Genting Sing Last:0.745 -

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so it is good.....

still good profit.

BullishTempo ( Date: 11-Nov-2010 19:21) Posted:

UBS Expects 3Q EBITDA of $385 million vs $504 million in 2Q; “while the headline 24% sequential decline appears steep, 2Q margin was predicated on a very high VIP hold, while the (Marina Bay Sands) ramp up in both VIP and mass during 3Q has been rapid.”

Says such result may disappoint market, considering stock’s rapid rise, but if RWS delivers EBITDA in region of $375 million-$410 million in 3Q, “the bigger picture story remains perfectly valid: this is a casino resort that can generate $1.6 billion of EBITDA in year one of a seven-year duopoly.”

Adds, any signs that 2Q VIP volumes at RWS unsustainable on structural reasons, “would be more of an issue.” Raises target to $2.39 vs $2.02, ups 2011E EBITDA by around 11% to $1.8 billion.

Shares off 1.3% at $2.23.

it'll do a matching, so it depends on how many buyers/sellers are stacked against each other at what price, to determine the matching price. if u have poems protrader, the matching price will display on the market depth screen.

e.g. if the matching is 0.25.. u set a purchase at 0.255, or 0.26 or any higher before opening, your purchase will go through at 0.25, whereas ppl selling below 0.25 will definately get sold out.... selling at 0.25 depends on your queue, selling at 0.255 will not be triggered.

bladez87 ( Date: 11-Nov-2010 18:59) Posted:

hahaha! i also thinking of that, i just want to clear my holdings tmr regardless of price.

lawrence.sun ( Date: 11-Nov-2010 18:56) Posted:

Bros, want to ask , if u place a sell order like 5 to 10 bids below, will it sell at that price or the open price for poems and dbsvickers? anyone know?

Yeah thanks.

Its 15% drop in revenue, which should pick up in Q4 during the holiday season.

Whatever it is, GenSp will be extremely volatile tomorrow.

Gaecia ( Date: 11-Nov-2010 19:31) Posted:

BT, just to correct its 15% drop in revenue.

BullishTempo ( Date: 11-Nov-2010 19:06) Posted:

If you look at this news :

2nd quarter revenue : 860.8m

3rd quarter revenue : 731.8m

Its only 0.15% drop.

Quarter-on-quarter with last year is still more than 100% growth.

That was sometime ago, if EBITA is between 375m to 410m.

Anyway, I have yet to look at the one-time loss from operations.

From a trader's point of view, the public will not take this positively.

Best to exit, and buy at bottom.

Icymilo ( Date: 11-Nov-2010 19:28) Posted:

Raise Target to 2.39 from 2.02 for gsp?

BullishTempo ( Date: 11-Nov-2010 19:21) Posted:

UBS Expects 3Q EBITDA of $385 million vs $504 million in 2Q; “while the headline 24% sequential decline appears steep, 2Q margin was predicated on a very high VIP hold, while the (Marina Bay Sands) ramp up in both VIP and mass during 3Q has been rapid.”

Says such result may disappoint market, considering stock’s rapid rise, but if RWS delivers EBITDA in region of $375 million-$410 million in 3Q, “the bigger picture story remains perfectly valid: this is a casino resort that can generate $1.6 billion of EBITDA in year one of a seven-year duopoly.”

Adds, any signs that 2Q VIP volumes at RWS unsustainable on structural reasons, “would be more of an issue.” Raises target to $2.39 vs $2.02, ups 2011E EBITDA by around 11% to $1.8 billion.

Shares off 1.3% at $2.23.

BT, just to correct its 15% drop in revenue.

BullishTempo ( Date: 11-Nov-2010 19:06) Posted:

If you look at this news :

2nd quarter revenue : 860.8m

3rd quarter revenue : 731.8m

Its only 0.15% drop.

