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Genting Sing
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Genting SP Next Move
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Goldfinger
Supreme |
27-Jun-2020 22:31
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Sngapore cannot afford to have so many unemployed people from laid off businesses. The Cure cannot be worse than the Disease. I think there will be open doors soon. There will be a trade-off of sorts. | ||||
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Trader130
Supreme |
27-Jun-2020 22:15
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Hope vaccine is ready by 1Nov
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SteadyInvest
Member |
27-Jun-2020 21:38
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I think RWS is reopening very soon, heard that even geylang is allowed to resume business soon. Reopening , not many customers , still incurs operating loss. Also, how can table games with big crowd like sic bo, baccarat going to play ? pay |
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uiop1223
Supreme |
27-Jun-2020 19:41
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If reopen, what are the costs to maintain social distancing? What are the % occupied? Like USS, open but 50 people come? U want to incur so much costs to earn 50 people tickets fee? Dont be too excited over opening. Be excited when tourists come back to pre covid level. When will this happen? | ||||
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Battle123
Elite |
27-Jun-2020 19:34
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Ya some says they have a lot cash.
But past months keep burning cash and subsequent months leh What do u think |
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sgng123
Supreme |
27-Jun-2020 15:20
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Stay chill, this year is good for short term trade. Currently sg market is laggard as we are only 50% open, phrase3 reopen would prompt a mini relief rally like what it did for global economy. Trade on that short period for kopi money and wait for next virus fear dip then profit on relief rally. This year is horrible for investing as the money could be better ultilised for better gain, save ur bullet for 2021 depression crash, i expect sti to crash to 1500 next year after gov support budget wear off. Never go against Fed Reserve QE and Ah Gong 100b stimulus, golden rule in stock trading, in additional Trump would do whatever it take to prevent market crash u know, he despicale to do anything for reelection. 2021 is when hell break loose, stay alert similar to 2009 | ||||
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sgng123
Supreme |
27-Jun-2020 15:08
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Investing or trading is the choice. This year is horrible for stock investing due to distortion on market and economy. If u wanna fish for investing try in 2021 when gov and fed support wear off. 2020 is year of short term trade, up and down but no crash, everytime market try to crash, gov and fed reserve would double down with qe and stimulus which made a crash more imminent next year. So don pray for crash this year not possible, trade on dip and profit on rebounce. Hand off after us election as fed would let market crash | ||||
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Longtermer
Elite |
27-Jun-2020 13:28
Yells: "A disciplined investor is a wealthy investor" |
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It may happen v soon. Genting is not in a good position when tourists are not in town since March. This quarter result is going to be the worst since the whole destination was shut with min revenues. Dyodd..
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SureBooh
Member |
27-Jun-2020 12:11
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First, please don' t call someone moron. Second, be realistic. market trend is not fake and always correct. Third, I invested 100k SGD in shares. could be small figure to you. however it is a big figure to me. It' s about 90% of my wealth.
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7ocean
Master |
27-Jun-2020 10:06
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Are you Moron $0.60c, If you too poor don' t ply stock or casino...
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SureBooh
Member |
26-Jun-2020 23:02
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I have a little advice here. This counter will lao sai to $0.60 | ||||
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sgng123
Supreme |
26-Jun-2020 16:48
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Chill soon every single business would be opened, else a lot of jobs would be lost To be fair there is no financial crisis, no property bubble, no war, all this shit is self inficted Economy recession due to fear of unknown. Common flu kills mil every year but nobody lockdown economy so u get it | ||||
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sgng123
Supreme |
26-Jun-2020 16:09
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No worry election on 10jul, by next week almost all business open for business except tour agency and airline. School reopen next monday, everything is opening warp speed now as it is needed to justify it is safe to hold election 2.7mil voter in 1 day biggest mass gathering lol. 4d toto already open this week, very long q and a lot of people | ||||
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Longtermer
Elite |
26-Jun-2020 16:08
Yells: "A disciplined investor is a wealthy investor" |
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Went Sentosa last night for dinner.. Whole Island so quiet and look pitiful. Was bustling with life just 6 months back. Now many attractions are closed and no tourists insight and very little locals around. Btw, free parking at RWS yet carpark empty.. just for info. | ||||
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Longtermer
Elite |
26-Jun-2020 16:00
Yells: "A disciplined investor is a wealthy investor" |
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D day results out in Aug soon... Next week July already. All the best ) |
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sgng123
Supreme |
26-Jun-2020 14:18
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Companies bottomline currently all supported by sg gov 100b support budget, don expect any crash. The crash would come though next year when no more support. Global gov and central bank cheat the economy by delaying the crash to 2021. | ||||
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sgng123
Supreme |
26-Jun-2020 13:35
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It trade sentiment loh, sti worse performer in region cos we still stuck in phrase 2, other had repoen fully enjoying broad rally. | ||||
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Battle123
Elite |
26-Jun-2020 13:33
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ai yo ur stil thinking reopen the price will go up Think of the operation cost will be much higher, and are there still customers as b4 ?? Juz like changi terminal, suspended T4 to lower cost. And stop T5 project ..... |
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sgng123
Supreme |
26-Jun-2020 13:27
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We waiting for casino reopen call from gov, ride on mini rally then cashout loh. This environment not good for investment since fed reserve support marketno crash | ||||
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uiop1223
Supreme |
26-Jun-2020 06:43
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With all the business failures, who are the locals who can gamble? Most of SMEs towkays in trouble. U got read how many biz folded during this 3 mths? They got money to lose to genting? Genting not targeting those who bet $500 or $2000. It makes money from gamblers who bet big and lose big. Even if reopen for biz, i doubt earnings will be good.
Those local aunty or uncle who go in and lose the $600 receive from ah gong will not save genting. Genting survival depends on china tourists who bet big. When are they coming?
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