those r nominee accounts...
not becoz of citigrp ... citigrp just hold it on trust for their clients .. they r not holding it for themselves ...
something similar to omnibus acc
Stock Market V18, Stock Market Chit Chat
Stock Market V18, Stock Market Chit Chat
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Nov 28 2008, 02:59 PM
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Senior Member
3,789 posts Joined: Aug 2007 |
those r nominee accounts...
not becoz of citigrp ... citigrp just hold it on trust for their clients .. they r not holding it for themselves ... something similar to omnibus acc |
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Nov 28 2008, 03:01 PM
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Senior Member
2,646 posts Joined: Oct 2008 |
CI will be like this till end of the day ? boring
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Nov 28 2008, 03:09 PM
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Junior Member
453 posts Joined: Nov 2008 |
all the blue chip is seem picking up and prepare for the year end rally.
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Nov 28 2008, 03:12 PM
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Junior Member
627 posts Joined: Jan 2003 |
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Nov 28 2008, 03:19 PM
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Senior Member
3,589 posts Joined: Mar 2005 From: Bolehland |
wow genting drop so much..
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Nov 28 2008, 03:20 PM
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Senior Member
1,345 posts Joined: Dec 2007 |
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Nov 28 2008, 03:21 PM
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Junior Member
453 posts Joined: Nov 2008 |
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Nov 28 2008, 03:25 PM
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Junior Member
627 posts Joined: Jan 2003 |
will genting reach 4 by another hour????
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Nov 28 2008, 03:29 PM
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Senior Member
1,345 posts Joined: Dec 2007 |
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Nov 28 2008, 03:33 PM
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Senior Member
986 posts Joined: Jul 2006 From: Naboo |
anyone knows the rationale for the steep drop in genting today? even rwb recovered to stabilise at RM2.30+, but genting...
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Nov 28 2008, 03:35 PM
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Senior Member
1,040 posts Joined: Apr 2005 |
its like that ler, once someone starts selling, ppl will follow and jump down the hill, until finally someone says, i dont want to jump with em!!
What's the saying? you dont want to be caught being the last one one enter a trend... once selling picks up, ppl will mindlessly sell... try to pick up resort at 2.33... |
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Nov 28 2008, 03:37 PM
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Senior Member
1,345 posts Joined: Dec 2007 |
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Nov 28 2008, 03:52 PM
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Junior Member
448 posts Joined: Nov 2008 |
Still QQQQQ
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Nov 28 2008, 03:53 PM
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Senior Member
2,646 posts Joined: Oct 2008 |
wat price u q at?
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Nov 28 2008, 03:55 PM
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Junior Member
448 posts Joined: Nov 2008 |
resort,2.31
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Nov 28 2008, 03:55 PM
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Senior Member
986 posts Joined: Jul 2006 From: Naboo |
Genting @ RM3.98 FTW!!!
10 cents more to go before i clinch it... |
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Nov 28 2008, 03:56 PM
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Junior Member
448 posts Joined: Nov 2008 |
I think resort closing will be 2.34
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Nov 28 2008, 03:56 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang |
Resort is cash rich while casino and hotelier business in Genting Highland are still profitable, just may suffer some minor drop in the near future due to economy slowdown. It is still a highly profitable business.
But for Genting, it is different scenario, UK casinos are bleeding businesses until now, Singapore casino profitable issue still unknown, while need massive capital injection for the construction of it and Genting needs to raise significant amount of borrowing for it. But in distance future, if Singapore casino indeed a very profitable business, then Genting might be better than resort. Genting is considered a growth and high risk stock currently compared to Resort. But Resorts has its own issue as well, cash rich but doesn't want to reward their shareholders, if the company keep on holding the cash forever, while give peanut dividend to shareholders, then those cash rich is meaningless to shareholders as well. At the mean time,recent acquistion doesn't well received by the shareholders and market. |
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Nov 28 2008, 03:56 PM
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Junior Member
448 posts Joined: Nov 2008 |
no ammo for genting...
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Nov 28 2008, 03:57 PM
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Senior Member
2,646 posts Joined: Oct 2008 |
i thk so .. buying q so long
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