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Genting Sing
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Genting SP Next Move
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Eagle88
Elite |
09-Jun-2023 09:47
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Bank of China may reduce interest rate to help boost up the economy further, Fed has very high chance pause the interest rate in next week meeting, all these are good indicators that more Chinese tourist money will be coming to SEA and majority will come to Singapore and RWS will surely benefited from this positive development.    | ||||
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n3wbie
Elite |
08-Jun-2023 23:14
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Thanks for sharing these articles - interesting developments but technically it does not affect the business operations nor should it affect the share price performance?
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Winnertakeall
Veteran |
08-Jun-2023 19:41
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Singapore Blue-Chip Stock Offering a Great Mix of Growth and DividendsGenting Singapore (SGX: G13)Genting Singapore owns and operates the integrated resort (IR) at Resorts World Sentosa (RWS). The resort opened in 2010 and now features around 1,600 hotel rooms, a casino, a Universal Studio Singapore (USS) theme park, and a variety of retail, dining, and entertainment options. The group is seeing a strong surge in revenue and profit from the reopening of borders. Air travel and tourism have returned with a bang and benefitted the IR operator immensely. Genting Singapore reported a  robust set of earningsfor 2022 and doubled its final dividend to S$0.02. 2022&rsquo s total dividend came up to S$0.03, giving its shares a trailing dividend yield of 3.1%. The growth momentum is continuing into 1Q 2023 with the group reporting a 54% year on year surge in revenue to S$484.5 million. Net profit for the period more than tripled year on year from S$40.4 million to S$129.2 million. In line with its RWS 2.0 strategic plans, the group has rebranded Festive Hotel as Hotel Ora and added 389 rooms to its inventory with a soft launch in April this year. Ongoing construction works are proceeding smoothly for the USS theme park and new Singapore Oceanarium with a soft opening scheduled for early 2025. |
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aragosta
Master |
08-Jun-2023 13:48
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Yes, gambling with Genting stock needs luck, like any form of gambling Look here... - bid for Yokohama casino license, no luck - pull out of Australian casinos market, Australia gaming boomed after, no luck - wanted to bid for Macau licence, wanted to enter Filipino market, Spore Govt objected, no luck |
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aragosta
Master |
08-Jun-2023 13:43
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Remember the first time it happened , the shares took a nose drive.....now it' s dé jà vu, happening again..... https://hype.my/2023/332036/genting-founder-lim-goh-tongs-granddaughters-file-rm1-6-billion-lawsuit-against-late-mothers-executors/ https://www.freemalaysiatoday.com/category/highlight/2023/06/01/genting-inheritance-saga-gets-murkier-with-new-rm1-6bil-lawsuit/ after it was settled in 2018, the shares rallied.... https://theedgemalaysia.com/article/newsbreak-global-settlement-ends-genting-family-feud   |
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jm2212
Veteran |
08-Jun-2023 13:15
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I can only say that the casino business is good, but can't comment on the luck factor | ||||
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Segarvale
Senior |
08-Jun-2023 12:08
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Today broke 200 days MA..now hanging 94c, slightly above support line..long term can nibble and wait for a technical rebound...stop loss if broke 90c, thats what i will be doing, in the days ahead if support holds firm...good luck all
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Aceking
Member |
08-Jun-2023 11:32
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Niama, drop like no tomorrow!sickening sucking us dry | ||||
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Eagle88
Elite |
08-Jun-2023 10:17
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Throwing money away to make one happy? 
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aragosta
Master |
08-Jun-2023 09:23
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No worries.... just the family feud again...... When it' s over, it will bounce back again. for me personally, no $1.50 no sell...... |
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thinkand
Member |
08-Jun-2023 09:05
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Seem oversold now | ||||
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honesty
Veteran |
07-Jun-2023 11:21
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will head south to 0.8, MBS is doing so well, nice view be it sea, casino, lots of cafe, downtown area incl chinatown, marina, gardens by the bay. many gamblers in fact prefer MBS, regulars  voucher of 100 to 150/- almost monthly, to a few restaurants including canton paradise. Genting has literally lost out, mainly visited by Johoreans/malaysians, DOYDD | ||||
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Segarvale
Senior |
07-Jun-2023 10:51
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Another week gone after breaking 1$..now 96/96.5c...gonna test 200 days MA soon i believed..from recent april high to current level, ard 20% drop..bearish sign and price could be stagnant and hover ard 95c +-...
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Winnertakeall
Veteran |
07-Jun-2023 10:41
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TOT B VOL : 1.31M TOT S VOL : 15.60M Shortists selling to push prices down This counter favourite for shortlists SGX allows shortsellers to borrow shares and pay interests  |
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Aceking
Member |
07-Jun-2023 09:10
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Every day keep dropping! Do something la Mr Lim! | ||||
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Eagle88
Elite |
06-Jun-2023 14:20
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QueenMaya
Senior |
05-Jun-2023 18:57
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Turf club to close Genting to benefit.
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ttimer
Member |
05-Jun-2023 11:12
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This counter is highly speculative, it will fluctuate whenever there are events/news to justify, just need to stick to your guns or average down and wait out, should be ok just before the next results | ||||
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n3wbie
Elite |
05-Jun-2023 09:57
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Interesting inverse movement with the STI without any news | ||||
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aragosta
Master |
05-Jun-2023 09:46
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Thunder comes before lightning strikes... personally, no $1.50 no sell..... |
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