i queue @ 2.60 dont know can be done by today or not...

At least RESORTS will try to squeeze some juice out to breakeven point before selling the business. Everyone will try to make money from investing.
Just hope for the best.

This post has been edited by cliffang83: May 28 2009, 04:35 PM

i think TM has long term potentials...

only problem is one must have:
1. freaking super patience to play this counter
2. nerves of steel
3. and good holding power.

I no luck la, meet my q at 1.330 then 10 mins drop 1.300

drop somemoaaaarrr, market oversold, then we can hope for a rebound.

Suits me lo. Since I dun like to speculate, and I like company that do monopoly business. After I buy a lot at less than RM2.50, let see TM at RM10 + 10% div yield
LOlz

keep dropping... faster drop...

the market going to be over sold soon i think it hase been 3 day red hehehe

With CI near -10...
RESORTS is still standing

manyak big appetite, lol

TM just gave capital repayment, do u guys think he could be generous in his dividend anymore? like Jtinter case.

I think if monopoly business also will fail, they might as well go jump building

I'm worried genting and resort might not be the one purchasing MGM. The recent shares transaction (sell) by Uncle Lim is v dodgy. I could nt sleep all evening and night thinking about it.

Please refer to http://forum.lowyat.net/topic/610474/+1100

This is just my theory. I could be very wrong. Also today the edge published roughly the same tots as mine, by this guy called Ang Kok Heng, who is chief investment officer at Phillip Capital Management, who wrote in Bloomberg "It's not easy for Genting or Resorts to take over MGM Mirage's venture in Macau because of their investment in Singapore. The Singapore Government may not agree, so the family has to come in on their own."

I've changed my entry price for genting and resorts following the date before the announcement of the credit note to MGM by Genting and Resorts, as I believe a lot of ppl speculated on this share hoping for the acquisition. If Uncle Lim really underhandedly buys MGM privately, I know the share price will jump off a cliff.

Again, I and Mr Ang Kok Heng could be wrong.

which counter TGOFF??

jtinter is probably a different case all together, with all its assets paid up and loyal customers (even with increasing sin tax annual ritual)..

Chances are Jtinter can afford to give out regular cap repayment (perhaps every 3 years), dvidend payment probably every half annually (mind u the dividend is no small amt as well).

TM's cap repayment is perhaps a one of event which we probably won't see anytime soon...

thought that can throw LIONDIV and use the $ to hold TM but still holding a lot.. now keep dropping 0.605

TM can go up but not in near short term.

yea lo

+1...

We'll have to closely monitor the news then.
Btw, RESORTS/GENTING is still a profitable company in M'sia, isn't it?

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Added on May 28, 2009, 4:45 pm+2

This post has been edited by cliffang83: May 28 2009, 04:45 PM

RESORT big fat zero debt, with HUGE reserves. If wasnt for its star cruise impairment, net profit is actually up 3%

ASTRO is better than TM right now..

3 days green, from 2.71-3.00