| Latest Forum Topics / Genting Sing Last:0.615 -- |
|
|
Genting SP Next Move
|
|||||
|
LOVEYOURSELF
Member |
21-Aug-2013 15:35
Yells: "Love Yourself and Be Kind To Others" |
||||
|
x 0
x 0 Alert Admin |
I need not say anything ....... just look at the share price........
|
||||
| Useful To Me Not Useful To Me | |||||
|
desmondwong
Member |
19-Aug-2013 13:30
|
||||
|
x 0
x 0 Alert Admin |
Can you make it to 1.50,.........hooray !!!!!!
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
desmondwong
Member |
18-Aug-2013 18:13
|
||||
|
x 0
x 0 Alert Admin |
Wa Liao rocket going up reaching 1.40......The Motley Fool August, 17 said:-Can Bob Improve Your Returns?Beating the marketLet me give you a few examples.Over the last ten years, Jardine Strategic Holdings (SGX: J37) has delivered a return of 1,353% for its shareholders. Put another way, if you had invested $1,000 in the company in 2003, your investment, which includes reinvested dividends, would be worth $14,510 today.Other companies that have done well over the past decade include casino and resort operator Genting Singapore (SGX: G13), Singapore Exchange (SGX: S68) and shipbuilder Sembcorp Marine (SGX: S51). They have all delivered annual total returns in the mid to high twenties. Meanwhile, the Straits Time Index (SGX: ^STI) has returned around 10%.Whilst the benchmark index has done well, some shares have done much better. That is because the Singapore benchmark comprises 30 separate companies. So the returns you get will be a blend of the returns from all those different shares.In the main, it is generally accepted that diversification is a good thing. However, it can also be easy to fall into the trap of over diversifying.
|
||||
| Useful To Me Not Useful To Me | |||||
|
LOVEYOURSELF
Member |
14-Aug-2013 09:36
Yells: "Love Yourself and Be Kind To Others" |
||||
|
x 0
x 0 Alert Admin |
When will ever wake up!  Already DEAD for a long long long time......
|
||||
| Useful To Me Not Useful To Me | |||||
|
Tomique
Master |
14-Aug-2013 08:39
|
||||
|
x 0
x 0 Alert Admin |
Not dead yet, but in comatose. Will wake up if injected with any growth serum. Waohahaa! 
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
LOVEYOURSELF
Member |
14-Aug-2013 08:32
Yells: "Love Yourself and Be Kind To Others" |
||||
|
x 0
x 0 Alert Admin |
..........what for positive report.......   ...........this stock is dead ......................
|
||||
| Useful To Me Not Useful To Me | |||||
|
oldflyingfox
Master |
13-Aug-2013 11:19
|
||||
|
x 0
x 0 Alert Admin |
Positive report from Macquarie => http://www.warrants.com.sg/cgi/newsletter/todays_highlight.cgi   Genting Singapore ? growth pipeline approaching The highlights of Genting Singapore?s strong set 2Q13 results reported on 6 August were   1) strong growth in VIP rolling chip volume (where Genting Singapore took market share from MBS) 2) confirmation that Genting Singapore was looking at the Japan growth opportunity (rather than another one of the Genting entities) and 3) management stating that there was another growth opportunity (other than Japan) visible in the next 6 ? 12 months. The issue with the result was the low hold rate for a second quarter.   The highlight of Genting Singapore?s result was in the VIP segment where rolling chip volume grew 29%, allowing Genting Singapore to increase its market share to 49% from 44% in 1Q. This is admirable against a backdrop of lower credit extension and given the fact that Genting Singapore does not have a position in Macau (as its MBS does) ? which would be a valuable feeder market. Management said the strong performance was driven by Genting Singapore being more comfortable with its customer base and being more efficient with credit extension and collection.   