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Genting Sing
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Genting SP Next Move
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huathuat88888
Elite |
14-Mar-2018 12:18
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When I mentioned BIG FUNDS playing, they are playing all Casino Stocks, especually those who expressed interests in bidding for the Japan IR .
If you look at Melco, their share price is "somehow contained" like Genting. Why ? During these early period, they are doing consolidatiing : accumulation + washing out weak retailers. So they doing tight range. 1.14 ~ 1.16 . Then 1.13 ~ 1.15. Then 1.12 ~ 1.14. So if you are looking for a fast buck, these casino stocks not for you. You can do a quick buck betting during the Open Bidding period. But then Genting price may be hovering around $2 by then. I dont just observe Genting, i observe Melco , LVS, MGM, CASEARS , WYNN...too. A lot simiarities noted.
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Trader130
Supreme |
14-Mar-2018 12:01
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Win up $1 per day not 1-2 cents 😬
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huathuat88888
Elite |
14-Mar-2018 11:58
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Your question is like another one asking me : is it confirmed ?
If it is guaranteed or confirmed, if i have $10 mil, i will buy $10 mil also. No casino operators is sure. Not even LVS CAESARS WYNN MGM. But of these 4, quite sure 1 will get. So since we are not sure, we anticipate the progress. IR Bill ------> Confirmed (some price uptrend for most Casino Bidding Contenders) Proposals and Bidding Process -----> more price uptrend surge . This will be super active strong trading . Uptrend can be very strong . Bids Submitted --------> strong trading Shortlisted Bidders for Final Round ---------> more price uptrend surge By this time, Genting if shortlisted may be trading at $2 to $2.30. So if Genting didnt win, plunge to $ 1.30. If Genting wins, $3 to $3.50 maybe even more depending on tge Win (location.. etc ) All Casino Stocks are having the trend like Genting now, these include Melco LVS Caesars ...MGM Big funds playing.
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TenPips
Veteran |
14-Mar-2018 11:53
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Nobody has the answer. No certainty in things such as a bid. If it fails, it' s still a cashcow at this moment.
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SimpleTrade
Senior |
14-Mar-2018 11:44
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thinking of getting some at this price. Just wondering,
how sure genting sg getting the jap ir license? what if they fail to win the bid for the jap ir? |
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huathuat88888
Elite |
14-Mar-2018 11:18
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Weakness ? For 3 months, they were eating up from $1.30. I bought at 1.20 sold at 1.33 eaten up and were eating up 1.35 1 36 .
They are anticipating JAPAN IR BIDDING UPTREND SURGE TOO. Most likely shaking out retailers to make it as clean as possible before they go for strong uptrend.
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chillipadi
Elite |
14-Mar-2018 11:17
Yells: "Everything is temporary." |
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the deal was done at 1.142 but just 50K
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supernewbie88
Senior |
14-Mar-2018 11:14
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Same here, at 1.12?  High vol sell down at 11:09 though. Lol
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TenPips
Veteran |
14-Mar-2018 11:00
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I believe they are accumulating. It will go up when most have been tricked into selling. But who knows, maybe it is real weakness since it' s running downtrend. Let' s see. | ||||
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chillipadi
Elite |
14-Mar-2018 10:56
Yells: "Everything is temporary." |
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Married deal done at 10.56am | ||||
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Reo_Reo
Member |
14-Mar-2018 10:53
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At 10:47:33 - a $6.66 million buy up  | ||||
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Sgvale
Supreme |
14-Mar-2018 10:13
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Foucus on ease of credits policies in 2018 to spur VIP gaming revenue. China tourists coming in drove. | ||||
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Trader130
Supreme |
13-Mar-2018 16:57
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Yes, unless got changes... 
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Johngenting
Veteran |
13-Mar-2018 16:41
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Okkkkkkkkkkklkkkkkkkkkkl understood
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Sgvale
Supreme |
13-Mar-2018 16:05
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Married deal 500 lots $1.135 Just done. Wow.... | ||||
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Sgvale
Supreme |
13-Mar-2018 16:01
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Yes. Towards $1.21
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SgYuan
Supreme |
13-Mar-2018 15:47
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EW 109 w1 115 w2? w3? w4? w5?
w1 6 w2 3, tgt 112 w3 9, tgt 121 - Now starting w3 w4 3, tgt 118 w5 6, tgt 124 |
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huathuat88888
Elite |
13-Mar-2018 15:15
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U v funny. They are discussing. I am just anticipating .
If confirmed and i had advance news, i would have added more, much more. 6 locations identified. Is 3 + 3 or 4 + 2.
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Johngenting
Veteran |
13-Mar-2018 15:05
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23 EX ???
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Johngenting
Veteran |
13-Mar-2018 15:03
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Confirm ? Please share link
Thanks
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