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post Mar 2 2008, 05:09 PM

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aiseh... I know I'm new here.. but anyhow, I want to share my bad luck...

my HKEX-C4 and HKEX-C5 drop like no tomorrow these days...

now is holding at 0.035 and 0.020 ...
tomorrow no eye see...
wu wu wu~~~
alivecmh
post Mar 2 2008, 07:02 PM

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stay away from hkex-cx whenever possible, the premium is sky high and it's mother share price is damn low. HK gov has made few B of $HK paper lost from investing into the mother share of hkex.

Just my 2 cents

This post has been edited by alivecmh: Mar 2 2008, 07:03 PM
keith_hjinhoh
post Mar 2 2008, 11:17 PM

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QUOTE(mlpk @ Mar 2 2008, 03:52 PM)
Not to be confident that their Casino in Singapore should be able to do well due to the following

1) Sand casino will be operating/opening earlier that Genting casino in sentosa (Profit will bound to drop due to diversion of tourist to new Sands casino).

2) Sand casino is in the main land. Location wise is near to the heart of singapore like changi airport and shopping complexes and flexible for tourist or near to their SG home.

3) Theme park will not see making profit due to highly recurring maintanance fee. eg HK Disney Land is making a loss indeed as reported.

4) Travelling is very inflexible and even longer to travel to sentosa compare to mainland Sand casino. alot Hidden cost for tourist. Competition.

5) Tourist/Gamblers nowadays were talking about flexibility and easy n convienance due to the hot wheather and climate changing.

6) China man company always is very stingy (when comes to $$). Just Formality for showing investor that the company is improving and changing but altitude and bad habits does not change overnight or even does change at all internally. Character of each person does not change and is born with it. 360 degree change is off the books.

7) Economy dampens after the election and interest on borrowing will burden the whole group for another 10 years again. Too heavy an investment is indirectly not good for the group when a recession returns worldwide and interest rates rise. history will indeed repeat again. All interest borrowing will increase and alot of hidden possibilities is bound to flop up soon.

8) No such thing is sure win and taking alot of risk were bound to in any investment. Greed will be the beginning of a down fall for any investor.

9) Always Mainland is more safety than island (Maybe tsunami will occur in island due to climate change)

10) Group with too huge of a diversity is not good sign for the company. alot of $$ involve and the return will take years/decades to recover. Difficult to manage and  alot of transparency behind. Gambling tax will increase from time to time.

just my 2 cents opinion
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1. Direct compare Sands with Genting sentosa is flawed. Both of them target different market segment. Entertainment and fun wise, Genting sentosa offers unbeatable experience (from the paper) compare to Sands.

2. Travel to sentosa is actually not inflexible. In fact, many singaporean and malaysian travel to sentosa just to have fun.

3. With the entertainment, Genting can secure customer for longer stay and ensure the children having fun in theme park and Adults spending their time either at theme park or casino. (They gain money as long as customer in their site)

4. Genting is rapidly expanding. I think Genting should cool down their investment before expanding again. Recent years, they've been rapidly expanding into UK, Macau, Singapore. All these investment cost billions and huge financing cost. Luckily Genting have the cash cow such as asiatic, genting to finance their rapid expanding.

5. Theme park alone is subject to seasons to generate revenue. However, having casino and theme park makes a preety good combination to draw attention of tourist as well as the local (singaporean) to take some rest. Furthermore, the HK disneyland do not seems to have good feedback. From what respondent respond, the HK disneyland actually resemble the one in Florida 20 years ago, and this resultant Low attendance and unable to cover their huge operating cost.

This post has been edited by keith_hjinhoh: Mar 2 2008, 11:42 PM
alivecmh
post Mar 2 2008, 11:49 PM

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How about HDisplay. It's 4Q financial result is better than previous quarter result. But most of the Director disposed the share ? Will it be like Gamude, plunge suddenly and then recover slowly ? I feel like to buy this one at 0.20, assuming it drop 30%+ when market open biggrin.gif
panasonic88
post Mar 3 2008, 09:13 AM

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alright guys, just to report in
i sold all (yes i mean ALL) hk cw
my hands are clear now
lost few thousands...oh well

not buying anymore hk cw
keeping my funds and pour them into PBBANK whenever the price is right smile.gif
a6meister
post Mar 3 2008, 09:27 AM

