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 Genting Malaysia, Resorts World

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Freelancer
post Mar 16 2009, 09:17 AM

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QUOTE(kb2005 @ Mar 16 2009, 06:45 AM)
Still a good price. I will be queing today for this counter again. biggrin.gif
*
Bought a little bit this morning.

Downward trend again. Time to stock up a bit more. smile.gif

This post has been edited by Freelancer: Mar 16 2009, 11:31 AM
Freelancer
post Mar 16 2009, 04:49 PM

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Resorts.. high volume today. Amazing.. managed to climb back to 1.920.


Added on March 17, 2009, 11:28 am
Come on Resorts. You can do it.. go green today. smile.gif

This post has been edited by Freelancer: Mar 17 2009, 11:28 AM
Freelancer
post Mar 17 2009, 03:18 PM

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QUOTE(Soulsareworthless @ Mar 17 2009, 02:37 PM)
Counter not moving much today.
*
After break, Resorts starts to climb the hill. Green & up 3 sen already. Way to go & keeps going. rclxms.gif
Freelancer
post Mar 17 2009, 10:02 PM

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The big sharks are accumulating the stock. Noticed the high buy queue at the current prices today even before the closing bell.

Hmm.. wonder why. hmm.gif
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post Mar 18 2009, 05:51 PM

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Resorts was down red then up green then down red again ended @ 1.900 today. dry.gif
Freelancer
post Mar 19 2009, 12:02 AM

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QUOTE(kb2005 @ Mar 18 2009, 11:24 PM)
It is not moving up as high as some people expect for today. Still a good chance to buy for those who miss it. biggrin.gif
*
Resorts very difficult to remain very high due to profit taking (huge volume normally) when the price is at the higher levels. dry.gif
Freelancer
post Mar 19 2009, 05:42 PM

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Surprisingly, Resorts closed green +3 sen @ 1.930 today and so did Genting with +10 sen @ 3.380.

Based on its performance today, and if the US also green, will Resorts be able to reach close to 2.000 tomorrow. hmm.gif


(Also noticed Resorts has been buying back its shares in millions recently)

This post has been edited by Freelancer: Mar 19 2009, 05:49 PM
Freelancer
post Mar 20 2009, 02:52 PM

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QUOTE(kb2005 @ Mar 20 2009, 02:45 PM)
1.92 as of now. Vey slow moving today.
*
Yup.. not moving since morning. Huge buy/sell queue @1.910/1.920. hmm.gif

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post Mar 20 2009, 03:48 PM

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The huge buy queue at 1.900 and 1.910 all got matched within minutes. Wow!
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post Mar 20 2009, 04:01 PM

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QUOTE(Grengo01 @ Mar 20 2009, 03:58 PM)
Yup. But this current slump does not do justice to RWB who has reported healthy figures although the loss is due to a writedown on asset impairment. But with a huge cash hoard, RWB should actually be sitting at 2.50... and just because some analyst do not get details for them to do their work, they write adversely about the counter..  rclxub.gif  (that is a statement for fun)...
*
Which analysts did that? Let me whack their butts. bruce.gif


Added on March 20, 2009, 4:02 pm
QUOTE(putraperdana @ Mar 20 2009, 03:52 PM)
Any news of SG resorts progress??? Are they on schedule?
*
I thought that resorts is under Genting, right? unsure.gif

This post has been edited by Freelancer: Mar 20 2009, 04:02 PM
Freelancer
post Mar 20 2009, 06:58 PM

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Sooner or later these huge selling pressures have to end. What will happen then? hmm.gif
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post Mar 21 2009, 01:05 PM

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QUOTE(spiderbaby @ Mar 21 2009, 10:23 AM)
I really hope that resort will fly....

like my avatar...
*
High possibility once the selling subsided. Cash always the king. wink.gif

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post Mar 21 2009, 01:46 PM

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QUOTE(spiderbaby @ Mar 21 2009, 01:26 PM)
i think you are right. nut when will it stop as my entry value is quite high at 2.24. hopefully i can ave it down a little bit.
Now it is at 1.90. maybe????????
*
Your entry value is not that high. Some people entry values are above 2.40.

Ask yourself.. do you think 1.90 is high especially if you're a long term investor? wink.gif

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post Mar 21 2009, 04:03 PM

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QUOTE(Soulsareworthless @ Mar 21 2009, 03:34 PM)
What are your predictions for the Resorts price during 3rd quarter 2009?
*
If the 1st followed by 2nd Qtr results are positive, then @ 2.50 and above are quite possible similar to during 3rd Qtr last year.

Just my humble layman opinion to cheer me up. biggrin.gif

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post Mar 22 2009, 09:30 PM

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QUOTE(lsmpro80 @ Mar 22 2009, 04:29 PM)
i just got news from friend who are so itchy and make a big loss trying his good luck.. a total sum of RM 259K in just one night in 2 days back.. what the heck is he thinking.. just 1 night blowing games.. seems to me that the genting is making real profit from this.. 1 head count.. gosh.. i just couldnt believe.. a god damn evo 9 is gone just like that..
*
That's why Resorts core operations are very profitable resulting in that huge pile of cash. wink.gif
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post Mar 23 2009, 10:58 AM

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QUOTE(Grengo01 @ Mar 23 2009, 10:46 AM)
Horse carriage moving? 1.95... ?
*
If all goes well, it may even reach 2.00 today. KLSE also so far very green. thumbup.gif

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post Mar 23 2009, 11:09 AM

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QUOTE(Grengo01 @ Mar 23 2009, 11:00 AM)
Ahhh... 2.00... I don't think so... some people trying to keep it at 1.95... be happy if it closes 1.97...
*
Hmm.. wonder why? hmm.gif

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post Mar 23 2009, 01:02 PM

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QUOTE(Soulsareworthless @ Mar 23 2009, 12:50 PM)
Isn't Singapore Resorts owned by Genting International under Genting Berhad?
*
Maybe people confused b'coz of the name "Resorts". biggrin.gif

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post Mar 23 2009, 03:17 PM

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QUOTE(lsmpro80 @ Mar 23 2009, 01:28 PM)
for all do remember to do homework before putting any action .. and go go go .. i just unloaded this morning at 1.95 .. lolz.. making a 0.02 cents profit taking... and going to requeue .. i am joining you guys in resort .. hehe.. go go go ..  (my buying spree for the whole week)...
*
Haiya.. why sold so fast? Resorts managed to reach 1.980 currently and may be able to go higher. biggrin.gif

This post has been edited by Freelancer: Mar 23 2009, 03:18 PM
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post Mar 23 2009, 05:23 PM

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QUOTE(Soulsareworthless @ Mar 23 2009, 03:50 PM)
GO GO GO RESORTS!  rclxms.gif
Nice pic. Neeway.. Resorts should've ended @ 2.000 at the least today. Still got people hampering the uptrend. hmm.gif

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