STOCK MARKET DISCUSSION V73, Blood Bath is Refreshing!
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 Feb 22 2011, 10:45 PM
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#1
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Senior Member
1,162 posts Joined: Dec 2006  
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Genting Singapore posted 4th Qtr loss. I think it is due to disposal of Genting UK earlier this year. Overall, profitable year according to the news. Genting Plantation, meanwhile is reporting profit.
http://www.btimes.com.my/Current_News/BTIM...icle/index_html http://www.btimes.com.my/Current_News/BTIM...icle/index_html |
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Feb 22 2011, 11:15 PM
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#2
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Senior Member
1,162 posts Joined: Dec 2006
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QUOTE(teehk_tee @ Feb 22 2011, 11:04 PM) Full-year net income was at S$37.8 million, missing the S$615 million average estimate of 21 analysts surveyed by Bloomberg. -- Bloomberg My fingers crossed. Genting will lead Top Losers tomorrow and bring CI down with it, since it's treated as a proxy stock to GenS . imo.    Actually the revenue is even higher than Marina Sand Bay. Sure enough, tomorrow will be blood bath for Genting since ppl is expecting good results. http://www.channelnewsasia.com/stories/sin...1112356/1/.html This post has been edited by staind: Feb 22 2011, 11:17 PM |
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Feb 22 2011, 11:38 PM
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#3
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Senior Member
1,162 posts Joined: Dec 2006
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QUOTE(Superman7 @ Feb 22 2011, 11:29 PM) Get your bullets ready.. Get your bullet ready to support this counter?   |
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Feb 23 2011, 09:28 PM
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#4
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Senior Member
1,162 posts Joined: Dec 2006
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Axiata's impairment is long expected since last year. If I am not mistaken, OSK did mentioned in one of their research paper that they were expecting it to be announced in their 3Qtr results last year. Somehow, it was delayed to 4Qtr.
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