Genting Sing    Last:0.715    -0.02

outlook

Free quantity of right issue worth 2 cents per pc is given to those who hold the mother share. You can buy from the market the right issue share, now trading at the cost of 0.035 per pc.

 

Sorry, newbie question.

 

How do I subscript for Genting right's shares? Whats the mode of payment? Can I pay via cheque? 

 

I think temasek will invest in genting because of the IR project and the current discounted share price. Whe market is back to normal, whoever invested in this counter can reap a hugh profit. 

 

I think what we said here had attract some attention from big casino operation all over the world. They take our ideas and make their fortune. The share is climbing now.

 

hit 60cts also can exercise rights, at least u save on transaction costs and GST. Better still, if expect price to go down, might as well sell yr rights now..

 

I think it is time and opportunities for sand to takeover genting at this dirt cheap share price. If genting do not wish to let sand or other take over, they have to defend their share to make it unattractive for their rival by pushing up the price.

 

well..there could be Casino BBs artifically short selling this burger now..hee so that they can scoop it at cheaper price to own a share in the Genting IRs busi in sg ??? haha...anyway..i will wait and see if it will hit 60cts :P then that will be a BIGGEST joke of Rights issue..haha...when is Right issue last trading date ?? may be after that mother share will see some SUNSHINE !! hee...

 

this counter is only for skillful trader qand stronger believer for casino business.

 

I think this counter is oversold now. may move up anytime.

Another possibilities for the counter to move up is sb stop selling or no more share to sell, bb has to push up the price to attract sb coming in.

 

Melco is one of the casino operator in HK and listed in USA. Per share is usd 12.58 based on yesterday trading info.

Compare to genting share price now, genting is dirt cheap. The cheap share price now may attract big casino operator

 

I think now is a good time for those rich casino operators around the world to own a share in singapore IR by buying into genting now. If they have deep pocket, they may become substantial shareholder, take over genting in future and delist it. If genting share surge, my guess maybe correct. 

 

we do not know what's the lowest low Genting can go...but quite sure it be above 50++cents...looking at past psychological history before it officially clinched IR project..

if you invest in Genting now...you will be parking your money till it opens...this I consider the LONG LONG way....you could well use the money for other wonderful trading opportunities out there...in and out using technical analysis..

well...just a personal point of view to make the money work better in a smarter shorter way.. =) 

 

It is an rare opportunities now for casino operator who wish to have a share in singapore IR, invest heavily in genting right issue now before it closed.

 

Technically the whole mkt is weak due to the sub prime problem. It will take a long time to resolve the problem short of a credit collapse.Chart wise I think we got room to go below 60 cts.Based on the all time high n low , the 33% retracement is over and now for the 50%  target n that shd bring us to 0.50 cts. Just my opinion is broken.

 

 

I doubt it will chong tomlo.

Can hold at 0.65 very good liao.

 

Cheeooonnnggggg!!! Cheeeeooonnnnggggg!!! Cheeeeeooonnggggg!!!

 

Maybe one good news tommorrow or someone short and keep their position open hoping the share will drop further, the mother and daughter share will cheong.

 

This counter's TA charts show no sign of rebound... still looking bearish. 

 

Wonder why shareholders are selling the rights so cheap?  All scared or what?  Causing the mother share to fall.  Where are the BB's.?