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Genting SP Next Move

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(@alan5793)
Posts: 473
Reputable Member
 

Yes, is quite confirmed Financial Crisis would burst on Sometimes Sept 2015... Most of the IFMs already migrated back from Emerging market.. Plaese ask for Foreign Funds flow out details from your Broker agnecy... They started since this April 2015...

Posted: August 14, 2015 12:17 pm
Posted by: @earlybird14

I target for long term at 55, 60, 65 and 70 and try to maintain average between 60 to 62 . Market is very weak and uncertain and no sign of recovery for the gambling revenue in global market(basically all rely on china people).
Posted: August 14, 2015 11:55 am
Posted by: @sosobin

Hi, currently my average which is $1.20 should i continue load more when around this price $0.80 🙂

Bcoz this counter which is one of my broker intro to me can try to hold for long term 🙁


 
Posted : 14/08/2015 5:21 am
(@earlybird14)
Posts: 7677
Illustrious Member
 

I target for long term at 55, 60, 65 and 70 and try to maintain average between 60 to 62 . Market is very weak and uncertain and no sign of recovery for the gambling revenue in global market(basically all rely on china people).

Posted: August 14, 2015 11:55 am
Posted by: @sosobin

Hi, currently my average which is $1.20 should i continue load more when around this price $0.80 🙂

Bcoz this counter which is one of my broker intro to me can try to hold for long term 🙁

Posted: August 14, 2015 10:15 am
Posted by: @domanic

All good.. I really appreciate your sharing genuinely.

Cheers


 
Posted : 14/08/2015 4:17 am
(@lighter87)
Posts: 403
Reputable Member
 

should hold first, may drop further. recession has just begun. Oil glut going to last till 2016 year end .China bubble burst, whole world economy not doing good where got money go gamble.

Posted: August 14, 2015 11:55 am
Posted by: @sosobin

Hi, currently my average which is $1.20 should i continue load more when around this price $0.80 🙂

Bcoz this counter which is one of my broker intro to me can try to hold for long term 🙁

Posted: August 14, 2015 10:15 am
Posted by: @domanic

All good.. I really appreciate your sharing genuinely.

Cheers


 
Posted : 14/08/2015 4:04 am
(@demostation)
Posts: 3109
Famed Member
 

Got bullets, sure can.

Posted: August 14, 2015 11:55 am
Posted by: @sosobin

Hi, currently my average which is $1.20 should i continue load more when around this price $0.80 🙂

Bcoz this counter which is one of my broker intro to me can try to hold for long term 🙁

Posted: August 14, 2015 10:15 am
Posted by: @domanic

All good.. I really appreciate your sharing genuinely.

Cheers


 
Posted : 14/08/2015 3:59 am
(@sosobin)
Posts: 88
Trusted Member
 

Hi, currently my average which is $1.20 should i continue load more when around this price $0.80 🙂

Bcoz this counter which is one of my broker intro to me can try to hold for long term 🙁

Posted: August 14, 2015 10:15 am
Posted by: @domanic

All good.. I really appreciate your sharing genuinely.

Cheers

Posted: August 14, 2015 10:14 am
Posted by: @earlybird14

Bro, this is not the issue of rich or not rich.

Anyway, my purpose is just sharing, sometimes, I have to admit, I am too offensive.

Bro, Good luck.


 
Posted : 14/08/2015 3:55 am
(@domanic)
Posts: 1667
Noble Member
 

All good.. I really appreciate your sharing genuinely.

Cheers

Posted: August 14, 2015 10:14 am
Posted by: @earlybird14

Bro, this is not the issue of rich or not rich.

Anyway, my purpose is just sharing, sometimes, I have to admit, I am too offensive.

Bro, Good luck.

Posted: August 14, 2015 10:06 am
Posted by: @domanic

I' m not as rich as you bro.. but managed to survive for many years so don' t worry about me .. Cheers currently only small position everywhere 90% cash.

 
Posted : 14/08/2015 2:15 am
(@earlybird14)
Posts: 7677
Illustrious Member
 

Bro, this is not the issue of rich or not rich.

Anyway, my purpose is just sharing, sometimes, I have to admit, I am too offensive.

Bro, Good luck.

