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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![]() |
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Ready for cny rally :)
On Tuesday, Genting SP broke the minor resistance at $2.12 and closed at $2.13 with HIGH volume of 73.3 million shares traded.
A
rising window occurred (where the top of the previous
shadow is below the bottom of the current shadow). This usually
implies a continuation of a bullish trend.
RSI & MACD are bullish as MACD about to perform a golden cross.
Immediate Resistance of Genting SP: $2.15
Immediate Support of Genting: $2.12
Currently prices are resisted by 20/50/100 days MA.
On 24/Jan. Genting SP has broken the critical support at $2.15 which trigger the heavy selling by the investor.
The up trend line is........................
READ MORE
The newly established new moon phase (waxing) should
give the markets a good ooomphy boost...
Hopefully this boost will last till the Easter season ..
jm2212 ( Date: 02-Feb-2011 14:34) Posted:
surprised to see many stocks closed at the highest of the day, let's hope that DOW continue to trend up in the next few days, then many can collect ang pow next monday |
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Ahead of the Bell: Las Vegas Sands
NEW YORK - An analyst raised his price target for Las Vegas Sands Corp. on Friday, saying there is a near-term buying opportunity as the casino operator ramps up in Singapore and likely sees continued strength in Macau.
Late Thursday the Sheldon Adelson-led Las Vegas Sands reported that it returned to a fourth-quarter profit, helped by surging revenue in Macau and Singpore.
Macau is the only place in China where gambling is legal. Las Vegas Sands opened the Marina Bay Sands in Singapore in April.
JPMorgan's Joseph Greff said in a client note that Marina Bay Sands had a bigger-than-expected sequential drop in VIP volumes, but cautioned investors not to read too much into it.
" The property is relatively new, seasonality is unknown and this probably led to aggressive VIP volume forecasting," he wrote.
Greff said he was impressed with Marina Bay Sands' strong sequential improvements in mass market volumes and slot volumes, which carry higher margins than the VIP segment.
The analyst raised Las Vegas Sands' price target to US$56 from US$55. He maintained an " Overweight" rating for the Las Vegas company.
GENTING SP is $ 2.13
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![]()
surprised to see many stocks closed at the highest of the day, let's hope that DOW continue to trend up in the next few days, then many can collect ang pow next monday
Profit taking will take place between now and 12.30pm
But looking at Hang Seng now, I think profit taking will be light.
Amidst the currrent Middle East turmoil,
the Dow can do such a beautiful "
Cheong Aaaarrrhhh!!!" last night...
It is truly climbing a wall of (unnnecessary) worry...
SGG_SGG ( Date: 02-Feb-2011 11:08) Posted:
This heavy weight baby gotta participate, else it will be a dampener.
Note : Dow is resting above 12000.
niuyear ( Date: 02-Feb-2011 10:46) Posted:
Swee swee....see can hit hhigher....... |
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This heavy weight baby gotta participate, else it will be a dampener.
Note : Dow is resting above 12000.
niuyear ( Date: 02-Feb-2011 10:46) Posted:
Swee swee....see can hit hhigher....... |
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Hi bro,
2.15 can or not today??
恭 喜 发 财 ！ ！ krisluke ( Date: 02-Feb-2011 10:18) Posted:
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Resistance @ $2.09, if clear may see $2.15 
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Swee swee....see can hit hhigher.......
Resistance @ $2.09, if clear may see $2.15
| Genting Singapore buys Singapore Technologies Building for $146m |
Tags:
Genting Singapore |
Genting Singapore Plc
| Written by The Edge |
| Wednesday, 02 February 2011 00:01 |
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Genting Singapore PLC says its wholly-owned subsidiary, Resorts World Properties, has agreed to purchase Singapore Technologies Building at 3 Lim Teck Kim Road for $146 million from Singapore Technologies Holdings.
Singapore Technologies Building is a 13-storey freehold office building with office space on the ground floor. The property has an existing gross floor area of 128,600 square feet and an approved plot ratio of 6.6 over its freehold site area of 1,802.5 square metres. The property also contains 135 car parking lots.
As the property is close to the Resorts World Sentosa, Genting Singapore plans to house its support departments for the integrated resort in that building.
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| Last Updated on Wednesday, 02 February 2011 00:02 |
Coming report for financial yr end , will Genting writedown the amount they lost when they sell away their UK operation to Genting Malaysia?????
The
Inverted Saucer formation(still forming)
is not very inspiring at all for a bull run...
$2.00 as psychological support.. below may see $1.96 - $1.92...
1.85 is very attractive price indeed...
but like Alexchia01 says, it may also be possible
for it to fall further if support is not there when it reaches...
alexchia01 ( Date: 29-Jan-2011 14:24) Posted:
Just broken its support at $2.05. Looking at MACD and Candlesticks, it has a high chance of falling some more. Next Support is at $1.92. If breaks, next is $1.85. If $1.85 also cannot holds, be prepared for free fall to $1.50. Currently, STI is reversing upwards. Lets hope it can pull Genting SP up. If STI rise, but Genting SP didn't, it's better to get out. Good luck.
amilytan ( Date: 26-Jan-2011 21:16) Posted:
| anybody can advise about this stock? a lot of analyst rate outperform but these stock still look not perform. |
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Hey,Alex..are you Alexson Chia of CIMB???
Just broken its support at $2.05. Looking at MACD and Candlesticks, it has a high chance of falling some more.
Next Support is at $1.92. If breaks, next is $1.85. If $1.85 also cannot holds, be prepared for free fall to $1.50.
Currently, STI is reversing upwards. Lets hope it can pull Genting SP up. If STI rise, but Genting SP didn't, it's better to get out.
Good luck.
amilytan ( Date: 26-Jan-2011 21:16) Posted:
| anybody can advise about this stock? a lot of analyst rate outperform but these stock still look not perform. |
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