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QUOTE(panasonic88 @ Mar 3 2008, 09:13 AM)
alright guys, just to report in
i sold all (yes i mean ALL) hk cw
my hands are clear now
lost few thousands...oh well

not buying anymore hk cw
keeping my funds and pour them into PBBANK whenever the price is right smile.gif
*
sad to hear that.

anywhere, today, as expected, another bad day, just see how bad it goes.
skiddtrader
post Mar 3 2008, 09:28 AM

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QUOTE(panasonic88 @ Mar 3 2008, 09:13 AM)
alright guys, just to report in
i sold all (yes i mean ALL) hk cw
my hands are clear now
lost few thousands...oh well

not buying anymore hk cw
keeping my funds and pour them into PBBANK whenever the price is right smile.gif
*
Sad to hear that pana. I guess you have to bite the bullet somehow, rather than losing every penny once it expires.

Aim for PBBANK, if it drops it should be a good deal.

Edit: I hope the market crashes, no offence to stock holders, because I want to shop ^^

This post has been edited by skiddtrader: Mar 3 2008, 09:33 AM
verbatim
post Mar 3 2008, 09:34 AM

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QUOTE(panasonic88 @ Mar 3 2008, 09:13 AM)
alright guys, just to report in
i sold all (yes i mean ALL) hk cw
my hands are clear now
lost few thousands...oh well

not buying anymore hk cw
keeping my funds and pour them into PBBANK whenever the price is right smile.gif
*
Sorry for you.. But this is the reason why i cleared my portfolio to 0 two weeks ago.. Mart gonna be bumpy. US market is making it worse. The problem is people know that BN wil not retain the same victory they attained in 2004. it could be really worse like 1999. There are talks of Terengganu and Kedah falling into opposiion hands. Indians' votes are split and biased to opposition. That gonna be another factor at those seats which was won with slim margin in the last GE. So, many funds be it local or foreign are not risking their $$$.

This post has been edited by verbatim: Mar 3 2008, 10:54 AM
panasonic88
post Mar 3 2008, 09:34 AM

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yah i should have cut loss earlier...well.

something happened on my surroundings lately, i become very emotional and depressed. i don't want to carry another "burden" (referring to hkcw) with me, so decided to sell and not looking back anymore.

other counters sitting in my portfolio are "safe" counter, which i am less worried in. well, time is the essense.

p/s: sorry if i mumble too much...smile.gif
kinwawa
post Mar 3 2008, 09:38 AM

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QUOTE(panasonic88 @ Mar 3 2008, 09:34 AM)
yah i should have cut loss earlier...well.

something happened on my surroundings lately, i become very emotional and depressed. i don't want to carry another "burden" (referring to hkcw) with me, so decided to sell and not looking back anymore.

other counters sitting in my portfolio are "safe" counter, which i am less worried in. well, time is the essense.

p/s: sorry if i mumble too much...smile.gif
*
Don't worry...things will be better soon. Time to shop!


Added on March 3, 2008, 9:46 amDJ might drop further...nt rushing to shop yet though...still monitoring.....

This post has been edited by kinwawa: Mar 3 2008, 09:46 AM
skiddtrader
post Mar 3 2008, 09:50 AM

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Yeah DJIA futures -96 and European futures doesn't look good too.
sharesa
post Mar 3 2008, 10:13 AM

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QUOTE(panasonic88 @ Mar 3 2008, 09:34 AM)
yah i should have cut loss earlier...well.

something happened on my surroundings lately, i become very emotional and depressed. i don't want to carry another "burden" (referring to hkcw) with me, so decided to sell and not looking back anymore.

other counters sitting in my portfolio are "safe" counter, which i am less worried in. well, time is the essense.

p/s: sorry if i mumble too much...smile.gif
*
oh... what happened to your surroundings that makes you so sad? ohmy.gif
panasonic88
post Mar 3 2008, 10:15 AM

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QUOTE(sharesa @ Mar 3 2008, 10:13 AM)
oh... what happened to your surroundings that makes you so sad? ohmy.gif
*
some personal problem.

anyway, GENTING is coming to 6.50 soon, where is our cherroy? biggrin.gif
sharesa
post Mar 3 2008, 10:18 AM

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QUOTE(panasonic88 @ Mar 3 2008, 10:15 AM)
some personal problem.

anyway, GENTING is coming to 6.50 soon, where is our cherroy? biggrin.gif
*
me same too on top of the lousy market.
Genting may go lower than 6.50?
chinkw1
post Mar 3 2008, 10:51 AM

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What happen to CPO today????

