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Genting Sing
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Genting SP Next Move
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seanpent
Supreme |
15-Sep-2014 09:40
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hmm ... looks like  more negative views  about genting ? think genting like to give surprises too hor ? |
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justice
Member |
15-Sep-2014 09:37
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Any fool can make wild guesses. Rest your case? You may as well rest in peace.
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biturbo
Senior |
15-Sep-2014 09:30
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Can't see the bottom, juicy for bb to short.... Guessed they opened their positions some time ago... | ||||
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seanpent
Supreme |
15-Sep-2014 08:58
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guess also herd mentality in the making ?
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seanpent
Supreme |
15-Sep-2014 08:52
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many retailers shorting bah ?
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lifeisgood
Supreme |
14-Sep-2014 22:19
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Genting SP has so many many billions number of shares. How to move up in a dead exchange like the SGX? Genting print shares like print toilet papers. I think the path of least resistance for the share price is down.  |
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stevenk
Senior |
14-Sep-2014 21:52
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Below is my first post posted on 10Aug. I rest my case. Sincerely hope that someone has benefitted from my repeated reminders. Thanks.  
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enjoylife77
Veteran |
14-Sep-2014 13:33
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Yes, management stated that during last few AGM but somehow declared,  on the next AGM,   a token 1cent dividend to pacify the many unhappy  long term shareholder. Our  ultra effective CRA is  hampering the growth of Gent Jurong is not their 1st choice.  They wanted the piece of land next to the Harbour front  bus interchange, the quieter side where you can see lots of tourist coach, but SLA says is not up for sale yet. Gent want to build a mix use project with budget hotel and cross border bus hub..
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stockmarketmind
Elite |
14-Sep-2014 12:24
Yells: "stockmarketmindgames" |
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Sellers were too strong in Genting. They kept pushing prices down. http://www.facebook.com/groups/350636774966182/ |
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Kyoto2008
Elite |
13-Sep-2014 15:09
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Did they say that?        Quite unusual. I went through their financials and picked up a few things from them.    Quite amused at the way they went into hotels (built one in Jurong, of all places).      Their core biz in casino has been clocking in bad loans not only in the 2nd quarter 2014, but both in 2013 and 2012, and it' s more than 10% of revenues.        The other biz is the aquarium and Universal Studios, those are quite high maintenance pieces, have to see if they can continue to generate good income.                Actually, now quite understand why price is falling.    Costs are high in SG (land, labour), hard to run a biz proftably, hence though the top line  margins are good, bottomline is impacted by high costs, plus poor credit management.    So ROE is below 5%, explains it all.              Cash they keep 3bln plus, why not pay down the long term debt of 1.7bln?      May see share price reversal when their Jeju joint venture come up with positive news, but after looking through the numbers, it' s not a co I' d invest in, even if the price is low.
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enjoylife77
Veteran |
13-Sep-2014 00:48
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The management claim that banks does not allow distribution of dividend until loan is fully repaid.
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lifeisgood
Supreme |
12-Sep-2014 23:17
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Genting boss spent many many millions investing in Linc Energy, now losing money everyday. No money left to come support its own baby? |
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Kyoto2008
Elite |
12-Sep-2014 22:16
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The situation now is noone dares short Genting, but noone dares buy either. Really can' t tell what' s coming tomorrow.      The TA rules don seem to apply to this stock.    I do notice that the float is pretty big, so maybe it' s one big baby that' s hard to pull or push, crowd mentality applies. |
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qwerty91
Member |
12-Sep-2014 21:21
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I still believe in genting, but at the rate closing at 1.17, how can I trust them ?. Come on, genting is not a poor company or struggling company   |
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i_love_girls
Veteran |
12-Sep-2014 20:50
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Just withdraw all your funds from genting and let it bankrupt :) little dividends from a multi billion company is seriously unacceptable dudes! | ||||
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dc16888
Master |
12-Sep-2014 20:39
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remember last time bot at 0.42, don' t tell me it is going back to that price again. hahaha... |
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Qanghoo
Supreme |
12-Sep-2014 20:35
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Not only that.  Anyone recall how the arrogant management had reacted angrily to shareholders' feedback abt the paltry dividend sometime ago?  So, why bother with GS?
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seanpent
Supreme |
12-Sep-2014 15:38
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currently what' s the best dividend play counter ?  is singtel in the list ? |
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seanpent
Supreme |
12-Sep-2014 15:30
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ya ... peanuts ...
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oldflyingfox
Master |
12-Sep-2014 15:26
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This is not a dividend play counter but a grow stock, that why a new hotel next year and possible new casio and resort have more impact on the share price. |
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