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Genting Singapore.......

lifeafter41

Alfrescian (Inf)
Asset
Genting Singapore reported its result yesterday, profit dropped almost 80%. No wonder genting share price dropped almost 6% or 6 cents.

Was thinking of buying genting perpetual shares that is paying 5.125%.
Or buying the mother share is better?. It close at 0.955 today.
 

TopSage

Alfrescian
Loyal
Genting Singapore reported its result yesterday, profit dropped almost 80%. No wonder genting share price dropped almost 6% or 6 cents.

Was thinking of buying genting perpetual shares that is paying 5.125%.
Or buying the mother share is better?. It close at 0.955 today.

Ask yourself this simple qn, after the poor results would the average investor and general public be buying or sellinv the stock? Just do the opposite.

Based on LVS results, the genting will do much better next quarter. There is a lot of flexibility in our accounting rules which is meant for annual reporting to choose which quarter to report and recognise certain type of revenues.

Once you understand these you will be a buyer when genting plunge yesterday....and the average imvestor is scared out of his wits would be selling.
 

theblackhole

Alfrescian (InfP)
Generous Asset
Genting Singapore reported its result yesterday, profit dropped almost 80%. No wonder genting share price dropped almost 6% or 6 cents.

Was thinking of buying genting perpetual shares that is paying 5.125%.
Or buying the mother share is better?. It close at 0.955 today.

inevitable
so many singaporeans gambled to death
now less and less gamblers left
mostly retirees all languishing as cleaners and McD uncles

casinos will close shop soon

or remove the levy on Singaporeans
let all the uncles and aunties go in and have a free spin and free drinks

Singapore rocks
 

theblackhole

Alfrescian (InfP)
Generous Asset
time to consolidate

still not too late

but hurry before the big clash

those got cash - get ready to buy buy buy
 

JohnTan

Alfrescian (InfP)
Generous Asset
I hope Genting Singapore's share price drops even further. I would love to accumulate a greater share in their hotel and entertainment assets.
 

halsey02

Alfrescian (Inf)
Asset
Genting Singapore reported its result yesterday, profit dropped almost 80%. No wonder genting share price dropped almost 6% or 6 cents.

Was thinking of buying genting perpetual shares that is paying 5.125%.
Or buying the mother share is better?. It close at 0.955 today.

Actually bought Genting Singapore last year, when it went under par($1), kept it for a while , monitored the price range & support level.....& sold it when it went way past par...made some money.

"sniff" around & ask.....before you buy....below $1, is good to buy...but, find out on "how low it will get"..before you 'sink your teeth in"....
 

shiokalingam

Alfrescian
Loyal
Genting Singapore reported its result yesterday, profit dropped almost 80%. No wonder genting share price dropped almost 6% or 6 cents.

Was thinking of buying genting perpetual shares that is paying 5.125%.
Or buying the mother share is better?. It close at 0.955 today.




the straits times
 

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Runifyouhaveto

Alfrescian
Loyal
I hope Genting Singapore's share price drops even further. I would love to accumulate a greater share in their hotel and entertainment assets.

We just want to make money, 我们只是求财
So, owning a gambling counter means it is inevitable for some families to be affected by our gains.
I am not a saint but i try a bit to avoid.
 

lifeafter41

Alfrescian (Inf)
Asset
inevitable
so many singaporeans gambled to death
now less and less gamblers left
mostly retirees all languishing as cleaners and McD uncles

casinos will close shop soon

or remove the levy on Singaporeans
let all the uncles and aunties go in and have a free spin and free drinks

Singapore rocks

Interesting point of view between theblackhole and top sage. Very differing indeed.
My thought is that probably the hotel and entertainment is doing not too bad. Only the casino side is not doing well. Mass market still maintaining but premium is going down. Matte is, is premium going to go up anytime soon.
 

Wunderfool

Alfrescian (Inf)
Asset
You don't buy when the valuation of a company is high... you buy when it is low. And it is only low when others are selling.

The question you need to find out is : Is the selling a temporary blip. Will it be down for the next 3 years ? If not , why not buy now for investment?
 

po2wq

Alfrescian (Inf)
Asset
kepcorp, sembcorp, sembmarine, m1, singtel, starhub, capitalan ... all got lower profits ... oni banks got haier ...

shows dat once gahmen stop bringing in ft's, sinkielan starts 2 fall ...
 

TopSage

Alfrescian
Loyal
Interesting point of view between theblackhole and top sage. Very differing indeed.
My thought is that probably the hotel and entertainment is doing not too bad. Only the casino side is not doing well. Mass market still maintaining but premium is going down. Matte is, is premium going to go up anytime soon.

Gambling is an addiction just like drugs...once LHL introduced casinos it is as good as introducing drugs like cocaine...some studies show that casini gambling even more addictive than deugs for somw people.

there are always new addicts it is never ending ....never ending stream of families destroyed
 

tanwahtiu

Alfrescian
Loyal
It works well for the Brit though monopolized drug trade. When the Brit is in it buy and keep

THE OPIUM MONOPOLY -- SINGAPORE

In January, 1917, we found ourselves at Singapore, a British dependency, situated at the end of the Malay Peninsula, and one of the greatest seaports of the Orient. We were stopping at the Hotel de l' Europe, a large and first class hotel. The first morning at breakfast, the waiter stood beside us, waiting for our order. He was a handsome young Malay, dressed in white linen clothes, and wearing a green jade bracelet on one wrist. We gave him our order and he did not move off. He continued to stand quietly beside our chairs, as in a trance. We repeated the order-one tea, one coffee, two papayas. He continued to stand still beside us, stupidly. Finally he went away. We waited for a long time and nothing happened. At last, after a long wait, he returned and set before us a teapot filled with hot water. Nothing else. We repeated again-tea, coffee, papayas. We said it two or three times. Then he went away and came back with some tea. We repeated again, coffee and fruit. Eventually he brought us some coffee. Finally, after many endeavors, we got the fruit. It all took a long time. We then began to realize that something was the matter with him. He could understand English well enough to know what orders we were giving him, but he seemed to forget as soon as he left our sight. We then realized that he was probably drugged. It was the same thing every day. In the morning he was stupid and dull, and could not remember what we told him. By evening his brain was clearer, and at dinner he could remember well enough. The effects of whatever he had been taking had apparently worn off during the day.

http://www.druglibrary.org/schaffer/history/om/om4.htm

Gambling is an addiction just like drugs...once LHL introduced casinos it is as good as introducing drugs like cocaine...some studies show that casini gambling even more addictive than deugs for somw people.

there are always new addicts it is never ending ....never ending stream of families destroyed
 

SgGoneWrong

Alfrescian (Inf)
Asset
Interesting point of view between theblackhole and top sage. Very differing indeed.
My thought is that probably the hotel and entertainment is doing not too bad. Only the casino side is not doing well. Mass market still maintaining but premium is going down. Matte is, is premium going to go up anytime soon.

Listen to Topsage for stocks picks will die pain pain. HIs prediction is as good as Temasek buys.
 

Leongsam

High Order Twit / Low SES subject
Admin
Asset
Gambling is an addiction just like drugs...once LHL introduced casinos it is as good as introducing drugs like cocaine...some studies show that casini gambling even more addictive than deugs for somw people.

there are always new addicts it is never ending ....never ending stream of families destroyed

That's a comforting thought. Thanks for the insight.
 
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