Genting Sing
Last:0.765
+0.005
GenSp starts to move up again
Post Reply
4561-4580 of 23260
sold 50 lots at $2.33 3 weeks ago and bought back 75 lots at $2 today.
Buy in a bull market, sell in a bear market.
Do not go against the market/trend.
OMG, drops below $2, queue to buy some.
i will buy some today
Just sharing my personnal opinion. oversold region reached ? (for investment - not yet, punting/speculate - ok)
(teeth53 thot giving alternate view - most players is not ready yet)
Px posted is last Friday dated: 19-11-2010. For illustration
only GOD knows......
BT is good closed all counters and go for holidays!
iApple ( Date: 22-Nov-2010 22:41) Posted:
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totally agree with two sifu. NO ONE CAN PREDICT TOMORROW PRICE!
just look at today closing
When G13 was red-hot ( 2 week ago), last trade of the day was always between 2500-4000 lots. I don't imply G13 volume drops. Just that BIG FISH does not pay full attention here.
Think BIG FISH are happily SHOPPING in discounted China and HK markets now. ciaos
iPunter ( Date: 22-Nov-2010 22:11) Posted:
Although I largely agree in principle with Sifu Pharoah 's 'coin flip' notion,
I am an ardent chartist myself. And without the charts,
I am totally unable to function as a trader/investor ( I am both).
I won't call that TA, though...
because it is just simple charting which I do.
But a chart is just a chart... it's only a map of past prices and transactions.
Like I always say, no one knows the trend, until after the event.
in other words, trend cannot be predicted, but only observed as it occurs.
If this were not so, any serious fund manager can simply 'whack'
all available money at their disposal on their bets... 
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It is better to admit wrong ...
Than to lose a lot of money...
baberic ( Date: 23-Nov-2010 10:31) Posted:
| Genting SP ideal price for me is around $1.85. So will wait first. I might be wrong as was often. Hahaha. |
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Genting SP ideal price for me is around $1.85. So will wait first. I might be wrong as was often. Hahaha.
can buy PUT WARRANT
bishan22 ( Date: 23-Nov-2010 10:27) Posted:
Waiting 1.80 to go in. It is possible.  |
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Waiting 1.80 to go in. It is possible.
Woww...oredi visited to less then $2/- today morning.
| Genting SP |
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2.050 |
2.000 |
-0.050 |
-2.4 |
vol-70,951,000 |
9,025,000 |
1.990 |
2.000 |
3,606,000 |
2.050 |
1.990 |
teeth53 ( Date: 20-Nov-2010 09:32) Posted:
As early as Feb / Mar 2010, This counter has been trading at 0.85c - 0.95c and now after hitting a high of $2.38c recently.
Almost 150% gain.in within 10 mths. It went on profit taking to closed of at $2.04cents. (look like is going to revisit below $2/-)
Captial gain (Yes) agree, after all they have to pay off their huge $6.5b debt to creditors for an agreement of no dividend is agreed upon
before considering to pay dividend to share holders |
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Analysts Analysis [A. A.]
HINDSIGHT:
Last time, when Genting SP was S$0.85
90% of analysts' analysis revised TP to S$0.60 ~ 0.70.
My partner wanted to lOad Up mOre, I pUt the brakes dOwn.
I was wrOng.
CrownJewel ( Date: 23-Nov-2010 08:43) Posted:
when Goldman S_ucks, Macquackie, NoMoolah and now HSBC starts bearish calls on GenSp ... Time To Buy Big Big!
iApple ( Date: 22-Nov-2010 21:40) Posted:
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HONG KONG, Nov 22 (Reuters) - China swap rates rose to a two year high on Monday after the central bank on Friday increased banks' reserve requirements for the second time in as many weeks, reflecting views a rate hike may still be in the offing. http://business.asiaone.com/Business/News/Story/A1Story20101122-248531.html
HONG KONG (Dow Jones)--Hong Kong shares ended lower Monday led by property developers after the government took additional measures to cool the red-hot real-estate market, and Chinese banks following Beijing's latest monetary policy tightening and concerns about interest rate hikes.
http://online.wsj.com/article/BT-CO-20101122-701825.html
US market: Tuesday, Consumer Price Index
G13 did not go up today.It may be due to Hsbc rating (over weight). The report was quoted on Sunday, Business Week. I read that report while laughing (don't know how old is that analyst ??!!)
