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BullishTempo     28-Oct-2010 12:30  
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Genting to report 3Q November 11; shares +3.3% at $2.20, fell 4.1% Wednesday. 

pcxiao2008      ( Date: 28-Oct-2010 12:28) Posted:

hmmm..good question...but when is the results releasing? and how to u see the coming results?

likely i can't do much this aftn...as i wun be spore..is either i buy now or wait again



BullishTempo      ( Date: 28-Oct-2010 12:25) Posted:



Are you preparing to sell end of today, or keep till announcement date?

If sell end of today, not advisable to buy now, near 2.20 resistance. 


 
 
trade123     28-Oct-2010 12:30  
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BT i am very keen to join your training. Are you able to advise on the duration of your course and most likely to be conducted next year ?

petersonjack      ( Date: 28-Oct-2010 12:08) Posted:

i also want to enroll your course Bullish tempo.

Tell me more the details like fee and so on..



Raptor22      ( Date: 28-Oct-2010 11:55) Posted:

Great but let us know what preparation is needed.

eg Laptop (surely la), which platform/broker to register with (one that you are familiar wld be better, right?), am/pm, and any more others may think of.



 
 
BullishTempo     28-Oct-2010 12:28  
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It still feels like investors are jittery over outcome of QE2. So I am going to expect profit taking in the afternoon for STI.

GenSp is pushed up today by bullish news on MBS earnings. But given the UOB KH news with slight bearish tone for GenSp, plus overall STI sentiment, I do not think 2.20 can be broken today.

It will be good as long as price maintains at 2.18 or above. A break below 2.18 indicates lack of confidence for  GenSp 3rd quarter results. 



pcxiao2008      ( Date: 28-Oct-2010 12:23) Posted:

so what you mean is hold 1st to enter? but then what's ur view in the aftn trade?

BullishTempo      ( Date: 28-Oct-2010 12:18) Posted:

 

Look at STI chart. Diving down at the moment. I won't enter a long position when STI is going down like right now. 



 

 
pcxiao2008     28-Oct-2010 12:28  
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hmmm..good question...but when is the results releasing? and how to u see the coming results?

likely i can't do much this aftn...as i wun be spore..is either i buy now or wait again



BullishTempo      ( Date: 28-Oct-2010 12:25) Posted:



Are you preparing to sell end of today, or keep till announcement date?

If sell end of today, not advisable to buy now, near 2.20 resistance. 

 
 
BullishTempo     28-Oct-2010 12:25  
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Are you preparing to sell end of today, or keep till announcement date?

If sell end of today, not advisable to buy now, near 2.20 resistance. 
 
 
pcxiao2008     28-Oct-2010 12:23  
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so what you mean is hold 1st to enter? but then what's ur view in the aftn trade?

BullishTempo      ( Date: 28-Oct-2010 12:18) Posted:

 

Look at STI chart. Diving down at the moment. I won't enter a long position when STI is going down like right now. 



eastcivic      ( Date: 28-Oct-2010 12:16) Posted:

true..... i was actually thinking of buying at 2.19..... somehow i think the 2.20 might break...


 

 
BullishTempo     28-Oct-2010 12:23  
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STI should find support soon, so just wait a bit.  



BullishTempo      ( Date: 28-Oct-2010 12:18) Posted:

 

Look at STI chart. Diving down at the moment. I won't enter a long position when STI is going down like right now. 



eastcivic      ( Date: 28-Oct-2010 12:16) Posted:

true..... i was actually thinking of buying at 2.19..... somehow i think the 2.20 might break...


 
 
BullishTempo     28-Oct-2010 12:18  
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Look at STI chart. Diving down at the moment. I won't enter a long position when STI is going down like right now. 



eastcivic      ( Date: 28-Oct-2010 12:16) Posted:

true..... i was actually thinking of buying at 2.19..... somehow i think the 2.20 might break....

bladez87      ( Date: 28-Oct-2010 12:13) Posted:

i personally doubt so, however market can push very suddenly 1. if it were me, buy at 2.21 based on 2.20 wall, stop loss at 2.19 if the buy goes thru. gap up so strongly, although very bad but i hope it drops so i can enter again XD


 
 
niuyear     28-Oct-2010 12:18  
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Can we see the  big difference  of the  2 gambing industires:

One is public listed in singapore aka G13

The other one is not.



pharoah88      ( Date: 28-Oct-2010 12:13) Posted:

thIs  Is  a  very  BOLD  statement  pUttIng  dOwn  specIfIc fIgUres as thOUgh  It Is  by an InsIder    ? ? ? ?

