| Latest Forum Topics / Genting Sing Last:0.615 -- |
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Genting SP Next Move
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Johngenting
Veteran |
26-Oct-2018 14:26
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Back to 2 years ago.. That time was ever6 report lost money.now Japan green light , profit stable .. it doesn't make sense .. Somewhere gone right ..🍌 🍌 🍌 🍌 🍌
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Luzern
Supreme |
26-Oct-2018 14:14
Yells: "9" |
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The important thing is still to follow the Market Makers here as they seems to have big muscle.  Follow their moves, not against..........then can Huat! ![]()
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HendriJB
Supreme |
26-Oct-2018 14:13
Yells: "Breathe, Step Back - Think " |
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Good idea 💡 👍
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trademaster
Supreme |
26-Oct-2018 14:06
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Even if dont win japan contract, buy for dividend 4% is better than putting in FD.
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explosive2013
Master |
26-Oct-2018 14:05
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You believe the bank analyst 1.30? I don't...
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trademaster
Supreme |
26-Oct-2018 14:03
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I think it is best just buy, hold and keep for $1.30, no need profit on mini waves, no point only waste brokerage. So many waves see already giddy lol
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chenkhoon
Senior |
26-Oct-2018 13:57
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Bought at 1.06, I did not sell when it went above 1.32. Now bought more at 0.96 and 0.86. I will continue to buy at 0.76, 0.66, 0.56, 0.46, 0.36, 0.26, 0.16, 0.06, Ka-poo Genting collapse. |
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SgYuan
Supreme |
26-Oct-2018 13:48
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mini uptrend EW break.
wave a 108 92 delta 16 wave b 92 96.5 wave c 96.5 ? - dn 61.8% delta 10 tgt 86.5 passed - dn 100% delta 16 tgt 80.5 Bottom scoop becareful. No 100% Good luck
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newbieliu
Elite |
26-Oct-2018 13:33
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we are gambling now! I am gonna load more later zzz 86 today my TP for loading
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HendriJB
Supreme |
26-Oct-2018 13:26
Yells: "Breathe, Step Back - Think " |
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*Asian market fall after Wall Street sell-off*
STI Shares early losses but everyone know October is the month for Black Monday and volatile trading month. Moral of the story (HOLD GENTING SING) do not buy Nor sell as we know back of our mind. STI index will drop 2,950 and that is the time to buy. November will be a positive month 😊 👍 |
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Luzern
Supreme |
26-Oct-2018 13:22
Yells: "9" |
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In My Opinion, Market Makers in control, need to figure out what are their plans for this counter.
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HendriJB
Supreme |
26-Oct-2018 13:07
Yells: "Breathe, Step Back - Think " |
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😊
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BetterStill
Veteran |
26-Oct-2018 13:07
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OMG...can load now? The price purely affected by Us market or got other negative news recently? | ||||
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HendriJB
Supreme |
26-Oct-2018 13:06
Yells: "Breathe, Step Back - Think " |
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*Wakayama governor, city mayor at odds on locals gambling*
Oct 25, 2018 Wakayama governor, city mayor at odds on locals gambling The governor in Japan?s Wakayama prefecture (pictured), and the mayor of Wakayama city itself, are at odds on whether any local casino resort project should allow Japanese to gamble there, according to information gathered by GGRAsia. Governor Yoshinobu Nisaka is said to be in favour, but Mayor Masahiro Obana is against the idea, according to our correspondent in Japan. Mr Nisaka is facing re-election in November but is tipped to win comfortably. Mr Obana was re-elected in late July by a comfortable margin. According to GGRAsia?s correspondent, the decision on how to structure any Wakayama proposal ? including whether to allow locals to gamble ? rests with Governor Nisaka?s office, as Wakayama city is not an ordinance-designated urban area and therefore does not have the right by itself to make a pitch to Japan?s national government on the matter. Nonetheless, Wakayama Marina City, the proposed location for a casino in the prefecture, is within the boundaries of Wakayama city, and approximately 40 kilometres (25 miles) from the major regional air hub, Kansai International Airport. Any Wakayama bid is likely to face competition from nearby Osaka. At the 2017 edition of the Japan Gaming Congress, a Tokyo conference about Japan?s nascent casino industry, Mr Obana stated clearly his opposition to allowing locals to wager in any local resort, citing public concern about ?gambling addiction?. According to a recent report in the Japan Times, earlier in October seven local business associations called for the prefecture to include in its fiscal-year 2019 budget some money dedicated to a lobbying effort for a local casino venture. Such schemes are referred to in Japan as ?integrated resorts? (IRs). The Integrated Resort Implementation Act, passed in July by the national government, allows for only three resorts nationally in a first phase of market liberalisation. |
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taxiuncle
Veteran |
26-Oct-2018 13:04
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Lol......I never believes in Anal lysis ..........
