Genting Sing    Last:0.755    +0.005

GenSp starts to move up again

stay sideway,,,,,,,,,,,,,,because heavy fighting tis bby,,,,,,,,,,,,,,,shortist heavy weapon kill longist,,,,,,,,,,,,,,,,,,,,,,,,long like shortist having powerfull bullet,,,,,,,,,,,,,,,,,,,,,,,,so something we dont know is ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

 

                                             

RachelG      ( Date: 14-Aug-2011 13:06) Posted: Genting will definitely go down then fly up. Now the BB will sell and alot of people will start selling. Buy back only when the volume suddenly drop for a few days before buying back. Please don't be suicidal and start buying now.BB will short sell to you.

 

Genting will definitely go down then fly up. Now the BB will sell and alot of people will start selling. Buy back only when the volume suddenly drop for a few days before buying back. Please don't be suicidal and start buying now.BB will short sell to you.

 

Lol...

I like your " dare to huat?" challenge to member  junction, to simply put his/ her money to where the  mouth is  to experience the  actual  consequences (be it +ve or -ve).

iPunter      ( Date: 13-Aug-2011 16:38) Posted: Right now is the best time for you to test your idea...     Why don't you start buying right now? And if it goes                 down later, I hope you will average down like you                         are saying... Then if you are right, chances are                                        you will make a tons of money...                                               I do hope you will seriously do it, rather                                                       than just talking only ... If you make ton,                                                             I will definitely feel happy for you...                                                                     What say you?...

 

Genting Singapore Hopefull!

New123      ( Date: 13-Aug-2011 20:18) Posted: Soon you will see it prices rises back to $1.80,$1.90 then $2.00 and above... Good chance to consider in accumulating some...

 

Soon you will see it prices rises back to $1.80,$1.90 then $2.00 and above... Good chance to consider in accumulating some...

 

GenSp FY2011 net profit estimated to be $1.1billion without junket operation  .If junket operation was to be factored in ,it will make lot of difference.And i have not included the subsequent opening of Marine life Museum/Aquarium/Transformers/Spa/Villas/Hotels that will bring in more revenue in.Many of you will wonder how will the junket operation boost GenSp profit.I can tell you it will make a huge difference.About 60%-65% of Casino revenue come from the high rollers while the rest fr mass market.

From the last AGM 2010 ,they mentioned of pending the approval of 30 junket operators by CRA.And these junket operators have very good connections with rich ppl so that they are able to bring ppl from over all the world to Singapore to gamble.And because of Singapore's low gaming tax,high rollers will be lured to here to gamble and the commission the junket operators can earn is much more attractive than other Casinos in the world coz Casino operators can pay them higher commission as the cost of running business here is lower.And again we can see ppl apply fundamentals analysis for this stock like PE too high ,EPS is too low ,overvalue and etc.Nothing wrong with it but this is a money spinning business ,very different from other business which sold products or services.


Frankly speaking ,this is a gaming industry and this industry sell one thing Dreams.Dream of becoming rich .And even with economic downturns,this industry is not much affected as Casino earning come mainly from the rich.And ppl really under estimated the income of the junket operators can bring to Casinos.Abt 60% -70% of Macau's Casino revenue come from junket operators,we can see a great price leap in GenSp shares once junket operation is approved and it will be announced soon.Hopefully by this year.

 

buy 1 lot every 5 cent drop? :P

iPunter      ( Date: 13-Aug-2011 16:38) Posted: Right now is the best time for you to test your idea...     Why don't you start buying right now? And if it goes                 down later, I hope you will average down like you                         are saying... Then if you are right, chances are                                        you will make a tons of money...                                               I do hope you will seriously do it, rather                                                       than just talking only ... If you make ton,                                                             I will definitely feel happy for you...                                                                     What say you?...

 

Right now is the best time for you to test your idea...

    Why don't you start buying right now? And if it goes

                down later, I hope you will average down like you

                        are saying... Then if you are right, chances are 

                                      you will make a tons of money...

                                              I do hope you will seriously do it, rather

                                                      than just talking only ... If you make ton,

                                                            I will definitely feel happy for you...

                                                                    What say you?...