The mass market side volumes grew c.5% year-on-year (yoy), however Genting Singapore ceded market share from 46% in 1Q to 45% in 2Q. Management noted that local visitation continued to be impacted by the Government cubs ? and MER expects Genting Singapore is getting hit harder by this given its exposure to the local players. Management noted the focus is on growing the premium mass program which they are targeting at present.   On Japan, Genting Singapore confirmed that it was looking at the opportunity and that if casinos were legalised, it would look to enter Japan through the Genting Singapore entity. This is consistent with MER?s thinking, but was a key area of pushback from investors as the common concern was that Japan may take place through another Genting entity.     MER?s action and recommendation: MER retains its Outperform rating on Genting Singapore with a 12-month target price of $1.85. The stock closed at $1.38 yesterday. |
||||
| Useful To Me Not Useful To Me | |||||
|
krisluke
Supreme |
07-Aug-2013 09:45
|
||||
|
x 0
x 0 Alert Admin |
Genting SP: 2Q13 results missed estimates, again on poor luck factor, despite stronger underlying VIP volume growth. Nevertheless, following the recent stock price correction and lack of immediate catalysts, some market watchers expect a neutral stock reaction. Adjusted EBITDA was $310.8m (+1% y/y, +24% q/q), again negatively affected by below theoretical VIP hold of 2.5% (vs 2.12% in 1Q and 3.1% in 2Q13), despite a significant increase in VIP rolling chip volume (+29% y/y). Net profit edged up 1% y/y to $140.2m, as revenue inched up similarly to $707.9m. Overall, the Singapore gaming market rose an estimated 8% y/y in 2Q, or 2% y/y in 1H to $3.85b, underpinned mainly by a stronger VIP market. Barring further exceptional weakness in VIP win rate, some market watchers expect a stronger 2H13, though quarterly VIP volumes should remain volatile. GENS remains optimistic that Japan is closer to legalizing casino gaming via a two stage approval process, i.e., approval of a casino enabling bill before end 2013 and approval of a detailed implementation bill a year there after. If Japan goes ahead with casino gaming, GENS's track record in Singapore and its strong balance sheet would put it in a good position to compete. GENS is also exploring other Asian leisure/gaming opportunities which it hopes to conclude in 6-12 months. Maybank KE maintains Hold with lower TP of $1.34 (from $1.70) Deutsche maintains Hold with TP $1.38. Credit Suisse maintains Outperform with TP $1.80. Nomura maintains Reduce with TP $1.23. |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
oldflyingfox
Master |
07-Aug-2013 09:40
|
||||
|
x 0
x 0 Alert Admin |
Moving up strongly now... | ||||
| Useful To Me Not Useful To Me | |||||
|
Tomique
Master |
07-Aug-2013 09:29
|
||||
|
x 0
x 0 Alert Admin |
Casinos always win.   It is just bigger or smaller wins, but they normally do not lose.   Thus invest long term is better. | ||||
| Useful To Me Not Useful To Me | |||||
|
LOVEYOURSELF
Member |
07-Aug-2013 09:19
Yells: "Love Yourself and Be Kind To Others" |
||||
|
x 0
x 0 Alert Admin |
.........all considered .......... this is ok report card........what say U ???
