| Latest Forum Topics / Genting Sing Last:0.615 -- |
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Genting SP Next Move
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valuebuyer
Senior |
15-Jul-2015 18:27
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Then don't misleading others to unload now, current price $0.9 & your unload price $1.04 is a Lot different.
$1.04 is ok , but that is no reason to unload at current cheap price.
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lighter87
Master |
15-Jul-2015 16:44
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Already sold all at 1.04 as i foresee downtrend will continue. Dont want the bros here all stuck hoping for a big rebound
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valuebuyer
Senior |
15-Jul-2015 16:40
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Bro, Please Sell now ,thank
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lighter87
Master |
15-Jul-2015 15:06
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Every quarter losing money. Downtrend not stopping.Might as well unload now and buy back during 2017 at a lower price | ||||
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Forglory
Senior |
15-Jul-2015 14:52
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Wait until next quarter report... |
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valuebuyer
Senior |
15-Jul-2015 10:14
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$0.91 now, congrat to those who dare to load at $0.85,$0.86 .
Cheers!
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ahboii
Member |
11-Jul-2015 13:27
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PESSIMISM LIKELY PRICED IN EV/EBITDA at -1 SD below 5-year mean Potential 2017 story Maintain HOLD with S$0.95 FV Pessimism likely priced in Genting Singapore&rsquo s (GS) share price continues to languish around the S$0.90 region, just off fresh 52-week low of S$0.895, likely weighed by the lackluster VIP business outlook over the medium term, as well as the recent outbreak of MERS (Middle East Respiratory Syndrome) in the region, especially in South Korea. However, we believe that most of the pessimism should already been priced in. Note that GS&rsquo s EV/EBITDA is now trading at more than 1x SD below its 5-year average. Sluggish VIP numbers well flagged On the muted VIP business, GS has already warned for some time that VIP volumes are likely to remain sluggish in the medium term, as Chinese high rollers are still affected by the ongoing anti-graft campaign in China. While the collection of debt from these players remains challenging, management has taken steps to tighten its credit it is also targeting more on the mass premium market. MERS unlikely to have long-lasting impact Also of concern is the spread of MERS in the region, which could affect air travel, and therefore, visitor numbers at RWS and USS. However, so far, international tourist arrival numbers have remained fairly stable at 1.2m in Apr. And as more people avoid going to South Korea due to the MERS outbreak there, some of these holidaymakers may eventually find their way to Singapore. While GS is currently building an IR on Jeju Island, it would only be ready by mid-2017 this should give the global health authorities plenty of time to contain the outbreak. Be patient 2017 will be better As before, we believe the GS is really a 2017 story and one with a strong overseas angle. The first being the opening of its integrated resort on Jeju Island, South Korea, and the second will be the building of IRs in Japan. For these reasons as also on valuation grounds, we maintain our HOLD rating on the stock with an unchanged fair value of S$0.95.   SOURCE: IOCBC SECURITIES |
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valuebuyer
Senior |
10-Jul-2015 10:10
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$0.90, I already said, buy low alway better than chase high, now going to break $0.90, how many dare to chase at this price? Scare? Wait for it to drop back $0.85? Opportunity waits for no one.
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KiLrOy
Elite |
10-Jul-2015 00:17
Yells: "I buy only what I can see." |
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Today we have a hammer which is a preempt to a buy signal~  |
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valuebuyer
Senior |
09-Jul-2015 23:01
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Be fearful when others are greedy, and be greedy when others are fearful (Warren Buffett)-
yes,low can go lower, but today is a clear signal of rebound, Buy low now is much much better than chase high at $0.9++ later. Maybe you are not confident with casino stock, then can consider Ezion as well, I meant don't miss the opportunity, it not always got great sales.
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KiLrOy
Elite |
09-Jul-2015 21:40
Yells: "I buy only what I can see." |
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Cant agree with you more BUT question is how low is low when the general market is now considered turnimg to bearish and FEAR starts to run thru your veins when trying to make those BUY LOW decision. :)
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valuebuyer
Senior |
09-Jul-2015 21:38
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Genting is real rebound from bottom, Ezion is another good counter that strong rebound from $0.945 , many good counters are just rebound from bottom, buy cheap now is much better than chase high later.
But people ate rather to chase high,because they dont see the value but follow trend. Trust me, only buy low can make big profit, not chase at high.
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KiLrOy
Elite |
09-Jul-2015 21:33
Yells: "I buy only what I can see." |
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Question is .. have you cut? |
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buysellbuysell
Master |
09-Jul-2015 19:12
Yells: "someone please sell down low so that others can buy low" |
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no good news and only uncertainty floats around it for the HSR where jurong genting hotel is sited. overseas campaigns only see results in 2017 ! ?  hold for what... no activity and only downside. losing money wheer your money sits and becomes lazy money with chance to lose when the counter goes downtrend. |
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Demostation
Supreme |
09-Jul-2015 16:52
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Sell off Genting Sp if you can so that you could buy back at a lower price.   This counter will head lower and lower slowly and steadily.   So don' t hesitate.   |
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enjoylife77
Veteran |
09-Jul-2015 16:45
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Was in overseas casino last 2 weeks. Business is not as good as it used to be.  Many of the casino are on high business cost. |
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Forglory
Senior |
09-Jul-2015 16:38
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So how many shares bought back today? |
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earlybird14
Supreme |
09-Jul-2015 15:02
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I think just a share buy back. Be careful, more downside. 
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valuebuyer
Senior |
09-Jul-2015 14:00
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Genting confirmed lowest at $0.85, Now rebound strongly, for those who do not hold any Genting shares, can buy now, dont misd it. | ||||
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buysellbuysell
Master |
08-Jul-2015 22:00
Yells: "someone please sell down low so that others can buy low" |
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0.7x for the near term... many fallen counters seems in the attractive zone... this counter may lose shine for the moment. the report states that 2017 can see something... either they (fund houses and banks) want to collect or buy some time to observe the counter genting probably....  
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