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Genting Sing   

GenSp starts to move up again

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JUNWEI9756
    15-Aug-2011 22:50  
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Another example I would give would be Hutchison Port Holdings trust... Lots of people signed up for the IPO at US$1.01... No one expected it to be as low as US$0.67 now.... How scary can it be... I would just set a stop loss level to prevent my portfolio from being wiped out.

Isolator      ( Date: 15-Aug-2011 22:41) Posted:

It tell me that  there is something wrong with your trading strategy.... You better review it again...

JUNWEI9756      ( Date: 15-Aug-2011 21:25) Posted:

I bought Genting at $1.34. Dropped to $0.85. Hands tremble.... Went up to $1.15, cut loss and sold. Went up to $2.30. What to say ? SUAY LOR. Genting is bound to play us out, we dont have the ability to play them.. So... be careful..


 
 
andreytan
    15-Aug-2011 22:49  
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be very careful, this is in a down trend stock on my listed.

STX OSV is a uptrend stock,

 

 
 
 
JUNWEI9756
    15-Aug-2011 22:48  
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No one expected Genting SP to shoot up to $2 when it was 85 cents, am I right to say that ? Genting was a quiet bird when it was 85 cents.. 

Isolator      ( Date: 15-Aug-2011 22:41) Posted:

It tell me that  there is something wrong with your trading strategy.... You better review it again...

JUNWEI9756      ( Date: 15-Aug-2011 21:25) Posted:

I bought Genting at $1.34. Dropped to $0.85. Hands tremble.... Went up to $1.15, cut loss and sold. Went up to $2.30. What to say ? SUAY LOR. Genting is bound to play us out, we dont have the ability to play them.. So... be careful..


 

 
Isolator
    15-Aug-2011 22:41  
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It tell me that  there is something wrong with your trading strategy.... You better review it again...

JUNWEI9756      ( Date: 15-Aug-2011 21:25) Posted:

I bought Genting at $1.34. Dropped to $0.85. Hands tremble.... Went up to $1.15, cut loss and sold. Went up to $2.30. What to say ? SUAY LOR. Genting is bound to play us out, we dont have the ability to play them.. So... be careful..

 
 
louis001
    15-Aug-2011 22:01  
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if you want to long this counter, make sure can last very long,,,,,,,,

otherwise got panic half-way and cut loss, later see it go up much higher price than you bought, very heartache one....

check if correct, the NetAssetValue now should   > $2.00.

 

edchai      ( Date: 15-Aug-2011 21:23) Posted:



I'm in the midst of changing my current portfolio,  and intend to unload some slow moving stocks and long this counter.

 

 
 
iPunter
    15-Aug-2011 21:49  
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You can be assured that you are not 'suay'...

      Many many people are smacked up and down, and left and right by this stock.

                      Even those who hold long-long are also smacked hard...  Smiley


JUNWEI9756      ( Date: 15-Aug-2011 21:25) Posted:

I bought Genting at $1.34. Dropped to $0.85. Hands tremble.... Went up to $1.15, cut loss and sold. Went up to $2.30. What to say ? SUAY LOR. Genting is bound to play us out, we dont have the ability to play them.. So... be careful..

 

 
JUNWEI9756
    15-Aug-2011 21:25  
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I bought Genting at $1.34. Dropped to $0.85. Hands tremble.... Went up to $1.15, cut loss and sold. Went up to $2.30. What to say ? SUAY LOR. Genting is bound to play us out, we dont have the ability to play them.. So... be careful..
 
 
edchai
    15-Aug-2011 21:23  
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I'm in the midst of changing my current portfolio,  and intend to unload some slow moving stocks and long this counter.

 
 
 
New123
    15-Aug-2011 20:38  
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Genting Singapore: Maintain BUY with lower S$2.42 fair value

Genting Singapore's (GS) 2Q11 results came in slightly softer than

expected. Revenue fell 17% YoY and 21% QoQ to S$728.7m, or around

2.8% shy of our forecast, mainly due to " unfavourable win percentage" in

the premium player business. Reported net profit was down 39% YoY and

20% QoQ to S$243.2m but excluding discontinued operations in 2Q10

and fair value adjustments, core net profit came in at S$243.3m, down

22% YoY and 21% QoQ, but about 3.0% above our forecast. In line with

the slightly mixed 2Q11 numbers, we pare our FY11 revenue estimate by

4.6% and earnings by 2.9% but we continue to believe that GS should

enjoy a seasonally strong 2H11, driven by the year-end holidays. And with

GS planning to repay S$400m of debt in 2012, it will have an impact of

reducing our DCF-based fair value from S$2.53 to S$2.42. But given that

there is still 40% upside, we maintain our BUY rating(Ocbc)

 
 
parimas8
    15-Aug-2011 15:03  
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1.80-1.85 being the 20 & 50ma range?

spicy88      ( Date: 15-Aug-2011 14:50) Posted:

Agree, it's still in downtrend. Technical rebound will bring it up to 1.80-1.85.  Otherwise, low can get lower to the next level at 1.60 or lower!   

