ShareJunction - Stock Forum Messages

Genting Sing Last:0.755

-0.01

GenSp starts to move up again

Yes des_khor I fully agree with u, do not average-down, but one might want to average-up ie ride the up-trend...

ps some forumers here really talk like god,need to learn to ignore them

You are right.

Holding is very easy to say, but when the time comes, there is much real sadness and misery.

Usually, for those who have lost money (price went down), they will still hold and hold,

because they have faith that the price will come up again in future.

But the problem is, when the price later came up for them to break even,

they still will not want to sell...

It's not so easy to play stocks!... Smiley

Bluevaio ( Date: 20-Nov-2010 23:02) Posted:

The only share I hold for more than 15years is GK Goh which I bought at 1.88(bought around 1992-1995 bull run,that time Malaysia companies still traded at OTC). After 15 years I still lost 1.28 per share(60cts now).

After that I never trade "long-term" anymore. i.e must cut loss when u have to, and when the amount loss is still tolerable.

Freight links last time also 50 60 cents. Look at their price now. Luckily never hold.

Bluevaio ( Date: 20-Nov-2010 23:02) Posted:

The only share I hold for more than 15years is GK Goh which I bought at 1.88(bought around 1992-1995 bull run,that time Malaysia companies still traded at OTC). After 15 years I still lost 1.28 per share(60cts now).

After that I never trade "long-term" anymore. i.e must cut loss when u have to, and when the amount loss is still tolerable.

You are right bro.... some of our friend still want to average down for their counters....cut lost is the best decision !!

Bluevaio ( Date: 20-Nov-2010 23:02) Posted:

The only share I hold for more than 15years is GK Goh which I bought at 1.88(bought around 1992-1995 bull run,that time Malaysia companies still traded at OTC). After 15 years I still lost 1.28 per share(60cts now).

After that I never trade "long-term" anymore. i.e must cut loss when u have to, and when the amount loss is still tolerable.

GENTING UP DOWN UP DOWN UP DOWN

GENERALLY UP LAH!

GENTING HIGHLAND BHD - LIST AT RM1.00, NOW AFTER 30 YEARS, GENTING BERHAD - EQ - RM70.00 (Earlier Stock was split 7 (RM10 x 7)

BOLEH TUNGGU BOLEH TAHAN ROLLER COASTER

(Can Wait Can Stand the Roller Coaster)

jm2212 ( Date: 20-Nov-2010 09:17) Posted:

hold this counter for more than 15 years without a single time of dividen receive, but have a hefty gain on capital invested, so decided to take some profits along the way, still want to make sure this is in my portfolio all the time. genting has helped to offset my losses on other counters, genting GO GO GO!!!

Ha ha, all dear folks, thanks god is saterday, another day of happy hr liao. Leaving desk for brunch n carlsberg, noon got date loh. He he, dun think AK got another 15 to 20 yrs life spend liao, if hv another 10 yrs joys, happy loh. Cheers.

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

hold this counter for more than 15 years without a single time of dividen receive, but have a hefty gain on capital invested, so decided to take some profits along the way, still want to make sure this is in my portfolio all the time. genting has helped to offset my losses on other counters, genting GO GO GO!!!

For long-term holders (eg. 15-20 years),

they can look forward to dividends every year.

And during times of great adversity (downtrends),

they can dwell their thoughts on the dividends.

Thus, in those very trying times,

they will at least have something to fall back on

to tide them over their transient miseries... Smiley

gabjen ( Date: 19-Nov-2010 16:29) Posted:

Everybody have their own opinion.If you think the company have prospect , then why not for holding the share long term?There are people who hold counter like SQ for many years,just collect dividend enough liao.

jm2212 ( Date: 19-Nov-2010 14:35) Posted:

i sold a big chunk of my holdings after Q2 result, average only 1.50 - 1.60. decided to hold after Q3 result as i have faith long term it will be even better, but turned out to be different from what i expect. anyway, i will continue to hold this since this stock has been in my portfolio for more than 15 years lia

Ha ha, salah, AK dumpped all my holding when d impending Greece finance issue during world cup ds yr Jun. And later buy in again once d financial issue cleared. No regret loh, hv carlsberg since so far mah.

epliew ( Date: 19-Nov-2010 15:00) Posted:

15 years...... u must be like AK Francis ?

iPunter ( Date: 19-Nov-2010 14:45) Posted:

Since you love this company's prospects,

you might as well stay with it.

Then in the end you will be happy with it. Smiley

19-Nov-2010 17:14 epliew wrote: signal but sell down ? what is this ? (teeth53 thot giving alternate view - most players is not ready yet)

15:01:05

2.060

(A) Signal from willing buyer bot up - Vol-6,000,000

(A)

Dated Friday Nov 19. Gent SP finished at $2.04c, after trading to a high of $2.09c and a low of $2.03c

Genting SP

2.070

2.040c

-0.010c

-0.5%

on volume of 107,521,000 changed hands

While information is always distinctively late and trading always coming in fast and ferocious at the fore. Forming very own decision wisely is as difficult as finding a pin in the ocean. (To each it own, hope U chose d right choice...Happy trading..Ya.)

16-Nov-2010 17:39 epliew wrote: squeeze ?

16-Nov-2010 21:14 teeth53 wrote: squeeze ? (no) - 4days this week with a break on Wed - Holiday mode )

Genting SP Open-$2.09c. Closed-$2.10c +0.01c +0.5% on Vol-157,798,000

The starting at low px is over (started Nov 12, last Fri with a element of some surprise), if not opening at buyer px - force buyers to take margin (narrow trading band) and go on profit taking (I mean BBs taking profit) and thus allowing smaller players to buy at higher px and await to sell higher high, for 2 cent gain - Co's small boy bot small volume. BBs can take profit even at half a cent.

teeth53 - just giving my personnal opinion, as there r as many others may have alot to differentiate it as well.

epliew wrote: oversold region reached ?

Dated: 15-Nov (Mon), 3rd day of this week is a Hari Raya Haji, a public holiday)

Down .04 cents or -1.9% lower, it ended at $2.09ct on total volume of 266,166,000 million shares changed hands.

This 4 trading days with a break on Wednesday, dun seem to be working in flavour for stablizing, rather good opportunities again for BBs to do their bidding, either opening at lower px, then force buyers to buy up, if not opening at buyer px - force buyers to take margin and go on profit taking (allowing smaller players to buy at higher px and await to sell higher high)

After all, new target is set (Investment Target Price now $2.53 to $2.90). It just a target set by them.)

Just sharing my personnal opinion. oversold region reached ? (for investment - not yet, punting/speculation - ok)

signal but sell down ?

what is this ?

pharoah88 ( Date: 19-Nov-2010 17:06) Posted:

Friday: 19 11 2010 CLOSING

SELL dOwn

17:05:03	2.040	117,000	Sold To Buyer
17:05:03	2.040	3,470,000	Sold To Buyer

16:54:43

2.050

1,000,000

Bought From Seller

pharoah88 ( Date: 19-Nov-2010 16:15) Posted:

Friday: 19 11 2010 prIce actIOns

GENTING lIkes to annOuncement Over WeekEnd!