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enjoylife77 Veteran	13-Aug-2015 17:59        enjoylife77 About Contact  Quote this Post!
x 0   x 0  Alert Admin	If you look at the past corporate move of  Genting Sg, it issued 3 rights issue, pumped it up to $2.35 and let go to all unsuspecting retailer.  Then issue a perpetual bond to funnel all the profit thus depriving the future  goodies of ordinary shareholder. In summary, the retailer paid for the mammoth project but are deprived of the future earnings.  Mr Lim is the smartest businessman in the little red dot.
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Forglory Senior	13-Aug-2015 17:45        Forglory About Contact  Quote this Post!
x 0   x 0  Alert Admin	How will the market react tomorrow...i cannot imagine...
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Goldfinger Supreme	13-Aug-2015 17:44        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	Did anyone get the sense that the derivative losses, which was  a contributing  cause for this quarter' s bad results,  are now factored in? enjoylife77      ( Date: 13-Aug-2015 17:41) Posted: All the  lumpy profit  go to the perpetual 5.125% holder and the left over go to ordinary shareholder.  Retailer got short changed over and over again.
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enjoylife77 Veteran	13-Aug-2015 17:41        enjoylife77 About Contact  Quote this Post!
x 0   x 0  Alert Admin	All the  lumpy profit  go to the perpetual 5.125% holder and the left over go to ordinary shareholder.  Retailer got short changed over and over again.
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edwinjup Supreme	13-Aug-2015 17:37        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	Never expect a loss...thought lower profit.... domanic      ( Date: 13-Aug-2015 17:31) Posted: they already reported profit warning.. price might have already factored it in ..
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domanic Elite	13-Aug-2015 17:32        domanic About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	super high cash super low debt i guess its not the end for genting
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domanic Elite	13-Aug-2015 17:31        domanic About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	they already reported profit warning.. price might have already factored it in ..
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enjoylife77 Veteran	13-Aug-2015 17:26        enjoylife77 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Shockingly bad result http://infopub.sgx.com/FileOpen/GENS%20SGX%20Announcement%20Q2%202015.ashx?App=Announcement& FileID=364797
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earlybird14 Supreme	13-Aug-2015 16:06        earlybird14 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	in 2011, STI down from 3200 to 2650 started from July till dec. Market saw recovery and pick up from Jan 2012 and welcome another stock market recovery from 2012 till 2015. But in 2008, STI move down slowly from 3200 since April and accelerate from July, till sept to Oct till 1600, people started to realise this is a clash. " Sell in May and go away" , especially you see a peak after a long bull run. Anyway, I has said market will crash started from April, I still insist it now. I will just say i tell you all early in Sept-oct, I will start to all in my long term saving money into the market in Dec and wait for the long term market recovery. Even market don' t crash from now till oct, Market also won' t recover from now till dec.  earlybird14      ( Date: 13-Aug-2015 15:52) Posted: China is facing the same issue as Japan after a fast growing economic, aging problem. Once the strongest and highest age group stepping into retired age, the country will face economic slow down issue, this is unavoidable. The next is the quality of the people, no offence, just stating the facts.  There are another type of theory mentioned that financial crisis is not really created by a bad global economic. It is a cycle of stepping down from overconfidence(overbought) level when the market can' t find any reason to support the confidence anymore. Stock market is moving to that direction, STI has been down from 3350 to 3060. about 300 point loss in less than 1 month. If this trend is continue in the rest of the months, you will finally realise and agree with me that SGX is crashing which is same as Dow and Nasdaq.  KAMAL0883      ( Date: 13-Aug-2015 15:33) Posted: Bro, dun think the market going to crash..... The devalue of CNY is just China declares financial war with USA. The global economic is not as bad as those Western described. I don' t understand why people can accept Western econ grow from 0.5 to 1 pct but cannot accept China' s econ slower than 7 pct but still above 6 pct. It s all about USA cannot accept  China overtake them. Just look at previously how Japan become USA' s the biggest creditor and eventually they whack down Japan for over 20 years and now they are going to do the same to China. I doubt they can and has the capability to whack China like what they did to Japan ........
