Home
Login Register
Genting Sing    Last:0.755    +0.01

GenSp starts to move up again

 Post Reply 3321-3340 of 23260
 
iPunter
    20-Jul-2011 16:27  
Contact    Quote!


It is a manifestation of trend...

    But then, and paradoxically, no knows the trend beforehand... Smiley


niuyear      ( Date: 20-Jul-2011 16:18) Posted:

why leh??

iPunter      ( Date: 20-Jul-2011 16:13) Posted:



Since it has been dropping like sheet since 2.35,

      this one may still have a long way more to drop...  Smiley




 
 
niuyear
    20-Jul-2011 16:18  
Contact    Quote!
why leh??

iPunter      ( Date: 20-Jul-2011 16:13) Posted:



Since it has been dropping like sheet since 2.35,

      this one may still have a long way more to drop...  Smiley



 
 
iPunter
    20-Jul-2011 16:16  
Contact    Quote!


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... Smiley


 

 
iPunter
    20-Jul-2011 16:13  
Contact    Quote!


Since it has been dropping like sheet since 2.35,

      this one may still have a long way more to drop...  Smiley


 
 
niuyear
    20-Jul-2011 16:09  
Contact    Quote!
He wants  stones......hahahaha!

Flyordie      ( Date: 20-Jul-2011 13:57) Posted:



When the price high, u say too " ayo, too expensive..."

When the price drop, u say " ayo, better don buy first..."

Ask yourself...What u want??

Forglory      ( Date: 20-Jul-2011 13:49) Posted:

why is this dropping like a stone?


 
 
AnthonyTan
    20-Jul-2011 16:04  
Contact    Quote!


Like iPunter say no such thing as cheap or expensive.

We must always remember the share price at that point in time.

3 mths ago the share price touched $2.30, now $1.78.

So, do you think $1.78 is cheap. Maybe will drop further and can be cheaper.

Not a call, my illustration only.

 

Flyordie      ( Date: 20-Jul-2011 13:57) Posted:



When the price high, u say too " ayo, too expensive..."

When the price drop, u say " ayo, better don buy first..."

Ask yourself...What u want??

Forglory      ( Date: 20-Jul-2011 13:49) Posted:

why is this dropping like a stone?


 

 
iPunter
    20-Jul-2011 14:17  
Contact    Quote!


In stocks, there's no such thing as 'cheap' or 'expensive'.

  But these days, stocks can really drop like sheet...   Smiley


Flyordie      ( Date: 20-Jul-2011 13:57) Posted:



When the price high, u say too " ayo, too expensive..."

When the price drop, u say " ayo, better don buy first..."

Ask yourself...What u want??

Forglory      ( Date: 20-Jul-2011 13:49) Posted:

why is this dropping like a stone?


 
 
Isolator
    20-Jul-2011 14:08  
Contact    Quote!
Better run... can see 1.6
 
 
Flyordie
    20-Jul-2011 13:57  
Contact    Quote!


When the price high, u say too " ayo, too expensive..."

When the price drop, u say " ayo, better don buy first..."

Ask yourself...What u want??

Forglory      ( Date: 20-Jul-2011 13:49) Posted:

why is this dropping like a stone?

 
 
Forglory
    20-Jul-2011 13:49  
Contact    Quote!
why is this dropping like a stone?
 

 
edchai
    20-Jul-2011 13:38  
Contact    Quote!


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


NewYorkCity      ( Date: 20-Jul-2011 10:44) Posted:

others go up and it free fall. Anybody know what happen? Any bad news?


 
 
louis001
    20-Jul-2011 12:57  
Contact    Quote!


have never look at gambling stock Genting.....now -5cts at top vol, it's 3 times vol of that GolderAgri....WOW..try to take a closer look....

from a high of 2.26 abt 3 months ago to ...1.78  breaking support of past 6 months 1.83....humm,,,and analyst downgrade....S$1.62 entry price was last year's Aug' price. WOW, what kind of game they are trying to play ???

Quote " 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."
 
 
iPunter
    20-Jul-2011 12:05  
Contact    Quote!


You are right...

    Holding may be taboo...   Smiley


forgot2bme      ( Date: 20-Jul-2011 12:03) Posted:

I think it's a good price to enter at $1.77-1.78 for a short rebound...

 
 
forgot2bme
    20-Jul-2011 12:03  
Contact    Quote!
I think it's a good price to enter at $1.77-1.78 for a short rebound...
 
 
iPunter
    20-Jul-2011 12:00  
Contact    Quote!


If speculative stocks are on a downtrend,

    that itself can reveal a lot about whole the market's outlook.

              The market outlook represents the main trend...  Smiley


AnthonyTan      ( Date: 20-Jul-2011 11:07) Posted:



SO FAR THIS STOCK HAS NOT PAY ANY DIVIDEND.

FOR SPECULATION PURPOSES ONLY.

 

 
AnthonyTan
    20-Jul-2011 11:07  
Contact    Quote!


SO FAR THIS STOCK HAS NOT PAY ANY DIVIDEND.

FOR SPECULATION PURPOSES ONLY.
 
 
Greenbean
    20-Jul-2011 11:01  
Contact    Quote!


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


NewYorkCity      ( Date: 20-Jul-2011 10:44) Posted:

others go up and it free fall. Anybody know what happen? Any bad news?

 
 
pharoah88
    20-Jul-2011 10:55  
Contact    Quote!


singapore share vOlume  ? ? ? ?

tOO  lOw  ? ? ? ?

easily  cOrnered  ? ? ? ?




like  COE  ? ? ? ?

like  HDB  ? ? ? ?
 
 
New123
    20-Jul-2011 10:50  
Contact    Quote!
Yup. Looks like the BBs are into this. Look for it to go up by end of the day...

pharoah88      ( Date: 20-Jul-2011 10:44) Posted:



shOrt 

shOrt

shOrt

shOrt 

 
 
pharoah88
    20-Jul-2011 10:44  
Contact    Quote!


shOrt 

shOrt

shOrt

shOrt 
 
Important: Please read our Terms and Conditions and Privacy Policy .