| Latest Forum Topics / Genting Sing Last:0.615 -- |
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Starhub
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kandinsky
Master |
06-Jun-2019 09:55
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Yah don't know what is happening
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pkli899
Supreme |
06-Jun-2019 09:47
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Dow 2 days total more than 500 points gained. Here, no fire? Unbelievable..... |
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vivacious
Supreme |
06-Jun-2019 09:43
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become long term genting investor liao....haiz.  | ||||
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kandinsky
Master |
06-Jun-2019 09:40
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Not moving up, sibeh sian | ||||
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SAVIORFOREVER
Supreme |
06-Jun-2019 08:06
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Once a gambler always a gambler.
Nothing is certain. Trade with awareness
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runaway
Senior |
06-Jun-2019 07:59
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Good times or bad times will have very little impact on this stock. Casino depends on the high rollers for main bulk of the business, not the small time gamblers. It does not dent the wealth of those with $100m with $10m less. In bad times, the small time gamblers would probably spend more at casino to try their luck. I am one of the small-time and will try my luck at below $0.90   |
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Trader130
Supreme |
05-Jun-2019 23:13
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Hurray👍
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kandinsky
Master |
05-Jun-2019 23:12
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Fed stepping in to ensure market don't crash, good news for Asian stocks. Should see some rally in the meantime.
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n3wbie
Elite |
05-Jun-2019 19:45
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thanks for sharing your well considered perspectives, certainly sounds sensible. challenges during times of uncertainty! may be good to stay on the sidelines for a while more
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morgany
Veteran |
05-Jun-2019 12:37
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I am more pessimistic on this one...due mainly on the coming months, most of the countries will encountered slow growth and dipping into recession mode...1st to come is our bourse...it will be badly hit by another reports of PMI dipping below 50...and with another round of GDP going south, recession will occur...these scenario is bad for gaming industries....as more afluent clientele will skip gaming to consolidate their cash hold for properties morgage and repayment to business corporate loans..Those that gamble will be the lower or middle income clientele...it will be profitable but a very slow ones....
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benny100
Member |
05-Jun-2019 05:13
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https://www.theedgemarkets.com/article/odds-look-good-genting-japan | ||||
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like2learn
Veteran |
05-Jun-2019 00:30
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agree it is very tempting based on valuations. however, other than the capex for SG expansion, it' s still too early to evaluate the impact of chinese tourists on the casino operations. most countries' economies seem to be slowing down. that' s why i think there' s still some chance for share price to go down. 
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callers
Member |
05-Jun-2019 00:16
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The Japan' s casino will be fully-built by which year latest??! Is it year 2025?? | ||||
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n3wbie
Elite |
04-Jun-2019 23:38
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it is not uncommon for market to overreact so while genting is presently oversold from TA point of view, believe fundamentals will prevail in the longer term. they are not going to incur capex requirements for the expansion in singapore overnight so the strong cash flow generated over time will help, not to mention that it has a strong balance sheet (~$3.3b net cash). even if they win the IR project in Japan, they can easily take on debt there given the low interest rates. we will never know if 86c is the lowest but valuations are definitely looking compelling presently compared to historical PE multiples. |
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Trader130
Supreme |
04-Jun-2019 21:38
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Look at Trade War ... get a hint from there 🤣   u think market will go up fast meh ? Even STI   goes up by 2% per day also got a lot of shortie with big BB support .. haha  
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like2learn
Veteran |
04-Jun-2019 20:48
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i dun think anyone knows. ![]() i m still waiting but the chance to buy may just slip by. sigh ... this is life.
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AhLiang
Elite |
04-Jun-2019 18:37
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I want to enter but don't know where is the bottom. | ||||
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Trader130
Supreme |
04-Jun-2019 17:46
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🤣 got somemore lower 
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chenkhoon
Senior |
04-Jun-2019 17:32
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After waiting for about 3 weeks, at last i managed to buy at $0.86.
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AhLiang
Elite |
04-Jun-2019 17:12
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'Pick up' means pay. If they buy 0.865 and cannot pay then they will have to sell at a loss and if 0.86 cannot withstand the selling it will break.
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