GENTING sold @3.74 for peanuts, hope to catch again at lower price

Wa.... come back KLCI ady red jo

Luckily it seems wise i took the peanuts from Junior Lim this morning

My re-entry to Genting would be Rm3.2 this time

Dun worry, KLCI will green in the evening profit taking is taking place

This post has been edited by Junior83: Mar 24 2009, 01:36 PM

Yup resort, d only keep green today
Hope it can climb to RM2.5

just my target price to take profit

Cash only no debt company, wat you expect? Drop to RM1.5?? That would mean KLCI drop to 700+ liao

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Added on March 24, 2009, 3:15 pmNormally they keep it

This post has been edited by Junior83: Mar 24 2009, 03:15 PM

RESORT fail to stand @RM2

Up few sens not bad oso
However, still got confidence it will shoot up as FF might switch their US portfolio to emerging market since USD might deteriote due to the 3 trillion injection



This post has been edited by Junior83: Mar 25 2009, 07:59 AM

Hope so

Today will red 1st then green, let's c

RESORT yellow

2.1 only, my tp price is RM2.5

Agree, 0.45 to my tp price

gogo DOW

RESORT TP RM2.5 still maintain

Let's c how long the selling force can maintain

choi choi ...

DOW 7749 +89

Anyone sell RESORT? @2.1 ady

WA.... resistant @2.1

but good support @2.09 oso

0.4 to my tp liao

This post has been edited by Junior83: Mar 26 2009, 09:24 AM

RESORT @2.12 ady

now 0.38 from my tp... seems nearer now

touched 2.14

If continue like tis, RM2.2 oso no prob

recently 1st time sell order # outnumber buy order #

This shows lots of small fishes are releasing the stock, hope to buy @ lower price later

GENTING doing good too, but sold ady

This post has been edited by Junior83: Mar 26 2009, 10:57 AM

From CIMB research house: FYI only

Resorts World (RNB MK; RM2.05) – BUY
FY09P/E: 9.6x, P/BV: 1.4x
• The stock may have bottomed temporary at RM1.84 and is now on the
verge to test the RM2.14 resistance. However, only a break above the
RM2.36 would conclude its medium term downtrend channel.
• Daily indicators are improving. MACD has confirmed its golden cross while
RSI rises towards the upper band of the neutral zone.
• Support is seen at RM1.92. Investors with greater risk appetites may
position ahead of further rally but a stop loss is a must. Cut loss if it breaks
below RM1.84.
Resorts World Berhad operates a tourist resort in Genting Highlands which
includes hotels, restaurants, casinos, and recreational and amusement
facilities. Through its subsidiaries, the company also develops and leases
property, operates leisure and hospitality services, and provides time share
ownership scheme.
Genting (GENT MK; RM3.68) – SELL
FY09P/E: 11.6x, P/BV: 1.1x
• The stock has also broken out of its downtrend channel after hitting a 52-
week low at RM3.08. However, the compelling technical readings suggest
that a correction is forthcoming.
• MACD is still rising but remains negative. More importantly, RSI is almost
overbought at 66, suggesting limited room to the upside. Support is at
RM3.45 (also its 30-day SMA) followed by RM3.32.
• Investors should do well selling into strength, possibly near its resistance at
RM3.88 and RM4.00.
Genting Berhad is an investment holding company. The company, through its
subsidiaries, provides leisure and hospitality, gaming, and entertainment
businesses. Genting also operates plantations, develops and manages
property, provides tours and travel related services, manufactures and trades
paper, explores oil and gas, and provides money lending services.

It will be great if RESORT stand @2.14 today

Then tomorrow RM2.2