 

Shouldn't one be averaging up in a bull market?  If anyone is averaging down in a bull market, I think he has picked the wrong stock to average.  I know some  investors who averaged down in the 2008 financial crisis who have made tons of money selling in 2009/2010.  Such opportunities don't come often.  Is this downturn another such opportunity? 

tanweechong      ( Date: 12-Aug-2011 23:33) Posted: Average down is a painful lesson that I have learnt  and paid a very high price....... I think avearge down can only work in a bull run (2009 to 2010 after financial crisis)......In a difficult time like now....short  & cut loss is the  best option to protect your captial....if not game over very fast iPunter      ( Date: 12-Aug-2011 23:22) Posted: You are right...     Only people with experience can talk sense.         Averaging down can send people to their grave...                  The real problem is no one knows when a                               downtrend will end...

 

Exactly why for a lot of US market session, u will notice by normal sense, the market is to slump but yet, it bounces up to green. Too many  countries  are stuck in it, they like it or not, they will do whatever to keep it afloat.

rotijai      ( Date: 13-Aug-2011 13:57) Posted: tat's the risk tat someone is willing to take :P like  whack 10 lots on any pennies and be prepared to write it off.. like wat u said, ppl will sill say how strong the fundamental is :P it's just like the US treasuries, we all know all messy the situation is.. but most of the countries are stucked in it, wat else can  they do? nth except self-reassuring and assuring  others tat fundamentally it's still strong :)  iPunter      ( Date: 13-Aug-2011 12:29) Posted: Hahaha...       How can one think it is cheap when no one           knows how cheap it can go? ... lol...                       If it is so easy to know, then a lot of people                                   would not have died ...

 

tat's the risk tat someone is willing to take :P

like  whack 10 lots on any pennies and be prepared to write it off..

like wat u said, ppl will sill say how strong the fundamental is :P

it's just like the US treasuries, we all know all messy the situation is.. but most of the countries are stucked in it, wat else can  they do? nth except self-reassuring and assuring  others tat fundamentally it's still strong :) 

iPunter      ( Date: 13-Aug-2011 12:29) Posted: Hahaha...       How can one think it is cheap when no one           knows how cheap it can go? ... lol...                       If it is so easy to know, then a lot of people                                   would not have died ... rotijai      ( Date: 13-Aug-2011 12:00) Posted: this boat is safe afterall (as in it wont crash and close shop unless the gov decides to ban casino in sg).. to buy and hold.. one needs to be careful with the price only buy if u think it's really chea

 

Not referring to you, but that is precisely the reason why people died...

    They did not believe that prices could go much lower...

          But hope that doesn't happen, though... lol...

stoheart72      ( Date: 13-Aug-2011 13:21) Posted: lol actually no one should die, unless they bought the shares with someone else's money. In situation like these, just hold, gsp definately will go back up, just a matter of time. And I do agree no one knew what is the lowest price, but judging from the recent slump, it wasnt due to gsp's problem but rather majorly due to the economy fear. So to me it cant go much lower now, maybe in Monday's trading it will drop some due to  lots of small time  investors' fear of the reports, but those big time investors will be watching and take the opportunity to buy in all the cheap shares and watch it rise after. iPunter      ( Date: 13-Aug-2011 12:29) Posted: Hahaha...       How can one think it is cheap when no one           knows how cheap it can go? ... lol...                       If it is so easy to know, then a lot of people                                   would not have died ...

 

lol actually no one should die, unless they bought the shares with someone else's money. In situation like these, just hold, gsp definately will go back up, just a matter of time. And I do agree no one knew what is the lowest price, but judging from the recent slump, it wasnt due to gsp's problem but rather majorly due to the economy fear. So to me it cant go much lower now, maybe in Monday's trading it will drop some due to  lots of small time  investors' fear of the reports, but those big time investors will be watching and take the opportunity to buy in all the cheap shares and watch it rise after.

iPunter      ( Date: 13-Aug-2011 12:29) Posted: Hahaha...       How can one think it is cheap when no one           knows how cheap it can go? ... lol...                       If it is so easy to know, then a lot of people                                   would not have died ... rotijai      ( Date: 13-Aug-2011 12:00) Posted: this boat is safe afterall (as in it wont crash and close shop unless the gov decides to ban casino in sg).. to buy and hold.. one needs to be careful with the price only buy if u think it's really chea

 

Hahaha...

      How can one think it is cheap when no one

          knows how cheap it can go? ... lol...

