Genting Sing    Last:0.755    -0.005

GenSp starts to move up again

Genting  Singapore  -   Technical Analysis   update

Genting stock has established a steep major uptrend. Regarding the mid-term technicals it is confined in a symmetrical triangle pattern. A break above the upper confine currently at 2.20 would suggest resumption of the prior bull run, targeting the recent peak at 2.35 and then 2.70. Violation of the lower confine near 2.01 on the other hand would inflict near-term technical damage and could trigger a correction towards around 1.68. The longer-term uptrend remains in force unless the latter support is broken. Looking at the very short-term technical situation, price found support at 2.04 the past three sessions.

/dbwarrants/ 

 

This stock is a 'buy on low dip' for me. 

Cant go wrong with money generating company.

krisluke      ( Date: 08-Feb-2011 17:20) Posted: Genting Singapore uptrend not in danger - AmFraser AmFraser analyst Najeeb Jarhom says recent downward pressure on Genting Singapore (G13.SG) “should not endanger” the stock’s recent uptrend so long as the price holds above the key $1.84-$1.92 breakout points.  However, the house reckons resistance will stay in place at the $2.12-$2.22 band for now. The stock is +0.5% at $2.07.    “Frequent testing of lower end of $2.00-$2.22 must have left traders edgy” but minimum weekly closing prices since mid-September remain well above weekly lows, which ”should neutralize some of their fears.“    It pegs a near-term target price at $2.12-$2.16.

 

Genting  Singapore  -   Technical Analysis

Genting stock has established a steep major uptrend. Regarding the mid-term technicals it is confined in a symmetrical triangle pattern. A break above the upper confine currently at 2.20 would suggest resumption of the prior bull run, targeting the recent peak at 2.35 and then 2.70. Violation of the lower confine near 2.01 on the other hand would inflict near-term technical damage and could trigger a correction towards around 1.68. The longer-term uptrend remains in force unless the latter support is broken..

//

dbwarrants/

 

 

 

 

GENTING SINGAPORE
• Q4 results from Las Vegas Sands (swing to a US$273 mln profit from a US$114 mln loss a year
ago, thanks to a strong showing in Singapore* and Macau) should give Genting shares a boost.
*Marina Bay Sands’ pretax profit rose 26.4% q-o-q to US$305.8 mln, representing 41% of group
total of US$738.9 mln. Indeed, profit in December alone was US$110 mln. • At recent low of $2.00 last Monday Jan 31st, Genting’s share price had fallen 35 cents or 15% from the record high on Nov 9th of $2.35. • The trigger was the disappointing Q3, when profit of S$182.08 mln was not as robust as Q2’s S$396.52 mln.


• Technically, Genting remains a BUY having held up well above the $2 roundophobia level.
• Genting is likely to release Q4 results this Thursday Feb 10th, given results for the preceding 3 quarters were all released on Thursdays before mid-month.

http://www.remisiers.org/cms_images/Daily_Review_LT-070211.pdf

 

HE is here to warn us that if this stock goes up to $3.00  or $5.00,  I will recall all the male singapoerans , go back to NS to serve, even as old as 65 years old.

There should have something for you 65 or 70 years old to do than gambling all your life away!!

krisluke      ( Date: 05-Feb-2011 22:42) Posted: Ready for cny rally :)

 

OCBC cannot la.... Buy UOB

ic1990      ( Date: 07-Feb-2011 14:28) Posted: OCBC last 3 sessions all black candle but close up higher than the previous day. is that bearish? or very bearish? I seem to have the reverse midas touch

 

OCBC last 3 sessions all black candle but close up higher than the previous day. is that bearish? or very bearish? I seem to have the reverse midas touch

 

dont worry too much ... Ang mo  House  will buy

rickyw      ( Date: 07-Feb-2011 14:17) Posted: bleeding... risktaker      ( Date: 07-Feb-2011 13:57) Posted: Genting SP may release its Q4 on 21st Feb after trading hours.... Are you Ready ? Hope the shorters will short/Sell more Genting  SP !! HUAT AH So  we can collect cheaper....

 

bleeding...

risktaker      ( Date: 07-Feb-2011 13:57) Posted: Genting SP may release its Q4 on 21st Feb after trading hours.... Are you Ready ? Hope the shorters will short/Sell more Genting  SP !! HUAT AH So  we can collect cheaper....

 

Genting SP may release its Q4 on 21st Feb after trading hours.... Are you Ready ?

Hope the shorters will short/Sell more Genting  SP !! HUAT AH

So  we can collect cheaper....   

 

MBS profit is better than RWS. 

MBS feng shui is very " harsh"   on  gamblers.   

 

The ghosts will 踩 别 人 的 背 爬 上 去 。

yummygd      ( Date: 07-Feb-2011 12:34) Posted: my friend cous in law open phillips one. super rich. when they say how got recommendations or not. U know what they say ?I recommend u dun touch stocks hahahahaha cause they themselves dun buy also niuyear      ( Date: 07-Feb-2011 09:41) Posted: These people are   'GHOSTs'. Big eat small, small eat x-small.......   P/s - Know of someone from one of the Stock Exchanges once said :   I never touched stocks!

 

Someone is shorting genting SP

I am waiting it to fall to 2.01 hehe so i can buy

rickyw      ( Date: 07-Feb-2011 13:22) Posted: sigh...any comment why drop so much today? is it profit taking or..

 

sigh...any comment why drop so much today? is it profit taking or..

