Genting Sing
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mayb next wk i can queue to buy some at 1.86.. XD
epliew ( Date: 23-Nov-2010 16:47) Posted:
it is you or icetomato that still have some bought at 1.86 ?
bladez87 ( Date: 23-Nov-2010 16:39) Posted:
chances are if you sell, you can get back cheaper tmr. but ya, already fell so much cause of the new |
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my uncle rather walk to a much further toilet if the nearer toilet charges 20 cents. he lost few millions in stock a few years back. sometimes i just dont understand. haha
cannotfind ( Date: 23-Nov-2010 16:34) Posted:
so very the right... I even calculate 5 cents when I buy groceries.
jonasljk ( Date: 23-Nov-2010 16:31) Posted:
humans are like that. they scrimp on every day stuff but when it comes to stocks and gambling, they can throw money away like nobody's business.
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why go and risk urself at such bad times where u can relax and enjoy the show.. while waiting for the bull to return.. :)
it is you or icetomato that still have some bought at 1.86 ?
bladez87 ( Date: 23-Nov-2010 16:39) Posted:
chances are if you sell, you can get back cheaper tmr. but ya, already fell so much cause of the news
Tropical ( Date: 23-Nov-2010 16:33) Posted:
I thot of cutting loss too but then i think is too late liao since it is already below.70. Juz hold on lah. Hv that feeling it'll go up...hopefully.Rice and veg oil gtg into inflation end of this mth onwards as stated today's news.
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chances are if you sell, you can get back cheaper tmr. but ya, already fell so much cause of the news
Tropical ( Date: 23-Nov-2010 16:33) Posted:
I thot of cutting loss too but then i think is too late liao since it is already below.70. Juz hold on lah. Hv that feeling it'll go up...hopefully.Rice and veg oil gtg into inflation end of this mth onwards as stated today's news.
bladez87 ( Date: 23-Nov-2010 16:28) Posted:
sold my GAR liao. realised my 500+ losses. safer to let it go than face potential war |
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Absolutely correct!!
Icymilo ( Date: 23-Nov-2010 16:35) Posted:
Report are all bullshit if war break out at Korea.
Vest at you own risk, I will still stay sideline till BT is back,
or we might miss BT the "Aircraft Carrier" who is capable of fighting Korea outbreak next week.
bsiong ( Date: 23-Nov-2010 16:31) Posted:
Genting Singapore : Game on. | | | Since hitting a 52 week high of S$2.35 on 9 November 2010, Genting Singapore has fallen 15% to S$1.99. Genting currently trades at 17.9x CY12 P/E and 3.9x P/BV. | | | In our view, Genting Singapore trades at an attractive valuation, fundamentally backed by strong growth drivers going forward. We believe Genting Singapore offers great upside potential going forward. | | | 3Q10 results recap. 9M10 core earnings came in above expectations and a seasonally strong year-end could surprise analysts on the upside. We see medium-term catalysts from speedier ramp-up of their RWS operations, licensing of junkets as well as sustained market leadership. | | | RWS operations ramp-up. 3Q10 table count grew 24% qoq from 380 in 2Q10 to 470 in 3Q10. We were positively surprised as we were expecting a gradual operation ramp-up and existing count is already above management’s guidance of 450 tables by year end. In view of strong demand trend, management is expecting the average table count to settle at 500 by year-end. | | | Receivables could improve with introduction of junkets. Though investors might be concerned about seemingly high trade receivables, (20% of revenue), management reiterated its confidence in balancing revenue with credit extension. Although we acknowledge that this figure is high compared its Macau and Malaysia peers, we believe the introduction of junkets should lighten the burden on Genting Singapore ’s balance sheet going forward. | | | Recommendation: In spite of the recent hiccups on the macroeconomic front, we believe continued economic growth in Asia should drive gaming demand growth for Genting Singapore . We believe Genting Singapore will be able to benefit from favourable industry factors going forward. We currently have an Outperformrecommendation with target price of S$2.70. |
/cimb
i came i read i posted for your info only.