Quarter-on-quarter with last year is still more than 100% growth.

fools_gold ( Date: 11-Nov-2010 18:56) Posted:

Genting Singapore Q3 net slightly down from Q2

11 Nov 2010 - 10:47

SINGAPORE, Nov 11 (Reuters) - Earnings by Genting Singapore , which operates one of the two casinos in the city-state, fell slightly in the quarter ended September from the previous quarter, but overall revenues at the two gaming resorts remain healthy.

Genting Singapore posted earnings before interest, taxes, depreciation and amortisation (EBITDA) of S$347.6 million in the third quarter, down from S$503.5 million in the three months ended June.

The Singapore casino recorded revenues of S$731.8 million in the third quarter, a decrease from S$860.8 million in the second quarter.

Singapore legalised casino gaming in 2005 and its two multi-billion-dollar casino-resorts began operating earlier this year -- Resorts World in February and Las Vegas Sands' Marina Bay Sands in April. Marina Bay Sands, a $5.7 billion casino resort, generated $241.6 million in EBITDA for the quarter ended September. [ID:nN27220297]

CLSA estimates the size of Singapore's casino market could match the Las Vegas strip by next year.

The brokerage expects Singapore's casino market to be worth $6.5 billion by 2011, matching the Las Vegas Strip, before surpassing Sin City in 2012 with a market size of $8.1 billion, said Jon Oh, an analyst at CLSA.

"Both Las Vegas Sands and Genting understand the Asian market better than others and they both know how to deepen spending at their casinos," Oh said. (Reporting by Kevin Lim and Charmian Kok, editing by Raju Gopalakrishnan)

((charmian.kok@thomsonreuters.com; +65 6403 5666; Reuters Messaging: (charmian.kok.reuters.com@reuters.net) ((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com)) ($1=1.287 Singapore Dollar) Keywords: GENTINGSINGAPORE/

this forum full of shortist, take a look

http://forum.channelnewsasia.com/viewforum.php?f=13

BullishTempo ( Date: 11-Nov-2010 19:27) Posted:

Its only a slight decrease if you look at EBITA and revenue.

I expect 4Q to make up for the loss in 3Q.

But in the meantime, tomorrow morning, I would exit my GenSp first, since we know shortists are going to take the opportunity to short.

I might also short for the fun of it.

Icymilo ( Date: 11-Nov-2010 19:25) Posted:

I think all expect Q3 revenue to drop

1) MBS came into play

2) Q2 has June holiday not Q3.

Key is to look into growth and EBITDA

Haha wait till cannotfind sees all these.. Going to make noise again...

Raise Target to 2.39 from 2.02 for gsp?

BullishTempo ( Date: 11-Nov-2010 19:21) Posted:

UBS Expects 3Q EBITDA of $385 million vs $504 million in 2Q; “while the headline 24% sequential decline appears steep, 2Q margin was predicated on a very high VIP hold, while the (Marina Bay Sands) ramp up in both VIP and mass during 3Q has been rapid.”

Says such result may disappoint market, considering stock’s rapid rise, but if RWS delivers EBITDA in region of $375 million-$410 million in 3Q, “the bigger picture story remains perfectly valid: this is a casino resort that can generate $1.6 billion of EBITDA in year one of a seven-year duopoly.”

Adds, any signs that 2Q VIP volumes at RWS unsustainable on structural reasons, “would be more of an issue.” Raises target to $2.39 vs $2.02, ups 2011E EBITDA by around 11% to $1.8 billion.

Shares off 1.3% at $2.23.

due to write off of asset.

Icymilo ( Date: 11-Nov-2010 18:39) Posted:

wa 600 vs 180 so far away, these ppl so call professional eh.....

ask them sleep with pig, new baby smarter than them.

zhixuen ( Date: 11-Nov-2010 18:33) Posted:

OCBC still forecast 600 million. Eat shit la.

Luckily I foresee the it so I sold liao.

Its only a slight decrease if you look at EBITA and revenue.

I expect 4Q to make up for the loss in 3Q.

But in the meantime, tomorrow morning, I would exit my GenSp first, since we know shortists are going to take the opportunity to short.