CPO up almost RM300 to RM4141/tonne, its rocking up like no body's business.

But all red chili.

Somemore DJ futures is very RED. This whole week is chilli week.
panasonic88
post Mar 3 2008, 10:57 AM

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can skip to watch the market for the coming week

unless you have the intention to do some shopping...
sharesa
post Mar 3 2008, 10:59 AM

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QUOTE(chinkw1 @ Mar 3 2008, 10:51 AM)
What happen to CPO today????

CPO up almost RM300 to RM4141/tonne, its rocking up like no body's business.

But all red chili.

Somemore DJ futures is very RED. This whole week is chilli week.
*
CPO & share price seem not to be co-related anymore, this could be a CPO bubble waiting to pop. Maybe manipulated by the traders to fool us.
ankw
post Mar 3 2008, 11:18 AM

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QUOTE(keith_hjinhoh @ Mar 2 2008, 11:17 PM)
1. Direct compare Sands with Genting sentosa is flawed. Both of them target different market segment. Entertainment and fun wise, Genting sentosa offers unbeatable experience (from the paper) compare to Sands.

2. Travel to sentosa is actually not inflexible. In fact, many singaporean and malaysian travel to sentosa just to have fun.

3. With the entertainment, Genting can secure customer for longer stay and ensure the children having fun in theme park and Adults spending their time either at theme park or casino. (They gain money as long as customer in their site)

4. Genting is rapidly expanding. I think Genting should cool down their investment before expanding again. Recent years, they've been rapidly expanding into UK, Macau, Singapore. All these investment cost billions and huge financing cost. Luckily Genting have the cash cow such as asiatic, genting to finance their rapid expanding.

5. Theme park alone is subject to seasons to generate revenue. However, having casino and theme park makes a preety good combination to draw attention of tourist as well as the local (singaporean) to take some rest. Furthermore, the HK disneyland do not seems to have good feedback. From what respondent respond, the HK disneyland actually resemble the one in Florida 20 years ago, and this resultant Low attendance and unable to cover their huge operating cost.
*
Sentosa might have alot of discrepancy like providing transport(bus,taxi,car or cable car etc) in and out 24 hours for tourist as they wish. alot of tourist depends on mrt, public transport etc and driving a car is expensive in SG. SG is discouraging Singaporean from gambling by enforcing SG120 for entering the casino with no refund back per visit etc. Majority of adults dont enter the casino when they bring their kids around, troublesome and their kids need to be taken care off. Another disadvantage for themepark is only target on kids and very expensive due to currency exchange rate , the percentage for adults is minimum. Only casino the percentage is greater for adults, as long as they bring their kids around,its a burden to them and is avoiding the adults from going to the casino for sure.


Added on March 3, 2008, 11:19 am
QUOTE(sharesa @ Mar 3 2008, 10:18 AM)
me same too on top of the lousy market.
Genting may go lower than 6.50?
*
the last big drop genting lowest were RM6.20

This post has been edited by ankw: Mar 3 2008, 11:19 AM
chinkw1
post Mar 3 2008, 11:37 AM

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QUOTE(sharesa @ Mar 3 2008, 10:59 AM)
CPO & share price seem not to be co-related anymore, this could be a CPO bubble waiting to pop. Maybe manipulated by the traders to fool us.
*
CPO 4155.0 +305.0 , palm oil is going up high
Early Jan its only 3000, now above 4000 oledi.

Inflation rate is high toooooooo
TScherroy
post Mar 3 2008, 11:42 AM

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QUOTE(panasonic88 @ Mar 3 2008, 10:15 AM)
anyway, GENTING is coming to 6.50 soon, where is our cherroy? biggrin.gif
*
Hi, roger, roger. nod.gif

Not yet 6.50, unless have another round of sell-off.
Not meant to be long term holding either, aim for short term trading for the 6.50, like last time out.

Market is quite calm and quiet although with significant drop.


Added on March 3, 2008, 11:44 amCPO might in the bubbling process, that's why plantation stocks won't follow the trend of CPO.
I might be wrong, but for sure the huge plunge on USD will only make the world-side inflation become worsen. sweat.gif

This post has been edited by cherroy: Mar 3 2008, 11:44 AM

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