Gensp good results leh... But general market trend looks bad for tomorrow

After the good report comes out, GenSP is dropping....
Buy on rumours, sell on news...

lately not much ppl interested in SG threads........ frequent posting by ling and ronn only ...... time to hibernate ?

Actually this is strange. I didn't hear any rumors of good results...

Bcos lately my call hard to earn money Ma... No one wants to listen to bad tips

lol..looks like very less members here investing in Singapore stocks. Nevermine, let's keep it update for sharing purpose.

And GenSP got hammered badly, down 7 cents at closing, what a bad day.

because of the currency was appreaciating....... and brokers fees high compare to bursa ......

anyway market risky at this moment leh... best stay sidelines for now.

Think about SIA - $1.20 dividend to be paid in August. I am also a reader, but normally reading silently only.

When is the ex-date bro? Worth to buy and keep until ex-date?

Singapore 1st qtr 22% GDP growth... Good news for today

After ex-date, may fall by the same amount or perhaps even more, for SIA still does not look too bright at the moment, because of fuel price uncertainties. You must continue to hold... but try attending the AGM, quite nice.

For Ex-Date of Dividend Corporate Actions, see here : http://www.sgx.com/wps/portal/marketplace/...orporate_action

Better to provide the above than to just give the date to you, guiding you on "how to fish instead of just giving you the fish".

hi, sorry to interrupt, anyone holding gentingsp and any news bout it?

Agree that airline company doesnt looks bright at this moment especially with such escalating fuel price. For medium to long term, I think it can hit $18 but need to have holding power. Don't really mind to keep some for the dividend, if there's a huge dropped then believe times to go in.

Dunno why this one being hammered down even with good results... too unpredictable but not playing for now athough current level quite attractive...

Just keep holding on to Genting SP. Think of mid and long term.

http://denzukefinance.blogspot.com/2010/10...g-berhad-2.html

http://online.wsj.com/article/SB1000142405...3059730688.html

maybe this one got a bit impact? plus some small talk that regulators could clamp down on certain rules for the casinos here...

thanks for the feedback wlcling and denzuke76
i'm thinking of holding it long term too, but there's rumours around my area that many are selling it off
i search for news and stuffs but nothing suspicious so i thought of asking lyn members for some info.
thanks alot!

In 1970s, there was rumour and sell off of Genting Malaysia because after 3 years only the road into the mountain area was completed. Also in 1987, 1991, 1995, 1997.

There's a 10 year duopoly license for RWS and MBS. Think of that time horizon.

I can't really recall how much Digi started, but now it's over 25 RM.
Or BAT (tobacco monopoly).

Someone told me what if they had bought a counter at 10 RM, that currently was trading at over 20 RM.
My thoughts were it's same with buying AirAsia when it was 1.20 RM just buy 10 times, now it doubled too at over 2.8 RM.

You want to be entrenched in the position long before others. Not when it's already 3 RM for AirAsia, then busy reading or contemplating "should I go in for AirAsia at 3.10 RM or 3.05 RM?"

So if Genting Singapore is at 2 SGD, about 4.40 RM, you can benchmark it with international casino and resort brands. Think Galaxy, Wynn, Crown Casino. Then see how they fare the past 3, 5, 10 years.

http://denzukefinance.blogspot.com/2010/09...et-price-4.html

Relatively lower corp tax for casino operators in Singapore compared to Macau or any other locations worldwide.
http://denzukefinance.blogspot.com/2010/10...pore-means.html

Short term target price for Genting Singapore
http://asianstockresearch.blogspot.com/201...ice-230-by.html

how is the brokerage fees calculated to buy Singaporean stocks? will be buying through OSK.