Whoa.. Resorts climbing up 30 points edy.

30 points? Or 3 cents?

Hehe.. hovers around 2.290 / 2.300

may i noe why resort still up? any news or pure goreng

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Added on January 14, 2009, 1:07 pmits time to buy resorts CI/CH

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Added on January 14, 2009, 1:13 pmmaybe get 100 lo to play

This post has been edited by mo_meng: Jan 14 2009, 01:13 PM

RESORTS closed 3 cents higher.

what's the difference between Resorts CI and CH, or just RESORTS???
3 different shares?? what's the difference?

RESORTS are mother share.

RESORTS-CI and CH are derivatives of mother share called option or warrant. C denotes a call warrant by another company or institution; not by the company itself.

anyone getting genting CH/CI

Info on RESORTS-CH issued by CIMB:
http://announcements.bursamalaysia.com/EDM...00?OpenDocument

Info on RESORTS-CI issued by KIBB:
http://announcements.bursamalaysia.com/EDM...D2?OpenDocument

With this resorts world, the chart shows the steady climb actually only started from 2004. but not previous years, anyone could explain if they changed stradegies from 2004?? or was it just the whole world was getting wealthier to have money spending in casinos

The reason was because world economy starting getting better and market started to rally from 2003 onwards until end of year 2007. So this is almost 5 years bull market. So resorts climb steadily during these 5 years bull time.
It is not what strategies that Resorts took but it is how global market affect demand & supply of the stocks.
Now we all entered recession time and stocks plummeted. Demand reduce and stock price dropped.

So i guess it isn't the right time to buy in resort then?

I can't really say whether this time is good time to buy or not?
But i could say that Resorts will be supported at first level RM2.10-RM2.15 level and second level at RM1.85.
Any range between RM1.85 - RM2.15 will be good for entry price.
This would be good investment in next 2 years while awaiting for Sentosa resorts complete and stabilise.


This post has been edited by dreams_achiever: Jan 18 2009, 08:35 PM


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Resorts expanded in 2004 right??? Genting highland.

Would this new Sentosa have the same profit in return?? what's the detail about this new resorts they are completing

I have no idea about profits forecast of this new Sentosa resorts.
I just knew that it going for soft-launch in first quarter of 2010.

RESORTS dropped another cent. Closed at 2.23

looks like RESORTS, PBBANK, YTLPOWER are all going down, is it ever coming back up?

be realistic sonny. The world economy is in recession, some say depression, Malaysia ain't gonna get away from this. All stock are on their way down; slow or fast, its going south.

This post has been edited by Singh_Kalan: Jan 19 2009, 10:46 PM

In spite of KLCI down almost 10 points, Resorts managed to up 4 cents today.

This remiser I met at CIMB recently,when i ask for advices, he always recommend Resorts, saying techinically speaking they're good, and says they will be going from 2.2 to 2.5 in 6 weeks.

I personally don't trust remiser, because they might be loosing money on that, just trying to get you buying to goreng the price up.

But anyway, how trueful is that claim?