WHY  It  dId  nOt  UpOn  thIs  mOrnIng's  rIse  Instead    ? ? ? ?



BullishTempo      ( Date: 28-Oct-2010 12:04) Posted:

Adds, no change to house view Genting’s 3Q10 EBITDA will fall significantly on-quarter to $300 million-$330 million vs 2Q EBITDA of $513.9 million. Genting to report 3Q November 11; shares +3.3% at $2.20, fell 4.1% Wednesday. 


 
 
eastcivic     28-Oct-2010 12:16  
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true..... i was actually thinking of buying at 2.19..... somehow i think the 2.20 might break....

bladez87      ( Date: 28-Oct-2010 12:13) Posted:

i personally doubt so, however market can push very suddenly 1. if it were me, buy at 2.21 based on 2.20 wall, stop loss at 2.19 if the buy goes thru. gap up so strongly, although very bad but i hope it drops so i can enter again XD

 

 
BullishTempo     28-Oct-2010 12:14  
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This news has a slight bearish effect. So just take note. However the previous article posted stated that the gaming market could be worth a lot more than anticipated. So there is a greater pie to be shared with GenSp and MBS. Both will benefit.

Nov 11 is the announcement date. Keep your fingers crossed.  Smiley 



BullishTempo      ( Date: 28-Oct-2010 12:04) Posted:

Adds, no change to house view Genting’s 3Q10 EBITDA will fall significantly on-quarter to $300 million-$330 million vs 2Q EBITDA of $513.9 million. Genting to report 3Q November 11; shares +3.3% at $2.20, fell 4.1% Wednesday. 

 
 
Citigold     28-Oct-2010 12:13  
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Agreed,more or less it will reduce Genting SP profitability,Based on the given data and imo those who r still holding to Genting SP might consider sell it off before the announcement date and re-enter again when the price dips.

bladez87      ( Date: 28-Oct-2010 12:08) Posted:

based on MBS revenue, it has a average of 3m per day from casino. as such it might actually eat into genting's earnings.

 
 
bladez87     28-Oct-2010 12:13  
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i personally doubt so, however market can push very suddenly 1. if it were me, buy at 2.21 based on 2.20 wall, stop loss at 2.19 if the buy goes thru. gap up so strongly, although very bad but i hope it drops so i can enter again XD
 
 
pharoah88     28-Oct-2010 12:13  
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thIs  Is  a  very  BOLD  statement  pUttIng  dOwn  specIfIc fIgUres as thOUgh  It Is  by an InsIder    ? ? ? ?

WHY  It  dId  nOt  UpOn  thIs  mOrnIng's  rIse  Instead    ? ? ? ?



BullishTempo      ( Date: 28-Oct-2010 12:04) Posted:

Adds, no change to house view Genting’s 3Q10 EBITDA will fall significantly on-quarter to $300 million-$330 million vs 2Q EBITDA of $513.9 million. Genting to report 3Q November 11; shares +3.3% at $2.20, fell 4.1% Wednesday. 

 
 
eastcivic     28-Oct-2010 12:09  
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looks like drop back again to 2.19...... 2.20 resistance can break today?

petersonjack      ( Date: 28-Oct-2010 12:08) Posted:

i also want to enroll your course Bullish tempo.

Tell me more the details like fee and so on..



Raptor22      ( Date: 28-Oct-2010 11:55) Posted:

Great but let us know what preparation is needed.

eg Laptop (surely la), which platform/broker to register with (one that you are familiar wld be better, right?), am/pm, and any more others may think of.



 

 
petersonjack     28-Oct-2010 12:08  
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i also want to enroll your course Bullish tempo.

Tell me more the details like fee and so on..



Raptor22      ( Date: 28-Oct-2010 11:55) Posted:

Great but let us know what preparation is needed.

eg Laptop (surely la), which platform/broker to register with (one that you are familiar wld be better, right?), am/pm, and any more others may think of.



