsk

In Order tO seIze the OppOrtUnIty fOr prOfIt

As yOu were nOt ready tO assUme earlIer rIsk whIch Is Usually smaller

nOw yOu have tO take Later rIsk whIch Is Usually hIgher

EARLY bIrd always catches the wOrms ? ? ? ?

bUt majOrIty rather be LATE bIrds ? ? ? ? [becaUse Of UNdUe FEAR ?]

thOse whO are tOO LATE wIll have nO mOre wOrms ? ? ? ?

TRADE OFF is ALWAYS PRESENT ? ?

nO paIns nO gaIns ? ?

that Is the Investment GAME ?

ALL ASSESSMENTS are based On the knOwn infOrmatIOn

whIch are ASSUMED tO bE TRUE and FACTUAL.

thIs Is a 2 bIllIOn CAP stOck ?

and sO many Of Us are InvOlved ?

yOUr decIsIOn ?

gOOd lUck !

pharoah88 ( Date: 03-Sep-2010 18:01) Posted:

Barring ALL UNforseen cIrcumstances,

Cēterīs paribus

WARM UP ONLY

nOt yEt *RED HOT*

Target ^^^^^^^^ WHITE HOT ^^^^^^^^

kiwi77sg ( Date: 03-Sep-2010 17:45) Posted:

Pharoah88, u must be laughing all the way for this counter..

I am believing you........being the newbie on stock exchange.....and it is a SHAME that I did not board the cruise today....Is it too late to board next Mon? pharoah88, please help. Thks

e Genting HK US$	S21	i	--	USD	0.420	+0.120	+40.0	367,878,000	4,851,000	0.415	0.420	2,022,000	0.310	0.300	0.420	0.310	M	--	SGX	S21	GENH.SI
GENTING BHD	3182	i	CD	MYR	9.220	-0.260	-2.7	7,163,500	1,000	9.200	9.220	124,600	9.480	9.480	9.480	9.180	--	--	KLS	3182	GENT.KL
GENTING MYS BHD	4715	i	CD	MYR	3.040	0.000	0.0	6,810,600	58,700	3.020	3.040	159,900	3.020	3.040	3.040	3.000	--	--	KLS	4715	GENM.KL
Genting SP	G13	i	--	SGD	1.780	+0.020	+1.1	133,186,000	1,301,000	1.770	1.780	1,723,000	1.780	1.760	1.790	1.730	M	--	SGX	G13	GENS.SI
GentingSMBLeCW120402	J2UW	i	--	SGD	0.195	-0.015	-7.1	55,000	30,000	0.200	0.220	140,000	0.215	0.210	0.215	0.195	M	--	SGX	J2UW	GNML_td.SI
GentingSMBLeCW130103	L2PW	i	--	SGD	0.160	0.000	0.0	595,000	100,000	0.140	0.210	100,000	0.155	0.160	0.160	0.150	--	--	SGX	L2PW	GNML_tm.SI
GentingSMBLeCW130603	L0QW	i	--	SGD	0.200	-0.005	-2.4	255,000	15,000	0.200	0.210	15,000	0.200	0.205	0.205	0.200	M

BELIEF !

Indonesian smoking toddler kicks habit

Based On VEM SREENIVASAN's Analysis posted by Jamie

GENTING HK

wIll SOAR

USD1.00

In nO tIme

pharoah88 ( Date: 03-Sep-2010 21:29) Posted:

Originally Posted by Jamie

Business Times - 03 Sep 2010
Genting HK: a turnaround story

By VEN SREENIVASAN

SOMETIMES the headlines don't tell the whole story. A case in point is the recent results of Genting Hong Kong.

The company recently reported a first-half net profit of US$12 million, reversing a loss of US$34.5 million during the same period last year (though Genting HK was a different animal then). But after stripping out US$14.4 million in one-off gains, Genting HK turned in a core net loss of US$3 million for the first six months of this year, a figure which fell far short of analysts' estimates of some US$96 million.

But what the market appears to have missed is the fact that this company made a huge turnaround during its second quarter.

Genting HK, once known as Star Cruises, is a three-pronged US$1.9 billion market-cap gaming entity comprising Star Cruises in Asia, Norwegian Cruise Line (NCL) in the US, and Resorts World Manila (RWM) in the Philippines.

The interesting bits about the company emerged during a briefing provided by management a day after the Aug 28 results.

During the briefing, the company's management said gaming turnover numbers had exceeded all expectations during the second quarter, and hinted that the numbers in July and August continued to take off. Analysts and some of the more privileged investors were told that on some days, wins at its Manila casino could match any other casino in the world, based on return on capital invested.

