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 Stock Market V18, Stock Market Chit Chat

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aurora97
post Nov 28 2008, 02:59 PM

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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
mo_meng
post Nov 28 2008, 03:01 PM

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CI will be like this till end of the day ? boring
sampoo
post Nov 28 2008, 03:09 PM

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all the blue chip is seem picking up and prepare for the year end rally.
SUSjvcpcv55
post Nov 28 2008, 03:12 PM

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QUOTE(sampoo @ Nov 28 2008, 03:09 PM)
all the blue chip is seem picking up and prepare for the year end rally.
*
early window dressing???? ohmy.gif hmm.gif hmm.gif
harrychoo
post Nov 28 2008, 03:19 PM

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wow genting drop so much..
fergie1100
post Nov 28 2008, 03:20 PM

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QUOTE(harrychoo @ Nov 28 2008, 03:19 PM)
wow genting drop so much..
*
can i ask for MORE? hmm.gif
sampoo
post Nov 28 2008, 03:21 PM

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QUOTE(jvcpcv55 @ Nov 28 2008, 04:12 PM)
early window dressing???? ohmy.gif  hmm.gif  hmm.gif
*
God known. thumbup.gif rolleyes.gif shakehead.gif
SUSjvcpcv55
post Nov 28 2008, 03:25 PM

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will genting reach 4 by another hour????
fergie1100
post Nov 28 2008, 03:29 PM

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QUOTE(jvcpcv55 @ Nov 28 2008, 03:25 PM)
will genting reach 4 by another hour????
*
nothing is impossible now i guess..... hmm.gif
babana
post Nov 28 2008, 03:33 PM

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anyone knows the rationale for the steep drop in genting today? even rwb recovered to stabilise at RM2.30+, but genting... blink.gif
eltaria
post Nov 28 2008, 03:35 PM

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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...
fergie1100
post Nov 28 2008, 03:37 PM

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QUOTE(babana @ Nov 28 2008, 03:33 PM)
anyone knows the rationale for the steep drop in genting today? even rwb recovered to stabilise at RM2.30+, but genting... blink.gif
*
Bad earning? i guess GENTING will have a tough road ahead....
it's not cash rich like bro RESORTS...?
yang yang
post Nov 28 2008, 03:52 PM

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Still QQQQQ
mo_meng
post Nov 28 2008, 03:53 PM

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wat price u q at?
yang yang
post Nov 28 2008, 03:55 PM

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resort,2.31
babana
post Nov 28 2008, 03:55 PM

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Genting @ RM3.98 FTW!!!
10 cents more to go before i clinch it...
yang yang
post Nov 28 2008, 03:56 PM

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I think resort closing will be 2.34
cherroy
post Nov 28 2008, 03:56 PM

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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.

yang yang
post Nov 28 2008, 03:56 PM

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no ammo for genting...
mo_meng
post Nov 28 2008, 03:57 PM

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i thk so .. buying q so long

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