Watch out for it to clear 87 cents soon and fly higher.
Looking gd to resume uptrend mode .
Genting SP looking good to head higher to re-visit 87 cents soon.http://sporeshare.blog spot.sg/2016/03/genting-sing.html
Wah ... this one still have not dropped, have to wait long long abit more ...
But then it is enjoyable to hold cash and wait for stock to drop, wait long long also OK
On the opposite,
it is frustrating to hold stock and wait for stock to up, wait long long can die
Looking gd to resume uptrend mode .
Genting SP looking good to head higher to re-visit 87 cents soon.http://sporeshare.blog spot.sg/2016/03/genting-sing.html
everything running up for over optimistic..
me too
wait first.. xpensive at 100+ PE
Others like SingTel, YZJShip, OCBC, have dropped to more comfortable trading range, but this one still high at above 80c.So still waiting for this to drop ... below 75 than can trade below 70 even better 🙂 just need some bad news or say bad result coming soon in may2016 will do ... mean while can trade others ... there are many fishes in SGX ... wait for this to drop NO NEED MONEY want ...
Others like SingTel, YZJShip, OCBC, have dropped to more comfortable trading range, but this one still high at above 80c.
So still waiting for this to drop ... below 75 than can trade below 70 even better 🙂 just need some bad news or say bad result coming soon in may2016 will do ... mean while can trade others ... there are many fishes in SGX ... wait for this to drop NO NEED MONEY want ...
gaming for casino sure win ratio..that why its a huge drag
I have looked at Sands China, MGM China, SJM, Melco Crown annual reports. Although these are Macau based and cant really compare with Genting Sg, Genting Sg have a plus point in that it have a higher portion of profits from non-gaming sources due to the Universal Studios it operates. However, the lion share of rev which is from gaming is a huge drag
elaborate more on the no of shares ?
does 4 bio shares or 12 bio shares matter?
Actually if you discount the fact that they have 12 billion outstanding shares issued (minus a bit because of recent share buy backs) and the fact that they are essentially just " shuffling cards" , it is seriously a very legit brick and butter business with good gated attractions and great hotels (compared to say a manufacturing business). If there were only say 4 billion outstanding shares issued, would you buy this company?
ya agreed but the margin for gaming is high compared to non-gamingnon-gaming is flat for the year
gaming went down 21%
overall net profit went down 70%...
I have looked at Sands China, MGM China, SJM, Melco Crown annual reports. Although these are Macau based and cant really compare with Genting Sg, Genting Sg have a plus point in that it have a higher portion of profits from non-gaming sources due to the Universal Studios it operates. However, the lion share of rev which is from gaming is a huge drag
Actually if you discount the fact that they have 12 billion outstanding shares issued (minus a bit because of recent share buy backs) and the fact that they are essentially just " shuffling cards" , it is seriously a very legit brick and butter business with good gated attractions and great hotels (compared to say a manufacturing business). If there were only say 4 billion outstanding shares issued, would you buy this company?
ya agreed but the margin for gaming is high compared to non-gamingnon-gaming is flat for the year
gaming went down 21%
overall net profit went down 70%...
Apparently non-gaming attractions contributed to 27% of their revenue. Not too much but not too shabby either. Their attractions attracted 7 million visitors which accounted for one third of all singapore gated attractions. Not too shabby either.
Genting to drop soon..based on trend
ya agreed but the margin for gaming is high compared to non-gaming
non-gaming is flat for the year
gaming went down 21%
overall net profit went down 70%...
Apparently non-gaming attractions contributed to 27% of their revenue. Not too much but not too shabby either. Their attractions attracted 7 million visitors which accounted for one third of all singapore gated attractions. Not too shabby either.
USS don' t contribute much to the revenue.Its the china high rollers that contribute .. not much left after President Xi' s purge...
Its good that they spend, to boost up singapore economy..lol...
Apparently non-gaming attractions contributed to 27% of their revenue. Not too much but not too shabby either. Their attractions attracted 7 million visitors which accounted for one third of all singapore gated attractions. Not too shabby either.
USS don' t contribute much to the revenue.Its the china high rollers that contribute .. not much left after President Xi' s purge...
Its good that they spend, to boost up singapore economy..lol...
FYI - am here and RWS is rolling in moolah at USS today - huge crowds, Long queues for rides - lots of people happily spending moolah $$ - not at all a dire situation..
looking good to head higher.
Gaining strength .Heading higher
Genting SP looking good to head higher to re-visit 87 cents soon.http://sporeshare.blog spot.sg/2016/03/genting-sing.html
Time to short Genting...