Isolator      ( Date: 15-Aug-2011 14:24) Posted:

Whatever you used, it is more important to  inteprete it correctly...


 

 
Isolator
    15-Aug-2011 15:02  
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Where got bull? Never seen one at all... lol

rotijai      ( Date: 15-Aug-2011 14:57) Posted:

unlikely it will break 1.75.. unless the mad bull comes in (like the one tat we had when it chionged from 1.8 to 1.94)

spicy88      ( Date: 15-Aug-2011 14:50) Posted:

Agree, it's still in downtrend. Technical rebound will bring it up to 1.80-1.85.  Otherwise, low can get lower to the next level at 1.60 or lower!   


 
 
rotijai
    15-Aug-2011 14:57  
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unlikely it will break 1.75.. unless the mad bull comes in (like the one tat we had when it chionged from 1.8 to 1.94)

spicy88      ( Date: 15-Aug-2011 14:50) Posted:

Agree, it's still in downtrend. Technical rebound will bring it up to 1.80-1.85.  Otherwise, low can get lower to the next level at 1.60 or lower!   

Isolator      ( Date: 15-Aug-2011 14:24) Posted:

Whatever you used, it is more important to  inteprete it correctly...


 
 
spicy88
    15-Aug-2011 14:50  
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Agree, it's still in downtrend. Technical rebound will bring it up to 1.80-1.85.  Otherwise, low can get lower to the next level at 1.60 or lower!   

Isolator      ( Date: 15-Aug-2011 14:24) Posted:

Whatever you used, it is more important to  inteprete it correctly....

parimas8      ( Date: 15-Aug-2011 14:11) Posted:

what do  you rely  on in  the charts other than the broad trend... 50,100,200ma, volume, rsi, macd, oscillator?


 
 
Isolator
    15-Aug-2011 14:24  
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Whatever you used, it is more important to  inteprete it correctly....

parimas8      ( Date: 15-Aug-2011 14:11) Posted:

what do  you rely  on in  the charts other than the broad trend... 50,100,200ma, volume, rsi, macd, oscillator?

Isolator      ( Date: 15-Aug-2011 13:58) Posted:



I never beleive in so called expert.... Only my chart.... It says it is in downtrend.... lol


 
 
pharoah88
    15-Aug-2011 14:20  
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A theory of everything (sort of)

The IT revolution is making it harder to get ahead in life, while super-empowering people to challenge authority

Thomas L Friedman

It used to be that only cheap foreign manual labour was easily available now cheap foreign genius is easily available.

Good jobs do exist, but they require more education or technical skills.


Only Salaries are brOUght dOwn  ? ? ? ?

WHY  cOst of gOOds & servIces are  gOIng Up  Instead ? ? ? ?

WHO  are  prOfiteering  frOm  this  S C A M  ? ? ? ?

 

 

 
parimas8
    15-Aug-2011 14:11  
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what do  you rely  on in  the charts other than the broad trend... 50,100,200ma, volume, rsi, macd, oscillator?

Isolator      ( Date: 15-Aug-2011 13:58) Posted:



I never beleive in so called expert.... Only my chart.... It says it is in downtrend.... lol

 
 
Isolator
    15-Aug-2011 13:58  
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I never beleive in so called expert.... Only my chart.... It says it is in downtrend.... lol
 
 
parimas8
    15-Aug-2011 13:55  
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why people cant see the big one coming and yet still holding on to it dearly?

There's an article which is worth reading:

========================================================================================================

US Recession is Guaranteed: Expert

Published: Monday, 15 Aug 2011 | 1:03 AM ET
By: Reuters

As the debate rages on about whether the U.S. economy is headed for a douple-dip, one expert says another recession is all but guaranteed, and there's nothing that can be done to prevent it.

Paul Gambles, Managing Director of financial advisory and asset management firm MBMG Group said the bond market, which is the most reliable indicator, has been pointing to a slowdown since at least April or May. According to Gambles, the deleveraging process facing the U.S. is so severe that a recession is inevitable.

