Genting Sing
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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?
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. |
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looking at volume alone..... it seems like HK is more than SP for the pass few days..... it should surge..... my guess.
bladez87 ( Date: 11-Nov-2010 19:15) Posted:
i scared sp tio wack hk also affected
epliew ( Date: 11-Nov-2010 19:10) Posted:
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so meaning to say, they transferred the money from SG to Malaysia ?
Genting HK, recent too many big buyer..... can keep for a while..... it should do better than genting sp..... as genting hk got more asset classes..... land in macau etc.... |
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Wait a minute.
EBITA of 347.6 million is within estimates.
Let me get the analyst reports.
i scared sp tio wack hk also affected
epliew ( Date: 11-Nov-2010 19:10) Posted:
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so meaning to say, they transferred the money from SG to Malaysia ?
Genting HK, recent too many big buyer..... can keep for a while..... it should do better than genting sp..... as genting hk got more asset classes..... land in macau etc....
bladez87 ( Date: 11-Nov-2010 19:06) Posted:
genting uk , is selling the UK branch of genting casino back to genting bhd at a loss. they gained cashflow, but had to absorb the losses before the transfer. seriously guys, you think genting hk can hold anot since it is not genting sp.
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if 700 plus millions revenue should be more than Sands ?
70:30 ?
firewood ( Date: 11-Nov-2010 19:12) Posted:
BT once mentioned is 60/40
Icymilo ( Date: 11-Nov-2010 19:02) Posted:
Anyone know the market pie distribution for Genting vs MBS?
i recall we talk about 50:50 before, so what is the actual? |
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This 0.15% drop is considered very good as MBS started at that time.
Right?
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/
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BT once mentioned is 60/40
Icymilo ( Date: 11-Nov-2010 19:02) Posted:
Anyone know the market pie distribution for Genting vs MBS?
i recall we talk about 50:50 before, so what is the actual? |
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why so confusing for them to present it....
your presentation is clearer !
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/
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so meaning to say, they transferred the money from SG to Malaysia ?
Genting HK, recent too many big buyer..... can keep for a while..... it should do better than genting sp..... as genting hk got more asset classes..... land in macau etc....
bladez87 ( Date: 11-Nov-2010 19:06) Posted:
genting uk , is selling the UK branch of genting casino back to genting bhd at a loss. they gained cashflow, but had to absorb the losses before the transfer. seriously guys, you think genting hk can hold anot since it is not genting sp.
epliew ( Date: 11-Nov-2010 19:04) Posted:
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results looks funny leh..... what is the genting UK operation, transfer asset....
BT can explain what it is trying to say ?
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Haha,I'm also looking high & low how MBS outperform GenSp ?Thanks for clarifying.
firewood ( Date: 11-Nov-2010 18:57) Posted:
Never outperform la EBIDTA -347million vs 507million ( last quarter)
MBS (EBITDA -
214 million)
bladez87 ( Date: 11-Nov-2010 18:55) Posted:
cant believe MBS outperform gen sp. hopefully still can bail out of genting hk at good price.
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Play safe, keep your capital for another day.
genting uk , is selling the UK branch of genting casino back to genting bhd at a loss.
they gained cashflow, but had to absorb the losses before the transfer.
seriously guys, you think genting hk can hold anot since it is not genting sp.
epliew ( Date: 11-Nov-2010 19:04) Posted:
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results looks funny leh..... what is the genting UK operation, transfer asset....
BT can explain what it is trying to say ?
firewood ( Date: 11-Nov-2010 18:55) Posted:
Heng never sell GAR to buy more GSP
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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/
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Any idea what would the gap down be like ?
Will it more than 10 cent ?
But it mention that it will reflect into next Q as gain right? Or did i misunderstood it?
BullishTempo ( Date: 11-Nov-2010 18:59) Posted:
A loss is a loss. It doesn't become a profit.
Icymilo ( Date: 11-Nov-2010 18:54) Posted:
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BT should the 377 discountinue lost be added back to profit? |
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Lets hope OLAM will go northbound tomorrow :D
I already dropped GAR earlier and lost few thousands and it will be most likely the same scenario tomorrow with GSP.
results looks funny leh..... what is the genting UK operation, transfer asset....
BT can explain what it is trying to say ?
firewood ( Date: 11-Nov-2010 18:55) Posted:
Heng never sell GAR to buy more GSP
BullishTempo ( Date: 11-Nov-2010 18:54) Posted:
It was a lucky move to put most of my money on Gar than Genting Lets see what happens to Genting tomorrow |
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Anyone know the market pie distribution for Genting vs MBS?
i recall we talk about 50:50 before, so what is the actual?
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? |
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A loss is a loss. It doesn't become a profit.
Icymilo ( Date: 11-Nov-2010 18:54) Posted:
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BT should the 377 discountinue lost be added back to profit?
BullishTempo ( Date: 11-Nov-2010 18:50) Posted:
Better to play safe and run first. The result don't look too optimistic. |
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