Funny “points” on that article:
A) Gaming industry in South east Asia is young. Erh... I went Star cruise since sec 4.(more than 13 yrs) The cruise is just getting more packed every year. My aunties always went to VIP room (one night UP/DOWN can b more than 30k)
Macau 1st Casino was opened in 1937. (Tai Sin) . In 1998, 44.5% of total government revenue was produced by the direct tax on gambling.
P.S> The citizen of Macau does NOT need to pay for medicine fee when they visit government clinic. All the expenses are covered by the tax from CASINOs.
So tell me...how on earth this writer can imply casino is a risky business?! If this writer ever studies probabilities (odd) from sec 4 maths or JC H1/H2 or F.Maths? He/She should know the odds of banker go bankrupt is almost ZERO!
B) Asia economy is not stable. Erh...this writer never read up the GDP of China n India...the growth rate are 10% and 8% for Y10Q3. Yes, China is affected by QE2. But the growth rate will not decrease dramatically.
P.S> Indian like gambling too! They fill up the Star Cruise and RWS. If you don’t visit Star Cruise or RWS, look at the Singapore Pool at weekend.
http://www.tradingeconomics.com/Economics/GDP-Growth.aspx?Symbol=INR
C) Lastly, I would like to say all these analysts have the best pay job, analysing without look at the depth of the market and nature of business. Above comments are just to share my view. In the end of day, the share price Up or Down, is still controlled by BIG FISH out there!
It is not a BUY or SELL call.
(but tmr, seems a weak UP in the morning or before noon to me.) |
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kIng In a CAGE ?
when Goldman S_ucks, Macquackie, NoMoolah and now HSBC starts bearish calls on GenSp ...
Time To Buy Big Big!iApple ( Date: 22-Nov-2010 21:40) Posted:
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HONG KONG, Nov 22 (Reuters) - China swap rates rose to a two year high on Monday after the central bank on Friday increased banks' reserve requirements for the second time in as many weeks, reflecting views a rate hike may still be in the offing. http://business.asiaone.com/Business/News/Story/A1Story20101122-248531.html
HONG KONG (Dow Jones)--Hong Kong shares ended lower Monday led by property developers after the government took additional measures to cool the red-hot real-estate market, and Chinese banks following Beijing's latest monetary policy tightening and concerns about interest rate hikes.
http://online.wsj.com/article/BT-CO-20101122-701825.html
US market: Tuesday, Consumer Price Index
G13 did not go up today.It may be due to Hsbc rating (over weight). The report was quoted on Sunday, Business Week. I read that report while laughing (don't know how old is that analyst ??!!)
Funny “points” on that article:
A) Gaming industry in South east Asia is young. Erh... I went Star cruise since sec 4.(more than 13 yrs) The cruise is just getting more packed every year. My aunties always went to VIP room (one night UP/DOWN can b more than 30k)
Macau 1st Casino was opened in 1937. (Tai Sin) . In 1998, 44.5% of total government revenue was produced by the direct tax on gambling.
P.S> The citizen of Macau does NOT need to pay for medicine fee when they visit government clinic. All the expenses are covered by the tax from CASINOs.
So tell me...how on earth this writer can imply casino is a risky business?! If this writer ever studies probabilities (odd) from sec 4 maths or JC H1/H2 or F.Maths? He/She should know the odds of banker go bankrupt is almost ZERO!
B) Asia economy is not stable. Erh...this writer never read up the GDP of China n India...the growth rate are 10% and 8% for Y10Q3. Yes, China is affected by QE2. But the growth rate will not decrease dramatically.
P.S> Indian like gambling too! They fill up the Star Cruise and RWS. If you don’t visit Star Cruise or RWS, look at the Singapore Pool at weekend.
http://www.tradingeconomics.com/Economics/GDP-Growth.aspx?Symbol=INR
C) Lastly, I would like to say all these analysts have the best pay job, analysing without look at the depth of the market and nature of business. Above comments are just to share my view. In the end of day, the share price Up or Down, is still controlled by BIG FISH out there!