Posted: August 14, 2015 10:06 am
Posted by: @domanic

I' m not as rich as you bro.. but managed to survive for many years so don' t worry about me .. Cheers currently only small position everywhere 90% cash.
Posted: August 14, 2015 10:05 am
Posted by: @earlybird14

Hahaha, funny.

Other counters? which one is hotter than Genting for short term players who are playing with CFD today?

Penny Stock? no thank for me, I have no clue at all for their movement, This is same as playing a blackjack with a banker which he can see all the cards, but you can' t. How you are going to earn some money from it?


 
Posted : 14/08/2015 2:14 am
(@domanic)
Posts: 1667
Noble Member
 

I' m not as rich as you bro.. but managed to survive for many years so don' t worry about me .. Cheers currently only small position everywhere 90% cash.

Posted: August 14, 2015 10:05 am
Posted by: @earlybird14

Hahaha, funny.

Other counters? which one is hotter than Genting for short term players who are playing with CFD today?

Penny Stock? no thank for me, I have no clue at all for their movement, This is same as playing a blackjack with a banker which he can see all the cards, but you can' t. How you are going to earn some money from it?

Posted: August 14, 2015 9:58 am
Posted by: @domanic

all the best yes turning my attention to other counters.. market quiet.. might take a break

 
Posted : 14/08/2015 2:06 am
(@earlybird14)
Posts: 7677
Illustrious Member
 

Hahaha, funny.

Other counters? which one is hotter than Genting for short term players who are playing with CFD today?

Penny Stock? no thank for me, I have no clue at all for their movement, This is same as playing a blackjack with a banker which he can see all the cards, but you can' t. How you are going to earn some money from it?

Posted: August 14, 2015 9:58 am
Posted by: @domanic

all the best yes turning my attention to other counters.. market quiet.. might take a break
Posted: August 14, 2015 9:56 am
Posted by: @earlybird14

without filling the gap, it won' t be down further since share buy back is there and Genting don' t have anything, they have cash.

Although company is making loss but actually the result is close to breakeven cost. Bear in mind, in term of cash flow issue, Genting is low debt, low debt result less interest payment, good for cash flow.

What i am trying to tell you is there are more thing to judge a stock up or down, instead of purely judging from the loss or earn.

Anyway, process in filling the gap, want it down further, wait for the gap to fill first. Want it up further and back to 90 or 1 dollars, in short term this is not possible unless Genting Management really launch 10 to 20% share buy back which is using about 1 billion cash to do it.

If I am Lim, I will do it when it is 60 cents. WHy not? you are the one want to sell at low, why they want to rescue those investors who has lose faith to him.

Good luck, I am enjoying the gap to be fill to 85 to 87 and hope it can give me some surprise to 90.


 
Posted : 14/08/2015 2:05 am
(@domanic)
Posts: 1667
Noble Member
 

Maybe we should compliment the management for being the best firefighters in SGX board. Noble etc all failed..

 
Posted : 14/08/2015 2:01 am
(@domanic)
Posts: 1667
Noble Member
 

all the best yes turning my attention to other counters.. market quiet.. might take a break

Posted: August 14, 2015 9:56 am
Posted by: @earlybird14

without filling the gap, it won' t be down further since share buy back is there and Genting don' t have anything, they have cash.

Although company is making loss but actually the result is close to breakeven cost. Bear in mind, in term of cash flow issue, Genting is low debt, low debt result less interest payment, good for cash flow.

What i am trying to tell you is there are more thing to judge a stock up or down, instead of purely judging from the loss or earn.

Anyway, process in filling the gap, want it down further, wait for the gap to fill first. Want it up further and back to 90 or 1 dollars, in short term this is not possible unless Genting Management really launch 10 to 20% share buy back which is using about 1 billion cash to do it.

If I am Lim, I will do it when it is 60 cents. WHy not? you are the one want to sell at low, why they want to rescue those investors who has lose faith to him.

Good luck, I am enjoying the gap to be fill to 85 to 87 and hope it can give me some surprise to 90.

Posted: August 14, 2015 9:48 am
Posted by: @earlybird14

Casino business is not that kind of business that you spend more money in the business it can improve, it is purely a luxury type of business, market boom, it boom, market down, it down. Market not badly crash but affected by China policy and weaker economic. It just take time for all these to pass.

