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 Genting Malaysia, Resorts World

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Soulsareworthless
post Apr 27 2009, 11:53 PM

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QUOTE(kb2005 @ Apr 27 2009, 07:02 PM)
Anyone buy Resorts today ?
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You planning to buy Resorts? smile.gif
Soulsareworthless
post Apr 28 2009, 01:16 AM

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QUOTE(dreams_achiever @ Apr 27 2009, 11:34 PM)
Aiming at RM 2.20 biggrin.gif
Very strong support at this level. Been supported on Oct '07, Oct '08 and Dec '08
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QUOTE(kb2005 @ Apr 28 2009, 12:22 AM)
Think of it if price can drop close to 2.2. biggrin.gif
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Looks like we agree RM2.20 will be a very attractive valuation for Resorts. Think can drop 20 sens tomorrow? hmm.gif I'm sending a check to my broker tomorrow to add to my trust account so that I can buy with lower brokerage rate, how long will the check take to clear?
Soulsareworthless
post Apr 28 2009, 11:54 AM

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QUOTE(kb2005 @ Apr 28 2009, 06:54 AM)
For check, it will take 3 days to clear! Better use cash!
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Ya, sending cash to broker's A/C now. Resorts only down 3 sens... sad.gif
Soulsareworthless
post Apr 28 2009, 04:03 PM

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QUOTE(dreams_achiever @ Apr 28 2009, 03:25 PM)
RM2.20 coming soon. Lowest RM2.30 today.
Another 10cents to go.
Up kao kao, Down also kao kao  doh.gif
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Coming soon, coming soon, come on Resorts you can drop more, but at the same time my Genting getting whacked down like nobody's business. ohmy.gif
Soulsareworthless
post Apr 28 2009, 06:18 PM

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QUOTE(jys @ Apr 28 2009, 04:12 PM)
will it go down till RM 2? interested lar..
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Very possible if the swine flu gets worse over the next few days, if swine flu hits our shores, I think it straight away drop to RM1.90.
Soulsareworthless
post Apr 29 2009, 01:11 AM

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QUOTE(virtualgay @ Apr 29 2009, 12:42 AM)
support @ 1.90 la i think.. i m not very good at this candlestick but still learning how to plot and how to read...
user posted image


Added on April 29, 2009, 12:44 ami want to learn how to do Technical Analysis.. anyone in this forum mind to share?
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There's support at RM2.20 too if you look at the 5 year graph.
Soulsareworthless
post Apr 29 2009, 10:04 AM

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QUOTE(virtualgay @ Apr 29 2009, 01:16 AM)
for 5 years graph we plot base on monthly data or weekly data?
If monthly take which day of the month or take average?
if weekly take which day of the week or take average of the week?
i really learning how to read and understand the candle stick la...
it does help a lot with making decision to buy or sell...
since the 1st support is @ 2.20 once break i can start buy...
if break 1.90 then i think is when the SWINE FLU finally hit malaysia
for now just sit and watch la
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The graph I use is provided by Hwang DBS, to be exact it's a daily opening and closing price candlestick graph for 6 years.

Resorts and Genting looks to have stopped hemorrhaging today.
Soulsareworthless
post May 1 2009, 02:50 AM

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Well, looks like swine flu didn't manage to batter Resorts down to RM2.20, have to look for other investment opportunities now.
Soulsareworthless
post May 1 2009, 03:57 PM

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QUOTE(benlaw @ May 1 2009, 11:13 AM)
wait la
next week more correction of this swine flu
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Yup, need Resorts to dip under RM2.20, but the swine flu seems to have died down already, need more deaths soon, best if deaths are in Asian region.
Soulsareworthless
post May 1 2009, 05:27 PM

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QUOTE(virtualgay @ May 1 2009, 04:40 PM)
if swine flu in malaysia is also very dangerous la...
we might get infected!!!
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I see this as a business risk.