 

my friend cous in law open phillips one. super rich. when they say how got recommendations or not. U know what they say ?I recommend u dun touch stocks hahahahaha cause they themselves dun buy also

niuyear      ( Date: 07-Feb-2011 09:41) Posted: These people are   'GHOSTs'. Big eat small, small eat x-small.......   P/s - Know of someone from one of the Stock Exchanges once said :   I never touched stocks!     sinetic8      ( Date: 05-Feb-2011 23:11) Posted: do you guys notice something? When Genting has fallen for the past few days to $2.00 low, there isn't any report regarding their outlook bla bla bla. But when Genting rise 8 cents, then the positive reports all come out (regarding their tourists arrivals, cny etc etc). All these are just the manipulation and mind games from the BB. Do your research and trust your own judgement. Don't fall into any " positive" or " negative" trap man.   Chinese New Year to ALL! ALL THE BEST!

 

These people are   'GHOSTs'.

Big eat small, small eat x-small.......

 

P/s - Know of someone from one of the Stock Exchanges once said :   I never touched stocks!

 

 

sinetic8      ( Date: 05-Feb-2011 23:11) Posted: do you guys notice something? When Genting has fallen for the past few days to $2.00 low, there isn't any report regarding their outlook bla bla bla. But when Genting rise 8 cents, then the positive reports all come out (regarding their tourists arrivals, cny etc etc). All these are just the manipulation and mind games from the BB. Do your research and trust your own judgement. Don't fall into any " positive" or " negative" trap man.   Chinese New Year to ALL! ALL THE BEST! samson      ( Date: 05-Feb-2011 11:59) Posted: Singapore Hot Stocks-Genting Singapore up on improved Q4 outlook   SINGAPORE, Feb 2 (Reuters) - Shares of casino operator Genting Singapore rose as much as 3.4 percent on Wednesday on hopes it will post better fourth quarter result compared to the previous quarter. At 0313 GMT, Genting Singapore shares were up 2.9 percent at S$2.11 on a volume of 48.9 million shares traded. Genting Singapore said its Resorts World at Sentosa casino resort contributed EBITDA of S$346.5 million ($272.7 million) in its third quarter, down from S$503.5 million in the second quarter amid competition from Las Vegas Sands' newly opened Marina Bay Sands. EBITDA refers to earnings before interest, taxes, depreciation and amortisation. Genting Singapore's fourth quarter result is expected to be released in late February. " Their share price has come down a fair bit, so not surprisingly people go bottom-fishing... One concern was that their fourth quarter result was going to be uninspiring because of the cannibalisation from Marina Bay Sands," said Joseph Wong, an analyst at CIMB Research.   " But during holidays they are pulling in a lot of families and there is expectation of the opening of more attractions in 2011," he said. ($1 = 1.271 Singapore Dollars) (Reporting by Eveline Danubrata Editing by Kevin Lim) Keywords: SINGAPORE MARKET STOCKS/GENTINGSINGAPORE (eveline.danubrata@thomsonreuters.com)(+65 6403 5669)(Reuters Messaging: eveline.danubrata.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. http://www.cnbc.com/id/41380823

 

if no wrong u should be able to see genting 2.40-2.55 this year donno when  though  :)    hehe BOSAYOR

 

well... quite a few houses release reports of genting with a TP  2.70+ ... I guess ur not just well informed.... 2 weeks ago... even today has a report on a Buy Call on Genting.... from one of brokerage firm...

sinetic8      ( Date: 05-Feb-2011 23:11) Posted: do you guys notice something? When Genting has fallen for the past few days to $2.00 low, there isn't any report regarding their outlook bla bla bla. But when Genting rise 8 cents, then the positive reports all come out (regarding their tourists arrivals, cny etc etc). All these are just the manipulation and mind games from the BB. Do your research and trust your own judgement. Don't fall into any " positive" or " negative" trap man.   Chinese New Year to ALL! ALL THE BEST! samson      ( Date: 05-Feb-2011 11:59) Posted: Singapore Hot Stocks-Genting Singapore up on improved Q4 outlook   SINGAPORE, Feb 2 (Reuters) - Shares of casino operator Genting Singapore rose as much as 3.4 percent on Wednesday on hopes it will post better fourth quarter result compared to the previous quarter. At 0313 GMT, Genting Singapore shares were up 2.9 percent at S$2.11 on a volume of 48.9 million shares traded. Genting Singapore said its Resorts World at Sentosa casino resort contributed EBITDA of S$346.5 million ($272.7 million) in its third quarter, down from S$503.5 million in the second quarter amid competition from Las Vegas Sands' newly opened Marina Bay Sands. EBITDA refers to earnings before interest, taxes, depreciation and amortisation. Genting Singapore's fourth quarter result is expected to be released in late February. " Their share price has come down a fair bit, so not surprisingly people go bottom-fishing... One concern was that their fourth quarter result was going to be uninspiring because of the cannibalisation from Marina Bay Sands," said Joseph Wong, an analyst at CIMB Research.   " But during holidays they are pulling in a lot of families and there is expectation of the opening of more attractions in 2011," he said. ($1 = 1.271 Singapore Dollars) (Reporting by Eveline Danubrata Editing by Kevin Lim) Keywords: SINGAPORE MARKET STOCKS/GENTINGSINGAPORE (eveline.danubrata@thomsonreuters.com)(+65 6403 5669)(Reuters Messaging: eveline.danubrata.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. http://www.cnbc.com/id/41380823

 

they accumulated until they are satisfied and push up the price and issue reports together. you know who you are.