                      If it is so easy to know, then a lot of people

                                  would not have died ...

rotijai      ( Date: 13-Aug-2011 12:00) Posted: this boat is safe afterall (as in it wont crash and close shop unless the gov decides to ban casino in sg).. to buy and hold.. one needs to be careful with the price only buy if u think it's really cheap stoheart72      ( Date: 13-Aug-2011 11:56) Posted: There is a lot of factors that seems to be affecting genting sp right now. But the biggest problem I see is the fear factor of the global economy unstability issue. If I am to view genting sp as itself, I would  buy and hold. A few reason that I observed is firstly, MBS is different from gsp, it does not have an IR capability which gsp has. So for now MBS have to take a different strategy concept, trying to grab in as much VIP accounts as possible. But even most VIPs have family members, who will like to enjoy themselves in all those IR facilities while the VIP gamble away in the casino. That is one of the advantage I view that gsp has over in Singapore. Second reason, more of a personal view, nowadays most part of the world is facing some sort of disaster, if I am a tourist looking for a place to enjoy, it would be south east asia, especially singapore and malaysia. thus a plus for the gaming market in singapore. Third  reason, as an overall situation, Asia is the golden zone for gaming business, as the saying goes, Chinese is the biggest gambling addicts. In times of prosperity, people gamble for leisure, in times of crisis, people trying for a lucky streak to save the day. So all in all, I will say, for short term trader,  this period is  an opportunity to short, but for more serious investors, gsp is definately a very secure share to buy and hold.

 

Their 1st Q was good cos their winning rate was better last year... this year winning rate lower but others such as USS, hotels etc upzzz....

Its how the pros want to paint the picture.... win rate lower.. means got VVIPs actually win lo....

but overall they still earning ma... if their winning rates forever super good... i VVIP also don wan go.. step in confirm $$$ gone... bo chance fight... lol

 

this boat is safe afterall (as in it wont crash and close shop unless the gov decides to ban casino in sg)..

to buy and hold.. one needs to be careful with the price

only buy if u think it's really cheap

stoheart72      ( Date: 13-Aug-2011 11:56) Posted: There is a lot of factors that seems to be affecting genting sp right now. But the biggest problem I see is the fear factor of the global economy unstability issue. If I am to view genting sp as itself, I would  buy and hold. A few reason that I observed is firstly, MBS is different from gsp, it does not have an IR capability which gsp has. So for now MBS have to take a different strategy concept, trying to grab in as much VIP accounts as possible. But even most VIPs have family members, who will like to enjoy themselves in all those IR facilities while the VIP gamble away in the casino. That is one of the advantage I view that gsp has over in Singapore. Second reason, more of a personal view, nowadays most part of the world is facing some sort of disaster, if I am a tourist looking for a place to enjoy, it would be south east asia, especially singapore and malaysia. thus a plus for the gaming market in singapore. Third  reason, as an overall situation, Asia is the golden zone for gaming business, as the saying goes, Chinese is the biggest gambling addicts. In times of prosperity, people gamble for leisure, in times of crisis, people trying for a lucky streak to save the day. So all in all, I will say, for short term trader,  this period is  an opportunity to short, but for more serious investors, gsp is definately a very secure share to buy and hold.

 

There is a lot of factors that seems to be affecting genting sp right now. But the biggest problem I see is the fear factor of the global economy unstability issue. If I am to view genting sp as itself, I would  buy and hold. A few reason that I observed is firstly, MBS is different from gsp, it does not have an IR capability which gsp has. So for now MBS have to take a different strategy concept, trying to grab in as much VIP accounts as possible. But even most VIPs have family members, who will like to enjoy themselves in all those IR facilities while the VIP gamble away in the casino. That is one of the advantage I view that gsp has over in Singapore.

Second reason, more of a personal view, nowadays most part of the world is facing some sort of disaster, if I am a tourist looking for a place to enjoy, it would be south east asia, especially singapore and malaysia. thus a plus for the gaming market in singapore.

Third  reason, as an overall situation, Asia is the golden zone for gaming business, as the saying goes, Chinese is the biggest gambling addicts. In times of prosperity, people gamble for leisure, in times of crisis, people trying for a lucky streak to save the day.

So all in all, I will say, for short term trader,  this period is  an opportunity to short, but for more serious investors, gsp is definately a very secure share to buy and hold.

 

if H-H drops... RWS can consider to close shop.

rmb RWS only starts operation after CNY?

so RWS only opened business for 4+ months in 2010 1H..

while they run business for full 6 months in this H..

baberic      ( Date: 13-Aug-2011 10:04) Posted: Looking at the results, Qtr to Qtr all figures are down.   Looking at the halfyear to halfyear results, all figures are up with considerable improvements.   So do you sell or do you buy? We must estimate the big picture and I think that is important. Market will be confused for sure.

 

Earning more or less is not important.Important is earning in line with market expectation.If market expect loss but loss is less than expectation , stock also will chiong.