| Latest Forum Topics / Genting Sing Last:0.615 -- |
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Genting SP Next Move
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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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explosive2013
Master |
09-Nov-2018 10:33
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Haha. I all in yesterday bet very big...
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trademaster
Supreme |
09-Nov-2018 10:31
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Now i wish i have loaded many many lots more at 950. Those who shorted at 960 will end up covering at 970/980...
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Justice888
Supreme |
09-Nov-2018 10:09
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Hope the recovery is like Yangzijiang
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brchkho1
Master |
09-Nov-2018 10:07
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Today' s Genting is no longer the same as the earlier ones. Look back into 2013, the trade receivables was about $1b and now $142m due to more stricter lendings to VVIP resulted in less impairments. Hence, the result has toe be better especially now is preparing to tender new casino in Japan. The current price level is believed to be the work of shortists to make it cheaper to collect now.My 2cts. DYDD.
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Luzern
Supreme |
09-Nov-2018 10:04
Yells: "9" |
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IMO.......This fits nicely into the Market Makers Trading Plan.................![]()
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HendriJB
Supreme |
09-Nov-2018 09:59
Yells: "Breathe, Step Back - Think " |
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Maybank Reported 9 Nov 2018
Genting Singapore - Recent selldown unjustified U/G to BUY (GENS Sing CP SGD0.89 TP SGD1.29 Gaming) Since reporting 2Q18 results GENS share price has plunged 28%. 3Q18 results not only pleasantly surprised us, but GENS is optimistic on its outlook. We raise our earnings estimates by 5-7% and TP by 2% to SGD1.29 on an unchanged 10x FY18 EV/EBITDA (slightly below 5-year mean). In our view, GENS is unjustifiably trading at ?crisis? valuations of 5.4x FY19 EV/EBITDA or nearly half the 5-year mean and 1.3x FY19 P/BV or only 0.1x above the Global Financial Crisis trough. BUY for 45% upside |
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HendriJB
Supreme |
09-Nov-2018 09:42
Yells: "Breathe, Step Back - Think " |
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👍 👍 👍
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trademaster
Supreme |
09-Nov-2018 09:40
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Nov and Dec never fail to chiong up fast and furious for Genting. More to come next mth $1.30 ?
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Tiger04
Senior |
09-Nov-2018 09:37
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Wasted. Kenna conned. Felt the wrong wind.
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Luzern
Supreme |
09-Nov-2018 09:25
Yells: "9" |
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Waiting for it to fill the gap at ~0.98.  Wonder how the Market Makers will play this gap....... hit 0.975 and sell down to draw in the shortists or just bulldozed thru?.....
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trademaster
Supreme |
09-Nov-2018 09:23
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Price now above 21 ma, should have power cross $1 and fill gap
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trademaster
Supreme |
09-Nov-2018 09:20
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Congrats to those who bought at 89 ct yesterday.  Managed to add a little more at 95, kind of expected the gap up, but dare not say in case wrong kena whack haha |
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Justice888
Supreme |
09-Nov-2018 09:17
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As a Long term investor I am ok with the slight drop. No need explain . Well u can attend the AGM and ask them to explain. Then update us here. Thanks in advance.
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Trader130
Supreme |
09-Nov-2018 09:14
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If not explain then something is not right ... Brewing 😁 😁 😁 | ||||
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