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Genting Sing
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Genting SP Next Move
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huangyuanhe
Supreme |
27-Apr-2017 04:42
Yells: "666" |
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There is a reason why everything is tabled and spelled in Black and White.
The bidders knew Casino Concessions are 30 years only. They also knew Exclusivity Period is 10 years. (2007 - 2017) Our Policy makers decisions are swift, sudden and often unexpected. E.g. look at the recent sudden policy changes announcements to the property regulations and finance companies too. All were taken by surprise. So i wont be surprised if our Policy makers may do this : 2017 : Announce plans for 3rd IR 2018 : Actual Bidding and Award of License 2023 : 3rd Casino and IR ready So it is a "fair game". Current IR operators still have at least 6 years of "exclusivity period" before they face off with new competiton. And let's face it. Singapore current state of economy really needs a major boost of injection. A 3rd IR will surely help in terms of all aspects : jobs creations, boost in state revenues, construction contracts, logistics,...etc Fact is: Singapore has been losing investments to Malaysia recently. Lots of investments. We seriously need more business to help our own economy. Especially important is Jobs Creations. Infrastruture enhancements, new IR , financial center prominence and etc . And if and should 3rd IR is being announced, expect Genting to have a "psycological plunge of at least - 25% in its share price" even though 3rd IR will only be operationally ready in 5 to 6 years time. I am betting on 3rd IR. Very high chance. Especially our Tourism industry needs "New Attractions, New Lure" . Otherwise, we will be "dull and boring Singapore" to the tourists who always like something New. So at its current price, good for those who can take profits and also for those who can exit out break even even with small ptofits after holding it out for so many years. For those hesitant to take profits, well.... a painful stock investing lesson learnt perhaps ? : ) E.g. just look at Noble at above 20 cents. Those hesitant to take profits when they entered "low" at 17 to 18 cents now are seeing 14 to 15 cents. Instead of booking profits , they are booking losses . Cos they only look at "maybe sinochem" but didnt expect noble surprise "consolidation news". Remember Genting current PE ratio is almost 50. Not 15. With only 1 competitor. Cos those casino regulars who used to bet $1000 a bet a few years ago now bet only $100 a bet. Why ? : ) And regular casino gamblers are always those few. Same group people. New customers ? They only go there once a while. E.g. during CNY and they bet small stakes. I go casino i know : )
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Trader130
Supreme |
26-Apr-2017 23:45
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Let see today which Casino Ltd is the Top🍒 🍉 🍇 🍔 🍱 🍜 🍰 🍭 🍧       Genting Singapore Competititors😎 😎 😎         Galaxy entertainment group  Ltd. =Up +4.75%   SJM holding Ltd= up +5.56%      Wynn Macau Ltd= up + 4.04% |
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Trader130
Supreme |
26-Apr-2017 23:24
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看 开 看 远 看 爽 听 一 下 酸 流 流 也 不 错 不 然 很 无 聊 的 😂 😂
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KiLrOy
Elite |
26-Apr-2017 23:09
Yells: "I buy only what I can see." |
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Anything can happen these days.   Best is to be able to accept and adapt to changes and think ahead of the ' investment' game. |
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Johngenting
Veteran |
26-Apr-2017 22:45
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Let's see tomorrow 小 林 MACAM MANA
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Trader130
Supreme |
26-Apr-2017 22:39
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😂 😂 😂
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ZeroByDivide
Member |
26-Apr-2017 22:09
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Guess you are right. Seems to have same pattern for all shorties everywhere
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Trader130
Supreme |
26-Apr-2017 21:41
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😂 😀 🤣
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Johngenting
Veteran |
26-Apr-2017 21:36
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💪 💪 💪 💪
再 接 再 厉
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Johngenting
Veteran |
26-Apr-2017 21:14
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石 堅
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ehclim
Elite |
26-Apr-2017 20:51
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No way to have 3rd IR in Singapore regardless of how bad is our economy. Maybe in your dream. Keep dreaming.  
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TenPips
Veteran |
26-Apr-2017 20:51
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4th Telco to bring competition to reduce Telco fees and improve services so as to benefit citizens.
3rd IR to do what leh? Increase competition through better gaming services to draw more Singaporeans to gamble? 😱
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Trader130
Supreme |
26-Apr-2017 20:44
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放 狗 屁 哈 哈 哈 📍 📌
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huangyuanhe
Supreme |
26-Apr-2017 20:21
Yells: "666" |
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Casino License : starts 2007
License Exclusivity ends : 2017 Casino License Concessions : 30 years , used up 10 years already, left only 20 years BUT ... Genting with only 1 competitior MBS only...currently only managed so-so results with current PE RATIO almost 50 ! Concessions left only 20 years. PE Ratio 50. If 3rd IR come into the picture to eat the same cake, what will happen ? PE 100 ? Expect our Govt to come up with 3rd IR to stimulate our economy, and with at least US$ 5 billion potential investment money injection, will be good for state revenues. With current health of Singapore economy, the likelihood of 3rd IR very very high indeed. (Just Look At Our 4th Telco License and the license revenue it brought)
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Goldfinger
Supreme |
26-Apr-2017 20:14
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Frankly I think only vested shortists would make such comments - so would discount 100% LOL
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ZeroByDivide
Member |
26-Apr-2017 20:08
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If you want to make such declarations feel free to sell your stake and move on
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Goldfinger
Supreme |
26-Apr-2017 20:04
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Let me counteract by saying that this is a counter pegged to inflation - higher incomes will correlate directly with high wagers and minimum bets. This will result in higher absolute profitability. No? Anyway let's not play guessing games when the only perfect sight is hind sight.
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huangyuanhe
Supreme |
26-Apr-2017 19:28
Yells: "666" |
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If you look at Genting 7 year Chart , lots of volumes were done at $ 1.10 to $1.75.
So many were stucked for years at this range. After waiting for so long, finally have chance to exit and break even or even profit a bit, expect floods if Selling Pressure . On top of this, those who accumulated from 60 cents to 95 cents also looking to take profits. Another Selling Pressure. Uncertainties still abound. Another external factor will have a huge impact on Genting. E.g. Govt possible plans to increase the $100 24-hr entry fees (to deter local gambling as you have just seen tv "quit gambling " advertisements campaigns very recently and to increase state revenues) China "anti policies ....", other IRs and Casino competition for only that few limited VIP customers from other countries , e.g. Korea, Marianas , Taiwan , Cambodia, Australia, Macau ....etc and of course the 3rd IR Casino in Singapore
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shareluck
Veteran |
26-Apr-2017 18:39
Yells: "buy share also need some luck to win " |
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$1.1+
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Trader130
Supreme |
26-Apr-2017 18:13
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Wun wun Lim kopi😂 😂 😂
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