4.2billion of cash. can buy 50% of share at current price. It is a lot of money. Genting daily average trading volume is 17M only 0.142%, to spend all the 4.2billion, it take 352 days to buy the 50% of share. So, share buy back launch will only affect the cash flow a little only.

Genting has gap to fill before next down if the business is bad continually. If the gap is filling fast, 85 to 87 is the level it will fill, otherwise, it would take weeks to fill between 78 to 81. So buy at 79 is a good bargain for whoever expect a 5 to 7 cents gain.

Short it? you must find a good reason from now on. May be expect market crash?


 
Posted : 14/08/2015 1:58 am
(@earlybird14)
Posts: 7677
Illustrious Member
 

Never ask you to buy and hold. Just buy for the technical bounce. 5 to 7 cents? no enough for you? but good for me.

Posted: August 14, 2015 9:55 am
Posted by: @domanic

Won' t short it now .. I can wait .. But buying it is definitely out of the picture.

Cheers

 
Posted : 14/08/2015 1:57 am
(@earlybird14)
Posts: 7677
Illustrious Member
 

without filling the gap, it won' t be down further since share buy back is there and Genting don' t have anything, they have cash.

Although company is making loss but actually the result is close to breakeven cost. Bear in mind, in term of cash flow issue, Genting is low debt, low debt result less interest payment, good for cash flow.

What i am trying to tell you is there are more thing to judge a stock up or down, instead of purely judging from the loss or earn.

Anyway, process in filling the gap, want it down further, wait for the gap to fill first. Want it up further and back to 90 or 1 dollars, in short term this is not possible unless Genting Management really launch 10 to 20% share buy back which is using about 1 billion cash to do it.

If I am Lim, I will do it when it is 60 cents. WHy not? you are the one want to sell at low, why they want to rescue those investors who has lose faith to him.

Good luck, I am enjoying the gap to be fill to 85 to 87 and hope it can give me some surprise to 90.

Posted: August 14, 2015 9:48 am
Posted by: @earlybird14

Casino business is not that kind of business that you spend more money in the business it can improve, it is purely a luxury type of business, market boom, it boom, market down, it down. Market not badly crash but affected by China policy and weaker economic. It just take time for all these to pass.

4.2billion of cash. can buy 50% of share at current price. It is a lot of money. Genting daily average trading volume is 17M only 0.142%, to spend all the 4.2billion, it take 352 days to buy the 50% of share. So, share buy back launch will only affect the cash flow a little only.

Genting has gap to fill before next down if the business is bad continually. If the gap is filling fast, 85 to 87 is the level it will fill, otherwise, it would take weeks to fill between 78 to 81. So buy at 79 is a good bargain for whoever expect a 5 to 7 cents gain.

Short it? you must find a good reason from now on. May be expect market crash?

Posted: August 14, 2015 9:31 am
Posted by: @domanic

loss making still spend cash on buying back shares not core business?

 
Posted : 14/08/2015 1:56 am
(@domanic)
Posts: 1667
Noble Member
 

Won' t short it now .. I can wait .. But buying it is definitely out of the picture.

Cheers

 
Posted : 14/08/2015 1:55 am
(@earlybird14)
Posts: 7677
Illustrious Member
 

Casino business is not that kind of business that you spend more money in the business it can improve, it is purely a luxury type of business, market boom, it boom, market down, it down. Market not badly crash but affected by China policy and weaker economic. It just take time for all these to pass.

4.2billion of cash. can buy 50% of share at current price. It is a lot of money. Genting daily average trading volume is 17M only 0.142%, to spend all the 4.2billion, it take 352 days to buy the 50% of share. So, share buy back launch will only affect the cash flow a little only.

Genting has gap to fill before next down if the business is bad continually. If the gap is filling fast, 85 to 87 is the level it will fill, otherwise, it would take weeks to fill between 78 to 81. So buy at 79 is a good bargain for whoever expect a 5 to 7 cents gain.

Short it? you must find a good reason from now on. May be expect market crash?

Posted: August 14, 2015 9:31 am
Posted by: @domanic

loss making still spend cash on buying back shares not core business?
Posted: August 14, 2015 9:23 am
Posted by: @earlybird14

So long as 79 can be supported, expect to see 85 to 87 next week if share buy back launch from today.

 
Posted : 14/08/2015 1:48 am
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