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if by tonight, it still have not resolved, tmr stocks will dip further upon dumping of retail holders who are still working now. so be prepared to sell now.
cause even if situation settled, it is still not good news, and will not boost market. either way, lose lose for all. best to bail now rather than buy.
this fight, might spark of US and China tension even more. even though China also against NK for shooting, but does not mean will not help.
so either way, this news just worsen the world news. told my mom to bail liao.
WAR is not like financial crisis.
I never dump all to the sea ok... I use my profits to back me one... then I got calculate so my profits will not be wiped away if my stupid act fails... Got planning one ok....
elton81 ( Date: 23-Nov-2010 16:29) Posted:
too much money to spend.. no place to spend.... can sponser me some.. i can use it for my 2nd honeymoon trip... :) 10k will do .. better than u all take go and dump into the sea of stocks.. hahaha |
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Report are all bullshit if war break out at Korea.
Vest at you own risk, I will still stay sideline till BT is back,
or we might miss BT the "Aircraft Carrier" who is capable of fighting Korea outbreak next week.
bsiong ( Date: 23-Nov-2010 16:31) Posted:
Genting Singapore : Game on. | | | Since hitting a 52 week high of S$2.35 on 9 November 2010, Genting Singapore has fallen 15% to S$1.99. Genting currently trades at 17.9x CY12 P/E and 3.9x P/BV. | | | In our view, Genting Singapore trades at an attractive valuation, fundamentally backed by strong growth drivers going forward. We believe Genting Singapore offers great upside potential going forward. | | | 3Q10 results recap. 9M10 core earnings came in above expectations and a seasonally strong year-end could surprise analysts on the upside. We see medium-term catalysts from speedier ramp-up of their RWS operations, licensing of junkets as well as sustained market leadership. | | | RWS operations ramp-up. 3Q10 table count grew 24% qoq from 380 in 2Q10 to 470 in 3Q10. We were positively surprised as we were expecting a gradual operation ramp-up and existing count is already above management’s guidance of 450 tables by year end. In view of strong demand trend, management is expecting the average table count to settle at 500 by year-end. | | | Receivables could improve with introduction of junkets. Though investors might be concerned about seemingly high trade receivables, (20% of revenue), management reiterated its confidence in balancing revenue with credit extension. Although we acknowledge that this figure is high compared its Macau and Malaysia peers, we believe the introduction of junkets should lighten the burden on Genting Singapore ’s balance sheet going forward. | | | Recommendation: In spite of the recent hiccups on the macroeconomic front, we believe continued economic growth in Asia should drive gaming demand growth for Genting Singapore . We believe Genting Singapore will be able to benefit from favourable industry factors going forward. We currently have an Outperformrecommendation with target price of S$2.70. |
/cimb
i came i read i posted for your info only.
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so very the right... I even calculate 5 cents when I buy groceries.
jonasljk ( Date: 23-Nov-2010 16:31) Posted:
humans are like that. they scrimp on every day stuff but when it comes to stocks and gambling, they can throw money away like nobody's business.
elton81 ( Date: 23-Nov-2010 16:29) Posted:
too much money to spend.. no place to spend.... can sponser me some.. i can use it for my 2nd honeymoon trip... :) 10k will do .. better than u all take go and dump into the sea of stocks.. hahaha |
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I thot of cutting loss too but then i think is too late liao since it is already below.70. Juz hold on lah. Hv that feeling it'll go up...hopefully.Rice and veg oil gtg into inflation end of this mth onwards as stated today's news.
bladez87 ( Date: 23-Nov-2010 16:28) Posted:
sold my GAR liao. realised my 500+ losses. safer to let it go than face potential war.
Tropical ( Date: 23-Nov-2010 15:49) Posted:
Me too....same boat. Looks like hv to hold mid long term liao. |
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humans are like that. they scrimp on every day stuff but when it comes to stocks and gambling, they can throw money away like nobody's business.
elton81 ( Date: 23-Nov-2010 16:29) Posted:
too much money to spend.. no place to spend.... can sponser me some.. i can use it for my 2nd honeymoon trip... :) 10k will do .. better than u all take go and dump into the sea of stocks.. hahaha |
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Kantoi ..........................................
