This is the only counter that you can reap your wealth for long term investments. a) Buy GENS below 1.40 or for long term or b) can apply 'buying" average down concept if you have extra cash.
This is a special niche business very few ppl can be able to operate. In time of recession....people will go gambling and gambling is recession proof. Without Singapore Genting and LaVegas Sand....Singapore economy can not recovered fast. It creates more employment and synergy to the country prosperity.
Beaware of Genting Group forming an AXIS Entente like during the 2nd WW. GERMANY-ITALY-JAPAN. Genting Group-MALAYSIA-SINGAPORE-GREAT BRITAIN-AMERICA. Very powerful Axis and once squeezes, the WORLD will rope into half. So....Genting Shares will continue unvail their GOODIES soon.
Harvest Court Development Sdn Bhd (HCDSB), is proposing to diversify its existing business of manufacturing and marketing of timber doors and other related products into the construction business.
In a note to Bursa Malaysia, TA Securities Holdings Bhd, its adviser, said on behalf of the company that the exercise would require shareholders? approval in a general meeting that might result in the diversion of 25% or more of its net assets to an operation that differs widely from that previously carried out by Harvest Court.
It also said the proposed diversification could result in a contribution of 25% or more of its net profits.
The exercise comes following a non-binding related party transactions (RPTs) last month with 1Green Enviro Sdn Bhd for the construction of a pulp and paper plant in Negri Sembilan worth RM70mil to process oil palm empty fruit bunches and Sagajuta Sdn Bhd for the design and construction of a proposed mixed development in Sabah worth RM129mil. (20/12/12)
This counter you will never regret and full of potential and explosive for investors and a good holding counter for medium and long term. This is one of the icons in Singapore Stock Exchange and the only competitor is Marina Sands Singapore.
Junket licence news help G.SP broke through 2 resistance levels. Strong support formed at 1.715. If the quarterlies are good, this shall help G.SP break through the '2' ceiling..
Technical Support & Resistance level for STI Market - Live STI Support STI having nearest support @ 2850 level and below this level it can take support @ 2835 which is its 200 day MA level and below this 2815 will be the support zone for STI.
STI Resistance
STI having Resistance @2895 and above this level it may take resistance @ 2910-2935 levels.
Investors are over reacting and shortists taking advantage of the sell-down. Genting SP is NOT IN THE RED. Be like Mr Warren Buffett...so steady. It's not the end of the world economy. WAKE UP MAN!!
Does anybody know the intrinsic value of Genting SP? This info is good for investors as otherwise the shortists will anyhow push its price down destroying its market reputation.
What is happening to Genting? It keeps on dropping and everyone in this blog keeps on saying it is good ... long term investment. Am I missing something?
Yes.. many people panic, many people sell, few people buy.. still will not work.. you need BB to come and bring it up... So far, BB are not interested in it... Why?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
kkguoqiang
2 posts
Posted by kkguoqiang > 2011-11-23 12:58 | Report Abuse
come on buy now!