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HendriJB
Supreme |
26-Oct-2018 13:01
Yells: "Breathe, Step Back - Think " |
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👉 Today News 👈 🏽
Deutsche Bank Report (26 Oct 2018) Alert 🚨 Genting Singapore (GENS) started to raise credit to its VIP guests in 4Q17, we expect this credit-infused growth to decelerate to avoid a repeat of bad debt impairment a few years later. But given its S$3bn net cash position (as of 2Q18) is 26% of its market cap and an estimated S$500mn to cash pile each year plus strong contender to win Japan Integrated Resorts, we thus maintain our Buy rating. Target 🎯 price remained $1.40 |
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HendriJB
Supreme |
26-Oct-2018 13:00
Yells: "Breathe, Step Back - Think " |
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Five (5) additional Japanese subsidiaries for Genting Singapore Limited
Adam Morgan July 25, 2018 Following last week?s ratification of legislation that is set to bring up to three integrated casino resorts to Japan, Genting Singapore Limited has reportedly announced the establishment of five new indirect wholly-owned subsidiaries in the Asian nation According to a report from GGRAsia, the casino operator is hoping to be selected to run at least one of the coming Japanese gambling venues and revealed the birth of its new entities via a Tuesday statement to the Singapore Stock Exchange Five new Japanese enterprises: The operator is already responsible for the giant Resorts World Sentosa development in Singapore and reportedly detailed that the newly-incorporated subsidiaries encompass Genting Japan Company Limited, Yokohama, Osaka and Tokyo branches, along with Resorts World Yokohama Company Limited The operator declared yesterday that the new subordinates have been established in order to handle the ?development and management of integrated resort and leisure destinations in Japan. It proclaimed that the entities are to also be involved in the marketing and promotion? of such venues as well as ?investments and [the] management of real estate and trust beneficiary interests. Casino firm?s latest Japan move: GGRAsia reported that 2014 saw Genting Singapore Limited create a number of Japan-facing subsidiaries including Resorts World Tokyo Company Limited, Resorts World Osaka Company Limited and Resorts World Japan Company Limited to handle ?investment holding, leisure and related businesses? before going even further in September by establishing a branch office in Tokyo Malaysian conglomerate, Genting Bhd, is the firm behind Genting Singapore Limited and it used its most recent annual financial report to state that it was ?diligently preparing? for the race to secure a Japanese casino license. It further reportedly explained that it had used an October bond issue to raise approximately $180 million in order to ?support its corporate activities in Japan Operator stands a (good chance) of securing a license: Malaysian brokerage firm Maybank Kim Eng published a note on Sunday in which it proclaimed that Genting Singapore Limited ?stands a good chance? of being granted one of the three coming Japanese casino licenses due to its ?responsible gaming experience and solid net cash position GGRAsia additionally cited a report from Morgan Stanley in which the American financial services firm predicted that the first Japanese integrated casino resort will open by 2025 with the nation?s annual gaming revenues expected to ?peg? at $11 billion to $20 billion |
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HendriJB
Supreme |
26-Oct-2018 12:58
Yells: "Breathe, Step Back - Think " |
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This are the local CASINO PLAYERS 👉 Pachinko remains king for Japanese gamblers
Adam Morgan July 29, 2018 In Japan, pachinko reportedly remains the most prevalent form of gambling with the amount spent by players enjoying the vertical pinball-like slot machines regularly topping approximately $200 billion every year. Revenues double earnings from automobile exports: According to a Thursday report from The Independent newspaper, the Japanese pachinko sector annually takes in about twice what the Asian nation usually earns by exporting automobiles while these revenues are some 30 times above those regularly recorded by all of the casinos in Las Vegas and even higher than the entire gross domestic product of New Zealand. The newspaper reported that Japan currently features around 10,600 pachinko parlors where players sit down and attempt to win prizes by getting silver balls to drop through reconfigurable pins and into a middle scoring hole via the use of a single wheel. Although most forms of gambling are illegal, a convenient legal loop-hole that involves the use of an intermediary purportedly later allows triumphant aficionados to exchange their earned goods for cash. Industry annually manufactures 1.5 million machines: The Independent was extolling the popularity of pachinko in Japan as part of an interview with Min Jin Lee, who has just written a fictional book entitled Pachinko, while revealing that roughly 1.5 million new machines are manufactured each year with one in eleven Japanese enjoying at least a single game every week. Lee reportedly told The Independent? One out of eleven Japanese people play it once a week. Once a week. So it isn?t like if you and I went to some silly place. It?s not like Vegas where you go once a year or once every ten years and say ?Oh, I?m going to be a bride so let?s go crazy?. It isn?t like that at all. Possible uncertain future ahead: However, the newspaper reported that the Japanese pachinko industry is possibly facing an uncertain future due to an ageing player base with the current number of parlors about one-third lower than the 2005 tally. The sector has purportedly countered by attempting to attract younger aficionados although this has not been helped by the recent passage of legislation that reduced the machines? maximum prize amount to $450. But, The Independent reported that possibly the biggest danger facing the future of the pachinko market is the recent ratification of the Integrated Resort Implementation Bill, which is due to see Japan welcome up to three giant integrated casino resorts. The government of Prime Minister Shinzo Abe purportedly hopes that these new gambling venues will help to bolster the nation?s tourism industry and bring in additional tax revenues to assuage an ever-deepening budget deficit. |
