Posted by jack_ng > 2012-07-27 09:49 | Report Abuse

GenS : Broken support of SGD1.28, checking SGD1.15 next.


http://klse.i3investor.com/blogs/cpteh/14924.jsp

Posted by cytoh19 > 2012-07-27 12:28 | Report Abuse

wat is this mean? buy or sell?

Posted by moven00 > 2012-07-27 22:39 | Report Abuse

I smell opportunity in crisis investment. Lives in investment is funny sometimes. People create doubt and start to sell counter like GEN-S, Well I loves to go the other way round. The more you sell, the more I buy. And I am here for a long term investment.
Let me share a good exmple with all here, I bought Genting (Malaysia) sometime like three years ago during all the bad news and after the share were split (RM4 at that purchase)you know what it went down to RM3....and Guess what??? MY balls were shaking. Hahahahahaha
After awhile, that bloody thing shoot up to RM5. I happily sell it off, thinking I make RM1K per lot, damn lucky. After few months that bloody genting went up to RM8.
So bro, If you buy good good counters why worry. Why keep asking and create self-doubts. Do your research and just keep it. Better still average down if it drop to certain level.
Good counter will always comeback....So when everyone started to talk about genting later, when every broker firm AMResearch, DBS, Kopi Mamak, Bak Kut teh Seng started to buy buy and buy Genting-S.....hehehe....I will start to sell to them at SD1.80 and SD2.00 per lot.

Posted by moven00 > 2012-07-27 22:48 | Report Abuse

One more thing, ask yourself one question??? You think singapore government will stupidly close down the casino??? Ask yourself again?? Will they? Do you want to Kick shit/sand to their own rice bowl. Casino and tourism in Singapore is crucial larr.
Talking about factory and manufacturing Singapore already lose out to Vietnam in terms of labour cost. So Singaporean really need this to create job for its citizen and income to the government revenue. After all, neigbouring country like malaysia also have casino....what? you think there is no other place gamble meh....even Ah Sua and Ah Beng apartment also can gamble illegally without revenue of tax to the Singapore Government. THINK HARD, REALLY HARD MAN.

Posted by beginner14 > 2012-07-29 10:15 | Report Abuse

but the chart is showing sign of moving down bro!!!
i'm looking for a 2 to 3 years investment. i bought at 1.5something....advice needed

Posted by moven00 > 2012-07-29 23:27 | Report Abuse

Bro Beginner14,

Investment means there is risk. How high a person can take its risk. The good thing here is Genting is a cash rich company with a sound management.

Thats why in Investment there is no guarantee of GAIN or PROFIT. It involve risk.....

Yes, if you are talking about 2-3 years investment, why not??
I have previously (year 2002) bought lotsa LPI shares (Malaysia Share) at 5.50 And my definition of alot here is 4 lots. As the management and business is solid. The shares have appreciated over the years to more than 10++. I sold it at 8.40 per lot. Still keep 1 lot of this counter as the dividend payout is quite good.
(I just share with you what I know best, do your homework and invest according to your level of risk that you are willing to take bro.)

Posted by jack_ng > 2012-07-30 10:30 | Report Abuse

GENSP: Grossly oversold but still no signs of reversal yet

Although technically extremely oversold, there could be downside bias ahead of its 2Q12 results (10 Aug) as investors will remain sidelines. For risk takers, there could be trading opportunities if share prices fall further to more solid supports near SGD1.10 (123.6% FR from low 1.22 and high 1.74) and SGD1.02 (138.2% FR).
Immediate resistance is SGD1.30 (10-d SMA). A reversal will happen if there is a strong breakout above will 1.30. Further upside targets are 1.38 (50-d SMA) and 1.48 (50% FR). RM1.36 (50% FR). Cut loss below SGD1.00.

Source: Hong Leong Investment Bank Research - 30 July 2012

Posted by Kl Vin > 2012-07-30 17:08 | Report Abuse

Hehe...Those who cut loss at $1.31 sure regret now !!
COLLECT AT BELOW $1.30 IS VERY DISCOUNT PRICES !!

Posted by Trader0909 > 2012-07-30 19:10 | Report Abuse

One good day does not equal an imminent reversal.

Posted by Kl Vin > 2012-07-31 12:40 | Report Abuse

Atleaste we found the bottom !

Posted by Stephen Lee > 2012-08-02 05:48 | Report Abuse

The time has not yet riped for collection. Wait till the big 4 gambling cum casino gaints in Hong Kong and Macau shares continue to move north. Now the gambling cum casino shares are moving south. Mainland China filty rich gamblers have been reducing in number visiting theses places. This have badly affected the income of the casinos profit performance. Be patient and wait.

