It is kind of upset when I placed my order at RM2.40, however it came to RM2.43....and without even knocking the door it shot up to RM2.52 yesterday. Today closed at RM2.60.
Aiya !!!! How hard to be patient ah !!!

I hope it keeps hanging at RM2.60...then I would curb myself, next month RM2 !! Will it be ?

Why you said next month cheaper ? Reasons support ? From the previous performance, there was very strong support below RM2.50 when people encountered most panic.

Wonder why Resorts stood still RM2.60 today while Genting fell 22 cents to RM4.76
Usually Resorts and Genting price run pararell..

I thought Resorts has no debts ? What do you mean fundamental analysis hints price dropping to below RM2 ?
I am very concerned.

As far as I know Sentosa projects including Resorts World is a development of Genting International. Our local Resorts World only catering for the business in Genting Highlands, from the annual report there is no sign of project in Sentosa Singapore and there is -Nil- for long and short term borrowing. This is the main reason why I selected Resorts World instead of Genting.

Please correct me if I am wrong, my view may be narrow now since I am a novice in share market.
Thanks.

This post has been edited by rayloo: Oct 18 2008, 06:37 PM

I browsed the Sentosa Resort World website and found this.
Resort World At Sentosa Singapore

This post has been edited by rayloo: Oct 18 2008, 06:44 PM

Phew.....I was so scared. Because i just bought in some.
Thanks for confirmation.

Oh I pray not, I will bring many friends to visit Genting Highlands to lose monies...

BTW, since I just bought some Resorts World shares, can I still request for this year vouchers ah ?

This post has been edited by rayloo: Oct 18 2008, 07:04 PM

Adam see things that I don't, I am glad he would raise hidden things for clarifiation. I noticed but I not even know what tripple witching is.... What oct what sept !!!
Thanks Adam again.

Yesterday DJ in blood pool, I thought today Resorts KO liao, mana tahu....today goes green. What a funny market !

Resorts 3rd quarter earning drop !!


3rd Quarter Report


RESORTS WORLD PROPOSED ACQUISITIONS BROMET LIMITED AND DIGITAL TREE (USA), INC. FOR A TOTAL CASH CONSIDERATION OF UNITED STATES DOLLAR 69.0 MILLION ?
Proposed Aquisition

Think tomorrow will be price decline.

Base on the earnings, I personally think above RM2 is not really a good buy.

Resorts don't look good today. Closing to my price, gonna buy some and short some to average the cost to below RM2.

Based on the average PER 15 and previous earning at 27 cents, my price for it at RM2 to be safe. Since the current earning reduced, I may revise the price I am willing to hold.

Aiyo...is that it ? Only few cents down ? Thought I can stock more at RM2.25....

Wish there is more panic, so I can grab more on Monday....

Genting is tendering the Casino Project in Taiwan by Resorts International. According the the press, Resorts stands the highest chance for it. This may be a very good news if Resorts gets it. You have any more news ?

News about Genting and Taiwan Casino in Penghu Island, taken from Nanyang chinese newpaper.
Genting to enter Taiwan Penghu Casino

Just curious, about the free voucher....again.
Only 1 set of vouchers are given, no matter how many lots we buy right ? Based on the registered name in CDS account not the amount of shares we are holding.

Thank you bro cherroy.