|
||||
| Useful To Me Not Useful To Me | |||||
|
windows8
Member |
06-Aug-2013 20:21
|
||||
|
x 0
x 0 Alert Admin |
SINGAPORE, Aug 6 (Reuters) - Genting Singapore Ltd reported a 5 percent rise in second-quarter core earnings, but the numbers came below market expectations and the company said its casino business was affected by a lower win percentage in the premium players' business. Genting Singapore's Resorts World Sentosa and Las Vegas Sands' Marina Bay Sands' are the world's most profitable casinos, but analysts expect tepid growth due to China's economic slowdown and worries about rising debt from Chinese high-rollers. Sitting on a cash pile of nearly S$4 billion, Genting Singapore said it was keen to expand overseas. | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
retsel
Member |
06-Aug-2013 18:56
|
||||
|
x 0
x 0 Alert Admin |
Genting financial results out liao ... profit flat qoq.... For the second quarter of 2013, the Group reported revenue of S$707.9 million and adjusted earnings before interest, tax, depreciation and amortisation (“Adjusted EBITDA”) of S$310.8 million. Resorts World Sentosa (“RWS”) – Singapore Integrated Resort (“Singapore IR”) contributed revenue of S$707.4 million and Adjusted EBITDA of S$313.6 million. With the increased visitation to the Marine Life Park, the non-gaming business continues to register a healthy growth of 19% as compared to the second quarter of 2012. The Marine Life Park and Universal Studios Singapore attracted over 1.7 million visitors in the second quarter of 2013 whilst the hotels achieved a high occupancy rate of 92%, with an average room rate of S$409. The casino business was affected by a lower win percentage in the premium players’ business despite significant increase in its rolling volume. For the first half of 2013, the Group reported revenue of S$1,377.6 million and Adjusted EBITDA of S$560.5 million. The Singapore IR continues to generate a steady stream of revenue, with the Marine Life Park contributing to an expanded revenue base in the non-gaming segment. Compared to the first half of 2012, the Singapore IR did well by achieving significant increase in premium players’ rolling volume but net revenue was affected by a lower win percentage. | ||||
| Useful To Me Not Useful To Me | |||||
|
LOVEYOURSELF
Member |
31-Jul-2013 16:27
Yells: "Love Yourself and Be Kind To Others" |
||||
|
x 0
x 0 Alert Admin |
NOT SUDDEN DROP.............   HOPELESS !!!!!!!!!!!!
|
||||
| Useful To Me Not Useful To Me | |||||
|
shroomfarmer
Member |
31-Jul-2013 10:21
|
||||
|
x 0
x 0 Alert Admin |
sudden drop!  | ||||
| Useful To Me Not Useful To Me | |||||
|
desmondwong
Member |
30-Jul-2013 09:17
|
||||
|
x 0
x 0 Alert Admin |
CIMB highlighted an improvement in CMA's operating margins and firm rents at the company's existing and new malls. " We expect further operational improvements to drive its share price," it said. CMA rose in a steady Singapore stock market, with Singapore Exchange Ltd and Genting Singapore Ltd figuring among other gainers. Market focus will be on SPH REIT as it begins trading later on Wednesday after pricing its S$504 million offering at the top of its indicative range. CMA shares have taken a beating over the past few months on worries of a credit crunch in China, a country that accounted for 44 percent of its revenue last year. " CMA has been aggressive in acquisitions, but is now focusing more on execution and improving yields," CIMB said. |
||||
| Useful To Me Not Useful To Me | |||||
|
shroomfarmer
Member |
29-Jul-2013 10:30
|
||||
|
x 0
x 0 Alert Admin |
civil servants to be more heavily regulated moving forward for local casinos.  now genting on freefall.   |
||||
| Useful To Me Not Useful To Me | |||||
|
Octavia
Supreme |
25-Jul-2013 10:01
|
||||
|
x 0
x 0 Alert Admin |
According to CIMB, MBS operating numbers for 2Q13 showed that it was very much business as usual. The VIP market continues to be very narrow, driven by credit and high betting limits. The mass market business continues to struggle for growth as yields have been maximised and there is limited scope for capacity expansion. GENS will report its 2Q13 on 6 Aug. CIMB are expecting $308m adjusted EBITDA (+1.8% y/y) and $156m net profit (+12.8% y/y). House are assuming that GENS pulled back on VIP credit following the cautious outlook by management in 1Q13. However, if it maintained VIP liquidity, GENS is likely to beat its 2Q13 estimate. CIMB has an UNDERPERFORM rating with TP of $1.08. | ||||
| Useful To Me Not Useful To Me | |||||
|
Hawkeye
Master |
24-Jul-2013 23:04
|
||||
|
x 0
x 0 Alert Admin |
This is Genting of course I am right. Genting do not know how to fail. LOL
|
||||
| Useful To Me Not Useful To Me | |||||
|
LOVEYOURSELF
Member |
24-Jul-2013 16:12
Yells: "Love Yourself and Be Kind To Others" |
||||
|
x 0
x 0 Alert Admin |
HOPE YOU ARE RIGHT!
|
||||
| Useful To Me Not Useful To Me | |||||