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earlybird14 Supreme	13-Aug-2015 15:52        earlybird14 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	China is facing the same issue as Japan after a fast growing economic, aging problem. Once the strongest and highest age group stepping into retired age, the country will face economic slow down issue, this is unavoidable. The next is the quality of the people, no offence, just stating the facts.  There are another type of theory mentioned that financial crisis is not really created by a bad global economic. It is a cycle of stepping down from overconfidence(overbought) level when the market can' t find any reason to support the confidence anymore. Stock market is moving to that direction, STI has been down from 3350 to 3060. about 300 point loss in less than 1 month. If this trend is continue in the rest of the months, you will finally realise and agree with me that SGX is crashing which is same as Dow and Nasdaq.  KAMAL0883      ( Date: 13-Aug-2015 15:33) Posted: Bro, dun think the market going to crash..... The devalue of CNY is just China declares financial war with USA. The global economic is not as bad as those Western described. I don' t understand why people can accept Western econ grow from 0.5 to 1 pct but cannot accept China' s econ slower than 7 pct but still above 6 pct. It s all about USA cannot accept  China overtake them. Just look at previously how Japan become USA' s the biggest creditor and eventually they whack down Japan for over 20 years and now they are going to do the same to China. I doubt they can and has the capability to whack China like what they did to Japan ........ earlybird14      ( Date: 13-Aug-2015 15:13) Posted: Devalue will be good if market is near bottom. Market is still at mid-peak level, devalue just imply china economic is getting worse, so market crash. Among casino in US and SG market, Genting price getting attractive with their strong balance sheet. Majority casino companies listed in US like wynn, lvs and etc involved big billion projects in Macau which are heavily debted and their earning from those good timing all go to luxury dividend payment.  Only during the bad time, we can see which company is more sustainable in the same industry, in short term, downtrend may still continue, but in long term, Genting is safe to buy and keep at price range between 60 to 80.  Buy in batches will be the strategy to go.
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domanic Elite	13-Aug-2015 15:39        domanic About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	the buy ups are indeed remarkable..
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KAMAL0883 Supreme	13-Aug-2015 15:33        KAMAL0883 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Bro, dun think the market going to crash..... The devalue of CNY is just China declares financial war with USA. The global economic is not as bad as those Western described. I don' t understand why people can accept Western econ grow from 0.5 to 1 pct but cannot accept China' s econ slower than 7 pct but still above 6 pct. It s all about USA cannot accept  China overtake them. Just look at previously how Japan become USA' s the biggest creditor and eventually they whack down Japan for over 20 years and now they are going to do the same to China. I doubt they can and has the capability to whack China like what they did to Japan ........ earlybird14      ( Date: 13-Aug-2015 15:13) Posted: Devalue will be good if market is near bottom. Market is still at mid-peak level, devalue just imply china economic is getting worse, so market crash. Among casino in US and SG market, Genting price getting attractive with their strong balance sheet. Majority casino companies listed in US like wynn, lvs and etc involved big billion projects in Macau which are heavily debted and their earning from those good timing all go to luxury dividend payment.  Only during the bad time, we can see which company is more sustainable in the same industry, in short term, downtrend may still continue, but in long term, Genting is safe to buy and keep at price range between 60 to 80.  Buy in batches will be the strategy to go. FATABA      ( Date: 13-Aug-2015 15:04) Posted: Note your input.  China continue to devalue its RMB and funny ....today market up ....finaly people know its good for the market or over sold . Whatever, Genting wld be facing very strong headwinds coming mths .....not sure if 62 will be hit ....but certainly very interesting counter when aro 0.70/75 Awaiting patiently for tmr
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earlybird14 Supreme	13-Aug-2015 15:27        earlybird14 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	I think majority know how bad business is in Sentosa world resort.  Results from Marina bay sand and macau gambling revenue can tell if the situation is changed.  From macau gambling revenue, last 4 month revenues are same as 2010 Oct level. Further down has to trace back to 2008-2009 level which is financial crisis level. So basically, what we need to see is can genting singapore still profitable in the rest of the months in 2015. Let' s see how bad the result is it for Genting this evening. But after that, you have to do your own judgement if price can go even lower after the dump. Genting is not noble, their financial ability is strong till can use their 4 billion cash to buy over noble group completely. domanic      ( Date: 13-Aug-2015 13:11) Posted: At least someone being objective. Thanks.. I' m not trying to put down Genting . But its facts..  alan5793      ( Date: 13-Aug-2015 13:07) Posted: Those buses used to fetch aunties from malaysia ( nearby kampongs) oso cut down to 40% as compared to peak periods.... Really bad...
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earlybird14 Supreme	13-Aug-2015 15:13        earlybird14 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Devalue will be good if market is near bottom. Market is still at mid-peak level, devalue just imply china economic is getting worse, so market crash. Among casino in US and SG market, Genting price getting attractive with their strong balance sheet. Majority casino companies listed in US like wynn, lvs and etc involved big billion projects in Macau which are heavily debted and their earning from those good timing all go to luxury dividend payment.  Only during the bad time, we can see which company is more sustainable in the same industry, in short term, downtrend may still continue, but in long term, Genting is safe to buy and keep at price range between 60 to 80.  Buy in batches will be the strategy to go. FATABA      ( Date: 13-Aug-2015 15:04) Posted: Note your input.  China continue to devalue its RMB and funny ....today market up ....finaly people know its good for the market or over sold . Whatever, Genting wld be facing very strong headwinds coming mths .....not sure if 62 will be hit ....but certainly very interesting counter when aro 0.70/75 Awaiting patiently for tmr earlybird14      ( Date: 13-Aug-2015 14:51) Posted: I will start to collect after tomorrow once price is stabled down and show sign of reversal. I am not going to bet on the result. Share buy back will start again, this is for sure. Jeju Island is a joint venture 1.8billion project which China firm. Genting still has 4 billion cash on hand, almost debt free with about 2billion debt, this is nothing with total equity of 9billion. So, overall Genting SIngapore is a healthy company with NAV of 62cents. Once price closer to this price, it is worth to buy and keep in long term. Now, i only can expect it drop as much as possible from tomorrow for me to collect cheap.
