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Genting Sing
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Genting SP Next Move
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Johngenting
Veteran |
09-Nov-2018 16:09
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對 , 小 林 不 本
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Trader130
Supreme |
09-Nov-2018 15:58
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Normally up then go down I Guess 
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trademaster
Supreme |
09-Nov-2018 15:56
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Genting definitely yes. AEM according to Sgyuan ew target $1 i think...
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SgYuan
Supreme |
09-Nov-2018 15:43
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1st uptrend
w0 855 w1 880 w2 860 w3? w1 25 w2 20 w3 40 tgt 90 up 161.8% - px hit 945 delta 85 up 340% w4 30 tgt 915 dn 38.2% - px touch 880 danger w1 - it uturn w5 70 tgt 950 up w1+w3×61.8% - px hit 965 delta 85 up 77% - see how powerful this w5 is - once uturn wabc tgt near w4 No 100% Good luck
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Trader130
Supreme |
09-Nov-2018 15:43
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Trader130 TP 0.77😁 😁 😁 🤭
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Luzern
Supreme |
09-Nov-2018 15:24
Yells: "9" |
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I am hopeful that this one can break $1 next week after filling the gap..................IMO, DYODD.
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chanbs
Elite |
09-Nov-2018 15:06
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Bet on this or AEM ?  | ||||
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HendriJB
Supreme |
09-Nov-2018 14:46
Yells: "Breathe, Step Back - Think " |
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Genting Sing TP
Minimum $1.28 Maximum $1.55 Now 0.96 Buy!
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daxdax18
Member |
09-Nov-2018 14:25
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CIMB TP $1.28 DEUTSCHE BANK $1.4 UOB $1.38 DBS $1.55 OCBC $1.39 | ||||
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HendriJB
Supreme |
09-Nov-2018 11:44
Yells: "Breathe, Step Back - Think " |
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OCBC Research Report ? 9 November 2018
*Genting Singapore: Going Steady* Author: kimeng Publish date: Fri, 9 Nov 2018, 10:37 AM Focus on premium mass? While loosening VIP credit Adjusted EBITDA Flat YoY Genting Singapore?s (GS) 3Q18 results were within expectations. 3Q18 revenue was up 1% YoY at S$639.1m, while 3Q18 gross profit was flat YoY at S$305.3m. Other operating expenses dropped 97% YoY from S$39.9m to S$1.2m, mainly due to a S$35.7m net forex loss in 3Q17 As a result 3Q18 net profit increased 25% YoY to S$210.4m. Since GS?s perpetual securities have been fully redeemed, PATMI increased 46% YoY to S$210.4m or 27% of our initial full-year forecast. 3Q18 adjusted EBITDA was flat YoY at S$318.8m, or 24% of our initial full-year forecast Gaming Business Remains Stable Gaming revenue dropped 1% YoY during 3Q18. Feedback given was that GS?s mass gaming business remains stable while VIP rolling volumes showed robust growth. GS plans to continue loosening credit while maintaining a cautious stance and keeping an eye on the US China trade war We note that the impairment of trade receivables has increased sequentially from S$9.5m in 1H18 to S$12.9m in 3Q18 but is still 8% below the 3Q17 level. We see current levels as being very manageable. Given the macro uncertainties, management is planning to focus on regional premium mass customers while growing VIP rolling volumes with a measured credit risk appetite Events Complement Robust Non-gaming Growth On the other hand, GS?s non-gaming businesses posted healthy top-line growth of 9% YoY during the quarter. RWS achieved an average daily visitorship of >22K and saw an increase in average visitor spend across all offerings, led by an increase in S.E.A. Aquarium ticket prices Average hotel occupancy came in at over 97%. RWS continues to hold large-scale lifestyle events such as ?RWS Street Eats? and ?The Great Food Festival?. Together, these events attracted over 100K visitors. In addition, RWS will be premiering TARU, a Mandarin musical that has been a box-office hit in Korea, next month Continued Work on the Japan Opportunity On the Japan front, GS is in communication with specific cities that have expressed an interest in having an IR, and engaged in discussions with stakeholders to understand the environment and the localities where such cities are involved Management guided that they will continue to exercise fiscal caution until there is further clarity of the structure and financing of their potential investment in Japan. After adjustments, our FCFE-based fair value remains at S$1.39. Maintain BUY. Source: OCBC Research - 9 Nov 2018 |
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limthomas26
Senior |
09-Nov-2018 11:43
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Op Asia market dropping with HSI dropping -600 over point. Hope will not cause genting to drop. Remain vested. Good Luck Huat ah. |
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brchkho1
Master |
09-Nov-2018 10:56
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From the financials, Genting is healthy and keeping the bullets for the coming tender as evidenced by the high cash position. I hope the shortists will brinng it down again to lower the entry level for accumulations. DYDD.
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Luzern
Supreme |
09-Nov-2018 10:50
Yells: "9" |
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My average price for my Genting  lots are  sub 90cts, ........sitting on nice mouth watering profits......but still, i am not taking profit,   I will let my winning run rather tahn cut it short.  .............IMO, DYODD |
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HendriJB
Supreme |
09-Nov-2018 10:48
Yells: "Breathe, Step Back - Think " |
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🤩
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Luzern
Supreme |
09-Nov-2018 10:46
Yells: "9" |
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1) Good Q3 results 2) About S$4 Billions cash 3) about 3.8% dividend 4) Japan IR potentials 5) Potential of more Casino biz diverted from Malaysia due to the increae in gambling taxes to 35% (10% increase) 6) Chinese Tourist  likely preference for RWS than MBS over US-China Trade dispute. the Futures looks  good for Genting Singapore Limited   |
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fatpanda
Supreme |
09-Nov-2018 10:43
Yells: "Another wonderful day!" |
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I think the party is still not over yet. Pros and maket makers have collected many " chips" during the past few days from cautious / panic sellers. and their " warehouses" were quite full at the moment. Next, followed by those so-called the " professional analysts" , started to add " fire" by issuing BUY calls. That help to push the price further up.  Let' s see what happen in next few days. DYODD. |
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HendriJB
Supreme |
09-Nov-2018 10:41
Yells: "Breathe, Step Back - Think " |
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Genting Singapore caption ? reporter by Marissa Lee in The Business Times (Page 7) in Companies and Markets News
Our mass gaming business delivered stable performance. Our VIP rolling volume continued to grow and we remained prudent in our credit extension. |
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trademaster
Supreme |
09-Nov-2018 10:38
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Congrats...enjoy your long holidays
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Luzern
Supreme |
09-Nov-2018 10:37
Yells: "9" |
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The Market Makers in Genting is no small flies.  Considering they can move the price down considerably during good market sentiments and with Genting' s good fundamental previously.  IMO, all the pieces on the chess board are set and the easier direction for Genting to move is up.........the up momentum started with the good Q3 results and optimistic outlook, followed by Analysts' upgrades.......then the positive development of the Japan IR.........  all these should provide the fuel needed for he Market Makers to take this to significant high. 
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daxdax18
Member |
09-Nov-2018 10:35
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Wah, still got people dare to short today?
How to see whether it's normal take profit selling Vs short selling?
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