Posted by midas_max > 2012-08-07 09:20 | Report Abuse

any comment on coming quarter report. This will be the main factor decide whether the price jump up or down.

Posted by moven00 > 2012-08-14 23:44 | Report Abuse

Hahaha, the house is half burned, still can burn further. Drama not yet finish. Temporarily up to trap more money in. Generally earning in genting sp is really down.

Posted by moven00 > 2012-08-15 15:05 | Report Abuse

Aiii.......Firemen already comes to doused down the fire...?? emmmmm....don't be too happy or syiok sendiri. Flames still high.

Might burned again....hahahaha or Uncle Lim son comes and doused the fire himself....Bei Tahan liao, his fortunes burning into ashes.

Posted by Kl Vin > 2012-08-15 23:29 | Report Abuse

Haha ~~ Come on Guys !!
This is MID TERM & LONG TERM COUNTER !!
Why keep worrying the price movement everyday ???
Just Bought It and KEEP FOR LONG TERM !!!
TODAY MAKE A GOOD SHOW ALTHOUGHT INDEX DROP 26 POINT !!

Posted by moven00 > 2012-08-24 12:36 | Report Abuse

Told you so.....how to fine heavily. You want to break your own rich bowl meh?? Singapore Government will have to consider carefully in any actions agains this Genting Casino and Marina Casino.
They are cash rich. Burned down also nevermind....hahahaha.
That fine is just a tap on the shoulder only. Just to do some action movie la.
Main actor - Genting Singapore (Can Never Die One)
Good Guy - Singapore Authorities
Scene - Fine few hundred thousand Singapore dollar
Fire Burner - Analyst @ Cucuk Belakang, or can also be named as
Sekejap baik/boleh naik sekejap turun/tak bagus.

Hahahaha...seen alot of you guys.....

Posted by passerby > 2012-08-26 22:01 | Report Abuse

That is the job of analysts, if they don't write sells or buys, where got trading activity, if no trading activity = no brokerage fees & commissions , no brokerage fees & commissions , analysts / brokers eat porridge & salted fish lo.

Posted by moven00 > 2012-08-28 23:38 | Report Abuse

More to burn.....Genting SP for me is a downtrending shares with alot of uncertainties.
Some might want to say that it is an opportunity to buy in GENTING SP.
But I somehow feel it will struggle to pull out good profit result in the coming quarters.
So we might see another round of free fall. I will only consider of Genting-SP once it reach $1.00 and below.
Another point to note is there is no dividend payment for shareholders. So what is the incentive point to "stock-pile" this stock.

Posted by benson911 > 2012-08-29 23:55 | Report Abuse

Genting SP got lot of cash, they can buy great business much more easier.

Posted by pyramidpoh > 2012-09-02 03:03 | Report Abuse

I agree to stephen lee comment.Be patient and wait.

Posted by benson911 > 2012-09-19 20:46 | Report Abuse

Genting will give up echo stake,is it a good move?

Posted by Trader Hub > 2012-09-19 23:11 | Report Abuse

It is too much trouble to handle issues with shareholder conflicts in Australia. Better use the cash to fund other expansion plan in US and UK.

=================
SYDNEY (Sept 19): Southeast Asian gambling group Genting is looking to cut its near 10% stake in Australia's Echo Entertainment, offering 39.6 million shares through broker Citigroup, sources said on Wednesday.

Malaysian-based Genting Group through its subsidiaries in Singapore and Hong Kong built its stake in Echo, the owner of the only casino in Sydney, earlier this year and had sought regulatory approval to increase its holding.

Genting was looking to sell the shares, equal to about 4.8 percent of Echo, at A$3.99 (RM12.77) per share, a 2.7% discount to the closing price of A$4.10, three sources with knowledge of the sale said. The stake is worth around A$158 million.

A Citigroup spokeswoman declined to comment while Echo was not immediately available to comment. — Reuters

Posted by benson911 > 2012-10-08 21:27 | Report Abuse

Why keep dropping?

Posted by Ben Gan > 2012-10-18 14:06 | Report Abuse

Check the CEO's fee before you buy. Understand he is the best-paid CEO in the world. What about the minority shareholders? Any dividend? Get your facts right; will save you a lot of pain.

Posted by Stephen Lee > 2012-10-31 03:42 | Report Abuse

Now is the time....slowly collecting Genting SP for the Christmas and New Year run up .....cherios and Gut Luck

Posted by alexchong8 > 2012-11-02 09:45 | Report Abuse

GenSP must improve dividend policy to facilitate accordingly a decent return to minority shareholders.

Posted by tigerroar > 2012-11-06 11:01 | Report Abuse

time to collect some... 1.30 good price?

