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Genting Sing    Last:0.75    +0.005

GenSp starts to move up again

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stoheart72
    18-Aug-2011 17:33  
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For those that wanted to profit by shorting gsp, do note that the Europe market is facing a major slump in their morning session. Which means tomorrow might be an interesting day to play. Good luck all.
 
 
stoheart72
    18-Aug-2011 15:39  
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Not wrong at all. After all, the share market itself is the biggest casino in this world, no one have 100% confidence what will happen next, just reasonable risk management with the information we can gather from different resources. Some is betting that gsp will hold out with what they know, and some bet that it will fall and go ahead and try to short it.

iPunter      ( Date: 18-Aug-2011 08:35) Posted:



You are right...But any moment in the market continuum is an

                opportunity for betting...  All people are betting...Smiley


stoheart72      ( Date: 17-Aug-2011 15:04) Posted:

Uncertainties can be sign of danger and at the same time  also opportunities, different people look at it differently.


 
 
stoheart72
    18-Aug-2011 15:35  
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As I mentioned earlier, the bigger investors will be taking this opportunity to buy in and wait while watching it raise. I wont know if this news will really be able to make gsp fly, considering the current global market, however, it definately show signs that internally, they had their confidence with this share.

pharoah88      ( Date: 18-Aug-2011 13:01) Posted:

Citigold         ( Date: 28-Jul-2011 19:47) Posted:

Genting Berhad bought in 1,900,000 ordinary shares in GenSp from the open market.Can see this stock start to fly soon

 

 
pharoah88
    18-Aug-2011 13:31  
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Warren Buffett :

  Last Monday, we spent more

  money in the stock market buying

  than any day this year

~ rhbinvest tweets Tue 16 Aug 21:05

 



 

Warren Buffett :

  Last Monday, we spent more

  money in the stock market buying

  than any day this year

~ rhbinvest tweets Tue 16 Aug 21:05

 

 
 
pharoah88
    18-Aug-2011 13:06  
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Change in GENT's indirect shareholdings in Genting Singapore Plc (" GENS" ) as a result of the acquisition by Genting Overseas Holdings Limited, a wholly-owned subsidiary of GENT, of a total of 1,900,000 ordinary shares in GENS from the open market for a total consideration of SGD3,443,984.73.  [S$1.813]

 

Acquisition by Genting Overseas Holdings Limited, a wholly-owned subsidiary of Genting Berhad, of a total of 1,900,000 ordinary shares in Genting Singapore Plc from the open market. Kien Huat Realty Sdn Berhad is deemed interested in the Genting Singapore Plc shares held by Genting Overseas Holdings Limited.

pharoah88      ( Date: 18-Aug-2011 13:01) Posted:

Citigold         ( Date: 28-Jul-2011 19:47) Posted:

Genting Berhad bought in 1,900,000 ordinary shares in GenSp from the open market.Can see this stock start to fly soon

 
 
pharoah88
    18-Aug-2011 13:01  
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Citigold         ( Date: 28-Jul-2011 19:47) Posted:

Genting Berhad bought in 1,900,000 ordinary shares in GenSp from the open market.Can see this stock start to fly soon
 

 
AnthonyTan
    18-Aug-2011 11:50  
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It breaks $1.625 twice, if I am not wrong.

Any further comment on this stock to share.

forgot2bme      ( Date: 17-Aug-2011 13:50) Posted:

If it breaks the channel support at $1.625.. We may see $1.48..

 
 
iPunter
    18-Aug-2011 08:35  
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You are right...But any moment in the market continuum is an

                opportunity for betting...  All people are betting...Smiley


stoheart72      ( Date: 17-Aug-2011 15:04) Posted:

Uncertainties can be sign of danger and at the same time  also opportunities, different people look at it differently.

JUNWEI9756      ( Date: 17-Aug-2011 14:48) Posted:

Dont understand why still got so many people queuing for Genting SP despite so many uncertainties ahead.. haha.


 
 
bryansng
    17-Aug-2011 23:36  
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waiting for 1.59 or more signal....
 
 
stoheart72
    17-Aug-2011 15:04  
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Uncertainties can be sign of danger and at the same time  also opportunities, different people look at it differently.

JUNWEI9756      ( Date: 17-Aug-2011 14:48) Posted:

Dont understand why still got so many people queuing for Genting SP despite so many uncertainties ahead.. haha.

 

 
edchai
    17-Aug-2011 15:01  
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Completely agree ! 

However,  this is not 'permanent damage' and the next two quarters reports expected to be better than the recent one.  We human got a very short memory and after a while people may start buying his stock again.

 

jackphang      ( Date: 17-Aug-2011 13:06) Posted:



Genting SP is a hot stock... everyone must be aware of the downtrend as it posted an reduce of net profit for last quarter. I doubt it can quickly return to a positive trend in near future... however it has the monopoly status in game sector in Singapore and KL..

 

http://www.jackphanginvestment.com

 
 
JUNWEI9756
    17-Aug-2011 14:48  
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Dont understand why still got so many people queuing for Genting SP despite so many uncertainties ahead.. haha.
 
 
forgot2bme
    17-Aug-2011 14:43  
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Yup it tested once already.. Let's see whether will test again and eventually break down if it cannot hold...

stoheart72      ( Date: 17-Aug-2011 14:21) Posted:

It already broke 1.625 to 1.620 in the morning session, but it went back up to 1.645 again currently

forgot2bme      ( Date: 17-Aug-2011 13:50) Posted:

If it breaks the channel support at $1.625.. We may see $1.48..


 
 
AnthonyTan
    17-Aug-2011 14:32  
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Sometime cannot take noises for granted especially

this stock. This stock create alot of excitment (volatile)

plus noises.
 
 
stoheart72
    17-Aug-2011 14:21  
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It already broke 1.625 to 1.620 in the morning session, but it went back up to 1.645 again currently

forgot2bme      ( Date: 17-Aug-2011 13:50) Posted:

If it breaks the channel support at $1.625.. We may see $1.48..

 

 
forgot2bme
    17-Aug-2011 13:50  
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If it breaks the channel support at $1.625.. We may see $1.48..
 
 
stoheart72
    17-Aug-2011 13:24  
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Agree, unless the  approval of the junket license is release, which would push the sentiment of investor to buy in. Currently, I still put mine on hold while looking at the global market for direction, which I feel will be the deciding factor for gsp at this period.

jackphang      ( Date: 17-Aug-2011 13:06) Posted:



Genting SP is a hot stock... everyone must be aware of the downtrend as it posted an reduce of net profit for last quarter. I doubt it can quickly return to a positive trend in near future... however it has the monopoly status in game sector in Singapore and KL..

 

http://www.jackphanginvestment.com

 
 
jackphang
    17-Aug-2011 13:06  
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Genting SP is a hot stock... everyone must be aware of the downtrend as it posted an reduce of net profit for last quarter. I doubt it can quickly return to a positive trend in near future... however it has the monopoly status in game sector in Singapore and KL..

 

http://www.jackphanginvestment.com
 
 
edchai
    17-Aug-2011 13:04  
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May I know why short now?  Be careful and good luck !

 
 
 
alexchia01
    17-Aug-2011 11:37  
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Sell all my Genting SP liao.

Waiting to go short for this bugger.

 
 
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