Genting Singapore Ltd

SGX (SGD): Genting Sing (G13)

Last Price

0.85

Today's Change

-0.01 (1.162%)

Day's Change

0.85 - 0.865

Trading Volume

18,272,400


12 people like this.

443 comment(s). Last comment by raymondroy 3 weeks ago

DinDin

10 posts

Posted by DinDin > 2013-02-01 16:05 | Report Abuse

next week will rise!!!!

Posted by stanleysew > 2013-02-04 13:27 | Report Abuse

Target 1.8?

DinDin

10 posts

Posted by DinDin > 2013-02-07 16:49 | Report Abuse

sold @ 1.555.... dont want to wait anymore. Jz go for CNY.. :)

pakau

1 posts

Posted by pakau > 2013-02-08 10:57 | Report Abuse

1.605....

Posted by Velson Loh > 2013-03-14 10:38 | Report Abuse

slumping !!!!!

KL Vin

33 posts

Posted by KL Vin > 2013-03-27 20:15 | Report Abuse

HEhe...Wait the price correction ~~ You'll see me keep posting !! LOL !!

Posted by tigerroar > 2013-04-19 13:55 | Report Abuse

Heading south, what happened?

Posted by devilnevercry > 2013-04-25 17:39 | Report Abuse

Upgrade

Posted by stockmarketmindgames > 2013-04-26 21:06 | Report Abuse

genting was just on steroid!

Posted by LOVEYOURSELF > 2013-04-30 12:21 | Report Abuse

Why share price drop? I thought if it is true that the famous ex top senior civil servant goh chye boon is pitted to be the new ceo, it should be more positive for RWS. What say U?

AlanT33

2 posts

Posted by AlanT33 > 2013-04-30 21:28 | Report Abuse

The Company refers to the article appearing on page B8 of today’s edition of The Straits Times (“Former top civil servant tipped to head RWS”).

The Company would like to clarify that Mr. Tan Hee Teck is neither slated to move to another post in the Genting Group, nor has Resorts World Sentosa (“RWS”) appointed any CEO-designate successor. Mr. Goh Chye Boon joined RWS as Executive Vice President of Resort Operations in January 2013 and currently oversees the operational non-gaming functions of RWS. Previously heading up the China Business Partnership unit of Government Investment Corporation Singapore, he also held various positions in the private and public sector, and was the CEO of the Sino-Singapore Tianjin Eco-City, a flagship project between the People’s Republic of China and the Singapore Government.

For and on behalf of the Board
Terence Tay
Assistant Secretary

Posted by MsGorgeous > 2013-05-02 10:14 | Report Abuse

I took profit this morning. Cheers! Will come back again!

Posted by tigerroar > 2013-06-12 15:18 | Report Abuse

What caused the drop today?

8608055

2 posts

Posted by 8608055 > 2013-06-13 22:10 | Report Abuse

how will the market go tmr??

Posted by robertgoh > 2013-06-14 08:08 | Report Abuse

Don't ever follow newbie's ( sengsk) foot step!!!
Being a new NUS graduate he should know better than go
gambling in any casino. His story looks very tempting
for those who wants to make easy money. He paid $2000
as casino levy & is willing to lose $48,000 which he'll
very soon. Stating that he won $500 if trip, for 6 trips
in 2wks he won $3,000.
By letting to you first is the casino's bait so that you'll
play big so that you will lose your money faster than you win it.
The casino doesn't survive if people don't gamble & from historical
data 92% lose, 5% break even and only 2% win for a while & finally
return all the wins back to the casino as he play on.
Philosophy of LIFE: Don't be too Greedy & avoid 3 things -
1) betting in Horse Rasing
2) betting in Casino
3) anything that is too good to be true aviod it e.g. quick money
making scheme.

An experience investor

Posted by tigerroar > 2013-06-24 15:32 | Report Abuse

So low today! What happened?

Posted by rioxyoshi > 2013-06-29 20:16 | Report Abuse

megasales

Posted by armadasaxon > 2013-07-22 12:44 | Report Abuse

they always talk about how much they win..how about their loses..lol

sengchai

23 posts

Posted by sengchai > 2013-07-23 14:03 | Report Abuse

Some institution is play every body pls be careful.

skelict

2 posts

Posted by skelict > 2013-07-31 22:12 | Report Abuse

Trading volume looks good, at least maintain it.

efugor

1 posts

Posted by efugor > 2013-08-19 13:47 | Report Abuse

start moving

weijian

4 posts

Posted by weijian > 2013-08-22 11:54 | Report Abuse

world or regional crisis soon???? everything down today.

inphyy

338 posts

Posted by inphyy > 2013-08-28 12:55 | Report Abuse

It has been sometime now refocus back this counter, Taking 1.22 as next support price.

inphyy

338 posts

Posted by inphyy > 2013-08-28 17:07 | Report Abuse

Hmmm...this counter me have to be patient ≥︺‿︺≤

Closing bell 1.305 -0.03

Posted by alex90gray > 2013-08-28 19:05 | Report Abuse

The weaker performance was mainly due to the continual compression of interest margin, an impairment loss on investments and a net allowance for loan losses made as compared to a net write-back in the previous year.
SGX Stock Picks | Singapore Stock Recommendations | Best Shares to Buy @ (http://goo.gl/JtKiBu)

Posted by tigerroar > 2013-08-29 17:16 | Report Abuse

Time to collect!