The best daily win last month exceeded US$7 million, the equivalent of S$10 million. This should be a familiar number to anyone who recently followed the results unveiled by Genting Singapore's Resorts World Sentosa, which reported over S$900 million in revenue for the quarter, or S$300 million a month, which translates to S$10 million in takings per day.

The interesting thing is that RWM achieved this with minimal marketing effort and without the huge capital outlays of the Singapore casinos.

The casino, which is still in its early stages of development, currently operates 199 tables and 1,200 slot machines. This is expected to increase by 50 per cent when it opens its third gaming floor in the final quarter of this year. But RWM has also identified a second site, and has a gaming licence allowing it to operate some 2,000 tables and 7,000 slot machines over the two sites.

In comparison, RWS and Marina Bay Sands each have about 500 tables and 1,300 slot machines.

There is a nice parallel here with Genting Singapore which, after a somewhat undistinguished start marked by a huge writedown of its London gaming assets, took off during its second quarter to post S$396 million in earnings to end-June.

But Genting HK has several advantages over its Singapore cousin and Malaysian parent.

For one thing, the captive Philippines market is young and huge, with its population of almost 100 million. And as the only luxury casino in the country, it faces minimal competition.

Meanwhile, reports emerged yesterday about the Genting group entering into in discussions with the Philippines government on the possible purchase of the latter's state-owned gaming assets. These assets, held under state-controlled PagCor, comprise over 40 small casinos which raked in almost S$900 million in income during 2008. If this latest deal does happen, it could significantly enlarge Genting HK's gaming portfolio and revenues.

Meanwhile, through its Star Cruises, which has been plying the Hong Kong-Taiwan route since May 2009, Genting HK is laying the foundations for its involvement in Taiwan's ambitious integrated resort project. The Taipei government has reportedly already appointed consultants to look into this.

Numbers are important and do tell a story.

But sometimes, looking beyond just historical earnings data, and listening to guidance provided by management, can provide more colour and clarity about the outlook and prospects for a company. In the case of Genting HK, the picture appears a lot more colourful and exciting than its first-half earnings numbers suggested.

Originally Posted by Jamie

Business Times - 03 Sep 2010
Genting HK: a turnaround story

By VEN SREENIVASAN

SOMETIMES the headlines don't tell the whole story. A case in point is the recent results of Genting Hong Kong.

The company recently reported a first-half net profit of US$12 million, reversing a loss of US$34.5 million during the same period last year (though Genting HK was a different animal then). But after stripping out US$14.4 million in one-off gains, Genting HK turned in a core net loss of US$3 million for the first six months of this year, a figure which fell far short of analysts' estimates of some US$96 million.

But what the market appears to have missed is the fact that this company made a huge turnaround during its second quarter.

Genting HK, once known as Star Cruises, is a three-pronged US$1.9 billion market-cap gaming entity comprising Star Cruises in Asia, Norwegian Cruise Line (NCL) in the US, and Resorts World Manila (RWM) in the Philippines.

The interesting bits about the company emerged during a briefing provided by management a day after the Aug 28 results.

During the briefing, the company's management said gaming turnover numbers had exceeded all expectations during the second quarter, and hinted that the numbers in July and August continued to take off. Analysts and some of the more privileged investors were told that on some days, wins at its Manila casino could match any other casino in the world, based on return on capital invested.

The best daily win last month exceeded US$7 million, the equivalent of S$10 million. This should be a familiar number to anyone who recently followed the results unveiled by Genting Singapore's Resorts World Sentosa, which reported over S$900 million in revenue for the quarter, or S$300 million a month, which translates to S$10 million in takings per day.

The interesting thing is that RWM achieved this with minimal marketing effort and without the huge capital outlays of the Singapore casinos.

The casino, which is still in its early stages of development, currently operates 199 tables and 1,200 slot machines. This is expected to increase by 50 per cent when it opens its third gaming floor in the final quarter of this year. But RWM has also identified a second site, and has a gaming licence allowing it to operate some 2,000 tables and 7,000 slot machines over the two sites.

In comparison, RWS and Marina Bay Sands each have about 500 tables and 1,300 slot machines.

There is a nice parallel here with Genting Singapore which, after a somewhat undistinguished start marked by a huge writedown of its London gaming assets, took off during its second quarter to post S$396 million in earnings to end-June.

But Genting HK has several advantages over its Singapore cousin and Malaysian parent.

For one thing, the captive Philippines market is young and huge, with its population of almost 100 million. And as the only luxury casino in the country, it faces minimal competition.

Meanwhile, reports emerged yesterday about the Genting group entering into in discussions with the Philippines government on the possible purchase of the latter's state-owned gaming assets. These assets, held under state-controlled PagCor, comprise over 40 small casinos which raked in almost S$900 million in income during 2008. If this latest deal does happen, it could significantly enlarge Genting HK's gaming portfolio and revenues.

