Genting Malaysia, Resorts World
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 Apr 23 2009, 12:30 AM
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#1
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Junior Member
982 posts Joined: Apr 2008 
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QUOTE(mynewuser @ Apr 22 2009, 07:12 PM) Resort price not much moving since beg of this month till today. When I buy 2.3x now still 2.3x. Not sure want to let go or not. Be patience, I really like this kind of movement. It shows that the share is building some foundation before it can start to move up again. If you trust the co you can start to accumulate and rip the benefit later otherwise you know what to do. |
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Apr 25 2009, 05:44 AM
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#2
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Junior Member
982 posts Joined: Apr 2008
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QUOTE(Soulsareworthless @ Apr 23 2009, 03:15 PM) I believe Genting's fundamentals are strong (at least in the first half of 2009, there could be cost overruns for the Sentosa resort which Genting might have to incur in Q3,Q4 of 2009). Having said that, investors still sold down Genting from RM3.60 to RM3.20 in February when Genting made a Q4 2008 lost which was only due to impairment losses. I'll agree that Genting's Q1 2009 results should be strong (hopefully). I think Genting might incur more losses in the 1st Q. |
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Apr 25 2009, 11:35 AM
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#3
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Junior Member
982 posts Joined: Apr 2008
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QUOTE(kb2005 @ Apr 25 2009, 08:59 AM) Any source of the news ? Sorry bro, not from any sources but my personal view. |
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Apr 25 2009, 11:39 AM
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#4
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Junior Member
982 posts Joined: Apr 2008
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So when is Genting and Resorts will be announcing their P/L report?
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Apr 28 2009, 09:26 AM
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#5
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Junior Member
982 posts Joined: Apr 2008
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Took profit on Resorts.
Will check in again when "The Pandemic" issue become more serious. Pharmaceutical shares anyone? Pharma Ccmdbio Kotra Yspsah |
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May 4 2009, 08:03 PM
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#6
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Junior Member
982 posts Joined: Apr 2008
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Today gone up to 2.50 but sadly I realize my profit earlier due to the Swine virus. But what the heck there is always another stock....
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