Posted by lotsofmoney > 2013-08-30 09:58 | Report Abuse

Casino never lost money. Anybody foolhardy enough to touch it will definately lost all his/her money.

Posted by alexchong8 > 2013-09-10 11:35 | Report Abuse

Minority shareholders should push for higher dividend yield! Accountability for poor investment must be enforced too for any impairment loss resulted.

Posted by nicholas720 > 2013-09-11 16:17 | Report Abuse

Psychological techniques

Posted by peachtea > 2013-09-14 17:04 | Report Abuse

Will it reach 1.5 soon?

Posted by ProfitMan > 2013-09-16 18:12 | Report Abuse

Anybody here holding this share for the long term.

ckchung

18 posts

Posted by ckchung > 2013-09-17 11:31 | Report Abuse

i am a victim so should i be considered as a long long term investor?
ha ha ha, my entry price was SgD2.00, ha ha ha!

Posted by ProfitMan > 2013-09-17 13:08 | Report Abuse

Oops, sorry, SGD2 is rather high unless you average down.

ckchung

18 posts

Posted by ckchung > 2013-09-17 13:14 | Report Abuse

tq profitman, no more bullets so waiting dielah.

Posted by ProfitMan > 2013-09-17 17:44 | Report Abuse

Don't worry. Counters like this is safe to hold. If you are a Malaysian, then you can go for currency gains as well.

ckchung

18 posts

Posted by ckchung > 2013-09-17 18:20 | Report Abuse

u r right profitman, recently a little gains in currency rates

SHAREUP

1 posts

Posted by SHAREUP > 2013-09-17 21:33 | Report Abuse

I am Malaysian and buy at SGD2.01. Due to currency depreciation, the cost now is SGD1.89. Never worry for this counter....try to imagine after 20 yrs..I am going to have capital gains and currency gains....

Posted by ProfitMan > 2013-09-17 23:42 | Report Abuse

Yeah, all investors experience this. Buy high and then no more bullets. Welcome to the club. MYR is expected to depreciate further vs SGD and Genting will appreciate again.

ckchung

18 posts

Posted by ckchung > 2013-09-18 10:23 | Report Abuse

r u sure buying when it is up till 1.8 & 2.4?
pls explain, tq

Posted by 陈援喜 > 2013-09-20 17:14 | Report Abuse

If u have confident, shld buy more now & sell at $1.80 above

ckchung

18 posts

Posted by ckchung > 2013-09-22 18:16 | Report Abuse

hi, 陈援喜 why r u so sure it will go up to 1.80 and above,
pls give me ur guidance, tqvm

ckchung

18 posts

Posted by ckchung > 2013-09-25 14:11 | Report Abuse

what makes u say that anything to support you estimate? how long will it take to reach ur target??? pls enlighten! tqvm

Posted by Terrence Long > 2013-09-25 16:15 | Report Abuse

my street analysis tells me that uncles and aunties have this counter in their radar. waiting for catalyst!

Posted by pyramidpoh > 2013-09-26 08:47 | Report Abuse

clarence,based on what investment theory ,you say Genting SP can reach TP3.60.

Posted by clarence_yeo2003 > 2013-09-26 09:14 | Report Abuse

i would not say theory this is just my observation. :) i never say it will hit but there is a probability it will hit.

ckchung

18 posts

Posted by ckchung > 2013-09-26 09:31 | Report Abuse

thanks for ur clarification!

Posted by sesisir_pisang > 2013-09-26 18:48 | Report Abuse

3.6 ?

Posted by alex90gray > 2013-09-26 20:52 |

Post removed.Why?

Posted by alex6646 > 2013-10-10 17:20 | Report Abuse

Sure up...but will take some ..time...see... How stronger you are...

inphyy

338 posts

Posted by inphyy > 2013-10-18 20:11 | Report Abuse

Genting Singapore's Marina Bay Sands posts "uneventful" 3Q13 results

Practically the same as last quarter.

MBS released its 3Q13 operating numbers which threw up no surprises, said CIMB.

GGR came in at US$807m, up 30% yoy because of a normalisation of VIP hold rates to 2.85% (1.79% in 3Q12), and qoq, the numbers largely reflected the same business levels as in 2Q13.

VIP rolling chip was down 4% qoq to US$13,785m. Non-rolling chip on the mass floor was down 1% to US$1,156m. Receivables remained above the US$1.1bn mark.

CIMB noted the Genting's forward strategy is to focus on the foreign premium mass segment with some margin pressure expected as the casino pays for the rooms.

Management also told CIMB about the IR opportunity in Japan and expects this to be “the single most expensive” investment, especially with construction costs expected to go up in the lead-up to the 2020 Olympics.

"We expect Genting Singapore to report similar uninspiring 3Q13 numbers on 7 Nov. Genting Singapore has rallied recently on the back of its chances in Japan which admittedly are more than good. It has been ahead of the curve in engaging with potential partners and the potential landscape," said CIMB.

"We also believe the Japanese will lean towards the Singapore IR model, which is capex-heavy and regulation-heavy. We are positive on Genting Singapore and Japan but would not be over-enthusiastic on the option value. If the Japanese want the same Singapore model, then ROCEs could potentially be low," it added.

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