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FATABA Supreme	13-Aug-2015 15:04        FATABA About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Note your input.  China continue to devalue its RMB and funny ....today market up ....finaly people know its good for the market or over sold . Whatever, Genting wld be facing very strong headwinds coming mths .....not sure if 62 will be hit ....but certainly very interesting counter when aro 0.70/75 Awaiting patiently for tmr earlybird14      ( Date: 13-Aug-2015 14:51) Posted: I will start to collect after tomorrow once price is stabled down and show sign of reversal. I am not going to bet on the result. Share buy back will start again, this is for sure. Jeju Island is a joint venture 1.8billion project which China firm. Genting still has 4 billion cash on hand, almost debt free with about 2billion debt, this is nothing with total equity of 9billion. So, overall Genting SIngapore is a healthy company with NAV of 62cents. Once price closer to this price, it is worth to buy and keep in long term. Now, i only can expect it drop as much as possible from tomorrow for me to collect cheap. FATABA      ( Date: 13-Aug-2015 14:40) Posted: Forget about any help on the result from Korea or Japan potential in the next few years/ Jurong hotel might offer some income now. Surprise on the large buy Q since this morning. Mgt is supporting the price ? Or someone is buying up before the results?
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earlybird14 Supreme	13-Aug-2015 14:51        earlybird14 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	I will start to collect after tomorrow once price is stabled down and show sign of reversal. I am not going to bet on the result. Share buy back will start again, this is for sure. Jeju Island is a joint venture 1.8billion project which China firm. Genting still has 4 billion cash on hand, almost debt free with about 2billion debt, this is nothing with total equity of 9billion. So, overall Genting SIngapore is a healthy company with NAV of 62cents. Once price closer to this price, it is worth to buy and keep in long term. Now, i only can expect it drop as much as possible from tomorrow for me to collect cheap. FATABA      ( Date: 13-Aug-2015 14:40) Posted: Forget about any help on the result from Korea or Japan potential in the next few years/ Jurong hotel might offer some income now. Surprise on the large buy Q since this morning. Mgt is supporting the price ? Or someone is buying up before the results? earlybird14      ( Date: 13-Aug-2015 14:32) Posted: Even on time, it will be 2 year later time, whole project will be completed by 2019 which is 4 year later.
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FATABA Supreme	13-Aug-2015 14:40        FATABA About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Forget about any help on the result from Korea or Japan potential in the next few years/ Jurong hotel might offer some income now. Surprise on the large buy Q since this morning. Mgt is supporting the price ? Or someone is buying up before the results? earlybird14      ( Date: 13-Aug-2015 14:32) Posted: Even on time, it will be 2 year later time, whole project will be completed by 2019 which is 4 year later.    Stocky901      ( Date: 12-Aug-2015 19:33) Posted: Anyone knows the progress of their Korean casinos? On time to open?
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earlybird14 Supreme	13-Aug-2015 14:32        earlybird14 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Even on time, it will be 2 year later time, whole project will be completed by 2019 which is 4 year later.    Stocky901      ( Date: 12-Aug-2015 19:33) Posted: Anyone knows the progress of their Korean casinos? On time to open?
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domanic Elite	13-Aug-2015 13:11        domanic About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	At least someone being objective. Thanks.. I' m not trying to put down Genting . But its facts..  alan5793      ( Date: 13-Aug-2015 13:07) Posted: Those buses used to fetch aunties from malaysia ( nearby kampongs) oso cut down to 40% as compared to peak periods.... Really bad... domanic      ( Date: 13-Aug-2015 10:31) Posted: First things first it is allowedcfd dma). Secondly ah gong keep supporting this stock while their fundamental deteriorating. My mum is a gambler in RWS(I didn t approve this) But the info she shared with me .. you go walk inside you' ll understand what i mean. Core business? Deteriorated so badly. I' m shorting plainly on technical analysis with tp and sl. DYODD CE Cheers
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alan5793 Veteran	13-Aug-2015 13:07        alan5793 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Those buses used to fetch aunties from malaysia ( nearby kampongs) oso cut down to 40% as compared to peak periods.... Really bad... domanic      ( Date: 13-Aug-2015 10:31) Posted: First things first it is allowedcfd dma). Secondly ah gong keep supporting this stock while their fundamental deteriorating. My mum is a gambler in RWS(I didn t approve this) But the info she shared with me .. you go walk inside you' ll understand what i mean. Core business? Deteriorated so badly. I' m shorting plainly on technical analysis with tp and sl. DYODD CE Cheers charchel      ( Date: 13-Aug-2015 10:27) Posted: Shorting stock should be banned in Sg!!     domanic           ( Date: 12-Aug-2015 17:48) Posted:  Shorted and made round 1 835-815 (Should have held longer).  I believe more to come stay tuned
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