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Yea , MBS result will be included in the report.Fr MBS earning and revenue ,we can roughly gauge how GenSp Q2 will fare.
pharoah88 ( Date: 22-Jul-2011 10:18) Posted:
26 JULY 2011 Tuesday
Las Vegas Sands
? ? ? ?
Citigold ( Date: 21-Jul-2011 21:58) Posted:
We shall have a glimpse of GenSp Q2 result on 26 of July as Las Vegas Sands will be releasing their Q2 result.From there we will roughly know how GenSp Q2 result will fare.
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26 JULY 2011 Tuesday
Las Vegas Sands
? ? ? ?Citigold ( Date: 21-Jul-2011 21:58) Posted:
We shall have a glimpse of GenSp Q2 result on 26 of July as Las Vegas Sands will be releasing their Q2 result.From there we will roughly know how GenSp Q2 result will fare.
iPunter ( Date: 21-Jul-2011 19:28) Posted:
It may even rebound higher than that...
A quick charge up to 2.00 is not unthinkable..
And that will be when ecstacy and confidence takes over... 
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Thus it follows that it's really pointless to proclaim with any
pride that one is right
after the outcome is known.
Because in the first place, those who are contentious
of the outcome (either way) should have "
mau" (
whack bigly)
if they are staunchly contentious enough...
iPunter ( Date: 22-Jul-2011 08:26) Posted:
All is betting...
edchai ( Date: 22-Jul-2011 08:08) Posted:
You are absolutely right ! Lets see what happen and good luck to everyone.
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All is betting...
edchai ( Date: 22-Jul-2011 08:08) Posted:
You are absolutely right ! Lets see what happen and good luck to everyone.
louis001 ( Date: 21-Jul-2011 22:20) Posted:
it's not what you think or I think, it's what they(BBs/Institutions) think that matters,
but even they(experts) among themselves also think differently,
someone once said: " Seeing is believing" ..... cheers... |
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You are absolutely right ! Lets see what happen and good luck to everyone.
louis001 ( Date: 21-Jul-2011 22:20) Posted:
it's not what you think or I think, it's what they(BBs/Institutions) think that matters,
but even they(experts) among themselves also think differently,
someone once said: " Seeing is believing" ..... cheers... |
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On Thursday, Genting SP re-test the support at $1.77 and closed at $1.795 with HIGH volume of 0.13 billion shares traded.
A white candle stick with short upper shadow indicates that investors are buying on the bargain stock after the recent fall.
RSI & MACD are bearish as RSI trend downwards.
Immediate Resistance of Genting SP: $1.84
Immediate Support of Genting: $1.77
Currently prices are well below 20/50/100/200 days MA.
On 19/July, Genting SP undergo.............. READ MORE
it's not what you think or I think, it's what they(BBs/Institutions) think that matters,
but even they(experts) among themselves also think differently,
someone once said: " Seeing is believing" ..... cheers...
We shall have a glimpse of GenSp Q2 result on 26 of July as Las Vegas Sands will be releasing their Q2 result.From there we will roughly know how GenSp Q2 result will fare.
iPunter ( Date: 21-Jul-2011 19:28) Posted:
It may even rebound higher than that...
A quick charge up to 2.00 is not unthinkable..
And that will be when ecstacy and confidence takes over...
Citigold ( Date: 21-Jul-2011 18:04) Posted:
| Let see whether GENSP can retrace back to $1.85 lvl. |
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This counter has been dropping like sheet since the
2.35 peak...
Just let the dust settled and I strongly believe GenSp will come back.
obviously when the db report came out on wednesday. genting took a hit. As ang mo sell the stocks down together. wednesday genting was trading at high volume. There are.sellers and buyers. if not the heavy selling will sent genting down 1.70 right away. Genting sp currently has a 20% chance of really going in downtrend mode unless price rebounce back to 1.94 by early next month you will not see genting sp hitting 2.00 for a while. unless the earning reports surprise us.
good luck. BOSAYOR
i will buy or trade.genting sp everyday as long as it is under 1.80
It may even rebound higher than that...
A quick charge up to
2.00 is not unthinkable..
And that will be when ecstacy and confidence takes over...
Citigold ( Date: 21-Jul-2011 18:04) Posted:
| Let see whether GENSP can retrace back to $1.85 lvl. |
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Let see whether GENSP can retrace back to $1.85 lvl.
| CIMB Squawk Box... |
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| Recent share price weakness makes Genting Singapore a screaming buy! |
Confused?
There were various brokers' reports with various recommendations on Genting Singapore (GENS) in the last two weeks or so. Stock price in recent days has been gyrating up and down in very sizeable volume.
Should you buy GENS?
Yes Yes Yes.
You should own this.
One of the de-rating factors that affected stock price was investors' argument that the above-theoretical win rate is not sustainable and the effect will be prominent in the next few quarters (i.e. 2Q and 3Q).
As the matter of fact, we mentioned this couple of months back posts GENS 1Q11 result. By the way, in case you forgotten this, 1Q11 result was by and large a stellar one.
