Genting Sing
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LoL no.
Based on what I observed for Wilmar and GenSp.
I believe a safer approach for beginner traders should be as follows :
1) Buy 2 weeks before announcement date for a good stock with anticipated good earnings.
2) This stock should already be in uptrend for at least a month.
3) Sell one day before announcement and lock in your profits.
4) If results beat estimates, buy back after annoucement.
5) If results meet estimates, price will be flat. So no issue.
6) If results fall below estimates, you are safe, since you already exited.
This approach will cut down a lot of risks for beginner traders, especially those who are not used to hedging a position before announcement date.
Gaecia ( Date: 12-Nov-2010 17:15) Posted:
DON'T whack big in GENSP and hav a diversified portfolio!
BullishTempo ( Date: 12-Nov-2010 17:13) Posted:
I am going to make some adjustments to Quarter 4 based on the lessons learnt in Quarter 3. Want to guess what it is? |
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DON'T whack big in GENSP and hav a diversified portfolio!
BullishTempo ( Date: 12-Nov-2010 17:13) Posted:
I am going to make some adjustments to Quarter 4 based on the lessons learnt in Quarter 3. Want to guess what it is?
Gaecia ( Date: 12-Nov-2010 17:11) Posted:
cannotfind said u bought his. cost yest 2.31.. |
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I am going to make some adjustments to Quarter 4 based on the lessons learnt in Quarter 3.
Want to guess what it is?
Gaecia ( Date: 12-Nov-2010 17:11) Posted:
cannotfind said u bought his. cost yest 2.31...
BullishTempo ( Date: 12-Nov-2010 17:08) Posted:
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Going on mission trip to manila BT? ;p
cannotfind ( Date: 12-Nov-2010 17:12) Posted:
BT, you never tell us where you go?
BullishTempo ( Date: 12-Nov-2010 17:07) Posted:
Have a nice weekend Guys and Gals ! See you all back in Quarter 4 !!! Take care and trade safely  |
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See... volume is 403mil... I am fortune teller again... next time listen to myself la.
So whats the lesson learnt?
cannotfind ( Date: 12-Nov-2010 17:11) Posted:
Realised.... lucky GAR helped abit. sighed....
BullishTempo ( Date: 12-Nov-2010 17:08) Posted:
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BT, you never tell us where you go?
BullishTempo ( Date: 12-Nov-2010 17:07) Posted:
Have a nice weekend Guys and Gals ! See you all back in Quarter 4 !!! Take care and trade safely 
icetomato ( Date: 12-Nov-2010 17:02) Posted:
5pm. Game over. Anyone queuing in the last 5min?
Good luck to those who bought Genting today.
Have a good weekend! |
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cannotfind said u bought his. cost yest 2.31...
BullishTempo ( Date: 12-Nov-2010 17:08) Posted:
Realised or unrealised?
cannotfind ( Date: 12-Nov-2010 17:06) Posted:
yeah... today I lost $8000 REAL money... |
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Realised.... lucky GAR helped abit. sighed....
BullishTempo ( Date: 12-Nov-2010 17:08) Posted:
Realised or unrealised?
cannotfind ( Date: 12-Nov-2010 17:06) Posted:
yeah... today I lost $8000 REAL money... |
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All the best in your exam.
I am taking CFA level 1 exam this Dec. Hope to learn some FA skills as well.
Leinadgnow ( Date: 12-Nov-2010 16:47) Posted:
welcome :D going to study now .. hahaha stupid exams in 2 weeks time.. see you all around!! happy trading and enjoy your weekends.
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Of course it is real...
All profits and losses are real...
Because there's no such thing as "paper loss'...
But there's 'paper profit' if you did not grab it in time ... 
cannotfind ( Date: 12-Nov-2010 17:06) Posted:
yeah... today I lost $8000 REAL money... |
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Realised or unrealised?
cannotfind ( Date: 12-Nov-2010 17:06) Posted:
yeah... today I lost $8000 REAL money... |
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Have a nice weekend Guys and Gals !
See you all back in Quarter 4 !!!
Take care and trade safely 
icetomato ( Date: 12-Nov-2010 17:02) Posted:
5pm. Game over. Anyone queuing in the last 5min?
Good luck to those who bought Genting today.
Have a good weekend! |
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yeah... today I lost $8000 REAL money...
Thanks for sharing , it's been kind of u ! Good luck to ur exam !
Leinadgnow ( Date: 12-Nov-2010 16:47) Posted:
welcome :D going to study now .. hahaha stupid exams in 2 weeks time.. see you all around!! happy trading and enjoy your weekends.
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5pm. Game over. Anyone queuing in the last 5min?
Good luck to those who bought Genting today.
Have a good weekend!
Yes GSS. No get 2.10 but got some 2.12 for a bit of fun ...
Sept11 ( Date: 12-Nov-2010 16:21) Posted:
Another 40 minutes before the one of the great singapore sale (7% off of yesterday price if u buy @ 2.12) closed..... |
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yes, yes, just not to lose money :(
iPunter ( Date: 12-Nov-2010 16:51) Posted:
You are so 'gan jiong' (anxious) to make money... To play the market, you must not think of making money as a top priority... The top priority is not to lose your money... that should be your ultimate goal... 
funtrading ( Date: 12-Nov-2010 16:33) Posted:
oops .. dun luff, mind not concentrating, thinking abt the loss |
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sorry typo, i mean long term.
Gaecia ( Date: 12-Nov-2010 16:53) Posted:
The analysts' upgrades today is so uncanny, an agenda to save their own skin? Okay anyway the FA is our gaming sector is a huge meat pie, makes gd investment for long time. Where else in a first world country can u find casino stocks at $1-2 sgd equivalent? Only in Singapore.
RSI 60 is not any indication to go long, today is not key reversal to trend upz. Everytime Gensp turns up it spikes sharply very fast, doesn't jus ding-dong btw 1-2 cents holding out. The downtrend and worst is not yet over imo but if the entry objective is just to contra play, glean a few cents here and there then pls do what u hav to do.
BullishTempo ( Date: 12-Nov-2010 16:34) Posted:
Genting Singapore’s target price raised to $2.65 by Credit Suisse |
Tags: Genting Singapore | Genting Singapore Plc WRITTEN BY THE EDGE | FRIDAY, 12 NOVEMBER 2010 16:18 | Credit Suisse raises Genting Singapore (G13.SG) target to $2.65 vs $1.68, implying 16% potential upside, keeps Outperform, according to Dow Jones.
Credit Suisse says company’s 3Q10 on-quarter drop in revenue, earnings following record 2Q10 (boosted by favourable luck) was no surprise, with Sentosa revenue down 15% on-quarter, EBITDA down to $347 million vs 2Q’s $503 million.
Lowers FY10 net profit by 52% to reflect translation loss of $339 million on U.K. disposal but raises FY11-FY12 net profit by 32%-37% “as we believe strong tourist arrivals, a robust economy, active property market and rising stock market will likely translate into stronger casino revenues.”
Adds, company provides high beta, liquid exposure to Singapore tourism, potential catalysts include seasonally strong results for next two quarters, potential licensing of junkets in 2011. Says alternatively, parent Genting (3182.KU) provides cheaper exposure to Genting Singapore.
Shares off 7.0% at $2.12. |
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All the best in your exams.
Leinadgnow ( Date: 12-Nov-2010 16:47) Posted:
welcome :D going to study now .. hahaha stupid exams in 2 weeks time.. see you all around!! happy trading and enjoy your weekends.
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