from my personal opinion, down side for resort will continue, stocks that drop 5 - 10 percent daily. Will continue will drop..till a level whereby it will hold. If you see a stock hold at a certain level, it will be there for quite sometime. Don't expect resort to go up back in short term...as the world market will be on down side for at least this 3 - 5 months. More and more corp earning will be surface this few months. That show last year Q4 result. I predict lar...it will hold at the lvl 1.80...for awhile there. Is good to keep it..if u have the cash in hand now. Don't spend all your 100k...if u allocate that amount. Just slowly cost averaging it...coz we nvr know whats coming next. Always remember that, in stocks we are buying the company value 6 months ahead. Meaning...now is March 09, we are predicting how is the company performing in the next 6 months which is Sept 09.

A lot of expect predict that stock will look better on Jun 09 onwards. If we calculate 6 months ahead...it will be Jan 2010. Which is suppose to be recovery year. Then again is all prediction...

If you have the cash...can start to buy some slowly...this is recession...somehow or rather is much easy to predict. I not sure have u guys heard before o not...last year before beijing olympic...every one was saying...after Olympic we will have recession liow. Which turn out to be true. I actually off load all my stocks just when the Olympic starts...and now begin to hunt for cheap sales.

I guess is a sad world...the cure for recession is actually inflation. The cure for inflation is actually recession...both way we are dead.


So watch out this Jun or July onwards...we might have some mini rally, since raya coming...

Oh yeah almost forgotten... i think resort is still a good buy lar...coz...Spore Resort...is not only casino lar. The main attraction will be the universal studio. I believe it will draw a lot of customer from main land china. Imagine Japan don't have disneyland and universal studio. Who will be going there? I hope that resort with universal studio will create some sort of world class entertainment along this region. To be frank in ASEAN country we really don't have a good place. If you been to Universal Studio or Disneyland...u will know how crap is Sunway Lagoon and Genting Theme Park is...not to say i want to ketuk malaysia theme park..but is really low quality stuff leh.

Check this site...

http://www.rwsentosa.com/


This post has been edited by yipwh: Mar 9 2009, 07:06 PM

Hmm i guess u are right on this Resort World Bhd has nothing to do Genting International. Both of them are under Genting Berhad.

Resort World Bhd listed in KLSE
Genting Bernard listed in KLSE
Genting International listed in Spore

Check out the percentage of holding

http://www.genting.com/groupprofile/index.htm

hmmm on second thought...cost averaging not so good idea in this bear market. rather then look at the stock counter. I think at this time it will be better looking at CI.

Set a target. Example CI reach 750 point...buy a bit..if still drop...CI to lvl 700 then buy a bit. If keep on buying like that...wah...can die one. How many money also not enuff to wack into the market...

Then the question again will be how far can our CI will go. I guess the best benchmark will be other region bursa. From date to date...
example how much spore market down from 01/01 till now...in terms of percentage. then how much KLCI drop from 01/01 till now. From there we should be able to see the percentage. If Spore o ready drop 30 percent and we only drop 10 percent. We normally will stay close to them...more rough ride ahead..


This post has been edited by yipwh: Mar 12 2009, 11:56 AM