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HendriJB
Supreme |
26-Oct-2018 12:56
Yells: "Breathe, Step Back - Think " |
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*Japanese government being urged to speed up casino licensing process*
Adam Morgan August 10, 2018 In Japan, the Governor for Osaka Prefecture has reportedly suggested that the central government should quicken the licensing process for the nation?s planned trio of giant integrated casino resorts by allowing candidate communities to be designated as ?planned certification areas. Designation to narrow list of candidate cities: According to a Thursday report from Asia Gaming Brief, Ichiro Matsui believes that the new label would allow municipalities that want one of the three casino developments to speed up the selection process for their preferred operating partner in advance of submitting a final bid to government selectors. The 54-year-old politician reportedly declared that the officials should dish out the ?planned certification areas? brand to areas that had ?already raised their hands? for one of the casinos before later narrowing this list down to three winners. Casino being planned for Yumeshima Island: Asia Gaming Brief reported that Osaka is hoping to win one of the licenses in order to open an integrated casino resort on Yumeshima Island by 2024. As such, Matsui stated that the city of almost nine million inhabitants is endeavoring to select its preferred operating partner by the end of the year and that his ?planned certification area? label would assist it in extracting more serious commitments. Osaka is set to host World Expo 2025 on a 173-acre portion on the man-made island in Osaka Bay and reportedly wants to use the occasion to help construct an integrated casino resort complete with hotels, galleries, shopping arcades and convention facilities. Concerns over government lethargy: However, Matsui is concerned that the government is moving too slow after ratifying the Integrated Resort Implementation Bill late last month and that this could hurt Osaka?s bid for one of the casino developments. Matsui?s statement reportedly read? ?At this rate it will take them four or five years to select the locations.? |
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HendriJB
Supreme |
26-Oct-2018 12:55
Yells: "Breathe, Step Back - Think " |
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Hokkaido government mulling over integrated casino resort bid
Adam Morgan August 31, 2018 In Japan, the government for the northern island of Hokkaido is reportedly hoping to decide by the end of the year whether it should join the race to host one of the nation?s three coming integrated casino resorts. Special committee established: According to a report from GGRAsia, prefecture officials earlier formed a special committee to advise them on whether the large island of just over 5.3 million inhabitants should apply for the right to host one of the Las Vegas-style venues, which are due to feature a casino alongside other amenities such as hotels, shops and conference facilities. GGRAsia reported that this working group consists of tourism experts as well as those with experience in the treatment of problem gambling. It held the second of four planned meetings yesterday with the intention of conducting the remainder by the end of December in advance of formulating an official recommendation. Three competing locations: Should the government of Hokkaido eventually decide to take its interest in obtaining a casino license to the next level, the source reported that it would be required to select between one of three competing local authorities encompassing the port cities of Kushiro and Tomakomai alongside the small rural mountain village of Rusutsu. Tourism hot-spot: Hokkaido is Japan?s northernmost territory and this location reportedly helps it to attract large numbers of tourists eager to escape the nation?s many urban conurbations in order to enjoy cool summers as well as ski-friendly winters. The largely rural island hosted the 1972 Winter Olympics and is easily reached by those in the rest of the country by means of the 14.5-mile Seikan Railway Tunnel running under the Tsugaru Strait. Interest already high: It was further reported that Las Vegas-headquartered Caesars Entertainment Corporation has already presented plans that would see it develop an integrated casino resort in Tomakomai in partnership with Canadian private equity firm, Clairvest Group Incorporated. Similarly, American gambling giant, Hard Rock International Incorporated recently declared that it intends to open an office in the city of some 174,000 people later this year with the firm?s Asian Casino Business Development Senior Vice-President, Daniel Cheng, calling it ?the most suitable location? for such a property in Hokkaido. This interest was prefaced in November when Sapporo-based tourism firm, Kamori Kanko Company Limited, detailed that it would be partnering with local property developer, Niseko Alpine Developments Company Limited, in order to spend up to $200 million redeveloping an existing leisure resort in Rusutsu. The latter company?s Chairman, Jonathan Martin, declared at the time that this all-Japanese enterprise would include ?a strong bid platform? for an integrated casino resort. |
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