| Latest Forum Topics / Genting Sing Last:0.615 -- |
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Genting SP Next Move
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pursuer76
Veteran |
22-Aug-2024 17:09
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With just 3 more trading days to Ex-Date, doubt it will go anywhere near 0.90 series. But hopefully, I am wrong. 
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Delvyss
Elite |
22-Aug-2024 14:17
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Collection mode ending soon | ||||
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halleluyah
Supreme |
22-Aug-2024 14:10
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long some.......results was gd......52 wks low........ | ||||
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vivacious
Supreme |
20-Aug-2024 15:34
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stablizing | ||||
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Mark001
Veteran |
20-Aug-2024 11:23
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Happened to read it and just share the information: MacDonald  previously spent almost 12 years at MBS, including as Corporate Senior Vice President and Chief Casino Officer, before stepping down in late 2021. He joined cross-town rival Resorts World Sentosa (RWS) around 12 months later as Chief Casino Officer and is also a Director of Resorts World at Sentosa Pte Ltd.
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Mark001
Veteran |
20-Aug-2024 09:50
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I think short-selling requires a deposit that is 1st step in risk management for braokerage firms.
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Delvyss
Elite |
20-Aug-2024 09:47
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Thanks for opinion.  Looks like there' s a chance of re-entering the 83.5 / 84 zone today.
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pursuer76
Veteran |
20-Aug-2024 08:56
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SBL allows an investor to borrow shares at a specific interest rate. Different stock got different rate. As long you pay the interest, you can short for very long and probably don' t kena margin call. I don' t have a profound understanding of how this works exactly. Just basic understanding only.
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Mark001
Veteran |
20-Aug-2024 08:21
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I am not sure on this. but I think it is not easier to make $ by short-sell.  What is the SGX SBL system? Is it much different with others such as US stock market?
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hypewhy
Member |
20-Aug-2024 00:49
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i think it need a clarification on monkeypox situation,    |
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bamboo300306
Veteran |
19-Aug-2024 22:12
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The way to deter short selling is to allocate to do SBB and cancel off the share instead of paying dividend. SGX is a heaven for short selling.
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pursuer76
Veteran |
19-Aug-2024 16:27
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I guess it' s easier to earn $ shorting counters than longing them. Thanks to our SGX SBL system with low interest rates.
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Mark001
Veteran |
19-Aug-2024 16:13
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Why ABN do this? Will it leave this stock or prepare for more acquisitions?
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JessTrang
Veteran |
19-Aug-2024 15:18
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They were selling at Thaibev last Friday too, lol
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Mark001
Veteran |
19-Aug-2024 14:46
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Where will Genting SP move?
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Mark001
Veteran |
19-Aug-2024 11:05
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Yes. You are right.
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pursuer76
Veteran |
19-Aug-2024 10:43
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FYI, ABN was the seller pressing the SP down when i bought last Fri. Maybe they are the ones suppressing the SP.
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Mark001
Veteran |
19-Aug-2024 10:35
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Agreed with your opinion.  
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pursuer76
Veteran |
19-Aug-2024 10:20
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Looking at Q2 results, Genting is deemed reasonable to dish out $0.02 cents of dividends. I' m guessing shortists are trying to press down the SP hard to cover their shorts before Ex-Date. Hopefully, there are investors who recognise the goodwill and squeeze the shortists. It' s preposterous that with such yield, the SP keeps dropping or remains stagnant. | ||||
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alanchee
Senior |
19-Aug-2024 09:31
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bank fd rate also coming down, so alright to park my fund in this stock. Think wont take long to move up 
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