" If you've got a $14.5 trillion debt burden, it's going to be a pretty severe recession," he said. " Recession is usually linked to the size of the debt (a country) has to clear up."

In fact, Gambles believes the U.S. economy has been in trouble far longer than most people appreciate and has been merely using debt to prop up growth.

" The U.S. was borrowing somewhere north of $500 billion a year to create GDP growth of a little less than $500 billion a year," he said. " The U.S. has been at stall-speed for the past 10 years."

" (When) GDP growth is less than the increase in national debt every year, it just doesn't  make sense," Gambles said. " To us that is not real growth...It's just papering over the cracks, it's hiding over the fact that maybe we are already in a serious recession where growth is impacted by the sheer amount of debt that's out there."

Gambles said he's been taking advantage of the rally in the Treasury market over the past few months, but he thinks that party might end soon because a recession would hurt the government's ability to raise revenues.

" Once we get into that environment, at that point, you probably don't want to be holding Treasurys any more, because there's a huge amount of pressure coming down on the credit rating, not just from the growth slowdown or the move into recession (but the) move into deflation," Gambles said.

Instead, MBMG Group was holding 45 percent in cash in some of its most defensive portfolios and Gambles said he's also been moving money into the Singapore dollar [SGD=  1.2059    -0.0066  (-0.54%)   ] and Asian government bonds.

" What we are trying to do there is not only preserve capital but are there other opportunities with cash? So for instance Singapore dollar has been a theme we are interested in....and also some short term emerging market bonds," he added. " If you look at some of the shorter dated Indonesian bonds, we've had a kick-up from rupiah [IDR=  8540.00    2.00  (+0.02%)   ] doing ok, but also there's some yield from those instruments."

========================================================================================================

Spore dollar is going so strong tourists will find it hard to spend more money here.

 

Isolator      ( Date: 15-Aug-2011 13:09) Posted:

Can see lower than 1.6.....

 
 
Isolator
    15-Aug-2011 13:54  
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Sifu, can still trust the rebound trade either way....

iPunter      ( Date: 15-Aug-2011 13:44) Posted:



Okay, then I agree with sifu...

    But nowadays,  I don't trust " breakouts" anymore..

              In days of old yes it works, but not now... lol...  Smiley


alexchia01      ( Date: 15-Aug-2011 13:16) Posted:



No, I disagree with you.

I've been in the market long enough to understand the trend.

I'm just adjusting my position according to the market movement.

You may think this is being tossed by the market, but to me, the market is telling me something.

And I'm only acting according to what the market tells me.

The worst is to hold to one's affirmation when the market is telling you otherwise


 
 
pharoah88
    15-Aug-2011 13:50  
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Genting Singapore – Summary Earnings Table

FYE Dec (SGD m)                                                                                  2009A                            2010A                          2011F                                  2012F                                        2013F

Revenue                                                                                                                49.5                                  2,753.3                       3,246.1                               3,464.5                                  3,716.3

EBITDA                                                                                                                          14.9                                1,422.1                        1,601.6                                1,662.8                                    1,800.9

Recurring Net Profit                                                                          (40.0)                                        782.6                              949.1                                1,003.9                                    1,139.7

Recurring Basic EPS (Cents)                                            (0.1)                                                6.4                                    7.7                                                  8.2                                                    9.3

EPS growth (%)                                                                                        (65.0)                                            n.m.                              20.4                                                  5.8                                                13.5

DPS (Sen)                                                                                                                      -                                                        -                                                -                                                            -                                                            -

PER                                                                                                                                    n.m.                                          26.8                                  22.3                                              21.0                                                18.5

EV/EBITDA (x)                                                                                                  n.m.                                            14.7                                  12.6                                                11.5                                              10.0

Div Yield (%)                                                                                                                -                                                        -                                                -                                                            -                                                          -

P/BV(x)                                                                                                                            4.9                                                  4.1                                        3.5                                                  3.0                                                    2.6

Net Gearing (%)                                                                                      22.0                                        Cash                                  Cash                                          Cash                                            Cash

ROE (%)                                                                                                                      (1.2)                                            16.9                                      17.0                                              15.3                                                14.9

ROA (%)                                                                                                                (0.6)                                                8.2                                            9.1                                                8.9                                                    9.6

Revision in Net Profit (%)                                                          n.a.                                                n.a.                                        +7.1                                            -4.5                                                    -4.2

Consensus Net Profit (SGD m)                                n.a.                                                n.a.                              1,118.2                                1,328.6                                    1,600.2

 

 
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