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Genting Singapore.......

Merl Haggard

Alfrescian (Inf)
Asset
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"....



genting.png



How were you able to buy Gentings S'pore under a Dollar last year?
 

Merl Haggard

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.


Gentings S'pore will fall further.

The former President of RWS, Mabel Lee granted too much credits to PRC players to gamble and RWS is unable to recover about $1b of accumulated debts.

President Xi Jinping vows to fight 'tigers' and 'flies' in his anti-corruption drive, all high-stakes & mass market PRC players are avoiding casinos in Macao, S'pore, Australia & Vegas.

PRC players are discreetly flocking to casinos in Cambodia to gamble.
 

lifeafter41

Alfrescian (Inf)
Asset
Gentings S'pore will fall further.

The former President of RWS, Mabel Lee granted too much credits to PRC players to gamble and RWS is unable to recover about $1b of accumulated debts.

President Xi Jinping vows to fight 'tigers' and 'flies' in his anti-corruption drive, all high-stakes & mass market PRC players are avoiding casinos in Macao, S'pore, Australia & Vegas.

PRC players are discreetly flocking to casinos in Cambodia to gamble.

Merl, just took a quick glance on the report, came across this
Fair value (loss)/gain on derivative financial instruments
Net exchange gain
(76,277) (35) (9,246) (118,010)
119,333 1,049

Was wondering what it meant by fair value loss/gain on derivative financial instruments.
Negative of 118,010,000
 

GG789

Alfrescian
Loyal
Ezion sued in Singapore by partner over Maersk deal plot claim - See more at: http://www.straitstimes.com/news/bu...deal-plot-claim-20150518#sthash.LfYDPTtB.dpuf

SINGAPORE (Bloomberg) - Mainboard-listed Ezion Holdings Ltd. was sued by a partner which accused the offshore service provider of a conspiracy to induce an A.P. Moeller-Maersk A/S unit to breach charter agreements.

Ezion created the impression Atlantic Marine Services BV, which it had agreed to charter oil rigs with to Maersk Oil, was in financial trouble, the Amsterdam-based company claimed in a lawsuit filed last month in the Singapore High Court. A closed hearing is scheduled for June 2.

Atlantic Marine said in the suit it agreed to pay inflated charter rates to Ezion for the rig services provided to Maersk Oil to help the Singapore company secure bigger loans.

The claims are frivolous and without merit, Ezion's lawyer Peter Doraisamy said.


- See more at: http://www.straitstimes.com/news/bu...deal-plot-claim-20150518#sthash.LfYDPTtB.dpuf

i hope u dun have ezion
 

CoffeeAhSoh

Alfrescian
Loyal
Gentings S'pore will fall further.

The former President of RWS, Mabel Lee granted too much credits to PRC players to gamble and RWS is unable to recover about $1b of accumulated debts.

President Xi Jinping vows to fight 'tigers' and 'flies' in his anti-corruption drive, all high-stakes & mass market PRC players are avoiding casinos in Macao, S'pore, Australia & Vegas.

PRC players are discreetly flocking to casinos in Cambodia to gamble.



0.90 cents support Finally dropped.


now only 0.88 cents .


http://www.shareinvestor.com/prices/stock_prices.html
 

50000

Alfrescian
Loyal
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.

similar reason I avoid the hospital shares.....for the hospitals to report profits, they have to continue to up the fees.....
 
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