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 Genting Malaysia, Resorts World

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darkknight81
post Oct 15 2008, 07:48 PM

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QUOTE(Singh_Kalan @ Oct 15 2008, 07:12 PM)
u ll even more angry after u bought it, sonny. cool2.gif  Don't believe me, wait and check the price next month.  doh.gif
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darkknight81
post Oct 15 2008, 10:13 PM

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QUOTE(normanTE @ Oct 15 2008, 09:10 PM)
my technical chart telling me to buy at 1.90 rm , so when it will fall to such price?
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Since you are doing technical analysis then i should ask you when it will fall to that price lol
darkknight81
post Oct 18 2008, 08:39 PM

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I really don see any logic to buy in this counter at current price below are my reason:

1. Stingy in dividend as they need more cash for their business expansion in macau casino ....In shorts they need more cash right now...

2. Global economy is going to slowdown at least few years time, holding this type of counter does not benefit you anything doh.gif

3. If not wrong 100% of resorts business is in malaysia... With our political uncertainties... it is not a wise move

This post has been edited by darkknight81: Oct 18 2008, 08:42 PM
darkknight81
post Nov 26 2008, 11:51 PM

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QUOTE(rayloo @ Nov 27 2008, 12:24 AM)
Base on the earnings, I personally think above RM2 is not really a good buy.
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Besides earnings during current slowdown... cash is king and resorts had pile of cash in hand...If 2.00 is quite fair already
darkknight81
post Nov 27 2008, 08:27 PM

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If at price of RM 2.00 is attractive for short term trading with contra gain of 20% is achieveable in short term.
darkknight81
post Nov 18 2009, 08:19 AM

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QUOTE(zenstone @ Nov 17 2009, 08:22 PM)
GENM is under value!!! it should be rm3 for sure!!
Very strong today!!
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And the most important thing is they got a lot of cash right now thumbup.gif

the thing is what will they do on this cashpiles

1. Special Dividend? Not likely i think

2. Acquisition?

3. Funding to genting sentosa?

I think this is the reason why the stock still undervalue as ppl still don know what will resorts do for their cash yet.

This post has been edited by darkknight81: Nov 18 2009, 08:22 AM

 

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