Didn't see genting shares falling......Very steady....

Hahhaha. i oso queue Resort at 2.43 for 15000 unit still long way to get it.
Also que buy Zelan at 0.80..

Good la.. u managed to grab Resort... quite good price.

K.. back 2 work.. later boss scold.

Although i buy 10 Lot, i feel it will fall further.... Avoid catching falling knifes..

150 lots?

It's coming down a bit now..... you may still get it!

anybody got clue why heavy selling?

---

Added on November 27, 2008, 3:20 pmmaybe Resorts got toooooo much cash so wants to some cheap selling...
***Mega Sale ****

This post has been edited by yang yang: Nov 27 2008, 03:20 PM

I have a feeling tomolo resort will be cheaper.

I have no information regarding it. But seeing at the pattern of selling, there is high chance it is a forced selling.

Haha, hope it will be like that too.

100k sold at 2.45

wow....

oh no. If the selling too much, tommorow got no more selling...
please dun sell too much. Save some to sell tommorow

queue again, come to papa

cash rich share....

buy 1st.... think later

This post has been edited by jvcpcv55: Nov 27 2008, 03:33 PM

Taikor Genting also turning RED

ya ya ya...

4715 RESORTS RESORTS WORLD BHD
PROPOSED ACQUISITIONS

RESORTS WORLD BHD (“RESORTS WORLD”)

PROPOSED ACQUISITIONS BY RESORTS WORLD LIMITED, AN INDIRECT WHOLLY-OWNED
SUBSIDIARY OF RESORTS WORLD, OF THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF
BROMET LIMITED AND DIGITAL TREE (USA), INC. FOR A TOTAL CASH CONSIDERATION OF
UNITED STATES DOLLAR 69.0 MILLION
On behalf of Resorts World’s Board of Directors, we are pleased to announce
that Resorts World Limited (“RWL”), an indirect wholly-owned subsidiary of
Resorts World, has today entered into a sale and purchase agreement with KH
Digital Limited (“KHD”) in relation to the proposed acquisitions by RWL from
KHD of the entire issued and paid-up share capital of Bromet Limited and
Digital Tree (USA), Inc. for a total cash consideration of USD69.0 million.

Please refer to the attachment for the full announcement.


Heard that this deal is an useless one.. Investors are scared that the 69million investment is on a worthless company..

The heavy sell off is mainly due to:

1.poor third Quarter performance,

2.buying over a company that specialises in the development, protection and commercialisation of gaming-related Patents.this acquisition does not go down well with investors partly because Uncle lim junior is the seller.

eh...? Uncle lim junior is the seller, serious kah?

1. It's result is not as poor (operational profit still ok) while market still react quite ok in the morning after they releasing their result overnight.

2. Yes, this is the main concern especially if major shareholders sell some personal assets to the company.

The selling particularly flock out in aggressive way (the sellers throw like disregard the price, just want it to match or get it done) into the market after noon session.

wow lok at resort drop!

Oppps...Falling again like waterfall.....