Yes for sure, the normalization at RWS is expected in the coming quarters but Singapore gaming market could grow at 44% to reach S$7bn in 2011, suggesting that there's no let up in market share to MBS. Well, at least in gaming dollar term. RWS was still the GGR market share leader with over 60% of the gaming pie.
Very cleverly, RWS can optimize utilization of gaming space to drive the gaming revenue. Now currently it has a VIP: mass market table mix of 30:70 there about, but we figure that it will reshuffle the tables if the VIP segment continues to outpace the mass market. Revenue mix-wise, the VIP:non-VIP ratio should tilt higher than the 61:39 mark we saw in 1Q11.
Beyond gaming revenue, the RWS's four hotels continued to perform well with climbing occupancy rate. With Journey to Madagascar launched in mid-May and USS to be opened at end-May, management remained upbeat on the attractiveness of USS to draw in more visitors, which in turn could translate into higher casino patronage and gaming revenue (something that we should see reflected in 2Q11 numbers).
We reiterate OUTPERFORM with a target price of S$2.79.
How to trade this: Prices have fallen to its long term bullish flag support and this is the fourth test of this support trend line. We saw a sharp rise in volume yesterday, which could possibly be a selling climax.
If prices close where they are right now, it would form an inside day, which is a potential reversal signal.
The MACD and RSI are still falling but if prices hold where they are, then we see a strong potential for a bullish divergence signal. As there are still no firm reversal signals, we think that only aggressive traders should go long here with a stop placed below the recent low of S$1.755.
On the upside, resistance is seen around the S$1.94 or 50-day SMA.
A breakout above this level should send prices climbing towards its 200-day SMA at S$2.06.
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edchai ( Date: 20-Jul-2011 13:38) Posted:
Weaker quarterly report means buying opportunity ??
Comment ?
Greenbean ( Date: 20-Jul-2011 11:01) Posted:
DJ MARKET TALK: DB Downgrades Genting To Hold, Slashes Target (2011/07/20 09:59AM)
0159 GMT [Dow Jones] STOCK CALL: Deutsche Bank downgrades Genting Singapore (G13.SG)
to Hold from Buy, slashes its target to S$1.90 from S$2.43, on a lower
13X EV/EBITDA, saying 2Q gaming trend is likely to disappoint. " Our
recent visits to Singapore and channel
checks suggest the 2Q gaming trend is likely to be soft on-quarter. We
expect Genting Singapore''s 2Q EBITDA to be around S$332 million (down
34% on-quarter and on-year), dampened by seasonality, a weaker quarter, a
reverse in high VIP hold and increasingly
intense mass-market competition." The house tips rival MBS to gain
" significant market share" in 2Q, up from 40% in 1Q. " We believe the
street is expecting S$350 million-S$400 million EBITDA in 2Q. Should the
share price overshoot fundamentals, we see S$1.62
(11X EV/EBITDA) as a good entry level." The house now expects junket
approval in 2012 and cuts FY11-FY13 earnings forecasts by 16%-21%. It
cites earlier-than-expected junket approval as a key upside risk. Shares
off 1.1% at S$1.81, underperforming the STI,
which gains 0.4%. (matthew.allen@dowjones.com)
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that's what they, BBs/Institutions, said about GentingSP, ....and as they expected ?
Shares of casino operator Genting Singapore fell as much as 4.1 per cent as traders expected the firm to report lower second-quarter earnings and rival Marina Bay Sands to gain more market share..AsiaOne Business, Wednesday,20/7
Being rich in the stock market should not be the goal...
Rather, if anyone can get better returns than the interest of bank
deposits in the long run, one would have done extremely well...
To most people, in stocks,
not losing is already winning...
limkt009 ( Date: 21-Jul-2011 09:12) Posted:
Sure, if not many will be rich...
iPunter ( Date: 20-Jul-2011 16:16) Posted:
But the stock market is such that when
you think it will go up, it goes down...
When you think it's going down,
it goes up instead... nothing new...
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Sure, if not many will be rich...
iPunter ( Date: 20-Jul-2011 16:16) Posted:
But the stock market is such that when
you think it will go up, it goes down...
When you think it's going down,
it goes up instead... nothing new...
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One dollar one dollar leylong coming?
This is because the stock market is a
live beast who knows your every thought... lol...
edchai ( Date: 21-Jul-2011 08:39) Posted:
Completely agree!
I believe many of you experienced this .... the counter moved up after you sell and moved down after you buy :-)
iPunter ( Date: 20-Jul-2011 16:16) Posted:
But the stock market is such that when
you think it will go up, it goes down...
When you think it's going down,
it goes up instead... nothing new...
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Completely agree!
I believe many of you experienced this .... the counter moved up after you sell and moved down after you buy :-)
iPunter ( Date: 20-Jul-2011 16:16) Posted:
But the stock market is such that when
you think it will go up, it goes down...
When you think it's going down,
it goes up instead... nothing new...
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