It is not a BUY or SELL call.
(but tmr, seems a weak UP in the morning or before noon to me.)
epliew ( Date: 22-Nov-2010 18:36) Posted:
| iapple. any updates on the interest rates |
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All bid into one basket, Hehehe...it human to error even if oneself is 100 and 10% absolute sure win one,
then when oneself go all out, that is even better then O.M.G. Ohh..My..Goodness.
iPunter ( Date: 22-Nov-2010 22:11) Posted:
Although I largely agree in principle with Sifu Pharoah 's 'coin flip' notion,
I am an ardent chartist myself. And without the charts,
I am totally unable to function as a trader/investor ( I am both).
I won't call that TA, though...
because it is just simple charting which I do.
But a chart is just a chart... it's only a map of past prices and transactions.
Like I always say, no one knows the trend, until after the event.
in other words, trend cannot be predicted, but only observed as it occurs.
If this were not so, any serious fund manager can simply 'whack'
all available money at their disposal on their bets...
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ha ha, very sorry , just back fr happy hr. Ds threads r too long, dun hv time to read , just say tks for all d concerds. More good yrs ahead on ds counter, sure. Cheers.
totally agree with two sifu. NO ONE CAN PREDICT TOMORROW PRICE!
just look at today closing
When G13 was red-hot ( 2 week ago), last trade of the day was always between 2500-4000 lots. I don't imply G13 volume drops. Just that BIG FISH does not pay full attention here.
Think BIG FISH are happily SHOPPING in discounted China and HK markets now. ciaos
iPunter ( Date: 22-Nov-2010 22:11) Posted:
Although I largely agree in principle with Sifu Pharoah 's 'coin flip' notion,
I am an ardent chartist myself. And without the charts,
I am totally unable to function as a trader/investor ( I am both).
I won't call that TA, though...
because it is just simple charting which I do.
But a chart is just a chart... it's only a map of past prices and transactions.
Like I always say, no one knows the trend, until after the event.
in other words, trend cannot be predicted, but only observed as it occurs.
If this were not so, any serious fund manager can simply 'whack'
all available money at their disposal on their bets...
|
|
Although I largely agree in principle with Sifu
Pharoah 's 'coin flip' notion, I am an ardent chartist myself. And without the charts,
I am totally unable to function as a trader/investor ( I am both).
I won't call that TA, though...
because it is just simple charting which I do.
But a chart is just a chart... it's only a map of past prices and transactions.
Like I always say,
no one knows the trend, until after the event.
in other words,
trend cannot be predicted, but only observed as it occurs.
If this were not so, any serious fund manager can simply 'whack'
all available money at their disposal on their bets...
HONG KONG, Nov 22 (Reuters) - China swap rates rose to a two year high on Monday after the central bank on Friday increased banks' reserve requirements for the second time in as many weeks, reflecting views a rate hike may still be in the offing. http://business.asiaone.com/Business/News/Story/A1Story20101122-248531.html
HONG KONG (Dow Jones)--Hong Kong shares ended lower Monday led by property developers after the government took additional measures to cool the red-hot real-estate market, and Chinese banks following Beijing's latest monetary policy tightening and concerns about interest rate hikes.
http://online.wsj.com/article/BT-CO-20101122-701825.html
US market: Tuesday, Consumer Price Index
G13 did not go up today.It may be due to Hsbc rating (over weight). The report was quoted on Sunday, Business Week. I read that report while laughing (don't know how old is that analyst ??!!)
Funny “points” on that article:
A) Gaming industry in South east Asia is young. Erh... I went Star cruise since sec 4.(more than 13 yrs) The cruise is just getting more packed every year. My aunties always went to VIP room (one night UP/DOWN can b more than 30k)
Macau 1st Casino was opened in 1937. (Tai Sin) . In 1998, 44.5% of total government revenue was produced by the direct tax on gambling.
P.S> The citizen of Macau does NOT need to pay for medicine fee when they visit government clinic. All the expenses are covered by the tax from CASINOs.