BullishTempo      ( Date: 28-Oct-2010 11:50) Posted:

Oh so sorry, silly me!

Ok, course still being drafted up but will have the following :

1) Technical analysis, including candlestick analysis, breakout patterns, technical indicators ie. MACD, RSI, Stochastics, Williams, Bollinger, etc. 

2) How to use fibonacci to help you find out future resistance levels and price retracement levels.

3) How to keep track of news that move markets and stocks.

4) How to tell if today is a bull day or a bear day. Great for people who do Intraday trading and are savvy with longing and shorting.

5) How to do shorting with derivatives.

6) How to gauge market sentiments, including global market sentiments.

7) How to profit from Intraday trading using support and resistance and market depth.

8) How to set your platform to auto-sell on a downtrend and lock in your profits. How to auto-buy on an uptrend.

9) How to choose between various strategies for short-term, mid-term and long-term investors and traders. Also different strategies for cash and margin traders.

10) How to limit your risks and trade using your risk management plan.

11) Hand-holding live trading session in the classroom.

 May add on in the future. 

 



 
 
bladez87     28-Oct-2010 12:08  
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based on MBS revenue, it has a average of 3m per day from casino. as such it might actually eat into genting's earnings.
 
 
BullishTempo     28-Oct-2010 12:04  
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Adds, no change to house view Genting’s 3Q10 EBITDA will fall significantly on-quarter to $300 million-$330 million vs 2Q EBITDA of $513.9 million. Genting to report 3Q November 11; shares +3.3% at $2.20, fell 4.1% Wednesday. 
 
 
BullishTempo     28-Oct-2010 12:03  
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Marina Bay Sands 3Q suggests competition intensifies - UOB KH

Tags: Genting Singapore | Marina Bay Sands | Resorts World Sentosa | UOB KayHian Holdings

WRITTEN BY DOW JONES & CO, INC   
THURSDAY, 28 OCTOBER 2010 11:49
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UOB KayHian says Marina Bay Sands’ estimated 3Q10 casino EBITDA of about $278 million (after Las Vegas Sands 3Q results) “fell short of rising market chatter and expectation that MBS would pip Resorts World Sentosa this quarter.”

Notes, rolling chip volume at MBS of about $13.5 billion surpasses house estimates for Genting Singapore (G13.SG) of $11 billion, while rise in MBS’ VIP commission rates confirm view VIP segment competition intensified. 

“In terms of share of Singapore’s 3Q10 casino business, we reckon that MBS would claim close to a 50% share of industry EBITDA and play intensity (total gross amount wagered in VIP and mass),” says analyst Vincent Khoo. 
 
Adds, no change to house view Genting’s 3Q10 EBITDA will fall significantly on-quarter to $300 million-$330 million vs 2Q EBITDA of $513.9 million. Genting to report 3Q November 11; shares +3.3% at $2.20, fell 4.1% Wednesday. 


icetomato      ( Date: 28-Oct-2010 11:58) Posted:

Yesterday you didn't buy?

Citigold      ( Date: 28-Oct-2010 11:55) Posted:

I skeptical of the market shares anaylsis by the anaylsts.With S'pore aging population ,it is quite difficult to substain 2 casinos/entertainment resorts.The success of RWS or MBS will depend on the high numbers of tourists and high rollers flowing in and to attract this group of ppl,thier marketing dept have to come up new ideas and concept to keep the resorts attractive to compete with other entertainments resort around the globe.


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Citigold     28-Oct-2010 12:02  
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Was waiting for it to drop further todae ,but it did not after MBS news came out .lol

icetomato      ( Date: 28-Oct-2010 11:58) Posted:

Yesterday you didn't buy?

Citigold      ( Date: 28-Oct-2010 11:55) Posted:

I skeptical of the market shares anaylsis by the anaylsts.With S'pore aging population ,it is quite difficult to substain 2 casinos/entertainment resorts.The success of RWS or MBS will depend on the high numbers of tourists and high rollers flowing in and to attract this group of ppl,thier marketing dept have to come up new ideas and concept to keep the resorts attractive to compete with other entertainments resort around the globe.


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