QUOTE(tookinen @ May 1 2009, 05:11 PM)
no offence dude, human life is more precious than money. so please don't wish of other peoples death for your share price to drop down so you can pick up.  shakehead.gif
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I see this as a business cost.

No offense guys, just trying to look at myself and my investments as separate entities.
Soulsareworthless
post May 2 2009, 02:05 AM

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QUOTE(virtualgay @ May 1 2009, 08:15 PM)
seeing people die is not something we want...
if malaysia turn out to be like Mexico, i dont think we are able to handle it..
and trust me... our neighbor country like Silypore and Thaidick will surely close the border..
then our share market will be like left only 700 points.. haha...
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Hmm, 700 is kinda bad, anywhere near 900 would be good enough for me. smile.gif
Soulsareworthless
post May 3 2009, 07:06 PM

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QUOTE(cesarmora @ May 3 2009, 05:15 PM)
guys, i think its time. lock in your profits.
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I locked in mine at RM2.15, sigh. sad.gif
Soulsareworthless
post May 4 2009, 11:05 PM

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QUOTE(kb2005 @ May 4 2009, 09:57 PM)
I'm waiting also. biggrin.gif
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I've been waiting for over a month now, everything is sky high now, must be patient, must be patient. smile.gif
Soulsareworthless
post May 5 2009, 04:04 PM

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QUOTE(jasontoh @ May 4 2009, 11:34 PM)
cry.gif  cry.gif Though I still have a lot in hands which already high in profit, but I plan to make 2x or 3x profit, now still not that level yet. Aiks!!!  mad.gif  mad.gif
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How can so easily make 200-300% profit? That will take a few years, even decades maybe.
Soulsareworthless
post May 12 2009, 06:05 AM

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Anyone knows what is Resorts PE now?
Soulsareworthless
post May 13 2009, 03:24 PM

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QUOTE(chriscvf @ May 12 2009, 10:59 PM)
star cruses Q1/09 in black USD 5 mil plus. Resorts' 19% work out to be around USD 1 mil or RM 3.5 mil. could be a nice 0.0006 cents eps but then again RWB does not account for SCL's profit/loss. Maybe some increase tomoro to RWB. its more firm now that no more imparment to SCL will be needed anytime soon. If Q1/09 for RWB is better than expected, the stock might break the 2.60 mark and heads for 2.80. Ha for all i know it could break tomorow on SCL's news.....
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Resorts doesn't seem to be affected by the positive news.
Soulsareworthless
post May 13 2009, 05:23 PM

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QUOTE(Starbucki @ May 13 2009, 03:31 PM)
It's going to renamed Genting Malaysia. Sounds like good news to me. drool.gif
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Where you got the news?
Soulsareworthless
post May 13 2009, 10:15 PM

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QUOTE(hellfire8888 @ May 13 2009, 07:56 PM)
hmm then i better keep this stock first, get divident...at first wanted cut lost cause i see everyday drop drop drop..barely able to hit rm2.50 so sian..
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What price you bought? It's being rallying from RM1.90 until RM2.40+ now, Resorts needs to 'rest'.
Soulsareworthless
post May 15 2009, 11:54 AM

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QUOTE(cherroy @ May 15 2009, 11:15 AM)
How much you bought doesn't matter one, it is number of shares you have.

4 cents per share

You have 1000 shares or 0.04 x 1000 = 40.00
But it is less tax 25%

40 x 0.75 = 30.00 (Cheque sent to you will be 30.00)

But you can claim back the 10 (tax) part if you are not subjected to income tax, or portion based on your tax bracket.
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How can I claim it back? I'm a student, don't need to pay tax right?
Soulsareworthless
post May 15 2009, 01:59 PM

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QUOTE(omores @ May 15 2009, 01:09 PM)
Gotta open your tax account and claim ur money back smile.gif. Dividend comes minus tax already.
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Can explain to me how to open a tax account? Thank you sifu.

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