So tell me...how on earth this writer can imply casino is a risky business?! If this writer ever studies probabilities (odd) from sec 4 maths or JC H1/H2 or F.Maths? He/She should know the odds of banker go bankrupt is almost ZERO!
B) Asia economy is not stable. Erh...this writer never read up the GDP of China n India...the growth rate are 10% and 8% for Y10Q3. Yes, China is affected by QE2. But the growth rate will not decrease dramatically.
P.S> Indian like gambling too! They fill up the Star Cruise and RWS. If you don’t visit Star Cruise or RWS, look at the Singapore Pool at weekend.
http://www.tradingeconomics.com/Economics/GDP-Growth.aspx?Symbol=INR
C) Lastly, I would like to say all these analysts have the best pay job, analysing without look at the depth of the market and nature of business. Above comments are just to share my view. In the end of day, the share price Up or Down, is still controlled by BIG FISH out there!
It is not a BUY or SELL call.
(but tmr, seems a weak UP in the morning or before noon to me.)
epliew ( Date: 22-Nov-2010 18:36) Posted:
iapple. any updates on the interest rates ?
iApple ( Date: 19-Nov-2010 07:38) Posted:
Congrat for ppl to survive through the storm..
Sunshine from the USA...will shine through the morning S'pore
However, kindly remember the RAIN STORM from CHINA which is called INTEREST RATE...may come TODAY or NEXT WEEK...
Action must be FAST... |
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i beg to differ.. whilst it is true that you need price direction movement and that is almost the fundamental of techie ( no pun intended). Do you think analyst and bb's dun use teching ? What you are doing for teching is not to predict for indeed no one should believe he can predict the nature of the beast... However, what teching does for you in that aspect is to understand what the bb's see and how they enter as well... and on top of that.. bb's do indeed use teching and analyst software to enter/exit the market.. go ask a bb worker..
What you are doing is to try and understand the market for signals.And that signals can be found in teching.. if you have better alternatives to try and track the movement other then teching.. please do share..
Other then that.. if you are a fundamental person and the company's fundamental means more to you .. then you are an investor not a trader/speculator. THe word SPECULATOR does not have negative connotations. It basically means people who enter and exit the market fast base on the trends. You have to get that definition right... and follow what you methods suits you best.. of course the best traders are those that has the ability to FA and TA .. and merge them into one. and that is why bb's hire Investment bankers as well as traders ... and analyst.. one do report down to minute details.. the other see wave pattern...
If you are saying TA is wrong and stochastics and bollingerband is a scam .. then try telling that to the millions of people talking finance or econs.. who base their livelihood on charts and patterns.. and tell that to Jesse Livermore :)
There is no fundamentally RIGHT or WRONG answer.. however, by phrasing it in such a way as did pharoah , making sweeping statements without justifying nor arguing both sides of the coins.. in effect.. why not just don't make that statement or toss that coin.. until you can prove it... I'm not here to make enemies.. i just would appreciate sweeping statements such as those ... who insults techies ... as merely equating it to luck and flipping a coin.. is pretty f**ked up don't you think? I'm a techie.. it makes money for me.. so does FA.... so i don't really care about what others say cause the money is going into my bank account using teching.. but if you wanna slam other people's way of trading.. i suggest you think it through first and be able to justify / comment on arguments rather than making such a statement.
Of course there's a free-will and a freedom of speech... And that is why i have to strongly speak out and disagree with whatever he is saying... Nothing against his online persona or character.. just expect more from a SUPREME member who has a million and one post .. rather then something that my 12 years old cousin would say...
Also, with regards to your saying that the indicator does not lead and it lags... because it only shows yesterday/years direction.. that is where TRENDING comes in.. Knowing that it is bottoming out... it becomes a LEADER because you know that after this .. it will rise base on historical data. Is that not a leading direction signal? It is only people who refuse to believe in teching that are handicapped by it.. my question to you is this.. rather than slamming teching, why not try to understand teching and see how you can incorporate it into your trading? I'm not saying give up what makes you money.. all i'm saying is .. keep an open mind and learn .. because BB's as well as people .. great people like jesse livermore and other investors has been successful with teching..
Who are you to say it is wrong/ flipping a coin?