Bintang ( Date: 23-Nov-2010 16:24) Posted:
Short term support is at $1.85 , it is likely to reach this support before the technical rebounce .
Bintang ( Date: 18-Nov-2010 20:14) Posted:
The gap at $1.69 would provide strong support to the uptrend , which was also could been found in the monthly chart |
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Character (staunchness) causes market losses.
I mean, rather than remain staunchly bullish,
why not adapt and be neutral for a change?..
elton81 ( Date: 23-Nov-2010 16:25) Posted:
u tempted to kena burn more.. -,-
cannotfind ( Date: 23-Nov-2010 16:18) Posted:
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Genting Singapore : Game on. | | |
Since hitting a 52 week high of S$2.35 on 9 November 2010, Genting Singapore has fallen 15% to S$1.99. Genting currently trades at 17.9x CY12 P/E and 3.9x P/BV. | | |
In our view, Genting Singapore trades at an attractive valuation, fundamentally backed by strong growth drivers going forward. We believe Genting Singapore offers great upside potential going forward. | | |
3Q10 results recap. 9M10 core earnings came in above expectations and a seasonally strong year-end could surprise analysts on the upside. We see medium-term catalysts from speedier ramp-up of their RWS operations, licensing of junkets as well as sustained market leadership. | | |
RWS operations ramp-up. 3Q10 table count grew 24% qoq from 380 in 2Q10 to 470 in 3Q10. We were positively surprised as we were expecting a gradual operation ramp-up and existing count is already above management’s guidance of 450 tables by year end. In view of strong demand trend, management is expecting the average table count to settle at 500 by year-end. | | |
Receivables could improve with introduction of junkets. Though investors might be concerned about seemingly high trade receivables, (20% of revenue), management reiterated its confidence in balancing revenue with credit extension. Although we acknowledge that this figure is high compared its Macau and Malaysia peers, we believe the introduction of junkets should lighten the burden on Genting Singapore ’s balance sheet going forward. | | |
Recommendation: In spite of the recent hiccups on the macroeconomic front, we believe continued economic growth in Asia should drive gaming demand growth for Genting Singapore . We believe Genting Singapore will be able to benefit from favourable industry factors going forward. We currently have an Outperformrecommendation with target price of S$2.70. |
/cimb
i came i read i posted for your info only.
u went shopping.
icetomato ( Date: 23-Nov-2010 16:28) Posted:
Huh die ah.... I did something stupid just now.
Icymilo ( Date: 23-Nov-2010 16:23) Posted:
If you dun have money to hold, suggest you stay sideline.
If they really goes into war...no joke for the economy in Asia. |
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good job. i believe you made the right call. technically, GAR has no support because it risen so fast to reach where it is now. was just wondering why u didnt sell all at 0.73
tell la... I did more than the 3 Idiots show
icetomato ( Date: 23-Nov-2010 16:28) Posted:
Huh die ah.... I did something stupid just now.
Icymilo ( Date: 23-Nov-2010 16:23) Posted:
If you dun have money to hold, suggest you stay sideline.
If they really goes into war...no joke for the economy in Asia. |
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too much money to spend.. no place to spend.... can sponser me some.. i can use it for my 2nd honeymoon trip... :) 10k will do .. better than u all take go and dump into the sea of stocks.. hahaha
Huh die ah.... I did something stupid just now.
Icymilo ( Date: 23-Nov-2010 16:23) Posted:
If you dun have money to hold, suggest you stay sideline.
If they really goes into war...no joke for the economy in Asia.
Icymilo ( Date: 23-Nov-2010 16:20) Posted:
You guys think is correction fot today?
Pls read news, it was like because
"NORTH Korea fired artillery shells onto a South Korean border island on Tuesday, causing casualties and prompting an exchange of fire with southern troops, officials and reports said. "
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