I might also short for the fun of it.

Icymilo ( Date: 11-Nov-2010 19:25) Posted:

I think all expect Q3 revenue to drop

1) MBS came into play

2) Q2 has June holiday not Q3.

Key is to look into growth and EBITDA

BullishTempo ( Date: 11-Nov-2010 19:16) Posted:

Sorry, I mean 15% dro

Oh no, estimated Gap Down is how much when trade start tmrw ?

BullishTempo ( Date: 11-Nov-2010 19:22) Posted:

Ok its 30m short of estimates.

BullishTempo ( Date: 11-Nov-2010 19:21) Posted:

UBS Expects 3Q EBITDA of $385 million vs $504 million in 2Q; “while the headline 24% sequential decline appears steep, 2Q margin was predicated on a very high VIP hold, while the (Marina Bay Sands) ramp up in both VIP and mass during 3Q has been rapid.”

Says such result may disappoint market, considering stock’s rapid rise, but if RWS delivers EBITDA in region of $375 million-$410 million in 3Q, “the bigger picture story remains perfectly valid: this is a casino resort that can generate $1.6 billion of EBITDA in year one of a seven-year duopoly.”

Adds, any signs that 2Q VIP volumes at RWS unsustainable on structural reasons, “would be more of an issue.” Raises target to $2.39 vs $2.02, ups 2011E EBITDA by around 11% to $1.8 billion.

Shares off 1.3% at $2.23.

I think all expect Q3 revenue to drop

1) MBS came into play

2) Q2 has June holiday not Q3.

Key is to look into growth and EBITDA

BullishTempo ( Date: 11-Nov-2010 19:16) Posted:

Sorry, I mean 15% drop

firewood ( Date: 11-Nov-2010 19:13) Posted:

This 0.15% drop is considered very good as MBS started at that time.

Right?

Aiya they put estimates too high already.

Ok its 30m short of estimates.

BullishTempo ( Date: 11-Nov-2010 19:21) Posted:

UBS Expects 3Q EBITDA of $385 million vs $504 million in 2Q; “while the headline 24% sequential decline appears steep, 2Q margin was predicated on a very high VIP hold, while the (Marina Bay Sands) ramp up in both VIP and mass during 3Q has been rapid.”

Says such result may disappoint market, considering stock’s rapid rise, but if RWS delivers EBITDA in region of $375 million-$410 million in 3Q, “the bigger picture story remains perfectly valid: this is a casino resort that can generate $1.6 billion of EBITDA in year one of a seven-year duopoly.”

Adds, any signs that 2Q VIP volumes at RWS unsustainable on structural reasons, “would be more of an issue.” Raises target to $2.39 vs $2.02, ups 2011E EBITDA by around 11% to $1.8 billion.

Shares off 1.3% at $2.23.

Is EBITA within estimate ?

icetomato ( Date: 11-Nov-2010 19:17) Posted:

Ya just now someone said 320 to 410 or something right?

BullishTempo ( Date: 11-Nov-2010 19:15) Posted:

Wait a minute.

EBITA of 347.6 million is within estimates.

Let me get the analyst reports.

UBS Expects 3Q EBITDA of $385 million vs $504 million in 2Q; “while the headline 24% sequential decline appears steep, 2Q margin was predicated on a very high VIP hold, while the (Marina Bay Sands) ramp up in both VIP and mass during 3Q has been rapid.”

Says such result may disappoint market, considering stock’s rapid rise, but if RWS delivers EBITDA in region of $375 million-$410 million in 3Q, “the bigger picture story remains perfectly valid: this is a casino resort that can generate $1.6 billion of EBITDA in year one of a seven-year duopoly.”

Adds, any signs that 2Q VIP volumes at RWS unsustainable on structural reasons, “would be more of an issue.” Raises target to $2.39 vs $2.02, ups 2011E EBITDA by around 11% to $1.8 billion.

Shares off 1.3% at $2.23.