Meanwhile, through its Star Cruises, which has been plying the Hong Kong-Taiwan route since May 2009, Genting HK is laying the foundations for its involvement in Taiwan's ambitious integrated resort project. The Taipei government has reportedly already appointed consultants to look into this.

Numbers are important and do tell a story.

But sometimes, looking beyond just historical earnings data, and listening to guidance provided by management, can provide more colour and clarity about the outlook and prospects for a company. In the case of Genting HK, the picture appears a lot more colourful and exciting than its first-half earnings numbers suggested.

DJ MARKET TALK: Genting Hong Kong +11.7%; Eyes On Manila Gaming (2010-09-03 03:26:00)

0326 GMT [Dow Jones] Genting Hong Kong (S21.SG) +11.7% at new 52-week high of US$0.335 on strong volume as players turn attention from sister company Genting Singapore (G13.SG) to cruise operator, hopeful it could also enjoy latter''s gaming success given its 50% stake in Resorts World Manila. "Since RWM''s entry (in 2009), the overall Philippines gaming market has more than doubled year to date. This is another example of new properties growing gaming markets rather than cannibalising the existing pie," says broker. Expects RMW to benefit from Philippine casino regulator''s recent move to stop granting new gaming licences to private operators, shut down smaller gaming parlors and poker clubs in non-tourist areas. Orderbook quotes shares may test at least US$0.34. Genting Singapore off 0.6% at S$1.75. (frankie.ho@dowjones.com)

Contact us in Singapore. 65 64154 140;
MarketTalk@dowjones.com

17:05:03	0.420	4,001,000	Bought From Seller
17:05:03	0.420	1,518,000	Bought From Seller
16:59:41	0.415	10,000	Sold To Buyer
16:59:34	0.415	15,000	Sold To Buyer
16:59:26	0.415	87,000	Bought From Seller
16:59:25	0.415	311,000	Bought From Seller
16:59:25	0.415	319,000	Bought From Seller
16:59:24	0.415	400,000	Bought From Seller
16:59:24	0.415	1,500,000	Bought From Seller

16:51:43

0.410

1,080,000

Bought From Seller

16:48:17

0.415

2,000,000

Bought From Seller

16:48:07

0.415

2,000,000

Bought From Seller

16:46:46

0.410

3,000,000

Bought From Seller

16:46:24	0.410	560,000	Bought From Seller
16:46:24	0.410	800,000	Bought From Seller
16:46:23	0.410	555,000	Bought From Seller
16:46:23	0.410	330,000	Bought From Seller
16:46:22	0.410	290,000	Bought From Seller
16:46:22	0.410	100,000	Bought From Seller

16:46:21	0.410	470,000	Bought From Seller
16:46:20	0.410	100,000	Bought From Seller
16:46:20	0.410	500,000	Bought From Seller
16:46:19	0.410	200,000	Bought From Seller
16:46:19	0.410	1,000,000	Bought From Seller

pharoah88 ( Date: 03-Sep-2010 20:58) Posted:

16:44:31	0.405	1,265,000	Bought From Seller
16:44:30	0.405	2,000,000	Bought From Seller
16:44:30	0.405	600,000	Bought From Seller
16:44:27	0.405	10,000	Bought From Seller
16:44:25	0.405	1,000,000	Bought From Seller

16:42:36	0.400	4,939,000	Bought From Seller
16:42:36	0.400	20,000	Bought From Seller
16:42:34	0.400	330,000	Bought From Seller
16:42:34	0.400	500,000	Bought From Seller
16:42:33	0.400	100,000	Bought From Seller
16:42:33	0.400	35,000	Bought From Seller
16:42:32	0.400	500,000	Bought From Seller
16:42:30	0.400	3,000,000	Bought From Seller

16:19:58

0.390

1,000,000

Bought From Seller

16:44:31	0.405	1,265,000	Bought From Seller
16:44:30	0.405	2,000,000	Bought From Seller
16:44:30	0.405	600,000	Bought From Seller
16:44:27	0.405	10,000	Bought From Seller
16:44:25	0.405	1,000,000	Bought From Seller

16:42:36	0.400	4,939,000	Bought From Seller
16:42:36	0.400	20,000	Bought From Seller
16:42:34	0.400	330,000	Bought From Seller
16:42:34	0.400	500,000	Bought From Seller
16:42:33	0.400	100,000	Bought From Seller
16:42:33	0.400	35,000	Bought From Seller
16:42:32	0.400	500,000	Bought From Seller
16:42:30	0.400	3,000,000	Bought From Seller