All sifus.....
I am a sniper with limited bullets, not a delta force with machine gun...So If I have to choose between Resort & Genting, what would you say ? Which counter gains more benifits from Singapore Sentosa Casino business ? Since Genting owns Asiatic plantation counter, and we all know that CPO is falling, guess its earning will be affected by Asiatic but Resort will not be ?
Heard Genting gives vouchers to its share holders ? What vouchers they are ? Resort no voucher ah ? My greedy fox tail comes out already...

This post has been edited by rayloo: Oct 9 2008, 10:32 PM

If I have to choose between Genting and Resort, I personally find that Genting is more risky at this moment. Reasons below ;


Genting formed by Asiatic Development, Resort World and Genting International.

1) Since plantation field is not doing good now when Palm Oil price is declining hence the reduce of profit will be reflected in 2008 financial report earning.
2) Genting International is having lost in UK casino and Sentosa. Yet Singapore put restrictions on local people on gambling, so the gamblers are mainly foreigners. But most visitors in Singapore are business related purpose, so I doubt they will put much time in casino. Further more the currency is higher in the region. Wouldn't it be Genting Malaysia more attractive ?
3) Seems the only subsidiary that making profit is Resort World, however Genting Group holds 48.2% only...
4) Higher debt comparing to Resort World that is none.

I finds that Resort World would suffer lesser impact from the global downtrend because more than 70% revenue is from local visitors and day trippers. What would you all sifus say ?
BTW, that free vouchers are given in every year ah ?

This post has been edited by rayloo: Oct 12 2008, 12:02 PM

I believe Genting can go lower,due to its plantation and UK casino performance. Maybe after the Finacial Year Report.
Genting won't give 30 cents dividend, last year was special bonus for Lim's demise.

What was your price ?

Ya, average down is your better choice.

RM7 shall be the fair value for Genting at the moment but no safe margin. However RM4 is the results of panic sales like Supermarket sales. Buy low sell high is applicable at this moment, however no one can be sure how low the price can go...but if look for long term investment then short term price fluctuation shall only give opportunites to averaging.

I bought some resorts at the price I wanted last week, when everyday price goes lower I feel more happy because my safe margin can be stronger when I can average down my cost.

This post has been edited by rayloo: Oct 29 2008, 06:05 PM

Thanks for the info dude.

Genting Singapore or Genting International is purely casino business in Singapore and UK, still running at lost. While our Genting share here diversified in few business include plantation, power, casino, resorts and others.......

It was a hoax, been in the internet for many years.

4.2 Cents per share.
1 Lot has 100 shares, if you buy lots than you have 4.2cents x 100 x 3 = RM4.2 x 3 = RM12.60.