Posted by stockmarketmindgames > 2012-11-06 23:44 | Report Abuse

Genting doesnt look good..

Posted by scimitar > 2012-11-07 01:37 | Report Abuse

Yes... stockmarketmindgames is right! It is not good at all.. Better to look at other stock...

Posted by Kl Vin > 2012-11-07 09:46 | Report Abuse

Doesnt look good...doesnt mean look for other counter,,,
Collect on weakness..

Posted by benson911 > 2012-11-07 13:34 | Report Abuse

Buy at 1.4, drop drop drop until now, should i average down my price? Plan to enter a bit few drop to 1.2.

Posted by Kl Vin > 2012-11-07 16:15 | Report Abuse

I enter at 1.28... :)

Posted by stockmarketmindgames > 2012-11-07 19:31 | Report Abuse

no averaging

Posted by scimitar > 2012-11-07 19:34 | Report Abuse

you are right... averaging will get you nowhere, unless you know what you are doing...

Posted by stockmarketmindgames > 2012-11-07 19:42 | Report Abuse

learn to take loss and move on

Posted by scimitar > 2012-11-07 19:44 | Report Abuse

Ronald, you have learn the skill.. but to other is not easy to do... from Gordon!

Posted by destiney > 2012-11-07 22:00 | Report Abuse

it is expecting result on 12 nov..so i guess the result may not be that good...

Posted by Stephen Lee > 2012-11-08 02:08 | Report Abuse

Genting and GENM posed for the run up at KLSE. For you info only

Posted by tigerroar > 2012-11-08 10:42 | Report Abuse

Genting, GenM and GenP are on downside in Bursa Msia, due be partially due to DJI.

Posted by benson911 > 2012-11-12 17:33 | Report Abuse

How the result today? Guess in red?

Posted by benson911 > 2012-11-12 18:40 | Report Abuse

http://www.themalaysianinsider.com/business/article/genting-singapore-q3-core-earnings-fall-19pc-in-line-with-estimates/

Posted by Kl Vin > 2012-11-12 19:36 | Report Abuse

fall 19pc...not that bad anyway..

Posted by Stephen Lee > 2012-11-13 00:19 | Report Abuse

tigerroar...pls get the facts correct as Genting and GenM as poise to run for the coming Christmas angpow. Genting and GenM are Bursa Index Stocks and can watch carefully how Genting push up and down within a fews days. Genting HK is aready up in HK. Cherios...Happy gambling but please do not get your finger burn't.

Posted by benson911 > 2012-11-14 20:23 | Report Abuse

Hi folks, is it time to buy genting sg now, price getting cheaper?

Posted by jlrh8122 > 2012-11-14 20:32 | Report Abuse

Can start picking ard

Posted by moven00 > 2012-11-15 00:20 | Report Abuse

Not yet....


I was make to look like a fool few months back when I sold my Genting SP at 1.335.....small profit.

Then when I revisit this counter....hah....now at 1.20 still not low enough.

As I said earlier....its a downtrend shares... will comeback if the price falls below S$1.00

Posted by Stephen Lee > 2012-11-15 03:24 | Report Abuse

For you info...please go to Genting Spore Casino or Genting Malaysia now and a week before Christmas or CNY and you will surprise to see the crowds contributing to Genting Malaysia/Singapore coffers.... No need to guess as Seeing is believing.....

Posted by Kl Vin > 2012-11-15 11:12 | Report Abuse

For my Info ~ I just buy on Good Company not on the share price ~~
The price keep swinging down will effect to those contra guy or unpatient (short term)BUT wont effect on long term investor ~
For me..I'll keep collecting if go lower and lower...
Myself still have some shares at $0.80 ~
Collect It when everyone call for "SELL"
When the price shooting up again to RM1.80 ~
They wont shout "NOW IS THE TIME TO BUY"

Posted by benson911 > 2012-11-15 11:46 | Report Abuse

Hi Kl Vin, mind to share ur average price and when u plan to enter? Mine average price stil $1.4. Thx a lot.

Posted by Kl Vin > 2012-11-15 13:02 | Report Abuse

My average price right now is $1.18 ~
Nobody wont know where's the bottom at!!
But It seem the price drop from $1.75 ~And 8th day straight dropping ~~
I believe it will rebound very soon ~ Heart Must Be Steady !!
Dont keep track your counter ever min... Investor wont bother daily prices... Look for long term growth ~
I will collect at below $1.15 ~ But I know is Impossible ! :D
Myself like to buy when reseacher giving advice to "SELL" and..
BAD NEWS ALWAYS ARE GOOD FOR INVESTOR !! :)