Latest Forum Topics /
Genting Sing
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Genting SP Next Move
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Longtermer
Elite |
31-Mar-2020 15:10
Yells: "A disciplined investor is a wealthy investor" |
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No one knows.. It depends very much on how fast the pandemic can be brought under control. I guess it take at least 6 months before we can see some light. Will not be surprised to see price dropped to 40+c or 2009 level at the bottom due to headline news panic .. Just my humble guess and i may be wrong. Pls dyodd.  
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Longtermer
Elite |
31-Mar-2020 15:01
Yells: "A disciplined investor is a wealthy investor" |
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Yes, the cruise biz belong to their Hq but the clients are mainly tourists and i believed cross selling are done among their businesses. All will be affected.
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Trader130
Supreme |
31-Mar-2020 14:51
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What u think the price for 3-6 months from now ? I think IPO price will be fair value 
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Gencasino
Senior |
31-Mar-2020 14:46
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People may get sucked in thinking it&rsquo s a recovery. Recover is farfar away so best to be safe. Shorting 
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2egg4kosong
Veteran |
31-Mar-2020 14:18
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genting sp got own the cruise business or is it the malaysia hq?
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sengsk
Elite |
31-Mar-2020 14:10
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Sold to Buyer ratio are almost 2 : 1 | ||||
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Longtermer
Elite |
31-Mar-2020 13:57
Yells: "A disciplined investor is a wealthy investor" |
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With the pandemic still running its course all over the world with lockdowns and travel advisories and bans been imposed.. tourists will not be coming in for a while. It will severely affect GS hotels, F& B and gambling biz. Bookings for their cruises are also mostly cancelled. Can expect GS revenue to drop at least 50% to 60%. Gov assistance can only help to bring down some fixed costs and retain jobs. Big Losses are expected for the coming qtrs. PM mentioned the crisis will last  a year or so.. Btw, the counter price dropped to about 40c during the last 2009 GFC. Do trade with care.   |
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buysellbuysell
Master |
31-Mar-2020 13:56
Yells: "someone please sell down low so that others can buy low" |
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Okok. I keep quiet ok.. point sword up. Buy up buy up.. there is a 5000k sell at 0.69. I go buy 1000k shares at 0.69 ok....
😉 😉 😉 😉 😉 😊 😊 😊 😊 😊
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Gencasino
Senior |
31-Mar-2020 13:52
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Go calculate how much will bleed in cash and losses per month  | ||||
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Trader130
Supreme |
31-Mar-2020 13:38
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Exit before axe dividends 2 cents 
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wehuattogether88
Supreme |
31-Mar-2020 13:26
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Agreed, dividend will not be guaranteed to maintaimn at certain level, if no or poor business, they will definitely cut it.
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uiop1223
Supreme |
31-Mar-2020 13:22
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My opinion is that retailers tend to chase for dividends yield. So when genting has corrected to 7% divdend, everyone rushed in to buy... without thinking that div will be cut or no div declared. I join fb investment grps.. all of them keep aiming for reits, counters that pay 7% divs or more. But they failed to realised that current div shld fall due to bad biz. They keep thinking reits can maintain same dpu | ||||
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kandinsky
Master |
31-Mar-2020 13:21
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Best is put your money where your mouth is, kar kar short one million shares this week.
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buysellbuysell
Master |
31-Mar-2020 13:18
Yells: "someone please sell down low so that others can buy low" |
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🤣 🤣 🤣 🤣 🤣 I didn't say this cause when there is a sell. Someone must buy you see...
So I just sing a song.. ah lalalalong a short short man. A short short man... You will see when the fund managers and the big boys turn their arrows down.... then it'll be...... Short short man.... 😆 😆 😆 😆 😆 Psst don't catch a falling knife. A falling knife cuts... Dyodd probably. All are assumptions... Ah short short man...
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Trader130
Supreme |
31-Mar-2020 13:09
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Crazy ... look at the situation more news to come
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albeniz
Veteran |
31-Mar-2020 13:05
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Maybe shortist have to cover their shorts and end up with no choice but to buy back at this price.
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TA_Expert
Supreme |
31-Mar-2020 13:01
Yells: "The World has changed" |
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GS fell to $0.51 on 19 March, now is $0.685. Look at how the BBs crushed the short sellers. Many people shorted this counter in the view that casino will be greatly impacted by the outbreak. But reality doesn' t show it. Share price doesn' t really reflect fundamental anymore. It is controlled by the BBs. |
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Gencasino
Senior |
31-Mar-2020 12:52
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Australia open in green, nowcred. US job numbers out later this week. Expected volatility and downward pressure,  |
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2egg4kosong
Veteran |
31-Mar-2020 12:43
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window dressing day la...tml laosai | ||||
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kandinsky
Master |
31-Mar-2020 12:27
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Numbers of new cases on daily basis are reducing and majority generally don't die but recover in a week. I got Covid-19 case in my apartment block also recovered quite fast. This virus would eventually just be reduced to some nuisance.
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